Common use of Industry Classification Groups Clause in Contracts

Industry Classification Groups. For purposes of this Agreement, the Borrower shall assign each Portfolio Investment to an Industry Classification Group as reasonably determined by the Borrower. To the extent that the Borrower reasonably determines any Eligible Investment is not correlated with the risks of other Eligible Investments in an Industry Classification Group, such Eligible Investment may be assigned by the Borrower to an Industry Classification Group that is more closely correlated to such Eligible Investment. In the absence of any correlation, the Borrower shall be permitted, upon notice to the Administrative Agent for distribution to each Lender, to create additional industry classification groups for the purposes of this Agreement; provided, that no more than three newly created additional industry classification groups shall be in active use at any time.

Industry Classification Groups. For purposes of this Agreement, the Borrower shall assign each Eligible Portfolio Investment to an Industry Classification Group as reasonably determined by the Borrower. To the extent that the Borrower reasonably determines that any Eligible Portfolio Investment is not adequately correlated with the risks of other Eligible Portfolio Investments in an Industry Classification Group, such Eligible Portfolio Investment may be assigned by the Borrower to an Industry Classification Group that is more closely correlated to such Eligible Portfolio Investment. In the absence of any adequate correlation, the Borrower shall be permitted, upon notice to the Administrative Agent for distribution to each Lender, Lender to create up to three additional industry classification groups for the purposes of this Agreement; provided, that no more than three newly created additional industry classification groups shall be in active use at any time.

Industry Classification Groups. For purposes of this Agreement, the Borrower shall assign each Eligible Portfolio Investment to an Industry Classification Group as reasonably determined by the Borrower. To the extent that the Borrower reasonably determines that any Eligible Portfolio Investment is not correlated with the risks of other Eligible Portfolio Investments in an Industry Classification Group, such Eligible Portfolio Investment may be assigned by the Borrower to an Industry Classification Group that is more closely correlated to such Eligible Portfolio Investment. In the absence of any adequate correlation, the Borrower shall be permittedpermitted to, upon notice to the Administrative Agent for distribution to each Lender, create up to create three additional industry classification groups for the purposes of this Agreement; provided, provided that no more than three newly created different additional industry classification groups shall may be in active use at any time.created pursuant to this paragraph (a). 107

Industry Classification Groups. For purposes of this Agreement, the Borrower shall assign each Eligible 109 Portfolio Investment to an Industry Classification Group as reasonably determined by the Borrower. To the extent that the Borrower reasonably determines that any Eligible Portfolio Investment is not correlated with the risks of other Eligible Portfolio Investments in an Industry Classification Group, such Eligible Portfolio Investment may be assigned by the Borrower to an Industry Classification Group that is more closely correlated to such Eligible Portfolio Investment. In the absence of any adequate correlation, the Borrower shall be permittedpermitted to, upon notice to the Administrative Agent for distribution to each Lender, create up to create three additional industry classification groups for the purposes of this Agreement; provided, provided that no more than three newly created different additional industry classification groups shall may be in active use at any timecreated pursuant to this paragraph (a).