Common use of True Sale Clause in Contracts

True Sale. Each Transferred Asset sold hereunder shall have been sold by the Seller to the Purchaser in a “true sale.”

Appears in 9 contracts

Samples: Loan Sale Agreement (Owl Rock Core Income Corp.), Loan Sale Agreement (Owl Rock Capital Corp), Loan Sale Agreement (Owl Rock Capital Corp)

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True Sale. Each Transferred Asset sold hereunder shall have been sold by the Seller to the Purchaser in a “true sale” (or in the case of a Participation, a “true participation”) and “absolute transfer”, free and clear of any Lien (except for Permitted Liens).

Appears in 7 contracts

Samples: Loan Sale Agreement (Blue Owl Credit Income Corp.), Loan Sale Agreement (Blue Owl Credit Income Corp.), Loan Sale Agreement (Blue Owl Capital Corp)

True Sale. Each Transferred Asset sold hereunder shall have been sold by the Seller to the Purchaser in with the intent that such sale be a “true sale” (or in the case of a Participation, a “true participation”) and “absolute transfer” (other than for tax or consolidated accounting purchases), free and clear of any Lien (except for Permitted Liens). This Agreement is the only agreement pursuant to which the Seller sells the Transferred Assets to the Purchaser.

Appears in 3 contracts

Samples: Loan Sale Agreement (Blue Owl Credit Income Corp.), Loan Sale Agreement (Blue Owl Credit Income Corp.), Loan Sale Agreement (Blue Owl Credit Income Corp.)

True Sale. Each Transferred Asset sold hereunder shall have been sold by the Seller to the Purchaser in a “true sale” (or, in the case of a Participation, a “true participation”) and “absolute transfer”, free and clear of any Lien (except for Permitted Liens).

Appears in 3 contracts

Samples: Loan Sale Agreement (Blue Owl Technology Finance Corp. II), Loan Sale Agreement (Blue Owl Technology Income Corp.), Loan Sale Agreement (Blue Owl Technology Finance Corp. II)

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True Sale. Each Transferred Asset sold Conveyed hereunder shall have been sold is intended to be Conveyed by the Seller to the Purchaser in as a “true sale.

Appears in 2 contracts

Samples: Sale and Contribution Agreement (Kennedy Lewis Capital Co), Sale and Contribution Agreement (Apollo Debt Solutions BDC)

True Sale. Each Transferred Asset sold hereunder shall have been sold by the such Seller to the Purchaser in a “true sale” (or in the case of a Participation, a “true participation”) and “absolute transfer”, free and clear of any Lien (except for Permitted Liens).

Appears in 1 contract

Samples: Loan Sale Agreement (Blue Owl Capital Corp II)