Payments to Collection Account. On or before the applicable Funding Date, the Borrower or the Collateral Manager, as applicable, shall have instructed all Obligors and paying agents to make all payments owing to the Borrower in respect of the Collateral directly to the Collection Account in accordance with Section 2.9.
Appears in 12 contracts
Samples: Loan and Security Agreement (Palmer Square Capital BDC Inc.), Loan and Security Agreement (Palmer Square Capital BDC Inc.), Loan and Security Agreement (Nuveen Churchill Direct Lending Corp.)
Payments to Collection Account. On or before the applicable Funding Date, the Borrower or the Collateral Manager, as applicable, Manager shall have instructed all Obligors and paying and/or any relevant administrative agents to make all payments owing to the Borrower in respect of the Collateral directly to the Collection Account in accordance with Section 2.92.9 hereof.
Appears in 3 contracts
Samples: Assignment and Assumption Agreement (AG Twin Brook Capital Income Fund), Assignment and Assumption Agreement (AGTB Private BDC), And Collateral Management Agreement (First Eagle Credit Opportunities Fund)
Payments to Collection Account. On or before the applicable Funding Date, with respect to any Loan being acquired by the Borrower or on such Funding Date, the Collateral Manager, as applicable, Manager shall have instructed all Obligors and paying agents to make all payments owing to the Borrower in respect of the Collateral directly to the Collection Account; provided that the Collateral Manager will promptly (and no later than two (2) Business Days) transfer to the Collection Account (in accordance with Section 2.92.10) any payments received by it directly from any Obligor.
Appears in 2 contracts
Samples: Loan and Servicing Agreement (Franklin BSP Lending Corp), Loan and Servicing Agreement (Business Development Corp of America)
Payments to Collection Account. On or before the applicable Funding Date, the Borrower or the Collateral Manager, as applicable, Manager shall have instructed all Obligors and paying and/or any relevant administrative agents to make all payments owing to the Borrower in respect of the Collateral directly to the Collection Account in accordance with Section 2.95.1(f) hereof.
Appears in 1 contract
Samples: Security and Collateral Management Agreement (Phillip Street Middle Market Lending Fund LLC)
Payments to Collection Account. On or before the applicable Funding Date, the Borrower or the Collateral Manager, as applicable, shall have instructed all Obligors and paying agents to make all payments owing to the Borrower in respect of the Collateral directly to the Collection Account in accordance with Section 2.9.. (d)
Appears in 1 contract
Samples: Loan and Security Agreement (Nuveen Churchill Direct Lending Corp.)
