Common use of Compliance with 1940 Act Clause in Contracts

Compliance with 1940 Act. As of ______________, 20__, the Borrower is in material compliance with the 1940 Act, including but not limited to, all leverage regulations specified in the 1940 Act. As of the date hereof, the Borrower’s applicable “Asset Coverage,” determined as required by Section 18(f)(1) of the 1940 Act, for the following is: (i) Senior Securities Representing _________________% (ii) Senior Securities (as used in the 1940 Act) _________________%

Appears in 4 contracts

Samples: Credit Agreement (Tortoise Power & Energy Infrastructure Fund Inc), Credit Agreement (Tortoise North American Energy Corp), Credit Agreement (Tortoise Capital Resources Corp)

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Compliance with 1940 Act. As of ______________, 20___, the Borrower is in material compliance with the 1940 Act, including but not limited to, all leverage regulations specified in the 1940 Act. As of the date hereof, the Borrower’s applicable “Asset Coverage,” determined as required by Section 18(f)(1) of the 1940 Act, for the following is: (i) Senior Securities Representing _________________Indebtedness (as used in the 1940 Act) % (ii) Senior Securities (as used in the 1940 Act) _________________that are Stock %

Appears in 3 contracts

Samples: Credit Agreement (Tortoise Energy Capital Corp), Credit Agreement (Tortoise Energy Infrastructure Corp), Credit Agreement (Tortoise Gas & Oil Corp)

Compliance with 1940 Act. As of ______________, 20___, the Borrower is in material compliance with the Investment Company Act of 1940, and the rules and regulations promulgated thereunder, as the same may be amended from time to time (the “1940 Act”), including but not limited to, all leverage regulations specified in the 1940 Act. As of the date hereof, the Borrower’s applicable “Asset Coverage,” determined as required by Section 18(f)(1) of the 1940 Act, for the following is: (i) Senior Securities Representing _________________% (ii) Senior Securities (as used in the 1940 Act) _________________%.

Appears in 2 contracts

Samples: Credit Agreement (Tortoise Energy Infrastructure Corp), Credit Agreement (Tortoise Energy Capital Corp)

Compliance with 1940 Act. As of ______________, 20__, the Borrower is in material compliance with the 1940 Act, including but not limited to, all leverage regulations specified in Section 6.1(o) of the 1940 ActCredit Agreement. As of the date hereof, the Borrower’s applicable “Asset Coverage,determined (as required by defined in Section 18(f)(118(h) of the 1940 Act, for the following is0000 Xxx) is as follows: (i) Senior Securities Representing _________________% (ii) Senior Securities Indebtedness (as used in the 1940 Act0000 Xxx) _________________ % (ii) Senior Securities (as used in the 1940 Act) that are Stock _________________ %

Appears in 2 contracts

Samples: Credit Agreement, Credit Agreement (Tortoise Energy Infrastructure Corp)

Compliance with 1940 Act. As of ______________, 20__, the Borrower is in material compliance with the 1940 Act, including but not limited to, all leverage regulations specified in the 1940 Act. As of the date hereof, the Borrower’s 's applicable "Asset Coverage," determined as required by Section 18(f)(1) of the 1940 Act, for the following is: (i) Senior Securities Representing _________________%% Indebtedness (as used in the 1940 Act) (ii) Senior Securities (as used in the 1940 Act) _________________%% that are Stock

Appears in 1 contract

Samples: Credit Agreement (Tortoise Energy Capital Corp)

Compliance with 1940 Act. As of ______________, 20__, the Borrower is in material compliance with the 1940 Act, including but not limited to, all leverage regulations specified in Section 6.l(o) of the 1940 ActCredit Agreement. As of the date hereof, the Borrower’s applicable “Asset Coverage,determined (as required by defined in Section 18(f)(118(h) of the 1940 Act, for the following is) is as follows: (i) Senior Securities Representing __Indebtedness (as used in the 1940 Act) _______________% (ii) Senior Securities (as used in the 1940 Act) __that are Stock _______________%

