Internal Review. The Borrower shall conduct internal reviews of all Portfolio Investments at least once each calendar week which shall take into account any events of which the Borrower has knowledge that materially and adversely affect the value of the Portfolio Investments. The lower value of any Portfolio Investment as most recently determined pursuant to this Section 5.12(b)(ii)(C) and pursuant to Section 5.12(b)(ii)(A) and (B) shall be deemed to be the “Value” of such Portfolio Investment for purposes hereof;
Appears in 5 contracts
Samples: Senior Secured Credit Agreement (SLR Investment Corp.), Form Of (SLR Investment Corp.), Senior Secured Credit Agreement (Solar Capital Ltd.)
Internal Review. The Borrower shall conduct internal reviews of all Portfolio Investments at least once each calendar week which shall take into account any events of which the Borrower has knowledge that materially and adversely affect the value of the Portfolio Investments. The lower If the value of any Portfolio Investment as most recently determined by the Borrower pursuant to this Section 5.12(b)(ii)(C) and is lower than the value of such Portfolio Investment as most recently determined pursuant to Section 5.12(b)(ii)(A) and or (B) ), such lower value shall be deemed to be the “Value” of such Portfolio Investment for purposes hereof;.
Appears in 4 contracts
Samples: Revolving Credit Agreement, Guarantee and Security Agreement (TCG Bdc, Inc.), Revolving Credit Agreement (NF Investment Corp.)
Internal Review. The Borrower shall conduct internal reviews of all Portfolio Investments at least once each calendar week month which shall take into account any events of which any Responsible Officer of the Borrower has knowledge that materially and adversely affect the value of the Portfolio Investments. The lower If the value of any Portfolio Investment as most recently determined by the Borrower pursuant to this Section 5.12(b)(ii)(C) and is lower than the value of such Portfolio Investment as most recently determined pursuant to Section 5.12(b)(ii)(A) and (B) ), such lower value shall be deemed to be the “Value” of such Portfolio Investment for purposes hereof;.
Appears in 3 contracts
Samples: Senior Secured Revolving Credit Agreement and Guarantee and Security Agreement (Crescent Capital BDC, Inc.), Secured Revolving Credit Agreement (Crescent Capital BDC, Inc.), Revolving Credit Agreement (Crescent Capital BDC, Inc.)
Internal Review. The Borrower shall conduct internal reviews to determine the value of all Portfolio Investments at least once each calendar week which shall take into account any events of which the Borrower has knowledge that materially and adversely affect the value of any Portfolio Investment (each such value, an “Internal Value”). If the Portfolio Investments. The lower value of any Portfolio Investment as most recently determined by the Borrower pursuant to this Section 5.12(b)(ii)(C) and is lower than the value of such Portfolio Investment as most recently determined pursuant to Section Sections 5.12(b)(ii)(A) and (B) ), such lower value shall be deemed to be the “Value” of such Portfolio Investment for purposes hereof;.
Appears in 2 contracts
Samples: Senior Secured Revolving Credit Agreement (Lafayette Square USA, Inc.), Senior Secured (Lafayette Square USA, Inc.)
Internal Review. The Borrower shall conduct internal reviews of all Portfolio Investments at least once each calendar week which shall take into account any events of which the Borrower has knowledge that materially and adversely affect the value of the Portfolio Investments. The lower If the value of any Portfolio Investment as most recently determined by the Borrower pursuant to this Section 5.12(b)(ii)(C) and is lower than the value of such Portfolio Investment as most recently determined pursuant to Section 5.12(b)(ii)(A) and (B) ), such lower value shall be deemed to be the “Value” of such Portfolio Investment for purposes hereof;
Appears in 2 contracts
Samples: Senior Secured Term Loan Agreement (Solar Capital Ltd.), Senior Secured (Solar Capital Ltd.)
