Common use of Initial Collateral Manager Clause in Contracts

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 xxxxxx accepts such appointment and agrees to perform the duties and responsibilities, of Collateral Manager pursuant to the terms hereof.

Appears in 3 contracts

Samples: Credit and Security Agreement (LGAM Private Credit LLC), Credit and Security Agreement (LGAM Private Credit LLC), Credit and Security Agreement (LGAM Private Credit LLC)

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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 Diameter Credit LLC Company is hereby appointed as, and xxxxxx accepts such appointment and agrees to perform the duties and responsibilities, of Collateral Xxxxxxxxxx Manager pursuant to the terms hereof.

Appears in 2 contracts

Samples: Credit and Security Agreement (Diameter Credit Co), Credit and Security Agreement (Diameter Credit Co)

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