Examples of Capital Calls in a sentence
To the extent required to implement the sharing of payments under this Section 13.03, each Lender hereby authorizes and directs the Administrative Agent to distribute any proceeds from Capital Calls or proceeds from the exercise of remedies under the Collateral Documents held by the Administrative Agent to Lenders consistent with the terms of this Section 13.03.
None of the Loan Parties or the Investment Advisor shall, without the prior written consent of the Administrative Agent, take any action that would cause any condition precedent to any Initial Included Investor’s obligation to fund Capital Calls as set forth in its Subscription Agreement to not be satisfied at any time.
Notwithstanding anything to the contrary herein contained, it is expressly understood and agreed that neither the Administrative Agent, nor any Lender undertakes any duties, responsibilities, or liabilities with respect to Capital Calls.