Common use of The Revolving Commitments Clause in Contracts

The Revolving Commitments. On the terms and subject to the applicable conditions hereinafter set forth, including, without limitation, Article III: (a) each Revolving Lender severally agrees to make loans to the Borrower (each, a “Revolving Loan”) from time to time on any Business Day during the period from the 2025 Closing Date through the end of the Commitment Period, in each case in an aggregate principal amount at any one time outstanding up to but not exceeding (i) such ▇▇▇▇▇▇’s -72- Revolving Commitment and (ii) as to all Lenders, the Total Revolving Commitment at such time; and (b) within such limits and subject to the other terms and conditions of this Agreement, the Borrower may borrow (and re-borrow) Revolving Loans under this Section 2.1 and prepay Revolving Loans under Section 2.7.

Appears in 1 contract

Sources: Credit Agreement (Blue Owl Technology Finance Corp.)

The Revolving Commitments. On the terms and subject to the applicable conditions hereinafter set forth, including, without limitation, Article III: (a) each Revolving Lender severally agrees to make loans to the Borrower (each, a “Revolving Loan”) from time to time on any Business Day during the period from the 2025 Closing Date through the end of the Commitment Period, in each case in an aggregate principal amount at any one time outstanding up to but not exceeding (i) such ▇▇▇▇▇▇’s -72- Revolving Commitment and (ii) as to all Lenders, the Total Revolving Commitment at such time; and (b) within such limits and subject to the other terms and conditions of this Agreement, the Borrower may borrow (and re-borrow) Revolving Loans under this Section 2.1 and prepay Revolving Loans under Section 2.7.

Appears in 1 contract

Sources: Loan and Management Agreement (Blue Owl Technology Finance Corp.)