Common use of Status of RIC and BDC Clause in Contracts

Status of RIC and BDC. The Company shall at all times maintain its status as a RIC and as a “business development company” under the Investment Company Act.

Appears in 2 contracts

Sources: Note Purchase Agreement (CION Investment Corp), Note Purchase Agreement (CION Investment Corp)

Status of RIC and BDC. The Company shall at all times will maintain its status as a RIC under the Code, and as a “business development company” under the Investment Company Act.

Appears in 2 contracts

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

Status of RIC and BDC. The Company shall at all times (i) maintain its status as a RIC under the Code, and (ii) maintain its status as a “business development company” under the Investment Company Act.

Appears in 2 contracts

Sources: Note Purchase Agreement (Solar Senior Capital Ltd.), Note Purchase Agreement (Solar Capital Ltd.)

Status of RIC and BDC. The Company shall at all times maintain its status as a RIC and as a “business development company” under the Investment Company Act.. CĪON Investment Corporation Note Purchase Agreement

Appears in 1 contract

Sources: Note Purchase Agreement (CION Investment Corp)

Status of RIC and BDC. The Company shall at all times maintain its status as a RIC under the Code, and as a “business development company” under the Investment Company Act.

Appears in 1 contract

Sources: Note Purchase Agreement (BlackRock Kelso Capital CORP)