With respect to the Corporation. (1) The Corporation is a corporation duly organized, existing and in good standing under the laws of the state of its formation;
(2) The Corporation is an investment company properly registered under the 1940 Act;
(3) The Registration Statement will become effective prior to the commencement of the Corporation’s public offering and will be effective and remain effective during the term of this Agreement.;
(4) Prior to the commencement of the Corporation’s public offering, any necessary filings under the securities laws of the states in which the Corporation offers or sells its shares will be made; and
(5) As of the close of business on the date of this Agreement, the Advisor is authorized to issue a sufficient number of shares of beneficial interest with respect to the Funds.
