Common use of Extension or Amendment of Loan Assets Clause in Contracts

Extension or Amendment of Loan Assets. The Manager will not, except as otherwise permitted hereunder, agree, on behalf of the Borrower, to extend, amend or otherwise modify the terms of any Loan Asset in a manner inconsistent with the Management Standards, and in any case will not amend or otherwise modify any Eligible Loan Asset to extend the maturity date thereof on any date following the end of the Revolving Period.

Appears in 2 contracts

Samples: Credit, Security and Management Agreement (Saratoga Investment Corp.), Credit, Security and Management Agreement (GSC Investment Corp.)

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Extension or Amendment of Loan Assets. The Borrower will not extend, amend or otherwise modify, or permit the Manager will not, except as otherwise permitted hereunder, agree, on its behalf of the Borrower, to extend, amend or otherwise modify modify, the terms of any Loan Asset in a manner inconsistent with the Management Standards, and in any case will not amend or otherwise modify any Delayed Funding Loan Asset or other Eligible Loan Asset to extend the maturity date thereof on any date following the end of the Revolving Period.

Appears in 2 contracts

Samples: Credit, Security and Management Agreement (Saratoga Investment Corp.), Credit, Security and Management Agreement (GSC Investment Corp.)

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