Investor Default. At all times when an Event of Default has occurred and is continuing and any Investor has failed to fund any Capital Contribution when due or otherwise defaulted on any of its obligations to any Credit Party, then each Credit Party shall exercise its available remedies as to such Investor only with the written consent of the Administrative Agent, at the direction of the Required Lenders.
Appears in 2 contracts
Samples: Revolving Credit Agreement (Crescent Capital BDC, Inc.), Revolving Credit Agreement (Crescent Capital BDC, Inc.)
Investor Default. At all times when an Event of Default has occurred and is continuing and any Investor has failed to fund any Capital Contribution when due or otherwise defaulted on any of its obligations to any Credit Borrower Party, then each Credit such Borrower Party shall exercise its available remedies as to such Investor only with the written consent of the Administrative Agent, at the direction of the Required LendersLender.
Appears in 1 contract
Samples: Revolving Credit and Security Agreement (Stellus Private Credit BDC)
Investor Default. At all times when an Event of Default has occurred and is continuing and any Investor (including any Specified Investor) has failed to fund any Capital Contribution when due or otherwise defaulted on any of its obligations to any such Credit Party, then each such Credit Party shall exercise its available remedies as to such Investor only with the written consent of the Administrative Agent, at the direction of the Required Lenders.
Appears in 1 contract
Samples: Revolving Credit Agreement (AGL Private Credit Income Fund)
Investor Default. At all times when an Event of Default has occurred and is continuing and any Investor has failed to fund any Capital Contribution when due or otherwise defaulted on any of its obligations to any Credit Party, then each such Credit Party shall exercise its available remedies as to such Investor only with the written consent of the Administrative Agent, at the direction of the Required Lenders, except that such Credit Party (or its general partner) may issue any overdue notice necessary to commence any cure or grace period under the applicable Constituent Documents.
Appears in 1 contract
Samples: Revolving Credit Agreement (BlackRock Direct Lending Corp.)
Investor Default. At all times when an Event of Default has occurred and is continuing and In the event that any Investor has failed fails to fund any Capital Contribution pursuant to a Capital Call when due or otherwise defaulted defaults on any of its obligations to any Credit Party, then each during the continuance of an Event of Default, such Credit Party shall exercise any discretion it may have with respect to its available remedies as to such Investor only with the written consent of the Administrative Agent, at the direction of the Required Lenders.
Appears in 1 contract
Samples: Revolving Credit Agreement (Lord Abbett Private Credit Fund)
Investor Default. At all times when an Event of Default has occurred and is continuing and any Obligations remain outstanding and any Investor has failed to fund any Capital Contribution when due or otherwise defaulted on any of its obligations to any Credit Party, then each such Credit Party shall exercise its available remedies as to such Investor only with the written consent of the Administrative Agent, at the direction of the Required Lenders.
Appears in 1 contract
Samples: Revolving Credit Agreement (AG Twin Brook BDC, Inc.)
Investor Default. At all times when an Event of Default has occurred and is continuing and any Investor has failed to fund any Capital Contribution when due or otherwise defaulted on any of its obligations to any Credit Borrower Party, then each Credit such Borrower Party shall exercise its available remedies as under the Operating Agreement or applicable Subscription Agreement with respect to such Investor only with the written consent of the Administrative Agent, at the direction of the Required Lenders.
Appears in 1 contract
Samples: Revolving Credit Agreement (TCW Direct Lending VIII LLC)