Portfolio Company Compensation. In certain circumstances, the Adviser, any Sub-Adviser, or any of their respective affiliates, may receive compensation from a portfolio company in connection with the Company’s investment in such portfolio company. Any compensation received by the Adviser, any Sub-Adviser, or any of their respective affiliates attributable to the Company’s investment in any portfolio company in excess of any of the limitations in or exemptions granted from the Investment Company Act, any interpretation thereof by the staff of the SEC, or the conditions set forth in any exemptive relief granted to the Adviser, any Sub-Adviser, or the Company by the SEC shall be delivered promptly to the Company and the Company shall retain such excess compensation for the benefit of its stockholders.
Appears in 6 contracts
Samples: Investment Advisory and Administrative Services Agreement (HMS Income Fund, Inc.), Investment Advisory and Administrative Services Agreement (Main Street Capital CORP), Investment Advisory and Administrative Services Agreement (HMS Income Fund, Inc.)
Portfolio Company Compensation. In certain circumstances, circumstances the Adviser, any Sub-Adviser, or any of their respective affiliatesAffiliates, may receive compensation from a portfolio company company, in connection with the Company’s investment in such portfolio company. Any compensation received by the Adviser, any Sub-Adviser, or any of their respective affiliates Affiliates, attributable to the Company’s investment in any portfolio company company, in excess of any of the limitations in or exemptions granted from the Investment Company 1940 Act, any interpretation thereof by the staff of the SEC, or the conditions set forth in any exemptive relief granted to the Adviser, any Sub-Adviser, Adviser or the Company by the SEC SEC, shall be delivered promptly to the Company and the Company shall will retain such excess compensation for the benefit of its stockholdersshareholders, subject to (i) applicable law and (ii) maintaining the Company’s compliance with Subchapter M of the Internal Revenue Code of 1986, as amended.
Appears in 1 contract
Samples: Investment Advisory Agreement (Corporate Capital Trust, Inc.)
Portfolio Company Compensation. In certain circumstances, circumstances the Adviser, any Sub-Adviser, Adviser or any of their respective affiliatesAffiliates, may receive compensation from a portfolio company in connection with the Company’s investment in such portfolio company. Any compensation received by the Adviser, any Sub-Adviser, Adviser or any of their respective affiliates Affiliates, attributable to the Company’s investment in any portfolio company company, in excess of any of the limitations in in, or exemptions granted from from, the Investment Company 1940 Act, any interpretation thereof by the staff of the SEC, or the conditions set forth in any exemptive relief granted to the Adviser, any Sub-Adviser, Adviser or the Company by the SEC SEC, shall be delivered promptly to the Company and the Company shall will retain such excess compensation for the benefit of its stockholdersshareholders, subject to (i) applicable law and (ii) maintaining the Company’s compliance with Subchapter M of the Internal Revenue Code of 1986, as amended.
Appears in 1 contract
Samples: Investment Advisory Agreement (Corporate Capital Trust II)
