Common use of Other Transfers of Unfunded Capital Commitments Clause in Contracts

Other Transfers of Unfunded Capital Commitments. None of the Borrowers shall, nor shall any Borrower permit any of the General Partners to, permit Investor Capital Contributions to be made to any other Affiliate of a Credit Party that is not a Pledgor or a Borrower hereunder or directly to any Fund Investment, unless such Affiliate has executed documentation to the satisfaction of the Administrative Agent providing a first priority security interest (subject to Permitted Liens) in such transferred Investor Capital Commitments ultimately to the Administrative Agent for the benefit of the Secured Parties.

Other Transfers of Unfunded Capital Commitments. None of the Borrowers shall, nor shall any Borrower permit any of the General Partners to, permit cause Investor Capital Contributions to be made to any other Affiliate of a Credit Party Borrower that is not a Pledgor or a Borrower hereunder or directly to any Fund Investment, unless such Affiliate has executed documentation to the satisfaction of the Administrative Agent providing a first priority security interest (subject to Permitted Liens) in such transferred Investor Capital Commitments ultimately to the Administrative Agent for the benefit of the Secured Parties.

Other Transfers of Unfunded Capital Commitments. None of the Borrowers shall, nor shall any Borrower permit any of the General Partners to, permit Investor Capital Contributions to be made to any other Affiliate of a Credit Party Borrower that is not a Pledgor or a Borrower hereunder or directly to any Fund Investment, unless such Affiliate has executed documentation to the satisfaction of the Administrative Agent providing a first priority security interest (subject to Permitted Liens) in such transferred Investor Capital Commitments ultimately to the Administrative Agent for the benefit of the Secured Parties.