Common use of Merger, Conversion, Consolidation or Succession to Business of the Loan Agent Clause in Contracts

Merger, Conversion, Consolidation or Succession to Business of the Loan Agent. Any entity into which the Loan Agent may be merged or converted or with which it may be consolidated, or any entity resulting from any merger, conversion or consolidation to which the Loan Agent shall be a party, or any entity succeeding to all or substantially all of the corporate trust business of the Loan Agent, shall be the Successor Agent hereunder; provided that such entity shall be otherwise qualified and eligible under this Article VI, without the execution or filing of any document or any further act on the part of any of the parties hereto; provided, further, that the Loan Agent shall give notice thereof to the Borrower, the Collateral Manager, each Lender, and the Rating Agency.

Appears in 5 contracts

Samples: Loan Agreement (Blue Owl Credit Income Corp.), Loan Agreement (Blue Owl Credit Income Corp.), Loan Agreement (Blue Owl Capital Corp III)

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Merger, Conversion, Consolidation or Succession to Business of the Loan Agent. Any entity into which the Loan Agent may be merged or converted or with which it may be consolidated, or any entity resulting from any merger, conversion or consolidation to which the Loan Agent shall be a party, or any entity succeeding to all or substantially all of the corporate trust business of the Loan Agent, shall be the Successor Agent hereunder; provided that such entity shall be otherwise qualified and eligible under this Article VI, without the execution or filing of any document or any further act on the part of any of the parties hereto; provided, further, that the Loan Agent shall give notice thereof to each of the BorrowerCo-Borrowers, the Collateral Manager, each Lender, and the Rating AgencyAgencies.

Appears in 2 contracts

Samples: Credit Agreement (Barings Private Credit Corp), Credit Agreement (Barings Private Credit Corp)

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