Common use of Defaulted Obligations Clause in Contracts

Defaulted Obligations. The Collateral Manager may direct the Trustee to sell any Defaulted Obligation at any time without restriction.

Appears in 17 contracts

Sources: Supplemental Indenture (MidCap Financial Investment Corp), Indenture (Golub Capital Private Credit Fund), Indenture (Stepstone Private Credit Fund LLC)

Defaulted Obligations. The Collateral Manager may direct the Collateral Trustee to sell any Defaulted Obligation at any time without restriction.

Appears in 10 contracts

Sources: Indenture (Apollo Debt Solutions BDC), Indenture (Golub Capital Private Credit Fund), Indenture (Golub Capital Private Credit Fund)

Defaulted Obligations. The Collateral Manager may direct the Trustee to sell any Defaulted Obligation at any time without restrictiontime.

Appears in 5 contracts

Sources: Supplemental Indenture (Blue Owl Capital Corp), Indenture and Security Agreement (Owl Rock Capital Corp), Indenture and Security Agreement (Owl Rock Capital Corp)

Defaulted Obligations. The Collateral Manager may direct the Trustee to sell any Defaulted Obligation at any time during or after the Reinvestment Period without restriction.

Appears in 3 contracts

Sources: Indenture (Blackstone Private Credit Fund), Indenture (JMP Group LLC), Indenture (Fifth Street Senior Floating Rate Corp.)

Defaulted Obligations. The Collateral Manager may direct the Trustee to sell any Defaulted Obligation at any time without restriction. The Collateral Manager may direct the Trustee to consummate an Exchange Transaction at any time following the satisfaction of the Controlling Class Condition during or after the Reinvestment Period without restriction so long as the conditions set forth in Section 12.2(b) are satisfied.

Appears in 2 contracts

Sources: Indenture (Apollo Debt Solutions BDC), Indenture (Apollo Debt Solutions BDC)

Defaulted Obligations. The Collateral Manager may direct the Trustee to sell any Defaulted Obligation and any Workout Loan at any time without restrictiontime.

Appears in 1 contract

Sources: Indenture and Security Agreement (Owl Rock Capital Corp)

Defaulted Obligations. The Collateral Manager Servicer may direct the Collateral Trustee to sell any Defaulted Obligation at any time without restriction.

Appears in 1 contract

Sources: Indenture and Security Agreement (Morgan Stanley Direct Lending Fund)