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 5 contracts

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

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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 4 contracts

Samples: 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.)

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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. Section 14.09.

Appears in 1 contract

Samples: Revolving Credit and Security Agreement (Monroe Capital Income Plus Corp)

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