Common use of Organization and Qualification; Power and Authority; Compliance With Laws Clause in Contracts

Organization and Qualification; Power and Authority; Compliance With Laws. Title to Properties; Event of Default 80 6.2 Loan Parties; Subsidiaries and Owners; Investment Companies 81 6.3 Validity and Binding Effect 81 6.4 No Conflict; Material Agreements; Consents 81 6.5 Litigation 82 6.6 Financial Statements 82 6.7 No Material Adverse Change 82 6.8 Margin Stock 82 6.9 Full Disclosure 82 6.10 Taxes 83 6.11 Intellectual Property 83 6.12 Ownership of Property; Liens in the Collateral 83 6.13 Insurance 84 6.14 ERISA Compliance 84 6.15 Environmental Matters 84 6.16 Solvency 85 6.17 Sanctions and other Anti-Terrorism Laws 85 6.18 Anti-Corruption Laws 85 6.19 Certificate of Beneficial Ownership 85 6.20 No Affected Financial Institutions 85 6.21 Surety Obligations 86 6.22 Subordination of Subordinated Debt 86 6.23 No Casualty 86 Article 7 CONDITIONS OF LENDING AND ISSUANCE OF LETTERS OF CREDIT 86 7.1 Conditions to Effectiveness 86 7.2 Conditions to Funding Date 87 7.3 Each Loan or Letter of Credit 89 Article 8 AFFIRMATIVE COVENANTS 89 8.1 Preservation of Existence, Etc 89 8.2 Payment of Liabilities, Including Taxes, Etc 90 8.3 Maintenance of Insurance 90 8.4 Maintenance of Properties and Leases 90 8.5 Inspection Rights 90 8.6 Keeping of Records and Books of Account 90 8.7 Compliance with Laws; Use of Proceeds 91 8.8 Additional Subsidiaries; Further Assurances 91 8.9 Sanctions and other Anti-Terrorism Laws 93 8.10 Keepwell 93 8.11 Reporting Requirements 94 8.12 Certificates; Notices; Additional Information 94 8.13 Certificate of Beneficial Ownership and Other Additional Information 96 8.14 Post-Closing Covenant 96 Article 9 NEGATIVE COVENANTS 97 9.1 Indebtedness 97 9.2 Liens 99 ​ ​ Page ​ ​

Organization and Qualification; Power and Authority; Compliance With Laws. Title to Properties; Event of Default 80 6.2 Loan Parties76 5.2 Borrower; Subsidiaries and Owners; Investment Companies 81 6.3 76 5.3 Validity and Binding Effect 81 6.4 77 5.4 No Conflict; Material Agreements; Consents 81 6.5 77 5.5 Litigation 82 6.6 77 5.6 Financial Statements 82 6.7 No 77 5.7 Material Adverse Change 82 6.8 Effect 78 5.8 Margin Stock 82 6.9 78 5.9 Full Disclosure 82 6.10 78 5.10 Taxes 83 6.11 Intellectual Property 83 6.12 Ownership of Property; 79 5.11 Patents, Trademarks, Copyrights, Licenses, Etc 79 5.12 Liens in the Collateral 83 6.13 79 5.13 Insurance 84 6.14 79 5.14 ERISA Compliance 84 6.15 79 5.15 Environmental Matters 84 6.16 80 5.16 Solvency 85 6.17 81 5.17 Sanctions and other Anti-Terrorism Laws 85 6.18 81 5.18 Anti-Corruption Laws 85 6.19 81 5.19 Certificate of Beneficial Ownership 85 6.20 No Affected Financial Institutions 85 6.21 Surety Obligations 86 6.22 Subordination of Subordinated Debt 86 6.23 No Casualty 86 Article 7 81 5.20 Mines 81 5.21 Reserves 81 5.22 Labor Matters 81 ARTICLE 6 CONDITIONS OF LENDING AND ISSUANCE OF LETTERS OF CREDIT 86 7.1 Conditions to