Common use of Bulk Sales Clause in Contracts

Bulk Sales. The grant of the security interest in the Collateral by the Borrower to the Collateral Agent, for the benefit of the Secured Parties, pursuant to this Agreement, is in the ordinary course of business for the Borrower and is not subject to the bulk transfer or any similar statutory provisions in effect in any applicable jurisdiction.

Appears in 41 contracts

Sources: Loan Financing and Servicing Agreement (Crestline Lending Solutions, LLC), Loan Financing and Servicing Agreement (Oaktree Strategic Credit Fund), Loan Financing and Servicing Agreement (BC Partners Lending Corp)

Bulk Sales. The grant of the security interest in the Collateral Portfolio by the Borrower to the Collateral Agent, for the benefit of the Secured Parties, pursuant to this Agreement, is in the ordinary course of business for the Borrower and is not subject to the bulk transfer or any similar statutory provisions in effect in any applicable jurisdiction.

Appears in 31 contracts

Sources: Loan and Servicing Agreement (MSD Investment Corp.), Omnibus Amendment (Blue Owl Technology Finance Corp. II), Loan and Security Agreement (North Haven Private Income Fund LLC)

Bulk Sales. The grant of the security interest in the Collateral by the Borrower to the Collateral Agent, for the benefit of the Secured Parties, pursuant to this Agreement, and the execution, delivery and performance of this Agreement and the other Facility Documents, is in the ordinary course of business for the Borrower and is not subject to the bulk transfer or any similar statutory provisions in effect in any applicable jurisdiction.

Appears in 27 contracts

Sources: Credit and Security Agreement (Fidelity Private Credit Fund), Credit and Security Agreement (Saratoga Investment Corp.), Credit and Security Agreement (LGAM Private Credit LLC)

Bulk Sales. The grant Grant of the security interest in the Collateral by the Borrower to the Collateral Agent, for the benefit of the Secured Parties, pursuant to this Agreement, is in the ordinary course of business for the Borrower and is not subject to the bulk transfer or any similar statutory provisions in effect in any applicable jurisdiction.

Appears in 22 contracts

Sources: Loan and Servicing Agreement (Diameter Credit Co), Loan and Servicing Agreement (HPS Corporate Lending Fund), Loan and Security Agreement (Stepstone Private Credit Fund LLC)

Bulk Sales. The grant of the security interest in the Collateral Portfolio by the Borrower to the Collateral Agent, for the benefit of the Secured Parties, pursuant to this Agreement, and the execution, delivery and performance of this Agreement, is in the ordinary course of business for the Borrower and is not subject to the bulk transfer or any similar statutory provisions in effect in any applicable jurisdiction.

Appears in 19 contracts

Sources: Loan and Servicing Agreement (SLR Investment Corp.), Loan and Servicing Agreement (SLR Investment Corp.), Ninth Amendment to the Loan and Servicing Agreement (SLR Senior Investment Corp.)

Bulk Sales. The grant of the security interest in the Collateral by the Borrower to the Collateral Administrative Agent, for the benefit of the Secured Parties, pursuant to this the Security Agreement, is in the ordinary course of business for the Borrower and is not subject to the bulk transfer or any similar statutory provisions in effect in any applicable jurisdiction.

Appears in 11 contracts

Sources: Credit Agreement (Apollo Debt Solutions BDC), Credit Agreement (HPS Corporate Lending Fund), Credit Agreement (Barings Private Credit Corp)

Bulk Sales. The grant of the security interest in the Collateral Portfolio by the Borrower to the Collateral AgentTrustee, for the benefit of the Secured Parties, pursuant to this Agreement, is in the ordinary course of business for the Borrower and is not subject to the bulk transfer or any similar statutory provisions in effect in any applicable jurisdiction.

Appears in 10 contracts

Sources: Loan and Servicing Agreement (Ares Capital Corp), Loan and Servicing Agreement (Ares Capital Corp), Loan and Servicing Agreement (Ares Capital Corp)

Bulk Sales. The grant of the security interest in the Collateral by the Borrower such Loan Party to the Collateral Agent, for the benefit of the Secured Parties, pursuant to this Agreement, is in the ordinary course of business for the Borrower such Loan Party and is not subject to the bulk transfer or any similar statutory provisions in effect in any applicable jurisdiction.

