Common use of Outstanding Letters of Credit Clause in Contracts

Outstanding Letters of Credit. The letters of credit set forth under the caption “Letters of Credit outstanding on the Effective Date” on Schedule 2.10(j) annexed hereto and made a part hereof were issued pursuant to the Existing Credit Agreement and remain outstanding as of the Initial Borrowing Date (the “Outstanding Letters of Credit”). Company, each Facing Agent and each of the Lenders hereby agree that on the Initial Borrowing Date, the Outstanding Letters of Credit, for all purposes under this Agreement, shall be deemed to be Letters of Credit governed by the terms and conditions of this Agreement. Each Lender agrees to participate in each Outstanding Letter of Credit issued by any Facing Agent in an amount equal to its Multicurrency Revolver Pro Rata Share of the Stated Amount of such Outstanding Letter of Credit.

Outstanding Letters of Credit. The letters of credit set forth under the caption “Letters of Credit outstanding on the Effective Date” on Schedule 2.10(j) annexed hereto and made a part hereof which were issued pursuant to the Existing Credit Agreement and remain outstanding as of the Initial Borrowing Date (the “Outstanding Letters of Credit”). Company, each Facing Agent and each of the Lenders hereby agree with respect to the Outstanding Letters of Credit that on the Initial Borrowing Date, the such Outstanding Letters of Credit, for all purposes under this Agreement, Agreement shall be deemed to be Letters of Credit governed by the terms and conditions of this Agreement. Each Lender agrees to participate in each Outstanding Letter of Credit issued by any Facing Agent in an amount equal to its Multicurrency Revolver Pro Rata Share of the Stated Amount of such Outstanding Letter of Credit.

Outstanding Letters of Credit. The letters of credit set forth under the caption “"Letters of Credit outstanding Outstanding on the Effective Closing Date” " on Schedule 2.10(j2.3(e) annexed hereto and made a part hereof were issued pursuant to the Existing Credit Agreement and which remain outstanding as of the Initial Borrowing Closing Date (the “"Outstanding Letters of Credit”"). CompanyThe Borrower, each Facing Agent Issuing Bank and each of the Lenders hereby agree with respect to the Outstanding Letters of Credit that on the Initial Borrowing Date, the such Outstanding Letters of Credit, for all purposes under this Agreement, Agreement shall be deemed to be Letters of Credit governed by the terms and conditions of this Agreement. Each Lender agrees to participate in each Outstanding Letter of Credit issued by any Facing Agent Issuing Bank in an amount equal to its Multicurrency Revolver Pro Rata Share of the Stated Amount face amount of such Outstanding Letter of Credit.

Outstanding Letters of Credit. The letters of credit set forth under the caption “"Letters of Credit outstanding on the Effective Date” " on Schedule 2.10(j) annexed hereto and made a part hereof which were issued pursuant to the Existing Credit Agreement and remain outstanding as of the Initial Borrowing Date (the “"Outstanding Letters of Credit”"). Company, each Facing Agent and each of the Lenders hereby agree with respect to the Outstanding Letters of Credit that on the Initial Borrowing Date, the such Outstanding Letters of Credit, for all purposes under this Agreement, Agreement shall be deemed to be Letters of Credit governed by the terms and conditions of this Agreement. Each Lender agrees to participate in each Outstanding Letter of Credit issued by any Facing Agent in an amount equal to its Multicurrency Revolver Pro Rata Share of the Stated Amount of such Outstanding Letter of Credit.

Outstanding Letters of Credit. The letters of credit set forth under the caption “Letters of Credit outstanding on the Effective Restatement Date” on Schedule 2.10(j) annexed hereto and made a part hereof which were issued pursuant to the Existing Credit Agreement and remain outstanding as of the Initial Borrowing Restatement Date (the “Outstanding Letters of Credit”). Company, each Facing Agent and each of the Lenders hereby agree with respect to the Outstanding Letters of Credit that on the Initial Borrowing Date, the such Outstanding Letters of Credit, for all purposes under this Agreement, Agreement shall be deemed to be Letters of Credit governed by the terms and conditions of this Agreement. Each Lender agrees to participate in each Outstanding Letter of Credit issued by any Facing Agent in an amount equal to its Multicurrency Revolver Pro Rata Share of the Stated Amount of such Outstanding Letter of Credit.

Outstanding Letters of Credit. The letters of credit set forth under the caption “Letters of Credit outstanding on the Effective Closing Date” on Schedule 2.10(j) annexed hereto and made a part hereof were issued pursuant to the Existing 2015 Credit Agreement and remain outstanding as of the Initial Borrowing Closing Date (the “Outstanding Letters of Credit”). CompanyEach Borrower, each Facing Agent and each of the Lenders hereby agree that on the Initial Borrowing Closing Date, the Outstanding Letters of Credit, for all purposes under this Agreement, shall be deemed to be Letters of Credit governed by the terms and conditions of this Agreement. Each Lender agrees to participate in each Outstanding Letter of Credit issued by any Facing Agent in an amount equal to its Multicurrency Revolver Pro Rata Share of the Stated Amount of such Outstanding Letter of Credit.

