Authorized Amount; Stated Maturity; Denominations. The aggregate principal amount of Securities that may be authenticated and delivered under this Indenture, the Fiscal Agency Agreement (assuming, solely for the purposes of this Section 2.3, that each preferred share has a principal amount of U.S.$1,000) and the Memorandum and Articles is limited to U.S.$395,500,000 (except for Securities authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Securities pursuant to Section 2.4, Section 2.6, Section 2.7 or Section 8.5 of this Indenture and the Memorandum and Articles). Such Securities shall be divided into the Classes, having the designations, original principal amounts and other characteristics as follows: Class Designation Class A Notes Class B-1 Notes Class B-F Notes Preferred Shares(1) Applicable Issuer Issuers Issuers Issuers Issuer Initial Principal Amount(2) U.S.$224,000,000 U.S.$26,000,000 U.S.$10,000,000 U.S.$137,775,000 Stated Maturity The Payment Date in June 2032 The Payment Date in June 2032 The Payment Date in June 2032 N/A Interest Rate: Floating Rate Notes Yes Yes Yes N/A Index(3) Reference Rate Reference Rate N/A Spread(4) 1.45% 1.75% N/A N/A Fixed Rate of Interest(4) N/A N/A 2.83% N/A Initial Rating(s): S&P “AAA(sf)” “AA(sf)” “AA(sf)” N/A Priority Class(es) None A A A, B-1, B-F Pari Passu Class(es) None B-F B-1 None Junior Class(es) B-1, B-F, Preferred Shares Preferred Shares Preferred Shares None Interest deferrable No No No N/A Form Book-Entry Book-Entry Book-Entry Physical
Appears in 2 contracts
Samples: Indenture and Security Agreement (Blue Owl Capital Corp), Indenture and Security Agreement (Owl Rock Capital Corp)
Authorized Amount; Stated Maturity; Denominations. The aggregate principal amount of Securities Secured Notes and Subordinated Notes that may be authenticated and delivered under this Indenture, the Fiscal Agency Agreement (assuming, solely for the purposes of this Section 2.3, that each preferred share has a principal amount of U.S.$1,000) and the Memorandum and Articles Indenture is limited to U.S.$395,500,000 U.S.$425,000,000 (except for Securities (i) Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Securities Notes pursuant to Section 2.42.5, Section 2.6, Section 2.7 2.6 or Section 8.5 of this Indenture or (ii) Additional Notes issued in accordance with Sections 2.13 and the Memorandum and Articles3.2). Such Securities Notes shall be divided into the Classes, having the designations, original principal amounts and other characteristics as follows: Notes Class Designation Class A Notes Class B-1 Notes Class B-F Notes Preferred Shares(1) Applicable Issuer Issuers Issuers Issuers Issuer Initial B C Subordinated Original Principal Amount(2) U.S.$224,000,000 U.S.$26,000,000 U.S.$10,000,000 U.S.$137,775,000 Amount U.S.$261,375,000 U.S.$44,625,000 U.S.$36,125,000 U.S. $82,875,000 Stated Maturity The Payment Date in June April 30, 2032 The Payment Date in June April 30, 2032 The Payment Date in June April 30, 2032 N/A Interest Rate: Floating April 30, 2032 Fixed Rate Notes Note Yes Yes Yes N/A Index(3) Reference Interest Rate Reference Rate N/A Spread(4) 1.454.05 % 1.755.15 % 7.75 % N/A N/A Fixed Floating Rate of Interest(4) N/A N/A 2.83% Note No No No N/A Initial Rating(s): S&P KBRA “AAA(sfA(sf)” “AA(sfBBB(sf)” “AA(sfBB(sf)” N/A Priority Class(es) Classes None A A A, B-1B A, B-F , C Pari Passu Class(es) Classes None B-F B-1 None None None Junior Class(es) B-1Classes B, B-FC, Preferred Shares Preferred Shares Preferred Shares Subordinated C, Subordinated Subordinated None Interest deferrable Deferrable No No No Yes N/A Form Book-Entry Book-Entry Book-Entry PhysicalThe Secured Notes (other than the Class C Notes) shall be issued in minimum denominations of U.S.$100,000 and integral multiples of $1,000 in excess thereof. The Class C Notes will be issued in minimum denominations of $500,000 and integral multiples of $1,000 in excess thereof. The Subordinated Notes will be issued in minimum denominations of $4,700,000 and integral multiples of $1,000 in excess thereof. Notes shall only be transferred or resold in compliance with the terms of this Indenture.
Appears in 1 contract
Authorized Amount; Stated Maturity; Denominations. The aggregate principal amount of Securities that may be authenticated and delivered under this Indenture, the Fiscal Agency Agreement (assuming, assuming solely for the purposes of this Section 2.3, that each preferred share has a principal amount of U.S.$1,000) and the Memorandum and Articles Limited Liability Company Agreement is limited to U.S.$395,500,000 U.S.$449,950,000 (except for Securities authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Securities pursuant to Section 2.4, Section 2.6, Section 2.7 or Section 8.5 of this Indenture and the Memorandum and ArticlesLimited Liability Company Agreement). Such Securities shall be divided into the Classes, having the designations, original principal amounts and other characteristics as follows: Class Designation Class A A-1 Notes Class B-1 A-2 Notes Class B-F B Notes Class C Notes Preferred Shares(1) Applicable Issuer Issuers Issuers Issuers Issuer Shares Initial Principal Amount(2Amount(1) U.S.$224,000,000 U.S.$26,000,000 U.S.$10,000,000 U.S.$137,775,000 U.S.$220,000,000 U.S.$5,000,000 U.S.$22,500,000 U.S.$22,500,000 U.S.$179,950,000 Stated Maturity The (Payment Date in June 2032 The Payment Date in June 2032 The Payment Date in June 2032 in) April 2036 April 2036 April 2036 April 2036 N/A Interest Rate: Benchmark + 2.15% 6.619% Benchmark + 2.75% Benchmark + 3.50% N/A Floating Rate Notes Yes No Yes Yes N/A Index(3) Reference Fixed Rate Reference Rate Notes No Yes No No N/A Spread(4Index(2) 1.45% 1.75% Benchmark N/A Benchmark Benchmark N/A Fixed Rate of Interest(4) Corresponding Tenor 3 month N/A N/A 2.83% 3 month 3 month N/A Initial Rating(s): S&P Rating “AAA(sf)” “AAA(sf)” “AA(sf)” “AA(sfA(sf)” N/A Priority Class(es) None A A ANone A-1, B-1A-2 A-1, A-2, B A-1, A-2, B-F , C Pari Passu Class(es) A-2 A-1 None B-F B-1 None None Junior Class(es) B-1B, B-FC, Preferred Shares B, C, Preferred Shares C, Preferred Shares Preferred Shares None Interest deferrable No No No No N/A Form BookRe-Entry Book-Entry Book-Entry PhysicalPricing Eligible(3) Yes Yes Yes Yes N/A
Appears in 1 contract
Samples: Indenture and Security Agreement (Blue Owl Technology Income Corp.)
Authorized Amount; Stated Maturity; Denominations. The aggregate principal amount of Securities that may be authenticated and delivered under this Indenture, the Fiscal Agency Agreement (assuming, solely for the purposes of this Section 2.3, that each preferred share has a principal amount of U.S.$1,000) and the Memorandum and Articles is limited to U.S.$395,500,000 U.S.$398,100,000 (except for Securities authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Securities pursuant to Section 2.4, Section 2.6, Section 2.7 or Section 8.5 of this Indenture and the Memorandum and Articles). Such Securities shall be divided into the Classes, having the designations, original principal amounts and other characteristics as follows: Class Designation Class A A-LR Notes Class B-1 A-FR Notes Class B-F R Notes Preferred Shares(1) Corresponding Class(es) Refinanced(2) A-1L A-1F X-X, B-F N/A Applicable Issuer Issuers Issuers Issuers Issuer Initial Principal Amount(2Amount(3) U.S.$224,000,000 U.S.$26,000,000 U.S.$10,000,000 U.S.$137,775,000 U.S.$204,000,000 U.S.$20,000,000 U.S.$36,000,000 U.S.$138,100,000 Stated Maturity The Payment Date in June 2032 April 2033 The Payment Date in June 2032 April 2033 The Payment Date in June 2032 April 2033 N/A Interest Rate: Fixed Rate Notes No Yes No N/A Floating Rate Notes Yes Yes No Yes N/A Index(3Index(4) Reference Rate (5) Reference Rate N/A Spread(4Reference Rate N/A Spread(65 ) 1.45% 1.751.55% N/A 1.90% N/A Fixed Rate of Interest(4Interest(65) N/A 2.48% N/A 2.83% N/A Initial Rating(s): S&P “AAA(sf)” “AA(sfAAA(sf)” “AA(sf)” N/A Priority Class(es) None A A None A-LR, B-1A-FR A-LR, A-FR, B-F R Pari Passu Class(es) A-FR A-LR None B-F B-1 None Junior Class(es) B-1, B-FR, Preferred Shares B-R, Preferred Shares Preferred Shares None Interest deferrable No No No N/A Form Book-Entry Book-Entry Book-Entry Physical
Appears in 1 contract
Samples: Indenture and Security Agreement (Blue Owl Capital Corp)
Authorized Amount; Stated Maturity; Denominations. The aggregate principal amount of Securities that may be authenticated and delivered under this Indenture, the Fiscal Agency Agreement (assuming, solely for the purposes of this Section 2.3, that each preferred share has a principal amount of U.S.$1,000) and the Memorandum and Articles is limited to U.S.$395,500,000 U.S.$438,900,000 (except for Securities authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Securities pursuant to Section 2.4, Section 2.6, Section 2.7 or Section 8.5 of this Indenture and the Memorandum and Articles). Such Securities shall be divided into the Classes, having the designations, original principal amounts and other characteristics as follows: Class Designation Class A A-1 Notes Class B-1 Notes Class B-F A-2 Notes Preferred Shares(1) Applicable Issuer Issuers Issuers Issuers Issuer Initial Principal Amount(2) U.S.$224,000,000 U.S.$26,000,000 U.S.$10,000,000 U.S.$137,775,000 U.S.$236,500,000 U.S.$15,500,000 U.S.$186,900,000 Stated Maturity The Payment Date in June 2032 May 2029 The Payment Date in June 2032 The Payment Date in June 2032 May 2029 N/A Interest Rate: Floating Rate Notes Yes Yes Yes N/A Index(3) Reference Rate Reference Rate N/A Spread(4Index Maturity(4) 1.45% 1.75% 3 month 3 month N/A Spread(5) 2.62% 3.40% N/A Fixed Rate of Interest(4Interest(5) N/A N/A 2.83% N/A Initial Rating(s): S&P “AAA(sf)” “AA(sf)” “AA(sfAAA(sf)” N/A Priority Class(es) None A A AA-0 X-0, B-1, B-F Pari X-0 Xxxx Passu Class(es) None B-F B-1 None None Junior Class(es) B-1A-2, B-F, Preferred Shares Preferred Shares Preferred Shares None Interest deferrable No No No N/A Form Book-Entry Book-Entry Book-Entry Physical
Appears in 1 contract
Samples: Indenture and Security Agreement (Owl Rock Capital Corp)
Authorized Amount; Stated Maturity; Denominations. The aggregate principal amount of Securities Secured NotesDebt that may be authenticated and delivered under this Indenture, the Fiscal Agency Agreement (assuming, solely for the purposes of this Section 2.3, that each preferred share has a principal amount of U.S.$1,000) ), the Limited Liability Company Agreement and the Memorandum and Articles Class AA-LR Loans that may be incurred under the Credit Agreement is limited to U.S.$395,500,000 U.S.$390,000,000510,800,000 (except for Secured DebtDeferred Interest with respect to the Deferrable Notes and Securities authenticated and delivered or incurred upon registration of transfer of, or in exchange for, or in lieu of, other Securities Secured DebtSecurities pursuant to Section 2.4, Section 2.6, Section 2.7 or Section 8.5 of this Indenture and the Memorandum and ArticlesLimited Liability Company Agreement). Such Secured Debt and the Subordinated Securities that will be issued by the Issuer on the Closing Date pursuant to its Memorandum and ArticlesOn and after the First Refinancing Date, such Debt shall be divided into the Classes, having the designations, original principal amounts and other characteristics as follows: Class Designation Class A AClass A-NR Notes Class B-1 A-LR Loans(1) A-FClass A-FR Notes Class A LoansClass B-F R Notes BClass C Notes Subordinated Securities1 Preferred Shares(1) Applicable Issuer Issuers Issuers Issuers Issuers Issuer Initial OriginalInitial Principal Amount(2Amount2(2) U.S.$224,000,000 U.S.$26,000,000 U.S.$10,000,000 U.S.$137,775,000 Stated Maturity U.S.$ 242,000,00 0 221,400,000 (5) U.S.$50,000,000 February U.S.$ 30,000,00 0 25,000,000 The Payment Date in June 2032 May U.S.$50,000,000 41,600,000 The Payment Date in June 2032 May U.S.$68,000,000 52,000,000 The Payment Date in June 2032 May U.S.$206,106,000120,80 0,000 N/A Interest Rate: Floating Rate Notes Yes Yes Yes N/A Index(3(7) Reference Rate Reference Rate N/A Spread(4) 1.45% 1.75% N/A N/A Fixed Rate 1 On the Closing Date, the Issuer shall also issue U.S.$206,106,000 of Interest(4) N/A N/A 2.83% N/A Initial Rating(s): S&P “AAA(sf)” “AA(sf)” “AA(sf)” N/A Priority Class(es) None A A ASubordinated Securities in the form of 206,106 Preferred Shares, B-1, B-F Pari Passu Class(es) None B-F B-1 None Junior Class(es) B-1, B-F, U.S.$0.0001 par value per share pursuant to the Memorandum and Articles at an issue price of U.S.$1,000 per share in minimum denominations of U.S.$2,500,000. The Preferred Shares Preferred Shares Preferred Shares None Interest deferrable No No No N/A Form Book-Entry Book-Entry Book-Entry Physicalshall be subordinated to each Class of Secured Debt, and shall only be transferred or resold in compliance with the terms of this Indenture and the Fiscal Agency Agreement.
Appears in 1 contract
Samples: Indenture and Security Agreement (Blue Owl Capital Corp)
Authorized Amount; Stated Maturity; Denominations. The aggregate principal amount of Securities that may be authenticated and delivered under this IndentureIndenture and the Memorandum and Articles, the Fiscal Agency Agreement (assuming, solely for the purposes of this Section 2.3, that each preferred share has a principal amount of U.S.$1,000U.S. $1,000) and the Memorandum and Articles Limited Liability Company Agreement is limited to U.S.$395,500,000 U.S.$395,310,000 (except for Securities authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Securities pursuant to Section 2.4, Section 2.6, Section 2.7 or Section 8.5 of this Indenture and the Memorandum and ArticlesArticlesLimited Liability Company Agreement). Such SuchOn and after the First Refinancing Date, such Securities shall be divided into the Classes, having the designations, original principal amounts and other characteristics as follows: Class Designation Class A A-1LA-R Notes Class B-1 A-1F Notes Class BA-2 Notes Class BB-F R Notes Preferred Shares(1) Applicable Issuer Issuers Issuers Issuers Issuers Issuer Initial Principal Amount(2) U.S.$224,000,000 U.S.$26,000,000 U.S.$10,000,000 U.S.$137,775,000 U.S.$166,000,000 228,000,000 U.S.$40,000,000 U.S.$20,000,000 U.S.$34,000,000 32,000,000 U.S.$135,310,000 Stated Maturity The Payment Date in June April 20322036 The Payment Date in April 2032 The Payment Date in June April 2032 The Payment Date in June 2032 April 20322036 N/A Interest Rate: Fixed Rate Notes No Yes No No N/A Floating Rate Notes Yes No Yes Yes N/A Index(3) Reference Rate Reference Rate RateBenchmark N/A Spread(4Reference Rate Reference RateBenchmark N/A Index Maturity(4) 1.453 month N/A 3 month 3 month N/A Spread(5 44) 1.801.85% 1.75N/A 2.00% 2.452.35% N/A Fixed Rate of Interest(544 ) N/A 2.75% N/A N/A Fixed Rate of Interest(4) N/A N/A 2.83% N/A Initial Rating(s): S&P “AAA(sf)” “AA(sfAAA(sf)” “AAA(sf)” “AA(sf)” N/A Priority Class(es) None A A ANone A-1L, B-1A- 1F A-1L, BA-1F, A- 2A-F R A-1LA-R, A-1F, A-2, BB-R Pari Passu Class(es) A-1FNone A-1L None B-F B-1 None None Junior Class(es) B-1A-2-R, BBB-FR, Preferred Shares A-2, B, Preferred Shares B, Preferred Shares Preferred Shares None Interest deferrable No No No No N/A Re-Pricing Eligible No No N/A Form Book-Entry Book-Entry Book-Entry Book-Entry Physical
Appears in 1 contract
Samples: Indenture and Security Agreement (Blue Owl Capital Corp)
Authorized Amount; Stated Maturity; Denominations. The aggregate principal amount of Securities Secured Notes and Subordinated Notes that may be authenticated and delivered under this Indenture, the Fiscal Agency Agreement (assuming, solely for the purposes of this Section 2.3, that each preferred share has a Indenture is limited to U.S.$300,500,000 aggregate principal amount of U.S.$1,000Notes except for (i) Deferred Interest with respect to the Class B Notes and the Memorandum and Articles is limited to U.S.$395,500,000 Class C Notes, (except for Securities ii) Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Securities Notes pursuant to Section 2.42.5, Section 2.6, Section 2.7 2.6 or Section 8.5 of this Indenture or (iii) Additional Notes issued in accordance with Sections 2.13 and the Memorandum and Articles)3.2. Such Securities Notes shall be divided into the Classes, having the designations, original principal amounts and other characteristics as follows: Class Designation Class A A-1 Notes Class B-1 A-2A Notes Class BA-2B Notes Class B Notes Class C Notes Subordinated Notes Type Senior Secured Floating Rate Notes Senior Secured Floating Rate Notes Senior Secured Fixed Rate Notes Secured Deferrable Floating Rate Notes Secured Deferrable Floating Rate Notes Subordinated Notes Issuer(s) Co-F Notes Preferred Shares(1) Applicable Issuer Issuers Co-Issuers Co-Issuers Co-Issuers Co-Issuers Issuer Original Principal Amount (U.S.$) $178,200,000 $25,000,000 $9,950,000 $16,400,000 $17,350,000 $53,600,000 S&P Initial Principal Amount(2) U.S.$224,000,000 U.S.$26,000,000 U.S.$10,000,000 U.S.$137,775,000 Stated Maturity The Payment Date in June 2032 The Payment Date in June 2032 The Payment Date in June 2032 Rating “AAA (sf)” “AA (sf)” “AA (sf)” “A- (sf)” “BBB- (sf)” N/A Interest Rate: Floating Rate Notes Yes LIBOR1 + 1.73% LIBOR + 2.45% 4.2319% LIBOR + 3.40% LIBOR + 4.40% N/A Interest Deferrable No No No Yes Yes N/A Index(3Stated Maturity Aug. 9, 2030 Aug. 9, 2030 Aug. 9, 2030 Aug. 9, 2030 Aug. 9, 2030 Aug. 9, 2030 Minimum Denominations (U.S.$) Reference Rate Reference Rate N/A Spread(4(Integral Multiples) 1.45% 1.75% N/A N/A Fixed Rate of Interest(4$250,000 ($1.00) N/A N/A 2.83% N/A Initial Rating(s): S&P “AAA(sf)” “AA(sf)” “AA(sf)” N/A $250,000 ($1.00) $250,000 ($1.00) $250,000 ($1.00) $250,000 ($1.00) $250,000 ($1.00) Priority Class(es) Classes None A A AA-1 A-1 X-0, B-1X-0X, X-0X X-0, X-0X, X-0X, B X-0, X-0X, X-0X, X, X Xxxx Xxxxx Classes None X-0X X-0X Xxxx Xxxx Xxxx Xxxxxx Xxxxxxx X-0X, X-0X, B-F Pari Passu Class(es) , C, Subordinated B, C, Subordinated B, C, Subordinated C, Subordinated Subordinated None B-F B-1 None Junior Class(es) B-1The Notes shall be issued in minimum denominations of U.S.$250,000 and integral multiples of U.S.$1.00 in excess thereof. Notes shall only be transferred or resold in compliance with the terms of this Indenture. 1 If a LIBOR Event occurs, B-F, Preferred Shares Preferred Shares Preferred Shares None Interest deferrable No No No N/A Form Book-Entry Book-Entry Book-Entry PhysicalLIBOR may be replaced with an Alternative Rate as set forth in the definition or “LIBOR”.
