Status of RIC and BDC. The Borrower shall at all times maintain its status as a “business development company” under the Investment Company Act 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 5 contracts
Samples: Senior Secured Revolving Credit Agreement (Capital Southwest Corp), Senior Secured Revolving Credit Agreement (Capital Southwest Corp), Secured Revolving Credit Agreement (Capital Southwest Corp)
Status of RIC and BDC. The Borrower shall at all times maintain its status as a “business development company” under the Investment Company Act 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. SECTION 5.11.
Appears in 1 contract
Samples: Secured Revolving Credit Agreement (Capital Southwest Corp)