Effectiveness 86 7.2 Conditions to Funding Date 87 7.3 82 6.1 Initial Loans and Letters of Credit 82 6.2 Each Loan or Letter of Credit 89 Article 8 84 ARTICLE 7 AFFIRMATIVE COVENANTS 89 8.1 85 7.1 Preservation of Existence, Etc 89 8.2 85 7.2 Payment of Liabilities, Including Taxes, Etc 90 8.3 Taxes 85 7.3 Maintenance of Insurance 90 8.4 85 7.4 Maintenance of Properties Properties, Leases and Leases 90 8.5 Permits 86 7.5 Inspection Rights 90 8.6 86 7.6 [Reserved.] 86 7.7 Keeping of Records and Books of Account 90 8.7 86 7.8 Compliance with Laws; Use of Proceeds 91 8.8 Additional Subsidiaries; Further Assurances 91 8.9 Sanctions and other Anti-Terrorism Laws 93 8.10 Keepwell 93 8.11 Reporting Requirements 94 8.12 Certificates; Notices; Additional Information 94 8.13 Certificate of Beneficial Ownership and Other Additional Information 96 8.14 Post-Closing Covenant 96 Article 9 NEGATIVE COVENANTS 97 9.1 Indebtedness 97 9.2 Liens 99 ​ ​ Page ​ ​86

Organization and Qualification; Power and Authority; Compliance With Laws. Title to Properties; Event of Default 80 Default. 68 6.2 Loan PartiesBorrower; Subsidiaries and Owners; Investment Companies 81 Companies. 69 6.3 Validity and Binding Effect 81 Effect. 69 6.4 No Conflict; Material Agreements; Consents 81 Consents. 69 6.5 Litigation 82 Litigation. 70 6.6 Financial Statements 82 Statements. 70 6.7 No Material Adverse Change 82 Accuracy of Financial Statements. 71 6.8 Margin Stock 82 Stock. 71 6.9 Full Disclosure 82 Disclosure. 71 6.10 Taxes 83 Taxes. 71 6.11 Intellectual Property 83 Patents, Trademarks, Copyrights, Licenses, Etc. 71 6.12 Ownership of Property; Liens in the Collateral 83 Collateral. 71 6.13 Insurance 84 Insurance. 72 6.14 ERISA Compliance 84 Compliance. 72 6.15 Environmental Matters 84 Matters. 73 6.16 Solvency 85 Solvency. 73 6.17 Sanctions and other Anti-Terrorism Laws 85 Laws. 73 6.18 Anti-Corruption Laws 85 Laws. 74 6.19 Certificate of Beneficial Ownership 85 6.20 No Affected Financial Institutions 85 6.21 Surety Obligations 86 6.22 Subordination Ownership. 74 7.1 Initial Loans and Letters of Subordinated Debt 86 6.23 No Casualty 86 Article 7 CONDITIONS OF LENDING AND ISSUANCE OF LETTERS OF CREDIT 86 7.1 Conditions to Effectiveness 86 Credit. 74 7.2 Conditions to Funding Date 87 7.3 Each Loan or Letter of Credit 89 Article 8 AFFIRMATIVE COVENANTS 89 Credit. 76 8.1 Preservation of Existence, Etc 89 Etc. 76 8.2 Payment of Liabilities, Including Taxes, Etc 90 Etc. 76 8.3 Maintenance of Insurance 90 Insurance. 77 8.4 Maintenance of Properties and Leases 90 Leases. 77 8.5 Inspection Rights 90 Rights. 77 8.6 Keeping of Records and Books of Account 90 Account. 77 8.7 Compliance with Laws; Use of Proceeds 91 Proceeds. 78 8.8 Additional SubsidiariesSubsidiaries and Real Property; Further Assurances 91 Assurances. 78 8.9 Sanctions and other Anti-Terrorism Laws 93 Laws; Anti-Corruption Laws. 79 8.10 Keepwell 93 [Reserved]. 80 8.11 Keepwell. 80 8.12 Reporting Requirements 94 8.12 Requirements. 