Ownership of Subsidiaries. The Borrower will, and will cause each of its Significant Subsidiaries to, take such action from time to time as shall be necessary to ensure that each of its Significant Subsidiaries is a wholly owned Subsidiary (other than any Subsidiary that is an Excluded Asset); provided that the foregoing shall not prohibit any transaction permitted under Section 6.03 or 6.04, so long as immediately after giving effect to such permitted transaction each of the remaining Significant Subsidiaries is a wholly owned Subsidiary.
Appears in 29 contracts
Samples: Senior Secured Credit Agreement (Blue Owl Technology Finance Corp.), Senior Secured Revolving Credit Agreement (Goldman Sachs Middle Market Lending Corp. II), Senior Secured Credit Agreement (Blue Owl Technology Finance Corp. II)
Ownership of Subsidiaries. The Borrower will, and will cause each of its Significant Subsidiaries to, take such action from time to time as shall be necessary to ensure that each of its Significant Subsidiaries is a wholly owned Subsidiary (other than any Subsidiary that is an Excluded Asset)Subsidiary; provided that the foregoing shall not prohibit any transaction permitted under Section Sections 6.03 or 6.04, so long as immediately after giving effect to such permitted transaction each of the remaining Significant Subsidiaries is a wholly owned Subsidiary.
Appears in 19 contracts
Samples: Secured Revolving Credit Agreement (FS Investment CORP), Senior Secured (Sierra Income Corp), Secured Revolving Credit Agreement (FS Energy & Power Fund)
Ownership of Subsidiaries. The Borrower will, and will cause each of its Significant Subsidiaries to, take such action from time to time as shall be necessary to ensure that each of its Significant Subsidiaries is a direct or indirect wholly owned Subsidiary (other than any Subsidiary that is an Excluded Asset)Subsidiary; provided that the foregoing shall not prohibit any transaction permitted under Section 6.03 or 6.04, so long as immediately after giving effect to such permitted transaction each of the remaining Significant Subsidiaries is a direct or indirect wholly owned Subsidiary.
Appears in 15 contracts
Samples: Revolving Credit Agreement (Oaktree Strategic Credit Fund), Revolving Credit Agreement (Oaktree Specialty Lending Corp), Secured Revolving Credit Agreement (Barings BDC, Inc.)
Ownership of Subsidiaries. The Borrower will, and will cause each of its Significant Subsidiaries to, take such action from time to time as shall be necessary to ensure that each of its Significant Subsidiaries is a wholly owned Subsidiary (other than any Subsidiary that is an Excluded Asset)Subsidiary; provided that the foregoing shall not prohibit any transaction permitted under Section 6.03 Sections 6.03(a), (b), (c), (f) or 6.04(i), so long as immediately after giving effect to such permitted transaction each of the remaining Significant Subsidiaries is a wholly owned Subsidiary.
Appears in 6 contracts
Samples: Credit Agreement (FIDUS INVESTMENT Corp), Senior Secured (FIDUS INVESTMENT Corp), Secured Revolving Credit Agreement (FIDUS INVESTMENT Corp)
Ownership of Subsidiaries. The Borrower will, and will cause each of its Significant Subsidiaries Subsidiary to, take such action from time to time as shall be necessary to ensure that each of its Significant Subsidiaries Subsidiary is a wholly owned Subsidiary (other than any Subsidiary that is an Excluded Asset)Subsidiary; provided provided, that the foregoing shall not prohibit any transaction transactions permitted under Section 6.03 or 6.04, so long as immediately after giving effect to such permitted transaction transaction, each of the remaining Significant Subsidiaries of the Borrower is a wholly wholly-owned Subsidiary.
Appears in 5 contracts
Samples: Senior Secured Revolving Credit Agreement (North Haven Private Income Fund a LLC), Revolving Credit Agreement (Morgan Stanley Direct Lending Fund), Secured Revolving Credit Agreement (Morgan Stanley Direct Lending Fund)
Ownership of Subsidiaries. The Such Borrower will, and will cause each of its Significant Subsidiaries to, take such action from time to time as shall be necessary to ensure that each of its Significant Subsidiaries is a wholly owned Subsidiary (other than any Subsidiary that is an Excluded Asset); Subsidiary, provided that the foregoing shall not prohibit any transaction permitted under Section 6.03 or 6.04, so long as immediately after giving effect to such permitted transaction each of the remaining Significant Subsidiaries of such Borrower is a wholly owned Subsidiary.
