Determination of Interest. The Administrative Agent shall calculate and determine the Interest (including unpaid Interest related thereto, if any, due and payable on a prior Quarterly Payment Date and the Benchmark) to be paid by the Borrower on each Quarterly Payment Date for the related Accrual Period and shall advise the Borrower and the Collateral Manager thereof no later than the third Business Day prior to such Quarterly Payment Date.
Appears in 3 contracts
Samples: Loan, Security and Collateral Management Agreement (Phillip Street Middle Market Lending Fund LLC), Omnibus Amendment to Transaction Documents (Phillip Street Middle Market Lending Fund LLC), Loan, Security and Collateral Management Agreement (Phillip Street Middle Market Lending Fund LLC)
Determination of Interest. The Administrative Agent shall calculate and determine the Interest amount of interest (including unpaid Interest related theretointerest, if any, due and payable on a prior Quarterly Payment Date and the BenchmarkDate) to be paid by the Borrower with respect to the outstanding Advances on each Quarterly Payment Date for the related Accrual Interest Period and shall advise the Borrower and the Collateral Manager thereof no not later than on the third fourth Business Day prior to such Quarterly Payment Date.
Appears in 2 contracts
Samples: Credit Agreement, Credit Agreement (Genesis Lease LTD)
Determination of Interest. The Administrative Agent shall calculate and determine the Interest (including unpaid Interest related thereto, if any, due and payable on a prior Quarterly Payment Date and the BenchmarkDate) to be paid by the Borrower with respect to each Advance on each Quarterly Payment Date for the related Accrual Period and shall advise the Borrower and the Collateral Manager Administrator thereof no later than on the third Business Day prior to such Quarterly Payment Date.
Appears in 2 contracts
Samples: Loan and Security Agreement (New Mountain Finance Corp), Loan and Security Agreement (New Mountain Finance Corp)
Determination of Interest. The Administrative Agent shall calculate and determine the Interest (including unpaid Interest related thereto, if any, due and payable on a prior Quarterly Payment Date and the BenchmarkDate) to be paid by the Borrower on each Quarterly Payment Date for the related Accrual Period and shall advise the Borrower and the Collateral Investment Manager thereof no later than on the third Business Day prior to such Quarterly Payment Date.
Appears in 2 contracts
Samples: Loan, Security and Investment Management Agreement (Investcorp Credit Management BDC, Inc.), Loan, Security and Investment Management Agreement (Investcorp Credit Management BDC, Inc.)
Determination of Interest. The Administrative Agent shall calculate and determine the Interest (including unpaid Interest related thereto, if any, due and payable on a prior Quarterly Payment Date and the Benchmark) to be paid by the Borrower on each Quarterly Payment Date for the related Accrual Period and shall advise the Borrower and the Collateral Manager Administrator thereof no later than the third Business Day prior to such Quarterly Payment Date.
Appears in 2 contracts
Samples: Loan and Security Agreement (KKR FS Income Trust), Loan and Security Agreement (KKR FS Income Trust)
Determination of Interest. The Administrative Agent shall calculate and determine the Interest (including unpaid Interest related thereto, if any, due and payable on a prior Quarterly Payment Date and the BenchmarkDate) to be paid by the Borrower on each Quarterly Payment Date for the related Accrual Period and shall advise the Borrower Investment Manager and the Collateral Manager Custodian thereof no later than on the third Business Day prior to the Reporting Date for such Quarterly Payment Date.
Appears in 2 contracts
Samples: Loan, Security and Investment Management Agreement (Investcorp US Institutional Private Credit Fund), Loan, Security and Investment Management Agreement (Investcorp US Institutional Private Credit Fund)
Determination of Interest. The Administrative Agent shall calculate and determine the Interest (including unpaid Interest related thereto, if any, due and payable on a prior Quarterly Payment Date and the Benchmark) to be paid by the Borrower on each Quarterly Payment Date for the related Accrual Period and shall advise the Borrower Collateral Manager and the Collateral Manager Custodian thereof no later than the third Business Day prior to such Quarterly Payment Date.
Appears in 2 contracts
Samples: Loan, Security and Collateral Management Agreement (AG Twin Brook Capital Income Fund), Loan, Security and Collateral Management Agreement (AGTB Private BDC)
Determination of Interest. The Administrative Agent shall calculate and determine the Interest (including unpaid Interest related thereto, if any, due and payable on a prior Quarterly Payment Date and the Benchmark) to be paid by the Borrower on each Quarterly Payment Date for the related Accrual Period and shall advise the Borrower and the Collateral Manager thereof no later than the third Business Day prior to such Quarterly Payment Date.
Appears in 2 contracts
Samples: Loan and Security Agreement (Cim Real Estate Finance Trust, Inc.), Loan and Security Agreement (Cim Real Estate Finance Trust, Inc.)
Determination of Interest. The Administrative Agent shall calculate and determine the applicable Interest Rate for each Lender (including unpaid Interest related thereto, if any, due and payable on from a prior Quarterly Payment Date and the BenchmarkDate) to be paid by the Borrower with respect to each Advance on each Quarterly Payment Date for the related Accrual Period and shall advise the Borrower and the Collateral Manager Servicer thereof no later than on the third Business Day prior to such Quarterly Payment Date.
Appears in 1 contract
Samples: Loan and Servicing Agreement (NewStar Financial, Inc.)
