Common use of Alternative Currency Sublimit Clause in Contracts

Alternative Currency Sublimit. If, on any day, the Dollar Equivalent of the Principal Obligations of Loans denominated in Alternative Currencies exceeds the Alternative Currency Sublimit, then the Borrowers shall pay the outstanding principal amount of the Principal Obligations in an amount necessary to cure such excess ratably to the applicable Lenders, in immediately available funds, promptly and in any event within the Required Payment Time.

Appears in 2 contracts

Sources: Revolving Credit Agreement (AGL Private Credit Income Fund), Revolving Credit Agreement (AGL Private Credit Income Fund)