Common use of Each Bank Clause in Contracts

Each Bank. (i) acknowledges that the Specified Materials, including information furnished to it by any Borrower or the Agent pursuant to, or in the course of administering, the Loan Documents, may include material, non‑public information concerning the Borrower or their securities; and (ii) confirms that: (A) it has developed compliance procedures regarding the use of material, non‑public information; and (B) it will handle such material, non‑public information in accordance with such procedures and Applicable Laws, including federal and state securities laws.

Appears in 1 contract

Sources: Credit Agreement (Rivernorth Opportunities Fund, Inc.)

Each Bank. (i) acknowledges that the Specified Materials, including information furnished to it by any the Borrower or the Agent pursuant to, or in the course of administering, the Loan Documents, may include material, non‑public non-public information concerning the Borrower or their its securities; , and (ii) confirms that: (A) it has developed compliance procedures regarding the use of material, non‑public non-public information; and (B) it will handle such material, non‑public non-public information in accordance with such procedures and Applicable Laws, including federal and state securities laws.

Appears in 1 contract

Sources: Credit Agreement (Credit Suisse High Yield Credit Fund)