Appears in 4 contracts
Samples: Senior Secured (FS Investment Corp III), Senior Secured (FS Investment Corp II), Senior Secured Revolving Credit Agreement (Corporate Capital Trust, Inc.)
Ownership of Subsidiaries. The Borrower will, and will cause each of its Significant Subsidiaries to, take such action from time to time as shall be necessary to ensure that each of its Significant Subsidiaries is a wholly owned Subsidiary (other than any Subsidiary that is an Excluded AssetSubsidiary); provided that the foregoing shall not prohibit any transaction permitted under Section 6.03 or 6.04, 6.04 so long as immediately after giving effect to such permitted transaction each of the remaining Significant Subsidiaries of the Borrower is a wholly wholly-owned Subsidiary.
Appears in 3 contracts
Samples: Senior Secured Credit Agreement (FS Energy & Power Fund), Senior Secured Credit Agreement (FS Energy & Power Fund), Senior Secured Credit Agreement (FS Energy & Power Fund)
Ownership of Subsidiaries. The Borrower will, and will cause each of its Significant Subsidiaries to, take such action from time to time as shall be necessary to ensure that each of its Significant Subsidiaries such Subsidiary is a wholly wholly-owned Subsidiary (other than any Subsidiary that is an Excluded Asset)Subsidiary; provided that the foregoing shall not prohibit any transaction permitted under Section 6.03 or 6.04, so long as immediately after giving effect to such permitted transaction each of the remaining Significant Subsidiaries of the Borrower is a wholly wholly-owned Subsidiary.
Appears in 3 contracts
Samples: Credit Agreement (AB Private Lending Fund), Credit Agreement (Prospect Floating Rate & Alternative Income Fund, Inc.), Assignment and Assumption (Barings Private Credit Corp)
Ownership of Subsidiaries. The Except to the extent otherwise permitted under Section 6.03, the Borrower will, and will cause each of its Significant Subsidiaries to, take such action from time to time as shall be necessary to ensure that each of its Significant Subsidiaries is a wholly owned Subsidiary (other than any Subsidiary that is an Excluded Asset); provided that the foregoing shall not prohibit any transaction permitted under Section 6.03 or 6.04, so long as immediately after giving effect to such permitted transaction each of the remaining Significant Subsidiaries is a wholly owned Subsidiary.
Appears in 3 contracts
Samples: Senior Secured Revolving Credit Agreement and Guarantee and Security Agreement (Crescent Capital BDC, Inc.), Secured Revolving Credit Agreement (Crescent Capital BDC, Inc.), Revolving Credit Agreement (Crescent Capital BDC, Inc.)
Ownership of Subsidiaries. The Borrower will, and will cause each of its Significant Subsidiaries to, take such action from time to time as shall be necessary to ensure that each of its Significant Subsidiaries is a direct or indirect wholly owned Subsidiary (other than any Subsidiary that is an Excluded Asset)Subsidiary; provided that the foregoing shall not prohibit any transaction permitted under Section 6.03 or 6.04, so long as immediately after giving effect to such permitted transaction each of the remaining Significant Subsidiaries is a direct or indirect wholly owned Subsidiary.. (c)
Appears in 2 contracts
Samples: Credit Agreement (Oaktree Specialty Lending Corp), Secured Revolving Credit Agreement (Barings BDC, Inc.)
Ownership of Subsidiaries. The Borrower will, and will cause each of its Significant Subsidiaries to, take such action from time to time as shall be necessary to ensure that each of its Significant Subsidiaries is a wholly owned Subsidiary (other than any Subsidiary that is an Excluded Asset)Subsidiary.; provided that the foregoing shall not prohibit any transaction permitted under Section 6.03 Sections 6.03(a), (b), (c), (f) or 6.04(i), so long as immediately after giving effect to such permitted transaction each of the remaining Significant Subsidiaries is a wholly owned Subsidiary.
Appears in 2 contracts
Samples: Secured Revolving Credit Agreement (THL Credit, Inc.), Secured Term Loan Credit Agreement (THL Credit, Inc.)
Ownership of Subsidiaries. The Borrower will, and will cause each of its Significant Subsidiaries to, take such action from time to time as shall be necessary to ensure that each of its Significant Subsidiaries is a wholly owned Subsidiary (other than any Subsidiary that is an Excluded Asset)Subsidiary; provided that the foregoing shall not prohibit any transaction permitted under Section 6.03 or 6.04, so long as immediately after giving effect to such permitted transaction each of the remaining Significant Subsidiaries of the Borrower is a wholly wholly-owned Subsidiary.
