Common use of Exemption under the 0000 Xxx Clause in Contracts

Exemption under the 0000 Xxx. The Company shall not invest or otherwise use the proceeds received by the Company from its sale of the Securities in such a manner as would require the Company or any of its Subsidiaries to register as an investment company under the 1940 Act.

Appears in 4 contracts

Samples: Underwriting Agreement (Western Asset Mortgage Capital Corp), Underwriting Agreement (Western Asset Mortgage Capital Corp), Underwriting Agreement (Western Asset Mortgage Capital Corp)

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Exemption under the 0000 Xxx. The Company shall not invest invest, or otherwise use the proceeds received by the Company from its sale of the Securities or the Private Placement Securities in such a manner as would require the Company or any of its Subsidiaries to register as an investment company under the 1940 Act.

Appears in 1 contract

Samples: Underwriting Agreement (Western Asset Mortgage Capital Corp)

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