Voluntary Termination or Reduction. The Borrower may at any time terminate, or from time to time reduce, the Commitments ratably among each Class; provided that (i) each reduction of the Commitments pursuant to this Section 2.07(b) shall be in a minimum amount of at least $1,000,000 (or an amount less than $1,000,000 if the Commitments are being reduced to zero) and (ii) the Borrower shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Loans of any Class in accordance with Section 2.09, the total Credit Exposures of such Class would exceed the total Commitments of such Class.
Appears in 9 contracts
Samples: Senior Secured Revolving Credit Agreement (Barings BDC, Inc.), Senior Secured Revolving Credit Agreement (Barings BDC, Inc.), Senior Secured Revolving Credit Agreement (Barings BDC, Inc.)
Voluntary Termination or Reduction. The Borrower may at any time terminate, or from time to time reduce, the Commitments ratably among each Class; provided that (i) each reduction of the Commitments pursuant to this Section 2.07(b2.06(b) shall be in an amount that is $5,000,000 or a minimum amount larger multiple of at least $1,000,000 (or an amount less than $1,000,000 if the Commitments are being reduced to zero) in excess thereof and (ii) the Borrower shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Loans of any Class in accordance with Section 2.092.08, the total Revolving Credit Exposures of such Class would exceed the total Commitments of such Class.
Appears in 8 contracts
Samples: Senior Secured Revolving Credit Agreement (Sierra Income Corp), Senior Secured Revolving Credit Agreement (Alcentra Capital Corp), Senior Secured Revolving Credit Agreement (THL Credit, Inc.)
Voluntary Termination or Reduction. The Borrower may at any time terminate, or from time to time reduce, the Commitments ratably among each of any Class; provided that (i) each reduction of the Commitments pursuant to this Section 2.07(b) of a Class shall be in a minimum an amount that is $3,000,000 (or, if less, the entire remaining amount of at least the Commitments of any Class) or a larger multiple of $1,000,000 (or an amount less than $1,000,000 if the Commitments are being reduced to zero) in excess thereof and (ii) the Borrower shall not terminate or reduce the Dollar Commitments or the Multicurrency Commitments if, after giving effect to any concurrent prepayment of the Syndicated Loans of any such Class in accordance with Section 2.092.10, the total Revolving Credit Exposures of such Class would exceed the total Commitments of such Class.
Appears in 5 contracts
Samples: Senior Secured Credit Agreement (SLR Investment Corp.), Senior Secured Credit Agreement (SLR Investment Corp.), Senior Secured Credit Agreement (Solar Capital Ltd.)
Voluntary Termination or Reduction. The Borrower may at any time terminate, or from time to time reduce, the Commitments ratably among each of any Class; provided that (i) each reduction of the Commitments pursuant to this Section 2.07(b) of a Class shall be in a minimum an amount that is $5,000,000 (or, if less, the entire remaining amount of at least $1,000,000 (or an amount less than $1,000,000 if the Commitments are being reduced to zeroof any Class) or a larger multiple of $5,000,000 in excess thereof and (ii) the Borrower shall not terminate or reduce the Commitments of either Class if, after giving effect to any concurrent prepayment of the Syndicated Loans of any such Class in accordance with Section 2.092.10, the total Revolving Credit Exposures of such Class would exceed the total Commitments of such Class.
Appears in 5 contracts
Samples: Senior Secured Revolving Credit Agreement (BlackRock Capital Investment Corp), Senior Secured Revolving Credit Agreement (BlackRock Capital Investment Corp), Senior Secured Revolving Credit Agreement (BlackRock Capital Investment Corp)
Voluntary Termination or Reduction. The Borrower may at any time without premium or penalty terminate, or from time to time reduce, the Commitments ratably among (and within) each Class; provided that (i) each reduction of the Commitments pursuant to this Section 2.07(b) shall be in a minimum an amount that is $5,000,000 (or, if less, the entire remaining amount of at least the Commitments of any Class) or a larger multiple of $1,000,000 in excess thereof (or an the entire amount less than $1,000,000 if of the Commitments are being reduced to zeroof such Class) and (ii) the Borrower shall not terminate or reduce the Revolving Commitments if, immediately after giving effect to any concurrent prepayment of the Loans of any Class in accordance with Section 2.092.10, the total Revolving Credit Exposures of such Class would exceed the total Commitments of such Class.
