BDC Facts & Stats | 32 
Managerial 
Services 
Compensation/Allocation of Costs and  
Expenses 
Indemnification 
Delegation 
Allowed 
No 
Reimbursement for costs and expenses 
incurred in performing obligations and 
providing personnel and facilities. 
Yes (except for 
willful 
misfeasance, 
bad faith, gross 
negligence, or 
reckless 
disregard of 
duties or 
obligations). 
No 
 
n 
Yes 
Reimbursement for costs and expenses 
incurred in performing obligations and 
providing personnel and facilities, including 
the Corporation's allocable portion of the 
Administrator's overhead, including rent, 
and the allocable portion of the salaries and 
benefits expenses of the Corporation's chief 
compliance officer, chief financial officer 
and controller and their respective staffs. 
Yes (except for 
willful 
misfeasance, 
bad faith or 
negligence in 
the 
performance of 
the 
Administrator's 
duties or by 
reason of the 
reckless 
disregard of the 
Administrator's 
duties and 
obligations). 
Yes 

View this content as a flipbook by clicking here.