Notice of Commitment Reduction under Revolving Credit and Security Agreement between Golub Capital BDC 3, Inc., GBDC 3 Funding LLC, and Signature Bank

Summary

Golub Capital BDC 3, Inc. and GBDC 3 Funding LLC have notified Signature Bank that they are reducing the maximum borrowing commitment under their Revolving Credit and Security Agreement from $275 million to $180 million. This change will take effect on November 26, 2021. The letter serves as formal written notice of this reduction, as required by the agreement.

EX-10.1 2 tm2134059d1_ex10-1.htm EXHIBIT 10.1

 

Exhibit 10.1

 

November 19, 2021

 

Signature Bank

2 Penn Plaza, Suite 1712

New York, New York 10121

Attention: Trevor Freeman

Telephone: (646) 968-4337

Email: ***@***

 

RE: Reduction of Commitment

 

Pursuant to Section 3.5 of the Revolving Credit and Security Agreement, please accept this letter as written notice to reduce the Maximum Commitment from $275,000,000 to $180,000,000. Please note that this reduction shall be made effective on November 26th, 2021.

 

If you have any questions, please contact Michaela Berman at ###-###-####. Thank you.

 

BORROWERS:

 

GOLUB CAPITAL BDC 3, INC.  
   
By: /s/ Christopher Ericson  
Name: Christopher Ericson  
Title: Authorized Signatory  
   
GBDC 3 FUNDING LLC  
   
By: /s/ Christopher Ericson  
Name: Christopher Ericson  
Title: Authorized Signatory