Common use of Deemed Capital Contributions Clause in Contracts

Deemed Capital Contributions. Without the prior written consent of the Administrative Agent and all Lenders, the Primary Borrower or the Guarantor shall not reinvest Portfolio Investment proceeds which are distributable to Investors if such reinvestment would reduce the Unfunded Capital Commitment of one or more Investors and cause the Principal Obligations to exceed the Available Commitment unless, prior to such reinvestment, the applicable Borrowers shall make any prepayment required under Section 2.1(e).

Appears in 8 contracts

Samples: Revolving Credit Agreement (MN8 Energy, Inc.), Revolving Credit Agreement (MN8 Energy, Inc.), Revolving Credit Agreement (MN8 Energy, Inc.)

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Deemed Capital Contributions. Without the prior written consent of the Administrative Agent and all the Required Lenders, none of the Primary Borrowers shall, nor shall any Borrower or the Guarantor shall not permit any of its Feeder to, reinvest Portfolio Investment proceeds which are distributable to Investors investors if such reinvestment would reduce the Unfunded Capital Commitment of one or more Investors investors and cause the Dollar Equivalent of Principal Obligations to exceed the Available Commitment unless, prior to such reinvestment, the applicable Borrowers shall make any resulting prepayment required under Section 2.1(e)) of this Credit Agreement.

Appears in 4 contracts

Samples: Revolving Credit Agreement (T Series Middle Market Loan Fund LLC), Revolving Credit Agreement (T Series Middle Market Loan Fund LLC), Revolving Credit Agreement (T Series Middle Market Loan Fund LLC)

Deemed Capital Contributions. Without the prior written consent of the Administrative Agent and all Lenders, none of the Primary Borrowers which are Funds shall, nor shall any Borrower permit any Pledgor or the Guarantor shall not General Partner to, reinvest Portfolio Fund Investment proceeds which are distributable to Investors if such reinvestment would reduce the Unfunded Capital Commitment of one or more Investors and cause the Principal Obligations to exceed the Available Commitment unless, prior to such reinvestment, the applicable Borrowers shall make any prepayment required under Section 2.1(e).

Appears in 2 contracts

Samples: Revolving Credit Agreement (Goldman Sachs Middle Market Lending Corp. II), Revolving Credit Agreement (Goldman Sachs Middle Market Lending Corp. II)

Deemed Capital Contributions. Without the prior written consent of the Administrative Agent and all Lenders, none of the Primary Borrowers which are Funds, shall, nor shall any Borrower or permit any of the Guarantor shall not Fund GPs to, reinvest Portfolio Investment proceeds which are distributable to Investors if such reinvestment would reduce the Unfunded Capital Commitment of one or more Investors and cause the Principal Obligations to exceed the Available Commitment unless, prior to such reinvestment, the applicable Borrowers shall make any prepayment required under Section 2.1(e).

Appears in 1 contract

Samples: Revolving Credit Agreement (BlackRock Direct Lending Corp.)

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Deemed Capital Contributions. Without the prior written consent of the Administrative Agent and all Lenders, the Primary Borrower or the Guarantor shall not reinvest Portfolio Fund Investment proceeds which are distributable to Investors if such reinvestment would reduce the Unfunded Capital Commitment of one or more Investors and cause the Principal Obligations to exceed the Available Commitment unless, prior to such reinvestment, the applicable Borrowers shall make any prepayment required under Section 2.1(e).

Appears in 1 contract

Samples: Revolving Credit Agreement (Goldman Sachs Middle Market Lending Corp.)

Deemed Capital Contributions. Without the prior written consent of the Administrative Agent and all Lenders, the Primary Borrower or the Guarantor shall not reinvest Portfolio Fund Investment proceeds which are distributable to Investors if such reinvestment would reduce the Unfunded Capital Commitment of one or more Investors and cause the Dollar Equivalent of the Principal Obligations to exceed the Available Commitment unless, prior to such reinvestment, the applicable Borrowers shall make any prepayment required under Section 2.1(e).

Appears in 1 contract

Samples: Revolving Credit Agreement (Goldman Sachs Private Middle Market Credit LLC)

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