Common use of Status as Business Development Company Clause in Contracts

Status as Business Development Company. The Company has elected to be regulated as a “business development company” within the meaning of the Investment Company Act and has elected to be treated, and qualifies as, a RIC under Subchapter M of the Code.

Appears in 2 contracts

Samples: Master Note Purchase Agreement (Crescent Capital BDC, Inc.), Master Note Purchase Agreement (Crescent Capital BDC, Inc.)

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Status as Business Development Company. The Company has elected to be regulated as a “business development company” within the meaning of the Investment Company Act and has elected to be treated, and qualifies as, as a RIC under Subchapter M of the CodeRIC.

Appears in 2 contracts

Samples: Note Purchase Agreement (CION Investment Corp), Purchase Agreement (CION Investment Corp)

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