Common use of Business Activities Clause in Contracts

Business Activities. The Borrower shall not engage in any business activity other than (i) the making, acquisition, origination, selling and maintenance of Collateral Loans and the ownership of equity interests permitted hereby and (ii) any other activities expressly permitted by, contemplated by or reasonably ancillary to this Agreement and the other Loan Documents (including the collateralized loan obligation transaction referred to in the Engagement Letter).

Appears in 17 contracts

Sources: Credit Agreement (Blue Owl Credit Income Corp.), Credit Agreement (Blue Owl Credit Income Corp.), Credit Agreement (Blue Owl Credit Income Corp.)

Business Activities. The Borrower shall not engage in any business activity other than (i) the making, acquisition, origination, selling and maintenance of Collateral Loans and the ownership of equity interests permitted hereby and (ii) any other activities expressly permitted by, contemplated by or reasonably ancillary to this Agreement and the other Loan Documents (including the collateralized loan obligation transaction referred to in the Engagement Letter)Documents.

Appears in 14 contracts

Sources: Credit Agreement (Blue Owl Technology Finance Corp.), Credit Agreement (Blue Owl Technology Income Corp.), Credit Agreement (Blue Owl Technology Finance Corp.)

Business Activities. The Borrower shall not engage in any business activity other than (i) the making, acquisition, origination, selling and maintenance of Collateral Loans and the ownership of equity interests permitted hereby and (ii) any other activities expressly permitted by, contemplated by or reasonably ancillary to this Agreement and the other Loan Documents (including the collateralized loan obligation transaction referred to in the Engagement Fee Letter).

Appears in 8 contracts

Sources: Credit Agreement (Blue Owl Credit Income Corp.), Credit Agreement (Blue Owl Technology Income Corp.), Credit Agreement (Blue Owl Technology Income Corp.)

Business Activities. The Borrower shall not engage in any business activity other than (i) the making, acquisition, origination, selling and maintenance of Collateral Loans and the ownership of equity interests permitted hereby interests, (ii) receiving capital contributions (whether in the form of Cash or Collateral Loans) from its equityholders and (iiiii) any other activities expressly permitted by, contemplated by or reasonably ancillary to this Agreement and the other Loan Documents (including the collateralized loan obligation transaction referred to in the Engagement Letter).

Appears in 5 contracts

Sources: Credit Agreement (AB Private Lending Fund), Credit Agreement (AB Private Lending Fund), Credit Agreement (AB Private Lending Fund)

Business Activities. The Borrower shall not engage in any business activity other than (i) the making, acquisition, origination, selling and maintenance of Collateral Loans and the ownership of equity interests permitted hereby hereby, (ii) receiving capital contributions (whether in the form of Cash or Collateral Loans) from its equityholders and (iiiii) any other activities expressly permitted by, or otherwise contemplated by or reasonably ancillary to this Agreement and the other Loan Documents (including the collateralized loan obligation transaction referred to in the Engagement Letter)Documents.

Appears in 4 contracts

Sources: Credit Agreement (Ares Strategic Income Fund), Credit Agreement (Ares Strategic Income Fund), Credit Agreement (Ares Strategic Income Fund)

Business Activities. The Borrower shall not engage in any business activity other than (i) the making, acquisition, origination, selling and maintenance of Collateral Loans and the ownership of equity interests permitted hereby and (ii) any other activities expressly permitted by, contemplated by or reasonably ancillary to this Agreement and the other Loan Documents (including the any collateralized loan obligation transaction referred to in any letter agreement between the Engagement LetterBorrower and Société Générale).

Appears in 4 contracts

Sources: Credit Agreement (Blue Owl Credit Income Corp.), Credit Agreement (Owl Rock Capital Corp), Credit Agreement (Owl Rock Capital Corp)

Business Activities. The Borrower shall not engage in any business activity other than (i) the making, acquisitionpurchase, origination, selling origination and maintenance of Collateral Loans and the ownership of equity interests permitted hereby and (ii) any other activities expressly permitted byinterests, contemplated by or reasonably ancillary to in each case in compliance with the terms of this Agreement and the other Loan Documents (including the collateralized loan obligation transaction referred to in the Engagement Letter)Documents.

Appears in 2 contracts

Sources: Credit Agreement (FS Energy & Power Fund), Credit Agreement (Garrison Capital LLC)

Business Activities. The Borrower shall not engage in any business activity other than (i) the making, acquisition, origination, selling and maintenance of Collateral Loans and the ownership of equity interests permitted hereby hereby, (ii) receiving capital contributions (whether in the form of Cash or Collateral Loans) from its equityholders and (iiiii) any other activities expressly permitted by, contemplated by or reasonably ancillary to this Agreement and the other Loan Documents (including the any collateralized loan obligation transaction referred to in any letter agreement between the Engagement LetterBorrower and Société Générale).

