29 unchanged sentences
Interest payments on borrowed funds 5.31 % (5)
−Removed: Income tax expense 0.73 % (6)
+Added: Income tax provision 0.15 % (6)
Acquired fund fees and expenses 1.02 % (7)
8 unchanged sentences
As a result, we do not pay investment advisory fees, but instead we pay the operating costs associated with employing investment management professionals including, without limitation, compensation expenses related to salaries, discretionary bonuses and restricted stock grants.
−Removed: (5) Interest payments on borrowed funds represents our estimated annual interest payments based on actual interest rate terms under our Credit Facility, our anticipated drawdowns from our Credit Facility, the 5.375% Notes due 2024 (the “October 2024 Notes”) and the 4.50% Notes due 2026 (the "January 2026 Notes").
−Removed: As of March 31, 2021, we had $120.0 million outstanding under our Credit Facility, $125.0 million in aggregate principal of our October 2024 Notes outstanding and $140.0 million in aggregate principal of our January 2026 Notes outstanding.
+Added: (5) Interest payments on borrowed funds represents our estimated annual interest payments based on actual interest rate terms under our Credit Facility and our anticipated drawdowns from our Credit Facility, our actual interest rate terms under the SBA Debentures and our anticipated drawdowns of the SBA Debentures, the 4.50% Notes due 2026 (the "January 2026 Notes") and the 3.375% Notes due 2026 (the "October 2026 Notes").
+Added: As of March 31, 2022, we had $205.0 million outstanding under our Credit Facility, $40.0 million outstanding under the SBA Debentures, $140.0 million in aggregate principal of our January 2026 Notes outstanding and $150.0 million in aggregate principal of our October 2026 Notes outstanding.
Any future issuances of debt securities will be made at the discretion of management and our board of directors after evaluating the investment opportunities and economic situation of the Company and the market as a whole.
−Removed: (6) Income tax expense relates to the accrual of (a) deferred and current tax provision (benefit) for U.S.
+Added: (6) Income tax provision relates to the accrual of (a) deferred and current tax provision (benefit) for U.S.
federal income taxes and (b) excise, state and other taxes.
1 unchanged sentence
We are required to include deferred taxes in calculating our annual expenses even though deferred taxes are not currently payable or receivable.
−Removed: Income tax expense represents the estimated annual income tax expense of CSWC and its consolidated subsidiaries based actual income tax expense for the year ended March 31, 2021.
−Removed: Effective December 31, 2020, Capital Southwest Management Corporation, a wholly owned subsidiary of and management company for CSWC ("CSMC"), merged with and into CSWC, with CSWC continuing as the surviving entity of the merger.
−Removed: As a result of the foregoing, the calendar year ended December 31, 2020 is the last year in which CSWC will incur tax expense or benefit relating to CSMC.
−Removed: As such, the deferred tax asset of $1.8 million was written off for the fiscal year ended March 31, 2021 and we recognized a U.S.
−Removed: federal income tax expense relating thereto.
−Removed: (7) Acquired fund fees and expenses represent the estimated indirect expense incurred due to our investment in the I-45 Senior Loan Fund based upon the actual amount incurred for the fiscal year ended March 31, 2021.
+Added: Income tax provision represents the estimated annual income tax expense of CSWC and its consolidated subsidiaries based on actual income tax expense for the year ended March 31, 2022.
+Added: (7) Acquired fund fees and expenses represent the estimated indirect expense incurred due to our investment in I-45 SLF LLC, a joint venture with Main Street Capital Corporation, based upon the actual amount incurred for the fiscal year ended March 31, 2022.
The following example demonstrates the projected dollar amount of total cumulative expenses that would be incurred over various periods with respect to a hypothetical investment in our common stock.
4 unchanged sentences
While the example assumes, as required by the SEC, a 5.0% annual return, our performance will vary and may result in a return greater or less than 5.0%.
−Removed: In addition, while the example assumes reinvestment of all dividends at NAV, participants in our DRIP will receive a number of shares of our common stock, determined by dividing the total dollar amount of the dividend payable to a participant by the average purchase price of all shares of common stock purchased by the administrator of the DRIP in the event that shares are purchased in the open market to satisfy the share requirements of the DRIP, which may be at, above or below NAV.
