Common use of Backup Servicing Agreement Clause in Contracts

Backup Servicing Agreement. If this Agreement is amended to increase the Commitments and join additional Lenders other than AloStar to this Agreement, then Borrower shall, within thirty (30) days after the date of such amendment, enter into a backup servicing agreement with a Backup Servicer in form and substance satisfactory to Agent.

Appears in 1 contract

Sources: Loan and Security Agreement (Flat Rock Capital Corp.)

Backup Servicing Agreement. If this Agreement is amended to increase the Commitments and join additional Lenders other than AloStar Cadence to this Agreement, then then, upon the Agent’s request, Borrower shall, within thirty (30) days after the date of such amendment, enter into a backup servicing agreement with a Backup Servicer in form and substance satisfactory to Agent.

Appears in 1 contract

Sources: Loan and Security Agreement (Flat Rock Core Income Fund)