Common use of Industry Classification Groups Clause in Contracts

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 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 correlation, the Borrower shall be permitted, upon notice to the Administrative Agent for distribution to each Lender, to create up to three additional industry classification groups for purposes of this Agreement.

Industry Classification Groups. For purposes of this Agreement, the Borrower shall assign each Eligible Portfolio Investment included in the Borrowing Base to an Industry Classification Group as reasonably determined by the BorrowerGroup. To the extent the Borrower determines that any Eligible Portfolio Investment included in the Borrowing Base 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 most closely correlated to such Eligible Portfolio Investment. In the absence of any adequate correlation, the Borrower shall be permitted, upon prior notice to the Administrative Agent (for distribution to each Lender), to create up to three additional industry classification groups for purposes of this Agreement.

Industry Classification Groups. For purposes of this Agreement, the Borrower shall assign each Eligible Portfolio Investment included in the Borrowing Base to an Industry Classification Group as reasonably determined by the BorrowerGroup. To the extent the Borrower determines that any Eligible Portfolio Investment included in the Borrowing Base 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 prior notice to the Administrative Agent (for the distribution to each Lender), to create up to three additional industry classification groups for purposes of this Agreement.

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 correlation, the Borrower shall be permitted, upon notice to the Administrative Agent for distribution to each Lender, to create up to three additional industry classification groups for purposes of this Agreement.

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 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 purposes of this Agreement.

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 BorrowerGroup. To the extent that any Eligible Portfolio Investment is reasonably determined by the Borrower to not be 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 reasonably determined by the Borrower to be more closely correlated to such Eligible Portfolio Investment. In the absence of any correlationcorrelation with the risks of other Portfolio Investments in any Industry Classification Group, the Borrower shall be permitted, upon prior notice to the Administrative Agent for distribution to each Lender, to create up to three additional industry classification groups Industry Classification Groups for purposes of this Agreement.

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, to create up to three additional industry classification groups for purposes of this Agreement.; provided that no more than three different additional industry classification groups may be created pursuant to this paragraph (a). (b)

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 purposes of this Agreement.

Industry Classification Groups. For purposes of this Agreement, the Borrower Borrower, in its reasonable determination, shall assign each Eligible Portfolio Investment included in the Borrowing Base to an Industry Classification Group as reasonably determined by the BorrowerGroup. To the extent that the Borrower determined 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 prior notice to the Administrative Agent (for distribution to each Lender), to create up to three additional industry classification groups for purposes of this Agreement.