Common use of Sales to Affiliates of Replacement Servicer Clause in Contracts

Sales to Affiliates of Replacement Servicer. To the extent that Gxxxx Capital BDC, Inc. (or an Affiliate thereof) is no longer the Servicer, the Replacement Servicer may only sell assets owned by the Borrower to such Replacement Servicer’s Affiliates to the extent that it receives the consent of the “member” of the Borrower identified in the Borrower LLC Agreement.

Appears in 3 contracts

Samples: Loan and Servicing Agreement (GOLUB CAPITAL BDC, Inc.), Loan and Servicing Agreement (GOLUB CAPITAL BDC, Inc.), Loan and Servicing Agreement (GOLUB CAPITAL BDC, Inc.)

AutoNDA by SimpleDocs

Sales to Affiliates of Replacement Servicer. To the extent that Gxxxx Xxxxx Capital BDC, Inc. (or an Affiliate thereof) is no longer the Servicer, the Replacement Servicer may only sell assets owned by the Borrower to such Replacement ServicerService’s Affiliates to the extent that it receives the consent of the "member" of the Borrower identified in the Borrower LLC Agreement.

Appears in 1 contract

Samples: Loan and Servicing Agreement (GOLUB CAPITAL BDC, Inc.)

AutoNDA by SimpleDocs

Sales to Affiliates of Replacement Servicer. To the extent that Gxxxx Xxxxx Capital BDC, Inc. (or an Affiliate thereof) is no longer the Servicer, the Replacement Servicer may only sell assets owned by the Borrower to such Replacement Servicer’s Affiliates to the extent that it receives the consent of the “member” of the Borrower identified in the Borrower LLC Agreement.

Appears in 1 contract

Samples: Loan and Servicing Agreement (GOLUB CAPITAL BDC, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.