Sales of Eligible Investments. Except as otherwise expressly provided herein, none of the Borrower or the Investment Manager may at any time sell (or direct the Collateral Agent to sell) or permit the sale of any Eligible Investment prior to its maturity date if the Borrower or the Investment Manager, as the case may be, determines that such Eligible Investment will sell at a price that is below the par value of such Eligible Investment.
Sales of Eligible Investments. Except as otherwise expressly provided herein, none of the Issuer, the Collateral Manager or the Trustee may at any time sell or permit the sale of any Eligible Investment prior to its maturity date if the Issuer or the Collateral Manager, as the case may be, determines that such Eligible Investment will sell at a price that is below the par value of such Eligible Investment.
Sales of Eligible Investments. Except as otherwise expressly provided herein, none of the Borrower Entities, the Collateral Manager or the Collateral Agent may at any time sell or permit the sale of any Eligible Investment (other than an Rule 2a7 money market fund) if the applicable Borrower Entity or the Collateral Manager determines that both (x) such Eligible Investment will sell at a price that is below such Borrower Entity’s purchase price of such Eligible Investment and (y) such Disposition will result in a Borrowing Base Def iciency. (e)
Sales of Eligible Investments. Except as otherwise expressly provided herein, none of the Issuer, the Investment Manager or the Trustee may at any time sell or permit the sale of any Eligible Investment prior to its maturity date if the Issuer or the Investment Manager, as the case may be, determines that such sale of such Eligible Investment will result in the Borrowing Base Test not being satisfied, unless (for so long as no Event of Default has occurred and is continuing) such sale is part of a plan to cure the non-satisfaction of such Borrowing Base Test.
