Instructions to Agents and Obligors. The Seller has directed the agent or administrative agent for any Loan to remit all payments and collections with respect to such Loan, and, if applicable, has directed the Obligor with respect to such Loan to remit all such payments and collections with respect to such Loan, 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.)
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 LoanLoan 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 LoanLoan Asset, directly to the Collection Account.
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Ares Capital Corp), Purchase and Sale Agreement (Ares Capital Corp)
