Obligor Notification Forms. The Borrower shall furnish each of the Administrative Agent and the Trustee with an appropriate power of attorney to send (at the Administrative Agent’s discretion after the occurrence of a Termination Event which has not been otherwise waived) Obligor notification forms to give notice to the Obligors of the Trustee’s interest on behalf of the Secured Parties in the Collateral and the obligation to make payments as directed by the Administrative Agent.
Appears in 3 contracts
Sources: Revolving Credit Agreement (NewStar Financial, Inc.), Revolving Credit Agreement (NewStar Financial, Inc.), Revolving Credit Agreement (NewStar Financial, Inc.)
Obligor Notification Forms. The Borrower shall furnish each of the Administrative Agent and the Trustee with an appropriate power of attorney to send (at the direction of the Administrative Agent’s discretion Agent after the occurrence and during the continuance of a Termination Event which has not been otherwise waivedEvent) Obligor notification forms to give notice to the Obligors and/or any appropriate agent with respect to any Agented Loan of the Trustee’s interest on behalf in the Collateral for the benefit of the Secured Parties in the Collateral and the obligation to make payments as directed by the Trustee acting at the direction of the Administrative Agent.
Appears in 2 contracts
Sources: Loan and Servicing Agreement (NewStar Financial, Inc.), Loan and Servicing Agreement (NewStar Financial, Inc.)
Obligor Notification Forms. The Borrower shall furnish each of the Administrative Agent and the Trustee with an appropriate power of attorney to send (at the Administrative Agent’s discretion after the occurrence of a Termination Event which has not been otherwise waivedor an Unmatured Termination Event) Obligor notification forms to give notice to the Obligors of the Trustee’s Secured Parties’ interest on behalf of the Secured Parties in the Collateral and the obligation to make payments as directed by the Administrative Agent.
Appears in 2 contracts
Sources: Secured Loan and Servicing Agreement (NewStar Financial, Inc.), Secured Loan and Servicing Agreement (NewStar Financial, Inc.)
Obligor Notification Forms. The Borrower shall furnish each of the Trustee and the Administrative Agent and the Trustee with an appropriate power of attorney to send (at the Trustee’s discretion, or at the Administrative Agent’s discretion on the Trustee’s behalf, after the occurrence of a Termination Event which has not been otherwise waivedEvent) Obligor notification forms to give notice to the Obligors of the Trustee’s Secured Parties’ interest on behalf of the Secured Parties in the Collateral and the obligation to make payments as directed by the Trustee, or the Administrative AgentAgent on its behalf.
Appears in 2 contracts
Sources: Sale and Servicing Agreement (Ares Capital Corp), Sale and Servicing Agreement (Ares Capital Corp)
Obligor Notification Forms. The Borrower shall furnish each of the Administrative Agent and the Trustee with an appropriate power of attorney to send (at the direction of the Administrative Agent’s discretion after Agent following the declaration or occurrence of a Termination Event which or an Unmatured Termination Event that has not been otherwise waived) Obligor notification forms to give notice to the Obligors of the TrusteeAdministrative Agent’s interest in the Collateral on behalf of the Secured Parties in the Collateral and the obligation to make payments as directed by the Administrative Agent, to the extent permitted in the Underlying Instruments.
Appears in 1 contract
Obligor Notification Forms. The Borrower shall furnish each of the Administrative Agent and the Trustee with an appropriate power of attorney to send (at the direction of the Administrative Agent’s discretion Agent after the occurrence and during the continuance of a Termination an Event which has not been otherwise waivedof Default) Obligor notification forms to give notice to the Obligors and/or any appropriate agent with respect to any Agented Loan of the Trustee’s interest on behalf in the Collateral for the benefit of the Secured Parties in the Collateral and the obligation to make payments as directed by the Trustee acting at the direction of the Administrative Agent.
Appears in 1 contract
Sources: Loan and Servicing Agreement (NewStar Financial, Inc.)
Obligor Notification Forms. The Borrower shall furnish each of the Administrative Agent and the Trustee with an appropriate power of attorney to send (at the direction of the Administrative Agent’s discretion Agent after the occurrence and during the continuation of a Termination an Event which has not been otherwise waivedof Default) Obligor notification forms to give notice to the Obligors and/or any appropriate agent with respect to any Agented Loan of the Trustee’s interest on behalf in the Collateral for the benefit of the Secured Parties in the Collateral and the obligation to make payments as directed by the Trustee acting at the direction of the Administrative Agent.
Appears in 1 contract
Sources: Loan and Security Agreement (NewStar Financial, Inc.)
Obligor Notification Forms. The Borrower shall furnish each of the Administrative Agent and the Trustee with an appropriate power of attorney to send (at the Administrative Agent’s discretion after the occurrence of a Termination Event which has not been otherwise waived) Obligor notification forms to give notice to the Obligors of the Trustee’s Secured Parties’ interest on behalf of the Secured Parties in the Collateral and the obligation to make payments as directed by the Administrative Agent.
Appears in 1 contract
Sources: Revolving Credit Agreement (Sparta Commercial Services, Inc.)