Common use of Defaulted Obligations Clause in Contracts

Defaulted Obligations. The Collateral Manager may direct the Trustee to sell any Defaulted Obligation at any time without restriction.

Appears in 10 contracts

Samples: Indenture (AG Twin Brook Capital Income Fund), Indenture (MidCap Financial Investment Corp), Indenture (Golub Capital Private Credit Fund)

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Defaulted Obligations. The Collateral Manager may direct the Trustee to sell any Defaulted Obligation at any time without restrictiontime.

Appears in 5 contracts

Samples: Supplemental Indenture (Blue Owl Capital Corp), Indenture and Security Agreement (Owl Rock Capital Corp), Indenture and Security Agreement (Owl Rock Capital Corp)

Defaulted Obligations. The Collateral Manager may direct the Collateral Trustee to sell any Defaulted Obligation at any time without restriction.

Appears in 5 contracts

Samples: Indenture and Security Agreement (Varagon Capital Corp), Indenture (Barings Private Credit Corp), Indenture (Barings Private Credit Corp)

Defaulted Obligations. The Collateral Manager may direct the Trustee to sell any Defaulted Obligation at any time during or after the Reinvestment Period without restriction.

Appears in 3 contracts

Samples: Indenture (Blackstone Private Credit Fund), Indenture (JMP Group LLC), Indenture (Fifth Street Senior Floating Rate Corp.)

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Defaulted Obligations. The Collateral Manager may direct the Trustee to sell any Defaulted Obligation at any time without restriction. The Collateral Manager may direct the Trustee to consummate an Exchange Transaction at any time following the satisfaction of the Controlling Class Condition during or after the Reinvestment Period without restriction so long as the conditions set forth in Section 12.2(b) are satisfied.

Appears in 1 contract

Samples: Indenture (Apollo Debt Solutions BDC)

Defaulted Obligations. The Collateral Manager may direct the Trustee to sell any Defaulted Obligation and any Workout Loan at any time without restrictiontime.

Appears in 1 contract

Samples: Indenture and Security Agreement (Owl Rock Capital Corp)

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