Appears in 4 contracts
Samples: Senior Secured Credit Agreement (Blackstone Secured Lending Fund), Senior Secured Credit Agreement (Blackstone Private Credit Fund), Senior Secured Credit Agreement (Blackstone Private Credit Fund)
Voluntary Termination or Reduction. The Borrower may at any time terminate, or from time to time reduce, the Commitments ratably among each ClassCommitments; provided that (i) each reduction of the Commitments pursuant to this Section 2.07(b) shall be in a minimum an amount that is $25,000,000 (or, if less, the entire remaining amount of at least $1,000,000 (or an amount less than $1,000,000 if the Commitments are being reduced to zeroof any Class) or a larger multiple of $5,000,000 in excess thereof and (ii) the Borrower shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Loans of any Class in accordance with Section 2.09, the total Revolving Credit Exposures of such either Class would exceed the total Commitments of such Class.
Appears in 4 contracts
Samples: Senior Secured Revolving Credit Agreement (Corporate Capital Trust, Inc.), Senior Secured Revolving Credit Agreement (Ares Capital Corp), Senior Secured Revolving Credit Agreement (Ares Capital Corp)
Voluntary Termination or Reduction. The Borrower may at any time terminate, or from time to time reduce, the Commitments ratably among each Class; provided that (i) each reduction of the Commitments pursuant to this Section 2.07(b) shall be in a minimum amount of at least $1,000,000 5,000,000 (or an amount less than $1,000,000 if the Commitments are being reduced to zero) and (ii) the Borrower shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Loans of any Class in accordance with Section 2.09, the total Credit Exposures of such Class would exceed the total Commitments of such Class.
Appears in 4 contracts
Samples: Senior Secured Revolving Credit Agreement (Barings Capital Investment Corp), Senior Secured Revolving Credit Agreement (Barings Capital Investment Corp), Senior Secured Revolving Credit Agreement (Barings Capital Investment Corp)
Voluntary Termination or Reduction. The Borrower may at any time without premium or penalty terminate, or from time to time reduce, the Commitments ratably among each ClassCommitments; provided that (i) each reduction of the Commitments pursuant to this Section 2.07(b) shall be in a minimum an amount that is $25,000,000 (or, if less, the entire remaining amount of at least the Commitments of any Class) or a larger multiple of $1,000,000 5,000,000 in excess thereof (or an the entire amount less than $1,000,000 if of the Commitments are being reduced to zeroof such Class) and (ii) the Borrower shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Loans of any Class in accordance with Section 2.09, the total Revolving Credit Exposures of such either Class would exceed the total Commitments of such Class.
Appears in 3 contracts
Samples: Senior Secured Revolving Credit Agreement (Ares Capital Corp), Senior Secured Revolving Credit Agreement (Ares Capital Corp), Senior Secured Revolving Credit Agreement (Ares Capital Corp)
Voluntary Termination or Reduction. The Borrower may at any time terminate, or from time to time reduce, the Commitments ratably among each of any Class; provided that (i) each reduction of the Commitments pursuant to this Section 2.07(b) of a Class shall be in a minimum an amount that is $25,000,000 (or, if less, the entire remaining amount of at least $1,000,000 (or an amount less than $1,000,000 if the Commitments are being reduced to zeroof such Class) or a larger multiple of $5,000,000 in excess thereof and (ii) the Borrower shall not terminate or reduce the Commitments of any Class if, after giving effect to any concurrent prepayment of the Syndicated Loans of any such Class in accordance with Section 2.092.10, the total Revolving Credit Exposures of such Class would exceed the total Commitments of such Class.
Appears in 3 contracts
Samples: Senior Secured Revolving Credit Agreement (Apollo Investment Corp), Senior Secured Revolving Credit Agreement (Apollo Investment Corp), Senior Secured Revolving Credit Agreement (Apollo Investment Corp)
Voluntary Termination or Reduction. The Borrower may at any time terminate, or from time to time reduce, the Commitments ratably among each Class; provided that (i) each reduction of the Commitments pursuant to this Section 2.07(b) shall be in a minimum amount of at least $1,000,000 (or an amount less than that is $1,000,000 if the Commitments are being reduced to zero) 5,000,000 or a whole multiple of $100,000 in excess thereof and (ii) the Borrower shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Loans of any Class in accordance with Section 2.09, the total Revolving Credit Exposures of such Class would exceed the total Commitments of such Class.
