Rights of the Purchaser. (a) After the occurrence or declaration of the Facility Maturity Date, the Seller hereby authorizes the Purchaser, the Servicer, the Trustee, the Agent, the Note Purchaser and/or their respective designees or assignees to take any and all steps in Seller’s name and on behalf of the Seller that the Purchaser, the Servicer, the Trustee, the Agent, the Note Purchaser and/or their respective designees or assignees determine are reasonably necessary or appropriate to collect all amounts due under any and all Sale Portfolio and to enforce or protect the Purchaser’s, the Trustee’s, the Agent’s and the Note Purchaser’s rights under this Agreement, including endorsing the name of the Seller on checks and other instruments representing Interest Collections and Principal Collections and enforcing such Sale Portfolio.
Appears in 4 contracts
Samples: Purchase and Sale Agreement (Ares Capital Corp), Second Tier Purchase and Sale Agreement (Ares Capital Corp), First Tier Purchase and Sale Agreement (Ares Capital Corp)
Rights of the Purchaser. (a) After the occurrence or declaration and during the continuance of the Facility Maturity Datean Event of Default, the Seller hereby authorizes the Purchaser, the ServicerCollateral Manager, the Trustee, the Collateral Agent, the Note Purchaser Administrative Agent, and/or their respective designees or assignees to take any and all steps in Seller’s name and on behalf of the Seller that the Purchaser, the ServicerCollateral Manager, the Trustee, the Collateral Agent, the Note Purchaser Administrative Agent and/or their respective designees or assignees determine are reasonably necessary or appropriate to collect all amounts due under any and all Sale Portfolio Transferred Assets and to enforce or protect the Purchaser’s, the TrusteeCollateral Agent’s, the Administrative Agent’s and the Note Purchaser’s Lenders’ rights under this Agreement, including endorsing the name of the Seller on checks and other instruments representing Interest Collections Proceeds and Principal Collections Proceeds and enforcing such Sale PortfolioTransferred Assets.
Appears in 3 contracts
Samples: Sale and Contribution Agreement (Blue Owl Credit Income Corp.), Sale and Contribution Agreement (Owl Rock Technology Income Corp.), Sale and Contribution Agreement (Apollo Debt Solutions BDC)
Rights of the Purchaser. (a) After the occurrence or declaration of the Facility Maturity Date, the Seller hereby authorizes the Purchaser, the Servicer, the Trustee, the Agent, the Note Purchaser Agent and/or their respective designees or assignees to take any and all steps in Seller’s name and on behalf of the Seller that the Purchaser, the Servicer, the Trustee, the Agent, the Note Purchaser Agent and/or their respective designees or assignees determine are reasonably necessary or appropriate to collect all amounts due under any and all Sale Portfolio and to enforce or protect the Purchaser’s, the Trustee’s, the Agent’s and the Note Purchaser’s Lenders’ rights under this Agreement, including endorsing the name of the Seller on checks and other instruments representing Interest Collections and Principal Collections and enforcing such Sale Portfolio.
Appears in 2 contracts
Samples: Second Tier Purchase and Sale Agreement (Ares Capital Corp), Purchase and Sale Agreement (Ares Capital Corp)
Rights of the Purchaser. (a) After the occurrence or declaration of the Facility Maturity Date, the Seller hereby authorizes the Purchaser, the Servicer, the Trustee, the Agent, the Note Purchaser and/or their respective designees or assignees to take any and all steps in Seller’s name and on behalf of the Seller that the Purchaser, the Servicer, the Trustee, the Agent, the Note Purchaser Agent and/or their respective designees or assignees determine are reasonably necessary or appropriate to collect all amounts due under any and all Sale Portfolio and to enforce or protect the Purchaser’s, the Trustee’s, the Agent’s and the Note Purchaser’s Lenders’ rights under this Agreement, including endorsing the name of the Seller on checks and other instruments representing Interest Collections and Principal Collections and enforcing such Sale Portfolio.
Appears in 2 contracts
Samples: Second Tier Purchase and Sale Agreement (Ares Capital Corp), Second Tier Purchase and Sale Agreement (Ares Capital Corp)
Rights of the Purchaser. (a) After the occurrence or declaration of the Facility Maturity Date, the Seller hereby authorizes the Purchaser, the Servicer, the Trustee, the Collateral Agent, the Note Purchaser Administrative Agent, the Lender and/or their respective designees or assignees to take any and all steps in Seller’s name and on behalf of the Seller that the Purchaser, the Servicer, the Trustee, the Collateral Agent, the Note Purchaser Administrative Agent, the Lender and/or their respective designees or assignees determine are reasonably necessary or appropriate to collect all amounts due under any and all Sale Portfolio and to enforce or protect the Purchaser’s, the TrusteeCollateral Agent’s, the Administrative Agent’s and the Note PurchaserLender’s rights under this Agreement, including endorsing the name of the Seller on checks and other instruments representing Interest Collections and Principal Collections and enforcing such Sale Portfolio.
Appears in 1 contract
