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

Limitations of Use of Loan Proceeds. No Credit Party shall 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.)

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Limitations of Use of Loan Proceeds. No The Credit Party 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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Limitations of Use of Loan Proceeds. No Credit Party The 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 1 contract

Samples: Revolving Credit Agreement (Overland Advantage)

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