ORTF definition
Examples of ORTF in a sentence
An Officer’s certificate of ORTF, dated as of the Closing Date, certifying that ORTF will not take any action that would result in the Issuer being treated as a corporation or a “publicly traded partnership” taxable as a corporation for U.S. federal income tax purposes.
Any holder of Securities, ORTF, the Collateral Manager or any of their respective Affiliates or accounts managed thereby or by any of their respective Affiliates may, subject to the same terms and conditions afforded to other bidders and compliance with applicable law (including the Advisers Act), bid on Assets to be sold as part of an Optional Redemption or Tax Redemption.
The Collateral Manager may direct the Trustee to sell any Collateral Obligation to ORTF at any time in connection with an optional purchase or substitution of such Collateral Obligation pursuant to Section 12.3, it being understood that such sales will be subject to the Purchase and Substitution Limit.
The Issuer and the Trustee agree that ORTF shall be a third party beneficiary of this Indenture solely for purposes of this Section 12.3, and shall be entitled to rely upon and enforce such provisions of this Section 12.3 to the same extent as if it were a party hereto.
In addition to the right to substitute for any Collateral Obligations that become subject to a Substitution Event, ORTF shall have the right, but not the obligation, to purchase from the Issuer any Collateral Obligation subject to the Purchase and Substitution Limit at a cash purchase price at least equal to the Fair Market Value of such Collateral Obligation (or applicable portion thereof) as of the date of such purchase, which the Trustee shall deposit into the Collection Account upon receipt.
ORTF Funding I LLC ▇▇▇ ▇▇▇▇ ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇ New York, NY 10022 Telephone: (▇▇▇) ▇▇▇-▇▇▇▇ E-mail: Attention: ▇▇▇▇▇ ▇▇▇▇ Blue Owl Rock Technology Finance Corp.