Common use of Term and Effectiveness Clause in Contracts

Term and Effectiveness. This Agreement shall become effective as of the date that the Company meets the minimum offering requirement, as such term is defined in the prospectus contained in the Registration Statement as declared effective by the SEC. This Agreement shall remain in effect for two years from the date the Company meets such minimum offering requirement, and thereafter shall continue automatically for successive one-year periods, provided that such continuance is specifically approved at least annually by (i) the vote of the Board, or by the vote of a majority of the outstanding voting securities of the Company and (ii) the vote of a majority of the Company’s directors who are not parties to this Agreement or “interested persons” (as such term is defined in Section 2(a)(19) of the Investment Company Act) of any such party (“Independent Directors”), in accordance with the requirements of the Investment Company Act.

Term and Effectiveness. This Agreement shall become effective as of the date that the Company meets the minimum offering requirement, as such term is defined in the prospectus contained in the Company’s Registration Statement as declared effective by the SEC. This Once effective, this Agreement shall remain in effect for two years from the date the Company meets such minimum offering requirementyears, and thereafter shall continue automatically for successive one-year periods, provided that such continuance is specifically approved at least annually by by: (i) the vote of the BoardBoard of Directors, or by the vote of a majority of the outstanding voting securities of the Company and (ii) the vote of a majority of the Company’s directors who are not parties to this Agreement or “interested persons” (as such term is defined in Section 2(a)(19) of the Investment Company Act0000 Xxx) of any such party (“Independent Directors”), in accordance with the requirements of the Investment Company 1940 Act.

Term and Effectiveness. This Agreement shall become effective as of the date that the Company meets the minimum offering requirement, as such term is defined in the prospectus contained in the Registration Statement Company’s registration statement on Form N-2 as declared effective by the SEC. This Once effective, this Agreement shall remain in effect for two years from the date the Company meets such minimum offering requirementyears, and thereafter shall continue automatically for successive one-year periods, provided that such continuance is specifically approved at least annually by by: (i) the vote of the Board, or by the vote of a majority of the outstanding voting securities of the Company and (ii) the vote of a majority of the Company’s directors who are not parties to this Agreement or “interested persons” (as such term is defined in Section 2(a)(19) of the Investment Company 1940 Act, or any successor provision thereto) (the “Independent Directors”) of any such party (“Independent Directors”)party, in accordance with the requirements of the Investment Company 1940 Act.

Term and Effectiveness. This Agreement shall become effective as of the date that the Company meets the minimum offering requirement, as such term is defined in the prospectus contained in the Registration Statement Company’s registration statement on Form N-2 as declared effective by the SEC. This Once effective, this Agreement shall remain in effect for two years from the date the Company meets such minimum offering requirementyears, and thereafter shall continue automatically for successive one-year periods, provided that such continuance is specifically approved at least annually by by: (i) the vote of the BoardBoard of Directors, or by the vote of a majority of the outstanding voting securities of the Company and (ii) the vote of a majority of the Company’s directors who are not parties to this Agreement or “interested persons” (as such term is defined in Section 2(a)(19) of the Investment Company 1940 Act, or any successor provision thereto) (the “Independent Directors”) of any such party (“Independent Directors”)party, in accordance with the requirements of the Investment Company 1940 Act.

Term and Effectiveness. This Agreement shall become effective as of the date that the Company meets the minimum offering requirement, as such term is defined in the prospectus contained in the Company’s Registration Statement as declared effective by the SEC. This Once effective, this Agreement shall remain in effect for two years from the date the Company meets such minimum offering requirement(2) years, and thereafter shall continue automatically for successive one-year periods, provided that that, such continuance is specifically approved at least annually by by: (i) the vote of the BoardBoard of Directors, or by the vote of a majority of the outstanding voting securities of the Company Company, and (ii) the vote of a majority of the Company’s directors who are not parties to this Agreement or “interested persons” (as such term is defined in Section 2(a)(19) of the Investment Company Act1000 Xxx) of any such party (“Independent Directors”), in accordance with the requirements of the Investment Company 1940 Act.

Term and Effectiveness. This Agreement shall become effective as of the date that the Company meets the minimum offering requirement, as such term is defined in the prospectus contained in the Company’s Registration Statement as declared effective by the SEC. This Once effective, this Agreement shall remain in effect for two years from the date the Company meets such minimum offering requirement(2) years, and thereafter shall continue automatically for successive one-year periods, provided that that, such continuance is specifically approved at least annually by by: (i) the vote of the BoardBoard of Directors, or by the vote of a majority of the outstanding voting securities of the Company Company, and (ii) the vote of a majority of the Company’s directors who are not parties to this Agreement or “interested persons” (as such term is defined in Section 2(a)(19) of the Investment Company Act0000 Xxx) of any such party (“Independent Directors”), in accordance with the requirements of the Investment Company 1940 Act.

