Common use of Optional Repurchases or Substitution of Collateral Obligations Clause in Contracts

Optional Repurchases or Substitution of Collateral Obligations. (a) The Seller shall have the right, but not the obligation, to substitute or repurchase from the Buyer certain Collateral Obligations sold or substituted by the Issuer as provided in Article XII of the Indenture and subject to the limitations therein and other applicable provisions set forth in Article XII of the Indenture.

Appears in 3 contracts

Samples: Loan Sale and Contribution Agreement (Monroe Capital Income Plus Corp), Loan Sale and Contribution Agreement (Monroe Capital Income Plus Corp), Loan Sale and Contribution Agreement (Monroe Capital Income Plus Corp)

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Optional Repurchases or Substitution of Collateral Obligations. (a) The Seller shall have the right, but not the obligation, to substitute or repurchase from the Buyer Depositor, which the Depositor shall substitute or repurchase from the Buyer, certain Collateral Obligations sold or substituted by the Issuer as provided in Article XII Section 12.3 of the Indenture and subject to the limitations therein Repurchase and Substitution Limit and the other applicable provisions set forth in Article XII Section 12.3 and Section 12.4 of the Indenture.

Appears in 1 contract

Samples: Loan Sale and Contribution Agreement (AB Private Credit Investors Corp)

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