Common use of Returns of Capital Clause in Contracts

Returns of Capital. In the event that any Obligor shall receive any Net Return of Capital at any time after the Availability Period, the Borrower shall, no later than the third Business Day following the receipt of such Net Return of Capital, prepay the Loans in an amount equal to 100% of such Net Return of Capital (and the Commitments shall be permanently reduced by such amount).

Appears in 14 contracts

Samples: Senior Secured Revolving Credit Agreement (Barings BDC, Inc.), Senior Secured Revolving Credit Agreement (Oaktree Specialty Lending Corp), Senior Secured Revolving Credit Agreement (Barings BDC, Inc.)

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Returns of Capital. In the event that any Obligor shall receive any Net Return of Capital at any time after the Availability Period, the Borrower shall, no later than the third fifth (5th) Business Day following the receipt of such Net Return of Capital, prepay the Loans in an amount equal to 100% of such Net Return of Capital (and the Commitments shall be permanently reduced by such amount).

Appears in 8 contracts

Samples: Senior Secured Revolving Credit Agreement (Capital Southwest Corp), Senior Secured Revolving Credit Agreement (Capital Southwest Corp), Senior Secured Revolving Credit Agreement (BlackRock TCP Capital Corp.)

Returns of Capital. In the event that any Obligor shall receive any Net Return of Capital at any time after the Availability Period, the Borrower shall, no later than the third Business Day following the receipt of such Net Return of Capital, prepay the Loans in an amount equal to 100% of such Net Return of Capital (and the Commitments shall be permanently reduced by such amount).

Appears in 6 contracts

Samples: Senior Secured Revolving Credit Agreement (Fifth Street Finance Corp.), Senior Secured Revolving Credit Agreement (Fifth Street Finance Corp), Senior Secured Revolving Credit Agreement (Fifth Street Finance Corp)

Returns of Capital. In the event that any Obligor shall receive any Net Return of Capital at any time after the Availability Period, the Borrower shall, no later than the third Business Day following the receipt of such Net Return of Capital, prepay the Loans in an amount equal to 100% of such Net Return of Capital (and the Commitments shall be permanently reduced by such amount).

Appears in 5 contracts

Samples: Senior Secured Revolving Credit Agreement (Capitala Finance Corp.), Senior Secured Revolving Credit Agreement (Alcentra Capital Corp), Senior Secured Revolving Credit Agreement (Capitala Finance Corp.)

Returns of Capital. In the event that a Borrower or any other member of its Obligor Group shall receive any Net Return of Capital at any time after the Availability PeriodCommitment Termination Date, the applicable Borrower shall, no later than the third Business Day following the receipt of such Net Return of Capital, prepay the Loans made to such Borrower (and/or provide cover for the Letters of Credit issued on behalf of such Borrower as contemplated by Section 2.04(k)) in an amount equal to 100% of such Net Return of Capital (and the Commitments shall be permanently reduced by such amount)Capital.

Appears in 4 contracts

Samples: Senior Secured Revolving Credit Agreement (FS Investment Corp II), Senior Secured Revolving Credit Agreement (FS Investment Corp III), Senior Secured Revolving Credit Agreement (Corporate Capital Trust, Inc.)

Returns of Capital. In the event that any Obligor shall receive any Net Return of Capital at any time after the applicable Availability Period, the Borrower shall, no later than the third Business Day following the receipt of such Net Return of Capital, prepay the Loans in an amount equal to 100% of such Net Return of Capital (and the Commitments shall be permanently reduced by such amount).

Appears in 2 contracts

Samples: Senior Secured Revolving Credit Agreement (Oaktree Strategic Credit Fund), Senior Secured Revolving Credit Agreement (Oaktree Specialty Lending Corp)

Returns of Capital. In the event that any Obligor shall receive any Net Return of Capital at any time after the Availability PeriodCommitment Termination Date, the Borrower shall, no later than the third Business Day following the receipt of such Net Return of Capital, prepay the Loans in an amount equal to 100% of such Net Return of Capital (and the Commitments shall be permanently reduced by such amount)Capital.

