Common use of Appointment of Collateral Agent Clause in Contracts

Appointment of Collateral Agent. State Street Bank and Trust Company is hereby appointed as Collateral Agent pursuant to the terms hereof. The Secured Parties hereby appoint the Collateral Agent to act exclusively as the agent for purposes of perfection of a security interest in the Collateral and Collateral Agent of the Secured Parties to act as specified herein and in the other Transaction Documents to which the Collateral Agent is a party. The Collateral Agent hereby accepts such agency appointment to act as Collateral Agent pursuant to the terms of this Agreement, until its resignation or removal as Collateral Agent pursuant to the terms hereof.

Appears in 9 contracts

Samples: Loan and Servicing Agreement (Blue Owl Capital Corp III), Loan Financing and Servicing Agreement (Vista Credit Strategic Lending Corp.), Loan and Servicing Agreement (Blue Owl Capital Corp III)

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