Common use of Revolving Credit Commitment Clause in Contracts

Revolving Credit Commitment. Subject to the terms and conditions herein set forth, each Lender severally agrees, on any Business Day during the Availability Period, to make Loans in Dollars or in one or more Alternative Currencies to Borrowers, on a joint and several basis, and to the Qualified Borrowers, on a several basis, at any time and from time to time in an aggregate principal amount not to exceed at any time outstanding the amount of such Lender’s Commitment; provided, however, that, after making any such Loans: (a) such Lender’s Principal Obligation would not exceed such Lender’s Commitment as of such date and (b) the Principal Obligations would not exceed the Available Loan Amount. Subject to the foregoing limitation, the conditions set forth in Section 6 and the other terms and conditions hereof, the Borrower Parties may borrow, repay without penalty or premium, and re-borrow hereunder, during the Availability Period. Each Borrowing pursuant to this Section 2.01 shall be funded ratably by each Lender in accordance with its Applicable Percentage of the aggregate Available Loan Amount.

Appears in 3 contracts

Samples: Revolving Credit Agreement (Goldman Sachs Private Middle Market Credit II LLC), Credit Agreement (Goldman Sachs Private Middle Market Credit II LLC), Credit Agreement (Goldman Sachs Private Middle Market Credit II LLC)

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Revolving Credit Commitment. Subject On the terms set forth herein and subject to the terms applicable conditions set forth in Section 2.1(b) and conditions herein set forthSection 6, each Lender severally agrees, on any Business Day during the Availability Commitment Period, to make Loans in Dollars or in one or more Alternative Currencies to Borrowers, on a joint and several basis, and to the Qualified Borrowers, on a several basis, Borrowers at any time and from time to time in an aggregate principal amount not to exceed at any one time outstanding the amount of such LenderXxxxxx’s CommitmentCommitment at any such time; provided, however, provided that, after making any such LoansLoan: (a) such Lender’s Lender Pro Rata Share of the Principal Obligation Obligations funded by it would not exceed such LenderXxxxxx’s Commitment as of such date Commitment; and (b) the Principal Obligations would not exceed the Available Loan AmountCommitment. Subject to the foregoing limitationlimitations, the applicable conditions set forth in Section 6 and the other terms and conditions hereof, the Borrower Parties Borrowers may borrow, repay without penalty or premium, and re-borrow hereunder, during the Availability Commitment Period. Each Borrowing pursuant to this Section 2.01 2.2 shall be funded ratably by each Lender in accordance with its Applicable Percentage of Lender Pro Rata Share (but subject to Section 2.3(f)). No Lender shall be obligated to fund any Loan if the aggregate Available Loan Amountinterest rate applicable thereto under Section 2.6(a) would exceed the Maximum Rate in effect with respect to such Loan.

Appears in 3 contracts

Samples: Revolving Credit Agreement (MN8 Energy, Inc.), Revolving Credit Agreement (MN8 Energy, Inc.), Revolving Credit Agreement (New PubCo Renewable Power Inc.)

Revolving Credit Commitment. Subject On the terms set forth herein and subject to the terms applicable conditions set forth in Section 2.1(b) and conditions herein set forthSection 6, each Lender severally agrees, on any Business Day during the Availability Commitment Period, to make Loans in Dollars or in one or more any Alternative Currencies to Borrowers, on a joint and several basis, and Currency to the Qualified Borrowers, on a several basis, Borrowers at any time and from time to time in an aggregate principal amount not to exceed at any one time outstanding up to the amount Dollar Equivalent of such Lender’s CommitmentCommitment at any such time; provided, however, provided that, after making any such LoansLoan: (a) such Lender’s Lender Pro Rata Share of the Dollar Equivalent of the Principal Obligation Obligations funded by it would not exceed such Lender’s Commitment as of such date Commitment; and (b) the Dollar Equivalent of the Principal Obligations would not exceed the Available Loan AmountCommitment. Subject to the foregoing limitationlimitations, the applicable conditions set forth in Section 6 and the other terms and conditions hereof, the Borrower Parties Borrowers may borrow, repay without penalty or premium, and re-borrow hereunder, during the Availability Commitment Period. Each Borrowing pursuant to this Section 2.01 2.2 shall be funded ratably by each Lender in accordance with its Applicable Percentage of Lender Pro Rata Share. No Lender shall be obligated to fund any Loan if the aggregate Available Loan Amountinterest rate applicable thereto under Section 2.6(a) would exceed the Maximum Rate in effect with respect to such Loan.

