Investor Default. At all times when an Event of Default has occurred and is continuing and any Investor (including any Specified Investor) has failed to fund any Capital Contribution when due or otherwise defaulted on any of its obligations to such Credit Party, then such Credit Party shall exercise its available remedies as to such Investor only with the written consent of the Administrative Agent, at the direction of the Required Lenders.
Appears in 2 contracts
Sources: Revolving Credit Agreement (AGL Private Credit Income Fund), Revolving Credit Agreement (AGL Private Credit Income Fund)
Investor Default. At all times when an Event of Default has occurred and is continuing and any Investor (including any Specified Investor) has failed to fund any Capital Contribution when due or otherwise defaulted on any of its obligations to such any Credit Party, then such Credit Party shall exercise its available remedies as to such Investor only with the written consent of the Administrative Agent, at the direction of the Required Lenders, except that such Credit Party (or its general partner) may issue any overdue notice necessary to commence any cure or grace period under the applicable Constituent Documents.
Appears in 2 contracts
Sources: Revolving Credit Agreement (BlackRock Direct Lending Corp.), Revolving Credit Agreement (BlackRock Direct Lending Corp.)
Investor Default. At all times when an Event of Default has occurred and is continuing and any Investor (including any Specified Investor) has failed to fund any Capital Contribution when due or otherwise defaulted on any of its obligations to such any Credit Party, then such Credit Party shall exercise its available remedies as to such Investor only with the written consent of the Administrative Agent, at the direction of the Required Lenders, except that such Credit Party (or the Investment Advisor) may issue any overdue notice necessary to commence any cure or grace period under the applicable Constituent Documents.
Appears in 2 contracts
Sources: Revolving Credit Agreement (Fortress Private Lending Fund), Revolving Credit Agreement (Fortress Private Lending Fund)
Investor Default. At all times when an Event of Default has occurred and is continuing and any Obligations remain outstanding and any Investor (including any Specified Investor) has failed to fund any Capital Contribution when due or otherwise defaulted on any of its obligations to such any Credit Party, then such Credit Party shall exercise its available remedies as to such Investor only with the written consent of the Administrative Agent, at the direction of the Required Lenders.
Appears in 1 contract
Sources: Revolving Credit Agreement (AG Twin Brook BDC, Inc.)