Common use of Regulated Investment Company Clause in Contracts

Regulated Investment Company. The Borrower will maintain its status as a “regulated investment company” under the Internal Revenue Code at all times and will make sufficient distributions to qualify to be taxed as a “regulated investment company” pursuant to subchapter M of the Internal Revenue Code.

Appears in 17 contracts

Samples: Credit Agreement (Columbia Funds Series Trust I), Credit Agreement (Invesco High Income Trust II), Credit Agreement (Columbia Funds Series Trust)

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Regulated Investment Company. The Borrower will use reasonable best efforts to maintain its status as a “regulated investment company” under the Internal Revenue Code at all times and will use reasonable best efforts to make sufficient distributions to qualify to be taxed as a “regulated investment company” pursuant to subchapter M of the Internal Revenue Code.

Appears in 6 contracts

Samples: Credit Agreement (NexPoint Capital, Inc.), Form of Credit Agreement (Western Asset Premier Bond Fund), Credit Agreement (Highland Credit Strategies Fund)

Regulated Investment Company. The Such Borrower will maintain its status as a “regulated investment company” under the Internal Revenue Code at all times and will make sufficient distributions to qualify to be taxed as a “regulated investment company” pursuant to subchapter M of the Internal Revenue Code.

Appears in 5 contracts

Samples: Credit Agreement (Putnam ETF Trust), Credit Agreement (Allianz Funds), Credit Agreement (Putnam New York Tax Exempt Income Fund)

Regulated Investment Company. The Borrower will maintain its status as a "regulated investment company" under the Internal Revenue Code at all times and will make sufficient distributions to qualify to be taxed as a "regulated investment company" pursuant to subchapter M of the Internal Revenue Code.

Appears in 2 contracts

Samples: Credit Agreement (Prospect Street High Income Portfolio Inc), Credit Agreement (Prospect Street High Income Portfolio Inc)

Regulated Investment Company. The Borrower will at all times maintain its status as a "regulated investment company" under the Internal Revenue Code at all times and will make sufficient distributions timely distribute its income (including capital gains) so that it will not be subject to qualify to be taxed as a “regulated investment company” pursuant to subchapter M of tax (including corporate tax) under the Internal Revenue Code.

Appears in 2 contracts

Samples: Credit Agreement (DNP Select Income Fund Inc), Credit Agreement (Kemper High Income Trust)

Regulated Investment Company. The Borrower will maintain its status as a “regulated investment company” under the Internal Revenue Code at all times and will make sufficient distributions to qualify to be taxed as a “regulated investment company” pursuant to subchapter M of the Internal Revenue Code.

Appears in 2 contracts

Samples: Credit Agreement (Invesco Dynamic Credit Opportunities Fund), Credit Agreement (Invesco Senior Income Trust)

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Regulated Investment Company. The Borrower will at all times maintain its status as a “regulated investment company” under the Internal Revenue Code at all times and will make sufficient distributions timely distribute its income (including capital gains) so that it will not be subject to qualify to be taxed as a “regulated investment company” pursuant to subchapter M of tax (including corporate tax) under the Internal Revenue Code.

Appears in 1 contract

Samples: Credit Agreement (Duff & Phelps Utility & Corporate Bond Trust Inc)

Regulated Investment Company. The Borrower will use reasonable best efforts to maintain its status as a “regulated investment company” under the Internal Revenue Code at all times and will use reasonable best efforts to make sufficient distributions to qualify to be taxed as a “regulated investment company’’ pursuant to subchapter M of the Internal Revenue Code.

Appears in 1 contract

Samples: Credit Agreement (NexPoint Credit Strategies Fund)

Regulated Investment Company. The Borrower will maintain its status as a "regulated investment company" under the Internal Revenue Code at all times and will make sufficient distributions to qualify to be taxed as a "regulated investment company" pursuant to subchapter M of the Internal Revenue Code.

Appears in 1 contract

Samples: Credit Agreement (Nicholas Applegate Institutional Funds)

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