Common use of Lending Practices Clause in Contracts

Lending Practices. The Company may not borrow money from the Sponsor, the Advisor, the Directors, or any of their Affiliates, unless a majority of the Board of Directors (including a majority of Independent Directors) not otherwise interested in such transaction approve the transaction as being fair, competitive, and commercially reasonable and no less favorable to the Company than loans between unaffiliated parties under the same circumstances.

Lending Practices. The Company may not borrow money from the Sponsor, the Advisor, the DirectorsManagers, or any of their Affiliates, unless a majority of the Board of Directors Managers (including a majority of Independent DirectorsManagers) not otherwise interested in such transaction approve the transaction as being fair, competitive, and commercially reasonable and no less favorable to the Company than loans between unaffiliated parties under the same circumstances.