S&P Rating. The Borrowers, the Administrative Agent and Majority Lenders shall endeavor to obtain an S&P rating of the Loans of at least "AA (sf)" no later than the three week anniversary of the Amended and Restated Closing Date and agree to amend this Agreement and the other Loan Documents as reasonably necessary to obtain such S&P rating. The Majority Lenders and the Administrative Agent will not unreasonably withhold consent to any document changes required by S&P in order to obtain a rating. If the Borrowers do not obtain such S&P rating prior to the three week anniversary of the Amended and Restated Closing Date, the Reinvestment Period shall automatically be suspended, unless the Majority Lenders provide written consent not to suspend the Reinvestment Period at such time; provided that during any such suspension, the Reinvestment Period shall still be considered ongoing for purposes of the Priority of Payments (unless otherwise terminated on a permanent basis in accordance with the terms of this Agreement). ARTICLE VI
Appears in 1 contract
Sources: Credit Agreement (Nuveen Churchill Private Capital Income Fund)
S&P Rating. The BorrowersBorrower, the Administrative Agent and Majority Lenders shall endeavor to obtain an S&P rating of the Loans of at least "AA (sf)" no later than the three week anniversary of the Amended and Restated Closing Date and agree to amend this Agreement and the other Loan Documents as reasonably necessary to obtain such S&P rating. The Majority Lenders and the Administrative Agent will not unreasonably withhold consent to any document changes required by S&P in order to obtain a rating. If the Borrowers do Borrower does not obtain such S&P rating prior to the three week anniversary of the Amended and Restated Closing Date, the Reinvestment Period shall automatically be suspended, unless the Majority Lenders provide written consent not to suspend the Reinvestment Period at such time; provided that during any such suspension, the Reinvestment Period shall still be considered ongoing for purposes of the Priority of Payments (unless otherwise terminated on a permanent basis in accordance with the terms of this Agreement). ARTICLE VI.
Appears in 1 contract
Sources: Credit Agreement (Nuveen Churchill Private Capital Income Fund)