Reallocation of Participations. All or any part of such Defaulting Lender’s participation in LC Exposure shall be reallocated among each Non-Defaulting Lender on a pro rata basis, but only to the extent that: (x) the conditions set forth in Section 4.02 are satisfied at the time of such reallocation; and (y) such reallocation does not cause the aggregate Revolving Credit Exposure and LC Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s commitment to make Loans and issue Letters of Credit hereunder.
Appears in 2 contracts
Samples: Revolving Credit Agreement, Revolving Credit Agreement (Oaktree Strategic Income II, Inc.)
