Supplemental Testing of Values. Notwithstanding the foregoing, the Administrative Agent, individually or at the request of the Required Lenders, shall at any time have the right to request any Portfolio Investment to be independently tested by an Approved Third-Party Appraiser selected by the Administrative Agent at any time. There shall be no limit on the number of such appraisals requested by the Administrative Agent and the cost of such valuation shall be at the expense of the Borrower; provided that the Borrower’s obligation to reimburse valuation costs pursuant to this Section 5.12(b)(ii)(J) shall not exceed the Supplemental Cap unless an Event of Default shall have occurred and be continuing.
Appears in 3 contracts
Sources: Senior Secured Revolving Credit Agreement (Lafayette Square USA, Inc.), Senior Secured Revolving Credit Agreement (Lafayette Square USA, Inc.), Senior Secured Revolving Credit Agreement (Lafayette Square USA, Inc.)