Common use of Temporary Increase Loans Clause in Contracts

Temporary Increase Loans. Upon the Temporary Increase Effective Date, the Maximum Commitment will automatically increase. Loans funded under the Temporary Increase (“Temporary Increase Loans”) shall be Loans and part of the Obligations in all respects and hence will be secured by the Collateral and will accrue interest just like all other Loans. Temporary Increase Loans are pari passu with all other Loans in all respects.

Appears in 4 contracts

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

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