Common use of Collateral Custodian Clause in Contracts

Collateral Custodian. Section 11.01 Designation of Collateral Custodian 120 Section 11.02 Duties of Collateral Custodian 121 Section 11.03 Merger or Consolidation 123 Section 11.04 Collateral Custodian Compensation 123 Section 11.05 Collateral Custodian Removal 123 Section 11.06 Limitation on Liability 124 Section 11.07 Collateral Custodian Resignation 125 Section 11.08 Release of Documents 125 Section 11.09 Return of Required Loan Documents 126 Section 11.10 Access to Certain Documentation and Information Regarding the Collateral Portfolio; Due Diligence on the Borrower Advisors 126 Section 11.11 Bailment 127 Section 12.01 Amendments and Waivers 127 Section 12.02 Notices, Etc 129 Section 12.03 No Waiver; Remedies 129 Section 12.04 Binding Effect; Assignability; Multiple Lenders 129 Section 12.05 Term of This Agreement 130 Section 12.06 GOVERNING LAW; JURY WAIVER 130 Section 12.07 Costs, Expenses and Taxes 131 Section 12.08 No Proceedings 131 Section 12.09 Recourse Against Certain Parties 132 Section 12.10 Execution in Counterparts; Severability; Integration 134 Section 12.11 Consent to Jurisdiction; Service of Process 134 Section 12.12 Characterization of Conveyances Pursuant to the Purchase and Sale Agreement 134 Section 12.13 Confidentiality 136 Section 12.14 Non-Confidentiality of Tax Treatment 137 Section 12.15 Waiver of Set Off 137 Section 12.16 Headings and Exhibits 137 Section 12.17 Ratable Payments 138 Section 12.18 Failure of Borrower or Collateral Manager to Perform Certain Obligations 138 Section 12.19 Power of Attorney 138 Section 12.20 Intent of the Parties 138 Section 12.21 Limitation on Liability 139

Collateral Custodian. Section 11.01 Designation of Collateral Custodian 120 134 Section 11.02 Duties of Collateral Custodian 121 134 Section 11.03 Merger or Consolidation 123 137 Section 11.04 Collateral Custodian Compensation 123 137 Section 11.05 Collateral Custodian Removal 123 138 Section 11.06 Limitation on Liability 124 138 Section 11.07 Collateral Custodian Resignation 125 140 Section 11.08 Release of Documents 125 140 Section 11.09 Return of Required Loan Documents 126 141 Section 11.10 Access to Certain Documentation and Information Regarding the Collateral Portfolio; Due Diligence on the Borrower Advisors 126 141 Section 11.11 Bailment 127 Agent of the Collateral Agent 142 Section 11.12 Indemnification of the Collateral Custodian 142 Section 12.01 Amendments and Waivers 127 142 Section 12.02 Notices, Etc 129 Etc. 143 Section 12.03 No Waiver; Remedies 129 145 Section 12.04 Binding Effect; Assignability; Multiple Lenders 129 145 Section 12.05 Term of This Agreement 130 147 Section 12.06 GOVERNING LAW; JURY WAIVER 130 147 Section 12.07 Costs, Expenses and Taxes 131 148 Section 12.08 No Proceedings 131 Further Assurances 149 Section 12.09 Recourse Against Certain Parties 132 149 Section 12.10 Execution in Counterparts; Severability; Integration 134 150 Section 12.11 Consent to Jurisdiction; Service of Process 134 Section 12.12 Characterization of Conveyances Pursuant to the Purchase and Sale Agreement 134 150 Section 12.12 Confidentiality 151 Section 12.13 Confidentiality 136 Section 12.14 Non-Confidentiality of Tax Treatment 137 Section 12.15 Waiver of Set Off 137 152 Section 12.16 12.14 Headings and Exhibits 137 152 Section 12.17 12.15 Ratable Payments 138 152 Section 12.18 12.16 Failure of Borrower or Collateral Manager Servicer to Perform Certain Obligations 138 153 Section 12.19 12.17 Power of Attorney 138 153 Section 12.20 Intent 12.18 Delivery of the Parties 138 Termination Statements, Releases, etc. 153 Section 12.21 Limitation on Liability 13912.19 Non-Petition 153

