Initial Deposits. On the initial Funding Date with respect to any Loan, the Collateral Manager will deposit or cause to be deposited into the Collection Account all Collections received in respect of such Loan on such initial Funding Date. The Borrower shall confirm to the Administrative Agent in writing when it has provided each such payment instruction.
Appears in 15 contracts
Samples: Loan and Security Agreement (Kayne Anderson BDC, Inc.), Loan and Security Agreement (Palmer Square Capital BDC Inc.), Loan and Security Agreement (Kayne Anderson BDC, Inc.)
Initial Deposits. On the initial Funding Date with respect to any Loan, the Collateral Manager will deposit or cause to be deposited into the Collection Account all Collections Collections, if any, received on or before such Funding Date in respect of such Loan Loans being transferred to and included as part of the Collateral on such initial Funding Date. The Borrower shall confirm to the Administrative Agent in writing when it has provided each such payment instructiondate.
Appears in 6 contracts
Samples: Loan, Security and Collateral Management Agreement (Willow Tree Capital Corp), Loan, Security and Collateral Management Agreement (AG Twin Brook Capital Income Fund), Loan and Security Agreement (Cim Real Estate Finance Trust, Inc.)
Initial Deposits. On Commencing on the initial Funding Date with respect to any Loan, the Collateral Manager will deposit or cause to be deposited into the applicable Collection Account all Collections received in respect of such Loan on and after such initial Funding Date. The Borrower shall confirm to the Administrative Agent in writing when it has provided each such payment instruction.
Appears in 2 contracts
Samples: Loan and Security Agreement (Stepstone Private Credit Fund LLC), Loan and Security Agreement (Stepstone Private Credit Fund LLC)
Initial Deposits. On the initial Funding Date with respect to any LoanPortfolio Investment, the Collateral Manager will deposit or cause to be deposited into the Collection Account all Collections received in respect of such Loan Portfolio Investment on such initial Funding Date. The Borrower shall confirm to the Administrative Agent in writing when it has provided each such payment instruction.
Appears in 1 contract
Samples: Loan and Security Agreement (Kayne Anderson BDC, Inc.)
Initial Deposits. On the initial Funding Date with respect to any Loan, the Collateral Manager will deposit or cause to be deposited into the Collection Account all Collections received in respect of such Loan on such initial Funding Date. The Borrower shall confirm to the Administrative Agent in writing when it has provided each such payment instruction.. USActive 57310676.6USActive 60324964.3
Appears in 1 contract
Samples: Loan and Security Agreement (Nuveen Churchill Direct Lending Corp.)
