Common use of Additional Borrowings Clause in Contracts

Additional Borrowings. On any Business Day, the Co-Borrowers may, in accordance with the conditions set forth in Section 2.13 of the Indenture and in connection with an issuance of additional Notes pursuant thereto, borrow under Additional Loans. Such Additional Loans shall be subject to the conditions set forth in Section 2.13 of the Indenture, and may only be borrowed (i) if such conditions have been met and (ii) if the making of such Additional Loans and the principal amount thereof is specified in a Conforming Amendment to this Agreement that is acknowledged by the Loan Agent and the Collateral Trustee. The opportunity to act as Lender with respect to such Additional Loans will, to the extent reasonably practicable, be provided first to the existing Lenders in such amounts as are necessary to preserve their pro rata share of the

Appears in 1 contract

Sources: Credit Agreement (Barings Private Credit Corp)

Additional Borrowings. On any Business Day, the Co-Borrowers Borrower may, in accordance with the conditions set forth in Section 2.13 2.4 of the Indenture and in connection with an issuance of additional Notes Debt pursuant thereto, borrow under Additional Loans. Such Additional Loans shall be subject to the conditions set forth in Section 2.13 2.4 of the Indenture, and may only be borrowed (i) if such conditions have been met and (ii) if the making of such Additional Loans and the principal amount thereof is specified in a Conforming Amendment to this Agreement that is acknowledged by the Loan Agent and the Collateral Trustee. The opportunity to act as Lender with respect to such Additional Loans will, to the extent reasonably practicable, be provided first to the existing Lenders in such amounts as are necessary to preserve their pro rata share of the

Appears in 1 contract

Sources: Loan Agreement (Blue Owl Capital Corp)