Appears in 3 contracts

Samples: Revolving Credit Agreement (Goldman Sachs Middle Market Lending Corp. II), Revolving Credit Agreement (Goldman Sachs Middle Market Lending Corp. II), Revolving Credit Agreement (Goldman Sachs Private Middle Market Credit LLC)

Revolving Credit Commitment. Subject On the terms set forth herein and subject to the terms applicable conditions set forth in Section 2.1(b) and conditions herein set forthSection 6, each Lender severally agrees, on any Business Day during the Availability Commitment Period, to make Loans in Dollars or in one or more Alternative Currencies to Borrowers, on a joint and several basis, and to the Qualified Borrowers, on a several basis, Borrowers at any time and from time to time in an aggregate principal amount not to exceed at any one time outstanding the amount of such LenderXxxxxx’s CommitmentCommitment at any such time; provided, however, provided that, after making any such LoansLoan: (a) such Lender’s Lender Pro Rata Share of the Principal Obligation Obligations under the Primary Tranche funded by it would not exceed such Xxxxxx’s Commitment; and (b under the Primary Tranche; (b) such Lender’s Lender Pro Rata Share of the Principal Obligations under the Temporary Increase Tranche funded by it would not exceed such Xxxxxx’s Commitment as of such date under the Temporary Increase Tranche; and (bc) the Principal Obligations would not exceed the Available Loan AmountCommitment. Subject to the foregoing limitationlimitations, the applicable conditions set forth in Section 6 and the other terms and conditions hereof, the Borrower Parties Borrowers may borrow, repay without penalty or premium, and re-borrow hereunder, during the Availability Commitment Period. Each Borrowing pursuant to this Section 2.01 2.2 shall be funded ratably by each Lender in accordance with its Applicable Percentage of Lender Pro Rata Share with respect to the aggregate Available applicable Tranche (but subject to Section 2.3(f) and Section 2.16). No Lender shall be obligated to fund any Loan Amountif the interest rate applicable thereto under Section 2.6(a) would exceed the Maximum Rate in effect with respect to such Loan.

Appears in 2 contracts

Samples: Revolving Credit Agreement (MN8 Energy, Inc.), Revolving Credit Agreement (New PubCo Renewable Power Inc.)

Revolving Credit Commitment. Subject to the terms and conditions herein set forth, each Alternate Lender severally agrees, on any Business Day during the Availability Period, to make Loans in Dollars to Borrower or in one or more Alternative Currencies to Borrowers, on a joint and several basis, and to the any Qualified Borrowers, on a several basis, Borrower at any time and from time to time in an aggregate principal amount not up to exceed at any time outstanding the amount of such Lender’s CommitmentCommitment at any such time; provided, however, that, after making any such Loans: (a) such Lender’s Pro Rata Share of the Principal Obligation would not exceed such Lender’s Commitment as of such date date; and (b) the Principal Obligations Obligation of such Lender’s Lender Group would not exceed the Available Loan Amountaggregate Commitment of the Alternate Lenders in such Lender Group. Subject to the foregoing limitation, the conditions set forth in Section 6 8 and the other terms and conditions hereof, the Borrower Parties or any Qualified Borrower may borrow, repay without penalty or premium, and re-borrow hereunder, during the Availability Period. Each Borrowing pursuant to this Section 2.01 2.2 shall be funded ratably by each Lender Group in accordance with its Applicable Percentage of Lender Group Percentage. No Lender shall be obligated to fund any Loan if the aggregate Available Loan Amountinterest rate applicable thereto under Section 2.11 hereof would exceed the Maximum Rate in effect with respect to such Loan.

