Common use of Transfers of Capital Commitments Clause in Contracts

Transfers of Capital Commitments. No Borrower Party shall either (i) transfer the Unfunded Commitments of one or more Investors to any other Person, or (ii) cause Capital Contributions to be made to another Person, in either case, unless such Person has joined the Credit Agreement as a Fund Borrower in accordance with Section 7.04. No Fund Borrower shall cause Capital Contributions to be made to any Person that is not a Borrower Party hereunder.

Appears in 3 contracts

Samples: Revolving Credit Agreement (AGTB Private BDC), Revolving Credit Agreement (Franklin BSP Capital Corp), Revolving Credit Agreement (Franklin BSP Capital Corp)

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Transfers of Capital Commitments. No Borrower Party shall either (i) transfer the Unfunded Commitments of one or more Investors to any other PersonPerson (other than a transfer permitted under Section 10.06), or (ii) cause Capital Contributions to be made to another Person, in either case, unless such Person has joined the Credit Agreement as a Fund Borrower in accordance with Section 7.04. No Fund Borrower shall cause Capital Contributions to be made to any Person that is not a Borrower Party hereunder.

Appears in 1 contract

Samples: Revolving Credit Agreement (Carlyle Secured Lending III)

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