Appears in 1 contract
Authorized Amount; Stated Maturity; Denominations. The aggregate principal amount of Securities Secured Notes and Subordinated Notes that may be authenticated and delivered under this Indenture, the Fiscal Agency Agreement (assuming, solely for the purposes of this Section 2.3, that each preferred share has a Indenture is limited to U.S.$140,000,000 aggregate principal amount of U.S.$1,000) and the Memorandum and Articles is limited to U.S.$395,500,000 Notes (except for Securities (i) Deferred Interest with respect to the Class C-1 Notes and the Class D-1 Notes, (ii) Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Securities Notes pursuant to Section 2.42.5, Section 2.6, Section 2.7 2.6 or Section 8.5 of this Indenture or (iii) additional notes issued in accordance with Sections 2.13 and the Memorandum and Articles3.2). Such Securities Notes shall be divided into the Classes, having the designations, original principal amounts and other characteristics as follows: Class Designation Class A Notes Class B-1 Notes Class B-F Notes Preferred Shares(1) Applicable Issuer Issuers Issuers Issuers Issuer Initial A-0 X-0 X-0 X-0 Subordinated Type Senior Secured Floating Rate Senior Secured Floating Rate Secured Deferrable Floating Rate Secured Deferrable Floating Rate Subordinated Original Principal Amount(2) U.S.$224,000,000 U.S.$26,000,000 Amount1 U.S.$77,250,000 U.S.$9,000,000 U.S.$10,000,000 U.S.$137,775,000 U.S.$9,000,000 U.S.$34,750,000 Stated Maturity The Payment Date in June 2032 The Payment Date in June 2032 The Payment Date in June 2032 (as defined herein) July, 2024 July, 2024 July, 2024 July, 2024 July, 2024 Fixed Rate Note No No No No N/A Interest Rate: Floating Rate Notes Note Yes Yes Yes Yes N/A Index(3) Reference Rate Reference Rate Index LIBOR LIBOR LIBOR LIBOR N/A Spread(4) 1.45% 1.75% Index Maturity2 3 month 3 month 3 month 3 month N/A N/A Fixed Rate of Interest(4) N/A N/A 2.83Spread 1.50% 3.25% 4.25% 5.25% N/A Initial Rating(s): S&P “AAA(sfAAA (sf)” “AA(sfAA (sf)” “AA(sfA (sf)” N/A “BBB (sf)” None Moody’s “Aaa (sf)” “Aa2 (sf)” “A2 (sf)” “Baa2 (sf)” None Priority Class(es) Classes None A A AA-1 A-1 and B-0 X-0, B-1X-0 xxx X-0 X-0, B-F X-0, C-1 and D-1 Pari Passu Class(es) Classes None B-F B-1 None None None None Junior Class(es) B-1Classes B-0, B-FX-0, Preferred Shares Preferred Shares Preferred Shares X-0 xxx Xxxxxxxxxxxx X-0, X-0 and Subordinated D-1 and Subordinated Subordinated None Interest deferrable No No No Yes Yes N/A Form Book1 As of the Closing Date. 2 LIBOR for each floating rate note shall be calculated by reference to three-Entry Book-Entry Book-Entry Physicalmonth LIBOR, in accordance with the definition of LIBOR set forth in Exhibit C hereto; provided that LIBOR for the first Interest Accrual Period shall equal 0.32298%. The Secured Notes shall be issued in minimum denominations of U.S.$250,000 and integral multiples of U.S.$1,000 in excess thereof. The Subordinated Notes shall be issued in minimum denominations of U.S.$100,000 and integral multiples of U.S.$1.00 in excess thereof. Notes shall only be transferred or resold in compliance with the terms of this Indenture.
Appears in 1 contract
Samples: Indenture (KCAP Financial, Inc.)
Authorized Amount; Stated Maturity; Denominations. The aggregate principal amount of Securities Secured Debt and Subordinated Notes that may be authenticated and delivered under this Indenture, Indenture and incurred pursuant to the Fiscal Agency Credit Agreement (assuming, solely for the purposes of this Section 2.3, that each preferred share has a is limited to U.S.$386,600,000 aggregate principal amount of U.S.$1,000) and the Memorandum and Articles is limited to U.S.$395,500,000 Debt (except for Securities (i) Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Securities Debt pursuant to Section 2.42.5, Section 2.6, Section 2.7 2.6 or Section 8.5 of this Indenture or (ii) Additional Debt issued in accordance with Sections 2.13 and the Memorandum and Articles3.2). Such Securities Debt shall be divided into the Classes, having the designations, original principal amounts and other characteristics as follows: Debt Class Designation Class A Loans Class A Notes Class B-1 B Notes Class B-F Notes Preferred Shares(1) Applicable Issuer Issuers Issuers Issuers Issuer Initial Subordinated Original Principal Amount(2) U.S.$224,000,000 U.S.$26,000,000 U.S.$10,000,000 U.S.$137,775,000 Amount U.S. $85,000,000 U.S. $140,000,000 U.S. $38,800,000 U.S. $122,800,000 Stated Maturity The Payment Date in June 2032 The January, 2034 Payment Date in June 2032 The January, 2034 Payment Date in June 2032 January, 2034 December 14, 2122 Fixed Rate Note No No No N/A Interest Rate: Floating Rate Notes Note Yes Yes Yes N/A Index(3) Reference Rate Reference Rate N/A Spread(4) 1.45Interest Rate1 Benchmark + 2.60% 1.75Benchmark + 2.60% N/A N/A Fixed Rate of Interest(4) N/A N/A 2.83Benchmark + 3.09% N/A Initial Rating(s): S&P “"AAA(sf)” “" "AAA(sf)" "AA(sf)” “AA(sf)” " N/A Priority Class(es) Classes None A None A A, B-1, B-F B Pari Passu Class(es) Classes Class A Notes Class A Loans None B-F B-1 None Junior Class(es) B-1Classes B, Subordinated B-F, Preferred Shares Preferred Shares Preferred Shares Subordinated Subordinated None Interest deferrable Deferrable No No No N/A Form BookRe-Entry BookPricing Eligible Debt No Yes Yes N/A 1 The spread over the Benchmark for each Class of Re-Entry Book-Entry PhysicalPricing Eligible Debt is subject to reduction pursuant to Section 9.8. The Secured Debt shall be issued in minimum denominations of U.S.$250,000 and integral multiples of U.S.$1.00 in excess thereof. The Subordinated Notes shall be issued in minimum denominations of U.S.$1,400,000 and integral multiples of U.S.$1.00 in excess thereof. Notes shall only be transferred or resold in compliance with the terms of this Indenture.
Appears in 1 contract
Samples: Golub Capital BDC 3, Inc.
Authorized Amount; Stated Maturity; Denominations. The aggregate principal amount of Securities that may be authenticated and delivered under this Indenture, the Fiscal Agency Agreement (assuming, and the Memorandum and Articles(assuming solely for the purposes of this Section 2.3, that each preferred share has a principal amount of U.S.$1,000) and the Memorandum and Articles Limited Liability Company Agreement is limited to U.S.$395,500,000 U.S.$333,500,000337,500,000 (except for Securities authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Securities pursuant to Section 2.4, Section 2.6, Section 2.7 or Section 8.5 of this Indenture and the Memorandum and ArticlesArticlesLimited Liability Company Agreement). Such SuchOn and after the First Refinancing Date, such Securities shall be divided into the Classes, having the designations, original principal amounts and other characteristics as follows: Class Designation Class A A-1R Notes Class B-1 A-2R Notes Class B-F B-1R Notes Class B-2R Notes Preferred Shares(1) Applicable Issuer Issuers Issuers Issuers Issuer Initial Principal Amount(2) U.S.$224,000,000 U.S.$26,000,000 U.S.$10,000,000 U.S.$137,775,000 U.S.$200,000,000112,500,000 U.S.$23,500,000 U.S.$53,000,000 U.S.$15,000,000 U.S.$133,500,000 Stated Maturity The Payment Date in June 2032 The Payment Date in June 2032 The Payment Date in June 2032 January 2031October 15, 2035 October 15, 2035 October 15, 2035 October 15, 2035 N/A Interest Rate: Benchmark + 3.05% 6.937% Benchmark + 4.64% 8.497% N/A Floating Rate Notes Yes No Yes No N/A Index(3)Fixed Rate Notes Reference RateNo Yes No Yes N/A Index(3Index Maturity(3) Reference Rate Reference Rate 3 monthBenchmark N/A Spread(4) 1.45% 1.75% Benchmark N/A N/A Spread(4)Corresponding Tenor Fixed Rate of Interest(4) 2.95% 3 month N/A 3 month N/A N/A 2.83% N/A Initial Rating(s): Initial S&P Rating “AAA(sf)” “AA(sfAAA(sf)” “AA(sfA(sf)” “A(sf)” N/A Priority Class(es) None A A ANone A-1R, B-1A-2R A-1R, B-F A-2R A-1R, A- 2R, B-1R, B-2R Pari Passu Class(es) None B-F B-1 NoneA-2R A-1R B-2R B-1R None Junior Class(es) B-1B-1R, B-FB-2R, Preferred Shares B-1R, B-2R, Preferred Shares Preferred Shares Preferred Shares None Interest deferrable No No No No N/A Re-Pricing Eligible(4) Yes Yes Yes Yes N/A Form Book-Entry Book-Entry Book-Entry Book-Entry Physical
Appears in 1 contract
Samples: Indenture and Security Agreement (Blue Owl Technology Finance Corp.)
Authorized Amount; Stated Maturity; Denominations. The aggregate principal amount of Securities Secured Notes and Subordinated Notes that may be authenticated and delivered under this Indenture, the Fiscal Agency Agreement (assuming, solely for the purposes of this Section 2.3, that each preferred share has a Indenture is limited to U.S.$328,000,000 aggregate principal amount of U.S.$1,000Notes except for (i) Deferred Interest with respect to the Class C Notes and the Memorandum and Articles is limited to U.S.$395,500,000 Class D Notes, (except for Securities ii) Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Securities Notes pursuant to Section 2.42.5, Section 2.6, Section 2.7 2.6 or Section 8.5 of this Indenture or (iii) Additional Obligations issued in accordance with Sections 2.13 and the Memorandum and Articles)3.2. Such Securities Notes shall be divided into the Classes, having the designations, original principal amounts and other characteristics as follows: Class Designation Class A Notes Class B-1 Notes Class B-F Notes Preferred Shares(1Type Senior Secured Floating Rate Senior Secured Floating Rate Secured Deferrable Floating Rate Secured Deferrable Floating Rate Subordinated Issuer(s) Applicable Issuer Issuers Issuers Issuers Entities Issuer Entities Issuer Entities Issuer Entities Issuer and Issuer Subsidiaries Original Principal Amount (U.S.$) $ 228,000,000 $ 36,000,000 $ 36,000,000 $ 28,000,000 $ 67,000,000 S&P Initial Principal Amount(2) U.S.$224,000,000 U.S.$26,000,000 U.S.$10,000,000 U.S.$137,775,000 Stated Maturity The Payment Date in June 2032 The Payment Date in June 2032 The Payment Date in June 2032 Rating “AAA (sf)” “AA (sf)” “A- (sf)” “BBB- (sf)” N/A Interest Rate: Floating Rate Notes Yes Reference Rate1 + 2.60% Reference Rate1 + 3.65% Reference Rate1 + 4.55% Reference Rate1 + 6.90% N/A Interest Deferrable No No Yes Yes N/A Index(3Stated Maturity Payment Date in April 2035 Payment Date in April 2035 Payment Date in April 2035 Payment Date in April 2035 Payment Date in April 2035 Minimum Denominations (U.S.$) Reference Rate Reference Rate N/A Spread(4(Integral Multiples) 1.45% 1.75% N/A N/A Fixed Rate of Interest(4$250,000 ($1.00) N/A N/A 2.83% N/A Initial Rating(s): S&P “AAA(sf)” “AA(sf)” “AA(sf)” N/A $250,000($1.00) $250,000($1.00) $250,000($1.00) $250,000($1.00) Priority Class(es) Classes None A A A, B-1B A, B-F , C A, B, C, D Pari Passu Class(es) Classes None B-F B-1 None None None None Junior Class(es) B-1Classes B, B-FC, Preferred Shares Preferred Shares Preferred Shares D, Subordinated C, D, Subordinated D, Subordinated Subordinated None The Notes shall be issued in minimum denominations of U.S.$250,000 and integral multiples of U.S.$1.00 in excess thereof. Notes shall only be transferred or resold in compliance with the terms of this Indenture. 1 The initial Reference Rate will be Term SOFR. Term SOFR is calculated as set forth in the definition of the term “Term SOFR”. In accordance with the definition of Term SOFR, Term SOFR shall be calculated by reference to rates with a tenor of three months except as provided in the definition of Designated Maturity. Term SOFR for the first Interest deferrable No No No N/A Form Book-Entry Book-Entry Book-Entry PhysicalAccrual Period will be set on two different Interest Determination Dates and, therefore, two different rates may apply during that period. Term SOFR shall at no time be less than 0.0% per annum.
