Financial Condition Covenant. Permit the Asset Coverage Ratio of such Borrower to be less than (x) for all Borrowers other than Designated Borrowers, 300%, or (y) for each Designated Borrower, the Designated Borrower Asset Coverage Ratio Percentage for such Borrower; or in either case allow borrowings and/or Indebtedness of such Borrower to exceed the limits set forth in such Borrower’s Prospectus or allow borrowings and/or Indebtedness to exceed the requirements of the 1940 Act.
Appears in 13 contracts
Samples: Credit Agreement (Columbia Funds Variable Series Trust II), Credit Agreement (Columbia Funds Series Trust II), Credit Agreement (Columbia Funds Series Trust II)
Financial Condition Covenant. Permit the Asset Coverage Ratio of such Borrower to be less than (x) for all Borrowers any Borrower other than Designated Borrowers, 300%, or (y) for each Designated Borrower, the Designated Borrower Asset Coverage Ratio Percentage for such Borrower; or in either case allow borrowings and/or Indebtedness of such Borrower to exceed the limits set forth in such Borrower’s Prospectus or allow borrowings and/or Indebtedness to exceed the requirements of the 1940 Act.
Appears in 3 contracts
Samples: Credit Agreement (Schroder Capital Funds (Delaware)), Credit Agreement (Schroder Series Trust), Credit Agreement (Schroder Global Series Trust)
Financial Condition Covenant. Permit the Asset Coverage Ratio of such Borrower to be less than (x) for all Borrowers other than Designated Borrowers, 300%, or (y) for each Designated Borrower, the Designated Borrower Asset Coverage Ratio Percentage for such Borrower; or in either case allow borrowings and/or Indebtedness of such Borrower to exceed the limits set forth in such Borrower’s 's Prospectus or allow borrowings and/or Indebtedness to exceed the requirements of the 1940 Act.
Appears in 1 contract
Samples: Credit Agreement (Korea Fund Inc)
