Common use of Limitation on Guarantee Obligations Clause in Contracts

Limitation on Guarantee Obligations. Create, incur, assume or suffer to exist any material Guarantee Obligation of the Borrower or any of its Subsidiaries, except as may occur in the ordinary course of the Borrower’s or such Subsidiary’s business and which is not otherwise prohibited by any Requirements of Law.

Appears in 12 contracts

Samples: Credit Agreement, Credit Agreement (Kayne Anderson Midstream/Energy Fund, Inc.), Credit Agreement (Kayne Anderson MLP Investment CO)

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Limitation on Guarantee Obligations. Create, incur, assume or suffer to exist (a) any material Guarantee Obligation of the Borrower or any of its Restricted Subsidiaries, except as may occur in the ordinary course of the Borrower’s or such Restricted Subsidiary’s business and which is not otherwise prohibited by any Requirements of Law, or (b) any Guarantee Obligation of the Borrower or any of its Restricted Subsidiaries in respect of Indebtedness of Unrestricted Subsidiaries.

Appears in 8 contracts

Samples: Credit Agreement (Kayne Anderson Energy Infrastructure Fund, Inc.), Credit Agreement, Credit Agreement

Limitation on Guarantee Obligations. Create, incur, assume or suffer to exist any material Guarantee Obligation of the Borrower or any of its Subsidiariessuch Borrower, except as may occur in the ordinary course of the such Borrower’s or such Subsidiary’s business and which is not otherwise prohibited by any Requirements Requirement of Law.

Appears in 7 contracts

Samples: Credit Agreement (T. Rowe Price Credit Opportunities Fund, Inc.), Credit Agreement (T. Rowe Price Multi-Sector Account Portfolios, Inc.), Credit Agreement (Columbia Funds Series Trust I)

Limitation on Guarantee Obligations. Create, incur, assume or suffer ----------------------------------- to exist any material Guarantee Obligation of the Borrower or any of its Subsidiariessuch Borrower, except as may occur in the ordinary course of the such Borrower’s or such Subsidiary’s 's business and which is not otherwise prohibited by any Requirements Requirement of Law.

Appears in 2 contracts

Samples: Credit Agreement (Mercantile Mutual Funds Inc), Credit Agreement (Mercantile Mutual Funds Inc)

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Limitation on Guarantee Obligations. Create, incur, assume or suffer to exist any material Guarantee Obligation of the Borrower or any of its SubsidiariesBorrower, except as may occur in the ordinary course of the Borrower’s or such Subsidiary’s business and which is not otherwise prohibited by this Agreement or any Requirements of Law.

Appears in 2 contracts

Samples: Loan and Security Agreement (Apollo Senior Floating Rate Fund Inc.), Loan and Security Agreement (Apollo Tactical Income Fund Inc.)

Limitation on Guarantee Obligations. Create, incur, assume or suffer to exist any material Guarantee Obligation of the Borrower or any of its Subsidiariessuch Borrower, except as may occur in the ordinary course of the such Borrower’s or such Subsidiary’s 's business and which is not otherwise prohibited by any Requirements Requirement of Law.

Appears in 1 contract

Samples: Credit Agreement (Korea Fund Inc)

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