Common use of Initial Deposits Clause in Contracts

Initial Deposits. On the initial Funding Date with respect to any Loan, the Collateral Manager will deposit or cause to be deposited into the Collection Account all Collections received in respect of such Loan on such initial Funding Date. The Borrower shall confirm to the Administrative Agent in writing when it has provided each such payment instruction.

Initial Deposits. On the initial Funding Date with respect to any Loan, the Collateral Manager will deposit or cause to be deposited into the Collection Account all Collections received in respect of such Loan on such initial Funding Date. The Borrower shall confirm to the Administrative Agent in writing when it has provided each such payment instruction.. USActive 57310676.6USActive 60324964.3

Initial Deposits. On Commencing on the initial Funding Date with respect to any Loan, the Collateral Manager will deposit or cause to be deposited into the applicable Collection Account all Collections received in respect of such Loan on and after such initial Funding Date. The Borrower shall confirm to the Administrative Agent in writing when it has provided each such payment instruction.

Initial Deposits. On the initial Funding Date with respect to any Loan or Additional Loan, the Collateral Investment Manager will shall deposit or cause to be deposited into the Collection Account all Collections Collections, if any, received on or before such Funding Date in respect of such Loan Loans being transferred to and included as part of the Collateral on such initial Funding Datedate. The Borrower shall confirm to the Administrative Agent in writing when it has provided each such payment instruction.[Investcorp] Loan and Security Agreement

Initial Deposits. On the initial Funding Date with respect to any LoanPortfolio Investment, the Collateral Manager will deposit or cause to be deposited into the Collection Account all Collections received in respect of such Loan Portfolio Investment on such initial Funding Date. The Borrower shall confirm to the Administrative Agent in writing when it has provided each such payment instruction.

Initial Deposits. On the initial Funding Date with respect to any Loan, the Collateral Manager will deposit or cause to be deposited into the Collection Account all Collections received in respect of such Loan on such initial Funding Date. The Borrower shall confirm to the Administrative Agent in writing when it has provided each such payment instruction.. (d)