Under Rule 18f-4, a BDC may enter into an unfunded commitment agreement that is not a derivatives transaction,such as an agreement to provide financing to a portfolio company, if the BDC has, among other things, a reasonable belief,at the time it enters into such an agreement, that it will have sufficient cash and cash equivalents to meet its obligations with respect to all of its unfunded commitment agreements, in each case as they become due. Unfunded commitment agreements entered into by a BDC in compliance with this condition will not be considered for purposes of computing asset coverage for purposes of compliance with the 1940 Act with respect to our use of leverage as well as derivatives and/or other financial contracts.

In the ordinary course of its business, the Company enters into contracts or agreements that contain indemnification provisions or warranties. Future events could occur that lead to the execution of these provisions against the Company. The Company believes that the likelihood of such an event is remote; however, the maximum potential exposure is unknown. No accrual has been made in the consolidated financial statements as of June 30, 2026 or December 31, 2025, for any such exposure.

A summary of significant contractual payment obligations was as follows as of June 30, 2026:


	Payments Due by Period as of June 30, 2026
	Total		Less Than 1 Year		1 to 3 Years		3 to 5 Years		More Than 5 Years
ING Credit Facility	$	87,000	$	-	$	-	$	87,000	$	-
DB Credit Facility		365,500		-		-		365,500		-
Securitization Debt		312,891		-		-		312,891		-
2025 Notes		200,000		-		125,000		75,000		-

The Company had the following unfunded commitments to fund delayed draw, revolving senior secured loans, and other equity as of June 30, 2026 and December 31, 2025:


	Par Value as of
	June 30, 2026		December 31, 2025
Delayed draw loan commitments	$	175,119	$	100,480
Revolving loan commitments		85,874		69,996
Other equity commitments		62,862		8,919
Total unfunded commitments	$	323,855	$	179,395