Common use of Replacement of Funding Party Clause in Contracts

Replacement of Funding Party. If (i) any Funding Party requests compensation under Section 4.04, (ii) any Borrower Party is required (or is likely to be required) to pay any additional amount to any Funding Party or any Governmental Authority for the account of any Funding Party pursuant to Section 4.01, (iii) any Funding Party gives notice pursuant to Section 4.03, (iv) any Funding Party does not provide any consent requested by Borrowers pursuant to Section 12.01, or (v) any Funding Party is a Defaulting Lender (in any such case, an “Affected Funding Party”), then Borrowers may, at its sole expense and effort:

Appears in 3 contracts

Samples: Revolving Credit Agreement (Goldman Sachs Private Middle Market Credit II LLC), Revolving Credit Agreement (Goldman Sachs Private Middle Market Credit II LLC), Credit Agreement (Goldman Sachs Private Middle Market Credit II LLC)

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Replacement of Funding Party. If (i) any Funding Party requests compensation under Section 4.04, (ii) any Borrower Party is required (or is likely to be required) to pay Indemnified Taxes or any additional amount amounts to any Funding Party or any Governmental Authority for the account of any Funding Party pursuant to Section 4.01, (iii) any Funding Party gives a notice pursuant to Section 4.02 or 4.03, (iv) any Funding Party Committed Lender does not provide any consent requested by Borrowers pursuant to an amendment or waiver under Section 12.01, 13.01 or (v) any Funding Party is Committed Lender becomes a Defaulting Lender (in any such caseLender, an “Affected Funding Party”), then Borrowers Borrower may, at its sole expense cost and effort:, replace such Funding Party’s Lender Group in accordance with Section

Appears in 2 contracts

Samples: Revolving Credit Agreement (TCW Direct Lending LLC), Revolving Credit Agreement (TCW Direct Lending LLC)

Replacement of Funding Party. If (i) any Funding Party requests compensation under Section 4.04, (ii) any Borrower Party is required (or is likely to be required) to pay Indemnified Taxes or any additional amount amounts to any Funding Party or any Governmental Authority for the account of any 4879-7367-7649 v.18 Funding Party pursuant to Section 4.01, (iii) any Funding Party gives a notice pursuant to Section Sections 4.02 or 4.03, (iv) any Funding Party Committed Lender does not provide any consent requested by Borrowers pursuant to an amendment or waiver under Section 12.01, 13.01 or (v) any Funding Party is Committed Lender becomes a Defaulting Lender (in any such caseLender, an “Affected Funding Party”), then Borrowers Borrower may, at its sole expense cost and effort:, replace such Funding Party’s Lender Group in accordance with Section

Appears in 1 contract

Samples: Revolving Credit Agreement (TCW Direct Lending VII LLC)

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Replacement of Funding Party. If (i) any Funding Party requests compensation under Section 4.04, (ii) any Borrower Party is required (or is likely to be required) to pay any additional amount to any Funding Party or any Governmental Authority for the account of any Funding Party pursuant to Section 4.01, (iii) any Funding Party gives notice pursuant to Section 4.03, (iv) any Funding Party does not provide any consent requested by Borrowers pursuant to Section 12.01, or (v) any Funding Party is a Defaulting Lender (in any such case, an “Affected Funding Party”), then Borrowers may, at its sole expense and effort:: 125 0000-0000-0000 v.54890-8208-0090 v.3

Appears in 1 contract

Samples: Revolving Credit Agreement (Goldman Sachs Private Middle Market Credit II LLC)

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