Regulated Investment Company. The Borrower shall promptly notify the Administrative Agent (who shall provide a copy of such notice to each Lender, Xxxxx'x and S&P) and, so long as the Senior Facility Insurance Policy is in effect, the Insurer when the Borrower elects not to be treated as, or becomes ineligible to be treated as, a regulated investment company for U.S. federal income tax purposes.
Appears in 2 contracts
Samples: Credit Agreement (Special Value Expansion Fund, LLC), Credit Agreement (Special Value Opportunities Fund LLC)
Regulated Investment Company. The Borrower shall promptly notify the Administrative Agent (who shall provide a copy of such notice to each Lender, Xxxxx'x Xxxxx’x and S&P) and, so long as the Senior Facility Insurance Policy is in effect, the Insurer when the Borrower elects not to be treated as, or becomes ineligible to be treated as, a regulated investment company for U.S. federal income tax purposes.
Appears in 1 contract
Samples: Credit Agreement (Special Value Continuation Partners, LP)
Regulated Investment Company. The Borrower shall promptly notify the Administrative Agent (who shall provide a copy of such notice to each Lender, Xxxxx'x Moody's and S&P) and, so long as the Senior Facility Insurance Policy is in effect, the Insurer when the Borrower elects not to be treated as, or becomes ineligible becoxxx xxxligible to be treated as, a regulated investment company for U.S. federal income tax purposes.
Appears in 1 contract
Samples: Credit Agreement (Special Value Continuation Partners, LP)
Regulated Investment Company. The Borrower shall promptly notify the Administrative Agent (who shall provide a copy of such notice to each the Lender, Xxxxx'x and S&P) and, so long as the Senior Facility Insurance Policy is in effect, the Insurer when if the Borrower elects not to be treated as, or becomes ineligible to be treated as, a regulated investment company for U.S. federal income tax purposes.. Section 6.1.22
Appears in 1 contract
Samples: Credit Agreement (Apollo Senior Floating Rate Fund Inc.)