Common use of Returned Capital Clause in Contracts

Returned Capital. The Loan Parties shall promptly, following notification to the Investors of any Returned Capital: (a) notify the Administrative Agent in writing of such Returned Capital; (b) deliver to the Administrative Agent a revised Borrowing Base Certificate modified by the Loan Parties reflecting the changes to the Capital Commitments and the Uncalled Commitments resulting from the distribution of the Returned Capital; and (c) deliver to the Administrative Agent copies of all Capital Return Notices and a Capital Return Certification duly executed by the applicable Loan Party certifying that such Returned Capital each applicable Investor has been added back into such Investor’s Unfunded Commitment and confirming the Unfunded Commitment of such Investor after giving effect to the Returned Capital. The effective date on which an Investor’s Unfunded Commitment increases by Returned Capital for purposes of this Credit Agreement shall be the date on which the applicable Loan Party has delivered to the Lenders duly completed copies of the items required by this Section 9.18.

Appears in 6 contracts

Sources: Revolving Credit Agreement (Overland Advantage), Revolving Credit Agreement (Overland Advantage), Revolving Credit Agreement (Overland Advantage)

Returned Capital. The Loan Parties shall promptly, following notification to the Investors of any Returned Capital: (a) notify the Administrative Agent in writing of such Returned Capital; (b) deliver to the Administrative Agent a revised Borrowing Base Certificate modified by the Loan Parties reflecting the changes to the Capital Commitments and the Uncalled Commitments resulting from the distribution of the Returned Capital; and (c) deliver to the Administrative Agent copies of all Returned Capital Return Notices and a Capital Return Certification CertificationCertificates duly executed by the applicable Loan Party certifying that such Returned Capital each applicable Investor has been added back into such Investor’s Unfunded Commitment and confirming the Unfunded Commitment of such Investor after giving effect to the Returned Capital. The effective date on which an Investor’s Unfunded Commitment increases by Returned Capital for purposes of this Credit Agreement shall be the date on which the applicable Loan Party has delivered to the Lenders duly completed copies of the items required by this Section 9.18.

Appears in 1 contract

Sources: Credit Agreement (Overland Advantage)

Returned Capital. The Loan Parties shall promptly, following notification to the Investors of any Returned Capital: (a) notify the Administrative Agent in writing of such Returned Capital; (b) deliver to the Administrative Agent a revised Borrowing Base Certificate modified by the Loan Parties reflecting the changes to the Capital Commitments and the Uncalled Commitments resulting from the distribution of the Returned Capital; and (c) deliver to the Administrative Agent copies of all Capital Return Notices and a Capital Return Certification duly executed by the applicable Loan Party certifying that such Returned Capital each applicable Investor has been added back into such Investor’s Unfunded Commitment and confirming the Unfunded Commitment of such Investor after giving effect to the Returned Capital. The effective date on which an Investor’s Unfunded Commitment increases by Returned Capital for purposes of this Credit Agreement shall be the date on which the applicable Loan Party has delivered to the Lenders duly completed copies of the items required by this Section 9.18.

Appears in 1 contract

Sources: Revolving Credit Agreement (Senior Credit Investments, LLC)

Returned Capital. The Loan Parties shall promptly, will promptly following notification to the Investors of any Returned Capital: (a) notify the Administrative Agent in writing of such Returned Capital; (b) deliver to the Administrative Agent a revised Borrowing Base Certificate modified by the Loan Parties reflecting the changes to the Capital Commitments and the Uncalled Commitments Unfunded Commitments, resulting from the distribution of the Returned Capital; and (c) deliver to the Administrative Agent copies of all notices of Return Capital Return Notices sent to an Investor and a Capital Return Certification duly executed by the applicable Loan Party certificate of General Partner certifying that such Returned Capital each of the applicable Investor has been added back into such the applicable Investor’s Unfunded Commitment and confirming the Unfunded Commitment of such the applicable Investor after giving effect to the Returned Capital. The effective date on which an Investor’s Unfunded Commitment increases by Returned Capital for purposes of this Credit Agreement shall will be the date on which the applicable Loan Party General Partner has delivered to the Lenders Administrative Agent duly completed copies of the items required by this Section 9.18.

Appears in 1 contract

Sources: Revolving Credit Agreement (J.P. Morgan Real Estate Income Trust, Inc.)