Common use of Drawdown Purchases Clause in Contracts

Drawdown Purchases. On each Drawdown Date (as defined below), the Subscriber shall purchase from the Company, and the Company shall issue to the Subscriber, a number of Shares equal to the Drawdown Share Amount at an aggregate price equal to the Drawdown Purchase Price; provided, however, that in no circumstance will a Subscriber be required to purchase Shares for an amount in excess of its Unfunded Capital Commitment.

Appears in 2 contracts

Samples: Subscription Agreement (Overland Advantage), Subscription Agreement (Stone Point Capital Credit LLC)

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Drawdown Purchases. On each Drawdown Date (as defined belowin Section 4.2), the Subscriber shall purchase from the CompanyFund, and the Company Fund shall issue to the Subscriber, a number of Shares equal to the Drawdown Share Amount at an aggregate price equal to the applicable Drawdown Purchase Price; provided, however, that in no circumstance will a Subscriber be required to purchase Shares for an amount in excess of its Unfunded Capital Commitment.

Appears in 1 contract

Samples: Subscription Agreement (Comvest Credit Partners BDC Fund, L.P.)

Drawdown Purchases. On each Drawdown Date (as defined below), the Subscriber shall purchase from the Company, and the Company shall issue to the Subscriber, a number of Shares equal to the Drawdown Share Amount at an aggregate price equal to the Drawdown Purchase PricePrice (a “Drawdown”); provided, however, that in no circumstance will a Subscriber be required to purchase Shares for an amount in excess of its Unfunded Capital Commitment.

Appears in 1 contract

Samples: Subscription Agreement (Overland Advantage)

Drawdown Purchases. On each Drawdown Date (as defined below), the Subscriber shall purchase from the Company, and the Company shall issue to the Subscriber, a number of Shares equal to the Drawdown Share Amount at an aggregate price equal to the Drawdown Purchase Price; provided, however, that in no circumstance will a Subscriber be required to purchase Shares for an amount in excess of its Unfunded Capital CommitmentCommitment (each such purchase, a “Drawdown Purchase”).

Appears in 1 contract

Samples: Subscription Agreement (AGL Private Credit Income Fund LP)

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Drawdown Purchases. On each Drawdown Date (as defined belowin Section 4.2), the Subscriber shall purchase from the CompanyFund, and the Company Fund shall issue to the Subscriber, a number of Shares equal to the its Drawdown Share Amount (as defined below) at an aggregate price equal to the applicable Drawdown Purchase Price; provided, however, that in no circumstance will a Subscriber be required to purchase Shares for an amount in excess of its Unfunded Capital CommitmentCommitment (as defined below).

Appears in 1 contract

Samples: Subscription Agreement (Stone Point Credit Income Fund)

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