Drawdown Purchases. On each Drawdown Date (as defined in Section 4.2), the Subscriber shall purchase from the Fund, and the Fund shall issue to the Subscriber, a number of Shares equal to its Drawdown Share Amount (as defined below) at an aggregate price equal to the applicable Drawdown Purchase Price; provided, however, that in no circumstance will a Subscriber be required to purchase Shares for an amount in excess of its Unfunded Capital Commitment (as defined below).
Appears in 2 contracts
Sources: Subscription Agreement (Stone Point Credit Income Fund - Select), Subscription Agreement (Stone Point Credit Income Fund)
Drawdown Purchases. On each Drawdown Date (as defined in Section 4.2below), the Subscriber shall purchase from the FundCompany, and the Fund Company shall issue to the Subscriber, a number of Shares equal to its the Drawdown Share Amount (as defined below) at an aggregate price equal to the applicable Drawdown Purchase Price; provided, however, that in no circumstance will a Subscriber be required to purchase Shares for an amount in excess of its Unfunded Capital Commitment (as defined below)Commitment.
Appears in 2 contracts
Sources: Subscription Agreement (Overland Advantage), Subscription Agreement (Stone Point Capital Credit LLC)
Drawdown Purchases. On each Drawdown Date (as defined in Section 4.2below), the Subscriber shall purchase from the FundCompany, and the Fund Company shall issue to the Subscriber, a number of Shares equal to its the Drawdown Share Amount (as defined below) at an aggregate price equal to the applicable Drawdown Purchase Price; provided, however, that in no circumstance will a Subscriber be required to purchase Shares for an amount in excess of its Unfunded Capital Commitment (as defined beloweach such purchase, a “Drawdown Purchase”).
Appears in 1 contract
Sources: Subscription Agreement (AGL Private Credit Income Fund LP)
Drawdown Purchases. On each Drawdown Date (as defined in Section 4.2), the Subscriber shall purchase from the FundCompany, and the Fund Company shall issue to the Subscriber, a number of Shares equal to its Drawdown Share Amount (as defined below) at an aggregate price equal to the applicable Drawdown Purchase Price; provided, however, that in no circumstance will a Subscriber be required to purchase Shares for an amount in excess of its Unfunded Capital Commitment (as defined below).
Appears in 1 contract
Sources: Subscription Agreement (Sound Point Direct Lending BDC)
Drawdown Purchases. On each Drawdown Date (as defined in Section 4.2below), the Subscriber shall purchase from the FundCompany, and the Fund Company shall issue to the Subscriber, a number of Shares equal to its the Drawdown Share Amount (as defined below) at an aggregate price equal to the applicable Drawdown Purchase PricePrice (a “Drawdown”); provided, however, that in no circumstance will a Subscriber be required to purchase Shares for an amount in excess of its Unfunded Capital Commitment (as defined below)Commitment.
Appears in 1 contract
Drawdown Purchases. On each Drawdown Date (as defined in Section 4.2), the Subscriber shall purchase from the Fund, and the Fund shall issue to the Subscriber, a number of Shares equal to its the Drawdown Share Amount (as defined below) at an aggregate price equal to the applicable Drawdown Purchase Price; provided, however, that in no circumstance will a Subscriber be required to purchase Shares for an amount in excess of its Unfunded Capital Commitment (as defined below)Commitment.
Appears in 1 contract
Sources: Subscription Agreement (Comvest Credit Partners BDC Fund, L.P.)