Common use of Improper Instructions Clause in Contracts

Improper Instructions. Notwithstanding anything herein to the contrary, the Custodian shall not be obligated to take any action (or forebear from taking any action), which it reasonably determines (at its sole option) to be contrary to the terms of this Agreement or applicable law. In no instance shall the Custodian be obligated to provide services on any day that is not a Business Day.

Appears in 60 contracts

Samples: Custody Agreement (Antares Strategic Credit Fund), Form of Custody Agreement (Overland Advantage), Custody Agreement (Prospect Floating Rate & Alternative Income Fund, Inc.)

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Improper Instructions. Notwithstanding anything herein to the contrary, the Custodian shall not be obligated to take any action (or forebear from taking any action), which it reasonably determines (at its sole option) to be contrary to the terms of this Agreement or applicable law. In no instance shall the Custodian be obligated to provide services on any day that is not a Business Day.

Appears in 38 contracts

Samples: Custody Agreement (New Mountain Guardian IV BDC, L.L.C.), Custody Agreement (OFS Capital Corp), Custody Agreement (Palmer Square Capital BDC Inc.)

Improper Instructions. Notwithstanding anything herein to the contrary, the Custodian shall not be obligated to take any action (or forebear from taking any action), which it reasonably determines (at its sole option) to be contrary to the terms of this Agreement or applicable lawApplicable Law. In no instance shall the Custodian be obligated to provide services on any day that is not a Business Day.

Appears in 13 contracts

Samples: Credit and Security Agreement (Blue Owl Credit Income Corp.), Credit and Security Agreement (Blue Owl Technology Income Corp.), Credit and Security Agreement (Owl Rock Technology Income Corp.)

Improper Instructions. Notwithstanding anything herein to the contrary, the Custodian shall not be obligated to take any action (or forebear forbear from taking any action), which it reasonably determines (at its sole option) to be contrary to the terms of this Agreement or applicable law. In no instance shall the Custodian be obligated to provide services on any day that is not a Business Day.

Appears in 4 contracts

Samples: Custody Agreement (New Mountain Guardian III BDC, L.L.C.), Custody Agreement (Suro Capital Corp.), Custody Agreement (Panagram Capital, LLC)

Improper Instructions. Notwithstanding anything herein in this Agreement to the contrary, the Custodian shall not be obligated to take any action (or forebear from taking any action), which it reasonably determines (at its sole option) to be contrary to the terms of this Agreement or applicable law. In no instance shall the Custodian be obligated to provide services on any day that is not a Business Day.

Appears in 4 contracts

Samples: Custody Agreement (Terra Income Fund 6, Inc.), Custody Agreement (BUSINESS DEVELOPMENT Corp OF AMERICA II), Custody Agreement (Terra Income Fund 6, Inc.)

Improper Instructions. Notwithstanding anything herein to the contrary, the Custodian or Document Custodian shall not be obligated to take any action (or forebear from taking any action), which it reasonably determines (at its sole option) to be contrary to the terms of this Agreement or applicable law. In no instance shall the Custodian or Document Custodian be obligated to provide services on any day that is not a Business Day.

Appears in 3 contracts

Samples: Custody Agreement (YieldStreet Prism Fund Inc.), Custody Agreement (IDR Core Property Index Fund LTD), Custody Agreement (YieldStreet Prism Fund Inc.)

Improper Instructions. Notwithstanding anything herein to the contrary, the Custodian shall not be obligated to take any action (or forebear from taking any action), which it reasonably in good faith determines (at its sole option) to be contrary to the terms of this Agreement or applicable law. In no instance shall the Custodian be obligated to provide services on any day that is not a Business Day.

Appears in 1 contract

Samples: Custody Agreement (Great Elm Capital Corp.)

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Improper Instructions. Notwithstanding anything herein to the contrary, the Custodian shall not be obligated to take any action (or forebear from taking any action), which it reasonably determines (at its sole option) to be contrary to the terms of this Agreement or applicable lawApplicable Law. In no instance shall the Custodian be obligated to provide services on any day that is not a Business Day.. -144- USActive 55502425.1255502425.13

Appears in 1 contract

Samples: Credit and Security Agreement (Blackstone Private Credit Fund)

Improper Instructions. Notwithstanding anything herein to the contrary, the Custodian shall not be obligated to take any action (or forebear from taking any action), which it reasonably determines (at its sole option) to be contrary to the terms tenns of this Agreement or applicable law. In no instance shall the Custodian be obligated to provide services on any day that is not a Business Day.

Appears in 1 contract

Samples: Custody Agreement (OFS Credit Company, Inc.)

Improper Instructions. Notwithstanding anything herein to the contrary, the Custodian shall not be obligated to take any action (or forebear refrain from taking any action), which it reasonably determines (at its sole option) to be contrary to the terms of this Agreement or applicable lawApplicable Law. In no instance shall the Custodian be obligated to provide services on any day that is not a Business Day.

Appears in 1 contract

Samples: Custodian Agreement (Pennantpark Investment Corp)

Improper Instructions. Notwithstanding anything herein to the contrary, the Custodian shall not be obligated to take any action (or forebear from taking any action), which it reasonably determines (at its sole option) to be contrary to the terms of this Agreement or applicable lawApplicable Law. In no instance shall the Custodian be obligated to provide services on any day that is not a Business Day.. 106

Appears in 1 contract

Samples: Credit and Security Agreement (TICC Capital Corp.)

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