CLIFFORD CHANCE
XXXXXXXX CHANCEPARTNERSCHAFTSGESELLSCHAFT
Execution Version
CLOSURE SYSTEMS INTERNATIONAL MACHINERY (GERMANY) GMBH
as Assignor
and
THE BANK OF NEW YORK MELLON
as Collateral Agent
(Globalabtretung)
The taking of this document or any certified copy of it or any document which
constitutes substitute documentation for it, or any document which includes written
confirmations or references to it, into Austria as well as printing out any e-mail
communication which refers to any Credit Document (as defined in Clause 1 of this
document) in Austria or sending any e-mail communication to which a pdf scan of this
document is attached to an Austrian addressee or sending any e-mail communication
carrying an electronic or digital signature which refers to any Credit Document to an
Austrian addressee may cause the imposition of Austrian stamp duty. Accordingly, keep
the original document as well as all certified copies thereof and written and signed
references to it outside of Austria and avoid printing out any email communication
which refers to any Credit Document in Austria or sending any e-mail communication
to which a pdf scan of this document is attached to an Austrian addressee or sending
any e-mail communication carrying an electronic or digital signature which refers to
any Credit Document to an Austrian addressee.
19245-3-4551-v4.0 70-40145101
XXXXXXXX CHANCE PARTNERSCHAFTSGESELLSCHAFT VON RECHTSANWÄLTEN, WIRTSCHAFTSPRÜFERN,
STEUERBERATERN UND SOLICITORS • SITZ: FRANKFURT AM MAIN • XX XXXXXXXXX XX XXXX XX 0000
CONTENTS
Clause Page
1. Definitions and Language ..............................................................................................4
2. Assignment ..................................................................................................................13
3. Transfer of Ancillary Rights ........................................................................................13
4. Purpose of the Assignment ..........................................................................................13
5. List of Receivables.......................................................................................................13
6. Notice of Assignment ..................................................................................................14
7. Receivables under Extended Retention of Title Arrangements ...................................15
8. Checks and Bills of Exchange .....................................................................................15
9. Collection of Receivables by the Assignor ..................................................................16
10. Enforcement .................................................................................................................16
11. Limitations on Enforcement ........................................................................................17
12. Bookkeeping and Data-Processing ..............................................................................20
13. Undertakings of the Assignor ......................................................................................21
14. Power of Attorney........................................................................................................21
15. Delegation ....................................................................................................................22
16. Indemnity .....................................................................................................................22
17. No liability ...................................................................................................................22
18. Duration and Independence .........................................................................................23
19. Release of Security (Sicherheitenfreigabe) .................................................................23
20. Partial Invalidity; Waiver.............................................................................................23
21. Amendments ................................................................................................................24
22. Notices and their Language .........................................................................................24
23. Applicable Law; Jurisdiction .......................................................................................26
24. Conclusion of the Agreement (Vertragsschluss) .........................................................26
Schedule 1 List of Current Borrowers and Current Guarantors .............................................. 28
Schedule 2 List of Collection Arrangement Receivables ........................................................ 33
Schedule 3 List of Current Account Receivables .................................................................... 34
Schedule 4 List of Customer Receivables ............................................................................... 35
Schedule 5 List of Existing Intercompany Loans .................................................................... 44
Schedule 6 Form of Blank Notification Letter ........................................................................ 45
Schedule 7 Form of Notice for a Disclosed Assignment ......................................................... 48
19245-3-4551-v4.0 70-40145101
This GLOBAL ASSIGNMENT AGREEMENT (the "Agreement") is made on
February 14,
___________ 2014
BETWEEN:
(1) Closure Systems International Machinery (Germany) GmbH, a limited liability
company (Gesellschaft mit beschränkter Haftung) organised under the laws of the
Federal Republic of Germany, having its business address at Xxxxxxx Xxxxxx 000,
00000 Xxxxx, Xxxxxxx registered in the commercial register (Handelsregister) of
the local court (Amtsgericht) of Mainz under HRB 45074 (the "Assignor"); and
(2) The Bank of New York Mellon, a public company incorporated under the laws of
the state of New York, having its business address at 0 Xxxx Xxxxxx, Xxx Xxxx, X.X.
00000, The United States of America, in its capacity as collateral agent under the First
Lien Intercreditor Agreement (as defined below) (the "Collateral Agent").
WHEREAS:
(A) Pursuant to the third amended and restated senior secured multi-currency term and
revolving credit agreement dated 28 September 2012 of up to USD 2,355,000,000 and
EUR 380,000,000 between, inter alios, the parties listed in Schedule 1 Part 1 hereto as
current borrowers (the "Current Borrowers"), the parties listed in Schedule 1 Part 2
hereto as current guarantors (the "Current Guarantors"), Credit Suisse AG as
administrative agent and others (as amended, varied, novated, restated, supplemented,
superseded or extended from time to time, the "Third Amended and Restated
Credit Agreement"), which amends and restates the multi-currency term and
revolving credit agreement originally dated 5 November 2009 between, inter alios,
the Current Borrowers, the Current Guarantors, Credit Suisse AG as administrative
agent and others (as amended and restated pursuant to the Third Amended and
Restated Credit Agreement and as further amended, varied, novated, restated,
supplemented, superseded or extended from time to time, hereinafter the "Credit
Agreement"), certain lenders (together the "Original Lenders") have granted certain
facilities to the Current Borrowers and certain other entities which may accede or may
have acceded to the Credit Agreement as additional borrowers.
(B) Pursuant to a senior secured notes indenture dated 5 November 2009 between, inter
alios, Xxxxxxxx Group Issuer LLC, Xxxxxxxx Group Issuer Inc., and Xxxxxxxx Group
Issuer (Luxembourg) S.A as Issuers (as defined below) and certain affiliates of the
Issuers as guarantors and The Bank of New York Mellon, as indenture trustee,
principal paying agent, transfer agent and registrar, (as amended, varied, novated,
supplemented, superseded or extended from time to time, the "2009 Senior Secured
Notes Indenture"), the Issuers have issued senior secured notes due 2016 in the
aggregate principal amount of EUR 450,000,000 (the "2009 Senior Secured Notes")
to certain noteholders.
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(C) On September 14, 2012, an offer was made to purchase USD 1,125,000,000 7.75%
USD notes due 2016 issued under the 2009 Senior Secured Notes Indenture.
Approximately USD 777,489,000 aggregate principal amount of the USD notes were
tendered. The settlement took place on September 28, 2012. The remainder of the
USD notes were redeemed on October 29, 2012. The EUR 450,000,000 7.75% 2009
Senior Secured Notes issued under the 2009 Senior Secured Notes Indenture were
redeemed on December 13, 2012 (the transactions described in the last three
sentences, collectively, the “2009 Senior Secured Notes Redemption”).
(D) Pursuant to a senior secured notes indenture dated 15 October 2010 between, inter
alios, RGHL US Escrow I LLC, RGHL US Escrow I Inc., and RGHL Escrow Issuer
(Luxembourg) I S.A. as escrow issuers (the "Escrow Issuers"), The Bank of New
York Mellon as indenture trustee, The Bank of New York Mellon, London Branch as
principal paying agent, The Bank of New York Mellon as collateral agent and
Wilmington Trust (London) Limited as additional collateral agent (as amended,
varied, novated, supplemented, superseded or extended from time to time, the
"October 2010 Secured Notes Indenture"), the Escrow Issuers have issued secured
notes due 2019 in the aggregate principal amount of USD 1,500,000,000 in escrow
(the "October 2010 Secured Notes"). In connection with the release from escrow of
the proceeds of the October 2010 Secured Notes, which occurred on 16 November
2010, the Escrow Issuers were merged with and into the Issuers, with each of the
Issuers surviving the applicable mergers or other transfers and assuming by operation
of law the obligations of the applicable Escrow Issuers with respect to the October
2010 Secured Notes Indenture and the October 2010 Secured Notes. Certain affiliates
of the Issuers listed in Schedule 1 Part 2 hereto have acceded to the October 2010
Secured Notes Indenture as current October 2010 secured notes guarantors (the
"Current October 2010 Secured Notes Guarantors").
