Common use of Change of Location of Underlying Instruments Clause in Contracts

Change of Location of Underlying Instruments. The Collateral Manager shall not, without the prior consent of the Administrative Agent, consent to the Collateral Agent moving any Certificated Securities or Instruments from the Collateral Agent’s office set forth in Section 5.5(c) hereof, unless the Collateral Manager has given at least thirty (30) days’ written notice to the Administrative Agent and has authorized the Administrative Agent to take all actions required under the UCC of each relevant jurisdiction in order to continue the first priority perfected security interest of the Collateral Agent for the benefit of the Secured Parties in the Collateral.

Appears in 9 contracts

Samples: Loan and Security Agreement (Oaktree Specialty Lending Corp), Loan and Security Agreement (Oaktree Specialty Lending Corp), Loan and Security Agreement (Oaktree Specialty Lending Corp)

AutoNDA by SimpleDocs

Change of Location of Underlying Instruments. The Collateral Manager shall not, without the prior consent of the Administrative Agent, consent to the Collateral Agent Custodian moving any Certificated Securities or Instruments from the Collateral AgentCustodian’s office set forth in Section 5.5(c) hereofCorporate Trust Office on the A&R Effective Date, unless the Collateral Manager has given at least thirty (30) days’ written notice to the Administrative Agent and has authorized the Administrative Agent to take all actions required under the UCC of each relevant jurisdiction in order to continue the first priority perfected security interest of the Collateral Administrative Agent as agent for the benefit of the Secured Parties in the Collateral.

Appears in 7 contracts

Samples: Loan and Security Agreement (New Mountain Finance Corp), Loan and Security Agreement (New Mountain Finance Corp), Loan and Security Agreement (New Mountain Finance Corp)

Change of Location of Underlying Instruments. The Collateral Manager shall not, without the prior consent of the Administrative Agent, consent to the Collateral Agent moving any Certificated Securities or Instruments from the Collateral Agent’s office offices set forth in Section 5.5(c) hereofon the Closing Date, unless the Collateral Manager has given at least thirty ten (3010) days’ written notice to the Administrative Agent and has authorized the Administrative Agent to take all actions required under the UCC of each relevant jurisdiction in order to continue the first priority perfected security interest of the Collateral Agent for the benefit of the Secured Parties in the Collateral.

Appears in 4 contracts

Samples: Loan and Security Agreement (Kayne Anderson BDC, Inc.), Loan and Security Agreement (Stepstone Private Credit Fund LLC), Loan and Security Agreement (Kayne Anderson BDC, Inc.)

Change of Location of Underlying Instruments. The Collateral Manager shall not, without the prior consent of the Administrative Agent, consent to the Collateral Agent or the Custodian, as applicable, moving any Certificated Securities or Instruments from the offices of the Collateral Agent’s office Agent or the Custodian, as applicable, set forth in Section 5.5(c) hereof), unless the Collateral Manager has given at least thirty (30) days’ written notice to the Administrative Agent and has authorized the Administrative Agent to take all actions required under the UCC of each relevant jurisdiction in order to continue the first priority perfected security interest of the Collateral Agent for the benefit of the Secured Parties in the Collateral.

Appears in 3 contracts

Samples: Loan and Security Agreement (Palmer Square Capital BDC Inc.), Loan and Security Agreement (Palmer Square Capital BDC Inc.), Loan and Security Agreement (Palmer Square Capital BDC Inc.)

