Common use of Borrower’s Collateral Clause in Contracts

Borrower’s Collateral. With respect to each item of Collateral pledged to the Trustee, for the benefit of the Secured Parties, the Borrower will (i) take all action necessary to perfect, protect and more fully evidence the Trustee’s, for the benefit of the Secured Parties, interests in such Collateral, including, without limitation, (a) filing and maintaining (at the Servicer’s expense), effective financing statements against the Borrower in all necessary or appropriate filing offices, and filing continuation statements, amendments or assignments with respect thereto in such filing offices, and (b) executing or causing to be executed such other instruments or notices as may be necessary or appropriate and (ii) take all additional action that the Trustee may reasonably request to perfect, protect and more fully evidence the respective interests of the parties to this Agreement in such Collateral.

Appears in 2 contracts

Samples: Secured Loan and Servicing Agreement (NewStar Financial, Inc.), Secured Loan and Servicing Agreement (NewStar Financial, Inc.)

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Borrower’s Collateral. With respect to each item of Collateral pledged Granted to the Trustee, for the benefit of the Secured Parties, the Borrower will (i) take all action necessary to perfect, protect and more fully evidence the Grant of the security interest in such Collateral to the Trustee’s, for the benefit of the Secured Parties, interests in such Collateral, including, without limitation, (a) filing and maintaining (at the Servicer’s expense), effective financing statements against the Borrower in all necessary or appropriate filing offices, and filing continuation statements, amendments or assignments with respect thereto in such filing offices, and (b) executing or causing to be executed such other instruments or notices as may be necessary or appropriate and (ii) take all additional action that the Trustee Administrative Agent may reasonably request to perfect, protect and more fully evidence the respective interests of the parties to this Agreement in such Collateral.

Appears in 2 contracts

Samples: Loan and Servicing Agreement (NewStar Financial, Inc.), Loan and Servicing Agreement (NewStar Financial, Inc.)

Borrower’s Collateral. With respect to each item of Collateral pledged Granted to the TrusteeAdministrative Agent, for the benefit of the Secured Parties, the Borrower will (i) take all action necessary to perfect, protect and more fully evidence the Trustee’sGrant of the security interest in such Collateral to the Administrative Agent, for the benefit of the Secured Parties, interests in such Collateral, including, without limitation, including (aA) filing and maintaining (at the Servicer’s expense), effective financing statements against the Borrower in all necessary or appropriate filing offices, and filing continuation statements, amendments or assignments with respect thereto in such filing offices, and (bB) executing or causing to be executed such other instruments or notices as may be necessary or appropriate and (ii) take all additional action that the Trustee Administrative Agent may reasonably request to perfect, protect and more fully evidence the respective interests of the parties to this Agreement in such Collateral.

Appears in 1 contract

Samples: Credit Agreement (Golub Capital BDC, Inc.)

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Borrower’s Collateral. With respect to each item of Collateral pledged Granted to the Trustee, for the benefit of the Secured Parties, the Borrower will (i) take all action necessary to perfect, protect and more fully evidence the Grant of the security interest in such Collateral to the Trustee’s, for the benefit of the Secured Parties, interests in such Collateral, including, without limitation, (a) filing and maintaining (at the ServicerCollateral Manager’s expense), effective financing statements against the Borrower in all necessary or appropriate filing offices, and filing continuation statements, amendments or assignments with respect thereto in such filing offices, and (b) executing or causing to be executed such other instruments or notices as may be necessary or appropriate and (ii) take all additional action that the Trustee Administrative Agent may reasonably request to perfect, protect and more fully evidence the respective interests of the parties to this Agreement in such Collateral.

Appears in 1 contract

Samples: Loan and Servicing Agreement (NewStar Financial, Inc.)

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