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.
Appears in 5 contracts
Samples: Assignment and Assumption (Goldman Sachs BDC, Inc.), Secured Revolving Credit Agreement (Goldman Sachs BDC, Inc.), Secured Revolving Credit Agreement (Goldman Sachs BDC, Inc.)
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 will elect 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.
Appears in 4 contracts
Samples: Secured Revolving Credit Agreement (Goldman Sachs BDC, Inc.), Secured Revolving Credit Agreement (Goldman Sachs BDC, Inc.), Senior Secured Revolving Credit Agreement and Guarantee and Security Agreement (Goldman Sachs BDC, Inc.)
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, 20132017, and will at all times beginning in that taxable year and thereafter continue to be treated as a RIC.
Appears in 1 contract
Samples: Secured Revolving Credit Agreement (Goldman Sachs Middle Market Lending Corp.)
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 will elect to be treated as a RIC commencing with its taxable year ending December 31, 20132017, and will at all times beginning in that taxable year and thereafter continue to be treated as a RIC.
Appears in 1 contract
Samples: Assignment and Assumption (Goldman Sachs Middle Market Lending Corp.)
Status of RIC and BDC. The Borrower shall at all times maintain its status as a “business development company” under the Investment Company 1940 Act. The Borrower has elected to be treated as a RIC commencing with its taxable year ending December 31, 20132015, and will at all times beginning in that taxable year and thereafter continue to be treated as a RIC. The Borrower will at all times to, subject to Section 851(d) of the Code and applicable grace periods, set forth in the Code, comply with the portfolio diversification requirements set forth in the Code applicable to RICs, to the extent applicable.
Appears in 1 contract
Samples: Loan and Security Agreement (Crescent Capital BDC, Inc.)
