Common use of Organization; Power and Authority Clause in Contracts

Organization; Power and Authority. It is a duly organized and validly existing national banking association in good standing under the laws of the United States. It has full corporate power, authority and legal right to execute, deliver and perform its obligations as Collateral Custodian under this Agreement.

Appears in 100 contracts

Samples: Loan and Servicing Agreement (HPS Corporate Lending Fund), Loan and Servicing Agreement (Diameter Credit Co), Loan and Servicing Agreement (First Eagle Private Credit Fund)

AutoNDA by SimpleDocs

Organization; Power and Authority. It is a duly organized and validly existing national banking association in good standing under the laws of the United States. It has full corporate power, authority and legal right to execute, deliver and perform its obligations as Collateral Custodian Agent under this Agreement.

Appears in 67 contracts

Samples: Loan and Security Agreement (Stepstone Private Credit Fund LLC), Loan and Servicing Agreement (HPS Corporate Lending Fund), Loan and Servicing Agreement (Diameter Credit Co)

Organization; Power and Authority. It is a duly organized and validly existing national banking association in good standing under the laws of the United States. It has full corporate power, authority and legal right to execute, deliver and perform its obligations as Collateral Custodian Backup Servicer under this Agreement.

Appears in 22 contracts

Samples: Loan and Servicing Agreement (SLR Investment Corp.), Loan and Servicing Agreement (SLR Investment Corp.), Loan and Servicing Agreement (SLR Senior Investment Corp.)

Organization; Power and Authority. It is a duly organized and validly existing national banking association in good standing under the laws of the United States. It has full corporate power, authority and legal right to execute, deliver and perform its obligations as Collateral Custodian Trustee under this Agreement.

Appears in 16 contracts

Samples: Loan and Servicing Agreement (Ares Capital Corp), Loan and Servicing Agreement (Ares Capital Corp), Revolving Credit Agreement (NewStar Financial, Inc.)

Organization; Power and Authority. It is a duly organized and validly existing national banking association in good standing under the laws of the United States. It has full corporate power, authority and legal right to execute, deliver and perform its obligations as Collateral Custodian under this Agreement.

Appears in 10 contracts

Samples: Credit and Security Agreement (Logan Ridge Finance Corp.), Revolving Credit and Security Agreement (PennantPark Floating Rate Capital Ltd.), Credit and Security Agreement (Logan Ridge Finance Corp.)

Organization; Power and Authority. It is a duly organized and validly existing as a national banking association in good standing under the laws of the United States. It has full corporate power, authority and legal right to execute, deliver and perform its obligations as Collateral Custodian under this AgreementAgreement and the other Transaction Documents to which it is a party.

Appears in 9 contracts

Samples: Loan and Servicing Agreement (Carlyle Credit Solutions, Inc.), Loan and Servicing Agreement (Carlyle Credit Solutions, Inc.), Loan and Servicing Agreement (KKR Real Estate Finance Trust Inc.)

Organization; Power and Authority. It is a duly organized and validly existing limited purpose national banking association with trust powers in good standing under the laws of the United States. It has full corporate power, authority and legal right to execute, deliver and perform its obligations as Collateral Custodian Agent under this Agreement.

Appears in 7 contracts

Samples: Loan and Servicing Agreement (AG Twin Brook Capital Income Fund), Loan and Servicing Agreement (MSD Investment Corp.), Loan and Servicing Agreement (AGTB Private BDC)

Organization; Power and Authority. It is a duly organized and validly existing national banking association in good standing under the laws of the United States. It has full corporate power, authority and legal right to execute, deliver and perform its obligations as Collateral Custodian under this Agreement.

Appears in 6 contracts

Samples: Credit Agreement (Trinity Capital Inc.), Credit Agreement (Trinity Capital Inc.), Credit Agreement (Trinity Capital Inc.)

Organization; Power and Authority. It is a duly organized and validly existing national banking association in good standing under the laws of the United States. It has full corporate power, authority and legal right to execute, deliver and perform its obligations as Collateral Custodian under this Agreement.

Appears in 6 contracts

Samples: Revolving Credit Agreement (CLST Holdings, Inc.), Credit Agreement (CLST Holdings, Inc.), Credit Agreement (CLST Holdings, Inc.)

Organization; Power and Authority. It is a duly organized and validly existing national banking association corporation in good standing under the laws of the United States. It has full State of New York, with all requisite corporate power, power and authority and legal right to execute, deliver and perform its obligations as Collateral Custodian Agent under this Agreement.

