Common use of Retention and Termination of the Servicer Clause in Contracts

Retention and Termination of the Servicer. The servicing, administering and collection of the Collateral Obligations shall be conducted by the Person designated as Servicer from time to time in accordance with this Section 7.1. Subject to early termination due to the occurrence of a Servicer Default or as otherwise provided below in this Article VII, the Borrower hereby designates the Equityholder, and the Equityholder hereby agrees to serve, as Servicer until the termination of this Agreement. The Servicer is not an agent of the Facility Agent, any Agent or any Lender.

Appears in 3 contracts

Samples: Loan Financing and Servicing Agreement (MSD Investment Corp.), Financing and Servicing Agreement (MSD Investment Corp.), Loan Financing and Servicing Agreement (MSD Investment Corp.)

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Retention and Termination of the Servicer. The servicing, administering and collection of the Collateral Obligations shall be conducted by the Person designated as Servicer from time to time in accordance with this Section 7.1. Subject to early termination due to the occurrence of a Servicer Default or as otherwise provided below in this Article VII, the Borrower hereby designates the Equityholder, and the Equityholder hereby agrees to serve, as Servicer until the termination of this Agreement. The For the avoidance of doubt, the Servicer is not an agent of the Facility Agent, any Administrative Agent or any Lender.

Appears in 3 contracts

Samples: Financing and Servicing Agreement (HMS Income Fund, Inc.), Loan Financing and Servicing Agreement (Business Development Corp of America), Loan Financing and Servicing Agreement (HMS Income Fund, Inc.)

Retention and Termination of the Servicer. The servicing, administering and collection of the Collateral Obligations shall be conducted by the Person designated as Servicer from time to time in accordance with this Section 7.1. Subject to early termination due to the occurrence of a Servicer Default or as otherwise provided below in this Article VII, the Borrower hereby designates the EquityholderOaktree Strategic Income Corporation, and the Equityholder Oaktree Strategic Income Corporation hereby agrees to serve, as Servicer until the termination of this Agreement. The For the avoidance of doubt, the Servicer is not an agent of the Facility Agent, any Agent or any Lender.

Appears in 2 contracts

Samples: Loan Financing and Servicing Agreement (Oaktree Specialty Lending Corp), Loan Financing and Servicing Agreement (Oaktree Strategic Income Corp)

Retention and Termination of the Servicer. The servicing, administering and collection of the Collateral Obligations shall be conducted by the Person designated as Servicer from time to time in accordance with this Section 7.1. Subject to early termination due to the occurrence of a Servicer Event of Default or as otherwise provided below in this Article VII, in each case subject to Section 13.3(b), the Borrower hereby designates the Equityholder, and the Equityholder hereby agrees to serve, as Servicer until the termination of this Agreement. The For the avoidance of doubt, the Servicer is not an agent a Lender Agent of the Facility Agent, any Agent Lender Agent, the Collateral Agent, the Collateral Administrator, the Document Custodian or any Lender.

Appears in 2 contracts

Samples: Loan and Servicing Agreement (Antares Strategic Credit Fund), Loan and Servicing Agreement (Antares Strategic Credit Fund)

Retention and Termination of the Servicer. The servicing, administering and collection of the Collateral Obligations shall be conducted by the Person designated as Servicer from time to time in accordance with this Section 7.1. Subject to early termination due to the occurrence of a Servicer an Event of Default or as otherwise provided below in this Article VII, the Borrower hereby designates the Equityholder, and the Equityholder hereby agrees to serve, as Servicer until the termination of this Agreement. The For the avoidance of doubt, the Servicer is not an agent of the Facility Agent, any Agent or any Lender.

Appears in 1 contract

Samples: Financing and Servicing Agreement (Capital Southwest Corp)

Retention and Termination of the Servicer. The servicing, administering and collection of the Collateral Obligations shall be conducted by the Person designated as Servicer from time to time in accordance with this Section 7.1. Subject to early termination due to the occurrence of a Servicer Serviceran Event of Default or as otherwise provided below in this Article VII, the Borrower hereby designates the Equityholder, and the Equityholder hereby agrees to serve, as Servicer until the termination of this Agreement. The For the avoidance of doubt, the Servicer is not an agent of the Facility Agent, any Administrative Agent or any Lender.

