Common use of Inducement Clause in Contracts

Inducement. The Lenders have been induced to make the Loans to, and the Letter of Credit Issuer has been induced to issue Letters of Credit for the account of, the Borrowers in part based upon the assurances by each Borrower that each Borrower desires that all Obligations under the Loan Documents be honored and enforced as separate obligations of each Borrower, should the Administrative Agent and the Lenders desire to do so.

Appears in 10 contracts

Samples: Revolving Credit Agreement (TCG BDC II, Inc.), Revolving Credit Agreement (Owl Rock Technology Finance Corp.), Revolving Credit Agreement (MSD Investment Corp.)

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Inducement. The Lenders have been induced to make the Loans to, to and the Letter of Credit Issuer has been induced to issue the Letters of Credit for the account of, of the Borrowers in part based upon the assurances by each Borrower that each Borrower desires that all Obligations under the Loan Documents Notes be honored and enforced as separate obligations of each Borrower, should the Administrative Agent and the Lenders desire to do so.

Appears in 6 contracts

Samples: Revolving Credit Agreement (New PubCo Renewable Power Inc.), Revolving Credit Agreement (MN8 Energy, Inc.), Revolving Credit Agreement (New PubCo Renewable Power Inc.)

Inducement. The Lenders have been induced to make the Loans to, and the Letter of Credit Issuer has been induced to issue Letters of Credit for the account of, the Borrowers in part based upon the assurances by each Borrower that each Borrower desires that all Obligations under the Loan Documents Notes be honored and enforced as separate obligations of each Borrower, should the Administrative Agent and the Lenders desire to do so.

Appears in 6 contracts

Samples: Revolving Credit Agreement (Goldman Sachs Middle Market Lending Corp. II), Revolving Credit Agreement (Goldman Sachs Middle Market Lending Corp.), Revolving Credit Agreement (New PubCo Renewable Power Inc.)

Inducement. The Lenders have been induced to make the Loans to, and the Letter of Credit Issuer has been induced to issue Letters of Credit for the account of, the Fund Borrowers in part based upon the assurances by each Fund Borrower that each Fund Borrower desires that all the Obligations under of the Loan Documents Fund Borrowers be honored and enforced as separate obligations of each Fund Borrower, should the Administrative Agent and the Lenders desire to do so.

Appears in 4 contracts

Samples: Revolving Credit Agreement (Franklin BSP Capital Corp), Revolving Credit Agreement (Carlyle Secured Lending III), Credit Agreement (AGTB Private BDC)

Inducement. The Lenders have been induced to make the Loans to, and the Letter of Credit Issuer has been induced to issue Letters of Credit for the account of, the Borrowers in part based upon the assurances by each Borrower that each Borrower desires that all Obligations under the Loan Documents be honored and enforced as separate obligations of each Borrower, should the Administrative Agent and the Lenders desire to do so.

Appears in 3 contracts

Samples: Revolving Credit Agreement (NMF SLF I, Inc.), Revolving Credit Agreement (Crescent Capital BDC, Inc.), Revolving Credit Agreement (Crescent Capital BDC, Inc.)

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Inducement. The Lenders have been induced to make the Loans to, and the Letter of Credit Issuer has been induced to issue Letters of Credit for the account of, the Borrowers in part based upon the assurances by each Borrower that each Borrower desires that all Obligations under the Loan Notes and this Agreement and the other Credit Documents be honored and enforced as separate obligations of each Borrower, should the Administrative Agent and the Lenders desire to do so.

Appears in 2 contracts

Samples: Credit Agreement (Trico Marine Services Inc), Credit Agreement (Trico Marine Services Inc)

Inducement. The Lenders have been induced to make the Loans to, and the Letter of Credit Issuer has been induced to issue Letters of Credit for the account of, the Borrowers Borrower Parties in part based upon the assurances by each Borrower that each Borrower desires that all Obligations the obligations under the Loan Documents this Credit Agreement be honored and enforced as separate obligations of each Borrower, should the Administrative Agent Agent, Lenders and the Lenders Letter of Credit Issuer desire to do so.

Appears in 1 contract

Samples: Revolving Credit Agreement (J.P. Morgan Real Estate Income Trust, Inc.)

Inducement. The Lenders have been induced to make the Loans to, and the Letter of Credit Issuer has been induced to issue Letters of Credit for the account of, of the Borrowers in part based upon the assurances by each Borrower that each Borrower desires that all Obligations under the Loan Documents be honored and enforced as separate obligations of each Borrower, should the Administrative Agent and the Lenders desire to do so.

Appears in 1 contract

Samples: Revolving Credit Agreement (BlackRock Direct Lending Corp.)

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