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, each of the BorrowerLoan Parties hereby designates Xxxxx Capital BDC 3, Inc., and 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, each of the BorrowerLoan Loan Parties hereby designates Xxxxx Capital BDC 34, Inc., and Xxxxx Capital BDC 34, 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 Event of Default or as otherwise provided below in this Article VIIVII (subject to Section 13.3(b)), each of the BorrowerLoan Parties Borrower hereby designates Xxxxx Capital BDC 3, Inc.the Equityholder, and Xxxxx Capital BDC 3, Inc. xxxxxx 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 BorrowerLoan Parties Borrower hereby designates Xxxxx Capital BDC 3, Inc., and Xxxxx Capital BDC 3, Inc. xxxxxx 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.)

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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, each of the BorrowerLoan Parties Borrower hereby designates Xxxxx Gxxxx Capital BDC 3, Inc., and Xxxxx Gxxxx Capital BDC 3, Inc. xxxxxx 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.)

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