Appears in 3 contracts
Samples: Senior Secured Revolving Credit Agreement (FS Investment CORP), Senior Secured Revolving Credit Agreement (FS Investment CORP), Senior Secured Revolving Credit Agreement (FS Investment Corp II)
Voluntary Termination or Reduction. The Borrower may at any time terminate, or from time to time reduce, the Commitments ratably among each Class; provided that (i) each reduction of the Commitments pursuant to this Section 2.07(b2.06(b) shall be in an amount (when considered in the aggregate with all reductions being applied contemporaneously to the Classes being reduced) that is $5,000,000 or a minimum amount larger multiple of at least $1,000,000 (or an amount less than $1,000,000 if the Commitments are being reduced to zero) in excess thereof and (ii) the Borrower shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Loans of any Class in accordance with Section 2.092.08, the total Revolving Credit Exposures of such Class would exceed the total Commitments of such Class.
Appears in 3 contracts
Samples: Senior Secured Revolving Credit Agreement (MONROE CAPITAL Corp), Senior Secured Revolving Credit Agreement (MONROE CAPITAL Corp), Senior Secured Revolving Credit Agreement (MONROE CAPITAL Corp)
Voluntary Termination or Reduction. The Borrower may at any time terminate, or from time to time reduce, the Commitments ratably among each of either Class; provided that (i) each reduction of the Commitments pursuant to this Section 2.07(b) of a Class shall be in a minimum amount of at least $1,000,000 (or an amount less than that is $1,000,000 if the Commitments are being reduced to zero) 25,000,000 or a larger multiple of $5,000,000 in excess thereof and (ii) the Borrower shall not terminate or reduce the Commitments of either Class if, after giving effect to any concurrent prepayment of the Syndicated Loans of any such Class in accordance with Section 2.092.10, the total Revolving Credit Exposures of such Class would exceed the total Commitments of such Class.
Appears in 2 contracts
Samples: Senior Secured Revolving Credit Agreement (Pennantpark Investment Corp), Senior Secured Revolving Credit Agreement (Apollo Investment Corp)
Voluntary Termination or Reduction. The Borrower may at any time terminate, or from time to time reduce, the Commitments ratably among each Class; provided that (i) each reduction of the Commitments pursuant to this Section 2.07(b2.06(b) shall be in an amount that is $5,000,000 or a minimum amount whole multiple of at least $1,000,000 100,000 in excess thereof (or an amount less than $1,000,000 5,000,000 if the Commitments of any Class are being reduced to zero) and (ii) the Borrower shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Loans of any Class in accordance with Section 2.092.08, the total Revolving Credit Exposures of such Class would exceed the total Commitments of such Class.
Appears in 2 contracts
Samples: Senior Secured Revolving Credit Agreement (BlackRock TCP Capital Corp.), Senior Secured Revolving Credit Agreement (BlackRock TCP Capital Corp.)
Voluntary Termination or Reduction. The Borrower may at any time terminate, or from time to time reduce, the Commitments ratably among each of any Class; , provided that (i) each reduction of the Commitments pursuant to this Section 2.07(b) of a Class shall be in a minimum an amount that is $5,000,000 (or, if less, the entire remaining amount of at least $1,000,000 (or an amount less than $1,000,000 if the Commitments are being reduced to zeroof any Class) or a larger multiple of $5,000,000 in excess thereof and (ii) the Borrower shall not terminate or reduce the Commitments of either Class if, after giving effect to any concurrent prepayment of the Syndicated Loans of any such Class in accordance with Section 2.092.10, the total Revolving Credit Exposures of such Class would exceed the total Commitments of such Class.