Appears in 2 contracts

Samples: Credit Agreement (Acadia Realty Trust), Revolving Credit Agreement (Acadia Realty Trust)

Revolving Credit Commitment. Subject to the terms and conditions herein set forth, each Lender severally agrees, on any Business Day Day, during the Availability Commitment Period, to make Loans in US Dollars or in one or more Alternative other Alternate Currencies to Borrowers, on a joint and several basis, and to each of the Qualified Borrowers, on a several basis, Borrowers at any time and from time to time in an aggregate Dollar Equivalent principal amount not to exceed at any one time outstanding the amount of up to such Lender’s CommitmentLender Commitment at any such time; provided, however, provided that, after making any such Loans: (a) the Dollar Equivalent of such Lender’s Principal Obligation Obligations would not exceed such Lender’s Commitment as of such date and Lender Commitment; (b) the Dollar Equivalent of the Principal Obligations would not exceed the Available Loan AmountCommitment; and (c) the Alternate Currency Liability would not exceed the Alternate Currency Sublimit; provided, further, that Reference Rate Loans shall only be available in US Dollars. Subject to the foregoing limitation, the conditions set forth in Section 6 hereof and the other terms and conditions hereof, the Borrower Parties Borrowers may borrow, repay without penalty or premium, and re-borrow hereunder, during the Availability Commitment Period. Each Borrowing pursuant to this Section 2.01 2.2 shall be funded ratably by each Lender in accordance with its Applicable Percentage of Section 2.5 hereof. No Lender shall be obligated to fund any Loan if the aggregate Available Loan Amountinterest rate applicable thereto under Section 2.6 hereof would exceed the Maximum Rate in effect with respect to such Loan.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Blackstone / GSO Secured Lending Fund), Revolving Credit Agreement (Blackstone / GSO Secured Lending Fund)

Revolving Credit Commitment. Subject to the terms and conditions herein set forth, each Lender severally agrees, on any Business Day during the Availability Commitment Period, to make Loans in Dollars or in one or more Alternative Currencies to Borrowers, on a joint and several basis, and to the Qualified Borrowers, on a several basis, Borrowers at any time and from time to time in an aggregate Dollar Equivalent principal amount not to exceed at any one time outstanding the amount of up to such LenderXxxxxx’s CommitmentCommitment at any such time; provided, however, provided that, after making any such LoansLoan: (a) the Dollar Equivalent of Principal Obligations owing to such Lender’s Principal Obligation Lender would not exceed such LenderXxxxxx’s Commitment as of such date Commitment; and (b) the Dollar Equivalent of Principal Obligations would not exceed the Available Loan AmountCommitment. Subject to the foregoing limitation, the conditions set forth in Section 6 hereof and the other terms and conditions hereof, the Borrower Parties Borrowers may borrow, repay without penalty or premium, and re-borrow hereunder, during the Availability Commitment Period. Each Borrowing pursuant to this Section 2.01 2.2 shall be funded ratably by each the Lenders in proportion to their Lender Percentages. No Lender shall be obligated to fund any Loan if the interest rate applicable thereto under Section 2.6(a) hereof would exceed the Maximum Rate in accordance effect with its Applicable Percentage of the aggregate Available Loan Amountrespect to such Loan.

Appears in 2 contracts

Samples: Revolving Credit Agreement (T Series Middle Market Loan Fund LLC), Revolving Credit Agreement (T Series Middle Market Loan Fund LLC)

Revolving Credit Commitment. Subject On the terms set forth herein and subject to the terms applicable conditions set forth in Section 2.1(b) and conditions herein set forthSection 6, each Lender severally agrees, on any Business Day during the Availability Commitment Period, to make Loans in Dollars or in one or more Alternative Currencies to Borrowers, on a joint and several basis, and to the Qualified Borrowers, on a several basis, Borrowers at any time and from time to time in an aggregate principal amount not to exceed at any one time outstanding the amount of equal to such LenderXxxxxx’s CommitmentCommitment at any such time; provided, however, provided that, after making any such LoansLoan: (a) such Lender’s Lender Pro Rata Share of the Principal Obligation Obligations would not exceed such LenderXxxxxx’s Commitment as of such date Commitment; and (b) the Principal Obligations would not exceed the Available Loan AmountCommitment. Subject to the foregoing limitationlimitations, the applicable conditions set forth in Section 6 and the other terms and conditions hereof, the Borrower Parties Borrowers may borrow, repay without penalty or premium, and re-borrow hereunder, during the Availability Commitment Period. Each Borrowing pursuant to this Section 2.01 2.2 shall be funded ratably by each Lender in accordance with its Applicable Percentage of Lender Pro Rata Share (but subject to Section 2.3(f)). No Lender shall be obligated to fund any Loan if the aggregate Available Loan Amountinterest rate applicable thereto under Section 2.6(a) would exceed the Maximum Rate in effect with respect to such Loan.

