Common use of TALF Loans Clause in Contracts

TALF Loans. Anything herein to the contrary notwithstanding, each TALF Borrower covenants that (i) it will only borrow a TALF Loan if it is eligible to do so under the terms of the applicable TALF Loan documentation and (ii) with respect to each TALF Loan borrowed by it, the sole recourse of the lender in respect of such TALF Loan will be limited to the TALF Loan Pledged Assets pledged with respect thereto and that such lender will have no right to look to any other assets of such TALF Borrower for the satisfaction of such TALF Loan or the obligations of such TALF Borrower in connection therewith.

Appears in 5 contracts

Samples: Credit Agreement (BlackRock Series Fund II, Inc.), Credit Agreement (BlackRock Series Fund II, Inc.), Credit Agreement (BlackRock Series Fund II, Inc.)

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