Common use of Sales of Eligible Investments Clause in Contracts

Sales of Eligible Investments. Except as otherwise expressly provided herein, none of the Borrower, the Services Provider 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 Borrower or the Services Provider determines that such Eligible Investment will sell at a price that is below the Borrower’s purchase price of such Eligible Investment.

Appears in 2 contracts

Samples: Credit Agreement and Margining Agreement (Blue Owl Technology Income Corp.), Credit Agreement (Owl Rock Technology Income Corp.)

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Sales of Eligible Investments. Except as otherwise expressly provided herein, none of the Borrower, the Services Provider Borrower or the Collateral Agent Investment Manager may at any time sell (or direct the Collateral Agent to sell) or permit the sale of any Eligible Investment (other than an Rule 2a7 money market fund) prior to its maturity date if the Borrower or the Services Provider Investment Manager, as the case may be, determines that such Eligible Investment will sell at a price that is below the Borrower’s purchase price par value of such Eligible Investment.

Appears in 2 contracts

Samples: Credit Agreement (FS Energy & Power Fund), Credit Agreement (FS Investment Corp III)

Sales of Eligible Investments. Except as otherwise expressly provided herein, none of the BorrowerBorrower Entities, the Services Provider Investment 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 Services Provider Investment Manager determines that such Eligible Investment will sell at a price that is below the Borrowersuch Borrower Entity’s purchase price of such Eligible Investment.

Appears in 2 contracts

Samples: Credit Agreement (Kennedy Lewis Capital Co), Credit Agreement (Apollo Debt Solutions BDC)

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Sales of Eligible Investments. Except as otherwise expressly provided herein, none of the Borrower, the Services Provider Investment 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) prior to its maturity date if the Borrower or the Services Provider Investment Manager, as the case may be, determines that such Eligible Investment will sell at a price that is below the Borrower’s purchase price par value of such Eligible Investment.

Appears in 2 contracts

Samples: Credit Agreement (FS Investment Corp II), Credit Agreement (FS Energy & Power Fund)

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