Common use of No New Business Clause in Contracts

No New Business. Borrower shall not engage in any business other than as described in its Organization Documents and Offering Documents and consistent in all respects with its Investment Policies.

Appears in 3 contracts

Samples: Margin Loan and Security Agreement (Western Asset Global High Income Fund Inc.), Margin Loan and Security Agreement (Western Asset High Income Fund Ii Inc.), Margin Loan and Security Agreement (Neuberger Berman High Yield Strategies Fund Inc.)

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No New Business. Borrower shall not not, directly or indirectly, engage in any business other than as described in its Organization Documents and Offering Documents and consistent in all respects with its Investment PoliciesDocuments.

Appears in 2 contracts

Samples: Pledge Agreement (Golar LNG LTD), Loan Agreement (Golar LNG LTD)

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No New Business. Borrower shall not engage in any business other than as described in its Organization Documents and Offering Documents and consistent in all material respects with its Investment Policies.

Appears in 1 contract

Samples: Margin Loan and Security Agreement (Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust)

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