Common use of Dutch Terms Clause in Contracts

Dutch Terms. (a) In this Agreement, where it relates to a Dutch entity, a reference to: (i) a necessary action to authorize where applicable, includes without limitation: (ii) any action required to comply with the Dutch Act on the Works Councils (Wet op de ondernemingsraden); and (iii) obtaining an unconditional positive advice from the competent works council(s); (iv) gross negligence means grove xxxxxx; (v) a security right includes any mortgage (hypotheek), pledge (pandrecht), retention of title arrangement (eigendomsvoorbehoud), privilege (voorrecht), right of retention (recht van retentie), right to reclaim goods (recht van reclame), and, in general, any right in rem (beperkt recht) created for the purpose of granting security (goederenrechtelijk zekerheidsrecht); (vi) wilful misconduct means opzet; (vii) a winding-up, administration or dissolution (and any of those terms) includes a Dutch entity being declared bankrupt (failliet verklaard) or dissolved (ontbonden); (viii) a moratorium includes surseance van betaling and granted a moratorium includes surseance verleend; (ix) insolvency includes a bankruptcy and moratorium; (x) any step or procedure taken in connection with insolvency proceedings includes a Dutch entity having given a notice under any of: (A) section 36 of the Tax Collection Act (Invorderingswet 1990); or (B) section 60 of the Social Insurance Financing Act (Wet Financiering Sociale Verzekeringen) in conjunction with section 36 of the Tax Collection Act (Invorderingswet 1990); (xi) a trustee in bankruptcy or an administrative receiver includes a curator; (xii) an administrator includes a bewindvoerder; (xiii) an attachment includes a beslag; and (xiv) a subsidiary includes a dochtermaatschappij as defined in section 2:24a of the Dutch Civil Code.

Dutch Terms. (a) In this Agreement, where it relates to a Dutch entityperson or the context so requires, a reference to: to (i) a necessary action to authorize where applicable‘works council’ means each works council (ondernemingsraad) or central or group works council (centrale of groeps ondernemingsraad) within the meaning of the Works Councils Act of the Netherlands (Wet op de ondernemingsraden) having jurisdiction over that person, includes without limitation: (ii) the execution, delivery and performance of any document or action having been ‘duly authorized’ includes any action required to comply with the Dutch Act on the Works Councils Act of the Netherlands (Wet op de ondernemingsraden); and (iii) and obtaining an unconditional positive advice (advies) from the competent works council(s); , (iii) ‘constituent documents’ means the deed of incorporation (akte van oprichting), articles of association (statuten), and an up-to-date extract of the Trade Register of the Dutch Chamber of Commerce relating to that person, (iv) gross negligence means grove xxxxxx; a ‘bankruptcy’, ‘winding-up’, ‘liquidation’ or ‘dissolution’ includes that person being declared bankrupt (failliet verklaard) or dissolved (ontbonden), (v) a security right ‘moratorium’ includes (voorlopige) surseance van betaling, (vi) ‘admit in writing its inability or fail generally to pay its debts’ includes that person having filed a notice under Section 36 of the Tax Collection Act of the Netherlands (Invorderingswet 1990) or Section 60 of the Social Insurance Financing Act of the Netherlands (Wet Financiering Sociale Verzekeringen) in conjunction with Section 36 of the Tax Collection Act of the Netherlands (Invorderingswet 1990), (vii) a ‘liquidator’ or ‘trustee in bankruptcy’ includes a curator or a beoogd curator, (viii) an ‘administrator’ includes a bewindvoerder or a beoogd bewindvoerder, and (ix) a ‘lien’ includes any mortgage (hypotheek), pledge (pandrecht), retention of title arrangement (eigendomsvoorbehoud), privilege (voorrecht), right of retention (recht van retentie), right to reclaim goods (recht van reclame), and, in general, and any right in rem (beperkt recht) ), created for the purpose of granting security (goederenrechtelijk zekerheidsrecht); (vi) wilful misconduct means opzet; (vii) a winding-up, administration or dissolution (and any of those terms) includes a Dutch entity being declared bankrupt (failliet verklaard) or dissolved (ontbonden); (viii) a moratorium includes surseance van betaling and granted a moratorium includes surseance verleend; (ix) insolvency includes a bankruptcy and moratorium; (x) any step or procedure taken in connection with insolvency proceedings includes a Dutch entity having given a notice under any of: (A) section 36 of the Tax Collection Act (Invorderingswet 1990); or (B) section 60 of the Social Insurance Financing Act (Wet Financiering Sociale Verzekeringen) in conjunction with section 36 of the Tax Collection Act (Invorderingswet 1990); (xi) a trustee in bankruptcy or an administrative receiver includes a curator; (xii) an administrator includes a bewindvoerder; (xiii) an attachment includes a beslag; and (xiv) a subsidiary includes a dochtermaatschappij as defined in section 2:24a of the Dutch Civil Code.

Dutch Terms. (a) In this Agreementeach Loan Document, where it relates to a Dutch entityPerson incorporated or having its centre of main interest in the Netherlands, a reference to: (i) an “administrator” includes a necessary bewindvoerder or a beoogd bewindvoerder; (ii) a “corporation” includes vennootschap onder firma or coöperatie; (iii) “insolvency” includes in staat van insolventie verkeren and any step or proceeding related to it has the meaning attributed to them under the Bankruptcy Law of the Netherlands; (iv) Any “proceeding” taken in connection with insolvency proceedings includes a Dutch entity having filed a notice under Section 36 of the Tax Collection Act of the Netherlands (Invorderingswet 1990) or Section 60 of the Social Insurance Financing Act of the Netherlands (Wet Financiering Sociale Verzekeringen) in conjunction with Section 36 of the Tax Collection Act of the Netherlands (Invorderingswet 1990); (v) a “custodian,” “receiver,” “assignee,” “trustee,” “liquidator,” “sequestrator” or other similar official includes a curator or a beoogd curator; (vi) a “moratorium” includes surseance van betaling; (vii) an “organizational action to authorize authorize” where applicable, includes without limitation: (ii) i. any action required to comply with the Dutch Act on the Works Councils Act (Wet op de ondernemingsraden)) of The Netherlands; and (iii) ii. obtaining an unconditional positive advice (advies) from the competent works council(s); (iv) gross negligence means grove xxxxxx; (vviii) a “security right interest” or “security” includes any mortgage (hypotheek), pledge (pandrecht), retention of title arrangement (eigendomsvoorbehoud), privilege (voorrecht), right of retention (recht van retentie), right to reclaim goods (recht van reclame), and, ) and in general, general any right in rem (beperkt recht) created for the purpose of granting security (goederenrechtelijk zekerheidsrechtgoederenrechtelijke zekerheid); (vi) wilful misconduct means opzet; (vii) a winding-up, administration or dissolution (and any of those terms) includes a Dutch entity being declared bankrupt (failliet verklaard) or dissolved (ontbonden); (viii) a moratorium includes surseance van betaling and granted a moratorium includes surseance verleend; (ix) insolvency includes a bankruptcy and moratorium; (x) any step or procedure taken in connection with insolvency proceedings includes a Dutch entity having given a notice under any of: (A) section 36 of the Tax Collection Act (Invorderingswet 1990); or (B) section 60 of the Social Insurance Financing Act (Wet Financiering Sociale Verzekeringen) in conjunction with section 36 of the Tax Collection Act (Invorderingswet 1990); (xi) a trustee in bankruptcy or an administrative receiver includes a curator; (xii) an administrator includes a bewindvoerder; (xiii) an attachment includes a beslag; and (xiv) a subsidiary includes a dochtermaatschappij as defined in section 2:24a of the Dutch Civil Code.

