SEC Contract Filing

Filing Date: 2024-11-13

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<DIV><FONT size="1" style="font-size:1pt;color:white">EXECUTION VERSION USActive 60967401.4 AMENDMENT NO. 4 TO LOAN AND SECURITY AGREEMENT, (this &#8220;Amendment&#8221;) dated as of November 1, 2024, among NMF SLF I SPV, L.L.C., a Delaware limited liability company, as the borrower (the &#8220;Borrower&#8221;), NEW MOUNTAIN FINANCE ADVISERS, L.L.C., a Delaware limited liability company, as the collateral manager (the &#8220;Collateral Manager&#8221;), NMF SLF I, INC., a Maryland Corporation, as the equityholder (the &#8220;Equityholder&#8221;) and as the seller (the &#8220;Seller&#8221;), WELLS FARGO BANK, NATIONAL ASSOCIATION, as the administrative agent (the &#8220;Administrative Agent&#8221;), as a lender (the &#8220;Lender&#8221;) and as the swingline lender (the &#8220;Swingline Lender&#8221;) and WELLS FARGO BANK, NATIONAL ASSOCIATION, as the collateral custodian (the &#8220;Collateral Custodian&#8221;). WHEREAS, the Borrower, the Collateral Manager, the Equityholder, the Seller, the Administrative Agent, the Lender, the Swingline Lender, the other lenders party from time to time thereto and the Collateral Custodian, are parties to the Loan and Security Agreement, dated as of December 23, 2020 (as amended from time to time prior to the date hereof, the &#8220;LSA&#8221;), providing, among other things, for the making and the administration of the Advances by the lenders to the Borrower; WHEREAS, on August 21, 2024, New Mountain Finance Advisers BDC, L.L.C. changed its name to New Mountain Finance Advisers, L.L.C.; and WHEREAS, the Borrower, the Collateral Manager, the Equityholder, the Administrative Agent and the Lender desire to amend the LSA in accordance with Section 12.1 thereof and subject to the terms and conditions set forth herein. NOW THEREFORE, in consideration of the foregoing premises and the mutual agreements contained herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto, intending to be legally bound, hereby agree as follows: ARTICLE I Definitions SECTION 1.1. Defined Terms. Terms used but not defined herein have the respective meanings given to such terms in the LSA. ARTICLE II Amendments SECTION 2.1. As of the date of this Amendment, the Loan and Security Agreement is hereby amended to delete the stricken text (indicated textually in the same manner as the following example: stricken text) and to add the bold and double-underlined text (indicated textually in the same manner as the following example: bold and double-underlined text) as set forth on the pages of the LSA attached as Appendix A hereto. USActive 60967401.4 2 SECTION 2.2. As of the date of this Amendment, all references in the Transaction Documents to &#8220;New Mountain Finance Advisers BDC, L.L.C.&#8221; in its role as Collateral Manager shall be replaced with &#8220;New Mountain Finance Advisers, L.L.C.&#8221; ARTICLE III Representations and Warranties SECTION 3.1. The Borrower and the Collateral Manager hereby represent and warrant to the Administrative Agent and the Lender that, as of the date first written above, (i) no Default or Event of Default has occurred and is continuing and (ii) the representations and warranties of the Borrower and the Collateral Manager contained in the LSA are true and correct in all material respects on and as of such day (other than any representation and warranty that is made as of a specific date). ARTICLE IV Conditions Precedent SECTION 4.1. This Amendment shall become effective as of the date first written above so long as the following conditions are satisfied: (a) the execution and delivery of this Amendment by each party hereto; (b) the Administrative Agent&#8217;s receipt of a legal opinion of Dechert LLP counsel to the Borrower in form and substance reasonably satisfactory to the Administrative Agent covering such matters as the Administrative Agent may reasonably request; (c) the Administrative Agent&#8217;s receipt of a good standing certificate of the Borrower and the Collateral Manager issued by Secretary of State of the State of Delaware and a certified copy of the resolutions of the board of directors of the Collateral Manager approving this Amendment and the transactions contemplated hereby, certified by an authorized officer (or similar) of the Equityholder; and (d) the Borrower shall have paid to the Administrative Agent, in immediately available funds for its own account, any fees (including reasonable and documented fees, disbursements and other charges of counsel to the Administrative Agent) to be received on the date hereof. ARTICLE V Miscellaneous SECTION 5.1. Governing Law. THIS AMENDMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES UNDER THIS AGREEMENT SHALL BE USActive 60967401.4 3 GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK. SECTION 5.2. Severability Clause. In case any provision in this Amendment shall be invalid, illegal or unenforceable, the validity, legality, and enforceability of the remaining provisions shall not in any way be affected or impaired thereby. SECTION 5.3. Ratification. Except as expressly amended hereby, the LSA is in all respects ratified and confirmed and all the terms, conditions and provisions thereof shall remain in full force and effect. This Amendment shall form a part of the LSA for all purposes. SECTION 5.4. Counterparts. The parties hereto may sign one or more copies of this Amendment in counterparts, all of which together shall const