Common use of Operating Agreement Clause in Contracts

Operating Agreement. The Borrower will not amend, modify, waive or terminate any provision of its operating agreement without the prior written consent of the Administrative Agent.

Appears in 8 contracts

Samples: And Investment Management Agreement (Investcorp Credit Management BDC, Inc.), Loan and Security Agreement (OFS Capital, LLC), And Investment Management Agreement (Investcorp US Institutional Private Credit Fund)

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Operating Agreement. The Borrower will not amend, modify, waive or terminate any provision of its operating agreement in any matter that is materially adverse to the Lenders or otherwise prohibited under this Agreement without the prior written consent of the Administrative Agent.

Appears in 6 contracts

Samples: And Collateral Management Agreement (First Eagle Credit Opportunities Fund), Loan and Security Agreement (FS KKR Capital Corp), Loan and Security Agreement (KKR FS Income Trust)

Operating Agreement. The Borrower will not amend, modify, waive or terminate modify any provision of its operating agreement Operating Agreement without in each case the prior written consent of the Administrative Majority Banks and the Agent.

Appears in 2 contracts

Samples: Term Loan Agreement (Temple Inland Inc), Term Loan Agreement (Temple Inland Inc)

Operating Agreement. The Borrower will not amend, modify, waive or terminate any provision of its operating agreement in any matter that is materially adverse to the Lenders or otherwise expressly prohibited under this Agreement without the prior written consent of the Administrative Agent.

Appears in 2 contracts

Samples: Loan and Security Agreement (Cim Real Estate Finance Trust, Inc.), Loan and Security Agreement (Cim Real Estate Finance Trust, Inc.)

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Operating Agreement. The Borrower will not amend, modify, waive or terminate any provision of its operating agreement organizational documents in any matter that is materially adverse to the Lenders without the prior written consent of the Administrative Agent.

Appears in 1 contract

Samples: Security and Collateral Management Agreement (Phillip Street Middle Market Lending Fund LLC)

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