AMENDMENT NO. 1 TO CREDIT, SECURITY AND MANAGEMENT AGREEMENTCredit, Security and Management Agreement • February 29th, 2012 • Saratoga Investment Corp. • New York
THIS CREDIT, SECURITY AND MANAGEMENT AGREEMENT is made as of July 30, 2010 and restated as of February 24, 2012 (this “Agreement” or this “Credit Agreement”, as amended, modified, supplemented or restated from time to time), among SARATOGA INVESTMENT FUNDING LLC, a Delaware limited liability company (f/k/a GSC Investment Funding LLC), as borrower (the “Borrower”), SARATOGA INVESTMENT CORP., a Maryland corporation (f/k/a GSC Investment Corp.), as Performance Guarantor (the “Performance Guarantor”), SARATOGA INVESTMENT ADVISORS, LLC, a Delaware limited liability company, as Manager (the “Manager”), each financial institution from time to time party hereto as a “Lender” and their respective successors and assigns (collectively, the “Lenders”), MADISON CAPITAL FUNDING LLC, as “Administrative Agent” and its respective successors and assigns (the “Administrative Agent”), and U.S. BANK NATIONAL ASSOCIATION, a national banking association (“U.S. Bank”), not in its individual capacity, but sole
