Common use of Business Development Company Clause in Contracts

Business Development Company. The Company, during a period of two years from the effective date of the Registration Statement, will use its best reasonable efforts to maintain its status as a business development company; provided, however, the Company may change the nature of its business so as to cease to be, or to withdraw its election as, a business development company, with the approval of its board of directors and a vote of the stockholders as required by Section 58 of the Investment Company Act, or any successor provision.

Business Development Company. The Company, during a period of two years twelve months from the effective date of the Registration Statement, will use its best commercially reasonable efforts to maintain its status as a business development companycompany under the Investment Company Act; provided, however, that the Company may change the nature of its business so as to cease to be, or to withdraw its election to be treated as, a business development company, company with the approval of its board Board of directors Directors and a vote of the stockholders as required by Section 58 of the Investment Company Act, or any successor provision.

Business Development Company. The Company, during a period of two years from the effective date of the Registration StatementOffering Memorandum, will use its best commercially reasonable efforts to maintain its status as a business development companycompany under the Investment Company Act; provided, however, that the Company may change the nature of its business so as to cease to be, or to withdraw its election to be treated as, a business development company, company with the approval of its board Board of directors Directors and a vote of the stockholders as required by Section 58 of the Investment Company Act, or any successor provision.

Business Development Company. The Company, during a period of two years from the effective date of the Registration Statement, will use its best commercially reasonable efforts to maintain its status as a business development companycompany under the Investment Company Act; provided, however, that the Company may change the nature of its business so as to cease to be, or to withdraw its election to be treated as, a business development company, company with the approval of its board Board of directors Directors and a vote of the stockholders as required by Section 58 of the Investment Company Act, or any successor provision.