Company: ECC-PD
Filing Date: 2025-02-04
Form Type: 40-APP/A
Source: 0001104659-25-008762
Chunk: 6

Company: Eagle Point Credit Co Inc.
Filing Date: 2025-02-04
Form: 40-APP/A
Chunk 6
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(b) (after giving
effect to Rule 57b-1) in respect of any Regulated Fund (treating any registered investment company or series thereof as a BDC for
this purpose) except for limited partners included solely by reason of the reference in Section 57(b) to Section 2(a)(3)(D).

“Co-Investment Program” means the proposed co-investment program that would permit one or more Regulated Funds and/or one or more Affiliated
Funds to participate in the same investment opportunities where such participation would otherwise be prohibited under Section 57(a)(4) and
Rule 17d–1 by (a) co-investing with each other in securities issued by issuers in private placement transactions in which
an Adviser negotiates terms in addition to price;9 and (b) making
Follow-On Investments (as defined below).

“Co-Investment Transaction” means any transaction in which a Regulated Fund (or its Wholly-Owned Investment Sub) participated together
with one or more Affiliated Funds and/or one or more other Regulated Funds in reliance on the Order.

“Disposition”means
the sale, exchange or other disposition of an interest in a security of an issuer.

“Eligible Directors”
means, with respect to a Regulated Fund and a Potential Co-Investment Transaction, the members of the Regulated Fund’s Board eligible
to vote on that Potential Co-Investment Transaction under Section 57(o) of the Act (treating any registered investment company
or series thereof as a BDC for this purpose).

“Follow-On Investment”
means (i) with respect to a Regulated Fund, an additional investment in the same issuer in which the Regulated Fund is currently
invested; or (ii) with respect to an Affiliated Fund, (X) an additional investment in the same issuer in which the Affiliated
Fund and at least one Regulated Fund are currently invested; or (Y) an investment in an issuer in which at least one Regulated Fund
is currently invested but in which the Affiliated Fund does not currently have an investment. An investment in an issuer includes, but
is not limited to, the exercise of warrants, conversion privileges or other rights to purchase securities of the issuer.

| 9 | The term “private placement transactions” means transactions                                                                           
 in which the offer and sale of securities by the issuer are exempt from registration under the Securities Act of 1933 (the “Securities 
 Act”).                                                                                                                                 |