80 8.13 Certificates; Notices; Additional Information 94 8.13 Information. 81 8.14 Certificate of Beneficial Ownership and Other Additional Information 96 8.14 Information. 82 8.15 Post-Closing Covenant 96 Article 9 NEGATIVE COVENANTS 97 Obligations. 82 9.1 Indebtedness 97 Indebtedness. 83 9.2 Liens 99 ​ ​ Page ​ ​Liens. 84 9.3 Loans and Investments. 84 9.4 Dividends and Related Distributions. 85 9.5 Liquidations, Mergers, Consolidations, Acquisitions. 85 9.6 Dispositions of Assets or Subsidiaries. 85 9.7 Affiliate Transactions. 85 9.8 Subsidiaries, Partnerships and Joint Ventures. 85 9.9 Continuation of or Change in Business. 85 9.10 Fiscal Year. 86 9.11 Changes to Material Documents. 86 9.12 [Reserved]. 86 9.13 Minimum Consolidated Fixed Charge Coverage Ratio. 86 9.14 Maximum Consolidated Leverage Ratio. 86 9.15 Reserved. 86 9.16 Reserved. 86 9.17 Limitation on Negative Pledges and Restrictive Agreements. 86 9.18 Reserved. 86 9.19 Agreements Restricting Dividends. 86 9.20 Sanctions and other Anti-Terrorism Laws. 87 9.21 Anti-Corruption Laws. 87 10.1 Events of Default. 87 10.2 Consequences of Event of Default. 89 10.3 Application of Proceeds. 90

Organization and Qualification; Power and Authority; Compliance With Laws. Title to Properties; Event of Default 80 6.2 Loan Parties; 73 6.1.2 Subsidiaries and Owners; Investment Companies 81 6.3 74 6.1.3 Validity and Binding Effect 81 6.4 74 6.1.4 No Conflict; Material Agreements; Consents 81 6.5 74 Table of Contents 6.1.5 Litigation 82 6.6 74 6.1.6 Financial Statements 82 6.7 No Material Adverse Change 82 6.8 75 6.1.7 Margin Stock 82 6.9 75 6.1.8 Full Disclosure 82 6.10 75 6.1.9 Taxes 83 6.11 Intellectual Property 83 6.12 Ownership of Property; 75 6.1.10 Patents, Trademarks, Copyrights, Licenses, Etc 75 6.1.11 Liens in the Collateral 83 6.13 76 6.1.12 Insurance 84 6.14 76 6.1.13 ERISA Compliance 84 6.15 76 6.1.14 Environmental Matters 84 6.16 76 6.1.15 Solvency 85 6.17 Sanctions and other 78 6.1.16 Employment Matters 78 6.1.17 Title to Properties 78 6.1.18 Coal Act; Black Lung Act 79 6.1.19 Bonding Capacity 79 6.1.20 Permit Blockage 79 6.1.21 Anti-Terrorism Laws 85 6.18 Anti-Corruption Laws 85 6.19 Laws; EEA Financial Institution 79 6.1.22 Mining Property 79 6.1.23 Certificate of Beneficial Ownership 85 6.20 No Affected Financial Institutions 85 6.21 Surety Obligations 86 6.22 Subordination of Subordinated Debt 86 6.23 No Casualty 86 Article 7 79 6.2 Updates to Schedules 80 7. CONDITIONS OF LENDING AND ISSUANCE OF LETTERS OF CREDIT 86 80 7.1 Conditions to Effectiveness 86 First Loans and Letters of Credit 80 7.1.1 Deliveries 80 7.1.2 Payment of Fees 83 7.2 Conditions to Funding Date 87 7.3 Each Loan or Letter of Credit 89 Article 8 AFFIRMATIVE 83 8. COVENANTS 89 83 8.1 Affirmative Covenants. 