Dutch Terms. (a) In As used in this Agreement, where it relates to a Dutch entityLoan Party, a reference to: : (i) organizational documents means the deed of incorporation (akte van oprichting), articles of association (statuten) and an extract of the Dutch Chamber of Commerce (Xxxxx van Koophandel), (ii) a necessary corporate or other organizational action to authorize where applicable, applicable includes without limitation: : (iiA) any action required to comply with the Dutch Act on the Works Councils Act of the Netherlands (Wet op de ondernemingsraden); and and (iiiB) obtaining an unconditional a positive advice or neutral advice, which, if conditional, contains conditions which in the opinion of the Administrative Agent are acceptable and can reasonably be expected to be satisfied by the relevant Dutch Loan Party without breaching the terms of any Loan Document, from the competent works council(s); ; (iviii) gross negligence means grove xxxxxx; (v) a any Lien and any security right interest includes any mortgage (hypotheek), pledge (pandrecht), retention of title arrangement (eigendomsvoorbehoud), privilege (voorrecht), right of retention (recht van retentie), right to reclaim goods (recht van reclame), and, in general, any right in rem (beperkt zakelijk recht) created for the purpose of granting security (goederenrechtelijk zekerheidsrecht); ; (vi) wilful misconduct means opzet; (viiiv) a winding-bankruptcy, insolvency, liquidation, winding up, administration or dissolution (and any of those terms) includes a Dutch entity being declared bankrupt (failliet verklaard) or dissolved (ontbonden); ; (viiiv) a moratorium includes (voorlopige) surseance van betaling and granted a moratorium includes (voorlopige) surseance verleend; ; (vi) a trustee, includes a curator and a liquidator includes a curator; (vii) an administrator includes a bewindvoerder, a beoogd bewinvoerder, a herstructureringsdeskundige or an observator, (viii) a receiver or an administrative receiver does not include a curator or bewindvoerder; (ix) insolvency includes a bankruptcy and moratorium; (x) any step “procedure or procedure step” taken in connection with insolvency proceedings includes a Dutch entity Loan Party having given filed a notice under any of: (A) section Section 36 of the Tax Collection Act of the Netherlands (Invorderingswet 1990); or (B) section or Section 60 of the Social Insurance Financing Act of the Netherlands (Wet Financiering Sociale Verzekeringen) in conjunction with section Section 36 of the Tax Collection Act of the Netherlands (Invorderingswet 1990); ) (xi) a trustee in bankruptcy or an administrative receiver includes a curator; (xii) an administrator includes a bewindvoerder; (xiiix) an attachment includes a beslag; and , (xi) a director includes a managing director (bestuurder) and board of directors includes a managing board (bestuur), and (xii) a reorganization includes statutory proceedings for the restructuring of debt (akkoordprocedure) under the Dutch Bankruptcy Act (Faillissementswet), (xiii) a director includes a managing director (bestuurder) and board of directors includes a managing board (bestuur) and (xiv) a subsidiary “subsidiary” includes a dochtermaatschappij as defined in section Article 2:24a of the Dutch Civil CodeCode (Burgerlijk Wetboek). Where “the Netherlands” or “Dutch” is referred to it refers only to the European part of the Kingdom of the Netherlands and its laws respectively.

Dutch Terms. (a) In Without prejudice to the generality of any provision in this Agreement, where it relates to a Dutch entitythe Borrower, a reference to: (ia) unless a necessary action to authorize where applicablecontrary indication appears, includes without limitation: a director, means a managing director (iibestuurder) any action required to comply with the Dutch Act on the Works Councils and board of directors means its managing board (Wet op de ondernemingsraden); and (iii) obtaining an unconditional positive advice from the competent works council(sbestuur); (ivb) gross negligence means grove xxxxxxan officer shall, with respect to the Borrower, mean any board member authorized to represent the Borrower; (vc) its constitutional documents includes its deed of incorporation (akte van oprichting), its articles of association (statuten) and an extract from the trade registry (handelsregister) kept by the Chamber of Commerce (Xxxxx van Koophandel) relating to that person, as in force from time to time; (d) a security right interest, security or lien includes any mortgage (hypotheek), pledge (pandrecht), retention of title arrangement (eigendomsvoorbehoud), privilege (voorrecht), right of retention (recht van retentie), right to reclaim goods (recht van reclame), and, in general, any right in rem (beperkt recht) created for the purpose of granting security (goederenrechtelijk zekerheidsrecht); (vi) wilful misconduct means opzet; (viie) a winding-upliquidation, administration or dissolution (and any of those terms) includes a Dutch entity being declared bankrupt (failliet verklaardfaillissement) or dissolved and dissolution (ontbondenontbinding); (viiif) a moratorium bankruptcy includes voorlopige surseance van betaling, surseance van betaling and granted a moratorium includes surseance verleendfaillissement; (ixg) insolvency a moratorium, composition, assignment or similar arrangement with any creditor includes a bankruptcy and moratoriuman akkoord; (xh) any procedure or step or procedure taken in connection with insolvency proceedings includes a the Dutch entity Obligor having given filed a notice under any of: (A) section Section 36 of the Tax Collection Act of the Netherlands (Invorderingswet 1990); or (B) section or Section 60 of the Social Insurance Financing Act of the Netherlands (Wet Financiering Sociale Verzekeringen) in conjunction with section Section 36 of the Tax Collection Act of the Netherlands (Invorderingswet 1990); (xi) a trustee in bankruptcy or an administrative receiver includes a curator; (xii) an administrator includes a bewindvoerder; (xiiii) an attachment includes a conservatoir beslag and executoriaal beslag; (j) an administrator, liquidator, receiver, or custodian includes a bewindvoerder and a curator; and (xivk) a subsidiary an insolvency proceedings includes a dochtermaatschappij as defined in section 2:24a any insolvency proceedings within the meaning of the Insolvency Regulation listed or to be listed in Annex A thereto or any proceeding under the Dutch Civil CodeAct on the Confirmation of Private Restructuring Plans (Wet Homologatie Onderhands Akkoord).

Dutch Terms. (a) In this Agreement, where it relates to or has an effect on a Dutch entityentity or its assets, or Dutch security, then, solely for purposes of Dutch law, a reference to: (ia) a necessary action to authorize where applicable, includes without limitation: (iii) any action required to comply with the Dutch Act on the Works Councils Act of The Netherlands (Wet op de ondernemingsraden); and (iiiii) obtaining an unconditional positive advice (advies) from the competent works council(s) if a positive advice is required pursuant to the Dutch Works Councils Act (Wet op de ondernemingsraden); (ivb) gross negligence means grove xxxxxx; (vc) negligence means xxxxxx; (d) a security right interest includes any mortgage (hypotheek), pledge (pandrecht), retention of title arrangement (eigendomsvoorbehoud), privilege (voorrecht), right of retention (recht van retentie), right to reclaim goods (recht van reclame), and, in general, any right in rem (beperkt recht) ), created for the purpose of granting security (goederenrechtelijk zekerheidsrecht); (vi) wilful misconduct means opzet; (viie) a winding-up, administration liquidation or dissolution (and any of those terms) includes a Dutch entity being declared bankrupt (failliet verklaard) or dissolved (ontbonden); (viiif) an insolvency includes: (i) suspension of payments (surseance verleend); (ii) emergency regulations (noodregeling) as provided for in the Act on financial supervision (Wet op het financieel toezicht); (iii) bankruptcy (failliet verklaard); (iv) any other insolvency proceedings listed in Annex A of Regulation (EU) No 2015/848 of the European Parliament and of the Council of the European Union of 20 May 2015 on insolvency proceedings (recast); (g) a moratorium includes surseance van betaling and granted a moratorium is declared or occurs includes surseance verleend; (ix) insolvency includes a bankruptcy and moratorium; (xh) any step or procedure taken in connection with insolvency proceedings includes a Dutch entity having given filed a notice under any of: (A) section Section 36 of the Tax Collection Act (Invorderingswet 1990); or (B) section 60 of the Social Insurance Financing Act (Wet Financiering Sociale Verzekeringen) in conjunction with section 36 of the Dutch Tax Collection Act (Invorderingswet 1990); (xii) a trustee in bankruptcy or an administrative receiver includes a curator; (xiij) an administrator includes a bewindvoerder; (xiiik) an attachment includes a beslag; (l) a merger includes a juridische fusie; (m) a demerger includes a juridische splitsing; and (xivn) a subsidiary includes a dochtermaatschappij as defined in section 2:24a financial assistance means any action or contemplated action prohibited by Section 2:98(c) of the Dutch Civil CodeCode (Burgerlijk Wetboek).

