Common use of Lien Release Clause in Contracts

Lien Release. Evidence satisfactory to the Administrative Agent in its sole discretion of the release of Loan Obligations owned or to be acquired by the Borrower f rom any existing Lien.

Appears in 2 contracts

Sources: Credit Agreement (New Mountain Private Credit Fund), Credit Agreement (New Mountain Guardian III BDC, L.L.C.)

Lien Release. Evidence satisfactory to the Administrative Agent in its sole discretion of the release of Loan Obligations owned or to be acquired by the Borrower f rom from any existing Lien.

Appears in 2 contracts

Sources: Credit Agreement (Kennedy Lewis Capital Co), Credit Agreement (Kennedy Lewis Capital Co)

Lien Release. Evidence satisfactory to the Administrative Agent in its sole discretion of the release of Loan Obligations owned or to be acquired by the Borrower f rom from any existing Lien.

Appears in 1 contract

Sources: First Amendment to First Amended and Restated Credit Agreement (New Mountain Private Credit Fund)