Common use of Change of Location of Underlying Instruments Clause in Contracts

Change of Location of Underlying Instruments. The Borrower shall not, without the prior consent of the Administrative Agent, consent to the Collateral Agent moving any Certificated Securities or Instruments from the offices of the Collateral Agent set forth in Section 5.5(c), unless the Borrower has given at least thirty (30) days’ written notice to the Administrative Agent and has taken all actions required under the UCC of each relevant jurisdiction in order to ensure that the Collateral Agent’s first priority perfected security interest (subject to Permitted Liens) continues in effect.

Appears in 10 contracts

Samples: Loan and Security Agreement (Nuveen Churchill Direct Lending Corp.), Loan and Security Agreement (Crescent Capital BDC, Inc.), Loan and Security Agreement (Crescent Capital BDC, Inc.)

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Change of Location of Underlying Instruments. The Borrower Collateral Manager shall not, without the prior consent of the Administrative Agent, consent to the Collateral Agent moving any Certificated Securities or Instruments from the offices of the Collateral Agent set forth in Section 5.5(c), unless the Borrower Collateral Manager has given at least thirty (30) days’ written notice to the Administrative Agent and has taken authorized the Administrative Agent to take all actions required under the UCC of each relevant jurisdiction in order to ensure that continue the Collateral Agent’s first priority perfected security interest (subject to Permitted Liens) continues of the Collateral Agent for the benefit of the Secured Parties in effectthe Collateral.

Appears in 10 contracts

Samples: Loan and Security Agreement (Nuveen Churchill Direct Lending Corp.), Loan and Security Agreement (Crescent Capital BDC, Inc.), Loan and Security Agreement (Crescent Capital BDC, Inc.)

Change of Location of Underlying Instruments. The Borrower Collateral Manager shall not, without the prior consent of the Administrative Agent, consent to the Collateral Agent moving any Certificated Securities or Instruments from the offices of the Collateral Agent Agent’s office set forth in Section 5.5(c)) hereof, unless the Borrower Collateral Manager has given at least thirty (30) days’ written notice to the Administrative Agent and has taken authorized the Administrative Agent to take all actions required under the UCC of each relevant jurisdiction in order to ensure that continue the Collateral Agent’s first priority perfected security interest (subject to Permitted Liens) continues of the Collateral Agent for the benefit of the Secured Parties in effectthe Collateral.

Appears in 9 contracts

Samples: Loan and Security Agreement (Oaktree Specialty Lending Corp), Loan and Security Agreement (Oaktree Specialty Lending Corp), Loan and Security Agreement (Oaktree Specialty Lending Corp)

Change of Location of Underlying Instruments. The Borrower shall not, without the prior consent of the Administrative Agent, consent to the Collateral Agent moving any Certificated Securities or Instruments from the offices of the Collateral Agent Agent’s office set forth in Section 5.5(c)) hereof, unless the Borrower has given at least thirty (30) days’ written notice to the Administrative Agent and has taken all actions required under the UCC of each relevant jurisdiction in order to ensure that the Collateral Agent’s first priority perfected security interest (subject to Permitted Liens) continues in effect.

Appears in 9 contracts

Samples: Loan and Security Agreement (Oaktree Specialty Lending Corp), Loan and Security Agreement (Oaktree Specialty Lending Corp), Loan and Security Agreement (Oaktree Specialty Lending Corp)

Change of Location of Underlying Instruments. The Borrower shall not, without the prior consent of the Administrative Agent, consent to the Collateral Agent Custodian moving any Certificated Securities or Instruments from the offices of the Collateral Agent Custodian office set forth in Section 5.5(c)) on the A&R Effective Date, unless the Borrower has given at least thirty (30) days’ written notice to the Administrative Agent and has taken all actions required under the UCC of each relevant jurisdiction in order to ensure that the Collateral Agent’s Secured Parties’ first priority perfected security interest (subject to Permitted Liens) continues in effect.

Appears in 7 contracts

Samples: Loan and Security Agreement (New Mountain Finance Corp), Loan and Security Agreement (New Mountain Finance Corp), Loan and Security Agreement (New Mountain Finance Corp)

Change of Location of Underlying Instruments. The Borrower shall not, without the prior consent of the Administrative Agent, consent to the Collateral Agent Custodian moving any Certificated Securities or Instruments from the offices of Collateral Custodian’s Custody Facilities on the Collateral Agent set forth in Section 5.5(c)Effective Date, unless the Borrower has given at least thirty (30) days’ written notice to the Administrative Agent and has taken all actions required under the UCC of each relevant jurisdiction in order to ensure that the Collateral Agent’s Secured Parties’ first priority perfected security interest (subject to Permitted Liens) continues in effect.

Appears in 7 contracts

Samples: Loan and Security Agreement (KKR FS Income Trust), Omnibus Amendment to Transaction Documents (Phillip Street Middle Market Lending Fund LLC), Loan and Security Agreement (FS KKR Capital Corp)

Change of Location of Underlying Instruments. The Borrower shall not, without the prior consent of the Administrative Agent, consent to the Collateral Agent moving any Certificated Securities or Instruments from the Collateral Agent’s offices of the Collateral Agent set forth in Section 5.5(c)) on the Closing Date, unless the Borrower has given at least thirty ten (3010) days’ written notice to the Administrative Agent and has taken all actions required under the UCC of each relevant jurisdiction in order to ensure that the Collateral Agent’s first priority perfected security interest (subject to Permitted Liens) continues in effect.

