Employment of Administrator. The Company hereby employs the Administrator to act as administrator of the Company, and to furnish, or arrange for others to furnish, the administrative services, personnel and facilities described below, subject to review by and the overall control of the Board of Directors of the Company (the “Board”), for the period and on the terms and conditions set forth in this Agreement. The Administrator hereby accepts such employment and agrees during such period to render, or arrange for the rendering of, such services and to assume the obligations herein set forth subject to the reimbursement of costs and expenses provided for below. The Administrator and such others shall for all purposes herein be deemed to be independent contractors and shall, unless otherwise expressly provided or authorized herein, have no authority to act for or represent the Company in any way or otherwise be deemed agents of the Company.
Appears in 51 contracts
Samples: Administration Agreement (TCW Spirit Direct Lending LLC), Administration Agreement (MSD Investment Corp.), Administration Agreement (TCW Star Direct Lending LLC)
Employment of Administrator. The Company Corporation hereby employs the Administrator to act as administrator of the CompanyCorporation, and to furnish, or arrange for others to furnish, the administrative services, personnel and facilities described below, subject to review by and the overall control of the Board of Directors of the Company (the “Board”)Corporation, for the period and on the terms and conditions set forth in this Agreement. The Administrator hereby accepts such employment and agrees during such period to render, or arrange for the rendering of, such services and to assume the obligations herein set forth subject to the reimbursement of costs and expenses provided for below. The Administrator and such others shall for all purposes herein be deemed to be independent contractors and shall, unless otherwise expressly provided or authorized herein, have no authority to act for or represent the Company Corporation in any way or otherwise be deemed agents of the CompanyCorporation.
Appears in 29 contracts
Samples: Amended and Restated Administration Agreement (Pennantpark Investment Corp), Administration Agreement (PennantPark Floating Rate Capital Ltd.), Administration Agreement (PennantPark Floating Rate Capital Ltd.)
Employment of Administrator. The Company hereby employs the Administrator to act as administrator of the Company, and to furnish, or arrange for others to furnish, the administrative services, personnel and facilities described below, subject to review by and the overall control of the Board of Directors of the Company (the “Board”)Company, for the period and on the terms and conditions set forth in this Agreement. The Administrator hereby accepts such employment and agrees during such period to render, or arrange for the rendering of, such services and to assume the obligations herein set forth subject to the reimbursement of costs and expenses provided for below. The Administrator and such others shall for all purposes herein be deemed to be independent contractors and shall, unless otherwise expressly provided or authorized herein, have no authority to act for or represent the Company in any way or otherwise be deemed agents of the Company.
Appears in 16 contracts
Samples: Agreement (Crescent Capital BDC, Inc.), Administration Agreement (Crescent Reincorporation Sub, Inc.), Administration Agreement (AG Twin Brook BDC, Inc.)
Employment of Administrator. The Company hereby employs the Administrator to act as administrator of the Company, and to furnish, or arrange for others to furnish, the administrative services, personnel and facilities described below, subject to review by and the overall control of the Board of Directors Trustees of the Company (the “Board”), for the period and on the terms and conditions set forth in this Agreement. The Administrator hereby accepts such employment and agrees during such period to render, or arrange for the rendering of, such services and to assume the obligations herein set forth subject to the reimbursement of costs and expenses provided for below. The Administrator and such others shall for all purposes herein be deemed to be independent contractors and shall, unless otherwise expressly provided or authorized herein, have no authority to act for or represent the Company in any way or otherwise be deemed agents of the Company.
Appears in 12 contracts
Samples: Administration Agreement (Blue Owl Real Estate Net Lease Trust), Administration Agreement (Middle Market Apollo Institutional Private Lending), Agreement (Bain Capital Private Credit)
Employment of Administrator. The Company hereby employs appoints the Administrator to act as administrator of the Company, and to furnish, or arrange for others to furnish, the administrative services, personnel and facilities described below, subject to review by and the overall control of the Board of Directors of the Company (the “Board”), for the period and on the terms and conditions set forth in this Agreement. The Administrator hereby accepts such employment and agrees during such period to render, or arrange for the rendering of, such services and to assume the obligations herein set forth subject to the reimbursement of costs and expenses provided for below. The Administrator and such others shall for all purposes herein be deemed to be independent contractors and shall, unless otherwise expressly provided or authorized herein, have no authority to act for or represent the Company in any way or otherwise be deemed agents of the Company.
