Common use of Delivery of Collateral Interests Clause in Contracts

Delivery of Collateral Interests. The Collateral Manager shall cause any Collateral Interest purchased by it or on behalf of the Issuer and any Eligible Investment, an order for the acquisition of which is originated by the Collateral Manager for the account of the Trustee, to be settled to an Account or otherwise meet the requirements of the definition of “Deliver” as set forth in the Indenture, and the Collateral Manager shall promptly provide to the Trustee and the Securities Intermediary a true copy of any trade ticket, order or other similar document relating to the origination and settlement of such order for acquisition. No part of the Collateral shall be acquired by the Collateral Manager. Notwithstanding the foregoing, the Collateral Manager shall have no obligation to file or cause the filing of any financing statements in connection with the Delivery of any item of Collateral on the Closing Date, it being understood that the only financing statements to be filed after the Closing Date are those required to be filed by the Issuer pursuant to Section 7.5 of the Indenture.

Delivery of Collateral Interests. The Collateral Manager shall cause any Collateral Interest purchased by it or on behalf of the Issuer and any Eligible Investment, an order for the acquisition of which is originated by the Collateral Manager for the account of the Trustee, to be settled to an Account or otherwise meet the requirements of the definition Section 3.3 of “Deliver” as set forth in the Indenture, and the Collateral Manager shall promptly provide to the Trustee and the Securities Intermediary a true copy of any trade ticket, order or other similar document relating to the origination and settlement of such order for acquisition. No part of the Collateral shall be acquired by the Collateral Manager. Notwithstanding the foregoing, the Collateral Manager shall have no obligation to file or cause the filing of any financing statements in connection with the Delivery of any item of Collateral on the Closing Date, it being understood that the only financing statements to be filed after the Closing Date are those required to be filed by the Issuer pursuant to Section 7.5 3.3 of the Indenture.