Common use of Collateral Obligations Clause in Contracts

Collateral Obligations. Except as otherwise provided in this Section 4 and except in accordance with the Investment Management Standard, and subject to the requirements of the Indenture, the other Transaction Documents, the Limited Liability Company Agreement and applicable law, the Investment Manager may cause the Company (which term shall include, for all purposes relating to the purchase and sale of Collateral Obligations and the duties and obligations of the Investment Manager set forth in Section 1 hereof, the Company and its consolidated subsidiaries, if any) from time to time to purchase Collateral Obligations.

Appears in 1 contract

Sources: Investment Management Agreement (FS Energy & Power Fund)

Collateral Obligations. Except as otherwise provided in this Section 4 and except in accordance with the Investment Management Standard, and subject to the requirements of the Indenture, the other Transaction DocumentsOperating Agreement, the Limited Liability Company Sale and Contribution Agreement and applicable law, the Investment Manager may cause the Company (which term shall include, for all purposes relating to the purchase and sale of Collateral Obligations and the duties and obligations of the Investment Manager set forth in Section 1 hereof, the Company and its consolidated subsidiaries, if any) from time to time to purchase or sell Collateral Obligations.

Appears in 1 contract

Sources: Investment Management Agreement (FS Investment Corp III)