Common use of Pricing Changes Clause in Contracts

Pricing Changes. (a) At any time and from time to time the Agent shall, at the request of Applicable Revolving Banks, send to the Borrower an Applicable Margin Change Notice, and such Applicable Margin Change Notice shall become effective on the 180th day immediately following the day of such Applicable Margin Change Notice (the “Applicable Margin Change Effective Date”), provided that in no event shall the first Applicable Margin Change Effective Date occur before March 23, 2021.

Appears in 2 contracts

Samples: Credit Agreement (Neuberger Berman Real Estate Securities Income Fund Inc), Credit Agreement (Neuberger Berman Real Estate Securities Income Fund Inc)

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Pricing Changes. (a) At any time and from time to time the Administrative Agent shall, at the request of Applicable Revolving Banks, may send to the Borrower an Applicable Margin Change Notice, and such Applicable Margin Change Notice shall become effective on the 180th day immediately date that is the later to occur of the following the day of (such later date with respect to such Applicable Margin Change Notice (Notice, the “Applicable Margin Change Effective Date”), provided that ): (i) the date specified as such in no event shall the first such Applicable Margin Change Effective Date occur before March 23Notice, 2021and (ii) the 179th day after the date of such Applicable Margin Change Notice.

Appears in 2 contracts

Samples: Security Agreement (ClearBridge Energy MLP Fund Inc.), Credit Agreement (ClearBridge Energy MLP Opportunity Fund Inc.)

Pricing Changes. (a) At any time and from time to time the Administrative Agent shall, at the request of Applicable Revolving BanksLenders, send to the Borrower an Applicable Margin Change Notice, and such Applicable Margin Change Notice shall become effective on the 180th day immediately date that is the later to occur of the following the day of (such later date with respect to such Applicable Margin Change Notice (Notice, the “Applicable Margin Change Effective Date”), provided that ): (i) the date specified as such in no event shall the first such Applicable Margin Change Effective Date occur before March 23, 2021Notice and (ii) the 364th day after the date of such Applicable Margin Change Notice.

Appears in 1 contract

Samples: Credit Agreement (Tortoise Pipeline & Energy Fund, Inc.)

Pricing Changes. (a) At any time and from time to time the Agent shall, at the request of Applicable Revolving Banks, send to the Borrower an Applicable Margin Change Notice, and such Applicable Margin Change Notice shall become effective on the 180th day immediately date that is the latest to occur of the following the day of (such latest date with respect to such Applicable Margin Change Notice (Notice, the “Applicable Margin Change Effective Date”), provided that ): (i) the date specified as such in no event shall the first such Applicable Margin Change Notice, (ii) the 180th day after the date of such Applicable Margin Change Notice, and (iii) the 364th day following the Effective Date occur before March 23, 2021Date.

Appears in 1 contract

Samples: Credit Agreement (Goldman Sachs MLP & Energy Renaissance Fund)

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Pricing Changes. (a) At any time and from time to time the Agent shall, at the request of Applicable Revolving Banks, send to the Borrower an Applicable Margin Change Notice, and such Applicable Margin Change Notice shall become effective on the 180th day immediately following the day of date (such date with respect to such Applicable Margin Change Notice (Notice, the “Applicable Margin Change Effective Date”), provided ) that in no event shall is the first Applicable Margin Change Effective Date occur before March 23, 2021270th day after the delivery of such notice.

Appears in 1 contract

Samples: Credit Agreement (Western Asset Global High Income Fund Inc.)

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