Preview | Senior Secured Revolving Credit Agreement |

TABLE OF CONTENTS


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ARTICLE I DEFINITIONS; CONSTRUCTION		1

Section 1.1. Definitions		1
Section 1.2. Classifications of Loans and Borrowings		27
Section 1.3. Accounting Terms and Determination		27
Section 1.4. Terms Generally		27

ARTICLE II AMOUNT AND TERMS OF THE COMMITMENTS		28

Section 2.1. General Description of Facilities		28
Section 2.2. Revolving Loans		28
Section 2.3. Procedure for Borrowings		28
Section 2.4. Swingline Commitment		29
Section 2.5. Funding of Borrowings		30
Section 2.6. Interest Elections		31
Section 2.7. Optional Reduction and Termination of Commitments		32
Section 2.8. Repayment of Loans		32
Section 2.9. Evidence of Indebtedness		33
Section 2.10. Prepayments		33
Section 2.11. Interest on Loans		34
Section 2.12. Fees		35
Section 2.13. Computation of Interest and Fees		36
Section 2.14. Inability to Determine Interest Rates		36
Section 2.15. Illegality		36
Section 2.16. Increased Costs		37
Section 2.17. Funding Indemnity		38
Section 2.18. Taxes		38
Section 2.19. Payments Generally; Pro Rata Treatment; Sharing of Set-offs		40
Section 2.20. Letters of Credit		41
Section 2.21. Increase of Commitments; Additional Lenders		46
Section 2.22. Mitigation of Obligations		47
Section 2.23. Replacement of Lenders		47

ARTICLE III CONDITIONS PRECEDENT TO LOANS AND LETTERS OF CREDIT		47

Section 3.1. Conditions To Effectiveness		47
Section 3.2. Each Credit Event		50
Section 3.3. Delivery of Documents		51

ARTICLE IV REPRESENTATIONS AND WARRANTIES		51

Section 4.1. Existence; Power		51
Section 4.2. Organizational Power; Authorization		51
Section 4.3. Governmental Approvals; No Conflicts		51
Section 4.4. Financial Statements		52
Section 4.5. Litigation and Environmental Matters		52
Section 4.6. Compliance with Laws and Agreements		52
Section 4.7. Investment Company Act, Etc		52
Section 4.8. Taxes		53
Section 4.9. Margin Regulations		53


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Section 4.10. Underwriting Policies		53
Section 4.11. ERISA		53
Section 4.12. Ownership of Property		53
Section 4.13. Disclosure		54
Section 4.14. Labor Relations		54
Section 4.15. Subsidiaries		54
Section 4.16. Insolvency		54
Section 4.17. OFAC		55
Section 4.18. Patriot Act		55

ARTICLE V AFFIRMATIVE COVENANTS		55

Section 5.1. Financial Statements and Other Information		55
Section 5.2. Notices of Material Events		57
Section 5.3. Existence; Conduct of Business		58
Section 5.4. Compliance with Laws, Etc		58
Section 5.5. Payment of Obligations		58
Section 5.6. Books and Records		58
Section 5.7. Visitation, Inspection, Etc		58
Section 5.8. Maintenance of Properties; Insurance		59
Section 5.9. Use of Proceeds and Letters of Credit		59
Section 5.10. Maintenance of RIC Status and Business Development Company		59
Section 5.11. Additional Subsidiaries; Additional Collateral		59
Section 5.12. Portfolio Valuation and Diversifications, Etc		60
Section 5.13. Calculation of Borrowing Base		61
Section 5.14. Compliance with Underwriting Policies		63

ARTICLE VI FINANCIAL COVENANTS		63

Section 6.1. Minimum Asset Coverage Ratio		63
Section 6.2. Minimum Liquidity		63
Section 6.3. Minimum Consolidated Shareholders Equity		64

ARTICLE VII NEGATIVE COVENANTS		64

Section 7.1. Indebtedness and Preferred Equity

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