Unquoted Investments definition

Unquoted Investments has the meaning set forth in Section 5.12(b)(ii)(B).

Unquoted Investments means a Portfolio Investment with a value assigned by the Borrower pursuant to Section 5.12(b)(ii)(B).

Unquoted Investments means Investments other than Quoted Investments.

Examples of Unquoted Investments in a sentence

• The Administrative Agent agrees to notify the Borrower of the Unquoted Investments selected by the Administrative Agent to be tested in each Testing Period.

• For the avoidance of doubt, Unquoted Investments that are part of the Collateral but not included in the Borrowing Base as of a Valuation Testing Date shall not be subject to testing under this Section 5.12(b)(iii); provided that such Unquoted Investment shall continue to be excluded from the Borrowing Base until such time as the Borrower determines (subject to the other terms and conditions contained herein) to include it in the Borrowing Base.

• With respect to Portfolio Investments for which market quotations are not readily available (“Unquoted Investments”), the Borrower shall value such Portfolio Investments quarterly in a manner consistent with its “Net Asset Valuation Policy” (the “Valuation Policy”), including valuation of at least 35% by value of all Unquoted Investments using the assistance of an Approved Third Party Appraiser.

• For the avoidance of doubt, Unquoted Investments that are part of the Collateral but not included in the Borrowing Base as of a Valuation Testing Date (the “Applicable Valuation Testing Date”) shall not be subject to testing under this Section 5.12(b)(iii).

• With respect to Unquoted Investments, the Borrower shall use a standardized template designed to approximate fair market values based on observable market inputs, updated credit statistics and unobservable inputs to determine a preliminary value.

More Definitions of Unquoted Investments

Unquoted Investments means a Portfolio Investment with a value assigned by the Borrower pursuant to Section 5.12(b)(ii)(B) and confirmed by the report of the Approved Third-Party Appraiser.

Unquoted Investments means any Portfolio Investment other than a Quoted Investment.

Unquoted Investments means Fund Investments other than Cash or Cash Equivalents for which the Market Value has not been obtained from an Approved Source.

Unquoted Investments is defined in Section 6.9(a)(i).

Unquoted Investments means any Authorised Investment which is not quoted, listed or dealt in on any Recognised Exchange or any OTC Market.

Unquoted Investments has the meaning assigned to such term in Section 5.12(b)(ii)(B).  BUSINESS.29745768.5

Unquoted Investments has the meaning assigned to such term in Section 5.12(b)(ii)(B). “Unsecured Longer-Term Indebtedness” means (A) prior to May 3125, 20182024, the 20192025 Notes, and (B) any other Indebtedness of the Borrower for borrowed money that (a) has no amortization, or mandatory redemption, repurchase or prepayment prior to, and a final maturity date not earlier than, six months after the Maturity Date (it being understood that (i) the conversion features into Permitted Equity Interests under convertible notes (as well as the triggering of such conversion and/or settlement thereof solely with Permitted Equity Interests, except in the case of interest, fractional shares pursuant to customary and market conversion and other provisions or expenses (which may be payable in cash)) shall not constitute “amortization”, “redemption”, “repurchase” or “prepayment” for the purposes of this definition and (ii) any amortization, mandatory redemption, repurchase or prepayment obligation or put right that is contingent upon the happening of an event that is not certain to occur (including, without limitation, a Change in Control or bankruptcy) shall not in and of itself be deemed to disqualify such Indebtedness under this clause (a)), (b) is incurred pursuant to documentation containing (i) financial covenants, covenants governing the borrowing base, if any, covenants regarding portfolio valuation, and events of default that are no more restrictive in any respect than those set forth in this Agreement (other than, if such Indebtedness is governed by a customary indenture or similar instrument, events of default that are customary in indentures or similar instruments and that have no analogous provisions in this Agreement or credit agreements generally) (provided that, upon the Borrower’s request, this Agreement will be deemed to be automatically amended (and, upon the request of the Administrative Agent or the Required Lenders, the Borrower and the Lenders shall enter into a document evidencing such amendment), mutatis mutandis, to make such covenants more restrictive in this Agreement as may be necessary to meet the requirements of this clause (b)(i)) (it being understood that customary put rights or repurchase or redemption obligations (x) in the case of convertible securities, in connection with the suspension or delisting of the Equity Interests of the Borrower or the failure of the Borrower to satisfy a continued listing rule with respect to its Equity Interests or (y) arisin...