{"component": "definition", "props": {"groups": [{"snippet": "means a Subsidiary classified as a partnership or as a disregarded entity for U.S. federal income tax purposes directly or indirectly owned by an Obligor that has no material assets other than Equity Interests (held directly or indirectly through other Transparent Subsidiaries) in one or more CFCs.", "snippet_links": [{"key": "disregarded-entity", "type": "definition", "offset": [55, 73]}, {"key": "for-us", "type": "clause", "offset": [74, 81]}, {"key": "federal-income-tax-purposes", "type": "clause", "offset": [83, 110]}, {"key": "directly-or-indirectly", "type": "clause", "offset": [111, 133]}, {"key": "owned-by", "type": "definition", "offset": [134, 142]}, {"key": "an-obligor", "type": "clause", "offset": [143, 153]}, {"key": "material-assets", "type": "definition", "offset": [166, 181]}, {"key": "equity-interests", "type": "definition", "offset": [193, 209]}], "samples": [{"hash": "fq03N55c136", "uri": "/contracts/fq03N55c136#transparent-subsidiary", "label": "Senior Secured Credit Agreement (Barings BDC, Inc.)", "score": 36.8767967224, "published": true}, {"hash": "4ICLYu7oSER", "uri": "/contracts/4ICLYu7oSER#transparent-subsidiary", "label": "Senior Secured Revolving Credit Agreement (Vista Credit Strategic Lending Corp.)", "score": 36.6906242371, "published": true}, {"hash": "1emU1ia3DVn", "uri": "/contracts/1emU1ia3DVn#transparent-subsidiary", "label": "Senior Secured Revolving Credit Agreement (Oaktree Specialty Lending Corp)", "score": 36.274471283, "published": true}], "size": 69, "hash": "02c7849cfe9688194622bd9e73fbaa0d", "id": 1}, {"snippet": "means an entity classified as a partnership or as a disregarded entity for U.S. federal income tax purposes directly or indirectly owned by an Obligor that has no material assets other than Equity Interests (held directly or indirectly through other Transparent Subsidiaries) in one or more CFCs.", "snippet_links": [{"key": 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"uri": "/contracts/cqdA6UVap8n#transparent-subsidiary", "label": "Senior Secured Revolving Credit Agreement (Lafayette Square USA, Inc.)", "score": 35.4804916382, "published": true}], "size": 28, "hash": "6c90415a78e847b6683155547f647cc9", "id": 2}, {"snippet": "or \u201cImmaterial Subsidiary\u201d, as applicable, for any purpose of this Agreement or any other Loan Document.", "snippet_links": [{"key": "immaterial-subsidiary", "type": "clause", "offset": [4, 25]}, {"key": "agreement-or", "type": "definition", "offset": [67, 79]}, {"key": "loan-document", "type": "definition", "offset": [90, 103]}], "samples": [{"hash": "9DXkepctjxe", "uri": "/contracts/9DXkepctjxe#transparent-subsidiary", "label": "Senior Secured Revolving Credit Agreement (Oaktree Strategic Credit Fund)", "score": 36.2881584167, "published": true}, {"hash": "1emU1ia3DVn", "uri": "/contracts/1emU1ia3DVn#transparent-subsidiary", "label": "Senior Secured Revolving Credit Agreement (Oaktree Specialty Lending Corp)", 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{"key": "agreement-or", "type": "definition", "offset": [277, 289]}, {"key": "loan-document", "type": "definition", "offset": [300, 313]}], "samples": [{"hash": "1emU1ia3DVn", "uri": "/contracts/1emU1ia3DVn#transparent-subsidiary", "label": "Senior Secured Revolving Credit Agreement (Oaktree Specialty Lending Corp)", "score": 36.274471283, "published": true}, {"hash": "aNkTmoYBA57", "uri": "/contracts/aNkTmoYBA57#transparent-subsidiary", "label": "Senior Secured Revolving Credit Agreement (Oaktree Specialty Lending Corp)", "score": 34.4811782837, "published": true}, {"hash": "9uEzrDBReNr", "uri": "/contracts/9uEzrDBReNr#transparent-subsidiary", "label": "Senior Secured Revolving Credit Agreement (Oaktree Strategic Credit Fund)", "score": 33.2436676025, "published": true}], "size": 10, "hash": "8db4c02384344e740bf5ad88654ff2fa", "id": 4}, {"snippet": "any Subsidiary of the Borrower that (1) is a disregarded entity or partnership for U.S. federal income tax purposes, (2) owns an interest in one or more 956 Subsidiaries directly or indirectly through other Transparent Subsidiaries (its \u201cCFC Interest\u201d), (3) has no operating assets, (4) holds no more than de minimis assets in addition to its CFC Interest and (5) is not a De Minimis Subsidiary, which, if it guaranteed the Obligations, would result in deemed dividends to the Borrower or its owners pursuant to Section 956 of the Code.", "snippet_links": [{"key": "of-the-borrower", "type": "clause", "offset": [15, 30]}, {"key": "disregarded-entity", "type": "definition", "offset": [45, 63]}, {"key": "for-us", "type": "clause", "offset": [79, 86]}, {"key": "federal-income-tax-purposes", "type": "clause", "offset": [88, 115]}, {"key": "an-interest", "type": "clause", "offset": [126, 137]}, {"key": "directly-or-indirectly", "type": "clause", "offset": [170, 192]}, {"key": "operating-assets", "type": "clause", "offset": [265, 281]}, {"key": "de-minimis-assets", "type": "definition", "offset": [306, 323]}, {"key": "in-addition-to", "type": "clause", "offset": [324, 338]}, {"key": "de-minimis-subsidiary", "type": "definition", "offset": [373, 394]}, {"key": "the-obligations", "type": "clause", "offset": [420, 435]}, {"key": "to-the-borrower", "type": "definition", "offset": [470, 485]}, {"key": "pursuant-to-section", "type": "clause", "offset": [500, 519]}, {"key": "the-code", "type": "clause", "offset": [527, 535]}], "samples": [{"hash": "5PdOFAZkjr6", "uri": "/contracts/5PdOFAZkjr6#transparent-subsidiary", "label": "First Lien Credit Agreement (Chrysler Group LLC)", "score": 22.3114299774, "published": true}, {"hash": "3dXLjk9C2e8", "uri": "/contracts/3dXLjk9C2e8#transparent-subsidiary", "label": "First Lien Credit Agreement (Chrysler Group LLC)", "score": 22.226556778, "published": true}, {"hash": "1nNsaFDNfyI", "uri": "/contracts/1nNsaFDNfyI#transparent-subsidiary", "label": "First Lien Credit Agreement", "score": 19.1286563873, "published": true}], "size": 3, "hash": "e195003f94d72218825d7c2b5afb1680", "id": 5}, {"snippet": "means any Subsidiary of the Company that (a) is a disregarded entity or partnership for US federal income tax purposes, (b) owns an interest in one or more 956 Subsidiaries directly or indirectly through other Transparent Subsidiaries (its \u201cCFC Interest\u201d), (3) has no operating assets, (4) holds no more than de minimis assets in addition to its CFC Interest and (5) is not a De Minimis Subsidiary, which, if it guaranteed the Obligations, would result in deemed dividends to the Company or its owners pursuant to Section 956 of the Code. 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"type": "clause", "offset": [529, 537]}, {"key": "for-the-avoidance-of-doubt", "type": "clause", "offset": [539, 565]}, {"key": "subsidiary-shall", "type": "definition", "offset": [573, 589]}], "samples": [{"hash": "2fT5JsuEtMo", "uri": "/contracts/2fT5JsuEtMo#transparent-subsidiary", "label": "Term Loan Credit Agreement (Chrysler Group LLC)", "score": 25.1122512817, "published": true}, {"hash": "d6fKRadR0cL", "uri": "/contracts/d6fKRadR0cL#transparent-subsidiary", "label": "Credit Agreement (Chrysler Group LLC)", "score": 24.4688568115, "published": true}, {"hash": "5hP5mnnDJdA", "uri": "/contracts/5hP5mnnDJdA#transparent-subsidiary", "label": "Credit Agreement (Chrysler Group LLC)", "score": 22.3908290863, "published": true}], "size": 3, "hash": "41dd436d512afd634d6860392d9a84bc", "id": 6}, {"snippet": "or \u201cImmaterial