Instructions to Agents and Obligors. The Seller has directed the agent or administrative agent for any Loan Asset to remit all payments and collections with respect to such Loan Asset, and, if applicable, has directed the Obligor with respect to such Loan Asset to remit all such payments and collections with respect to such Loan Asset, directly to the Collection Account.
Appears in 2 contracts
Samples: Omnibus Amendment (Ares Capital Corp), Purchase and Sale Agreement (Ares Capital Corp)
Instructions to Agents and Obligors. The Seller has directed the agent or administrative agent for any Loan Asset to remit all payments and collections with respect to such Loan AssetLoan, and, if applicable, has directed the Obligor with respect to such Loan Asset to remit all such payments and collections with respect to such Loan AssetLoan, directly to the Collection Account.
Appears in 2 contracts
Samples: Loan Sale Agreement (Oaktree Specialty Lending Corp), Loan Sale Agreement (Fifth Street Senior Floating Rate Corp.)
