Sole Purpose. It (i) is not an entity that has been established or operates for the sole purpose of securitising exposures and (ii) has the capacity to meet its payment obligations from resources not related to the exposures it securitises.
Appears in 10 contracts
Samples: Revolving Credit and Security Agreement (Fidelity Private Credit Fund), Revolving Credit and Security Agreement (Goldman Sachs Private Credit Corp.), Credit and Security Agreement (Morgan Stanley Direct Lending Fund)