Common use of Comply with Duties Clause in Contracts

Comply with Duties. The Securities Intermediary will comply at all times with the duties of a “securities intermediary” under Article 8 of the UCC.

Appears in 17 contracts

Samples: Account Control Agreement (Monroe Capital Income Plus Corp), Securities Account Control Agreement (Owl Rock Core Income Corp.), Securities Account Control Agreement (First Eagle Credit Opportunities Fund)

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Comply with Duties. The Securities Intermediary will comply at all times with the duties of a “securities intermediary” under Article 8 of the UCC and a “bank” within the meaning of Section 9-102(a)(8) of the UCC.

Appears in 4 contracts

Samples: Account Control Agreement (AB Private Credit Investors Corp), Account Control Agreement (AB Private Credit Investors Corp), Account Control Agreement (AB Private Credit Investors Corp)

Comply with Duties. The Securities Intermediary will comply at all times with the duties of (i) a “securities intermediary” under Article 8 of the UCC and (ii) a “bank” (within the meaning of Section 9-102(a)(8) of the UCC) under Article 9 of the UCC.

Appears in 1 contract

Samples: Account Control Agreement (Pennantpark Investment Corp)

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Comply with Duties. The Securities Intermediary will comply at all times with the duties of a “securities intermediary” under Article 8 of the UCC and a “bank” within the meaning of Section 9-102(a)(8) of the UCC.

Appears in 1 contract

Samples: Indenture (Ares Capital Corp)

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