Appears in 1 contract
Authorized Amount; Stated Maturity; Denominations. (a) The aggregate principal amount of Securities Secured NotesDebt and Subordinated Notes that may be authenticated and delivered under this IndentureIndenture (or, in the Fiscal Agency Agreement (assumingcase of the Class A-1L Loans, solely for incurred under the purposes of this Section 2.3, that each preferred share has a ClassA-1L Loan Agreement) is limited to U.S.$300,500,000347,445,000 aggregate principal amount of U.S.$1,000NotesDebt except for (i) Deferred Interest with respect to the Class B Notes and the Memorandum and Articles is limited to U.S.$395,500,000 Class C Notes, (except for Securities ii) Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Securities Notes pursuant to Section 2.42.5, Section 2.6, Section 2.7 2.6 or Section 8.5 of this Indenture or (iii) Additional NotesObligations issued in accordance with Sections 2.13 and the Memorandum and Articles)3.2. Such Securities (a) Prior to the Refinancing Date, the Notes shall be divided into the Classes, having the designations, original principal amounts and other characteristics as follows: Class Designation Class A A-1 Notes Class B-1 A-2A Notes Class BA-2B Notes Class B Notes Class C Notes Subordinated Notes Type Senior Secured Floating Rate Notes Senior Secured Floating Rate Notes Senior Secured Fixed Rate Notes Secured Deferrable Floating Rate Notes Secured Deferrable Floating Rate Notes Subordinated Notes Issuer(s) Co-F Notes Preferred Shares(1) Applicable Issuer Issuers Co-Issuers Co-Issuers Co-Issuers Co-Issuers Issuer Original Principal Amount (U.S.$) $178,200,000 $25,000,000 $9,950,000 $16,400,000 $17,350,000 $53,600,000 S&P Initial Principal Amount(2) U.S.$224,000,000 U.S.$26,000,000 U.S.$10,000,000 U.S.$137,775,000 Stated Maturity The Payment Date in June 2032 The Payment Date in June 2032 The Payment Date in June 2032 Rating “AAA (sf)” “AA (sf)” “AA (sf)” “A- (sf)” “BBB- (sf)” N/A Interest Rate: Floating Rate Notes Yes LIBOR1 + 1.73% LIBOR + 2.45% 4.2319% LIBOR + 3.40% LIBOR + 4.40% N/A Interest Deferrable No No No Yes Yes N/A Index(3Stated Maturity Aug. 9, 2030 Aug. 9, 2030 Aug. 9, 2030 Aug. 9, 2030 Aug. 9, 2030 Aug. 9, 2030 Minimum Denominations (U.S.$) Reference Rate Reference Rate N/A Spread(4(Integral Multiples) 1.45% 1.75% N/A N/A Fixed Rate of Interest(4$250,000 ($1.00) N/A N/A 2.83% N/A Initial Rating(s): S&P “AAA(sf)” “AA(sf)” “AA(sf)” N/A $250,000 ($1.00) $250,000 ($1.00) $250,000 ($1.00) $250,000 ($1.00) $250,000 ($1.00) Priority Class(es) Classes None A A AA-1 A-1 X-0, B-1X-0X, X-0X X-0, X-0X, X-0X, B X-0, X-0X, X-0X, X, X Xxxx Xxxxx Classes None X-0X X-0X Xxxx Xxxx Xxxx Xxxxxx Xxxxxxx X-0X, X-0X, B-F Pari Passu Class(es) None , C, Subordinated B-F B-1 None Junior Class(es) B-1, C, Subordinated B-F, Preferred Shares Preferred Shares Preferred Shares None Interest deferrable No No No N/A Form Book-Entry Book-Entry Book-Entry PhysicalC, Subordinated C, Subordinated Subordinated None
Appears in 1 contract
Samples: Supplemental Indenture (AB Private Credit Investors Corp)
Authorized Amount; Stated Maturity; Denominations. The aggregate principal amount of Securities that may be authenticated and delivered under this Indenture, the Fiscal Agency Agreement (assuming, solely for the purposes of this Section 2.3, that each preferred share has a principal amount of U.S.$1,000) and the Memorandum and Articles is limited to U.S.$395,500,000 U.S.$438,900,000 (except for Securities authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Securities pursuant to Section 2.4, Section 2.6, Section 2.7 or Section 8.5 of this Indenture and the Memorandum and Articles). Such Securities shall be divided into the Classes, having the designations, original principal amounts and other characteristics as follows: Class Designation Class A A-1-R Notes Class B-1 Notes Class BA-2-F R Notes Preferred Shares(1) Applicable Issuer Issuers Issuers Issuers Issuer Initial Principal Amount(2) U.S.$224,000,000 U.S.$26,000,000 U.S.$10,000,000 U.S.$137,775,000 U.S.$252,000,000 U.S.$40,500,000 U.S.$148,000,000 Stated Maturity The Payment Date in June 2032 August 2033 The Payment Date in June 2032 The Payment Date in June 2032 August 2033 N/A Interest Rate: Floating Rate Notes Yes Yes Yes N/A Index(3) Reference Rate Reference Rate N/A Spread(4Index Maturity(4) 1.45% 1.75% 3 month 3 month N/A Spread(5 4) 1.60% 1.90% N/A Fixed Rate of Interest(4Interest(54) N/A N/A 2.83% N/A Initial Rating(s): S&P “AAA(sf)” “AA(sf)” “AA(sf)” N/A Priority Class(es) None A A AA-1-R A-1-R, B-1, BA-2-F R Pari Passu Class(es) None B-F B-1 None None Junior Class(es) B-1A-2-R, B-F, Preferred Shares Preferred Shares Preferred Shares None Interest deferrable No No No N/A Form Book-Entry Book-Entry Book-Entry Physical
Appears in 1 contract
Samples: Indenture and Security Agreement (Blue Owl Capital Corp)
Authorized Amount; Stated Maturity; Denominations. The aggregate principal amount of Securities Debt that may be authenticated and delivered delivered, or incurred, as applicable, under this Indenture, the Class A-1L Credit Agreement, the Fiscal Agency Agreement (assuming, solely for the purposes of this Section 2.3, that each preferred share has a principal amount of U.S.$1,000) and the Memorandum and Articles Limited Liability Company Agreement is limited to U.S.$395,500,000 U.S.$396,500,000 (except for Securities the Secured Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Securities Secured Notes pursuant to Section 2.4, Section 2.6, Section 2.7 or Section 8.5 of this Indenture and the Memorandum and ArticlesLimited Liability Company Agreement). Such Securities Debt shall be divided into the Classes, having the designations, original principal amounts and other characteristics as follows: Class Designation Class A A-1A Notes Class B-1 A-1B Notes Class B-F A-1L Loans(1) Class A-2 Notes Class B Notes Preferred Shares(1) Applicable Issuer Issuers Issuers Issuers Issuer Initial Principal Amount(2) U.S.$224,000,000 U.S.$26,000,000 U.S.$10,000,000 U.S.$137,775,000 U.S.$90,000,000 (3) U.S.$22,000,000 U.S.$116,000,000 U.S.$8,000,000 U.S.$24,000,000 U.S.$136,500,000 Stated Maturity The Payment Date in June 2032 July, 2034 The Payment Date in June 2032 July, 2034 The Payment Date in June 2032 July, 2034 The Payment Date in July, 2034 The Payment Date in July, 2034 N/A Interest Rate: Floating Rate Notes Debt Yes No Yes Yes Yes N/A Index(3) Reference Fixed Rate Reference Rate Debt No Yes No No No N/A Spread(4Index(4) 1.45Benchmark N/A Benchmark Benchmark Benchmark N/A Index Maturity 3-months N/A 3-months 3-months 3-months N/A Spread(6) 2.55% 1.75N/A 2.55% 3.10% 3.55% N/A Fixed Rate of Interest(6) N/A 6.37% N/A N/A Fixed Rate of Interest(4) N/A N/A 2.83% N/A Initial Rating(s): S&P “AAA(sf)” “AA(sfAAA(sf)” “AAA(sf)” “AAA(sf)” “AA(sf)” N/A Priority Class(es) None A A ANone None A-1A, B-1A-1B, B-F A-1L A-1A, A-1B, A-1L, A-2 A-1A, A-1B, A-1L, A-2, B Pari Passu Class(es) A-1B, A-1L (5) A-1A, A-1L (5) A-1A, A-1B (5) None B-F B-1 None None Junior Class(es) B-1A-2, B-F, Preferred Shares A-2, B, Preferred Shares A-2, B, Preferred Shares B, Preferred Shares Preferred Shares None Interest deferrable Deferrable No No No No No N/A Re-Pricing Eligible(6) No No N/A No No N/A Listed Notes Yes No N/A No No N/A Form Book-Entry Book-Entry Registered Loans Book-Entry Book-Entry Physical
Appears in 1 contract
Samples: Indenture and Security Agreement (Blue Owl Credit Income Corp.)
Authorized Amount; Stated Maturity; Denominations. The aggregate principal amount of Securities (i) Notes (including the amount of the Class A Notes upon the conversion of the Class A-L Loans) that may be authenticated and delivered under this IndentureIndenture and (ii) Class A-L Loans incurred under the Class A-L Credit Agreement, the Fiscal Agency Agreement (assuming, solely for the purposes of this Section 2.3, that each preferred share has a is limited to U.S.$369,000,000 aggregate principal amount of U.S.$1,000) and the Memorandum and Articles is limited to U.S.$395,500,000 Secured Debt (except for Securities (i) Deferred Interest with respect to the Deferrable Notes, (ii) Secured Debt authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Securities Secured Debt pursuant to Section 2.42.5, Section 2.6, Section 2.7 2.6 or Section 8.5 of this Indenture or (iii) Additional Debt issued in accordance with Sections 2.13 and the Memorandum and Articles3.2). Such Securities Secured Debt shall be divided into the Classes, having the designations, original principal amounts and other characteristics as follows: Principal Terms of the Secured Debt Class Designation Class A Notes Class B-1 A-L Loans Class B Notes Class B-F C Notes Preferred Shares(1) Applicable Issuer Issuers Issuers Issuers Issuer Class D Notes Type Senior Secured Floating Rate Senior Secured Floating Rate Senior Secured Floating Rate Secured Deferrable Floating Rate Secured Deferrable Floating Rate Initial Principal Amount(2) U.S.$224,000,000 U.S.$26,000,000 U.S.$10,000,000 U.S.$137,775,000 Stated Maturity The Payment Date in June 2032 The Payment Date in June 2032 The Payment Date in June 2032 N/A Interest Rate: Floating Rate Notes Yes Yes Yes N/A Index(3) Reference Rate Reference Rate N/A Spread(4) 1.45% 1.75% N/A N/A Fixed Rate of Interest(4) N/A N/A 2.83% N/A Amount $161,000,000 $100,000,000 $45,000,000 $36,000,000 $27,000,000 Expected S&P Initial Rating(s): S&P rating “AAA(sf)” “AAA(sf)” “AA(sf)” “AA(sfA(sf)” N/A Priority Class(es) None A A A, B-1, B-F Pari Passu Class(es) None B-F B-1 None Junior Class(es) B-1, B-F, Preferred Shares Preferred Shares Preferred Shares None “BBB(sf)” Interest deferrable Rate1 Benchmark + 1.90% Benchmark + 1.90% Benchmark + 2.30% Benchmark + 2.95% Benchmark + 4.95% Interest Deferrable No No No N/Yes Yes Stated Maturity Payment Date in July 2036 Payment Date in July 2036 Payment Date in July 2036 Payment Date in July 2036 Payment Date in July 2036 Minimum Denominations (U.S.$) (Integral Multiples) $250,000 ($1.00) $250,000 ($1.00) $250,000 ($1.00) $250,000 ($1.00) $250,000 ($1.00) Priority Classes None None A, A-L A, A-L, B A, A-L, B, C Pari Passu Classes A-L A None None None Junior Classes A-L, B, C, D, Interests B, C, D, Interests C, D, Interests D, Interests Interests Form Book-Entry (Physical for IAIs) N/A Book-Entry (Physical for IAIs) Book-Entry Physical(Physical for IAIs) Book-Entry (Physical for IAIs) 1 The initial Benchmark for the Floating Rate Notes shall be the Term SOFR Rate. The Term SOFR Rate is calculated as set forth in the definition thereof; provided that, with respect to the first Interest Accrual Period, the Term SOFR Rate shall calculated by interpolating the rate for a Term SOFR Rate with a term of 6 months and 12 months. However, the Benchmark may change in accordance with the definition thereof. The Secured Debt shall be issued in Minimum Denominations of U.S.$250,000 and integral multiples of U.S.$1.00 in excess thereof. Secured Debt shall only be transferred or resold in compliance with the terms of this Indenture or the Class A-L Credit Agreement, as applicable.
Appears in 1 contract
Samples: AG Twin Brook Capital Income Fund
Authorized Amount; Stated Maturity; Denominations. The aggregate principal amount of Securities Debt that may be authenticated and delivered under this Indenture, Indenture or the Fiscal Agency Agreement (assuming, solely for the purposes of this Section 2.3, that each preferred share has a principal amount of U.S.$1,000) and the Memorandum and Articles Class A-L Loan Agreements is limited to U.S.$395,500,000 U.S.$298,060,000 (including the amount of the Class A-1 Notes upon Conversion of the Class A-L-A Loans) (except for Securities (i) Debt authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Securities Debt pursuant to Section 2.42.5, Section 2.6, Section 2.7 2.12 or Section 8.5 of this Indenture and (ii) additional securities issued in accordance with Sections 2.13 and 3.2 or additional loans incurred pursuant to the Memorandum and ArticlesClass A-L Loan Agreements). Such Securities Debt shall be divided into the Classes, having the designations, original principal amounts and other characteristics as follows: Class Designation Class A X Notes Class B-1 A-1 Notes Class BA-F L-A Loans Class A-L-B Loans Class B Notes Preferred Shares(1Subordinated Notes Original Principal Amount(1) Applicable Issuer Issuers Issuers Issuers Issuer Initial Principal Amount(2U.S.$ 2,000,000 U.S.$ 100,500,000(2) U.S.$224,000,000 U.S.$26,000,000 U.S.$10,000,000 U.S.$137,775,000 U.S.$ 25,000,000(2) U.S.$ 50,000,000 U.S.$ 37,500,000 U.S.$ 83,060,000 Stated Maturity The Payment Date in June 2032 The January 2036 Payment Date in June 2032 The January 2036 Payment Date in June 2032 N/A January 2036 Payment Date in January 2036 Payment Date in January 2036 Payment Date in January 2036 Interest Rate: Floating Rate Notes Yes Yes Yes N/A Index(3) Reference Rate Reference Rate Reference Rate Reference Rate Reference Rate N/A Spread(4Spread 2.00% 2.35% 2.35% 2.35% 3.20% N/A Initial S&P Rating: “AAA (sf)” “AAA (sf)” “AAA (sf)” “AAA (sf)” “AA (sf)” N/A Priority Class(es)(4) 1.45% 1.75% None None None None X, A-1, A-L-A, A-L-B X, A-1, A-L-A, A-L-B, B Junior Class(es) B, Subordinated B, Subordinated B, Subordinated B, Subordinated Subordinated None Pari Passu Class(es) A-1, A-L-A, A-L-B X, A-L-A, A-L-B X, A-1, A-L-B X, A-1, A-L-A None None Listed Notes No Yes N/A N/A Fixed Rate of Interest(4) N/A N/A 2.83% N/A Initial Rating(s): S&P “AAA(sf)” “AA(sf)” “AA(sf)” N/A Priority Class(es) None A A A, B-1, B-F Pari Passu Class(es) None B-F B-1 None Junior Class(es) B-1, B-F, Preferred Shares Preferred Shares Preferred Shares None Interest deferrable No No No N/A Form Book-Entry Book-Entry Book-Entry PhysicalNo
Appears in 1 contract
Samples: Indenture and Security Agreement (Nuveen Churchill Direct Lending Corp.)
Authorized Amount; Stated Maturity; Denominations. The aggregate principal amount of Securities Debt that may be authenticated and delivered under this Indenture, the Fiscal Agency Agreement (assuming, solely for the purposes of this Section 2.3, that each preferred share has a principal amount of U.S.$1,000) and the Memorandum and Articles Indenture is limited to U.S.$395,500,000 U.S.$ 429,100,000 (except for Securities (i) Debt authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Securities Debt pursuant to Section 2.42.5, Section 2.6, Section 2.7 2.12 or Section 8.5 of this Indenture and the Memorandum (ii) additional securities issued in accordance with Sections 2.13 and Articles3.2). Such Securities Debt shall be divided into the Classes, having the designations, original principal amounts and other characteristics as follows: Class Designation Class A Notes Class B-1 B Notes Class B-F C Notes Preferred Shares(1) Applicable Issuer Issuers Issuers Issuers Issuer Initial Subordinated Notes Original Principal Amount(2) U.S.$224,000,000 U.S.$26,000,000 U.S.$10,000,000 U.S.$137,775,000 Amount1 U.S.$246,500,000 U.S.$42,500,000 U.S.$34,000,000 U.S.$106,100,000 Stated Maturity The Payment Date in June 2032 The October 2035 Payment Date in June 2032 The October 2035 Payment Date in June 2032 N/A October 2035 Payment Date in October 2035 Interest Rate: Floating Reference Rate Notes Yes Yes Yes N/A Index(3) Reference Rate Reference Rate N/A Spread(4) 1.45Spread2 2.60% 1.753.35% N/A N/A Fixed Rate of Interest(4) N/A N/A 2.834.15% N/A Initial Rating(s): S&P “AAA(sf)” “AA(sf)” “AA(sf)” Rating: AAA (sf) AA (sf) A (sf) N/A Priority Class(es) None A A A, B-1B A, B-F , C Junior Class(es) B, C, Subordinated C, Subordinated Subordinated None Pari Passu Class(es) None B-F B-1 None Junior Class(es) B-1, B-F, Preferred Shares Preferred Shares Preferred Shares None None Interest deferrable No No No Yes N/A Re-Pricing Eligible Debt No Yes Yes N/A ERISA Restricted Note No No No Yes Listed Notes Yes No No No Form Book-Entry (Physical for IAIs) Book-Entry (Physical for IAIs) Book-Entry Physical(Physical for IAIs) Book-Entry (Physical for IAIs) 1 As of the Closing Date.
Appears in 1 contract
Authorized Amount; Stated Maturity; Denominations. The aggregate principal amount of Securities Secured Notes and Subordinated Notes that may be authenticated and delivered under this Indenture, the Fiscal Agency Agreement (assuming, solely for the purposes of this Section 2.3, that each preferred share has a Indenture is limited to U.S.$693,620,250 aggregate principal amount of U.S.$1,000) and the Memorandum and Articles is limited to U.S.$395,500,000 Notes (except for Securities (i) Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Securities Notes pursuant to Section 2.42.5, Section 2.6, Section 2.7 2.6 or Section 8.5 of this Indenture or (ii) Additional Notes issued in accordance with Sections 2.13 and the Memorandum and Articles3.2). Such Securities Notes shall be divided into the Classes, having the designations, original principal amounts and other characteristics as follows: Class Designation Class A Notes Class B-1 Notes Class B-F Notes Preferred Shares(1) Applicable Issuer Issuers Issuers Issuers Issuer Initial Original Principal Amount(2) U.S.$224,000,000 U.S.$26,000,000 U.S.$10,000,000 U.S.$137,775,000 Amount U.S. $395,500,000 U.S. $38,500,000 U.S. $259,620,250 Stated Maturity The Payment Date in June 2032 The October 2035 Payment Date in June 2032 The Payment Date in June 2032 October 2035 September 21, 2123 Fixed Rate Note No No N/A Interest Rate: Floating Rate Notes Yes Yes Yes N/A Index(3) Reference Rate Reference Rate N/A Spread(4) 1.45Rate1 Benchmark + 2.40% 1.75Benchmark + 2.30% N/A N/A Fixed Floating Rate of Interest(4) N/A N/A 2.83% Note Yes Yes N/A Initial Rating(s): S&P “"AAA(sf)” “AA(sf" "AAA(sf)” “AA(sf)” " N/A Fitch "AAAsf" N/A N/A Priority Class(es) Classes None A A AA-1 A-1, B-1, B-F A-2 Pari Passu Class(es) Classes None B-F B-1 None None Junior Class(es) B-1Classes A-2, B-F, Preferred Shares Preferred Shares Preferred Shares Subordinated Subordinated None Interest deferrable No Deferrable No No N/A Form BookRe-Entry BookPricing Eligible Notes No Yes N/A 1 The spread over the Benchmark for each Class of Re-Entry Book-Entry PhysicalPricing Eligible Notes is subject to reduction pursuant to Section 9.8. The Secured Notes shall be issued in minimum denominations of U.S.$250,000 and integral multiples of U.S.$1.00 in excess thereof. The Subordinated Notes shall be issued in minimum denominations of U.S.$2,900,000 and integral multiples of U.S.$1.00 in excess thereof. Notes shall only be transferred or resold in compliance with the terms of this Indenture.
