Common use of Collateral Custodian Clause in Contracts

Collateral Custodian. 98 Section 9.01 Designation of Collateral Custodian 98 Section 9.02 Duties of Collateral Custodian 99 Section 9.03 Merger or Consolidation 101 Section 9.04 Collateral Custodian Compensation 101 Section 9.05 Collateral Custodian Removal 102 Section 9.06 Limitation on Liability 102 Section 9.07 Collateral Custodian Resignation 104 Section 9.08 Release of Documents 104 Section 9.09 Return of Loan Asset Files 105 Section 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 Custodian 106 ARTICLE X. INDEMNIFICATION 106 Section 10.01 Indemnities by the Borrower 106 Section 10.02 Legal Proceedings 107 ARTICLE XI. MISCELLANEOUS 108 Section 11.01 Amendments and Waivers 108 Section 11.02 Notices, Etc 108 Section 11.03 No Waiver Remedies 109 Section 11.04 Binding Effect; Assignability; Multiple Lenders 109 Section 11.05 Term of This Agreement 110 Section 11.06 GOVERNING LAW; JURY WAIVER 110 Section 11.07 Costs, Expenses and Taxes 110 Section 11.08 Recourse Against Certain Parties; Non-Petition 111 Section 11.09 Execution in Counterparts; Severability; Integration 112 Section 11.10 Consent to Jurisdiction; Service of Process 112 Section 11.11 Confidentiality 113 Section 11.12 Non-Confidentiality of Tax Treatment 114

Collateral Custodian. 98 Section 9.01 11.01 Designation of Collateral Custodian 98 156 Section 9.02 11.02 Duties of Collateral Custodian 99 156 Section 9.03 11.03 Merger or Consolidation 101 159 Section 9.04 11.04 Collateral Custodian Compensation 101 159 TABLE OF CONTENTS(continued) Page Section 9.05 11.05 Collateral Custodian Removal 102 159 Section 9.06 11.06 Limitation on Liability 102 160 Section 9.07 11.07 Collateral Custodian Resignation 104 161 Section 9.08 11.08 Release of Documents 104 162 Section 9.09 11.09 Return of Required Loan Asset Files 105 Documents 162 Section 9.10 11.10 Access to Certain Documentation and Information Regarding the Collateral; Audits of Portfolio Asset Servicer 105 Collateral 163 Section 9.11 11.11 Bailment 106 163 Section 9.12 Indemnification of the Collateral Custodian 106 ARTICLE X. INDEMNIFICATION 106 Section 10.01 Indemnities by the Borrower 106 Section 10.02 Legal Proceedings 107 ARTICLE XI. MISCELLANEOUS 108 Section 11.01 12.01 Amendments and Waivers 108 163 Section 11.02 12.02 Notices, Etc 108 Etc. 164 Section 11.03 12.03 No Waiver Waiver; Remedies 109 166 Section 11.04 12.04 Binding Effect; Assignability; Multiple Lenders 109 166 Section 11.05 12.05 Term of This Agreement 110 168 Section 11.06 12.06 GOVERNING LAW; JURY WAIVER 110 168 Section 11.07 12.07 Costs, Expenses and Taxes 110 169 Section 11.08 12.08 Further Assurances 170 Section 12.09 Recourse Against Certain Parties; Non-Petition 111 Parties 170 Section 11.09 12.10 Execution in Counterparts; Severability; Integration 112 170 Section 11.10 Consent 12.11 Characterization of Conveyances Pursuant to Jurisdiction; Service each Purchase and Sale Agreement 171 Section 12.12 Confidentiality 172 Section 12.13 Waiver of Process 112 Set Off 174 Section 11.11 Confidentiality 113 12.14 Headings and Exhibits 174 Section 11.12 12.15 Ratable Payments 174 Section 12.16 Failure of any Loan Party or Servicer to Perform Certain Obligations 174 Section 12.17 Power of Attorney 174 Section 12.18 Delivery of Termination Statements, Releases, etc. 174 Section 12.19 Non-Confidentiality 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 Treatment 114Compliance 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 Borrower (as defined below);