Collateral Custodian. Section 11.01 Designation of Collateral Custodian 120 180 Section 11.02 Duties of Collateral Custodian 121 181 Section 11.03 Merger or Consolidation 123 183 Section 11.04 Collateral Custodian Compensation 123 184 Section 11.05 Collateral Custodian Removal 123 184 Section 11.06 Limitation on Liability 124 184 Section 11.07 Collateral Custodian Resignation 125 185 Section 11.08 Release of Documents 125 186 Section 11.09 Return of Required Loan Documents 126 186 Section 11.10 Access to Certain Documentation and Information Regarding the Collateral Portfolio; Due Diligence on the Borrower Advisors 126 187 Section 11.11 Bailment 127 187 Section 12.01 Amendments and Waivers 127 187 Section 12.02 Notices, Etc 129 Etc. 188 Section 12.03 No Waiver; Remedies 129 191 Section 12.04 Binding Effect; Assignability; Multiple Lenders 129 191 Section 12.05 Term of This Agreement 130 192 Section 12.06 GOVERNING LAW; JURY WAIVER 130 193 Section 12.07 Costs, Expenses and Taxes 131 194 Section 12.08 No Proceedings 131 Further Assurances 195 Section 12.09 Recourse Against Certain Parties 132 195 Section 12.10 Execution in Counterparts; Severability; Integration 134 196 Section 12.11 Consent to Jurisdiction; Service of Process 134 Section 12.12 Characterization of Conveyances Pursuant to the Purchase and Sale Agreement 134 196 Section 12.12 Confidentiality 197 Section 12.13 Confidentiality 136 Section 12.14 Non-Confidentiality of Tax Treatment 137 Section 12.15 Waiver of Set Off 137 199 Section 12.16 12.14 Headings and Exhibits 137 199 Section 12.17 12.15 Ratable Payments 138 199 Section 12.18 12.16 Failure of Borrower or Collateral Manager Servicer to Perform Certain Obligations 138 199 Section 12.19 12.17 Power of Attorney 138 199 Section 12.18 Delivery of Termination Statements, Releases, etc. 199 Section 12.19 Non-Petition 200 Section 12.20 Intent Acknowledgment and Consent to Bail-In of the Parties 138 Affected Financial Institutions 200 Section 12.21 Limitation on Liability 139Return of Certain Payments 201

Collateral Custodian. Section 11.01 Designation of Collateral Custodian 120 132 Section 11.02 Duties of Collateral Custodian 121 132 Section 11.03 Merger or Consolidation 123 134 Section 11.04 Collateral Custodian Compensation 123 135 Section 11.05 Collateral Custodian Removal 123 135 Section 11.06 Limitation on Liability 124 135 Section 11.07 Collateral Custodian Resignation 125 136 Section 11.08 Release of Documents 125 137 Section 11.09 Return of Required Loan Documents 126 138 Section 11.10 Access to Certain Documentation and Information Regarding the Collateral Portfolio; Due Diligence on the Borrower Advisors 126 138 Section 11.11 Bailment 127 138 Section 12.01 Amendments and Waivers 127 139 Section 12.02 Notices, Etc 129 Etc. 140 Section 12.03 No Waiver; Remedies 129 140 Section 12.04 Binding Effect; Assignability; Multiple Lenders 129 141 Section 12.05 Term of This Agreement 130 142 Section 12.06 GOVERNING LAW; JURY WAIVER 130 142 Section 12.07 Costs, Expenses and Taxes 131 143 Section 12.08 No Proceedings 131 144 Section 12.09 Recourse Against Certain Parties 132 144 Section 12.10 Execution in Counterparts; Severability; Integration 134 146 Section 12.11 Consent to Jurisdiction; Service of Process 134 146 Section 12.12 Characterization of Conveyances Pursuant to the Purchase and Sale Agreement 134 146 Section 12.13 Confidentiality 136 148 Section 12.14 Non-Confidentiality of Tax Treatment 137 149 Section 12.15 Waiver of Set Off 137 149 Section 12.16 Headings and Exhibits 