Exhibit 10.2



 Exhibit 10.2 
 EXECUTION COPY 
 CREDIT AND WAREHOUSE TERMINATION AGREEMENT 
 CREDIT AND WAREHOUSE TERMINATION AGREEMENT (this “Agreement”), dated as of August 4, 2008, by and between MERRILL LYNCH CAPITAL
CORP. (“Merrill Lynch”), MCG COMMERCIAL LOAN TRUST 2006-2 (the “Issuer”) and MCG CAPITAL CORPORATION (the “Collateral Manager”) (each of Merrill Lynch, the Issuer and the Collateral Manager
hereinafter are referred to as a “Party” and collectively, as the “Parties”). Capitalized terms not otherwise defined herein shall have the respective meanings provided for such terms in the Credit and Warehouse
Agreement referred to below. 
 RECITALS 
 A. Merrill Lynch, the Issuer and the Collateral Manager entered into a Credit and Warehouse Agreement, dated as of May 2, 2006 (as amended, supplemented or modified, the “Credit and Warehouse Agreement”), pursuant to
which, among other things, the Issuer transferred to Merrill Lynch certain Participations. 
 B. As contemplated in the Credit and Warehouse
Agreement, the Parties desire to terminate the Participations and the Credit and Warehouse Agreement. 
 AGREEMENT 
 NOW, THEREFORE, in consideration of the mutual agreements contained herein, the sufficiency of which is hereby acknowledged, the Parties hereby agree as
follows: 
 1. Payoff. 
 (i) Each of the Parties hereby understands and agrees that the Issuer intends to pay all outstanding indebtedness and other obligations owing to Merrill Lynch under the Credit and Warehouse Agreement, the Engagement Letter, the Custody
Agreement and that certain Master Conveyance Agreement dated as of May 2, 2006 among the Collateral Manager, MCG Finance VIII, LLC and the Issuer (collectively, as amended, modified or supplemented from time to time, the “Transaction
Documents”), which payment is scheduled to occur on the date hereof (the “Scheduled Payment Date”). Notwithstanding anything to the contrary therein, (and for the avoidance of doubt, in addition to the retention by Merrill
Lynch of the Deposits (as defined in the Engagement Letter)), the aggregate amount due to Merrill Lynch under the Credit and Warehouse Agreement (including, without limitation, the aggregate unpaid principal, accrued interest and fees and all other
obligations payable thereunder) will be $7,538,237.43 (the “Payoff Amount”). In consideration of the payment in full of the Payoff Amount, Merrill Lynch, upon receipt of such payment, hereby acknowledges and agrees that payment of
the sum of the Payoff Amount along with the retention of the Deposits as described above will constitute payment in full of all of the Issuer’s indebtedness and all other obligations owing to Merrill Lynch under the Transaction Documents.








 (ii) On the Scheduled Payment Date, the Collateral Manager shall (or shall cause the Issuer to) pay to
Merrill Lynch, in immediately available funds, an amount equal to the Payoff Amount described above in accordance with the following payment instructions: 
 Deutsche Bank, NY 
 ABA# 021-001-033 
 A/C: 00884096 
 A/C ML Capital Corp., New York

 Ref: MCG CLO 
 2.
Termination. The Parties hereby agree and confirm that, upon receipt by Merrill Lynch of the Payoff Amount on the Scheduled Payment Date in accordance with Section 1 hereof, (i) the Issuer will have repurchased from Merrill
Lynch all outstanding Participations, (ii) the Participations and all rights, obligations, liabilities, interests and claims relating thereto have been canceled, terminated, released and extinguished (except as otherwise specified in
Section 21 of the Credit and Warehouse Agreement), (iii) Merrill Lynch hereby releases and re-assigns to the Issuer all of its right, title, interest, security, lien, mortgage and pledge granted by the Issuer to Merrill Lynch pursuant to
the Credit and Warehouse Agreement, (iv) the Scheduled Payment Date shall constitute the Termination Date under the Credit and Warehouse Agreement and (v) pursuant to Section 21 of the Credit and Warehouse Agreement, the Parties
hereto shall be released from and shall have no further rights or obligations under the Credit and Warehouse Agreement or the other Transaction Documents, other than any such rights that expressly survive termination thereof. 
 3. Representations and Warranties. Each Party hereby represents, warrants and acknowledges to the other Party as of the date hereof that:
(i) it has full power and authority, and has taken all action necessary to execute and deliver this Agreement and to fulfill its obligations hereunder and to consummate the transactions contemplated hereby, and (ii) this Agreement has been
duly executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, winding-up, fraudulent conveyance, reorganization, moratorium and
similar laws affecting creditors’ rights and remedies generally, and subject to general principles of equity (regardless of whether enforcement is sought in a proceeding at law or in equity). 
 4. Miscellaneous. This Agreement, including without limitation, the representations, warranties, covenants and indemnities contained herein, shall
be binding upon, be enforceable by, and inure to the benefit of the Parties and their respective successors and assigns. This Agreement may be executed in any number of counterparts, each of which, when so executed and delivered, shall be an
original, but all of which together shall constitute one agreement binding on the Parties. Delivery of an executed counterpart by telecopier shall be effective as delivery of a manually executed counterpart of this Agreement. THIS AGREEMENT SHALL BE
CONSTRUED IN ACCORDANCE WITH AND GOVERNED BY THE LAW OF THE STATE OF NEW YORK. 
  

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 5. Integration. This Agreement represents the final written agreement among the Parties with
respect to the matters set forth herein and may not be contradicted by evidence of prior, contemporaneous or subsequent oral agreements among the parties. There are no unwritten oral agreements among the parties with respect to such matters.

  

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 IN WITNESS WHEREOF, the undersigned have executed and delivered this Agreement as of the date first
stated above. 
  

			
	MCG COMMERCIAL LOAN TRUST 2006-2
		
	BY:	 	WILMINGTON TRUST COMPANY, not in its individual capacity but solely as Owner Trustee
		
	By:	 	 /s/ Jeanne M. Oller

	Name:	 	Jeanne M. Oller
	Title:	 	Assistant Vice President
	
	MERRILL LYNCH CAPITAL CORP.
		
	By:	 	 /s/ Bilal Rashid

	Name:	 	Bilal Rashid
	Title:	 	Managing Director
	
	MCG CAPITAL CORPORATION
		
	By:	 	 /s/ Michael R. McDonnell

	Name:	 	Michael R. McDonnell
	Title:	 	Chief Financial Officer