Common use of Obligors’ Net Worth Test Clause in Contracts

Obligors’ Net Worth Test. The Borrower will not permit the Obligors’ Net Worth to be less than $175,000,000 at any time.

Appears in 8 contracts

Samples: Term Loan Credit Agreement (Medley Capital Corp), Senior Secured Revolving Credit Agreement (Medley Capital Corp), Senior Secured Revolving Credit Agreement (Medley Capital Corp)

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Obligors’ Net Worth Test. The Borrower will not permit the Obligors’ Net Worth to be less than $175,000,000 at any time200,000,000.

Appears in 2 contracts

Samples: Senior Secured Revolving Credit Agreement (Capital Southwest Corp), Secured Revolving Credit Agreement (Capital Southwest Corp)

Obligors’ Net Worth Test. The Borrower will not permit the Obligors’ Net Worth to be less than $175,000,000 35,000,000 at any time.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Sierra Income Corp), Senior Secured (Sierra Income Corp)

Obligors’ Net Worth Test. The Borrower will not permit the Obligors’ Net Worth to be less than $175,000,000 175,000,000400,000,000 at any time.

Appears in 2 contracts

Samples: Senior Secured Revolving Credit Agreement (Medley Capital Corp), Senior Secured Term Loan Credit Agreement (Medley Capital Corp)

Obligors’ Net Worth Test. The Borrower will not permit the Obligors’ Net Worth to be less than $175,000,000 at any time350,000,000.

Appears in 2 contracts

Samples: Senior Secured (THL Credit, Inc.), Senior Secured (THL Credit, Inc.)

Obligors’ Net Worth Test. The Borrower will not permit the Obligors’ Net Worth to be less than $175,000,000 200,000,000 at any time.

Appears in 2 contracts

Samples: Secured Revolving Credit Agreement (Sierra Income Corp), Senior Secured (Sierra Income Corp)

Obligors’ Net Worth Test. The Borrower will not permit the Obligors’ Net Worth to be less than $175,000,000 400,000,000 at any time.. 107

Appears in 1 contract

Samples: Senior Secured Revolving Credit Agreement (Medley Capital Corp)

Obligors’ Net Worth Test. The Borrower will not permit the Obligors’ Net Worth to be less than $175,000,000 at any time17540,000,000.

Appears in 1 contract

Samples: Secured Revolving Credit Agreement (THL Credit, Inc.)

Obligors’ Net Worth Test. The Borrower will not permit the Obligors’ Net Worth to be less than $175,000,000 at any time130,000,000.

Appears in 1 contract

Samples: Senior Secured (First Eagle Alternative Capital BDC, Inc.)

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Obligors’ Net Worth Test. The Borrower will not permit the Obligors’ Net Worth to be less than $175,000,000 at any time180,000,000. SECTION 6.08.

Appears in 1 contract

Samples: Secured Revolving Credit Agreement (Capital Southwest Corp)

Obligors’ Net Worth Test. The Borrower will not permit the Obligors’ Net Worth to be less than $175,000,000 at any time2715,000,000.

Appears in 1 contract

Samples: Pledge and Security Agreement (THL Credit, Inc.)

Obligors’ Net Worth Test. The Borrower will not permit the Obligors’ Net Worth to be less than $175,000,000 at any time275,000,000.

Appears in 1 contract

Samples: Senior Secured (THL Credit, Inc.)

Obligors’ Net Worth Test. The Borrower will not permit the Obligors’ Net Worth to be less than $175,000,000 at any time300,000,000.

Appears in 1 contract

Samples: Senior Secured Revolving Credit Agreement (Capital Southwest Corp)

Obligors’ Net Worth Test. The Borrower will not permit the Obligors’ Net Worth to be less than $175,000,000 400,000,000 at any time.

Appears in 1 contract

Samples: Senior Secured Term Loan Credit Agreement (Medley Capital Corp)

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