Common use of Industry Classification Groups Clause in Contracts

Industry Classification Groups. For purposes of this Agreement, each Borrower shall in its reasonable determination assign each Specified Financial Asset to an Industry Classification Group. To the extent that any Specified Financial Asset is not correlated with the risks of other Specified Financial Assets in an Industry Classification Group established by ▇▇▇▇▇’▇, such Portfolio Investment may be assigned by the applicable Borrower to an Industry Classification Group that is more closely correlated to such Specified Financial Asset. In the absence of any correlation, such Borrower shall be permitted, upon notice to the Administrative Agent to create up to three additional industry classification groups for purposes of this Agreement.