(E) Pursuant to a senior secured notes indenture dated 1 February 2011 between, inter
alios, the Issuers, The Bank of New York Mellon as indenture trustee, The Bank of
New York Mellon, London Branch as principal paying agent, The Bank of New York
Mellon as collateral agent and Wilmington Trust (London) Limited as additional
collateral agent (as amended, varied, novated, supplemented, superseded or extended
from time to time, the "February 2011 Secured Notes Indenture"), the Issuers have
issued secured notes due 2021 in the aggregate principal amount of USD
1,000,000,000 (the "February 2011 Secured Notes") which are guaranteed by
certain affiliates of the Issuers listed in Schedule 1 Part 2 hereto as current February
2011 secured notes guarantors (the "Current February 2011 Secured Notes
Guarantors").
(F) Pursuant to a senior secured notes indenture dated 9 August 2011 between, inter alios,
the RGHL US Escrow II LLC and RGHL US Escrow II Inc. as escrow issuers (the
"August 2011 Escrow Issuers"), The Bank of New York Mellon as indenture trustee,
19245-3-4551-v4.0 -2- 70-00000000
The Bank of New York Mellon, London Branch as principal paying agent, The Bank
of New York Mellon as collateral agent and Wilmington Trust (London) Limited as
additional collateral agent (as amended, varied, novated, supplemented, superseded or
extended from time to time, the "August 2011 Secured Notes Indenture"), the
August 2011 Escrow Issuers have issued senior secured notes due 2019 in the
aggregate principal amount of USD 1,500,000,000 (the "August 2011 Secured
Notes"). In connection with the release from escrow of the proceeds of the August
2011 Secured Notes, which occurred on 8 September 2011 RGHL US Escrow II Inc.
and RGHL US Escrow II LLC were merged with and into Xxxxxxxx Group Issuer Inc.
and Xxxxxxxx Group Issuer LLC (together with Xxxxxxxx Group Issuer (Luxembourg)
S.A., the "August 2011 Ultimate Issuers"), respectively, and the obligations of the
August 2011 Escrow Issuers were assumed by the August 2011 Ultimate Issuers
pursuant to one or more supplemental indentures between, among others, the August
2011 Escrow Issuers, the August 2011 Ultimate Issuers, The Bank of New York
Mellon, as trustee, principal paying agent, transfer agent, registrar and collateral agent
and Wilmington Trust (London) Limited, as additional collateral agent. The August
2011 Ultimate Issuers and certain affiliates of the August 2011 Ultimate Issuers listed
in Schedule 1 Part 2 hereto which have acceded to the August 2011 Secured Notes
Indenture as current August 2011 secured notes guarantors (the "Current August
2011 Secured Notes Guarantors") guarantee the August 2011 Secured Notes.
(G) Pursuant to a senior secured notes indenture dated 28 September 2012 between, inter
alios, the Issuers, The Bank of New York Mellon as indenture trustee, principal
paying agent, transfer agent, collateral agent and registrar, The Bank of New York
Mellon, London Branch as paying agent and Wilmington Trust (London) Limited as
additional collateral agent (as amended, varied, novated, supplemented, superseded or
extended from time to time, the "September 2012 Secured Notes Indenture"), the
Issuers have issued secured notes due 2020 in the aggregate principal amount of USD
3,250,000,000 (the "September 2012 Secured Notes") which are guaranteed by
certain affiliates of the Issuers listed in Schedule 1 Part 2 hereto as current September
2012 secured notes guarantors (the "Current September 2012 Secured Notes
Guarantors").
(H) As a result of the Third Amended and Restated Credit Agreement and the amendment
No. 8 and incremental term loan assumption agreement dated 27 November 2013
between, inter alios, the Current Borrowers, the Current Guarantors, Credit Suisse
AG as administrative agent and others (the "Amendment No. 8 and Incremental
Term Loan Assumption Agreement") certain lenders have agreed to grant
incremental term loans in an aggregate amount of up to USD 2,212,650,000 and EUR
297,000,000 to repay the existing borrowings under the Third Amended and Restated
Credit Agreement.
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(I) As a result of the Credit Agreement and the loan modification agreement dated 27
December 2013 between, inter alios, the Current Borrowers, the Current Guarantors,
Credit Suisse AG as administrative agent and others (the "Loan Modification
Agreement"), the parties have agreed to refinance certain indebtedness and amend
certain terms of the revolving facility provided under the Credit Agreement, including
without limitation, to extend the maturity and to reduce the aggregate principal
amount of the Euro tranche of the revolving facility to EUR 54,235,000.
(J) The Assignor has agreed to assign the Receivables (as defined below) to the
Collateral Agent as security for the Secured Parties' (as defined below) respective
claims against the Grantors (as defined below) (or any of them) in respect of the
Obligations (as defined below).
(K) The security created by or pursuant to this Agreement is to be held and administered
by the Collateral Agent for the Secured Parties (as defined below) pursuant to a first
lien intercreditor agreement dated 5 November 2009 (as amended by the Amendment
No. 1 and Joinder Agreement (as defined below)) between, inter alios, the Collateral
Agent, The Bank of New York Mellon as indenture trustee, the Administrative Agent
and the Grantors (each as defined below) and others (as amended, varied, novated,
supplemented, superseded or extended from time to time, the "First Lien
Intercreditor Agreement").
NOW IT IS HEREBY AGREED as follows:
1. DEFINITIONS AND LANGUAGE
1.1 Definitions
In this Agreement:
"Administrative Agent" means Credit Suisse AG, Cayman Islands Branch, having its
business address at Eleven Madison Avenue, New York, NY 10010, United States of
America in its capacity as administrative agent under the Credit Agreement and any
successor appointed as administrative agent under the Credit Agreement.
"Amendment No.1 and Joinder Agreement" means the joinder agreement dated 21
January 2010 relating to the First Lien Intercreditor Agreement made among
(amongst others) the Collateral Agent, Wilmington Trust (London) Limited, Credit
Suisse AG and Xxxxxxxx Group Holdings Limited pursuant to which Wilmington
Trust (London) Limited is appointed as additional collateral agent and became party
to the First Lien Intercreditor Agreement.
"Ancillary Rights" means all present and future, actual and contingent rights and
claims (including monetary claims for damages) arising out of the underlying
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contractual or other relationship under which the Receivables are created, including
but not limited to, unilateral rights (Gestaltungsrechte) of the Assignor.
"August 2011 Secured Notes Documents" shall mean the August 2011 Secured
Notes Indenture, the August 2011 Secured Notes Guarantees, the August 2011
Secured Notes, the Intercreditor Arrangements, any supplemental indenture, any
security document relating to the August 2011 Secured Notes and/or the August 2011
Secured Notes Indenture and any other document that may be entered into pursuant to
any of the foregoing.
"August 2011 Secured Notes Guarantees" shall mean the guarantees of the
obligations of the Issuers under the August 2011 Secured Notes and the August 2011
Secured Notes Indenture by the August 2011 Secured Notes Guarantors.
"August 2011 Secured Notes Guarantors" means the Current August 2011 Secured
Notes Guarantors and any entity which may accede to the August 2011 Secured Notes
Indenture as additional guarantor.
"August 2011 Secured Notes Holders" shall mean the holders from time to time of
the August 2011 Secured Notes.
"August 2011 Secured Notes Indenture Trustee" shall mean The Bank of New
York Mellon, in its capacity as indenture trustee under the August 2011 Secured
Notes Indenture and any successor appointed as indenture trustee under the August
2011 Secured Notes Indenture.
"Authorisation" means the authorisation to collect the Receivables
(Einziehungsermächtigung) and to exercise any rights and claims in relation to the
Receivables in accordance with the terms of the Principal Finance Documents granted
by the Collateral Agent to the Assignor pursuant to Clause 9 hereof.
