Common use of Participation Interests Clause in Contracts

Participation Interests. The Value attributable to any Participation Interest shall be the Value determined with respect to the underlying portfolio investment related to such Participation Interest in accordance with this Section 5.12, provided any participation interest that does not satisfy the definition of Participation Interest shall have a Value of zero (0) for purposes of this Agreement.

Appears in 28 contracts

Samples: Senior Secured Credit Agreement (Blackstone / GSO Secured Lending Fund), Senior Secured Credit Agreement (Blue Owl Technology Finance Corp. II), Secured Revolving Credit Agreement (Bain Capital Private Credit)

AutoNDA by SimpleDocs

Participation Interests. The Value attributable to any Participation Interest shall be the Value determined with respect to the underlying portfolio investment related to such Participation Interest in accordance with this Section 5.12, provided any participation interest that does not satisfy the definition of Participation Interest shall have a Value of zero (0) for purposes of this Agreement.

Appears in 5 contracts

Samples: Secured Revolving Credit Agreement (Goldman Sachs BDC, Inc.), Senior Secured Revolving Credit Agreement (FS KKR Capital Corp. II), Assignment and Assumption (Goldman Sachs BDC, Inc.)

AutoNDA by SimpleDocs

Participation Interests. The Value attributable to any Participation Interest shall be the Value determined with respect to the its underlying portfolio investment related to such Participation Interest in accordance with this Section 5.12, provided any participation interest that does not satisfy the definition of Participation Interest shall have a Value of zero (0) for purposes of this Agreement.

Appears in 4 contracts

Samples: Senior Secured (FS Investment Corp III), Senior Secured Revolving Credit Agreement (Corporate Capital Trust, Inc.), Senior Secured (FS Investment CORP)

Time is Money Join Law Insider Premium to draft better contracts faster.