Determination of Interest. The Administrative Agent shall calculate and determine the Interest (including unpaid Interest related thereto, if any, due and payable on a prior Quarterly Payment Date and the Benchmark) to be paid by the Borrower on each Quarterly Payment Date for the related Accrual Period and shall advise the Borrower and the Collateral Manager Administrator thereof no onno later than the third Business Day prior to such Quarterly Payment Date.
Appears in 1 contract
Determination of Interest. The Administrative Agent shall calculate and determine the Interest (including unpaid Interest related thereto, if any, due and payable on a prior Quarterly Payment Date and the BenchmarkLIBOR RateBenchmark) to be paid by the Borrower on each Quarterly Payment Date for the related Accrual Period and shall advise the Borrower and the Collateral Manager Administrator thereof no later than on the third Business Day prior to such Quarterly Payment Date.
Appears in 1 contract
Determination of Interest. The Administrative Agent shall calculate and determine the Interest (including unpaid Interest related thereto, if any, due and payable on a prior Quarterly Interest Payment Date and the BenchmarkDate) to be paid by the Borrower on each Quarterly Interest Payment Date for the related Accrual Period and shall advise the Borrower and thereof in writing on the Collateral Manager thereof no later than the third second Business Day prior to such Quarterly Interest Payment Date.
Appears in 1 contract
Samples: Loan and Security Agreement (Crescent Capital BDC, Inc.)
Determination of Interest. The Administrative Agent shall calculate and determine the Interest (including unpaid Interest related thereto, if any, due and payable on a prior Quarterly Payment Date and the BenchmarkDate) to be paid by the Borrower on each Quarterly Payment Date for the related Accrual Period and shall advise the Borrower InvestmentCollateral Manager and the Collateral Manager Custodian thereof no later than on the third Business Day prior to the Reporting Date for such Quarterly Payment Date.
Appears in 1 contract
Samples: Loan, Security and Investment Management Agreement (Investcorp US Institutional Private Credit Fund)
Determination of Interest. The Administrative Agent shall calculate and determine the applicable Interest Rate for each Lender (including unpaid Interest related thereto, if any, due and payable on from a prior Quarterly Payment Date and the BenchmarkDate) to be paid by the Borrower with respect to each Advance on each Quarterly Payment Date for the related Accrual Period and shall advise the Borrower and the Collateral Manager thereof no later than on the third Business Day prior to such Quarterly Payment Date.
Appears in 1 contract
Samples: Loan and Servicing Agreement (NewStar Financial, Inc.)
Determination of Interest. The Administrative Agent shall calculate and determine the Interest (including unpaid Interest related thereto, if any, due and payable on a prior Quarterly Payment Date and the BenchmarkLIBOR Rate) to be paid by the Borrower on each Quarterly Payment Date for the related Accrual Period and shall advise the Borrower and the Collateral Manager Administrator thereof no later than on the third Business Day prior to such Quarterly Payment Date.
Appears in 1 contract
Samples: Loan and Security Agreement (FS Investment Corp IV)
Determination of Interest. The Administrative Agent shall calculate and determine the Interest (including unpaid Interest related thereto, if any, due and payable on a prior Quarterly Payment Date and the BenchmarkLIBOR Rate) to be paid by the Borrower on each Quarterly Payment Date for the related Accrual Period and shall advise the Borrower Collateral Manager and the Collateral Manager Borrower thereof no later than on the third Business Day prior to such Quarterly Payment Date.
Appears in 1 contract
Samples: Loan, Security and Collateral Management Agreement (First Eagle Credit Opportunities Fund)
Determination of Interest. The Administrative Agent shall calculate and determine the Interest (including unpaid Interest related thereto, if any, due and payable on a prior Quarterly Payment Date and the BenchmarkDate) to be paid by the Borrower on each Quarterly Payment Date for the related Accrual Period and shall advise the Borrower and the Collateral Manager Servicer thereof no later than the third Business Day prior to such Quarterly Payment Date.
Appears in 1 contract
Samples: Loan, Security and Servicing Agreement (Monroe Capital Income Plus Corp)
Determination of Interest. The Administrative Agent shall calculate and determine the Interest (including unpaid Interest related thereto, if any, due and payable on a prior Quarterly Payment Date and the Benchmark) to be paid by the Borrower on each Quarterly Payment Date for the related Accrual Period and shall advise the Borrower Collateral Manager and the Collateral Manager Administrator thereof no later than the third Business Day prior to such Quarterly Payment Date.
Appears in 1 contract
Samples: Loan, Security and Collateral Management Agreement (Willow Tree Capital Corp)
Determination of Interest. The Administrative Agent shall calculate and determine the Interest (including unpaid Interest related thereto, if any, due and payable on a prior Quarterly Payment Date and the BenchmarkDate) to be paid by the Borrower on each Quarterly Payment Date for the related Accrual Period and shall advise the Borrower and the Collateral Manager thereof no later than on the third Business Day prior to such Quarterly Payment Date.
Appears in 1 contract
Samples: Loan, Security and Collateral Management Agreement (Investcorp Credit Management BDC, Inc.)
Determination of Interest. The Administrative Agent shall calculate and determine the Interest (including unpaid Interest related thereto, if any, due and payable on a prior Quarterly Payment Date and the BenchmarkDate) to be paid by the Borrower on each Quarterly Payment Date for the related Accrual Period and shall advise the Borrower and the Collateral InvestmentCollateral Manager thereof no later than on the third Business Day prior to such Quarterly Payment Date.
Appears in 1 contract
Samples: Loan, Security and Investment Management Agreement (Investcorp Credit Management BDC, Inc.)
