Approval of Qualified Borrower. In order for an entity to be approved as a Qualified Borrower (i) the Borrowers must obtain the written consent of each Lender, not to be unreasonably withheld; (ii) such entity shall be one in which a Borrower or another Credit Party owns a direct or indirect ownership interest, or through which the Borrower or another Credit Party may acquire an Investment, the indebtedness of which entity can be guaranteed by such Borrower or an applicable Feeder Fund under their Constituent Documents (a “Qualified Borrower”); and (iii) the provisions of this Section 6.3 shall be satisfied;
Appears in 6 contracts
Samples: Revolving Credit Agreement (AB Private Credit Investors Corp), Revolving Credit Agreement (AB Private Credit Investors Corp), Revolving Credit Agreement (AB Private Credit Investors Corp)
Approval of Qualified Borrower. In order for an entity to be approved as a Qualified Borrower (i) the Borrowers must obtain the written consent of each Lender, not to be unreasonably withheld; (ii) such entity shall be one in which a Borrower or another Credit Party owns a direct or indirect ownership interest, or through which the a Borrower or another Credit Party may acquire an Investment, the indebtedness of which entity can be guaranteed by such Borrower or an applicable Feeder Fund under their Constituent Documents (a “Qualified Borrower”); and (iii) the provisions of this Section 6.3 shall be satisfied;
Appears in 5 contracts
Samples: Revolving Credit Agreement (Barings Capital Investment Corp), Revolving Credit Agreement (AB Private Credit Investors Corp), Revolving Credit Agreement (Barings Capital Investment Corp)
Approval of Qualified Borrower. In order for an entity to be approved as a Qualified Borrower (i) the Borrowers applicable Borrower must obtain the written consent of each Lender, not to be unreasonably withheld; (ii) such entity shall be one in which a Borrower or another Credit Party Borrower owns a direct or indirect ownership interest, or through which the such Borrower or another Credit Party Borrower may acquire an Investment, the indebtedness of which entity can be guaranteed by such the applicable Borrower or an applicable Feeder Fund under their its Constituent Documents (a “Qualified Borrower”); and (iii) the provisions of this Section 6.3 shall be satisfied;
Appears in 3 contracts
Samples: Revolving Credit Agreement (NMF SLF I, Inc.), Revolving Credit Agreement (Owl Rock Technology Finance Corp.), Revolving Credit Agreement (Owl Rock Technology Finance Corp.)
Approval of Qualified Borrower. In order for an entity to be approved as a Qualified Borrower (i) the Borrowers must obtain the written consent of each Lender, not to be unreasonably withheld; (ii) such entity shall be one in which a Borrower or another Credit Party owns a direct or indirect ownership interest, or through which the Borrower or another Credit Party may acquire an Investmentinvestment, the indebtedness of which entity can be guaranteed by such Borrower or an the applicable Feeder Fund under their Constituent Documents (a “Qualified Borrower”); and (iii) the provisions of this Section 6.3 shall be satisfied;
Appears in 2 contracts
Samples: Revolving Credit Agreement (AB Commercial Real Estate Private Debt Fund, LLC), Revolving Credit Agreement (AB Commercial Real Estate Private Debt Fund, LLC)
Approval of Qualified Borrower. In order for an entity to be approved as a Qualified Borrower (i) the Borrowers must obtain the written consent of each LenderManaging Agent, not to be unreasonably withheld; (ii) such entity shall be one in which a Borrower or another Credit Party owns a direct or indirect ownership interest, or through which the a Borrower or another Credit Party may acquire an Investment, the indebtedness of which entity can be guaranteed by such the Initial Borrower or an applicable Feeder Fund under their its Constituent Documents (a “Qualified Borrower”); and (iii) the provisions of this Section 6.3 shall be satisfied;
Appears in 2 contracts
Samples: Revolving Credit Agreement (Crescent Capital BDC, Inc.), Revolving Credit Agreement (Crescent Capital BDC, Inc.)
Approval of Qualified Borrower. In order for an entity to be approved as a “Qualified Borrower Borrower” (i) the Borrowers must obtain the written consent of each Lender, not to be unreasonably withheld; (ii) such entity shall be one in which a Borrower or another Credit Party owns a direct or indirect ownership interest, or through which the a Borrower or another Credit Party may acquire an Investment, the indebtedness of which entity can be guaranteed by such a Fund Borrower or an applicable Feeder Fund under their its Constituent Documents (a “Qualified Borrower”); and (iii) the provisions of this Section 6.3 shall be satisfied;
Appears in 1 contract
Samples: Revolving Credit Agreement (AG Twin Brook BDC, Inc.)
Approval of Qualified Borrower. In order for an entity to be approved as a Qualified Borrower (i) the Borrowers must obtain the written consent of each Lender, not to be unreasonably withheld; (ii) such entity shall be one in which a Borrower or another Credit Party Borrower owns a direct or indirect ownership interest, or through which the such Borrower or another Credit Party Borrower may acquire an Investment, the indebtedness of which entity can be guaranteed by such Borrower or an applicable Feeder Fund the Borrowers under their Constituent Documents (a “Qualified Borrower”); and (iii) the provisions of this Section 6.3 shall be satisfied;
Appears in 1 contract
