Incentive Fee Waiver Agreement between Oak Hill Advisors, L.P. and OHA Investment Corporation (2017-2018)

Contract Categories: Business Finance › Waiver Agreements
Summary

Oak Hill Advisors, L.P. and OHA Investment Corporation have agreed that Oak Hill Advisors will waive any incentive fees that would otherwise be owed by OHA Investment Corporation for the fiscal years ending December 31, 2017 and December 31, 2018, under their existing Investment Advisory Agreement. Any extension of this waiver beyond 2018 requires a new written agreement between both parties. This agreement is signed by authorized representatives of both companies.

Read More Arrow
EX-10.12 3 ohaiincentivefeewaiverex10.htm EXHIBIT 10.12 Exhibit

1114 Avenue of the Americas, 27th Floor
New York, NY 10036
 
November 10, 2017

OHA Investment Corporation
1114 Avenue of the Americas, 27th Floor
New York, NY 10036
 
Re: Incentive Fee Waiver
 
Dear Members of the Board of Directors of OHA Investment Corporation:
 
Reference is hereby made to the Investment Advisory Agreement (the “Agreement”) dated September 30, 2014, by and between Oak Hill Advisors, L.P. (the “Adviser”) and OHA Investment Corporation (the “Company”). Capitalized terms used but not defined herein shall have the meaning ascribed to them in the Agreement.
 
The Adviser hereby agrees to waive any Incentive Fee that would otherwise be paid by the Company to the Adviser under Section 5.3 of the Agreement relating to fiscal years ending December 31, 2017 and December 31, 2018. Thereafter, such waiver may be extended solely by means of a written agreement between both parties.
 
OAK HILL ADVISORS, L.P.
By: Oak Hill Advisors GenPar, L.P., its general partner

By: Oak Hill Advisors MGP, Inc., its managing general partner

By: /s/ Michael Blumstein        
Name: Michael Blumstein
Title: Authorized Signatory

Your signature below acknowledges acceptance of this Agreement:
OHA INVESTMENT CORPORATION
By: /s/ Steven Wayne        
Name: Steven Wayne
Title: President

Oak Hill Advisors, L.P.     1114 Avenue of the Americas, 27th Floor    New York, New York 10036     ###-###-####

www.oakhilladvisors.com