FIRST AMENDMENT TO CREDIT AND SECURITY AGREEMENTCredit and Security Agreement • February 2nd, 2023 • Saratoga Investment Corp. • New York
CREDIT AND SECURITY AGREEMENT, dated as of October 4, 2021, as amended on January 27, 2022 (this “Agreement”), by and among saratoga investment funding ii llc, a Delaware limited liability company, as borrower (the “Borrower”), SARATOGA INVESTMENT CORP., a Maryland corporation, as Collateral Manager (in such capacity, the “Collateral Manager”), and as Equityholder (in such capacity, the “Equityholder”), the LENDERS from time to time party hereto, ENCINA LENDER FINANCE, LLC (“Encina”), as administrative agent for the Secured Parties (as hereinafter defined) (in such capacity, the “Administrative Agent”) and as collateral agent for the Secured Parties (in such capacity, the “Collateral Agent”), U.S. Bank national association (“U.S. Bank”), as collateral custodian for the Secured Parties (in such capacity, the “Custodian”), and as collateral administrator (in such capacity, the “Collateral Administrator”).
