Substitution of Loan Assets. (a) The Seller shall have the right, but not the obligation, subject to the prior written consent of the Agent and the Purchaser, in their sole discretion, to substitute one or more Eligible Loan Assets (“Substitute Eligible Loan Asset”) for a Loan Asset (each such act, a “Substitution”).
Appears in 7 contracts
Samples: Second Tier Purchase and Sale Agreement (Ares Capital Corp), Second Tier Purchase and Sale Agreement (Ares Capital Corp), Purchase and Sale Agreement (Ares Capital Corp)
Substitution of Loan Assets. (a) The Seller shall have the right, but not the obligation, subject to the prior written consent of the Administrative Agent and the Purchaser, in their sole discretion, to substitute one or more Eligible Loan Assets (“Substitute Eligible Loan Asset”) for a Loan Asset (each such act, a “Substitution”).
Appears in 3 contracts
Samples: Purchase and Sale Agreement (Fifth Street Finance Corp), Purchase and Sale Agreement (Solar Capital Ltd.), Purchase and Sale Agreement (Fifth Street Finance Corp)
Substitution of Loan Assets. (a) The Seller Transferor shall have the right, but not the obligation, subject to the prior written consent of the Administrative Agent and the Purchaser, in their sole discretion, to substitute one or more Eligible Loan Assets (“Substitute Eligible Loan Asset”) for a Loan Asset (each such act, a “Substitution”).
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Apollo Debt Solutions BDC), Purchase and Sale Agreement (GOLUB CAPITAL BDC, Inc.)
Substitution of Loan Assets. (a) The Seller Purchaser shall have the right, but not the obligation, subject to the prior written consent of the Agent and the PurchaserAdministrative Agent, in their its sole discretion, to substitute one or more Eligible Loan Assets (“Substitute Eligible Loan Asset”) for a Loan Asset (each such act, a “Substitution”).
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Golub Capital Investment Corp), Purchase and Sale Agreement (Golub Capital BDC, Inc.)
Substitution of Loan Assets. (a) The Seller Contributor shall have the right, but not the obligation, subject to the prior written consent of the Administrative Agent and the PurchaserContributee, in their sole discretion, to substitute one or more Eligible Loan Assets (“Substitute Eligible Loan Asset”) for a Loan Asset (each such act, a “Substitution”).
Appears in 2 contracts
Samples: Contribution Agreement, Contribution Agreement (Solar Senior Capital Ltd.)
Substitution of Loan Assets. (a) The Seller Purchaser shall have the right, but not the obligation, subject to the prior written consent of the Administrative Agent and the PurchaserSeller, in their sole respective discretion, to substitute request the substitution of one or more Eligible Loan Assets (“Substitute Eligible Loan Asset”) for a Loan Asset (each such act, a “Substitution”).
Appears in 1 contract
Samples: Sale and Participation Agreement (Oaktree Strategic Credit Fund)
Substitution of Loan Assets. (a) The Seller Purchaser shall have the right, but not the obligation, subject to the prior written consent terms and conditions of the Agent Revolving Credit and the Purchaser, in their sole discretionSecurity Agreement, to substitute one or more Eligible Loan Assets Collateral Loans (“Substitute Eligible Loan AssetCollateral Loan”) for a Loan Asset (each such act, a “Substitution”).
Appears in 1 contract
Samples: Purchase and Sale Agreement (Pennantpark Investment Corp)
Substitution of Loan Assets. (a) The Seller Purchaser shall have the right, but not the obligation, subject to the prior written consent terms and conditions of the Agent Revolving Credit and the Purchaser, in their sole discretionSecurity Agreement, to substitute one or more Eligible Loan Assets Loans (“Substitute Eligible Loan AssetLoan”) for a Loan Asset (each such act, a “Substitution”).
Appears in 1 contract
Samples: Purchase and Contribution Agreement (Capitala Finance Corp.)
Substitution of Loan Assets. (a) The Seller shall have the right, but not the obligation, subject to the prior written consent of the Administrative Agent and the Purchaser, in their sole discretion, to substitute one or more Eligible Loan Assets (“Substitute Eligible Loan Asset”) for a Loan Asset (each such act, a “Substitution”).
Appears in 1 contract