"Borrowers" means the Current Borrowers and any entity which may accede to the
Credit Agreement as an additional borrower and "Borrower" means any of them.
"Cash Management Bank" shall mean Citibank N.A., Banco Nacional De Mexico
S.A., Citibank International PLC, UK, Citibank (China) Co., Limited, Citibank Global
Markets Deutschland AG & Co XXxX, Xxxxxxxx XXX, Xxxxxxx, a Lender, the
Administrative Agent or any of the Lender's or the Administrative Agent's affiliates
(at the time the cash management services arrangement is entered into) provided in
each case it has become a party to, or by execution of an additional bank secured
party acknowledgment has agreed to be bound by the terms of, the First Lien
Intercreditor Agreement in its capacity as cash management bank.
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"Cash Management Services" shall mean any agreement or arrangement by a Cash
Management Bank to provide any composite accounting or other cash pooling
arrangements and netting, overdraft protection and other arrangements with any bank
arising under standard business terms of such Cash Management Bank to a Grantor.
"Collection Arrangement Receivables" means all present and future, actual and
contingent receivables of the Assignor against any collection agent or factor under or
in connection with any collection arrangement or factoring arrangement (whether with
or without recourse) (echtes und unechtes Factoring) relating to its Customer
Receivables including but not limited to those specified in Schedule 1 (List of
Collection Arrangement Receivables) or in a list provided to the Collateral Agent on
or about the date hereof.
"Credit Documents" shall mean the Loan Documents, the October 2010 Secured
Notes Documents, the February 2011 Secured Notes Documents, the August 2011
Secured Notes Documents and the September 2012 Secured Notes Documents.
"Current Account Receivables" means all present and future, actual and contingent
receivables of the Assignor originating from genuine or non-genuine current account
arrangements (echte oder unechte Kontokorrentverhältnisse), including but not
limited to the claim to determine the current account balance (Anspruch auf
Feststellung des gegenwärtigen Saldos) and the current account balance receivable
(Kontokorrentsaldoanspruch) (in particular the current account balance receivable of
the final current account statement (Saldoanspruch der Schlussrechnung)) including
but not limited to those specified in Schedule 2 (List of Current Account Receivables)
or in a list provided to the Collateral Agent on or about the date hereof.
"Customer Receivables" means all present and future, actual and contingent
receivables of the Assignor against all clients, purchasers, suppliers, lessees or
licensees or any of them (including members of the Group) originating from the
leasing, licensing or other supply of goods and/or services (including the renting of
properties or licensing of intellectual property rights) by or to the Assignor including
but not limited to those specified in Schedule 3 (List of Customer Receivables) or in a
list provided to the Collateral Agent on or about the date hereof.
"Enforcement Event" shall mean an Event of Default.
"Event of Default" means any event of default (Kündigungsgrund) under the Credit
Agreement and/or the October 2010 Secured Notes Indenture and/or the February
2011 Secured Notes Indenture and/or the August 2011 Secured Notes Indenture
and/or the September 2012 Secured Notes Indenture.
"Existing Intercreditor Agreement" means the existing intercreditor agreement
dated 11 May 2007 (as amended by a letter dated 21 June 2007 and a further letter
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dated 29 June 2007, as amended and restated on 5 November 2009 and as further
amended on 5 November 2010) between, inter alios, Beverage Packaging Holdings
(Luxembourg) I S.A., Rank Group Holdings Limited (now Xxxxxxxx Group Holdings
Limited), Beverage Packaging Holdings (Luxembourg) II S.A., Beverage Packaging
Holdings (Luxembourg) III S.à x.x., Credit Suisse AG (formerly Credit Suisse) as
security trustee and others.
"February 2011 Secured Notes Documents" shall mean the February 2011 Secured
Notes Indenture, the February 2011 Secured Notes Guarantees, the February 2011
Secured Notes, the Intercreditor Arrangements, any supplemental indenture, any
security document relating to the February 2011 Secured Notes and/or the February
2011 Secured Notes Indenture and any other document that may be entered into
pursuant to any of the foregoing.
"February 2011 Secured Notes Guarantees" shall mean the guarantees of the
obligations of the Issuers under the February 2011 Secured Notes and the February
2011 Secured Notes Indenture by the February 2011 Secured Notes Guarantors.
"February 2011 Secured Notes Guarantors" means the Current February 2011
Secured Notes Guarantors and any entity which may accede to the February 2011
Secured Notes Indenture as additional guarantor.
"February 2011 Secured Notes Holders" shall mean the holders from time to time
of the February 2011 Secured Notes.
"February 2011 Secured Notes Indenture Trustee" shall mean The Bank of New
York Mellon, in its capacity as indenture trustee under the February 2011 Secured
Notes Indenture and any successor appointed as indenture trustee under the February
2011 Secured Notes Indenture.
"Grantors" means the Loan Parties, the Issuers, the August 2011 Ultimate Issuers,
the October 2010 Secured Notes Guarantors, the February 2011 Secured Notes
Guarantors, the August 2011 Notes Guarantors and the September 2012 Secured
Notes Guarantors and any person that has granted a security interest to the Collateral
Agent and/or the Secured Parties in respect of the obligations of the Loan Parties, the
Issuers, the August 2011 Ultimate Issuers, the October 2010 Secured Notes
Guarantors, the February 2011 Secured Notes Guarantors, the August 2011 Notes
Guarantors and the September 2012 Secured Notes Guarantors under the Credit
Documents and "Grantor" means any of them.
"Grantors' Agent" means Xxxxxxxx Group Holdings Limited or any other person
appointed as agent of the Grantors in accordance with the Principal Finance
Documents.
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"Group" means Xxxxxxxx Group Holdings Limited and its direct or indirect
subsidiaries (Tochtergesellschaften).
"Hedge Counterparty" means a Lender, the Administrative Agent or any of the
Lender's or the Administrative Agent's affiliates (at the time a hedging agreement is
entered into) who has entered into a hedging agreement for the purpose of hedging
interest rate liabilities and/or any exchange rate and/or commodity price risks
provided it has become a party, or by execution of an additional bank secured party
acknowledgment has agreed to be bound by the terms of, to the First Lien
Intercreditor Agreement in its capacity as hedge counterparty.
"Incremental Assumption Agreement" shall mean an incremental assumption
agreement relating to incremental facilities of up to USD 750,000,000 among, and in
form and substance reasonably satisfactory to, one or more Borrowers, the
Administrative Agent, one or more Incremental Term Lenders and/or one or more
Incremental Revolving Credit Lenders pursuant to which one or more Incremental
Term Lenders make available Incremental Term Loan Commitments and/or one or
more Incremental Revolving Credit Lenders make available Incremental Revolving
Credit Commitments respectively.
"Incremental Revolving Credit Lender" shall mean a Lender with an Incremental
Revolving Credit Commitment or an outstanding revolving loan under the Credit
Agreement of any class as a result of an Incremental Revolving Credit Commitment.
"Incremental Revolving Credit Commitment" shall mean the commitment of any
Lender, established pursuant to the Credit Agreement, to make available certain
revolving credit loans to one or more Borrowers.
"Incremental Term Lender" shall mean a Lender with an Incremental Term Loan
Commitment.
"Incremental Term Loan Commitment" shall mean the commitment of any Lender,
established pursuant to the Credit Agreement, to make available certain term loans to
one or more Borrowers.
"2013 Intercreditor Agreement" means the intercreditor agreement dated
15 November 2013 between, inter alios, Beverage Packaging Holdings (Luxembourg)
I S.A., Xxxxxxxx Group Holdings Limited, Beverage Packaging Holdings
(Luxembourg) II S.A., Beverage Packaging Holdings II Issuer Inc., Credit Suisse AG
as administrative agent and The Bank of New York Mellon as noteholders trustee.
