Common use of Terms of Loans Issued on the Commitment Increase Date Clause in Contracts

Terms of Loans Issued on the Commitment Increase Date. The terms and provisions of any new Loans issued by any Assuming Lender or Increasing Lender, and the Commitment Increase of any Assuming Lender or Increasing Lender, (A) in the case of a Commitment Increase under the Revolving Commitments, shall be identical to the terms and provisions of Loans issued by, and the Commitments of, the Revolving Lenders immediately prior to the applicable Commitment Increase Date (except that any upfront or similar one-time fee may be different) and (B) in the case of a Commitment Increase under the Term Commitments, shall be identical to the terms and provisions of the Initial Term Loans (except that any upfront or similar one-time fee may be different).

Appears in 16 contracts

Samples: Guarantee and Security Agreement (Bain Capital Specialty Finance, Inc.), Senior Secured Credit Agreement (Blue Owl Technology Income Corp.), Credit Agreement (AB Private Lending Fund)

AutoNDA by SimpleDocs

Terms of Loans Issued on the Commitment Increase Date. The terms and provisions of any new Loans issued by any Assuming Lender or Increasing Lender, and the Commitment Increase of any Assuming Lender or Increasing Lender, (A) in the case of a Commitment Increase under the Revolving Commitments, shall be identical to the terms and provisions of Loans issued by, and the Commitments of, the Revolving Lenders immediately prior to the applicable Commitment Increase Date (except that any upfront or similar one-time fee may be different) ), and (B) in the case of a Commitment Increase under the Term Commitments, shall be identical to as agreed among the terms Borrower and provisions any Assuming Lender and/or Increasing Lender participating therein, which, for the avoidance of the Initial Term Loans (except that any upfront or similar one-time fee doubt, may be different)different for each Class of Incremental Term Commitments.

Appears in 11 contracts

Samples: Senior Secured Credit Agreement (Blackstone Private Credit Fund), Senior Secured Credit Agreement (Blackstone Secured Lending Fund), Extension Agreement (Blackstone Private Credit Fund)

Terms of Loans Issued on the Commitment Increase Date. The terms and provisions of any new Loans issued by any Assuming Lender or Increasing Lender, and the Commitment Increase of any Assuming Lender or Increasing Lender, (A) in the case of a Commitment Increase under the Revolving Commitments, shall be identical to the terms and provisions of Loans issued by, and the Commitments of, the Revolving Lenders immediately prior to the applicable Commitment Increase Date (except that any upfront or similar one-time fee may be different) ). and (B) in the case of a Commitment Increase under consisting of the creation of a new Class of Incremental Term CommitmentsLoans, shall be identical to the terms and provisions of the Initial such Incremental Term Loans shall be as set forth herein (except that any upfront or similar one-time fee may be differentseparately agreed).

Appears in 1 contract

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

Terms of Loans Issued on the Commitment Increase Date. The terms and provisions of any new Loans issued by any Assuming Lender or Increasing Lender, and the Commitment Increase of any Assuming Lender or Increasing Lender, (A) in the case of a Commitment Increase under the Revolving Commitments, Commitments shall be identical to the terms and provisions of Loans issued by, and the Commitments of, the Revolving Lenders immediately prior to the applicable Commitment Increase Date (except that any upfront or similar one-time fee may be different) and (B) in the case of a Commitment Increase under the Incremental Term CommitmentsLoans, shall be identical to the terms and provisions of the Initial such Incremental Term Loans shall be as set forth herein (except that any upfront or similar one-time fee may be differentseparately agreed).

Appears in 1 contract

Samples: Senior Secured Credit Agreement (BlackRock Private Credit Fund)

AutoNDA by SimpleDocs

Terms of Loans Issued on the Commitment Increase Date. The terms and provisions of any new Loans issued by any Assuming Lender or Increasing Lender, and the Commitment Increase of any Assuming Lender or Increasing Lender, (A) in the case of a Commitment Increase under the Revolving Commitments, shall be identical to the terms and provisions of Loans issued by, and the Commitments of, the Revolving Lenders immediately prior to the applicable Commitment Increase Date (except that any upfront or similar one-time fee may be different) and (B) in the case of a Commitment Increase under consisting of the creation of a new Class of Incremental Term Commitments, shall be identical to Loans the terms and provisions of the Initial such Incremental Term Loans shall be as set forth herein (except that any upfront or similar one-time fee may be differentseparately agreed).

Appears in 1 contract

Samples: Senior Secured Revolving Credit Agreement (Varagon Capital Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!