Document:

EX-10.6

 Exhibit 10.6 

FORWARD PURCHASE AGREEMENT 

This Forward Purchase Agreement (this “Agreement”) is made and entered into as of this 10th day of September, 2018 by and between Warehousing Investment Limited, a UK Limited Company (“Seller”) and Blackstone / GSO Secured Lending Fund, a Delaware statutory trust that
intends to elect to be regulated as a business development company (“BGSL”). 
 WHEREAS, Seller and GSO Capital Partners LP
have entered into that certain Agency Agreement dated as of the date hereof (the “Agency Agreement”) whereby Seller will acquire for its own account, from time to time, certain Portfolio Investments (as defined therein) that are
Qualifying Assets (as defined herein); 
 WHEREAS, the Agent (as defined in the Agency Agreement) will, and is duly authorized by Seller in
respect of the same to, represent in conjunction with Seller’s acquisition of said Portfolio Investments that each such Portfolio Investment is a Qualifying Asset; and 

WHEREAS, BGSL desires to purchase, and Seller desires to sell, each of the Qualifying Assets, pursuant to an Assignment and Assumption
Agreement (collectively, the “Assignment and Assumption Agreements”) in the form set forth in the credit agreement for the applicable Qualifying Asset (each, a “Credit Agreement”) (or if no such form is set forth in
the applicable Credit Agreement, the standard Loan Syndication and Trading Association (“LSTA”) form) as of a date no later than the Maturity Date (as defined herein) subject to the conditions and limitations described herein; 

NOW, THEREFORE, in consideration of the covenants and agreements contained herein and other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the parties hereto agree as follows: 
 1. Sale of Portfolio Investments. Seller hereby
agrees to sell, assign and transfer to BGSL, and BGSL hereby agrees to acquire from Seller at the Forward Purchase Price (as defined below) each of the Qualifying Assets, in one or more transactions pursuant to the Assignment and Assumption
Agreements for such Qualifying Assets on or prior to the Maturity Date (each such date of acquisition, an “Acquisition Date”). BGSL shall provide a 4 Business Days’ prior written notice of each purchase hereunder and such
notice shall include a calculation of the applicable Forward Purchase Price together with backup calculations therefor. Each such Qualifying Asset shall be sold without recourse and without representation or warranty except as herein provided and
with all rights and obligations related thereto, including all rights and obligations of Seller pursuant to any Credit Agreements. For the avoidance of doubt, prior to an Event of Default hereunder or under the Agency Agreement, Seller may not
dispose of Qualifying Assets during the term of this Agreement except by selling them to BGSL pursuant to this Agreement or to the Blackstone Acquirer (as defined in the Agency Agreement) pursuant to the Agency Agreement. 

 

	 	2.	 Purchase Price for the Qualifying Assets. 

 

	 	2.1	 Forward Purchase Price. The purchase price for each Qualifying Asset shall be equal to the amount paid
or disbursed by the Facility Provider in respect of the Qualifying Asset as of the day of acquisition, net of any fees and other amounts paid to or held for the benefit of Facility Provider (including, for the avoidance of

	 	
doubt any Structuring Fees (as defined in the Agency Agreement) paid to or held for the benefit of the Facility Provider in accordance with the Agency Agreement and original issue discount), as
the lender with respect to such Qualifying Asset, on the day of acquisition (“Initial Funding”). The Initial Funding shall be specified on the listing of Qualifying Assets attached as Exhibit A hereto from time to time, and
shall be adjusted in each case as follows to determine the forward purchase price (the “Forward Purchase Price”): 

(a) In determining the Forward Purchase Price, the Initial Funding with respect to a Qualifying Asset shall be reduced by: 

 

	 	(i)	 The amount of any scheduled or unscheduled payments of principal received by Seller through the Settlement Date
(as defined in the most recently published LSTA Standard Terms and Conditions for Par/Near Par Trade Confirmations (the “LSTA Guidelines”)); and 

  

	 	(ii)	 The amount of any pre-paid coupon, interest payments, commitment fees with respect to undrawn amounts, or other
similar payments (excluding original issue discount and excluding for the avoidance of doubt any prepayment fees, prepayment penalties or similar prepayment costs) generated by the Portfolio Investments that have not yet accrued as of the Settlement
Date. 

 (b) In determining the Forward Purchase Price, the Initial Funding with respect to a Qualifying Asset shall be
increased by: 
  

	 	(i)	 The amount of any Structuring Fees that have been accrued for the benefit of, but not paid to, Seller in
accordance with the Agency Agreement through the Settlement Date; 

  

	 	(ii)	 The amount of the Minimum Payment Adjustment (as defined in the Agency Agreement), if any, through the
Settlement Date; 

  

	 	(iii)	 The amortized amount of any original issue discount amortized through the Settlement Date assuming a straight
line amortization of such original issue discount from the acquisition date through the stated maturity date of such Qualifying Asset; 

  

	 	(iv)	 The amount funded of any lending commitments made by Seller under the corresponding Credit Agreement after the
date of acquisition of such Qualifying Asset; 

  

	 	(v)	 The amount of any transaction costs or expenses paid by the Seller with respect to such Qualifying Asset prior
to the Settlement Date; and 

	 	(vi)	 The amount of any accrued but unpaid coupon, interest payments, commitment fees with respect to undrawn
amounts, or other similar payments (excluding for the avoidance of doubt any prepayment fees, prepayment penalties or similar prepayment costs) generated by the Portfolio Investments through the applicable Settlement Date (but, for the avoidance of
doubt, not any such amounts that have not yet accrued); provided that the amount accrued after the Trade Date (as such term is used in the LSTA Guidelines) are subject to adjustments in accordance with the provisions for “Compensation for
Delayed Settlement” in the LSTA Guidelines. 

 (c) For the avoidance of doubt, the Forward Purchase Price shall not
be adjusted with respect to any increase or decrease in the market value of a Qualifying Asset from its acquisition date by Seller through the Settlement Date. 
  

	 	2.2	 Payment of the Forward Purchase Price. The Forward Purchase Price with respect to a Qualifying Asset
shall be paid by wire transfer on the Settlement Date with respect to such Qualifying Asset (or on the Maturity Date if such Settlement Date has not yet occurred by then) to an account designated by Seller by written notice provided in accordance
with the terms hereof. 

  

	 	3.	 Purchases of Portfolio Investments. 

 

	 	3.1	 Obligation to acquire Qualifying Assets. Subject to the requirements of this Section 3.1 and
Section 3.3. below, BGSL agrees to acquire each of and all of the Portfolio Investments that are Qualifying Assets as of one or more Acquisition Dates on or prior to the Maturity Date. Without limiting the generality of the foregoing and
without limiting the obligations of the Blackstone Acquirer under the Agency Agreement, BGSL shall purchase all of the Portfolio Investments that are Qualifying Assets from Seller on the Maturity Date and on the date of the termination of the Agency
Agreement at their respective Forward Purchase Prices. During the term of this Agreement and the Agency Agreement, BGSL shall use commercially reasonable efforts to maintain a combination of uncalled capital commitments, liquid investments,
available capital and cash that is sufficient in its reasonable good faith determination to fully satisfy its obligations under this Agreement. If at the Maturity Date BGSL lacks sufficient funds to purchase any Qualifying Assets after the
application of such commercially reasonable efforts, any failure by BGSL to purchase Qualifying Assets will result in a termination of the Agency Agreement pursuant to Section 7.3.2 of the Agency Agreement. BGSL will not be required to acquire
any asset that becomes a Non-Qualifying Asset (as defined below) if BGSL would not be permitted to do so under applicable law. 

