Common use of Selection Procedures Clause in Contracts

Selection Procedures. No procedures believed by the Borrower to be materially adverse to the interests of the Secured Parties were utilized by the Borrower in identifying and/or selecting the Loans that are part of the Collateral.

Appears in 48 contracts

Samples: Loan and Servicing Agreement (Prospect Capital Corp), Credit Agreement (Gladstone Investment Corporation\de), Credit Agreement (Gladstone Investment Corporation\de)

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Selection Procedures. No procedures believed by the Borrower to be materially adverse to the interests of the Secured Parties were utilized by the Borrower in identifying and/or selecting the Loans that are a part of the Collateral; provided that, this covenant shall be deemed satisfied with respect to the initial Loans acquired by the Borrower on the Effective Date.

Appears in 5 contracts

Samples: Credit Agreement (Trinity Capital Inc.), Credit Agreement (Trinity Capital Inc.), Credit Agreement (Trinity Capital Inc.)

Selection Procedures. No procedures believed by the Borrower Servicer to be materially adverse to the interests of the Secured Parties were utilized by the Borrower in identifying and/or selecting the Loans that are part of the Collateral.

Appears in 2 contracts

Samples: Loan Funding and Servicing Agreement (Kohlberg Capital CORP), Loan Funding and Servicing Agreement (Kohlberg Capital CORP)

Selection Procedures. No procedures believed by the Borrower to be materially adverse to the interests of the Secured Parties were utilized by the Borrower in identifying and/or selecting the Loans Collateral Debt Obligations that are part of the Collateral.

Appears in 2 contracts

Samples: Credit Agreement (GSC Investment Corp.), Credit Agreement (GSC Investment Corp.)

Selection Procedures. No procedures believed by the Borrower Loan Parties to be materially adverse to the interests of the Secured Parties were utilized by the Borrower Loan Parties in identifying and/or selecting the Loans that are part of the CollateralBorrowing Base Assets.

Appears in 2 contracts

Samples: Credit Agreement (Gladstone Commercial Corp), Credit Agreement (Gladstone Commercial Corp)

Selection Procedures. No procedures believed by the Borrower to be materially adverse to the interests of the Secured Parties were utilized by the Borrower in identifying and/or selecting the Loans that are part of the CollateralCollateral (which will not be deemed to include bona fide selection criteria applied by the Borrower in the ordinary course of its business and based on objective factors, including availability of funding, eligibility criteria, concentration limits and similar factors).

Appears in 1 contract

Samples: Credit Agreement (Brightwood Capital Corp I)

Selection Procedures. No procedures believed by the Borrower it to be materially adverse to the interests of the Secured Parties Purchasers were utilized by the Borrower it in identifying and/or selecting the Loans that are part of the CollateralMortgage Loans.

Appears in 1 contract

Samples: Securities Purchase Agreement (ECC Capital CORP)

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Selection Procedures. No procedures believed by the Borrower to be materially adverse to the interests of the Secured Parties were utilized by the Borrower in identifying and/or selecting the Loans that are part of the Collateral.. (k)

Appears in 1 contract

Samples: Credit Agreement (Gladstone Investment Corporation\de)

Selection Procedures. No procedures believed by the Borrower to that could be materially adverse to the -------------------- interests of the Secured Parties were utilized by the Borrower or the Originator in identifying and/or selecting the Loans that are part of the Collateral.

Appears in 1 contract

Samples: Loan Funding and Servicing Agreement (Healthcare Financial Partners Inc)

Selection Procedures. No procedures believed by the Borrower to be materially adverse to the interests of the Secured Parties were utilized by the Borrower in identifying and/or selecting the Loans that are part of the Collateral.

Appears in 1 contract

Samples: Credit Agreement (American Capital Strategies LTD)

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