Common use of Indebtedness; Bank Accounts Clause in Contracts

Indebtedness; Bank Accounts. (a) Create, incur, assume or suffer to exist any Indebtedness, except Indebtedness created or permitted under the Loan Documents including expenses payable in the ordinary course of business, obligations under its Organization Documents or pursuant to customary indemnification, expense reimbursement and similar provisions under the Collateral Asset Documents related to the Collateral Assets; or (b) open or establish any bank accounts except as contemplated by the Loan Documents.

Appears in 5 contracts

Samples: Credit Agreement (Blackstone Secured Lending Fund), Credit Agreement (Palmer Square Capital BDC Inc.), Credit Agreement (Blackstone Secured Lending Fund)

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Indebtedness; Bank Accounts. (a) Create, incur, assume or suffer to exist any Indebtedness, except Indebtedness created or permitted under the Loan Documents including expenses payable in the ordinary course of businessDocuments, obligations under its Organization Documents or pursuant to customary indemnification, expense reimbursement and similar provisions under the Collateral Asset Documents related to the Collateral Assets; or (b) open or establish any bank accounts except as contemplated by the Loan DocumentsCollateral Administration Agreement.

Appears in 5 contracts

Samples: Amendment Agreement (American Capital Senior Floating, Ltd.), Credit Agreement (American Capital Senior Floating, Ltd.), Credit Agreement (American Capital, LTD)

Indebtedness; Bank Accounts. (a) Create, incur, assume or suffer to exist any Indebtedness, except Indebtedness created or permitted under the Loan Documents including expenses payable and Contractual Obligations arising in the ordinary course respect of business, obligations under its Organization Documents or pursuant to customary indemnification, expense reimbursement and similar provisions under the Collateral Asset Documents related to the Collateral Assets; or (b) open or establish any bank accounts except as contemplated by the Loan Documents.

Appears in 2 contracts

Samples: Credit Agreement (Watford Holdings Ltd.), Credit Agreement (Watford Holdings Ltd.)

Indebtedness; Bank Accounts. (a) Create, incur, assume or suffer to exist any Indebtedness, except Indebtedness created or permitted under the Loan Documents including expenses payable in the ordinary course of business, obligations under its Organization Documents or pursuant to customary indemnification, expense reimbursement and similar provisions under the Collateral Asset Documents related to the Collateral AssetsDocuments; or (b) open or establish any bank accounts except as contemplated by the Loan Documents.

Appears in 2 contracts

Samples: Credit Agreement (Owl Rock Core Income Corp.), Credit Agreement (Highland Floating Rate Opportunities Fund)

Indebtedness; Bank Accounts. (a) Create, incur, assume or suffer to exist any Indebtedness, except the Indebtedness created or permitted under contemplated by the Loan Documents including expenses payable and any Contractual Obligations arising in the ordinary course respect of business, obligations under its Organization Documents or pursuant to customary indemnification, expense reimbursement and similar provisions under the Collateral Asset Documents related to the Collateral Assets; or (b) open or establish any bank accounts except as contemplated by the Loan Documents.

Appears in 2 contracts

Samples: Credit Agreement (Nuveen Churchill Private Capital Income Fund), Credit Agreement (Nuveen Churchill Private Capital Income Fund)

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Indebtedness; Bank Accounts. The Borrower shall not, directly or indirectly, (a) Createcreate, incur, assume or suffer to exist any Indebtedness, except Indebtedness created or permitted under the Loan Documents including expenses payable in the ordinary course of businessDocuments, obligations under its Organization Documents or pursuant to customary indemnification, expense reimbursement and similar provisions under the Collateral Asset Documents related to the Collateral Assets; or (b) open or establish any bank accounts bank, securities or other account without the consent of the Administrative Agent except as contemplated by the Loan DocumentsDocuments (including the Borrower Account).

Appears in 1 contract

Samples: Credit Agreement (GWG Holdings, Inc.)

Indebtedness; Bank Accounts. (a) Create, incur, assume or suffer to exist any Indebtedness, except Indebtedness created or permitted under contemplated by the Loan Documents (including expenses payable intercompany loans and receivables among the Loan Parties) and Contractual Obligations arising in the ordinary course respect of business, obligations under its Organization Documents or pursuant to customary indemnification, expense reimbursement and similar provisions under the Collateral Asset Documents related to the Collateral Assets; or (b) open or establish any bank accounts except as contemplated by the Loan Documents.

Appears in 1 contract

Samples: Credit Agreement (HPS Corporate Lending Fund)

Indebtedness; Bank Accounts. (a) Create, incur, assume or suffer to exist any IndebtednessIndebtedness (including incurring any swap or other hedging contract obligation that could result in payment obligations of the Company), except Indebtedness created or permitted under the Loan Documents (including expenses payable with respect to amounts owed to service providers or otherwise arising in the ordinary course of the Company’s business, obligations under its Organization Documents or pursuant to customary indemnification, expense reimbursement and similar provisions under the Collateral Asset Documents related to the Collateral Assets; or (ba) open or establish any bank accounts except as contemplated by the Loan Documents.

Appears in 1 contract

Samples: Credit Agreement (Barings BDC, Inc.)

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