EXHIBIT E:
Form of Request for Borrowing
EXHIBIT F:
[Reserved]
EXHIBIT G:
Form of Rollover/Conversion Notice
EXHIBIT H:
Form of Lender Assignment and Assumption
EXHIBIT I:
Form of Qualified Borrower Promissory Note
EXHIBIT J:
Form of Qualified Borrower Guaranty
EXHIBIT K:
[Reserved]
EXHIBIT L:
[Reserved]
EXHIBIT M:
Form of Responsible Officer's Certificate
EXHIBIT N:
Form of Compliance Certificate
EXHIBIT O:
Form of Lender Joinder Agreement
EXHIBIT P:
Form of Facility Extension/Increase Request
EXHIBIT Q:
Form of Capital Return Certification
EXHIBIT R:
[Reserved]
EXHIBIT S:
Form of U.S. Tax Compliance Certificate
EXHIBIT T:
Form of Subscription Agreement
REVOLVING CREDIT AGREEMENT
THIS REVOLVING CREDIT AGREEMENT, is dated as of June 29, 2015, by and among
CRESCENT CAPITAL BDC, INC., a Delaware corporation (the "Initial Borrower", and
collectively with any Qualified Borrowers, the "Borrowers")), the banks and
other financial institutions from time to time party hereto as Managing Agents,
Conduit Lenders and Committed Lenders (each capitalized term not defined is
defined below), and NATIXIS, NEW YORK BRANCH ("Natixis"), as the Administrative
Agent (as hereinafter defined) for the Secured Parties, Lead Arranger, Managing
Agent and Committed Lender.
A.
The Initial Borrower has requested that the Lenders make loans
to provide working capital to the Initial Borrower and to any other Borrower
becoming a party hereto for purposes permitted under the Constituent Documents
(as defined below) of the Credit Parties (as defined below).
B.
The Lenders are willing to make loans upon the terms and
subject to the conditions set forth in this Credit Agreement.
NOW, THEREFORE, in consideration of the mutual promises herein contained and for
other valuable consideration, the receipt and sufficiency of which is hereby
acknowledged, the parties hereto, intending to be legally bound, hereby agree as
follows:
Section 1.
DEFINITIONS
1.1.
Defined Terms.
For the purposes of the Loan Documents, unless
otherwise expressly defined, the following terms shall have the meanings
assigned to them below:
"Account Bank" means State Street Bank and Trust Company, or any successor
thereto, or any replacement Account Bank pursuant to Section 5.2(b).
"Adequately Capitalized" means compliance with the capital standards for bank
holding companies as described in the Bank Holding Company Act of 1956, as
amended, and regulations promulgated thereunder.
"Adjusted LIBOR" means, for any Loan, for any Interest Period therefor, the rate
per annum (rounded upwards, if necessary, to the nearest 1/100 of 1%) determined
by the Administrative Agent to be equal to: (a) the quotient obtained by
dividing: (i) LIBOR for such Loan for such Interest Period; by (ii) one (1)
minus the LIBOR Reserve Requirement for such Loan for such Interest Period; plus
(b) the Applicable Margin. If the calculation of Adjusted LIBOR results in an
Adjusted LIBOR rate of less than zero (0) (without, for the avoidance of doubt,
inclusion of the Applicable Margin), Adjusted LIBOR shall be deemed to be zero
(0) (without, for the avoidance of doubt, inclusion of the Applicable Margin)
for all purposes of the Loan Documents.
"Administrative Agent" means Natixis, until the appointment of a successor