Common use of Actions on the Loans Clause in Contracts

Actions on the Loans. The Custodian shall have no duty or obligation hereunder to take any action on behalf of the Company, to communicate on behalf of the Company, to collect amounts or proceeds in respect of, or otherwise to interact or exercise rights or remedies on behalf of the Company, with respect to any of the Loans. All such actions and communications are the responsibility of the Company.

Appears in 34 contracts

Samples: Custody Agreement (OFS Credit Company, Inc.), Custody Agreement (Prospect Floating Rate & Alternative Income Fund, Inc.), Custody Agreement (Silver Point Specialty Lending Fund)

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Actions on the Loans. The Except as provided expressly herein, the Custodian shall have no duty or obligation hereunder to take any action on behalf of the Company, to communicate on behalf of the Company, to collect amounts or proceeds in respect of, or otherwise to interact or exercise rights or remedies on behalf of the Company, with respect to any of the Loans. All Except as provided expressly herein, all such actions and communications are the responsibility of the Company.

Appears in 1 contract

Samples: Custody Agreement (Antares Strategic Credit Fund)

Actions on the Loans. The Except as expressly set forth herein, the Custodian shall have no duty or obligation hereunder to take any action on behalf of the Company, to communicate on behalf of the Company, to collect amounts or proceeds in respect of, or otherwise to interact or exercise rights or remedies on behalf of the Company, with respect to any of the Loans. All such actions and communications are the responsibility of the Company.

Appears in 1 contract

Samples: Custody Agreement (Muzinich BDC, Inc.)

Actions on the Loans. The Custodian shall have no duty or obligation hereunder to take any action on behalf of the Company, to communicate on behalf of the Company, to collect amounts or proceeds in respect of, or otherwise to interact or exercise rights or remedies on behalf of the Company, with respect to any of the Loans. All such actions and communications are the responsibility of the Company.. 16

Appears in 1 contract

Samples: Custody Agreement (Flat Rock Capital Corp.)

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Actions on the Loans. The Except as expressly set forth herein, including but not limited to Article 3, the Custodian shall have no duty or obligation hereunder to take any action on behalf of the Company, to communicate on behalf of the Company, to collect amounts or proceeds in respect of, or otherwise to interact or exercise rights or remedies on behalf of the Company, with respect to any of the Loans. All Except as expressly set forth herein all such actions and communications are the responsibility of the Company.

Appears in 1 contract

Samples: Custody Agreement (Palmer Square Capital BDC Inc.)

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