Co-Lender Agreement Main Street

Note that for existing multi-Lender devices regarding MSELF, the assignment-in-blank form that must be submitted to the Main Street Program SPV is not the above form. Instead, the form would come from the documentation relating to the existing multi-Lender facility. The co-Lender agreement is concluded only in conjunction with a bilateral Main Street facility and offers the agency and operating mechanics necessary to place several lenders in an agreement between the authorized lender and the borrower. It is essential that the equity agreement stipulate that the authorized lender retains the exclusive authority to exercise all votes, rights and remedies with respect to the Main Street loan, with the exception of the Core Rights Acts.

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