Dutch Terms. (a) In this Agreement, where it relates to a Dutch entity, a reference to: (ia) a necessary action to authorize authorise where applicable, includes without limitation: (iii) any action required to comply with the Dutch Act on the Works Councils Act of the Netherlands (Wet op de ondernemingsraden); and (iiiii) obtaining an unconditional positive advice (advies) from the competent works council(s); (iv) gross negligence means grove xxxxxx; (vb) a security right interest includes any mortgage (hypotheek), pledge (pandrecht), retention of title arrangement (eigendomsvoorbehoud), privilege (voorrecht), right of retention (recht van retentie), right to reclaim goods (recht van reclame), and, in general, any right in rem (beperkt recht) ), created for the purpose of granting security (goederenrechtelijk zekerheidsrecht); (vi) wilful misconduct means opzet; (viii) a winding-up, administration or dissolution (and any of those terms) includes a Dutch entity being declared bankrupt (failliet verklaard) or dissolved (ontbonden); (viiiii) a moratorium includes surseance van betaling and granted a moratorium is declared or occurs includes surseance verleend; (ixiii) insolvency a suspension of payments includes a bankruptcy and moratorium“including emergency regulations (noodregeling) under the Dutch Financial Supervision Act (Wet op het financieel toezicht); (xiv) any step or procedure taken in connection with insolvency proceedings includes a Dutch entity having given filed a notice under any of: (A) section article 36 of the Tax Collection Act of the Netherlands (Invorderingswet 1990); or (B) section or article 60 of the Social Insurance Financing Act of the Netherlands (Wet Financiering Sociale Verzekeringen) in conjunction with section article 36 of the Tax Collection Act of the Netherlands (Invorderingswet 1990); (xiv) a trustee in bankruptcy or an administrative receiver includes a curator; (xiivi) an administrator includes a bewindvoerder;; and (xiiivii) an attachment includes a beslag; and (xiv) a subsidiary includes a dochtermaatschappij as defined in section 2:24a of the Dutch Civil Code.”

Dutch Terms. (a) In this Agreement, where it relates to a Dutch entityperson or the context so requires, a reference to: to (i) a necessary action to authorize where applicable'works council' means each works council (ondernemingsraad) or central or group works council (centrale of groeps ondernemingsraad) within the meaning of the Works Councils Act of the Netherlands (Wet op de ondernemingsraden) having jurisdiction over that person, includes without limitation: (ii) the execution, delivery and performance of any document or action having been 'duly authorized' includes any action required to comply with the Dutch Act on the Works Councils Act of the Netherlands (Wet op de ondernemingsraden); and (iii) and obtaining an unconditional positive advice (advies) from the competent works council(s); , (iii) 'constituent documents' means the deed of incorporation (akte van oprichting), articles of association (statuten), and an up-to-date extract of the Trade Register of the Dutch Chamber of Commerce relating to that person, (iv) gross negligence means grove xxxxxx; a 'bankruptcy', 'winding-up', 'liquidation' or 'dissolution' includes that person being declared bankrupt (failliet verklaard) or dissolved (ontbonden), (v) a security right 'moratorium' includes (voorlopige) surseance van betaling, (vi) 'admit in writing its inability or fail generally to pay its debts' includes that person having filed a notice under Section 36 of the Tax Collection Act of the Netherlands (Invorderingswet 1990) or Section 60 of the Social Insurance Financing Act of the Netherlands (Wet Financiering Sociale Verzekeringen) in conjunction with Section 36 of the Tax Collection Act of the Netherlands (Invorderingswet 1990), (vii) a 'liquidator' or 'trustee in bankruptcy' includes a curator or a beoogd curator, (viii) an 'administrator' includes a bewindvoerder or a beoogd bewindvoerder, and (ix) a 'lien' includes any mortgage (hypotheek), pledge (pandrecht), retention of title arrangement (eigendomsvoorbehoud), privilege (voorrecht), right of retention (recht van retentie), right to reclaim goods (recht van reclame), and, in general, and any right in rem (beperkt recht) ), created for the purpose of granting security (goederenrechtelijk zekerheidsrecht); (vi) wilful misconduct means opzet; (vii) a winding. US-up, administration or dissolution (and any of those terms) includes a Dutch entity being declared bankrupt (failliet verklaard) or dissolved (ontbonden); (viii) a moratorium includes surseance van betaling and granted a moratorium includes surseance verleend; (ix) insolvency includes a bankruptcy and moratorium; (x) any step or procedure taken in connection with insolvency proceedings includes a Dutch entity having given a notice under any of: (A) section 36 of the Tax Collection Act (Invorderingswet 1990); or (B) section 60 of the Social Insurance Financing Act (Wet Financiering Sociale Verzekeringen) in conjunction with section 36 of the Tax Collection Act (Invorderingswet 1990); (xi) a trustee in bankruptcy or an administrative receiver includes a curator; (xii) an administrator includes a bewindvoerder; (xiii) an attachment includes a beslag; and (xiv) a subsidiary includes a dochtermaatschappij as defined in section 2:24a of the Dutch Civil Code.DOCS\101954982.7000000000.8

Dutch Terms. (a) In this Agreement, where it relates With respect to a Dutch entityLoan Party incorporated in the Netherlands, a reference to: (i) a necessary action to authorize where applicable, includes without limitation: (ii) any action required to comply with the Dutch Act on the Works Councils (Wet op de ondernemingsraden); and (iii) obtaining an unconditional positive advice from the competent works council(s); (iv) gross negligence means grove xxxxxx; (v) a security right includes any mortgage (hypotheek), pledge (pandrecht), retention of title arrangement (eigendomsvoorbehoud), privilege (voorrecht), right of retention (recht van retentie), right to reclaim goods (recht van reclame), and, in general, any right in rem (beperkt recht) created for the purpose of granting security (goederenrechtelijk zekerheidsrecht); (vi) wilful misconduct means opzet; (vii) a “winding-up”, administration “administration” or dissolution (and any of those terms) “dissolution” includes a Dutch entity being declared bankrupt (failliet verklaard) or dissolved (ontbonden); , (viiiii) a moratorium “trustee in bankruptcy” or “administrative receiver” includes a curator, (iii) an “administrator” includes a bewindvoerder, (iv) a “moratorium” includes any suspension of payments proceedings (surseance van betaling betaling) and a “moratorium declared” includes any suspensions of payments granted a moratorium includes (surseance verleend; ), (ixv) an insolvency includes a bankruptcy and moratorium; (x) any step or procedure taken in connection with insolvency proceedings proceeding includes a Dutch entity having given filed a notice under any of: (A) section Section 36 of the Tax Collection Act of the Netherlands (Invorderingswet 1990); or (B) section or Section 60 of the Social Insurance Financing Act of the Netherlands (Wet Financiering Sociale Verzekeringen) in conjunction with section Section 36 of the Tax Collection Act of the Netherlands (Invorderingswet 1990) not being a payment extension requested in accordance with the decree of the Dutch State Secretary of Finance of January 2022, nr. 2022 – 2085 (as amended from time to time) and any additional extension requested in accordance with such decree, (vi) a “Lien” includes any mortgage (hypotheek); , pledge (pandrecht), right of retention (recht van retentie) and in general, any right in rem (beperkt recht), created for the purpose of granting security (goederenrechtelijk zekerheidsrecht), (vii) any action to authorize includes any action required to comply with the Dutch Works Councils Act (Wet op de Ondernemingsraden) and obtaining an unconditional positive advice from any competent works council, (viii) board of directors shall refer to the managing board (bestuur) and a director shall refer to a member of the management board (bestuurder), (ix) “gross negligence” includes a beslag, (x) wilful misconduct means opzet, and (xi) a trustee in bankruptcy or an administrative receiver includes a curator; (xii) an administrator includes a bewindvoerder; (xiii) an attachment “attachment” includes a beslag; and (xiv) a subsidiary includes a dochtermaatschappij as defined in section 2:24a of the Dutch Civil Code.

