Common use of Purchase of Additional Collateral Obligations Clause in Contracts

Purchase of Additional Collateral Obligations. On any date during the Reinvestment Period, the Collateral Manager on behalf of the Issuer may, subject to the other requirements in this Indenture and compliance with the Portfolio Acquisition and Disposition Requirements, direct the Trustee to invest Principal Proceeds, proceeds of additional notes issued pursuant to Section 2.13 and 3.2, amounts on deposit in the Ramp-Up Account, Principal Financed Accrued Interest and Principal Financed Capitalized Interest, and the Trustee shall invest such Principal Proceeds and other amounts in accordance with such direction. After the Reinvestment Period, the Collateral Manager shall not direct the Trustee to invest any such amounts on behalf of the Issuer; provided that in accordance with Section 12.2(d), Cash on deposit in any Account (other than the Payment Account) may be invested in Eligible Investments following the Reinvestment Period.

Appears in 4 contracts

Samples: Indenture (NewStar Financial, Inc.), NewStar Financial, Inc., NewStar Financial, Inc.

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Purchase of Additional Collateral Obligations. On any date during the Reinvestment Period, the Collateral Manager on behalf of the Issuer may, subject to the other requirements in this Indenture and compliance with the Portfolio Acquisition and Disposition RequirementsIndenture, direct the Trustee to invest Principal Proceeds, proceeds of additional notes Additional Notes issued pursuant to Section Sections 2.13 and 3.2, amounts on deposit in the Ramp-Up Account, Account and the Supplemental Reserve Account and Principal Financed Accrued Interest and Principal Financed Capitalized Interest, and the Trustee shall invest such Principal Proceeds and other amounts in accordance with such direction. After the Reinvestment Period, the Collateral Manager shall not direct the Trustee to invest any such amounts on behalf of the Issuer; provided that in accordance with Section 12.2(d), Cash cash on deposit in any Account (other than the Payment Account) may be invested in Eligible Investments following the Reinvestment Period.

Appears in 2 contracts

Samples: Indenture (Golub Capital Private Credit Fund), Indenture (Golub Capital Investment Corp)

Purchase of Additional Collateral Obligations. On any date during the Reinvestment Period, the Collateral Manager on behalf of the Issuer may, subject to the other requirements in this Indenture and compliance with the Portfolio Acquisition and Disposition Requirements, direct the Trustee to invest Principal Proceeds, proceeds of additional notes issued pursuant to Section 2.13 and 3.2, amounts on deposit in the Ramp-Up Account, Principal Financed Accrued Interest and Principal Financed Capitalized Interest, and the Trustee shall invest such Principal Proceeds and other amounts in accordance with such direction. After the Reinvestment Period, the Collateral Manager shall not direct the Trustee to invest any such amounts on behalf of the Issuer; provided that in accordance with Section 12.2(d), Cash on deposit in any Account (other than the Payment Account) may be invested in Eligible Investments following the Reinvestment Period.

Appears in 2 contracts

Samples: Indenture (NewStar Financial, Inc.), Indenture (NewStar Financial, Inc.)

Purchase of Additional Collateral Obligations. On any date during the Reinvestment Period, the Collateral Manager on behalf of the Issuer may, subject to the other requirements in this Indenture and compliance with the Portfolio Acquisition and Disposition RequirementsIndenture, direct the Trustee Collateral Agent to invest Principal Proceeds, proceeds of additional notes Notes issued pursuant to Section 2.13 and 3.2, 3.2 and/or additional Preferred Shares issued in accordance with this Indenture and the Fiscal Agency Agreement amounts on deposit in the Ramp-Up Account, Principal Financed Accrued Interest and Principal Financed Capitalized Interest, and the Trustee Collateral Agent shall invest such Principal Proceeds and other amounts in accordance with such direction. After the Reinvestment Period, the Collateral Manager shall not direct the Trustee Collateral Agent to invest any such amounts on behalf of the Issuer; provided that in accordance with Section 12.2(d), Cash on deposit in any Account (other than the Payment Account) may be invested in Eligible Investments following the Reinvestment Period.

Appears in 1 contract

Samples: Indenture (PennantPark Floating Rate Capital Ltd.)

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Purchase of Additional Collateral Obligations. On any date during the Reinvestment Period, the Collateral Manager on behalf of the Issuer maymay pursuant to an Issuer Order or trade ticket, subject to the other requirements in this Indenture and compliance with the Portfolio Acquisition and Disposition RequirementsIndenture, direct the Collateral Trustee to invest Principal Proceeds, proceeds of additional notes Notes issued pursuant to Section 2.13 and 3.2, amounts on deposit in the Ramp-Up Account, Principal Financed Accrued Interest and Principal Financed Capitalized Interest, and the Collateral Trustee shall invest such Principal Proceeds and other amounts in accordance with such direction. After the Reinvestment Period, the Collateral Manager shall not direct the Collateral Trustee to invest any such amounts on behalf of the Issuer; provided that in accordance with Section 12.2(d), Cash on deposit in any Account (other than the Payment Account) may be invested in Eligible Investments following the Reinvestment Period.

Appears in 1 contract

Samples: Indenture and Security Agreement (PennantPark Floating Rate Capital Ltd.)

Purchase of Additional Collateral Obligations. On any date during the Reinvestment Period, the Collateral Manager on behalf of the Issuer may, subject to the other requirements in this Indenture and compliance with the Portfolio Acquisition and Disposition RequirementsIndenture, direct the Collateral Trustee to invest Principal Proceeds, proceeds of additional notes Additional Debt issued or incurred pursuant to Section Sections 2.13 and 3.23.2 of this Indenture or Section 3.8 of the Credit Agreement, amounts on deposit in the Ramp-Up Account, Account and the Supplemental Reserve Account and Principal Financed Accrued Interest and Principal Financed Capitalized Interest, and the Collateral Trustee shall invest such Principal Proceeds and other amounts in accordance with such direction. After the Reinvestment Period, the Collateral Manager shall not direct the Collateral Trustee to invest any such amounts on behalf of the Issuer; provided that in accordance with Section 12.2(d), Cash cash on deposit in any Account (other than the Payment Account and the Custodial Account) may be invested in Eligible Investments following the Reinvestment Period.

Appears in 1 contract

Samples: Golub Capital BDC 3, Inc.

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