Subsidiary\u201d, respectively, pursuant to the definition thereof, and thereafter such Person shall no longer constitute a \u201cStructured", "snippet_links": [{"key": "immaterial-subsidiary", "type": "clause", "offset": [4, 25]}, {"key": "the-definition", "type": "definition", "offset": [54, 68]}], "samples": [{"hash": "jQNyS8KKoEO", "uri": "/contracts/jQNyS8KKoEO#transparent-subsidiary", "label": "Senior Secured Revolving Credit Agreement (Barings BDC, Inc.)", "score": 33.847366333, "published": true}, {"hash": "ek4QaUmqUgF", "uri": "/contracts/ek4QaUmqUgF#transparent-subsidiary", "label": "Senior Secured Revolving Credit Agreement (Barings Capital Investment Corp)", "score": 33.847366333, "published": true}], "size": 2, "hash": "af124971c854bf671ce3d4322ae2a39b", "id": 7}, {"snippet": "means a Subsidiary classified as a partnership or as a disregarded entity for U.S. federal income tax purposes directly or indirectly owned by an Obligor that has no material assets other than Equity Interests (held directly or indirectly through other Transparent Subsidiaries) in one or more CFCs. \u201cTwo Largest Industry Classification Groups\u201d means, as of any date of determination, each of the two Industry Classification Groups that a greater portion of the Total Eligible Portfolio has been assigned to each such Industry Classification Group pursuant to Section 5.12(a) than any other single Industry Classification Group. \u201cType\u201d, when used in reference to any Loan or Borrowing, refers to whether the rate of interest on such Loan, or on the Loans constituting such Borrowing, is determined by reference to the Adjusted Eurocurrency Rate, Adjusted Term SOFR, Adjusted Daily Simple RFR or the Alternate Base Rate. \u201cUndisclosed Administration\u201d means, in relation to a Lender or its direct or indirect parent company, the appointment of an administrator, provisional liquidator, conservator, receiver, trustee, custodian or other similar official by a supervisory authority or regulator under or based on the law in the country where such Lender or its direct or indirect parent company is subject to home jurisdiction supervision if applicable law requires that such appointment is not to be publicly disclosed and such appointment has not been publicly disclosed (including, without limitation, under the Dutch Financial Supervision Act 2007 (as amended from time to time and including any successor legislation)). \u201cUniform Commercial Code\u201d or \u201cUCC\u201d means the Uniform Commercial Code as in effect from time to time in the State of New York. \u201cUK Financial Institution\u201d means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms. \u201cUK Resolution Authority\u201d means the Bank of England or any other public administrative authority having responsibility for the resolution of any UK Financial Institution. 51", "snippet_links": [{"key": "disregarded-entity", "type": "definition", "offset": [55, 73]}, {"key": "for-us", "type": "clause", "offset": [74, 81]}, {"key": "federal-income-tax-purposes", "type": "clause", "offset": [83, 110]}, {"key": "directly-or-indirectly", "type": "clause", "offset": [111, 133]}, {"key": "owned-by", "type": "definition", "offset": [134, 142]}, {"key": "an-obligor", "type": "clause", "offset": [143, 153]}, {"key": "material-assets", "type": "definition", "offset": [166, 181]}, {"key": "equity-interests", "type": "definition", "offset": [193, 209]}, {"key": "two-largest-industry-classification-groups", "type": "definition", "offset": [301, 343]}, {"key": "date-of-determination", "type": "clause", "offset": [362, 383]}, {"key": "total-eligible-portfolio", "type": "definition", "offset": [462, 486]}, {"key": "pursuant-to-section", "type": "clause", "offset": [548, 