Conditions to Funding. The obligation of any Class A-R Noteholder to fund its Commitment Percentage of any Borrowing under Section 2.1 is subject to the following conditions: (a) at the time of such Borrowing, the Commitment Termination Date shall not have occurred; (b) the Indenture shall have been executed and delivered by each party thereto; (c) no Event of Default shall have occurred and be continuing; and (d) the amount of such Borrowing is equal to or greater than the Minimum Borrowing Amount.
Appears in 3 contracts
Samples: Revolving Credit Note Agreement (CM Finance Inc), Revolving Credit Note Agreement (CM Finance Inc), Revolving Credit Note Agreement
Conditions to Funding. The obligation of any Class A-R Noteholder to fund its Commitment Percentage of any Borrowing under Section 2.1 is subject to the following conditions:
(a) at the time of such Borrowing, the Commitment Termination Date shall not have occurred;
(b) the Indenture shall have been executed and delivered by each party thereto;
(c) no Event of Default shall have occurred and be continuing; and
(d) the amount of such Borrowing is equal to or greater than the Minimum Borrowing Amount.
Appears in 3 contracts
Samples: Revolving Credit Note Agreement (CM Finance Inc), Revolving Credit Note Agreement (CM Finance Inc), Revolving Credit Note Agreement (CM Finance Inc)
Conditions to Funding. The obligation of any Class A-R Noteholder to fund its Commitment Percentage of any Borrowing under Section 2.1 is subject to the following conditions:
(a) at the time of such Borrowing, the Commitment Termination Date shall not have occurred;
(b) no Borrowing Base Deficiency shall occur immediately following any such funding;
(c) the Indenture shall have been executed and delivered by each party thereto;
(cd) no Event of Default shall have occurred and be continuing; and
(de) the amount of such Borrowing is equal to or greater than the Minimum Borrowing Amount.
Appears in 1 contract
Samples: Revolving Credit Note Agreement (CION Investment Corp)
