Up to $150,000,000 LOAN AND SERVICING AGREEMENT among OSCF LENDING III SPV, LLC, as the BorrowerLoan and Servicing Agreement • October 5th, 2023 • Oaktree Strategic Credit Fund
The Lenders have agreed, on the terms and conditions set forth herein, to provide a secured revolving credit facility which shall provide for Advances from time to time in an aggregate principal amount not to exceed the Maximum Facility Amount. The proceeds of the Advances will be used to finance the Borrower’s origination of Eligible Loan Assets or the purchase, on a “true sale” basis, of Eligible Loan Assets from (i) the Transferor pursuant to the Sale Agreement between the Borrower and the Transferor or (ii) other third parties, in each case, in accordance with the terms hereof. Accordingly, the parties agree as follows:
SALE AND PARTICIPATION AGREEMENT between OAKTREE STRATEGIC CREDIT FUND as Seller and OSCF LENDING III SPV, LLC as Purchaser Dated as of September 29, 2023Sale and Participation Agreement • October 5th, 2023 • Oaktree Strategic Credit Fund • New York
This SALE AND PARTICIPATION AGREEMENT, dated as of September 29, 2023 (as amended, supplemented or otherwise modified and in effect from time to time, this “Agreement”), between OAKTREE STRATEGIC CREDIT FUND, a Delaware limited partnership, as seller (in such capacity, the “Seller”) and OSCF LENDING III SPV, LLC, a Delaware limited liability company, as purchaser (in such capacity, the “Purchaser”).
