Common use of Call Protection Clause in Contracts

Call Protection. If the Commitments are voluntarily terminated or reduced by the Borrower pursuant to Section 2.06(b) at any time on or prior to the first anniversary of the Effective Date, the Borrower shall on the date of any such termination or reduction pay to the Administrative Agent, for the ratable benefit of the Lenders, an amount equal to two percent (2%) of the aggregate principal amount of such termination or reduction.

Appears in 5 contracts

Samples: Secured Revolving Credit Agreement (MONROE CAPITAL Corp), Revolving Credit Agreement (MONROE CAPITAL Corp), Secured Revolving Credit Agreement (THL Credit, Inc.)

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Call Protection. If the Commitments are voluntarily terminated or reduced by the Borrower pursuant to Section 2.06(b2.07(b) at any time on or prior to the first anniversary of the Effective DateMay 27, 2011, the Borrower shall on the date of any such termination or reduction pay to the Administrative Agent, for the ratable benefit of the Lenders, an amount equal to two percent (2%) of the aggregate principal amount of such termination or reduction.

Appears in 2 contracts

Samples: Senior Secured Revolving Credit Agreement (Fifth Street Finance Corp), Senior Secured Revolving Credit Agreement (Fifth Street Finance Corp)

Call Protection. If the Commitments are voluntarily terminated or reduced by the Borrower pursuant to Section 2.06(b) at any time on or prior to the first anniversary of the Amendment No. 1 Effective Date, the Borrower shall on the date of any such termination or reduction pay to the Administrative Agent, for the ratable benefit of the Lenders, an amount equal to two one percent (21%) of the aggregate principal amount of such termination or reduction.

Appears in 1 contract

Samples: Credit Agreement (MONROE CAPITAL Corp)

Call Protection. If the Commitments are voluntarily terminated or reduced by the Borrower pursuant to Section 2.06(b2.07(b) at any time on or prior to the first date that is the one-year anniversary of the Effective Date, the Borrower shall on the date of any such termination or reduction pay to the Administrative Agent, for the ratable benefit of the Lenders, an amount equal to two percent (2%) of the aggregate principal amount of such termination or reduction.

Appears in 1 contract

Samples: Secured Revolving Credit Agreement (Fifth Street Finance Corp)

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Call Protection. If the Commitments are voluntarily terminated or reduced by the Borrower pursuant to Section 2.06(b) at any time on or prior to the first anniversary of the Amendment No. 1 Effective Date, the Borrower shall on the date of any such termination or reduction pay to the Administrative Agent, for the ratable benefit of the Lenders, an amount equal to two one percent (21%) of the aggregate principal amount of such termination or reduction.. 44

Appears in 1 contract

Samples: Credit Agreement (MONROE CAPITAL Corp)

Call Protection. If the Commitments are voluntarily terminated or reduced by the Borrower pursuant to Section 2.06(b) at any time on or prior to the first anniversary of the Effective Date, the Borrower shall on the date of any such termination or reduction pay to the Administrative Agent, for the ratable benefit of the Lenders, an amount equal to two percent (2%) of the aggregate principal amount of such termination or reductionreduction.[Intentionally Omitted].

Appears in 1 contract

Samples: Senior Secured Revolving Credit Agreement (Medley Capital Corp)

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