Common use of Status of RIC and BDC Clause in Contracts

Status of RIC and BDC. The Company shall at all times, subject to applicable grace periods set forth in the Code, maintain its status as a RIC, and as a “business development company” under the Investment Company Act.

Appears in 3 contracts

Samples: Note Purchase Agreement (WhiteHorse Finance, Inc.), Note Purchase Agreement (WhiteHorse Finance, Inc.), Note Purchase Agreement (WhiteHorse Finance, Inc.)

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Status of RIC and BDC. The Company shall at all times, subject to any applicable grace periods set forth in the Code, maintain its status as a RIC, RIC under the Code and as a “business development company” under the Investment Company Act.

Appears in 2 contracts

Samples: Master Note Purchase Agreement (Crescent Capital BDC, Inc.), Master Note Purchase Agreement (Crescent Capital BDC, Inc.)

Status of RIC and BDC. The Company shall operate at all times, subject to any applicable grace periods set forth in the Code, maintain its status as a RIC, RIC under the Code and as a “business development company” under the Investment Company Act.

Appears in 1 contract

Samples: Master Note Purchase Agreement (New Mountain Guardian III BDC, L.L.C.)

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Status of RIC and BDC. The Company shall at all times, subject to applicable grace periods set forth in the Code, maintain its status as a RIC, and as a “business development company” under the Investment Company Act.. WhiteHorse Finance, Inc. Note Purchase Agreement

Appears in 1 contract

Samples: Note Purchase Agreement (WhiteHorse Finance, Inc.)

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