Example ContractsClausesNot an Investment Company
Not an Investment Company
Not an Investment Company contract clause examples

Not an Investment Company. No Credit Party is aninvestment company” or a company “controlled” by aninvestment company” within the meaning of the United States Investment Company Act of 1940.

Not an Investment Company. Precision is not, and solely after receipt of the Purchase Price, will not be, required to register as aninvestment company” as defined in the Investment Company Act of 1940, as amended.

Company Not an Investment Company”. The Company has been advised of the rules and requirements under the Investment Company Act of 1940, as amended, and the rules and regulations of the Commission thereunder (the “Investment Company Act”). The Company is not and, after giving effect to the offering and sale of the Placement Shares and the application of the proceeds thereof as described in the Registration Statement and the Prospectus, will not be required to register as aninvestment company” or an entity “controlled” by aninvestment company” within the meaning of the Investment Company Act.

Not an Investment Company. Such Transferor is not aninvestment company” within the meaning of the Investment Company Act of 1940, as amended, or any successor statute.

Company Not an Investment Company”. Neither the Company nor any of its Subsidiaries is or, after giving effect to the offering of the Class A Common Stock and the application of the proceeds thereof as described in the Prospectus, will be required to register as aninvestment company” or an entity “controlled” by aninvestment company” within the meaning of the Investment Company Act of 1940, as amended (the “Investment Company Act”), and the rules and regulations of the Commission thereunder.

Company Not an Investment Company”. The Company has been advised of the rules and requirements under the Investment Company Act of 1940, as amended (the “Investment Company Act”). The Company is not, and after receipt of payment for the Placement Shares will not be, aninvestment company” within the meaning of Investment Company Act.

Not an Investment Company. No Collateral Party is aninvestment company” or a “person directly or indirectly controlled by or acting on behalf of an investment company” within the meaning of the Investment Company Act of 1940.

Company Not an Investment Company”. The Company has been advised of the rules and requirements under the Investment Company Act of 1940, as amended (the “Investment Company Act”). The Company is not, and after receipt of payment for the Placement Shares will not be, aninvestment company” within the meaning of the Investment Company Act and will conduct its business in a manner so that it will not become subject to the Investment Company Act.

Not an Investment Company. The Seller is not aninvestment company” or an “affiliated person” of, or “promoter” or “principal underwriter” for, aninvestment company,” as such terms are defined in the Investment Company Act. The purchase of Related Receivables by the Purchaser hereunder, the application of the proceeds hereof and the consummation of the transactions contemplated by this Agreement will not violate any provision of the Securities Act or the Investment Company Act.

Not Investment Company. The Company is not, and solely after the consummation of the Transactions, will not be, aninvestment company” as defined in the Investment Company Act of 1940, as amended.

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