+Added: In addition, while
+Added: the example assumes reinvestment of all dividends at NAV, participants in our DRIP will receive a number of shares of our common stock, determined by dividing the total dollar amount of the dividend payable to a participant by the average purchase price of all shares of common stock purchased by the administrator of the DRIP in the event that shares are purchased in the open market to satisfy the share requirements of the DRIP, which may be at, above or below NAV.
See "Business - Dividend Reinvestment Plan” included in Item I of Part I of this Annual Report on Form 10-K for additional information regarding our DRIP.
+Added: Disclosure Regarding Foreign Jurisdictions that Prevent Inspections
+Added: Not applicable.
Directors, Executive Officers and Corporate Governance
20 unchanged sentences
Schedule of Investments in and Advances to Affiliates for the Year Ended March 31, 2022
−Removed: Distribution Agreement, dated September 8, 2015, between the Company and CSW Industrials, Inc.
−Removed: (incorporated by reference to Exhibit 2.1 to Form 8-K (File No.
−Removed: 814-00061) filed on September 14, 2015).
−Removed: Articles of Incorporation, dated April 19, 1961, including amendments dated June 30, 1969, July 20, 1987, April 23, 2007 and July 15, 2013 (incorporated by reference to Exhibit (a) to Registration Statement on Form N-2 (Reg.
+Added: Articles of Incorporation, dated April 19, 1961, including amendments dated June 30, 1969, July 20, 1987, April 23, 2007 and July 15, 2013 (incorporated by reference to Exhibit (a) to Registration Statement on Form N-2 (File No.
333-220385) filed on September 8, 2017).
5 unchanged sentences
814-00061) filed April 25, 2019).
−Removed: Specimen of Common Stock certificate (incorporated by reference to Exhibit 4.1 to Form 10-K (File No.
+Added: Specimen of Common Stock certificate (incorporated by reference to Exhibit 4.1 to Annual Report on Form 10-K (File No.
811-01056) filed on June 14, 2002).
Indenture, dated October 23, 2017, between the Company and U.S.
−Removed: Bank National Association, Trustee (incorporated by reference to Exhibit (d)(2) to Registration Statement on Form N-2 (Reg.
+Added: Bank National Association, Trustee (incorporated by reference to Exhibit (d)(2) to Registration Statement on Form N-2 (File No.
333-220385) filed on October 23, 2017).
−Removed: Second Supplemental Indenture, dated as of September 27, 2019, relating to the 5.375% Notes due 2024, by and between the Company and U.S.
−Removed: Bank National Association, as trustee (incorporated by reference to Exhibit 4.2 of Form 8-K (File No.
−Removed: 814-00061) filed on September 27, 2019).
−Removed: Form of 5.375% Notes due 2024 (incorporated by reference to Exhibit 4.3 of Form 8-K (File No.
−Removed: 814-00061) filed on September 27, 2019) .
Third Supplemental Indenture, dated as of December 29, 2020, relating to the 4.50% Notes due 2026, by and between the Company and U.S.
−Removed: Bank National Association, as trustee (incorporated by reference to Exhibit 4.2 to Current Report on Form 8-K filed on December 29, 2020).
−Removed: Form of Global Note with respect to the 4.50% Notes due 2026 (Incorporated by reference to Exhibit 4.2 to Current Report on Form 8-K filed on December 29, 2020).
−Removed: Dividend Reinvestment Plan (incorporated by reference Exhibit (e) to Registration Statement on Form N-2 (Reg.
+Added: Bank National Association, as trustee (incorporated by reference to Exhibit 4.2 to Current Report on Form 8-K (File No.
+Added: 814-00061) filed on December 29, 2020).
+Added: Form of Global Note with respect to the 4.50% Notes due 2026 (incorporated by reference to Exhibit 4.2 to Current Report on Form 8-K (File No.
+Added: 814-00061) filed on December 29, 2020).
+Added: Fourth Supplemental Indenture, dated as of August 27, 2021, relating to the 3.375% Notes due 2026, by and between the Company and U.S.
+Added: Bank National Association, as trustee (incorporated by reference to Exhibit 4.2 to Current Report on Form 8-K (File No.
+Added: 814-00061) filed on August 27, 2021).
+Added: Form of Global Note with respect to the 3.375% Notes due 2026 (incorporated by reference to Exhibit 4.2 to Current Report on Form 8-K (File No.