83 8.1.1 Preservation of Existence, Etc 89 8.2 83 8.1.2 Payment of Liabilities, Including Taxes, Etc 90 8.3 83 8.1.3 Maintenance of Insurance 90 8.4 83 8.1.4 Maintenance of Properties and Leases 90 8.5 Inspection 84 8.1.5 Visitation Rights 90 8.6 84 8.1.6 Keeping of Records and Books of Account 90 8.7 84 8.1.7 Compliance with Laws; Use of Proceeds 91 8.8 Additional Subsidiaries; 84 8.1.8 Further Assurances 91 8.9 Sanctions and other 85 Table of Contents Page 8.1.9 Anti-Terrorism Laws 93 8.10 85 8.1.10 Keepwell 93 8.11 Reporting Requirements 94 8.12 Certificates85 8.1.11 Collateral and Additional Collateral; Notices; Execution and Delivery of Additional Information 94 8.13 and Ancillary Security Documents 86 8.1.12 Maintenance of Coal Supply Agreements and Material Contracts 88 8.1.13 Maintenance of Licenses, Etc 88 8.1.14 Maintenance of Permits 88 8.1.15 [Reserved] 88 8.1.16 Certificate of Beneficial Ownership and Other Additional Information 88 8.1.17 Appraisal 89 8.1.18 Financial Advisor 89 8.2 Negative Covenants 90 8.2.1 Indebtedness 90 8.2.2 Liens 91 8.2.3 Guaranties 91 8.2.4 Loans and Investments 91 8.2.5 Dividends and Related Distributions 92 8.2.6 Liquidations, Mergers, Consolidations, Acquisitions 93 8.2.7 Dispositions of Assets or Subsidiaries 94 8.2.8 Affiliate Transactions 95 8.2.9 Subsidiaries, Partnerships and Joint Ventures 95 8.2.10 Continuation of or Change in Business 96 8.14 Post-Closing Covenant 8.2.11 Fiscal Year 96 Article 9 NEGATIVE COVENANTS 8.2.12 Issuance of Stock 96 8.2.13 Changes in Organizational Documents 96 8.2.14 Capital Expenditures and Leases 96 8.2.15 Minimum Debt Service Coverage Ratio 96 8.2.16 Maximum Leverage Ratios 97 9.1 Indebtedness 8.2.17 Minimum Liquidity 97 9.2 Liens 99 ​ ​ 8.2.18 Minimum Quarterly Consolidated EBITDA 97 8.2.19 Power Generation Hxxxxx 97 8.2.20 Cash Surplus 97 8.3 Reporting Requirements 98 8.3.1 Quarterly Financial Statements 98 Table of Contents Page ​ ​8.3.2 Annual Financial Statements 98 8.3.3 Certificates of the Borrower 98 8.3.4 Notices 98 8.3.5 Projected Cash Flow Statements 99

Organization and Qualification; Power and Authority; Compliance With Laws. Title to Properties; Event of Default 80 6.2 Loan Parties5.2 Borrower; Subsidiaries and Owners; Investment Companies 81 6.3 5.3 Validity and Binding Effect 81 6.4 5.4 No Conflict; Material Agreements; Consents 81 6.5 5.5 Litigation 82 6.6 81 5.6 Financial Statements 82 6.7 No 5.7 Material Adverse Change Effect 82 6.8 5.8 Margin Stock 82 6.9 5.9 Full Disclosure 82 6.10 5.10 Taxes 83 6.11 Intellectual Property 5.11 Patents, Trademarks, Copyrights, Licenses, Etc. 83 6.12 Ownership of Property; 5.12 Liens in the Collateral 83 6.13 5.13 Insurance 84 6.14 83 5.14 ERISA Compliance 84 6.15 83 5.15 Environmental Matters 84 6.16 5.16 Solvency 85 6.17 5.17 Sanctions and other Anti-Terrorism International Trade Laws 85 6.18 5.18 Anti-Corruption Laws 85 6.19 5.19 Certificate of Beneficial Ownership 85 6.20 No Affected Financial Institutions 5.20 Mines 85 6.21 Surety Obligations 86 6.22 Subordination of Subordinated Debt 86 6.23 No Casualty 86 Article 7 5.21 Reserves 85 5.22 Labor Matters 85 ARTICLE 6 CONDITIONS OF LENDING AND ISSUANCE OF LETTERS OF CREDIT 86 7.1 Conditions