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. For the avoidance of doubt, the Servicer is not an agent of the 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.)

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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. For the avoidance of doubt, the The Servicer is not an agent of the Administrative 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.)

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. For the avoidance of doubt, the Servicer is not an agent of the Administrative 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 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. For the avoidance of doubt, the The Servicer is not an agent of the Administrative 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, 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. For the avoidance of doubt, the The Servicer is not an agent of the Administrative Facility Agent, any Agent or any Lender.

Appears in 1 contract

Samples: Loan Financing and Servicing Agreement (Golub Capital Direct Lending 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 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. For the avoidance of doubt, the Servicer is not an agent of the 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 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. For the avoidance of doubt, the Servicer is not an agent of the Administrative Facility 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 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. For the avoidance of doubt, the Servicer is not an agent of the Administrative Agent or any Lender.

Appears in 1 contract

Samples: Credit Agreement (HPS Corporate Lending Fund)

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