Appears in 2 contracts

Samples: Senior Secured Revolving Credit Agreement, Senior Secured Revolving Credit Agreement (Resource Capital Corp.)

Returns of Capital. In the event that any Obligor shall receive any Net Return of Capital at any time after the Availability PeriodCommitment Termination Date, the Borrower shall, no later than the third Business Day following the receipt of such Net Return of Capital, prepay the Loans and/or cash collateralize outstanding Letters of Credit in an amount equal to 100% of such Net Return of Capital (and the Commitments shall be permanently reduced by such amount)Capital.

Appears in 1 contract

Samples: Senior Secured Revolving Credit Agreement (Corporate Capital Trust, Inc.)

Returns of Capital. In the event that any Obligor shall receive any Net Return of Capital at any time after the Availability PeriodMandatory Prepayment Commencement Date, the Borrower shall, no later than the third Business Day following the receipt of such Net Return of Capital, prepay the Loans and/or cash collateralize outstanding Letters of Credit in an amount equal to 100% of such Net Return of Capital (and the Commitments shall be permanently reduced by such amount)Capital.

Appears in 1 contract

Samples: Senior Secured Credit Agreement (FS Energy & Power Fund)

Returns of Capital. In the event that any Obligor shall receive any Net Return of Capital at any time after the Availability PeriodMandatory Prepayment Commencement Date, the Borrower shall, no later than the third Business Day following the receipt of such Net Return of Capital, prepay the Loans and/or cash collateralize outstanding Letters of Credit in an amount equal to 100% of such Net Return of Capital (and the Commitments shall be permanently reduced by such amount)Capital.[Reserved].

Appears in 1 contract

Samples: Amendment No. 1 and Waiver (FS Energy & Power Fund)

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Returns of Capital. In the event that any Obligor shall receive any Net Return of Capital at any time after the Availability Period, the Borrower shall, no later than the third Business Day following the receipt of such Net Return of Capital, prepay the Loans in an amount equal to 10090% of such Net Return of Capital (and the Commitments shall be permanently reduced by such amount).

Appears in 1 contract

Samples: Senior Secured Revolving Credit Agreement (THL Credit, Inc.)

Returns of Capital. In the event that any Obligor shall receive any Net Return of Capital at any time after during the continuation of a Coverage Ratio Prepayment Event at any time during the Availability Period, the Borrower shall, no later than the third Business Day following the receipt of such Net Return of Capital, prepay the Loans in an amount equal to 100% of such Net Return of Capital (and provided that the Commitments shall only be permanently reduced by such amountamount if such prepayment is made after the Availability Period in accordance with Section 2.08(c)(iii)).

Appears in 1 contract

Samples: Senior Secured Revolving Credit Agreement (Capitala Finance Corp.)

Returns of Capital. In the event that any Obligor shall receive any Net Return of Capital at any time after the Non-Extended Availability Period, the Borrower shall, no later than the third fifth (5th) Business Day following the receipt of such Net Return of Capital, prepay the Loans in an amount equal to 100% of such Net Return of Capital (and the Commitments shall be permanently reduced by such amount).

Appears in 1 contract

Samples: Senior Secured Revolving Credit Agreement (Capital Southwest Corp)

Returns of Capital. In the event that any Obligor shall receive any Net Return of Capital at any time after the Availability Period, the Borrower shall, no later than the third Business Day following the receipt of such Net Return of Capital, prepay 29135447.6 the Loans in an amount equal to 100% of such Net Return of Capital (and the Commitments shall be permanently reduced by such amount).

Appears in 1 contract

Samples: Senior Secured Revolving Credit Agreement (Barings Capital Investment Corp)

Returns of Capital. In the event that any Obligor shall receive any Net Return of Capital at any time after the Availability Period, the Borrower shall, no later than the third Business Day following the receipt of such Net Return of Capital, prepay the Loans and/or Cash Collateralize Letters of Credit in an amount equal to 100% of such Net Return of Capital (and the Revolving Commitments corresponding to the principal amount of Revolving Loans so prepaid shall be permanently reduced by such amount).

Appears in 1 contract

Samples: Senior Secured Credit Agreement (Barings BDC, Inc.)

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