Common use of Annual Rating Review Clause in Contracts

Annual Rating Review. (a) So long as any of the Secured Debt of any Class remains Outstanding, on or before December 31 in each year commending in 2021, the Issuer shall obtain and pay for an annual review of the rating of each such Class of Secured Debt from the Rating Agency. The Issuer shall promptly notify the Trustee and the Loan Agent and the Collateral Manager in writing (and the Trustee and the Loan Agent, as applicable shall promptly provide the Holders with a copy of such notice) if at any time the then-current rating of any such Class of Secured Debt has been, or is known will be, changed or withdrawn. (b) The Issuer shall obtain and pay for an annual review of any middle market loan that has an S&P Rating derived as set forth in clause (iii)(b) of the definition of the term “S&P Rating”.

Annual Rating Review. (a) So long as any of the Secured Debt of any Class remains Outstanding, on or before December 31 November 15th in each year commending commencing in 20212025, the Issuer shall obtain and pay for an annual review of the rating of each such Class of Secured Debt from the any Rating Agency, as applicable. The Issuer shall promptly notify the Collateral Trustee and the Loan Agent and the Collateral Manager in writing (and the Collateral Trustee and the Loan Agent, as applicable shall promptly provide the Holders with a copy of such notice) if at any time the then-current rating of any such Class of Secured Debt has been, or is known will be, changed or withdrawn. (b) The Issuer shall obtain and pay for an annual review of any middle market loan that Collateral Obligation which has (i) an S&P Rating derived as set forth in clause (iii)(biii)(a) of the part of the definition of the term “S&P Rating”” or (ii) a Fitch Rating derived pursuant to clause (e) of the definition thereof.

Annual Rating Review. (a) So long as any of the Secured Debt of any Class remains remain Outstanding, on or before December 31 in each year commending in 202131, 2024, the Issuer shall obtain request and pay for an annual review of the rating of each such Class of Secured Debt from the Rating Agency. The Issuer shall promptly notify the Trustee and the Loan Agent and the Collateral Manager in writing (and the Trustee and the Loan Agent, as applicable shall each promptly provide the applicable Holders with a copy of such notice) if at any time the Issuer is notified or has actual knowledge that the then-current rating of any such Class of Secured Debt has been, or is known will be, changed or withdrawn. (b) The Issuer shall obtain request and pay for an annual review of any middle market loan Collateral Obligation that has an S&P Rating derived as set forth in clause (iii)(b) of from a credit estimate under the definition thereof both (i) annually and (ii) upon the occurrence of the term “S&P Rating”a Specified Amendment with respect to such Collateral Obligation.

Annual Rating Review. (a) So long as any of the Secured Debt of any Class remains remain Outstanding, on or before December 31 September 17 in each year commending commencing in 20212025, the Issuer Applicable Issuers shall obtain and pay for an annual review of the rating of each such Class of Secured Debt from the Rating Agency. The Issuer Applicable Issuers shall promptly notify the Collateral Trustee and the Loan Agent and the Collateral Manager in writing (and the Collateral Trustee and the Loan Agent, as applicable shall promptly provide the Holders with a copy of such notice) if at any time the then-current rating of any such Class of Secured Debt has been, or is known will be, changed or withdrawn. (b) The Issuer shall obtain and pay for an annual review of any middle market loan that Collateral Obligation which has an S&P Rating derived as set forth in clause (iii)(b) of the definition of the term “"S&P Rating”".

Annual Rating Review. (a) So long as any of the Secured Debt Notes of any Class remains remain Outstanding, on or before December 31 September 25 in each year commending commencing in 20212014, the Issuer Applicable Issuers shall obtain and pay for an annual review of the rating of each such Class of Secured Debt Notes from the each Rating Agency, as applicable. The Issuer Applicable Issuers shall promptly notify the Trustee and the Loan Agent and the Collateral Manager in writing (and the Trustee and the Loan Agent, as applicable shall promptly provide the Holders with a copy of such notice) if at any time the then-current rating of any such Class of Secured Debt Notes has been, or is known will be, changed or withdrawn. (b) The Issuer shall obtain and pay for an annual review of any middle market loan that Collateral Obligation which has an S&P Rating derived as set forth in clause (iii)(b) of the part of the definition of the term “"S&P Rating”."