"Intercreditor Arrangements" means the First Lien Intercreditor Agreement, the
Existing Intercreditor Agreement and the 2013 Intercreditor Agreement, in each case
as amended, novated, supplemented, restated, or modified from time to time.
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"Issuers" means Xxxxxxxx Group Issuer LLC, Xxxxxxxx Group Issuer Inc., and
Xxxxxxxx Group Issuer (Luxembourg) S.A and "Issuer" means any of them.
"Intercompany Loan Receivables" means all present and future, actual and
contingent receivables of the Assignor against any member of the Group arising under
or in connection with intercompany loans (including intercompany loans resulting
from any cash pool arrangements) including but not limited to the receivables arising
under the intercompany loans specified in Schedule 5 (List of Existing Intercompany
Loans).
"Issuing Bank" means Credit Suisse AG or any other Lender or any affiliate of Credit
Suisse AG or any other Lender that issues letters of credit or bank guarantees under
the Credit Agreement.
"Lenders" shall mean the Original Lenders and any entity which may become a
lender under the Credit Agreement in the future and "Lender" means any of them.
"Loan Documents" shall mean the Credit Agreement, the Amendment No.1 and
Joinder Agreement, the Third Amended and Restated Credit Agreement, the
Amendment No. 8 and Incremental Term Loan Assumption Agreement and the Loan
Modification Agreement, any borrowing subsidiary agreement and/or guarantor
joinder agreement relating to the Credit Agreement, any letter of credit or bank
guarantee relating to the Credit Agreement, any security documents relating to the
Credit Agreement, any hedging agreement entered into by a Hedge Counterparty and
a Grantor, each Incremental Assumption Agreement, the Intercreditor Arrangements,
each Promissory Note, any agreement between a Grantor and a Cash Management
Bank relating to Cash Management Services, each Local Facility Agreement and any
other document that may be entered into pursuant to any of the foregoing in relation
to the Credit Agreement.
"Loan Parties" shall mean the Borrowers, the Current Guarantors and any entity
which may accede to the Credit Agreement as additional guarantor and a "Loan
Party" means any of them.
"Local Facilities" means working capital facilities provided to a Grantor (other than
Beverage Packaging Holdings (Luxembourg) I S.A., Beverage Packaging Holdings
(Luxembourg) II S.A. Beverage Packaging Holdings (Luxembourg) III S.à x.x. and the
Borrowers) by a Local Facility Provider and "Local Facility" means any of them.
"Local Facility Agreements" shall mean any agreement under which a Local Facility
is made available.
"Local Facility Provider" means HSBC Trinkaus & Xxxxxxxxx XX, Deutsche Bank
AG, Commerzbank Aktiengesellschaft and Hong Kong and Shanghai Banking
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Corporation Ltd., Thailand, Bank of America, N.A., Canada Branch, FIA Card
Services, N.A., Citibank N.A., Citibank (China) Co., Ltd., Banco Nacional de
Mexico, S.A., Integrante del Grupo Financiero Banamex, Bank of America, N.A.,
provided in each case it has become a party to, or by execution of an additional bank
secured party acknowledgment has agreed to be bound by the terms of, the First Lien
Intercreditor Agreement in its capacity as local facility provider.
"Obligations" shall mean all present and future obligations and liabilities (whether
actual or contingent and whether owed jointly or severally or in any other capacity
whatsoever) of each Grantor to the Secured Parties (or any of them) under each or any
of the Credit Documents, including with respect to all costs, charges and expenses
incurred by any Secured Party in connection with the protection, preservation or
enforcement of its respective rights under the Credit Documents or any other
document evidencing or securing any such liabilities. The Obligations shall further
include any obligation based on unjust enrichment (ungerechtfertigte Bereicherung)
or tort (Delikt).
"October 2010 Secured Notes Documents" shall mean the October 2010 Secured
Notes Indenture, the October 2010 Secured Notes Guarantees, the October 2010
Secured Notes, the Intercreditor Arrangements, any supplemental indenture relating to
the October 2010 Secured Notes Indenture, any security document relating to the
October 2010 Secured Notes and/or the October 2010 Secured Notes Indenture and
any other document that may be entered into pursuant to any of the foregoing.
"October 2010 Secured Notes Guarantees" shall mean the guarantees of the
obligations of the Issuers under the October 2010 Secured Notes and the October
2010 Secured Notes Indenture by the October 2010 Secured Notes Guarantors.
"October 2010 Secured Notes Guarantors" means the Current October 2010
Secured Notes Guarantors and any entity which may accede to the October 2010
Secured Notes Indenture as additional guarantor.
"October 2010 Secured Notes Holders" shall mean the holders from time to time of
the October 2010 Secured Notes.
"October 2010 Secured Notes Indenture Trustee" shall mean The Bank of New
York Mellon, in its capacity as indenture trustee under the October 2010 Secured
Notes Indenture and any successor appointed as indenture trustee under the October
2010 Secured Notes Indenture.
"Principal Finance Documents" means the Credit Agreement, the October 2010
Secured Notes Indenture, the February 2011 Secured Notes Indenture, the August
2011 Secured Notes Indenture, the September 2012 Secured Notes Indenture and the
First Lien Intercreditor Agreement.
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"Promissory Note" shall mean any promissory note executed and delivered by a
Borrower upon the request of a Lender evidencing the amount of principal owed by
such Borrower to such Lender under the Credit Agreement.
"Receivables"
means collectively:
(a) the Collection Arrangements Receivables;
(b) the Current Account Receivables;
(c) the Customer Receivables;
(d) the Intercompany Loan Receivables; and
(e) any Ancillary Rights.
"Secured Parties" shall mean the Lenders (including in their capacity as issuing
bank(s), and/or Hedge Counterparties under the Credit Agreement), the Hedge
Counterparties, the Administrative Agent, any Issuing Bank, the beneficiaries of each
indemnification obligation undertaken by any Grantor under any Credit Document,
the October 2010 Secured Notes Holders, the February 2011 Secured Notes Holders,
the August 2011 Secured Notes Holders and the September 2012 Secured Notes
Holders, the October 2010 Secured Notes Indenture Trustee, the February 2011
Secured Notes Indenture Trustee, the August 2011 Secured Notes Indenture Trustee
and the September 2012 Secured Notes Indenture Trustee, the Collateral Agent, the
Local Facility Providers and the Cash Management Banks.
"2009 Senior Secured Notes Documents" shall mean the 2009 Senior Secured Notes
Indenture, the 2009 Senior Secured Notes Guarantees, the 2009 Senior Secured Notes,
the Intercreditor Arrangements, any supplemental indenture, any security document
relating to the 2009 Senior Secured Notes and/or the 2009 Senior Secured Notes
Indenture and any other document that may be entered into pursuant to any of the
foregoing.
"2009 Senior Secured Notes Guarantees" shall mean the guarantees of the
obligations of the Issuers under the 2009 Senior Secured Notes and the 2009 Senior
Secured Notes Indenture by the 2009 Senior Secured Notes Guarantors.
"2009 Senior Secured Notes Guarantors" means the Current 2009 Senior Secured
Notes Guarantors and any entity which may accede to the 2009 Senior Secured Notes
Indenture as additional guarantor.
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"2009 Senior Secured Notes Holders" shall mean the holders from time to time of
the 2009 Senior Secured Notes.
"September 2012 Secured Notes Documents" shall mean the September 2012
Secured Notes Indenture, the September 2012 Secured Notes Guarantees, the
September 2012 Secured Notes, the Intercreditor Arrangements, any supplemental
indenture, any security document relating to the September 2012 Secured Notes
and/or the September 2012 Secured Notes Indenture and any other document that may
be entered into pursuant to any of the foregoing.