Appears in 1 contract
Authorized Amount; Stated Maturity; Denominations. The aggregate principal amount of Securities Secured Notes and Subordinated Notes that may be authenticated and delivered under this Indenture, the Fiscal Agency Agreement (assuming, solely for the purposes of this Section 2.3, that each preferred share has a principal amount of U.S.$1,000) and the Memorandum and Articles Indenture is limited to U.S.$395,500,000 U.S.$251,169,000 (except for Securities (i) Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Securities Notes pursuant to Section 2.42.5, Section 2.6, Section 2.7 2.6 or Section 8.5 of this Indenture or (ii) Additional Notes issued in accordance with Sections 2.13 and the Memorandum and Articles3.2). Such Securities Notes shall be divided into the Classes, having the designations, original principal amounts and other characteristics as follows: Notes Class Designation Class A Notes Class B-1 Notes Class B-F Notes Preferred Shares(1) Applicable Issuer Issuers Issuers Issuers Issuer Initial B Subordinated Original Principal Amount(2) U.S.$224,000,000 U.S.$26,000,000 U.S.$10,000,000 U.S.$137,775,000 Amount U.S.$160,750,000 U.S.$25,100,000 U.S.$65,319,000 Anticipated Repayment Date January 22, 2027 January 22, 2027 N/A Stated Maturity The Payment Date in June 2032 The Payment Date in June 2032 The Payment Date in June 2032 September 22, 2033 September 22, 2033 September 22, 2033 Fixed Rate Note No Yes N/A Interest Rate: Floating Rate Notes Yes Yes Yes N/A Index(3) Reference Rate Reference Rate N/A Spread(4) 1.45Benchmark + 3.50% 1.7511.16% N/A N/A Fixed Floating Rate of Interest(4) N/A N/A 2.83% Note Yes No N/A Initial Rating(s): S&P KBRA “AAA(sfA(sf)” “AA(sf)” “AA(sfBBB(sf)” N/A Priority Class(es) Classes None A A A, B-1, B-F B Pari Passu Class(es) Classes None B-F B-1 None None Junior Class(es) B-1Classes B, B-F, Preferred Shares Preferred Shares Preferred Shares Subordinated Subordinated None Interest deferrable No Deferrable No No N/A Form Book-Entry Book-Entry Book-Entry PhysicalThe Secured Notes shall be issued in minimum denominations of U.S.$100,000 and integral multiples of $1,000 in excess thereof. The Subordinated Notes will be issued in minimum denominations of $730,000 and integral multiples of $1,000 in excess thereof. Notes shall only be transferred or resold in compliance with the terms of this Indenture.
Appears in 1 contract
Authorized Amount; Stated Maturity; Denominations. The aggregate principal amount of Securities Notes that may be authenticated and delivered under this Indenture, the Fiscal Agency Agreement (assuming, solely for the purposes of this Section 2.3, that each preferred share has a Indenture is limited to U.S.$283,500,000 aggregate principal amount of U.S.$1,000) and the Memorandum and Articles is limited to U.S.$395,500,000 Notes (except for Securities (i) Deferred Interest with respect to the Class C Notes, (ii) Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Securities Notes pursuant to Section 2.42.5, Section 2.6, Section 2.7 2.6 or Section 8.5 of this Indenture or (iii) Additional Notes issued in accordance with Sections 2.13 and the Memorandum and Articles3.2). Such Securities Notes shall be divided into the Classes, having the designations, original principal amounts and other characteristics as follows: Notes Class Designation Class A Notes Class B-1 Notes Class B-F Notes Preferred Shares(1) Applicable Issuer Issuers Issuers Issuers Issuer Initial Principal Amount(2) U.S.$224,000,000 U.S.$26,000,000 U.S.$10,000,000 U.S.$137,775,000 A-0 X-0 X X Xxxxxxxx Xxxxxxxxx Xxxxxx0 U.S.$191,000,000 U.S.$20,000,000 U.S.$35,000,000 U.S.$37,500,000 Stated Maturity The Payment Date in June 2032 The Payment Date in June 2032 The Payment Date in June 2032 N/A 2026 2026 2026 2026 Fixed Rate Note No No No No Interest Rate: Floating Rate Notes Note Yes Yes Yes N/A Index(3) Reference Rate Reference Rate N/A Spread(4) 1.45% Yes Index LIBOR LIBOR LIBOR LIBOR Index Maturity 3 month 3 month 3 month 3 month Spread2 1.75% N/A N/A Fixed Rate of Interest(4) N/A N/A 2.831.45%3 2.50% N/A 3.50% Initial Rating(s): S&P “AAA(sfAAA (sf)” “AA(sfAAA (sf)” “AA(sfAA (sf)” N/A Mxxxx’x Aaa (sf)” “Aaa (sf)” “Aa2 (sf)” “A2(sf)” Priority Class(es) Classes None A None A A, B-1, B-F B Pari Passu Class(es) None Classes A-0 X-0 Xxxx Xxxx Junior Classes B-F B-1 None Junior Class(es) B-1, C B-F, Preferred Shares Preferred Shares Preferred Shares None C C Subordinated Listed Notes Yes Yes Yes Yes Interest deferrable No No No N/A Form Book-Entry Book-Entry Book-Entry PhysicalYes The Notes shall be issued in minimum denominations of U.S.$250,000 and integral multiples of U.S.$1,000 in excess thereof. Notes shall only be transferred or resold in compliance with the terms of this Indenture.
Appears in 1 contract
Samples: Indenture (Golub Capital BDC, Inc.)
Authorized Amount; Stated Maturity; Denominations. The aggregate principal amount of Securities that may be authenticated and delivered under this Indenture, the Fiscal Agency Agreement (assuming, solely for the purposes of this Section 2.3, that each preferred share has a principal amount of U.S.$1,000) and the Memorandum and Articles is limited to U.S.$395,500,000 U.S.$438,900,000 (except for Securities authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Securities pursuant to Section 2.4, Section 2.6, Section 2.7 or Section 8.5 of this Indenture and the Memorandum and Articles). Such Securities shall be divided into the Classes, having the designations, original principal amounts and other characteristics as follows: Class Designation Class A Notes Class B-1 Notes Class B-F Notes Preferred Shares(1) Applicable Issuer Issuers Issuers Issuers Issuer Initial Principal Amount(2) U.S.$224,000,000 U.S.$26,000,000 U.S.$10,000,000 U.S.$137,775,000 U.S.$252,000,000 U.S.$40,500,000 U.S.$148,000,000 Stated Maturity The Payment Date in June 2032 August 2033 The Payment Date in June 2032 The Payment Date in June 2032 August 2033 N/A Interest Rate: Floating Rate Notes Yes Yes Yes N/A Index(3) Reference Rate Reference Rate N/A Spread(4Index Maturity(4) 1.45% 1.75% 3 month 3 month N/A Spread(5) 1.60% 1.90% N/A Fixed Rate of Interest(4Interest(5) N/A N/A 2.83% N/A Initial Rating(s): S&P “"AAA(sf)” “" "AA(sf)” “AA(sf)” " N/A Priority Class(es) None A A A, B-1, B-F Pari Passu Class(es) None B-F B-1 None None Junior Class(es) B-1A-2-R, B-F, Preferred Shares Preferred Shares Preferred Shares None Interest deferrable No No No N/A Form Book-Entry Book-Entry Book-Entry Physical
Appears in 1 contract
Samples: Indenture and Security Agreement (Owl Rock Capital Corp)
Authorized Amount; Stated Maturity; Denominations. The aggregate principal amount of Securities Debt that may be authenticated and delivered delivered, or incurred, as applicable, under this Indenture, the Class A-L Credit Agreement, the Fiscal Agency Agreement (assuming, solely for the purposes of this Section 2.3, that each preferred share has a principal amount of U.S.$1,000) and the Memorandum and Articles Limited Liability Company Agreement is limited to U.S.$395,500,000 U.S.$397,300,000 (except for Securities the Secured Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Securities Secured Notes pursuant to Section 2.4, Section 2.6, Section 2.7 or Section 8.5 of this Indenture and the Memorandum and ArticlesLimited Liability Company Agreement). Such Securities Debt shall be divided into the Classes, having the designations, original principal amounts and other characteristics as follows: Class Designation Class A Notes Class B-1 Notes A-L Loans Class B-F B Notes Preferred Shares(1) Applicable Issuer Issuers Issuers Issuers Issuer Initial Principal Amount(2) U.S.$224,000,000 U.S.$26,000,000 U.S.$10,000,000 U.S.$137,775,000 U.S.$203,000,000 U.S.$25,000,000 U.S.$32,000,000 U.S.$137,300,000 Stated Maturity The Payment Date PaymentDate in June 2032 October 2035 The Payment Date PaymentDate in June 2032 October 2035 The Payment Date PaymentDate in June 2032 October 2035 N/A Class Designation Class A Notes Class A-L Loans Class B Notes Preferred Shares(1) Interest Rate: Floating Rate Notes Yes N/A Yes Yes N/A Fixed Rate Notes No N/A No N/A Index(3) Reference Rate Reference Rate Benchmark Benchmark Benchmark N/A Index Maturity 3-months 3 months 3-months N/A Spread(4) 1.452.40% 1.752.40% 3.25% N/A Fixed Rate of Interest N/A N/A Fixed Rate of Interest(4) N/A N/A 2.83% N/A Initial Rating(s): S&P “AAA(sf)” “AA(sfAAA(sf)” “AA(sf)” N/A Priority Class(es) None None A Notes, A-L Loans A Notes, A-L Loans, B-1, B-F B Notes Pari Passu Class(es) A-L Loans(5) A Notes(5) None B-F B-1 None Junior Class(es) B-1, B-FB Notes, Preferred Shares B Notes, Preferred Shares Preferred Shares None Interest deferrable Deferrable No No No N/A Re-Pricing Eligible(4) No N/A Yes N/A Form Book-Entry Book-Entry Registered Loans Book-Entry Physical
Appears in 1 contract
Samples: Indenture and Security Agreement (Blue Owl Capital Corp III)
Authorized Amount; Stated Maturity; Denominations. The aggregate principal amount of Securities that may be authenticated and delivered under this Indenture, the Loan Agreement, the Fiscal Agency Agreement (assuming, solely for the purposes of this Section 2.3, that each preferred share has a principal amount of U.S.$1,000) and the Memorandum and Articles Limited Liability Company Agreement is limited to U.S.$395,500,000 U.S.$395,820,000 (except for the Securities authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Securities pursuant to Section 2.4, Section 2.6, Section 2.7 or Section 8.5 of this Indenture and the Memorandum and ArticlesLimited Liability Company Agreement). Such Securities shall be divided into the Classes, having the designations, original principal amounts and other characteristics as follows: Class Designation Class A A-1T Notes Class B-1 A-1F Notes Class B-F A-1L Loans(1) Class B Notes Preferred Shares(1) Applicable Issuer Issuers Issuers Issuers Issuer Type Senior Secured Floating Rate Senior Secured Fixed Rate Senior Secured Floating Rate Senior Secured Floating Rate Preferred Share Initial Principal Amount(2) U.S.$224,000,000 U.S.$26,000,000 U.S.$10,000,000 U.S.$137,775,000 U.S.$152,500,000 U.S.$25,500,000 U.S.$50,000,000 U.S.$32,000,000 U.S.$135,820,000 Stated Maturity The Payment Date in June 2032 May 2035 The Payment Date in June 2032 May 2035 The Payment Date in June 2032 May 2035 The Payment Date in May 2035 N/A Interest Rate: Floating Rate Notes Debt Yes No Yes Yes N/A Fixed Rate Debt No Yes No No N/A Index(3) Reference Rate Reference Rate Benchmark N/A Benchmark Benchmark N/A Index Maturity 3-months N/A 3-months 3-months N/A Spread(4) 1.452.50% 1.75N/A 2.50% 3.60% N/A Fixed Rate of Interest N/A 6.10% N/A N/A Fixed Rate of Interest(4) N/A N/A 2.83% N/A Initial Rating(s): S&P “AAA(sf)” “AA(sfAAA(sf)” “AAA(sf)” “AA(sf)” N/A Priority Class(es) None A A ANone None A-1T, B-1A-1F, B-F A-1L A-1T, A-1F, A-1L, B Pari Passu Class(es) A-1F, A-1L(5) A-1T, A-1L(5) A-1T, A-1F(5) None B-F B-1 None Junior Class(es) B-1, B-F, Preferred Shares B, Preferred Shares B, Preferred Shares Preferred Shares None Interest deferrable Deferrable No No No No N/A Re-Pricing Eligible(5) No No No Yes N/A Form Book-Entry Book-Entry Registered Loans Book-Entry Physical
Appears in 1 contract
Samples: Indenture and Security Agreement (Owl Rock Core Income Corp.)
Authorized Amount; Stated Maturity; Denominations. The aggregate principal amount of Securities that may be authenticated and delivered under this Indenture, the Fiscal Agency Agreement (assuming, solely for the purposes of this Section 2.3, that each preferred share has a principal amount of U.S.$1,000) Indenture and the Memorandum and Articles is limited to U.S.$395,500,000 U.S.$395,310,000 (except for Securities authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Securities pursuant to Section 2.4, Section 2.6, Section 2.7 or Section 8.5 of this Indenture and the Memorandum and Articles). Such Securities shall be divided into the Classes, having the designations, original principal amounts and other characteristics as follows: Class Designation Class A A-1L Notes Class B-1 A-1F Notes Class B-F A-2 Notes Class B Notes Preferred Shares(1) Applicable Issuer Issuers Issuers Issuers Issuers Issuer Initial Principal Amount(2) U.S.$224,000,000 U.S.$26,000,000 U.S.$10,000,000 U.S.$137,775,000 U.S.$166,000,000 U.S.$40,000,000 U.S.$20,000,000 U.S.$34,000,000 U.S.$135,310,000 Stated Maturity The Payment Date in June April 2032 The Payment Date in June April 2032 The Payment Date in June April 2032 The Payment Date in April 2032 N/A Interest Rate: Fixed Rate Notes No Yes No No N/A Floating Rate Notes Yes No Yes Yes N/A Index(3) Reference Rate N/A Reference Rate Reference Rate N/A Spread(4Index Maturity(4) 1.453 month N/A 3 month 3 month N/A Spread(5) 1.80% 1.75N/A 2.00% 2.45% N/A Fixed Rate of Interest(5) N/A 2.75% N/A N/A Fixed Rate of Interest(4) N/A N/A 2.83% N/A Initial Rating(s): S&P “AAA(sf)” “AA(sfAAA(sf)” “AAA(sf)” “AA(sf)” N/A Priority Class(es) None A A ANone A-1L, B-1A-1F A-1L, B-F X-0X, X-0 X-0X, X-0X, X-0, B Pari Passu Class(es) None X-0X X-0X Xxxx Xxxx Xxxx Xxxxxx Xxxxx(xx) X-0, X, Xxxxxxxxx Xxxxxx X-0, X, Xxxxxxxxx Shares B-F B-1 None Junior Class(es) B-1, B-F, Preferred Shares Preferred Shares Preferred Shares None Interest deferrable No No No No N/A Form Book-Entry Book-Entry Book-Entry Book-Entry Physical
Appears in 1 contract
Samples: Indenture and Security Agreement (Owl Rock Capital Corp)
Authorized Amount; Stated Maturity; Denominations. The aggregate principal amount of Securities Secured Notes and Subordinated Notes that may be authenticated and delivered under this Indenture, the Fiscal Agency Agreement (assuming, solely for the purposes of this Section 2.3, that each preferred share has a Indenture is limited to U.S.$350,000,000 aggregate principal amount of U.S.$1,000) and the Memorandum and Articles is limited to U.S.$395,500,000 Notes (except for Securities (i) Deferred Interest with respect to the Class B Notes and the Class C Notes, (ii) Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Securities Notes pursuant to Section 2.42.5, Section 2.6, Section 2.7 2.6 or Section 8.5 of this Indenture or (iii) additional notes issued in accordance with Sections 2.13 and the Memorandum and Articles3.2). Such Securities Notes shall be divided into the Classes, having the designations, original principal amounts and other characteristics as follows: Class Designation Class A A-1R Notes Class B-1 A-1T Notes Class BA-2 Notes Class B Notes Class C Notes Subordinated Notes Type Senior Secured Revolving Floating Rate Senior Secured Floating Rate Senior Secured Floating Rate Senior Secured Deferrable Floating Rate Senior Secured Deferrable Floating Rate Subordinated Issuer(s) Co-F Notes Preferred Shares(1) Applicable Issuer Issuers Co-Issuers Co-Issuers Co-Issuers Issuer Issuer Original Principal Amount (U.S.$) $50,000,000 $111,175,000 $24,150,000 $25,025,000 $13,650,000 $126,000,000 S&P Initial Principal Amount(2) U.S.$224,000,000 U.S.$26,000,000 U.S.$10,000,000 U.S.$137,775,000 Stated Maturity The Payment Date in June 2032 The Payment Date in June 2032 The Payment Date in June 2032 N/A Interest Rate: Floating Rate Notes Yes Yes Yes N/A Index(3) Reference Rate Reference Rate N/A Spread(4) 1.45% 1.75% Rating "AAA(sf)"1 "AAA(sf)" "AA(sf)" "A(sf)" N/A N/A Fixed Interest Rate of Interest(4) N/A N/A 2.83CP Rate + 1.90% or LIBOR + 1.90%23 LIBOR + 1.80% LIBOR + 3.40% LIBOR + 4.65% LIBOR + 5.50% N/A Initial Rating(s): S&P “AAA(sf)” “AA(sf)” “AA(sf)” Listed Notes No Yes Yes Yes No No Interest Deferrable No No No Yes Yes N/A Stated Maturity September 25, 2023 September 25, 2023 September 25, 2023 September 25, 2023 September 25, 2023 September 25, 2023 Minimum Denominations (U.S.$) (Integral Multiples) $250,000 ($1.00) $250,000 ($1.00) $250,000 ($1.00) $250,000 ($1.00) $100,000 ($1.00) $100,000 ($1.00) Priority Class(es) Classes None A A ANone A-1R, B-1A-1T A-1R, A-1T, A-2 A-1R, A-1T, A-2, B A-1R, A-1T, A-2, B-F , C Pari Passu Class(es) Classes A-1T A-1R None B-F B-1 None None None Junior Class(es) B-1Classes A-2, B-F, Preferred Shares Preferred Shares Preferred Shares C, Subordinated Notes A-2, B, C, Subordinated Notes B, C, Subordinated Notes C, Subordinated Notes Subordinated Notes None The Secured Notes (except for the Class C Notes) shall be issued in minimum denominations of U.S.$ 250,000 and integral multiples of U.S.$1.00 in excess thereof, and the Class C Notes and the Subordinated Notes shall be issued in minimum denominations of U.S.$ 100,000 and integral multiples of U.S.$1.00. Notes shall only be transferred or resold in compliance with the terms of this Indenture. 1 The ratings assigned to the Class A-1R Notes by S&P do not address the payment of any Class A-1R Note Additional Amounts. 2 Class A-1R Notes will accrue interest at the CP Rate plus the spread indicated above so long as they are held by a CP Conduit and funded through the issuance of commercial paper and otherwise will accrue interest at LIBOR plus the spread indicated above. The CP Rate will be capped at LIBOR + 0.50%. In addition, the Interest deferrable No No No N/A Form Book-Entry Book-Entry Book-Entry PhysicalRate of the Class A-1R Notes will be subject to the Interest Rate Cap.