+Added: 814-00061) filed on August 27, 2021).
+Added: Form of Capital Southwest SBIC I, LP SBIC debentures guaranteed by the Small Business Administration (incorporated by reference to Exhibit (f) to Registration Statement on Form N-2 (File No.
333-259455) filed on September 10, 2021).
+Added: Dividend Reinvestment Plan (incorporated by reference Exhibit (e) to Registration Statement on Form N-2 (File No.
+Added: 333-220385) filed on September 8, 2017).
Description of Capital Southwest Corporation's Securities Registered pursuant to Section 12 of the Securities Exchange Act of 1934 (incorporated by reference to Exhibit 4.8 to Form 10-K (File No.
814-00061) filed on June 2, 2021).
−Removed: Capital Southwest Corporation and Its Affiliates 2009 Restoration of Retirement Income Plan as amended and restated effective January 1, 2008 (incorporated by reference to Exhibit 10.3 to Form 10-K (File No.
−Removed: 814-00061) filed on May 29, 2009).
Form of Director and Officer Indemnification Agreement (incorporated by reference to Exhibit 10.1 to Form 10-Q (File No.
814-00061) filed on November 7, 2017).
−Removed: Severance Pay Agreement with William M.
−Removed: Ashbaugh (incorporated by reference to Exhibit 10.1 to Form 8-K (File No.
−Removed: 811-01056) filed on July 19, 2005).
Retirement Plan for Employees of Capital Southwest Corporation and its Affiliates as amended and restated effective April 1, 2011 (incorporated by reference to Exhibit 10.15 to Form 10-K (File No.
4 unchanged sentences
814-00061) filed on August 6, 2015).
−Removed: Armes Revised Offer Letter (incorporated by reference to Exhibit 99.2 to Form 8-K (File No.
−Removed: 814-00061) filed on May 17, 2013).
−Removed: Capital Southwest Corporation 2010 Restricted Stock Award Plan (incorporated by reference to Exhibit 10.2 to Form 10-Q (File No.
−Removed: 814-00061) filed on August 5, 2011).
−Removed: First Amendment to the Capital Southwest Corporation 2010 Restricted Stock Award Plan (incorporated by reference to Exhibit 10.2 to Form 10-Q (File No.
−Removed: 814-00061) filed on November 7, 2014).
−Removed: Second Amendment to the Capital Southwest Corporation 2010 Restricted Stock Award Plan (incorporated by reference to Exhibit 10.2 to Form 8-K (File No.
−Removed: 814-00061) filed August 12, 2015).
−Removed: Third Amendment to the Capital Southwest Corporation 2010 Restricted Stock Award Plan (incorporated by reference to Exhibit 10.3 to Form 10-Q (File No.
−Removed: 814-00061) filed on November 7, 2017).
Capital Southwest Corporation Amended and Restated 2010 Restricted Stock Award Plan (incorporated by reference to Exhibit 99.1 to Form S-8 (File No.
2 unchanged sentences
814-00061) filed on November 7, 2014).
−Removed: Form of Cash Incentive Award Agreement (incorporated by reference to Exhibit 10.5 to Form 10-Q (File No.
+Added: Capital Southwest Corporation 2021 Employee Restricted Stock Award Plan (incorporated by reference to Exhibit 4.5 to Form S-8 (File No.
+Added: 333-258899) filed on August 28, 2021).
+Added: Form of Restricted Stock Award Agreement under the Capital Southwest Corporation 2021 Employee Restricted Stock Award Plan (incorporated by reference to Exhibit 4.6 to Form S-8 (File No.
+Added: 333-258899) filed on August 28.
+Added: Form of Amended and Restated Cash Incentive Award Agreement (Executive Compensation Plan) (incorporated by reference to Exhibit 10.13 to Form 10-Q (File No.
814-00061) filed on November 9, 2015).
−Removed: Tax Matters Agreement, dated September 8, 2015, between the Company and CSW Industrials, Inc.
−Removed: (incorporated by reference to Exhibit 10.1 to Form 8-K (File No.
−Removed: 814-00061) filed on September 14, 2015).
Amended and Restated Employee Matters Agreement, dated September 4, 2015, between the Company and CSW Industrials, Inc.
3 unchanged sentences
814-00061) filed on November 9, 2015).
