Automatic Reduction and Termination. The Commitments of all Lenders shall be automatically reduced to zero at 5:00 p.m. on the Commitment Termination Date.
Appears in 35 contracts
Sources: Credit and Security Agreement (Saratoga Investment Corp.), Credit and Security Agreement (LGAM Private Credit LLC), Credit and Security Agreement (Fidelity Private Credit Fund)
Automatic Reduction and Termination. The Subject to the provisions of Section 8.04, the Commitments of all Lenders shall be automatically reduced to zero at 5:00 p.m. on the Commitment Termination Date.
Appears in 16 contracts
Sources: Revolving Credit and Security Agreement (Remora Capital Corp), Revolving Credit and Security Agreement (PennantPark Floating Rate Capital Ltd.), Revolving Credit and Security Agreement (PennantPark Floating Rate Capital Ltd.)
Automatic Reduction and Termination. The Subject to the provisions of Section 8.04, the Commitments of all Lenders shall be automatically reduced to zero at 5:00 p.m. on the Commitment Facility Termination Date.
Appears in 3 contracts
Sources: Revolving Credit and Security Agreement (KKR FS Income Trust Select), Revolving Credit and Security Agreement (KKR FS Income Trust Select), Revolving Credit and Security Agreement (KKR Enhanced US Direct Lending Fund-L Inc.)
Automatic Reduction and Termination. The Commitments of all Committed Lenders shall be automatically reduced to zero at 5:00 p.m. (New York time) on the Commitment Termination Date.
Appears in 1 contract
Sources: Revolving Credit and Security Agreement (ACV Auctions Inc.)