Examples of Capital Call in a sentence
Neither the Administrative Agent nor the Lenders shall be deemed to make at any time any representation or warranty as to the validity of any Capital Call Notice nor shall the Administrative Agent or the Lenders be accountable for the applicable Borrower’s use of the proceeds of any Capital Call Notice.
No Borrower shall take, or permit to be taken, any action which could result in the occurrence of a Capital Call Termination Event prior to the Stated Maturity Date.
None of them has any duty to inquire into the use, purpose, or reasons for the making of any Capital Call or with respect to the investment or the use of the proceeds thereof.
Other than with respect to a Capital Call for the Initial Capital Contribution, any Call Notice may be withdrawn by the General Partner, or the Capital Amount that is the subject of the Call Notice reduced proportionally amount the Class A Partners in accordance with their respective Commitment Percentages at any time prior to the Funding Date for such Call Notice.
None of them shall be required to refer to the Constituent Documents of any Borrower, or take any other action with respect to any other matter which might arise in connection with such Constituent Documents or the Subscription Agreements, or any Capital Call.