Common use of Reports to Rating Agency and Additional Recipients Clause in Contracts

Reports to Rating Agency and Additional Recipients. In addition to the information and reports specifically required to be provided to the Rating Agency (so long as it is rating a Class of Secured NotesDebt) pursuant to the terms of this Indenture, the Issuer shall provide the Collateral Manager and the Rating Agency (so long as it is rating a Class of Secured NotesDebt) with all information or reports delivered to the Trustee hereunder (with the exception of any Accountants’ Certificates) and the Trustee shall provide all such information to the Initial Purchaser upon the Initial Purchaser’s written request, and, subject to Section 14.3(c), such additional information (with the exception of any Accountants’ Certificates) as the Rating Agency (so long as it is rating a Class of Secured NotesDebt) may from time to time reasonably request (including notification to the Rating Agency of any modification of any loan document relating to a DIP Collateral Obligation or any release of collateral thereunder not permitted by such loan documentation, any modification of payment schedule, extensions of maturity, nonpayment of interest or principal, prepayments and any other information that, in the Collateral Manager’s reasonable business judgment, may have a material adverse impact on the collateral quality of such DIP Collateral Obligation and notification to the Rating Agency of any Specified Event of which the Issuer has knowledge, which notice to the Rating Agency shall include a copy of any such amendment related to a Specified Event and a brief summary of its purposes, as applicable). Within 10 Business Days after the Effective Date, together with each Monthly Report and on each Payment Date, the Issuer shall provide to the Rating Agency, via e-mail in accordance with Section 14.3(a), a Microsoft Excel file of the Excel Default Model Input File and, with respect to each Collateral Obligation, the name of each Obligor thereon, the CUSIP number thereof (if applicable) and whether it is a Senior Secured Loan, a Second Lien Loan, a Qualified First Lien Loan, a First Lien/Last Out Loan, a Senior Secured Loan with a Senior Revolver Facility or a Cov-Lite Loan.

Reports to Rating Agency and Additional Recipients. In addition to the information and reports specifically required to be provided to the Rating Agency (so long as it is rating a Class of Secured NotesDebt) pursuant to the terms of this Indenture, the Issuer shall provide the Collateral Manager and the Rating Agency (so long as it is rating a Class of Secured NotesDebt) with all information or reports delivered to the Trustee hereunder (with the exception of any accountants’ reports or any Accountants’ CertificatesReport) and the Trustee shall provide all such information to the Initial Purchaser upon the Initial Purchaser’s written request, and, subject to Section 14.3(c), such additional information (with the exception of any Accountants’ Certificates) as the Rating Agency (so long as it is rating a Class of Secured NotesDebt) may from time to time reasonably request (including notification to the Rating Agency S&P of any modification of any loan document relating to a DIP Collateral Obligation or any release of collateral thereunder not permitted by such loan documentationdocumentation but excluding any accountants’ reports or any Accountants’ Report). With respect to credit estimates, any modification of payment schedule, extensions of maturity, nonpayment of interest or principal, prepayments and any other information that, in the Collateral Manager’s reasonable business judgment, may have a material adverse impact on the collateral quality of such DIP Collateral Obligation and Issuer shall provide notification to the Rating Agency of any Specified Event of which the Issuer has knowledge, which notice material modification that would result in substantial changes to the Rating Agency shall include a copy terms of any such amendment related loan document relating to a Specified Event and a brief summary Collateral Obligation or any release of its purposes, collateral thereunder not permitted by such loan documentation if the Collateral Manager reasonably believes that such notice is required in accordance with S&P’s publication on credit estimates titled “Credit FAQ: Anatomy Of A Credit Estimate: What It Means And How We Do It?” dated January 2021 (as applicablethe same may be amended or updated from time to time). Within 10 Business Days after the Effective Date, together with each Monthly Report and on each Payment Date, the Issuer shall provide to the Rating Agency, via e-mail in accordance with Section 14.3(a), a Microsoft Excel file of the Excel Default Model Input File and, with respect to each Collateral Obligation, the name of each Obligor thereonobligor or issuer thereof, the CUSIP number thereof (if applicable) and whether it is a Senior Secured Loanthe Priority Category thereof. In accordance with SEC Release No. 34-72936, a Second Lien LoanForm 15-E, a Qualified First Lien Loanonly in its complete and unedited form which includes the Accountants’ Effective Date Comparison AUP Report as an attachment, a First Lien/Last Out Loan, a Senior Secured Loan with a Senior Revolver Facility or a Covwill be provided by the Independent accountants to the Issuer who will post such Form 15-Lite LoanE on the 17g-5 website.

