Exhibit 10.10

THIRD AMENDMENT TO LOAN AND SERVICING AGREEMENT

THIRD AMENDMENT TO THE LOAN AND SERVICING AGREEMENT, dated as of June 30, 2014
(“Third Amendment”) is entered into among SUNS SPV LLC, a Delaware limited
liability company (the “Borrower”), Solar Senior Capital Ltd., a Maryland
corporation (“Solar Senior Capital”), as the transferor and the servicer,
Citibank, N.A., as the administrative agent and collateral agent, each of the
Conduit Lenders, Lender Agents, Liquidity Banks and Institutional Lenders listed
on the signature pages hereto, and Wells Fargo Bank, N.A., as the account bank,
the collateral custodian and the backup servicer. Capitalized terms used herein
and not otherwise defined herein shall have the meanings ascribed thereto in the
Agreement (as defined below) as amended hereby.

RECITALS

A. The Borrower, Solar Senior Capital, the Conduit Banks, the Liquidity Banks,
the Lender Agents, the Institutional Lenders, the Collateral Agent, the
Administrative Agent and the Account Bank, the Collateral Custodian and the
Backup Servicer have entered into that certain Loan and Servicing Agreement,
dated as of August 26, 2011 (as amended by the First Amendment, dated as of
November 7, 2012 and the Second Amendment dated as of September 3, 2013 and as
it may be further amended and as otherwise modified from time to time, the
“Agreement”).

B. The parties to the Agreement desire to amend the Agreement in the manner set
forth herein.

AGREEMENT

NOW, THEREFORE, in consideration of the agreements hereinafter set forth, and
for other good and valuable consideration, the receipt and adequacy of which are
hereby acknowledged, the parties hereto agree as follows:

1. Amendments to the Agreement. The Agreement (including the Exhibits and
Annexes thereto) is amended in its entirety to read in the form of the Loan and
Servicing Agreement attached hereto as Annex I.

2. Effective Date. This Third Amendment shall become effective (the “Effective
Date”) upon the satisfaction of the following conditions (in form and substance
reasonably acceptable to the Administrative Agent):

 

  (a) The Administrative Agent shall have received a copy of this Third
Amendment duly executed by each of the Borrower, Solar Senior Capital, the
Lender Agents, the Conduit Lenders, the Liquidity Banks, the Institutional
Lenders, the Collateral Agent, the Administrative Agent and the Account Bank,
Backup Servicer and Collateral Custodian.

 

  (b) The Administrative Agent shall have received a copy of the Fee Letter and
Agent Fee Letter, duly executed by each of the Borrower, Solar Senior Capital
and the Administrative Agent, and shall have received in immediately available
funds the fees due and payable on the Effective Date thereunder.

 

  (c) The Administrative Agent shall have received a copy of an Assignment and
Joinder Supplement among Citibank, N.A., CRC Funding, LLC, the Borrower and the
Administrative Agent.

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3. Miscellaneous.

(a) Amended Terms. On and after the date hereof, all references to the Agreement
in each of the Transaction Documents shall hereafter mean the Agreement as
amended by this Third Amendment. Except as specifically amended hereby or
otherwise agreed, the Agreement is hereby ratified and confirmed and shall
remain in full force and effect according to its terms.

(b) Representations and Warranties of the Borrower and Servicer. Each of the
Borrower and the Servicer, severally, for itself only, represents and warrants
as of the date of this Third Amendment as follows:

(i) It has taken all necessary action to authorize the execution, delivery and
performance of this Third Amendment.

(ii) This Third Amendment has been duly executed and delivered by such Person
and each of this Third Amendment and the Agreement, as amended by this Third
Amendment constitutes such Person’s legal, valid and binding obligation,
enforceable in accordance with its terms, except as such enforceability may be
subject to (A) bankruptcy, insolvency, reorganization, fraudulent conveyance or
transfer, moratorium or similar laws affecting creditors’ rights generally and
(B) general principles of equity (regardless of whether such enforceability is
considered in a proceeding at law or in equity).