Dutch Terms. (a) In this Agreement, where it relates to a Dutch entityCredit Party, a reference to: : (i) a “necessary action to authorize authorise” where applicable, includes without limitation:: 63 150546217_8170136845_8 (iiA) any action required to comply with the Dutch Act on the Works Councils Act of the Netherlands (Wet op de ondernemingsraden); and and (iiiB) obtaining an unconditional positive advice (advies) from the competent works council(s); ; (ivii) gross negligence means grove xxxxxx; (v) a “security right interest” includes any mortgage (hypotheek), pledge (pandrecht), retention of title arrangement (eigendomsvoorbehoud), privilege (voorrecht), right of retention (recht van retentie), right to reclaim goods (recht van reclame), and, in general, any right in rem (beperkt recht) ), created for the purpose of granting security (goederenrechtelijk zekerheidsrecht); ; (vi) wilful misconduct means opzet; (viiiii) a “winding-up, administration administration” or “dissolution” includes a bankruptcy (faillissement) or dissolution (and ontbinding); (iv) a “suspension of payments” includes surseance van betaling; (v) any of those terms) “step” or “procedure” taken in connection with insolvency proceedings includes a Dutch entity being declared bankrupt having filed a notice under Section 36 of the Tax Collection Act of the Netherlands (failliet verklaardInvorderingswet 1990); (vi) or dissolved a “liquidator” includes a curator; (ontbonden); vii) an “administrator” includes a bewindvoerder; (viii) an “attachment” includes a moratorium beslag; (ix) “constitutional documents” means, in relation to a Dutch Credit Party, its deed of incorporation (akte van oprichting) and its articles of association (statuten); (x) a “moratorium” includes surseance van betaling and granted a moratorium includes surseance verleend; (ix) insolvency includes a bankruptcy ; and moratorium; (x) any step or procedure taken in connection with insolvency proceedings includes a Dutch entity having given a notice under any of: (A) section 36 of the Tax Collection Act (Invorderingswet 1990); or (B) section 60 of the Social Insurance Financing Act (Wet Financiering Sociale Verzekeringen) in conjunction with section 36 of the Tax Collection Act (Invorderingswet 1990); (xi) a trustee in bankruptcy “receiver” or an “administrative receiver includes receiver” does not include a curator; (xii) an administrator includes a curator or bewindvoerder; (xiii) an attachment includes a beslag; and (xiv) a subsidiary includes a dochtermaatschappij as defined in section 2:24a of the Dutch Civil Code.

Dutch Terms. (a) In this Agreement, where it relates to a Dutch entityLoan Party incorporated or established in the Netherlands, a any reference to: (i) a necessary action to authorize where applicableliquidator, a trustee in bankruptcy or an administrative receiver includes without limitation:a curator and a beoogd curator; (ii) any action required to comply with the Dutch Act on the Works Councils (Wet op de ondernemingsraden); andan administrator includes a bewindvoerder and a stille bewindvoerder; (iii) obtaining an unconditional positive advice from the competent works council(s)attachment includes conservatoir and executoriaal beslag; (iv) gross negligence means grove xxxxxx; (v) a moratorium includes surséance van betaling and a moratorium declared includes surséance verleend; (vi) officers includes managing directors of a Dutch entity; (vii) a necessary action to authorise where applicable, includes without limitation: (i) any action required to comply with the Act on the works councils (Wet op de ondernemingsraden); and (ii) obtaining a neutral or (unconditional or conditional) positive advice (advies) from the competent works council(s) (and if conditional, subject to conditions that can reasonably be satisfied); (viii) a security right interest includes any mortgage (hypotheek), pledge (pandrecht), retention of title arrangement (eigendomsvoorbehoud), privilege (voorrecht), right of retention (recht van retentie), right to reclaim goods (recht van reclame), ) and, in general, any right in rem (beperkt recht) created for the purpose of granting security (goederenrechtelijk zekerheidsrecht); (viix) any step or procedure taken in connection with a insolvency proceeding includes a Dutch entity having filed a notice under Section 36 of the Dutch Tax Collection Act (Invorderingswet 1990); (x) wilful misconduct means opzet; (viixi) a distribution or dividend includes any distribution of profits (winstuitkering) or the distribution of reserves (uitkering uit resereves); (xii) admitting the inability to pay its debts as they fall due, includes with respect to an entity the filing of any notice under Article 36 of the Tax Collection Act of the Netherlands (Invorderingswet 1990) (“TCA”) or Article 60 paragraphs 2 and/or 3 of the Social Insurance Financing Act of the Netherlands (Wet Financiering Sociale Verzekeringen) in conjunction with Article 36 of the TCA; and 100 (xiii) a winding-up, administration or dissolution (and any of those terms) includes a Dutch entity being declared bankrupt (failliet verklaard) or ), dissolved (ontbonden); ) or subject to emergency regulations (viiinoodregeling) a moratorium includes surseance van betaling and granted a moratorium includes surseance verleend; (ix) insolvency includes a bankruptcy and moratorium; (x) any step or procedure taken in connection with insolvency proceedings includes a Dutch entity having given a notice under any of: (A) section 36 of on the Tax Collection Act (Invorderingswet 1990); or (B) section 60 of the Social Insurance Financing Act (Wet Financiering Sociale Verzekeringen) in conjunction with section 36 of the Tax Collection Act (Invorderingswet 1990); (xi) a trustee in bankruptcy or an administrative receiver includes a curator; (xii) an administrator includes a bewindvoerder; (xiii) an attachment includes a beslag; and (xiv) a subsidiary includes a dochtermaatschappij as defined in section 2:24a basis of the Dutch Civil CodeAct on Financial Supervision (Wet op het Financieel Toezicht).

