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provided, that this Section shall not apply to (a) the Loans, the Letters of Credit or any other Indebtedness under the Loan Documents; (b) any Indebtedness incurred by Borrowers or any Credit Party in respect of Capital Leases and any Indebtedness incurred to finance the acquisition, construction or improvement of any fixed or capital assets after the Closing Date that is secured by purchase money mortgage or purchase money security interests, so long as the combined aggregate principal amount of all such Indebtedness does not exceed $500,000 at any time outstanding; (c) the Indebtedness existing on the Closing Date as set forth in Schedule 5.8 hereto and any refinancings, refundings, renewals or extensions thereof, which do not increase the principal amount or shorten the maturity thereof; (d) loans to a Company from a Company so long as (I) each such Company borrowing such money is a Borrower or a Credit Party, (II) each such loan is evidenced by the Master Promissory Note, which such promissory note has been pledged to Agent, for the benefit of the Lenders, in a manner reasonably satisfactory to Agent, and (III) the Master Promissory Note is Subordinated; 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"snippet": "The Adviser agrees that neither it nor any of its officers or employees shall borrow from a Fund or pledge or use the Fund\u2019s assets in connection with any borrowing not directly for the Fund\u2019s benefit. For this purpose, failure to pay any amount due and payable to the Fund for a period of more than thirty (30) days shall constitute a borrowing. Any borrowing on behalf of the Fund must be approved in advance by the Board of Trustees and made in accordance with the requirements of the Investment Company Act and the Investment Policies.", "hash": "f40c51789ebc8998a51d2393590847dd", "id": 10}, {"snippet_links": [{"key": "borrowed-money", "type": "clause", "offset": [22, 36]}, {"key": "by-the-general-partner", "type": "clause", "offset": [87, 109]}], "samples": [{"hash": "cEdhuxJqNZf", "uri": "/contracts/cEdhuxJqNZf#borrowing", "label": "Advisory Agreement (Polaris Futures Fund L.P.)", "score": 24.364818573, "published": true}, {"hash": "rABArzWyKF", "uri": "/contracts/rABArzWyKF#borrowing", "label": "Advisory Agreement (Managed Futures Profile MV, L.P.)", "score": 22.6180706024, "published": true}, {"hash": "4Xvubm4I58C", "uri": "/contracts/4Xvubm4I58C#borrowing", "label": "Advisory Agreement (Managed Futures Profile MV, L.P.)", "score": 22.6180706024, "published": true}], "size": 37, "snippet": "The CTA shall not use borrowed money to leverage any trades, unless otherwise approved by the General Partner.", "hash": "9aafd46387b41057d8022107aa2c90f5", "id": 7}, {"snippet_links": [{"key": "borrowing-limit", "type": "definition", "offset": [4, 19]}, {"key": "total-assets", "type": "definition", "offset": [54, 66]}, {"key": "entering-into", "type": "clause", "offset": [68, 81]}, {"key": "reverse-repurchase-agreement", "type": "clause", "offset": [84, 112]}, {"key": "foreign-investments-diversification", "type": "clause", "offset": [174, 211]}, {"key": "guidelines-to-be-followed", "type": "clause", "offset": [232, 257]}], "samples": [{"hash": "rmfugn81OX", "uri": "/contracts/rmfugn81OX#borrowing", "label": "Fund Participation Agreement (Lincoln National Variable Annuity Account C)", "score": 16.0, "published": true}, {"hash": "ln9i1e4Qq5v", "uri": "/contracts/ln9i1e4Qq5v#borrowing", "label": "Fund Participation Agreement (Lincoln National Capital Appreciation Fund Inc)", "score": 16.0, "published": true}, {"hash": "l0GNYipAeuQ", "uri": "/contracts/l0GNYipAeuQ#borrowing", "label": "Fund Participation Agreement (Lincoln Life Flexible Premium Variable Life Account R)", "score": 16.0, "published": true}], "size": 37, "snippet": "The borrowing limit for any FUND is 33 1/3 percent of total assets. 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