Ineligible Collateral. At the direction of the Facility Agent (in its sole discretion), the Borrower shall, in a commercially reasonable manner, divest any asset that does not satisfy the definition of “Eligible Collateral Obligation” or “Permitted Investment”. The Facility Agent agrees to cooperate in good faith with any waivers necessary to permit such divestiture. Notwithstanding anything in this Agreement to the contrary, any divestiture pursuant to this Section 10.25 shall be deemed not to be a breach of Section 9.28, Section 10.5(aa) or Section 13.1(p).
Appears in 2 contracts
Sources: Loan Financing and Servicing Agreement (Oaktree Strategic Credit Fund), Loan Financing and Servicing Agreement (Oaktree Strategic Credit Fund)