Common use of Activities Clause in Contracts

Activities. Neither the Borrower nor any of its Subsidiaries has engaged in any activity of any kind or entered into any Contractual Obligation or other undertaking since its formation which is not directly or indirectly related to (a) the purchasing, owning, holding and Disposition of Portfolio Investments in accordance with the Investment Guidelines, the ownership of Equity Interests of its Subsidiaries that it is otherwise permitted to own hereunder, (b) the Loan Documents and Permitted Interest Rate Xxxxxx or (c) activities permitted by the Partnership Agreement or incidental or ancillary to activities permitted thereunder.

Appears in 13 contracts

Samples: Loan Agreement, Loan Agreement (Nuveen Mortgage Opportunity Term Fund 2), Loan Agreement (Nuveen Mortgage Opportunity Term Fund 2)

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