Common use of Reserves Clause in Contracts

Reserves. In performing its duties hereunder, the Adviser shall cause the Company to provide for adequate reserves for normal replacements and contingencies (but not for payment of fees payable to the Adviser hereunder) by causing the Company to retain a reasonable percentage of proceeds from offerings and revenues.

Appears in 27 contracts

Samples: Administrative Services Agreement (FS Energy & Power Fund II), Administrative Services Agreement (FS Energy & Power Fund II), Administrative Services Agreement (FS Energy & Power Fund II)

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Reserves. In performing its duties hereunder, the Adviser shall cause the Company Corporation to provide for adequate reserves for normal replacements and contingencies (but not for payment of fees payable to the Adviser hereunder) by causing the Company Corporation to retain a reasonable percentage of proceeds from offerings and revenues.

Appears in 20 contracts

Samples: Investment Advisory and Management Agreement (Gladstone Lending Corp), Administrative Services Agreement (First Capital Investment Corp), Services Agreement (FS Investment Corp IV)

Reserves. In performing its duties hereunder, the Adviser Advisor shall cause the Company to provide for adequate reserves for normal replacements and contingencies (but not for payment of fees payable to the Adviser Advisor hereunder) by causing the Company to retain a reasonable percentage of proceeds from offerings and revenues.

Appears in 11 contracts

Samples: Administrative Services Agreement (Terra Income Fund 6, Inc.), Administrative Services Agreement (Terra Income Fund 6, Inc.), Investment Advisory And (Terra Income Fund 6, Inc.)

Reserves. In performing its duties hereunder, the Adviser shall cause the Company Fund to provide for adequate reserves for normal replacements and contingencies (but not for payment of fees payable to the Adviser hereunder) by causing the Company Fund to retain a reasonable percentage of proceeds from offerings and revenues.

Appears in 3 contracts

Samples: Investment Advisory and Administrative Services Agreement (FS Energy & Power Fund), Administrative Services Agreement (FS Energy & Power Fund), Investment Advisory And (FS Energy & Power Fund)

Reserves. In performing its duties hereunder, the Adviser shall cause the Company to provide for adequate reserves for normal replacements and contingencies (but not for the payment of fees payable to the Adviser hereunderdescribed in Section 3) by causing the Company to retain a reasonable percentage of proceeds from offerings and revenues.

Appears in 3 contracts

Samples: Investment Advisory and Management Services Agreement (BUSINESS DEVELOPMENT Corp OF AMERICA II), Investment Advisory (BUSINESS DEVELOPMENT Corp OF AMERICA II), Investment Advisory and Management Services Agreement (BDCA Senior Capital, Inc.)

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Reserves. In performing its duties hereunderunder the Agreement, the Adviser shall cause the Company to provide for adequate reserves for normal replacements and contingencies (but not for payment of fees payable to the Adviser hereunderunder the Agreement) by causing the Company to retain a reasonable percentage of proceeds from offerings and revenues.

Appears in 1 contract

Samples: Agreement (FS Investment Corp II)

Reserves. In performing its duties hereunder, the Adviser shall cause the Company to provide for adequate reserves for normal replacements and contingencies (but not for payment of fees payable to the Adviser hereunder) by causing the Company to retain a reasonable percentage of proceeds from offerings and revenues.. EXECUTION VERSION

Appears in 1 contract

Samples: Investment Advisory Agreement (Sierra Income Corp)

Reserves. In performing its duties hereunder, the Adviser Advisor shall cause the Company Advisee to provide for adequate reserves for normal replacements and contingencies (but not for payment of fees payable to the Adviser Advisor hereunder) by causing the Company Advisee to retain a reasonable percentage of proceeds from offerings and revenues.

Appears in 1 contract

Samples: Advisory Agreement (Greenbacker Renewable Energy Co LLC)

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