Common use of Excluded Amounts Clause in Contracts

Excluded Amounts. With the prior written consent of the Administrative Agent, the Collateral Administrator may withdraw from the Collection Account any deposits thereto constituting Excluded Amounts if the Collateral Administrator has, prior to such withdrawal and consent, delivered to the Administrative Agent and each Lender a report setting forth the calculation of such Excluded Amounts in form and substance reasonably satisfactory to the Administrative Agent and each Lender.

Appears in 2 contracts

Samples: Loan and Security Agreement (New Mountain Finance Corp), Loan and Security Agreement (New Mountain Finance Corp)

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Excluded Amounts. With the prior written consent of the Administrative Agent, the Collateral Administrator Manager may withdraw from the Collection Account any deposits thereto constituting Excluded Amounts if the Collateral Administrator Manager has, prior to such withdrawal and consent, delivered to the Administrative Agent and each Lender a report setting forth the calculation of such Excluded Amounts in form and substance reasonably satisfactory to the Administrative Agent and each Lender.. (c)

Appears in 2 contracts

Samples: Loan and Security Agreement (New Mountain Guardian IV BDC, L.L.C.), Loan and Security Agreement (New Mountain Guardian IV BDC, L.L.C.)

Excluded Amounts. With the prior written consent of the Administrative Agent, the Collateral Administrator Manager may withdraw from the Collection Account any deposits thereto constituting Excluded Amounts if the Collateral Administrator Manager has, prior to such withdrawal and consent, delivered to the Administrative Agent and each Lender a report setting forth the calculation of such Excluded Amounts in form and substance reasonably satisfactory to the Administrative Agent and each Lender.

Appears in 2 contracts

Samples: Loan and Servicing Agreement (Franklin BSP Lending Corp), Loan and Servicing Agreement (Business Development Corp of America)

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Excluded Amounts. With the prior written consent of the Administrative Agent, the Collateral Administrator Manager may withdraw from the Collection Account any deposits thereto constituting Excluded Amounts if the Collateral Administrator Manager has, prior to such withdrawal and consent, delivered to the Administrative Agent and (which shall promptly deliver a copy thereof to each Lender Lender) a report setting forth the calculation of such Excluded Amounts in form and substance reasonably satisfactory to the Administrative Agent and each Lender.Agent. (c)

Appears in 1 contract

Samples: Loan and Security Agreement (New Mountain Finance Corp)

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