Appears in 4 contracts
Samples: Administration Agreement (Oaktree Specialty Lending Corp), Administration Agreement (Oaktree Strategic Income Corp), Administration Agreement (Oaktree Strategic Income Corp)
Employment of Administrator. The Company hereby employs retains the Administrator to act as administrator of the Company, and to furnish, or arrange for others to furnish, the administrative services, personnel and facilities described below, subject to review by and the overall control of the Board of Directors of the Company (the “Board”), for the period and on the terms and conditions set forth in this Agreement. The Administrator hereby accepts such employment retention and agrees during such period to render, or arrange for the rendering of, such services and to assume the obligations herein set forth subject to the reimbursement of costs and expenses provided for below. The Administrator and such others shall for all purposes herein be deemed to be independent contractors and shall, unless otherwise expressly provided or authorized herein, have no authority to act for or represent the Company in any way or otherwise be deemed agents of the Company.
Appears in 4 contracts
Samples: Agreement (TCG BDC II, Inc.), Agreement (NF Investment Corp.), Agreement (Carlyle GMS Finance, Inc.)
Employment of Administrator. The Company hereby employs the Administrator to act as administrator of the Company, and to furnish, or arrange for others to furnish, the administrative services, personnel and facilities described below, subject to review by and the overall control of the Board Company’s board of Directors of the Company directors (the “BoardBoard of Directors”), for the period and on the terms and conditions set forth in this Agreement. The Administrator hereby accepts such employment and agrees during such period to render, or arrange for the rendering of, such services and to assume the obligations herein set forth subject to the reimbursement of costs and expenses as provided for below. The Administrator and any such others other persons providing services arranged for by the Administrator shall for all purposes herein be deemed to be independent contractors and shall, unless otherwise expressly provided or authorized herein, have no authority to act for or represent the Company in any way or otherwise be deemed agents of the Company.
Appears in 4 contracts
Samples: Administration Agreement (Barings Private Credit Corp), Administration Agreement (Barings Private Credit LLC), Administration Agreement (Barings Capital Investment Corp)
Employment of Administrator. The Company Corporation hereby employs the Administrator to act as administrator of the CompanyCorporation, and to furnish, or arrange for others to furnish, the administrative services, personnel and facilities described below, subject to review by and the overall control of the Board of Directors of the Company Corporation (the “Board”), for the period and on the terms and conditions set forth in this Agreement. The Administrator hereby accepts such employment and agrees during such period to render, or arrange for the rendering of, such services and to assume the obligations herein set forth subject to the reimbursement of costs and expenses provided for belowherein. The Administrator and such others who may furnish some or all of the administrative services, personnel and facilities described below, shall for all purposes herein be deemed to be independent contractors and shall, unless otherwise expressly provided or authorized herein, have no authority to act for or represent the Company Corporation in any way or otherwise be deemed agents of the CompanyCorporation.
Appears in 3 contracts
Samples: Administration Agreement (TriplePoint Global Venture Credit, LLC), Administration Agreement (TriplePoint Venture Growth BDC Corp.), Administration Agreement (TriplePoint Venture Growth BDC Corp.)
Employment of Administrator. The Company hereby employs the Administrator to act as administrator of the Company, and to furnish, or arrange for others to furnish, the administrative services, personnel and facilities described below, subject to review by and the overall control of the Board of Directors of the Company (the “BoardBoard of Directors”), for the period and on the terms and conditions set forth in this Agreement. The Administrator hereby accepts such employment and agrees during such period to render, or arrange for the rendering of, such services and to assume the obligations herein set forth subject to the reimbursement of costs and expenses provided for below. The Administrator and such others shall for all purposes herein be deemed to be independent contractors and shall, unless otherwise expressly provided or authorized herein, have no authority to act for or represent the Company in any way or otherwise be deemed agents of the Company.
