Common use of Retention Letter Clause in Contracts

Retention Letter. (a) The Borrower shall (i) procure the Retention Holder not to amend, supplement, modify, repudiate or waive any provision, of the Retention Letter without the prior written consent of the Agent and each EU/UK Institutional Investor Lender (with a copy to the Collateral Agent); and (ii) procure that the Retention Holder has not changed and will not change the manner in which it retains the Risk Retention Retained Interest, except to the extent expressly permitted by the EU Retention Requirements and with the prior written consent of the Agent and each EU/UK Institutional Investor Lender.

Appears in 2 contracts

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

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Retention Letter. (a) The Borrower shall (ia) procure the Retention Holder not to amend, supplement, modify, repudiate or waive any provision, of the any Retention Letter without the prior written consent of the Administrative Agent and each EU/UK Institutional Investor Lender (with a copy to the Collateral Agent); ) and (iib) procure that the Retention Holder has not changed and will not change the manner in which it retains the Risk Retention Retained Interest, except to the extent expressly permitted by the EU Retention Requirements and with the prior written consent of the Administrative Agent and each EU/UK Institutional Investor Lender.

Appears in 1 contract

Samples: Credit Agreement (Blue Owl Technology Income Corp.)

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Retention Letter. (a) The To the extent the same is within its control, the Borrower shall (i) procure the EU Retention Holder Provider not to amend, supplement, modify, repudiate or waive any provision, of the any Retention Letter without the prior written consent of the Facility Agent and each EU/UK Institutional Investor Affected Lender (with a copy to the Collateral Agent); and (ii) procure that the EU Retention Holder Provider has not changed and will not change the manner in which it retains the Risk Retention Retained Interest, except to the extent expressly permitted by the EU Retention Requirements Securitisation Laws and with the prior written consent of the Facility Agent and each EU/UK Institutional Investor Affected Lender.

Appears in 1 contract

Samples: Credit Agreement (AB Private Credit Investors Corp)

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