Common use of RIC Clause in Contracts

RIC. Written notice upon any written assertion by a Governmental Authority that the Initial Borrower is not or may not qualify as a RIC.

Appears in 10 contracts

Sources: Credit Agreement (Overland Advantage), Revolving Credit Agreement (Overland Advantage), Revolving Credit Agreement (Overland Advantage)

RIC. Written notice upon any written assertion by a Governmental Authority that that, once the Initial Borrower elects to be a RIC, the Initial Borrower is not or may not qualify as a RIC.

Appears in 1 contract

Sources: Revolving Credit Agreement (Carlyle Secured Lending III)