to Effectiveness 6.1 Initial Loans and Letters of Credit 86 7.2 Conditions to Funding Date 87 7.3 6.2 Each Loan or Letter of Credit 89 Article 8 88 ARTICLE 7 AFFIRMATIVE COVENANTS 89 8.1 7.1 Preservation of Existence, Etc Etc. 89 8.2 7.2 Payment of Liabilities, Including Taxes, Etc 90 8.3 Taxes 89 7.3 Maintenance of Insurance 90 8.4 89 7.4 Maintenance of Properties Properties, Leases and Leases Permits 90 8.5 7.5 Inspection Rights 90 8.6 7.6 [Reserved.] 90 7.7 Keeping of Records and Books of Account 90 8.7 7.8 Compliance with Laws; Use of Proceeds 91 8.8 7.9 Additional SubsidiariesSubsidiaries and Real Property; Australian Equity Pledge; Further Assurances 91 8.9 Sanctions and other 7.10 Anti-Terrorism Corruption Laws; Anti-Money Laundering Laws; International Trade Laws 93 8.10 95 7.11 Keepwell 93 8.11 95 7.12 Reporting Requirements 94 8.12 95 7.13 Certificates; Notices; Additional Information 94 8.13 96 7.14 Certificate of Beneficial Ownership and Other Additional Information 96 8.14 98 7.15 Post-Closing Covenant 96 Article 9 Obligations 98 ARTICLE 8 NEGATIVE COVENANTS 97 9.1 98 8.1 Indebtedness 97 9.2 98 8.2 Liens 99 ​ ​ Page ​ ​101 8.3 Loans and Investments 101 8.4 Restricted Payments 103 8.5 Liquidations, Mergers, Consolidations 105 8.6 Dispositions of Assets or Subsidiaries 105 8.7 Affiliate Transactions 107 8.8 [Reserved] 108 8.9 Continuation of or Change in Business 108 8.10 Fiscal Year 109 8.11 Changes to Material Documents 109

Organization and Qualification; Power and Authority; Compliance With Laws. Title to Properties; Event of Default 80 6.2 Loan Parties; 56 6.1.2 Subsidiaries and Owners; Investment Companies 81 6.3 56 6.1.3 Validity and Binding Effect 81 6.4 57 6.1.4 No Conflict; Material Agreements; Consents 81 6.5 57 6.1.5 Litigation 82 6.6 57 6.1.6 Financial Statements 82 6.7 No Material Adverse Change 82 6.8 57 6.1.7 Margin Stock 82 6.9 58 6.1.8 Full Disclosure 82 6.10 58 6.1.9 Taxes 83 6.11 Intellectual Property 83 6.12 Ownership of Property; 58 6.1.10 Patents, Trademarks, Copyrights, Licenses, Etc. 59 6.1.11 Liens in the Collateral 83 6.13 59 6.1.12 Insurance 84 6.14 59 6.1.13 ERISA Compliance 84 6.15 59 6.1.14 Environmental Matters 84 6.16 60 6.1.15 Solvency 85 6.17 Sanctions and other Anti-Terrorism Laws 85 6.18 Anti-Corruption Laws 85 6.19 Certificate of Beneficial Ownership 85 6.20 No Affected Financial Institutions 85 6.21 Surety Obligations 86 6.22 Subordination of Subordinated Debt 86 6.23 No Casualty 86 Article 7 60 6.2 Updates to Schedules 60 7. CONDITIONS OF LENDING AND ISSUANCE OF LETTERS OF CREDIT 86 60 7.1 Conditions to Effectiveness 86 First Loans and Letters of Credit 60 7.1.1 Deliveries 61 7/1/2002 Payment of Fees 62 7.2 Conditions to Funding Date 87 7.3 Each Loan or Letter of Credit 89 Article 8 AFFIRMATIVE 62 8. COVENANTS 89 62 8.1 Affirmative Covenants 62 8/1/2001 Preservation of Existence, Etc 89 8.2 Etc. 62 8/1/2002 Payment of Liabilities, Including Taxes, Etc 90 8.3 Etc. 62 8/1/2003 Maintenance of Insurance 