Common use of Return of Required Loan Documents Clause in Contracts

Return of Required Loan Documents. The Sellers may, with the prior written consent of the Administrative Agent (such consent not to be unreasonably withheld), require that the Collateral Custodian return each Required Loan Document (a) delivered to the Collateral Custodian in error, (b) as to which the lien on the Related Property has been so released pursuant to Section 9.2, (c) that has been repaid by a Seller pursuant to Section 4.6 or (d) that is required to be redelivered to the Sellers in connection with the termination of this Agreement, in each case by submitting to the Collateral Custodian and the Administrative Agent a written request in the form of Exhibit H hereto (signed by both the applicable Seller and the Administrative Agent) specifying the Collateral to be so returned and reciting that the conditions to such release have been met (and specifying the Section or Sections of this Agreement being relied upon for such release). The Collateral Custodian shall upon its receipt of each such request for return executed by a Seller and the Administrative Agent promptly, but in any event within five Business Days, return the Required Loan Documents so requested to the applicable Seller.

Appears in 3 contracts

Samples: Sale and Servicing Agreement (Capitalsource Inc), Sale and Servicing Agreement (Capitalsource Inc), Sale and Servicing Agreement (Capitalsource Inc)

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Return of Required Loan Documents. The Sellers Borrower may, with the prior written consent of the Administrative Agent (such consent not to be unreasonably withheld), require that the Collateral Custodian or the Collateral Administrator, as applicable return each Required Loan Document held by it (a) delivered to the Collateral Custodian or the Collateral Administrator, as applicable, in error, error or (b) as to which released from the lien on Lien of the Related Property has been so released Collateral Agent hereunder pursuant to Section 9.2, (c) that has been repaid by a Seller pursuant to Section 4.6 or (d) that is required to be redelivered to the Sellers in connection with the termination of this Agreement2.16, in each case by submitting to the Collateral Custodian or the Collateral Administrator, as applicable, and the Administrative Agent a written request in the form of Exhibit H L hereto (signed by both the applicable Seller Borrower and the Administrative Agent) specifying the Collateral Portfolio to be so returned and reciting that the conditions to such release have been met (and specifying the Section or Sections of this Agreement being relied upon for such release). The Collateral Custodian or the Collateral Administrator, as applicable, shall upon its receipt of each such request for return executed by a Seller the Borrower and the Administrative Agent promptly, but in any event within five Business Days, return the Required Loan Documents so requested to the applicable SellerBorrower.

Appears in 3 contracts

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

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Return of Required Loan Documents. The Sellers Borrower may, with the prior written consent of the Administrative Agent (such consent not to be unreasonably withheld), require that the Collateral Custodian or the Collateral Administrator, as applicable return each Required Loan Document held by it (a) delivered to the Collateral Custodian or the Collateral Administrator, as applicable, in error, error or (b) as to which released from the lien on Lien of the Related Property has been so released Collateral Agent hereunder pursuant to Section 9.2, (c) that has been repaid by a Seller pursuant to Section 4.6 or (d) that is required to be redelivered to the Sellers in connection with the termination of this Agreement2.14, in each case by submitting to the Collateral Custodian or the Collateral Administrator, as applicable, and the Administrative Agent a written request in the form of Exhibit H J hereto (signed by both the applicable Seller Borrower and the Administrative Agent) specifying the Collateral Required Loan Document to be so returned and reciting that the conditions to such release have been met (and specifying the Section or Sections of this Agreement being relied upon for such release). The Collateral Custodian or the Collateral Administrator, as applicable, shall upon its receipt of each such request for return executed by a Seller the Borrower and the Administrative Agent promptly, but in any event within five (5) Business Days, return the Required Loan Documents so requested to the applicable SellerBorrower.

Appears in 1 contract

Samples: Loan and Servicing Agreement (Oaktree Strategic Credit Fund)

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