Common use of Obligor Notification Forms Clause in Contracts

Obligor Notification Forms. The Borrower shall furnish the Trustee and the Agent with an appropriate power of attorney to send (at the Agent’s discretion on the Trustee’s behalf, after the occurrence or declaration of the Facility Maturity Date but subject to the proviso in Section 7.02(a)) Obligor notification forms to give notice to the Obligors of the Trustee’s interest in the Collateral Portfolio and the obligation to make payments as directed by the Agent on the Trustee’s behalf.

Appears in 10 contracts

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

AutoNDA by SimpleDocs

Obligor Notification Forms. The Borrower shall furnish the Trustee and the Agent with an appropriate power of attorney to send (at the Agent’s discretion on direction of the Trustee’s behalf, Administrative Agent after the occurrence or declaration and during the continuance of the Facility Maturity Date but subject to the proviso in Section 7.02(a)an Event of Default) Obligor notification forms to give notice to the Obligors and/or any appropriate agent with respect to any Agented Loan of the Trustee’s interest in the Collateral Portfolio for the benefit of the Secured Parties and the obligation to make payments as directed by the Agent on Trustee acting at the Trustee’s behalfdirection of the Administrative Agent.

Appears in 1 contract

Samples: Loan and Servicing Agreement (NewStar Financial, Inc.)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!