Common use of Obligor Defaults and Bankruptcy Events Clause in Contracts

Obligor Defaults and Bankruptcy Events. The Borrower shall give, or shall cause the Collateral Manager to give, notice to the Administrative Agent and the Lender Agents within two (2) Business Days of the Borrower’s, the Seller’s or any Borrower Advisor’s actual knowledge of the occurrence of any default by an Obligor under any Loan or any Bankruptcy Event with respect to any Obligor under any Loan.

Appears in 4 contracts

Samples: Loan and Servicing Agreement (FS Investment Corp II), Loan and Servicing Agreement (FS Energy & Power Fund), Loan and Servicing Agreement (FS Investment Corp II)

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Obligor Defaults and Bankruptcy Events. The Borrower shall give, or shall cause the Collateral Manager Servicer to give, notice to the Administrative Agent and the Lender Agents Lenders (with a copy to the Collateral Agent) within two (2) Business Days of the Borrower’s, the Seller’s or any Borrower Advisor’s its actual knowledge of the occurrence of any default by an Obligor under any Loan Asset or any Bankruptcy Event with respect to any Obligor under any LoanLoan Asset.

Appears in 3 contracts

Samples: Loan and Servicing Agreement (Franklin BSP Capital Corp), Loan and Servicing Agreement (Franklin BSP Capital Corp), Loan and Servicing Agreement (Franklin BSP Capital Corp)

Obligor Defaults and Bankruptcy Events. The Borrower shall give, or shall cause the Collateral Manager Servicer to give, notice to the Administrative Agent and the Lender Agents within two (2) Business Days of the Borrower’s, the SellerTransferor’s or any Borrower Advisorthe Servicer’s actual knowledge of the occurrence of any default by an Obligor under any Loan Asset or any Bankruptcy Event with respect to any Obligor under any LoanLoan Asset.

Appears in 3 contracts

Samples: Loan and Servicing Agreement (Ares Capital Corp), Loan and Servicing Agreement (Ares Capital Corp), Loan and Servicing Agreement (Ares Capital Corp)

Obligor Defaults and Bankruptcy Events. The Borrower shall give, or shall cause the Collateral Manager Servicer to give, notice to the Administrative Agent and the Lender Agents Lenders within two (2) Business Days of the Borrower’s, the Seller’s or any Borrower Advisor’s actual knowledge of the occurrence of any default by an Obligor under any Loan Asset or any Bankruptcy Event with respect to any Obligor under any LoanLoan Asset.

Appears in 2 contracts

Samples: Loan and Servicing Agreement (Overland Advantage), Loan and Servicing Agreement (Owl Rock Capital Corp)

Obligor Defaults and Bankruptcy Events. The Borrower shall give, or shall cause the Collateral Manager to give, notice to the Administrative Agent and the Lender Agents within two (2) Business Days of the Borrower’s, the SellerFund’s or any Borrower Advisorthe Manager’s actual knowledge of the occurrence of any default by an Obligor Value Adjustment Event under any Loan Asset or any Bankruptcy Event with respect to any Obligor under any LoanLoan Asset.

Appears in 1 contract

Samples: Loan and Security Agreement (Stepstone Private Credit Fund LLC)

Obligor Defaults and Bankruptcy Events. The Borrower shall give, or shall cause the Collateral Manager to give, notice to the Administrative Agent and the Lender Agents within two (2) Business Days of the Borrower’s, the Seller’s or any Borrower Advisor’s actual knowledge of the occurrence of any default by an Obligor under any Loan or any Bankruptcy Event with respect to any Obligor under any Loan.

Appears in 1 contract

Samples: Loan and Security Agreement (FS Investment Corp III)

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Obligor Defaults and Bankruptcy Events. The Borrower It shall give, or shall cause the Collateral Manager to give, notice to the Administrative Agent and the Lender Agents Lenders within two (2) Business Days of the Borrower’s, the Seller’s or any Borrower Advisor’s its actual knowledge of the occurrence of any payment default by an Obligor ‑127‑ under any Loan Collateral Obligation or any Bankruptcy Event with respect to any Obligor under any LoanCollateral Obligation.

Appears in 1 contract

Samples: Loan and Servicing Agreement (MSD Investment Corp.)

Obligor Defaults and Bankruptcy Events. The Borrower shall give, or shall cause the Collateral Portfolio Manager to give, notice to the Administrative Agent and the Lender Agents Lenders within two (2) Business Days of the Borrower’s, the Seller’s or any Borrower Advisor’s actual obtaining knowledge of the occurrence of any default by an Obligor under any Loan Asset or any Bankruptcy Event with respect to any Obligor under any LoanLoan Asset.

Appears in 1 contract

Samples: Loan and Servicing Agreement (CION Investment Corp)

Obligor Defaults and Bankruptcy Events. The Borrower shall give, or shall cause the Collateral Manager to give, notice to the Administrative Agent and the Lender Agents within two (2) Business Days of the Borrower’s, or the Seller’s or any Borrower AdvisorCollateral Manager’s actual knowledge of the occurrence of any payment default by an Obligor under any Loan Asset or any Bankruptcy Event with respect to any Obligor under any LoanLoan Asset.

Appears in 1 contract

Samples: Loan and Security Agreement (FS Investment CORP)

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