Common use of Special Purpose Entity Requirements Clause in Contracts

Special Purpose Entity Requirements. Conduct at all times its business and operations in accordance with the Special Purpose Entity Requirements and the provisions of Section 1.07 of the Limited Liability Company Agreement, maintain at all times 100% ownership of all Equity Interests of the Company by Borrower Parent.

Appears in 5 contracts

Samples: Credit Agreement (American Capital, LTD), Credit Agreement (American Capital Senior Floating, Ltd.), Credit Agreement (American Capital, LTD)

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Special Purpose Entity Requirements. Conduct at all times its business and operations (in all material respects, or as so qualified, as applicable) in accordance with the Special Purpose Entity Requirements and the provisions of Section 1.07 3, Section 4, Section 5, Section 8(c) and Section 24 of the Limited Liability Company Agreement, Agreement and maintain at all times 100% ownership of all Equity Interests of the Company by Borrower Parent. The Company shall give reasonable prior notice to the Administrative Agent of any amendment to the Investment Management Agreement, the Limited Liability Company Agreement or the Sale Agreement.

Appears in 3 contracts

Samples: Credit Agreement (Blackstone Secured Lending Fund), Credit Agreement (Blackstone Secured Lending Fund), Credit Agreement (Blackstone / GSO Secured Lending Fund)

Special Purpose Entity Requirements. Conduct at all times its business and operations in accordance with the Special Purpose Entity Requirements and the provisions of Section 1.07 of the Limited Liability Company Agreement, maintain at all times 100% ownership of all Equity Interests of the Company Borrower by Borrower Parent. The Borrower shall give reasonable prior notice to the Administrative Agent of any amendment to the Investment Management Agreement, its Organization Documents or the Sale Agreement.

Appears in 2 contracts

Samples: Credit Agreement (Palmer Square Capital BDC Inc.), Credit Agreement (Palmer Square Capital BDC Inc.)

Special Purpose Entity Requirements. Conduct at all times its business and operations in accordance with the Special Purpose Entity Requirements and the provisions of Section 1.07 of the Limited Liability Company Agreement, maintain at all times 100% ownership of all Equity Interests of the Company Borrower by Borrower Parent. The Borrower shall give reasonable prior notice to the Administrative Agent of any amendment to the Collateral Management Agreement, its Organization Documents or any Master Participation Agreement.

Appears in 1 contract

Samples: Credit Agreement (Owl Rock Core Income Corp.)

Special Purpose Entity Requirements. Conduct at all times its business and operations in accordance with the Special Purpose Entity Requirements and the provisions of Section 1.07 1.7 of the Limited Liability Company Agreement, Agreement and maintain at all times 100% ownership of all Equity Interests of the Company by Borrower Parent. The Company shall give reasonable prior notice to the Administrative Agent of any amendment to the Investment Management Agreement or the Limited Liability Company Agreement.

Appears in 1 contract

Samples: Credit Agreement (Barings BDC, Inc.)

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Special Purpose Entity Requirements. Conduct at all times its business and operations in accordance with the Special Purpose Entity Requirements and the provisions of Section 1.07 8 of the Limited Liability Company Agreement, Agreement and maintain at all times 100% ownership of all Equity Interests of the Company by Borrower Parent. The Company shall give reasonable prior notice to the Administrative Agent of any amendment to the Investment Management Agreement, the Limited Liability Company Agreement or the Sale Agreement.

Appears in 1 contract

Samples: Credit Agreement (Highland Floating Rate Opportunities Fund)

Special Purpose Entity Requirements. Conduct at all times its business and operations in accordance with the Special Purpose Entity Requirements and the provisions of Section 1.07 1.7 of the Limited Liability Company Agreement, Agreement and maintain at all times 100% ownership of all Equity Interests of the Company by Borrower Parent.. The Company shall give reasonable prior notice to the Administrative Agent of any amendment to the Investment Management Agreement, the Limited Liability Company Agreement or the Sale Agreement. 55

Appears in 1 contract

Samples: Credit Agreement (Barings BDC, Inc.)

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