Common use of Compliance with Constituent Documents Clause in Contracts

Compliance with Constituent Documents. Unless otherwise approved in accordance with the terms of this Credit Agreement (which approval, by such terms, may require more or fewer Lenders than the Required Lenders), each Fund Borrower will promptly comply with any and all covenants and provisions of its Constituent Documents. Each Qualified Borrower shall comply in all material respects with all provisions of its Constituent Documents. Each Fund Borrower will use the proceeds of any Capital Call Notices and the proceeds of any Borrowing hereunder only for such purposes as are permitted by its Constituent Documents and at all times comply with its Constituent Documents, including, without limitation, any investment guidelines, investment policy statements and limitations on indebtedness.

Appears in 4 contracts

Samples: Credit Agreement (AGTB Private BDC), Revolving Credit Agreement (Carlyle Secured Lending III), Revolving Credit Agreement (Franklin BSP Capital Corp)

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