Appears in 1 contract
Samples: Indenture (Garrison Capital Inc.)
Authorized Amount; Stated Maturity; Denominations. The aggregate principal amount of Securities Notes that may be authenticated and delivered under this Indenture, the Fiscal Agency Agreement (assuming, solely for the purposes of this Section 2.3, that each preferred share has a Indenture is limited to U.S.$402,360,000 aggregate principal amount of U.S.$1,000) and the Memorandum and Articles is limited to U.S.$395,500,000 Notes (except for Securities (i) Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Securities Notes pursuant to Section 2.42.5, Section 2.6, Section 2.7 2.6 or Section 8.5 of this Indenture or (ii) Additional Notes issued in accordance with Sections 2.13 and the Memorandum and Articles3.2). Such Securities Notes shall be divided into the Classes, having the designations, original principal amounts and other characteristics as follows: Notes Designation(1) Class Designation Class A A-1 Notes Class B-1 A-2 Notes Class B-F Subordinated Notes Preferred Shares(1) Applicable Issuer Issuers Issuers Issuers Issuer Type Senior Secured Floating Rate Senior Secured Floating Rate Initial Principal Amount(2Amount (U.S.$) U.S.$224,000,000 U.S.$26,000,000 U.S.$10,000,000 U.S.$137,775,000 Stated Maturity The Payment Date in June 2032 The Payment Date in June 2032 The Payment Date in June 2032 $232,000,000 $16,000,000 $154,360,000 Fixed Rate Note No No N/A Interest Rate: Floating Rate Notes Yes Note Yes Yes N/A Index(3) Reference Rate Reference Rate Index Benchmark Benchmark N/A Spread(4) 1.45% 1.75% Index Maturity 3 month 3 month N/A Expected S&P Initial Rating “AAA(sf)” “AAA(sf)” N/A Expected Fitch Initial Rating “AAAsf” N/A N/A Fixed Rate (1) Each Class of Interest(4Notes is referred to in this Offering Circular using the respective term set forth under the heading “Designation” in the table above. Designation(1) N/A N/A 2.83Class A-1 Notes Class A-2 Notes Subordinated Notes Interest Rate(2) Benchmark + 2.40% Benchmark + 2.90% N/A Initial Rating(s): S&P “AAA(sf)” “AA(sf)” “AA(sf)” N/A Priority Class(es) None A A A, B-1, B-F Pari Passu Class(es) None B-F B-1 None Junior Class(es) B-1, B-F, Preferred Shares Preferred Shares Preferred Shares None Interest deferrable Deferrable No No No N/A Stated Maturity (Payment Date in) October, 2035 October, 2035 October, 2123 Minimum Denominations (U.S.$) (Integral Multiples) $250,000 ($1.00) $250,000 ($1.00) $1,716,000 ($1.00) Priority Classes None A-1 A-1, A-2 Pari Passu Classes None None None Junior Classes A-2, Subordinated Subordinated None Form Book-Entry (Physical for IAIs) Book-Entry (Physical for IAIs) Book-Entry Physical(Physical for IAIs) The Secured Notes shall be issued in Minimum Denominations of U.S.$250,000 and integral multiples of U.S.$1.00 in excess thereof and the Subordinated Notes shall be issued in Minimum Denominations of U.S.$1,716,000 and integral multiples of U.S.$1.00 in excess thereof; provided that the Notes issued to the U.S. Retention Holder on the Closing Date may be issued in Minimum Denominations of U.S.$100,000 and integral multiples of U.S.$1.00 in excess thereof. Notes shall only be transferred or resold in compliance with the terms of this Indenture.
Appears in 1 contract
Samples: MidCap Financial Investment Corp
Authorized Amount; Stated Maturity; Denominations. The aggregate principal amount of Securities that may be authenticated and delivered under this Indenture, the Loan Agreement, the Fiscal Agency Agreement (assuming, solely for the purposes of this Section 2.3, that each preferred share has a principal amount of U.S.$1,000) and the Memorandum and Articles Limited Liability Company Agreement is limited to U.S.$395,500,000 U.S.$391,675,000 (except for Deferred Interest with respect to the Deferrable Debt and Securities authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Securities pursuant to Section 2.4, Section 2.6, Section 2.7 or Section 8.5 of this Indenture and the Memorandum and ArticlesLimited Liability Company Agreement). Such Securities shall be divided into the Classes, having the designations, original principal amounts and other characteristics as follows: Class Designation Class A A-T Notes Class B-1 A-F Notes Class BA-F L Loans Class B Notes Class C Notes Preferred Shares(1) Applicable Issuer Issuers Issuers Issuers Issuer Initial Principal Amount(2) U.S.$224,000,000 U.S.$26,000,000 U.S.$10,000,000 U.S.$137,775,000 U.S.$152,000,000 U.S.$46,000,000 U.S.$30,000,000(6) U.S.$32,000,000 U.S.$30,000,000 U.S.$101,675,000 Stated Maturity The Payment Date in June 2032 November 2034 The Payment Date in June 2032 November 2034 The Payment Date in June 2032 November 2034 The Payment Date in November 2034 The Payment Date in November 2034 N/A Interest Rate: Floating Rate Notes Debt Yes No Yes Yes Yes N/A Fixed Rate Debt No Yes No No No N/A Index(3) Reference Rate Reference Rate Benchmark N/A Benchmark Benchmark Benchmark N/A Index Maturity 3-months N/A 3 months 3-months 3-months N/A Spread(4) 1.452.50% 1.75N/A 2.50% 3.50% 4.90% N/A Fixed Rate of Interest N/A 6.02% N/A N/A Fixed Rate of Interest(4) N/A N/A 2.83% N/A Initial Rating(s): S&P “AAA(sf)” “AAA(sf)” “AAA(sf)” “AA(sf)” “AA(sfA(sf)” N/A Priority Class(es) None A A None None A-F, B-1A-L, A-T A-F, A-L, A-T, B A-F, A-L, A-T, B-F , C Pari Passu Class(esClass(es)(5) A-F, A-L A-L, A-T A-F, A-T None B-F B-1 None None Junior Class(es) B-1B, B-FC, Preferred Shares B, C, Preferred Shares B, C, Preferred Shares C, Preferred Shares Preferred Shares None Interest deferrable No No No No Yes N/A Form BookRe-Entry Book-Entry Book-Entry PhysicalPricing Eligible(4) No No N/A No No N/A
Appears in 1 contract
Samples: Indenture and Security Agreement (Owl Rock Core Income Corp.)
Authorized Amount; Stated Maturity; Denominations. The aggregate principal amount of Securities Secured Notes and Subordinated Notes that may be authenticated and delivered under this Indenture, the Fiscal Agency Agreement (assuming, solely for the purposes of this Section 2.3, that each preferred share has a Indenture is limited to U.S.$225,000,000 aggregate principal amount of U.S.$1,000) and the Memorandum and Articles is limited to U.S.$395,500,000 Notes (except for Securities Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Securities Notes pursuant to Section 2.42.5, Section 2.6, Section 2.7 2.6 or Section 8.5 of this Indenture and the Memorandum and ArticlesIndenture). Such Securities Notes shall be divided into the Classes, having the designations, original principal amounts and other characteristics as follows: Class Designation Class A Notes Class B-1 Notes Class B-F Notes Preferred Shares(1) Applicable Issuer Issuers Issuers Issuers Issuer Initial Subordinated Original Principal Amount(2) U.S.$224,000,000 U.S.$26,000,000 U.S.$10,000,000 U.S.$137,775,000 Amount1 U.S.$101,250,000 U.S.$123,750,000 Stated Maturity The Payment Date in June 2032 The Payment Date in June 2032 The Payment Date in June 2032 July 25, 2021 July 25, 2021 Fixed Rate Note No N/A Interest Rate: Floating Rate Notes Yes Yes Note Yes N/A Index(3) Reference Rate Reference Rate Index LIBOR N/A Spread(4) 1.45% 1.75% Index Maturity 3 month2 N/A N/A Fixed Rate of Interest(4) N/A N/A 2.83Spread 2.25% N/A Initial Rating(s): S&P “AAA(sf)” “AA(sf)” “AA(sf)” N/A Priority Class(esAAA (sf) None 1 As of the Closing Date. 2 LIBOR shall be calculated by reference to three-month LIBOR, in accordance with the definition of LIBOR set forth in Exhibit C hereto; provided that LIBOR for the first Interest Accrual Period shall equal 0.40707%. Class Designation A Subordinated Xxxxx’x Aaa (sf) None Priority Classes None A A, B-1, B-F Pari Passu Class(es) Classes None B-F B-1 None Junior Class(es) B-1, B-F, Preferred Shares Preferred Shares Preferred Shares Classes Subordinated None Interest deferrable No No No N/A Form Book-Entry Book-Entry Book-Entry PhysicalThe Secured Notes shall be issued in minimum denominations of U.S.$500,000 and integral multiples of U.S.$1,000 in excess thereof. The Subordinated Notes shall be issued in minimum denominations of U.S.$100,000 and integral multiples of U.S.$1.00 in excess thereof. Notes shall only be transferred or resold in compliance with the terms of this Indenture.
Appears in 1 contract
Samples: Indenture (TICC Capital Corp.)
Authorized Amount; Stated Maturity; Denominations. The aggregate principal amount of Securities that may be authenticated and delivered under this Indenture, the Fiscal Agency Agreement (assuming, solely for the purposes of this Section 2.3, that each preferred share has a principal amount of U.S.$1,000) Indenture and the Memorandum and Articles is limited to U.S.$395,500,000 U.S.$395,310,000 (except for Securities authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Securities pursuant to Section 2.4, Section 2.6, Section 2.7 or Section 8.5 of this Indenture and the Memorandum and Articles). Such Securities shall be divided into the Classes, having the designations, original principal amounts and other characteristics as follows: Class Designation Class A A-1L Notes Class B-1 A-1F Notes Class B-F A-2 Notes Class B Notes Preferred Shares(1) Applicable Issuer Issuers Issuers Issuers Issuers Issuer Initial Principal Amount(2) U.S.$224,000,000 U.S.$26,000,000 U.S.$10,000,000 U.S.$137,775,000 U.S.$166,000,000 U.S.$40,000,000 U.S.$20,000,000 U.S.$34,000,000 U.S.$135,310,000 Stated Maturity The Payment Date in June April 2032 The Payment Date in June April 2032 The Payment Date in June April 2032 The Payment Date in April 2032 N/A Interest Rate: Fixed Rate Notes No Yes No No N/A Floating Rate Notes Yes No Yes Yes N/A Index(3) Reference Rate N/A Reference Rate Reference Rate N/A Spread(4Index Maturity(4) 1.453 month N/A 3 month 3 month N/A Spread(5 4) 1.80% 1.75N/A 2.00% 2.45% N/A Fixed Rate of Interest(54) N/A 2.75% N/A N/A Fixed Rate of Interest(4) N/A N/A 2.83% N/A Initial Rating(s): S&P “AAA(sf)” “AA(sfAAA(sf)” “AAA(sf)” “AA(sf)” N/A Priority Class(es) None A A ANone A-1L, B-1A-1F A-1L, B-F A-1F, A-2 A-1L, A-1F, A-2, B Pari Passu Class(es) A-1F A-1L None B-F B-1 None None Junior Class(es) B-1A-2, B-F, Preferred Shares A-2, B, Preferred Shares B, Preferred Shares Preferred Shares None Interest deferrable No No No No N/A Form Book-Entry Book-Entry Book-Entry Book-Entry Physical
Appears in 1 contract
Samples: Indenture and Security Agreement (Blue Owl Capital Corp)
Authorized Amount; Stated Maturity; Denominations. The aggregate principal amount of Securities that may be authenticated and delivered under this Indenture, the Fiscal Agency Agreement (assuming, solely for the purposes of this Section 2.3, that each preferred share has a principal amount of U.S.$1,000) Indenture and the Memorandum and Articles is limited to U.S.$395,500,000 U.S.$396,600,000 (except for Securities authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Securities pursuant to Section 2.4, Section 2.6, Section 2.7 or Section 8.5 of this Indenture and the Memorandum and Articles). Such Securities shall be divided into the Classes, having the designations, original principal amounts and other characteristics as follows: Class Designation Class A Notes Class B-1 Notes Class B-F Notes Preferred Shares(1) Applicable Issuer Issuers Issuers Issuers Issuers Issuers Issuer Initial Principal Amount(2) U.S.$224,000,000 U.S.$26,000,000 U.S.$10,000,000 U.S.$137,775,000 U.S.$157,000,000 U.S.$40,000,000 U.S.$20,000,000 U.S.$40,000,000 U.S.$3,000,000 U.S.$136,600,000 Stated Maturity The Payment Date in June 2032 January 2031 The Payment Date in June 2032 January 2031 The Payment Date in June 2032 January 2031 The Payment Date in January 2031 The Payment Date in January 2031 N/A Interest Rate: Fixed Rate Notes No Yes No No Yes N/A Floating Rate Notes Yes No Yes Yes No N/A Index(3) Reference Rate N/A Reference Rate Reference Rate N/A Spread(4N/A Index Maturity(4) 1.453 month N/A 3 month 3 month N/A N/A Spread(5) 1.75% 1.75N/A 2.20% 2.75% N/A N/A Fixed Rate of Interest(4Interest(5) N/A 3.44% N/A N/A 2.834.46% N/A Initial Rating(s): S&P “AAA(sf)” “AAA(sf)” “AAA(sf)” “AA(sf)” “AA(sf)” N/A Priority Class(es) None A A ANone A1-L, B-1A1-F A1-L, A1-F, A-0 X0-X, X0-X, X-0 X0-X, X0-X, X-0, X-X, B-F Pari Passu Class(es) A1-F A1-L None B-F B-1 B-X None Junior Class(es) B-1A-0, X-X, X-X, Xxxxxxxxx Xxxxxx X-0, X-X, B-F, Preferred Shares B-L, B-F, Preferred Shares Preferred Shares Preferred Shares None Interest deferrable No No No No No N/A Form Book-Entry Book-Entry Book-Entry Book-Entry Book-Entry Physical
Appears in 1 contract
Samples: Indenture and Security Agreement (Owl Rock Capital Corp)
Authorized Amount; Stated Maturity; Denominations. The aggregate principal amount of Securities Secured Notes and Subordinated Notes that may be authenticated and delivered under this Indenture, the Fiscal Agency Agreement (assuming, solely for the purposes of this Section 2.3, that each preferred share has a Indenture is limited to U.S.$300,000,000420,000,000 aggregate principal amount of U.S.$1,000) and the Memorandum and Articles is limited to U.S.$395,500,000 Notes (except for Securities (i) Deferred Interest with respect to the Class B Notes and the Class C Notes, (ii) Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Securities Notes pursuant to Section 2.42.5, Section 2.6, Section 2.7 2.6 or Section 8.5 of this Indenture or (iii) additional notes issued in accordance with Sections 2.13 and the Memorandum and Articles3.2). Such Securities Notes shall be divided into the Classes, having the designations, original principal amounts and other characteristics as follows: Class Designation A- 1RR-R Class A 1TT-R Class A-1F Class A Class BB- Subordinated Designation Notes Notes Notes 2-R Notes R Notes Class B-1 C Notes Class B-F Notes Preferred Shares(1) Applicable Issuer Issuers Issuers Issuers Issuer Initial Principal Amount(2) U.S.$224,000,000 U.S.$26,000,000 U.S.$10,000,000 U.S.$137,775,000 Stated Maturity The Payment Date in June 2032 The Payment Date in June 2032 The Payment Date in June 2032 N/A Interest Rate: Type Senior Secured Revolving Floating Rate Notes Yes Yes Yes N/Senior Secured Floating Rate Senior Secured Fixed Rate Senior Secured Floating Rate Secured Deferrable Floating Rate Secured Deferrable Floating Rate Subordinated Issuer(s) Co-Issuers Co-Issuers Co-Issuers Co-Issuers Co-Issuers Co-Issu Issuer Original Principal $25,000,0 $88,150,00 $20,700,0 $21,450,00 Amount 0050,000,000 0170,400,000 $25,000,000 0055,100,000 036,500,000 $11,700,000 $108,000,000 (U.S.$) Expected S&P Initial Rating "AAA (sf)" "AAA (sf)" "AAA(sf)" "AA (sf)" "A Index(3) Reference Rate Reference Rate N/A Spread(4) 1.45% 1.75% (sf)" "BBB(sf)" "BBB(sf)" Expected DBRS Initial Rating "AAA (sf)" "AAA (sf)" N/A N/A Fixed Rate of Interest(4) N/A N/A 2.83CP Rate + 2.201.58% or LIBOR + LIBOR + LIBOR + LIBOR + LIBOR + Interest Rate 2.201.58 2.201.58% 3.41% 3.152.45% 4.003.17% 6.00% N/A Initial Rating(s): S&P “AAA(sf)” “AA(sf)” “AA(sf)” Listed Notes No Yes Yes Yes Yes Yes No Interest Deferrable No No No No Yes Yes N/A Priority Class(esStated Maturity1 September 29, 2027 November 20, 2029 September 29, 2027 November 20, 2029 September 29, 2027 September 29, 2027 November 20, 2029 September 29, 2027 November 20, 2029 September 29, 2027 September 29, 2027 November 20, 2029 Minimum Denominations (U.S.$) $250,000 $250,000 $250,000 $250,000 $250,000 $250,000 $250,000 (Integral Multiples) ($1.00) ($1.00) ($1.00) ($1.00) ($1.00) ($1.00) ($1.00) A-0X, X- X-0XX-X 0XX-X, X- X-0XX-X, A-1T, A- A-0X, X- 0XX-X, X- X-0X, X- 0XX-X, A 1T, A-0X, 0-X, X, Xxxxxxxx Xxxxxxx Xxxx Xxxx Xxxx 0XX-X 2-R A-2, B CB-R Pari Passu A-1T, A A-0X, X- X-0X, X- Xxxxxxx 0XX-X 1FR-R 1T None A A ANone None None A-0-X, B-1X, X-0-X, X, XX-X, CB-R, A-2, B-F Pari Passu Class(es) None B-F B-1 None Junior Class(es) B-1, C, B, CB-FR, Preferred Shares Preferred Shares Preferred Shares C, Subordinated Subordinated Subordinated Subordinated Subordinated Subordinated Junior Classes Notes Notes Notes Notes Notes Notes None Interest deferrable No No No N/A Form Book-Entry Book-Entry Book-Entry Physical1 The Stated Maturity shall be such date or, if such date is not a Business Day, the next succeeding Business Day. The Notes shall be issued in minimum denominations of U.S.$250,000 and integral multiples of U.S.$1.00 in excess thereof. Notes shall only be transferred or resold in compliance with the terms of this Indenture.
