Example ContractsClausesapplication of other paymentsIdentical
Application of Other Payments
Application of Other Payments contract clause examples

Application of Insufficient Payments. If at any time insufficient funds are received by and available to the Administrative Agent to pay fully all amounts of principal, unreimbursed LC Disbursements, interest and fees of a Class then due hereunder, such funds shall be applied # first, to pay interest and fees of such Class then due hereunder, ratably among the parties entitled thereto in accordance with the amounts of interest and fees of such Class then due to such parties, and # second, to pay principal and unreimbursed LC Disbursements of such Class then due hereunder, ratably among the parties entitled thereto in accordance with the amounts of principal and unreimbursed LC Disbursements of such Class then due to such parties.

Goldman Sachs Middle Market Lending Corp. II (CIK 0001865174)
Source: SEC EDGAR database • Date: May 9, 2023 • SIC:  • CIK:

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