  

	 	3.2	 Selection of Portfolio Investments. 

(a) In the absence of an Event of Default (as defined herein), and unless otherwise agreed by Seller, BGSL may generally select Qualifying
Assets for acquisition upon any Acquisition Date among those eligible for selection in any fair and reasonable manner. Qualifying Assets become eligible for acquisition by tranche, with the initial tranche beginning on the date of this Agreement and
a new 

	 	
tranche being established as of the beginning of each calendar quarter from and after such date. Subject to Seller’s sole discretion to agree otherwise, no tranche of Qualifying Assets
becomes eligible for acquisition by BGSL until all Qualifying Assets of earlier tranches have been acquired by BGSL. 

 (b)
Upon the occurrence of an Event of Default, unless otherwise agreed, BGSL will acquire each Portfolio Investment in the order in which such Portfolio Investment was acquired by Seller (i.e., following what is colloquially referred to as “first
in, first out” acquisition). 
 (c) Variations from the foregoing selection criteria may be requested to the extent that acquisitions
of Qualifying Assets in compliance with Section 3.2(a) or (b) would cause BGSL to (i) fail to comply with the requirements applicable to a regulated investment company under Subchapter M of the Internal Revenue Code of 1986, as
amended, or (ii) violate any of BGSL’s investment restrictions or any requirement of the Investment Company Act of 1940 (the “1940 Act”). Each such request by BGSL shall set forth the basis for such request and any
relevant background, information or calculations supporting the basis for such request. Seller shall agree to the same when so requested absent reasonable cause to the contrary. 

(d) Notwithstanding the foregoing, if there is a proposed modification of a Qualifying Asset, BGSL will have the option to acquire such
Qualifying Asset prior to its modification (regardless of whether such Qualifying Asset is eligible for selection). 
  

	 	3.3	 Disqualification of Obligation to Acquire; Treatment of Defaulted Assets. 

(a) BGSL may, but shall be under no obligation to, acquire any Portfolio Investment that is not a Qualifying Asset as of the time such
investment would be eligible for selection (a “Non-Qualifying Asset”). 
 (b) Pursuant to the Agency Agreement, the Agent
is required to promptly notify Seller of defaults on Qualifying Assets (a “Defaulted Asset”), which notice shall include the Agent’s proposed plan of action, and unless directed otherwise by Seller, the Agent shall use
commercially reasonable efforts to implement such proposed plan of action, including any mutually agreed upon modifications suggested by Seller. Seller shall not be obligated to act in any way or to direct Agent’s actions in any manner, and no
such failure to act on the part of Seller shall any way act to release BGSL from its obligations hereunder with respect to such Qualifying Asset, or generally. 

(c) Seller may direct, on receipt of any such notice from the Agent of a default or reasonably anticipated default, acceleration of the
Settlement Date with respect to such Defaulted Asset to the soonest practicable date. 

 (d) For the avoidance of any doubt, a Defaulted Asset that was a Qualifying Asset prior to
any default, or reasonably anticipated default, shall not be a Non-Qualifying Asset, and BGSL shall bear all economic risk with respect to such Defaulted Asset. 
  

	 	3.4	 Option to Dispose of Asset. Notwithstanding anything herein to the contrary, (a) BGSL may, at any
time, with respect to any Qualifying Asset (including for the avoidance of doubt, any Defaulted Asset) direct Seller to dispose of such Qualifying Asset as promptly as practicable after the date of such direction upon an agreement by BGSL to pay to
Seller a “broken deal” fee equal in amount to the difference between the Forward Purchase Price and the price Seller obtains in connection with such disposition and (b) the Seller may exercise remedies available to it in accordance
with the “Buy-in/Sell-out” provisions of the LSTA Guidelines. 

  

	 	4.	 Approval of Qualifying Assets. 

 

	 	4.1	 Qualifying Assets. A Portfolio Investment is a “Qualifying Asset” for purposes of this
Agreement if BGSL has agreed to acquire such Portfolio Investment on or prior to the time such Portfolio Investment is acquired by Seller. Notwithstanding the foregoing, a Portfolio Investment shall not be a Qualifying Asset, as of any proposed
Acquisition Date, if BGSL could not acquire such asset without (i) violating the 1940 Act (including the requirements of qualifying as a business development company), (ii) failing to comply the requirements applicable to a regulated
investment company under Subchapter M of the Internal Revenue Code of 1986, as amended, or (iii) violating an investment restriction applicable to BGSL. For the avoidance of doubt, distress, default or impairment of a Portfolio Investment shall
not result in disqualification for purposes of this Agreement. Notwithstanding the foregoing, a Portfolio Investment shall not be a Qualifying Asset unless it is a loan made by Seller, or otherwise by a commercial bank, an investment bank, an
investment fund or other financial institution; provided that any such loan is similar to those typically made to a commercial client or syndicated, sold or participated in by a commercial bank, institutional loan investor or other financial
institution in the ordinary course of business to a U.S. middle market borrower that meets each of the following criteria: (i) such loan is a senior secured loan (i.e., first lien or unitranche loans), (ii) such loan is consistent with the
investment objectives and strategies of BGSL as of the date hereof and (iii) such loan by its terms may be assigned, participated or otherwise transferred to Seller under the Agency Agreement, and further assigned, participated or otherwise
transferred from Seller to BGSL pursuant to this Agreement or the Blackstone Acquirer pursuant to Section 3.3.1 of the Agency Agreement, in each case without further consent by any third party (including, without limitation, the borrower and
any other lender under the underlying loan, but excluding any ordinary course consent or approval required by an agent of an underlying loan). Notwithstanding the foregoing, the following are not Qualifying Assets: (i) equity of any issuer
(other than warrants or other “equity kickers”) and (ii) broadly syndicated loans (other than “anchor” investments in syndicated loans or other large founding stakes). 

	 	4.2	 Approval Procedure. 

(a) On or prior to the time that the Seller commits to acquire a Qualifying Asset, BGSL shall provide a signed and dated BGSL Purchase Annex
with respect to such Qualifying Asset in the form attached hereto as Exhibit B (each, a “BGSL Purchase Annex”). BGSL acknowledges that upon the execution of such BGSL Purchase Annex by Seller that BGSL’s obligation to acquire
such Qualifying Asset under the terms of this Agreement shall become binding and irrevocable, subject to the limitations described herein and that Seller will rely on such BGSL Purchase Annex in determining whether to acquire such Qualifying Asset.

  

	 	5.	 Term and Termination. 

 

	 	5.1	 The term of this Agreement shall extend until (i) the first anniversary of its effective date (the
“First Anniversary”), unless it has been extended in accordance with Section 5.2 or (ii) it has been terminated prematurely in accordance with Section 5.3 (the earlier of clauses (i) and (ii), the
“Maturity Date”). 

