Covenant of the Transferor. From the Closing Date until the Collection Date, the Transferor will not permit the BDC Asset Coverage Ratio to be less than the greater of (i) 1.50 to 1.00 and (ii) the statutory test applicable to the Transferor at any time.
Appears in 3 contracts
Samples: Loan and Servicing Agreement (Oaktree Strategic Credit Fund), Loan and Servicing Agreement (Oaktree Strategic Credit Fund), Loan and Servicing Agreement (Oaktree Strategic Credit Fund)
Covenant of the Transferor. From the Closing Date until the Collection Date, the Transferor will not permit the BDC Asset Coverage Ratio to be less than the greater of (i) 1.50 to 1.00 and (ii) the statutory test applicable to the Transferor at any time.
Appears in 2 contracts
Samples: Loan and Servicing Agreement (Oaktree Strategic Credit Fund), Loan and Servicing Agreement (Oaktree Strategic Credit Fund)
