Common use of Qualification as a Regulated Investment Company Clause in Contracts

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: Debt Underwriting Agreement (THL Credit, Inc.), Underwriting Agreement (THL Credit, Inc.), Debt Underwriting Agreement (THL Credit, Inc.)

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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.)

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