  

	 	5.2	 Extension of Term. BGSL may request that Seller agree to extend the term of this Agreement to a date not
more than six calendar months after the First Anniversary, by sending a written request to Seller no later than sixty (60) days prior to the First Anniversary, or such shorter notice period as Seller may agree to accept, requesting that Seller
agree to extend the term of this Agreement, Seller in its sole discretion may accept or reject the offer to extend the term of this Agreement, which acceptance, if any, will be in writing to BGSL within 15 days from such notice from BGSL and shall
be binding on the parties. 

  

	 	5.3	 Early Termination. Notwithstanding anything to the contrary in Section 5.1 or
Section 5.2, this Agreement may terminated at any time, or as of a date certain, by Seller providing written notice to BGSL of the circumstances permitting such early termination as set forth below: 

(a) An event of default has occurred under the Agency Agreement, which has not been cured within any available grace period; or 

(b) An Event of Default has occurred under this Agreement, which has not been cured within any available grace period. 

 

	 	5.4	 Events of Default. An event of default (an “Event of Default”) shall have been deemed
to occur, upon the occurrence of any of the following events: 

 (a) BGSL has failed to raise at least $300 million in
equity (including undrawn capital commitments) on or prior to December 31, 2018 or has failed to raise at least $500 million in equity (including undrawn capital commitments) on or prior to February 28, 2019 (each, a “Fundraising
Milestone”). 
 (b) BGSL has suspended or terminated its fund raising efforts prior to the earlier of the termination of this
Agreement or the acquisition of all Qualifying Assets held pursuant to the Agency Agreement and the termination of the Agency Agreement. 

 (c) BGSL shall have entered into any written agreement or other arrangement (an
“Other Agreement”) for the bulk purchase of or “warehousing” of originated loans (except for this Agreement) or similar investments, provided that BGSL may enter into one or more arrangements for the acquisition of broadly
syndicated loans so long as BGSL’s aggregate commitment to acquire assets under such arrangements does not exceed $300 million (a “Syndicated Loan Facility”). This provision will cease to be an Event of Default after the time
that the Facility Provider has rejected five Suitable Investments (as defined under the Agency Agreement) (provided that each Portfolio Investment that is not a Suitable Investment that the Facility Provider decides to acquire in its sole discretion
pursuant to the Agency Agreement shall reduce the number of such rejections for purposes of this provision) under the Agency Agreement. Further, once BGSL has raised at least $750 million in irrevocable equity, including irrevocable undrawn capital
commitments, BGSL may enter into any Other Agreement for the bulk purchase of or “warehousing” of originated loans, in addition to any Syndicated Loan Facility, without triggering an Event of Default under this Section 5.4(c) so long
as BGSL’s aggregate commitment to acquire assets under all Other Agreements does not exceed $300 million (excluding BGSL’s aggregate commitment to acquire assets under any Syndicated Loan Facility). Notwithstanding anything to the
contrary, it shall be an Event of Default under this Section 5.4(c) if BGSL’s aggregate commitments under all Other Agreements (excluding BGSL’s aggregate commitment to acquire assets under any Syndicated Loan Facility) exceed $300
million. 
 (d) BGSL has materially breached this Agreement; provided that if such breach is capable of cure, as reasonably determined by
Seller, and BGSL has provided a plan of cure that has been fully implemented within 30 days of such breach, such breach shall not be an Event of Default. 

(e) If any representation or warranty made by BGSL in this Agreement, any Assignment and Assumption Agreement or any BGSL Purchase Annex shall
have been untrue at the time such representation or warranty was made in any material respect. 
 (f) BGSL or any of its senior executive
officers involved in the performance of BGSL’s duties hereunder takes any action that constitutes fraud or criminal activity in connection with the performance of BGSL’s obligations under this Agreement or in connection with the general
management of BGSL. 
 (g) BGSL shall have (i) been dissolved or liquidated; (ii) become insolvent or unable to pay its debts as
they become due; (iii) shall have made a general assignment, arrangement or composition with or for the benefit of its creditors; (iv) shall have instituted or have had instituted against it a proceeding seeking a judgment of insolvency or
bankruptcy or any other relief under any bankruptcy or insolvency law or other similar law affecting creditors’ rights, or a petition is presented for its winding-up or liquidation, which in the case of a proceeding instituted against it shall
have remained undismissed and unstayed for thirty (30)

 
days; (v) shall have had a resolution passed for its winding-up, official management or liquidation (other than pursuant to a consolidation, amalgamation or merger); (vi) shall have
sought or become subject to the appointment of an administrator, provisional liquidator, conservator, receiver, trustee, custodian or other similar official for it or for all or substantially all of its property; (vii) shall have had a secured
party take possession of all or substantially all of its property or have a distress, execution, attachment, sequestration or other legal process (which legal process remains undismissed for thirty (30) days) levied, enforced or sued on or
against all or substantially all of its property; (viii) shall have caused or become subject to any event with respect to it which, under the applicable laws of any jurisdiction, has an analogous effect to any of the events specified in clauses
(i) to (viii) (inclusive); or (ix) shall have taken any action in furtherance of, or indicating its consent to, approval of, or acquiescence in, any of the foregoing acts. 

 

	 	5.5	 Remedies. Seller may, at any time following an Event of Default, provide notice to BGSL of its intent to
exercise one or more of the following remedies, with immediate or later effect as provided in a written notice to the Agent: 

(a) Subject to the right of BGSL set forth in clause (d) below, terminate this Agreement as provided in this Section 5.3,
unless BGSL immediately purchases all of the Qualifying Assets from Seller at their Forward Purchase Price. 
 (b) Subject to the right of
BGSL set forth in clause (d) below, suspend or terminate the acquisition of Qualifying Assets under the Agency Agreement. 
 (c)
Subject to the right of BGSL set forth in clause (d) below, in the case of an Event of Default under Section 5.4(a), Seller may on 90 days’ notice accelerate the Maturity Date for any or all Qualifying Assets; provided that if at the
Maturity Date an Event of Default under Section 5.4(a) exists and BGSL lacks sufficient funds to purchase any Qualifying Assets after the application of commercially reasonable efforts to maintain such funds as required by Section 3.1, any
failure by BGSL to purchase Qualifying Assets will result in a termination of the Agency Agreement pursuant to Section 7.3.2 of the Agency Agreement. For the avoidance of doubt, failure to purchase the requested Qualifying Assets at the end of
such 90-day period will not give rise to the remedies available under Section 5.5(f). Further, for the avoidance of doubt, if Seller does not exercise the remedy under this Section 5.5(c), upon any other Event of Default other than an
Event of Default under Section 5.4(a), Seller will be entitled to exercise the remedies in Section 5.5(d) and Section 5.5(f). 

(d) In the case of an Event of Default under Section 5.4 (other than Section 5.4(a)), liquidate, sell or dispose of some or all of
the Portfolio Investments, including for the avoidance of doubt Qualifying Assets, free and clear of any obligations to or rights of BGSL; unless BGSL has provided written notice to Seller of its intent to purchase such Qualifying Asset for the
Forward Purchase Price within 5 Business Days from the date on which BGSL obtained notice or knowledge of such Event of Default, and BGSL or an Affiliate of the Agent has so 

 
purchased such Qualifying Asset, or arranged for another party to so purchase, within 30 Business Days from the date of such notice given to Seller by BGSL. 

