Common use of Collective Proceedings Clause in Contracts

Collective Proceedings. In any proceedings brought by the Collateral Agent to enforce the Liens under the Transaction Documents (and also any proceedings involving the interpretation of any provision of any Transaction Document), the Collateral Agent shall be held to represent all of the Secured Parties, and it shall not be necessary to make any Secured Party a party to any such proceedings.

Appears in 54 contracts

Samples: Loan and Servicing Agreement (Blue Owl Capital Corp III), Loan and Servicing Agreement (AGL Private Credit Income Fund), Loan and Servicing Agreement (Antares Strategic Credit Fund)

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Collective Proceedings. In any proceedings brought by the Collateral Facility Agent to enforce the Liens under the Transaction Documents (and also any proceedings involving the interpretation of any provision of any Transaction Document), the Collateral Facility Agent shall be held to represent all of the Secured Parties, and it shall not be necessary to make any Secured Party a party to any such proceedings.

Appears in 1 contract

Samples: Loan Financing and Servicing Agreement (TriplePoint Venture Growth BDC Corp.)

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