Unquoted Investments External Review. With respect to Portfolio Investments for which market quotations are not readily available (“Unquoted Investments”), the Borrower shall value such Portfolio Investments quarterly in a manner consistent with its “Net Asset Valuation Policy” (the “Valuation Policy”), including valuation of at least 35% by value of all Unquoted Investments using the assistance of an Approved Third Party Appraiser.
Appears in 8 contracts
Samples: Senior Secured Credit Agreement (Ares Capital Corp), Senior Secured Credit Agreement (Ares Capital Corp), Senior Secured Credit Agreement (Ares Capital Corp)
Unquoted Investments External Review. With respect to Portfolio Investments for which market quotations are not readily available (“Unquoted Investments”), the Borrower shall value such Portfolio Investments quarterly in a manner consistent with its “Net Asset the Valuation Policy” Policy of Benefit Street Partners L.L.C. (the “Valuation Policy”), including valuation of at least 35% by value of all Unquoted Investments using the assistance of an Approved Third Party Appraiser.
Appears in 2 contracts
Samples: Senior Secured Credit Agreement (Franklin BSP Capital Corp), Senior Secured Credit Agreement (Franklin BSP Lending Corp)
Unquoted Investments External Review. With respect to Portfolio Investments for which market quotations are not readily available (“Unquoted Investments”)available, the Borrower shall value such Portfolio Investments quarterly in a manner consistent with its “Net Asset Valuation Policy” valuation policy (the “Valuation Policy”), including valuation as more specifically set forth Part D.3 of at least 35% the Investment Policies (as supplemented by value of all Unquoted Investments using the assistance of an Approved Third Party Appraiser“Net Asset Valuation Policy” for the Borrower previously delivered to the Lenders).
Appears in 1 contract
Samples: Senior Secured Revolving Credit Agreement (Ares Capital Corp)
