Common use of Amendments to Collateral Assets Clause in Contracts

Amendments to Collateral Assets. The Borrower (and the Collateral Manager on its behalf) shall not consent to any amendment or waiver of or supplement to any Collateral Asset or any Related Document for any Collateral Asset (i) that would result in a Default an Event of Default or (ii) after the occurrence and during the continuance of an Event of Default. The Borrower (and the Collateral Manager on its behalf) shall not consent to any extension or postponement of the maturity date with respect to any Collateral Asset without the prior written consent of the Administrative Agent; provided that the Administrative Agent shall use reasonable efforts to reply to any such request for consent within seven (7) days of such request. It is understood and agreed that any failure to provide consent within seven (7) days shall not in any way prejudice the consent rights of the Administrative Agent hereunder.

Appears in 3 contracts

Sources: Amendment No. 2 to Facility Documents (Blue Owl Technology Income Corp.), Credit and Security Agreement (Blue Owl Technology Income Corp.), Credit and Security Agreement (Owl Rock Technology Income Corp.)