Common use of Limitations of Use of Loan Proceeds Clause in Contracts

Limitations of Use of Loan Proceeds. The Credit Parties shall not use the proceeds of any Loan for the payment to any Investor of any Distribution.

Appears in 4 contracts

Samples: Revolving Credit Agreement (Stone Point Credit Corp), Revolving Credit Agreement (Stone Point Credit Corp), Revolving Credit Agreement (Stone Point Credit Corp)

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Limitations of Use of Loan Proceeds. The No Credit Parties Party shall not use the proceeds of any Loan for the payment to any Investor of any Distribution.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Crescent Capital BDC, Inc.), Revolving Credit Agreement (Crescent Capital BDC, Inc.)

Limitations of Use of Loan Proceeds. The Credit Loan Parties shall not use the proceeds of any Loan for the payment to any Investor of any Distribution, without the consent of all Lenders.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Overland Advantage), Revolving Credit Agreement (Overland Advantage)

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Limitations of Use of Loan Proceeds. The Credit Parties shall not use the proceeds of any Loan or Letter of Credit for the payment to any Investor of any Distribution.

Appears in 1 contract

Samples: Revolving Credit Agreement (Acadia Realty Trust)

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