Administration and Management of Collateral Obligations Sample Clauses

Administration and Management of Collateral Obligations. 10098 Section 7.1 Retention and Termination of the Servicer 10098 Section 7.2 Resignation and Removal of the Servicer; Appointment of Successor Servicer 10098 Section 7.3 Duties of the Servicer 101100 Section 7.4 Representations and Warranties of the Servicer 102101 Section 7.5 Covenants Relating to the Servicer 105103 Section 7.6 Collateral Reporting 108107 Section 7.7 Procedural Review of Collateral Obligations; Access to Servicer and Servicer’s Records 108107 Section 7.8 Optional Sales 109108 Section 7.9 Repurchase or Substitution of Warranty Collateral Obligations 111110 -ii- Section 7.10 Lien Release Dividends 112110 ARTICLE VIII ACCOUNTS; PAYMENTS 114112 Section 8.1 Accounts 114112 Section 8.2 Excluded Amounts 116115 Section 8.3 Distributions, Reinvestment and Dividends 116115 Section 8.4 Fees 120119 Section 8.5 Monthly Report 120119 ARTICLE IX REPRESENTATIONS AND WARRANTIES OF THE BORROWER 121120 Section 9.1 Organization and Good Standing 121120 Section 9.2 Due Qualification 121120 Section 9.3 Power and Authority 122120 Section 9.4 Binding Obligations 122120 Section 9.5 Security Interest 122120 Section 9.6 No Violation 123121 Section 9.7 No Proceedings 123122 Section 9.8 No Consents 123122 Section 9.9 Solvency 124122 Section 9.10 Compliance with Laws 124122 Section 9.11 Taxes 124122 Section 9.12 Monthly Report 124123 Section 9.13 No Liens, Etc 124123 Section 9.14 Information True and Correct 125123 Section 9.15 No Sovereignty 125124 Section 9.16 Collateral 125124 -iii- Section 9.17 Selection Procedures 125124 Section 9.18 Indebtedness 125124 Section 9.19 No Injunctions 125124 Section 9.20 No Subsidiaries 125124 Section 9.21 ERISA Compliance 125124 Section 9.22 Investment Company Status 126124 Section 9.23 Set-Off, Etc 126124 Section 9.24 Collections 126124 Section 9.25 Value Given 126124 Section 9.26 Regulatory Compliance 126125 Section 9.27 Separate Existence 126125 Section 9.28 Transaction Documents 126125 Section 9.29 Compliance with Anti-Corruption Laws and Anti-Money Laundering Laws 127125 Section 9.30 Compliance with Sanctions 127125 Section 9.31 Beneficial Ownership Certification 127126 Section 9.32 Similar Law 127126 Section 9.33 Blocking Regulations and Anti-Boycott Regulations 127126 ARTICLE X COVENANTS 128126 Section 10.1 Protection of Security Interest of the Secured Parties 128126 Section 10.2 Other Liens or Interests 129127 Section 10.3 Costs and Expenses 129127 Section 10.4 Reserved 129127 Section 10.5 Separate Existence 129127 Sectio...
Administration and Management of Collateral Obligations. SECTION VII.1. Investment Manager. The management, administration and collection of the Collateral Obligations shall be conducted by the Person designated as Investment Manager from time to time in accordance with the Investment Management Agreement.
Administration and Management of Collateral Obligations. Section 7.1
Administration and Management of Collateral Obligations. 6567 Section 7.1 Retention and Termination of the Servicer 6567
Administration and Management of Collateral Obligations. THE EQUITYHOLDER 7474 Section 7.1 Retention and Termination of the Services Provider 7474
Administration and Management of Collateral Obligations. SECTION 1.1. Retention and Termination of the Servicer. The servicing, administering and collection of the Collateral Obligations shall be conducted by the Person designated as Servicer from time to time in accordance with this Section 7.1. Subject to early termination due to the occurrence of a Servicer Event of Default or as otherwise provided below in this Article VII (subject to Section 13.3(b)), the Borrower hereby designates the Equityholder, and the Equityholder hereby agrees to serve, as Servicer until the termination of this Agreement. USActive 57084911.14 -73- For the avoidance of doubt, the Servicer is not an agent of the Facility Agent, any Agent or any Lender.
Administration and Management of Collateral Obligations 

Related to Administration and Management of Collateral Obligations

  • Preservation of Collateral Following the occurrence of a Default or Event of Default, in addition to the rights and remedies set forth in Section 11.1 hereof, Agent: (a) may at any time take such steps as Agent deems necessary to protect Agent’s interest in and to preserve the Collateral, including the hiring of such security guards or the placing of other security protection measures as Agent may deem appropriate; (b) may employ and maintain at any of any Borrower’s premises a custodian who shall have full authority to do all acts necessary to protect Agent’s interests in the Collateral; (c) may lease warehouse facilities to which Agent may move all or part of the Collateral; (d) may use any Borrower’s owned or leased lifts, hoists, trucks and other facilities or equipment for handling or removing the Collateral; and (e) shall have, and is hereby granted, a right of ingress and egress to the places where the Collateral is located, and may proceed over and through any of Borrowers’ owned or leased property. Each Borrower shall cooperate fully with all of Agent’s efforts to preserve the Collateral and will take such actions to preserve the Collateral as Agent may direct. All of Agent’s expenses of preserving the Collateral, including any expenses relating to the bonding of a custodian, shall be charged to Borrowers’ Account as a Revolving Advance maintained as a Domestic Rate Loan and added to the Obligations.