Common use of Control Based and Other Restrictions Clause in Contracts

Control Based and Other Restrictions. Effective as of the Closing: (a) the following provisions of the AIA SPV LLC Agreement shall be disregarded and no longer of any force or effect: (i) the proviso in the definition of “Qualifying Event” in Section 1.106; (ii) the proviso in Section 5.02 (Distributions); (iii) the proviso in Section 5.03 (Mandatory Distributions); (iv) Section 5.04 (Demand Distribution of Securities); (v) Section 5.05 (Ordinary Course Distributions); (vi) Section 8.04(a) (Demand Liquidity Event); (vii) the first proviso in the second sentence of Section 8.04(b) (Demand Liquidity Event); (viii) Section 8.05 (Drag Along); and (ix) Section 11.14 (Initial Public Offering). (b) the following provisions of the ALICO SPV LLC Agreement shall be disregarded and no longer of any force or effect: (i) the proviso in the definition of “Qualifying Event” in Section 1.92; (ii) the proviso in Section 5.02 (Distributions); (iii) clause (i) of the proviso in Section 5.04 (Mandatory Distributions); and (iv) Section 8.08 (MetLife Demand Liquidity Event).

Control Based and Other Restrictions. Effective as of the Closing: (a) the following provisions of the AIA SPV LLC Agreement shall be disregarded and no longer of any force or effect: (i) the proviso in the definition of “Qualifying Event” in Section 1.106; (ii) the proviso in Section 5.02 (Distributions); (iii) the proviso in Section 5.03 (Mandatory Distributions); (iv) Section 5.04 (Demand Distribution of Securities); (v) Section 5.05 (Ordinary Course Distributions); (vi) Section 8.04(a) (Demand Liquidity Event); (vii) the first proviso in the second sentence of Section 8.04(b) (Demand Liquidity Event); (viii) Section 8.05 (Drag Along); and (ix) Section 11.14 (Initial Public Offering). (b) the following provisions of the ALICO SPV LLC Agreement shall be disregarded and no longer of any force or effect: (i) the proviso in the definition of “Qualifying Event” in Section 1.92; (ii) the proviso in Section 5.02 (Distributions); (iii) clause (i) of the proviso in Section 5.04 (Mandatory Distributions); and (iv) Section 8.08 (MetLife Demand Liquidity Event). 60 (NY) 07865/002/RECAPITALIZATION/Master.Transaction.Agt.doc