Common use of Diversification Requirements Clause in Contracts

Diversification Requirements. The Borrower will, and will cause its Subsidiaries (other than Financing Subsidiaries that are exempt from the provisions of the Code applicable to RIC’s), subject to applicable grace periods set forth in the Code, to comply with the portfolio diversification and similar requirements set forth in the Code applicable to RIC’s.

Appears in 10 contracts

Samples: Senior Secured Revolving Credit Agreement (BlackRock TCP Capital Corp.), Senior Secured Revolving Credit Agreement (BlackRock Capital Investment Corp), Senior Secured Revolving Credit Agreement (BlackRock Capital Investment Corp)

AutoNDA by SimpleDocs

Diversification Requirements. The Each Borrower will, and will shall cause its Subsidiaries (other than Financing Subsidiaries that are exempt from the provisions of the Code applicable to RIC’s)at all times to, subject to applicable grace periods set forth in the Internal Revenue Code, to comply with the portfolio diversification and similar requirements set forth in the Internal Revenue Code applicable to RIC’sRICs, to the extent applicable.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Crescent Capital BDC, Inc.), Revolving Credit Agreement (Crescent Capital BDC, Inc.)

Diversification Requirements. The Borrower will, and will cause its Subsidiaries (other than Financing Subsidiaries that are exempt from the provisions Investment Company Act) at all times, subject to Section 851(d) of the Code applicable to RIC’s), subject to and applicable grace periods set forth in the Code, to comply with the portfolio diversification and similar requirements set forth in the Code applicable to RIC’sRICs, to the extent applicable.

Appears in 1 contract

Samples: Senior Secured Revolving Credit Agreement (Goldman Sachs BDC, Inc.)

AutoNDA by SimpleDocs

Diversification Requirements. The Borrower will, and will cause its Subsidiaries (other than Financing Subsidiaries that are exempt from the provisions of the Code applicable to RIC’s's), subject to applicable grace periods set forth in the Code, to comply with the portfolio diversification and similar requirements set forth in the Code applicable to RIC’s's.

Appears in 1 contract

Samples: Senior Secured Revolving Credit Agreement (BlackRock Kelso Capital CORP)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!