Common use of Delivery of Proceeds Clause in Contracts

Delivery of Proceeds. In the event that the Borrower receives any payments in respect of or other proceeds of Collateral Loans or other Collateral or any capital contribution, the Borrower shall pay such payments or other proceeds to the Collateral Agent promptly and, in no event, later than two Business Days after the Borrower’s receipt thereof.

Appears in 21 contracts

Samples: Credit Agreement (AB Private Lending Fund), Credit Agreement (Blue Owl Capital Corp), Credit Agreement (Golub Capital Private Credit Fund)

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Delivery of Proceeds. In the event that the Borrower receives any payments in respect of or other proceeds of Collateral Loans or other Collateral or any capital contribution, the Borrower shall hold such payments or other proceeds in trust for and pay such payments or other proceeds to the Collateral Agent promptly and, in no event, later than two Business Days after the Borrower’s receipt thereof.

Appears in 12 contracts

Samples: Credit Agreement (Blue Owl Technology Finance Corp.), Credit Agreement (Blue Owl Technology Finance Corp. II), Credit Agreement (Blue Owl Technology Income Corp.)

Delivery of Proceeds. In the event that the Borrower receives any payments in respect of or other proceeds of Collateral Loans or other Collateral or any capital contribution, the Borrower shall pay such payments or other proceeds to the Collateral Agent promptly and, in no event, later than two Business Days after the Borrower’s 's receipt thereof.

Appears in 3 contracts

Samples: Credit Agreement (Fifth Street Senior Floating Rate Corp.), Credit Agreement (Fifth Street Senior Floating Rate Corp.), Credit Agreement (Garrison Capital LLC)

Delivery of Proceeds. In the event that the Borrower receives any payments in respect of or other proceeds of Collateral Loans or other Collateral or any capital contribution, the Borrower shall pay such payments or other proceeds to the Collateral Agent or the Collection Account promptly and, in no event, later than two Business Days five days after the Borrower’s 's receipt thereof.

Appears in 2 contracts

Samples: Credit Agreement (Ares Strategic Income Fund), Credit Agreement (Ares Strategic Income Fund)

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Delivery of Proceeds. In the event that the Borrower receives any payments in respect of or other proceeds of Collateral Loans Obligations or other Collateral or any capital contribution, the Borrower shall pay such payments or other proceeds to the Collateral Agent promptly and, in no event, later than two Business Days after the Borrower’s receipt thereof.

Appears in 1 contract

Samples: Credit Agreement (AB Private Credit Investors Corp)

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