Minimum Uncalled Capital Coverage Level Sample Clauses

Minimum Uncalled Capital Coverage Level. The applicable Borrower shall elect (i) on a quarterly basis and (ii) in connection with any Proposed Asset Transfer pursuant to Section 9.20 (in each case, unless otherwise consented to by Administrative Agent in its sole discretion) the Minimum Uncalled Capital Coverage Level, provided, however, in the absence of an election by the applicable Borrower, the Minimum Uncalled Capital Coverage Level shall be the Uncalled Capital Borrowing Base.