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 Collateral Agent Fee Letter and in accordance with the provisions of Section 2.7(a), Section 2.7(b)(1) or Section 2.8(a), as applicable. The Collateral Agent’s entitlement to receive the fee as set forth in the Collateral Agent Fee Letter 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; provided that the obligation to fully pay the Collateral Agent such fee of the Collateral Agent for services performed hereunder prior to such removal or termination shall survive the removal of the Collateral Agent.
Appears in 5 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)
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 Collateral Agent Fee Letter and in accordance with the provisions of Section 2.7(a)) , Section 2.7(b)(1) or Section 2.8(a)) , as applicable. The Collateral Agent’s entitlement to receive the fee as set forth in the Collateral Agent Fee Letter 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; provided that the obligation to fully pay the Collateral Agent such fee of the Collateral Agent for services performed hereunder prior to such removal or termination shall survive the removal of the Collateral Agent.
Appears in 1 contract
Samples: Loan and Security Agreement (Oaktree Specialty Lending Corp)
