Common use of Incremental Commitment Clause in Contracts

Incremental Commitment. (a) Pursuant to Section 2.07(e) of the Credit Agreement and subject to the terms and conditions hereof, the Assuming Lender hereby agrees to make the Incremental Commitment to the Borrower effective on and as of the Effective Date. The Incremental Commitment of the Assuming Lender shall constitute an additional “Commitment” and a “Commitment Increase” for all purposes of the Credit Agreement and the other Loan Documents, and the Effective Date shall be the “Commitment Increase Date” of the Incremental Commitment for purposes of Section 2.07(e) of the Credit Agreement.

Appears in 2 contracts

Samples: Commitment and Assumption Agreement (Oaktree Specialty Lending Corp), Incremental Commitment and Assumption Agreement (Oaktree Specialty Lending Corp)

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Incremental Commitment. (a) Pursuant to Section 2.07(e2.06(f) of the Credit Agreement and subject to the terms and conditions hereof, the Assuming Lender hereby agrees to make the Incremental Commitment to the Borrower effective on and as of the Increase Effective DateDate (as defined below). The Incremental Commitment of the Assuming Lender shall constitute an additional “Commitment” and a “Commitment Increase” for all purposes of the Credit Agreement and the other Loan Documents, and the Increase Effective Date shall be the “Commitment Increase Date” of the Incremental Commitment for purposes of Section 2.07(e2.06(f) of the Credit Agreement.

Appears in 2 contracts

Samples: Incremental Assumption Agreement (Capital Southwest Corp), Incremental Assumption Agreement (Capital Southwest Corp)

Incremental Commitment. (a) Pursuant to Section 2.07(e2.06(e) of the Credit Agreement and subject to the terms and conditions hereof, the Assuming Increasing Lender hereby agrees to make the Incremental Commitment to the Borrower effective on and as of the Effective Date. The Incremental Commitment of the Assuming Lender shall constitute an additional “Multicurrency Commitment”, an additional “Commitment” and a “Commitment Increase” for all purposes of the Credit Agreement and the other Loan Documents, and the Effective Date shall be the “Commitment Increase Date” of the Incremental Commitment for purposes of Section 2.07(e2.06(e) of the Credit Agreement.

Appears in 1 contract

Samples: Incremental Commitment Agreement (BlackRock TCP Capital Corp.)

Incremental Commitment. (a) Pursuant to Section 2.07(e) of the Credit Agreement and subject to the terms and conditions hereof, the Assuming Increasing Lender hereby agrees to make the Incremental Commitment to the Borrower effective on and as of the Effective DateDate (as defined below). The Incremental Commitment of the Assuming Lender shall constitute an additional “Commitment” and a “Commitment Increase” for all purposes of the Credit Agreement and the other Loan Documents, and the Effective Date shall be the “Commitment Increase Date” of the Incremental Commitment for purposes of Section 2.07(e) of the Credit Agreement.

Appears in 1 contract

Samples: Incremental Commitment Agreement (Oaktree Specialty Lending Corp)

Incremental Commitment. (a) Pursuant to Section 2.07(e2.06(f) of the Credit Agreement and subject to the terms and conditions hereof, the Assuming each Incremental Lender hereby agrees to make the applicable Incremental Commitment to the Borrower effective on and as of the Increase Effective DateDate (as defined below). The Incremental Commitment of the Assuming Lender shall constitute an additional “Commitment” and a “Commitment Increase” for all purposes of the Credit Agreement and the other Loan Documents, and the Increase Effective Date shall be the “Commitment Increase Date” of the Incremental Commitment for purposes of Section 2.07(e2.06(f) of the Credit Agreement.

Appears in 1 contract

Samples: Incremental Assumption Agreement (Capitala Finance Corp.)

Incremental Commitment. (a) Pursuant to Section 2.07(e) of the Credit Agreement and subject to the terms and conditions hereof, the Assuming each Incremental Lender hereby agrees to make its respective portion of the Incremental Commitment to the Borrower effective on and as of the Effective Date. The Incremental Commitment of the Assuming Lender shall constitute an additional “Commitment” in the form of a “Multicurrency Commitment” and a “Commitment Increase” for all purposes of the Credit Agreement and the other Loan Documents, Documents and the Effective Date shall be the “Commitment Increase Date” of the Incremental Commitment for purposes of Section 2.07(e) of the Credit Agreement.

