Common use of Reimbursement of Transfer Expenses Clause in Contracts

Reimbursement of Transfer Expenses. As a condition to the effectiveness of any transfer, the transferor or transferee shall pay all reasonable expenses, including out-of-pocket attorneys’ fees, incurred in connection with the assignment which may be effected as an offset to amounts otherwise distributable.

Appears in 7 contracts

Samples: Limited Liability Company Agreement (Fidelity Private Credit Co LLC), Limited Liability Company Agreement (Fidelity Private Credit Central Fund LLC), Limited Liability Company Agreement (OHA Senior Private Lending Fund (U) LLC)

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Reimbursement of Transfer Expenses. As a condition to the effectiveness of any transferTransfer, the transferor or transferee shall pay all reasonable expenses, including out-of-pocket attorneys’ fees, incurred in connection with the assignment which may be effected as an offset to amounts otherwise distributable.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Andalusian Credit Company, LLC)

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Reimbursement of Transfer Expenses. As a condition to the effectiveness of any transfer, the transferor or transferee shall pay all reasonable expenses, including out-of-pocket attorneys’ fees, incurred by the Fund in connection with the assignment which may be effected as an offset to amounts otherwise distributable.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Stepstone Private Credit Fund LLC)

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