Appears in 6 contracts

Samples: Loan and Security Agreement (Oaktree Specialty Lending Corp), Loan and Security Agreement (Oaktree Specialty Lending Corp), Loan and Security Agreement (Oaktree Specialty Lending Corp)

Organization; Power and Authority. It is a duly organized and validly existing national banking association in good standing under the laws of the United States. It has full corporate power, authority and legal right to execute, deliver and perform its obligations as Collateral Document Custodian under this Agreement.

Appears in 6 contracts

Samples: Credit and Security Agreement (Monroe Capital Income Plus Corp), Credit and Security Agreement (Monroe Capital Income Plus Corp), Revolving Credit and Security Agreement (Monroe Capital Income Plus Corp)

Organization; Power and Authority. It is a duly organized and validly existing limited purpose national banking association with trust powers in good standing under the laws of the United States. It has full corporate power, authority and legal right to execute, deliver and perform its obligations as Collateral Custodian under this Agreement.

Appears in 5 contracts

Samples: Loan and Servicing Agreement (AG Twin Brook Capital Income Fund), Loan and Servicing Agreement (MSD Investment Corp.), Loan and Servicing Agreement (AGTB Private BDC)

Organization; Power and Authority. It is a duly organized and validly existing national banking association in good standing under the laws of the United States. It has full corporate power, authority and legal right to execute, deliver and perform its obligations as Collateral Custodian Agent under this Agreement.. (b)

Appears in 4 contracts

Samples: Loan and Security Agreement (New Mountain Guardian IV BDC, L.L.C.), Loan and Servicing Agreement (KKR Enhanced US Direct Lending Fund-L Inc.), Loan and Servicing Agreement (KKR Enhanced US Direct Lending Fund-L Inc.)

Organization; Power and Authority. It is a duly organized and validly existing national banking association in good standing under the laws of the United States. It has full corporate requisite power, authority and legal right to execute, deliver and perform its obligations as Collateral Custodian under this Agreement.

Appears in 4 contracts

Samples: Loan and Security Agreement (KKR FS Income Trust), Assignment and Assumption Agreement (AG Twin Brook Capital Income Fund), Loan and Security Agreement (KKR FS Income Trust)

Organization; Power and Authority. It is a duly organized and validly existing as a national banking association in good standing under the laws of the United States. It has full corporate power, authority and legal right to execute, deliver and perform its obligations as Collateral Custodian Servicer under this AgreementAgreement and the other Transaction Documents to which it is a party.

Appears in 3 contracts

Samples: Loan and Servicing Agreement (KKR Real Estate Finance Trust Inc.), Loan and Servicing Agreement (KKR Real Estate Finance Trust Inc.), Loan and Servicing Agreement (KKR Real Estate Finance Trust Inc.)

Organization; Power and Authority. It is a duly organized and validly existing national banking association in good standing under the laws of the United States. It has full corporate power, authority and legal right to execute, deliver and perform its obligations as Collateral Custodian under this Agreement.. (b)

Appears in 3 contracts

Samples: Loan and Security Agreement (New Mountain Finance Corp), Loan and Security Agreement (New Mountain Finance Corp), Loan and Security Agreement (New Mountain Guardian IV BDC, L.L.C.)

Organization; Power and Authority. It is a duly organized and validly existing national banking association in good standing under the laws of the United States. It has full corporate power, authority and legal right to execute, deliver and perform its obligations as Collateral Custodian or Document Custodian, as applicable, under this Agreement.

Appears in 3 contracts

Samples: Loan and Security Agreement (Cim Real Estate Finance Trust, Inc.), Loan and Security Agreement (Cim Real Estate Finance Trust, Inc.), And Collateral Management Agreement (First Eagle Credit Opportunities Fund)

Organization; Power and Authority. It is a duly organized and validly existing national banking association in good standing under the laws Laws of the United States. It has full corporate power, authority and legal right to execute, deliver and perform its obligations as Collateral Custodian under this Agreement.

Appears in 2 contracts

Samples: Credit Agreement (Main Street Capital CORP), Credit and Security Agreement (Main Street Capital CORP)

Organization; Power and Authority. It is a duly organized and validly existing national banking association in good standing under the laws Laws of the United States. It has full corporate power, authority and legal right to execute, deliver and perform its obligations as Collateral Document Custodian under this Agreement.

