Capital Call Facility Sample Clauses

Capital Call Facility. The Borrower will not, nor will it permit any other Obligor to, to, make any payment or prepayment of the principal or any other amount owing in respect of any Capital Call Facility from the proceeds of the Collateral, except (a) regularly scheduled payments of interest and fees if (i) no Default or Event of Default shall have occurred and be continuing and (ii) the Covered Debt Amount does not exceed the Borrowing Base after giving effect to such payment and (b) other amounts if (i) no Default or Event of Default shall have occurred and be continuing and (ii) the Covered Debt Amount does not exceed 95% of the Borrowing Base after giving effect to such payment; provided, that for the avoidance of doubt, this Section 6.16 shall not restrict the ability of any Credit Party to make any payment under any Capital Call Facility from amounts that do not constitute Collateral.
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Capital Call Facility. The Borrower will not, nor will it permit any other Obligor to, to, make any payment or prepayment of the principal or any other amount owing in respect of any Capital Call Facility from the proceeds of the Collateral, except (a) regularly scheduled payments of interest and fees if (i) no Default relating to clause (a), (b) or (i) of Article VII or Event of Default shall have occurred and be continuing and (ii) the Covered Debt Amount does not exceed the Borrowing Base after giving effect to such payment and (b) other amounts if (i) no Default relating to clause (a), (b) or (i) of Article VII or Event of Default shall have occurred and be continuing and (ii) the Covered Debt Amount does not exceed 90% of the Borrowing Base after giving effect to such payment; provided, that for the avoidance of doubt, this Section 6.16 shall not restrict the ability of any Obligor to make any payment under any Capital Call Facility from amounts that do not constitute Collateral. 126 Revolving Credit Agreement
Capital Call Facility. 130 ii763013574.7 763013574 21680120

Related to Capital Call Facility

  • Additional Capital Contributions No Member shall be required to make additional capital contributions. A Member may make additional capital contributions to the Company.

  • Capital Changes Until the one year anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding a majority in interest of the Shares.

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