Common use of Benefit of the Agreement Clause in Contracts

Benefit of the Agreement. The Collateral Manager shall perform its obligations hereunder in accordance with the terms of this Agreement and the terms of the Indenture applicable to it and shall use all reasonable endeavors, in the course of carrying out such obligations, to protect the interests of the Holders as a group. The Collateral Manager agrees that such obligations shall be enforceable at the instance of the Issuer, the Trustee, on behalf of the Holders, or the requisite percentage of Holders as provided in the Indenture.

Appears in 18 contracts

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

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Benefit of the Agreement. The Collateral Manager shall perform its obligations hereunder and under the Indenture in accordance with the terms of this Agreement and the terms of the Indenture applicable to it and shall use all reasonable endeavors, in the course of carrying out such obligations, to protect the interests of the Holders as a groupit. The Collateral Manager agrees that such obligations shall be enforceable at and consents to the instance provisions contained in Section 15.1(f) of the IssuerIndenture. In addition, the Trustee, on behalf Collateral Manager acknowledges the pledge under the granting clause of the Holders, or the requisite percentage of Holders as provided in the Indenture.

Appears in 9 contracts

Samples: Collateral Management Agreement (Golub Capital Private Credit Fund), Collateral Management Agreement (Golub Capital BDC 3, Inc.), Collateral Management Agreement (Golub Capital BDC 3, Inc.)

Benefit of the Agreement. The Collateral Manager shall perform its obligations hereunder in accordance with the terms of this Agreement and the terms of the Indenture applicable to it and shall use all reasonable endeavors, in the course of carrying out such obligations, to protect the interests of the Holders as a group. The Collateral Manager agrees that such obligations shall be enforceable at the instance of the Issuer, the Collateral Trustee, on behalf of the Holders, or the requisite percentage of Holders as provided in the Indenture.

Appears in 8 contracts

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

Benefit of the Agreement. The Collateral Manager shall perform its obligations hereunder in accordance with the terms of this Agreement and the terms of the Indenture applicable to it and shall use all reasonable endeavors, in the course of carrying out such obligations, to protect the interests of the Holders Noteholders, the Hedge Counterparty and the Trustee, as a groupSecured Parties. The Collateral Manager agrees that such obligations shall be enforceable at and consents to the instance provisions contained in Section 15.1 of the Issuer, the Trustee, on behalf of the Holders, or the requisite percentage of Holders as provided in the Indenture.

Appears in 6 contracts

Samples: Collateral Management Agreement, Collateral Management Agreement (Taberna Realty Finance Trust), Collateral Management Agreement (Taberna Realty Finance Trust)

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Benefit of the Agreement. The Collateral Manager shall perform its obligations hereunder in accordance with the terms of this Agreement and the terms of the Indenture applicable to it and shall use all reasonable endeavors, in the course of carrying out such obligations, to protect the interests of the Holders as a group. The Collateral Manager agrees that such obligations shall be enforceable at the instance of the Issuer, the Trustee, on behalf of the Holders, or the requisite percentage of Holders as provided in the Indentureit.

Appears in 5 contracts

Samples: Collateral Management Agreement (Barings Private Credit Corp), Collateral Management Agreement (Barings Private Credit Corp), Collateral Management Agreement (Barings Private Credit Corp)

Benefit of the Agreement. (a) The Collateral Manager shall perform its obligations hereunder in accordance with the terms of this Agreement and the terms of the Indenture applicable to it and shall use all reasonable endeavorsefforts, in the course of carrying out such obligations, to protect act in the best interests of the Holders as a group. of the Notes. (b) The Collateral Manager agrees that such obligations shall be enforceable at and consents to the instance provisions contained in Section 15.1 of the Issuer, the Trustee, on behalf of the Holders, or the requisite percentage of Holders as provided in the Indenture.

Appears in 1 contract

Samples: Collateral Management Agreement (Palmer Square Capital BDC Inc.)

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