Exchange of Defaulted Obligations. Notwithstanding the provisions set forth under Section 12.1(d), at any time, the Collateral Manager may instruct the Trustee in writing to exchange a Defaulted Obligation for (i) another Defaulted Obligation (an “Exchanged Defaulted Obligation”) or (ii) an Exchanged Equity Security, for so long as at the time of or in connection with such exchange:
Appears in 3 contracts
Samples: Indenture (FS Investment Corp II), Indenture (FS Investment CORP), FS Investment Corp II
Exchange of Defaulted Obligations. Notwithstanding the provisions set forth under Section 12.1(d12.1(c), at any time, the Collateral Manager may instruct the Trustee in writing to exchange a Defaulted Obligation for (i) another Defaulted Obligation (an “Exchanged Defaulted Obligation”) or (ii) an Exchanged Equity Security, for so long as at the time of or in connection with such exchange:
Appears in 1 contract
Samples: FS Investment CORP
