Common use of Authorized Amount; Stated Maturity; Denominations Clause in Contracts

Authorized Amount; Stated Maturity; Denominations. (a) The aggregate principal amount of Notes that may be authenticated and delivered under this Indenture is limited to, with respect to the Class A Notes, U.S.$76,923,077, excluding (i) Notes issued upon registration of, transfer of, or in exchange for, or in lieu of, other Notes pursuant to Sections 2.5, 2.6 or 8.6 of this Indenture or (ii) additional notes issued in accordance with Section 2.13 and other applicable provisions of Article 8. (b) The Notes shall have the designations, aggregate stated and funded principal amounts and other characteristics as follows: Class Designation Class A Note Original Aggregate Stated Face Amount U.S.$76,923,077 Initial Funded Aggregate Principal Amount U.S.$30,769,231 Stated Maturity December, 2029 The Class A Notes shall be issued in minimum denominations of U.S.$500,000 and integral multiples of U.S.$1 in excess thereof, and in each case, shall only be transferred or resold in compliance with the terms of this Indenture. The Class A Notes shall not bear interest. All of the Class A Notes are entitled to receive payments of Principal Collections and Interest Collections on a Redemption Date in the amount of the applicable Redemption Price, the relevant date following the occurrence of an Enforcement Event and the date of Maturity, in each case, pro rata and pari passu among themselves in accordance with the Priority of Payments. The Class A Notes shall be issued in exchange for, on the Closing Date, the consideration contemplated by Section 2(a) of the Issuer Sale and Contribution Agreement and, thereafter, for cash and for consideration otherwise contemplated in Section 2 of the Issuer Sale and Contribution Agreement.

Appears in 1 contract

Samples: Indenture (BC Partners Lending Corp)

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Authorized Amount; Stated Maturity; Denominations. (a) The aggregate principal amount of Notes that may be authenticated and delivered under this Indenture is limited to, with respect to the Class A A-1 Notes, U.S.$76,923,077U.S.$136,000,000, and with respect to the Class A-R Notes, the Maximum RCN Facility Funding Commitment, excluding (i) Notes issued upon registration of, transfer of, or in exchange for, or in lieu of, other Notes pursuant to Sections 2.5, 2.6 or 8.6 8.5 of this Indenture or (ii) additional notes issued in accordance with Section 2.13 and other applicable provisions of Article 8. (b) The Notes shall have the designations, aggregate stated and funded principal amounts and other characteristics as follows: Class Designation Class A A-1 Note Class A-R Note Original Aggregate Stated Face Amount U.S.$76,923,077 Initial Funded Aggregate Principal Amount U.S.$30,769,231 U.S.$136,000,000 U.S.$26,666,667 Stated Maturity DecemberDecember 5, 2029 December 5, 2029 The Class A A-1 Notes shall be issued in minimum denominations of U.S.$500,000 and integral multiples of U.S.$1 U.S.$1,000 in excess thereof, thereof and in each case, shall only be transferred or resold in compliance with the terms of this Indenture. No interest shall accrue in respect of the Class A-1 Notes. The Class A A-R Notes shall not bear interestbe issued in minimum denominations of U.S.$500,000 (which may represent a combination of the Outstanding Class A-R Funded Amount, if any, and the Remaining Unfunded Facility Commitment attributable to such Class A-R Notes) and integral multiples of U.S.$1,000 in excess thereof and shall only be transferred or resold in compliance with the terms of this Indenture and the Revolving Credit Note Agreement. No interest shall accrue in respect of the Class A-R Notes. All of the Class A Notes and Class A-R Notes are entitled to receive payments of Interest Proceeds and Principal Collections and Interest Collections Proceeds on a Redemption Date in the amount of the applicable Redemption Price, the relevant date following the occurrence of an Enforcement Event and the date of Maturity, in each case, pro rata and pari passu among themselves in accordance with the Priority of Payments. The In the case of any Mandatory Repayment Date, the Holders of the Class A-R Notes shall be entitled to receive repayment of the Outstanding Class A-R Funded Amount (or the applicable portion thereof that is being repaid) pro rata and pari passu among themselves and no amount shall be payable in respect of the Class A Notes shall be issued in exchange for, on the Closing Date, the consideration contemplated by Section 2(a) of the Issuer Sale and Contribution Agreement and, thereafter, for cash and for consideration otherwise contemplated in Section 2 of the Issuer Sale and Contribution Agreementconnection with any Mandatory Repayment.

Appears in 1 contract

Samples: Eighth Supplemental Indenture (Investcorp Credit Management BDC, Inc.)

