Status of RIC and BDC. The Borrower shall at all times, subject to applicable grace periods set forth in the Code, maintain its status as a RIC under the Code, and as a “business development company” under the Investment Company Act.
Appears in 49 contracts
Samples: Senior Secured Revolving Credit Agreement (Blue Owl Capital Corp), Senior Secured Revolving Credit Agreement (Blue Owl Capital Corp III), Senior Secured Credit Agreement (Lord Abbett Private Credit Fund)
Status of RIC and BDC. The As of the Effective Date the Borrower is treated as a RIC under the Code, the Borrower shall at all timestimes thereafter, subject to applicable grace periods set forth in the Code, maintain its status as a RIC under the Code, and . The Borrower shall at all times maintain its status as a “business development company” under the Investment Company Act.
Appears in 9 contracts
Samples: Senior Secured Revolving Credit Agreement (Crescent Capital BDC, Inc.), Senior Secured Revolving Credit Agreement (Varagon Capital Corp), Senior Secured Revolving Credit Agreement (Morgan Stanley Direct Lending Fund)
Status of RIC and BDC. The Borrower shall shall, at all times, subject to applicable grace periods set forth in the Code, maintain its status as a RIC under the Code, and . The Borrower shall at all times maintain its status as a “business development company” under the Investment Company Act.
Appears in 7 contracts
Samples: Senior Secured Revolving Credit Agreement (AG Twin Brook Capital Income Fund), Senior Secured Revolving Credit Agreement (Prospect Floating Rate & Alternative Income Fund, Inc.), Senior Secured Revolving Credit Agreement (Barings Private Credit Corp)
Status of RIC and BDC. The As of the date the Borrower is treated as a RIC under the Code, the Borrower shall at all timestimes thereafter, subject to applicable grace periods set forth in the Code, maintain its status as a RIC under the Code, and . The Borrower shall at all times maintain its status as a “business development company” under the Investment Company Act.
Appears in 3 contracts
Samples: Senior Secured Revolving Credit Agreement (Owl Rock Core Income Corp.), Senior Secured Revolving Credit Agreement (Owl Rock Core Income Corp.), Senior Secured Revolving Credit Agreement (Owl Rock Core Income Corp.)
Status of RIC and BDC. The As of the Effective Date, the Borrower is treated as a RIC under the Code, the Borrower shall at all timestimes thereafter, subject to applicable grace periods set forth in the Code, maintain its status as a RIC under the Code, and . The Borrower shall at all times maintain its status as a “business development company” under the Investment Company Act.
Appears in 2 contracts
Samples: Revolving Credit Agreement (Hercules Capital, Inc.), Revolving Credit Agreement (Hercules Capital, Inc.)
Status of RIC and BDC. The Borrower shall at all times, subject to applicable grace or cure periods set forth in the Code, 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: Senior Secured Revolving Credit Agreement (PGIM Private Credit Fund)
Status of RIC and BDC. The As of the Effective Date the Borrower is treated as a RIC under the Code, the Borrower shall at all timestimes thereafter, subject to applicable grace periods set forth in the Code, maintain its status as a RIC under the Code, and . The DOCVARIABLE #DNDocID \* MERGEFORMAT 765655780 Borrower shall at all times maintain its status as a “business development company” under the Investment Company Act.
Appears in 1 contract
Samples: Senior Secured Revolving Credit Agreement (Bain Capital Specialty Finance, Inc.)
