Common use of Initial Collateral Custodian Clause in Contracts

Initial Collateral Custodian. The role of collateral custodian with respect to the Required Asset Documents shall be conducted by the Person designated as Collateral Custodian hereunder from time to time in accordance with this Section 8.1. Until the Administrative Agent shall give to ▇▇▇▇▇ Fargo a Collateral Custodian Termination Notice, ▇▇▇▇▇ Fargo is hereby designated as, and hereby agrees to perform the duties and obligations of, Collateral Custodian pursuant to the terms hereof.

Appears in 13 contracts

Sources: Sale and Servicing Agreement (Capitalsource Inc), Sale and Servicing Agreement (Capitalsource Inc), Sale and Servicing Agreement (Capitalsource Inc)

Initial Collateral Custodian. The role of collateral custodian with respect to the Required Asset Documents shall be conducted by the Person designated as Collateral Custodian hereunder from time to time in accordance with this Section 8.1. Until the Administrative Agent shall give to W▇▇▇▇ Fargo a Collateral Custodian Termination Notice, W▇▇▇▇ Fargo is hereby designated as, and hereby agrees to perform the duties and obligations of, Collateral Custodian pursuant to the terms hereof.

Appears in 11 contracts

Sources: Sale and Servicing Agreement (Capitalsource Inc), Sale and Servicing Agreement (Capitalsource Inc), Sale and Servicing Agreement (Capitalsource Inc)

Initial Collateral Custodian. The role of collateral custodian with respect to the Required Asset Documents Underlying Instruments shall be conducted by the Person designated as Collateral Custodian hereunder from time to time in accordance with this Section 8.17.1. Until the Administrative Agent shall give to ▇▇▇▇▇ Fargo a Collateral Custodian Termination Notice, ▇▇▇▇▇ Fargo is hereby designated appointed as, and hereby accepts such appointment and agrees to perform the duties and obligations of, Collateral Custodian pursuant to the terms hereof.

Appears in 10 contracts

Sources: Loan and Security Agreement (NMF SLF I, Inc.), Loan and Security Agreement (New Mountain Finance Corp), Loan and Security Agreement (New Mountain Guardian III BDC, L.L.C.)

Initial Collateral Custodian. The role of collateral custodian with respect to the Required Asset Documents Underlying Instruments shall be conducted by the Person designated as Collateral Custodian hereunder from time to time in accordance with this Section 8.17.1. Until the Administrative Agent shall give to W▇▇▇▇ Fargo a Collateral Custodian Termination Notice, W▇▇▇▇ Fargo is hereby designated appointed as, and hereby accepts such appointment and agrees to perform the duties and obligations of, Collateral Custodian pursuant to the terms hereof.

Appears in 6 contracts

Sources: Loan and Security Agreement (New Mountain Guardian III BDC, L.L.C.), Loan and Security Agreement (New Mountain Guardian III BDC, L.L.C.), Loan and Security Agreement (New Mountain Guardian III BDC, L.L.C.)

Initial Collateral Custodian. The role of collateral custodian with respect to the Required Asset Loan Documents shall be conducted by the Person designated as Collateral Custodian hereunder from time to time in accordance with this Section 8.1. Until the Administrative Agent shall give to ▇▇▇▇▇ Fargo a Collateral Custodian Termination Notice, ▇▇▇▇▇ Fargo is hereby designated as, and hereby agrees to perform the duties and obligations of, Collateral Custodian pursuant to the terms hereof.

Appears in 3 contracts

Sources: Sale and Servicing Agreement (Capitalsource Inc), Sale and Servicing Agreement (Capitalsource Inc), Sale and Servicing Agreement (Capitalsource Inc)

Initial Collateral Custodian. The role of collateral custodian with respect to the Required Asset Loan Documents shall be conducted by the Person designated as Collateral Custodian hereunder from time to time in accordance with this Section 8.18. 1. Until the Administrative Agent shall give to ▇▇▇▇▇ Fargo a Collateral Custodian Termination Notice, ▇▇▇▇▇ Fargo is hereby designated as, and hereby agrees to perform the duties and obligations of, Collateral Custodian pursuant to the terms hereof.

Appears in 2 contracts

Sources: Loan Certificate and Servicing Agreement (Capitalsource Inc), Loan Certificate and Servicing Agreement (Capitalsource Inc)

Initial Collateral Custodian. The role of collateral custodian with respect to the Required Asset Loan Documents shall be conducted by the Person designated as Collateral Custodian hereunder from time to time in accordance with this Section 8.1. Until the Administrative Agent shall give to W▇▇▇▇ Fargo a Collateral Custodian Termination Notice, W▇▇▇▇ Fargo is hereby designated as, and hereby agrees to perform the duties and obligations of, Collateral Custodian pursuant to the terms hereof.

Appears in 1 contract

Sources: Loan Certificate and Servicing Agreement (Capitalsource Inc)

Initial Collateral Custodian. The role of collateral custodian with respect to the Required Asset Documents Underlying Instruments shall be conducted by the Person designated as Collateral Custodian hereunder from time to time in accordance with this Section 8.17. 1. Until the Administrative Agent shall give to ▇▇▇▇▇ Fargo a Collateral Custodian Termination Notice, USActive 37382726.2937382726.32 107 ▇▇▇▇▇ Fargo is hereby designated appointed as, and hereby accepts such appointment and agrees to perform the duties and obligations of, Collateral Custodian pursuant to the terms hereof.

Appears in 1 contract

Sources: Loan and Security Agreement (New Mountain Finance Corp)