Company: NMFCZ
Filing Date: 2025-04-01
Form Type: 40-APP
Source: 0001104659-25-030582
Chunk: 20

Company: New Mountain Finance Corp
Filing Date: 2025-04-01
Form: 40-APP
Chunk 20
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 amendments to the Application, as they deem necessary
or desirable, with the advice of counsel, to cause the Application to conform to comments received from the Staff of the SEC and otherwise
deemed necessary or advisable, including changes that may be required to comply with the 1940 Act and the rules and regulations
promulgated thereunder, in such form and accompanied by such exhibits and other documents, as the Authorized Officers preparing the same
shall approve, such approval to be conclusively evidenced by the filing of the Application; and

FURTHER RESOLVED, that the Authorized Officers be, and each of them hereby is, authorized, empowered and directed, in the name and
on behalf of the Company, to perform or cause to be performed all of the agreements and obligations of the Company in connection with
the foregoing resolutions and to consummate the transactions contemplated thereby, to take or cause to be taken any and all further actions,
to execute and deliver, or cause to be executed and delivered, all other documents, instruments, agreements, undertakings, and certificates
of any kind and nature whatsoever, to incur and pay or cause to be incurred and paid all fees and expenses and to engage such persons
as the Authorized Officers may determine to be necessary, advisable or appropriate to effectuate or carry out the purposes and intent
of the foregoing resolutions, and the execution by the Authorized Officers of any such documents, instruments, agreements, undertakings
and certificates, the payment of any fees and expenses or the engagement of such persons or the taking by them of any action in connection
with the foregoing matters shall conclusively establish the Authorized Officers’ authority therefore and the authorization, acceptance,
adoption, ratification, approval and confirmation by the Company thereof.

<div align='center'>18</div>

Exhibit B.3

<div align='center'>RESOLUTIONS OF THE BOARD OF DIRECTORS OF

NEW MOUNTAIN GUARDIAN IV BDC, L.L.C.</div>

WHEREAS,
the Board believes it is in the best interests of the Company to file an application with the U.S. Securities and Exchange Commission
(the “SEC”) for an order pursuant to Sections 17(d) and 57(i) of the Investment Company Act of 1940,
as amended (the “1940 Act”), and Rule 17d–1 promulgated thereunder (the “Application”),
to authorize the entering into of certain joint transactions and co-investments by the Company with certain entities which may be