Initial Value of Assets. Notwithstanding anything to the contrary contained herein, from the Effective Date until the date when the valuation reports are required to be delivered under Section 5.01(h) for the quarter ending March 31, 2019, the Value of any Portfolio Investment included in the Borrowing Base shall be the Value as determined in a manner consistent with this Section 5.12 and, with respect to assets acquired before the Effective Date, as delivered to the Administrative Agent on or prior to the Effective Date.
Appears in 5 contracts
Samples: Secured Revolving Credit Agreement (Barings BDC, Inc.), Secured Revolving Credit Agreement (Barings BDC, Inc.), Senior Secured Revolving Credit Agreement (Barings BDC, Inc.)
Initial Value of Assets. Notwithstanding anything to the contrary contained herein, from the Effective Date until the date when the valuation reports are required to be delivered under Section 5.01(h5.01(i) for the quarter ending March 31September 30, 20192018, the Value of any Portfolio Investment included in the Borrowing Base with respect to each Borrower shall be the Value as determined in a manner consistent with this Section 5.12 and, with respect to assets acquired before the Effective Date, and as delivered to the Administrative Collateral Agent on or prior to the Effective Date.
Appears in 4 contracts
Samples: Senior Secured (FS Investment Corp II), Senior Secured (FS Investment Corp III), Senior Secured Revolving Credit Agreement (Corporate Capital Trust, Inc.)
Initial Value of Assets. Notwithstanding anything to the contrary contained herein, from the Effective Date until the date when the first valuation reports are required to be delivered under Section 5.01(h) for the quarter ending March 31, 2019hereunder, the Value of any Portfolio Investment included in the Borrowing Base with respect to the Borrower shall be the Value as determined in a manner consistent with this Section 5.12 and, with respect to assets acquired before the Effective Date, 5.12(b)(ii)(C) and as delivered to the Administrative Collateral Agent on or prior to the Effective Date.
Appears in 2 contracts
Samples: Credit Agreement (Prospect Floating Rate & Alternative Income Fund, Inc.), Secured Revolving Credit Agreement (AG Twin Brook Capital Income Fund)
