Common use of Collateral Acquisition and Disposition Terms Clause in Contracts

Collateral Acquisition and Disposition Terms. Any transaction involving the Acquisition or sale of Collateral effected under this Agreement shall be conducted on terms no less favorable (to its knowledge) to the Borrower than terms prevailing in the market (as determined by the Services Provider in its business judgment, such judgment not to be called into questions by the occurrence of subsequent events). All sales of Collateral Obligations or any portion thereof pursuant to this Section 8.1 shall be for Cash on a non-recourse basis to the Borrower.

Appears in 2 contracts

Samples: Credit Agreement and Margining Agreement (Blue Owl Technology Income Corp.), Credit Agreement (Owl Rock Technology Income Corp.)

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Collateral Acquisition and Disposition Terms. Any transaction involving the Acquisition purchase or sale of Collateral effected under this Agreement shall be conducted on terms no less favorable (to its knowledge) to the Borrower than terms prevailing in the market (as determined by the Services Provider in its business judgment, such judgment not to be called into questions by the occurrence of subsequent events)market. All sales of Collateral Obligations or any portion thereof pursuant to this Section 8.1 Schedule H shall be for Cash on a non-recourse basis to the Borrower.

Appears in 2 contracts

Samples: Credit Agreement (FS Investment Corp II), Credit Agreement (FS Energy & Power Fund)

Collateral Acquisition and Disposition Terms. Any transaction involving the Acquisition purchase or sale of Collateral effected under this Agreement shall be conducted on terms no less favorable (to its knowledge) to the Borrower than terms prevailing in the market (as determined by the Services Provider in its business judgment, such judgment not to be called into questions by the occurrence of subsequent events)market. All sales of Collateral Obligations or any portion thereof pursuant to this Section 8.1 8 shall be for Cash on a non-recourse basis to the Borrower.

Appears in 2 contracts

Samples: Credit Agreement (FS Energy & Power Fund), Credit Agreement (FS Investment Corp III)

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Collateral Acquisition and Disposition Terms. Any transaction involving the Acquisition or sale of Collateral effected under this Agreement shall be conducted on terms no less favorable (to its knowledge) to the a Borrower Entity than terms prevailing in the market (as determined by the Services Provider Investment Manager in its business judgment, such judgment not to be called into questions by the occurrence of subsequent events). All sales of Collateral Obligations or any portion thereof pursuant to this Section 8.1 shall be for Cash on a non-recourse basis to the Borrowerrelevant Borrower Entity.

Appears in 1 contract

Samples: Credit Agreement (Apollo Debt Solutions BDC)

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