Common use of The Collateral Accounts Clause in Contracts

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