Common use of Action Upon Termination Clause in Contracts

Action Upon Termination. (a) From and after the effective date of termination of this Agreement, the Collateral Manager shall not be entitled to compensation for further services hereunder, but shall be paid all compensation to which it is entitled, and shall receive all other amounts for which it is entitled to reimbursement, all as provided in and subject to Section 8 hereof, and shall be entitled to receive any amounts owing under Sections 7 and 10 hereof. Upon such termination, the Collateral Manager shall as soon as practicable:

Appears in 24 contracts

Samples: Collateral Management Agreement (Blue Owl Credit Income Corp.), Collateral Management Agreement (Blue Owl Technology Income Corp.), Collateral Management Agreement (Blue Owl Capital Corp)

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Action Upon Termination. (a) From and after the effective date of termination of this Agreement, the Collateral Manager shall not be entitled to compensation for further services hereunder, but shall be paid all compensation accrued to which it is entitledthe date of termination and its pro rata portion of any Collateral Management Fee payable after the date of termination, and shall receive all other amounts for which it is entitled to reimbursement, all as provided in and subject to Section 8 hereof8(b), and shall be entitled to receive any amounts owing under Sections 7 Section 10, in each case in accordance with the Priority of Payments on the following Payment Date and 10 hereofeach Payment Date thereafter until paid in full. Upon such termination, the Collateral Manager shall as soon as practicable:

Appears in 4 contracts

Samples: Collateral Management Agreement, Collateral Management Agreement (FS Investment Corp II), Collateral Management Agreement (FS Investment CORP)

Action Upon Termination. (a) From and after the effective date of termination of this Agreement, the Collateral Manager shall not be entitled to compensation for further services hereunder, but shall be paid all compensation accrued to which it is entitledthe date of termination, and shall receive all other amounts for which it is entitled to reimbursement, all as provided in and subject to Section 8 hereof, and shall be entitled to receive any amounts owing under Sections 7 and 10 hereof. Upon such termination, the Collateral Manager shall as soon as practicable:

Appears in 1 contract

Samples: Collateral Management Agreement (KKR Financial Corp)

Action Upon Termination. (a) From and after the effective date of termination of this Agreement, the Collateral Manager shall not be entitled to compensation for further services hereunder, but shall be paid all compensation accrued to which it is entitledthe effective date of termination, and shall receive all other amounts for which it is entitled to reimbursement, all as provided in and subject to Section 8 hereof, and shall be entitled to receive any amounts owing under Sections 7 7, 8 and 10 hereof10. Upon such termination, the Collateral Manager shall as soon as practicable:

Appears in 1 contract

Samples: Collateral Management Agreement

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Action Upon Termination. (a) From and after the effective date of termination of this Agreement, the Collateral Manager shall not be entitled to compensation for further services hereunder, but shall be paid all compensation accrued to which it is entitledthe date of termination, and shall receive all other amounts for which it is entitled to reimbursement, all as provided in and subject to Section 8 hereof, and shall be entitled to receive any amounts owing under Sections 7 7, 8(b) and 10 hereofhereof (the provisions of which shall survive such termination, subject to and in accordance with the Indenture). Upon such termination, the Collateral Manager shall as soon as practicable:

Appears in 1 contract

Samples: Collateral Management Agreement (GSC Investment LLC)

Action Upon Termination. (a) From and after the effective date of termination of this Agreement, the Collateral Manager shall not be entitled to compensation for further services hereunder, but shall be paid all compensation to which it is entitled, and shall receive all other amounts for which it is entitled to reimbursement, all as provided in and subject to Section 8 hereof, and shall be entitled to receive any amounts owing under Sections 7 and 10 hereof. Upon such termination, the Collateral Manager shall as soon as practicable:

Appears in 1 contract

Samples: Collateral Management Agreement (Owl Rock Core Income Corp.)

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