Licenses; Approvals. All licenses, permits, approvals, concessions or other authorizations material to the conduct of the business of the Borrower have been duly obtained and are in full force and effect, except where the failure of which would not reasonably be expected to have a Material Adverse Effect.
Appears in 3 contracts
Samples: Credit Agreement (Terra Income Fund 6, LLC), Credit Agreement (Terra Property Trust, Inc.), Credit Agreement (Terra Income Fund 6, Inc.)
Licenses; Approvals. All licenses, permits, approvals, concessions or other authorizations material necessary to the conduct of the business of the Borrower have been duly obtained and are in full force and effect, except where the failure of which to obtain such licenses, permits, approvals, concessions or other authorizations would not be reasonably be expected to have result in a Material Adverse Effect.
Appears in 2 contracts
Samples: Credit Agreement (BlackRock Credit Strategies Fund), Credit Agreement (Western Asset Mortgage Opportunity Fund Inc.)
Licenses; Approvals. All licenses, permits, approvals, concessions or other authorizations material necessary to the conduct of the business of the Borrower or Investment Adviser have been duly obtained and are in full force and effect, except where the failure to obtain and maintain any of which would the foregoing could not reasonably be expected to have result in a Material Adverse Effect.
Appears in 2 contracts
Samples: Margin Loan and Security Agreement (Western Asset Global High Income Fund Inc.), Margin Loan and Security Agreement (Western Asset High Income Fund Ii Inc.)
Licenses; Approvals. All material licenses, permits, approvals, concessions or other authorizations material necessary to the conduct of the business of the Borrower have been duly obtained and are in full force and effect, except where the failure to obtain and maintain any of which would the foregoing could not reasonably be expected to have result in a Material Adverse Effect.
Appears in 1 contract
Samples: Credit Agreement (Advent Claymore Convertible Securities & Income Fund)
