Example ContractsClausesspecial purposes vehiclesIdentical
Special Purposes Vehicles
Special Purposes Vehicles contract clause examples

Special Purposes Vehicles. Notwithstanding anything to the contrary contained herein, any Lender (a “Granting Lender”) may grant to a special purpose funding vehicle (an “SPC”) owned or administered by such Granting Lender, identified as such in writing from time to time by the Granting Lender to the Administrative Agent and the Borrower, the option to provide all or any part of any Loan that such Granting Lender would otherwise be obligated to make; provided that # nothing herein shall constitute a commitment to make any Loan by any SPC, # if an SPC elects not to exercise such option or otherwise fails to provide all or any part of such Loan, the Granting Lender shall, subject to the terms of this Agreement, make such Loan pursuant to the terms hereof, # the rights of any such SPC shall be derivative of the rights of the Granting Lender, and such SPC shall be subject to all of the restrictions upon the Granting Lender herein contained, and # no SPC shall be entitled to the benefits of [Sections 2.14] (or any other increased costs protection provision), 2.15 or 2.16. Each SPC shall be conclusively presumed to have made arrangements with its Granting Lender for the exercise of voting and other rights hereunder in a manner which is acceptable to the SPC, the Administrative Agent, the Lenders and the Borrower, and each of the Administrative Agent, the Lenders and the Obligors shall be entitled to rely upon and deal solely with the Granting Lender with respect to Loans made by or through its SPC. The making of a Loan by an SPC hereunder shall utilize the Commitment of the Granting Lender to the same extent, and as if, such Loan were made by the Granting Lender.

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:
Owl Rock Capital Corp (ORCC) (CIK 0001655888)
Source: SEC EDGAR database • Date: November 4, 2020 • 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: May 9, 2018 • SIC:  • CIK:
Owl Rock Technology Finance Corp. (CIK 0001747777)
Source: SEC EDGAR database • Date: November 12, 2020 • SIC:  • CIK:

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