In the normal course of its business, the Company may enter into contracts that require it to make certain representations and warranties and which provide for general indemnifications. Given that these would involve future claims against the Company that have not yet been made, the Company’s potential exposure under these arrangements is unknown. Based upon past experience, management expects the risk of loss under these indemnification provisions to be remote.

From time to time, the Company may be a party to certain legal proceedings in the ordinary course of business, including proceedings relating to the enforcement of the Company’s rights under contracts with its portfolio companies. As of December 31, 2024, the Company is not aware of any pending or threatened litigation.

See Note 3 for a discussion of the Company’s conditional reimbursement to the Adviser under the Expense Support Agreement.

The Company may, from time to time, enter into commitments to fund investments. As of December 31, 2024 and 2023, the Company had the following outstanding commitments to fund investments in current portfolio companies:


	December 31, 2024		December 31, 2023
Unfunded delayed draw term loan commitments	$	11,734,864	$	3,926,790
Unfunded revolver obligations		13,819,371		15,736,196
	$	25,554,235	$	19,662,986

The Company maintains sufficient capacity to cover outstanding unfunded portfolio company commitments that the Company may be required to fund.