Common use of Annual Rating Review Clause in Contracts

Annual Rating Review. (a) So long as any of the Debt of any Class remains Outstanding, on or before October 21st in each year commencing in 2023, the Issuer shall obtain and pay for an annual review of the rating of each such Class of Secured Debt from the Rating Agency, as applicable. The Issuer shall promptly notify the Collateral Trustee and the Collateral Manager in writing (and the Collateral Trustee shall promptly provide the Holders with a copy of such notice) if at any time the Issuer is notified or has actual knowledge that the then-current rating of any such Class of Secured Debt has been, or is known will be, changed or withdrawn.

Appears in 1 contract

Samples: Indenture and Security Agreement (Owl Rock Core Income Corp.)

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Annual Rating Review. (a) So long as any of the Debt of any Class remains Outstanding, on or before October 21st July 26th in each year commencing in 2023, the Issuer shall obtain and pay for an annual review of the rating of each such Class of Secured Debt from the Rating Agency, as applicable. The Issuer shall promptly notify the Collateral Trustee and the Collateral Manager in writing (and the Collateral Trustee shall promptly provide the Holders with a copy of such notice) if at any time the Issuer is notified or has actual knowledge that the then-current rating of any such Class of Secured Debt has been, or is known will be, changed or withdrawn.

Appears in 1 contract

Samples: Indenture and Security Agreement (Owl Rock Capital Corp)

Annual Rating Review. (a) So long as any of the Secured Debt of any Class remains Outstanding, on or before October 21st December 31 in each year commencing commending in 20232021, the Issuer shall obtain and pay for an annual review of the rating of each such Class of Secured Debt from the Rating Agency, as applicable. The Issuer shall promptly notify the Collateral Trustee and the Loan Agent and the Collateral Manager in writing (and the Collateral Trustee and the Loan Agent, as applicable shall promptly provide the Holders with a copy of such notice) if at any time the Issuer is notified or has actual knowledge that the then-current rating of any such Class of Secured Debt has been, or is known will be, changed or withdrawn.

Appears in 1 contract

Samples: GOLUB CAPITAL BDC, Inc.

Annual Rating Review. (a) So long as any of the Debt of any Class remains Outstanding, on or before October 21st May 24 in each year commencing in 20232024, the Issuer shall obtain and pay for an annual review of the rating of each such Class of Secured Debt from the Rating Agency, as applicable. The Issuer shall promptly notify the Collateral Trustee and the Collateral Manager in writing (and the Collateral Trustee shall promptly provide the Holders with a copy of such notice) if at any time the Issuer is notified or has actual knowledge that the then-current rating of any such Class of Secured Debt has been, or is known will be, changed or withdrawn.

Appears in 1 contract

Samples: Indenture and Security Agreement (Owl Rock Core Income Corp.)

Annual Rating Review. (a) So long as any of the Secured Debt of any Class remains remain Outstanding, on or before October 21st in each year commencing in 2023December 31, 2025, the Issuer shall obtain request and pay for an annual review of the rating of each such Class of Secured Debt from the Rating Agency, as applicable. The Issuer shall promptly notify the Collateral Trustee and the Collateral Manager in writing (and the Collateral Trustee and the shall each promptly provide the applicable Holders with a copy of such notice) if at any time the Issuer is notified or has actual knowledge that the then-current rating of any such Class of Secured Debt has been, or is known will be, changed or withdrawn.

Appears in 1 contract

Samples: Indenture Agreement (HPS Corporate Lending Fund)

Annual Rating Review. (a) So long as any of the Secured Debt of any Class remains remain Outstanding, on or before October 21st May 28th in each year year, commencing in 20232016, the Issuer Applicable Issuers shall obtain and pay for an annual review of the rating of each such Class of Secured Debt from the each Rating Agency, as applicable. The Issuer Applicable Issuers shall promptly notify the Collateral Trustee and the Collateral Manager in writing (and the Collateral Trustee shall promptly provide the Holders with a copy of such notice) if at any time the Issuer is notified or has actual knowledge that the then-current rating of any such Class of Secured Debt has been, or is known will shall be, changed or withdrawn.

Appears in 1 contract

Samples: Indenture (Fifth Street Senior Floating Rate Corp.)

Annual Rating Review. (a) So long as any of the Secured Debt of any Class remains remain Outstanding, on or before October 21st in each year commencing in 2023December 31, 2024, the Issuer shall obtain request and pay for an annual review of the rating of each such Class of Secured Debt from the Rating Agency, as applicable. The Issuer shall promptly notify the Collateral Trustee and the Collateral Manager in writing (and the Collateral Trustee and the shall each promptly provide the applicable Holders with a copy of such notice) if at any time the Issuer is notified or has actual knowledge that the then-current rating of any such Class of Secured Debt has been, or is known will be, changed or withdrawn.

