Status as Business Development Company Sample Clauses

Status as Business Development Company. The Borrower is an “investment company” that has elected to be regulated as a “business development company” within the meaning of the Investment Company Act and qualifies as a RIC.
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Status as Business Development Company. The Borrower has elected to be regulated as a “business development company” within the meaning of the Investment Company Act and qualifies as a RIC.
Status as Business Development Company. The Borrower is a “closed end fund” that has elected to be regulated as a “business development company” within the meaning of the Investment Company Act and qualifies as a RIC (and has qualified as a RIC for all taxable years ending on or after December 31, 2012).
Status as Business Development Company. The Parent has elected to be regulated as a “business development company” within the meaning of the Investment Company Act. The Parent qualifies as a RIC and has qualified as a RIC at all times since its taxable year ended December 31, 2012.
Status as Business Development Company. The Company has elected to be regulated as a “business development company” within the meaning of the Investment Company Act and qualifies as a RIC.
Status as Business Development Company. On the Initial Funding Date and at all times thereafter, the Borrower is an “investment company” that has elected to be regulated as a “business development company” within the meaning of the Investment Company Act and qualifies, qualified as a RIC for its first taxable year that includes the Initial Funding Date and will so qualify for all taxable years thereafter.
Status as Business Development Company. From and after the Effective Date, the Borrower represents and warrants that it is a company that has elected to be regulated as a “business development company” within the meaning of the Investment Company Act and qualifies as a RIC.
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Status as Business Development Company. From and after the date that the Borrower becomes a “business development company” under the Investment Company Act, the Borrower represents and warrants that it is an “investment company” that has elected to be regulated as a “business development company” within the meaning of the Investment Company Act. From and after a Qualified IPO, the Borrower represents and warrants that for the Borrower’s first taxable year ending after such Qualified IPO and for succeeding tax years, it qualifies as a RIC.
Status as Business Development Company. To use its best efforts to maintain its status as a business development company under the Investment Company Act, except unless authorized by the vote of a majority of the outstanding voting securities of the Company as defined by the Investment Company Act.
Status as Business Development Company. The Initial Borrower is an “investment company” that has elected to be regulated as a “business development company” within the meaning of the Investment Company Act, and intends to elect to be treated as a RIC commencing with the Initial Borrower’s taxable year ending December 31, 2023.
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