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.
Appears in 36 contracts
Samples: Secured Revolving Credit Agreement (New Mountain Finance Corp), Senior Secured Revolving Credit Agreement (Owl Rock Capital Corp), Secured Revolving Credit Agreement (Crescent Capital BDC, Inc.)
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 RICAct.
Appears in 11 contracts
Samples: Assignment and Assumption (Goldman Sachs BDC, Inc.), Assignment and Assumption (Goldman Sachs Middle Market Lending Corp.), Secured Revolving Credit Agreement (Goldman Sachs BDC, Inc.)
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 has taken, and will continue to take, all actions necessary to elect to be treated as a RICRIC beginning with its taxable year ended December 31, 2012.
Appears in 3 contracts
Samples: Senior Secured Revolving Credit Agreement (Stellus Capital Investment Corp), Secured Revolving Credit Agreement (Stellus Capital Investment Corp), Assignment and Assumption (Stellus Capital Investment Corp)
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 intends to elect to be treated as a RICRIC commencing with the Borrower’s taxable year ended December 31, 2023.
Appears in 2 contracts
Samples: Secured Revolving Credit Agreement (Bain Capital Private Credit), Revolving Credit Agreement (Bain Capital Private Credit)
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 has elected to be treated, and has qualified, as a RIC.
Appears in 2 contracts
Samples: Credit Agreement (Prospect Floating Rate & Alternative Income Fund, Inc.), Assignment and Assumption (Barings Private Credit Corp)
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 has elected to be treated, and has qualified, as a RIC.. (b)
Appears in 2 contracts
Samples: Secured Revolving Credit Agreement (Nuveen Churchill Direct Lending Corp.), Secured Revolving Credit Agreement (Nuveen Churchill Direct Lending Corp.)
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 will take all actions necessary to elect to be treated as a RICRIC beginning with its taxable year ended December 31, 2012.
Appears in 2 contracts
Samples: Revolving Credit Agreement (Stellus Capital Investment Corp), Revolving Credit Agreement (Stellus Capital Investment Corp)
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 has elected to be treated, and has qualified as a RIC.
Appears in 1 contract
Samples: Secured Revolving Credit Agreement (AG Twin Brook Capital Income Fund)
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 has elected to be treated, and has qualified, as a RIC.. 107 Revolving Credit Agreement
Appears in 1 contract
