if, as of such date, the Relevant Asset Coverage Ratio is # greater than or equal to 2.00:1:00, the Advance Rate applicable to that portion of the aggregate Value of the Portfolio Investments of all issuers in a consolidated group of corporations or other entities, exceeding 12% of the aggregate Value of all Portfolio Investments in the Collateral Pool shall be 0%; # less than 2.00:1:00 and greater than or equal to 1.75:1.00, the Advance Rate applicable to that portion of the aggregate Value of the Portfolio Investments of all issuers in a consolidated group of corporations or other entities, exceeding 10% of the aggregate Value of all Portfolio Investments in the Collateral Pool shall be 0% or # less than 1.75:1:00, the Advance Rate applicable to that portion of the aggregate Value of the Portfolio Investments of all issuers in a consolidated group of corporations or other entities, exceeding 8% of the aggregate Value of all Portfolio Investments in the Collateral Pool shall be 0%;
if, as of such date, the Relevant Asset Coverage Ratio is # greater than or equal to 2.00:1:00, the Advance Rate applicable to that portion of the aggregate Value of the Portfolio Investments of all issuers in a consolidated group of corporations or other entities, exceeding 12%in accordance with GAAP, that exceeds 6% of the aggregate Value of all Portfolio Investments in the Collateral Pool shall be 0%;50% of the Advance Rate otherwise applicable; # less than 2.00:1:00 and greater than or equal to 1.75:1.00, the Advance Rate applicable to that portion of the aggregate Value of the Portfolio Investments of all issuers in a consolidated group of corporations or other entities, exceeding 10%entities in accordance with GAAP, that exceeds 5% of the aggregate Value of all Portfolio Investments in the Collateral Pool shall be 0%50% of the Advance Rate otherwise applicable or # less than 1.75:1:00, the Advance Rate applicable to that portion of the aggregate Value of the Portfolio Investments of all issuers in a consolidated group of corporations or other entities, exceeding 8%entities in accordance with GAAP, that exceeds 4% of the aggregate Value of all Portfolio Investments in the Collateral Pool shall be 0%;50% of the Advance Rate otherwise applicable;
if, as of such date, the Relevant Asset Coverage Ratio is # greater than or equal to 2.00:1:00, the Advance Rate applicable to that portion of the aggregate Value of the Portfolio Investments of all issuers in a consolidated group of corporations or other entities, exceeding 12%any single Industry Classification Group that exceeds 25% of the aggregate Value of all Portfolio Investments in the Collateral Pool shall be 0%; provided that, with respect to the Portfolio Investments in a single Industry Classification Group from time to time designated by the Borrower to the Administrative Agent, such 25% figure shall be increased to 27.5% and, accordingly, only to the extent that the Value for such single Industry Classification Group exceeds 27.5% of the aggregate Value of all Portfolio Investments in the Collateral Pool shall the Advance Rate applicable to such excess Value be 0%; # less than 2.00:1:00 and greater than or equal to 1.75:1.00, the Advance Rate applicable to that portion of the aggregate Value of the Portfolio Investments of all issuers in a consolidated group of corporations or other entities, exceeding 10%any single Industry Classification Group that exceeds 20% of the aggregate Value of all Portfolio Investments in the Collateral Pool shall be 0% or; provided that, with respect to the Portfolio Investments in a single Industry Classification Group from time to time designated by the Borrower to the Administrative Agent, such 20% figure shall be increased to 22.5% and, accordingly, only to the extent that the Value for such single Industry Classification Group exceeds 22.5% of the aggregate Value of all Portfolio Investments in the Collateral Pool shall the Advance Rate applicable to such excess Value be 0%; and # less than 1.75:1:00, the Advance Rate applicable to that portion of the aggregate Value of the Portfolio Investments of all issuers in a consolidated group of corporations or other entities, exceeding 8%any single Industry Classification Group that exceeds 15% of the aggregate Value of all Portfolio Investments in the Collateral Pool shall be 0%; provided that, with respect to the Portfolio Investments in a single Industry Classification Group from time to time designated by the