Dutch Terms. (a) In this Agreement, where it relates to a Dutch entity, a reference to: (ia) a "necessary corporate action to authorize authorize" where applicable, includes without limitation: (iii) any action required to comply with the Dutch Act on the Works Councils Act of the Netherlands (Wet op de ondernemingsraden); and (iiiii) obtaining an unconditional positive advice (advies) from the competent works council(s); (iv) gross negligence means grove xxxxxx; (vb) a security right Lien includes any mortgage (hypotheek), pledge (pandrecht), retention of title arrangement (eigendomsvoorbehoud), privilege (voorrecht), right of retention (recht van retentie), right to reclaim goods (recht van reclame), and, in general, any right in rem (beperkt recht) ), created for the purpose of granting security (goederenrechtelijk zekerheidsrecht);; i) [Published CUSIP Number: ____] (vi) wilful misconduct means opzet; (viic) a "winding-up", administration "administration" or dissolution (and any of those terms) "dissolution" includes a Dutch entity being declared bankrupt (failliet verklaard) or dissolved (ontbonden); (viiid) a moratorium "moratorium" includes surseance van betaling and granted "a moratorium is declared" or "occurs" includes surseance verleend; (ix) insolvency includes a bankruptcy and moratorium; (xe) any step "step" or procedure "procedure" taken in connection with insolvency proceedings includes a Dutch entity having given filed a notice under any of: (A) section Section 36 of the Tax Collection Act (Invorderingswet 1990); or (B) section 60 of the Social Insurance Financing Act (Wet Financiering Sociale Verzekeringen) in conjunction with section 36 of the Tax Collection Act Netherlands (Invorderingswet 1990); (xif) a "trustee in bankruptcy or an administrative receiver bankruptcy" includes a curator; (xiig) an administrator "administrator" includes a bewindvoerder; (xiii) an attachment includes a beslag; and (xivh) a subsidiary an "attachment" includes a dochtermaatschappij as defined in section 2:24a of the Dutch Civil Codebeslag.

Dutch Terms. (a) In this Agreement, where it relates to a Dutch entity, a reference to: (ia) a necessary action to authorize authorise where applicable, includes without limitation: (iii) any action required to comply with the Dutch Act on the Works Councils Act of the Netherlands (Wet op de ondernemingsraden); and (iiiii) obtaining an unconditional positive advice (advies) from the competent works council(s); (ivb) gross negligence financial assistance means grove xxxxxxany act contemplated by: (i) (for a besloten vennootschap met beperkte aansprakelijkheid) Article 2:207(c) of the Dutch Civil Code; or (ii) (for a naamloze vennootschap) Article 2:98(c) of the Dutch Civil Code; (vc) a security right interest includes any mortgage (hypotheek), pledge (pandrecht), retention of title arrangement (eigendomsvoorbehoud), privilege (voorrecht), right of retention (recht van retentie), right to reclaim goods (recht van reclame), and, in general, any right in rem (beperkt recht) ), created for the purpose of granting security (goederenrechtelijk zekerheidsrecht); (vi) wilful misconduct means opzet; (viii) a winding-up, administration or dissolution (and any of those terms) includes a Dutch entity being declared bankrupt (failliet verklaard) or dissolved (ontbonden); (viiiii) a moratorium includes surseance van betaling and granted a moratorium is declared or occurs includes surseance verleend; (ixiii) insolvency includes a bankruptcy and moratorium; (xiv) any step or procedure taken in connection with insolvency proceedings includes a Dutch entity having given filed a notice under any of: (A) section Section 36 of the Tax Collection Act of the Netherlands (Invorderingswet 1990); or (B) section or Section 60 of the Social Insurance Financing Act of the Netherlands (Wet Financiering Sociale Verzekeringen) in conjunction with section Section 36 of the Tax Collection Act of the Netherlands (Invorderingswet 1990); (xiv) a trustee in bankruptcy or an administrative receiver includes a curator; (xiivi) an administrator includes a bewindvoerder; (xiiivii) an attachment includes a beslag; and (xivviii) a subsidiary includes a dochtermaatschappij as defined in section Article 2:24a of the Dutch Civil Code.

Dutch Terms. (a) In this Agreement, where it relates to a Dutch entityan entity incorporated in the Netherlands, a reference to: (i) a necessary “director” means a managing director (bestuurder) and “board of directors” means its managing board (bestuur); NAI-1523373604v1 -30- (ii) an “action to authorize authorize” or “duly authorized”, where applicable, includes without limitation: (ii) limitation any action required to comply with the Dutch Works Council Act on the Works Councils (Wet op de ondernemingsraden); and; (iii) obtaining an unconditional positive advice from the competent works council(s); (iv) gross negligence means grove xxxxxx; (v) a security right includes any mortgage (hypotheek)“proceeding under any bankruptcy or insolvency law”, pledge (pandrecht)“bankruptcy”, retention of title arrangement (eigendomsvoorbehoud)“insolvency”, privilege (voorrecht), right of retention (recht van retentie), right to reclaim goods (recht van reclame), and, in general, any right in rem (beperkt recht) created for the purpose of granting security (goederenrechtelijk zekerheidsrecht); (vi) wilful misconduct means opzet; (vii) a winding-up, administration or dissolution (and any of those terms) “dissolution” includes a Dutch entity being declared bankrupt (failliet verklaard) or dissolved (ontbonden); (viiiiv) “bankruptcy, insolvency, receivership or similar proceeding” or “liquidation proceeding” (or words of similar import) includes an application for moratorium (surseance van betaling) and the appointment of a receiver, liquidator, custodian, trustee includes the appointment of an administrator and that a moratorium includes surseance van betaling and has been granted a moratorium includes (surseance verleend); (ix) insolvency includes a bankruptcy and moratorium; (xv) any procedure or step or procedure taken in connection with an insolvency proceedings proceeding includes a such Dutch entity having given filed a notice under any of: (A) section Section 36 of the Tax Collection Act of the Netherlands (Invorderingswet 1990); or (B) section or Section 60 of the Social Insurance Financing Act of the Netherlands (Wet Financiering Sociale Verzekeringen) in conjunction with section Section 36 of the Tax Collection Act of the Netherlands (Invorderingswet 1990); (xivi) a trustee “trustee” in any bankruptcy or an administrative receiver insolvency proceeding includes a curator; (xiivii) an administrator “administrator” includes a bewindvoerder; (xiiiviii) an attachment “attachment” includes a beslag; and (xiv) a subsidiary includes a dochtermaatschappij as defined in section 2:24a of the Dutch Civil Code.;

Dutch Terms. (a) In this Agreement, where it relates to a Person incorporated (or established) under Dutch entitylaw, a reference to: (ia) a necessary action to authorize where applicable, includes without limitation: (iii) any action required to comply with the Dutch Act on the Works Councils Act of The Netherlands (Wet op de ondernemingsraden) (the “Dutch Works Councils Act”) or the European Works Councils Act (Wet op de Europese Ondernemingsraden); and (iiiii) obtaining an unconditional positive advice (advies) from the competent component works council(s)) if a positive advice is required pursuant to the Dutch Works Councils Act; (ivb) gross negligence means grove xxxxxx; (vc) a security right interest includes any mortgage (hypotheek), pledge (pandrecht), retention of the title arrangement (eigendomsvoorbehoud), privilege (voorrecht), right of retention (recht van retentie), right to reclaim goods (recht van reclame), and, in general, any right in rem (beperkt recht) ), created for the purpose of granting security (goederenrechtelijk zekerheidsrecht); (vi) wilful misconduct means opzet; (viid) a Bankruptcy Event, winding-up, liquidation, dissolution or administration or dissolution (and any of those terms) includes a Dutch entity being declared bankrupt (failliet verklaard) or ), dissolved (ontbonden) or subjected to emergency regulations (noodregeling) on the basis of the Dutch Financial Supervision Act (Wet op het financieel toezicht); (viiie) a suspension of payments or a moratorium includes (voorlopige) surseance van betaling and granted a moratorium is declared or occurs includes surseance verleend; (ix) insolvency includes a bankruptcy and moratorium; (xf) any step or procedure taken in connection with insolvency proceedings includes a Dutch entity having given filed a notice under any of: (A) section Section 36 of the Dutch Tax Collection Act (Invorderingswet 1990); or (B) section or Section 60 paragraphs 2 and/or 3 of the Dutch Social Insurance Financing Act (Wet Financiering Sociale Verzekeringen) in conjunction with section Section 36 of the Dutch Tax Collection Act (Invorderingswet 1990) (g) an administrative receiver or receiver includes a curator or a bewindvoerder; (xi) a trustee in bankruptcy or an administrative receiver includes a curator; (xiih) an administrator includes a bewindvoerder and a stille bewindvoerder; (xiiii) an attachment includes a beslag; (j) a liquidator includes a vereffenaar or a curator and a beoogd curator; (k) a merger includes a juridische fusie; and (xivl) a subsidiary includes a dochtermaatschappij as defined in section 2:24a of the Dutch Civil Code.financial assistance means any action or contemplated action prohibited by a

