Common use of Change of Name or Location of Loan Files Clause in Contracts

Change of Name or Location of Loan Files. The Servicer shall not (x) change its name, move the location of its principal place of business and chief executive office, change the offices where it keeps records concerning the Collateral from the address set forth under its name on the signature pages hereto, or change the jurisdiction of its formation, or (y) move, or consent to the Collateral Custodian moving, the Required Loan Documents and Loan Files from the location thereof on the initial Advance Date (or relevant date of delivery), unless the Servicer provides 10 days’ (or such shorter notice period as consented to in writing by the Administrative Agent) prior notice thereof to the Administrative Agent and receives the Administrative Agent’s written consent to such move and the Servicer shall provide the Administrative Agent with such other documents and instruments (including Opinions of Counsel) as the Administrative Agent may reasonably request in connection therewith 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 Servicing Agreement (Franklin BSP Capital Corp), Loan and Servicing Agreement (Franklin BSP Capital Corp), Loan and Servicing Agreement (Franklin BSP Capital Corp)

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Change of Name or Location of Loan Files. The Servicer Manager shall not (x) change notify the Administrative Agent prior to changing its name, move moving the location of its principal place of business and chief executive office, change changing the offices where it keeps records concerning the Collateral from the address set forth under its name on the signature pages heretoin Section 12.02, or change changing the jurisdiction of its formation, or (y) move, or . The Manager will not consent to move the Collateral Custodian moving, the Required Loan Documents and Loan Files from the location thereof on the initial Advance Date (or relevant date of delivery), unless either (i) the BMO Servicer provides 10 days’ has implemented such change or move or (or such shorter notice period as consented to in writing by the Administrative Agentii) prior notice thereof to the Administrative Agent shall consent of such change or move in writing (which consent shall not be unreasonably withheld, delayed or conditioned) and, if and receives to the Administrative Agent’s written consent to such move and the Servicer extent that clause (i) does not apply, then Manager shall provide the Administrative Agent with such Opinions of Counsel and other documents and instruments (including Opinions of Counsel) as the Administrative Agent may reasonably request in connection therewith take and has taken 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 CollateralCollateral (subject only to Permitted Liens and Liens permitted or contemplated under the Transaction Documents).

Appears in 1 contract

Samples: Loan and Security Agreement (Stepstone Private Credit Fund LLC)

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Change of Name or Location of Loan Files. The Servicer shall not (x) change its name, move the location of its principal place of business and chief executive office, change the offices where it keeps records concerning the Collateral from the address set forth under its name on the signature pages hereto, or change the jurisdiction of its formation, in each case without providing prior written notice thereof to the Administrative Agent and the Collateral Agent, or (y) move, or consent to the Collateral Custodian moving, the Required Loan Documents and Loan Files from the location thereof on the initial Advance Date (or relevant date of delivery), unless the Servicer provides 10 days’ (Administrative Agent shall consent of such change or such shorter notice period as consented to move in writing by the Administrative Agent(such consent not to be unreasonably withheld, conditioned or delayed) prior notice thereof to the Administrative Agent and receives the Administrative Agent’s written consent to such move and the Servicer shall provide the Administrative Agent with such Opinions of Counsel and other documents and instruments (including Opinions of Counsel) as the Administrative Agent may reasonably request in connection therewith take and has taken 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 Servicing Agreement (Oaktree Strategic Credit Fund)

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