Capital Calls and Disbursements from Collateral Accounts Sample Clauses

Capital Calls and Disbursements from Collateral Accounts. The Borrowers in a Fund Group shall issue, and, as applicable, (i) in accordance with the applicable Feeder Fund Acknowledgment and Confirmation, directly or indirectly cause the related Feeder Fund to issue and (ii) in accordance with the applicable Blocker Acknowledgment and Confirmation, directly or indirectly cause the related Blocker to issue, Capital Calls at such times as are necessary in order to ensure the timely payment of the Obligations of such Fund Group hereunder. Each Borrower hereby irrevocably authorizes and directs the Secured Parties, acting through the Administrative Agent, to charge from time to time the Collateral Accounts of such Fund Group for amounts owed by such Fund Group that are not paid when due (after the passage of any applicable grace period) to the Secured Parties or any of them hereunder and under the other applicable Loan Documents; provided that promptly after any disbursement of funds from any such account to the Secured Parties, as contemplated in this Section 5.2(d), the Administrative Agent shall deliver a written notice of such disbursement to the Borrowers of such Fund Group. Amounts in any applicable Feeder Fund Collateral Account and any applicable Blocker Collateral Account shall be subject to the restrictions contained in Section 9.18.
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Capital Calls and Disbursements from Collateral Accounts. The Borrowers shall issue Capital Calls at such times as are necessary in order to ensure the timely payment of the Obligations hereunder. Each Borrower hereby irrevocably authorizes and directs the Secured Parties, acting through the Administrative Agent, to charge from time to time the Collateral Accounts for amounts not paid when due (after the passage of any applicable grace period) to the Secured Parties or any of them hereunder and under the other Loan Documents; provided that promptly after any disbursement of funds from any such account to the Secured Parties, as contemplated in this Section 5.2(d), the Administrative Agent shall deliver a written notice of such disbursement to the Borrowers.
Capital Calls and Disbursements from Collateral Accounts. The Borrowers shall issue Capital Calls at such times as are necessary in order to ensure the timely payment of the Obligations hereunder. Each Borrower hereby irrevocably authorizes and directs the Secured Parties, acting through the Administrative Agent, upon the occurrence and during the continuance of any Event of Default, to charge from time to time the Collateral Accounts, and any other accounts of any Borrower maintained at any Secured Party (including the Cash Collateral Account), for amounts not paid when due (after the passage of any applicable grace period) to the Secured Parties or any of them hereunder and under the other Loan Documents; provided that promptly after any disbursement of funds from any such account to the Secured Parties, as contemplated in this Section 5.2(d), the Administrative Agent shall deliver a written notice of such disbursement to the Borrowers.
Capital Calls and Disbursements from Collateral Accounts. Each Borrower will issue Capital Calls at such times as are necessary in order to ensure the timely payment of the Obligations of the Fund Group relating to such Borrower hereunder. Solely following the occurrence and during the continuance of a Cash Control Event in respect of any Fund Group, each Borrower in such Fund Group hereby irrevocably authorizes and directs the Administrative Agent to charge from time to time the Collateral Account for amounts not paid when due to Administrative Agent or any Lender hereunder and under the other Loan Documents; provided that promptly after any disbursement of funds from any such account to Administrative Agent or any such Lender, as contemplated in this Section 5.02(h), the Administrative Agent shall deliver a written notice of such disbursement to the Borrower; provided, further, that the failure to deliver such notice shall not invalidate the Administrative Agent’s right to charge the Collateral Accounts.
Capital Calls and Disbursements from Collateral Accounts. The Credit Parties will issue Capital Calls at such times as are necessary in order to ensure the timely payment of the Obligations hereunder. Each Credit Party hereby irrevocably authorizes and directs the Secured Parties, acting through the Administrative Agent, to charge from time to time the Collateral Accounts, and any other accounts of any Credit Party maintained at any Secured Party, for amounts not paid when due (after the passage of any applicable grace period) to the Secured Parties or any of them hereunder and under the other Loan Documents; provided that promptly after any disbursement of funds from any such account to the Secured Parties, as contemplated in this Section 5.2(d), the Administrative Agent shall deliver a written notice of such disbursement to the Borrowers.
Capital Calls and Disbursements from Collateral Accounts. The Borrower will issue Capital Calls at such times as are necessary in order to ensure the timely payment of the Obligations hereunder. Solely following the occurrence and during the continuance of a Cash Control Event, the Borrower hereby irrevocably authorizes and directs the Administrative Agent to charge from time to time the Collateral Account for amounts not paid when due to Administrative Agent or any Lender hereunder and under the other Loan Documents; provided that promptly after any disbursement of funds from any such account to Administrative Agent or any such Lender, as contemplated in this Section 5.02(h), the Administrative Agent shall deliver a written notice of such disbursement to the Borrower; provided, further, that the failure to deliver such notice shall not invalidate the Administrative Agent’s right to charge the Collateral Accounts.

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