Common use of Appointment of the Collateral Agent Clause in Contracts

Appointment of the Collateral Agent. Each of the Lenders hereby irrevocably appoints the Collateral Agent as its collateral agent hereunder and under the other Loan Documents and authorizes the Collateral Agent to have all the rights and benefits hereunder and thereunder (including Section 9 of the Guarantee and Security Agreement), and to take such actions on its behalf and to exercise such powers as are delegated to the Collateral Agent by the terms hereof or thereof, together with such actions and powers as are reasonably incidental thereto.

Appears in 5 contracts

Samples: Secured Revolving Credit Agreement (FIDUS INVESTMENT Corp), Senior Secured (TCP Capital Corp.), Senior Secured (THL Credit, Inc.)

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Appointment of the Collateral Agent. Each of the Lenders and the Issuing Bank hereby irrevocably appoints the Collateral Agent as its collateral agent hereunder and under the other Loan Documents and authorizes the Collateral Agent to have all the rights and benefits hereunder and thereunder (including Section 9 of the Guarantee and Security Agreement), and to take such actions on its behalf and to exercise such powers as are delegated to the Collateral Agent by the terms hereof or thereof, together with such actions and powers as are reasonably incidental thereto.

Appears in 4 contracts

Samples: Secured Revolving Credit Agreement (THL Credit, Inc.), Senior Secured (First Eagle Alternative Capital BDC, Inc.), Pledge and Security Agreement (THL Credit, Inc.)

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