Appears in 1 contract

Samples: Financing and Servicing Agreement (HMS Income Fund, Inc.)

Retention and Termination of the Servicer. The servicing, administering and collection of the Collateral Obligations shall be conducted by the Person designated as Servicer from time to time in accordance with this Section 7.1. Subject to early termination due to the occurrence of a Servicer Default or as otherwise provided below in this Article VII, each of the Borrower Loan Parties hereby designates the EquityholderGxxxx Capital Direct Lending Corporation, and the Equityholder Gxxxx Capital Direct Lending Corporation hereby agrees to serve, as Servicer until the termination of this Agreement. The Servicer is not an agent of the Facility Agent, any Agent or any Lender.

Appears in 1 contract

Samples: Loan Financing and Servicing Agreement (Golub Capital Direct Lending Corp)

Retention and Termination of the Servicer. The servicing, administering and collection of the Collateral Obligations shall be conducted by the Person designated as Servicer from time to time in accordance with this Section 7.1. Subject to early termination due to the occurrence of a Servicer Event of Default or as otherwise provided below in this Article VII, in each case subject to Section 13.3(b), the Borrower hereby designates the Equityholder, and the Equityholder hereby agrees to serve, as Servicer until the termination of this Agreement. The For the avoidance of doubt, the Servicer is not an agent a Lender Agent of the Facility Agent, any Agent Lender Agent, the Collateral Agent, the Collateral Administrator, the Collateral Custodian or any Lender.

Appears in 1 contract

Samples: Loan and Servicing Agreement (Blackstone Private Credit Fund)

Retention and Termination of the Servicer. The servicing, administering and collection of the Collateral Obligations shall be conducted by the Person designated as Servicer from time to time in accordance with this Section 7.1. Subject to early termination due to the occurrence of a Servicer Default or as otherwise provided below in this Article VII, the Borrower hereby designates the EquityholderGxxxx Capital BDC 3, Inc., and the Equityholder Gxxxx Capital BDC 3, Inc. hereby agrees to serve, as Servicer until the termination of this Agreement. The Servicer is not an agent of the Facility Agent, any Agent or any Lender.

Appears in 1 contract

Samples: Loan Financing and Servicing Agreement (Golub Capital BDC 3, Inc.)

Retention and Termination of the Servicer. The servicing, administering and collection of the Collateral Obligations shall be conducted by the Person designated as Servicer from time to time in accordance with this Section 7.1. Subject to early termination due to the occurrence of a Servicer Event of Default or as otherwise provided below in this Article VIIVII (subject to Section 13.3(b)), the Borrower hereby designates the Equityholder, and the Equityholder hereby agrees to serve, as Servicer until the termination of this Agreement. The For the avoidance of doubt, the Servicer is not an agent of the Facility Agent, any Agent or any Lender.

Appears in 1 contract

Samples: Loan Financing and Servicing Agreement (Blackstone Private Credit Fund)

Retention and Termination of the Servicer. The servicing, administering and collection of the Collateral Obligations shall be conducted by the Person designated as Servicer from time to time in accordance with this Section 7.1. Subject to early termination due to the occurrence of a Servicer Default or as otherwise provided below in this Article VII, each of the Borrower BorrowerLoan Parties hereby designates the EquityholderXxxxx Capital BDC 3, Inc., and the Equityholder hereby Xxxxx Capital BDC 3, Inc. xxxxxx agrees to serve, as Servicer until the termination of this Agreement. The Servicer is not an agent of the Facility Agent, any Agent or any Lender.

Appears in 1 contract

Samples: Loan Financing and Servicing Agreement (Golub Capital BDC 3, Inc.)

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Retention and Termination of the Servicer. The servicing, administering and collection of the Collateral Obligations shall be conducted by the Person designated as Servicer from time to time in accordance with this Section 7.1. Subject to early termination due to the occurrence of a Servicer Default or as otherwise provided below in this Article VII, the Borrower hereby designates the Equityholder, and the Equityholder hereby agrees to serve, as Servicer until the termination of this Agreement. The For the avoidance of doubt, the Servicer is not an agent of the Facility Agent, any Agent or any Lender.