(e) Subject to the right of BGSL set forth in clause (d) above, cancel any obligation under this Agreement to transfer any Qualifying
Asset to the BGSL, void or cancel any outstanding Assignment and Assumption Agreement related to a Qualifying Asset for which BGSL has not paid the Forward Purchase Price. 

(f) Claim against BGSL a “broken deal” fee with respect to any Qualifying Asset sold or disposed of by Seller pursuant to
Section 5.5(d) equal in amount to the net difference between the Forward Purchase Price of all Qualifying Assets sold pursuant to such Section and the price Seller obtains in connection with such dispositions; provided that such
dispositions are conducted on reasonable market terms in light of then existing market conditions and pursuant to arms’ length transactions. 

(g) Any other applicable rights under any other document or agreement contemplated herein or in the Agency Agreement. 

6. Parties Intentions. The parties intend that the transfer of the Qualifying Assets sold by Seller to BGSL be an absolute sale and that
the agreement to sell such Qualifying Assets at a future date is not a secured borrowing and that until such sale Seller shall be the outright owner of such Qualifying Assets. In the event that the agreements hereunder to purchase the Qualifying
Assets at a later date are deemed to be loans, BGSL shall be deemed to have pledged to Seller as security for the performance by BGSL of its obligations hereunder, and shall be deemed to have granted to Seller a security interest in, all of the
Qualifying Assets hereunder and all income thereon and other proceeds thereof (prior to the time such assets are sold to BGSL). BGSL authorizes Seller to file any necessary UCC financing statements to ensure that the security interest granted
pursuant to this provision will be a perfected first priority security interest (prior to the time such assets are sold to BGSL). 
 7.
Representations and Warranties of Seller. Seller hereby represents and warrants to BGSL as follows as of the date hereof: 
  

	 	7.1	 Ownership of Portfolio Investments. Seller will represent as of the Acquisition Date with respect to
each Qualifying Asset that Seller has valid title to and ownership over such Qualifying Asset beneficially and of record, free and clear of all liens, charges, pledges, restrictions and encumbrances whatsoever of any kind or nature, except customary
restrictions on transfer under applicable federal and state securities laws and as set forth in the respective agreements and liens released upon the sale hereunder. 

 

	 	7.2	 Authorization; Enforceability. The execution, delivery and performance of this Agreement and Assignment
and Assumption Agreements and the consummation of the transactions contemplated hereby, have been, or will be at the time of execution of such agreements, duly authorized by all necessary action on the part of Seller. This Agreement has been, and
each Assignment and Assumption 

	 	
Agreement will be at the time it is executed, duly executed and delivered by Seller and this Agreement is, and the Assignment and Assumption Agreements will be, the legal, valid and binding
obligations of Seller enforceable against Seller in accordance with its terms, except as such enforceability may be limited by bankruptcy, insolvency, moratorium, fraudulent conveyance and other similar laws affecting creditors’ rights
generally. 

  

	 	7.3	 Noncontravention. The execution, delivery and performance of this Agreement by Seller, and the
consummation by Seller of the transactions contemplated hereby, will not conflict with, or result in the breach of any term of, or constitute a default under, or require the consent of any third party or governmental authority under, or create a
lien, charge or other encumbrance on any of the Qualifying Assets or any note, mortgage, deed of trust or other agreement or instrument to which Seller is a party or by which Seller is bound, or any law or order, rule, regulation, judgment, decree,
writ or injunction of any governmental body having jurisdiction or regulatory authority over Seller or any of its properties, assets or rights. 

  

	 	7.4	 Filings. Except as set forth in writing on or prior to the Acquisition Date, including in a schedule to
an Assignment and Assumption Agreement, no filings or registrations are required in connection with the transfer of the Qualifying Assets hereunder or thereunder. 

8. Representations and Warranties of BGSL. BGSL hereby represents and warrants to Seller as follows as of the date hereof: 

 

	 	8.1	 Authorization; Enforceability. The execution, delivery and performance of this Agreement, the BGSL
Purchase Annexes and Assignment and Assumption Agreements and the consummation of the transactions contemplated hereby and thereby have been, or will be at the time of execution of such agreements, duly authorized by all necessary action on the part
of BGSL, including any necessary determination required by its Board of Directors under the Investment Company Act of 1940, as amended. This Agreement has been, and each of the BGSL Purchase Annexes and Assignment and Assumption Agreements will be,
duly executed and delivered by BGSL and this Agreement is, and the BGSL Purchase Annexes and Assignment and Assumption Agreements will be, the legal, valid and binding obligations of BGSL enforceable against BGSL in accordance with their terms,
except as such enforceability may be limited by bankruptcy, insolvency, moratorium, fraudulent conveyance and other similar laws affecting creditors’ rights generally. 

 

	 	8.2	 Noncontravention. The execution, delivery and performance of this Agreement by BGSL, and the
consummation by BGSL of the transactions contemplated hereby, will not conflict with, or result in the breach of any term of, or constitute a default under, or require the consent of any third party or governmental authority under, or create a lien,
charge or other encumbrance on any of the Qualifying Assets or any note, mortgage, deed of trust or other agreement or instrument to which BGSL is a party or by which BGSL is bound, or any law or order, rule, regulation, judgment, decree, writ or
injunction of any governmental body having jurisdiction or regulatory authority over BGSL or any of its properties, assets or rights. 

	 	8.3	 Investment Intent. BGSL is acquiring the Qualifying Assets for its own account for investment purposes
and not with any view to, or for resale in connection with, any distribution or public offering in violation of the Securities Act of 1933, as amended (the “Act”). 

 

	 	8.4	 Absence of Registration. BGSL understands that the Qualifying Assets have not been registered under the
Act or applicable state securities laws, and that the Qualifying Assets (if securities) are being sold hereunder in reliance on exemption from registration under the Act and applicable state securities laws. 

 

	 	8.5	 Securities Laws Limitations on Resale. BGSL is fully informed and aware of the restrictions upon the
resale of the Qualifying Assets (if securities) under the Act and any applicable state securities laws. BGSL understands that the Qualifying Assets (if securities) may not be resold unless they are registered under the Act and any applicable state
securities laws or unless an exemption from such registration is available, that the availability of an exemption may depend on factors over which BGSL has no control, that unless so registered or exempt from registrations, the Portfolio Investments
may be required to be held of an indefinite period and that the reliance of Seller upon the exemptions from registration referred to in Section 8.3 and this Section 8.5 is predicated in part upon the representations and warranties in this
Section 8. 

 9. Undertaking by Seller. Seller undertakes to deliver the Assignment and Assumption Agreements
to the respective administrative agents on or before the Settlement Date and the receipt of the Forward Purchase Price with respect to each Qualifying Asset for purposes of having the applicable administrative agent take all action required for each
Assignment and Assumption Agreement to become effective for purposes of the respective Credit Agreement as of the Settlement Date with respect to such Qualifying Asset, provided however, the failure of any applicable administrative agent to take
such action shall not diminish, impair or negate the binding effect of this Agreement or any Assignment and Assumption Agreement. 
 10.
Notices. All notices, demands, instructions and other communications required or permitted to be given to or made upon either party hereto shall be in writing and shall be personally delivered or sent by registered, certified or express mail,
postage prepaid, prepaid courier service or electronic mail (if the recipient has provided an email address), and shall be deemed to be given for purposes of this Agreement on the day that such writing is received by the intended recipient thereof
in accordance with this Section 10. Such notice, demands, instructions and other communications shall be effective if delivered to such addresses as each party from time to time shall provide the other for notice purposes hereunder. 