Appears in 2 contracts
Samples: Senior Secured Revolving Credit Agreement (BlackRock Kelso Capital CORP), Senior Secured Revolving Credit Agreement (BlackRock Kelso Capital CORP)
Voluntary Termination or Reduction. The Borrower may at any time terminate, or from time to time reduce, the Commitments ratably among each Class; provided that (i) each reduction of the Commitments pursuant to this Section 2.07(b2.06(b) shall be in a minimum amount of at least $1,000,000 (or an amount less than that is $1,000,000 if the Commitments are being reduced to zero) 5,000,000 or a larger multiple of $100,000 in excess thereof and (ii) the Borrower shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Loans of any Class in accordance with Section 2.092.08, the total Revolving Credit Exposures of such Class would exceed the total Commitments of such Class.
Appears in 2 contracts
Samples: Senior Secured Revolving Credit Agreement (Lafayette Square USA, Inc.), Senior Secured Revolving Credit Agreement (Lafayette Square USA, Inc.)
Voluntary Termination or Reduction. The Borrower may at any time terminate, or from time to time reduce, the Commitments ratably among each of any Class; provided that (i) each reduction of the Commitments pursuant to this Section 2.07(b) shall be in a minimum an amount that is $5,000,000 (or, if less, the entire remaining amount of at least the Commitments of any Class) or a larger multiple of $1,000,000 (or an amount less than $1,000,000 if the Commitments are being reduced to zero) in excess thereof and (ii) the Borrower shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Loans of any Class in accordance with Section 2.09, the total Revolving Credit Exposures of such either Class would exceed the total Commitments of such Class.
Appears in 1 contract
Samples: Senior Secured Credit Agreement (FS Energy & Power Fund)
Voluntary Termination or Reduction. The Borrower may at any time terminate, or from time to time reduce, the Commitments ratably among each Class; provided that (i) each reduction of the Commitments pursuant to this Section 2.07(b) shall be in an amount that is $5,000,000 or a minimum amount larger multiple of at least $1,000,000 (or an amount less than $1,000,000 if the Commitments are being reduced to zero) in excess thereof and (ii) the Borrower shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Loans of any Class in accordance with Section 2.09, the total Revolving Credit Exposures of such Class would exceed the total Commitments of such Class.
Appears in 1 contract
Samples: Senior Secured Revolving Credit Agreement (THL Credit, Inc.)
Voluntary Termination or Reduction. The Borrower may at any time terminate, or from time to time reduce, the Commitments ratably among each of any Class; provided that that, except for any terminations and/or reductions made pursuant to Section 2.18(b), (i) each reduction of the Commitments pursuant to this Section 2.07(b) of a Class shall be in a minimum an amount that is $5,000,000 (or, if less, the entire remaining amount of at least $1,000,000 (or an amount less than $1,000,000 if the Commitments are being reduced to zeroof any Class) or a larger multiple of $5,000,000 in excess thereof and (ii) the Borrower shall not terminate or reduce the Commitments of either Class if, after giving effect to any concurrent prepayment of the Syndicated Loans of any such Class in accordance with Section 2.092.10, the total Revolving Credit Exposures of such Class would exceed the total Commitments of such Class.
Appears in 1 contract
Samples: Senior Secured Revolving Credit Agreement (BlackRock TCP Capital Corp.)
Voluntary Termination or Reduction. The Borrower may at any time terminate, or from time to time reduce, the Commitments ratably among each of any Class; , provided that (i) each reduction of the Commitments pursuant to this Section 2.07(b) of a Class shall be in a minimum amount of at least $1,000,000 (or an amount less than that is $1,000,000 if the Commitments are being reduced to zero) 5,000,000 or a larger multiple of $5,000,000 in excess thereof and (ii) the Borrower shall not terminate or reduce the Revolving Commitments of either Class if, after giving effect to any concurrent prepayment of the Syndicated Revolving Loans of any such Class in accordance with Section 2.092.10, the total Revolving Credit Exposures of such Class would exceed the total Revolving Commitments of such Class.