Collateral Custodian. 98 Section 9.01 Designation of Collateral Custodian 98 134 Section 9.02 11.02 Duties of Collateral Custodian 99 134 Section 9.03 11.03 Merger or Consolidation 101 137 Section 9.04 11.04 Collateral Custodian Compensation 101 137 Section 9.05 11.05 Collateral Custodian Removal 102 138 Section 9.06 11.06 Limitation on Liability 102 138 Section 9.07 11.07 Collateral Custodian Resignation 104 140 Section 9.08 11.08 Release of Documents 104 140 Section 9.09 11.09 Return of Required Loan Asset Files 105 Documents 141 Section 9.10 11.10 Access to Certain Documentation and Information Regarding the Collateral; Audits Collateral 141 Section 11.11 Agent of Portfolio Asset Servicer 105 the Collateral Agent 142 Section 9.11 Bailment 106 Section 9.12 11.12 Indemnification of the Collateral Custodian 106 ARTICLE X. INDEMNIFICATION 106 142 Section 10.01 Indemnities by the Borrower 106 Section 10.02 Legal Proceedings 107 ARTICLE XI. MISCELLANEOUS 108 Section 11.01 12.01 Amendments and Waivers 108 142 Section 11.02 12.02 Notices, Etc 108 Etc. 143 Section 11.03 12.03 No Waiver Waiver; Remedies 109 145 Section 11.04 12.04 Binding Effect; Assignability; Multiple Lenders 109 145 Section 11.05 12.05 Term of This Agreement 110 147 Section 11.06 12.06 GOVERNING LAW; JURY WAIVER 110 147 Section 11.07 12.07 Costs, Expenses and Taxes 110 148 Section 11.08 12.08 Further Assurances 149 Section 12.09 Recourse Against Certain Parties; Non-Petition 111 Parties 149 Section 11.09 12.10 Execution in Counterparts; Severability; Integration 112 150 Section 11.10 Consent 12.11 Characterization of Conveyances Pursuant to Jurisdiction; Service the Purchase and Sale Agreement 150 Section 12.12 Confidentiality 151 Section 12.13 Waiver of Process 112 Set Off 152 Section 11.11 Confidentiality 113 12.14 Headings and Exhibits 152 Section 11.12 12.15 Ratable Payments 152 Section 12.16 Failure of Borrower or Servicer to Perform Certain Obligations 153 Section 12.17 Power of Attorney 153 Section 12.18 Delivery of Termination Statements, Releases, etc. 153 Section 12.19 Non-Confidentiality of Tax Treatment 114Petition 153

Collateral Custodian. 98 Section 9.01 Designation of Collateral Custodian 98 132 Section 9.02 11.02 Duties of Collateral Custodian 99 132 Section 9.03 11.03 Merger or Consolidation 101 134 Section 9.04 11.04 Collateral Custodian Compensation 101 135 Section 9.05 11.05 Collateral Custodian Removal 102 135 Section 9.06 11.06 Limitation on Liability 102 135 Section 9.07 11.07 Collateral Custodian Resignation 104 136 Section 9.08 11.08 Release of Documents 104 137 Section 9.09 11.09 Return of Required Loan Asset Files 105 Documents 138 Section 9.10 11.10 Access to Certain Documentation and Information Regarding the CollateralCollateral Portfolio; Audits of Portfolio Asset Servicer 105 Section 9.11 Bailment 106 Section 9.12 Indemnification of the Collateral Custodian 106 ARTICLE X. INDEMNIFICATION 106 Section 10.01 Indemnities by Due Diligence on the Borrower 106 Advisors 138 Section 10.02 Legal Proceedings 107 ARTICLE XI. MISCELLANEOUS 108 11.11 Bailment 138 Section 11.01 12.01 Amendments and Waivers 108 139 Section 11.02 12.02 Notices, Etc 108 Etc. 140 Section 11.03 12.03 No Waiver Waiver; Remedies 109 140 Section 11.04 12.04 Binding Effect; Assignability; Multiple Lenders 109 141 Section 11.05 12.05 Term of This Agreement 110 142 Section 11.06 12.06 GOVERNING LAW; JURY WAIVER 110 142 Section 11.07 12.07 Costs, Expenses and Taxes 110 143 Section 11.08 12.08 No Proceedings 144 Section 12.09 Recourse Against Certain Parties; Non-Petition 111 Parties 144 Section 11.09 12.10 Execution in Counterparts; Severability; Integration 112 146 Section 11.10 12.11 Consent to Jurisdiction; Service of Process 112 146 Section 11.11 12.12 Characterization of Conveyances Pursuant to the Purchase and Sale Agreement 146 Section 12.13 Confidentiality 113 148 Section 11.12 12.14 Non-Confidentiality of Tax Treatment 114149 Section 12.15 Waiver of Set Off 149 Section 12.16 Headings and Exhibits 149 Section 12.17 Ratable Payments 150 Section 12.18 Failure of Borrower or Collateral Manager to Perform Certain Obligations 150 Section 12.19 Power of Attorney 150 Section 12.20 Permitted Equityholder Transaction 150 Section 12.21 Limitation on Liability 151 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. 98 Section 9.01 11.01 Designation of Collateral Custodian 98 153 Section 9.02 11.02 Duties of Collateral Custodian 99 153 Section 9.03 11.03 Merger or Consolidation 101 156 Section 9.04 11.04 Collateral Custodian Compensation 101 156 Section 9.05 11.05 Collateral Custodian Removal 102 157 Section 9.06 11.06 Limitation on Liability 102 157 Section 9.07 11.07 Collateral Custodian Resignation 104 158 Section 9.08 11.08 Release of Documents 104 159 Section 9.09 11.09 Return of Required Loan Asset Files 105 Documents 159 Section 9.10 11.10 Access to Certain Documentation and Information Regarding the Collateral; Audits of Portfolio Asset Servicer 105 Collateral 160 Section 9.11 11.11 Bailment 106 160 Section 9.12 Indemnification of the Collateral Custodian 106 ARTICLE X. INDEMNIFICATION 106 Section 10.01 Indemnities by the Borrower 106 Section 10.02 Legal Proceedings 107 ARTICLE XI. MISCELLANEOUS 108 Section 11.01 12.01 Amendments and Waivers 108 160 Section 11.02 12.02 Notices, Etc 108 Etc. 161 Section 11.03 12.03 No Waiver Waiver; Remedies 109 163 Section 11.04 12.04 Binding Effect; Assignability; Multiple Lenders 109 164 Section 11.05 12.05 Term of This Agreement 110 165 Section 11.06 12.06 GOVERNING LAW; JURY WAIVER 110 165 Section 11.07 12.07 Costs, Expenses and Taxes 110 166 Section 11.08 12.08 Further Assurances 167 Section 12.09 Recourse Against Certain Parties; Non-Petition 111 Parties 167 Section 11.09 12.10 Execution in Counterparts; Severability; Integration 112 168 Section 11.10 Consent 12.11 Characterization of Conveyances Pursuant to Jurisdiction; Service each Purchase and Sale Agreement 168 Section 12.12 Confidentiality 169 Section 12.13 Waiver of Process 112 Set Off 171 Section 11.11 Confidentiality 113 12.14 Headings and Exhibits 171 Section 11.12 12.15 Ratable Payments 171 Section 12.16 Failure of any Loan Party or Servicer to Perform Certain Obligations 171 Section 12.17 Power of Attorney 171 Section 12.18 Delivery of Termination Statements, Releases, etc. 172 Section 12.19 Non-Confidentiality of Tax Treatment 114Petition 172

