Common use of Equity Securities Clause in Contracts

Equity Securities. The Borrower or the Collateral Manager (A) may direct the Collateral Agent in writing to sell any Equity Security at any time without restriction and (B) shall use its commercially reasonable efforts to effect the sale of any Equity Security within 45 days after receipt if such Equity Security constitutes Margin Stock, unless such sale is prohibited by applicable law, in which case such Equity Security shall be sold as soon as such sale is permitted by applicable law.

Appears in 9 contracts

Sources: Credit Agreement (AB Private Lending Fund), Credit Agreement (AB Private Lending Fund), Credit Agreement (AB Private Credit Investors Corp)

Equity Securities. The Borrower or Collateral Manager, on behalf of the Collateral Manager (A) Issuer, may direct the Collateral Agent in writing Trustee to sell any Equity Security at any time without restriction and (B) shall use its commercially reasonable efforts to effect the sale of any Equity Security within 45 days after receipt receipt, regardless of price, if such Equity Security constitutes Margin Stock, unless such sale is prohibited by applicable lawlaw or contractual restriction, in which case such Equity Security shall be sold as soon as such sale is permitted by applicable lawlaw or such contract.

Appears in 7 contracts

Sources: Indenture (HPS Corporate Lending Fund), Indenture (HPS Corporate Lending Fund), Indenture (HPS Corporate Lending Fund)

Equity Securities. The Borrower or the Collateral Manager (A) may direct the Collateral Agent in writing Trustee to sell any Equity Security at any time without restriction and (B) shall use its commercially reasonable efforts to effect the sale of any Equity Security Security, regardless of price within 45 days after receipt receipt, if such Equity Security constitutes Margin Stock, unless such sale is prohibited by applicable law, in which case such Equity Security shall be sold as soon as such sale is permitted by applicable law.

Appears in 6 contracts

Sources: Indenture (Golub Capital Private Credit Fund), Indenture (Golub Capital BDC 4, Inc.), Indenture (Golub Capital Private Credit Fund)

Equity Securities. The Borrower or the Collateral Manager (A) may direct the Collateral Agent in writing Trustee to sell any Equity Security at any time without restriction and (B) shall use its commercially reasonable efforts to effect the sale of any Equity Security Security, regardless of price within 45 days after receipt receipt, if such Equity Security constitutes Margin Stock, unless such sale is prohibited by applicable law, in which case such Equity Security shall be sold as soon as such sale is permitted by applicable law.

Appears in 3 contracts

Sources: Indenture (Golub Capital Private Credit Fund), Indenture (Golub Capital Private Credit Fund), Indenture (Golub Capital BDC 3, Inc.)

Equity Securities. The Borrower or the Collateral Manager Servicer (A) may direct the Collateral Agent in writing to sell any Equity Security at any time without restriction and (B) shall use its commercially reasonable efforts to effect the sale of any Equity Security prior to the Stated Maturity or, if earlier, within 45 days after receipt if such Equity Security constitutes Margin Stock, unless such sale is prohibited by applicable law, in which case such Equity Security shall be sold as soon as such sale is permitted by applicable law.

Appears in 3 contracts

Sources: Credit Agreement (Ares Strategic Income Fund), Credit Agreement (Ares Strategic Income Fund), Credit Agreement (Ares Strategic Income Fund)

Equity Securities. The Borrower or the Collateral Manager Services Provider (A) may direct the Collateral Agent in writing to sell any Equity Security at any time without restriction and (B) shall use its commercially reasonable efforts to effect the sale of any Equity Security within 45 days after receipt if such Equity Security constitutes Margin Stock, unless such sale is prohibited by applicable lawApplicable Law, in which case such Equity Security shall be sold as soon as such sale is permitted by applicable lawApplicable Law.

Appears in 2 contracts

Sources: Credit Agreement (Blue Owl Credit Income Corp.), Credit Agreement (Blue Owl Credit Income Corp.)

Equity Securities. The Borrower or the Collateral Manager (A) may may, on behalf of the Issuer, direct the Collateral Agent in writing to sell any Equity Security at any time without restriction and (B) shall use its commercially reasonable efforts to effect the sale of any Equity Security Margin Stock, regardless of price, within 45 days after receipt if such Equity Security constitutes Margin Stockreceipt, unless such sale is prohibited by applicable lawlaw or contractual restriction, in which case such Equity Security Margin Stock shall be sold as soon as such sale is permitted by applicable lawlaw or such contract.

Appears in 2 contracts

Sources: Second Supplemental Indenture (Silver Point Specialty Lending Fund), Indenture and Security Agreement (Silver Point Specialty Lending Fund)

Equity Securities. The Borrower or the Collateral Manager (A) may direct the Collateral Agent in writing Trustee to sell any Equity Security at any time without restriction and (B) shall use its commercially reasonable efforts to effect the sale of any Equity Security, regardless of price and subject to any transfer restrictions applicable to such Equity Security within 45 days after receipt if such Equity Security constitutes Margin Stock, unless such sale is prohibited by applicable lawlaw or restrictions governing such Equity Security, in which case such Equity Security shall be sold as soon as such sale is permitted by applicable lawlaw or in compliance with such restrictions.

Appears in 1 contract

Sources: Indenture (AB Private Credit Investors Corp)

Equity Securities. The Borrower or the Collateral Manager (A) may direct the Collateral Agent in writing to sell any Equity Security at any time without restriction and (B) shall use its commercially reasonable efforts to effect the sale of any Equity Security within 45 days after receipt if such Equity Security constitutes Margin Stock, unless such sale is prohibited by applicable lawApplicable Law, in which case such Equity Security shall be sold as soon as such sale is permitted by applicable lawApplicable Law. For these purposes, any asset held by a Tax Subsidiary or an equity interest in any Tax Subsidiary will be deemed an Equity Security.

Appears in 1 contract

Sources: Credit Agreement (AB Private Credit Investors Corp)