Common use of Obligor Defaults and Bankruptcy Events Clause in Contracts

Obligor Defaults and Bankruptcy Events. The Borrower shall give, or shall cause the Servicer to give, notice to the Administrative Agent and the Lenders (with a copy to the Collateral Agent) promptly after the occurrence of any payment default or failure to deliver financials by an Obligor under any Loan Asset, any Bankruptcy Event with respect to any Obligor under any Loan Asset or any acceleration of the obligations owed by any Obligor under any Loan Asset.

Appears in 2 contracts

Samples: Loan and Servicing Agreement (HPS Corporate Lending Fund), Assignment and Acceptance (HPS Corporate Lending Fund)

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Obligor Defaults and Bankruptcy Events. The Borrower shall give, or shall cause the Servicer to give, notice to the Administrative Agent and the Lenders (with a copy to the Collateral Agent) promptly after the occurrence of any payment default or failure to deliver financials by an Obligor under any Loan Asset, or any Bankruptcy Event with respect to any Obligor under any Loan Asset or any acceleration of the obligations owed by any Obligor under any Loan AssetLoan.

Appears in 2 contracts

Samples: Loan and Servicing Agreement (FS KKR Capital Corp), 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 Servicer to give, notice to the Administrative Agent and the Lenders (with a copy to the Collateral Agent) promptly after the occurrence of any payment default or failure to deliver financials by an Obligor under any Loan Asset, Asset or any Bankruptcy Event with respect to any Obligor under any Loan Asset or any acceleration of the obligations owed by any Obligor under any Loan Asset.

Appears in 1 contract

Samples: Loan and Servicing Agreement (Apollo Debt Solutions BDC)

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