Dutch Terms. (a) In this Agreement, where it relates to a Dutch entity, a reference to: : (ia) a necessary “the Netherlands” refers to the part of the Kingdom of the Netherlands located in Europe (and all derivative terms, including “Dutch” shall be construed accordingly); (b) an “action to authorize authorize” or “duly authorized”, where applicable, includes without limitation: (ii) limitation any action required to comply with the Dutch Works Council Act on the Works Councils (Wet op de ondernemingsraden); and (iiic) obtaining any “liquidation”, “bankruptcy”, “insolvency” or “dissolution” includes a Dutch entity being declared bankrupt (failliet verklaard) or dissolved (ontbonden); (d) any voluntary procedure or step taken seeking reorganization or other relief includes such Dutch entity having filed (i) a notice under Section 36 of the Tax Collection Act of the Netherlands (Invorderingswet 1990) or Section 60 of the Social Insurance Financing Act of the Netherlands (Wet Financiering Sociale Verzekeringen) in conjunction with Section 36 of the Tax Collection Act of the Netherlands (Invorderingswet 1990) or (ii) a declaration under article 370(3) of the Dutch Bankruptcy Act (Faillissementswet);a “trustee” in any bankruptcy or insolvency proceeding or a “liquidator” includes a curator; (e) an unconditional positive advice from the competent works council(s); “administrator” or "conservator" includes a bewindvoerder a beoogd bewindvoerder, a herstructureringsdeskundige or a observator; (ivf) an “attachment” includes a beslag; (g) “gross negligence negligence” means grove xxxxxx; ; (vh) “indemnify” means vrijwaren; (i) “negligence” means xxxxxx; (j) “bad faith” means kwade trouw; (k) “willful misconduct” means opzet; (l) a “security right interest” or “security” includes any mortgage (hypotheek), pledge (pandrecht), retention of title arrangement (eigendomsvoorbehoud), privilege (voorrecht), right of retention (recht van retentie), right to reclaim goods (recht van reclame), and, in general, any right in rem (beperkt recht) ), created for the purpose of granting security (goederenrechtelijk zekerheidsrecht); ; and (vi) wilful misconduct means opzet; (viim) a winding-up, administration “moratorium” or dissolution (and any “suspension of those terms) payments” includes a Dutch entity being declared bankrupt (failliet verklaard) or dissolved (ontbonden); (viii) a moratorium includes surseance van betaling and granted a moratorium or suspension of payments includes surseance verleend; (ix) insolvency includes a bankruptcy and moratorium; (x) any step or procedure taken in connection with insolvency proceedings includes a Dutch entity having given a notice under any of: (A) section 36 of the Tax Collection Act (Invorderingswet 1990); or (B) section 60 of the Social Insurance Financing Act (Wet Financiering Sociale Verzekeringen) in conjunction with section 36 of the Tax Collection Act (Invorderingswet 1990); (xi) a trustee in bankruptcy or an administrative receiver includes a curator; (xii) an administrator includes a bewindvoerder; (xiii) an attachment includes a beslag; and (xiv) a subsidiary includes a dochtermaatschappij as defined in section 2:24a of the Dutch Civil Code.

Dutch Terms. (a) In this Agreement, where it relates to a Dutch entityperson or the context so requires, a reference to: (ia) The Netherlands means the European part of the Kingdom of the Netherlands and Dutch means in or of The Netherlands; (b) works council means each works council (ondernemingsraad) or central or group works council (centrale of groeps ondernemingsraad) having jurisdiction over that person; (c) a necessary action to authorize where applicable, authorise includes without limitation: (ii) any action required to comply with the Dutch Act on the Works Councils Act of The Netherlands (Wet op de ondernemingsraden); and (iii) obtaining an unconditional , followed by a neutral or positive advice (advies) from the competent works council(s)council of that person which, if conditional, contains conditions which can reasonably be complied with and would not cause and are not reasonably likely to cause a breach of any term of any Transaction Document; (ivd) gross negligence constitutional documents means grove xxxxxxthe articles of association (statuten) and deed of incorporation (akte van oprichting) and an up-to-date extract of registration of the Trade Register of the Dutch Chamber of Commerce; (ve) a security right interest or security includes any mortgage (hypotheek), pledge (pandrecht), retention of title arrangement (eigendomsvoorbehoud), privilege (voorrecht), right of retention (recht van retentie), right to reclaim goods (recht van reclame), and, in general, ) and any right in rem (beperkt recht) created for the purpose of granting security (goederenrechtelijk zekerheidsrechtgoederenrechtelijke zekerheid); (vi) wilful misconduct means opzet; (viif) a winding-up, administration or dissolution (and any of those terms) includes a Dutch entity being declared bankrupt (failliet verklaard) or dissolved (ontbonden); (viiig) a moratorium includes surseance van betaling and granted a moratorium is declared includes surseance verleend; (ix) insolvency includes a bankruptcy and moratorium; (xh) any procedure or step or procedure taken in connection with insolvency proceedings includes a Dutch entity that person having given filed a notice under any of: (A) section Section 36 of the Dutch Tax Collection Act (Invorderingswet 1990); or (B) section 60 of the Social Insurance Financing Act (Wet Financiering Sociale Verzekeringen) in conjunction with section 36 of the Tax Collection Act The Netherlands (Invorderingswet 1990); (xii) a trustee in bankruptcy or an administrative receiver liquidator includes a curator or a beoogd curator;; 0081727-0000042 SN:12155633.21 49 (xiij) an administrator includes a bewindvoerder or a beoogd bewindvoerder; (xiiik) an attachment includes a beslag; (l) gross negligence means grove sxxxxx; (m) indemnify means vrijwaren; (n) negligence means sxxxxx; and (xivo) a subsidiary includes a dochtermaatschappij as defined in section 2:24a of the Dutch Civil Codewilful misconduct means opzet.

