Common use of Deputy General Director Clause in Contracts

Deputy General Director. Deputy General Director of the Company for Financial Control appointed by the Company in accordance with Annex No. 3 hereto. Credit Facility Utilization - actual provision by the Lender to the Borrower of monetary funds within the Credit Facility Utilization Period in accordance herewith and on terms and conditions provided for herein. Credit Facility - set of Tranches provided by the Lender to the Borrower in accordance herewith and on terms and conditions provided for herein. Credit - monetary funds granted by the Lender to the Borrower that are repayable in accordance with the terms and conditions hereof. Company - Mechel Open Joint Stock Company, registered office: 0 Xxxxxxxxxxxxxxxx Xxx., Xxxxxx 000000, XXXX: 1037703012896, TIN: 0000000000. IFRS - shall mean International Financial Reporting Standards, referred to in Regulation No. 1606/2002 adopted by the European Parliament and Council of Europe on July 19, 2002, in the part applicable to the respective financial reporting. Independent financial advisor - any of the following international accounting companies: PricewaterhouseCoopers, E&Y, KPMG, Deloitte. Parties Liable - pledgors and guarantors under the Collateral documentation. Collateral documentation - pledge, guarantee and indemnity agreements concluded to secure the Borrower’s obligations hereunder in accordance with clause 5.1 hereof. Principal Debt - Credit amount provided to the Borrower and not repaid (not returned) on any date of the Agreement, including the one not paid (not returned) within the term set herein. Credit Facility Utilization Period - period during which the Borrower shall be entitled to use the Credit Facility line in accordance with clause 6.3 hereof. Interest period - period for which accrued interest is paid. Business day - day that is both a business day in countries of registration of the Lender, the Borrower and credit institutions through which settlements are made hereunder. Settlement account - the Borrower’s bank account in currency of the Russian Federation opened at the Bank. Foreign Currency Settlement Account - the Borrower’s bank account in foreign currency opened at the Bank. Restructuring - transactions (set of transactions) concluded by the Group company for purposes of Financial debt restructuring to credit institutions on the date of signing Additional Agreement No. 1, provided that:

Deputy General Director. Deputy General Director of the Company for Financial Control appointed by the Company in accordance with Annex No. 3 hereto. Credit Facility Utilization - actual provision by the Lender to the Borrower of monetary funds within the Credit Facility Utilization Period in accordance herewith and on terms and conditions provided for herein. Credit Facility - set of Tranches provided by the Lender to the Borrower in accordance herewith and on terms and conditions provided for herein. Credit - monetary funds granted by the Lender to the Borrower that are repayable in accordance with the terms and conditions hereof. Company - Mechel Open Joint Stock Company, registered office: 0 Xxxxxxxxxxxxxxxx Xxx., Xxxxxx 000000, XXXX: 1037703012896, TIN: 0000000000. IFRS - shall mean International Financial Reporting Standards, referred to in Regulation No. 1606/2002 adopted by the European Parliament and Council of Europe on July 19, 2002, in the part applicable to the respective financial reporting. Independent financial advisor - any of the following international accounting companies: PricewaterhouseCoopers, E&Y, KPMG, Deloitte. Parties Liable - pledgors and guarantors under the Collateral documentation. Collateral documentation - pledge, guarantee and indemnity agreements concluded to secure the Borrower’s obligations hereunder in accordance with clause 5.1 hereof. Principal Debt - Credit amount provided to the Borrower and not repaid (not returned) on any date of the Agreement, including the one not paid (not returned) within the term set herein. Credit Facility Utilization Period - period during which the Borrower shall be entitled to use the Credit Facility line in accordance with clause 6.3 hereof. Interest period - period for which accrued interest is paid. Business day - day that is both a business day in countries of registration of the Lender, the Borrower and credit institutions through which settlements are made hereunder. Settlement account - the Borrower’s bank account in currency of the Russian Federation opened at the Bank. Foreign Currency Settlement Account - the Borrower’s bank account in foreign currency opened at the Bank. Restructuring - transactions (set of transactions) concluded by the Group company for purposes of Financial debt restructuring to credit institutions on the date of signing Additional Agreement No. 12, provided that: