Common use of Prior Commitment Clause in Contracts

Prior Commitment. This Agreement is in addition to, and not in replacement of, that certain commitment agreement, dated 17 May, 2013, by and between the Silver Point Funds and the Company, which shall remain in full force and effect. Sincerely, SILVER POINT CAPITAL FUND, L.P. By: Silver Point Capital, L.P. its investment manager By: Name: Title: SILVER POINT CAPITAL OFFSHORE MASTER FUND, L.P. By: Silver Point Capital, L.P. its investment manager By: Name: Title: SPCP GROUP III, LLC By: Name: Title: Acknowledged and agreed as of the date first written above by: STUDIO CITY INTERNATIONAL HOLDINGS LIMITED By: Name: Title: Studio City International Holdings Limited c/o Offshore Incorporations Centre P.O. Box 957, Road Town Tortola, British Virgin Islands Attention: Xxxxxxxxx Xxxxxx, Chief Legal Officer Fax No.: +000-0000-0000 Ladies and Gentlemen: This commitment agreement (this “Agreement”) is dated 3 June, 2014 and is entered into by and among OCM Opportunities Fund V, L.P. (“OCM V”), OCM Asia Principal Opportunities Fund, L.P. (“OCM Asia”), OCM Opportunities Fund VI, L.P. (“OCM VI” and, together with OCM V and OCM Asia, the “Oaktree Funds”) and Studio City International Holdings Limited (the “Company”). Capitalized terms used herein but not defined shall have the meanings given to such terms in the Shareholders’ Agreement (as acceded to, and amended, from time to time, the “Shareholders’ Agreement”), and Amendment No. 3 to Shareholders’ Agreement (“Amendment No. 3”), both by and among the Company, New Cotai, LLC (“New Cotai”), MCE Cotai Investments Limited and Melco Crown Entertainment Limited. This Agreement is being delivered pursuant to clause 1(h) of Amendment No. 3.