Dutch Terms. (a) In this Agreementany Loan Document, where it relates to concerns a Dutch entityentity or Dutch security, a reference to: (i) a composition, assignment or similar arrangement with any creditor includes an akkoord; (ii) a necessary action to authorize authorise where applicable, includes without limitation: (ii) 1. any action required to comply with the Dutch Act on the Works Councils Act of the Netherlands (Wet op de ondernemingsraden); and 2. obtaining a (iiiconditional or unconditional) obtaining an unconditional positive or neutral advice (advies) from the competent works council(s) if an advice is required pursuant to the Dutch Works Councils Act (Wet op de ondernemingsraden); (iviii) gross negligence means grove xxxxxx; (iv) negligence means xxxxxx; (v) a security right interest includes any mortgage (hypotheek), pledge (pandrecht), retention of title arrangement (eigendomsvoorbehoud), privilege (voorrecht), right of retention (recht van retentie), right to reclaim goods (recht van reclame), and, in general, any right in rem (beperkt recht) ), created for the purpose of granting security (goederenrechtelijk zekerheidsrecht); (vi) wilful misconduct means opzet; (vii) a winding-up, administration or dissolution (and any of those terms) includes a Dutch entity being declared bankrupt (failliet verklaard) or dissolved (ontbonden); (viii) a moratorium includes surseance van betaling and granted a moratorium is declared or occurs includes surseance verleend; (ix) insolvency includes a bankruptcy and moratorium; (x) any step or procedure taken in connection with insolvency proceedings includes a Dutch entity having given filed a notice under any of: (A) section Section 36 of the Dutch Tax Collection Act (Invorderingswet 1990); or (B) section 60 , with the exception of any notice for the postponement of Tax liability payments filed in accordance with the decree of the Social Insurance Financing Act Dutch State Secretary of Finance of 22 April 2020 with nr. 2020-8499 (Wet Financiering Sociale Verzekeringenas replaced by the decree of 6 May 2020 with nr. 2020-9594) in conjunction with section 36 of or any other decree or arrangement through which the Tax Collection Act (Invorderingswet 1990)aforementioned decree is amended or replaced from time to time; (xix) a trustee in bankruptcy or an administrative receiver includes a curator; (xiixi) an administrator includes a bewindvoerder or stille bewindvoerder; (xiiixii) an attachment includes a beslag; (xiii) a merger includes a juridische fusie; and (xiv) a subsidiary demerger includes a dochtermaatschappij as defined in section 2:24a of the Dutch Civil Codejuridische splitsing.

Dutch Terms. (a) In Without prejudice to the generality of any provision of this Agreement, in this Agreement where it relates to a Dutch entity, a reference to: (ia) a all necessary corporate action to authorize where applicable, includes without limitation: (ii) any action required to comply with the Dutch Act on the Works Councils Act of the Netherlands (Wet op de ondernemingsraden); and (iii) and obtaining an unconditional positive advice (advies) from the competent works council(s); (ivb) gross negligence means grove xxxxxxa winding up, administration or dissolution includes a Dutch entity being declared bankrupt (failliet verklaard) or dissolved (ontbonden); (vc) a moratorium includes (voorlopige) surseance van betaling and a moratorium is declared includes (voorlopige) surseance verleend; (d) any corporate action taken in connection with insolvency proceedings includes a Dutch entity having filed a notice under Section 36 of the Tax Collection Act of the Netherlands (Invorderingswet 1990) or Section 60 of the Social Insurance Financing Act of the Netherlands (Wet Financiering Sociale Verzekeringen) in conjunction with Section 36 of the Tax Collection Act of the Netherlands (Invorderingswet 1990); (e) a receiver, custodian, trustee, examiner, administrator, liquidator or similar Person includes a curator, a beoogd curator, a bewindvoerder, a beoogd bewindvoerder, a herstructureringsdeskundige or an observator; (f) a composition or readjustment of debts includes statutory proceedings for the restructuring of debt (akkoordprocedure) under the Dutch Bankruptcy Act (Faillissementswet); (g) a security right interest or security includes any mortgage (hypotheek), pledge (pandrecht), retention of title arrangement (eigendomsvoorbehoud), privilege (voorrecht), right of retention (recht van retentie), right to reclaim goods of reclamation (recht van reclame), and, in general, and any right in rem (beperkt recht) ), created for the purpose of granting security (goederenrechtelijk zekerheidsrecht); (vi) wilful misconduct means opzet; (vii) a winding-up, administration or dissolution (and any of those terms) includes a Dutch entity being declared bankrupt (failliet verklaard) or dissolved (ontbonden); (viii) a moratorium includes surseance van betaling and granted a moratorium includes surseance verleend; (ix) insolvency includes a bankruptcy and moratorium; (x) any step or procedure taken in connection with insolvency proceedings includes a Dutch entity having given a notice under any of: (A) section 36 of the Tax Collection Act (Invorderingswet 1990); or (B) section 60 of the Social Insurance Financing Act (Wet Financiering Sociale Verzekeringen) in conjunction with section 36 of the Tax Collection Act (Invorderingswet 1990); (xi) a trustee in bankruptcy or an administrative receiver includes a curator; (xii) an administrator includes a bewindvoerder; (xiii) an attachment includes a beslag; and (xivh) a subsidiary any action to condemn, seize, nationalize, expropriate or appropriate all or any substantial part of the Property includes a dochtermaatschappij as defined in section 2:24a of conservatoir beslag or executoriaal beslag on the Dutch Civil Codeassets.

Dutch Terms. (a) In this Agreement, where it relates to a Dutch entityLoan Party incorporated or established in the Netherlands, a any reference to: (i) a necessary action to authorize where applicableliquidator, a trustee in bankruptcy or an administrative receiver includes without limitation:a curator and a beoogd curator; (ii) any action required to comply with the Dutch Act on the Works Councils (Wet op de ondernemingsraden); andan administrator includes a bewindvoerder and a stille bewindvoerder; (iii) obtaining an unconditional positive advice from the competent works council(s)attachment includes conservatoir and executoriaal beslag; (iv) gross negligence means grove xxxxxx; (v) a moratorium includes surséance van betaling and a moratorium declared includes surséance verleend; (vi) officers includes managing directors of a Dutch entity; (vii) a necessary action to authorise where applicable, includes without limitation: (i) any action required to comply with the Act on the works councils (Wet op de ondernemingsraden); and (ii) obtaining a neutral or (unconditional or conditional) positive advice (advies) from the competent works council(s) (and if conditional, subject to conditions that can reasonably be satisfied); (viii) a security right interest includes any mortgage (hypotheek), pledge (pandrecht), retention of title arrangement (eigendomsvoorbehoud), privilege (voorrecht), right of retention (recht van retentie), right to reclaim goods (recht van reclame), ) and, in general, any right in rem (beperkt recht) created for the purpose of granting security (goederenrechtelijk zekerheidsrecht); (viix) any step or procedure taken in connection with a insolvency proceeding includes a Dutch entity having filed a notice under Section 36 of the Dutch Tax Collection Act (Invorderingswet 1990); (x) wilful misconduct means opzet; (viixi) a distribution or dividend includes any distribution of profits (winstuitkering) or the distribution of reserves (uitkering uit resereves); (xii) admitting the inability to pay its debts as they fall due, includes with respect to an entity the filing of any notice under Article 36 of the Tax Collection Act of the Netherlands (Invorderingswet 1990) (“TCA”) or Article 60 paragraphs 2 and/or 3 of the Social Insurance Financing Act of the Netherlands (Wet Financiering Sociale Verzekeringen) in conjunction with Article 36 of the TCA; and (xiii) a winding-up, administration or dissolution (and any of those terms) includes a Dutch entity being declared bankrupt (failliet verklaard) or ), dissolved (ontbonden); ) or subject to emergency regulations (viiinoodregeling) a moratorium includes surseance van betaling and granted a moratorium includes surseance verleend; (ix) insolvency includes a bankruptcy and moratorium; (x) any step or procedure taken in connection with insolvency proceedings includes a Dutch entity having given a notice under any of: (A) section 36 of on the Tax Collection Act (Invorderingswet 1990); or (B) section 60 of the Social Insurance Financing Act (Wet Financiering Sociale Verzekeringen) in conjunction with section 36 of the Tax Collection Act (Invorderingswet 1990); (xi) a trustee in bankruptcy or an administrative receiver includes a curator; (xii) an administrator includes a bewindvoerder; (xiii) an attachment includes a beslag; and (xiv) a subsidiary includes a dochtermaatschappij as defined in section 2:24a basis of the Dutch Civil CodeAct on Financial Supervision (Wet op het Financieel Toezicht).