11. Miscellaneous. This Agreement, the BGSL Purchase Annexes and the Assignment and Assumption Agreements contain the complete agreement
among all of the parties hereto and thereto with respect to the purchase and sale of the Qualifying Assets and supersedes all prior agreements and understandings among the parties hereto and thereto with respect to the purchase 

 
and sale of the Qualifying Assets. This Agreement shall be governed by and construed in accordance with the laws of the State of New York. This Agreement and each of the BGSL Purchase Annexes and
the Assignment and Assumption Agreements may be executed in any number of counterparts, and all of such counterparts of each such agreement together shall constitute one document. This Agreement, the BGSL Purchase Annexes and the Assignment and
Assumption Agreements may be amended only by a written instrument signed by all of the parties hereto or thereto, as applicable. 
 12.
Survival. Any and all claims that Seller may have against BGSL hereunder, or in connection with this Agreement, for any failure of BGSL to pay any amount due by it hereunder or any failure by BGSL to purchase any Qualifying Assets hereunder
in accordance with the terms hereof shall survive the termination of this Agreement. 
 13. No Waivers of Rights hereunder. Rights
Cumulative. No failure to exercise or delay in exercising, on the part of Seller, any of its options, powers or rights, or partial or single exercise thereof, shall constitute a waiver thereof. The remedies herein provided are cumulative and are
not exclusive of any other rights or remedy provided by law, in equity, or under any agreement or instrument. 
 [The remainder of
this page intentionally left blank; signature pages follow] 

 IN WITNESS WHEREOF, the parties hereto have duly executed this Forward Purchase Agreement as
of the date and year first above written. 
  

	
	Seller:
	
	Warehousing Investment Limited
	
	By: /s/ Michael
Powell                                        

	Authorized Person
	
	BGSL:
	
	Blackstone / GSO Secured Lending Fund
	
	By: /s/ Marisa J.
Beeney                                        

	Name: Marisa J. Beeney
	Title: Chief Compliance Officer, Chief Legal Officer & Secretary

  

 Exhibit A 

THE PORTFOLIO INVESTMENTS 
  

															
	 Issuer
	  	 Asset
	  	 Strategy
	  	 DL Total
Commitment
	  	 USS Allocation
	  	 Initial Funding
Amount
	  	 Funding Date
	  	 GICs Sector

 Exhibit B 

FORM OF BGSL PURCHASE ANNEX 

[Email] 
 [Date] 

Warehousing Investment Limited 
 [Address] 

Re: Commitment to Acquire Qualifying Asset 
 Dear [Contact
Person], 
 Reference is made to that certain Forward Purchase Agreement, dated as of September [•], 2018 (the “Forward Purchase
Agreement”). Capitalized terms used but not defined herein shall have the meanings set forth in the Forward Purchase Agreement. 
 This Purchase
Annex is delivered pursuant to Section 4.2 of the Forward Purchase Agreement. The undersigned hereby agrees that it shall acquire from you, at the Forward Purchase Price, the Qualifying Assets described on Schedule I hereto on the terms and
subject to the conditions set forth in the Forward Purchase Agreement. The undersigned acknowledges that upon your execution of this Purchase Annex, the undersigned’s obligation to acquire the Qualifying Asset[s] described herein under the
terms of the Forward Purchase Agreement shall become binding and irrevocable, subject to the limitations described in the Forward Purchase Agreement, and that you will rely on this Purchase Annex in determining whether to acquire such Qualifying
Asset[s] from GSO Capital Partners LP pursuant to the Agency Agreement. 
 [The remainder of this page intentionally left blank] 

  
 15 

 
			
	BLACKSTONE / GSO SECURED LENDING FUND
		
	By	 	  

		 	Its                                     
                                   

 Schedule I 

[Schedule I to be substantially in the form of Exhibit A to the Forward Purchase Agreement.]EX-10.7

 Exhibit 10.7 

PURCHASE AND SALE AGREEMENT 

THIS PURCHASE AND SALE AGREEMENT (this “Agreement”), dated as of August 21, 2018, is by and between SENTE MASTER FUND,
L.P., (“Seller”) and BLACKSTONE / GSO SECURED LENDING FUND (“Buyer”). 
 WHEREAS, reference is made to
(a) the Credit Agreement, dated as of the date hereof, by and among BNP Paribas, as a lender and the other lenders from time to time party thereto, (collectively, the “Lenders”), Macomb Park CLO, Ltd. (the
“Issuer”), BNP Paribas, as administrative agent (the “Administrative Agent”), GSO / Blackstone Debt Funds Management LLC (the “Collateral Manager”) and the Seller, as the preferred investor
thereunder (as the same may be amended, modified, supplemented or restated from time to time, the “Credit Agreement”) and (b) the Preference Share Subscription Agreement, dated as of the date hereof, by and between the Issuer
and the Seller (as the same may be amended, modified, supplemented or restated from time to time, the “Preference Share Subscription Agreement”); 

WHEREAS, pursuant to the Preference Share Subscription Agreement, the Seller owns 100% percent of the outstanding Preference Shares of the
Issuer (the “Preference Shares”); and 
 WHEREAS, upon the occurrence of (i) a GSO Takeout Obligation Event (as
defined below), the Seller wishes to sell to Buyer (or its designee), and Buyer wishes to purchase (or arrange the purchase of) from Seller, all of the Seller’s right, title and interest in, to and under the Preference Shares or (ii) the
exercise of the GSO Takeout Right (as defined below), the Buyer (or its designee) shall have the right, but not the obligation, to purchase (or arrange the purchase of) from Seller, all of the Seller’s right, title and interest in, to and under
the Preference Shares, in each case, subject to the terms and conditions set forth herein and in the Credit Agreement. 
 NOW, THEREFORE, in
consideration of the mutual covenants and agreements hereinafter set forth and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, intending to be legally bound, the parties hereto agree as
follows: 
 1. Purchase and Sale. 

(a) GSO Takeout Obligation Event. If the Buyer has raised equity capital cumulatively totaling at least $200,000,000 on or prior to the
date that is six (6) months after the date hereof (a “GSO Takeout Obligation Event”), the Buyer shall be obligated to execute (or arrange the execution of) a GSO Takeout (as defined in the Credit Agreement) within four
(4) months of the occurrence of the GSO Takeout Obligation Event. Subject to the terms of the Credit Agreement, if the Buyer intends to execute the GSO Takeout by purchasing the Preference Shares from the Seller, the Buyer shall notify the
Seller, the Issuer and the Administrative Agent of the occurrence of the GSO Takeout Obligation Event and notify the Seller of the date of its intended purchase of the Preference Shares within five Business Days of the occurrence of the GSO Takeout
Obligation Event. The date of the purchase (the “GSO Obligation Purchase Date”) shall be no earlier than 10 Business Days after the date on which the Buyer notifies Seller of the occurrence of the GSO Takeout Obligation Event and no
later than the date that is four (4) months after the date of the GSO Takeout Obligation Event. 