Appears in 3 contracts
Samples: Administration Agreement (Golub Capital Direct Lending Unlevered LLC), Administration Agreement (Golub Capital BDC 4 LLC), Agreement (Golub Capital Direct Lending LLC)
Employment of Administrator. The Company hereby employs the Administrator to act as administrator of the Company, and to furnish, or arrange for others to furnish, the administrative services, personnel and facilities described below, subject to review by and the overall control of the Board of Directors of the Company (the “Board”), for the period and on the terms and conditions set forth in this Agreement. The Administrator hereby accepts such employment and agrees during such period to render, or arrange for the rendering of, such services and to assume the obligations herein set forth subject to the reimbursement of costs and expenses as provided for below. The Administrator and any such others other persons providing services arranged for by the Administrator shall for all purposes herein be deemed to be independent contractors and shall, unless otherwise expressly provided or authorized herein, have no authority to act for or represent the Company in any way or otherwise be deemed agents of the Company.
Appears in 2 contracts
Samples: Administration Agreement (Willow Tree Capital Corp), Administration Agreement (Centre Lane Investment Corp.)
Employment of Administrator. The Company hereby employs the Administrator to act as administrator of the Company, and to furnish, or arrange for others to furnish, the administrative services, personnel and facilities described below, subject to review by and the overall control of the Board of Directors of the Company (the “Board”)Company, for the period and on the terms and conditions set forth in this Agreement. The Administrator hereby accepts such employment and agrees during such period to render, or arrange for the rendering of, such services and to assume the obligations herein set forth forth, subject to the reimbursement of costs and expenses provided for below. The Administrator and such others shall for all purposes herein be deemed to be independent contractors and shall, unless otherwise expressly provided or authorized herein, have no authority to act for or represent the Company in any way or otherwise be deemed agents of the Company.
Appears in 2 contracts
Samples: Administration Agreement (WhiteHorse Finance, Inc.), Administration Agreement (WhiteHorse Finance, LLC)
Employment of Administrator. The Company Corporation hereby employs the --------------------------- Administrator to act as a manager and administrator of the Companyeach Fund, and to furnish, or arrange for others affiliates to furnish, the management and administrative services, personnel and facilities services described below, subject to review by and the overall control of the Board of Directors of the Company (the “Board”)Directors, for the period and on the terms and conditions set forth in this Agreement. The Administrator hereby accepts such employment and agrees during such period period, at its own expense, to render, or arrange for the rendering of, such services and to assume the obligations herein set forth subject to for the reimbursement of costs and expenses compensation provided for belowherein. The Administrator and such others its affiliates shall for all purposes herein be deemed to be independent contractors and shall, unless otherwise expressly provided or authorized hereinauthorized, have no authority to act for or represent the Company Corporation or any Fund in any way or otherwise be deemed agents of the CompanyCorporation or any Fund.
Appears in 2 contracts
Samples: Administration Agreement (Mercury Quantitative Series Fund Inc), Administration Agreement (Mercury Life Strategy Fund Inc)
Employment of Administrator. The Company hereby employs retains the Administrator to act as administrator of the Company, and to furnish, or arrange for others to furnish, the administrative services, personnel and facilities described below, subject to review by and the overall control of the Board of Directors of the Company (the “Board”), for the period and on the terms and conditions set forth in this Agreement. The Administrator hereby accepts such employment retention and agrees during such period to render, or arrange for the rendering of, such services and to assume the obligations herein set forth subject to the reimbursement of costs and expenses provided for below. The Administrator and such others shall for all purposes herein be deemed to be an independent contractors contractor and shall, unless otherwise expressly provided or authorized herein, have no authority to act for or represent the Company in any way or otherwise be deemed agents an agent of the Company.
