Common use of Excess Concentration Loans Clause in Contracts

Excess Concentration Loans. The Borrower may direct the Collateral Agent in writing to sell any Excess Concentration Loan at any time during or after the Reinvestment Period and shall specify in writing to the Collateral Agent and the Facility Agent the amount of proceeds of any such sale.

Appears in 3 contracts

Samples: Credit and Security Agreement (WhiteHorse Finance, Inc.), Credit and Security Agreement (WhiteHorse Finance, Inc.), Revolving Credit and Security Agreement (WhiteHorse Finance, LLC)

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Excess Concentration Loans. The Borrower may direct the Collateral Agent in writing to sell any Excess Concentration Loan at any time during or after the Reinvestment Period Period, without restriction except, if applicable, as provided in clause (vii) of this Section 2.07(a) and in Section 2.07(b), and shall specify in writing to the Collateral Agent Agent, the Administrative Agent, the Group Agents and the Facility Agent Lenders the amount of proceeds of any such sale.

Appears in 1 contract

Samples: Omnibus Amendment (Blue Owl Technology Finance Corp. II)

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