Common use of Limitation on Release Clause in Contracts

Limitation on Release. During the occurrence and continuance of an Event of Default, the foregoing provision with respect to the release to the Borrower of the Required Loan Documents and documents by the Collateral Custodian upon request by the Collateral Manager shall be operative only to the extent that the Administrative Agent have consented to such release. Promptly after delivery to the Collateral Custodian of any request for release of documents, the Collateral Manager shall provide notice of the same to the Administrative Agent.

Appears in 4 contracts

Samples: Loan and Security Agreement (FS KKR Capital Corp), Loan and Security Agreement (KKR FS Income Trust), Loan and Security Agreement (FS KKR Capital Corp)

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Limitation on Release. During the occurrence and continuance of an Event of Default, the foregoing provision with respect to the release to the Borrower Collateral Manager of the Required Loan Documents and documents by the Collateral Document Custodian upon request by the Collateral Manager shall be operative only to the extent that the Administrative Agent have consented to such release. Promptly after delivery to the Collateral Document Custodian of any request for release of documents, the Collateral Manager shall provide notice of the same to the Administrative Agent.

Appears in 3 contracts

Samples: Loan and Security Agreement (Cim Real Estate Finance Trust, Inc.), Loan and Security Agreement (Cim Real Estate Finance Trust, Inc.), And Collateral Management Agreement (First Eagle Credit Opportunities Fund)

Limitation on Release. During the occurrence and continuance of an Event of Default, the foregoing provision with respect to the release to the Borrower Collateral Manager of the Required Loan Documents and documents by the Collateral Custodian upon request by the Collateral Manager shall be operative only to the extent that the Administrative Agent have consented to such release. Promptly after delivery to the Collateral Custodian of any request for release of documents, the Collateral Manager shall provide notice of the same to the Administrative Agent.

Appears in 2 contracts

Samples: And Collateral Management Agreement (Investcorp Credit Management BDC, Inc.), Assignment and Assumption Agreement (AGTB Private BDC)

Limitation on Release. During the occurrence and continuance of an Event of Default, the foregoing provision with respect to the release to the Borrower Investment Manager of the Required Loan Documents and documents by the Collateral Custodian upon request by the Collateral Investment Manager shall be operative only to the extent that the Administrative Agent have consented to such release. Promptly after delivery to the Collateral Custodian of any request for release of documents, the Collateral Investment Manager shall provide notice of the same to the Administrative Agent.

Appears in 2 contracts

Samples: And Investment Management Agreement (Investcorp Credit Management BDC, Inc.), Investment Management Agreement (Investcorp Credit Management BDC, Inc.)

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Limitation on Release. During the occurrence and continuance of an Event of Default, the foregoing provision with respect to the release to the Borrower Collateral Manager of the Required Loan Documents and documents by the Collateral Custodian Document Agent upon request by the Collateral Manager shall be operative only to the extent that the Administrative Agent have consented to such release. Promptly after delivery to the Collateral Custodian Document Agent of any request for release of documents, the Collateral Manager shall provide notice of the same to the Administrative Agent.

Appears in 1 contract

Samples: Security and Collateral Management Agreement (Phillip Street Middle Market Lending Fund LLC)

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