Declaration of Distributions. Company must provide Computershare with written notice from an Authorized Person of any declaration of a distribution. Computershare will initiate distribution payments to Shareholders, as applicable, to the extent that Computershare receives sufficient funds from Company in advance of such initiation. The payment of such funds to Computershare for the purpose of being available for the payment of distributions from time to time is not intended by Company to confer any rights in such funds on Shareholders, as applicable, whether in trust, contract, or otherwise.
Appears in 2 contracts
Sources: Transfer Agency and Service Agreement (Audax Private Credit Fund, LLC), Transfer Agency and Service Agreement (Jefferies Credit Partners BDC Inc.)
Declaration of Distributions. Company must provide Computershare with written notice from an Authorized Person of any declaration of a distribution. Computershare will initiate distribution payments to Company Shareholders, as applicable, to the extent that Computershare receives sufficient funds from Company in advance of such initiation. The payment of such funds to Computershare for the purpose of being available for the payment of distributions from time to time is not intended by Company to confer any rights in such funds on Company Shareholders, as applicable, whether in trust, contract, or otherwise.
Appears in 1 contract
Sources: Transfer Agency and Service Agreement (Nuveen Churchill Direct Lending Corp.)
Declaration of Distributions. Company must provide Computershare with written notice from an Authorized Person of any declaration of a distribution. Computershare will initiate distribution payments to Shareholders, as applicable, Company Shareholders to the extent that Computershare receives sufficient funds from Company in advance of such initiation. The payment of such funds to Computershare for the purpose of being available for the payment of distributions from time to time is not intended by each Company to confer any rights in such funds on Company Shareholders, as applicable, whether in trust, contract, or otherwise.
Appears in 1 contract
Sources: Transfer Agency and Service Agreement (Eagle Point Credit Co Inc.)