Common use of Failure to Provide Accounting Clause in Contracts

Failure to Provide Accounting. If the Collateral Agent shall not have received any accounting provided for in this Section 8.07 on the first Business Day after the date on which such accounting is due to the Collateral Agent, the Collateral Agent shall notify the Collateral Manager who shall use reasonable efforts to obtain such accounting by the applicable Payment Date. For the avoidance of doubt, the Borrower has engaged the Collateral Administrator pursuant to the Collateral Administration Agreement to compile and provide the information and reports to be provided in this Section 8.07.

Appears in 5 contracts

Samples: Credit and Security Agreement (Business Development Corp of America), Credit and Security Agreement (Business Development Corp of America), Credit and Security Agreement (Business Development Corp of America)

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Failure to Provide Accounting. If the Collateral Agent shall not have received any accounting provided for in this Section 8.07 8.06 on the first Business Day after the date on which such accounting is due to the Collateral Agent, the Collateral Agent shall notify the Collateral Manager who shall use all reasonable efforts to obtain such accounting by the applicable Payment Monthly Reporting Date. For the avoidance of doubt, the Borrower has engaged the Collateral Administrator pursuant to the Collateral Administration Agreement to compile and provide the information and reports to be provided in this Section 8.07.

Appears in 2 contracts

Samples: Credit Agreement (Main Street Capital CORP), Credit and Security Agreement (Main Street Capital CORP)

Failure to Provide Accounting. If the Collateral Agent shall not have received any accounting provided for in this Section 8.07 on the first Business Day after the date on which such accounting is due to the Collateral Agent, the Collateral Agent shall notify the Collateral Manager Borrower, who shall use reasonable efforts to obtain such accounting by the applicable Payment Date. For the avoidance of doubt, the Borrower has engaged the Collateral Administrator pursuant to the Collateral Administration Agreement Section 15.01 hereof to compile and provide the information and reports to be provided in this Section 8.07.

Appears in 1 contract

Samples: Credit and Security Agreement (FS Investment Corp II)

Failure to Provide Accounting. If the Collateral Agent shall not have received any accounting provided for in this Section 8.07 8.09 on the first Business Day after the date on which such accounting is due to the Collateral Agent, the Collateral Agent shall notify the Collateral Manager Borrower, who shall use reasonable efforts to obtain such accounting by the applicable Payment Date. For the avoidance of doubt, the Borrower has engaged the Collateral Administrator pursuant to the Collateral Administration Agreement Article XV hereof to compile and provide the information and reports to be provided in this Section 8.078.09.

Appears in 1 contract

Samples: Credit and Security Agreement (Bain Capital Specialty Finance, Inc.)

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Failure to Provide Accounting. If the Collateral Agent shall not have received any accounting provided for in this Section 8.07 8.08 on the first Business Day after the date on which such accounting is due to the Collateral Agent, the Collateral Agent shall notify the Collateral Manager who shall use reasonable efforts to obtain such accounting by the applicable Payment Date. For the avoidance of doubt, the Borrower has engaged the Collateral Administrator pursuant to the Collateral Administration Agreement to compile and provide the information and reports to be provided in this Section 8.078.08.

Appears in 1 contract

Samples: Credit and Security Agreement (Oxford Square Capital Corp.)

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