Term and Effectiveness. This Agreement shall become effective as of the date that the Company Corporation meets the minimum offering requirement, as such term is defined in the prospectus contained in the Registration Statement Corporation’s registration statement on Form N-2 as declared effective by the SEC. This Agreement shall remain in effect for two years from the date the Company Corporation meets such minimum offering requirement, and thereafter shall continue automatically for successive one-year annual periods, provided that such continuance is specifically approved at least annually by (i) the vote of the Board, or by the vote of a majority of the outstanding voting securities of the Company Corporation and (ii) the vote of a majority of the CompanyCorporation’s directors who are not parties to this Agreement or “interested persons” (as such term is defined in Section 2(a)(19) of the Investment Company Act) of any such party (“Independent Directors”), in accordance with the requirements of the Investment Company Act.

Term and Effectiveness. This Agreement shall become effective as of the date that the Company meets the minimum offering requirement, as such term is defined in the prospectus contained in the Registration Statement Company’s registration statement on Form N-2 as declared effective by the SEC. This Once effective, this Agreement shall remain in effect for two years from the date the Company meets such minimum offering requirement(2) years, and thereafter shall continue automatically for successive one-year periods, provided that such continuance is specifically approved at least annually by by: (i) the vote of the Board, or by the vote of a majority of the outstanding voting securities of the Company and (ii) the vote of a majority of the Company’s directors who are not parties to this Agreement or “interested persons” (as such term is defined in Section 2(a)(19) of the Investment Company 1940 Act, or any successor provision thereto) (the “Independent Directors”) of any such party (“Independent Directors”)party, in accordance with the requirements of the Investment Company 1940 Act.

Term and Effectiveness. This Agreement shall become effective as of the date that the Company meets the minimum offering requirement, as such term is defined in the prospectus contained in the Registration Statement as declared effective by the SEC. This Once effective, this Agreement shall remain in effect for two years from the date the Company meets such minimum offering requirementyears, and thereafter shall continue automatically for successive one-year periods, provided that such continuance is specifically approved at least annually by by: (i) the vote of the BoardBoard of Directors, or by the vote of a majority of the outstanding voting securities of the Company Company, and (ii) the vote of a majority of the Company’s directors who are not parties to this Agreement or “interested persons” (as such term is defined in Section 2(a)(19) of the Investment Company Act0000 Xxx) of any such party (“Independent Directors”), in accordance with the requirements of the Investment Company 1940 Act.

Term and Effectiveness. This Agreement shall become effective as of the date that the Company meets the minimum offering requirement, as such term is defined in the prospectus contained in the Company’s Registration Statement as declared effective by the SEC. This Once effective, this Agreement shall remain in effect for two years from the date the Company meets such minimum offering requirementyears, and thereafter shall continue automatically for successive one-year periods, provided that such continuance is specifically approved at least annually by by: (i) the vote of the BoardBoard of Directors, or by the vote of a majority of the outstanding voting securities of the Company and (ii) the vote of a majority of the Company’s directors who are not parties to this Agreement or “interested persons” (as such term is defined in Section 2(a)(19) of the Investment Company Act1000 Xxx) of any such party (“Independent Directors”), in accordance with the requirements of the Investment Company 1940 Act.

Term and Effectiveness. This Agreement shall become effective as of the date that the Company meets the minimum offering requirement, as such term is defined in the prospectus contained in the Registration Statement as declared effective by the SEC. This Once effective, this Agreement shall remain in effect for two years from the date the Company meets such minimum offering requirementyears, and thereafter shall continue automatically for successive one-year periods, provided that such continuance is specifically approved at least annually by by: (i) the vote of the BoardBoard of Trustees, or by the vote of a majority of the outstanding voting securities of the Company Company, and (ii) the vote of a majority of the Company’s directors Trustees who are not parties to this Agreement or “interested persons” (as such term is defined in Section 2(a)(19) of the Investment Company Act1940 Xxx) of xf any such party (“Independent DirectorsTrustees”), in accordance with the requirements of the Investment Company 1940 Act.

Term and Effectiveness. This Agreement shall become effective as of the date that the Company meets the minimum offering requirement, ; as such term is defined in the prospectus contained in the Company’s Registration Statement as declared effective by the SEC. This Once effective, this Agreement shall remain in effect for two years from the date the Company meets such minimum offering requirementyears, and thereafter shall continue automatically for successive one-year periods, provided that such continuance is specifically approved at least annually by by: (i) the vote of the BoardBoard of Directors, or by the vote of a majority of the outstanding voting securities of the Company and (ii) the vote of a majority of the Company’s directors who are not parties to this Agreement or “interested persons” (as such term is defined in Section 2(a)(19) of the Investment Company Act0000 Xxx) of any such party (“Independent Directors”), in accordance with the requirements of the Investment Company 1940 Act.

Term and Effectiveness. This Agreement shall become effective as of the date that the Company meets the minimum offering requirement, as such term is defined in the prospectus contained in the Registration Statement as declared effective by the SEC. This Once effective, this Agreement shall remain in effect for two years from the date the Company meets such minimum offering requirementyears, and thereafter shall continue automatically for successive one-year periods, provided that such continuance is specifically approved at least annually by by: (i) the vote of the BoardBoard of Trustees, or by the vote of a majority of the outstanding voting securities of the Company Company, and (ii) the vote of a majority of the Company’s directors Trustees who are not parties to this Agreement or “interested persons” (as such term is defined in Section 2(a)(19) of the Investment Company Act1000 Xxx) of any such party (“Independent DirectorsTrustees”), in accordance with the requirements of the Investment Company 1940 Act.