"September 2012 Secured Notes Guarantees" shall mean the guarantees of the
obligations of the Issuers under the September 2012 Secured Notes and the September
2012 Secured Notes Indenture by the September 2012 Secured Notes Guarantors.
"September 2012 Secured Notes Guarantors" means the Current September 2012
Secured Notes Guarantors and any entity which may accede to the September 2012
Secured Notes Indenture as additional guarantor.
"September 2012 Secured Notes Holders" shall mean the holders from time to time
of the September 2012 Secured Notes.
"September 2012 Secured Notes Indenture Trustee" shall mean The Bank of New
York Mellon, in its capacity as indenture trustee under the September 2012 Secured
Notes Indenture and any successor appointed as indenture trustee under the
September 2012 Secured Notes Indenture.
1.2 Construction
In this Agreement:
1.2.1 capitalised terms used in this Agreement (or in any notice given under this
Agreement) but not defined therein shall have the meanings ascribed thereto in
the First Lien Intercreditor Agreement;
1.2.2 any reference in this Agreement to a "Clause", a "sub-Clause" or a
"Schedule" shall, subject to any contrary indication, be construed as a
reference to a Clause, sub-Clause or a Schedule hereof; and
1.2.3 to the extent the word "note" or "Note" is used in any other documents in
relation to this Agreement, it shall be construed as if it were a reference to the
word "notes" or "Notes" as defined and used in this Agreement.
1.3 This Agreement is made in the English language. For the avoidance of doubt, the
English language version of this Agreement shall prevail over any translation of this
Agreement. However, where a German translation of a word or phrase appears in the
text of this Agreement, the German translation of such word or phrase shall prevail.
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2. ASSIGNMENT
2.1 The Assignor hereby assigns to the Collateral Agent the Receivables.
2.2 The Collateral Agent hereby accepts the assignment of the Receivables.
2.3 The existing Receivables shall pass over to the Collateral Agent on execution of this
Agreement, and any future Receivables shall pass over to the Collateral Agent at the
date such Receivables come into existence.
3. TRANSFER OF ANCILLARY RIGHTS
The Receivables are assigned to the Collateral Agent together with all accessory
security rights (akzessorische Sicherheiten) and ancillary rights (Neben-, Hilfs- und
Vorzugsrechte) pursuant to (including by way of analogy) Section 401 of the German
Civil Code (Bürgerliches Gesetzbuch). In case of security rights and ancillary rights
pertaining to the Receivables and which are not assigned and transferred to the
Collateral Agent by operation of law pursuant to Section 401 of the German Civil
Code (the "Independent Ancillary Rights"), the Collateral Agent may request at any
time and at its sole discretion (upon instructions in accordance with the First Lien
Intercreditor Agreement) the assignment and/or transfer (as the case may be) of such
Independent Ancillary Rights.
4. PURPOSE OF THE ASSIGNMENT
The assignment hereunder is constituted in order to secure the prompt and complete
satisfaction of any and all Obligations. The assignment shall also cover any future
extension of the Obligations and the Assignor herewith expressly agrees that the
assignment shall secure the Obligations as extended or increased from time to time.
5. LIST OF RECEIVABLES
5.1 Within 3 (three) months after the end of each calendar year (for the first time for the
calendar year 2014) and if an Enforcement Event has occurred and is continuing at
any time upon reasonable request of the Collateral Agent, the Assignor shall deliver to
the Collateral Agent a list of the Receivables as of the end of the relevant calendar
year or, as the case may be, the last day of the month prior to the Collateral Agent's
request following the occurrence of an Enforcement Event which is continuing. In
addition, the Assignor shall, at the reasonable request of the Collateral Agent
following the occurrence of an Event of Default and while it is continuing, deliver a
list of the Customer Receivables, Current Account Receivables and Collection
Arrangement Receivables as at the last day of the month prior to such request by the
Collateral Agent. Each such list of the Receivables shall be on a computer disk or in
such other form as agreed between the Collateral Agent and the Assignor. The
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Collateral Agent may in its reasonable discretion request a computer print-out in
addition to any other form in which the list may be delivered.
5.2 Unless otherwise agreed between the Assignor and the Collateral Agent (acting on the
instructions of the Secured Parties in accordance with the Principal Finance
Documents), each list of the Receivables (or, as the case may be, Customer
Receivables, Current Account Receivables and Collection Arrangement Receivables)
referred to in sub-Clause 5.1 shall show the names and addresses of the relevant
debtors as well as any outstanding amounts and the due dates for payment. In
addition, each list shall include all unpaid counter claims, if any, which arise from
contracts between the Assignor and the relevant debtors, and shall state the exact
amount of such unpaid claim, the maturity date and the name of the respective debtor.
5.3 Any list of Receivables referred to in sub-Clauses 5.1 and 5.2 above is provided for
information purposes only and if for any reason whatsoever the relevant Receivables
are not, or are incompletely, contained in the list presented, then the assignment of the
Receivables shall not be affected thereby.
5.4 In case the Assignor is under an obligation to deliver a list of Receivables pursuant to
Clause 5.1 above and if the Assignor employs a third party for its bookkeeping and/or
data processing, the Assignor hereby authorises the Collateral Agent to obtain any list
of Receivables directly from such third party at the Assignor's expense.
6. NOTICE OF ASSIGNMENT
6.1 The Assignor shall notify by registered mail (Einschreiben mit Rückschein) the
relevant debtors of the assignment of the Intercompany Loan Receivables constituted
hereunder in the form set out in Schedule 7 (Form of Notice for a Disclosed
Assignment), within one month from the date hereof or, with respect to Intercompany
Loan Receivables arising from future contracts within one month from the date of
entry into such contract.
6.2 The Assignor shall use all reasonable endeavours to procure that debtors of the
Intercompany Loan Receivables notified in accordance with Clause 6.1 above
acknowledge each notice of assignment and accept the terms of the assignment as set
out in Schedule 7 (Form of Notice for a Disclosed Assignment) without undue delay.
The Assignor shall provide evidence to the Collateral Agent of any such
acknowledgement received.
6.3 The Assignor shall deliver to the Collateral Agent 10 (ten) dated notification letters in
the form of Schedule 6 (Form of Blank Notification Letter) executed in blank within
twenty (20) business days from the date hereof for the purpose of notifying the
debtors of the Receivables of this Agreement. The Collateral Agent will only use such
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notification letters if it is entitled to enforce this Agreement in accordance with Clause
10.
7. RECEIVABLES UNDER EXTENDED RETENTION OF TITLE
ARRANGEMENTS
7.1 If Receivables are assigned pursuant to this Agreement which are subject to extended
retention of title arrangements (verlängerter Eigentumsvorbehalt) with any supplier of
the Assignor, the assignment shall only become effective upon the termination
(Erlöschen) of such extended retention of title. As long as any person is only partly
entitled to the Receivables as a result of such person's retention of title arrangement,
the assignment of such Receivables to the Collateral Agent hereunder shall be limited
to the part of the relevant Receivables to which the Assignor is entitled to, the
assignment of the other part shall be effective upon complete termination of the
extended retention of title.
7.2 If and to the extent that the Receivables assigned pursuant to this Agreement arise
from the sale of receivables of the Assignor pursuant to any factoring arrangement
which are subject to extended retention of title arrangements (verlängerter
Eigentumsvorbehalt), the assignment hereunder shall only become effective upon the
complete satisfaction of the receivables which are secured by the respective extended
retention of title.
7.3 The Assignor hereby assigns to the Collateral Agent its right to reassignment of
Receivables assigned to a supplier by reason of an extended retention of title
arrangement as well as any contingent claims to the transfer of all proceeds paid out
to the supplier, together with all rights pertaining thereto. The same applies to any
possible inchoate right (Anwartschaftsrecht) with respect to the assignment of any
Receivables which is subject to a dissolving condition (auflösende Bedingung). The
Collateral Agent hereby accepts such assignments.