Appears in 2 contracts
Samples: Secured Revolving Credit Agreement (Owl Rock Technology Finance Corp.), Secured Revolving Credit Agreement (Owl Rock Capital Corp)
Ownership of Subsidiaries. The Borrower will, and will cause each of its Significant Subsidiaries to, take such action from time to time as shall be necessary to ensure that each of its Significant Subsidiaries is a wholly owned Subsidiary (other than any Subsidiary that is an Excluded Asset)) is a wholly owned Subsidiary; provided that the foregoing shall not prohibit any transaction permitted under Section 6.03 or 6.04, so long as immediately after giving effect to such permitted transaction each of the remaining Significant Subsidiaries (other than any Subsidiary that is an Excluded Asset) of the Borrower is a wholly wholly-owned Subsidiary.
Appears in 1 contract
Samples: Revolving Credit Agreement (Bain Capital Private Credit)
Ownership of Subsidiaries. The Borrower will, and will cause each of its Significant Subsidiaries (other than Immaterial Subsidiaries) to, take such action from time to time as shall be necessary to ensure that each of its Significant Subsidiaries such Subsidiary is a wholly wholly-owned Subsidiary (other than any Subsidiary that is an Excluded Asset)Subsidiary; provided that the foregoing shall not prohibit any transaction permitted under Section 6.03 or 6.04, so long as immediately after giving effect to such permitted transaction each of the remaining Significant Subsidiaries of the Borrower is a wholly wholly-owned Subsidiary.. (c)
Appears in 1 contract
Samples: Secured Revolving Credit Agreement (Nuveen Churchill Direct Lending Corp.)
Ownership of Subsidiaries. The Borrower will, and will cause each of its Significant Subsidiaries to, take such action from time to time as shall be necessary to ensure that 113 each of its Significant Subsidiaries is a wholly owned Subsidiary (other than any Subsidiary that is an Excluded Asset)) is a wholly owned Subsidiary; provided that the foregoing shall not prohibit any transaction permitted under Section 6.03 or 6.04, so long as immediately after giving effect to such permitted transaction each of the remaining Significant Subsidiaries (other than any Subsidiary that is an Excluded Asset) of the Borrower is a wholly wholly-owned Subsidiary.
Appears in 1 contract
Samples: Secured Revolving Credit Agreement (Bain Capital Private Credit)
Ownership of Subsidiaries. The Borrower will, and will cause each of its Significant Subsidiaries (other than Immaterial Subsidiaries) to, take such action from time to time as shall be necessary to ensure that each of its Significant Subsidiaries such Subsidiary is a wholly wholly-owned Subsidiary (other than any Subsidiary that is an Excluded Asset)Subsidiary; provided that the foregoing shall not prohibit any transaction permitted under Section 6.03 or 6.04, so long as immediately after giving effect to such permitted transaction each of the remaining Significant Subsidiaries of the Borrower is a wholly wholly- owned Subsidiary.. (c)
Appears in 1 contract
Samples: Secured Revolving Credit Agreement (Nuveen Churchill Direct Lending Corp.)
Ownership of Subsidiaries. The Borrower will, and will cause each of its Significant Subsidiaries to, take such action from time to time as shall be necessary to ensure that each of its Significant Subsidiaries is a wholly owned Subsidiary (other than any Subsidiary that is an Excluded Asset)Subsidiary; provided that the foregoing shall not prohibit any transaction permitted under Section 6.03 or 6.04, so long as immediately after giving effect to such permitted transaction each of the remaining Significant Subsidiaries is a direct or indirect wholly owned Subsidiary.
Appears in 1 contract
Samples: Senior Secured Revolving Credit Agreement (Monroe Capital Income Plus Corp)
Ownership of Subsidiaries. The Borrower will, and will cause each of its Significant Subsidiaries to, take such action from time to time as shall be necessary to ensure that each of its Significant Subsidiaries is a wholly owned Subsidiary (other than any Subsidiary that is an Excluded Asset); provided that the foregoing shall not prohibit any transaction permitted under Section 6.03 or 6.04, so long as immediately after giving effect to such permitted transaction each of the remaining Significant Subsidiaries is a wholly owned Subsidiary.
Appears in 1 contract
Samples: Senior Secured Credit Agreement (Blackstone / GSO Secured Lending Fund)