Collateral Custodian. 98 Section 9.01 Designation of Collateral Custodian 98 160 Section 9.02 11.02 Duties of Collateral Custodian 99 161 Section 9.03 11.03 Merger or Consolidation 101 163 Section 9.04 11.04 Collateral Custodian Compensation 101 163 Section 9.05 11.05 Collateral Custodian Removal 102 164 Section 9.06 11.06 Limitation on Liability 102 164 Section 9.07 11.07 Collateral Custodian Resignation 104 165 Section 9.08 11.08 Release of Documents 104 165 Section 9.09 11.09 Return of Required Loan Asset Files 105 Documents 166 Section 9.10 11.10 Access to Certain Documentation and Information Regarding the Collateral; Audits of Portfolio Asset Servicer 105 Collateral 166 Section 9.11 11.11 Bailment 106 167 Section 9.12 Indemnification of the Collateral Custodian 106 ARTICLE X. INDEMNIFICATION 106 Section 10.01 Indemnities by the Borrower 106 Section 10.02 Legal Proceedings 107 ARTICLE XI. MISCELLANEOUS 108 Section 11.01 12.01 Amendments and Waivers 108 167 Section 11.02 12.02 Notices, Etc 108 Etc. 168 Section 11.03 12.03 No Waiver Waiver; Remedies 109 170 Section 11.04 12.04 Binding Effect; Assignability; Multiple Lenders 109 170 Section 11.05 12.05 Term of This Agreement 110 171 Section 11.06 12.06 GOVERNING LAW; JURY WAIVER 110 171 Section 11.07 12.07 Costs, Expenses and Taxes 110 173 Section 11.08 12.08 Further Assurances 173 Section 12.09 Recourse Against Certain Parties; Non-Petition 111 Parties 173 Section 11.09 12.10 Execution in Counterparts; Severability; Integration 112 174 Section 11.10 12.11 Characterization of Conveyances Pursuant to the Purchase and Sale Agreement 174 Section 12.12 Confidentiality 175 Section 12.13 Waiver of Set Off 177 Section 12.14 Headings and Exhibits 177 Section 12.15 Ratable Payments 177 Section 12.16 Failure of Borrower or Servicer to Perform Certain Obligations 177 Section 12.17 Power of Attorney 177 Section 12.18 Delivery of Termination Statements, Releases, etc. 178 Section 12.19 Non-Petition 178 Section 12.20 Acknowledgment and Consent to Jurisdiction; Service Bail-In of Process 112 Affected Financial Institutions 179 Section 11.11 Confidentiality 113 Section 11.12 Non-Confidentiality 12.21 Return of Tax Treatment 114Certain Payments 179