Appears in 1 contract

Samples: Revolving Credit Agreement (MN8 Energy, Inc.)

Revolving Credit Commitment. Subject to the terms and conditions herein set forth, each Lender severally agrees, on any Business Day Day, during the Availability Commitment Period, to make Loans in Dollars or in one or more Alternative Currencies to Borrowers, on a joint and several basis, and to the Qualified Borrowers, on a several basis, at any time and from time to time in an aggregate principal amount not to exceed at any one time outstanding the amount of up to such LenderXxxxxx’s CommitmentLender Commitment at any such time; provided, however, provided that, after making any such Loans: (a) , such LenderXxxxxx’s Pro Rata Share of the Principal Obligation Obligations would not exceed such Lender’s Commitment as of such date and (b) the Principal Obligations would not exceed the Available Loan AmountLender Commitment. Subject to the foregoing limitationlimitations, the conditions set forth in Section 6 hereof and the other terms and conditions hereof, the Borrower Parties Borrowers may borrow, repay without penalty or premium, and re-borrow hereunder, during the Availability Commitment Period. Each Borrowing pursuant to this Section 2.01 2.2 shall be funded made ratably by each Lender the Lenders in accordance with its Applicable Percentage proportion to such Xxxxxx’s Pro Rata Share of the aggregate Available Commitment. No Lender shall be obligated to fund any Loan Amountif the interest rate applicable thereto under Section 2.6 hereof would exceed the Maximum Rate then in effect with respect to such Loan.

Appears in 1 contract

Samples: Revolving Credit Agreement (Brightwood Capital Corp I)

Revolving Credit Commitment. Subject On the terms set forth herein and subject to the terms applicable conditions set forth in Section 2.1(b) and conditions herein set forthSection 6, each Lender severally agrees, on any Business Day during the Availability Commitment Period, to make Loans in Dollars or in one or more Alternative Currencies to Borrowers, on a joint and several basis, and to the Qualified Borrowers, on a several basis, Borrowers at any time and from time to time in an aggregate principal amount not to exceed at any one time outstanding the amount of such LenderXxxxxx’s CommitmentCommitment at any such time; provided, however, provided that, after making any such LoansLoan: (a) such Lender’s Lender Pro Rata Share of the Principal Obligation Obligations funded by it would not exceed CONFIDENTIAL TREATMENT REQUESTED PURSUANT TO 17 C.F.R. SECTION 200.83 such LenderXxxxxx’s Commitment as of such date Commitment; and (b) the Principal Obligations would not exceed the Available Loan AmountCommitment. Subject to the foregoing limitationlimitations, the applicable conditions set forth in Section 6 and the other terms and conditions hereof, the Borrower Parties Borrowers may borrow, repay without penalty or premium, and re-borrow hereunder, during the Availability Commitment Period. Each Borrowing pursuant to this Section 2.01 2.2 shall be funded ratably by each Lender in accordance with its Applicable Percentage of Lender Pro Rata Share (but subject to Section 2.3(f)). No Lender shall be obligated to fund any Loan if the aggregate Available Loan Amountinterest rate applicable thereto under Section 2.6(a) would exceed the Maximum Rate in effect with respect to such Loan.

Appears in 1 contract

Samples: Revolving Credit Agreement (New PubCo Renewable Power Inc.)

Revolving Credit Commitment. Subject to the terms and conditions herein set forth, each Lender severally agrees, on any Business Day during the Availability Period, to make Loans in Dollars or in one or more Alternative Currencies to Borrowers, on a joint and several basis, and to the Qualified Borrowers, on a several basis, Borrower Parties at any time and from time to time in the Dollar Equivalent of an aggregate principal amount not to exceed at any time outstanding the amount of such Lender’s Commitment; provided, however, that, after making any such Loans: (a) such Lender’s Principal Obligation Revolving Credit Exposure would not exceed such Lender’s Commitment as of such date date; and (b) the Dollar Equivalent of the Principal Obligations Obligation would not exceed the Available Loan Amount. Subject to the foregoing limitation, the applicable conditions set forth in Section 6 7 and the other terms and conditions hereof, the Borrower Parties may borrow, repay without penalty or premium, and re-borrow hereunder, during the Availability Period. Each Borrowing pursuant to this Section 2.01 shall be funded made ratably by the Lenders in proportion to each Lender’s Revolving Credit Exposure. No Lender shall be obligated to fund any Loan if the interest rate applicable thereto under Section 2.05(a) would exceed the Maximum Rate in accordance effect with its Applicable Percentage of the aggregate Available Loan Amountrespect to such Loan.

