Qualification as a Regulated Investment Company. The Company will use its reasonable efforts to comply with the applicable requirements to be treated as a “regulated investment company” (“RIC”) under Subchapter M of the Code; provided however, that at the discretion of the Company’s board of directors, it may elect not to be so treated.
Appears in 6 contracts
Samples: THL Credit, Inc., THL Credit, Inc., THL Credit, Inc.
Qualification as a Regulated Investment Company. The Company will use its reasonable best efforts to comply with the applicable requirements to be treated maintain its qualification as a “regulated investment company” (“RIC”) under Subchapter M of the Code; provided however, that at the discretion of the Company’s board of directors, it may elect not to be so treated.
Appears in 3 contracts
Samples: Underwriting Agreement (Patriot Capital Funding, Inc.), Underwriting Agreement (Patriot Capital Funding, Inc.), Underwriting Agreement (Patriot Capital Funding, Inc.)
Qualification as a Regulated Investment Company. The Company will use its reasonable best efforts to comply with the applicable requirements qualify for and elect to be treated as a “regulated investment company” (“RIC”) under Subchapter M of the CodeCode on [ ], 2010, and to maintain such qualification and election in effect for each full fiscal year during which it is a business development company under the Investment Company Act; provided however, that at the discretion of the Company’s board of directors, it may elect not to be so treated.
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