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 Purchaser shall not be required to enter into any transaction to purchase any Loan pursuant to, or be subject to any other obligations arising under, this Agreement unless and until the Trade Date in respect of such Loan has occurred and the Capital Condition has been satisfied.

Appears in 2 contracts

Samples: Facility Agreement (North Haven Private Income Fund LLC), Facility Agreement (Owl Rock Technology Income Corp.)

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Capital Condition. For the avoidance of doubt, the parties Parties agree that, notwithstanding any provision to the contrary herein, the Purchaser shall not be required required, at any time prior to the Trigger Date, to enter into any transaction to purchase any Purchased Loan or Available Unfunded Commitment pursuant to, or be subject to any other obligations arising under, this Agreement unless and until the Trade Date in respect of such Purchased Loan or such Available Unfunded Commitment has occurred and and, on or prior to the Scheduled Facility End Date, the Capital Condition has been satisfied.

Appears in 2 contracts

Samples: Facility Agreement (KKR FS Income Trust Select), Facility Agreement (KKR FS Income Trust)

Capital Condition. For the avoidance of doubt, the parties agree that, notwithstanding any provision to the contrary herein, the Purchaser shall not be required to deliver any Forward Purchase Notice or enter into any transaction to purchase any Loan pursuant to, or be subject to assume any other obligations arising under, this Agreement Available Unfunded Commitment unless and until the Trade Date in respect of such Loan has occurred and the Capital Condition has been satisfied.

Appears in 1 contract

Samples: Facility Agreement (HPS Corporate Capital Solutions Fund)

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Capital Condition. For the avoidance of doubt, the parties agree that, notwithstanding any provision to the contrary herein, the Purchaser shall not be required required, at any time prior to the Facility End Date, to enter into any transaction to purchase any Purchased Loan or Available Unfunded Commitment pursuant to, or be subject to any other obligations arising under, this Agreement unless and until the Trade Date in respect of such Purchased Loan or such Available Unfunded Commitment has occurred and the Capital Condition has been satisfied.

Appears in 1 contract

Samples: Facility Agreement (KKR FS Income Trust)

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