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 34 contracts
Samples: Credit Agreement (Blue Owl Credit Income Corp.), Credit Agreement (Ares Strategic Income Fund), Credit Agreement (Blue Owl Capital 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 9 contracts
Samples: Credit and Security Agreement (Blue Owl Technology Income Corp.), Credit and Security Agreement (Diameter Credit Co), Credit and Security Agreement (SLR Private Credit BDC II LLC)
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 6 contracts
Samples: 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 1 contract
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.
Appears in 1 contract