Appears in 1 contract

Samples: Revolving Credit Agreement (Bain Capital Specialty Finance, Inc.)

Revolving Credit Commitment. Subject to the terms and conditions herein set forth, each Committed Lender severally agrees, on any Business Day during the Availability Period, to make Loans in Dollars or in one or more Alternative Currencies to Borrowers, on a joint and several basis, and to the Qualified Borrowers, on a several basis, Borrower at any time and from time to time in an aggregate principal amount not up to exceed Committed Lender’s Commitment at any time outstanding the amount of such Lender’s Commitmenttime; provided, however, that, that after making any such Loans: (a) such Committed Lender’s Principal Obligation would not exceed such Committed Lender’s Commitment as of such date (minus any amounts funded in respect of a Loan hereunder (but not used to fund such Loan and accordingly not included in the Principal Obligation) by Committed Lender as a Liquidity Provider under a Liquidity Agreement); (b) the Principal Obligations Obligation of Committed Lender’s Lender Group would not exceed the aggregate the Lender Group Limit of its Lender Group; and (c) the Principal Obligation would not exceed the Available Loan AmountCommitment. Subject to the foregoing limitation, the conditions set forth in Section 6 5 and the other terms and conditions hereof, the Borrower Parties may borrow, repay without penalty or premiumpremium (subject to Section 4.05), and re-borrow hereunder, during the Availability Period. Each Borrowing pursuant to this Section 2.01 No Lender shall be funded ratably by each Lender obligated to fund any Loan if the interest rate applicable thereto hereunder would exceed the Maximum Rate in accordance effect with its Applicable Percentage of the aggregate Available Loan Amountrespect to such Loan.

Appears in 1 contract

Samples: Revolving Credit Agreement (TCW Direct Lending LLC)

Revolving Credit Commitment. Subject On the terms set forth herein and subject to the terms applicable conditions set forth in Section 2.1(b) and conditions herein set forthSection 6, each Lender severally agrees, on any Business Day during the Availability Commitment Period, to make Loans in Dollars or in one or more Alternative Currencies to Borrowers, on a joint and several basis, and to the Qualified Borrowers, on a several basis, Borrowers at any time and from time to time in an aggregate principal amount not to exceed at any one time outstanding the amount of ofequal to such LenderXxxxxx’s CommitmentCommitment at any such time; provided, however, provided that, after making any such LoansLoan: (a) such LenderXxxxxx’s Lender Pro Rata Share of the Principal Obligation Obligations under the Primary Tranche funded by it would not exceed such Xxxxxx’s Commitment under the Primary Tranche; (b) such Lender’s Lender Pro Rata Share of the Principal Obligations under the Temporary Increase Tranche funded by it would not exceed such Xxxxxx’s Commitment as of such date under the Temporary Increase Tranche; and (c; and (b) the Principal Obligations would not exceed the Available Loan AmountCommitment. Subject to the foregoing limitationlimitations, the applicable conditions set forth in Section 6 and the other terms and conditions hereof, the Borrower Parties Borrowers may borrow, repay without penalty or premium, and re-borrow hereunder, during the Availability Commitment Period. Each Borrowing pursuant to this Section 2.01 2.2 shall be funded ratably by each Lender in accordance with its Applicable Percentage of Lender Pro Rata Share with respect to the aggregate Available applicable Tranche (but subject to Section 2.3(f) and Section 2.16 ). No Lender shall be obligated to fund any Loan Amount.if the interest rate applicable thereto under Section 2.6(a) would exceed the Maximum Rate in effect with respect to such Loan. CONFIDENTIAL TREATMENT REQUESTED PURSUANT TO 17 C.F.R. SECTION 200.83

Appears in 1 contract

Samples: Revolving Credit Agreement (New PubCo Renewable Power Inc.)