−Removed: Form of Amended and Restated Non-Qualified Stock Option Agreement (Executive Compensation Plan – CSWI Employee Form) (incorporated by reference to Exhibit 10.8 to Form 10-Q (File No.
−Removed: 814-00061) filed on November 9, 2015).
Form of Restricted Stock Agreement under the 2010 Restricted Stock Award Plan (CSWC Employee Form) (incorporated by reference to Exhibit 10.9 to Form 10-Q (File No.
814-00061) filed on November 9, 2015).
−Removed: Form of Amended and Restated Restricted Stock Agreement under the 2010 Restricted Stock Award Plan (CSWI Employee Form) (incorporated by reference to Exhibit 10.10 to Form 10-Q (File No.
−Removed: 814-00061) filed on November 9, 2015).
Form of Amended and Restated Restricted Stock Award (Executive Compensation Plan – CSWC Employee Form) (incorporated by reference to Exhibit 10.11 to Form 10-Q (File No.
814-00061) filed on November 9, 2015).
−Removed: Form of Amended and Restated Restricted Stock Award (Executive Compensation Plan – CSWI Employee Form) (incorporated by reference to Exhibit 10.12 to Form 10-Q (File No.
−Removed: 814-00061) filed on November 9, 2015).
−Removed: Form of Amended and Restated Cash Incentive Award Agreement (Executive Compensation Plan) (incorporated by reference to Exhibit 10.13 to Form 10-Q (File No.
−Removed: 814-00061) filed on November 9, 2015).
−Removed: Limited Liability Company Operating Agreement of I-45 SLF LLC, dated September 9, 2015 (incorporated by reference to Exhibit 10.14 to Form 10-Q (File No.
−Removed: 814-00061) filed on November 9, 2015).
Second Amended and Restated Limited Liability Company Operating Agreement of I-45 SLF LLC, dated March 11, 2021 (incorporated by reference to Exhibit 1.1 to Form 8-K (File No.
814-00061) filed March 12, 2021).
−Removed: Guarantee, Pledge and Security Agreement dated August 30, 2016, among the Company, the subsidiary guarantors thereto, ING Capital LLC, and each financing agent and designated indebtedness holder thereto (incorporated by reference to Exhibit 10.2 to Form 8-K (File No.
−Removed: 814-00061) filed on September 2, 2016).
Amended and Restated Guarantee, Pledge and Security Agreement dated as of December 21, 2018 among Capital Southwest Corporation, as Borrower, the Subsidiary Guarantors party hereto, ING Capital LLC, as Revolving Administrative Agent for the Revolving Lenders, each Financing Agent and Designated Indebtedness Holder party hereto and ING Capital, LLC, as Collateral Agent (incorporated by reference to Exhibit 10.2 to Form 8-K (File No.
814-00061) filed on December 21, 2018).
−Removed: Senior Secured Revolving Credit Agreement dated August 30, 2016, among the Company, the lenders party thereto, ING Capital LLC and Texas Capital Bank, N.A.
−Removed: (incorporated by reference to Exhibit 10.1 to Form 8-K (File No.
+Added: Second Amended and Restated Senior Secured Revolving Credit Agreement dated as of August 9, 2021 among Capital Southwest Corporation, as Borrower, the Lenders party hereto, ING Capital LLC, as Administrative Agent, Arranger and Bookrunner and Texas Capital Bank, N.A., as Documentation Agent (incorporated by reference to Exhibit 10.1 to Form 8-K (File No.
+Added: 814-00061) filed on August 9, 2021).
+Added: Limited Consent and Amendment No.
+Added: 1 to Second Amended and Restated Senior Secured Revolving Credit Agreement, dated as of September 10, 2021, by and among Capital Southwest Corporation, as Borrower, Capital Southwest Equity Investments, Inc., as Subsidiary Guarantor, the lenders party thereto, and ING Capital LLC, as Administrative Agent (incorporated by reference to Exhibit 10.1 to Form 8-K (File No.
814-00061) filed on September 10, 2021).
−Removed: Amended and Restated Senior Secured Revolving Credit Agreement dated as of December 21, 2018 among Capital Southwest Corporation, as Borrower, the Lenders party hereto, ING Capital LLC, as Administrative Agent, Arranger and Bookrunner and Texas Capital Bank, N.A., as Documentation Agent (incorporated by reference to Exhibit 10.1 to Form 8-K (File No.