90 8.4 62 8/1/2004 Maintenance of Properties and Leases 90 8.5 Inspection 63 8/1/2005 Visitation Rights 90 8.6 63 8/1/2006 Keeping of Records and Books of Account 90 8.7 63 8/1/2007 Compliance with Laws; Use of Proceeds 91 8.8 Additional Subsidiaries; 63 8/1/2008 Further Assurances 91 8.9 Sanctions and other 63 8/1/2009 Anti-Terrorism Laws 93 8.10 Keepwell 93 8.11 63 8.2 Negative Covenants 64 8/2/2001 Indebtedness 64 8/2/2002 Liens; Lien Covenants 66 8/2/2003 Guaranties 66 8/2/2004 Loans and Investments 66 8/2/2005 Dividends and Related Distributions 67 8/2/2006 Liquidations, Mergers, Consolidations, Acquisitions 68 8/2/2007 Dispositions of Assets or Subsidiaries 68 8/2/2008 Affiliate Transactions 69 8/2/2009 Subsidiaries, Partnerships and Joint Ventures 70 8/2/2010 Continuation of or Change in Business 70 8/2/2011 Fiscal Year 70 8/2/2012 Changes in Organizational Documents 70 8/2/2013 Capital Expenditures and Leases 70 8/2/2014 Minimum Fixed Charge Coverage Ratio 71 8/2/2015 Maximum Leverage Ratio. The Loan Parties shall not at any time permit the Leverage Ratio to be greater than 3.00 to 1.00 71 8.3 Reporting Requirements 94 8.12 Certificates; Notices; Additional Information 94 8.13 72 8/3/2001 Quarterly Financial Statements 72 8/3/2002 Annual Financial Statements 72 8/3/2003 Certificate of Beneficial Ownership the Borrower 72 8/3/2004 Notices 73 9. DEFAULT 74 9.1 Events of Default 74 9/1/2001 Payments Under Loan Documents 74 9/1/2002 Breach of Warranty 74 9.1.39.1.49.1.59.1.69.1.79.1.89.1.99.1.109.1.11 Breach of Negative Covenants or Visitation RightsBreach of Other CovenantsDefaults in Other AgreementsFinal Judgments or OrdersLoan Document UnenforceableUninsured Losses; Proceedings Against AssetsEvents Relating to PlansChange of ControlRelief Proceedings 747475757575757575 9.2 Consequences of Event of Default 76 9.2.19.2.29.2.39.2.4 Events of Default Other Than Bankruptcy, Insolvency or Reorganization ProceedingsBankruptcy, Insolvency or Reorganization ProceedingsSet-offApplication of Proceeds 76767677 10. THE ADMINISTRATIVE AGENT 77 10.1 Appointment and Authority 77 10.2 Rights as a Lender 77 10.3 Exculpatory Provisions 78 10.4 Reliance by Administrative Agent 79 10.5 Delegation of Duties 79 10.6 Resignation of Administrative Agent 79 10.7 Non-Reliance on Administrative Agent and Other Additional Information 96 8.14 Post-Closing Covenant 96 Article 9 NEGATIVE COVENANTS 97 9.1 Indebtedness 97 9.2 Liens 99 ​ ​ Page ​ ​Lenders 80 10.8 No Other Duties, etc. 80 10.9 Administrative Agent’s Fee 80 10.10 Authorization to Release Collateral and Guarantors 80 10.11 No Reliance on Administrative Agent’s Customer Identification Program 81 11. MISCELLANEOUS 81 11.1 Joint and Several Obligations 81 11.2 Modifications, Amendments or Waivers 82 11/2/2001 Increase of Commitment 82 11/2/2002 Extension of Payment; Reduction of Principal Interest or Fees; Modification of Terms of Payment 82 11/2/2003 Release of Collateral or Guarantor 82 11/2/2004 Miscellaneous 82