Common use of Collateral Agent Compensation Clause in Contracts

Collateral Agent Compensation. As compensation for its Collateral Agent activities hereunder, the Collateral Agent shall be entitled to a Collateral Agent Fee pursuant to the provision of Section 2.7(a)(1), Section 2.7(b)(1) or Section 2.8(1), as applicable. The Collateral Agent’s entitlement to receive the Collateral Agent Fee shall cease on the earlier to occur of: (i) its removal as Collateral Agent pursuant to Section 7.5 or (ii) the termination of this Agreement.

Appears in 11 contracts

Samples: Loan and Security Agreement (Kayne Anderson BDC, Inc.), Loan and Security Agreement (Kayne Anderson BDC, Inc.), Loan and Security Agreement (Owl Rock Core Income Corp.)

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Collateral Agent Compensation. As compensation for its Collateral Agent activities hereunder, the Collateral Agent shall be entitled to a the Collateral Agent Fee Fees and Collateral Agent Expenses from the Borrower, payable to the extent of funds available therefor pursuant to the provision provisions of Section 2.7(a)(1), Section 2.7(b)(1) or Section 2.8(1), as applicable2.04. The Collateral Agent’s entitlement to receive the Collateral Agent Fee Fees shall cease on the earlier to occur of: (i) its removal as Collateral Agent pursuant to Section 7.5 10.05 or (ii) the termination of this Agreement.

Appears in 8 contracts

Samples: Loan and Servicing Agreement (Business Development Corp of America), Loan and Servicing Agreement (Business Development Corp of America), Loan and Servicing Agreement (Business Development Corp of America)

Collateral Agent Compensation. As compensation for its Collateral Agent activities hereunder, the Collateral Agent shall be entitled to a the Collateral Agent Fees and Collateral Agent Expenses from the Borrower as set forth in the Agent Fee Letter, payable to the extent of funds available therefor pursuant to the provision provisions of Section 2.7(a)(1), Section 2.7(b)(1) or Section 2.8(1), as applicable2.04. The Collateral Agent’s entitlement to receive the Collateral Agent Fee Fees shall cease on the earlier to occur of: (i) its removal as Collateral Agent pursuant to Section 7.5 11.05 or (ii) the termination of this Agreement.

Appears in 8 contracts

Samples: Loan and Servicing Agreement (SLR Investment Corp.), Loan and Servicing Agreement (SLR Investment Corp.), Loan and Servicing Agreement (SLR Senior Investment Corp.)

Collateral Agent Compensation. As compensation for its Collateral Agent activities hereunder, the Collateral Agent shall be entitled to a the Collateral Agent Fees and Collateral Agent Expenses from the Borrower as set forth in the Collateral Agent and Collateral Custodian Fee Letter, payable to the extent of funds available therefor pursuant to the provision provisions of Section 2.7(a)(1), Section 2.7(b)(1) or Section 2.8(1), as applicable2.04. The Collateral Agent’s entitlement to receive the Collateral Agent Fee Fees shall cease on the earlier to occur of: (ia) its removal as Collateral Agent pursuant to Section 7.5 10.05 or (iib) the termination of this Agreement.

Appears in 6 contracts

Samples: Loan and Servicing Agreement (Overland Advantage), Loan and Servicing Agreement (First Eagle Private Credit Fund), Loan and Servicing Agreement (Franklin BSP Capital Corp)

Collateral Agent Compensation. As compensation for its Collateral Agent activities hereunder, the Collateral Agent shall be entitled to a the Collateral Agent Fee Fees and Collateral Agent Expenses from the Borrower, payable to the extent of funds available therefor pursuant to the provision provisions of Section 2.7(a)(1), Section 2.7(b)(1) or Section 2.8(1), as applicable2.04. The Each respective Collateral Agent’s entitlement to receive the Collateral Agent Fee Fees shall cease on the earlier earliest to occur of: (i) its removal as Collateral Agent pursuant to Section 7.5 or 10.05, (ii) its resignation pursuant to Section 10.07 and (iii) the termination of this Agreement.

