Common use of Status of RIC and BDC Clause in Contracts

Status of RIC and BDC. The Borrower shall elect RIC treatment in the 2022 taxable year upon filing applicable tax returns in 2023. Upon electing RIC treatment, 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.

Status of RIC and BDC. The Borrower shall elect to be taxed as a RIC treatment in the 2022 effective for its taxable year ending December 31, 2022, upon filing applicable tax returns in 2023. Upon electing RIC treatmentThroughout its taxable year ending December 31, 2022, and throughout subsequent taxable years, the Borrower shall at all times, subject to applicable grace periods set forth in the Code, times maintain its status as a RIC under the Code. The Borrower shall at all times, and including at all times during its taxable year ending December 31, 2022, maintain its status as a “business development company” under the Investment Company Act.

Status of RIC and BDC. The Borrower shall elect RIC treatment in with respect to the 2022 taxable year ending December 31, 2023 upon filing applicable tax returns in 20232024. Upon electing RIC treatment, the Borrower shall at all times, subject to applicable grace periods set forth in the Code, times 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.

Status of RIC and BDC. The Borrower shall elect to be treated as a RIC treatment in the 2022 effective for its taxable year ending December 31, 2023, upon filing applicable tax returns in 2024. Throughout its taxable year ending December 31, 2023. Upon electing RIC treatment, and throughout subsequent taxable years, the Borrower shall at all times, subject to applicable grace periods set forth in the Code, times maintain its status as a RIC under the Code. The Borrower shall at all times, and including at all times during its taxable year ending December 31, 2023, maintain its status as a “business development company” under the Investment Company Act.

Status of RIC and BDC. The Borrower shall elect RIC treatment in the 2022 taxable year upon filing applicable tax returns in 2023. Upon electing RIC treatment, the Borrower shall at all times, subject to applicable grace periods set forth in the Code, times 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.

Status of RIC and BDC. The Borrower shall elect RIC treatment in the 2022 2021 taxable year upon filing applicable tax returns the necessary taxes in 20232022. Upon electing RIC treatment, the Borrower shall at all times, subject to applicable grace periods set forth in the Code, times maintain its status as a RIC under the Code, and as a “business development company” under the Investment Company Act.

Status of RIC and BDC. The Borrower shall elect RIC treatment in the 2022 2023 taxable year upon filing applicable tax returns in 20232024. Upon electing RIC treatment, 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.

Status of RIC and BDC. The Initial Borrower shall elect RIC treatment in the 2022 2023 taxable year upon filing applicable tax returns the necessary taxes in 20232024. Upon electing RIC treatment, the Initial Borrower shall at all times, subject to applicable grace periods set forth in the Code, times maintain its status as a RIC under the Internal Revenue Code, and as a “business development company” under the Investment Company Act.

Status of RIC and BDC. The Borrower shall elect to be treated as a RIC treatment in the 2022 effective for its taxable year ending December 31, 2023, upon filing applicable tax returns in 2024. Throughout its taxable year ending December 31, 2023. Upon electing RIC treatment, and throughout subsequent taxable years, 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. The Borrower shall at all times, including at all times during its taxable year ending December 31, 2023, maintain its status, and as a “business development company” under the Investment Company Act.

Status of RIC and BDC. The Borrower shall elect RIC treatment in the 2022 2021 taxable year upon filing applicable tax returns in 20232022. Upon electing RIC treatment, the Borrower shall at all times, subject to applicable grace periods set forth in the Code, times maintain its status as a RIC under the Code, and as a “business development company” under the Investment Company Act.

Status of RIC and BDC. The Borrower shall elect RIC treatment in the 2022 taxable year upon filing applicable tax returns in 2023. Upon electing RIC treatment, the Borrower shall at all times, subject to applicable grace periods set forth in the Code, times maintain its status as a RIC under the Code, and as a “business development company” under the Investment Company Act.