567]}, {"key": "reference-to", "type": "clause", "offset": [650, 662]}, {"key": "any-loan", "type": "clause", "offset": [663, 671]}, {"key": "interest-on", "type": "clause", "offset": [716, 727]}, {"key": "the-loans", "type": "clause", "offset": [745, 754]}, {"key": "by-reference", "type": "clause", "offset": [798, 810]}, {"key": "adjusted-eurocurrency-rate", "type": "definition", "offset": [818, 844]}, {"key": "adjusted-term-sofr", "type": "definition", "offset": [846, 864]}, {"key": "adjusted-daily-simple-rfr", "type": "definition", "offset": [866, 891]}, {"key": "alternate-base-rate", "type": "definition", "offset": [899, 918]}, {"key": "undisclosed-administration", "type": "definition", "offset": [921, 947]}, {"key": "in-relation-to", "type": "clause", "offset": [956, 970]}, {"key": "a-lender", "type": "definition", "offset": [971, 979]}, {"key": "parent-company", "type": "definition", "offset": [1006, 1020]}, {"key": "appointment-of-an-administrator", "type": "clause", "offset": [1026, 1057]}, {"key": "provisional-liquidator", "type": "definition", "offset": [1059, 1081]}, {"key": "supervisory-authority", "type": "definition", "offset": [1156, 1177]}, {"key": "based-on", "type": "clause", "offset": [1200, 1208]}, {"key": "the-law", "type": "clause", "offset": [1209, 1216]}, {"key": "the-country", "type": "definition", "offset": [1220, 1231]}, {"key": "subject-to", "type": "clause", "offset": [1294, 1304]}, {"key": "home-jurisdiction", "type": "definition", "offset": [1305, 1322]}, {"key": "applicable-law", "type": "definition", "offset": [1338, 1352]}, {"key": "publicly-disclosed", "type": "definition", "offset": [1397, 1415]}, {"key": "without-limitation", "type": "clause", "offset": [1481, 1499]}, {"key": "dutch-financial-supervision-act", "type": "definition", "offset": [1511, 1542]}, {"key": "as-amended", "type": "definition", "offset": [1549, 1559]}, {"key": "from-time-to-time", "type": "clause", "offset": [1560, 1577]}, {"key": "successor-legislation", "type": "clause", "offset": [1596, 1617]}, {"key": "uniform-commercial-code", "type": "clause", "offset": [1622, 1645]}, {"key": "in-effect", "type": "definition", "offset": [1693, 1702]}, {"key": "state-of-new-york", "type": "definition", "offset": [1728, 1745]}, {"key": "uk-financial-institution", "type": "definition", "offset": [1748, 1772]}, {"key": "brrd-undertaking", "type": "definition", "offset": [1784, 1800]}, {"key": "pra-rulebook", "type": "definition", "offset": [1836, 1848]}, {"key": "the-united-kingdom", "type": "clause", "offset": [1895, 1913]}, {"key": "prudential-regulation-authority", "type": "definition", "offset": [1914, 1945]}, {"key": "any-person", "type": "clause", "offset": [1950, 1960]}, {"key": "fca-handbook", "type": "definition", "offset": [1994, 2006]}, {"key": "financial-conduct-authority", "type": "definition", "offset": [2072, 2099]}, {"key": "certain-affiliates", "type": "clause", "offset": [2170, 2188]}, {"key": "uk-resolution-authority", "type": "definition", "offset": [2239, 2262]}, {"key": "bank-of-england", "type": "definition", "offset": [2274, 2289]}, {"key": "administrative-authority", "type": "definition", "offset": [2310, 2334]}, {"key": "responsibility-for", "type": "clause", "offset": [2342, 2360]}], "samples": [{"hash": "kwYLQPA1L33", "uri": "/contracts/kwYLQPA1L33#transparent-subsidiary", "label": "Senior Secured Revolving Credit Agreement (Barings BDC, Inc.)", "score": 32.5982208252, "published": true}], "size": 2, "hash": "7388fd089a5b24b77d995020fd54b903", "id": 8}, {"snippet": "means any Subsidiary of the Borrower designated in writing by the Borrower as a Transparent Subsidiary, so long as such Subsidiary is directly or indirectly owned by an Obligor and has no material assets other than Equity Interests (held