Common use of Purpose of Loans Clause in Contracts

Purpose of Loans. Use the proceeds of the Loans for general corporate purposes of the Borrower as an investment company registered under the 1940 Act. Without limiting the foregoing, the Borrower will not, directly or indirectly, use any part of such proceeds for any purpose which would violate any provision of its registration statement or any applicable statute, regulation, order or restriction.

Appears in 18 contracts

Samples: Credit Agreement (Kayne Anderson Energy Infrastructure Fund, Inc.), Credit Agreement, Credit Agreement

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Purpose of Loans. Use the proceeds of the Loans for general corporate purposes of the Borrower as an investment company registered under the 1940 Act. Without limiting the foregoing, the Borrower will not, directly or indirectly, use any part of such proceeds for any purpose which would violate Regulation U or any provision of its registration statement or any applicable statute, regulation, order or restriction.

Appears in 1 contract

Samples: Credit Agreement

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Purpose of Loans. Use the proceeds of the Loans for general corporate purposes of the Borrower as an investment company registered under the 1940 Act. Without limiting the foregoing, the Borrower will not, directly or indirectly, use any part of such proceeds for any purpose which would violate any provision of its registration statement Registration Statement or any applicable statute, regulation, order or restriction.

Appears in 1 contract

Samples: Credit Agreement

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