if, as of such date, the Relevant Asset Coverage Ratio is # greater than or equal to 2.00:1:1.00, the Advance Rate applicable to that portion of the aggregate Value of the Portfolio Investments included in the Gross Eligible Borrowing Base of all issuers in a consolidated group of corporations or other entities,entities (collectively, a “Consolidated Group”) in accordance with GAAP exceeding 12%6% of the aggregate Value of all Portfolio Investments in the Collateral PoolGross Eligible Borrowing Base, shall be 0%;50% of the otherwise applicable Advance Rate; # less than 2.00:1:1.00 and greater than or equal to 1.75:1.00, the Advance Rate applicable to that portion of the aggregate Value of the Portfolio Investments included in the Gross Eligible Borrowing Base of all issuers in a consolidated group of corporations or other entities,Consolidated Group in accordance with GAAP exceeding 10%5% of the aggregate Value of all Portfolio Investments in the Collateral PoolGross Eligible Borrowing Base, shall be 0%50% of the otherwise applicable Advance Rate; or # less than 1.75:1:1.00, the Advance Rate applicable to that portion of the aggregate Value of the Portfolio Investments included in the Gross Eligible Borrowing Base of all issuers in a consolidated group of corporations or other entities,Consolidated Group in accordance with GAAP exceeding 8%4% of the aggregate Value of all Portfolio Investments in the Collateral PoolGross Eligible Borrowing Base, shall be 0%;50% of the otherwise applicable Advance Rate;
if, as of such date, the Relevant Asset Coverage Ratio is # greater than or equal to 2.00:1:1.00, the Advance Rate applicable to that portion of the aggregate Value of the Portfolio Investments included in the Gross Eligible Borrowing Base of all issuers in a consolidated group of corporations or other entities,Consolidated Group in accordance with GAAP exceeding 12% of the aggregate Value of all Portfolio Investments in the Collateral PoolGross Eligible Borrowing Base, shall be 0%; # less than 2.00:1:1.00 and greater than or equal to 1.75:1.00, the Advance Rate applicable to that portion of the aggregate Value of the Portfolio Investments included in the Gross Eligible Borrowing Base of all issuers in a consolidated group of corporations or other entities,Consolidated Group in accordance with GAAP exceeding 10% of the aggregate Value of all Portfolio Investments in the Collateral PoolGross Eligible Borrowing Base shall be 0%; or # less than 1.75:1:1.00, the Advance Rate applicable to that portion of the aggregate Value of the Portfolio Investments included in the Gross Eligible Borrowing Base of all issuers in a consolidated group of corporations or other entities,Consolidated Group in accordance with GAAP exceeding 8% of the aggregate Value of all Portfolio Investments in the Collateral PoolGross Eligible Borrowing Base, shall be 0%; # if, as of such date, the Relevant Asset Coverage Ratio is # greater than or equal to 2.00:1.00, the Advance Rate applicable to that portion of the aggregate Value of the Portfolio Investments included in the Gross Eligible Borrowing Base in any single Industry Classification Group that exceeds 25% of the aggregate Value of all Portfolio Investments in the Gross Eligible Borrowing Base, shall be 0%, provided that, with respect to Portfolio Investments in a single Industry Classification Group from time to time designated by the Borrower to the Administrative Agent, such 25% figure shall be increased to 30%, # less than 2.00:1.00 and greater than or equal to 1.75:1.00, the Advance Rate applicable to that portion of the aggregate Value of the Portfolio Investments included in the Gross Eligible Borrowing Base in any single Industry Classification Group that exceeds 20% of the aggregate Value of all Portfolio Investments in the Gross Eligible Borrowing Base, shall be 0%, provided that, with respect to Portfolio Investments in a single Industry Classification Group from time to time designated by the Borrower to the Administrative Agent, such 20% figure shall be increased to 25%, or # less than 1.75:1.00, the Advance Rate applicable to that portion of the aggregate Value of the Portfolio Investments included in the Gross Eligible Borrowing Base in any single Industry Classification Group that exceeds 20% of the aggregate Value of all Portfolio Investments in the Gross Eligible Borrowing Base, shall be 0%;
if, as of such date, the Relevant Asset Coverage Ratio is # greater than or equal to 2.00:1:00, the Advance Rate applicable to that portion of the aggregate Value of the PortfolioBorrower’s investments in Non-Core Investments of all issuers in a consolidated group of corporations or other entities, exceeding 12%shall be 0% to the extent necessary so that no more than 20% of the aggregate Value of all Portfolio Investments in the Collateral Pool shall be 0%;Borrowing Base is attributable to such investments, # less than 2.00:1:00 and greater than or equal to 1.75:1.00, the Advance Rate applicable to that portion of the aggregate Value of the PortfolioBorrower’s investments in Non-Core Investments of all issuers in a consolidated group of corporations or other entities, exceedingshall be 0% to the extent necessary so that no more than 10% of the aggregate Value of all Portfolio Investments in the Collateral Pool shall be 0%Borrowing Base is attributable to such investments or # less than 1.75:1:00, the Advance Rate applicable to that portion of the aggregate Value of the PortfolioBorrower’s investments in Non-Core Investments of all issuers in a consolidated group of corporations or other entities, exceeding 8%shall be 0% to the extent necessary so that no more than 5% of the aggregate Value of all Portfolio Investments in the Collateral Pool shall be 0%;Borrowing Base is attributable to such investments;