−Removed: 814-00061) filed on December 21, 2018).
Amendment No.
−Removed: 1 to the Amended and Restated Senior Secured Revolving Credit Agreement, dated as of December 10, 2020, by and among Capital Southwest Corporation, as Borrower, the lenders from time to time party thereto and ING Capital LLC, as Administrative Agent, and Texas Capital Bank, N.A., as Documentation Agent (incorporated by reference to Exhibit 10.1 to Form 8-K (File No.
−Removed: 814-00061) filed on December 10, 2020).
−Removed: Incremental Assumption Agreement, dated August 18, 2017, among the Company, ING Capital LLC and LegacyTexas Bank (incorporated by reference to Exhibit 10.2 to Form 10-Q (File No.
−Removed: 814-00061) filed on November 7, 2017).
−Removed: Amendment No.
−Removed: 1 to the Senior Secured Revolving Credit Agreement, dated November 16, 2017, among the Company, the lenders party thereto, ING Capital LLC and the subsidiary guarantors thereto (incorporated by reference to Exhibit 10.1 to Form 8-K (File No.
−Removed: 814-00061) filed on November 17, 2017).
−Removed: Incremental Assumption Agreement, dated April 16, 2018, among the Company, ING Capital LLC and Hitachi Capital America Corp.
−Removed: (incorporated by reference to Exhibit 10.1 to Form 8-K (File No.
−Removed: 814-00061) filed on April 17, 2018).
−Removed: Incremental Assumption Agreement, dated as of May 11, 2018 among Capital Southwest Corporation, as Borrower, and ING Capital LLC, as Administrative Agent and Increasing Lender (incorporated by reference to Exhibit 10.1 to Form 8-K (File No.
−Removed: 814-00061) filed on May 14, 2018).
−Removed: Incremental Assumption Agreement dated as of May 23, 2019 among Capital Southwest Corporation, as Borrower, ING Capital LLC, as Administrative Agent, and Mutual of Omaha Bank, as Assuming Lender (incorporated by reference to Exhibit 10.1 to Form 8-K (File No.
+Added: 2 to the Second Amended and Restated Senior Secured Revolving Credit Agreement, dated as of May 11, 2022, by and among Capital Southwest Corporation, as Borrower, the guarantor party thereto, the lenders from time to time party thereto and ING Capital LLC, as Administrative Agent, and Texas Capital Bank, as Documentation Agent (incorporated by reference to Exhibit 10.1 to Form 8-K (File No.
814-00061) filed on May 12, 2022).
−Removed: Incremental Assumption Agreement dated as of March 19, 2020 among Capital Southwest Corporation, as Borrower, ING Capital LLC, as Administrative Agent, and Hancock Whitney Bank, as Assuming Lender (incorporated by reference to Exhibit 10.1 to Form 8-K (File No.
−Removed: 814-00061) filed on March 19, 2020).
−Removed: Incremental Commitment Agreement, dated as of December 10, 2020, by and among Capital Southwest Corporation, ING Capital LLC, and Texas Capital Bank (incorporated by reference to Exhibit 10.2 to Form 8-K (File No.
−Removed: 814-00061) filed on December 10, 2020).
Master Reimbursement Agreement, dated as of May 9, 2018, by and between Capital Southwest Corporation, as Borrower, and ING Capital LLC, as Issuer (incorporated by reference to Exhibit 10.40 to Form 10-K (File No.
814-00061) filed on June 5, 2018).
−Removed: Amended and Restated Administration Agreement, dated March 9, 2017, between the Company and Capital Southwest Management Corporation (incorporated by reference to Exhibit (k)(3) to Registration Statement on Form N-2 (Reg.
+Added: Amended and Restated Administration Agreement, dated March 9, 2017, between the Company and Capital Southwest Management Corporation (incorporated by reference to Exhibit (k)(3) to Registration Statement on Form N-2 (File No.
333-220385) filed on September 8, 2017).
Custody Agreement, dated August 30, 2016, between the Company and U.S.
−Removed: Bank National Association (incorporated by reference to Exhibit (j)(1) to Registration Statement on Form N-2 (Reg.
+Added: Bank National Association (incorporated by reference to Exhibit (j)(1) to Registration Statement on Form N-2 (File No.