 (b) GSO Takeout Right. In addition to the obligation to execute a GSO Takeout
following the occurrence of a GSO Takeout Obligation Event, at any time prior to the date that is six (6) months after the date hereof, upon notice to the Seller, the Issuer and the Administrative Agent, the Buyer (or its designee) shall have
the right, but not the obligation to purchase the Preference Shares from the Seller (such right, the “GSO Takeout Right”). The date of the purchase (together with the GSO Obligation Purchase Date, each, a “Purchase
Date”) shall be no earlier than 10 Business Days after the date on which the Buyer notifies Seller of its intention to purchase the Preference Shares and no later than the date that is six (6) months after the date hereof. 

(c) Subject to the terms and conditions set forth herein, on the Purchase Date, Seller hereby agrees to sell, transfer and assign to Buyer (or
its designee), and Buyer (or its designee) hereby agrees to purchase from Seller, all of Seller’s right, title and interest in, to and under all of the Preference Shares. The aggregate consideration for the Preference Shares (the
“Purchase Price”) shall be equal to (x) the dividend set forth in Section 7(d)(iii) of the Preference Share Subscription Agreement and (y) the Liquidation Preference as set forth in Section 7(e) of the Preference
Share Subscription Agreement, in each case, as if the Purchase Date were the Redemption Date under the Preference Share Subscription Agreement. For purposes of calculating the Purchase Price pursuant to this Section 3(c), references to
“Pricing Date” in the Preference Share Subscription Agreement shall mean the Purchase Date as defined herein. Notwithstanding anything to the contrary herein, without the prior written consent of the Preferred Investor, a GSO Takeout shall
not take place by a redemption of Preference Shares if on the related Redemption Date the Issuer does not have sufficient amounts to pay to the Purchase Price as calculated above. 

(d) On the Purchase Date (i) Buyer shall deliver (or arrange the deliver of) to Seller the Purchase Price by wire transfer of immediately
available funds to the account set forth on Schedule I attached hereto and (ii) Buyer (or its designee) and Seller shall deliver to the Issuer, Administrative Agent and Collateral Manager an executed assignment and assumption agreement
substantially in the form attached hereto as Exhibit A, pursuant to which Buyer (or its designee) shall assume Seller’s rights and obligations under each of the Credit Agreement and the Preference Share Subscription Agreement. 

(e) The Seller’s obligation to sell the Preference Shares shall expire (i) if a GSO Takeout Obligation Event has occurred on or prior
to the date that is six (6) months after the date hereof, on the date that is four (4) months after such GSO Takeout Obligation Event, (ii) if a GSO Takeout Obligation Event has not occurred on or prior to the date that is six
(6) months after the date hereof, on the date that is six (6) months after the date hereof. 
 (f) If the Issuer undertakes an
Alternate CLO Takeout (as defined in the Credit Agreement), the Seller agrees that Blackstone / GSO Corporate Funding Designated Activity Company, or any other entity or vehicle managed by GSO / Blackstone Debt Funds Management LLC or an affiliate
(collectively, the “GSO Entities”) shall have the right, but not the obligation, to purchase up to 51% of the subordinated notes or equivalent form of CLO equity issued in connection with such Alternate CLO Takeout, and the Seller
(or its Affiliates) shall have the right (but not the obligation) to acquire any subordinated notes or equivalent form of CLO equity not acquired by the GSO Entities issued in connection with such Alternate CLO Takeout; provided that in
connection with such a purchase of subordinated notes or equivalent form of CLO equity by the Seller (or its Affiliates) as described in this Section 3(f), the terms of the subordinated notes or equivalent form of CLO equity shall be mutually
agreed upon by the Issuer, the Collateral Manager and the Seller. 

  
 -2- 

 2. Representations and Warranties of Seller. 

Seller hereby represents and warrants as follows as of the date hereof and as of the Purchase Date: 

(a) Seller has been duly organized and is validly existing and in good standing under the laws of the jurisdiction of its organization and has
all corporate power and authority to own, lease and operate its properties and assets and to carry on its business as now conducted. 
 (b)
This Agreement has been duly executed and delivered by Seller and (assuming due execution and delivery by the other parties) constitutes Seller’s legal, valid and binding obligation, enforceable against Seller in accordance with its terms. 

(c) The Preference Shares are free and clear of all liens, pledges, security interests, charges, claims, encumbrances, agreements, options,
voting trusts, proxies, adverse claims and other arrangements or restrictions of any kind which in substance secures payment of an obligation (each, an “Encumbrance”). Upon consummation of the transactions contemplated by this
Agreement, Buyer (or its designee) shall own the Preference Shares free and clear of all Encumbrances. 
 (d) The execution, delivery and
performance by Seller of this Agreement do not conflict with, violate or result in the breach of, or create any Encumbrance on the Preference Shares pursuant to, the organizational documents of the Seller or any material agreement, instrument,
order, judgment, decree, law or governmental regulation to which Seller is a party or is subject or by which the Preference Shares are bound. 

(e) No governmental, administrative or other third party consents or approvals are required in connection with the execution and delivery of
this Agreement and the consummation of the transactions contemplated hereby. 
 (f) There are no actions, suits, claims, investigations or
other legal proceedings pending or threatened by Seller that challenge or seek to prevent, enjoin or otherwise delay the transactions contemplated by this Agreement. There are no actions, suits, claims, investigations or other legal proceedings that
have been commenced, or, to the knowledge of Seller, which are pending or threatened, against Seller that challenge or seek to prevent, enjoin or otherwise delay the transactions contemplated by this Agreement. 

(g) Since the date of its formation, Seller has been, and currently is, solvent, able to pay its debts as they become due and has adequate
capital to conduct its business. 
 (h) No resolution to wind up or liquidate Seller has been adopted by Seller. No bankruptcy petition or
similar proceeding has ever been commenced or filed by Seller in any jurisdiction. 

  
 -3- 

 3. Representation and Warranties of Buyer. 

Buyer hereby represents and warrants as follows: 

(a) Buyer has been duly organized and is validly existing and in good standing under the laws of the jurisdiction of its organization and has
all corporate power and authority to own, lease and operate its properties and assets and to carry on its business as now conducted. 
 (b)
This Agreement has been duly executed and delivered by Buyer and (assuming due execution and delivery by the other parties) this Agreement constitutes a legal, valid and binding obligation of Buyer enforceable against Buyer in accordance with its
terms. 
 (c) The execution, delivery and performance by Buyer of this Agreement do not conflict with or violate or result in the breach of
the organizational documents of Buyer or any material agreement, instrument, order, judgment, decree, law or governmental regulation to which Buyer is a party. 

(d) No governmental, administrative or other third party consents or approvals are required by or with respect to Buyer in connection with the
execution and delivery of this Agreement and the consummation of the transactions contemplated hereby. 
 (e) There are no actions, suits,
claims, investigations or other legal proceedings pending or threatened by Buyer that challenge or seek to prevent, enjoin or otherwise delay the transactions contemplated by this Agreement. There are no actions, suits, claims, investigations or
other legal proceedings pending or, to the knowledge of Buyer, threatened against Buyer that challenge or seek to prevent, enjoin or otherwise delay the transactions contemplated by this Agreement. 

