Reallocation of Advances. Any reallocation of Advances among Committed Lenders pursuant to an assignment executed by such Committed Lender and its assignee(s) and delivered pursuant to Article XV shall be wired by the applicable purchasing Lender(s) to the Collateral Agent pursuant to the wiring instructions for the Principal Collection Account provided by the Collateral Agent and the Collateral Agent shall only release such funds at the direction of the Facility Agent and upon receipt of an executed assignment, as applicable. Article XXIIArticle XVI
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Sources: Loan Financing and Servicing Agreement (FS KKR Capital Corp)
Reallocation of Advances. Any reallocation of Advances among Committed Lenders pursuant to an assignment executed by such Committed Lender and its assignee(s) and delivered pursuant to this Article XV in each case shall be wired by the applicable purchasing Lender(s) to the Collateral Agent pursuant to the wiring instructions for the Principal Collection Account provided by the Collateral Agent and Agent; provided that the Collateral Agent shall only release not wire such funds at amounts to the direction of the Facility Agent and upon receipt of applicable selling Lender(s) until it has received an executed assignment, as applicable. Article XXIIArticle XVIassignment agreement.
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Reallocation of Advances. Any reallocation of Advances among Committed Lenders pursuant to an assignment executed by such Committed Lender and its assignee(s) and delivered pursuant to -119- Article XV shall be wired by the applicable purchasing Lender(s) to the Collateral Agent pursuant to the wiring instructions for the Principal Collection Account provided by the Collateral Agent and the Collateral Agent shall only release such funds at the direction of the Facility Agent and upon receipt of an executed assignment, as applicable. Article XXIIArticle XVI.
Appears in 1 contract
Sources: Loan Financing and Servicing Agreement (BlackRock TCP Capital Corp.)