Examples of Temporary Increase in a sentence
Loans funded under the Temporary Increase (“Temporary Increase Loans”) shall be Loans and part of the Obligations in all respects and hence will be secured by the Collateral and will accrue interest just like all other Loans.
For the avoidance of doubt, no Temporary Increase Loan shall be reallocated as provided in this Section 2.15(d).
The portion of the unpaid principal amount of the Obligations with respect to Temporary Increase Loans, together with all accrued but unpaid interest thereon, shall be due and payable on the earlier of (i) the Temporary Increase Maturity Date and (ii) the Maturity Date.
BORROWERS:16 [T SERIES MIDDLE MARKET LOAN FUND LLC, a Delaware limited liability company, By: Name: Title:] [OTHER BORROWER] 16 Each Borrower shall sign a Temporary Increase Request.
Upon the Temporary Increase Effective Date, the Maximum Commitment will automatically increase.