Common use of Release for Payment Clause in Contracts

Release for Payment. Upon receipt by the Document Custodian of the Collateral Manager’s Request for Release of Related Documents (which certification shall include a statement to the effect that all amounts received in connection with such payment or repurchase have been credited to the Collection Account as provided in this Agreement), the Document Custodian shall promptly release the Related Documents to the Collateral Manager.

Appears in 8 contracts

Sources: Revolving Credit and Security Agreement (Monroe Capital Income Plus Corp), Term Credit and Security Agreement (Monroe Capital Income Plus Corp), Revolving Credit and Security Agreement (Monroe Capital Income Plus Corp)

Release for Payment. Upon receipt by the Document Custodian of the Collateral Manager’s Request request for Release release of Related Documents documents and receipt in the form annexed hereto as Exhibit G (which certification shall include a statement to the effect that all amounts received in connection with such payment or repurchase have been credited to the Collection Account as provided in this Agreement), the Document Custodian shall promptly release the Related Documents to the Collateral Manager.

Appears in 8 contracts

Sources: Revolving Credit and Security Agreement (PennantPark Floating Rate Capital Ltd.), Revolving Credit and Security Agreement (PennantPark Floating Rate Capital Ltd.), Revolving Credit and Security Agreement (PennantPark Floating Rate Capital Ltd.)

Release for Payment. Upon receipt by the Document Collateral Custodian of the Collateral Manager’s Request request for Release release of Related Documents documents and receipt in the form of Exhibit L (which certification shall include a statement to the effect that all amounts received in connection with such payment or repurchase have been credited to the Collection Account as provided in this Agreement), the Document Collateral Custodian shall promptly release the Related related Required Loan Documents to the Collateral Manager.

Appears in 2 contracts

Sources: Loan and Servicing Agreement (KKR Enhanced US Direct Lending Fund-L Inc.), Loan and Servicing Agreement (KKR Enhanced US Direct Lending Fund-L Inc.)

Release for Payment. Upon receipt by the Document Custodian of the Collateral Manager’s Request request for Release release of Related Documents documents and receipt in the form annexed hereto as Exhibit I (which certification shall include a statement to the effect that all amounts received in connection with such payment or repurchase have been credited to the Collection Account as provided in this AgreementAccount), the Document Custodian shall promptly release the Related related Custodial Documents to the Collateral Manager.

Appears in 1 contract

Sources: Credit Agreement (AB Private Credit Investors Corp)