Common use of Set-Up / File Maintenance Clause in Contracts

Set-Up / File Maintenance. (i) Service Provider shall accept from each Fund or its designee the relevant information pertaining to the Loans and thereafter maintain paper or electronic copies of same in Service Provider’s system, including as available or appropriate, copies of all new assignment and acceptance agreements, funding memoranda, and current loan or credit agreements. (ii) Service Provider shall record daily interest accruals for each Loan held in any Fund. (iii) Service Provider shall record and process validated interest, principal and fee payments to such Fund’s designated account. (iv) Service Provider shall record and process rollovers, re-pricings, conversions and margin changes for Loans held in any Fund.