Common use of Extraordinary Receipts Clause in Contracts

Extraordinary Receipts. In the event that any Obligor shall receive any Extraordinary Receipts at any time after the Availability Period, the Borrower shall, no later than the third Business Day following the receipt of such Extraordinary Receipts, prepay the Loans in an amount equal to such Extraordinary Receipts (and the Commitments shall be permanently reduced by such amount).

Appears in 6 contracts

Samples: Secured Revolving Credit Agreement (Fifth Street Finance Corp.), Senior Secured Revolving Credit Agreement (Fifth Street Finance Corp), Senior Secured Revolving Credit Agreement (Fifth Street Finance Corp)

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Extraordinary Receipts. In the event that any Obligor shall receive Borrower receives any Extraordinary Receipts at any time after the Availability PeriodReceipts, the Borrower shallwill, no later than the third Business Day following the receipt of such excess Extraordinary Receipts, prepay the Loans in an amount equal to such excess Extraordinary Receipts (and the Commitments shall of all Lenders will be permanently reduced by such amount).

Appears in 2 contracts

Samples: Senior Secured Revolving Credit Agreement (Lafayette Square USA, Inc.), Senior Secured (Lafayette Square USA, Inc.)

Extraordinary Receipts. In the event that any Obligor shall receive any Extraordinary Receipts at any time after the Availability PeriodCommitment Termination Date, the Borrower shall, no later than the third Business Day following the receipt of such Extraordinary Receipts, prepay the Loans in an amount equal to such Extraordinary Receipts Receipts. (and the Commitments shall be permanently reduced by such amountiii).

Appears in 1 contract

Samples: www.sec.gov

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Extraordinary Receipts. In the event that any Obligor shall receive any Extraordinary Receipts at any time after the Availability PeriodCommitment Termination Date, the Borrower shall, no later than the third Business Day following the receipt of such Extraordinary Receipts, prepay the Loans in an amount equal to such Extraordinary Receipts (and the Commitments shall be permanently reduced by such amount)Receipts.

Appears in 1 contract

Samples: Secured Revolving Credit Agreement (Resource Capital Corp.)

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