Common use of Effective Date; Purchase of Additional Collateral Obligations Clause in Contracts

Effective Date; Purchase of Additional Collateral Obligations. The Issuer will use commercially reasonable efforts to purchase, on or before April 6June 30, 20212022, Collateral Obligations (i) such that the Target Initial Par Condition is satisfied and (ii) that satisfy, as of the Effective Date, the Concentration Limitations, the Collateral Quality Test and the Coverage Tests.

Appears in 1 contract

Sources: First Supplemental Indenture (Owl Rock Capital Corp)

Effective Date; Purchase of Additional Collateral Obligations. (a) The Issuer will use commercially reasonable efforts to purchase, on or before April 6June 30September 20, 202120222022, Collateral Obligations (i) such that the Target Initial Par Condition is satisfied and (ii) that satisfy, as of the Effective Date, the Concentration Limitations, the Collateral Quality Test and the Coverage Tests.

Appears in 1 contract

Sources: Indenture and Security Agreement (Nuveen Churchill Direct Lending Corp.)