Common use of Ordinary Course Clause in Contracts

Ordinary Course. Each repayment of principal or interest under this Agreement shall be (x) in payment of a debt incurred by the Borrower in the ordinary course of business or financial affairs of the Borrower and (y) made in the ordinary course of business or financial affairs of the Borrower.

Appears in 52 contracts

Sources: Credit Agreement (Blue Owl Credit Income Corp.), Credit Agreement (Blue Owl Credit Income Corp.), Credit Agreement (Blue Owl Technology Income Corp.)

Ordinary Course. Each repayment of principal or interest in respect of the Advances under this Agreement shall be (x) in payment of a debt incurred by the Borrower in the ordinary course of business or financial affairs of the Borrower and (y) made in the ordinary course of business or financial affairs of the Borrower.

Appears in 19 contracts

Sources: Credit and Security Agreement (Fidelity Private Credit Fund), Credit and Security Agreement (LGAM Private Credit LLC), Amendment No. 2 to Facility Documents (Blue Owl Technology Income Corp.)

Ordinary Course. Each repayment of principal or interest in respect of the Advances under this Agreement shall be (x) in payment of a debt incurred by the Borrower in the ordinary course of business or financial affairs of the Borrower and (y) made in the ordinary course of business or financial affairs of between the BorrowerBorrower and the Lenders.

Appears in 7 contracts

Sources: Credit and Security Agreement (Saratoga Investment Corp.), Credit and Security Agreement (Saratoga Investment Corp.), Credit and Security Agreement (Saratoga Investment Corp.)

Ordinary Course. Each repayment of principal or interest under this Agreement shall be (xa) in payment of a debt incurred by the Borrower in the ordinary course of business or financial affairs of the Borrower and (yb) made in the ordinary course of business or financial affairs of the Borrower.

Appears in 2 contracts

Sources: Credit Agreement (HPS Corporate Lending Fund), Credit Agreement (HPS Corporate Lending Fund)

Ordinary Course. Each repayment of principal of or interest on the Loans under this Agreement shall be (x) in payment of a debt incurred by the Borrower in the ordinary course of business or financial affairs of the Borrower and (y) made in the ordinary course of business or financial affairs of the Borrower.

Appears in 1 contract

Sources: Credit Agreement (NewStar Financial, Inc.)

Ordinary Course. Each repayment of principal or interest under this Agreement shall be (x) in payment of a debt incurred by the any Borrower in the ordinary course of business or financial affairs of the any Borrower and (y) made in the ordinary course of business or financial affairs of the any Borrower.. 101 Section

Appears in 1 contract

Sources: Credit Agreement (Nuveen Churchill Private Capital Income Fund)