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Common use of Drawdowns Clause in Contracts

Drawdowns. During the Investment Period, the Adviser may issue capital calls, and Common Unitholders will be required to make Drawdown Purchases, for any permitted Fund purpose in the manner set forth below:

Appears in 11 contracts

Sources: Limited Liability Company Agreement (New Mountain Guardian III BDC, L.L.C.), Merger Agreement (New Mountain Guardian III BDC, L.L.C.), Limited Liability Company Agreement (New Mountain Guardian IV BDC, L.L.C.)

Related Clauses

  • Drawdown
  • Drawdown Date
  • Term Loan Advances
  • Loan Advances
  • Term Advances

Parent Clauses

  • MEMBERS, VOTING, AND CONSENTS
  • Acceptance by the Company
  • Financial Statements, Reports and Notices
  • Subscription
  • Fees and Expenses, etc

Sub-Clauses

  • Drawdown Notice
  • Subsidiary Reimbursement Covenant
  • Contents of Drawdown Notices
  • Calculation of Each Member’s Share of a Drawdown
  • Timing of Drawdown Notices; Use of Drawdowns
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