Appears in 2 contracts

Samples: Credit Agreement (Main Street Capital CORP), Credit and Security Agreement (Main Street Capital CORP)

Organization; Power and Authority. It is a duly organized and validly existing as a national banking association in good standing under the laws of the United States. It has full corporate power, authority and legal right to execute, deliver and perform its obligations as Collateral Custodian under this AgreementAgreement and the other Transaction Documents to which it is a party.

Appears in 2 contracts

Samples: Loan and Servicing Agreement (Carlyle Secured Lending III), Loan and Servicing Agreement (Carlyle Secured Lending III)

AutoNDA by SimpleDocs

Organization; Power and Authority. It is a duly organized and validly existing national banking association in good standing under the laws of the United States. It has full corporate power, authority and legal right to execute, deliver and perform its obligations as Collateral Custodian under this Agreement and the Loan Agreement.

Appears in 2 contracts

Samples: Loan and Security Agreement (New Mountain Finance Corp), Safekeeping Agreement (New Mountain Finance Corp)

Organization; Power and Authority. It is a duly organized and validly existing limited purpose national banking association with trust powers in good standing under the laws of the United States. It has full corporate power, authority and legal right to execute, deliver and perform its obligations as Collateral Custodian under this Agreement.. USActive 55125247.5 109

Appears in 1 contract

Samples: Loan and Servicing Agreement (BlackRock TCP Capital Corp.)

Organization; Power and Authority. It is a duly organized and validly existing as a national banking association associationlimited liability company, in good standing under the laws of the United States. It has full corporate power, authority and legal right to execute, deliver and perform its obligations as Collateral Custodian Servicer under this Agreement.Agreement and the other Transaction Documents to which it is a party. (b)

Appears in 1 contract

Samples: Loan and Servicing Agreement (White Mountains Insurance Group LTD)

Organization; Power and Authority. It is a duly organized and validly existing national banking association in good standing under the laws of the United States. It has full corporate power, authority and legal right to execute, deliver and perform its obligations as Collateral Document Custodian under this Agreement.. (b)

Appears in 1 contract

Samples: Revolving Credit and Security Agreement (Monroe Capital Income Plus Corp)

Organization; Power and Authority. It is a duly organized and validly existing limited purpose national banking association with trust powers in good standing under the laws of the United States. It has full corporate power, USActive 55323723.3 authority and legal right to execute, deliver and perform its obligations as Collateral Custodian under this Agreement.

Appears in 1 contract

Samples: Loan and Servicing Agreement (BlackRock TCP Capital Corp.)

Organization; Power and Authority. It is a duly organized and validly existing as a national banking association in good standing under the laws of the United States. It has full corporate power, authority and legal right to execute, deliver and perform its obligations as Collateral Custodian Servicer under this Agreement.Agreement and the other Transaction Documents to which it is a party. (b)

Appears in 1 contract

Samples: Loan and Servicing Agreement (White Mountains Insurance Group LTD)

Organization; Power and Authority. It is a duly organized and validly existing national banking association in good standing under the laws of the United States. It has full corporate power, authority and legal right to execute, deliver and perform its obligations as the Collateral Custodian Agent under this Agreement.. 77

Appears in 1 contract

Samples: Loan and Security Agreement (FS Investment CORP)

Organization; Power and Authority. It is a duly organized and validly existing limited purpose national banking association with corporate trust powers in good -104- standing under the laws of the United States. It has full corporate power, authority and legal right to execute, deliver and perform its obligations as Collateral Custodian under this Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (North Haven Private Income Fund LLC)

Organization; Power and Authority. It is a duly organized and validly existing national banking association in good standing under the laws of the United States. It has full corporate corporaterequisite power, authority and legal right to execute, deliver and perform its obligations as Collateral Custodian under this Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (FS KKR Capital Corp)

Organization; Power and Authority. It is a duly organized and validly existing limited purpose national banking association with corporate trust powers in good standing under the laws of the United States. It has full corporate power, authority and legal right to execute, deliver and perform its obligations as Collateral Custodian under this Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (North Haven Private Income Fund LLC)

Organization; Power and Authority. It is a duly organized and validly existing national banking association in good standing under the laws of the United States. It has full corporate power, authority and legal right to execute, deliver and perform its obligations as Collateral the Custodian under this Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (FS Investment CORP)

Organization; Power and Authority. It is a duly organized and validly existing national banking association in good standing under the laws of the United States. It has USActive 52762757.1552762757.22 93 full corporate power, authority and legal right to execute, deliver and perform its obligations as Collateral Custodian Trustee under this Agreement.

Appears in 1 contract

Samples: Loan and Servicing Agreement (Ares Capital Corp)

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