137 149 Section 12.17 Ratable Payments 138 150 Section 12.18 Failure of Borrower or Collateral Manager to Perform Certain Obligations 138 150 Section 12.19 Power of Attorney 138 150 Section 12.20 Intent of the Parties 138 Permitted Equityholder Transaction 150 Section 12.21 Limitation on Liability 139151 EXHIBIT A Form of Approval Notice EXHIBIT B Form of Borrowing Base Certificate EXHIBIT C Form of Disbursement Request EXHIBIT D Form of Joinder Supplement EXHIBIT E Form of Notice of Borrowing EXHIBIT F Form of Notice of Prepayment (Reduction of Advances Outstanding) EXHIBIT G Form of Notice of Reduction (Reduction of Maximum Facility Amount) EXHIBIT H Form of Variable Funding Note EXHIBIT I Form of Certificate of Closing Attorneys EXHIBIT J Form of Collateral Management Report EXHIBIT K Form of Collateral Manager Certificate (Collateral Management Report) EXHIBIT L Form of Release of Required Loan Documents EXHIBIT M Form of Transferee Letter EXHIBIT N Form of Officer’s Certificate (Solvency) EXHIBIT O Form of Notice and Request for Consent to Lien Release Dividend EXHIBIT P Form of Static Pool Report SCHEDULE I Prior Names, Tradenames, Fictitious Names and “Doing Business As” Names SCHEDULE II Agreed-Upon Procedures For Independent Public Accountants SCHEDULE III ▇▇▇▇▇’▇ Industry Classification Group List ANNEX A Addresses for Notices ANNEX B Commitments ANNEX C Calculated Applicable Spread THIS LOAN AND SECURITY AGREEMENT (as amended, modified, waived, supplemented, restated or replaced from time to time, this “Agreement”) is made as of August 13, 2015, among:

Collateral Custodian. Section 11.01 Designation of Collateral Custodian 120 160 Section 11.02 Duties of Collateral Custodian 121 161 Section 11.03 Merger or Consolidation 123 163 Section 11.04 Collateral Custodian Compensation 123 163 Section 11.05 Collateral Custodian Removal 123 164 Section 11.06 Limitation on Liability 124 164 Section 11.07 Collateral Custodian Resignation 125 165 Section 11.08 Release of Documents 125 165 Section 11.09 Return of Required Loan Documents 126 166 Section 11.10 Access to Certain Documentation and Information Regarding the Collateral Portfolio; Due Diligence on the Borrower Advisors 126 166 Section 11.11 Bailment 127 167 Section 12.01 Amendments and Waivers 127 167 Section 12.02 Notices, Etc 129 Etc. 168 Section 12.03 No Waiver; Remedies 129 170 Section 12.04 Binding Effect; Assignability; Multiple Lenders 129 170 Section 12.05 Term of This Agreement 130 171 Section 12.06 GOVERNING LAW; JURY WAIVER 130 171 Section 12.07 Costs, Expenses and Taxes 131 173 Section 12.08 No Proceedings 131 Further Assurances 173 Section 12.09 Recourse Against Certain Parties 132 173 Section 12.10 Execution in Counterparts; Severability; Integration 134 174 Section 12.11 Consent to Jurisdiction; Service of Process 134 Section 12.12 Characterization of Conveyances Pursuant to the Purchase and Sale Agreement 134 174 Section 12.12 Confidentiality 175 Section 12.13 Confidentiality 136 Section 12.14 Non-Confidentiality of Tax Treatment 137 Section 12.15 Waiver of Set Off 137 177 Section 12.16 12.14 Headings and Exhibits 137 177 Section 12.17 12.15 Ratable Payments 138 177 Section 12.18 12.16 Failure of Borrower or Collateral Manager Servicer to Perform Certain Obligations 138 177 Section 12.19 12.17 Power of Attorney 138 177 Section 12.18 Delivery of Termination Statements, Releases, etc. 178 Section 12.19 Non-Petition 178 Section 12.20 Intent Acknowledgment and Consent to Bail-In of the Parties 138 Affected Financial Institutions 179 Section 12.21 Limitation on Liability 139Return of Certain Payments 179

