Limitation on Release. During the occurrence and continuance of an Event of Default, the foregoing clause (a) with respect to the release to the Servicer of the Required Loan Documents by the Document Custodian upon request by the Servicer shall be operative only to the extent that the Controlling Parties have consented to such release. Promptly after delivery to the Document Custodian of any request for release of documents, the Servicer shall provide notice of the same to the Controlling Parties.
Appears in 4 contracts
Sources: Credit Agreement (Ares Strategic Income Fund), Credit Agreement (Ares Strategic Income Fund), Credit Agreement (Ares Strategic Income Fund)
Limitation on Release. During the occurrence and continuance of an Event of Default, the foregoing clause (a) provision with respect to the release to the Servicer of the Required Loan Documents and documents by the Document Custodian upon request by the Servicer shall be operative only to the extent that the Controlling Parties Administrative Agent have consented to such release. Promptly after delivery to the Document Custodian of any request for release of documents, the Servicer shall provide notice of the same to the Controlling PartiesAdministrative Agent.
Appears in 4 contracts
Sources: Loan, Security and Servicing Agreement (Monroe Capital Income Plus Corp), Loan, Security and Servicing Agreement (Monroe Capital Income Plus Corp), Loan, Security and Servicing Agreement (Monroe Capital Income Plus Corp)