Common use of Payment in Full Clause in Contracts

Payment in Full. On the applicable Purchase Date for each Transferred Asset, the Seller had no actual knowledge of any fact which leads it to expect that any payments on the applicable Transferred Asset will not be paid in full when due or to expect any other material adverse effect on (A) the performance by the Seller of its obligations under this Agreement or any of the Transaction Documents to which it is a party, (B) the validity or enforceability of this Agreement or any of the Transaction Documents to which it is a party, or (C) the Transferred Assets or the interests of the Seller therein.

Appears in 5 contracts

Samples: Sale and Contribution Agreement (HPS Corporate Lending Fund), Sale and Contribution Agreement (HPS Corporate Lending Fund), Sale and Contribution Agreement (FS Investment Corp III)

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Payment in Full. On the applicable Purchase Date for each Transferred Asset, the The Seller had no actual knowledge at the time of Conveyance of a Transferred Asset of any fact which leads it to expect that any payments on the applicable such Transferred Asset will not be paid in full when due or to expect any other material adverse effect on (A) the performance by the Seller of its obligations under this Agreement or any of the Transaction Documents to which it is a party, (B) the validity or enforceability of this Agreement or any of the Transaction Documents to which it is a party, or (C) the Transferred Assets or the interests of the Seller therein.

Appears in 5 contracts

Samples: Sale and Contribution Agreement (Owl Rock Capital Corp III), Sale and Contribution Agreement (FS Global Credit Opportunities Fund-A), Sale and Contribution Agreement (FS Investment Corp III)

Payment in Full. On the applicable Purchase Date for each Transferred Asset, the The Seller had no actual knowledge at the time of Conveyance of a Transferred Asset of any fact which leads it to expect that any payments on the applicable such Transferred Asset will not be paid in full when due or to expect any other material adverse effect on (A) the performance by the Seller of its obligations under this Agreement or any of the Transaction Loan Documents to which it is a party, (B) the validity or enforceability of this Agreement or any of the Transaction Loan Documents to which it is a party, or (C) the Transferred Assets or the interests of the Seller therein.

Appears in 3 contracts

Samples: Sale and Contribution Agreement (Carey Credit Income Fund 2016 T), Sale and Contribution Agreement (FS Investment Corp III), Sale and Contribution Agreement (FS Investment Corp II)

Payment in Full. On the applicable Purchase Date for each Transferred Asset, the The Seller had has no actual knowledge of any fact which leads it or should have led a reasonable person to expect that any payments on the applicable any Transferred Asset at the time of Conveyance will not be paid in full when due or to expect any other material adverse effect on (A) the performance by the Seller of its obligations under this Agreement or any of the Transaction Documents to which it is a partyDocuments, (B) the validity or enforceability of this Agreement or any of the Transaction Documents to which it is a partyDocuments, or (C) the Transferred Assets or the interests of the Seller therein.

Appears in 3 contracts

Samples: Sale and Contribution Agreement (Golub Capital BDC 3, Inc.), Sale and Contribution Agreement (GOLUB CAPITAL INVESTMENT Corp), Sale and Contribution Agreement (Business Development Corp of America)

Payment in Full. On the applicable Purchase Date for each Transferred Asset, the Intermediate Seller had no actual knowledge of any fact which leads it to expect that any payments on the applicable Transferred Asset will not be paid in full when due or to expect any other material adverse effect on (A) the performance by the Intermediate Seller of its obligations under this Agreement or any of the Transaction Documents to which it is a party, (B) the validity or enforceability of this Agreement or any of the Transaction Documents to which it is a party, or (C) the Transferred Assets or the interests of the Intermediate Seller therein.

Appears in 2 contracts

Samples: Sale and Contribution Agreement (HPS Corporate Lending Fund), Sale and Contribution Agreement (HPS Corporate Lending Fund)

Payment in Full. On As of the applicable Purchase Date for each date such Transferred AssetAsset was Conveyed to the Purchaser, the Seller had has no actual knowledge of any fact which leads it to expect that any payments on the applicable any Transferred Asset at the time of Conveyance will not be paid in full when due or to expect any other material adverse effect on (A) the performance by the Seller of its obligations under this Agreement or any of the Transaction Loan Documents to which it is a party, (B) the validity or enforceability of this Agreement or any of the Transaction Loan Documents to which it is a party, or (C) the Transferred Assets or the interests of the Seller therein.

Appears in 2 contracts

Samples: Sale and Contribution Agreement (Blue Owl Capital Corp III), Sale and Contribution Agreement (Owl Rock Core Income Corp.)

Payment in Full. On As of the applicable Purchase Date for each Transferred Assetdate of Conveyance, the Seller had has no actual knowledge of any fact which leads it to expect that any payments on the applicable any Transferred Asset will not be paid in full when due or to expect any other material adverse effect on (Ai) the performance by the Seller of its obligations under this Agreement or any of the Transaction other Loan Documents to which it is a party, (Bii) the validity or enforceability of this Agreement or any of the Transaction other Loan Documents to which it is a party, or (Ciii) the Transferred Assets or the interests of the Seller therein.

Appears in 1 contract

Samples: Sale and Contribution Agreement (Sierra Income Corp)

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Payment in Full. On As of the applicable Purchase Date for each Transferred Assetdate of Conveyance, the Seller had has no actual knowledge of any fact which leads it to expect that any payments on the applicable Transferred Asset Assets at the time of Conveyance will not be paid in full when due or to expect any other material adverse effect on (Ai) the performance by the Seller of its obligations under this Agreement or any of the Transaction other Loan Documents to which it is a party, (Bii) the validity or enforceability of this Agreement or any of the Transaction other Loan Documents to which it is a party, or (Ciii) the Transferred Assets or the interests of the Seller therein.

Appears in 1 contract

Samples: Sale and Contribution Agreement (Crescent Private Credit Income Corp)

Payment in Full. On the applicable Purchase Date for each Transferred Asset, the The Seller had has no actual knowledge of any fact which leads it or should have led a reasonable person to expect that any payments on the applicable any Transferred Asset at the time of Conveyance will not be paid in full when due or to expect any other material adverse effect on (Ai) the performance by the Seller of its obligations under this Agreement or any of the Transaction Documents to which it is a partyDocuments, (Bii) the validity or enforceability of this Agreement or any of the Transaction Documents to which it is a partyDocuments, or (Ciii) the Transferred Assets or the interests of the Seller therein.

Appears in 1 contract

Samples: Sale and Contribution Agreement (New Mountain Finance Corp)

Payment in Full. On the applicable Purchase Date for each Transferred Asset, the The Seller had has no actual knowledge of any fact which leads it or should have led a reasonable person to expect that any payments on the applicable any Transferred Asset at the time of Conveyance will not be paid in full when due or to expect any other material adverse effect on (A) the performance by the Seller of its obligations under this Agreement or any of the Transaction Documents to which it is a partyDocuments, (B) the validity or enforceability of this Agreement or any of the Transaction Documents to which it is a partyDocuments, or (C) the Transferred Assets or the interests of the Seller therein.

Appears in 1 contract

Samples: Sale and Contribution Agreement (Vista Credit Strategic Lending Corp.)

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