Common use of Initial Trustee Clause in Contracts

Initial Trustee. The role of Trustee shall be conducted by the Person designated as Trustee hereunder from time to time in accordance with this Section 10.01. Until the Agent shall give to U.S. Bank a Trustee Termination Notice, U.S. Bank is hereby appointed as, and hereby accepts such appointment and agrees to perform the duties and obligations of, Trustee pursuant to the terms hereof.

Appears in 9 contracts

Samples: Loan and Servicing Agreement (Ares Capital Corp), Loan and Servicing Agreement (Ares Capital Corp), Second Tier Purchase and Sale Agreement (Ares Capital Corp)

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Initial Trustee. The role of Trustee with respect to the Required Loan Documents shall be conducted by the Person designated as Trustee hereunder from time to time in accordance with this Section 10.018.1. Until the Administrative Agent shall give to U.S. Bank a Trustee Termination Notice, U.S. Bank is hereby appointed as, and hereby accepts such appointment and agrees to perform the duties and obligations of, Trustee pursuant to the terms hereof.

Appears in 2 contracts

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

Initial Trustee. The role of Trustee shall be conducted by the Person designated as Trustee hereunder from time to time in accordance with this Section 10.01. Until the Agent shall give to U.S. Bank a Trustee Termination Notice, U.S. Bank is hereby appointed as, and hereby accepts such appointment and agrees to perform the duties and obligations of, Trustee pursuant to the terms hereof.. 150

Appears in 1 contract

Samples: Loan and Servicing Agreement (Ares Capital Corp)

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Initial Trustee. The role of Trustee hereunder shall be conducted by the Person designated as Trustee hereunder from time to time in accordance with this Section 10.0111.01. Until the Administrative Agent shall give to U.S. US Bank a Trustee Termination NoticeNotice and the provisions of Section 11.05 have been satisfied, U.S. US Bank is hereby appointed designated as, and hereby accepts such appointment and agrees to perform the duties and obligations of, Trustee pursuant to the terms hereof.

Appears in 1 contract

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

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