Annual Rating Review. (a) So long as any of the Secured Debt of any Class remains remain Outstanding, on or before December 31 in each year commending in 202131, 2025, the Issuer shall obtain request and pay for an annual review of the rating of each such Class of Secured Debt from the Rating Agency. The Issuer shall promptly notify the Trustee and the Loan Agent and the Collateral Manager in writing (and the Trustee and the Loan Agent, as applicable shall each promptly provide the applicable Holders with a copy of such notice) if at any time the Issuer is notified or has actual knowledge that the then-current rating of any such Class of Secured Debt has been, or is known will be, changed or withdrawn. (b) The Issuer shall obtain request and pay for an annual review of any middle market loan Collateral Obligation that has an S&P Rating derived as set forth in clause (iii)(b) of from a credit estimate under the definition thereof both (i) annually and (ii) upon the occurrence of the term “S&P Rating”a Specified Amendment with respect to such Collateral Obligation.

Annual Rating Review. (a) So long as any of the Secured Debt of any Class remains remain Outstanding, on or before December 31 August 23 in each year commending commencing in 20212024, the Issuer Applicable Issuers shall obtain and pay for an annual review of the rating of each such Class of Secured Debt from the Rating Agency. The Issuer Applicable Issuers shall promptly notify the Collateral Trustee and the Loan Agent and the Collateral Manager in writing (and the Collateral Trustee and the Loan Agent, as applicable shall promptly provide the Holders with a copy of such notice) if at any time the then-current then‑current rating of any such Class of Secured Debt has been, or is known will be, changed or withdrawn. (b) The Issuer shall obtain and pay for an annual review of any middle market loan that Collateral Obligation which has an S&P Rating derived as set forth in clause (iii)(b) of the definition of the term “S&P Rating”.

Annual Rating Review. (a) So long as any of the Secured Debt of any Class remains remain Outstanding, on or before December 31 September 17 in each year commending commencing in 20212025, the Issuer Applicable Issuers shall obtain and pay for an annual review of the rating of each such Class of Secured Debt from the Rating Agency. The Issuer Applicable Issuers shall promptly notify the Collateral Trustee and the Loan Agent and the Collateral Manager in writing (and the Collateral Trustee and the Loan Agent, as applicable shall promptly provide the Holders with a copy of such notice) if at any time the then-current rating of any such Class of Secured Debt has been, or is known will be, changed or withdrawn. (b) The Issuer shall obtain and pay for an annual review of any middle market loan that Collateral Obligation which has an S&P Rating derived as set forth in clause (iii)(b) of the definition of the term “"S&P Rating”.". 171

Annual Rating Review. (a) So long as any of the Secured Debt Notes of any Class remains remain Outstanding, on or before December 31 May 23 in each year commending commencing in 20212025, the Issuer Applicable Issuers shall obtain and pay for an annual review of the rating of each such Class of Secured Debt Notes from the Rating Agency, as applicable. The Issuer Applicable Issuers shall promptly notify the Trustee and the Loan Agent and the Collateral Manager in writing (and the Trustee and the Loan Agent, as applicable shall promptly provide the Holders with a copy of such notice) if at any time the then-current rating of any such Class of Secured Debt Notes has been, or is known will be, changed or withdrawn. (b) The Issuer Issuer, or the Collateral Manager on behalf of the Issuer, may (but shall not be obligated to) obtain and pay for an annual review of any middle market loan that has an S&P Rating derived as set forth in clause (iii)(b) of the definition of the term “S&P Rating”DIP Collateral Obligation.