Common use of Capital Commitments Clause in Contracts

Capital Commitments. No Credit Party shall: (i) cancel, reduce, excuse, or ▇▇▇▇▇ the Capital Commitment of any Investor without the prior written consent of the Lenders which may be withheld in their sole discretion; or (ii) relieve, excuse, delay, postpone, compromise or ▇▇▇▇▇ any Investor from the making of any Capital Contribution (including, for the avoidance of doubt, in connection with any particular investment of such Credit Party), provided, however the Credit Parties may excuse any Investor from funding a Drawdown with respect to which an Investment Exclusion Event applies.

Appears in 3 contracts

Sources: Revolving Credit Agreement (Stone Point Credit Corp), Revolving Credit Agreement (Stone Point Credit Corp), Revolving Credit Agreement (Stone Point Credit Corp)

Capital Commitments. No Credit Party shall: (i) cancel, reduce, excuse, or ▇▇▇▇▇ the Capital Commitment of any Investor without the prior written consent of the Lenders which may be withheld in their sole discretion; or (ii) relieve, excuse, delay, postpone, compromise or ▇▇▇▇▇ any Investor from the making of any Capital Contribution (including, for the avoidance of doubt, in connection with any particular investment of such Credit Party), provided, provided however the Credit Parties may excuse any Investor from funding a Drawdown Capital Call with respect to which an Investment Exclusion Event applies.

Appears in 2 contracts

Sources: Revolving Credit Agreement (AB Commercial Real Estate Private Debt Fund, LLC), Revolving Credit Agreement (AB Commercial Real Estate Private Debt Fund, LLC)

Capital Commitments. No Credit Party shall: (i) cancel, reduce, excuse, or ▇▇▇▇▇ the Capital Commitment of any Investor without the prior written consent of the Administrative Agent and the Required Lenders which which, in each case, may be withheld in their sole discretion; or (ii) relieve, excuse, delay, postpone, compromise or ▇▇▇▇▇ any Investor from the making of any Capital Contribution (including, for the avoidance of doubt, in connection with any particular investment Investment of such Credit Party), provided, provided however the Credit Parties may excuse any Investor from funding a Drawdown Capital Call with respect to which an Investment Exclusion Event applies.

Appears in 2 contracts

Sources: Revolving Credit Agreement (Crescent Capital BDC, Inc.), Revolving Credit Agreement (Crescent Capital BDC, Inc.)

Capital Commitments. No Credit Party shall: (i) cancel, reduce, excuse, or a▇▇▇▇ the Capital Commitment of any Investor without the prior written consent of the Lenders which may be withheld in their sole discretion; or (ii) relieve, excuse, delay, postpone, compromise or a▇▇▇▇ any Investor from the making of any Capital Contribution (including, for the avoidance of doubt, in connection with any particular investment of such Credit Party), provided, however the Credit Parties may excuse any Investor from funding a Drawdown with respect to which an Investment Exclusion Event applies.

Appears in 2 contracts

Sources: Revolving Credit Agreement (Stone Point Credit Corp), Revolving Credit Agreement (Stone Point Credit Corp)

Capital Commitments. No Credit Borrower Party shall: (i) cancel, reduce, excuse, or a▇▇▇▇ the Capital Commitment of any Investor without the prior written consent of the Lenders Lender which may be withheld in their its sole discretion; or (ii) relieve, excuse, delay, postpone, compromise or a▇▇▇▇ any Investor from the making of any Capital Contribution (including, for the avoidance of doubt, in connection with any particular investment Investment of such Credit Borrower Party), ; provided, however that the Credit Parties applicable Borrower Party may excuse any an Investor from funding a Drawdown Capital Call with respect to which an Investment Exclusion Event appliesapplies to such Investor.

Appears in 1 contract

Sources: Revolving Credit and Security Agreement (Stellus Private Credit BDC)