Appears in 1 contract
Authorized Amount; Stated Maturity; Denominations. The aggregate principal amount of Securities Notes that may be authenticated and delivered under this Indenture, the Fiscal Agency Agreement (assuming, solely for the purposes of this Section 2.3, that each preferred share has a principal amount of U.S.$1,000) and the Memorandum and Articles Indenture is limited to U.S.$395,500,000 U.S.$410,250,000.00 (except for Securities (i) Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Securities Notes pursuant to Section 2.42.5, Section 2.6, Section 2.7 2.6 or Section 8.5 of this Indenture and the Memorandum (ii) additional securities issued in accordance with Sections 2.13 and Articles3.2). Such Securities Notes shall be divided into the Classes, having the designations, original principal amounts and other characteristics as follows: Class Designation Class A Notes Class B-1 Notes Class B-F Notes Preferred Shares(1) Applicable Issuer Issuers Issuers Issuers Issuer Initial Principal Amount(2) U.S.$224,000,000 U.S.$26,000,000 U.S.$10,000,000 U.S.$137,775,000 A-1 X-0 X X X Xxxxxxxx Xxxxxxxxx Xxxxxx X.X.$000,000,000 U.S.$35,000,000 U.S.$50,000,000 U.S.$38,500,000 U.S.$33,250,000 Stated Maturity The Payment Date in June 2032 January 2027 The Payment Date in June 2032 January 2027 The Payment Date in June 2032 N/A January 2027 The Payment Date in January 2027 The Payment Date in January 2027 Interest Rate: Floating Rate Notes Yes Yes Yes N/A Index(3) Reference Rate Reference Rate N/A Spread(4) 1.45Index LIBOR LIBOR LIBOR LIBOR LIBOR Index Maturity 3 month 3 month 3 month 3 month 3 month Spread 1.80% 1.752.80% 3.85% 5.50% Initial Fitch Rating: AAAsf AAAsf N/A N/A Fixed Rate of Interest(4) N/A N/A 2.83% N/A Initial Rating(s): S&P “AAA(sf)” “AA(sf)” “AA(sf)” N/A Xxxxx’x Rating: Aaa(sf) Aaa(sf) Aa2(sf) A2(sf) Baa3(sf) Priority Class(es) None A None A A, B-1B A, B-F , C Pari Passu Class(es) None B-F B-1 None Junior Class(esX-0 X-0 Xxxx Xxxx Xxxx Xxxxxx Xxxxx(xx) B-1X, B-FX, Preferred Shares Preferred Shares Preferred Shares None X X, X, X X, X X Xxxx Listed Notes Yes Yes Yes Yes Yes Interest deferrable No No No N/A Yes Yes Form Book-Entry (Physical for IAIs) Book-Entry (Physical for IAIs) Book-Entry Physical(Physical for IAIs) Book-Entry (Physical for IAIs) Book-Entry (Physical for IAIs) The Notes shall be held in the Minimum Denominations. Notes shall only be transferred or resold in compliance with the terms of this Indenture.
Appears in 1 contract
Samples: NewStar Financial, Inc.
Authorized Amount; Stated Maturity; Denominations. The aggregate principal amount of Securities Secured Notes and Subordinated Notes that may be authenticated and delivered under this Indenture, the Fiscal Agency Agreement (assuming, solely for the purposes of this Section 2.3, that each preferred share has a Indenture is limited to U.S.$219,500,000 aggregate principal amount of U.S.$1,000) Secured Notes and the Memorandum and Articles is limited to U.S.$395,500,000 U.S.$80,500,000 face amount of Subordinated Notes (except for Securities (i) Deferred Interest with respect to the Class B Notes and/or the Class C Notes, (ii) Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Securities Notes pursuant to Section 2.42.5, Section 2.6, Section 2.7 2.6 or Section 8.5 of this Indenture or (iii) additional Subordinated Notes issued in accordance with Sections 2.13 and the Memorandum and Articles3.2). Such Securities Notes shall be divided into the Classes, having the designations, original principal amounts or face amounts (in the case of the Subordinated Notes) and other characteristics as follows: Class Designation Class A Notes Class B-1 Notes Class B-F Notes Preferred Shares(1) Applicable Issuer Issuers Issuers Issuers Issuer Initial A-1 A-2 B C Subordinated Original Principal Amount(2) U.S.$224,000,000 U.S.$26,000,000 U.S.$10,000,000 U.S.$137,775,000 Amount or Face Amount1 U.S.$164,500,000 U.S.$25,000,000 U.S.$12,000,000 U.S.$18,000,000 U.S.$80,500,000 Stated Maturity The Payment Date in June 2032 The Payment Date in June 2032 The Payment Date in June 2032 November 20, 2017 November 20, 2017 November 20, 2017 November 20, 2017 November 20, 2017 Fixed Rate Note No No No No N/A Interest Rate: Floating Rate Notes Note Yes Yes Yes Yes N/A Index(3) Reference Rate Reference Rate Index LIBOR LIBOR LIBOR LIBOR N/A Spread(4) 1.45Spread 2.40% 1.752.40% N/A N/A Fixed Rate of Interest(4) N/A N/A 2.833.75% 4.75% N/A Initial Rating(s): S&P “AAA(sf)” “AA(sf)” “AA(sf)” N/AAA AAA AA A None Moody’s Aaa Aaa Aa2 A2 None Priority Class(es) Classes None A A AX-0 X-0, B-1X-0 X-0, A-2, B X-0, X-0, X, X Xxxxxx Xxxxxxx X-0, X, C, Subordinated B-F Pari Passu Class(es) , C, Subordinated C, Subordinated Subordinated None B-F B-1 None Junior Class(es) B-1, B-F, Preferred Shares Preferred Shares Preferred Shares None Listed Notes Yes Yes Yes Yes No Interest deferrable No No No Yes Yes N/A Form Book-Entry Book-Entry Book-Entry PhysicalThe Secured Notes shall be issued in minimum denominations of U.S.$250,000 and integral multiples of U.S.$1,000 in excess thereof. The Subordinated Notes shall be issued in minimum denominations of U.S.$100,000 and integral multiples of U.S.$1,000 in excess thereof. Notes shall only be transferred or resold in compliance with the terms of this Indenture.
Appears in 1 contract
Samples: Indenture (Garrison Capital LLC)
Authorized Amount; Stated Maturity; Denominations. The aggregate principal amount of Securities Notes that may be authenticated and delivered under this Indenture, together with any Class A-1 Loans that may be incurred pursuant to the Fiscal Agency Agreement (assumingCredit Agreement, solely for the purposes of this Section 2.3, that each preferred share has a principal amount of U.S.$1,000) and the Memorandum and Articles is limited to U.S.$395,500,000 U.S.$350,550,000 (except for Securities (i) Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Securities Notes pursuant to Section 2.42.5, Section 2.6, Section 2.7 2.6 or Section 8.5 of this Indenture and the Memorandum (ii) additional securities issued in accordance with Section 2.13 and Articles3.2). Such Securities The Class A-1 Loans and the Notes shall be divided into the Classes, having the designations, original principal amounts and other characteristics as follows: Class Designation Class A A-1 Loans Class A-1 Notes Class B-1 A-2 Notes Class B-F B Notes Preferred Shares(1) Applicable Issuer Issuers Issuers Issuers Issuer Initial Class C Notes Class D Notes Subordinated Notes Original Principal Amount(2) U.S.$224,000,000 U.S.$26,000,000 U.S.$10,000,000 U.S.$137,775,000 Amount1 U.S.$60,000,000 U.S.$139,500,000 4 U.S.$14,000,000 U.S.$24,500,000 U.S.$28,000,000 U.S.$21,000,000 U.S.$63,550,000 Stated Maturity The Payment Date in June 2032 The April 2036 Payment Date in June 2032 The April 2036 Payment Date in June 2032 April 2036 Payment Date in April 2036 Payment Date in April 2036 Payment Date in April 2036 Payment Date in April 2036 Fixed Rate No No No No No No N/A Floating Rate Yes Yes Yes Yes Yes Yes N/A Interest Rate: Floating Rate Notes Yes Yes Yes Index Benchmark Benchmark Benchmark Benchmark Benchmark Benchmark N/A Index(3) Reference Rate Reference Rate Index Maturity2 3 month 3 month 3 month 3 month 3 month 3 month N/A Spread(4) 1.45Spread/Coupon3 2.30% 1.752.30% N/A N/A Fixed Rate of Interest(4) N/A N/A 2.832.70% 2.90% 3.90% 5.90% N/A Initial Rating(s): S&P “AAA(sfAAA (sf)” “AA(sfAAA (sf)” “AA(sfAAA (sf)” “AA (sf)” “A (sf)” “BBB- (sf)” N/A Priority Class(es) Classes None A A ANone A-1 Loans, B-1A-1 Notes A-1 Loans, A-1 Notes, A-2 A-1 Loans, A-1 Notes, A-2, B A-1 Loans, A-1 Notes, A-2, B-F , C A-1 Loans, A-1 Notes, A-2, B, C, D Junior Classes A-2, B, C, D, Subordinated A-2, B, C, D, Subordinated B, C, D, Subordinated C, D, Subordinated D, Subordinated Subordinated None Pari Passu Class(es) A-1 Notes A-1 Loans None B-F B-1 None Junior Class(es) B-1, B-F, Preferred Shares Preferred Shares Preferred Shares None None None Classes Interest deferrable No No No No Yes Yes N/A Deferrable Re-Pricing No No No Yes Yes Yes N/A Eligible Form N/A Book-Entry (Physical for IAI/ QPs) Book-Entry (Physical for IAI/QPs) Book-Entry Physical(Physical for IAI/QPs) Book-Entry (Physical for IAI/QPs) Book-Entry (Physical for IAI/QPs) Book-Entry (Physical for IAI/QPs) 1 As of the Closing Date. 2 The initial Benchmark will be the Term SOFR Rate. The Benchmark may be changed to the Fallback Rate in accordance with the definition of “Benchmark” and certain other conditions specified herein. The Index Maturity shall be a term of three months; provided that for the period from the Closing Date to the First Interest Determination End Date, the Benchmark will be determined by interpolating linearly (and rounding to five decimal places) between the rate for the next shorter period of time for which rates are available and the rate for the next longer period of time for which rates are available. 3 The spread over the Benchmark or the stated Interest Rate, as applicable, with respect to any Class of Re-Pricing Eligible Notes may be reduced in connection with a Re-Pricing of such Class of Secured Debt, subject to the conditions set forth in Section 9.7. 4 The outstanding principal amount of the Class A-1 Notes will be U.S.$139,500,000 on the Closing Date and may be increased to up to U.S.$199,500,000 in aggregate upon the exercise of the Conversion Option which shall effect the conversion of the Class A-1 Loans into the Class A-1 Notes pursuant to this Indenture. The Class A-1 Loans are not being issued pursuant to this Indenture. At the election of a Class A-1 Lender, all or a portion of the outstanding principal amount of the Class A-1 Loans held by such Class A-1 Lender may be converted into Class A-1 Notes, in which case the Aggregate Outstanding Amount of the Class A-1 Notes will be increased by the amount of the Class A-1 Loans so converted and the outstanding principal amount of the Class A-1 Loans will be decreased accordingly. The Notes shall be issued in Minimum Denominations. Notes shall only be transferred or resold in compliance with the terms of this Indenture.
Appears in 1 contract
Samples: Indenture and Security Agreement (PennantPark Floating Rate Capital Ltd.)
Authorized Amount; Stated Maturity; Denominations. The aggregate principal amount of Securities Secured Notes and Subordinated Notes that may be authenticated and delivered under this Indenture, the Fiscal Agency Agreement (assuming, solely for the purposes of this Section 2.3, that each preferred share has a Indenture is limited to U.S.$300,000,000 aggregate principal amount of U.S.$1,000) and the Memorandum and Articles is limited to U.S.$395,500,000 Notes (except for Securities (i) Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Securities Notes pursuant to Section 2.42.5, Section 2.6, Section 2.7 2.6 or Section 8.5 of this Indenture or (ii) additional Subordinated Notes issued in accordance with Sections 2.13 and the Memorandum and Articles3.2). Such Securities Notes shall be divided into the Classes, having the designations, original principal amounts and other characteristics as follows: Class Designation Class A Notes Class B-1 Notes Class B-F Notes Preferred Shares(1) Applicable Issuer Issuers Issuers Issuers Issuer Initial B Subordinated Original Principal Amount(2) U.S.$224,000,000 U.S.$26,000,000 Amount1 U.S.$174,000,000 U.S.$10,000,000 U.S.$137,775,000 U.S.$116,000,000 Stated Maturity The Payment Date in June 2032 The Payment Date in June 2032 The Payment Date in June 2032 July 20, 2021 July 20, 2021 July 20, 2021 Fixed Rate Note No No N/A Interest Rate: Floating Rate Notes Yes Note Yes Yes N/A Index(3) Reference Rate Reference Rate Index LIBOR LIBOR N/A Spread(4) 1.45% 1.75% Index Maturity 3 month 2 3 month N/A N/A Fixed Rate of Interest(4) N/A N/A 2.83Spread 2.40% 2.40% N/A Initial Rating(s): S&P “AAA(sf)” “AA(sf)” “AA(sf)” N/A AAA AA None Moody’s Aaa Aa2 None Priority Class(es) Classes None A A A, B-1, B-F B Pari Passu Class(es) Classes None B-F B-1 None None Junior Class(es) B-1Classes B, B-F, Preferred Shares Preferred Shares Preferred Shares Subordinated Subordinated None Listed Notes Yes Yes No Interest deferrable No No No N/A Form Book-Entry Book-Entry Book-Entry PhysicalThe Secured Notes shall be issued in minimum denominations of U.S.$1,000,000 and integral multiples of U.S.$1,000 in excess thereof. The Subordinated Notes shall be issued in minimum denominations of U.S.$100,000 and integral multiples of U.S.$1.00 in excess thereof. Notes shall only be transferred or resold in compliance with the terms of this Indenture.
Appears in 1 contract
Samples: Indenture (Golub Capital BDC, Inc.)
