Status as Business Development Company. The Borrower is a company that has elected to be regulated as a “business development company” within the meaning of the Investment Company Act and qualifies as a RIC.
Status as Business Development Company. The Borrower is a company“closed-end fund” that has elected to be regulated as a “business development company” within the meaning of the Investment Company Act and qualifies as a RIC.
Status as Business Development Company. The Borrower is a company that has elected to be regulated as a “business development company” within the meaning of the Investment Company Act and qualifies as a RIC.
Status as Business Development Company.SECTION #Investment Company Act, Etc. The Borrower is qualified as a companyRIC and as an “investment company” that has elected to be regulated as a “business development company” within the meaningas defined in Section 2(a)(48) of the Investment Company Act and qualifiesis subject to regulation as such under the Investment Company Act including [Section 18], as modified by [Section 61], of the Investment Company Act. The business and other activities of the Borrower, including but not limited to, the making of the Advances by the Lenders, the application of the proceeds and repayment thereof by the Borrower and the consummation of the transactions contemplated by the Loan Documents to which the Borrower is a RIC.party do not result in any violations, with respect to the Borrower, of the provisions of the Investment Company Act or any rules, regulations or orders issued by the Securities and Exchange Commission thereunder.
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