Common use of Trustee Compensation Clause in Contracts

Trustee Compensation. As compensation for its Trustee activities hereunder, the Trustee shall be entitled to a Trustee Fee and other amounts payable to it pursuant to the Trustee Fee Letter and pursuant to the provision of Section 2.7 or Section 2.8, as applicable. The Trustee’s entitlement to receive the Trustee Fee and such other amounts shall cease (excluding any outstanding amounts unpaid as of such date) on the earlier to occur of: (i) its removal as Trustee pursuant to Section 8.5 or (ii) the termination of this Agreement.

Appears in 3 contracts

Samples: Revolving Credit Agreement (NewStar Financial, Inc.), Revolving Credit Agreement (NewStar Financial, Inc.), Revolving Credit Agreement (NewStar Financial, Inc.)

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Trustee Compensation. As compensation for its Trustee activities hereunder, the Trustee shall be entitled to a Trustee Fee and other amounts payable to it pursuant to the Trustee Fee Letter and extent of funds available therefor pursuant to the provision of Section 2.7 or Section 2.8, as applicableSections 2.8(a)(1)(v) and 2.8(b)(v). The Trustee’s entitlement to receive the Trustee Fee (other than due and such other amounts shall cease (excluding any outstanding amounts unpaid as of Trustee Fees owed through such date) shall cease on the earlier to occur of: (i) its removal as Trustee pursuant to Section 8.5 or (ii) the termination of this Agreement.

Appears in 3 contracts

Samples: Loan Funding and Servicing Agreement (Patriot Capital Funding, Inc.), Loan Funding and Servicing Agreement (Patriot Capital Funding, Inc.), Loan Funding and Servicing Agreement (Patriot Capital Funding, Inc.)

Trustee Compensation. As compensation for its Trustee activities hereunder, the Trustee shall be entitled to a Trustee Fee and other amounts payable to it pursuant any unpaid Trustee Expenses to the Trustee Fee Letter and extent of funds available therefor pursuant to the provision of Section 2.7 or Section 2.8, as applicableSections 2.8(a)(1)(iv) and 2.8(b)(iv). The Trustee’s entitlement to receive the Trustee Fee (other than due and such other amounts shall cease (excluding any outstanding amounts unpaid as of Trustee Fees owed through such date) shall cease on the earlier to occur of: (i) its removal as Trustee pursuant to Section 8.5 or (ii) the termination of this Agreement.

Appears in 2 contracts

Samples: Loan Funding and Servicing Agreement (Kohlberg Capital CORP), Loan Funding and Servicing Agreement (Kohlberg Capital CORP)

Trustee Compensation. As compensation for its Trustee trustee activities hereunder, the Trustee shall be entitled to a Trustee Fee and other amounts payable from the Servicer. To the extent that such Trustee Fee is not paid by the Servicer, the Trustee shall be entitled to it pursuant receive the unpaid balance of its Trustee Fee to the Trustee Fee Letter and extent of funds available therefor pursuant to the provision of Section 2.7 2.7(a)(2) or Section 2.82.8(2), as applicable. The Trustee’s entitlement to receive the Trustee Fee and such other amounts shall cease (excluding any outstanding amounts unpaid as of such date) on the earlier to occur of: (i) its removal as Trustee pursuant to Section 8.5 or and (ii) the termination of this Agreement.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (MCG Capital Corp), Sale and Servicing Agreement (MCG Capital Corp)

Trustee Compensation. As compensation for its Trustee activities hereunder, the Trustee shall be entitled to a Trustee Fee and other amounts payable to it pursuant any unpaid Trustee Expenses to the Trustee Fee Letter and extent of funds available therefor pursuant to the provision of Section 2.7 or Section 2.8, as applicable2.7. The Trustee’s entitlement to receive the Trustee Fee (other than due and such other amounts shall cease (excluding any outstanding amounts unpaid as of Trustee Fees owed through such date) shall cease on the earlier to occur of: (i) its removal as Trustee pursuant to Section 8.5 or (ii) the termination of this Agreement.