Appears in 1 contract

Samples: Credit Agreement (Tortoise Energy Infrastructure Corp)

Compliance with 1940 Act. As of ______________, 20___, the Borrower is in material compliance with the 1940 Act, including but not limited to, all leverage regulations specified in Section 6.l(o) of the 1940 ActCredit Agreement. As of the date hereof, the Borrower’s applicable “Asset Coverage,determined (as required by defined in Section 18(f)(118(h) of the 1940 Act, for the following is) is as follows: (i) Senior Securities Representing Indebtedness (as used in the 1940 Act) ______________________% (ii) Senior Securities (as used in the 1940 Act) that are Stock ______________________%

Appears in 1 contract

Samples: Credit Agreement (Tortoise Midstream Energy Fund, Inc.)

Compliance with 1940 Act. As of ______________, 20__, the Borrower is in material compliance with the 1940 Act, including but not limited to, all leverage regulations specified in the 1940 Act. As of the date hereof, the Borrower’s applicable “Asset Coverage,” determined as required by Section 18(f)(1) of the 1940 Act, for the following is: (i) Senior Securities Representing Indebtedness (as used in the 1940 Act) _________________% (ii) Senior Securities (as used in the 1940 Act) that are Stock _________________%

Appears in 1 contract

Samples: Credit Agreement (Tortoise North American Energy Corp)

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Compliance with 1940 Act. As of ______________, 20__, the Borrower is in material compliance with the Investment Company Act of 1940, and the rules and regulations promulgated thereunder, as the same may be amended from time to time (the "1940 Act"), including but not limited to, all leverage regulations specified in the 1940 Act. As of the date hereof, the Borrower’s applicable “Asset Coverage,” determined as required by Section 18(f)(1) of the 1940 Act, for the following is: (i) Senior Securities Representing _________________% (ii) Senior Securities (as used in the 1940 Act) _________________%.

Appears in 1 contract

Samples: Credit Agreement (Tortoise Capital Resources Corp)

Compliance with 1940 Act. As of ______________, 20__, the Borrower is in material compliance with the Investment Company Act of 1940, and the rules and regulations promulgated thereunder, as the same may be amended from time to time (the “1940 Act”), including but not limited to, all leverage regulations specified in the 1940 Act. As of the date hereof, the Borrower’s applicable “Asset Coverage,” determined as required by Section 18(f)(1) of the 1940 Act, for the following is: (i) Senior Securities Representing _________________% (ii) Senior Securities (as used in the 1940 Act) _________________%.

Appears in 1 contract

Samples: Credit Agreement (Tortoise North American Energy Corp)

Compliance with 1940 Act. As of ______________, 20__, the Borrower is in material compliance with the 1940 Act, including but not limited to, all leverage regulations specified in Section 6.1(o) of the 1940 ActCredit Agreement. As of the date hereof, the Borrower’s applicable “Asset Coverage,determined (as required by defined in Section 18(f)(118(h) of the 1940 Act, for the following is0000 Xxx) is as follows: (i) Senior Securities Representing _________________Indebtedness (as used in the 1940 Act) % (ii) Senior Securities (as used in the 1940 Act) _________________that are Stock %

Appears in 1 contract

Samples: Credit Agreement (Tortoise Energy Infrastructure Corp)

Compliance with 1940 Act. As of ______________, 20__, the Borrower is in material compliance with the 1940 Act, including but not limited to, all leverage regulations specified in the 1940 Act. As of the date hereof, the Borrower’s applicable “Asset Coverage,” determined as required by Section 18(f)(1) of the 1940 Act, for the following is: (i) Senior Securities Representing Indebtedness (as used in the 0000 Xxx) $_________________% (ii) Senior Securities (as used in the 1940 Act) that are Stock $_________________%

Appears in 1 contract

Samples: Credit Agreement (Tortoise Energy Infrastructure Corp)

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