Common use of Maintenance of RIC Status and Business Development Company Clause in Contracts

Maintenance of RIC Status and Business Development Company. The Borrower will maintain its status as a RIC under the Code and as a “business development company” under the Investment Company Act.

Appears in 19 contracts

Samples: Credit Agreement (MSC Income Fund, Inc.), Credit Agreement (MSC Income Fund, Inc.), Credit Agreement (MSC Income Fund, Inc.)

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Maintenance of RIC Status and Business Development Company. The Borrower will maintain its status as a an RIC under the Code and as a “business development company” under the Investment Company Act.

Appears in 8 contracts

Samples: Credit Agreement (Main Street Capital CORP), Credit Agreement (Main Street Capital CORP), Credit Agreement (Main Street Capital CORP)

Maintenance of RIC Status and Business Development Company. The Borrower will maintain its status as a RIC under the Code and as a “business development company” under the Investment Company ActAct of 1940 (as in effect on the Closing Date), including maintenance of “Asset Coverage” (as such term is defined in the Investment Company Act of 1940) of at least 200% pursuant to Section 18, as amended by Section 61, of the Investment Company Act of 1940.

Appears in 1 contract

Samples: Secured Revolving Credit Agreement (MVC Capital, Inc.)

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Maintenance of RIC Status and Business Development Company. The From and after the date of the Permitted Merger, the Borrower will maintain its status as a RIC under the Code and as a “business development company” under the Investment Company Act.

Appears in 1 contract

Samples: Credit Agreement (HMS Income Fund, Inc.)

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