Ownership of the Buyer. The Seller owns, directly or indirectly, 100% of the membership interests of the Buyer free and clear of any Lien (other than Permitted Liens and any other Liens approved in writing by the Administrative Agent in its sole discretion). Such membership interests are validly issued, and there are no options, warrants or other rights to acquire membership interests of the Buyer.
Appears in 2 contracts
Samples: Sale and Contribution Agreement (Investcorp Credit Management BDC, Inc.), Sale and Contribution Agreement (First Eagle Credit Opportunities Fund)
Ownership of the Buyer. The Seller owns, directly or indirectly, 100% of the membership interests of the Buyer Buyer, free and clear of any Lien (other than Permitted Liens and any other Liens approved in writing by the Administrative Agent in its sole discretion)Lien. Such membership interests are validly issued, fully paid and non-assessable, and there are no options, warrants or other rights to acquire membership interests of the Buyer.
Appears in 2 contracts
Samples: Purchase and Contribution Agreement (Main Street Capital CORP), Purchase and Sale Agreement (Ares Capital Corp)
Ownership of the Buyer. The Seller owns, directly or indirectly, 100% of the membership interests of the Buyer Buyer, free and clear of any Lien (other than Permitted Liens and any other Liens approved in writing by the Administrative Agent in its sole discretion)Lien. Such membership interests are validly issued, fully paid and non–assessable, and there are no options, warrants or other rights to acquire membership interests of the Buyer.
Appears in 1 contract
Samples: Purchase and Contribution Agreement (NewStar Financial, Inc.)
