Status as Business Development Company. The Parent has elected to be regulated as a “business development company” within the meaning of the Investment Company Act. The Parent qualifies as a RIC and has qualified as a RIC at all times since its taxable year ended December 31, 2012.
Appears in 3 contracts
Samples: Loan Documents (BlackRock TCP Capital Corp.), Secured Revolving Credit Agreement (BlackRock TCP Capital Corp.), Secured Revolving Credit Agreement (BlackRock TCP Capital Corp.)
Status as Business Development Company. The Each of the Parent and the Borrower has elected to be regulated as a “business development company” within the meaning of the Investment Company Act; provided that the Borrower may withdraw its election in accordance with Section 5.10. The Parent qualifies as a RIC and has qualified as a RIC at all times since its taxable year ended December 31, 2012.
Appears in 1 contract
Samples: Senior Secured (TCP Capital Corp.)
