Common use of Conversion of Revolving Loans to Term Loans Clause in Contracts

Conversion of Revolving Loans to Term Loans. (i) At any time during the Commitment Period, the Administrative Agent may request (with notice to the Borrower and the Services Provider) that any portion (such portion, the “Requested Conversion Portion”) of the outstanding Revolving Loans be converted to a term loan equal to such Requested Conversion Portion.

Appears in 8 contracts

Samples: Credit Agreement (Owl Rock Core Income Corp.), Credit Agreement (Owl Rock Capital Corp), Credit Agreement (Owl Rock Core Income Corp.)

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Conversion of Revolving Loans to Term Loans. (i) At any time during the Commitment Revolving Period, the Administrative Agent may request (with notice to the Borrower and the Services ProviderCollateral Manager) that any portion (such portion, the “Requested Conversion Portion”) of the outstanding Revolving Loans be converted to a term loan Term Loan equal to such Requested Conversion Portion.

Appears in 6 contracts

Samples: Loan and Servicing Agreement (Blue Owl Capital Corp III), Loan and Servicing Agreement (Blue Owl Capital Corp III), Loan and Servicing Agreement (Owl Rock Capital Corp III)

Conversion of Revolving Loans to Term Loans. (i) At any time during the Commitment Period, the Administrative Agent may request (with notice to the Borrower Borrower, the applicable Lenders and the Services Provider) that any portion (such portion, the “Requested Conversion Portion”) of the outstanding Revolving Loans be converted to a term loan equal to such Requested Conversion Portion.

Appears in 4 contracts

Samples: Credit Agreement (Blue Owl Technology Finance Corp. II), Credit Agreement (Owl Rock Technology Finance Corp. II), Credit Agreement (Owl Rock Technology Finance Corp. II)

Conversion of Revolving Loans to Term Loans. (i) At any time during the Commitment Period, the Administrative Agent may request (with notice to the Borrower and Borrower, the Services ProviderProvider and each Revolving Lender) that any portion (such portion, the “Requested Conversion Portion”) of the outstanding Revolving Loans be converted to a term loan equal to such Requested Conversion Portion; provided that any such request shall be made to each Revolving Lender on a pro rata basis.

Appears in 4 contracts

Samples: Credit Agreement (Blue Owl Credit Income Corp.), Credit Agreement (Blue Owl Capital Corp), Credit Agreement (Blue Owl Credit Income Corp.)

Conversion of Revolving Loans to Term Loans. (i) At any time during the Commitment Period, the Administrative Agent may request (with notice to the Borrower and Borrower, the Services ProviderProvider and each Revolving Lender) that any portion (such portion, the “Requested Conversion Portion”) of the outstanding Revolving Loans be converted to a term loan equal to such Requested Conversion Portion.

Appears in 2 contracts

Samples: Credit Agreement (Owl Rock Capital Corp), Credit Agreement (Owl Rock Capital Corp II)

Conversion of Revolving Loans to Term Loans. (i) At any time during the Commitment Period, the Administrative Agent may request (with notice to the Borrower and and, the Services ProviderProvider and each Revolving Lender) that any portion (such portion, the “Requested Conversion Portion”) of the outstanding Revolving Loans be converted to a term loan equal to such Requested Conversion Portion.

Appears in 2 contracts

Samples: Credit Agreement (Owl Rock Capital Corp II), Credit Agreement (Owl Rock Core Income Corp.)

Conversion of Revolving Loans to Term Loans. (i) At any time during the Commitment Period, the Administrative Agent may request (with notice to the Borrower Borrower, the Collateral Manager, the Collateral Agent and the Services ProviderCollateral Administrator) that any portion (such portion, the “Requested Conversion Portion”) of the outstanding Revolving Loans be converted to a term loan equal to such Requested Conversion Portion, subject to the prior written consent of the Borrower in accordance with Section 2.7(b)(ii).

Appears in 2 contracts

Samples: Credit Agreement (Golub Capital Private Credit Fund), Credit Agreement (Golub Capital Private Credit Fund)

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Conversion of Revolving Loans to Term Loans. (i) At any time during the Commitment Period, the Administrative Agent may request (with notice to the Borrower Borrower, the Lenders and the Services Provider) that any portion (such portionportion to be applied on a pro rata basis among the Lenders, the “Requested Conversion Portion”) of the outstanding Revolving Loans be converted to a term loan equal to such Requested Conversion Portion.

Appears in 1 contract

Samples: Credit Agreement (Blue Owl Technology Income Corp.)

Conversion of Revolving Loans to Term Loans. (i) At any time during the Commitment Period, the Administrative Agent may request (with notice to the Borrower Borrower, the Collateral Agent and the Services ProviderServicer) or the Borrower may request (with notice to the Administrative Agent, the Collateral Agent and the Servicer) that any portion (such portion, the "Requested Conversion Portion") of the outstanding Revolving Loans be converted to a term loan Term Loan equal to such Requested Conversion Portion.

Appears in 1 contract

Samples: Credit Agreement (Ares Strategic Income Fund)

Conversion of Revolving Loans to Term Loans. (i) At any time during the Commitment Period, the Administrative Agent may request (with notice to the Borrower and and, the Services ProviderProvider and each Revolving Lender) that any portion (such portion, the “Requested Conversion Portion”) of the outstanding Revolving Loans be converted to a term loan equal to such Requested Conversion Portion.

Appears in 1 contract

Samples: Credit Agreement (Owl Rock Capital Corp)

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