Common use of Capital Calls and Minimum Contributions Clause in Contracts

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.

Appears in 3 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)

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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 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.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Barings Capital Investment Corp), Revolving Credit Agreement (Barings Capital Investment Corp)

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