Internal Review. The Borrower shall conduct internal reviews of all Portfolio Investments at least once each calendar week which shall take into account any events of which the Borrower has knowledge that materially and adversely affect the value of the Portfolio Investments. The lower If the value of any Portfolio Investment as most recently determined by the Borrower pursuant to this Section 5.12(b)(ii)(C5.12(b)(ii)(B) and is lower than the value of such Portfolio Investment as most recently determined pursuant to Section 5.12(b)(ii)(A) and (B) ), such lower value shall be deemed to be the “"Value” " of such Portfolio Investment for purposes hereof;
Appears in 1 contract
Samples: Secured Revolving Credit Agreement (BlackRock Kelso Capital CORP)
Internal Review. The Borrower shall conduct internal reviews of all Portfolio Investments at least once each calendar week which shall take into account any events of which the Borrower has knowledge that materially and adversely affect the value of the Portfolio Investments. The lower If the value of any Portfolio Investment as most recently determined by the Borrower pursuant to this Section 5.12(b)(ii)(C5.12(b)(ii)(B) and is lower than the value of such Portfolio Investment as most recently determined pursuant to Section 5.12(b)(ii)(A) and (B) ), such lower value shall be deemed to be the “Value” of such Portfolio Investment for purposes hereof;; Amended and Restated Credit Agreement
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Internal Review. The Borrower shall conduct internal reviews of all Portfolio Investments at least once each calendar week which shall take into account any events of which the Borrower has knowledge that materially and adversely affect the value of the Portfolio Investments. The lower If the value of any 87 Revolving Credit Agreement Portfolio Investment as most recently determined by the Borrower pursuant to this Section 5.12(b)(ii)(C) is lower than the value of such Portfolio Investment as most recently determined pursuant to this Section 5.12(b)(ii)(C) and pursuant to Section 5.12(b)(ii)(A) and or (B) ), such lower value shall be deemed to be the “Value” of such Portfolio Investment for purposes hereof;.
Appears in 1 contract
Internal Review. The Borrower shall conduct internal reviews of all Portfolio Investments at least once each calendar week which shall take into account any events of which the Borrower has knowledge that materially and adversely affect the value of the Portfolio Investments. The lower If the value of any Portfolio Investment as most recently determined by the Borrower pursuant to this Section 5.12(b)(ii)(C5.12(b)(ii)(B) and is lower than the value of such Portfolio Investment as most recently determined pursuant to Section 5.12(b)(ii)(A) and (B) ), such lower value shall be deemed to be the “Value” of such Portfolio Investment for purposes hereof;
Appears in 1 contract
Internal Review. The Borrower shall conduct internal reviews of all Portfolio Investments at least once each calendar week which shall take into account any events of which any Responsible Officer of the Borrower has knowledge that materially and adversely affect the value of the Portfolio Investments. The lower If the value of any Portfolio Investment as most recently determined by the Borrower pursuant to this Section 5.12(b)(ii)(C) and is lower than the value of such Portfolio Investment as most recently determined pursuant to Section 5.12(b)(ii)(A) and (B) ), such lower value shall be deemed to be the “Value” of such Portfolio Investment for purposes hereof;.
Appears in 1 contract
Samples: Credit Agreement (Prospect Floating Rate & Alternative Income Fund, Inc.)
Internal Review. The Borrower Company shall conduct internal reviews of all Portfolio Investments at least once each calendar week which shall take into account any events of which the Borrower Company has knowledge that materially and adversely affect the value of the Portfolio Investments. The lower If the value of any Portfolio Investment as most recently determined by the Company pursuant to this Section 5.12(b)(ii)(C9.11(b)(ii)(B) and is lower than the value of such Portfolio Investment as most recently determined pursuant to Section 5.12(b)(ii)(A) and (B) 9.11(b)(ii)(A), such lower value shall be deemed to be the “Value” of such Portfolio Investment for purposes hereof;
Appears in 1 contract
Samples: Note Purchase Agreement (BlackRock Kelso Capital CORP)