Authorized Amount; Stated Maturity; Denominations. (a) The aggregate principal amount of Notes that may be authenticated and delivered under this Indenture is limited to, with respect to the Class A A-1 Notes, U.S.$76,923,077U.S.$136,000,000, with respect to the Class A-2 Notes, U.S.$97,333,334, and with respect to the Class A-R Notes, the Maximum RCN Facility Funding Commitment, excluding (i) Notes issued upon registration of, transfer of, or in exchange for, or in lieu of, other Notes pursuant to Sections 2.5, 2.6 or 8.6 8.5 of this Indenture or (ii) additional notes issued in accordance with Section 2.13 and other applicable provisions of Article 8. (b) The Notes shall have the designations, aggregate stated and funded principal amounts and other characteristics as follows: Class Designation Class A A-1 Note Class A-2 Note Class A-R Note Original Aggregate Stated Face Amount U.S.$76,923,077 Initial Funded Aggregate Principal Amount U.S.$30,769,231 U.S.$136,000,000 U.S$97,333,334 U.S.$40,000,000 Stated Maturity DecemberDecember 5, 2029 December 5, 2029 December 5, 2029 The Class A A-1 Notes shall be issued in minimum denominations of U.S.$500,000 and integral multiples of U.S.$1 U.S.$1,000 in excess thereof, thereof and in each case, shall only be transferred or resold in compliance with the terms of this Indenture. The Class A A-2 Notes shall not bear interestbe issued in minimum denominations of U.S.$500,000 and integral multiples of U.S.$1,000 in excess thereof and shall only be transferred or resold in compliance with the terms of this Indenture. The Class A-R Notes shall be issued in minimum denominations of U.S.$500,000 (which may represent a combination of the Outstanding Class A-R Funded Amount, if any, and the Remaining Unfunded Facility Commitment attributable to such Class A-R Notes) and integral multiples of U.S.$1,000 in excess thereof and shall only be transferred or resold in compliance with the terms of this Indenture and the Revolving Credit Note Agreement. All of the Class A Notes and Class A-R Notes are entitled to receive payments of Interest Proceeds and Principal Collections Proceeds on each Payment Date and Interest Collections on a Redemption Date in the amount of the applicable Redemption Price, the relevant date following the occurrence of an Enforcement Event and the date of Maturity, in each case, pro rata and pari passu among themselves in accordance with the Priority of Payments. The , except in the case of the Class A Notes A-2 Purchase Option Non-Exercise Redemption pursuant to which a Holder of a Class A-2 Note shall be issued entitled to receive the applicable Redemption Price of such Holder’s Class A-2 Notes in exchange for, connection with the Class A-2 Purchase Option Non-Exercise Redemption without regard to the fact that none of the Class A-1 Notes or Class A-R Notes will be redeemed in connection with the Class A-2 Purchase Option Non-Exercise Redemption. All of the Class A-2 Notes having the same CUSIP number are entitled to receive payments of Interest Proceeds and Principal Proceeds on each Payment Date and on the Closing Datedate of Maturity, pari passu among themselves, in accordance with the consideration contemplated by Section 2(a) Priority of the Issuer Sale and Contribution Agreement and, thereafter, for cash and for consideration otherwise contemplated in Section 2 of the Issuer Sale and Contribution AgreementPayments.

Appears in 1 contract

Samples: Supplemental Indenture (CM Finance Inc)

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Authorized Amount; Stated Maturity; Denominations. (a) The aggregate principal amount of Class A Notes that may be authenticated and delivered under this Indenture is limited to, with respect to the Class A Notes, U.S.$76,923,077U.S.$1,000,000,000, excluding (i) Notes issued upon registration of, transfer of, or in exchange for, or in lieu of, other Notes pursuant to Sections 2.5, 2.6 or 8.6 of this Indenture or (ii) additional notes issued in accordance with Section 2.13 and other applicable provisions of Article 8Indenture. (b) The Notes shall have the designations, aggregate stated and funded principal amounts and other characteristics as follows: As of the Closing Date: Class Designation Class A Note Original Aggregate Stated Face Amount U.S.$76,923,077 U.S.$ 76,923,077 Initial Funded Aggregate Principal Amount U.S.$30,769,231 U.S.$ 30,769,231 Stated Maturity DecemberDecember 18, 2029 As of the Second Amendment Effective Date: Class Designation Class A Note Total Authorized Principal Amount U.S.$ 1,000,000,000 Initial Aggregate Principal Amount U.S.$ 76,923,077 Stated Maturity December 18, 2029 The Class A Notes shall be issued in minimum denominations of U.S.$500,000 and integral multiples of U.S.$1 in excess thereof, and in each case, shall only be transferred or resold in compliance with the terms of this Indenture. The Class A Notes shall not bear interest. All of the Class A Notes are entitled to receive payments of Principal Collections and Interest Collections on a Redemption Date in the amount of the applicable Redemption Price, the relevant date following the occurrence of an Enforcement Event and the date of Maturity, in each case, pro rata and pari passu among themselves in accordance with the Priority of Payments. The Class A Notes shall be issued in exchange for, on the Closing Date, the consideration contemplated by Section 2(a) of the Issuer Sale and Contribution Agreement and, thereafter, for cash and for consideration otherwise contemplated in Section 2 of the Issuer Sale and Contribution Agreement.

Appears in 1 contract

Samples: Indenture (BC Partners Lending Corp)

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