Common use of Status of RIC and BDC Clause in Contracts

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 82 contracts

Samples: Senior Secured Credit Agreement (Blackstone Private Credit Fund), Senior Secured Credit Agreement (Blackstone Secured Lending Fund), Credit Agreement (Pennantpark Investment Corp)

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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: Secured Revolving Credit Agreement (Capitala Finance Corp.), Secured Revolving Credit Agreement (Sierra Income Corp), 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 ActAct and as a RIC under the Code.

Appears in 15 contracts

Samples: Senior Secured Credit Agreement (Barings BDC, Inc.), Revolving Credit Agreement (Oaktree Specialty Lending Corp), Secured Revolving Credit Agreement (Barings BDC, Inc.)

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.), Form Of (SLR Investment Corp.), Senior Secured 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 Act.Act and as a RIC under the Code. SECTION 5.11

Appears in 3 contracts

Samples: Secured Revolving Credit Agreement (Barings Capital Investment Corp), Revolving Credit Agreement (Barings BDC, Inc.), Secured Revolving Credit Agreement (Barings BDC, Inc.)

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.. 108

Appears in 3 contracts

Samples: Senior Secured (FS Investment Corp III), Senior Secured (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: Term Loan Facility Agreement (CION Investment Corp), Loan Facility Agreement (CION Investment Corp), Loan Facility Agreement (CION 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.

Appears in 2 contracts

Samples: Senior Secured Revolving Credit Agreement (Pennantpark Investment Corp), 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 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 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 (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 Act.

Appears in 2 contracts

Samples: Secured Revolving Credit Agreement (FIDUS INVESTMENT Corp), Senior Secured (FIDUS 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.. DOCVARIABLE #DNDocID \* MERGEFORMAT 748401849 103 Second Amended and Restated Revolving Credit Agreement

Appears in 1 contract

Samples: Revolving Credit Agreement (Pennantpark 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

Samples: Revolving Credit Agreement (West Bay BDC LLC)

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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

Samples: 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. and as a RIC under the Code.

Appears in 1 contract

Samples: Senior Secured Revolving Credit Agreement (Alcentra Capital 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. SECTION 5.11.

Appears in 1 contract

Samples: Credit Agreement (Monroe Capital Income Plus Corp)

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.. Exhibit 10.21

Appears in 1 contract

Samples: Senior Secured (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.

Appears in 1 contract

Samples: 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.Act and as a RIC under the Code. (101)

Appears in 1 contract

Samples: Credit Agreement (Oaktree Specialty Lending Corp)

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