(f) Buyer understands that nothing in this agreement or any other materials presented to Buyer in connection with the purchase and sale of the
Preference Shares constitutes legal, tax or investment advice and Buyer has consulted such legal, tax and investment advisors and made its own assessments as it, in its sole discretion, has deemed necessary or appropriate in connection with this
purchase of the Preference Shares. 
 (g) Buyer (i) is a sophisticated entity with such knowledge and experience in financial and
business matters so as to be capable of evaluating the merits and risks of participation in the transactions contemplated herein, (ii) is capable of bearing the economic risks of the transactions contemplated herein, (iii) has, or has
access to, such information as it deems appropriate under the circumstances concerning, among other things, the businesses, financial condition or prospects and litigation issues and outcomes of the Company to make an informed decision regarding the
purchase of the Preference Shares (including the Purchase Price therefor), and (iv) has independently and without reliance on Seller (saving the Seller’s representations in Section 2 above) or any other party, and based on such
information as it deems appropriate, made its own analysis and decision to enter into this Agreement and to consummate the transactions contemplated hereby. 

  
 -4- 

 4. Indemnification. 

Each party (such party, an “Indemnifying Party”) hereto shall indemnify the other party (such party, an “Indemnified
Party”) and hold the Indemnified Party harmless against and in respect of any and all losses, liabilities, damages, obligations, claims, Encumbrances, costs and expenses (including, without limitation, reasonable attorneys’ fees)
incurred by the Indemnified Party directly resulting from any breach of any representation, warranty, covenant or agreement made by the Indemnifying Party herein; provided, however, that nothing in this Agreement shall be construed as rendering the
Indemnifying Party liable to the Indemnified Party or any other party in respect of any indirect, incidental, special, consequential, exemplary or punitive damages or in respect of damages or claims in the nature of lost revenue, lost income, lost
profits or loss of investment opportunities under any theory of law or equity and including where the Indemnifying Party has been advised as to the possibility of the same. 

5. Definitions. Capitalized terms used but not defined herein shall have the respective meanings set forth in the Preference Share
Subscription Agreement, or, if not defined therein, in the Credit Agreement. 
 6. Further Assurances. 

Following the date hereof, each of the parties hereto shall execute and deliver such additional documents, instruments, conveyances and
assurances, and take such further actions as may be reasonably required to carry out the provisions hereof and give effect to the transactions contemplated by this Agreement. 

7. Expenses. 
 All costs and
expenses incurred in connection with this Agreement and the transactions contemplated hereby shall be paid by the Buyer. 
 8. Notices.

 All notices, requests, consents, claims, demands, waivers and other communications hereunder (each, a “Notice”) shall be
in writing and addressed to the parties at the addresses set forth below (or to such other address that may be designated by the receiving party from time to time in accordance with this Section 8). All Notices shall be delivered by personal
delivery, nationally recognized overnight courier (with all fees pre-paid), facsimile or e-mail of a PDF document (with confirmation of transmission) or certified or
registered mail (in each case, return receipt requested, postage prepaid). Except as otherwise provided in this Agreement, a Notice is effective only (a) upon receipt by the receiving party, and (b) if the party giving the Notice has
complied with the requirements of this Section 8. 

  
 -5- 

			
	 If to Seller:
	 	 SENTE Master Fund, L.P.

		 	 c/o DFG Investment Advisers, Inc.
 747 Third
Avenue, 38th Floor

		 	New York, New York 10017
		 	Attention: Moritz Hilf
		 	Telephone No.: 646-747-8478
		 	Facsimile No.: 212-488-1546
		 	E mail: mhilf@dfgia.com
		
	 If to Buyer:
	 	 Blackstone / GSO Secured Lending Fund

		 	345 Park Ave
		 	New York, NY 10154
		 	 Attention: Angelina.Perkovic@gsocap.com,

Hailey.Nicholson@gsocap.com, Cesar.Parra@gsocap.com

 9. Entire Agreement. 

This Agreement constitutes the sole and entire agreement of the parties to this Agreement with respect to the subject matter contained herein,
and supersedes all prior and contemporaneous understandings, agreements, representations and warranties, both written and oral, with respect to such subject matter. 

10. Successor and Assigns. 

This Agreement shall be binding upon and shall inure to the benefit of the parties hereto and their respective successors and permitted
assigns. No party may assign any of its rights or obligations hereunder without the prior written consent of the other parties hereto, which consent shall not be unreasonably withheld, conditioned or delayed. 

11. Headings. 
 The headings
in this Agreement are for reference only and shall not affect the interpretation of this Agreement. 
 12. Amendment and Modification;
Waiver. 
 This Agreement may only be amended, modified or supplemented by an agreement in writing signed by each party
hereto. No waiver by any party of any of the provisions hereof shall be effective unless explicitly set forth in writing and signed by the party so waiving. Except as otherwise set forth in this Agreement, no failure to exercise, or delay in
exercising, any rights, remedy, power or privilege arising from this Agreement shall operate or be construed as a waiver thereof; nor shall any single or partial exercise of any right, remedy, power or privilege hereunder preclude any other or
further exercise thereof or the exercise of any other right, remedy, power or privilege. 

  
 -6- 

 13. Severability. 

If any term or provision of this Agreement is invalid, illegal or unenforceable in any jurisdiction, such invalidity, illegality or
unenforceability shall not affect any other term or provision of this Agreement or invalidate or render unenforceable such term or provision in any other jurisdiction. Upon such determination that any term or other provision is invalid, illegal or
unenforceable, the parties hereto shall negotiate in good faith to modify this Agreement so as to effect the original intent of the parties as closely as possible in a mutually acceptable manner in order that the transactions contemplated hereby be
consummated as originally contemplated to the greatest extent possible. 
 14. Governing Law; Submission to Jurisdiction. 

This Agreement shall be governed by and construed in accordance with the internal laws of the State of New York without giving effect to any
choice or conflict of law provision or rule (whether of the State of New York or any other jurisdiction) that would cause the application of laws of any jurisdiction other than those of the State of New York. Any legal suit, action or proceeding
arising out of or based upon this Agreement or the transactions contemplated hereby may be instituted in the federal courts of the United States in the Southern District of New York or the courts of the State of New York located in the County of New
York in the Borough of Manhattan, and each party irrevocably submits to the exclusive jurisdiction of such courts in any such suit, action or proceeding. Service of process, summons, notice or other document by mail to such party’s address set
forth herein shall be effective service of process for any suit, action or other proceeding brought in any such court. The parties irrevocably and unconditionally waive any objection to the laying of venue of any suit, action or any proceeding in
such courts and irrevocably waive and agree not to plead or claim in any such court that any such suit, action or proceeding brought in any such court has been brought in an inconvenient forum. EACH PARTY HERETO WAIVES, TO THE FULLEST EXTENT
PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO TRIAL BY JURY IN RESPECT OF ANY SUIT, ACTION OR PROCEEDING RELATING TO, OR BASED UPON, THIS AGREEMENT OR THE SUBJECT MATTER HEREOF OR IN ANY WAY CONNECTED WITH THE DEALINGS OF ANY PARTY IN
CONNECTION WITH ANY OF THE ABOVE, IN EACH CASE WHETHER NOW EXISTING OR HEREAFTER ARISING AND WHETHER IN CONTRACT, TORT OR OTHERWISE. EACH PARTY (I) CERTIFIES THAT NO REPRESENTATIVE, AGENT OR ATTORNEY OF THE OTHER PARTY HAS REPRESENTED,
EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY WOULD NOT, IN THE EVENT OF SUCH A SUIT, ACTION OR PROCEEDING, SEEK TO ENFORCE THE FOREGOING WAIVER AND (II) ACKNOWLEDGES THAT IT AND THE OTHER PARTY HAVE BEEN INDUCED TO ENTER INTO THIS AGREEMENT
BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS PROVIDED HEREIN. EACH PARTY HERETO MAY FILE AN ORIGINAL COUNTERPART OR A COPY OF THIS AGREEMENT WITH ANY COURT AS WRITTEN EVIDENCE OF THE CONSENT OF THE PARTIES TO THE FOREGOING
WAIVERS. 
 15. Binding Effect; Benefit of Agreement 

