Common use of Capital Condition Clause in Contracts

Capital Condition. For the avoidance of doubt, the parties agree that, notwithstanding any provision to the contrary herein, the Company shall not be required to enter into any Facility Sale Transaction unless and until the earlier of the date on which (a) the Capital Condition is satisfied or (b) the Company waives the Capital Condition.

Appears in 2 contracts

Samples: Facility Agreement (Apollo Debt Solutions BDC), Facility Agreement (Apollo Debt Solutions BDC)

AutoNDA by SimpleDocs

Capital Condition. For the avoidance of doubt, the parties agree that, notwithstanding any provision to the contrary herein, the Company shall not be required to enter into any Facility Sale Transaction nor be entitled to any benefits or subject to any Obligations hereunder, unless and until the earlier of the date on which (a) the Capital Condition is satisfied or (b) the Company waives the Capital Condition.

Appears in 2 contracts

Samples: Amended and Restated Facility Agreement (Blackstone Private Credit Fund), Facility Agreement (Blackstone Private Credit Fund)

Capital Condition. For the avoidance of doubt, the parties agree that, notwithstanding any provision to the contrary herein, the Company shall not be required to enter into any Facility Sale Transaction nor be entitled to any benefits or subject to any Obligations hereunder, unless and until the earlier of the date on which (a) the Capital Condition is satisfied or (b) the Company waives the Capital Condition.. ARTICLE IV

Appears in 1 contract

Samples: Third Amended and Restated Facility Agreement (Blackstone Private Credit Fund)

AutoNDA by SimpleDocs

Capital Condition. For the avoidance of doubt, the parties agree that, notwithstanding any provision to the contrary herein, the Company shall not be required to enter into any Facility Sale Transaction under this Agreement unless and until the earlier of the date on which (a) the Capital Condition is satisfied or (b) the Company waives the Capital Conditionsatisfied.

Appears in 1 contract

Samples: Facility Agreement (Blackstone Private Credit Fund)

Time is Money Join Law Insider Premium to draft better contracts faster.