BDC Facts & Stats | 24 
Managerial 
Services 
Compensation/Allocation of Costs and  
Expenses 
Indemnification 
Delegation 
Allowed 
o, 
f, 
r 
y, 
s 
d 
Yes 
Reimbursement for costs and expenses 
incurred in performing obligations and 
providing personnel and facilities, which 
include, but are not limited to, amounts 
based upon the allocable portion of 
overhead in performing obligations and the 
cost of certain officers and agent’s 
administrative staff and providing 
significant managerial assistance to 
portfolio companies, including for amounts 
owed by BDC to third-party providers of 
goods or services and paid by the 
administrative agent. 
Yes (except for 
willful 
misfeasance, 
bad faith, gross 
negligence, or 
reckless 
disregard of 
duties or 
obligations). 
No 

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