Appears in 5 contracts

Samples: Loan and Servicing Agreement (FS KKR Capital Corp), Loan and Servicing Agreement (FS KKR Capital Corp), Loan and Servicing Agreement (FS KKR Capital Corp)

Collateral Agent Compensation. As compensation for its Collateral Agent activities hereunder, the Collateral Agent shall be entitled to a the Collateral Agent Fees and Collateral Agent Expenses from the Borrower as set forth in the Collateral Agent and Collateral Custodian Fee Letter, payable to the extent of funds available therefor pursuant to the provision provisions of Section 2.7(a)(1), Section 2.7(b)(1) or Section 2.8(1), as applicable2.04. The Collateral Agent’s 's entitlement to receive the Collateral Agent Fee Fees shall cease on the earlier to occur of: (ia) its removal as Collateral Agent pursuant to Section 7.5 10.05 or (iib) the termination of this Agreement.

Appears in 4 contracts

Samples: Loan and Servicing Agreement (AGTB Private BDC), Loan and Servicing Agreement (AGTB Private BDC), Loan and Servicing Agreement (BlackRock TCP Capital Corp.)

Collateral Agent Compensation. As compensation for its Collateral Agent activities hereunder, the Collateral Agent shall be entitled to a Collateral Agent Fee pursuant to the provision Collateral Agent Fee Letter and in accordance with the provisions of Section 2.7(a)(1), Section 2.7(b)(1) or Section 2.8(12.8(a)(1), as applicable. The Collateral Agent’s entitlement to receive the Collateral Agent Fee shall cease on the earlier to occur of: (i) its removal as Collateral Agent pursuant to Section 7.5 or (ii) the termination of this Agreement.

Appears in 3 contracts

Samples: Loan and Security Agreement (Oaktree Specialty Lending Corp), Loan and Security Agreement (Oaktree Strategic Income Corp), Loan and Security Agreement (Fifth Street Senior Floating Rate Corp.)

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Collateral Agent Compensation. As compensation for its Collateral Agent activities hereunder, the Collateral Agent shall be entitled to a the Collateral Agent Fees and Collateral Agent Expenses from the Borrower as set forth in the Collateral Agent and Collateral Custodian Fee Letter, payable to the extent of funds available therefor pursuant to the provision provisions of Section 2.7(a)(1), Section 2.7(b)(1) or Section 2.8(1), as applicable2.04. The Collateral Agent’s entitlement to receive the Collateral Agent Fee Fees shall cease on the earlier to occur of: (i) its removal as Collateral Agent pursuant to Section 7.5 10.05 or (ii) the termination of this Agreement.

Appears in 2 contracts

Samples: Loan and Servicing Agreement (MSD Investment Corp.), Loan and Security Agreement (North Haven Private Income Fund LLC)

Collateral Agent Compensation. As compensation for its Collateral Agent activities hereunder, the Collateral Agent shall be entitled to a the Collateral Agent Fees and Collateral Agent Expenses from the Borrower as set forth in the Collateral Agent Fee Letter, payable to the extent of funds available therefor pursuant to the provision of Section 2.7(a)(1), Section 2.7(b)(1) or Section 2.8(1), as applicable2.04. The Collateral Agent’s entitlement to receive the Collateral Agent Fee Fees shall cease on the earlier to occur of: (i) its removal as Collateral Agent pursuant to Section 7.5 or 10.05 and (ii) the termination of this Agreement.

Appears in 2 contracts

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

Collateral Agent Compensation. As compensation for its Collateral Agent activities hereunder, the Collateral Agent shall be entitled to a Collateral Agent Fee pursuant to the provision of Section 2.7(a)(1), Section 2.7(b)(1) or Section 2.8(1), as applicable. The Subject to such terms as expressly survive the termination of this Agreement or the resignation or removal of the Collateral Agent, the Collateral Agent’s entitlement to receive the Collateral Agent Fee shall cease on the earlier to occur of: (i) its removal as Collateral Agent pursuant to Section 7.5 or (ii) the termination of this Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Stepstone Private Credit Fund LLC)

Collateral Agent Compensation. As compensation for its Collateral Agent activities hereunder, the Collateral Agent shall be entitled to a the Collateral Agent Fees and Collateral Agent Expenses from the Borrower as set forth in the Collateral Agent Fee Letter, payable to the extent of funds available therefor pursuant to the provision provisions of Section 2.7(a)(1), Section 2.7(b)(1) or Section 2.8(1), as applicable2.04. The Collateral Agent’s entitlement to receive the Collateral Agent Fee Fees shall cease on the earlier to occur of: (ia) its removal as Collateral Agent pursuant to Section 7.5 10.05 or (iib) the termination of this Agreement.

Appears in 1 contract

Samples: Loan and Servicing Agreement (Owl Rock Capital Corp)

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