Common use of Tax Redemption Clause in Contracts

Tax Redemption. (a) The Securities shall be redeemed in whole but not in part (any such redemption, a “Tax Redemption”) at their applicable Redemption Prices at the written direction (delivered to the Trustee) of (x) a Majority of any Affected Class or (y) a Majority of the Preferred Shares, in either case following the occurrence and continuation of a Tax Event.

Appears in 18 contracts

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

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Tax Redemption. (a) The Securities shall be redeemed or prepaid, as applicable, in whole but not in part (any such redemption, a “Tax Redemption”) at their applicable Redemption Prices at the written direction (delivered to the Collateral Trustee) of (x) a Majority of any Affected Class or (y) a Majority of the Preferred Shares, in either case following the occurrence and continuation of a Tax Event.

Appears in 3 contracts

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

Tax Redemption. (a) The Securities Secured Debt shall be redeemed (or in the case of the Class A Loans, prepaid) in whole but not in part (any such redemption, a “Tax Redemption”) at their applicable Redemption Prices at the written direction (delivered to the TrusteeCollateral Trustee and the Loan Agent) of (x) a Majority of any Affected Class or (y) a Majority of the Preferred SharesSubordinated Securities, in either case following the occurrence and continuation of a Tax Event.

Appears in 2 contracts

Samples: Supplemental Indenture (Owl Rock Capital Corp), Indenture and Security Agreement (Owl Rock Capital Corp)

Tax Redemption. (a) The Securities Debt shall be redeemed in whole but not in part (any such redemption, a “Tax Redemption”) on any Payment Date at their its applicable Redemption Prices Price at the written direction (delivered to the Trustee) of (x) a Majority of any Affected Class or (y) a Majority of the Preferred SharesSubordinated Notes, in either case following the occurrence and continuation of a Tax Event.

Appears in 2 contracts

Samples: Indenture Agreement (HPS Corporate Lending Fund), Indenture Agreement (HPS Corporate Lending Fund)

Tax Redemption. (a) The Securities shall be redeemed in whole but not in part (any such redemption, a "Tax Redemption") at their applicable Redemption Prices at the written direction (delivered to the Trustee) of (x) a Majority of any Affected Class or (y) a Majority of the Preferred Shares, in either case following the occurrence and continuation of a Tax Event.

Appears in 2 contracts

Samples: Indenture and Security Agreement (Owl Rock Capital Corp), Indenture and Security Agreement (Owl Rock Capital Corp)

Tax Redemption. (a) The Securities shall be redeemed or prepaid, as applicable, in whole but not in part (any such redemption, a “Tax Redemption”) at their applicable Redemption Prices at the written direction (delivered to the Trustee) of (x) a Majority of any Affected Class or (y) a Majority of the Preferred Shares, in either case following the occurrence and continuation of a Tax Event.

Appears in 1 contract

Samples: Indenture and Security Agreement (Blue Owl Capital Corp II)

Tax Redemption. (a) The Securities Debt shall be redeemed in whole but not in part (any such redemption, a “Tax Redemption”) at their applicable Redemption Prices at the written direction (delivered to the Collateral Trustee) of (x) a Majority of any Affected Class or (y) a Majority of the Preferred Shares, in either case following the occurrence and continuation of a Tax Event.

Appears in 1 contract

Samples: Indenture and Security Agreement (Blue Owl Technology Finance Corp. II)

Tax Redemption. (a) The Securities shall be redeemed (or prepaid, as applicable) in whole but not in part (any such redemption, a “Tax Redemption”) at their applicable Redemption Prices at the written direction (delivered to the Collateral Trustee) of (x) a Majority of any Affected Class or (y) a Majority of the Preferred Shares, in either case following the occurrence and continuation of a Tax Event.

Appears in 1 contract

Samples: Indenture and Security Agreement (Owl Rock Capital Corp)

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Tax Redemption. (a) The Securities Debt shall be redeemed or prepaid, as applicable, in whole but not in part (any such redemption, a “Tax Redemption”) at their applicable Redemption Prices at the written direction (delivered to the Collateral Trustee) of (x) a Majority of any Affected Class or (y) a Majority of the Preferred Shares, in either case following the occurrence and continuation of a Tax Event.

Appears in 1 contract

Samples: Indenture and Security Agreement (Blue Owl Credit Income Corp.)

Tax Redemption. (a) The Securities shall be redeemed in whole (with respect to all Classes of Securities) but not in part (any such redemption, a "Tax Redemption") at their applicable Redemption Prices at the written direction (delivered to the Trustee) of (x) a Majority of any Affected Class or (y) a Majority of the Preferred Shares, in either case following the occurrence and continuation of a Tax Event.

Appears in 1 contract

Samples: Indenture (MSD Investment Corp.)

Tax Redemption. (a) The Securities Debt shall be redeemed or prepaid, as applicable, in whole but not in part (any such redemption, a “Tax Redemption”) at their applicable Redemption Prices at the written direction (delivered to the Trustee) of (x) a Majority of any Affected Class or (y) a Majority of the Preferred Shares, in either case following the occurrence and continuation of a Tax Event.

Appears in 1 contract

Samples: Indenture and Security Agreement (Blue Owl Capital Corp III)

Tax Redemption. (a) The Securities Secured Debt shall be redeemed (or in the case of the Class A Loans, prepaid), as applicable, in whole but not in part (any such redemption, a “Tax Redemption”) at their applicable Redemption Prices at the written direction (delivered to the TrusteeCollateral Trustee and the Loan Agent) of (x) a Majority of any Affected Class or (y) a Majority of the Preferred Subordinated SecuritiesPreferred Shares, in either case following the occurrence and continuation of a Tax Event.

Appears in 1 contract

Samples: Indenture and Security Agreement (Blue Owl Capital Corp)

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