Common use of Capital Commitments and Contributions Clause in Contracts

Capital Commitments and Contributions. (a) Each of the Investors are set forth on Schedule 3.20 (as supplemented pursuant to Section 5.01(k), Section 6.14(c) or (d) or as otherwise updated in a writing delivered to the Administrative Agent) and incorporated herein by reference. As of the Effective Date, the aggregate amount of Capital Commitments of the Investors is set forth on Schedule 3.20, and the aggregate Unfunded Capital Commitment that could be subject to a Capital Call is set forth on Schedule 3.20. (b) The aggregate amount of the Unfunded Capital Commitments of all Investors as of the date hereof is $62,543,744. The aggregate amount of the Unfunded Capital Commitments of all Borrowing Base Investors as of the date hereof is $62,129,344. There are no Capital Call Notices outstanding except as otherwise disclosed in writing to the Administrative Agent. To the Borrower’s knowledge, no Investor is in default under any Governing Agreement or its Subscription Documents. Prior to the date hereof, the Borrower has satisfied all conditions to its rights to make a Capital Call, including any and all conditions contained in its organizational documents or the Subscription Documents.

Appears in 3 contracts

Sources: Senior Secured Revolving Credit Agreement (Lafayette Square USA, Inc.), Senior Secured Revolving Credit Agreement (Lafayette Square USA, Inc.), Senior Secured Revolving Credit Agreement (Lafayette Square USA, Inc.)