Contribution Value. The value assigned to each item of Contributed Portfolio Contributed to the Contributee hereunder (the “Contribution Value”) shall be in a dollar amount equal to the fair market value of such Loan Asset as determined from time to time by the Contributor and the Contributee. Each of the Contributee and the Contributor hereby agree that the fair market value of each Loan Asset Contributed hereunder as of the related Contribution Date shall not be less than the Advance Date Assigned Value thereof multiplied by the Outstanding Principal Balance of such Loan Asset on the related Contribution Date.
Appears in 2 contracts
Sources: Contribution Agreement, Contribution Agreement (Solar Senior Capital Ltd.)