Capital Calls and Minimum Contributions. Each Borrower and Feeder Fund shall: (a) issue at least one Capital Call during each twelve month interval following the date it first became a Credit Party hereunder in an amount of at least 5% of the aggregate Capital Commitments, provided that the Credit Parties shall not be required at any time to issue a Capital Call pursuant to this provision in excess of the amounts outstanding with respect to its Fund Group under the Credit Facility; and (b) provide to the Administrative Agent evidence reasonably acceptable to the Administrative Agent that each Investor has made such Capital Contributions equal to or exceeding 5% of its Capital Commitment.
Capital Calls and Minimum Contributions. The Borrowers shall: (a) issue at least one Capital Call during each twelve month interval following the Closing Date in an amount of at least five percent (5%)of the aggregate Capital Commitments; provided that the Borrowers shall not be required at any time to issue a Capital Call pursuant to this provision in excess of the amounts outstanding under the Credit Facility; and (b) provide to the Administrative Agent evidence reasonably acceptable to the Administrative Agent that each Investor has made such Capital Contributions equal to or exceeding five percent (5%) of its Capital Commitment.
Capital Calls and Minimum Contributions. The Initial Borrower shall, until at least 50% of the Capital Commitments have been drawn: (a) issue at least one Capital Call during each twelve-month interval following the Closing Date in an amount of at least five percent (5%) of the Unfunded Commitments; provided that the Initial Borrower shall not be - 98 - required at any time to issue a Capital Call pursuant to this provision in excess of the amounts outstanding under the Credit Facility; and (b) provide to the Administrative Agent evidence reasonably acceptable to the Administrative Agent that each Investor has made such Capital Contribution equal to or exceeding five percent (5%) of the Unfunded Commitments.