Authorized Amount; Stated Maturity; Denominations. The aggregate principal amount of Securities that may be authenticated and delivered under this Indenture, the Fiscal Agency Agreement (assuming, solely for the purposes of this Section 2.3, that each preferred share has a principal amount of U.S.$1,000) and the Memorandum and Articles is limited to U.S.$395,500,000 U.S.$438,900,000 (except for Securities authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Securities pursuant to Section 2.4, Section 2.6, Section 2.7 or Section 8.5 of this Indenture and the Memorandum and Articles). Such Securities shall be divided into the Classes, having the designations, original principal amounts and other characteristics as follows: Class Designation Class A A-1 Notes Class B-1 Notes Class B-F A-2 Notes Preferred Shares(1) Applicable Issuer Issuers Issuers Issuers Issuer Initial Principal Amount(2) U.S.$224,000,000 U.S.$26,000,000 U.S.$10,000,000 U.S.$137,775,000 U.S.$236,500,000 U.S.$15,500,000 U.S.$186,900,000 Stated Maturity The Payment Date in June 2032 May 2029 The Payment Date in June 2032 The Payment Date in June 2032 May 2029 N/A Interest Rate: Floating Rate Notes Yes Yes Yes N/A Index(3) Reference Rate Reference Rate N/A Spread(4Index Maturity(4) 1.45% 1.75% 3 month 3 month N/A Spread(5) 2.62% 3.40% N/A Fixed Rate of Interest(4Interest(5) N/A N/A 2.83% N/A Initial Rating(s): S&P “AAA(sf)” “AA(sf)” “AA(sfAAA(sf)” N/A Priority Class(es) None A A AX-0 X-0, B-1, B-F Pari X-0 Xxxx Passu Class(es) None B-F B-1 None None Junior Class(es) B-1A-2, B-F, Preferred Shares Preferred Shares Preferred Shares None Interest deferrable No No No N/A Form Book-Entry Book-Entry Book-Entry Physical
Appears in 1 contract
Samples: Indenture and Security Agreement (Owl Rock Capital Corp)
Authorized Amount; Stated Maturity; Denominations. The aggregate principal amount of Securities Secured Notes that may be authenticated and delivered under this Indenture, the Fiscal Agency Agreement (assuming, solely for the purposes of this Section 2.3, that each preferred share has a principal amount of U.S.$1,000) Indenture and the Memorandum and Articles Class A Loans that may be incurred under the Credit Agreement is limited to U.S.$395,500,000 U.S.$390,000,000 (except for Securities Secured Debt authenticated and delivered or incurred upon registration of transfer of, or in exchange for, or in lieu of, other Securities Secured Debt pursuant to Section 2.4, Section 2.6, Section 2.7 or Section 8.5 of this Indenture and the Memorandum and ArticlesIndenture). Such Secured Debt and the Subordinated Securities that will be issued by the Issuer on the Closing Date pursuant to its Memorandum and Articles shall be divided into the Classes, having the designations, original principal amounts and other characteristics as follows: Class Designation Class A Notes Class B-1 Notes Class BA-F Notes Preferred Shares(1) A Loans B Notes Subordinated Securities1 Applicable Issuer Issuers Issuers Issuers Issuers Issuer Initial Original Principal Amount(2) U.S.$224,000,000 U.S.$26,000,000 U.S.$10,000,000 U.S.$137,775,000 Amount2 U.S.$242,000,000 U.S.$30,000,000 U.S.$50,000,000 U.S.$68,000,000 U.S.$206,106,000 Stated Maturity The Payment Date in June 2032 May 2031 The Payment Date in June 2032 May 2031 The Payment Date in June 2032 May 2031 The Payment Date in May 2031 N/A Fixed Rate Debt No Yes No No N/A Interest Rate: Floating Rate Notes Debt Yes No Yes Yes N/A Index(3) Reference Rate Reference Rate Index LIBORBenchmark N/A Spread(4) 1.45LIBORBenchmark LIBORBenchmark N/A Index Maturity3 3 month N/A 3 month 3 month N/A Spread43 1.80% 1.75N/A 1.80% 2.70% N/A Fixed Rate of Interest N/A 4.165% N/A N/A Fixed Rate of Interest(4) N/A N/A 2.83% N/A Initial Rating(s): S&P “AAA(sf)” “AA(sfAAA(sf)” “AAA(sf)” “AA(sf)” N/A Priority Class(es) None None None A A Notes, A, B-1, B-F Notes, A Loans A Notes, A- F Notes, A Loans, B Pari Passu Class(es) None BA-F B-1 Notes, A Loans A Notes, A Loans A Notes, A-F Notes None None Junior Class(es) B-1B, Subordinated Securities B-F, Preferred Shares Preferred Shares Preferred Shares Subordinated Securities B, Subordinated Securities Subordinated Securities None Interest deferrable No No No No N/A Form Book-Entry Book-Entry Physical Book-Entry PhysicalPhysical 1 On the Closing Date, the Issuer shall also issue U.S.$206,106,000 of Subordinated Securities in the form of 206,106 Preferred Shares, U.S.$0.0001 par value per share pursuant to the Memorandum and Articles at an issue price of U.S.$1,000 per share in minimum denominations of U.S.$2,500,000. The Preferred Shares shall be subordinated to each Class of Secured Debt, and shall only be transferred or resold in compliance with the terms of this Indenture and the Fiscal Agency Agreement.
Appears in 1 contract
Authorized Amount; Stated Maturity; Denominations. The aggregate principal amount of Securities Secured Notes and Subordinated Notes that may be authenticated and delivered under this Indenture, the Fiscal Agency Agreement (assuming, solely for the purposes of this Section 2.3, that each preferred share has a Indenture is limited to U.S.$400,500,000 aggregate principal amount of U.S.$1,000) and the Memorandum and Articles is limited to U.S.$395,500,000 Notes (except for Securities (i) Deferred Interest with respect to the Deferrable Notes, (ii) Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Securities Notes pursuant to Section 2.42.5, Section 2.6, Section 2.7 2.6 or Section 8.5 of this Indenture or (iii) additional notes issued in accordance with Sections 2.13 and the Memorandum and Articles3.2). Such Securities Notes shall be divided into the Classes, having the designations, original principal amounts and other characteristics as follows: Class Designation Class A Notes Class B-1 Notes Class BB-2 Subordinated Original Principal Amount1 U.S.$232,000,000 U.S.$58,000,000 U.S.$10,000,000 U.S.$100,500,000 Type Senior Secured Floating Rate Senior Secured Floating Rate Senior Secured Fixed Rate Subordinated Applicable Issuers Co-F Notes Preferred Shares(1) Applicable Issuer Issuers Co-Issuers Co-Issuers Issuer Initial Principal Amount(2) U.S.$224,000,000 U.S.$26,000,000 U.S.$10,000,000 U.S.$137,775,000 Stated Maturity The Payment Date in June 2032 The Payment Date in June 2032 The Payment Date in June 2032 N/A Interest Rate: Floating Rate Notes Yes Yes Yes N/A Index(3) Reference Rate Reference Rate N/A Spread(4) 1.45% 1.75% N/A N/A Fixed Rate of Interest(4) N/A N/A 2.83% N/A Expected Initial Rating(s): ) S&P “AAA(sf)” “AA(sf)” “AA(sf)” N/A Floating Rate Note Yes Yes No N/A Fixed Rate Note No No Yes N/A Index Maturity 3 month 3 month 3 month N/A Interest Rate2 Reference Rate + 1.60% Reference Rate + 2.15% 6.33% N/A Deferrable Notes No No No N/A Stated Maturity (Payment Date in) July 2037 July 2037 July 2037 July 2037 Minimum Denominations (U.S.$) $250,000 $250,000 $250,000 $1,130,000 (Integral Multiples) ($1.00) ($1.00) ($1.00) ($1.00) Priority Class(es) Classes None A A A, B-1, B-F B-2 Pari Passu Class(es) Classes None B-F B-1 B-24 B-14 None Junior Class(es) Classes B-1, BB-2, Subordinated Subordinated Subordinated None Re-F, Preferred Shares Preferred Shares Preferred Shares None Interest deferrable Pricing Eligible Classes3 No No No Yes Yes N/A Form Book-Entry Book-Entry Book-Entry Physical1 As of the Closing Date. 2 The initial Reference Rate for the Floating Rate Notes will be Term SOFR. Term SOFR shall be calculated pursuant to the definition of “Term SOFR”; provided that Term SOFR for the first Interest Accrual Period will be set on two different determination dates, and therefore, two different rates may apply during that period.
Appears in 1 contract
Authorized Amount; Stated Maturity; Denominations. The aggregate principal amount of Securities Secured Notes and Subordinated Notes that may be authenticated and delivered under this Indenture, the Fiscal Agency Agreement (assuming, solely for the purposes of this Section 2.3, that each preferred share has a principal amount of U.S.$1,000) and the Memorandum and Articles Indenture is limited to U.S.$395,500,000 U.S.$401,750,000 (except for Securities (i) Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Securities Notes pursuant to Section 2.42.5, Section 2.6, Section 2.7 2.6 or Section 8.5 of this Indenture or (ii) Additional Notes issued in accordance with Sections 2.13 and the Memorandum and Articles3.2). Such Securities Notes shall be divided into the Classes, having the designations, original principal amounts and other characteristics as follows: Notes Class Designation Class A Notes Class B-1 Subordinated Notes Class B-F Notes Preferred Shares(1) Applicable Issuer Issuers Issuers Issuers Issuer Initial Original Principal Amount(2) U.S.$224,000,000 U.S.$26,000,000 U.S.$10,000,000 U.S.$137,775,000 Amount U.S. $252,000,000 U.S. $149,750,000 Stated Maturity The Payment Date in June 2032 The Payment Date in June 2032 The Payment Date in June 2032 January 18, 2030 January 25, 2122 Fixed Rate Note No N/A Interest Rate: Floating Rate Notes Yes Yes Yes N/A Index(3) Reference Rate Reference Rate N/A Spread(4) 1.45% 1.75Benchmark + 2.00% N/A N/A Fixed Floating Rate of Interest(4) N/A N/A 2.83% Note Yes N/A Initial Rating(s): S&P KBRA “AAA(sf)” “AA(sf)” “AA(sfA(sf)” N/A Priority Class(es) None A A A, B-1, B-F Pari Passu Class(es) Classes None B-F B-1 None Junior Class(es) B-1, B-F, Preferred Shares Preferred Shares Preferred Shares Classes Subordinated None Interest deferrable No No Deferrable No N/A Form Book-Entry Book-Entry Book-Entry PhysicalThe Secured Notes shall be issued in minimum denominations of U.S. $100,000 and integral multiples of U.S. $1,000 in excess thereof. The Subordinated Notes shall be issued in minimum denominations of U.S. $1,700,000 and integral multiples of U.S. $1,000 in excess thereof; provided, that the Subordinated Notes issued to the initial Holders of the Subordinated Notes on the Closing Date will not be subject to such minimum denomination threshold amounts and the initial Holders of the Subordinated Notes may sell and/or transfer such Subordinated Notes to any Affiliate thereof in amounts that do not meet the minimum denomination threshold. Notes shall only be transferred or resold in compliance with the terms of this Indenture.
Appears in 1 contract
Authorized Amount; Stated Maturity; Denominations. The aggregate principal amount of Securities the Secured Notes and the Subordinated Notes that may be authenticated and delivered under this Indenture, the Fiscal Agency Agreement (assuming, solely for the purposes of this Section 2.3, that each preferred share has a Indenture is limited to U.S.$308,975,680 aggregate principal amount of U.S.$1,000) Secured Notes and the Memorandum and Articles is limited to U.S.$395,500,000 (Subordinated Notes, except for Securities authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Securities Additional Obligations issued pursuant to Section 2.4, Section 2.6, Section 2.7 or Section 8.5 of this Indenture 2.4 and the Memorandum and Articles)Obligations issued pursuant to supplemental indentures in accordance with Article VIII. Such Securities Obligations shall be divided into the Classes, having the designations, original principal amounts and other characteristics as follows: Class Obligations Designation Class A A-R Notes Class B-1 A-T Notes Class BA-F S Notes Preferred Shares(1) Applicable Issuer Issuers Issuers Issuers Issuer Class B Notes Class C Notes Subordinated Notes Initial Principal Amount(2Amount/Face Amount (U.S.$) U.S.$224,000,000 U.S.$26,000,000 U.S.$10,000,000 U.S.$137,775,000 Stated Maturity The Payment Date in June 2032 The Payment Date in June 2032 The Payment Date in June 2032 U.S.$20,000,000 U.S.$126,000,000 U.S.$29,000,000 U.S.$25,000,000 U.S.$22,575,680 U.S.$86,400,000 Expected Moody's Initial Rating "Aaa(sf)" "Aaa(sf)" "Aaa(sf)" "Aa2(sf)" "A2(sf)" N/A Interest Rate: Floating Rate Notes Yes Yes Yes N/A Index(3) Reference Rate Reference Rate N/A Spread(4) 1.45% 1.75% Expected S&P Initial Rating "AAA(sf)" "AAA(sf)" "AAA(sf)" N/A N/A Fixed Rate of Interest(4) N/A N/A 2.83Debt Interest Rate Class A-R Note Interest Rate(1) LIBOR + 1.80% LIBOR + 1.55%(2) LIBOR + 2.65% LIBOR + 3.25% N/A Initial Rating(s): S&P “AAA(sf)” “AA(sf)” “AA(sf)” N/A Stated Maturity May 28, 2025 May 28, 2025 May 28, 2025 May 28, 2025 May 28, 2025 May 28, 2025 Minimum Denominations (U.S.$) (Integral Multiples) U.S.$1,000,000 (U.S.$10,000) U.S.$250,000 (U.S.$1.00) U.S.$250,000 (U.S.$1.00) U.S.$250,000 (U.S.$1.00) U.S.$250,000 (U.S.$1.00) U.S.$250,000 (U.S.$1.00) Ranking of the Notes: Priority Class(es) None A A None None A-R, B-1A-T, A-S A-R, A-T, A-S, B A-R, A-T, A-S, B-F , C Pari Passu Class(es) A-T, A-S A-R, A-S A-R, A-T None B-F B-1 None None Junior Class(es) B-1B, C, Subordinated Notes B-F, Preferred Shares Preferred Shares Preferred Shares C, Subordinated Notes B, C, Subordinated Notes C, Subordinated Notes Subordinated Notes None Deferred Interest deferrable Notes No No No No Yes N/A Form BookApplicable Issuers Co-Entry BookIssuers Co-Entry BookIssuers Co-Entry PhysicalIssuers Co-Issuers Issuer Issuer Listed Note No Yes Yes Yes No No
Appears in 1 contract
Samples: Indenture (Fifth Street Senior Floating Rate Corp.)
Authorized Amount; Stated Maturity; Denominations. The aggregate principal amount of Securities that may be authenticated and delivered under this Indenture, the Fiscal Agency Agreement (assumingand the Memorandum and Articles(assuming, solely for the purposes of this Section 2.3, that each preferred share has a principal amount of U.S.$1,000) and the Memorandum and Articles Limited Liability Company Agreement is limited to U.S.$395,500,000 U.S.$345,450,000669,245,000 (except for Deferred Interest with respect to the Deferrable Notes and Securities authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Securities pursuant to Section 2.4, Section 2.6, Section 2.7 or Section 8.5 of this Indenture and the Memorandum and ArticlesArticlesLimited Liability Company Agreement). Such SuchOn and after the First Refinancing Date, such Securities shall be divided into the Classes, having the designations, original principal amounts and other characteristics as follows: Class Designation Class A A-1-1R Notes Class A-2-2R Notes Class B-1 Notes Class B-F B-2 Notes Class C-1 Notes Class C-2 Notes Preferred Shares(1) Applicable Issuer Issuers Issuers Issuers Issuer Initial Principal Amount(2) U.S.$224,000,000 U.S.$26,000,000 U.S.$10,000,000 U.S.$137,775,000 U.S.$182,000,000354,375,000 U.S.$14,000,00030,375,000 U.S.$49,000,000 U.S.$5,000,000 U.S.$31,500,000 U.S.$39,375,000 U.S.$149,450,000159,620,000 (1) Stated Maturity The Payment Date in June 2032 The Payment Date in June 2032 The Payment Date in June 2032 NovemberApril 20, 20292034 NovemberApril 20, 20292034 April 20, 2034 April 20, 2034 April 20, 2034 April 20, 2034 N/A Interest Rate: Fixed Rate Notes No No No Yes No Yes N/A Floating Rate Notes Yes Yes Yes No Yes No N/A Index(3) Reference Rate RateBenchmark Reference Rate RateBenchmark Benchmark N/A Spread(4) 1.45% 1.75% Benchmark N/A N/A Index Maturity(4) 3 month 3 month 3 month N/A 3 month N/A N/A Spread(4) 1.851.78% 2.201.95% 2.20% 4.25% 3.15% 5.10% N/A Fixed Rate of Interest(4Interest(5) N/A N/A 2.83% N/A Initial Rating(s): Fitch “AAAsf” N/A N/A S&P “AAA(sf)” “AAA(sf)” “AA(sf)” “AA(sf)” “A(sf)” “A(sf)” N/A Fitch “AAAsf” X/X X/X X/X X/X X/X X/X Priority Class(es) None A A AX-0-0X X-0X, B-1X-0X X-0X, BX-0X X-0X, A-2R, B- 1, B-2 A-1R, A-2R, B- 1, X-0 X-0-F 0X, X-0X, X-0, X-0, C-1, C-2 Pari Passu Class(es) None B-F B-1 None Junior Class(esX-0 X-0 X-0 X-0 Xxxx Xxxxxx Xxxxx(xx) B-1A-2R, B-FX-0, X-0, X-0, X-0, Xxxxxxxxx Xxxxxx X-0, X-0, C-1, C-2, Preferred Shares C-1, C-2, Preferred Shares C-1, C-2, Preferred Shares Preferred Shares Preferred Shares None Interest deferrable No No No No Yes Yes N/A Re-Pricing Eligible(4) No Yes Yes Yes Yes Yes No Form Book-Entry Book-Entry Book-Entry Book-Entry Book-Entry Book-Entry Physical
Appears in 1 contract
Samples: Indenture and Security Agreement (Owl Rock Capital Corp)
Authorized Amount; Stated Maturity; Denominations. The aggregate principal amount of Securities that may be authenticated and delivered under this Indenture, the Fiscal Agency Agreement (assuming, solely for the purposes of this Section 2.3, that each preferred share has a principal amount of U.S.$1,000) and the Memorandum and Articles is limited to U.S.$395,500,000 U.S.$345,450,000 (except for Securities authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Securities pursuant to Section 2.4, Section 2.6, Section 2.7 or Section 8.5 of this Indenture and the Memorandum and Articles). Such Securities shall be divided into the Classes, having the designations, original principal amounts and other characteristics as follows: Class Designation Class A A-1 Notes Class B-1 Notes Class B-F A-2 Notes Preferred Shares(1) Applicable Issuer Issuers Issuers Issuers Issuer Initial Principal Amount(2) U.S.$224,000,000 U.S.$26,000,000 U.S.$10,000,000 U.S.$137,775,000 U.S.$182,000,000 U.S.$14,000,000 U.S.$149,450,000 Stated Maturity The Payment Date in June 2032 The Payment Date in June 2032 The Payment Date in June 2032 November 20, 2029 November 20, 2029 N/A Interest Rate: Fixed Rate Notes No No N/A Floating Rate Notes Yes Yes Yes N/A Index(3) Reference Rate Reference Rate N/A Spread(4Index Maturity(4) 1.45% 1.75% 3 month 3 month N/A Spread 1.85% 2.20% N/A Fixed Rate of Interest(4Interest(5) N/A N/A 2.83% N/A Initial Rating(s): Fitch "AAAsf" N/A N/A S&P “"AAA(sf)” “AA(sf" "AAA(sf)” “AA(sf)” " N/A Priority Class(es) None A A AX-0 X-0, B-1, B-F Pari X-0 Xxxx Passu Class(es) None B-F B-1 None None Junior Class(es) B-1A-2, B-F, Preferred Shares Preferred Shares Preferred Shares None Interest deferrable No No No N/A Form Book-Entry Book-Entry Book-Entry Physical
Appears in 1 contract
Samples: Indenture and Security Agreement (Owl Rock Capital Corp)
Authorized Amount; Stated Maturity; Denominations. The aggregate principal amount of Securities Debt that may be authenticated and delivered under this Indenture, Indenture or the Fiscal Agency Class A-L Loan Agreement (assuming, solely for the purposes of this Section 2.3, that each preferred share has a principal amount of U.S.$1,000) and the Memorandum and Articles is limited to U.S.$395,500,000 U.S.$448,325,000 (including the amount of the Class A-1 Notes upon Conversion of the Class A-L Loans) (except for Securities (i) Debt authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Securities Debt pursuant to Section 2.42.5, Section 2.6, Section 2.7 2.12 or Section 8.5 of this Indenture and (ii) additional securities issued in accordance with Sections 2.13 and 3.2 or additional loans incurred pursuant to the Memorandum and ArticlesClass A-L Loan Agreement). Such Securities Debt shall be divided into the Classes, having the designations, original principal amounts and other characteristics as follows: Class Designation Class A A-1 Notes Class B-1 A-1F Notes Class BA-F L Loans Class B Notes Preferred Shares(1Class C Notes Class D Notes Subordinated Notes Original Principal Amount(1) Applicable Issuer Issuers Issuers Issuers Issuer Initial Principal Amount(2U.S.$199,000,000(2) U.S.$224,000,000 U.S.$26,000,000 U.S.$10,000,000 U.S.$137,775,000 U.S.$34,250,000(2) U.S.$30,000,000 U.S.$47,250,000 U.S.$31,500,000 U.S.$27,000,000 U.S.$79,325,000 Stated Maturity The Payment Date in June 2032 The April 2034 Payment Date in June 2032 The April 2034 Payment Date in June 2032 April 2034 Payment Date in April 2034 Payment Date in April 2034 Payment Date in April 2034 Payment Date in April 2034 Interest Rate: Index Reference Rate N/A Interest Rate: Floating Reference Rate Notes Yes Yes Yes N/A Index(3) Reference Rate Reference Rate Reference Rate N/A Spread(4Spread(3) 1.451.80% 1.754.415% N/A N/A Fixed Rate of Interest(4) N/A N/A 2.831.80% 2.30% 3.15% 4.15% N/A Initial Rating(s): S&P “AAA(sf)” “AA(sf)” “AA(sf)” NRating: AAA (sf) AAA (sf) AAA (sf) AA (sf) A (sf) BBB- (sf) X/A Priority X Xxxxxxxx Xxxxx(xx) Xxxx Xxxx Xxxx X-0, X-0X, X-X X-0, X-0X, A-L, B X-0, X-0X, X-X, X, X X-0, X-0X, A-L, B, C, D Junior Class(es) B, C, D, Subordinated B, C, D, Subordinated B, C, D, Subordinated C, D, Subordinated D, Subordinated Subordinated None A A A, B-1, B-F Pari Passu Class(es) X-0X, X-X X-0, A-L A-1, A-1F None B-F B-1 None Junior Class(es) B-1, B-F, Preferred Shares Preferred Shares Preferred Shares None None Listed Debt Yes No No Yes Yes No No Interest deferrable No No No No Yes Yes N/A Re-Pricing Eligible Debt No No No Yes Yes Yes N/A ERISA Restricted Note No No No No No No Yes Form Book-Entry (Physical for IAIs) Book-Entry (Physical for IAIs) Registered Loans Book-Entry Physical(Physical for IAIs) Book-Entry (Physical for IAIs) Book-Entry (Physical for IAIs) Physical (1) As of the Closing Date. (2) After the Closing Date, by written notice of 100% of the holders of the Class A-L Loans, all of the Class A-L Loans may be converted into Class A-1 Notes as set forth herein and under the Class A-L Loan Agreement. Upon such conversion, the Aggregate Outstanding Amount of the Class A-1 Notes will be increased by the current outstanding principal amount of the Class A-L Loans to be converted. For the avoidance of doubt, the initial principal amount of the Class A-1 Notes set forth in this table represents the principal amount of Class A-1 Notes as of the Closing Date.
