Designation of Collateral Administrator. The role of Collateral Administrator under this Agreement shall be conducted by the Person designated as Collateral Administrator hereunder from time to time in accordance with this Section 12.01. U.S. Bank Trust Company, National Association is hereby appointed as, and hereby accepts such appointment and agrees to perform the duties and obligations of, Collateral Administrator pursuant to the terms hereof.
Designation of Collateral Administrator. 178 Section 15.02 Certain Duties and Powers............................................................................... 178 Section 15.03 Certain Rights of Collateral Administrator...................................................... 181 Section 15.04 Compensation and Reimbursement of Collateral Administrator..................... 183 Section 15.05 Resignation and Removal; Appointment of Successor.................................... 184 Section 15.06 Acceptance and Appointment by Successor.................................................... 185 Section 15.07 Merger, Conversion, Consolidation or Succession to Business of Collateral Administrator................................................................................................. .............................185 USActive 59109857.10
Designation of Collateral Administrator. 129128 Section 15.02. Certain Duties and Powers 129128 Section 15.03. Certain Rights of Collateral Administrator 132131 Section 15.04. Compensation and Reimbursement of Collateral Administrator 134133 Section 15.05. Resignation and Removal; Appointment of Successor 134133 Section 15.06. Acceptance and Appointment by Successor 135134 Section 15.07. Merger, Conversion, Consolidation or Succession to Business of Collateral Administrator 136134 Section 15.08. Certain Duties of Collateral Administrator Related to Delayed Payment of Proceeds 136134 CREDIT AND SECURITY AGREEMENT CREDIT AND SECURITY AGREEMENT, dated as of May 2, 2018, by and among NMFC SENIOR LOAN PROGRAM III LLC, a Delaware limited liability company, as borrower (the “Borrower”), NEW MOUNTAIN FINANCE CORPORATION, a Delaware corporation, in its capacity as Collateral Manager (in such capacity, together with any successor in such capacity, the “Collateral Manager”), the LENDERS from time to time party hereto, CITIBANK, N.A. (“Citibank”), as administrative agent for the Secured Parties (as hereinafter defined) (in such capacity, together with any successor in such capacity, the “Administrative Agent”), and U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION (as successor in interest to U.S. Bank National Association), as collateral agent for the Secured Parties (in such capacity, together with any successor in such capacity, the “Collateral Agent”) and as collateral administrator (in such capacity, together with any successor in such capacity, the “Collateral Administrator”).
Designation of Collateral Administrator. (a) Initial Collateral Administrator. Until a successor Collateral Administrator is appointed in accordance with this Article XV, the Bank is hereby appointed as, and hereby accepts such appointment and agrees to perform the duties and obligations of Collateral Administrator pursuant to the terms hereof and of the other Facility Documents to which the Collateral Administrator is a party.
Designation of Collateral Administrator
