Status of RIC and BDC. The Borrower shall at all times maintain its status as a RIC under the Code, and as a “business development company” under the Investment Company Act.
Status of RIC and BDC. The Borrower shall at all times, subject to applicable grace periods set forth in the Code, maintain its status as a RIC under the Code, and as a “business development company” under the Investment Company Act.
Status of RIC and BDC. The Borrower shall elect RIC treatment in the 2022 taxable year upon filing applicable tax returns in 2023. Upon electing RIC treatment, the Borrower shall at all times, subject to applicable grace periods set forth in the Code, maintain its status as a RIC under the Code, and as a “business development company” under the Investment Company Act.
Status of RIC and BDC. The Borrower shall at all times maintain its status as a “business development company” under the Investment Company Act. The Borrower has elected to be treated as a RIC commencing with its taxable year ending December 31, 2013, and will at all times beginning in that taxable year and thereafter continue to be treated as a RIC.
Status of RIC and BDC. The Company shall at all times, subject to applicable grace periods set forth in the Code, maintain its status as a RIC, and as a “business development company” under the Investment Company Act.
Status of RIC and BDC. The Borrower shall at all times maintain its status as a “business development company” under the Investment Company Act and as a RIC under the Code. The Borrower shall remain an internally managed business development company and shall not submit any vote to its shareholder to approve any advisory agreement or contract.
Status of RIC and BDC. The Borrower shall (a) take all actions necessary to qualify as a RIC and to thereafter maintain its qualification as a RIC, and (b) at all times maintain its status as a “business development company” under the Investment Company Act.
Status of RIC and BDC. At all times maintain its status as a RIC under the Internal Revenue Code and as a "business development company" under the Investment Company Act.
Status of RIC and BDC. The Company shall (i) maintain its status as a RIC under the Code, and (ii) maintain its status as a “business development company” under the Investment Company Act.
Status of RIC and BDC. The Parent shall at all times maintain its status as a “business development company” under the Investment Company Act. The Parent shall at all times maintain its status as a RIC under the Code.