Reports to Rating Agency and Additional Recipients. In addition to the information and reports specifically required to be provided to the Rating Agency (so long as it is rating a Class of Secured NotesDebtRated Notes) pursuant to the terms of this Indenture, the Issuer shall provide the Collateral Manager and the Rating Agency (so long as it is rating a Class of Secured NotesDebtRated Notes) with all information or reports delivered to the Trustee hereunder (with the exception of any Accountants’ Certificates) and the Trustee shall provide all such information to the Initial Purchaser Placement Agent upon the Initial PurchaserPlacement Agent’s written request, and, subject to Section 14.3(c), such additional information (with the exception of any Accountants’ Certificates) as the Rating Agency (so long as it is rating a Class of Secured NotesDebtRated Notes) may from time to time reasonably request (including notification to the Rating Agency of any modification of any loan document relating to a DIP Collateral Obligation or any release of collateral thereunder not permitted by such loan documentation, any modification of payment schedule, extensions of maturity, nonpayment of interest or principal, prepayments and any other information that, in the Collateral Manager’s reasonable business judgment, may have a material adverse impact on the collateral quality of such DIP Collateral Obligation and notification to the Rating Agency of any Specified Event of which the Issuer has knowledge, which notice to the Rating Agency shall include a copy of any such amendment related to a Specified Event and a brief summary of its purposes, as applicable)request. Within 10 Business Days after the Effective Date, together with each Monthly Report and on each Payment Date, the Issuer shall provide to the Rating Agency, via e-mail in accordance with Section 14.3(a), a Microsoft Excel file of the Excel Default Model Input File and, with respect to each Collateral Obligation, the name of each Obligor thereon, the CUSIP number thereof (if applicable) and whether it is a Senior Secured Loan, a Second Lien Loan, a Qualified First Lien Loan, a First Lien/Last Out Loan, a Senior Secured Loan with a Senior Revolver Facility or a Cov-Lite Loan. The Collateral Manager shall also provide the Rating Agency written notice of (i) the occurrence of any of the following relating to a DIP Collateral Obligation: any modification of any loan document or any release of collateral thereunder not permitted by such loan documentation, any modification of payment schedule, extensions of maturity, nonpayment of interest or principal, prepayments and any other information that, in the Collateral Manager’s reasonable business judgment, may have a material adverse impact on the collateral quality of such DIP Collateral Obligation and (ii) any Specified Event of which the Issuer has knowledge, which notice to the Rating Agency shall include a copy of any such amendment related to a Specified Event and a brief summary of its purposes, as applicable.

Reports to Rating Agency and Additional Recipients. In addition to the information and reports specifically required to be provided to the Rating Agency (so long as it is then rating a Class of Secured NotesDebt) Notes pursuant to the terms of this Indenture, the Issuer shall provide the Collateral Manager and the Rating Agency (so long as it is then rating a Class of Secured NotesDebt) Notes with all information or reports delivered to the Trustee hereunder (with including the exception of any Accountants’ CertificatesEffective Date Comparison AUP Report but excluding any other Accountants’ Reports) and the Trustee shall provide all such information to the Initial Purchaser upon the Initial Purchaser’s written request, and, subject to Section 14.3(c), (x) such additional information (with including the exception of any Accountants’ CertificatesEffective Date Comparison AUP Report but excluding any other Accountants’ Reports) as the any Rating Agency (so long as it is then rating a Class of Secured NotesDebt) Notes may from time to time reasonably request (including the following items which will be delivered to S&P: (i) notification to the Rating Agency of any modification of any loan document relating to a DIP Collateral Obligation or any release of collateral thereunder not permitted by such loan documentation, any modification of payment schedule, extensions of maturity, nonpayment of interest or principal, prepayments and any other information that, in the Collateral Manager’s reasonable business judgment, may have a material adverse impact on the collateral quality of such DIP Collateral Obligation and (ii) notification to the Rating Agency then rating a Class of Secured Notes of any Trading Plan failure and (iii) notification to S&P of any Specified Event of which the Issuer has knowledgeEvent, which notice to the Rating Agency shall include a copy of any such amendment related to a Specified Event and a brief summary description of its purposes, as applicable)such event) and (y) at least annually (if not sooner) any Information with respect to a Collateral Obligation the S&P Rating of which is determined pursuant to clause (iii)(C) of the definition of the term “S&P Rating”. Within 10 Business Days after the Effective Date, together with each Monthly Report and on each Payment DateDistribution Report, the Issuer shall provide to the Rating AgencyS&P, via e-mail in accordance with Section 14.3(a), a Microsoft Excel file of the Excel Default Model Input File and, with respect to each Collateral Obligation, the name of each Obligor obligor thereon, the CUSIP number thereof (if applicable) and whether it is a Senior Secured Loanthe Priority Category (as specified in the definition of “Weighted Average S&P Recovery Rate”). In accordance with SEC Release No. 34-72936, a Second Lien LoanForm 15-E, a Qualified First Lien Loanonly in its complete and unedited form which includes the Accountants’ Effective Date Comparison AUP Report as an attachment, a First Lien/Last Out Loan, a Senior Secured Loan with a Senior Revolver Facility will be provided by the Independent accountants to the Issuer and the 17g-5 Information Agent who will post or a Covcause to be posted such Form 15-Lite LoanE on the 17g-5 Website.