Appears in 5 contracts

Samples: Loan and Security Agreement (Stepstone Private Credit Fund LLC), Loan and Security Agreement (Kayne Anderson BDC, Inc.), Loan and Security Agreement (Stepstone Private Credit Fund LLC)

Change of Location of Underlying Instruments. The Borrower shall not, without the prior consent of the Administrative Agent, consent to the Collateral Agent Custodian moving any Certificated Securities or Instruments from the offices of Collateral Custodian’s Custody Facilities on the Collateral Agent set forth in Section 5.5(c)Closing Date, unless the Borrower has given at least thirty (30) days’ written notice to the Administrative Agent and has taken all actions required under the UCC of each relevant jurisdiction in order to ensure that the Collateral Agent’s Secured Parties’ first priority perfected security interest (subject to Permitted Liens) continues in effect.

Appears in 4 contracts

Samples: Loan, Security and Collateral Management Agreement (Investcorp Credit Management BDC, Inc.), Loan, Security and Investment Management Agreement (Investcorp Credit Management BDC, Inc.), Loan, Security and Investment Management Agreement (Investcorp Credit Management BDC, Inc.)

Change of Location of Underlying Instruments. The Borrower shall not, without the prior consent of the Administrative Agent, consent to the Collateral Agent or the Custodian, as applicable, moving any Certificated Securities or Instruments from the offices of the Collateral Agent or Custodian, as the case may be, set forth in Section 5.5(c), unless the Borrower has given at least thirty (30) days’ written notice to the Administrative Agent and has taken all actions required under the UCC of each relevant jurisdiction in order to ensure that the Collateral Agent’s first priority perfected security interest (subject to Permitted Liens) continues in effect.

Appears in 3 contracts

Samples: Loan and Security Agreement (Palmer Square Capital BDC Inc.), Loan and Security Agreement (Palmer Square Capital BDC Inc.), Loan and Security Agreement (Palmer Square Capital BDC Inc.)

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Change of Location of Underlying Instruments. The Borrower shall not, without the prior consent of the Administrative Agent, consent to the Collateral Agent Custodian or the Document Custodian moving any Certificated Securities or Instruments from the offices of Collateral Custodian’s Custody Facilities on the Collateral Agent set forth in Section 5.5(c)Closing Date, unless the Borrower has given at least thirty (30) days’ written notice to the Administrative Agent and has taken all actions required under the UCC of each relevant jurisdiction in order to ensure that the Collateral Agent’s Secured Parties’ first priority perfected security interest (subject to Permitted Liens) continues in effect.

Appears in 2 contracts

Samples: Loan, Security and Investment Management Agreement (Investcorp US Institutional Private Credit Fund), Loan, Security and Investment Management Agreement (Investcorp US Institutional Private Credit Fund)

Change of Location of Underlying Instruments. The Borrower shall not, without the prior consent of the Administrative Agent, consent to the Collateral Agent Custodian moving any Certificated Securities or Instruments from the offices of Custody Facilities on the Collateral Agent set forth in Section 5.5(c)Effective Date, unless the Borrower has given at least thirty (30) days’ written notice to the Administrative Agent and has taken all actions required under the UCC of each relevant jurisdiction in order to ensure that the Collateral Agent’s Secured Parties’ first priority perfected security interest (subject to Permitted Liens) continues in effect.

Appears in 2 contracts

Samples: Loan, Security and Collateral Management Agreement (AG Twin Brook Capital Income Fund), Loan, Security and Collateral Management Agreement (AGTB Private BDC)

Change of Location of Underlying Instruments. The Borrower shall not, without the prior consent of the Administrative Agent, consent to the Collateral Agent Custodian moving anymove (or direct or permit any other Person to move) Certificated Securities or Instruments Instruments, if any, from the offices of Collateral Custodian’s Custody Facilities on the Collateral Agent set forth in Section 5.5(c)Effective Date, unless the Borrower has given at least thirty (30) days’ written notice to the Administrative Agent and has taken all actions required under the UCC of each relevant jurisdiction in order to ensure that the Collateral Agent’s Secured Parties’ first priority perfected security interest (subject to Permitted Liens) continues in effect.

Appears in 1 contract

Samples: Loan, Security and Collateral Management Agreement (Phillip Street Middle Market Lending Fund LLC)

Change of Location of Underlying Instruments. The Borrower shall not, without the prior consent of the Administrative Agent, consent to the Collateral Agent Custodian moving any Certificated Securities or Instruments from the offices of Collateral Custodian’s Corporate Trust Office on the Collateral Agent set forth in Section 5.5(c)Amendment and Restatement Effective Date, unless the Borrower has given at least thirty (30) days’ written notice to the Administrative Agent and has taken all actions required under the UCC of each relevant jurisdiction in order to ensure that the Collateral Agent’s Secured Parties’ first priority perfected security interest (subject to Permitted Liens) continues in effect.

Appears in 1 contract

Samples: Loan and Security Agreement (New Mountain Finance Corp)

Change of Location of Underlying Instruments. The Borrower shall not, without the prior consent of the Administrative Agent, consent to the Collateral Agent Custodian moving any Certificated Securities or Instruments from the offices of Collateral Custodian’s Corporate Trust Office on the Collateral Agent set forth in Section 5.5(c)Closing Date, unless the Borrower has given at least thirty (30) days’ written notice to the Administrative Agent and has taken all actions required under the UCC of each relevant jurisdiction in order to ensure that the Collateral Agent’s Secured Parties’ first priority perfected security interest (subject to Permitted Liens) continues in effect.

Appears in 1 contract

Samples: Loan and Security Agreement (New Mountain Finance Corp)

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