7.4 The Collateral Agent may at any time during the period it is entitled to enforce this
Agreement in accordance with sub-Clause 10.1 below terminate any retention of title
arrangement on behalf of the Assignor by discharging the respective liability of the
Assignor towards the relevant supplier. The Assignor will reimburse the Collateral
Agent for any reasonable costs and expenses so incurred.
8. CHECKS AND BILLS OF EXCHANGE
If payments in respect of the Receivables are made by check or xxxx of exchange, the
ownership in the documents shall pass to the Collateral Agent upon the Assignor
acquiring such ownership, and the Assignor hereby assigns to the Collateral Agent,
who accepts the assignment, in advance any of its rights arising therefrom as security
for the Obligations. Physical delivery of checks and bills of exchange to the Collateral
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Agent shall be replaced by an undertaking of the Assignor to hold such checks and
bills of exchange in gratuitous custody (unentgeltliche Verwahrung) for the Collateral
Agent or, if the Assignor does not obtain actual possession of such documents, the
Assignor hereby assigns to the Collateral Agent in advance all of its claims for
delivery thereof against third parties as security for the Obligations. The Collateral
Agent accepts such assignment.
9. COLLECTION OF RECEIVABLES BY THE ASSIGNOR
At all times while no Enforcement Event is continuing, the Assignor is authorised by
the Collateral Agent to collect the Receivables (ermächtigt zur Einziehung) in its own
name and for its own account and to dispose of, and exercise any rights and claims in
relation to, the Receivables in accordance with the terms of the Principal Finance
Documents (including, for the avoidance of doubt, the disposal of the Receivables in
connection with any factoring arrangement which is permitted under the Principal
Finance Documents). The Collateral Agent may revoke the Authorisation at any time
if an Enforcement Event has occurred and is continuing, except with respect to the
disposal of Receivables that are subject to any factoring arrangements that are
permitted at that time pursuant to the Principal Finance Documents.
10. ENFORCEMENT
10.1 If (i) an Enforcement Event has occurred and is continuing and (ii) any of the
Obligations has become due and payable, then the Collateral Agent is entitled to
revoke the Authorisation, notify the debtors, enforce its rights under this Agreement
and arrange for the collection of the Receivables in its own name and for its own
account or for the sale of the Receivables.
10.2 The Collateral Agent will notify the Assignor in writing at least 5 (five) business days
prior to the enforcement of any assignment pursuant hereto. No such notice shall be
required if (i) the Assignor has generally ceased to make payments, (ii) an application
for the institution of insolvency proceedings is filed by or against the Assignor or (iii)
the Collateral Agent has reasonable grounds to believe that observance of the notice
period would adversely affect the legitimate interests (berechtigte Interessen) of the
Collateral Agent.
10.3 To the extent that the Authorisation is revoked, the Collateral Agent may request that
all documents relating to the Receivables be handed over to it and the Assignor
hereby agrees to promptly comply with any such request. In the case of checks and
bills of exchange, the Assignor hereby further agrees to endorse such documents in
blank and to deliver them to the Collateral Agent as soon as reasonably practicable
and in any event upon request by the Collateral Agent.
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10.4 While being entitled to enforce the security interest created hereunder in accordance
with sub-Clause 10.1 the Collateral Agent may collect the Receivables in total or in
part to the extent necessary to satisfy any outstanding Obligations, it being understood
that the Collateral Agent shall apply the proceeds of such realisation towards the
Obligations in accordance with the First Lien Intercreditor Agreement.
10.5 While being entitled to enforce the security interest created hereunder in accordance
with sub-Clause 10.1 the Collateral Agent may request the Assignor to collect the
Receivables for and on behalf of the Collateral Agent and in accordance with the
Collateral Agent's instruction. The Assignor shall promptly comply with such request.
10.6 If the Collateral Agent collects any Receivables pursuant to sub-Clause 10.4 hereof, it
may take all measures and enter into all agreements with such debtors which it
considers to be expedient. In particular, the Collateral Agent may grant discounts or
indulgence to any debtors and/or enter into settlement agreements in relation to
existing Receivables at any time.
10.7 Notwithstanding sub-Clause 10.4, the Collateral Agent may, in its sole discretion,
determine which of several security interests (created under this or other security
agreements) shall be used to satisfy the Obligations.
10.8 Given the non-accessory nature of this security, the Assignor has no defences of
revocation and set-off and no defences based on defences any Grantor might have
against the Obligations. The Collateral Agent is not required to proceed against or
enforce any other rights or security before enforcing the security created hereunder.
10.9 The Assignor shall not at any time before, on or after an enforcement of the security
created hereunder and as a result of the Assignor entering into this Agreement, be
entitled to demand indemnification or compensation from any other Grantor or to
assign any of these claims.
11. LIMITATIONS ON ENFORCEMENT
11.1 The Collateral Agent shall be entitled to enforce the rights created under this
Agreement without limitation in respect of:
11.1.1 all and any amounts which are owed under the Credit Documents by the
Assignor itself or by any of its subsidiaries; and
11.1.2 all and any amounts which correspond to funds that have been borrowed or
otherwise raised under the Credit Documents, in each case to the extent on-
lent, borrowed or otherwise passed on to, or issued for the benefit of, the
Assignor or any of its subsidiaries, or for the benefit of any of their creditors
and in each case not repaid and outstanding from time to time
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(in aggregate, the "Unlimited Enforcement Amount").
11.2 Besides an enforcement in respect of the Unlimited Enforcement Amount applicable
to the Assignor pursuant to Clause 11.1 above, the Collateral Agent shall not be
entitled to enforce the rights created under this Agreement against the Assignor if and
to the extent that:
11.2.1 the rights created under this Agreement secure the obligations of a Grantor
which is (x) a shareholder of the Assignor or (y) an affiliated company
(verbundenes Unternehmen) within the meaning of section 15 of the German
Stock Corporation Act (Aktiengesetz) of a shareholder of the Assignor (other
than the Assignor and its subsidiaries); and
11.2.2 the enforcement would have the effect of (x) reducing the Assignor's net assets
(Reinvermögen) (the "Net Assets") to an amount of less than its stated share
capital (Stammkapital) or, if the Net Assets are already an amount of less than
its stated share capital, of causing such amount to be further reduced and (y)
would thereby lead to a violation of the capital maintenance requirement as set
out in Section 30 of the German Limited Liability Companies Act (Gesetz
betreffend die Gesellschaften mit beschränkter Haftung) provided that the
amount of the stated share capital to be taken into consideration shall be the
amount registered in the commercial register at the date hereof, and any
increase of the stated share capital registered after the date of this Agreement
shall only be taken into account if such increase has been effected with the
prior written consent of the Administrative Agent.
11.3 The Net Assets shall be calculated as an amount equal to the sum of the values of the
Assignor's assets (consisting of all assets which correspond to the items set forth in
section 266 sub-section(2) A, B and C of the German Commercial Code
(Handelsgesetzbuch) less the aggregate amount of the Assignor's liabilities (consisting
of all liabilities and liability reserves which correspond to the items set forth in section
266 sub-section(3) B, C and D of the German Commercial Code), save that:
11.3.1 any asset that is shown in the balance sheet with a book value (Buchwert) that
is significantly lower than the market value of such asset and that is not
necessary for the Assignor's business (nicht betriebsnotwendig) shall be taken
into account with its market value;
11.3.2 obligations under loans provided to the Assignor by any member of the Group
or any other affiliated company shall not be taken into account as liabilities as
far as such loans are subordinated by law or by contract at least to the claims
of the unsubordinated creditors of the Assignor; and
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11.3.3 obligations under loans or other contractual liabilities incurred by the Assignor
in violation of the provisions of the Credit Documents shall not be taken into
account as liabilities.
