Common use of Timing of Approval Requests Clause in Contracts

Timing of Approval Requests. No later than five (5) Agent Business Days (or such shorter period as the Administrative Agent may agree in its sole discretion) before the date on which the Company proposes that a commitment to acquire any Portfolio Investment be made by it or for its account (a “Purchase Commitment”), the Company shall cause the Investment Manager to deliver to the Administrative Agent a request (an “Approval Request”) for such Purchase.

Appears in 6 contracts

Samples: Loan Agreement, Loan Agreement (FS Investment CORP), Loan Agreement (FS Investment Corp II)

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Timing of Approval Requests. No later than five (5) Agent Business Days (or such shorter period as the Administrative Agent may agree in its sole discretion) before the date on which the Company proposes that a commitment to acquire any Portfolio Investment be made by it or for its account (a "Purchase Commitment”)") or that a Substitution occur, the Company shall cause the Investment Manager to deliver to the Administrative Agent a request (an "Approval Request") for such PurchasePurchase or Substitution (with a copy to the Collateral Agent).

Appears in 2 contracts

Samples: Loan Agreement (Guggenheim Credit Income Fund), Loan Agreement (Carey Credit Income Fund)

Timing of Approval Requests. No later than five (5) Agent Business Days (or such shorter period as the Administrative Agent may agree in its sole discretion) before the date on which the Company proposes that a binding commitment to acquire any Portfolio Investment be made by it or for its account (a “Purchase Commitment”)) or that a Substitution occur, the Company Portfolio Manager, on behalf of the Company, shall cause the Investment Manager to deliver to the Administrative Agent a request (an “Approval Request”) for such Purchase.

Appears in 1 contract

Samples: Loan Agreement (Sierra Income Corp)

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Timing of Approval Requests. No later than five (5) Agent Business Days (or such shorter period as the Administrative Agent may agree in its sole discretion) before the date on which the Company proposes that a commitment to acquire any Portfolio Investment be made by it or for its account (a “Purchase Commitment”)) or that a Substitution occur, the Company shall cause the Investment Manager to deliver to the Administrative Agent a request (an “Approval Request”) for such PurchasePurchase or Substitution (with a copy to the Collateral Agent).

Appears in 1 contract

Samples: Loan Agreement (Carey Credit Income Fund - I)

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