Maximum Borrowing Limitation. After giving effect to the proposed Loans to be made, the Asset Coverage Ratio for all borrowings of such Borrower shall not be less than the Minimum ACR; and the requesting Borrower shall not have violated any Requirements of Law (except such violations as could not reasonably be expected to have a Material Adverse Effect) or exceeded the borrowing limits set forth in its Prospectus and/or Registration Statement or the 1940 Act.
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Samples: Credit Agreement (T. Rowe Price Credit Opportunities Fund, Inc.), Credit Agreement (T. Rowe Price Multi-Sector Account Portfolios, Inc.), Credit Agreement (T. Rowe Price Multi-Sector Account Portfolios, Inc.)
Maximum Borrowing Limitation. After giving effect to the proposed ---------------------------- Loans to be made, the Asset Coverage Ratio for all borrowings of such Borrower shall not be less than the Minimum ACR; 300% and the requesting Borrower shall not have violated any Requirements of Law (except such violations as could not reasonably be expected to have a Material Adverse Effect) or exceeded the borrowing limits set forth in its Prospectus and/or Registration Statement or the 1940 ActProspectus.
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Samples: Credit Agreement (Excelsior Funds Inc), Credit Agreement (Excelsior Tax Exempt Funds Inc)
Maximum Borrowing Limitation. After Immediately prior to and immediately after giving effect to the proposed Loans to be made, the Borrower’s Asset Coverage Ratio for all borrowings of such Borrower shall not be less than the Minimum ACR350%; and in each case the requesting Borrower shall not have violated any Requirements of Law (except such violations as could not reasonably be expected to have a Material Adverse Effect) or exceeded the borrowing limits set forth in its Prospectus and/or Registration Statement or the 1940 Actregistration statement.
Appears in 2 contracts
Samples: Credit Agreement (Kayne Anderson Energy Total Return Fund, Inc.), Credit Agreement (Kayne Anderson MLP Investment CO)
Maximum Borrowing Limitation. After giving effect to the proposed Loans Advance to be made, the Asset Coverage Ratio for all borrowings of such the Borrower shall not be less than the Minimum ACR; 300% and the requesting Borrower shall not have violated any Requirements of Law (except such violations as could not reasonably be expected to have a Material Adverse Effect) or exceeded the borrowing limits limit set forth in its Prospectus and/or Prospectus, the Registration Statement, the Statement of Additional Information or the 1940 Act, as the case may be.
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Maximum Borrowing Limitation. After giving effect to the proposed Loans Loan to be made, the Asset Coverage Ratio for all borrowings of such the Borrower shall not be less than the Minimum ACR; 300% and the requesting Borrower shall not have violated any Requirements of Law (except such violations as could not reasonably be expected to have a Material Adverse Effect) or exceeded the borrowing limits limit set forth in its Prospectus and/or Prospectus, the Registration Statement, the Statement of Additional Information or the 1940 Act, as the case may be.
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