Dutch Terms. (a) In this Agreement, where it relates to a Dutch entity, a reference to: (ia) a necessary action to authorize authorise where applicable, includes without limitation: (iii) any action required to comply with the Dutch Act on the Works Councils Act of the Netherlands (Wet op de ondernemingsraden); and (iiiii) obtaining an unconditional positive advice (advies) from the competent works council(s); (ivb) gross negligence financial assistance means grove xxxxxxany act contemplated by: (i) (for a besloten vennootschap met beperkte aansprakelijkheid) Article 2:207(c) of the Dutch Civil Code; or (ii) (for a naamloze vennootschap) Article 2:98(c) of the Dutch Civil Code; (vc) a security right interest includes any mortgage (hypotheek), pledge (pandrecht), retention of title arrangement (eigendomsvoorbehoud), privilege (voorrecht), right of retention (recht van retentie), right to reclaim goods (recht van reclame), and, in general, any right in rem (beperkt recht) ), created for the purpose of granting security (goederenrechtelijk zekerheidsrecht); (vi) wilful misconduct means opzet; (viid) a winding-up, administration or dissolution (and any of those terms) includes a Dutch entity being declared bankrupt (failliet verklaard) or dissolved (ontbonden); (viiie) a moratorium includes surseance van betaling and granted a moratorium is declared or occurs includes surseance verleend; (ixf) insolvency includes a bankruptcy and moratorium; (xg) any step or procedure taken in connection with insolvency proceedings includes a Dutch entity having given filed a notice under any of: (A) section Section 36 of the Tax Collection Act of the Netherlands (Invorderingswet 1990); or (B) section or Section 60 of the Social Insurance Financing Act of the Netherlands (Wet Financiering Sociale Verzekeringen) in conjunction with section Section 36 of the Tax Collection Act of the Netherlands (Invorderingswet 1990); (xih) a trustee in bankruptcy or an administrative receiver includes a curator; (xiii) an administrator includes a bewindvoerder; (xiiij) an attachment includes a beslag; and (xivk) a subsidiary includes a dochtermaatschappij as defined in section Article 2:24a of the Dutch Civil Code.

Dutch Terms. (a) In this Agreement, where it relates to a Dutch entityan entity incorporated in the Netherlands, a reference to: : NAI-1506002948v15 (i) a necessary “director” means a managing director (bestuurder) and “board of directors” means its managing board (bestuur); (ii) an “action to authorize authorize” or “duly authorized”, where applicable, includes without limitation: (ii) limitation any action required to comply with the Dutch Works Council Act on the Works Councils (Wet op de ondernemingsraden); and (iii) obtaining an unconditional positive advice from the competent works council(s); (iv) gross negligence means grove xxxxxx; (v) a security right includes any mortgage (hypotheek)“proceeding under any bankruptcy or insolvency law”, pledge (pandrecht)“bankruptcy”, retention of title arrangement (eigendomsvoorbehoud)“insolvency”, privilege (voorrecht), right of retention (recht van retentie), right to reclaim goods (recht van reclame), and, in general, any right in rem (beperkt recht) created for the purpose of granting security (goederenrechtelijk zekerheidsrecht); (vi) wilful misconduct means opzet; (vii) a winding-up, administration or dissolution (and any of those terms) “dissolution” includes a Dutch entity being declared bankrupt (failliet verklaard) or dissolved (ontbonden); ; (viiiiv) “bankruptcy, insolvency, receivership or similar proceeding” or “liquidation proceeding” (or words of similar import) includes an application for moratorium (surseance van betaling) and the appointment of a receiver, liquidator, custodian, trustee includes the appointment of an administrator and that a moratorium includes surseance van betaling and has been granted a moratorium includes (surseance verleend; ); (ix) insolvency includes a bankruptcy and moratorium; (xv) any procedure or step or procedure taken in connection with an insolvency proceedings proceeding includes a such Dutch entity having given filed a notice under any of: (A) section Section 36 of the Tax Collection Act of the Netherlands (Invorderingswet 1990); or (B) section or Section 60 of the Social Insurance Financing Act of the Netherlands (Wet Financiering Sociale Verzekeringen) in conjunction with section Section 36 of the Tax Collection Act of the Netherlands (Invorderingswet 1990); ; (xivi) a trustee “trustee” in any bankruptcy or an administrative receiver insolvency proceeding includes a curator; ; (xiivii) an administrator “administrator” includes a bewindvoerder; ; (xiiiviii) an attachment “attachment” includes a beslag; and (xivix) a subsidiary includes a dochtermaatschappij as defined in section 2:24a “gross negligence” means grove xxxxxx; (x) “indemnify” means vrijwaren; (xi) “negligence” means xxxxxx; (xii) “bad faith” means kwade trouw; and (xiii) “willful misconduct” means opzet. Section 5. Amendment to Section 2.02(b) of the Dutch Civil CodeCredit Agreement. Section 2.02(b) of the Credit Agreement is hereby amended by deleting the last sentence of such Section and replacing it with the following: Each Lender at its option may make any Loan by causing any domestic or foreign branch or Affiliate of such Lender to make such Loan; provided that any exercise of such option shall not affect the obligation of the applicable Borrower to repay such Loan in accordance with the terms of this Agreement.

Dutch Terms. (a) In As used in this AgreementIndenture, where it relates to the Issuer or a Dutch entityGuarantor, a reference to: : (i) organizational documents means the deed of incorporation (akte van oprichting), articles of association (statuten) and an extract of the Dutch Chamber of Commerce (Xxxxx van Koophandel); (ii) a necessary corporate or other organizational action to authorize where applicable, applicable includes without limitation: : (iiA) any action required to comply with the Dutch Act on the Works Councils Act of the Netherlands (Wet op de ondernemingsraden); and and (iiiB) obtaining an unconditional a positive advice or neutral advice, which, if conditional, contains conditions which in the opinion of the Trustee are acceptable and can reasonably be expected to be satisfied by the Issuer or a Dutch Guarantor without breaching the terms of this Indenture, from the competent works council(s); ; (iviii) gross negligence means grove xxxxxx; (v) a any Lien and any security right interest includes any mortgage (hypotheek), pledge (pandrecht), retention of title arrangement (eigendomsvoorbehoud), privilege (voorrecht), right of retention (recht van retentie), right to reclaim goods (recht van reclame), and, in general, any right in rem (beperkt zakelijk recht) created for the purpose of granting security (goederenrechtelijk zekerheidsrecht); ; (vi) wilful misconduct means opzet; (viiiv) a winding-bankruptcy, insolvency, liquidation, winding up, administration or dissolution (and any of those terms) includes a Dutch #96405991v19 entity being declared bankrupt (failliet verklaard) or dissolved (ontbonden); ; (viiiv) a moratorium includes (voorlopige) surseance van betaling and granted a moratorium includes (voorlopige) surseance verleend; (ix) insolvency includes a bankruptcy and moratorium; (x) any step or procedure taken in connection with insolvency proceedings includes a Dutch entity having given a notice under any of: (A) section 36 of the Tax Collection Act (Invorderingswet 1990); or (B) section 60 of the Social Insurance Financing Act (Wet Financiering Sociale Verzekeringen) in conjunction with section 36 of the Tax Collection Act (Invorderingswet 1990); (xi) a trustee in bankruptcy or an administrative receiver includes a curator; (xii) an administrator includes a bewindvoerder; (xiii) an attachment includes a beslag; and (xiv) a subsidiary includes a dochtermaatschappij as defined in section 2:24a of the Dutch Civil Code.