333-220385) filed on September 8, 2017).
Custody Control Agreement, dated August 30, 2016, between the Company, ING Capital LLC and U.S.
−Removed: Bank National Association (incorporated by reference to Exhibit (j)(2) to Registration Statement on Form N-2 (Reg.
+Added: Bank National Association (incorporated by reference to Exhibit (j)(2) to Registration Statement on Form N-2 (File No.
333-220385) filed on September 8, 2017).
Document Custody Agreement, dated August 30, 2016, between the Company, ING Capital LLC and U.S.
−Removed: Bank National Association (incorporated by reference to Exhibit (j)(3) to Registration Statement on Form N-2 (Reg.
+Added: Bank National Association (incorporated by reference to Exhibit (j)(3) to Registration Statement on Form N-2 (File No.
333-220385) filed on September 8, 2017).
−Removed: Form of Second Amended and Restated Equity Distribution Agreement, dated February 4, 2020, between the Company and each of Jefferies LLC and Raymond James & Associates, Inc., respectively (incorporated by reference to Exhibit 10.1 to Form 8-K (File No.
−Removed: 814-00061) filed on February 4, 2020).
−Removed: Form of Equity Distribution Agreement, dated February 4, 2020, between the Company and each of JMP Securities LLC and B.
+Added: Form of Third Amended and Restated Equity Distribution Agreement, dated May 26, 2021, between the Company and each of Jefferies LLC and Raymond James & Associates, Inc., respectively (incorporated by reference to Exhibit 10.1 to Form 8-K (File No.
+Added: 814-00061) filed on May 26, 2021).
+Added: Form of Second Amendment, dated November 2, 2021, to Third Amended and Restated Equity Distribution Agreement between the Company and each of Jefferies LLC and Raymond James & Associates, Inc., respectively (incorporated by reference to Exhibit 10.1 to Form 8-K (File No.
+Added: 814-00061) filed on November 2, 2021).
+Added: Form of Amended and Restated Equity Distribution Agreement, dated May 26, 2021, between the Company and each of JMP Securities LLC and B.
Riley FBR, Inc., respectively (incorporated by reference to Exhibit 10.2 to Form 8-K (File No.
−Removed: 814-00061) filed on February 4, 2020).
−Removed: Code of Ethics (incorporated by reference to Exhibit (r) to Registration Statement on Form N-2 (Reg.
−Removed: No 333-220385) filed on September 8, 2017).
+Added: 814-00061) filed on May 26, 2021).
+Added: Form of Second Amendment, dated November 2, 2021, to Amended and Restated Equity Distribution Agreement between the Company and each of JMP Securities LLC and B.
+Added: Riley Securities, Inc., respectively (incorporated by reference to Exhibit 10.2 to Form 8-K (File No.
+Added: 814-00061) filed on November 2, 2021).
+Added: Code of Ethics.
List of subsidiaries of the Company.
6 unchanged sentences
Audited Consolidated Financial Statements of I-45 SLF LLC as of March 31, 2022 and 2021 and for the years ended March 31, 2022, 2021 and 2020.
−Removed: Report of RSM US LLP on Senior Securities Table for years ended March 31, 2021, 2020, 2019 and 2018.
+Added: Report of RSM US LLP on Senior Securities Table
Report of Grant Thornton on Senior Securities Table for the year ended March 31, 2017 (Incorporated by reference to Exhibit (n)(6) to Registration Statement on Form N-2 (File No.
8 unchanged sentences
President and Chief Executive Officer
−Removed: POWER OF ATTORNEY
−Removed: KNOW ALL MEN BY THESE PRESENTS that each individual whose signature appears below hereby constitutes and appoints Bowen S.
−Removed: Diehl and Michael Sarner, and each or either of them, acting individually, as his true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution, for him and in his name, place and stead, in any and all capacities to sign any and all amendments to this Annual Report, and to file the same, with all exhibits thereto and other documents in connection therewith, with the SEC, granting unto said attorney-in-fact and agent, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done in connection therewith, as fully for all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, or any of them, or their or his substitutes, may lawfully do or cause to be done or by virtue hereof.
−Removed: Pursuant to the requirement of the Securities and Exchange Act of 1934, this report has been signed below by the following persons on behalf of the Registrant and in the capacities and on the dates indicated:
Signature Title Date
13 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.