Business Development Company. The Company, during a period of twelve months from the date of the Prospectus, will use commercially reasonable efforts to maintain its status as a business development company under the Investment Company Act; provided, however, that the Company may change the nature of its business so as to cease to be, or withdraw its election to be treated as, a business development company with the approval of its Board of Directors and a vote of stockholders as required by Section 58 of the Investment Company Act.
Appears in 29 contracts
Samples: Underwriting Agreement (Sixth Street Specialty Lending, Inc.), Administration Agreement (Sixth Street Specialty Lending, Inc.), Underwriting Agreement (Trinity Capital Inc.)
Business Development Company. The Company, during a period of twelve (12) months from the date of the Prospectus, will use commercially reasonable efforts to maintain its status as a business development company under the Investment Company Act; provided, however, that the Company may change the nature of its business so as to cease to be, or withdraw its election to be treated as, a business development company with the approval of its Board of Directors and a vote of stockholders as required by Section 58 of the Investment Company Act.
Appears in 2 contracts
Samples: Owl Rock Capital Corp, Owl Rock Capital Corp
Business Development Company. The Company, during a period of twelve months from the date of the ProspectusOffering Memorandum, will use commercially reasonable efforts to maintain its status as a business development company under the Investment Company Act; provided, however, that the Company may change the nature of its business so as to cease to be, or withdraw its election to be treated as, a business development company with the approval of its Board of Directors and a vote of stockholders as required by Section 58 of the Investment Company Act.
Appears in 2 contracts
Samples: Registration Rights Agreement (Sixth Street Lending Partners), Administration Agreement (Owl Rock Capital Corp II)
Business Development Company. The Company, during a period of twelve months from the date of the ProspectusClosing Date, will use commercially reasonable efforts to maintain its status as a business development company under the Investment Company Act; provided, however, that the Company may change the nature of its business so as to cease to be, or withdraw its election to be treated as, a business development company with the approval of its Board of Directors and a vote of stockholders as required by Section 58 of the Investment Company Act.
Appears in 2 contracts
Samples: TPG Specialty Lending, Inc., TPG Specialty Lending, Inc.