Appears in 6 contracts

Sources: Loan Financing and Servicing Agreement (Golub Capital Direct Lending Corp), Loan Financing and Servicing Agreement (Golub Capital BDC 3, Inc.), Loan Financing and Servicing Agreement (Golub Capital BDC 4, Inc.)

Bulk Sales. The grant Grant of the security interest in the Collateral Portfolio by the Borrower to the Collateral Agent, for the benefit of the Secured Parties, pursuant to this Agreement, is in the ordinary course of business for the Borrower and is not subject to the bulk transfer or any similar statutory provisions in effect in any applicable jurisdiction.

Appears in 5 contracts

Sources: Loan and Servicing Agreement (KKR Enhanced US Direct Lending Fund-L Inc.), Loan and Servicing Agreement (FS KKR Capital Corp), Loan and Servicing Agreement (KKR Enhanced US Direct Lending Fund-L Inc.)

Bulk Sales. The grant Grant of the security interest in the Collateral by the Borrower such Loan Party to the Collateral Agent, for the benefit of the Secured Parties, pursuant to this Agreement, is in the ordinary course of business for the Borrower such Loan Party and is not subject to the bulk transfer or any similar statutory provisions in effect in any applicable jurisdiction.

Appears in 5 contracts

Sources: Loan and Servicing Agreement (GOLUB CAPITAL BDC, Inc.), Loan and Servicing Agreement (GOLUB CAPITAL BDC, Inc.), Loan and Servicing Agreement (GOLUB CAPITAL BDC, Inc.)

Bulk Sales. The grant of the security interest in the Collateral Sale Portfolio by the Borrower Seller to the Collateral Agent, for the benefit of the Secured Parties, pursuant to this Agreement, is in the ordinary course of business for the Borrower Seller and is not subject to the bulk transfer or any similar statutory provisions in effect in any applicable jurisdiction.

Appears in 4 contracts

Sources: Purchase and Sale Agreement (FS Investment Corp III), Purchase and Sale Agreement (FS Energy & Power Fund), Purchase and Sale Agreement (FS Investment Corp II)

Bulk Sales. The grant of the security interest in the Collateral by the Borrower to the Collateral Agent, for the benefit of the Secured Parties, pursuant to this Agreement, is in and the ordinary course execution, delivery and performance of business for the Borrower this Agreement and is not subject to the bulk transfer or any similar statutory provisions in effect in any applicable jurisdiction.

Appears in 3 contracts

Sources: Loan and Servicing Agreement (Star Mountain Lower Middle-Market Capital Corp), Loan and Servicing Agreement (Star Mountain Lower Middle-Market Capital Corp), Loan and Servicing Agreement (Star Mountain Lower Middle-Market Capital Corp)

Bulk Sales. The grant of the security interest in the Collateral by the Borrower to the Collateral Facility Agent, for the benefit of the Secured Parties, pursuant to this Agreement, is in the ordinary course of business for the Borrower and is not subject to the bulk transfer or any similar statutory provisions in effect in any applicable jurisdiction.

Appears in 1 contract

Sources: Loan Financing and Servicing Agreement (TriplePoint Venture Growth BDC Corp.)

Bulk Sales. The grant of the security interest in the Collateral by the Borrower to the Collateral Agent, for the benefit of the Secured Parties, pursuant to this Agreement, and the execution, delivery and performance of this Agreement, is in the ordinary course of business for the Borrower and the Collateral Manager and is not subject to the bulk transfer or any similar statutory provisions in effect in any applicable jurisdiction.

Appears in 1 contract

Sources: Loan and Servicing Agreement (Brightwood Capital Corp I)

Bulk Sales. The grant of the security interest in the Collateral by the Borrower to the Collateral Agent, for the benefit of the Secured Parties, pursuant to this Agreement, is in the -79- ordinary course of business for the Borrower and is not subject to the bulk transfer or any similar statutory provisions in effect in any applicable jurisdiction.

Appears in 1 contract

Sources: Loan Financing and Servicing Agreement (BlackRock TCP Capital Corp.)

Bulk Sales. The grant Grant of the security interest securityinterest in the Collateral Portfolio by the Borrower to the Collateral Agent, for the benefit of the Secured Parties, pursuant to this Agreement, is in the ordinary course of business for the Borrower and is not subject to the bulk transfer or any similar statutory provisions in effect in any applicable jurisdictionapplicablejurisdiction.

Appears in 1 contract

Sources: Loan and Servicing Agreement (FS KKR Capital Corp)