Status of RIC and BDC. The Borrower shall at all times maintain its status as a RIC under the Code, and as a “business development company” under the Investment Company Act.
Appears in 83 contracts
Samples: Senior Secured Credit Agreement (Blackstone Private Credit Fund), Senior Secured Revolving Credit Agreement (Pennantpark Investment Corp), Senior Secured Credit Agreement (Blackstone Secured Lending Fund)
Status of RIC and BDC. The Borrower shall at all times maintain its status as a RIC under the Code, and as a “business development company” under the Investment Company ActAct and as a RIC under the Code.
Appears in 18 contracts
Samples: Senior Secured Credit Agreement (Barings BDC, Inc.), Senior Secured Revolving Credit Agreement (Oaktree Specialty Lending Corp), Senior Secured Revolving Credit Agreement (Barings BDC, Inc.)
Status of RIC and BDC. The Borrower shall at all times maintain its status as a RIC under the Code, Code and as a “business development company” under the Investment Company Act.
Appears in 17 contracts
Samples: Senior Secured Revolving Credit Agreement (Capitala Finance Corp.), Senior Secured Revolving Credit Agreement (Sierra Income Corp), Senior Secured Revolving Credit Agreement (FS Investment CORP)
Status of RIC and BDC. The Borrower shall at all times maintain its status as a RIC under the Code, and as a “business development company” under the Investment Company Act. The Borrower has elected to be treated as a RIC commencing with its taxable year ending December 31, 2013, and will at all times beginning in that taxable year and thereafter continue to be treated as a RIC.
Appears in 6 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 of RIC and BDC. The Borrower shall at all times maintain its status as a RIC under the Code, and as a “business development company” under the Investment Company ActAct and as a RIC under the Code. The Borrower shall remain an internally managed business development company and shall not submit any vote to its shareholder to approve any advisory agreement or contract.
Appears in 6 contracts
Samples: Senior Secured Revolving Credit Agreement (Capital Southwest Corp), Senior Secured Revolving Credit Agreement (Capital Southwest Corp), Senior Secured Revolving Credit Agreement (Capital Southwest Corp)
Status of RIC and BDC. The Borrower shall at all times (a) maintain its status as a RIC under the Code, and (b) maintain its status as a “business development company” under the Investment Company Act.
Appears in 5 contracts
Samples: Senior Secured Credit Agreement (SLR Investment Corp.), Senior Secured Credit Agreement (SLR Investment Corp.), Senior Secured Credit Agreement (Solar Capital Ltd.)
Status of RIC and BDC. The Such Borrower shall at all times maintain its status as a RIC under the Code, and as a “business development company” under the Investment Company Act.
Appears in 4 contracts
Samples: Senior Secured Revolving Credit Agreement (FS Investment Corp III), Senior Secured Revolving Credit Agreement (FS Investment Corp II), Senior Secured Revolving Credit Agreement (Corporate Capital Trust, Inc.)
Status of RIC and BDC. The Borrower shall at all times maintain its status as a RIC under the Code, and as a “business development company” under the Investment Company Act.
Appears in 3 contracts
Samples: Unsecured Term Loan Facility Agreement (CION Investment Corp), Unsecured Term Loan Facility Agreement (CION Investment Corp), Unsecured Term Loan Facility Agreement (CION Investment Corp)
Status of RIC and BDC. The From and after the Effective Date, the Borrower shall at all times (i) maintain its status as a RIC under the Code, and (ii) maintain its status as a “business development company” under the Investment Company Act.
Appears in 2 contracts
Samples: Senior Secured Term Loan Agreement (Solar Capital Ltd.), Senior Secured Revolving Credit Agreement (Solar Capital Ltd.)
Status of RIC and BDC. The Borrower shall at all times maintain its status as a RIC under the Code, and as a “business development company” under the Investment Company 1940 Act.
Appears in 2 contracts
Samples: Credit Agreement (American Capital Strategies LTD), Credit Agreement (American Capital Strategies LTD)
Status of RIC and BDC. The Borrower shall at all times maintain its status as a RIC under the Code, and as a “"business development company” " under the Investment Company Act.
Appears in 2 contracts
Samples: Senior Secured Revolving Credit Agreement (Pennantpark Investment Corp), Senior Secured Revolving Credit Agreement (BlackRock Kelso Capital CORP)
Status of RIC and BDC. The Borrower shall at all times maintain its status as a RIC under the Code, and as a “business development company” under the Investment Company Act.
Appears in 2 contracts
Samples: Senior Secured Revolving Credit Agreement (FIDUS INVESTMENT Corp), Senior Secured Revolving Credit Agreement (FIDUS INVESTMENT Corp)
Status of RIC and BDC. The Initial Borrower shall at all times (a) maintain its status as a RIC under the Code, and as a “business development company” under the Investment Company ActAct and (b) use reasonable best efforts to maintain its status as a RIC under the Internal Revenue Code.
Appears in 1 contract
Status of RIC and BDC. The Borrower shall at all times maintain its status as a RIC under the Code, and as a “"business development company” " under the Investment Company Act.
Appears in 1 contract
Status of RIC and BDC. The Borrower shall at all times maintain its status as a RIC under the Code, and as a “business development company” under the Investment Company Act.Act and as a RIC under the Code. (101)
Appears in 1 contract
Samples: Senior Secured Revolving Credit Agreement (Oaktree Specialty Lending Corp)
Status of RIC and BDC. The Borrower shall at all times maintain its status as a RIC under the Code, and as a “business development company” under the Investment Company Act.. DOCVARIABLE #DNDocID \* MERGEFORMAT 748401849 103 Second Amended and Restated Revolving Credit Agreement
Appears in 1 contract
Samples: Senior Secured Revolving Credit Agreement (Pennantpark Investment Corp)
Status of RIC and BDC. The Borrower shall at all times (i) maintain its status as a RIC under the Code, and as a “business development company” under the Investment Company ActAct and (ii) beginning with the Initial RIC Year maintain its status as a RIC under the Code.
Appears in 1 contract
Samples: Senior Secured Revolving Credit Agreement (Varagon Capital Corp)
Status of RIC and BDC. The Borrower shall at all times maintain its status as a RIC under the Code, and as a “business development company” under the Investment Company Act.
Appears in 1 contract
Status of RIC and BDC. The Borrower shall at all times maintain its status as a RIC under the Code, and as a “business development company” under the Investment Company Act. and as a RIC under the Code.
Appears in 1 contract
Samples: Senior Secured Revolving Credit Agreement (Alcentra Capital Corp)
