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Common use of BDC Status Clause in Contracts

BDC Status. The Collateral Manager will use its best efforts to continue to be regulated as a business development company under the 1940 Act.

Appears in 10 contracts

Sources: Loan and Security Agreement (New Mountain Guardian IV BDC, L.L.C.), Loan and Security Agreement (New Mountain Guardian IV BDC, L.L.C.), Loan and Security Agreement (New Mountain Guardian IV BDC, L.L.C.)

Related Clauses

  • PFIC Status
  • DTC Status
  • Company Status
  • Bankruptcy Status
  • Pay Status

Parent Clauses

  • Covenants
  • General Covenants
  • Miscellaneous
  • Governing Law
  • Replacement of Defaulting Lenders

Sub-Clauses

  • Change of Location of Underlying Instruments
  • Members of the Borrower
  • Change in Payment Instructions to Obligors
  • Location of Underlying Instruments
  • Compliance with Sanctions
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