Status as Business Development Company. The Borrower has elected to be regulated as a “business development company” within the meaning of the Investment Company Act and qualifies as a RIC.
Appears in 49 contracts
Samples: Senior Secured Revolving Credit Agreement (Crescent Capital BDC, Inc.), Revolving Credit Agreement (Hercules Capital, Inc.), Senior Secured Revolving Credit Agreement (Kayne Anderson BDC, Inc.)
Status as Business Development Company. The Borrower has elected to be regulated as a “business development company” within the meaning of the Investment Company Act and qualifies as a RICAct.
Appears in 12 contracts
Samples: Senior Secured Revolving Credit Agreement (Goldman Sachs BDC, Inc.), Senior Secured Revolving Credit Agreement (Goldman Sachs BDC, Inc.), Senior Secured Revolving Credit Agreement (Goldman Sachs BDC, Inc.)
Status as Business Development Company. The Borrower has elected to be regulated as a “business development company” within the meaning of the Investment Company Act and qualifies has elected to be treated, and has qualified, as a RIC.
Appears in 6 contracts
Samples: Senior Secured Revolving Credit Agreement (Prospect Floating Rate & Alternative Income Fund, Inc.), Senior Secured Revolving Credit Agreement (Barings Private Credit Corp), Revolving Credit Agreement (Barings Private Credit Corp)
Status as Business Development Company. The Borrower has elected to be regulated as a “business development company” within the meaning of the Investment Company Act and qualifies has taken, and will continue to take, all actions necessary to elect to be treated as a RICRIC beginning with its taxable year ended December 31, 2012.
Appears in 3 contracts
Samples: Senior Secured Revolving Credit Agreement (Stellus Capital Investment Corp), Senior Secured Revolving Credit Agreement (Stellus Capital Investment Corp), Senior Secured Revolving Credit Agreement (Stellus Capital Investment Corp)
Status as Business Development Company. The Borrower Company has elected to be regulated as a “business development company” within the meaning of the Investment Company Act and qualifies as a RIC.
Appears in 3 contracts
Samples: Note Purchase Agreement (CION Investment Corp), Note Purchase Agreement (CION Investment Corp), Note Purchase Agreement (CION Investment Corp)
Status as Business Development Company. The Borrower has elected to be regulated as a “business development company” within the meaning of the Investment Company Act and qualifies intends to elect to be treated as a RICRIC commencing with the Borrower’s taxable year ended December 31, 2023.
Appears in 2 contracts
Samples: Senior Secured Revolving Credit Agreement (Bain Capital Private Credit), Revolving Credit Agreement (Bain Capital Private Credit)
Status as Business Development Company. The Borrower has elected to be regulated as a “business development company” within the meaning of the Investment Company Act and qualifies will take all actions necessary to elect to be treated as a RICRIC beginning with its taxable year ended December 31, 2012.
Appears in 2 contracts
Samples: Senior Secured Revolving Credit Agreement (Stellus Capital Investment Corp), Senior Secured Revolving Credit Agreement (Stellus Capital Investment Corp)
Status as Business Development Company. The From and after the Effective Date, the Borrower represents and warrants that it is a company that has elected to be regulated as a “business development company” within the meaning of the Investment Company Act and qualifies as a RIC.
Appears in 2 contracts
Samples: Senior Secured Term Loan Agreement (Solar Capital Ltd.), Senior Secured Revolving Credit Agreement (Solar Capital Ltd.)
Status as Business Development Company. The Borrower has elected to be regulated as a “business development company” within the meaning of the Investment Company Act and qualifies has elected to be treated, and has qualified as a RIC.
Appears in 2 contracts
Samples: Senior Secured Revolving Credit Agreement (AG Twin Brook Capital Income Fund), Senior Secured Revolving Credit Agreement (AG Twin Brook Capital Income Fund)
Status as Business Development Company. The Borrower has elected intends to elect to be regulated as a “business development company” within the meaning of the Investment Company Act and qualifies intends to elect to be treated as a RIC.
Appears in 1 contract
Samples: Senior Secured Credit Agreement (AB Private Lending Fund)
