LOAN AND SECURITY AGREEMENTLoan and Security Agreement • December 20th, 2016 • FS Investment CORP
Contract Type FiledDecember 20th, 2016 CompanyThe 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 purchase, on a “true sale” or “true contribution” basis, of Eligible Loan Assets from (a) the Transferor pursuant to the Purchase and Contribution Agreement among the Borrower and the Transferor, or (b) other third parties, in each case, on the terms and conditions set forth herein. Accordingly, the parties hereto hereby agree as follows: