Common use of Existence and Status Clause in Contracts

Existence and Status. The Borrower shall maintain its existence as a business trust in good standing under the laws of Delaware, shall continue to be registered as an investment company under the Act and shall continue to maintain the Fund as a separate Series of the Borrower.

Appears in 1 contract

Sources: Loan Agreement (Community Reinvestment Act Qualified Investment Fund)

Existence and Status. The Borrower shall maintain its existence as a business statutory trust in good standing under the laws of Delaware, shall continue to be registered as an investment company under the Act Act, and shall continue to maintain the Fund as a separate Series of the Borrower.

Appears in 1 contract

Sources: Loan Agreement (City National Rochdale Strategic Credit Fund)

Existence and Status. The Borrower shall maintain its existence as a business statutory trust in good standing under the laws of the State of Delaware, shall continue to be registered as an investment company under the Act Act, and shall continue not create or permit to maintain the Fund as a separate exist any subsidiaries or Series of the Borrower.

Appears in 1 contract

Sources: Loan Agreement (Flat Rock Enhanced Income Fund)