Common use of Extension or Amendment of Loans Clause in Contracts

Extension or Amendment of Loans. The Borrower will not, unless so directed by the Collateral Manager in accordance with the Management Agreement, extend, amend or otherwise modify the terms of any Loan (including the related Underlying Collateral).

Appears in 5 contracts

Samples: Loan and Servicing Agreement (FS Investment Corp II), Loan and Security Agreement (FS Investment Corp III), Loan and Servicing Agreement (FS Energy & Power Fund)

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Extension or Amendment of Loans. The Borrower will not, unless so directed by except as otherwise permitted in the Collateral Manager Servicing Agreement and in accordance with the Management AgreementServicer Standard, extend, amend or otherwise modify the terms of any Loan (including the related Underlying Collateral), other than any Loan having an Adjusted Borrowing Value of zero.

Appears in 2 contracts

Samples: Loan and Servicing Agreement (FS KKR Capital Corp), Loan and Servicing Agreement (FS Investment Corp II)

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