Common use of Revolving Credit Facility; Approval Requests Clause in Contracts

Revolving Credit Facility; Approval Requests. (a) The Borrower, shall, on or prior to each proposed Acquisition Date of any Collateral Loan (whether proposed to be funded by an Advance or by the use of the cash proceeds contributed by the Equityholder, or by an in-kind contribution of Collateral Loans contributed by the Equityholder) provide to the Administrative Agent (with a copy to the Equityholder and Collateral Agent) a notice by electronic mail either in the form of Exhibit A hereto or containing the information set forth in Exhibit A hereto (together with any attachments or responses required in connection therewith, an “Approval Request”). Such approval may take the form of a standing list of pre-approved assets containing the characteristics of each pre-approved asset (other than purchase price), together with a notice of intention to trade containing the par amount and purchase price of the Collateral Loan(s) being acquired delivered on or prior to 11:00 a.m. on the proposed trade date.

Appears in 3 contracts

Samples: Credit and Security Agreement (Apollo Debt Solutions BDC), Credit and Security Agreement (Blackstone Private Credit Fund), Credit and Security Agreement (Blackstone Private Credit Fund)

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Revolving Credit Facility; Approval Requests. (a) The Borrower, shall, on or prior to each proposed Acquisition Date of any Collateral Loan Asset (whether proposed to be funded by an Advance or by the use of the cash proceeds contributed by the Equityholder, or by an in-kind contribution of Collateral Loans Assets contributed by the Equityholder) provide to the Administrative Agent (with a copy to the Equityholder and Collateral Agent) a notice by electronic mail either in the form of Exhibit A hereto or containing the information set forth in Exhibit A hereto (together with any attachments or responses required in connection therewith, an “Approval Request”). Such approval may take the form of a standing list of pre-approved assets containing the characteristics of each pre-approved preapproved asset (other than purchase price), together with a notice of intention to trade containing the par amount and purchase price of the Collateral Loan(sAsset(s) being acquired delivered on or prior to 11:00 a.m. on the proposed trade date.

Appears in 3 contracts

Samples: Credit and Security Agreement (Blue Owl Credit Income Corp.), Credit and Security Agreement (Blue Owl Technology Income Corp.), Credit and Security Agreement (Owl Rock Technology Income Corp.)

Revolving Credit Facility; Approval Requests. (a) The Borrower, shall, on or prior to each proposed Acquisition Date of any Collateral Loan Asset (whether proposed to be funded by an Advance or by the use of the cash proceeds contributed by the Equityholder, or by an in-kind contribution of Collateral Loans Assets contributed by the Equityholder) provide to the Administrative Agent (with a copy to the Equityholder and Collateral Agent) a notice by electronic mail either in the form of Exhibit A hereto or containing the information set forth in Exhibit A hereto (together with any attachments or responses required in connection therewith, an “Approval Request”). Such approval may take the form of a standing list of pre-approved assets containing the characteristics of each pre-approved asset (other than purchase price), together with a notice of intention to trade containing the par amount and purchase price of the Collateral Loan(sAsset(s) being acquired delivered on or prior to 11:00 a.m. on the proposed trade date.

Appears in 2 contracts

Samples: Credit and Security Agreement (LGAM Private Credit LLC), Credit and Security Agreement (LGAM Private Credit LLC)

Revolving Credit Facility; Approval Requests. (a) The Borrower, shall, on or prior to each proposed Acquisition Date of any Collateral Loan Asset (whether proposed to be funded by an Advance or by the use of the cash proceeds contributed by the Equityholder, or by an in-kind contribution of Collateral Loans Assets contributed by the Equityholder) provide to the Administrative Agent (with a copy to the Equityholder Equityholder, the Collateral Administrator and the Collateral Agent) a notice by electronic mail either in the form of Exhibit A hereto or containing the information set forth in Exhibit A hereto (together with any attachments or responses required in connection therewith, an “Approval Request”). Such approval may take the form of a standing list of pre-approved assets containing the characteristics of each pre-approved asset (other than purchase price), together with a notice of intention to trade containing the par amount and purchase price of the Collateral Loan(sAsset(s) being acquired delivered on or prior to 11:00 a.m. on the proposed trade date.

Appears in 2 contracts

Samples: Credit and Security Agreement (Diameter Credit Co), Credit and Security Agreement (Diameter Credit Co)

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Revolving Credit Facility; Approval Requests. (a) The Borrower, shall, on or prior to each proposed Acquisition Date of any Collateral Loan LoanAsset (whether proposed to be funded by an Advance or by the use of the cash proceeds contributed by the Equityholder, or by an in-kind contribution of Collateral Loans LoansAssets contributed by the Equityholder) provide to the Administrative Agent (with a copy to the Equityholder and Collateral Agent) a notice by electronic mail either in the form of Exhibit A hereto or containing the information set forth in Exhibit A hereto (together with any attachments or responses required in connection therewith, an “Approval Request”). Such approval may take the form of a standing list of pre-approved assets containing the characteristics of each pre-approved asset (other than purchase price), together with a notice of intention to trade containing the par amount and purchase price of the Collateral Loan(sLoan(Asset(s) being acquired delivered on or prior to 11:00 a.m. on the proposed trade date.

Appears in 1 contract

Samples: Credit and Security Agreement (Apollo Debt Solutions BDC)

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