directly or indirectly through other Transparent Subsidiaries) in one or more CFCs. \u201cTwo Largest Industry Classification Groups\u201d means, as of any date of determination, each of the two Industry Classification Groups that a greater portion of the Borrowing Base has been assigned to each such Industry Classification Group pursuant to Section 5.12(a) than any other single Industry Classification Group. \u201cType\u201d, when used in reference to any Loan or Borrowing, refers to whether the rate of interest on such Loan, or on the Loans constituting such Borrowing, is determined by reference to SOFR, CORRA, the Alternate Base Rate, EURIBO Screen Rate, AUD Bank Bill Reference Rate, Daily Simple RFR or such other interest rate agreed by each Lender and the Borrower at the time an Agreed Foreign Currency is consented to in accordance with the definition thereof. \u201cUK Financial Institution\u201d means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from 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"reference-to", "type": "clause", "offset": [662, 674]}, {"key": "any-loan", "type": "clause", "offset": [675, 683]}, {"key": "interest-on", "type": "clause", "offset": [728, 739]}, {"key": "the-loans", "type": "clause", "offset": [757, 766]}, {"key": "by-reference", "type": "clause", "offset": [810, 822]}, {"key": "alternate-base-rate", "type": "definition", "offset": [843, 862]}, {"key": "euribo-screen-rate", "type": "definition", "offset": [864, 882]}, {"key": "aud-bank-bill-reference-rate", "type": "definition", "offset": [884, 912]}, {"key": "daily-simple-rfr", "type": "definition", "offset": [914, 930]}, {"key": "interest-rate", "type": "definition", "offset": [945, 958]}, {"key": "agreed-by", "type": "clause", "offset": [959, 968]}, {"key": "each-lender", "type": "clause", "offset": [969, 980]}, {"key": "at-the-time", "type": "definition", "offset": [998, 1009]}, {"key": "agreed-foreign-currency", "type": "definition", "offset": [1013, 1036]}, {"key": "consented-to", "type": 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"offset": [1519, 1537]}, {"key": "uk-resolution-authority", "type": "definition", "offset": [1588, 1611]}, {"key": "bank-of-england", "type": "definition", "offset": [1623, 1638]}, {"key": "administrative-authority", "type": "definition", "offset": [1659, 1683]}, {"key": "responsibility-for", "type": "clause", "offset": [1691, 1709]}, {"key": "undisclosed-administration", "type": "definition", "offset": [1759, 1785]}, {"key": "in-relation-to", "type": "clause", "offset": [1794, 1808]}, {"key": "a-lender", "type": "definition", "offset": [1809, 1817]}, {"key": "parent-company", "type": "definition", "offset": [1844, 1858]}, {"key": "appointment-of-an-administrator", "type": "clause", "offset": [1864, 1895]}, {"key": "provisional-liquidator", "type": "definition", "offset": [1897, 1919]}, {"key": "supervisory-authority", "type": "definition", "offset": [1994, 2015]}, {"key": "based-on", "type": "clause", "offset": [2038, 2046]}, {"key": "the-law", "type": "clause", "offset": [2047, 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an Agreed Foreign Currency is consented to in accordance with the definition thereof. \u201cUK Financial Institution\u201d means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms. 46", "snippet_links": [{"key": "of-the-borrower", "type": "clause", "offset": [21, 36]}, {"key": "in-writing", "type": "definition", "offset": [48, 58]}, {"key": "by-the-borrower", "type": "clause", "offset": [59, 74]}, {"key": "directly-or-indirectly", "type": "clause", "offset": [134, 156]}, {"key": "owned-by", "type": "definition", "offset": [157, 165]}, {"key": "an-obligor", "type": "clause", "offset": 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