Common use of Facility Agent Approval Clause in Contracts

Facility Agent Approval. In connection with the acquisition of any Collateral Obligation by the Borrower or the incremental pledge of any Collateral Obligation owned by the Borrower, (1) the Borrower shall have received an Asset Approval Notice with respect to such Collateral Obligation from the Facility Agent and (2) the Borrower (or the Servicer on its behalf) shall have given electronic notice back to the Facility Agent that it acknowledges and agrees to the terms set forth in the related Asset Approval Notice;

Appears in 4 contracts

Samples: Financing and Servicing Agreement (Capital Southwest Corp), Loan Financing and Servicing Agreement (MSD Investment Corp.), Financing and Servicing Agreement (MSD Investment Corp.)

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Facility Agent Approval. In connection with the acquisition of any Collateral Obligation Contract by the Borrower or the incremental pledge of any Collateral Obligation Contract owned by the Borrower, (1) the Borrower shall have received an Asset Approval Notice with respect to such Collateral Obligation Contract from the Facility Agent and (2) the Borrower (or the Servicer Collateral Manager on its behalf) shall have given electronic notice back to the Facility Agent that it acknowledges and agrees to the terms set forth in the related Asset Approval Notice;

Appears in 3 contracts

Samples: Receivables Financing Agreement (TriplePoint Private Venture Credit Inc.), Receivables Financing Agreement (TriplePoint Private Venture Credit Inc.), Receivables Financing Agreement (TriplePoint Private Venture Credit Inc.)

Facility Agent Approval. In connection with the acquisition of any Collateral Obligation by the Borrower or the incremental pledge of any Collateral Obligation owned by the Borrower, (1) the Borrower shall have received an Asset Approval Notice with respect to such Collateral Obligation from the Facility Agent and (2) the Borrower (or the Servicer on its behalf) shall have given electronic notice back to the Facility Agent that it acknowledges and agrees to the terms set forth in the related Asset Approval Notice;

Appears in 2 contracts

Samples: Loan Financing and Servicing Agreement (Oaktree Specialty Lending Corp), Financing and Servicing Agreement (Oaktree Strategic Income Corp)

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Facility Agent Approval. In connection with the acquisition of any Collateral Obligation by the Borrower Borrower, or the incremental pledge of any Collateral Obligation owned by the Borrower, (1) the Borrower shall have received a copy of an Asset Approval Notice with respect to such Collateral Obligation from the Facility Agent (who shall forward a copy to the Collateral Agent, who shall forward a copy to each Agent) and (2) the Borrower (or the Servicer on its behalf) shall have given electronic notice back to the Facility Agent that it acknowledges and agrees to the terms set forth in the related Asset Approval Notice;

Appears in 1 contract

Samples: Financing and Servicing Agreement (Blackstone Private Credit Fund)

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