Appears in 1 contract

Samples: Loan Financing and Servicing Agreement (SCP Private Credit Income BDC LLC)

Retention and Termination of the Servicer. The servicing, administering and collection of the Collateral Obligations shall be conducted by the Person designated as Servicer from time to time in accordance with this Section 7.1. Subject to early termination due to the occurrence of a Servicer Default or as otherwise provided below in this Article VII, each of the Borrower Loan Parties hereby designates the EquityholderXxxxx Capital BDC 4, Inc., and the Equityholder hereby Xxxxx Capital BDC 4, Inc. xxxxxx agrees to serve, as Servicer until the termination of this Agreement. The Servicer is not an agent of the Facility Agent, any Agent or any Lender.

Appears in 1 contract

Samples: Loan Financing and Servicing Agreement (Golub Capital BDC 4, Inc.)

Retention and Termination of the Servicer. The servicing, administering and collection of the Collateral Obligations shall be conducted by the Person designated as Servicer from time to time in accordance with this Section 7.1. Subject to early termination due to the occurrence of a Servicer Default or as otherwise provided below in this Article VII, the Borrower hereby designates the EquityholderXxxxx Capital BDC 3, Inc., and the Equityholder Xxxxx Capital BDC 3, Inc. hereby agrees to serve, as Servicer until the termination of this Agreement. The Servicer is not an agent of the Facility Agent, any Agent or any Lender.

Appears in 1 contract

Samples: Loan Financing and Servicing Agreement (Golub Capital BDC 3, Inc.)

Retention and Termination of the Servicer. The servicing, administering and collection of the Collateral Obligations shall be conducted by the Person designated as Servicer from time to time in accordance with this Section 7.1. Subject to early termination due to the occurrence of a Servicer Event of Default or as otherwise provided below in this Article VII, the Borrower hereby designates the Equityholder, and the Equityholder hereby agrees to serve, as Servicer until the termination of this Agreement. The For the avoidance of doubt, the Servicer is not an agent of the Facility Agent, any Agent or any Lender.

Appears in 1 contract

Samples: Financing and Servicing Agreement (Blackstone Private Credit Fund)

Retention and Termination of the Servicer. The servicing, administering and collection of the Collateral Obligations Assets shall be conducted by the Person designated as Servicer from time to time in accordance with this Section 7.18.01. Subject to early termination due to the occurrence of a Servicer Default or as otherwise provided below in this Article VIIVIII, the Borrower hereby designates the EquityholderHPS Corporate Lending Fund, and the Equityholder HPS Corporate Lending Fund hereby agrees to serve, as Servicer until the termination of this Agreement. The For the avoidance of doubt, the Servicer is not an agent of the Facility Agent, any Administrative Agent or any Lender.

Appears in 1 contract

Samples: Credit Agreement (HPS Corporate Lending Fund)

Retention and Termination of the Servicer. The servicing, administering and collection of the Collateral Obligations shall be conducted by the Person designated as Servicer from time to time in accordance with this Section 7.1. Subject to early termination due to the occurrence of a Servicer Default or as otherwise provided below in this Article VII, the Borrower hereby designates the EquityholderGxxxx Capital Investment Corporation, and the Equityholder Gxxxx Capital Investment Corporation hereby agrees to serve, as Servicer until the termination of this Agreement. The Servicer is not an agent of the Facility Agent, any Agent or any Lender.

Appears in 1 contract

Samples: Loan Financing and Servicing Agreement (GOLUB CAPITAL INVESTMENT Corp)

Retention and Termination of the Servicer. The servicing, administering and collection of the Collateral Obligations shall be conducted by the Person designated as Servicer from time to time in accordance with this Section 7.1. Subject to early termination due to the occurrence of a Servicer Default or as otherwise provided below in this Article VII, the Borrower hereby designates the EquityholderStellus Private Credit BDC, and the Equityholder Stellus Private Credit BDC hereby agrees to serve, as Servicer until the termination of this Agreement. The For the avoidance of doubt, the Servicer is not an agent of the Facility Agent, any Agent or any Lender.

Appears in 1 contract

Samples: Loan Financing and Servicing Agreement (Stellus Private Credit BDC)

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