Appears in 2 contracts
Samples: Administration Agreement (Portman Ridge Finance Corp), Administration Agreement (BC Partners Lending Corp)
Employment of Administrator. The Company hereby employs the Administrator to act as administrator of the Company, and to furnish, or arrange for others to furnish, the administrative services, personnel and facilities described below, subject to review by and the overall control of the Board of Directors of the Company (the “Board”), for the period and on the terms and conditions set forth in this Agreement. The Administrator hereby accepts such employment and agrees during such period to render, or arrange for the rendering of, such services and to assume the obligations herein set forth subject to the reimbursement of costs and expenses provided for below. The Administrator and such others shall for all purposes herein be deemed to be independent contractors and shall, unless otherwise expressly provided or authorized herein, have no authority to act for or represent the Company in any way or otherwise be deemed agents of the Company..
Appears in 2 contracts
Samples: Administration Agreement (Runway Growth Credit Fund Inc.), Administration Agreement (Runway Growth Credit Fund Inc.)
Employment of Administrator. The Company Corporation hereby employs the Administrator to act as administrator of the CompanyCorporation, and to furnish, or arrange for others to furnish, the administrative services, personnel and facilities described below, subject to review by and the overall control of the Board of Directors of the Company Corporation (the “Board”), for the period and on the terms and conditions set forth in this Agreement. The Administrator hereby accepts such employment and agrees during such period to render, or arrange for the rendering of, such services and to assume the obligations herein set forth subject to the reimbursement of costs and expenses provided for below. The Administrator and such others shall for all purposes herein be deemed to be independent contractors and shall, unless otherwise expressly provided or authorized herein, have no authority to act for or represent the Company Corporation in any way or otherwise be deemed agents of the CompanyCorporation.
Appears in 2 contracts
Samples: Administration Agreement (Business Development Corp of America), Administration Agreement (MediaTech Investment Corp.)
Employment of Administrator. The Company hereby employs retains the Administrator to act as administrator of the Company, and to furnish, or arrange for others to furnish, the administrative services, personnel and facilities described below, subject to review by and the overall control of the Board of Directors Trustees of the Company (the “Board”), for the period and on the terms and conditions set forth in this Agreement. The Administrator hereby accepts such employment retention and agrees during such period to render, or arrange for the rendering of, such services and to assume the obligations herein set forth subject to the reimbursement of costs and expenses provided for below. The Administrator and such others shall for all purposes herein be deemed to be independent contractors and shall, unless otherwise expressly provided or authorized herein, have no authority to act for or represent the Company in any way or otherwise be deemed agents of the Company.
Appears in 2 contracts
Samples: Administration Agreement (Fortress Net Lease REIT), Administration Agreement (Carlyle Secured Lending III)
Employment of Administrator. The Company hereby employs retains the Administrator to act as administrator of the Company, and to furnish, furnish or arrange for others to furnish, furnish the administrative services, personnel and facilities described below, subject to review by and the overall control of the Board of Directors of the Company (the “Board”), for the period and on the terms and conditions set forth in this Agreement. The Administrator hereby accepts such employment retention and agrees during such period to render, or arrange for the rendering of, such services and to assume the obligations herein set forth subject to the reimbursement of costs and expenses provided for below. The Administrator and such others shall for all purposes herein be deemed to be independent contractors and shall, unless otherwise expressly provided or authorized herein, have no authority to act for or represent the Company in any way or otherwise be deemed to be agents of the Company.
Appears in 1 contract
Employment of Administrator. The Company hereby employs the Administrator to act as administrator of the Company, and to furnish, or arrange for others to furnish, the administrative services, personnel and facilities described below, subject to review by and the overall control of the Board Company’s board of Directors of the Company directors (the “BoardBoard of Directors”), for the period and on the terms and conditions set forth in this Agreement. The Administrator hereby accepts such employment and agrees during such period to render, or arrange for the rendering of, such services and to assume the obligations herein set forth subject to the reimbursement of costs and expenses as provided for below. The Administrator and any such others other persons providing services arranged for by the Administrator shall for all purposes herein be deemed to be independent contractors and shall, unless otherwise expressly provided or authorized herein, have no authority to act for or represent the Company in any way or otherwise be deemed agents of the Company.. (b)
Appears in 1 contract
Samples: Version Administration Agreement
Employment of Administrator. The Company hereby employs retains the Administrator to act as administrator of the Company, and to furnish, or arrange for others to furnish, the administrative services, personnel and facilities described below, subject to review by and the overall control supervision of the Board board of Directors directors of the Company (the “Board”"Board of Directors"), for the period and on the terms and conditions set forth in this Agreement. The Administrator hereby accepts such employment and agrees during such period to render, or arrange for the rendering of, such services and to assume the obligations herein set forth subject to the reimbursement of costs and expenses provided for below. The Administrator and such others shall for all purposes herein be deemed to be independent contractors and shall, unless otherwise expressly provided or authorized herein, have no authority to act for or represent the Company in any way or otherwise be deemed agents of the Company.