Appears in 2 contracts

Sources: Credit Agreement (Golub Capital Private Credit Fund), Credit Agreement (Golub Capital Private Credit Fund)

Business Activities. The Borrower shall not, and shall not permit any other Borrower Entity to, engage in any business activity other than (i) the making, acquisition, origination, selling maintenance and maintenance disposition of Collateral Loans and Loans; the ownership and disposition of equity interests permitted hereby Equity Interests and (ii) any other activities expressly permitted byEligible Investments; in the case of the Borrower, contemplated by or reasonably ancillary to borrowing the Loans; pledging the Collateral and performing its obligations under the Loan Documents, in each case in compliance with the terms of this Agreement and the other Loan Documents (including the collateralized loan obligation transaction referred to in the Engagement Letter)Documents.

Appears in 2 contracts

Sources: Credit Agreement (HPS Corporate Lending Fund), Credit Agreement (HPS Corporate Lending Fund)

Business Activities. The Borrower shall not engage in any business activity other than (i) the making, acquisition, origination, selling and maintenance of Collateral Loans and the ownership of equity interests permitted hereby Equity Interests, (ii) receiving capital contributions (whether in the form of Cash or Collateral Loans) from its equityholders, (iii) making distributions to its equityholders pursuant to Section 5.29 and (iiiv) any other activities expressly permitted by, contemplated by or reasonably ancillary to this Agreement and the other Loan Documents (including Documents, in each case in compliance with the collateralized loan obligation transaction referred to in terms of this Agreement and the Engagement Letter)other Loan Documents.

Appears in 2 contracts

Sources: Credit Agreement (Blue Owl Credit Income Corp.), Credit Agreement (Blue Owl Credit Income Corp.)

Business Activities. The Borrower shall not engage in any business activity other than (i) the making, acquisitionpurchase, origination, selling and maintenance of Collateral Loans and the ownership of equity interests permitted hereby and interests, (ii) any other activities expressly permitted byreceiving capital contributions (whether in the form of Cash or Collateral Loans) from the BDC and (iii) making distributions to its equityholders pursuant to Section 5.31, contemplated by or reasonably ancillary to in each case in compliance with the terms of this Agreement and the other Loan Documents (including the collateralized loan obligation transaction referred to in the Engagement Letter)Documents.

Appears in 2 contracts

Sources: Credit Agreement (Fifth Street Senior Floating Rate Corp.), Credit Agreement (Fifth Street Senior Floating Rate Corp.)

Business Activities. The Borrower shall not engage in any business or activity other than (ia) holding the makingShares, acquisitionCash and Cash Equivalents and other Acceptable Collateral, originationministerial activities incidental thereto or otherwise expressly permitted hereunder, selling (b) disposing the Shares in accordance with the express terms hereof and maintenance of Collateral Loans (c) performing its obligations under the Margin Loan Documentation, the Commitment Letter and the ownership of equity interests permitted hereby Fee Letter and (ii) in connection with the Transactions. Borrower shall not engage in any other activities expressly permitted bymerger, contemplated by consolidation, amalgamation or reasonably ancillary to this Agreement and the other Loan Documents (including the collateralized loan obligation transaction referred to in the Engagement Letter)similar transaction.

Appears in 2 contracts

Sources: Margin Loan Agreement (Star Holdings), Margin Loan Agreement (Star Holdings)

Business Activities. The Borrower shall not engage in any business or activity other than (ia) holding the makingShares, acquisitionUnits, originationCash, selling Cash Equivalents and maintenance of Collateral Loans any Other Acceptable Collateral, ministerial activities incidental thereto or otherwise expressly permitted hereunder, and (b) performing its obligations under the Margin Loan Documentation and the ownership of equity interests permitted hereby and (ii) Transactions or pursuant to its Organization Documents. Borrower shall not engage in any other activities expressly permitted bymerger, contemplated by consolidation, amalgamation or reasonably ancillary to this Agreement and the other Loan Documents (including the collateralized loan obligation transaction referred to in the Engagement Letter)similar transaction.

Appears in 2 contracts

Sources: Margin Loan Agreement (Endeavor Group Holdings, Inc.), First Amendment Agreement (Endeavor Group Holdings, Inc.)

Business Activities. The Borrower shall not engage in any business activity other than (i) the making, acquisition, origination, selling and maintenance of Collateral Loans and the ownership of equity interests permitted hereby and (ii) any other activities expressly permitted by, contemplated by or reasonably ancillary to this Agreement and the other Loan Documents (including the collateralized loan obligation transaction referred to in the Engagement Letter)Transaction Documents.

