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.
Appears in 6 contracts
Samples: Revolving Credit Agreement (AB Private Credit Investors Corp), Revolving Credit Agreement (AB Private Credit Investors Corp), Revolving Credit Agreement (AB Private Credit Investors Corp)
Capital Calls and Minimum Contributions. Each Borrower and and, if applicable, 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 Closing Date 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 Bank evidence reasonably acceptable to the Administrative Agent Bank that each Investor has made such Capital Contributions equal to or exceeding 5% of its Capital Commitment.
Appears in 2 contracts
Samples: Revolving Credit Agreement (AB Commercial Real Estate Private Debt Fund, LLC), Revolving Credit Agreement (AB Commercial Real Estate Private Debt Fund, LLC)
