Common use of All Loans and Letters of Credit Clause in Contracts

All Loans and Letters of Credit. The obligation of each Lender to honor any Loan Notice (other than a Loan Notice requesting only a conversion of Loans to the other Type of Loan, a continuation of Term SOFR Loans) and the obligation of the Letter of Credit Issuer to cause the issuance of Letters of Credit (including the initial Letter of Credit), is subject to the following conditions precedent that:

Appears in 2 contracts

Samples: Revolving Credit Agreement (AGTB Private BDC), Revolving Credit Agreement (Carlyle Secured Lending III)

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All Loans and Letters of Credit. The obligation of each Lender to honor any Loan Notice (other than a Loan Notice requesting only a conversion of Loans to the other Type of Loan, a continuation of Term LIBOR RateTerm SOFR Loans) and the obligation of the Letter of Credit Issuer to cause the issuance of Letters of Credit (including the initial Letter of Credit), is subject to the following conditions precedent that:

Appears in 1 contract

Samples: Revolving Credit Agreement (Franklin BSP Capital Corp)

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All Loans and Letters of Credit. The obligation of each Lender to honor any Loan Notice (other than a Loan Notice requesting only a conversion of Loans to the other Type of Loan, a continuation of Term SOFR LIBOR Rate Loans) and the obligation of the Letter of Credit Issuer to cause the issuance of Letters of Credit (including the initial Letter of Credit), is subject to the following conditions precedent that:

Appears in 1 contract

Samples: Revolving Credit Agreement (Franklin BSP Capital Corp)

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