Appears in 1 contract
Samples: Senior Secured Credit Agreement (BlackRock Kelso Capital CORP)
Voluntary Termination or Reduction. The Borrower may at any time terminate, or from time to time reduce, the Commitments ratably among each of eitherany Class; provided that (i) each reduction of the Commitments pursuant to this Section 2.07(b) of a Class shall be in a minimum amount of at least $1,000,000 (or an amount less than that is $1,000,000 if the Commitments are being reduced to zero) 25,000,000 or a larger multiple of $5,000,000 in excess thereof and (ii) the Borrower shall not terminate or reduce the Commitments of eitherany Class if, after giving effect to any concurrent prepayment of the Syndicated Loans of any such Class in accordance with Section 2.092.10, the total Revolving Credit Exposures of such Class would exceed the total Commitments of such Class.
Appears in 1 contract
Samples: Amended and Restated Senior Secured Revolving Credit Agreement (Apollo Investment Corp)
Voluntary Termination or Reduction. The Borrower may at any time terminate, or from time to time reduce, the Commitments ratably among each Class; provided that (i) each reduction of the Commitments pursuant to this Section 2.07(b) shall be in a minimum an amount of at least that is $1,000,000 (or an amount less than a whole multiple of $1,000,000 if the Commitments are being reduced to zero) 100,000 in excess thereof and (ii) the Borrower shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Loans of any Class in accordance with Section 2.09, the total Revolving Credit Exposures of such Class would exceed the total Commitments of such Class.
Appears in 1 contract
Samples: Senior Secured Revolving Credit Agreement (FS Energy & Power Fund)
Voluntary Termination or Reduction. The Borrower may at any time terminate, or from time to time reduce, the Commitments ratably among each of any Class; provided that (i) each reduction of the Commitments pursuant to this Section 2.07(b) of a Class shall be in an amount that is $5,000,000 or a minimum amount larger multiple of at least $1,000,000 (or an amount less than $1,000,000 if the Commitments are being reduced to zero) in excess thereof and (ii) the Borrower shall not terminate or reduce the Commitments of either Class if, after giving effect to any concurrent prepayment of the Syndicated Loans of any such Class in accordance with Section 2.092.10, the total Revolving Credit Exposures of such Class would exceed the total Commitments of such Class.
Appears in 1 contract
Samples: Senior Secured Revolving Credit Agreement (Solar Capital Ltd.)
Voluntary Termination or Reduction. The Borrower may at any time terminate, or from time to time reduce, the Commitments ratably among each Class; provided that (i) each reduction of the Commitments pursuant to this Section 2.07(b2.067(b) shall be in an amount that is $5,000,000 or a minimum amount larger multiple of at least $1,000,000 (or an amount less than $1,000,000 if the Commitments are being reduced to zero) in excess thereof and (ii) the Borrower shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Loans of any Class in accordance with Section 2.092.089, the total Revolving Credit Exposures of such Class would exceed the total Commitments of such Class.
Appears in 1 contract
Samples: Senior Secured Revolving Credit Agreement (THL Credit, Inc.)
Voluntary Termination or Reduction. The Borrower may at any time terminate, or from time to time reduce, the Commitments ratably among each of any Class; provided that (i) each reduction of the Commitments pursuant to this Section 2.07(b) of a Class shall be in a minimum amount of at least $1,000,000 (or an amount less than that is $1,000,000 if the Commitments are being reduced to zero) 5,000,000 or a larger multiple of $5,000,000 in excess thereof and (ii) the Borrower shall not terminate or reduce the Commitments of either Class if, after giving effect to any concurrent prepayment of the Syndicated Loans of any such Class in accordance with Section 2.092.10, the total Revolving Credit Exposures of such Class would exceed the total Commitments of such Class.
Appears in 1 contract
Samples: Senior Secured Revolving Credit Agreement (BlackRock Kelso Capital CORP)
Voluntary Termination or Reduction. The Borrower may at any time terminate, or from time to time reduce, the Commitments ratably among each Class; provided that (i) each reduction of the Commitments pursuant to this Section 2.07(b2.06(b) shall be in an amount that is $5,000,000 or a minimum amount larger multiple of at least $1,000,000 100,000 in excess thereof (or an amount less than $1,000,000 5,000,000 if the Commitments of any Class are being reduced to zero) and (ii) the Borrower shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Loans of any Class in accordance with Section 2.092.08, the total Revolving Credit Exposures of such Class would exceed the total Commitments of such Class.
Appears in 1 contract
Samples: Senior Secured Revolving Credit Agreement (TCP Capital Corp.)