Common use of Returns of Capital Clause in Contracts

Returns of Capital. In the event that any Obligor shall receive any Net Return of Capital at any time after the Availability Period, the Borrower shall, no later than the third Business Day following the receipt of such Net Return of Capital, prepay the Loans in an amount equal to 100% of such Net Return of Capital (and the Commitments shall be permanently reduced by such amount).

Appears in 13 contracts

Samples: Secured Revolving Credit Agreement (Barings BDC, Inc.), Secured Revolving Credit Agreement (Oaktree Specialty Lending Corp), Senior Secured (Oaktree Strategic Credit Fund)

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Returns of Capital. In the event that any Obligor shall receive any Net Return of Capital at any time after the Availability Period, the Borrower shall, no later than the third fifth (5th) Business Day following the receipt of such Net Return of Capital, prepay the Loans in an amount equal to 100% of such Net Return of Capital (and the Commitments shall be permanently reduced by such amount).

Appears in 7 contracts

Samples: Senior Secured Revolving Credit Agreement (Capital Southwest Corp), Secured Revolving Credit Agreement (Capital Southwest Corp), Secured Revolving Credit Agreement (BlackRock TCP Capital Corp.)

Returns of Capital. In the event that any Obligor shall receive any Net Return of Capital at any time after the Availability Period, the Borrower shall, no later than the third Business Day following the receipt of such Net Return of Capital, prepay the Loans in an amount equal to 100% of such Net Return of Capital (and the Commitments shall be permanently reduced by such amount).

Appears in 6 contracts

Samples: Secured Revolving Credit Agreement (Fifth Street Finance Corp.), Senior Secured Revolving Credit Agreement (Fifth Street Finance Corp), Senior Secured Revolving Credit Agreement (Fifth Street Finance Corp)

Returns of Capital. In the event that any Obligor shall receive any Net Return of Capital at any time after the Availability Period, the Borrower shall, no later than the third Business Day following the receipt of such Net Return of Capital, prepay the Loans in an amount equal to 100% of such Net Return of Capital (and the Commitments shall be permanently reduced by such amount).

Appears in 5 contracts

Samples: Secured Revolving Credit Agreement (Capitala Finance Corp.), Senior Secured Revolving Credit Agreement (Alcentra Capital Corp), Senior Secured Revolving Credit Agreement (Capitala Finance Corp.)

Returns of Capital. In the event that any Obligor shall receive any Net Return of Capital at any time after the applicable Availability Period, the Borrower shall, no later than the third Business Day following the receipt of such Net Return of Capital, prepay the Loans in an amount equal to 100% of such Net Return of Capital (and the Commitments shall be permanently reduced by such amount).

Appears in 2 contracts

Samples: Revolving Credit Agreement (Oaktree Strategic Credit Fund), Revolving Credit Agreement (Oaktree Specialty Lending Corp)

Returns of Capital. In the event that any Obligor shall receive any Net Return of Capital at any time after the Availability Period, the Borrower shall, no later than the third Business Day following the receipt of such Net Return of Capital, prepay the Loans in an amount equal to 10090% of such Net Return of Capital (and the Commitments shall be permanently reduced by such amount).

Appears in 1 contract

Samples: Senior Secured (THL Credit, Inc.)

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Returns of Capital. In the event that any Obligor shall receive any Net Return of Capital at any time after the Availability Period, the Borrower shall, no later than the third fifth (5th) Business Day following the receipt of such Net Return of Capital, prepay the Loans in an amount equal to 100% of such Net Return of Capital (and the Commitments shall be permanently reduced by such amount).. (iv)

Appears in 1 contract

Samples: Secured Revolving Credit Agreement (Capital Southwest Corp)

Returns of Capital. In the event that any Obligor shall receive any Net Return of Capital at any time after the Non-Extended Availability Period, the Borrower shall, no later than the third fifth (5th) Business Day following the receipt of such Net Return of Capital, prepay the Loans in an amount equal to 100% of such Net Return of Capital (and the Commitments shall be permanently reduced by such amount).

Appears in 1 contract

Samples: Senior Secured Revolving Credit Agreement (Capital Southwest Corp)

Returns of Capital. In the event that any Obligor shall receive any Net Return of Capital at any time after during the continuation of a Coverage Ratio Prepayment Event at any time during the Availability Period, the Borrower shall, no later than the third Business Day following the receipt of such Net Return of Capital, prepay the Loans in an amount equal to 100% of such Net Return of Capital (and provided that the Commitments shall only be permanently reduced by such amountamount if such prepayment is made after the Availability Period in accordance with Section 2.08(c)(iii)).

Appears in 1 contract

Samples: Secured Revolving Credit Agreement (Capitala Finance Corp.)

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