Collateral Custodian. Section 11.01 Designation of Collateral Custodian 120 156 Section 11.02 Duties of Collateral Custodian 121 156 Section 11.03 Merger or Consolidation 123 159 Section 11.04 Collateral Custodian Compensation 123 159 TABLE OF CONTENTS(continued) Page Section 11.05 Collateral Custodian Removal 123 159 Section 11.06 Limitation on Liability 124 160 Section 11.07 Collateral Custodian Resignation 125 161 Section 11.08 Release of Documents 125 162 Section 11.09 Return of Required Loan Documents 126 162 Section 11.10 Access to Certain Documentation and Information Regarding the Collateral Portfolio; Due Diligence on the Borrower Advisors 126 163 Section 11.11 Bailment 127 163 Section 12.01 Amendments and Waivers 127 163 Section 12.02 Notices, Etc 129 Etc. 164 Section 12.03 No Waiver; Remedies 129 166 Section 12.04 Binding Effect; Assignability; Multiple Lenders 129 166 Section 12.05 Term of This Agreement 130 168 Section 12.06 GOVERNING LAW; JURY WAIVER 130 168 Section 12.07 Costs, Expenses and Taxes 131 169 Section 12.08 No Proceedings 131 Further Assurances 170 Section 12.09 Recourse Against Certain Parties 132 170 Section 12.10 Execution in Counterparts; Severability; Integration 134 170 Section 12.11 Consent to Jurisdiction; Service of Process 134 Section 12.12 Characterization of Conveyances Pursuant to the each Purchase and Sale Agreement 134 171 Section 12.12 Confidentiality 172 Section 12.13 Confidentiality 136 Section 12.14 Non-Confidentiality of Tax Treatment 137 Section 12.15 Waiver of Set Off 137 174 Section 12.16 12.14 Headings and Exhibits 137 174 Section 12.17 12.15 Ratable Payments 138 174 Section 12.18 12.16 Failure of Borrower any Loan Party or Collateral Manager Servicer to Perform Certain Obligations 138 174 Section 12.19 12.17 Power of Attorney 138 174 Section 12.20 Intent 12.18 Delivery of Termination Statements, Releases, etc. 174 Section 12.19 Non-Petition 175 SCHEDULE I - Conditions Precedent Documents SCHEDULE II - Eligibility Criteria SCHEDULE III - Agreed-Upon Procedures for Independent Public Accountants SCHEDULE IV - Loan Asset Schedule SCHEDULE V - Industry Classification SCHEDULE VI - Diversity Score SCHEDULE VII - Existing ▇▇▇▇▇ BDC CLOs ANNEXES ANNEX A - Commitments EXHIBITS EXHIBIT A - Form of Approval Notice EXHIBIT B - Form of Borrowing Base Certificate EXHIBIT C - Form of Disbursement Request EXHIBIT D - Form of Notice of Borrowing EXHIBIT E - Form of Notice of Reduction (Reduction of Advances Outstanding) EXHIBIT F - Form of Notice of Termination/Permanent Reduction EXHIBIT G - [Reserved] EXHIBIT H - Form of Servicing Report EXHIBIT I - Form of Servicer Certificate (Servicing Report) EXHIBIT J - Form of Release of Required Loan Documents EXHIBIT K - Form of Assignment and Acceptance EXHIBIT L - Forms of U.S. Tax Compliance Certificates EXHIBIT M Form of Joinder Supplement EXHIBIT N Form of Securitization Subsidiary Joinder This LOAN AND SERVICING AGREEMENT is made as of February 1, 2019, among: (1) ▇▇▇▇▇ CAPITAL BDC FUNDING II LLC, a Delaware limited liability company, as the Parties 138 Section 12.21 Limitation on Liability 139Borrower (as defined below);

