Change in Payment Instructions. The Manager will not make any change in its instructions to (i) if the Borrower is the lender of record of the Loan Assets, payors on the Loan Assets or (ii) otherwise, the selling institutions of participation interests in the Loan Assets regarding payments to be made with respect to the Collateral to the Collection Account, unless the Administrative Agent has consented to such change (such consent not to be unreasonably withheld, delayed or conditioned).
Appears in 2 contracts
Sources: Loan and Security Agreement (Stepstone Private Credit Fund LLC), Loan and Security Agreement (Stepstone Private Credit Fund LLC)