AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT dated as of March 5, 2021 among GOLDMAN SACHS PRIVATE MIDDLE MARKET CREDIT II SPV II LLC The Lenders Party Hereto, The Collateral Administrator, Collateral Agent and Securities Intermediary Party Hereto...Loan and Security Agreement • March 9th, 2021 • Goldman Sachs Private Middle Market Credit II LLC • New York
The interest rate on an Advance may be derived from an interest rate benchmark that is, or may in the future become, the subject of regulatory reform. Regulators have signaled the need to use alternative benchmark reference rates for some of these interest rate benchmarks and, as a result, such interest rate benchmarks may cease to comply with applicable laws and regulations, may be permanently discontinued, and/or the basis on which they are calculated may change. The London interbank offered rate is intended to represent the rate at which contributing banks may obtain short-term borrowings from each other in the London interbank market. In July 2017, the U.K. Financial Conduct Authority announced that, after the end of 2021, it would no longer persuade or compel contributing banks to make rate submissions to the ICE Benchmark Administrator (together with any successor to the ICE Benchmark Administrator, the “IBA”) for purposes of the IBA setting the London interbank offered rate. As