Revolving Credit Commitment. Subject to the terms and conditions herein set forth, each Lender severally agrees, on any Business Day during the Availability Commitment Period, to make Loans in Dollars or in one or more Alternative Currencies to Borrowers, on a joint and several basis, and to the Qualified Borrowers, on a several basis, Borrower at any time and from time to time in an aggregate principal amount not up to exceed at any time outstanding the amount of such Lender’s CommitmentCommitment at any such time; provided, however, that, after making any such Loans: (a) such Lender’s Pro Rata Share of the Principal Obligation would not exceed such Lender’s Commitment as of such date Commitment; and (b) the Principal Obligations Obligation would not exceed the Available Loan AmountCommitment. Subject to the foregoing limitation, the conditions set forth in Section 6 and the other terms and conditions hereof, the Borrower Parties may borrow, repay without penalty or premium, and re-borrow hereunder, during the Availability Commitment Period. Each Borrowing pursuant to this Section 2.01 2.2 shall be funded made ratably by each Lender Lenders in accordance with its Applicable Percentage proportion to such Lender’s Pro Rata Share of the aggregate Available Commitment. No Lender shall be obligated to fund any Loan Amountif the interest rate applicable thereto under Section 2.6(a) hereof would exceed the Maximum Rate in effect with respect to such Loan.

Appears in 1 contract

Samples: Revolving Credit Agreement (Municipal Mortgage & Equity LLC)

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Revolving Credit Commitment. Subject On the terms set forth herein and subject to the terms applicable conditions set forth in Section 2.1(b) and conditions herein set forthSection 6, each Lender severally agrees, on any Business Day during the Availability Commitment Period, to make Loans in Dollars or in one or more Alternative Currencies to Borrowers, on a joint and several basis, and to the Qualified Borrowers, on a several basis, Borrowers at any time and from time to time in an aggregate principal amount not to exceed at any one time outstanding the amount of such LenderLxxxxx’s CommitmentCommitment at any such time; provided, however, provided that, after making any such LoansLoan: (a) such Lender’s Lender Pro Rata Share of the Principal Obligation Obligations funded by it would not exceed such LenderLxxxxx’s Commitment as of such date Commitment; and (b) the Principal Obligations would not exceed the Available Loan AmountCommitment. Subject to the foregoing limitationlimitations, the applicable conditions set forth in Section 6 and the other terms and conditions hereof, the Borrower Parties Borrowers may borrow, repay without penalty or premium, and re-borrow hereunder, during the Availability Commitment Period. Each Borrowing pursuant to this Section 2.01 2.2 shall be funded ratably by each Lender in accordance with its Applicable Percentage of Lender Pro Rata Share (but subject to Section 2.3(f)). No Lender shall be obligated to fund any Loan if the aggregate Available Loan Amountinterest rate applicable thereto under Section 2.6(a) would exceed the Maximum Rate in effect with respect to such Loan.

Appears in 1 contract

Samples: Revolving Credit Agreement (BlackRock Direct Lending Corp.)

Revolving Credit Commitment. Subject On the terms set forth herein and subject to the terms applicable conditions set forth in Section 2.1(b) and conditions herein set forthSection 6, each Lender severally agrees, on any Business Day during the Availability Commitment Period, to make Loans in Dollars or in one or more Alternative Currencies to Borrowers, on a joint and several basis, and to the Qualified Borrowers, on a several basis, Borrowers at any time and from time to time in an aggregate principal amount not to exceed at any one time outstanding the amount of such Lender’s CommitmentCommitment at any such time; provided, however, provided that, after making any such LoansLoan: (a) such Lender’s Lender Pro Rata Share of the Principal Obligation Obligations funded by it would not exceed such Lender’s Commitment as of such date Commitment; and (b) the Principal Obligations would not exceed the Available Loan AmountCommitment. Subject to the foregoing limitationlimitations, the applicable conditions set forth in Section 6 and the other terms and conditions hereof, the Borrower Parties Borrowers may borrow, repay without penalty or premium, and re-borrow hereunder, during the Availability Commitment Period. Each Borrowing pursuant to this Section 2.01 2.2 shall be funded ratably by each Lender in accordance with its Applicable Percentage of Lender Pro Rata Share. No Lender shall be obligated to fund any Loan if the aggregate Available Loan Amountinterest rate applicable thereto under Section 2.6(a) would exceed the Maximum Rate in effect with respect to such Loan.

Appears in 1 contract

Samples: Revolving Credit Agreement (Goldman Sachs Middle Market Lending Corp.)

