Common use of Return of Unused Capital Contributions Clause in Contracts

Return of Unused Capital Contributions. If any proposed Portfolio Investment with respect to which there has been a Drawdown is not consummated or if the amount of funds drawn down for any reason exceeds the amount necessary, as the case may be, the General Partner shall return such Drawdown or such excess amount of funds, together, in each case, with any interest or gains thereon (net of any Fund Expenses in respect thereof), to the Limited Partners within [sixty (60)] days of such Drawdown, in the same proportions that such funds were contributed by the Limited Partners. If at any time following the delivery of any Drawdown Notice it is intended to use any part of the relevant Drawdown for a purpose other than that specified in such Drawdown Notice then, at least ten (10) Business Days prior to such use, the General Partner shall provide to each Limited Partner a revised Drawdown Notice with the intention and the effect that each Limited Partner has the opportunity to exercise any right to be an Excused Limited Partner that it has with respect to such Drawdown pursuant to Section 6.7 (Excused Limited Partners).

Return of Unused Capital Contributions. If any proposed Portfolio Investment with respect to which there has been a Drawdown is not consummated or if the amount of funds drawn down for any reason exceeds the amount necessary, as the case may becompleted, the General Partner shall return such Drawdown or such excess amount of funds, together, in each case, with any interest or gains thereon (net of any Fund Expenses in respect thereof), to the Limited Partners within [sixty (60)] 90]79 days of such Drawdown, in the same proportions that such funds were contributed by the Limited Partners. The Remaining Commitment of each Limited Partner shall be increased by any funds or excess amount of funds so returned, and such returned funds or excess shall not be reflected in such Limited Partner’s Capital Account or treated as a Capital Contribution. If at any time following the delivery of any Drawdown Notice it is intended to use any part of the relevant Drawdown for a purpose other than that specified in such the Drawdown Notice then, at least ten (10) [10 Business Days Days] prior to such use, the General Partner shall provide to each Limited Partner a revised Drawdown Notice with the intention and the effect that each Limited Partner has the opportunity to exercise any right to be an Excused Limited Partner that it has with respect to such Drawdown pursuant to Section 6.7 (Excused Limited Partners.).