Grid I Loan definition
Grid I Loan means, as of the related Cut-Off Date, a Large Middle Market Loan Asset (excluding any Large Middle Market Loan Asset that does not contain a Maintenance Covenant) that either (a) satisfies all of the applicable requirements set forth in the definition of “Specified Loan” for a Grid I Loan or (b) has been approved as an Approved Loan that is a Grid I Loan by the Administrative Agent in writing.
Grid I Loan means, as of the related Cut-Off Date, a Large Middle Market Loan Asset that either (a) satisfies all of the applicable requirements set forth in the definition of “Specified Loan” for a Grid I Loan or (b) has been approved as an Approved Loan that is a Grid I Loan by the Administrative Agent in writing.