BDC Downstream Fund definition
BDC Downstream Fund means, with respect to any Regulated Fund that is a BDC, an entity (i) that the BDC directly or indirectly controls, (ii) that is not controlled by any person other than the BDC (except a person that indirectly controls the entity solely because it controls the BDC), (iii) that would be an investment company but for Section 3(c)(1) or 3(c)(7) of the Act, (iv) whose investment adviser (and sub-adviser(s), if any) are an Adviser, (v) that is not a Wholly-Owned Investment Sub and (vi) that intends to participate in the Co-Investment Program.
BDC Downstream Fund means, with respect to any Regulated Fund that is a BDC, an entity (i) that the BDC directly or indirectly controls,
BDC Downstream Fund means either (a) with respect to MFIC, Merx or (b) with respect to any Regulated Fund that is a BDC, an entity (i) that the BDC directly or indirectly controls, (ii) that is not controlled by any person other than the BDC (except a person that indirectly controls the entity solely because it controls the BDC), (iii) that would be an investment company but for section 3(c)(1) or 3(c)(7) of the Act, (iv) whose investment adviser (and
More Definitions of BDC Downstream Fund
BDC Downstream Fund means with respect to any Regulated Fund that is a BDC, an entity (i) that the BDC directly or indirectly controls, (ii) that is not controlled by any person other than the BDC (except a person that directly or indirectly controls the entity solely because it controls or is controlled by the BDC),
BDC Downstream Fund means with respect to any Regulated Fund that is a BDC, an entity (i) that the BDC directly or indirectly controls, (ii) that is not controlled by any person other than the BDC (except a person that
BDC Downstream Fund means, with respect to any Regulated Fund that is a BDC, an entity
BDC Downstream Fund means, either (a) with respect to BCIC, Gordon Brothers or (b) with respect to any Regulated Fund that is a BDC, an entity
BDC Downstream Fund means with respect to any Regulated Fund that is a BDC, an entity (i) that the BDC directly or indirectly controls, (ii) that is not controlled by any person other than the BDC (except a person that directly or indirectly controls the entity solely because it controls or is controlled by the BDC), (iii) that would be an investment company but for Section 3(c)(1) or 3(c)(7) of the Act, (iv) whose investment adviser is an Adviser, (v) that is not a Wholly-Owned Investment Sub and (vi) that intends to participate in the program of co-investment described in the Application. The Downstream Ivy Hill Funds are BDC Downstream Funds with respect to ARCC because they satisfy all the criteria in that definition.