Portfolio Valuation and Diversification Etc Clause Samples
Portfolio Valuation and Diversification Etc. Risk Factor Ratings 103 SECTION 5.13. Calculation of Borrowing Base 107 SECTION 5.14. Anti-Hoarding of Assets at Financing Subsidiaries 120 SECTION 5.15. Taxes 121 SECTION 5.16. Operations 121 ARTICLE VI NEGATIVE COVENANTS SECTION 6.01. Indebtedness 121 SECTION 6.02. Liens 123 SECTION 6.03. Fundamental Changes 123 SECTION 6.04. Investments 126 SECTION 6.05. Restricted Payments 127 SECTION 6.06. Certain Restrictions on Subsidiaries 128 SECTION 6.07. Certain Financial Covenants 128 SECTION 6.08. Transactions with Affiliates 128 SECTION 6.09. Lines of Business 129 SECTION 6.10. No Further Negative Pledge 129 SECTION 6.11. Modifications of Certain Documents 129 SECTION 6.12. Payments of Indebtedness 130 SECTION 6.13. Modification of Investment Policies 131 SECTION 6.14. SBIC Guarantee 131 SECTION 6.15. Derivative Transactions 131 SECTION 6.16. Convertible Indebtedness 131 ARTICLE VII EVENTS OF DEFAULT SECTION 7.01. Events of Default 131 ARTICLE VIII THE ADMINISTRATIVE AGENT SECTION 8.01. Appointment 135 SECTION 8.02. Capacity as Lender 136 SECTION 8.03. Limitation of Duties; Exculpation 136 SECTION 8.04. Reliance 137 SECTION 8.05. Sub-Agents 137 SECTION 8.06. Resignation; Successor Administrative Agent 137 SECTION 8.07. Reliance by Lenders 138 SECTION 8.08. Modifications to Loan Documents 138 SECTION 8.09. [Reserved] 139 SECTION 8.10. Certain ERISA Matters 139 iii
Portfolio Valuation and Diversification Etc. 108109 SECTION 5.13. Calculation of Borrowing Base 112113 ARTICLE VI NEGATIVE COVENANTS 117118 SECTION 6.01. Indebtedness 117118 SECTION 6.02. Liens 119120 SECTION 6.03. Fundamental Changes 120121 SECTION 6.04. Investments 121123 SECTION 6.05. Restricted Payments 122124 SECTION 6.06. Certain Restrictions on Subsidiaries 123124 SECTION 6.07. Certain Financial Covenants. 123125 SECTION 6.08. Transactions with Affiliates 124125
Portfolio Valuation and Diversification Etc. Risk Factor Ratings;
Portfolio Valuation and Diversification Etc. (a) Industry Classification Groups. For purposes of this Agreement, the Borrower, in its reasonable determination, shall assign each Portfolio Investment included in the Borrowing Base to an Industry Classification Group. To the extent that the Borrower reasonably determines that any Portfolio Investment included in the Borrowing Base is not adequately correlated with the risks of other Portfolio Investments in an Industry Classification Group, such Portfolio Investment may be assigned by the Borrower to an Industry Classification Group that is more closely correlated to such Portfolio Investment. In the absence of adequate correlation, the Borrower shall be permitted, upon notice to the Administrative Agent for distribution to each Lender, to create up to three (3) additional industry classification groups for purposes of this Agreement.
Portfolio Valuation and Diversification Etc. 107108 SECTION 5.13. Calculation of Borrowing Base. 110112 ARTICLE VI NEGATIVE COVENANTS 116117 SECTION 6.01. Indebtedness 116117 SECTION 6.02. Liens 117119 SECTION 6.03. Fundamental Changes 119120 SECTION 6.04. Investments 120121 SECTION 6.05. Restricted Payments 121122 SECTION 6.06. Certain Restrictions on Subsidiaries 122123 SECTION 6.07. Certain Financial Covenants. 122123 SECTION 6.08. Transactions with Affiliates 123124 SECTION 6.09. Lines of Business 123124 SECTION 6.10. No Further Negative Pledge 123124 SECTION 6.11. Modifications of Longer-Term Indebtedness Documents 123125 SECTION 6.12. Payments of Longer-Term Indebtedness, the 2029 Notes, the 2030A Notes and the 2030B Notes 124125 SECTION 6.13. Accounting Changes 125126 SECTION 6.14. SBIC Guarantee 125126 SECTION 6.15. Capital Call Facility 125126 ARTICLE VII EVENTS OF DEFAULT 125127 ARTICLE VIII THE ADMINISTRATIVE AGENT 129130 SECTION 8.01. Appointment of the Administrative Agent 129130 SECTION 8.02. Capacity as Lender 129131
Portfolio Valuation and Diversification Etc