Common use of Initial Deposits Clause in Contracts

Initial Deposits. On and after the Addition Date with respect to any Loan, the Servicer will deposit into the Collection Account all Available Collections received in respect of Eligible Loan Assets being transferred to and included as part of the Collateral Portfolio on such date.

Appears in 3 contracts

Sources: Loan and Servicing Agreement (FS KKR Capital Corp), Loan and Servicing Agreement (FS KKR Capital Corp), Loan and Servicing Agreement (FS Investment Corp II)

Initial Deposits. On and after the Addition Funding Date with respect to any Loan, the Servicer will deposit into the Collection Account all Available Collections received in respect of Eligible Loan Assets Loans being transferred to and included as part of the Collateral Portfolio on such date.

Appears in 2 contracts

Sources: Loan and Servicing Agreement (North Haven Private Income Fund LLC), Loan and Servicing Agreement (North Haven Private Income Fund LLC)