Common use of Limitation on Investments Clause in Contracts

Limitation on Investments. The Borrower shall not form, or cause to be formed, any Subsidiaries other than REO Asset Owners; or make or suffer to exist any loans or advances to, or extend any credit to, or make any investments (by way of transfer of property, contributions to capital, purchase of stock or securities or evidences of indebtedness, acquisition of the business or assets, or otherwise) in, any Affiliate or any other Person except investments as otherwise permitted herein and pursuant to the other Transaction Documents.

Appears in 26 contracts

Samples: Loan Financing and Servicing Agreement (Vista Credit Strategic Lending Corp.), Loan Financing and Servicing Agreement (Silver Point Specialty Lending Fund), Financing and Servicing Agreement (Capital Southwest Corp)

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Limitation on Investments. The Borrower shall not form, or cause to be formed, any Subsidiaries other than REO Asset OwnersSubsidiaries; or make or suffer to exist any loans or advances to, or extend any credit to, or make any investments (by way of transfer of property, contributions to capital, purchase of stock or securities or evidences of indebtedness, acquisition of the business or assets, or otherwise) in, any Affiliate or any other Person except investments as otherwise permitted herein and pursuant to the other Transaction Documents.

Appears in 14 contracts

Samples: Loan and Servicing Agreement (Blue Owl Capital Corp III), Loan and Servicing Agreement (Blue Owl Capital Corp III), Loan Financing and Servicing Agreement (AB Private Credit Investors Corp)

Limitation on Investments. The Borrower shall not form, or cause to be formed, any Subsidiaries other than REO Asset OwnersSubsidiaries; or make or suffer to exist any loans or advances to, or extend any credit to, or make any investments (by way of transfer of property, contributions to capital, purchase of stock or securities or evidences of indebtedness, acquisition of the business or assets, or otherwise) in, any Affiliate or any other Person except investments in Obligors as a result of any Portfolio Investments and investments as otherwise permitted herein and pursuant to the other Transaction Documents.

Appears in 10 contracts

Samples: Receivables Financing Agreement (TriplePoint Venture Growth BDC Corp.), Receivables Financing Agreement (TriplePoint Private Venture Credit Inc.), Receivables Financing Agreement (TriplePoint Venture Growth BDC Corp.)

Limitation on Investments. The Borrower shall not form, or cause to be formed, any Subsidiaries other than REO Asset OwnersSubsidiaries; or make or suffer to exist any loans or advances to, or extend any credit to, or make any investments (by way of transfer of property, contributions to capital, purchase of stock or securities or evidences of indebtedness, acquisition of the business or assets, or otherwise) in, any Affiliate or any other Person except investments as otherwise permitted herein and pursuant to the other Transaction Documents.

Appears in 4 contracts

Samples: Receivables Financing Agreement (United Pan Am Financial Corp), Receivables Financing Agreement (United Pan Am Financial Corp), Receivables Financing Agreement (Compucredit Corp)

Limitation on Investments. The Borrower shall not form, or ------------------------- cause to be formed, any Subsidiaries other than REO Asset OwnersSubsidiaries; or make or suffer to exist any loans or advances to, or extend any credit to, or make any investments (by way of transfer of property, contributions to capital, purchase of stock or securities or evidences of indebtedness, acquisition of the business or assets, or otherwise) in, any Affiliate or any other Person except investments as otherwise permitted herein and pursuant to the other Transaction DocumentsPurchase Agreement.

Appears in 2 contracts

Samples: Receivables Financing Agreement (Americredit Corp), Receivables Financing Agreement (Americredit Financial Services of Canada LTD)

Limitation on Investments. The Borrower shall not form, or cause to be formed, any Subsidiaries other than REO Asset Ownerssubsidiaries; or make or suffer to exist any loans or advances to, or extend any credit to, or make any investments (by way of transfer of property, contributions to capital, purchase of stock or securities or evidences of indebtedness, acquisition of the business or assets, or otherwise) in, any Affiliate or any other Person except investments as otherwise permitted herein and pursuant to the other Transaction Documentsherein.

Appears in 2 contracts

Samples: Receivables Funding Agreement (Americredit Corp), Receivables Funding Agreement (Americredit Corp)

Limitation on Investments. The Borrower shall not form, or cause to be formed, any Subsidiaries other than REO Asset Owners; or make or suffer to exist any loans or advances to, or extend any credit to, or make any investments (by way of transfer of property, contributions to capital, purchase of stock or securities or evidences of indebtedness, acquisition -105- USActive 58353885.2 of the business or assets, or otherwise) in, any Affiliate or any other Person except investments as otherwise permitted herein and pursuant to the other Transaction Documents.

Appears in 1 contract

Samples: Financing and Servicing Agreement (MSD Investment Corp.)

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Limitation on Investments. The Borrower shall not form, or cause to be formed, any Subsidiaries other than REO Asset OwnersSubsidiaries; or make or suffer to exist any loans or advances to, or extend any credit to, or make any investments (by way of transfer of property, contributions to capital, purchase of stock or securities or evidences of indebtedness, acquisition of the business or assets, or otherwise) in, any Affiliate or any other Person except investments as otherwise permitted herein and pursuant to the other Transaction DocumentsSale and Contribution Agreement.

Appears in 1 contract

Samples: Receivables Financing Agreement (MFN Financial Corp)

Limitation on Investments. The Borrower shall not form, or cause to be formed, any Subsidiaries other than REO Asset Owners; or make or suffer to exist any loans or advances to, or extend any credit to, or make any investments (by way of transfer of property, contributions to capital, purchase of stock or securities or evidences of indebtedness, acquisition of the business Exhibit 10.1 or assets, or otherwise) in, any Affiliate or any other Person except investments as otherwise permitted herein and pursuant to the other Transaction Documents.

Appears in 1 contract

Samples: Loan Financing and Servicing Agreement (HMS Income Fund, Inc.)

Limitation on Investments. The Borrower shall not form, or cause to be formed, any Subsidiaries other than REO Asset Exhibit 10.1 Owners; or make or suffer to exist any loans or advances to, or extend any credit to, or make any investments (by way of transfer of property, contributions to capital, purchase of stock or securities or evidences of indebtedness, acquisition of the business or assets, or otherwise) in, any Affiliate or any other Person except investments as otherwise permitted herein and pursuant to the other Transaction Documents.

Appears in 1 contract

Samples: Financing and Servicing Agreement (HMS Income Fund, Inc.)

Limitation on Investments. The Borrower shall not form, or cause to be formed, any Subsidiaries other than REO Asset OwnersSubsidiaries; or make or suffer to exist any loans or advances to, or extend any credit to, or make any investments (by way of transfer of property, contributions to capital, purchase of stock or securities or evidences of indebtedness, acquisition of the business or assets, or otherwise) in, any Affiliate or any other Person except investments as otherwise permitted herein herein, investments required in connection with a workout or restructuring and pursuant to the other Transaction Documents.

Appears in 1 contract

Samples: Loan and Servicing Agreement (Antares Strategic Credit Fund)

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