Common use of Certain Undertakings Relating to Separateness Clause in Contracts

Certain Undertakings Relating to Separateness. Without limiting any, and subject to all, other covenants of the Borrower, the Equityholder and the Servicer contained in this Agreement, the Borrower (the Servicer in acting on behalf or for the benefit of the Borrower and the Equityholder in acting on behalf of the Borrower as the equityholder in the Borrower) shall conduct its business and operations separate and apart from that of any other Person (including the Equityholder and any of their Affiliates) and in furtherance of the foregoing:

Appears in 13 contracts

Samples: Credit and Security Agreement (Blackstone Secured Lending Fund), Credit and Security Agreement (Blackstone Secured Lending Fund), Credit and Security Agreement (OFS Capital Corp)

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Certain Undertakings Relating to Separateness. (a) Without limiting any, and subject to all, other covenants of the Borrower, the Equityholder and the Servicer Borrower contained in this Agreement, the Borrower (the Servicer in acting on behalf or for the benefit of the Borrower and the Equityholder in acting on behalf of the Borrower as the equityholder in the Borrower) shall conduct its business and operations separate and apart from that of any other Person (including the Equityholder holders of the Equity Interests of the Borrower and any of their respective Affiliates) and in furtherance of the foregoing, the Borrower shall:

Appears in 9 contracts

Samples: Credit and Security Agreement (BILL Holdings, Inc.), Credit and Security Agreement (Sezzle Inc.), Credit and Security Agreement (Bill.com Holdings, Inc.)

Certain Undertakings Relating to Separateness. (a) Without limiting any, and subject to all, other covenants of the Borrower, the Equityholder and the Servicer Borrower contained in this Agreement, the Borrower (the Servicer in acting on behalf or for the benefit of the Borrower and the Equityholder in acting on behalf of the Borrower as the equityholder in the Borrower) shall conduct its business and operations separate and apart from that of any other Person (including the Equityholder Collateral Manager and any of its Affiliates, the holders of the Equity and their respective Affiliates) and in furtherance of the foregoing:

Appears in 6 contracts

Samples: Revolving Credit and Security Agreement (PennantPark Floating Rate Capital Ltd.), Revolving Credit and Security Agreement (PennantPark Floating Rate Capital Ltd.), Revolving Credit and Security Agreement (PennantPark Floating Rate Capital Ltd.)

Certain Undertakings Relating to Separateness. Without limiting any, and subject to all, other covenants of the Borrower, the Equityholder and the Servicer contained in this Agreement, the Borrower (the Servicer in acting on behalf or for the benefit of the Borrower and the Equityholder in acting on behalf of the Borrower as the equityholder in member of the Borrower) shall conduct its business and operations separate and apart from that of any other Person (including the Equityholder and any of their Affiliatesin accordance with Section 9(j) and in furtherance of the foregoing:LLC Agreement.

Appears in 5 contracts

Samples: Credit and Security Agreement (Morgan Stanley Direct Lending Fund), Credit and Security Agreement (T Series Middle Market Loan Fund LLC), Revolving Credit and Security Agreement (Morgan Stanley Direct Lending Fund)

Certain Undertakings Relating to Separateness. Without limiting any, and subject to all, other covenants of the Borrower, the Equityholder and the Servicer Investment Advisor contained in this Agreement, the Borrower (the Servicer Investment Advisor in acting on behalf or for the benefit of the Borrower and the Equityholder in acting on behalf of the Borrower as the equityholder in the Borrower) shall conduct its business and operations separate and apart from that of any other Person (including the Equityholder and any of their Affiliates) and in furtherance of the foregoing:

Appears in 2 contracts

Samples: Revolving Credit and Security Agreement (Goldman Sachs Private Credit Corp.), Revolving Credit and Security Agreement (Goldman Sachs Private Credit Corp.)

Certain Undertakings Relating to Separateness. Without limiting any, and subject to all, other covenants of the Borrower, the Equityholder and the Servicer Collateral Manager contained in this Agreement, the Borrower (the Servicer Collateral Manager in acting on behalf or for the benefit of the Borrower and the Equityholder in acting on behalf of the Borrower as the equityholder in the Borrower) shall conduct its business and operations separate and apart from that of any other Person (including the Equityholder and any of their Affiliates) and in furtherance of the foregoing:

Appears in 2 contracts

Samples: Credit Agreement (HPS Corporate Lending Fund), Credit and Security Agreement (HPS Corporate Lending Fund)

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Certain Undertakings Relating to Separateness. Without limiting any, and subject to all, other covenants of the Borrower, the Equityholder and the Servicer contained in this Agreement, the Borrower (the Servicer in acting on behalf or for the benefit of the Borrower and the Equityholder in acting on behalf of the Borrower as the equityholder in the Borrower) shall conduct its business and operations separate and apart from that of any other Person (including the Equityholder PNNT and any of their its Affiliates) and in furtherance of the foregoing:

Appears in 1 contract

Samples: Credit and Security Agreement (Pennantpark Investment Corp)

Certain Undertakings Relating to Separateness. Without limiting any, and subject to all, other covenants of the Borrower, the Servicer and Equityholder and the Servicer contained in this Agreement, the Borrower (Borrower, the Servicer in (acting on behalf of or for the benefit of the Borrower Borrower), and the Equityholder in (acting on behalf of the Borrower as the equityholder in member of the Borrower) shall conduct its business and operations separate and apart from that of any other Person (including each comply, or cause the Equityholder and any of their AffiliatesBorrower to comply, as applicable, with Section 9(j) and in furtherance of the foregoing:Borrower’s limited liability company agreement.

Appears in 1 contract

Samples: Credit and Security Agreement (SLR Private Credit BDC II LLC)

Certain Undertakings Relating to Separateness. Without limiting any, and subject to all, other covenants of the Borrower, the Equityholder and the Servicer Investment Advisor contained in this Agreement, the Borrower (the Servicer Investment Advisor in acting on behalf or for the benefit of the Borrower and the Equityholder in acting on behalf of the Borrower as the equityholder in member of the Borrower) shall conduct its business and operations separate and apart from that of any other Person (including the Equityholder and any of their Affiliates) and in furtherance of the foregoing:

Appears in 1 contract

Samples: Revolving Credit and Security Agreement (Fidelity Private Credit Fund)

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