Collateral Custodian. 98 Section 11.01 9.01 Designation of Collateral Custodian 120 98 Section 11.02 9.02 Duties of Collateral Custodian 121 99 Section 11.03 9.03 Merger or Consolidation 123 101 Section 11.04 9.04 Collateral Custodian Compensation 123 101 Section 11.05 9.05 Collateral Custodian Removal 123 102 Section 11.06 9.06 Limitation on Liability 124 102 Section 11.07 9.07 Collateral Custodian Resignation 125 104 Section 11.08 9.08 Release of Documents 125 104 Section 11.09 9.09 Return of Required Loan Documents 126 Asset Files 105 Section 11.10 9.10 Access to Certain Documentation and Information Regarding the Collateral; Audits of Portfolio Asset Servicer 105 Section 9.11 Bailment 106 Section 9.12 Indemnification of the Collateral Portfolio; Due Diligence on Custodian 106 ARTICLE X. INDEMNIFICATION 106 Section 10.01 Indemnities by the Borrower Advisors 126 106 Section 11.11 Bailment 127 10.02 Legal Proceedings 107 ARTICLE XI. MISCELLANEOUS 108 Section 12.01 11.01 Amendments and Waivers 127 108 Section 12.02 11.02 Notices, Etc 129 108 Section 12.03 11.03 No Waiver; Waiver Remedies 129 109 Section 12.04 11.04 Binding Effect; Assignability; Multiple Lenders 129 109 Section 12.05 11.05 Term of This Agreement 130 110 Section 12.06 11.06 GOVERNING LAW; JURY WAIVER 130 110 Section 12.07 11.07 Costs, Expenses and Taxes 131 110 Section 12.08 No Proceedings 131 Section 12.09 11.08 Recourse Against Certain Parties 132 Parties; Non-Petition 111 Section 12.10 11.09 Execution in Counterparts; Severability; Integration 134 112 Section 12.11 11.10 Consent to Jurisdiction; Service of Process 134 112 Section 12.12 Characterization of Conveyances Pursuant to the Purchase and Sale Agreement 134 11.11 Confidentiality 113 Section 12.13 Confidentiality 136 Section 12.14 11.12 Non-Confidentiality of Tax Treatment 137 Section 12.15 Waiver of Set Off 137 Section 12.16 Headings and Exhibits 137 Section 12.17 Ratable Payments 138 Section 12.18 Failure of Borrower or Collateral Manager to Perform Certain Obligations 138 Section 12.19 Power of Attorney 138 Section 12.20 Intent of the Parties 138 Section 12.21 Limitation on Liability 139114

Collateral Custodian. Section 11.01 Designation of Collateral Custodian 120 153 Section 11.02 Duties of Collateral Custodian 121 153 Section 11.03 Merger or Consolidation 123 156 Section 11.04 Collateral Custodian Compensation 123 156 Section 11.05 Collateral Custodian Removal 123 157 Section 11.06 Limitation on Liability 124 157 Section 11.07 Collateral Custodian Resignation 125 158 Section 11.08 Release of Documents 125 159 Section 11.09 Return of Required Loan Documents 126 159 Section 11.10 Access to Certain Documentation and Information Regarding the Collateral Portfolio; Due Diligence on the Borrower Advisors 126 160 Section 11.11 Bailment 127 160 Section 12.01 Amendments and Waivers 127 160 Section 12.02 Notices, Etc 129 Etc. 161 Section 12.03 No Waiver; Remedies 129 163 Section 12.04 Binding Effect; Assignability; Multiple Lenders 129 164 Section 12.05 Term of This Agreement 130 165 Section 12.06 GOVERNING LAW; JURY WAIVER 130 165 Section 12.07 Costs, Expenses and Taxes 131 166 Section 12.08 No Proceedings 131 Further Assurances 167 Section 12.09 Recourse Against Certain Parties 132 167 Section 12.10 Execution in Counterparts; Severability; Integration 134 168 Section 12.11 Consent to Jurisdiction; Service of Process 134 Section 12.12 Characterization of Conveyances Pursuant to the each Purchase and Sale Agreement 134 168 Section 12.12 Confidentiality 169 Section 12.13 Confidentiality 136 Section 12.14 Non-Confidentiality of Tax Treatment 137 Section 12.15 Waiver of Set Off 137 171 Section 12.16 12.14 Headings and Exhibits 137 171 Section 12.17 12.15 Ratable Payments 138 171 Section 12.18 12.16 Failure of Borrower any Loan Party or Collateral Manager Servicer to Perform Certain Obligations 138 171 Section 12.19 12.17 Power of Attorney 138 171 Section 12.20 Intent 12.18 Delivery of the Parties 138 Termination Statements, Releases, etc. 172 Section 12.21 Limitation on Liability 13912.19 Non-Petition 172