Revolving Credit Commitment. Subject to the terms and conditions herein set forth, during the Commitment Period, each Lender severally agrees, on any Business Day during the Availability Period, agrees to make Loans in Dollars or in one or more Alternative Currencies to Borrowers, on a joint and several basis, and to the Qualified Borrowers, on a several basis, Borrowers at any time and from time to time in an aggregate principal amount not up to exceed at any time outstanding the amount of such Lender’s CommitmentCommitment at any such time; provided, however, that, after making any such Loans: (ai) such Lender’s Pro Rata Share of the Principal Obligation would not exceed such Lender’s Commitment as of such date date; and (bii) the Principal Obligations Obligation would not exceed the Available Loan AmountCommitment. Subject to the foregoing limitation, the conditions set forth in Section 6 and the other terms and conditions hereof, the Borrower Parties Borrowers may borrow, repay without penalty or premium, and re-borrow reborrow hereunder, during the Availability Commitment Period. Each Borrowing pursuant to this Section 2.01 2.02 shall be funded made ratably by the applicable Lenders in proportion to each Lender in accordance with its Applicable Percentage Lender’s Pro Rata Share of the aggregate Available Commitment. No Lender shall be obligated to fund any Loan Amountif the interest rate applicable thereto under Section 2.06(a) hereof would exceed the Maximum Rate in effect with respect to such Loan.

Appears in 1 contract

Samples: Revolving Credit Agreement (Apollo Asset Management, Inc.)

Revolving Credit Commitment. Subject to the terms and conditions herein set forth, each Lender severally agrees, on any Business Day during the Availability Period, to make Loans in Dollars or in one or more Alternative Alterative Currencies to Borrowers, on a joint and several basis, and to the Qualified Borrowers, on a several basis, each Borrower at any time and from time to time in an aggregate principal amount not to exceed at any one time outstanding the amount of up to such Lender’s CommitmentCommitment at any such time; provided, however, that, after making any such Loans: (a) such Lender’s Pro Rata Share of the Principal Obligation would not exceed such Lender’s Commitment as of such date and date; (b) there would not exist a Borrowing Base Deficiency and (c) the Principal Obligations aggregate Alternative Currency Liability as of such date would not exceed the Available Loan AmountAlternative Currency Sublimit as of such date. Subject to the foregoing limitation, the conditions set forth in Section 6 7 and the other terms and conditions hereof, the a Borrower Parties may borrow, repay without penalty or premium, and re-borrow hereunder, during the Availability Period. Each Borrowing pursuant to this Section 2.01 2.02 shall be funded made ratably by the Lenders in proportion to each Lender in accordance with its Applicable Percentage Lender’s Pro Rata Share of the aggregate Available Commitment. No Lender shall be obligated to fund any Loan Amountif the interest rate applicable thereto under Section 2.06(a) hereof would exceed the Maximum Rate in effect with respect to such Loan.

Appears in 1 contract

Samples: Revolving Credit Agreement (Lafayette Square Empire BDC, Inc.)

Revolving Credit Commitment. Subject On the terms set forth herein and subject to the terms applicable conditions set forth in Section 2.1(b) and conditions herein set forthSection 6, each Lender severally agrees, on any Business Day during the Availability Commitment Period, to make Loans in Dollars or in one or more Alternative Currencies to Borrowers, on a joint and several basis, and to the Qualified Borrowers, on a several basis, Borrowers at any time and from time to time in an aggregate principal amount not to exceed at any one time outstanding the amount of ofequal to such LenderXxxxxx’s CommitmentCommitment at any such time; provided, however, provided that, after making any such LoansLoan: (a) such LenderXxxxxx’s Lender Pro Rata Share of the Principal Obligation Obligations under the Primary Tranche funded by it would not exceed such Xxxxxx’s Commitment under the Primary Tranche; (b) such Lender’s Lender Pro Rata Share of the Principal Obligations under the Temporary Increase Tranche funded by it would not exceed such Xxxxxx’s Commitment as of such date under the Temporary Increase Tranche; and (c; and (b) the Principal Obligations would not exceed the Available Loan AmountCommitment. Subject to the foregoing limitationlimitations, the applicable conditions set forth in Section 6 and the other terms and conditions hereof, the Borrower Parties Borrowers may borrow, repay without penalty or premium, and re-borrow hereunder, during the Availability Commitment Period. Each Borrowing pursuant to this Section 2.01 2.2 shall be funded ratably by each Lender in accordance with its Applicable Percentage of Lender Pro Rata Share with respect to the aggregate Available applicable Tranche (but subject to Section 2.3(f) and Section 2.16 ). No Lender shall be obligated to fund any Loan Amountif the interest rate applicable thereto under Section 2.6(a) would exceed the Maximum Rate in effect with respect to such Loan.

