Common use of Distributions, Reinvestment and Dividends Clause in Contracts

Distributions, Reinvestment and Dividends. (a) On each Distribution Date (other than a date upon which the CLO Takeout occurs), the Collateral Agent shall distribute from the Interest Collection Account, in accordance with the applicable Monthly Report prepared by the Collateral Agent and approved by the Facility Agent pursuant to Section 8.5, the Amount Available for such Distribution Date in the following order of priority:

Appears in 2 contracts

Samples: Loan Financing and Servicing Agreement (Oaktree Specialty Lending Corp), Loan Financing and Servicing Agreement (Oaktree Strategic Income Corp)

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Distributions, Reinvestment and Dividends. (a) On each Distribution Date (other than a date upon which the CLO Takeout occurs), the Collateral Agent shall distribute from the Interest Collection Account, in accordance with the applicable Monthly Report prepared by the Collateral Agent and approved by the Facility Agent AgentServicer pursuant to Section 8.5, the Amount Available for such Distribution Date in the following order of priority:

Appears in 2 contracts

Samples: Loan Financing and Servicing Agreement (Oaktree Specialty Lending Corp), Loan Financing and Servicing Agreement (Oaktree Strategic Income Corp)

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