Common use of Release of Loan Files Clause in Contracts

Release of Loan Files. ACAS may, at any time during any Holding Period, upon written notice in substantially the form attached hereto as Exhibit D and in accordance with Section 1.01 above, require that the Custodian release to ACAS or its designee any or all of the Loan Files previously delivered by ACAS to the Custodian. Upon written notice (the “Termination Notice”) by ACAS to the Custodian to release all of the Loan Files and terminate this Agreement, this Agreement shall terminate (other than the Custodian’s rights to indemnification) upon Custodian’s release and ACAS’ receipt of all of the Loan Files.

Appears in 4 contracts

Samples: Custodian Agreement (American Capital, LTD), Custodian Agreement (American Capital, LTD), Custodian Agreement (American Capital, LTD)

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Release of Loan Files. ACAS may, at any time during any Holding Period, upon written notice in substantially the form attached hereto as Exhibit D request and in accordance with Section 1.01 above1.01, require that the Custodian release to ACAS or its designee any or all of the Loan Files previously delivered by ACAS and being held during such Holding Period to the Custodianit or its designee. Upon written notice (the “Termination Notice”) by ACAS to the Custodian to release all of the Loan Files and terminate this Agreement, this Agreement shall terminate (other than the Custodian’s rights to indemnification) upon Custodian’s release and ACAS’ receipt of all of the respective Loan Files.

Appears in 1 contract

Samples: Custodian Agreement (American Capital Strategies LTD)

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