Defaulting Members. (a) Upon the failure of any Member (a “Defaulting Member”) to pay in full any portion of such Member’s Capital Commitment within ten (10) days after written notice from any other Member (the “Default Date”) that such payment is overdue, each of the other Members, in its sole discretion, shall have the right to pursue one or more of the following remedies on behalf of the Company, and at the Company’s expense, if such failure has not been cured in full within such ten-day period:
Appears in 6 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement, Limited Liability Company Agreement (Solar Senior Capital Ltd.)
Defaulting Members. (a) Upon the failure of any Member (a “Defaulting Member”) to pay in full any portion of such Member’s Capital Commitment within ten (10) days after written notice from any the other Member (the “Default Date”) that such payment is overdue, each of the other MembersMember, in its sole discretion, shall have the right to pursue one or more of the following remedies on behalf of the Company, and at the Company’s expense, Company if such failure has not been cured in full within such ten-day period:
Appears in 6 contracts
Samples: Limited Liability Company Agreement (Owl Rock Core Income Corp.), Liability Company Agreement (Saratoga Investment Corp.), Limited Liability Company Agreement (Owl Rock Capital Corp)
Defaulting Members. (a) Upon the failure of any Member (a “"Defaulting Member”") to pay in full any portion of such Member’s Capital Commitment within ten (10) days after written notice from any the other Member (the “Default Date”) that such payment is overdue, each of the other MembersMember, in its sole discretion, shall have the right to pursue one or more of the following remedies on behalf of the Company, and at the Company’s expense, Company if such failure has not been cured in full within such ten-day period:
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Golub Capital BDC 3, Inc.), Limited Liability Company Agreement (Golub Capital Investment Corp), Limited Liability Company Agreement (Golub Capital BDC, Inc.)
Defaulting Members. (a) Upon the failure of any Member (a “Defaulting Member”) to pay in full any portion of such Member’s Capital Commitment within ten (10) days after written notice from any other Member (the “Default Date”) that such payment is overdue, each of the other Members, in its sole discretion, shall have the right to pursue one or more of the following remedies on behalf of the Company, and at the Company’s expense, Company if such failure has not been cured in full within such ten-day period:
Appears in 3 contracts
Samples: Limited Liability Company Agreement (SLR Investment Corp.), Limited Liability Company Agreement (Solar Capital Ltd.), Limited Liability Company Agreement (Solar Senior Capital Ltd.)
Defaulting Members. (a) Upon the failure of any Member (a “Defaulting Member”) to pay in full any portion of such Member’s Capital Commitment within ten (10) days after written notice from any the other Member (the “Default Date”) that such payment is overdue, each of the other MembersMember, in its sole discretion, shall have the right to pursue one or more of the following remedies on behalf of the Company, and at the Company’s expense, Company if such failure has not been cured in full within such ten-ten (10) day period:
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Business Development Corp of America), Liability Company Agreement (Horizon Technology Finance Corp)
Defaulting Members. (a) Upon the failure of any Member (a “Defaulting Member”) to pay in full any portion of such the Member’s Capital Commitment within ten (10) days after written notice from any the other Member (the “Default Date”) that such the payment is overdue, each of the other MembersMember, in its sole discretion, shall have the right to pursue one or more of the following remedies on behalf of the Company, and at Company if the Company’s expense, if such failure has not been cured in full within such the ten-day period:
Appears in 2 contracts
Samples: Limited Liability Company Agreement (BlackRock Capital Investment Corp), Limited Liability Company Agreement (THL Credit, Inc.)
Defaulting Members. (a) Upon the failure of any Member (a “Defaulting Member”) to pay in full any portion of such Member’s Capital Commitment within ten (10) business days after written notice from any other Member that such payment is overdue (the “Default Date”) that such payment is overdue), each any of the other Members, in its sole discretion, shall have the right to pursue one or more of the following remedies on behalf of the Company, and at the Company’s expense, Company if such failure has not been cured in full within such ten-ten (10) business day period:
Appears in 1 contract
Samples: Limited Liability Company Agreement (Pennantpark Investment Corp)
Defaulting Members. (a) Upon the failure of any Member (a “Defaulting Member”) to pay in full any portion of such Member’s Capital Commitment within ten (10) business days after written notice from any the other Member (the “Default Date”) that such payment is overdue, each of the other MembersMember, in its sole discretion, shall have the right to pursue one or more of the following remedies on behalf of the Company, and at the Company’s expense, Company if such failure has not been cured in full within such ten-business day period:
Appears in 1 contract
Samples: Limited Liability Company Agreement (PennantPark Floating Rate Capital Ltd.)
Defaulting Members. (a) Upon the failure of any Member (a “Defaulting Member”) to pay in full any portion of such Member’s Capital Commitment Contribution within ten (10) days after written notice from any the other Member (the “Default Date”) that such payment is overdue, each of the other MembersMember, in its sole discretion, shall have the right to pursue one or more of the following remedies on behalf of the Company, and at the Company’s expense, Company if such failure has not been cured in full within such ten-day period:
Appears in 1 contract
Samples: Limited Liability Company Agreement (HMS Income Fund, Inc.)
Defaulting Members. (a) Upon the failure of any Member (a “Defaulting Member”) to pay in full any portion of such the Member’s Capital Commitment within ten twenty (1020) days after written notice from any the other Member (the “Default Date”) that such the payment is overdue, each of the other MembersMember, in its sole discretion, shall have the right to pursue one or more of the following remedies on behalf of the Company, and at Company if the Company’s expense, if such failure has not been cured in full within such tenthe twenty-day period:
Appears in 1 contract
Samples: Limited Liability Company Agreement (MONROE CAPITAL Corp)