Common use of Share Purchase Commitment Clause in Contracts

Share Purchase Commitment. In the event of a Distribution Shortfall for any month during the Term, NSAM FV shall purchase, either directly or through one or more of its Affiliates, Shares from the Master Fund in an aggregate amount equal to the Distribution Shortfall; provided, however, that NSAM FV shall not be obligated to purchase Shares for any month in which NII for such month exceeds the Threshold Amount, and further provided that NSAM FV’s obligation to purchase Shares pursuant to this Agreement shall be limited to an aggregate of $10,000,000 in purchase amount (when aggregated with any Shares purchased by NSAM FV or any of its Affiliates as the Seed Capital Investment). Any Shares purchased by NSAM FV pursuant to this Section 2 shall be purchased at NAV as of the date of purchase of the Shares.