The Net Assets shall be determined in accordance with the generally accepted
accounting principles applicable from time to time in Germany (Grundsätze
ordnungsmäßiger Buchführung) and be based on the same principles that were
applied by the Assignor in the preparation of its most recent annual balance sheet
(Jahresbilanz).
It being understood that the assets of the Assignor will be assessed at liquidation
values (Liquidationswerte) if the managing directors of the Assignor at the time they
prepare the Management Determination (as defined below) are, due to factual or legal
circumstances at that time, in their opinion not able to make a positive prognosis as to
whether the business of the Assignor can carry on as a going concern (positive
Fortführungsprognose), in particular when the security created under this Agreement
is enforced.
11.4 The limitations set out in Clause 11.2 above shall only apply if and to the extent that:
11.4.1 without undue delay, but not later than within 5 business days, after receipt of
a notification by the Collateral Agent of its intention to enforce any of the
rights created under this Agreement (the "Notice"), the Assignor has
confirmed in writing to the Collateral Agent (x) to what extent such rights are
up-stream or cross-stream security as described in Clause 11.2 above and (y)
which amount of such up-stream or cross-stream security cannot be enforced
as it would cause the Net Assets of the Assignor to fall below its stated share
capital (taking into account the adjustments set out in Clause 11.3 above) and
such confirmation is supported by evidence reasonably satisfactory to the
Collateral Agent (the "Management Determination") and the Collateral
Agent has not contested this and argued that no or a lesser amount would be
necessary to maintain the Assignor's stated share capital; or
11.4.2 within 20 business days from the date the Collateral Agent has contested the
Management Determination, the Collateral Agent receives from the Assignor
an up to date balance sheet prepared by a firm of auditors of international
standard and reputation (the "Determining Auditors") which shows the value
of the Assignor's Net Assets (the "Balance Sheet"). The Balance Sheet shall
be prepared in accordance with the principles set out in Clause 11.3 above,
provided that the final sentence of Clause 11.3 above shall not apply unless
the Determining Auditors have in an independent assessment determined that
the assets of the Assignor should be evaluated at liquidation values
(Liquidationswerte) in accordance with generally accepted accounting
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principles applicable from time to time in Germany (Grundsätze
ordnungsgemäßer Buchführung) and shall contain further information (in
reasonable detail) relating to items to be adjusted pursuant to Clause 11.3
above. If the Assignor fails to deliver a Balance Sheet within the
aforementioned time period, the Collateral Agent shall be entitled to enforce
the rights created under this Agreement irrespective of the limitations set out
in Clause 11.2 above.
11.5 If the Collateral Agent disagrees with the Balance Sheet, it shall be entitled to enforce
the rights created under this Agreement up to the amount which, according to the
Balance Sheet, can be enforced in compliance with the limitations set out in Clause
11.2 above. In relation to any additional amounts for which the Assignor is liable
under this Agreement, the Collateral Agent shall be entitled to further pursue their
claims (if any) and the Assignor shall be entitled to prove that this amount is
necessary for maintaining its stated share capital (calculated as of the date the
Collateral Agent has given notice of its intention to enforce the security created under
this Agreement).
No reduction of the amount enforceable under this Clause 11 will prejudice the right
of the Collateral Agent to continue enforcing the rights created under this Agreement
(subject always to the operation of the limitations set out above at the time of such
enforcement) until full satisfaction to the claims secured.
12. BOOKKEEPING AND DATA-PROCESSING
12.1 The Assignor hereby assigns to the Collateral Agent, who accepts such assignment,
any right it has against any third party (in particular any bookkeeping firm or tax
consultant) in respect of the return of any proof or documents which the Assignor has
handed over to such third party and which are necessary to identify the Receivables.
The Collateral Agent will only make use of such right if an Enforcement Event has
occurred and is continuing or if the Assignor has not complied with a request of the
Collateral Agent to provide lists of Receivables following the occurrence of an Event
of Default which is continuing, or, as the case may be, an Enforcement Event which is
continuing in accordance with Clause 5.1. The Assignor undertakes to instruct such
third party to provide the Collateral Agent upon demand in accordance with the
preceding sentence with such information, proof and documents which are necessary
to check, assess or enforce the Receivables.
12.2 If an Enforcement Event has occurred and is continuing, the Assignor shall allow the
Collateral Agent access to any electronic data-processing system, including peripheral
equipment, in which data concerning the Receivables or any part thereof have been
stored. Moreover, the Assignor shall provide any assistance required to the Collateral
Agent (including by making software operators available). The Assignor hereby
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assigns to the Collateral Agent, who accepts such assignment, all its rights against any
third party which handles the electronic processing of data concerning the
Receivables and undertakes to instruct such third party, upon a respective demand of
the Collateral Agent if an Enforcement Event has occurred and is continuing, to
handle the processing of data for the Collateral Agent as it did for the Assignor
provided that the Assignor shall continue to be given access to any data it requires in
its ordinary course of business.
12.3 The Collateral Agent authorises the Assignor to exercise the rights assigned to the
Collateral Agent pursuant to sub-Clause 12.1 and 12.2 above at all times if an
Enforcement Event is not continuing.
13. UNDERTAKINGS OF THE ASSIGNOR
Unless otherwise permitted by the Principal Finance Documents, during the term of
this Agreement, the Assignor undertakes to the Collateral Agent:
13.1 subject to Clause 9 of this Agreement, to refrain from any acts or omissions, the
purpose or effect of which is or would be the material dilution of the value of the
Receivables or the Receivables ceasing to be assignable or subjecting any Receivable
to any law other than German law other than in the Assignor's ordinary course of
business;
13.2 to inform the Collateral Agent without undue delay in writing of any attachment
(Pfändung) over any of the Receivables or part thereof and any third parties bringing
claims in respect of any of the Receivables or part thereof or any other measures
which would impair or jeopardize the Collateral Agent's rights relating to any
Receivable or materially impair its value, such notice to be accompanied by any
documents the Collateral Agent might need to defend itself against any claim by a
third party. In the event of an attachment, the Assignor undertakes to forward to the
Collateral Agent without undue delay a copy of the attachment order
(Pfändungsbeschluss), any transfer order (Überweisungsbeschluss) and all other
documents necessary or expedient for a defence against such attachment. The
Assignor shall inform the attaching creditor of the Collateral Agent's security interests
without undue delay;
14. POWER OF ATTORNEY
The Assignor, by way of security for its obligations under this Agreement, irrevocably
appoints the Collateral Agent to be its attorney (Stellvertreter) (and the Collateral
Agent may delegate that power on such terms as it sees fit) to do anything which the
Assignor is required to do under this Agreement but has failed to do and to notify the
debtors of the Receivables of the assignment of the Receivables in behalf of the
Assignor, provided that the debtors which are not debtors of Intercompany Loan
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Receivables may only be notified if an Enforcement Event has occurred and is
continuing. For this purpose the Assignor relieves the Collateral Agent from the
restrictions set out in Section 181 of the German Civil Code. The Collateral Agent
shall only make use of this authorisation in respect of any obligation of the Assignor
under this Agreement which is required for the creation, perfection and enforcement
of the security interest to be created hereunder, if the Assignor has not complied with
such obligations imposed on the Assignor within 10 business days of being notified of
such failure to comply (with a copy of such notice being sent to the Grantors' Agent)
and being requested to comply or if an Enforcement Event has occurred and is
continuing. The Collateral Agent shall not be obliged to exercise the powers conferred
upon it by the Assignor under this Clause 14 unless and until it shall have been (i)
instructed to do so in accordance with the Principal Finance Documents and (ii)
indemnified and/or secured and/or prefunded to its satisfaction.
15. DELEGATION
The Collateral Agent shall have full power to delegate (either generally or
specifically) the powers, authorities and discretions conferred on it by this Agreement
(including the power of attorney in Clause 14) on such terms and conditions as it shall
see fit. The Collateral Agent shall only remain liable for diligently selecting and
providing initial instructions to such delegate.
