Common use of Permitted Refinancing Transactions Clause in Contracts

Permitted Refinancing Transactions. (a) On any Business Day, the Borrower shall have the right to prepay all or a portion of the Loans then outstanding and require the Administrative Agent to release its security interest and Lien on the related Collateral Assets and underlying assets securing such Collateral Assets in connection with a Permitted Refinancing Transaction, subject to the following terms and conditions:

Appears in 5 contracts

Samples: Credit Agreement (Blackstone Secured Lending Fund), Credit Agreement (Palmer Square Capital BDC Inc.), Credit Agreement (Blackstone Secured Lending Fund)

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