Common use of The Collateral Accounts Clause in Contracts

The Collateral Accounts. In order to secure the Credit Party’s payment and performance of the Obligations and to effect and facilitate the right of the Secured Parties, each Borrower shall require that each of its Investors wire transfer to such Credit Party’s Collateral Account all monies or sums paid or to be paid by the Investors pursuant to Drawdowns. In addition, the Borrower shall promptly deposit into its Collateral Account any payments and monies that such Credit Party receives directly from Investors as Capital Contributions.

The Collateral Accounts. In order to secure further the Credit Party’s payment and the performance of the Obligations and to effect and facilitate the right of the Secured Parties, each Borrower Fund Party shall require that each of its Investors wire transfer to such Credit Fund Party’s Collateral Account all monies or sums paid or to be paid by the Investors pursuant to Drawdowns. Capital Calls; In addition, each of the Borrower Fund Parties shall promptly deposit into its their respective Collateral Account any payments and monies that such Credit Party receives directly from Investors as Capital Contributions.

The Collateral Accounts. In order to secure further the Credit Party’s payment and the performance of the Obligations and to effect and facilitate the right of the Secured Parties, each Borrower the Fund Parties shall require that each of its Investors in the Fund Parties wire transfer to such Credit Fund Party’s Collateral Account all monies or sums paid or to be paid by the Investors pursuant to DrawdownsCapital Calls. In addition, the Borrower each Credit Party shall promptly deposit into its the applicable Collateral Account any payments and monies that such Credit Party receives directly from Investors as Capital Contributions.