Common use of Collateral Custodian Resignation Clause in Contracts

Collateral Custodian Resignation. Upon the effective date of the Collateral Custodian’s resignation pursuant to Section 14.9, or if the Collateral Custodian is given written notice of an earlier termination hereof pursuant to Section 14.9, the Collateral Custodian shall (i) deliver all of the Related Contracts in the possession of Collateral Custodian to the successor Collateral Custodian or such other person as directed by the Administrative Agent, and (ii) be reimbursed for any costs and expenses Collateral Custodian shall incur in connection with the termination of its duties under this Agreement.

Appears in 2 contracts

Samples: Credit Agreement (Golub Capital Private Credit Fund), Credit Agreement (Golub Capital Private Credit Fund)

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Collateral Custodian Resignation. Upon the effective date of the Collateral Custodian’s resignation pursuant to Section 14.913.10, or if the Collateral Custodian is given written notice of an earlier termination hereof pursuant to Section 14.913.10, the Collateral Custodian shall (i) deliver all of the Related Contracts Required Loan Documents in the possession of Collateral Custodian to the successor Collateral Custodian or such other person as directed by the Administrative AgentCustodian, and (ii) be reimbursed for any costs and expenses Collateral Custodian shall incur in connection with the termination of its duties under this Agreement.

Appears in 2 contracts

Samples: Loan and Security Agreement (Blue Owl Credit Income Corp.), Loan and Security Agreement (Owl Rock Core Income Corp.)

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