Collateral Custodian. 98 Section 9.01 Designation of Collateral Custodian 98 180 Section 9.02 11.02 Duties of Collateral Custodian 99 181 Section 9.03 11.03 Merger or Consolidation 101 183 Section 9.04 11.04 Collateral Custodian Compensation 101 184 Section 9.05 11.05 Collateral Custodian Removal 102 184 Section 9.06 11.06 Limitation on Liability 102 184 Section 9.07 11.07 Collateral Custodian Resignation 104 185 Section 9.08 11.08 Release of Documents 104 186 Section 9.09 11.09 Return of Required Loan Asset Files 105 Documents 186 Section 9.10 11.10 Access to Certain Documentation and Information Regarding the Collateral; Audits of Portfolio Asset Servicer 105 Collateral 187 Section 9.11 11.11 Bailment 106 187 Section 9.12 Indemnification of the Collateral Custodian 106 ARTICLE X. INDEMNIFICATION 106 Section 10.01 Indemnities by the Borrower 106 Section 10.02 Legal Proceedings 107 ARTICLE XI. MISCELLANEOUS 108 Section 11.01 12.01 Amendments and Waivers 108 187 Section 11.02 12.02 Notices, Etc 108 Etc. 188 Section 11.03 12.03 No Waiver Waiver; Remedies 109 191 Section 11.04 12.04 Binding Effect; Assignability; Multiple Lenders 109 191 Section 11.05 12.05 Term of This Agreement 110 192 Section 11.06 12.06 GOVERNING LAW; JURY WAIVER 110 193 Section 11.07 12.07 Costs, Expenses and Taxes 110 194 Section 11.08 12.08 Further Assurances 195 Section 12.09 Recourse Against Certain Parties; Non-Petition 111 Parties 195 Section 11.09 12.10 Execution in Counterparts; Severability; Integration 112 196 Section 11.10 12.11 Characterization of Conveyances Pursuant to the Purchase and Sale Agreement 196 Section 12.12 Confidentiality 197 Section 12.13 Waiver of Set Off 199 Section 12.14 Headings and Exhibits 199 Section 12.15 Ratable Payments 199 Section 12.16 Failure of Borrower or Servicer to Perform Certain Obligations 199 Section 12.17 Power of Attorney 199 Section 12.18 Delivery of Termination Statements, Releases, etc. 199 Section 12.19 Non-Petition 200 Section 12.20 Acknowledgment and Consent to Jurisdiction; Service Bail-In of Process 112 Affected Financial Institutions 200 Section 11.11 Confidentiality 113 Section 11.12 Non-Confidentiality 12.21 Return of Tax Treatment 114Certain Payments 201

Collateral Custodian. 98 Section 9.01 11.01 Designation of Collateral Custodian 98 120 Section 9.02 11.02 Duties of Collateral Custodian 99 121 Section 9.03 11.03 Merger or Consolidation 101 123 Section 9.04 11.04 Collateral Custodian Compensation 101 123 Section 9.05 11.05 Collateral Custodian Removal 102 123 Section 9.06 11.06 Limitation on Liability 102 124 Section 9.07 11.07 Collateral Custodian Resignation 104 125 Section 9.08 11.08 Release of Documents 104 125 Section 9.09 11.09 Return of Required Loan Asset Files 105 Documents 126 Section 9.10 11.10 Access to Certain Documentation and Information Regarding the CollateralCollateral Portfolio; Audits of Portfolio Asset Servicer 105 Section 9.11 Bailment 106 Section 9.12 Indemnification of the Collateral Custodian 106 ARTICLE X. INDEMNIFICATION 106 Section 10.01 Indemnities by Due Diligence on the Borrower 106 Advisors 126 Section 10.02 Legal Proceedings 107 ARTICLE XI. MISCELLANEOUS 108 11.11 Bailment 127 Section 11.01 12.01 Amendments and Waivers 108 127 Section 11.02 12.02 Notices, Etc 108 129 Section 11.03 12.03 No Waiver Waiver; Remedies 109 129 Section 11.04 12.04 Binding Effect; Assignability; Multiple Lenders 109 129 Section 11.05 12.05 Term of This Agreement 110 130 Section 11.06 12.06 GOVERNING LAW; JURY WAIVER 110 130 Section 11.07 12.07 Costs, Expenses and Taxes 110 131 Section 11.08 12.08 No Proceedings 131 Section 12.09 Recourse Against Certain Parties; Non-Petition 111 Parties 132 Section 11.09 12.10 Execution in Counterparts; Severability; Integration 112 134 Section 11.10 12.11 Consent to Jurisdiction; Service of Process 112 134 Section 11.11 12.12 Characterization of Conveyances Pursuant to the Purchase and Sale Agreement 134 Section 12.13 Confidentiality 113 136 Section 11.12 12.14 Non-Confidentiality of Tax Treatment 114137 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