Example ContractsClausesfunded indebtednessIdentical
Funded Indebtedness
Funded Indebtedness contract clause examples

Indebtedness. Upon the incurrence or issuance by the Borrower or any of its Subsidiaries (other than a Financing Subsidiary) of any Indebtedness (other than the making of any Loans or issuance of any Letters of Credit hereunder), the Borrower shall prepay an aggregate principal amount of such Loans owed to such Lender or Lenders equal to 100% of all Net Cash Proceeds received therefrom no later than the fifth Business Day following the receipt of such Net Cash Proceeds (such prepayments to be applied as set forth in [Section 2.09(b)]).

Source document
Sixth Street Specialty Lending, Inc. (TSLX) (CIK 0001508655)
Source: SEC EDGAR database • Date: February 17, 2022 • SIC:  • CIK:
TPG Specialty Lending, Inc. (TSLX) (CIK 0001508655)
Source: SEC EDGAR database • Date: February 19, 2020 • SIC:  • CIK:
Sixth Street Specialty Lending, Inc. (TSLX) (CIK 0001508655)
Source: SEC EDGAR database • Date: February 17, 2021 • SIC:  • CIK:
Sixth Street Specialty Lending, Inc. (TSLX) (CIK 0001508655)
Source: SEC EDGAR database • Date: May 3, 2022 • SIC:  • CIK:
Owl Rock Capital Corp (ORCC) (CIK 0001655888)
Source: SEC EDGAR database • Date: November 4, 2020 • SIC:  • CIK:
TPG Specialty Lending, Inc. (TSLX) (CIK 0001508655)
Source: SEC EDGAR database • Date: February 21, 2018 • SIC:  • CIK:

Draft better contracts
faster with AllDrafts

AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.

And AllDrafts generates clean Word and PDF files from any draft.