Investment Company Act; Xxxxxxx Rule. None of the Borrower nor the pool of Collateral is required to register as an “investment company” under the Investment Company Act. The Advances do not constitute an “ownership interest” in a “covered fund” for purposes of the Xxxxxxx Rule.
Appears in 3 contracts
Samples: Credit and Security Agreement (BlackRock Private Credit Fund), Credit and Security Agreement (BlackRock Private Credit Fund), Credit and Security Agreement (BlackRock Private Credit Fund)
Investment Company Act; Xxxxxxx Rule. None of Neither the Borrower nor the pool of Collateral is required to register as an “investment company” under the Investment Company Act. The Advances do Borrower is not constitute an a “covered fund” as defined in the Xxxxxxx Rule by virtue of the “loan securitization exemption” thereunder, and the obligations of the Borrower under this Agreement are not and will not be “ownership interestinterests” in a “covered fund” for purposes of under the Xxxxxxx Rule.
Appears in 3 contracts
Samples: Credit and Security Agreement (TCW Direct Lending VII LLC), Credit and Security Agreement (TCW Direct Lending VII LLC), Credit and Security Agreement (TCW Direct Lending VII LLC)
Investment Company Act; Xxxxxxx Rule. None of Neither the Borrower nor the pool of Collateral is required to register as an “investment company” under the Investment Company Act. The Advances do not constitute an “ownership interest” in a “covered fund” for purposes of the Xxxxxxx Rule.
Appears in 2 contracts
Samples: Credit and Security Agreement (TCW Direct Lending VIII LLC), Credit and Security Agreement (TCW Direct Lending VIII LLC)
