Common use of Eligible Investments Clause in Contracts

Eligible Investments. (c) The Collateral Manager on behalf of the Issuer may by Issuer Order direct the Trustee to, and upon receipt of such Issuer Order the Trustee shall, withdraw funds on deposit in the Principal Collection Subaccount representing Principal Collections (together with Interest Collections but only to the extent used to pay for accrued interest or capitalized interest on an additional Portfolio Asset) and reinvest such funds in additional Portfolio Assets or exercise a warrant held in the Collateral, in each case in accordance with the requirements of Article 12 and such Issuer Order.

Appears in 8 contracts

Samples: Indenture (CION Investment Corp), Indenture (CM Finance Inc), Indenture (CM Finance Inc)

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Eligible Investments. (ce) The Collateral Manager Manager, on behalf of the Issuer Issuer, may by Issuer Order direct the Trustee to, and upon receipt of such Issuer Order the Trustee shall, withdraw funds on deposit in the Principal Collection Subaccount representing Principal Collections (together with Interest Collections but only to the extent used to pay for accrued interest or capitalized interest on an additional Portfolio Asset) Account and reinvest such funds in additional Portfolio Assets or exercise a warrant held in the Collateral, in each case in accordance with the requirements of Article 12 and such Issuer Order.

Appears in 2 contracts

Samples: Indenture (BC Partners Lending Corp), Indenture (BC Partners Lending Corp)

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