Delivery of Related Documents. (a) The Borrower shall deliver, or cause to be delivered, to the Document Custodian all of the Related Loan Documents for each Collateral Loan owned by the Borrower at any time during the term of this Agreement at the address identified herein. The Document Custodian shall not be responsible for any Collateral Loan or Related Document until actually received by it. (b) The Borrower or the Collateral Manager (on behalf of the Borrower) shall deliver, promptly after the acquisition of any Collateral Loan (but no more than five (5) Business Days after such acquisition) the Related Documents for each Collateral Loan. In connection with each delivery of Related Documents to the Document Custodian, the Collateral Manager shall represent, warrant and agree that the Related Documents delivered to the Document Custodian shall include all of the documents listed in the related Loan Checklist and all of such documents are complete in all material respects pursuant to a certification in the form of Exhibit G executed by a Responsible Officer of the Collateral Manager. (c) Notwithstanding any language to the contrary herein, the Document Custodian shall make no representations as to, and shall not be responsible to verify, (i) the validity, legality, ownership, title, perfection, priority, enforceability, due authorization, recordability, sufficiency for any purpose, or genuineness of any of the documents contained in the Related Documents or (ii) the collectability, insurability, effectiveness or suitability of any such Collateral Loan.
Appears in 5 contracts
Samples: Revolving Credit and Security Agreement (Monroe Capital Income Plus Corp), Revolving Credit and Security Agreement (Monroe Capital Income Plus Corp), Revolving Credit and Security Agreement (Monroe Capital Income Plus Corp)
Delivery of Related Documents. (a) The Borrower shall deliver, or cause to be delivered, to the Document Custodian all of the Related Loan Documents for each Collateral Loan owned by the Borrower at any time during the term of this Agreement at the address identified herein. The Document Custodian shall not be responsible for any Collateral Loan or Related Document until actually received by it.
(b) The Borrower or the Collateral Manager (on behalf of the Borrower) shall deliver, promptly after the acquisition of any Collateral Loan (but no more than five (5) Business Days after such acquisition) the Related Documents for each Collateral Loan. In connection with each delivery of Related Documents to the Document Custodian, the Collateral Manager shall represent, warrant and agree that the Related Documents delivered to the Document Custodian shall include all of the documents listed in the related Loan Checklist and all of such documents are complete in all material respects pursuant to a certification in the form of Exhibit G executed by a Responsible Officer of the Collateral Manager.
(c) Notwithstanding any language to the contrary herein, the Document Custodian shall make no representations as to, and shall not be responsible to verify, (i) the validity, legality, ownership, title, perfection, priority, enforceability, due authorization, recordability, sufficiency for any purpose, or genuineness of any of the documents contained in the Related Documents or (ii) the collectability, insurability, effectiveness or suitability of any such Collateral Loan.
Appears in 2 contracts
Samples: Revolving Credit and Security Agreement (Monroe Capital Income Plus Corp), Revolving Credit and Security Agreement (Monroe Capital Income Plus Corp)