Appears in 1 contract

Samples: Indenture Agreement (HPS Corporate Lending Fund)

Annual Rating Review. (a) So long as any of the Secured Debt of any Class remains Outstanding, on or before October 21st December 31 in each year commencing in 20232021, the Issuer Borrower shall obtain and pay for an annual review of the rating of each such Class of Secured Debt from the Rating Agency, as applicable. The Issuer Borrower shall promptly notify the Trustee, the Collateral Trustee Agent, the Loan Agent and the Collateral Manager in writing (and the Collateral Trustee Loan Agent shall promptly provide the Holders Lenders with a copy of such notice) if at any time the Issuer is notified or has actual knowledge that the then-current rating of any such Class of Secured Debt has been, been changed or is known withdrawn or the Borrower knows that any such rating will be, be changed or withdrawn.

Appears in 1 contract

Samples: Credit Agreement (GOLUB CAPITAL BDC, Inc.)

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Annual Rating Review. (a) So long as any of the Debt of any Class remains Outstanding, on or before October 21st September 1 in each year commencing in 20232020, the Issuer Borrowers shall obtain and pay for an annual review of the rating of each such Class of Secured Debt from the each Rating Agency, as applicable. The Issuer Borrowers shall promptly notify the Collateral Trustee Trustee, the Loan Agent and the Collateral Portfolio Manager in writing (and the Collateral Trustee Loan Agent shall promptly provide the Holders Lenders with a copy of such noticenotice upon request) if at any time the Issuer is notified or has actual knowledge that the then-current rating of any such Class of Secured Debt has been, or is known will shall be, changed or withdrawn.

Appears in 1 contract

Samples: Class a 1l Credit Agreement (Bain Capital Specialty Finance, Inc.)

Annual Rating Review. (a) So long as any of the Secured Debt of any Class remains Outstanding, on or before October November 21st in each year commencing in 20232024, the Issuer shall obtain and pay for an annual review of the rating of each such Class of Secured Debt from the Rating Agency, as applicable. The Issuer shall promptly notify the Collateral Trustee and the Collateral Manager in writing (and the Collateral Trustee shall promptly provide the Holders with a copy of such notice) if at any time the Issuer is notified or has actual knowledge that the then-current rating of any such Class of Secured Debt has been, or is known will be, changed or withdrawn.

Appears in 1 contract

Samples: Indenture and Security Agreement (Blue Owl Capital Corp III)

Annual Rating Review. (a) So long as any of the Secured Debt of any Class remains Outstanding, on or before October 21st December 13th in each year commencing in 20232024, the Issuer shall obtain and pay for an annual review of the rating of each such Class of Secured Debt from the Rating Agency, as applicable. The Issuer shall promptly notify the Collateral Trustee and the Collateral Manager in writing (and the Collateral Trustee shall promptly provide the Holders with a copy of such notice) if at any time the Issuer is notified or has actual knowledge that the then-current rating of any such Class of Secured Debt has been, or is known will be, changed or withdrawn.

Appears in 1 contract

Samples: Indenture and Security Agreement (Blue Owl Technology Finance Corp. II)

Annual Rating Review. (a) So long as any of the Secured Debt of any Class remains remain Outstanding, on or before October 21st December 31 in each year commencing in 2023, the Issuer shall obtain and pay for an annual review of the rating of each such Class of Secured Debt from the Rating Agency, as applicable. The Issuer shall promptly notify the Collateral Trustee Trustee, the Loan Agent and the Collateral Manager in writing (and the Collateral Trustee and the Loan Agent, as applicable, shall promptly provide the Holders with a copy of such notice) if at any time the Issuer is notified or has actual knowledge that the then-current rating of any such Class of Secured Debt has been, or is known will be, changed or withdrawn.

Appears in 1 contract

Samples: Golub Capital BDC 3, Inc.

Annual Rating Review. (a) So long as any of the Secured Debt of any Class remains remain Outstanding, on or before October 21st August 23 in each year commencing in 20232024, the Issuer Applicable Issuers shall obtain and pay for an annual review of the rating of each such Class of Secured Debt from the Rating Agency, as applicable. The Issuer Applicable Issuers shall promptly notify the Collateral Trustee and the Collateral Manager in writing (and the Collateral Trustee shall promptly provide the Holders with a copy of such notice) if at any time the Issuer is notified or has actual knowledge that the then-current then‑current rating of any such Class of Secured Debt has been, or is known will be, changed or withdrawn.

Appears in 1 contract

Samples: Indenture (Barings Private Credit Corp)

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