Amendment No. 1 to Loan Agreement between Owl Rock Feeder FIC LLC and Owl Rock Technology Finance Corporation II
This amendment updates the loan agreement between Owl Rock Feeder FIC LLC (Lender) and Owl Rock Technology Finance Corporation II (Borrower), effective March 14, 2022. The main change is how interest is calculated on advances under the revolving note, specifying different interest rate benchmarks for advances made before and after the amendment date. The amendment also clarifies that the specific interest rate for each advance will be listed in the loan documentation. All other terms of the original agreement remain unchanged.
Exhibit 10.8
AMENDMENT TO LOAN AGREEMENT
THIS AMENDMENT No. 1 (the “Amendment”) to the LOAN AGREEMENT (the “Agreement”) by and between Owl Rock Feeder FIC LLC, a Delaware limited liability company (“Lender”) and Owl Rock Technology Finance Corporation II, a Maryland corporation (the “Borrower”) is made, entered into and effective as of March 14, 2022 (the “Effective Date”).
RECITALS
WHEREAS, capitalized terms used but not defined herein, have the meaning given thereto in the Agreement; and
WHEREAS, the parties desire to enter into this Amendment to modify the manner in which interest is calculated.
AGREEMENTS
NOW THEREFORE, in consideration of the mutual covenants hereinafter contained, it is hereby agreed as follows:
Interest.
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IN WITNESS WHEREOF, each of the Borrower and Lender have caused this Amendment No. 1 to be executed and delivered by its respective duly authorized officer, as of the date first shown above.
Owl Rock Technology Finance Corp. II
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| By: | /s/ Jonathan Lamm |
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| Jonathan Lamm |
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| Chief Operating Officer and Chief Financial Officer |
Owl Rock Feeder FIC LLC
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| By: | /s/ Alan Kirshenbaum |
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| Alan Kirshenbaum |
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| Chief Financial Officer |