Appears in 2 contracts

Samples: Credit Agreement (GSC Investment Corp.), Credit Agreement (GSC Investment Corp.)

Trustee Compensation. As compensation for its Trustee activities hereunder, the Trustee shall be entitled to a fee (the “Trustee Fee and other amounts payable to it pursuant to Fee”) from the Servicer in accordance with the Trustee Fee Letter and Letter. To the extent that such Trustee Fee is not paid by the initial Servicer, the Trustee shall be entitled to receive the unpaid balance of its Trustee Fee to the extent of funds available therefor pursuant to the provision of Section 2.7 2.10 or Section 2.82.11, as applicable. The Trustee’s entitlement to receive the Trustee Fee and such other amounts shall cease (excluding any outstanding amounts unpaid as of such date) on the earlier to occur of: (i) its removal as Trustee pursuant to Section 8.5 or (ii) the termination of this Agreement.

Appears in 2 contracts

Samples: Loan and Servicing Agreement (NewStar Financial, Inc.), Loan and Servicing Agreement (NewStar Financial, Inc.)

Trustee Compensation. As compensation for its Trustee activities hereunder, the Trustee shall be entitled to a Trustee Fee and other amounts payable to it pursuant to the Trustee Fee Letter and pursuant to the provision of Section 2.7 2.7(a)(1), Section 2.7(b)(1) or Section 2.82.8(1), as applicable. The Trustee’s entitlement to receive the Trustee Fee and such other amounts shall cease (excluding any outstanding amounts unpaid as of such date) on the earlier to occur of: (i) its removal as Trustee pursuant to Section 8.5 7.5 or (ii) the termination of this Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (OFS Capital, LLC)

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Trustee Compensation. As compensation for its Trustee activities hereunder, the Trustee shall be entitled to a Trustee Fee and other amounts payable from the Servicer. To the extent that such Trustee Fee is not paid by the Servicer, the Trustee shall be entitled to it pursuant receive the unpaid balance of its Trustee Fee to the Trustee Fee Letter and extent of funds available therefor pursuant to the provision of Section 2.7 2.9(a)(2) or Section 2.82.10(a)(2), as applicable. The Trustee’s entitlement to receive the Trustee Fee and such other amounts shall cease (excluding any outstanding amounts unpaid as of such date) on the earlier to occur of: (i) its removal as Trustee pursuant to Section 8.5 or (ii) the termination of this Agreement.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Ares Capital Corp)

Trustee Compensation. As compensation for its Trustee activities hereunder, the Trustee shall be entitled to a the Trustee Fee and other amounts payable to it pursuant to the Trustee Fee Letter and pursuant to the provision of Section 2.7 or Section 2.8, as applicableLetter. The Trustee’s entitlement to receive the Trustee Fee and such other amounts shall cease (excluding any outstanding amounts unpaid as of such date) on the earlier to occur of: of (i) its removal as Trustee pursuant to Section 8.5 10.5 or (ii) the termination of this AgreementMaturity Date.

Appears in 1 contract

Samples: Loan and Security Agreement (NewStar Financial, Inc.)

Trustee Compensation. As compensation for its Trustee activities hereunder, the Trustee shall be entitled to a Trustee Fee and other amounts payable from the Servicer. To the extent that such Trustee Fee is not paid by the Servicer, the Trustee shall be entitled to it pursuant receive the unpaid balance of its Trustee Fee to the Trustee Fee Letter and extent of funds available therefor pursuant to the provision of Section 2.7 2.9(a)(2), Section 2.9(b)(1) or Section 2.82.10(a)(2), as applicable. The Trustee’s entitlement to receive the Trustee Fee and such other amounts shall cease (excluding any outstanding amounts unpaid as of such date) on the earlier to occur of: (i) its removal as Trustee pursuant to Section 8.5 or (ii) the termination of this Agreement.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Ares Capital Corp)

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