Business Development Company. The Company shall use its best efforts to maintain its status as a business development company; provided, however, the Company may change the nature of its business so as to cease to be, or withdraw its election as, a business development company, with the approval of the board of directors and a vote of the stockholders as required by Section 58 of the Investment Company Act.
Appears in 2 contracts
Samples: Equity Distribution Agreement (TICC Capital Corp.), Equity Distribution Agreement (TICC Capital Corp.)
Business Development Company. The Company shall use its best efforts to maintain its status as a business development company; provided, however, the Company may change the nature of its business so as to cease to be, or withdraw its election as, a business development company, with the approval of the board Board of directors Directors and a vote of the stockholders as required by Section 58 of the Investment Company Act, or any successor provision.
Appears in 2 contracts
Samples: Equity Distribution Agreement (Golub Capital BDC, Inc.), Equity Distribution Agreement (Golub Capital BDC, Inc.)
Business Development Company. The Company shall use its best efforts to maintain its status as a business development company; provided, however, the Company may change the nature of its business so as to cease to be, or withdraw its election as, a business development company, with the approval of the its board of directors and a vote of the stockholders as required by Section 58 of the Investment Company Act, or any successor provision.
Appears in 2 contracts
Samples: Equity Distribution Agreement (Golub Capital BDC, Inc.), Equity Distribution Agreement (Golub Capital BDC, Inc.)
