Initial Collateral Manager Sample Clauses
The Initial Collateral Manager clause designates the party responsible for managing the collateral assets at the outset of a financial transaction or securitization. This clause typically identifies the entity by name and outlines its authority to oversee, invest, and administer the collateral according to the agreement's terms. By clearly establishing who holds these responsibilities from the beginning, the clause ensures operational clarity and accountability, reducing the risk of disputes or confusion regarding collateral management.
Initial Collateral Manager. The servicing, administering and collection of the Collateral shall be conducted in accordance with this Section 11.01 by the Person designated as the Collateral Manager hereunder. PennantPark Investment Advisors LLC is hereby appointed as, and hereby accepts such appointment and agrees to perform the duties and responsibilities, of Collateral Manager pursuant to the terms hereof. The Collateral Manager and the Borrower hereby acknowledge that each of the Secured Parties are third party beneficiaries of the obligations taken by the Collateral Manager hereunder.
Initial Collateral Manager. The servicing, administering and collection of the Collateral shall be conducted in accordance with this Section 11.01 by the Person designated as the Collateral Manager hereunder. Monroe Capital Income Plus Corporation is hereby appointed as, and hereby accepts such appointment and agrees to perform the duties and responsibilities, of Collateral Manager pursuant to the terms hereof. The Collateral Manager and the Borrower hereby acknowledge that each of the Secured Parties are third party beneficiaries of the obligations taken by the Collateral Manager hereunder.
Initial Collateral Manager. The Borrower hereby appoints HPS Corporate Lending Fund, pursuant to the terms and conditions of this Agreement, as Collateral Manager, with the authority to service, administer and exercise rights and remedies, on behalf of the Borrower, in respect of the Collateral. HPS Corporate Lending Fund hereby accepts such appointment and agrees to perform the duties and responsibilities of the Collateral Manager pursuant to the terms hereof. The Collateral Manager and the Borrower hereby acknowledge that the Administrative Agent and the Secured Parties are third party beneficiaries of the obligations undertaken by the Collateral Manager hereunder.
Initial Collateral Manager. The servicing, administering and collection of the Collateral shall be conducted by the Collateral Manager. Saratoga Investment Corp. is ▇▇▇▇▇▇ appointed as, and ▇▇▇▇▇▇ accepts such appointment and agrees to perform the duties and responsibilities, of Collateral Manager pursuant to the terms hereof.
Initial Collateral Manager. The servicing, administering and collection of the Collateral shall be conducted by the collateral manager in accordance with the Facility Documents (such Person, the “Collateral Manager”). LGAM Private Credit LLC is hereby appointed as, and ▇▇▇▇▇▇ accepts such appointment and agrees to perform the duties and responsibilities, of Collateral Manager pursuant to the terms hereof.
Initial Collateral Manager. The servicing, administering and collection of the Collateral shall be conducted by the Person designated as the Collateral Manager hereunder in accordance with this Section 14.01, (such Person, the “Collateral Manager”). CION Investment Management, LLC is hereby appointed as, and hereby accepts such appointment and agrees to perform the duties and responsibilities, of Collateral Manager pursuant to the terms hereof.
Initial Collateral Manager. The servicing, administering and collection of the Collateral shall be conducted by the collateral manager in accordance with the Facility Documents (such Person, the “Collateral Manager”). Blue Owl Credit Income Corp. is hereby appointed as, and ▇▇▇▇▇▇ accepts such appointment and agrees to perform the duties and responsibilities, of Collateral Manager pursuant to the terms hereof.
Initial Collateral Manager. The servicing, administering and collection of the Collateral shall be conducted by the collateral manager in accordance with the Facility Documents (such Person, the “Collateral Manager”). Diameter Credit Company is hereby appointed as, and ▇▇▇▇▇▇ accepts such appointment and agrees to perform the duties and responsibilities, of ▇▇▇▇▇▇▇▇▇▇ Manager pursuant to the terms hereof.
Initial Collateral Manager. The servicing, administering and collection of the Collateral shall be conducted in accordance with this Section 11.01 by the Person designated as the Collateral Manager hereunder. Main Street is hereby appointed as, and hereby accepts such appointment and (until the Administrative Agent gives Main Street a Collateral Manager Termination Notice) agrees to perform the duties and responsibilities, of Collateral Manager pursuant to the terms hereof. The Collateral Manager and the Borrower hereby acknowledge that each of the Secured Parties are third party beneficiaries of the obligations taken by the Collateral Manager hereunder.
Initial Collateral Manager. The servicing, administering and collection of the Collateral shall be conducted by the collateral manager in accordance with the Facility Documents (such Person, the “Collateral Manager”). Apollo Debt Solutions BDC is hereby appointed as, and hereby accepts such appointment and agrees to perform the duties and responsibilities, of Collateral Manager pursuant to the terms hereof.