Common use of Regulated Investment Company Clause in Contracts

Regulated Investment Company. The Borrower will maintain its status as a “regulated investment company” under the Internal Revenue Code at all times and will make sufficient distributions to qualify to be taxed as a “regulated investment company” pursuant to subchapter M of the Internal Revenue Code.

Appears in 17 contracts

Samples: Credit Agreement (Neuberger Berman Real Estate Securities Income Fund Inc), Credit Agreement (Blackrock Floating Rate Income Trust), Credit Agreement (Credit Suisse Asset Management Income Fund Inc)

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Regulated Investment Company. The Borrower will use reasonable best efforts to maintain its status as a “regulated investment company” under the Internal Revenue Code at all times and will use reasonable best efforts to make sufficient distributions to qualify to be taxed as a “regulated investment company” pursuant to subchapter M of the Internal Revenue Code.

Appears in 6 contracts

Samples: Credit Agreement (Western Asset Global High Income Fund Inc.), Credit Agreement (NexPoint Capital, Inc.), Credit Agreement (LMP Corporate Loan Fund Inc.)

Regulated Investment Company. The Such Borrower will maintain its status as a “regulated investment company” under the Internal Revenue Code at all times and will make sufficient distributions to qualify to be taxed as a “regulated investment company” pursuant to subchapter M of the Internal Revenue Code.

Appears in 5 contracts

Samples: Credit Agreement (Putnam Sustainable Leaders Fund), Credit Agreement (Allianz Funds), Credit Agreement (Putnam Diversified Income Trust)

Regulated Investment Company. The Borrower will at all times maintain its status as a "regulated investment company" under the Internal Revenue Code at all times and will make sufficient distributions timely distribute its income (including capital gains) so that it will not be subject to qualify to be taxed as a “regulated investment company” pursuant to subchapter M of tax (including corporate tax) under the Internal Revenue Code.

Appears in 2 contracts

Samples: Credit Agreement (DNP Select Income Fund Inc), Credit Agreement (Kemper High Income Trust)

Regulated Investment Company. The Borrower will maintain its status as a “regulated investment company” under the Internal Revenue Code at all times and will make sufficient distributions to qualify to be taxed as a “regulated investment company” pursuant to subchapter M of the Internal Revenue Code.

Appears in 2 contracts

Samples: Credit Agreement (Invesco Senior Income Trust), Credit Agreement (Invesco Dynamic Credit Opportunities Fund)

Regulated Investment Company. The Borrower will maintain its status as a "regulated investment company" under the Internal Revenue Code at all times and will make sufficient distributions to qualify to be taxed as a "regulated investment company" pursuant to subchapter M of the Internal Revenue Code.

Appears in 2 contracts

Samples: Credit Agreement (Prospect Street High Income Portfolio Inc), Credit Agreement (Prospect Street High Income Portfolio Inc)

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Regulated Investment Company. The Borrower will maintain its status as a "regulated investment company" under the Internal Revenue Code at all times and will make sufficient distributions to qualify to be taxed as a "regulated investment company" pursuant to subchapter M of the Internal Revenue Code.

Appears in 1 contract

Samples: Credit Agreement (Nicholas Applegate Institutional Funds)

Regulated Investment Company. The Borrower will use reasonable best efforts to maintain its status as a “regulated investment company” under the Internal Revenue Code at all times and will use reasonable best efforts to make sufficient distributions to qualify to be taxed as a “regulated investment company’’ pursuant to subchapter M of the Internal Revenue Code.

Appears in 1 contract

Samples: Credit Agreement (NexPoint Credit Strategies Fund)

Regulated Investment Company. The Borrower will at all times maintain its status as a “regulated investment company” under the Internal Revenue Code at all times and will make sufficient distributions timely distribute its income (including capital gains) so that it will not be subject to qualify to be taxed as a “regulated investment company” pursuant to subchapter M of tax (including corporate tax) under the Internal Revenue Code.

Appears in 1 contract

Samples: Credit Agreement (Duff & Phelps Utility & Corporate Bond Trust Inc)

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