Negative Covenant of the Equityholder and the Collateral Manager. The Equityholder and the Collateral Manager each covenants and agrees that, until the Final Maturity Date (and thereafter until the date that all Obligations have been Paid in Full), it shall not enter into or suffer to exist or permit to become effective any agreement that prohibits, limits or imposes any material condition upon its ability to perform its obligations under the Facility Documents to which it is a party.
Appears in 4 contracts
Samples: Credit and Security Agreement (Cim Real Estate Finance Trust, Inc.), Credit and Security Agreement (Cim Real Estate Finance Trust, Inc.), Credit and Security Agreement (CION Investment Corp)
Negative Covenant of the Equityholder and the Collateral Manager. The Equityholder Collateral Manager, on behalf of itself and the Collateral Manager each Equityholder, covenants and agrees that, until the Final Maturity Date (and thereafter until the date that all Obligations have been Paid in Full), it shall not enter into or suffer to exist or permit to become effective any agreement that prohibits, limits or imposes any material condition upon its ability to perform its obligations under the Facility Documents to which it is a party.
Appears in 4 contracts
Samples: Credit and Security Agreement (Apollo Debt Solutions BDC), Credit and Security Agreement (Apollo Debt Solutions BDC), Credit and Security Agreement (Blackstone Private Credit Fund)
Negative Covenant of the Equityholder and the Collateral Manager. The Equityholder Collateral Manager and the Collateral Manager Equityholder, each on behalf of itself, covenants and agrees that, until the Final Maturity Date (and thereafter until the date that all Obligations have been Paid in Full), it shall not enter into or suffer to exist or permit to become effective any agreement that prohibits, limits or imposes any material condition upon its ability to perform its obligations under the Facility Documents to which it is a party.
Appears in 2 contracts
Samples: Credit and Security Agreement (Diameter Credit Co), Credit and Security Agreement (Diameter Credit Co)