Release for Payment. Upon receipt by the Collateral Custodian of a Request of Release of Loan Documents signed by the Borrower and the Administrative Agent that includes a statement to the effect that all amounts received in connection with such payment or repurchase have been credited to the Collection Account as provided in this Agreement, the Collateral Custodian shall promptly release the related Loan Documents to the Borrower.
Appears in 8 contracts
Sources: Credit Agreement (Trinity Capital Inc.), Credit Agreement (Ept 16 LLC), Credit Agreement (Trinity Capital Inc.)
Release for Payment. Upon receipt by the Collateral Custodian of a the Servicer’s Request of for Release of Loan Documents signed by the Borrower and the Administrative Agent that includes (which certification shall include a statement to the effect that all amounts received in connection with such payment or repurchase have been credited to the Collection Account as provided in this Agreement), the Collateral Custodian shall promptly release the related Required Loan Documents File to the BorrowerServicer.
Appears in 1 contract
Sources: Revolving Credit Agreement (Sparta Commercial Services, Inc.)