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

Change of Location of Underlying Instruments. The 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 Collateral Manager has given at least thirty (30) days’ written notice to the Administrative Agent and has authorized the Administrative Agent to take all actions required under the UCC of each relevant jurisdiction in order to continue the first priority perfected security interest of the Collateral Agent for the benefit of the Secured Parties in the Collateral.

Appears in 9 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 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 Collateral Manager has given at least thirty (30) days’ written notice to the Administrative Agent and has authorized the Administrative Agent to take all actions required under the UCC of each relevant jurisdiction in order to continue the first priority perfected security interest of the Collateral Agent for the benefit of the Secured Parties in the 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 Collateral Manager 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)A&R Effective Date, unless the Collateral Manager has given at least thirty (30) days’ written notice to the Administrative Agent and has authorized the Administrative Agent to take all actions required under the UCC of each relevant jurisdiction in order to continue the first priority perfected security interest of the Collateral Administrative Agent as agent for the benefit of the Secured Parties in the Collateral.

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 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 Collateral Agent’s offices of the Collateral Agent set forth in Section 5.5(c)) on the Closing Date, unless the Collateral Manager has given at least thirty ten (3010) days’ written notice to the Administrative Agent and has authorized the Administrative Agent to take all actions required under the UCC of each relevant jurisdiction in order to continue the first priority perfected security interest of the Collateral Agent for the benefit of the Secured Parties in the Collateral.

Appears in 4 contracts

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

Change of Location of Underlying Instruments. The Collateral Manager 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 the Custodian, as applicable, set forth in Section 5.5(c), unless the Collateral Manager has given at least thirty (30) days’ written notice to the Administrative Agent and has authorized the Administrative Agent to take all actions required under the UCC of each relevant jurisdiction in order to continue the first priority perfected security interest of the Collateral Agent for the benefit of the Secured Parties in the Collateral.

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.)

Change of Location of Underlying Instruments. The Subject to Section 14.87.9, the Collateral Manager 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, as applicable, on the Collateral Agent set forth in Section 5.5(c)Effective Date, unless the Collateral Manager has given at least thirty (30) days’ written notice to the Administrative Agent and has authorized the Administrative Agent to take all actions required under the UCC of each relevant jurisdiction in order to continue the first priority perfected security interest of the Collateral Administrative Agent as agent for the benefit of the Secured Parties in the Collateral.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (AG Twin Brook Capital Income Fund)

Change of Location of Underlying Instruments. The Collateral Manager shall not, without the prior consent of the Administrative Agent, consent to the Collateral Agent or the Custodian moving any Certificated Securities or Instruments from the Collateral Agent’s or the Custodian’s offices of (as specified in Annex A hereto) on the Collateral Agent set forth in Section 5.5(c)Closing Date, unless the Collateral Manager has given at least thirty (30) days’ written notice to the Administrative Agent and has authorized the Administrative Agent to take all actions required under the UCC of each relevant jurisdiction in order to continue the first priority perfected security interest of the Collateral Agent for the benefit of the Secured Parties in the Collateral.

Appears in 1 contract

Samples: Loan and Security Agreement (Kayne Anderson BDC, Inc.)

Change of Location of Underlying Instruments. The Collateral Manager 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)A&R Effective Date, unless the Collateral Manager has given at least thirty (30) days’ written notice to the Administrative Agent and has authorized the Administrative Agent to take all actions required under the UCC of each relevant jurisdiction in order to continue the first priority perfected security interest of the Collateral Administrative Agent as agent for the benefit of the Secured Parties in the Collateral.. (c)

Appears in 1 contract

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

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Change of Location of Underlying Instruments. The Collateral Manager 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’s office set forth in Section 5.5(c)) on the Closing Date, unless the Collateral Manager has given at least thirty (30) days’ written notice to the Administrative Agent and has authorized the Administrative Agent to take all actions required under the UCC of each relevant jurisdiction in order to continue the first priority perfected security interest of the Collateral Administrative Agent as agent for the benefit of the Secured Parties in the Collateral.

Appears in 1 contract

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

Change of Location of Underlying Instruments. The 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 Collateral Manager has given at least thirty (30) days’ written notice to the Administrative Agent and has authorized the Administrative Agent to take all actions required under the UCC of each relevant jurisdiction in order to continue the first priority perfected security interest of the Collateral Agent for the benefit of the Secured Parties in the Collateral.. (c)

Appears in 1 contract

Samples: Loan and Security Agreement (Nuveen Churchill Direct Lending Corp.)

Change of Location of Underlying Instruments. The Collateral Manager Administrator 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 Collateral Manager Administrator has given at least thirty (30) days’ written notice to the Administrative Agent and has authorized the Administrative Agent to take all actions required under the UCC of each relevant jurisdiction in order to continue the first priority perfected security interest of the Collateral Administrative Agent as agent for the benefit of the Secured Parties in the Collateral.

Appears in 1 contract

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

Change of Location of Underlying Instruments. The Collateral Manager Administrator 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 Collateral Manager Administrator has given at least thirty (30) days’ written notice to the Administrative Agent and has authorized the Administrative Agent to take all actions required under the UCC of each relevant jurisdiction in order to continue the first priority perfected security interest of the Collateral Administrative Agent as agent for the benefit of the Secured Parties in the Collateral.

Appears in 1 contract

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

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