Outstanding Letters of Credit. The letters of credit set forth under the caption “Letters of Credit outstanding on the Effective Date” on Schedule 2.10(j) annexed hereto and made a part hereof were issued pursuant to the Existing Credit Agreement and which remain outstanding as of the Initial Borrowing Date (the “Outstanding Letters of Credit”). CompanyEach Borrower, each Facing Agent and each of the Lenders hereby agree with respect to the Outstanding Letters of Credit that on the Initial Borrowing Date, the such Outstanding Letters of Credit, for all purposes under this Agreement, Agreement shall be deemed to be Letters of Credit governed by the terms and conditions of this Agreement. Each Lender agrees to participate in each Outstanding Letter of Credit issued by any Facing Agent in an amount equal to its Multicurrency Revolver Pro Rata Share of the Stated Amount of such Outstanding Letter of Credit.

Outstanding Letters of Credit. The letters of credit set forth under the caption “"Letters of Credit outstanding on the Effective Closing Date” " on Schedule 2.10(j) 2.15.10 annexed hereto and made a part hereof were issued pursuant to the Existing Credit Agreement a prior credit facility and remain outstanding as of the Initial Borrowing Closing Date (the “"Outstanding Letters of Credit”"). The Company, each Facing Agent LC Issuer and each of the Lenders hereby agree with respect to the Outstanding Letters of Credit that on the Initial Borrowing Date, the such Outstanding Letters of Credit, for all purposes under this Agreement, shall be deemed to be Letters of Credit governed by the terms and conditions of this Agreement. Each Lender agrees to participate in each Outstanding Letter of Credit issued by any Facing Agent LC Issuer in an amount equal to its Multicurrency such Lender's Revolver Pro Rata Share of the Stated Amount of such Outstanding Letter of Credit.

Outstanding Letters of Credit. The letters of credit set forth under the caption “"Letters of Credit outstanding on the Effective Closing Date” " on Schedule 2.10(j) 3.09 annexed hereto and made a part hereof were issued pursuant to the Existing Credit Agreement or were extended by the Agent in contemplation of the execution of this Agreement and remain outstanding as of the Initial Borrowing Closing Date (the “"Outstanding Letters of Credit”"). The Company, each Facing Agent Issuing Bank and each of the Lenders Banks hereby agree with respect to the Outstanding Letters of Credit that on the Initial Borrowing Date, the such Outstanding Letters of Credit, for all purposes under this Agreement, Agreement shall be deemed to be Letters of Credit governed by the terms and conditions of this Agreement. Each Lender Bank agrees to participate in each Outstanding Letter of Credit issued by any Facing Agent Issuing Bank in an amount equal to its Multicurrency Revolver Pro Rata Share of the Stated Amount stated amount of such Outstanding Letter of Credit.. 65

Outstanding Letters of Credit. The letters of credit set forth under the caption “"Letters of Credit outstanding on the Effective Original Closing Date” " on Schedule 2.10(j2.9(j) annexed hereto and made a part hereof were issued pursuant to the Existing Credit Agreement and which remain outstanding as of the Initial Borrowing Closing Date (the “"Outstanding Letters of Credit”"). The Company, each Facing Agent and each of the Lenders hereby agree with respect to the Outstanding Letters of Credit that on the Initial Borrowing Date, the such Outstanding Letters of Credit, for all purposes under this Agreement, Agreement shall be deemed to be Letters of Credit governed by the terms and conditions of this Agreement. Each Lender agrees to participate in each Outstanding Letter of Credit issued by any Facing Agent in an amount equal to its Multicurrency Revolver Pro Rata Share of the Stated Amount of such Outstanding Letter of Credit.

Outstanding Letters of Credit. The letters of credit set forth under the caption “"Letters of Credit outstanding Outstanding on the Effective Closing Date” " on Schedule 2.10(j) annexed hereto and made a part hereof were issued pursuant to the Existing Credit Agreement and which remain outstanding as of the Initial Borrowing Closing Date (the “"Outstanding Letters of Credit”"). The Company, each Facing Agent, Agent and each of the Lenders hereby agree that on the Initial Borrowing Date, with respect to the Outstanding Letters of Credit, Credit that such Outstanding Letters of Credit for all purposes under this Agreement, Agreement shall be deemed to be Letters of Credit governed by the terms and conditions of this AgreementAgreement as if such Letters of Credit had been issued on the Closing Date. Each Lender agrees to participate in each Outstanding Letter of Credit issued by any Facing Agent in an amount equal to its Multicurrency Revolver Pro Rata Share of the Stated Amount of such Outstanding Letter of Credit.

Outstanding Letters of Credit. The letters of credit set forth under the caption “"Letters of Credit outstanding on the Effective Date” " on Schedule 2.10(j2.9(j) annexed hereto and made a part hereof were issued pursuant to the Existing Credit Agreement or other existing agreements with Vantico International and which remain outstanding as of the Initial Borrowing Date (the “"Outstanding Letters of Credit”"). CompanyBorrowers, each Facing Agent and each of the Lenders hereby agree with respect to the Outstanding Letters of Credit that on the Initial Borrowing Date, the such Outstanding Letters of Credit, for all purposes under this Agreement, Agreement shall be deemed to be Letters of Credit governed by the terms and conditions of this Agreement. Each Lender agrees to participate in each Outstanding Letter of Credit issued by any Facing Agent in an amount equal to its Multicurrency Revolver Pro Rata Share of the Stated Amount of such Outstanding Letter of Credit.