Additional Equity Contribution. Notwithstanding anything in this Agreement to the contrary, the Parent may, but shall have no obligation to, at any time or from time to time make a capital contribution to the Company for any purpose, including for the purpose of curing any Default or Event of Default, satisfying any Level A Asset Coverage Test, Level B Asset Coverage Test or Company Asset Coverage Test, in connection with enabling the acquisition or sale of any Fund Asset or satisfying any condition under Section 2.03. Each contribution shall either be made (a) in cash, (b) by assignment and contribution of Cash Equivalents and/or (c) by assignment and contribution of any Fund Asset.
Appears in 3 contracts
Sources: Credit and Security Agreement (FS Credit Opportunities Corp.), Credit and Security Agreement (FS Credit Opportunities Corp.), Credit and Security Agreement (FS Global Credit Opportunities Fund)