SEC Contract Filing

Filing Date: 2024-09-23

Document Content:
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<DIV><FONT size="1" style="font-size:1pt;color:white">BUSINESS.31747005.5 EXHIBIT 10.4 EXECUTION VERSION AMENDED AND RESTATED COLLATERAL MANAGEMENT AGREEMENT dated as of September 17, 2024 by and between BARINGS PRIVATE CREDIT CORPORATION CLO 2023-1 LTD., as Issuer and BARINGS PRIVATE CREDIT CORPORATION, as Collateral Manager </FONT></DIV>
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<DIV><FONT size="1" style="font-size:1pt;color:white">BUSINESS.31747005.5 TABLE OF CONTENTS Page Section 1. Definitions .......................................................................................................................... 3 Section 2. General Duties and Authority of the Collateral Manager ................................................... 5 Section 3. Purchase and Sale Transactions; Brokerage ....................................................................... 9 Section 4. Additional Activities of the Collateral Manager ............................................................... 10 Section 5. Conflicts of Interest .......................................................................................................... 11 Section 6. Records; Confidentiality ................................................................................................... 13 Section 7. Obligations of Collateral Manager .................................................................................... 14 Section 8. Compensation ................................................................................................................... 15 Section 9. Benefit of the Agreement .................................................................................................. 16 Section 10. Limits of Collateral Manager Responsibility and Liability .............................................. 16 Section 11. No Joint Venture ............................................................................................................... 19 Section 12. Term; Termination ............................................................................................................ 19 Section 13. Assignments ...................................................................................................................... 20 Section 14. Removal for Cause ............................................................................................................ 21 Section 15. Obligations of Resigning or Removed Collateral Manager .............................................. 24 Section 16. Representations and Warranties ........................................................................................ 24 Section 17. Limited Recourse; No Petition .......................................................................................... 27 Section 18. Notices .............................................................................................................................. 27 Section 19. Binding Nature of Agreement; Successors and Assigns ................................................... 27 Section 20. Entire Agreement; Amendment ........................................................................................ 27 Section 21. Governing Law ................................................................................................................. 28 Section 22. Submission to Jurisdiction ................................................................................................ 28 Section 23. Waiver of Jury Trial .......................................................................................................... 28 Section 24. Conflict with the Indenture ............................................................................................... 28 Section 25. Subordination; Assignment of Agreement ........................................................................ 29 Section 26. Indulgences Not Waivers .................................................................................................. 29 Section 27. Costs and Expenses ........................................................................................................... 29 Section 28. Third Party Beneficiaries .................................................................................................. 30 Section 29. Titles Not to Affect Interpretation .................................................................................... 30 Section 30. Execution in Counterparts ................................................................................................ 30 Section 31. Provisions Separable ......................................................................................................... 30 Section 32. Gender ............................................................................................................................... 31 Section 33. Existing Agreement .......................................................................................................... 31 </FONT></DIV>
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<DIV><FONT size="1" style="font-size:1pt;color:white">BUSINESS.31747005.5 AMENDED AND RESTATED COLLATERAL MANAGEMENT AGREEMENT This Amended and Restated Collateral Management Agreement (as amended from time to time, th