Incremental Effective Date. The Lender and the Borrower shall determine the effective date for each Incremental Revolving Commitment pursuant to this Section 2.17 (an “Incremental Effective Date”), which date shall be a Business Day at least 10 Business Days after delivery of the request pursuant to Section 2.16(a) (unless otherwise approved by the Lender) and at least 30 days before the then applicable Facility Termination Date.
Appears in 1 contract
Sources: Credit Agreement (Opportunistic Credit Interval Fund)
Incremental Effective Date. The Lender and the Borrower shall determine the effective date for each Incremental Revolving Commitment pursuant to this Section 2.17 (an “Incremental Effective Date”), which date shall be a Business Day at least 10 Business Days after delivery of the request pursuant to Section 2.16(a2.17(a) (unless otherwise approved by the Lender) and at least 30 days before the then applicable Facility Termination Date.
Appears in 1 contract
Sources: Credit Agreement (Franklin BSP Private Credit Fund)