Appears in 1 contract
Samples: Administration Agreement (Redwood Enhanced Income Corp.)
Employment of Administrator. The Company Corporation hereby employs the Administrator to act as a manager and administrator of the Companyeach Fund, and to furnish, or arrange for others affiliates to furnish, the management and administrative services, personnel and facilities services described below, subject to review by and the overall control of the Board of Directors of the Company (the “Board”)Directors, for the period and on the terms and conditions set forth in this Agreement. The Administrator hereby accepts such employment and agrees during such period period, at its own expense, to render, or arrange for the rendering of, such services and to assume the obligations herein set forth subject to for the reimbursement of costs and expenses compensation provided for belowherein. The Administrator and such others its affiliates shall for all purposes herein be deemed to be independent contractors and shall, unless otherwise expressly provided or authorized hereinauthorized, have no authority to act for or represent the Company Corporation or any Fund in any way or otherwise be deemed agents of the CompanyCorporation or any Fund.
Appears in 1 contract
Employment of Administrator. The Company Corporation hereby employs the Administrator to act as a manager and administrator of the CompanyFund, and to furnish, or arrange for others affiliates to furnish, the management and administrative services, personnel and facilities services described below, subject to review by and the overall control of the Board of Directors of the Company (the “Board”)Directors, for the period and on the terms and conditions set forth in this Agreement. The Administrator hereby accepts such employment and agrees during such period period, at its own expense, to render, or arrange for the rendering of, such services and to assume the obligations herein set forth subject to for the reimbursement of costs and expenses compensation provided for belowherein. The Administrator and such others its affiliates shall for all purposes herein be deemed to be independent contractors and shall, unless otherwise expressly provided or authorized hereinauthorized, have no authority to act for or represent the Company Corporation or the Fund in any way or otherwise be deemed agents of the CompanyCorporation or the Fund.
Appears in 1 contract
Samples: Administration Agreement (Mercury Asset Management Funds Inc)
Employment of Administrator. The Company hereby employs the Administrator to act as administrator of the Company, and to furnish, or arrange for others to furnish, the administrative services, services and personnel and facilities described below, subject to review by and the overall control of the Board board of Directors directors of the Company (the “BoardBoard of Directors”), for the period and on the terms and conditions set forth in this Agreement. The Administrator hereby accepts such employment and agrees during such period to render, or arrange for the rendering of, such services and to assume the obligations herein set forth subject to the reimbursement of costs and expenses provided for below. The Administrator and such others shall for all purposes herein be deemed to be independent contractors and shall, unless otherwise expressly provided or authorized herein, have no authority to act for or represent the Company in any way or otherwise be deemed agents of the Company.
Appears in 1 contract
Samples: Form of Administration Agreement (Greenbacker Renewable Energy Co LLC)
Employment of Administrator. The Company hereby employs the Administrator to act as administrator of the Company, and to furnish, or arrange for others to furnish, the administrative services, personnel and facilities described below, subject to review by and the overall control of the Board board of Directors directors of the Company (the “Board”), for the period and on the terms and conditions set forth in this Agreement. The Administrator hereby accepts such employment and agrees during such period to render, or arrange for the rendering of, such services and to assume the obligations herein set forth subject to the reimbursement of costs and expenses provided for below. The Administrator and such others shall for all purposes herein be deemed to be independent contractors and shall, unless otherwise expressly provided or authorized herein, have no authority to act for or represent the Company in any way or otherwise be deemed agents of the Company.
Appears in 1 contract