Investment and Valuation Policies. The Borrower shall promptly advise the Lenders and the Administrative Agent of any material change in either its Investment Policies or Valuation Policy.
Investment and Valuation Policies. The Borrower shall at all times be in compliance in all material respects with its Investment Policies (after giving effect to any Permitted Policy Amendments) and Valuation Policy. The Borrower shall promptly advise the Lenders and the Administrative Agent of any material change in either its Investment Policies or Valuation Policy.
Investment and Valuation Policies. Borrower will (a) comply in all material respects with the Investment and Valuation Policies in regard to each Portfolio Investment, and in regard to compliance with Transaction Documents, including determinations with respect to the enforcement of its rights thereunder, and (b) furnish to the Agent, at least 20 days prior to its proposed effective date, prompt notice of any material changes in the Investment and Valuation Policies. Borrower will not agree or otherwise permit to occur any material change in the Investment and Valuation Policies, which change would impair the collectibility of any Portfolio Investment or otherwise adversely affect the interests or remedies of the Agent or the Lenders under this Agreement or any other Transaction Document, without the prior written consent of the Agent and the Required Lenders (in the sole discretion of each such Lender; provided, that each Lender shall respond within 10 days following their receipt of any request for approval (as confirmed by such Lender via return e-mail), and any response not given within such 10 day period shall be deemed to be a consent to such request).
Investment and Valuation Policies. Borrower will (a) comply in all material respects with the Investment and Valuation Policies in regard to each Portfolio Investment, and in regard to compliance with Transaction Documents, including determinations with respect to the enforcement of its rights thereunder, and (b) furnish to the Agent, at least 20 days prior to its proposed effective date, prompt notice of any material changes in the Investment and Valuation Policies. Borrower shall not make any changes to its Investment and Valuation Policies except with the approval of its Valuation Committee, Audit Committee and Board of Directors.
Investment and Valuation Policies