Appears in 1 contract
Samples: Indenture and Security Agreement (Nuveen Churchill Direct Lending Corp.)
Authorized Amount; Stated Maturity; Denominations. The aggregate principal amount of Securities Secured Notes that may be authenticated and delivered under this Indenture, the Fiscal Agency Agreement (assuming, solely for the purposes of this Section 2.3, that each preferred share has a principal amount of U.S.$1,000) Indenture and the Memorandum and Articles Class A Loans that may be incurred under the Credit Agreement is limited to U.S.$395,500,000 U.S.$390,000,000 (except for Securities Secured Debt authenticated and delivered or incurred upon registration of transfer of, or in exchange for, or in lieu of, other Securities Secured Debt pursuant to Section 2.4, Section 2.6, Section 2.7 or Section 8.5 of this Indenture and the Memorandum and ArticlesIndenture). Such Secured Debt and the Subordinated Securities that will be issued by the Issuer on the Closing Date pursuant to its Memorandum and Articles shall be divided into the Classes, having the designations, original principal amounts and other characteristics as follows: Class Designation Class A Notes Class B-1 Notes Class BA-F Notes Preferred Shares(1A Loans B Notes Subordinated Securities(1) Applicable Issuer Issuers Issuers Issuers Issuers Issuer Initial Original Principal Amount(2) U.S.$224,000,000 U.S.$26,000,000 U.S.$10,000,000 U.S.$137,775,000 U.S.$242,000,000 U.S.$30,000,000 U.S.$50,000,000 U.S.$68,000,000 U.S.$206,106,000 Stated Maturity The Payment Date in June 2032 May 2031 The Payment Date in June 2032 May 2031 The Payment Date in June 2032 May 2031 The Payment Date in May 2031 N/A Fixed Rate Debt No Yes No No N/A Interest Rate: Floating Rate Notes Debt Yes No Yes Yes N/A Index(3Index LIBOR N/A LIBOR LIBOR N/A Index Maturity(3) Reference Rate Reference Rate 3 month N/A 3 month 3 month N/A Spread(4) 1.451.80% 1.75N/A 1.80% 2.70% N/A Fixed Rate of Interest N/A 4.165% N/A N/A Fixed Rate of Interest(4) N/A N/A 2.83% N/A Initial Rating(s): S&P “AAA(sf)” “AA(sfAAA(sf)” “AAA(sf)” “AA(sf)” N/A Priority Class(es) None None None A A Notes, A, B-1, B-F Notes, A Loans A Notes, A-F Notes, A Loans, B Pari Passu Class(es) None BA-F B-1 Notes, A Loans A Notes, A Loans A Notes, A-F Notes None None Junior Class(es) B-1B, Subordinated Securities B-F, Preferred Shares Preferred Shares Preferred Shares Subordinated Securities B, Subordinated Securities Subordinated Securities None Interest deferrable No No No No N/A Form Book-Entry Book-Entry Physical Book-Entry PhysicalPhysical The Secured Notes shall be issued in minimum denominations of U.S.$250,000 and integral multiples of U.S.$1.00 in excess thereof (the “Minimum Denominations”).
Appears in 1 contract
Samples: Indenture and Security Agreement (Owl Rock Capital Corp)
Authorized Amount; Stated Maturity; Denominations. The aggregate principal amount of Securities Secured Notes and Subordinated Notes that may be authenticated and delivered under this Indenture, the Fiscal Agency Agreement (assuming, solely for the purposes of this Section 2.3, that each preferred share has a Indenture is limited to U.S.$426,850,000 aggregate principal amount of U.S.$1,000) and the Memorandum and Articles is limited to U.S.$395,500,000 Notes (except for Securities (i) Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Securities Notes pursuant to Section 2.42.5, Section 2.6, Section 2.7 2.6 or Section 8.5 of this Indenture or (ii) Additional Notes issued in accordance with Sections 2.13 and the Memorandum and Articles3.2). Such Securities Notes shall be divided into the Classes, having the designations, original principal amounts and other characteristics as follows: Notes Class Designation Class A Notes Class B-1 Notes Class B-F Notes Preferred Shares(1) Applicable Issuer Issuers Issuers Issuers Issuer Initial B C-1 C-2 D2 Subordinated Original Principal Amount(2) U.S.$224,000,000 U.S.$26,000,000 U.S.$10,000,000 U.S.$137,775,000 Amount U.S. $224,000,000 U.S. $28,000,000 U.S. $36,000,000 U.S. $10,000,000 U.S. $28,000,000 U.S. $100,850,000 Stated Maturity The Payment Date in June 2032 The Payment Date in June 2032 The Payment Date in June 2032 N/A April 15, 2033 April 15, 2033 April 15, 2033 April 15, 2033 April 15, 2033 March 11, 2121 Interest Rate: Floating Rate Notes Yes Yes Yes N/A Index(3) Reference Rate Reference Rate N/A Spread(4) 1.45Rate1 LIBOR + 1.60% 1.75LIBOR + 1.85% N/A LIBOR + 2.80% 3.91% LIBOR + 5.00%3 N/A Fixed Rate of Interest(4) Note No No No Yes No N/A N/A 2.83% Floating Rate Note Yes Yes Yes No Yes N/A Initial Rating(s): S&P Rating “AAA(sf)” “AA(sf)” “AA(sfA(sf)” “A(sf)” “BBB-(sf)” N/A Priority Class(es) Classes None A A A, B-1B A, B A, B-F , C A, B, C, D Pari Passu Class(es) Classes None None C-0 X-0 Xxxx Xxxx Junior Classes B-F B-1 , C, D, Subordinated C, D, Subordinated D, Subordinated D, Subordinated Subordinated None Junior Class(es) B-1, B-F, Preferred Shares Preferred Shares Preferred Shares None Interest deferrable Listed Notes Yes No No No No No Interest Deferrable No No Yes Yes Yes N/A Form Book-Entry Book-Entry Book-Entry Physical1 The spread over LIBOR for each Class of Secured Notes (other than the Class A Notes) is subject to reduction pursuant to Section 9.8. 2 On the Closing Date, the Issuer will issue the Unfunded Class (the Class D Notes) to the initial holder(s) thereof. The initial principal amount of the Class D Notes set forth in the table above is a notional amount representing the aggregate principal amount of the Class D Notes (the “Aggregate Unfunded Class Amount”) and is undrawn on and as of the Closing Date. On each Funding Date, the principal amount of the Class D Notes will be set forth in the Unfunded Class Funding Notice for such Funding Date; provided that no Unfunded Class Funding shall be permitted if after giving effect to such Unfunded Class Funding the Aggregate Funded Amount would exceed the Aggregate Unfunded Class Amount. The Class D Notes will not be “Outstanding” on the Closing Date, and except for purposes of transfers of Notes prior to the Funding Date (if any) will have an initial Aggregate Outstanding Amount of zero until such time as the applicable Funding Date (if any) occurs pursuant to Section 2.14. 3 The spread or fixed interest rate, as applicable, for the Class D Notes will be set in connection with the Funding Date (if any); provided that the spread or interest rate, as applicable, will not be greater than the spread or fixed interest rate specified above. The Secured Notes (other than the Class D Notes) shall be issued in minimum denominations of U.S.$250,000 and integral multiples of U.S.$1.00 in excess thereof. The Class D Notes will be issued in minimum denominations of U.S.$500,000 and integral multiples of U.S.$1.00 in excess thereof. The Subordinated Notes shall be issued in minimum denominations of U.S.$3,000,000 and integral multiples of U.S.$1.00 in excess thereof. Notes shall only be transferred or resold in compliance with the terms of this Indenture.
Appears in 1 contract
Samples: Golub Capital BDC 3, Inc.
Authorized Amount; Stated Maturity; Denominations. The aggregate principal amount of Securities Notes that may be authenticated and delivered under this Indenture, the Fiscal Agency Agreement (assuming, solely for the purposes of this Section 2.3, that each preferred share has a Indenture is limited to U.S.$410,000,000 aggregate principal amount of U.S.$1,000) and the Memorandum and Articles is limited to U.S.$395,500,000 (Notes, except for Securities authenticated and delivered upon registration of transfer ofDeferred Interest with respect to the Deferred Interest Notes, or in exchange for, or in lieu of, other Securities Additional Notes issued pursuant to Section 2.4, Section 2.6, Section 2.7 or Section 8.5 of this Indenture 2.4 and the Memorandum and Articles)Notes issued pursuant to supplemental indentures in accordance with Article VIII. Such Securities Notes shall be divided into the Classes, having the designations, original principal amounts and other characteristics as follows: Class Designation Class A A-1-R Notes Class B-1 A-2-R Notes Class B-F R Notes Preferred Shares(1) Applicable Issuer Issuers Issuers Issuers Issuer Class C-R Notes Interests**** Type Senior Secured Floating Rate Senior Secured Floating Rate Secured Deferrable Floating Rate Secured Deferrable Floating Rate Interests Initial Principal Amount(2Amount /Face Amount (U.S.$) U.S.$224,000,000 U.S.$26,000,000 U.S.$10,000,000 U.S.$137,775,000 Stated Maturity The Payment Date in June 2032 The Payment Date in June 2032 The Payment Date in June 2032 U.S. $282,500,000 U.S. $55,000,000 U.S. $47,500,000 U.S. $25,000,000 U.S. $102,250,000 Fitch Initial Rating “AAA sf” “AA sf” “A sf” “BBB+ sf” N/A Interest Rate* Reference Rate** + 1.50% Reference Rate** + 2.00% Reference Rate** + 2.60% Reference Rate** + 3.75% N/A Stated Maturity Distribution Date in October, 2033 Distribution Date in October, 2033 Distribution Date in October, 2033 Distribution Date in October, 2033 N/A Minimum Denominations*** (U.S.$) (Integral Multiples) U.S.$250,000 (U.S.$1.00) U.S.$250,000 (U.S.$1.00) U.S.$250,000 (U.S.$1.00) U.S.$250,000 (U.S.$1.00) N/A Ranking of the Notes: Floating Rate Pari Passu Class(es) None None None None None Priority Class(es) None A-1-R, A-1-R, A-2-R A-1-R, A-2-R, B-R A-1-R, A-2-R, B-R, C-R Junior Class(es) A-2-R, B-R, C-R, Interests B-R, C-R, Interests C-R, Interests Interests None Deferred Interest Notes Yes No No Yes Yes N/A Index(3) Reference Rate Reference Rate N/A Spread(4) 1.45% 1.75% N/A N/A Fixed Rate of Interest(4) N/A N/A 2.83% N/A Initial Rating(s): S&P “AAA(sf)” “AA(sf)” “AA(sf)” N/A Priority Class(es) None A A A, B-1, BRe-F Pari Passu Class(es) None B-F B-1 None Junior Class(es) B-1, B-F, Preferred Shares Preferred Shares Preferred Shares None Interest deferrable Pricing Eligible Notes No No No Yes Yes N/A Form Book-Entry (Physical for AIs) Book-Entry (Physical for AIs) Book-Entry Physical(Physical for AIs) Book-Entry (Physical for AIs) Physical Non-U.S. Holders Permitted Yes Yes Yes Yes No * The spread over the Reference Rate (or, in the case of any Fixed Rate Notes, the Interest Rate) applicable to any Class of Re-Pricing Eligible Notes may be reduced in connection with a Re-Pricing of such Class of Re-Pricing Eligible Notes, subject to the conditions set forth in Section 9.8. ** The initial Reference Rate with respect to the Floating Rate Notes will be LIBOR. The Reference Rate for calculating interest on the Notes may be replaced with an Alternative Rate as set forth herein. *** An exception to the minimum denominations may be granted by the Issuer in accordance with Article VIII hereof. The Notes shall be issued in minimum denominations of U.S.$250,000 and integral multiples of U.S.$1.00 in excess thereof (the “Authorized Denominations”); provided that an exception to the minimum denominations may be granted by the Issuer solely to allow for compliance with applicable Risk Retention Regulations.
Appears in 1 contract
Authorized Amount; Stated Maturity; Denominations. The aggregate principal amount of Securities Notes that may be authenticated and delivered under this Indenture, the Fiscal Agency Agreement (assuming, solely for the purposes of this Section 2.3, that each preferred share has a Indenture is limited to U.S.$323,400,000 aggregate principal amount of U.S.$1,000) and the Memorandum and Articles is limited to U.S.$395,500,000 Notes (except for Securities (i) Deferred Interest with respect to the Class C Notes and the Class D Notes, (ii) Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Securities Notes pursuant to Section 2.4Sections 2.5, Section 2.6, Section 2.7 2.6 or Section 8.5 of this Indenture or (iii) Additional Notes issued in accordance with Sections 2.13 and the Memorandum and Articles3.2). Such Securities Notes shall be divided into the Classes, having the designations, original principal amounts and other characteristics as follows: Notes Class Designation Class A Notes Class B-1 Notes Class B-F Notes Preferred Shares(1) Applicable Issuer Issuers Issuers Issuers Issuer Initial B C D Original Principal Amount(2) U.S.$224,000,000 U.S.$26,000,000 U.S.$10,000,000 U.S.$137,775,000 Amount1 U.S.$220,000,000 U.S.$32,500,000 U.S.$42,300,000 U.S.$28,600,000 Stated Maturity The Payment Date in June 2032 The Payment Date in June 2032 The Payment Date in June 2032 N/A 2028 2028 2028 2028 Fixed Rate Note No No No No Interest Rate: Floating Rate Notes Note Yes Yes Yes N/A Index(3) Reference Rate Reference Rate N/A Spread(4) 1.45Yes Index LIBOR LIBOR LIBOR LIBOR Index Maturity 3 month 3 month 3 month 3 month Spread2 2.15% 1.753.00% 3.10% 3.25% Initial Rating(s): Moody’s “Aaa (sf)” “Aa1(sf)” “A2(sf)” “Baa3(sf)” S&P “AAA(sf)” N/A N/A Fixed Rate of Interest(4) N/A N/A 2.83% N/A Initial Rating(s): S&P “AAA(sf)” “AA(sf)” “AA(sf)” N/A Priority Class(es) Classes None A A A, B-1B X,X,X Xxxior Classes B, B-F Pari Passu Class(es) C, D C, D D None B-F B-1 None Junior Class(es) B-1, B-F, Preferred Shares Preferred Shares Preferred Shares None Listed Notes Yes Yes Yes Yes Interest deferrable No No No N/Yes Yes 1 Or such other prices in privately negotiated transactions determined at the time of sale. 2 The spread over LIBOR for each Class of Notes (other than the Class A Form Book-Entry Book-Entry Book-Entry PhysicalNotes and the Class B Notes) is subject to reduction pursuant to Section 9.8. The Notes shall be issued in minimum denominations of U.S.$250,000 and integral multiples of U.S.$1,000 in excess thereof. Notes shall only be transferred or resold in compliance with the terms of this Indenture.
Appears in 1 contract
