Common use of Custodianship; Transfer of Loans and Permitted Investments Clause in Contracts

Custodianship; Transfer of Loans and Permitted Investments. (a) The Trustee shall hold all Certificated Securities (whether Loans or Permitted Investments) and Instruments in physical form at the office of the Trustee in Boston, Massachusetts or the office of the Trustee in Florence, South Carolina at the addresses specified in Schedule III hereto. Any successor Trustee shall be a state or national bank or trust company which is not an Affiliate of the Borrower and which is a Qualified Institution.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Ares Capital Corp), Sale and Servicing Agreement (Ares Capital Corp)

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Custodianship; Transfer of Loans and Permitted Investments. (a) The Trustee on behalf of the Secured Parties shall hold all Certificated Securities (whether Loans Loans, Equity Interests or Permitted Investments) and Instruments in physical form at the office of the Trustee in Boston, Massachusetts or the document custody office of the Trustee in Florence, South Carolina at the addresses specified in Schedule III hereto. Any successor Trustee shall be a state or national bank or trust company which is not an Affiliate of the Borrower and which is a Qualified Institution.

Appears in 2 contracts

Samples: Loan and Servicing Agreement (NewStar Financial, Inc.), Loan and Servicing Agreement (NewStar Financial, Inc.)

Custodianship; Transfer of Loans and Permitted Investments. (a) The Trustee on behalf of the Secured Parties shall hold all Certificated Securities (whether Loans Loans, Equity Interests or Permitted Investments) and Instruments in physical form at the office of the Trustee in Boston, Massachusetts or the office of the Trustee in Florence, South Carolina at the addresses specified in Schedule III hereto. Any successor Trustee shall be a state or national bank or trust company which is not an Affiliate of the Borrower Seller and which is a Qualified Institution.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (NewStar Financial, Inc.), Sale and Servicing Agreement (NewStar Financial, Inc.)

Custodianship; Transfer of Loans and Permitted Investments. (a) The Trustee on behalf of the Secured Parties shall hold all Certificated Securities (whether Loans or Permitted Investments) and Instruments delivered to it in physical form at the office of the Trustee in Boston, Massachusetts or the office of the Trustee in Florence, South Carolina at the addresses specified in Schedule III hereto. Any successor Trustee shall be a state or national bank or trust company which is not an Affiliate of the Borrower and which is a Qualified Institution.

Appears in 2 contracts

Samples: Secured Loan and Servicing Agreement (NewStar Financial, Inc.), Secured Loan and Servicing Agreement (NewStar Financial, Inc.)

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Custodianship; Transfer of Loans and Permitted Investments. (a) The Custodian on behalf of the Trustee and the Secured Parties shall hold all Certificated Securities (whether Loans Loans, Equity Interests or Permitted Investments) and Instruments in physical form at the office of the Trustee Custodian in Boston, Massachusetts or the document custody office of the Trustee Custodian in Florence, South Carolina at the addresses specified in Schedule III hereto. Any successor Trustee shall be a state or national bank or trust company which is not an Affiliate of the Borrower and which is a Qualified Institution.

Appears in 1 contract

Samples: Loan and Servicing Agreement (NewStar Financial, Inc.)

Custodianship; Transfer of Loans and Permitted Investments. (a) The Trustee on behalf of the Secured Parties shall hold all Certificated Securities (whether Loans Loans, Equity Interests or Permitted Investments) and Instruments in physical form at the office of the Trustee in Boston, Massachusetts or the office of the Trustee U.S. Bank in Florence, South Carolina at the addresses specified in Schedule III hereto. Any successor Trustee shall be a state or national bank or trust company which is not an Affiliate of the Borrower and which is a Qualified Institution.

Appears in 1 contract

Samples: Loan and Servicing Agreement (NewStar Financial, Inc.)

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