BDC definition

BDC means a business development company under the Act.6

BDC means a business development company under the Act. Section 2(a)(48) defines a BDC to be any closed-end investment company that operates for the purpose of making investments in securities described in Section 55(a)(1) through 55(a)(3) and makes available significant managerial assistance with respect to the issuers of such securities.

BDC means Business Development Corporation of South Carolina.

Examples of BDC in a sentence

• All capitalized terms used herein but not defined herein shall have the respective meanings specified in, or incorporated by reference into, the Indenture, dated as of March 20, 2025 (as amended, supplemented or otherwise modified and in effect from time to time, the "Indenture"), by and among the Purchaser, as Issuer, Xxxxxxxxx Credit Partners BDC CLO I LLC, as the co-issuer and U.S. Bank Trust Company, National Association, as Trustee (in such capacity, the "Trustee").

• Notwithstanding the effectiveness of this Third Amendment and the transactions contemplated hereby, each Xxxxxxxxx Party and Xxxxxxxxx Credit Partners BDC Inc.

• The Trustee shall, prior to the Closing Date, establish a single, segregated non-interest bearing trust account held in the name of “Xxxxxxxxx Credit Partners BDC CLO I Ltd., subject to the lien of U.S. Bank Trust Company, National Association, as Trustee,” which shall be designated as the Ramp-Up Account.

• By: Name: Title: USActive 61446358.4A-1-12 XXXXXXXXX CREDIT PARTNERS BDC CLO I LLC By: Name: Xxxxxx X.

• In accordance with this Indenture and the Account Control Agreement, the Trustee shall, prior to the Closing Date, establish a single, segregated non-interest bearing trust account held in the name of “Xxxxxxxxx Credit Partners BDC CLO I Ltd., subject to the lien of U.S. Bank Trust Company, National Association, as Trustee,” which shall be designated as the Expense Reserve Account.

More Definitions of BDC

BDC means PennantPark Floating Rate Capital Ltd., a Maryland corporation.

BDC means a “Business Development Company” as defined in Section 2(a)(48) of the Investment Company Act.

BDC means a “business development company” under the Investment Company Act.

BDC shall have the meaning as defined in Section 1(a)(2) of this agreement.

BDC has the meaning set forth in Section 2(a)(48) of the Investment Company Act.

BDC. New Mountain Finance Corporation, a Delaware corporation that has elected to be regulated as a business development company under the 1940 Act.

BDC means Bermuda Digital Communications Ltd., a Bermuda entity.