Common use of Lending and borrowing Clause in Contracts

Lending and borrowing. The Manager shall not, without the prior approval in writing of the Partnership and save in respect of drawdowns of the Available Amounts, make arrangements: 11.1. to borrow on the Partnership's behalf whether secured against Investments or other property of the Partnership or otherwise; or 11.2. to lend to a third party Investments or documents of title or certificates evidencing title to Investments or other property belonging to the Partnership.

Appears in 3 contracts

Sources: Fund Management Agreement, Fund Management Agreement, Fund Management Agreement