Appears in 1 contract

Samples: Commitment and Assumption Agreement (Barings Capital Investment Corp)

Incremental Commitment. (a) Pursuant to Section 2.07(e) of the Credit Agreement and subject to the terms and conditions hereof, the Assuming Incremental Lender hereby agrees to make the Incremental Commitment to the Borrower effective on and as of the Effective Date. The Incremental Commitment of the Assuming Lender shall constitute an additional “Commitment” in the form of a “Dollar Commitment” and a “Commitment Increase” for all purposes of the Credit Agreement and the other Loan Documents, Documents and the Effective Date shall be the “Commitment Increase Date” of the Incremental Commitment for purposes of Section 2.07(e) of the Credit Agreement.

Appears in 1 contract

Samples: Commitment and Assumption Agreement (Barings BDC, Inc.)

Incremental Commitment. (a) Pursuant to Section 2.07(e2.06(f) of the Credit Agreement and subject to the terms and conditions hereof, the each Assuming Lender hereby agrees to make the applicable Incremental Commitment to the Borrower effective on and as of the Increase Effective DateDate (as defined below). The Incremental Commitment of the Assuming Lender shall constitute an additional “Commitment” and a “Commitment Increase” for all purposes of the Credit Agreement and the other Loan Documents, and the Increase Effective Date shall be the “Commitment Increase Date” of the Incremental Commitment for purposes of Section 2.07(e2.06(f) of the Credit Agreement.

Appears in 1 contract

Samples: Incremental Assumption Agreement (Capitala Finance Corp.)

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Incremental Commitment. (a) Pursuant to Section 2.07(e2.07(f) of the Credit Agreement and subject to the terms and conditions hereof, the Assuming Increasing Lender hereby agrees to make the its Incremental Commitment to the Borrower effective on and as of the Increase Effective DateDate (as defined below). The Incremental Commitment of the Assuming Lender shall constitute an additional “Commitment” and a “Commitment Increase” for all purposes of the Credit Agreement and the other Loan Documents, and the Increase Effective Date shall be the “Commitment Increase Date” of the Incremental Commitment for purposes of Section 2.07(e2.07(f) of the Credit Agreement.

Appears in 1 contract

Samples: Incremental Commitment Agreement (Capital Southwest Corp)

Incremental Commitment. (a) Pursuant to Section 2.07(e2.06(f) of the Credit Agreement and subject to the terms and conditions hereof, the Assuming Increasing Lender hereby agrees to make the its Incremental Commitment to the Borrower effective on and as of the Effective Date, immediately after giving effect to the amendment set forth in Section 2. The Incremental Commitment of the Assuming Increasing Lender shall constitute an additional “Commitment” and a “Commitment Increase” for all purposes of the Credit Agreement and the other Loan Documents, and the Effective Date shall be the “Commitment Increase Date” of the Incremental Commitment for purposes of Section 2.07(e2.06(f) of the Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (FIDUS INVESTMENT Corp)

Incremental Commitment. (a) Pursuant to Section 2.07(e2.06(f) of the Credit Agreement and subject to the terms and conditions hereof, the Assuming Increasing Lender hereby agrees to make the Incremental Commitment to the Borrower effective on and as of the Increase Effective DateDate (as defined below). The Incremental Commitment of the Assuming Lender shall constitute an additional “Commitment” and a “Commitment Increase” for all purposes of the Credit Agreement and the other Loan Documents, and the Increase Effective Date shall be the “Commitment Increase Date” of the Incremental Commitment for purposes of Section 2.07(e2.06(f) of the Credit Agreement.

Appears in 1 contract

Samples: Incremental Assumption Agreement (Capital Southwest Corp)

Incremental Commitment. (a) Pursuant to Section 2.07(e2.07(f) of the Credit Agreement and subject to the terms and conditions hereof, the Assuming Lender hereby agrees to make the Incremental Commitment to the Borrower effective on and as of the Increase Effective DateDate (as defined below). The Incremental Commitment of the Assuming Lender shall constitute an additional “Commitment” and a “Commitment Increase” for all purposes of the Credit Agreement and the other Loan Documents, and the Increase Effective Date shall be the “Commitment Increase Date” of the Incremental Commitment for purposes of Section 2.07(e2.07(f) of the Credit Agreement.

Appears in 1 contract

Samples: Incremental Assumption Agreement (Capital Southwest Corp)

Incremental Commitment. (a) Pursuant to Section 2.07(e) of the Credit Agreement and subject to the terms and conditions hereof, the Assuming Lender hereby agrees to make the its Incremental Commitment to the Borrower effective on and as of the Effective Date. The Incremental Commitment of the Assuming Lender shall constitute an additional “Commitment” and a “Commitment Increase” for all purposes of the Credit Agreement and the other Loan Documents, and the Effective Date shall be the “Commitment Increase Date” of the each Incremental Commitment for purposes of Section 2.07(e) of the Credit Agreement.

Appears in 1 contract

Samples: Incremental Commitment and Assumption Agreement (Oaktree Strategic Credit Fund)

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