Common use of Non-Cash Receipts Clause in Contracts

Non-Cash Receipts. If, in connection with any Portfolio Investment, the Financing Provider receives any asset or property other than cash, such asset or property will be transferred and assigned on the Facility Sale Settlement Date in respect thereof, free and clear of all liens and encumbrances, to the Applicable Purchaser (and in the name of the Applicable Purchaser).

Appears in 6 contracts

Samples: Facility Agreement (Apollo Debt Solutions BDC), Facility Agreement (Apollo Debt Solutions BDC), Facility Agreement (Blackstone Private Credit Fund)

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