SEC Contract Filing

Filing Date: 2021-11-24

Document Content:
<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>tm2133688d1_ex10-1.htm
<DESCRIPTION>EXHIBIT 10.1
<TEXT>
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 <P STYLE="margin: 0pt">&nbsp;</P>

<P STYLE="text-align: right; margin: 0pt"><B>Exhibit 10.1</B></P>

<P STYLE="margin: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>EXECUTION VERSION</B></P>

<P STYLE="margin: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">AMENDMENT NO. 1</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">THIS AMENDMENT NO. 1, dated
as of November 19, 2021 (this &#8220;<U>Amendment</U>&#8221;), to Credit Agreement (capitalized terms used herein and not otherwise defined
shall have the meanings given to such terms in the Credit Agreement (as defined below)) is among GOLUB CAPITAL BDC, INC. (the &#8220;<U>Borrower</U>&#8221;)
and <FONT STYLE="text-transform: uppercase">JPMorgan chase bank, N.A., </FONT>as administrative agent (in such capacity, the &#8220;<U>Administrative
Agent</U>&#8221;) and as Collateral Agent (in such capacity, the &#8220;<U>Collateral Agent</U>&#8221;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase; text-align: center"><U>W I T N E S S E T
H</U>:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">WHEREAS, reference is made
to that certain Senior Secured Revolving Credit Agreement, dated as of February 11, 2021 (as amended by this Amendment and as further
amended, supplemented, amended and restated or otherwise modified from time to time, the &#8220;<U>Credit Agreement</U>&#8221;), among
the Borrower, the Lenders and the Administrative Agent and Collateral Agent;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">WHEREAS, the Borrower has
requested an increase in the maximum allowed amount of Commitments;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">WHEREAS, the Borrower and
the Administrative Agent have agreed that certain amendments are required to effect the replacement of LIBOR as the Benchmark for certain
Currencies.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">NOW, THEREFORE, the parties
hereto hereby covenant and agree as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase; text-align: center; text-indent: 0in">ARTICLE
I<BR>
DEFINITIONS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase; text-align: center; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in"><FONT STYLE="text-transform: uppercase">SECTION
1.1. <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></FONT><U>Definitions</U>. Capitalized terms used in this Amendment but not defined herein shall have the meanings ascribed thereto
in the Credit Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase; text-align: center; text-indent: 0in">ARTICLE
II&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase; text-align: center; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in"><FONT STYLE="text-transform: uppercase">SECTION
2.1. <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></FONT><U>Notification</U>. The Administrative Agent and the Borrower, by execution and delivery of this Amendment, hereby notify
the Lenders that the Administrative Agent and the Borrower have jointly elected to trigger a fallback from LIBOR with respect to all Loans,
Letters of Credit and obligations denominated in Pounds Sterling and CHF (the &#8220;<U>Early Opt-in Election</U>&#8221;). The amendments
set forth in Article III hereof are Benchmark Replacement Conforming Changes in connection with the Early Opt-in Election, and shall be
effective as of November 19, 2021, so long as prior to such date, the Administrative Agent has not received an objection to any of the
terms of this Amendment (in accordance with Section 2.12(b) of the Credit Agreement) by the Required Lenders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase; text-align: center; text-indent: 0in">ARTICLE
III<BR>
AMENDMENT TO CREDIT AGREEMENT</P>