Borrower Subsidiaries. (i) Each Borrower Subsidiary is in compliance with the covenants set forth in Sections 5.02(a), (c), (d), (e), (f), (g), (h), (i), (k) and (p), in each case as if such covenants were applicable directly to such Borrower Subsidiary. (ii) No transfer of the equity in any Borrower Subsidiary shall be permitted without the prior written consent of the Administrative Agent.
Appears in 2 contracts
Sources: Loan and Servicing Agreement (HPS Corporate Lending Fund), Loan and Servicing Agreement (HPS Corporate Lending Fund)
Borrower Subsidiaries. (i) Each Borrower Subsidiary is in compliance with the covenants set forth in Sections 5.02(a), (c), (d), (e), (f), (g), (h), (i), (k) and (p), in each case as if such covenants were applicable directly to such Borrower Subsidiary.
(ii) No transfer of the equity in any Borrower Subsidiary shall be permitted without the prior written consent of the Administrative Agent.
Appears in 1 contract
Sources: Loan and Servicing Agreement (HPS Corporate Lending Fund)