Common use of Defaulted Obligation Clause in Contracts

Defaulted Obligation. The timely repayment of such obligation is not subject to non-credit-related risk as determined by the Servicer in its good faith and reasonable judgment.

Appears in 2 contracts

Sources: Loan and Security Agreement (Carlyle Credit Solutions, Inc.), Loan and Security Agreement (TCG BDC II, Inc.)

Defaulted Obligation. The timely repayment of such obligation is not subject to non-credit-related risk as determined by the Servicer Portfolio Manager in its good faith and reasonable judgment.

Appears in 1 contract

Sources: Loan and Security Agreement (Goldman Sachs Private Middle Market Credit LLC)