Common use of POST-DISSOLUTION INVESTMENTS AND DRAWDOWNS Clause in Contracts

POST-DISSOLUTION INVESTMENTS AND DRAWDOWNS. Notwithstanding anything to the contrary set forth in this Article 8, but subject to the other limitations on investments set forth in this Agreement and the Delaware Act, the liquidator may, at any time or times after dissolution, cause the Company to make Additional Investments pursuant to Section 6.1.2 in any existing Portfolio Company (provided that a Follow-on Investment under this Section 8.5 may be made in an affiliate or successor-in-interest thereto or a similar entity, in each case in connection with a workout or restructuring) if the liquidator believes that such Additional Investments are in the best interest of the Members and in furtherance of the winding up of the affairs of the Company.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (West Bay BDC LLC), Limited Liability Company Agreement (West Bay BDC LLC), Limited Liability Company Agreement (West Bay BDC LLC)

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