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.
Appears in 38 contracts
Samples: Secured Revolving Credit Agreement (Sixth Street Specialty Lending, Inc.), Senior Secured Credit Agreement (BlackRock Private Credit Fund), Credit Agreement (Blue Owl Credit Income Corp.)
Status of RIC and BDC. The As of the Effective Date the Borrower is treated as a RIC under the Code, the Borrower shall at all timestimes thereafter, subject to applicable grace periods set forth in the Code, maintain its status as a RIC under the Code, and . The Borrower shall at all times maintain its status as a “business development company” under the Investment Company Act.
Appears in 7 contracts
Samples: Revolving Credit Agreement (Morgan Stanley Direct Lending Fund), Senior Secured Revolving Credit Agreement and Guarantee and Security Agreement (Crescent Capital BDC, Inc.), Secured Revolving Credit Agreement (Morgan Stanley Direct Lending Fund)
Status of RIC and BDC. The Borrower shall shall, at all times, subject to applicable grace periods set forth in the Code, maintain its status as a RIC under the Code, and . The Borrower shall at all times maintain its status as a “business development company” under the Investment Company Act.
Appears in 3 contracts
Samples: Credit Agreement (Prospect Floating Rate & Alternative Income Fund, Inc.), Secured Revolving Credit Agreement (AG Twin Brook Capital Income Fund), Assignment and Assumption (Barings Private Credit Corp)
Status of RIC and BDC. The As of the date the Borrower is treated as a RIC under the Code, the Borrower shall at all timestimes thereafter, subject to applicable grace periods set forth in the Code, maintain its status as a RIC under the Code, and . The Borrower shall at all times maintain its status as a “business development company” under the Investment Company Act.
Appears in 3 contracts
Samples: Secured Revolving Credit Agreement (Owl Rock Core Income Corp.), Secured Revolving Credit Agreement (Owl Rock Core Income Corp.), Senior Secured Revolving Credit Agreement (Owl Rock Core Income Corp.)
Status of RIC and BDC. The Borrower shall shall, at all times, subject to applicable grace periods set forth in the Code, maintain its status as a RIC under the Code, and . The Borrower shall at all times maintain its status as a “business development company” under the Investment Company Act. SECTION 5.11.
Appears in 2 contracts
Samples: Secured Revolving Credit Agreement (Nuveen Churchill Direct Lending Corp.), Secured Revolving Credit Agreement (Nuveen Churchill Direct Lending Corp.)
Status of RIC and BDC. The Borrower shall shall, at all times, subject to applicable grace periods set forth in the Code, maintain its status as a RIC under the Code, and . The Borrower shall at all times maintain its status as a “business development company” under the Investment Company Act.. 119 Revolving Credit Agreement
Appears in 1 contract
Status of RIC and BDC. The As of the Effective Date, the Borrower is treated as a RIC under the Code, the Borrower shall at all timestimes thereafter, subject to applicable grace periods set forth in the Code, maintain its status as a RIC under the Code, and . The Borrower shall at all times maintain its status as a “business development company” under the Investment Company Act.
Appears in 1 contract
Samples: Revolving Credit Agreement (Hercules Capital, Inc.)
Status of RIC and BDC. The Borrower shall at all times, subject to applicable grace or cure 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.
Appears in 1 contract
Samples: Senior Secured Revolving Credit Agreement (PGIM Private Credit Fund)