(iii) No consent, approval, authorization or order of, or filing, registration
or qualification with, any court or governmental authority or third party is
required in connection with the execution, delivery or performance by such
Person of this Third Amendment other than such as has been met or obtained and
are in full force and effect.

(iv) The representations and warranties set forth in Sections 4.01, 4.02 and
4.03 of the Agreement are true and correct in all material respects as of the
date hereof (except for those which expressly relate to an earlier date).

(v) No event has occurred and is continuing which constitutes a Event of Default
or an Unmatured Event of Default.

(c) Transaction Document. This Third Amendment shall constitute a Transaction
Document under the terms of the Agreement.

(d) Counterparts; Electronic Signatures; Severability; Integration. This Third
Amendment may be executed in any number of counterparts and by different parties
hereto in separate counterparts, each of which when so executed shall be deemed
to be an original and all of which when taken together shall constitute one and
the same agreement. Delivery of an executed counterpart of a signature page to
this Third Amendment by e-mail in portable document format (.pdf) or facsimile
shall be effective as delivery of a manually executed counterpart of this Third
Amendment.

(e) GOVERNING LAW. THIS THIRD AMENDMENT SHALL, IN ACCORDANCE WITH SECTION 5-1401
OF THE GENERAL OBLIGATIONS LAW OF THE STATE OF NEW YORK, BE GOVERNED BY THE LAWS
OF THE STATE OF NEW YORK. EACH OF THE PARTIES HERETO WAIVES, TO THE FULLEST
EXTENT PERMITTED BY LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN RESPECT OF
ANY LITIGATION ARISING DIRECTLY OR INDIRECTLY OUT OF, UNDER OR IN CONNECTION
WITH THIS THIRD AMENDMENT OR ANY OF THE TRANSACTIONS CONTEMPLATED HEREUNDER.

 

2

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(f) Successors and Assigns. This Third Amendment shall be binding upon and inure
to the benefit of the Borrower, the Servicer, the Administrative Agent, each
Lender, the Lender Agents, the Collateral Agent, the Account Bank, the
Collateral Custodian and their respective successors and permitted assigns.

[Signature pages to follow.]

 

3

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IN WITNESS WHEREOF, the parties hereto have caused this Third Amendment to be
duly executed as of the date first above written.

 

SUNS SPV LLC, as Borrower   By:  

 

  Name:     Title:   SOLAR SENIOR CAPITAL LTD., as Servicer and Transferor By:  

 

Name:   Title:  

[SIGNATURE PAGES CONTINUE ON FOLLOWING PAGE]

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CITIBANK, N.A., as Administrative Agent and as Collateral Agent By:  

 

Name:   Title:  

[SIGNATURE PAGES CONTINUE ON FOLLOWING PAGE]

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ACCOUNT BANK: WELLS FARGO BANK, N.A. By:  

 

Name:   Title:  

[SIGNATURE PAGES CONTINUE ON FOLLOWING PAGE]

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COLLATERAL CUSTODIAN: WELLS FARGO BANK, N.A. By:  

 

Name:   Title:  

[SIGNATURE PAGES CONTINUE ON FOLLOWING PAGE]

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BACK-UP SERVICER: WELLS FARGO BANK, N.A. By:  

 

Name:   Title:  

[SIGNATURE PAGES CONTINUE ON FOLLOWING PAGE]

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LENDER AGENT: CITIBANK, N.A. By:  

 

Name:   Title:   CONDUIT LENDER: CRC FUNDING, LLC By:   Citibank, N.A., as
Attorney-in-Fact By:  

 

Name:   Title:  

[SIGNATURE PAGES CONTINUE ON FOLLOWING PAGE]

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INSTITUTIONAL LENDER: SUNTRUST BANK By:  

 

Name:   Title:  

[SIGNATURE PAGES CONTINUE ON FOLLOWING PAGE]