Ordinary Course. Each repayment of principal or interest under this Agreement shall be (x) in payment of a debt incurred by the Borrower in the ordinary course of business or financial affairs of the Borrower and (y) made in the ordinary course of business or financial affairs of the Borrower.
Appears in 62 contracts
Sources: Credit Agreement (AB Private Lending Fund), Credit Agreement (Ares Strategic Income Fund), Credit Agreement (Blue Owl Credit Income Corp.)
Ordinary Course. Each repayment of principal or interest in respect of the Advances under this Agreement shall be (x) in payment of a debt incurred by the Borrower in the ordinary course of business or financial affairs of the Borrower and (y) made in the ordinary course of business or financial affairs of the Borrower.
Appears in 22 contracts
Sources: Credit and Security Agreement (Fidelity Private Credit Fund), Credit and Security Agreement (LGAM Private Credit LLC), Credit and Security Agreement (FIDUS INVESTMENT Corp)
Ordinary Course. Each repayment of principal or interest in respect of the Advances under this Agreement shall be (x) in payment of a debt incurred by the Borrower in the ordinary course of business or financial affairs of the Borrower and (y) made in the ordinary course of business or financial affairs of between the BorrowerBorrower and the Lenders.
Appears in 8 contracts
Sources: Credit and Security Agreement (Saratoga Investment Corp.), Credit and Security Agreement (Saratoga Investment Corp.), Credit and Security Agreement (Saratoga Investment Corp.)
Ordinary Course. Each repayment of principal or interest under this Agreement shall be (xa) in payment of a debt incurred by the Borrower in the ordinary course of business or financial affairs of the Borrower and (yb) made in the ordinary course of business or financial affairs of the Borrower.
Appears in 2 contracts
Sources: Credit Agreement (HPS Corporate Lending Fund), Credit Agreement (HPS Corporate Lending Fund)
Ordinary Course. Each repayment of principal of or interest on the Loans under this Agreement shall be (x) in payment of a debt incurred by the Borrower in the ordinary course of business or financial affairs of the Borrower and (y) made in the ordinary course of business or financial affairs of the Borrower.
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Ordinary Course. Each repayment of principal or interest under this Agreement shall be (x) in payment of a debt incurred by the any Borrower in the ordinary course of business or financial affairs of the any Borrower and (y) made in the ordinary course of business or financial affairs of the any Borrower.. 101 Section
Appears in 1 contract
Sources: Credit Agreement (Nuveen Churchill Private Capital Income Fund)
Ordinary Course. Each repayment payment of principal or interest under this Agreement shall be (x) in payment of a debt incurred by the Borrower in the ordinary course of business or financial affairs of the Borrower with respect to its relationship with the Lenders and (y) made in the ordinary course of business or financial affairs of the BorrowerBorrower with respect to its relationship with the Lenders.
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