if, as of such date, the Relevant Asset Coverage Ratio is # greater than or equal to 2.00:1:00, the Advance Rate applicable to that portion of the aggregate Value of the Portfolio Investments of all issuers in a consolidated group of corporations or other entities, exceeding 12% of the aggregate Value of all Portfolio Investments in the Collateral Pool shall be 0%; # less than 2.00:1:00 and greater than or equal to 1.75:1.00, the Advance Rate applicable to that portion of the aggregate Value of the PortfolioBorrower’s investments in Junior Investments of all issuers in a consolidated group of corporations or other entities, exceeding 10%and Non-Core Investments shall be 0% to the extent necessary so that no more than 30% of the aggregate Value of all Portfolio Investments in the Collateral Pool shall be 0%Borrowing Base is attributable to such investments or # less than 1.75:1:00, the Advance Rate applicable to that portion of the aggregate Value of the PortfolioBorrower’s investments in Junior Investments of all issuers in a consolidated group of corporations or other entities, exceeding 8%and Non-Core Investments shall be 0% to the extent necessary so that no more than 20% of the aggregate Value of all Portfolio Investments in the Collateral Pool shall be 0%;Borrowing Base is attributable to such investments;
if, as of such date, the Relevant Asset Coverage Ratio is # greater than or equal to 2.00:1:1.00, the Advance Rate applicable to that portion of the aggregateBorrowing Value of Non-Core Investments shall be 0% to the Portfolio Investments of all issuers in a consolidated group of corporations or other entities, exceeding 12%extent necessary so that no more than 20% of the aggregate Value of all Portfolio Investments in the Collateral Pool shall be 0%;Borrowing Base is attributable to such investments, # less than 2.00:1:1.00 and greater than or equal to 1.75:1.00, the Advance Rate applicable to that portion of the aggregateBorrowing Value of Non-Core Investments shall be 0% to the Portfolio Investments of all issuers in a consolidated group of corporations or other entities, exceedingextent necessary so that no more than 10% of the aggregate Value of all Portfolio Investments in the Collateral Pool shall be 0%Borrowing Base is attributable to such investments or # less than 1.75:1:1.00, the Advance Rate applicable to that portion of the aggregateBorrowing Value of Non-Core Investments shall be 0% to the Portfolio Investments of all issuers in a consolidated group of corporations or other entities, exceeding 8%extent necessary so that no more than 5% of the aggregate Value of all Portfolio Investments in the Collateral Pool shall be 0%;Borrowing Base is attributable to such investments;
if, as of such date, the Relevant Asset Coverage Ratio is # greater than or equal to 2.00:1:00, the Advance Rate applicable to that portion of the aggregate Value of the Portfolio Investments of all issuers in a consolidated group of corporations or other entities, exceeding 12% of the aggregate Value of all Portfolio Investments in the Collateral Pool shall be 0%; # less than 2.00:1:1.00 and greater than or equal to 1.75:1.00, the Advance Rate applicable to that portion of the aggregateBorrowing Value of Junior Investments and Non-Core Investments shall be 0% to the Portfolio Investments of all issuers in a consolidated group of corporations or other entities, exceeding 10%extent necessary so that no more than 30% of the aggregate Value of all Portfolio Investments in the Collateral Pool shall be 0%Borrowing Base is attributable to such investments; or # less than 1.75:1:1.00, the Advance Rate applicable to thatthe portion of the aggregateBorrowing Value of Junior Investments and Non-Core Investments shall be 0% to the Portfolio Investments of all issuers in a consolidated group of corporations or other entities, exceeding 8%extent necessary so that no more than 20% of the aggregate Value of all Portfolio Investments in the Collateral Pool shall be 0%;Borrowing Base is attributable to such investments;
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