The Seller and the Buyer hereby agree that the Administrative Agent is a third-party beneficiary of this Agreement and, except as otherwise
provided herein, this Agreement shall be binding upon the parties hereto and inure to the benefit of the parties hereto and the Administrative Agent and their respective successors, heirs, executors, legal representatives and transferees. 

  
 -7- 

 16. Counterparts. 

This Agreement may be executed in counterparts, each of which shall be deemed an original, but all of which together shall be deemed to be one
and the same agreement. A signed copy of this Agreement delivered by facsimile, e-mail or other means of electronic transmission shall be deemed to have the same legal effect as delivery of an original signed
copy of this Agreement. 
 [signature page follows] 

  
 -8- 

 IN WITNESS WHEREOF, the parties hereto have executed this Agreement on the date first
written above. 
  

	
	SELLER:
	
	SENTE MASTER FUND, L.P.
	 By: DFG Investment Advisers, Inc.,

    its investment manager

	
	By: /s/ Moritz
Hilf                                         
       
	 Name: Moritz Hilf
 Title: CFO & Vice
President

	
	BUYER:
	
	BLACKSTONE / GSO SECURED LENDING FUND
	
	By: /s/ Marisa
Beeney                                        
    
	 Name: Marisa Beeney
 Title: Chief Compliance
Officer

  

			
	Consented to as Administrative Agent under the Credit Agreement:
	
	BNP PARIBAS, as Administrative Agent
		
	By:	 	 /s/ Adnan A. Zuberi

		 	Name: Adnan A. Zuberi
		 	Title: Managing Director
		
	By:	 	 /s/ Patrick McKee

		 	Name: Patrick McKee
		 	Title: Managing Director

 Schedule I 

Wire Instructions 

 Exhibit A 

Assignment and Assumption 

 Exhibit A 

ASSIGNMENT AND ASSUMPTION 
 Reference is
hereby made to (i) the Credit Agreement, dated as of August 21, 2018 (as amended and in effect on the date hereof, the “Credit Agreement”) by and among BNP Paribas, as a Lender (“BNP Paribas”), the other
Lenders party thereto, Macomb Park CLO, Ltd., as Borrower (the “Borrower”), BNP Paribas, as Administrative Agent, GSO / Blackstone Debt Funds Management LLC, as Collateral Manager (the “Collateral
Manager”), and SENTE Master Fund, L.P., as Preferred Investor (“SENTE”), (ii) the Preference Share Subscription Agreement, dated as of August 21, 2018 (as amended and in effect on the date hereof, the
“Subscription Agreement”) between the Borrower, as Issuer, and SENTE, as Purchaser, and (iii) the Purchase and Sale Agreement, dated as of August 21, 2018 (as amended and in effect on the date hereof, the “Purchase
Agreement”) between SENTE, as Seller, and Blackstone / GSO Secured Lending Fund, as Buyer (“GSO Preferred Buyer”). Capitalized terms used herein that are not otherwise defined herein shall have the respective meanings
ascribed thereto in the Credit Agreement. 
 SENTE hereby sells, assigns and transfers to GSO Preferred Buyer all right, title and interest to
(i) U.S.$[    ] Preference Shares, issued by the Borrower pursuant to the Subscription Agreement and (ii) the rights and obligations of SENTE in and to the Subscription Agreement and the Credit Agreement (the interests
and documents set forth in clauses (i) and (ii), collectively, the “Transferred Assets”), for a purchase price of U.S.$[    ]. 

Pursuant to Section 5 of the Subscription Agreement, GSO Preferred Buyer hereby makes those certain representations and warrants to SENTE and the
Borrower, and hereby agrees to those certain covenants, agreements and acknowledgements set forth in the Subscription Agreement, including Section 5 therein, as if GSO Preferred Buyer were the “Purchaser” as set forth therein. GSO
Preferred Buyer hereby makes those representations and warranties to BNP Paribas, the Borrower and the Collateral Manager, and agrees to those certain covenants, agreements and acknowledgments set forth in the Credit Agreement as if GSO Preferred
Buyer were the “Preferred Investor” set forth therein. GSO Preferred Buyer hereby makes, as of the date hereof, those representations and warranties to SENTE set forth in Section 3 of the Purchase Agreement. 

From time to time after the date hereof, SENTE will execute, deliver and record or cause to be executed, delivered and recorded such other instruments of
conveyance, assignment, transfer and delivery and will take such other actions as GSO Preferred Buyer may reasonably request in order to more effectively transfer, convey, assign, delegate and deliver, as applicable, to GSO Preferred Buyer the
Transferred Assets. 
 In accordance with the provisions of the Credit Agreement, the Subscription Agreement and the Purchase Agreement, including
Section 13(c) of the Credit Agreement, Section 10 of the Subscription Agreement and Section 1(d) of the Purchase Agreement, each of the Borrower, BNP Paribas and the Collateral Manager hereby agrees and consents to the transfer and
assignment of the Transferred Assets from SENTE to GSO Preferred Buyer and agrees that from and following the date hereof, SENTE shall no longer be a “Preferred Investor” or have any obligations under the Credit Agreement or the
Subscription Agreement. 

 IN WITNESS WHEREOF, the parties have executed this Assignment and Assumption as of the date and year set
forth above. 
  

	
	SENTE MASTER FUND, L.P., as assignor
	
	By: DFG Investment Advisers, Inc. its investment manager
	
	By:                                     
                                   
	       Name: 

      Title:

	
	BLACKSTONE / GSO SECURED LENDING FUND, as assignee
	
	By:                                     
                                   
	       Name: 

      Title:

 

			
	Accepted and Agreed:
	
	BNP PARIBAS,
	as Lender
		
	By:	 	  

		 	 Name:
 Title:

		
	By:	 	  

		 	 Name:
 Title:

			
	MACOMB PARK CLO, LTD.,
	    as Borrower
		
	By:	 	  

		 	 Name:
 Title:

		 	Witness:

 GSO / BLACKSTONE DEBT FUNDS MANAGEMENT LLC, 

    as Collateral Manager 
  

			
	By:	 	  

		 	 Name:
 Title:

	
	BNP PARIBAS,
	    as Administrative Agent
		
	By:	 	  

		 	 Name:
 Title:

		
	By:	 	  

		 	 Name:
 Title:

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