Change of Location of Underlying Instruments. The Collateral Manager shall not, without the prior consent of the Administrative Agent, consent to the Collateral Agent Custodian moving any Certificated Securities or Instruments from the Collateral AgentCustodian’s office set forth in Section 5.5(c) hereofCorporate Trust Office on the A&R Effective Date, unless the Collateral Manager has given at least thirty (30) days’ written notice to the Administrative Agent and has authorized the Administrative Agent to take all actions required under the UCC of each relevant jurisdiction in order to continue the first priority perfected security interest of the Collateral Administrative Agent as agent for the benefit of the Secured Parties in the Collateral.. (c)

Appears in 1 contract

Samples: Loan and Security Agreement (New Mountain Finance Corp)

Change of Location of Underlying Instruments. The Collateral Manager shall not, without the prior consent of the Administrative Agent, consent to the Collateral Agent or the Custodian moving any Certificated Securities or Instruments from the Collateral Agent’s office set forth or the Custodian’s offices (as specified in Section 5.5(cAnnex A hereto) hereofon the Closing Date, unless the Collateral Manager has given at least thirty (30) days’ written notice to the Administrative Agent and has authorized the Administrative Agent to take all actions required under the UCC of each relevant jurisdiction in order to continue the first priority perfected security interest of the Collateral Agent for the benefit of the Secured Parties in the Collateral.

Appears in 1 contract

Samples: Loan and Security Agreement (Kayne Anderson BDC, Inc.)

Change of Location of Underlying Instruments. The Collateral Manager Administrator shall not, without the prior consent of the Administrative Agent, consent to the Collateral Agent Custodian moving any Certificated Securities or Instruments from the Collateral AgentCustodian’s office set forth in Section 5.5(c) hereofCorporate Trust Office on the Closing Date, unless the Collateral Manager Administrator has given at least thirty (30) days’ written notice to the Administrative Agent and has authorized the Administrative Agent to take all actions required under the UCC of each relevant jurisdiction in order to continue the first priority perfected security interest of the Collateral Administrative Agent as agent for the benefit of the Secured Parties in the Collateral.

Appears in 1 contract

Samples: Loan and Security Agreement (New Mountain Finance Corp)

AutoNDA by SimpleDocs

Change of Location of Underlying Instruments. The Collateral Manager Administrator shall not, without the prior consent of the Administrative Agent, consent to the Collateral Agent Custodian moving any Certificated Securities or Instruments from the Collateral AgentCustodian’s office set forth in Section 5.5(c) hereofCorporate Trust Office on the Amendment and Restatement Effective Date, unless the Collateral Manager Administrator has given at least thirty (30) days’ written notice to the Administrative Agent and has authorized the Administrative Agent to take all actions required under the UCC of each relevant jurisdiction in order to continue the first priority perfected security interest of the Collateral Administrative Agent as agent for the benefit of the Secured Parties in the Collateral.

Appears in 1 contract

Samples: Loan and Security Agreement (New Mountain Finance Corp)

Change of Location of Underlying Instruments. The Collateral Manager shall not, without the prior consent of the Administrative Agent, consent to the Collateral Agent moving any Certificated Securities or Instruments from the offices of the Collateral Agent’s office Agent set forth in Section 5.5(c) hereof), unless the Collateral Manager has given at least thirty (30) days’ written notice to the Administrative Agent and has authorized the Administrative Agent to take all actions required under the UCC of each relevant jurisdiction in order to continue the first priority perfected security interest of the Collateral Agent for the benefit of the Secured Parties in the Collateral.. (c)

Appears in 1 contract

Samples: Loan and Security Agreement (Nuveen Churchill Direct Lending Corp.)

Change of Location of Underlying Instruments. The Collateral Manager shall not, without the prior consent of the Administrative Agent, consent to the Collateral Agent Custodian moving any Certificated Securities or Instruments from the Collateral AgentCustodian’s office set forth in Section 5.5(c) hereofon the Closing Date, unless the Collateral Manager has given at least thirty (30) days’ written notice to the Administrative Agent and has authorized the Administrative Agent to take all actions required under the UCC of each relevant jurisdiction in order to continue the first priority perfected security interest of the Collateral Administrative Agent as agent for the benefit of the Secured Parties in the Collateral.

Appears in 1 contract

Samples: Loan and Security Agreement (New Mountain Finance Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.