Appears in 2 contracts

Sources: Loan and Management Agreement (Blue Owl Technology Finance Corp.), Credit Agreement (Blue Owl Technology Finance Corp.)

Business Activities. The Borrower shall not engage in any business activity other than (i) the making, acquisition, origination, selling and maintenance of Collateral Loans Obligations and the ownership of equity interests permitted hereby interests, (ii) receiving capital contributions (whether in the form of Cash or Collateral Obligations) from its equityholders and (iiiii) any other activities expressly permitted by, contemplated by or reasonably ancillary to this Agreement and the other Loan Documents (including the collateralized loan obligation transaction referred to in the Engagement Letter).

Appears in 1 contract

Sources: Credit Agreement (AB Private Credit Investors Corp)

Business Activities. The Borrower shall not engage in any business activity other than (i) the making, acquisition, origination, selling and maintenance of Collateral Loans and the ownership of equity interests permitted hereby interests, (ii) receiving capital contributions (whether in the form of Cash or Collateral Loans) from its equityholders and (iiiii) any other activities expressly permitted by, contemplated by or reasonably ancillary to this Agreement and the other Loan Documents (including the collateralized loan obligation transaction referred to in the Engagement Letter)Documents.

Appears in 1 contract

Sources: Credit Agreement (AB Private Credit Investors Corp)

Business Activities. The Borrower shall not engage in any business activity other than (i) the making, acquisition, origination, selling and maintenance of Collateral Loans Obligations and the ownership of equity interests permitted hereby Equity Interests, (ii) receiving capital contributions (whether in the form of Cash or Collateral Obligations) from its equityholders, (iii) making distributions to its equityholders pursuant to Section 5.29 and (iiiv) any other activities expressly permitted by, contemplated by or reasonably ancillary to this Agreement and the other Loan Documents (including Documents, in each case in compliance with the collateralized loan obligation transaction referred to in terms of this Agreement and the Engagement Letter)other Loan Documents.

Appears in 1 contract

Sources: Credit Agreement (AB Private Credit Investors Corp)

Business Activities. The Borrower shall not engage in any business or activity other than (ia) maintaining its corporate existence, holding the makingCollateral Shares, acquisitionCash and Cash Equivalents, originationministerial activities incidental thereto or otherwise expressly permitted hereunder, selling and maintenance of Collateral Loans (b) performing its obligations under the Margin Loan Documentation and the ownership of equity interests permitted hereby and (ii) Transactions. Borrower shall not engage in any other activities expressly permitted bymerger, contemplated by consolidation, amalgamation or reasonably ancillary to this Agreement and the other Loan Documents (including the collateralized loan obligation transaction referred to in the Engagement Letter)similar transaction.

Appears in 1 contract

Sources: Margin Loan Agreement (HNA Group Co., Ltd.)

Business Activities. The Borrower shall not engage in any business activity other than (i) the making, acquisition, origination, selling and maintenance of Collateral Loans and the ownership of equity interests permitted hereby and (ii) any other activities expressly permitted by, contemplated by or reasonably ancillary to this Agreement and the other Loan Documents (including the collateralized loan obligation transaction referred to in the Engagement Letterconnection with a Permitted Securitization).

Appears in 1 contract

Sources: Credit Agreement (Nuveen Churchill Private Capital Income Fund)

Business Activities. The Each Borrower shall not engage in any business activity other than (i) the making, acquisition, origination, selling and maintenance of Collateral Loans and the ownership of equity interests permitted hereby and (ii) any other activities expressly permitted by, contemplated by or reasonably ancillary to this Agreement and the other Loan Documents (including the collateralized loan obligation transaction referred to in the Engagement Letterconnection with a Permitted Securitization).

Appears in 1 contract

Sources: Credit Agreement (Nuveen Churchill Private Capital Income Fund)

Business Activities. The Borrower shall not engage in any business or activity other than (ia) holding the makingShares, acquisitionCash, originationCash Equivalents and Other Acceptable Collateral, selling ministerial activities incidental thereto or activities otherwise expressly permitted hereunder, and maintenance of Collateral Loans (b) performing its obligations under the Margin Loan Documentation and the ownership of equity interests permitted hereby and (ii) Transactions. Borrower shall not engage in any other activities expressly permitted bymerger, contemplated by consolidation, amalgamation or reasonably ancillary to this Agreement and the other Loan Documents (including the collateralized loan obligation transaction referred to in the Engagement Letter)similar transaction.

Appears in 1 contract

Sources: Margin Loan Agreement (Birch-or Equity Holdings, LLC)