Appears in 1 contract

Samples: Revolving Credit Agreement (MN8 Energy, Inc.)

Revolving Credit Commitment. Subject to the terms and conditions herein set forth, each Lender severally agrees, on any Business Day during the Availability Commitment Period, to make Loans in Dollars or in one or more Alternative Currencies to Borrowers, on a joint and several basis, and to the Qualified Borrowers, on a several basis, Borrowers at any time and from time to time in an aggregate Dollar USActive 58236919.3 Equivalent principal amount not to exceed at any one time outstanding the amount of up to such LenderXxxxxx’s CommitmentCommitment at any such time; provided, however, provided that, after making any such LoansLoan: (a) the Dollar Equivalent of Principal Obligations owing to such Lender’s Principal Obligation Lender would not exceed such LenderXxxxxx’s Commitment as of such date Commitment; and (b) the Dollar Equivalent of Principal Obligations would not exceed the Available Loan AmountCommitment. Subject to the foregoing limitation, the conditions set forth in Section 6 hereof and the other terms and conditions hereof, the Borrower Parties Borrowers may borrow, repay without penalty or premium, and re-borrow hereunder, during the Availability Commitment Period. Each Borrowing pursuant to this Section 2.01 2.2 shall be funded ratably by each the Lenders in proportion to their Lender Percentages. No Lender shall be obligated to fund any Loan if the interest rate applicable thereto under Section 2.6(a) hereof would exceed the Maximum Rate in accordance effect with its Applicable Percentage of the aggregate Available Loan Amountrespect to such Loan.

Appears in 1 contract

Samples: Revolving Credit Agreement (T Series Middle Market Loan Fund LLC)

Revolving Credit Commitment. Subject to the terms and conditions herein set forth, each Lender severally agrees, on any Business Day during the Availability Period, to make Loans in Dollars or in one or more Alternative Currencies to Borrowers, on a joint and several basis, and to the Qualified Borrowers, on a several basis, at any time and from time to time in an aggregate principal amount not to exceed at any time outstanding the amount of such Lender’s Commitment; provided, however, that, after making any such Loans: (a) such Lender’s Principal Obligation would not exceed such Lender’s Commitment as of such date date; and (b) the portion of the Principal Obligations Obligation attributable to the Borrowings by any Borrower would not exceed the Available Loan AmountAmount applicable to such Borrower. Subject to the foregoing limitation, the conditions set forth in Section 6 and the other terms and conditions hereof, the Borrower Parties may borrow, repay without penalty or premium, and re-borrow hereunder, during the Availability Period. Each Borrowing pursuant to this Section 2.01 shall be funded ratably by each Lender in accordance with its Applicable Lender Percentage of the aggregate Available Loan AmountAmount of all Borrowers.

Appears in 1 contract

Samples: Escrow Agreement (SLR Hc BDC LLC)

Revolving Credit Commitment. Subject to the terms and conditions herein set forth, each Lender severally agrees, on any Business Day during the Availability Period, to make Loans in Dollars or in one or more Alternative Currencies to the Borrowers, on a joint and several basis, and to the Qualified Borrowers, on a several basis, at any time and from time to time in an aggregate principal amount not to exceed at any time outstanding the amount of such LenderXxxxxx’s Commitment; provided, however, that, that after making any such Loans: (a) such LenderXxxxxx’s Principal Obligation would not exceed such LenderXxxxxx’s Commitment as of such date date; and (b) the portion of the Principal Obligations Obligation attributable to the Borrowings by any Borrower would not exceed the Available Loan AmountAmount applicable to such Borrower. Subject to the foregoing limitation, the conditions set forth in Section 6 and the other terms and conditions hereof, the Borrower Parties may borrow, repay without penalty or premium, and re-borrow hereunder, during the Availability Period. Each Borrowing pursuant to this Section 2.01 shall be funded ratably by each Lender in accordance with its Applicable Lender Percentage of the aggregate Available Loan AmountAmount of all Borrowers.

Appears in 1 contract

Samples: Revolving Credit Agreement (SLR Private Credit BDC II LLC)

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