Common use of Investor Default Clause in Contracts

Investor Default. At all times when an Event of Default has occurred and is continuing, if any applicable Investor is delinquent funding a Capital Call or otherwise in breach of any of its obligations to any Borrower, then such Borrower shall exercise its available remedies as to such Investor (other than the delivery of a defaulted payment notice) only with the written consent of Administrative Agent.

Appears in 16 contracts

Samples: Revolving Credit and Security Agreement (Golub Capital Direct Lending Corp), Revolving Credit and Security Agreement (Golub Capital BDC 4, Inc.), Revolving Credit and Security Agreement (Golub Capital BDC 4, Inc.)

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Investor Default. At all times when an Event of Default has occurred and is continuing, if continuing and any applicable Investor is delinquent funding a has failed to fund any Capital Call or otherwise in breach of any of its obligations to any BorrowerContribution when due, then such the applicable Borrower shall exercise its available remedies as to such Investor (other than the delivery of a defaulted payment notice) only with the written consent of the Administrative Agent, at the direction of the Required Lenders.

Appears in 5 contracts

Samples: Revolving Credit Agreement (Barings Capital Investment Corp), Revolving Credit Agreement (AB Private Credit Investors Corp), Credit Agreement (Barings Capital Investment Corp)

Investor Default. At all times when an Event of Default has occurred and is continuing, if continuing and any applicable Investor is delinquent funding a has failed to fund any Capital Call Contribution when due or otherwise in breach of defaulted on any of its obligations to any such Borrower, then such Borrower shall exercise its available remedies as to such Investor (other than the delivery of a defaulted payment notice) only with the written consent of the Administrative Agent, at the direction of the Required Lenders.

Appears in 3 contracts

Samples: Revolving Credit Agreement (Owl Rock Capital Corp III), Revolving Credit Agreement (NMF SLF I, Inc.), Revolving Credit Agreement (Owl Rock Technology Finance Corp.)

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Investor Default. At all times when an Event of Default has occurred and is continuing, if In the event that any applicable Investor is delinquent funding fails to fund any Capital Contribution pursuant to a Capital Call when due or otherwise in breach of defaults on any of its obligations to any Borrower, then such during the continuance of an Event of Default, each Borrower shall exercise any discretion it may have with respect to its available remedies as to such Investor (other than the delivery of a defaulted payment notice) only with the written consent of the Administrative Agent.

Appears in 2 contracts

Samples: Revolving Credit Agreement (MSD Investment Corp.), Revolving Credit Agreement (MSD Investment Corp.)

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