Common use of Limitation on Financing Activities Clause in Contracts

Limitation on Financing Activities. The Seller shall not, directly or indirectly, advance or contribute to the Purchaser any funds pursuant to any financial accommodation. For the avoidance of doubt, this clause (j) shall not prohibit the Seller from contributing Loan Assets to the Purchaser as contemplated herein.

Appears in 7 contracts

Samples: Second Tier Purchase and Sale Agreement (Ares Capital Corp), Second Tier Purchase and Sale Agreement (Ares Capital Corp), Purchase and Sale Agreement (Ares Capital Corp)

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Limitation on Financing Activities. The Seller shall not, directly or indirectly, advance or contribute loan to the Purchaser any funds pursuant to any financial accommodation. For the avoidance of doubt, this clause (ji) shall not prohibit the Seller from contributing Loan Assets to the Purchaser as contemplated hereinherein or providing cash equity contributions to the Purchaser.

Appears in 6 contracts

Samples: Purchase and Sale Agreement (Golub Capital Investment Corp), Purchase and Sale Agreement (Business Development Corp of America), Purchase and Sale Agreement (Fifth Street Finance Corp)

Limitation on Financing Activities. The Seller shall not, directly or indirectly, advance or contribute loan to the Purchaser any funds pursuant to any financial accommodation. For the avoidance of doubt, this clause (jg) shall not prohibit the Seller from contributing Loan Assets Loans to the Purchaser as contemplated hereinherein or providing cash equity contributions to the Purchaser.

Appears in 4 contracts

Samples: Purchase and Sale Agreement (FS Investment Corp III), Purchase and Sale Agreement (FS Energy & Power Fund), Purchase and Sale Agreement (FS Investment Corp II)

Limitation on Financing Activities. The Seller shall not, directly or indirectly, advance or contribute to the Purchaser any funds pursuant to any financial accommodation. For ; provided that the avoidance of doubt, this clause (j) foregoing shall not prohibit the Seller from contributing Loan Assets Collateral Loans to the Purchaser as contemplated hereinherein or providing cash equity contributions to the Purchaser.

Appears in 2 contracts

Samples: Loan Sale and Contribution Agreement (Saratoga Investment Corp.), Loan Sale and Contribution Agreement (Saratoga Investment Corp.)

Limitation on Financing Activities. The Seller shall not, directly or indirectly, advance or contribute loan to the Purchaser any funds pursuant to any financial accommodation. For the avoidance of doubt, this clause (jf) shall not prohibit the Seller from contributing Loan Assets to the Purchaser as contemplated hereinherein or providing cash equity contributions to the Purchaser.

Appears in 2 contracts

Samples: Purchase and Contribution Agreement (Capitala Finance Corp.), Purchase and Sale Agreement (Pennantpark Investment Corp)

Limitation on Financing Activities. The Seller shall not, directly or indirectly, advance or contribute to the Purchaser any funds pursuant to any financial accommodation. For the avoidance of doubt, this clause (j) shall not prohibit the Seller from contributing Loan Assets Collateral Loans to the Purchaser as contemplated herein.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Morgan Stanley Direct Lending Fund), Purchase and Sale Agreement (Ares Capital Corp)

Limitation on Financing Activities. The Seller shall not, directly or indirectly, advance or contribute to the Purchaser any funds pursuant to any financial accommodation. For the avoidance of doubt, this clause (ji) shall not prohibit the Seller from contributing Loan Assets to the Purchaser as contemplated herein.herein or providing cash equity contributions to the Purchaser. shall be equal or greater than the sum of the initial Assigned Value of the Replaced Loan Assets multiplied by the Outstanding Balance thereof;

Appears in 1 contract

Samples: Loan and Servicing Agreement (Ares Capital Corp)

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Limitation on Financing Activities. The Seller shall not, directly or indirectly, advance or contribute loan to the Purchaser any funds pursuant to any financial accommodation. For the avoidance of doubt, this clause (j) shall not prohibit the Seller from contributing Loan Assets to the Purchaser as contemplated herein.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Pennantpark Investment Corp)

Limitation on Financing Activities. The Seller shall not, directly or indirectly, advance or contribute loan to the Purchaser any funds pursuant to any financial accommodation. For the avoidance of doubt, this clause (jSection 4.3(i) shall not prohibit the Seller from contributing Loan Assets Loans to the Purchaser as contemplated hereinherein or providing cash equity contributions to the Purchaser.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Business Development Corp of America)

Limitation on Financing Activities. The Seller shall not, directly or indirectly, advance or contribute to the Purchaser any funds pursuant to any financial accommodation. For the avoidance of doubt, this clause (ji) shall not prohibit the Seller from contributing Loan Assets to the Purchaser as contemplated hereinherein or providing cash equity contributions to the Purchaser.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Ares Capital Corp)

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