SRT Financing Facility definition
SRT Financing Facility means that certain Unsecured Revolving Credit Agreement, dated as of December 9, 2024, by and among SUNS, as borrower, the lenders party thereto and SRT Finance LLC, as agent and lender, as amended, restated or otherwise modified from time to time.
SRT Financing Facility means that certain Unsecured Revolving Credit Agreement, dated as of December 9, 2024, by and among SUNS, as borrower, the lenders party thereto and SRT Finance LLC, as agent and lender, as amended, restated or otherwise modified from time to time. “SRTH” means Southern Realty Trust Holdings LLC, a Delaware limited liability company. “SRTH Loan Agreement” means any loan agreement or other financing arrangement whereby Agent and any other lenders party thereto have agreed to provide financial accommodations to SRTH. “SRTH Pro Rata Hold” means SRTH’s pro rata interest as a lender in the unfunded commitments and outstanding loans in any Obligor Loan Receivable. “Subsidiary” of a Person means a corporation, partnership, limited liability company, or other entity in which that Person directly or indirectly owns or controls the Equity Interests having ordinary voting power to elect a majority of the Board of Directors of such corporation, partnership, limited liability company, or other entity. “SUNS” has the meaning specified therefor in the preamble to this Agreement. “SUNS Holdings I” has the meaning specified therefor in the preamble to this Agreement. “Supermajority Lenders” means, at any time, Lenders having or holding more than 66 2/3% of the aggregate Advance Exposure of all Lenders; provided, that (i) the Advance Exposure of any Defaulting Lender shall be disregarded in the determination of the Supermajority Lenders, and (ii) at any time there are two or more Lenders (who are not Affiliates of one another), “Supermajority Lenders” must include at least two Lenders (who are not Affiliates of one another or Defaulting Lenders). “Supported QFC” has the meaning specified therefor in Section 18.13 of this Agreement. - 34 – BN 88856835v9