Common use of Rights of the Buyer Clause in Contracts

Rights of the Buyer. (a) The Seller hereby authorizes the Buyer, the Collateral Manager, the Collateral Agent and the Administrative Agent, on behalf of the Secured Parties, and/or their respective designees or assignees to each take any and all steps in the Seller’s name and on behalf of the Seller that the Buyer, the Collateral Manager, the Collateral Agent and/or the Administrative Agent, on behalf of the Secured Parties, and/or their respective designees or assignees determine are reasonably necessary or appropriate to collect all amounts due under any and all Transferred Assets and to enforce or protect the Buyer’s, the Administrative Agent’s and the Collateral Agent’s, on behalf of the Secured Parties, rights under this Agreement, including endorsing the name of the Seller on checks and other instruments representing Collections and enforcing such Transferred Assets.

Appears in 3 contracts

Samples: Sale, Contribution and Master Participation Agreement (Oxford Square Capital Corp.), Sale, Contribution and Master Participation Agreement (Oxford Square Capital Corp.), Contribution and Master Participation Agreement (TICC Capital Corp.)

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Rights of the Buyer. (a) The Seller hereby authorizes the Buyer, the Collateral Investment Manager, the Collateral Agent and the Administrative Agent, on behalf of the Secured Parties, as applicable, and/or their respective designees or assignees to each take any and all steps in the Seller’s name and on behalf of the Seller that the Buyer, the Collateral Investment Manager, the Collateral Agent and/or the Administrative Agent, on behalf of the Secured Parties, as applicable, and/or their respective designees or assignees determine are reasonably necessary or appropriate to collect all amounts due under any and all Transferred Assets and to enforce or protect the Buyer’s, the Administrative Agent’s and the Collateral Agent’s, on behalf of the Secured Parties, as applicable, rights under this Agreement, including endorsing the name of the Seller on checks and other instruments representing Collections and enforcing such Transferred Assets.

Appears in 1 contract

Samples: Sale and Contribution Agreement (Investcorp Credit Management BDC, Inc.)

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Rights of the Buyer. (a) The Seller hereby authorizes the Buyer, the Collateral Manager, the Collateral Agent Manager and the Administrative Agent, on behalf of the Secured Parties, and/or their respective designees or assignees to each take any and all steps in the Seller’s name and on behalf of the Seller that the Buyer, the Collateral Manager, the Collateral Agent and/or Manager and the Administrative Agent, on behalf of the Secured Parties, and/or their respective designees or assignees determine are reasonably necessary or appropriate to collect all amounts due under any and all Transferred Assets and to enforce or protect the Buyer’s, the Administrative Agent’s and the Collateral Administrative Agent’s, on behalf of the Secured Parties, rights under this Agreement, including endorsing the name of the Seller on checks and other instruments representing Collections and enforcing such Transferred Assets.

Appears in 1 contract

Samples: Sale and Contribution Agreement (First Eagle Credit Opportunities Fund)

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