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

Conversion of Term Loans to Revolving Loans. At any time during the Revolving Period, any Term Lender that is an Affiliate of the Agent (or is the Agent itself) may convert (with notice to the Borrower and the Servicer) any portion of a Term Loan to a Revolving Loan.

Appears in 2 contracts

Samples: Loan and Servicing Agreement (Blackstone Private Credit Fund), Loan and Servicing Agreement (Blackstone Private Credit Fund)

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Conversion of Term Loans to Revolving Loans. At any time during the Revolving Period, any Term Lender that is an Affiliate of affiliated with the Agent (or is and the Agent itself) may convert (with the prior written consent of the Borrower, and notice to the Borrower Servicer and the ServicerCollateral Agent) any portion of a asuch Lxxxxx’s Term Loan to a Revolving Loan.

Appears in 1 contract

Samples: Loan and Servicing Agreement (Ares Strategic Income Fund)

Conversion of Term Loans to Revolving Loans. At any time during the Revolving Period, with the prior written consent of the Borrower, any Term Lender that is an Affiliate of the Agent (or is the Agent itself) may convert (with notice to the Borrower Borrower, the Servicer and the ServicerCollateral Agent) any portion of a Term Loan to a Revolving Loan.

Appears in 1 contract

Samples: Loan and Servicing Agreement (Antares Strategic Credit Fund)

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Conversion of Term Loans to Revolving Loans. At any time during the Revolving Period, any Term Lender that is an Affiliate of affiliated with the Agent (or is and the Agent itself) may convert (with the prior written consent of the Borrower, and notice to the Borrower Servicer and the ServicerCollateral Agent) any portion of a Term Loan to a Revolving Loan.

Appears in 1 contract

Samples: Loan and Servicing Agreement (Ares Strategic Income Fund)

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