Common use of Status of RIC and BDC Clause in Contracts

Status of RIC and BDC. At all times maintain, and cause SBLC and SBIC to maintain, its status as a RIC under the Internal Revenue Code, and as a "business development company" under the Investment Company Act.

Appears in 2 contracts

Sources: Credit Agreement (Allied Capital Corp), Credit Agreement (Allied Capital Corp)

Status of RIC and BDC. At all times maintain, and cause SBLC and SBIC to maintain, its status as a RIC under the Internal Revenue Code, and as a "β€œbusiness development company" ” under the Investment Company Act.

Appears in 1 contract

Sources: Credit Agreement (Allied Capital Corp)

Status of RIC and BDC. At all times maintain, and cause SBLC and SBIC to maintain, its status as a RIC under the Internal Revenue Code, and as a "business development company" under the Investment Company Act.

Appears in 1 contract

Sources: Credit Agreement (Allied Capital Corp)

Status of RIC and BDC. At all times maintain, and cause SBLC and SBIC to maintain, its status as a RIC under the Internal Revenue Code, and as a "business development company" under the Investment Company Act."

Appears in 1 contract

Sources: Amendment and Consent Agreement (Allied Capital Corp)