Common use of Collateral Obligations Not to Be Evidenced by Promissory Notes Clause in Contracts

Collateral Obligations Not to Be Evidenced by Promissory Notes. In the event that any Collateral Obligation not originally evidenced by a promissory note is evidenced by an Instrument, the Depositor shall deliver such Instrument to the Custodian.

Appears in 2 contracts

Samples: Master Loan Sale Agreement (KCAP Financial, Inc.), Master Loan Sale Agreement (TICC Capital Corp.)

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Collateral Obligations Not to Be Evidenced by Promissory Notes. In the event that any Collateral Obligation not originally evidenced by a promissory note is evidenced by an Instrument, the Depositor Originator shall deliver such Instrument to the Custodian.

Appears in 2 contracts

Samples: Master Loan Sale Agreement (KCAP Financial, Inc.), Master Loan Sale Agreement (TICC Capital Corp.)

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Collateral Obligations Not to Be Evidenced by Promissory Notes. In the event that any Collateral Obligation not originally evidenced by a promissory note is evidenced by an Instrument, the Depositor Transferor shall deliver such Instrument to the Custodian.

Appears in 1 contract

Samples: Master Loan Sale Agreement (TICC Capital Corp.)

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