16. INDEMNITY
To the extent set out in the First Lien Intercreditor Credit Agreement, the Assignor
shall, notwithstanding any release or discharge of all or any part of the security,
indemnify the Collateral Agent, its agents its attorneys and any delegate against any
action, proceeding, claims, losses, liabilities, damages, expenses, demands, taxes,
losses and costs which it may sustain as a consequence of any breach by the Assignor
of the provisions of this Agreement, the exercise or purported exercise of any of the
rights and powers conferred on them by this Agreement or otherwise relating to the
Receivables.
17. NO LIABILITY
Except to the extent provided in the Principal Finance Documents, none of the
Collateral Agent, its nominee(s) or agent(s) or delegate(s) shall be liable by reason of
(a) taking any action permitted by this Agreement or (b) any neglect or default in
connection with the assets and rights subject to the security interest created hereunder,
save in respect of any loss or damage which is suffered as a result of wilful
misconduct (Vorsatz) or gross negligence (xxxxx Fahrlässigkeit) by the Collateral
Agent, its nominee(s) or agent(s) or delegate(s), or (c) the enforcement or realisation
of all or any part of the security interest created hereunder.
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18. DURATION AND INDEPENDENCE
18.1 This Agreement shall create a continuing security and no change, amendment, or
supplement whatsoever in the Credit Documents or in any document or agreement
relating to any of the Credit Documents shall affect the validity or the scope of this
Agreement nor the obligations which are imposed on the Assignor pursuant to it.
18.2 This Agreement is independent from any other security or guarantee which may have
been or will be given to the Secured Parties or the Collateral Agent. None of such
other security shall prejudice, or shall be prejudiced by, or shall be merged in any way
with this Agreement.
18.3 Waiving Section 418 of the German Civil Code (applied by analogy), the Assignor
hereby agrees that the security created hereunder shall not be affected by any transfer
or assumption of the Obligations to, or by, any third party.
19. RELEASE OF SECURITY (SICHERHEITENFREIGABE)
19.1 Upon complete and irrevocable satisfaction of the Obligations, the Collateral Agent
(as instructed in accordance with the First Lien Intercreditor Agreement) will as soon
as reasonably practicable, at the cost and expense of the Assignor, reassign to the
Assignor the Receivables and reassign the rights assigned to it pursuant to sub-
Clause 12.1 and 12.2, and surrender the excess proceeds, if any, resulting from any
realisation thereof. The Collateral Agent will, however, transfer any Receivable or
excess proceeds to a third person if so required by law.
19.2 At any time when the total value of the aggregate security granted by the Assignor
and the other Grantor to secure the Obligations (the "Security"), which can be
expected to be realised in the event of an enforcement of the Security (realisierbarer
Xxxx) exceeds 110% of the Obligations (the "Limit"), the Collateral Agent shall on
demand of the Assignor release such part of the Security (Sicherheitenfreigabe) as the
Collateral Agent may in its reasonable discretion (as instructed in accordance with the
First Lien Intercreditor Agreement) determine so as to reduce the realisable value of
the Security to the Limit.
19.3 The Collateral Agent (as instructed in accordance with the First Lien Intercreditor
Agreement) will as soon as reasonably practicable declare in writing the release of the
security created hereunder and reassign the Receivables to the Assignor in accordance
with, and to the extent required by, the Intercreditor Arrangements.
20. PARTIAL INVALIDITY; WAIVER
20.1 If at any time, any one or more of the provisions hereof is or becomes invalid, illegal
or unenforceable in any respect under the law of any jurisdiction, such provision shall,
19245-3-4551-v4.0 - 23 - 70-40145101
as to such jurisdiction, be ineffective to the extent necessary without affecting or
impairing the validity, legality and enforceability of the remaining provisions hereof
or of such provisions in any other jurisdiction. The invalid, illegal, or unenforceable
provision shall be deemed replaced with a valid, legal or enforceable provision which
comes as close as possible to the original intent of the parties and the invalid, illegal
or unenforceable provision. Should a gap (Regelungslücke) become evident in this
Agreement, such gap shall, without affecting or impairing the validity, legality and
enforceability of the remaining provisions hereof, be deemed to be filled with such
provision as comes as close as possible to the original intent of the parties.
20.2 No failure to exercise, nor any delay in exercising, on the part of the Collateral Agent,
any right or remedy hereunder shall operate as a waiver thereof, nor shall any single
or partial exercise of any right or remedy prevent any further or other exercise thereof
or the exercise of any other right or remedy. The rights and remedies provided
hereunder are cumulative and not exclusive of any rights or remedies provided by
law.
21. AMENDMENTS
Changes and amendments to this Agreement including this Clause 21 shall be made in
writing.
22. NOTICES AND THEIR LANGUAGE
22.1 All notices and other communications provided for herein shall be in writing and shall
be delivered by hand or overnight courier service, mailed by certified or registered
mail or sent by fax, as follows:
For the Assignor: Closure Systems International Machinery
(Germany) GmbH
Address: Xxxxxxx Xxxxxx 000
00000 Worms
Fax: +49 6241 / 4001 – 850
Attention: Managing Directors
(Geschäftsführung)
For the Assignor with a copy to:
Address: c/o Rank Group Limited
Level 9
19245-3-4551-v4.0 - 24 - 00-00000000
Fax: x000 0000 000
Attention: Xxxxx Xxxxxxx
For the Collateral Agent: The Bank of New York Mellon
Fax: x000 000 0000
Attention: International Corporate Trust
22.2 Any party hereto may change its address or fax number for notices and other
communications hereunder by notice to the other parties hereto. As agreed to in
writing in accordance with the First Lien Intercreditor Agreement, notices and other
communications hereunder may also be delivered by e-mail to the e-mail address of a
representative of the applicable party to this Agreement provided from time to time by
such party.
22.3 All notices and other communications given to any party in connection with this
Agreement in accordance with the provisions of this Agreement shall be deemed
(widerlegbare Vermutung) received on the date sent (if a business day) and on the
next business day thereafter (in all other cases) if delivered by hand or overnight
courier service or sent by fax or on the date five business days after dispatch by
certified or registered mail if mailed, in each case delivered, sent or mailed (properly
19245-3-4551-v4.0 - 25 - 70-40145101
addressed) to such party as provided in this Clause 22 or in accordance with the latest
unrevoked direction from such party given in accordance with this Clause 22.
22.4 Any notice or other communication under or in connection with this Agreement shall
be in the English language or, if in any other language, accompanied by a translation
into English. In the event of any conflict between the English text and the text in any
other language, the English text shall prevail.
23. APPLICABLE LAW; JURISDICTION
23.1 This Agreement is governed by the laws of the Federal Republic of Germany. The
laws of the Federal Republic of Germany shall apply irrespective of the law
governing any Receivable, including when a Receivable is governed by a law other
than that of the Federal Republic of Germany.
23.2 The place of jurisdiction for any and all disputes arising under or in connection with
this Agreement shall be the courts in Frankfurt am Main. The Collateral Agent,
however, shall also be entitled to take action against the Assignor in any other court of
competent jurisdiction. Further, the taking of proceedings against the Assignor in any
one or more jurisdictions shall not preclude the taking of proceedings in any other
jurisdiction (whether concurrently or not) if and to the extent permitted by applicable
law.
24. CONCLUSION OF THE AGREEMENT (VERTRAGSSCHLUSS)
24.1 The parties to this Agreement may choose to conclude this Agreement by an
exchange of signed signature page(s), transmitted by any means of telecommunication
(telekommunikative Übermittlung) such as by way of fax or electronic photocopy.
24.2 If the parties to this Agreement choose to conclude this Agreement pursuant to sub-
Clause 24.1 above, they will transmit the signed signature page(s) of this Agreement
to attention of Xxxxxx van Bremen or Xxxx Xxxxxxxxx
(xxxxxx.xxxxxxxxx@xxxxxxxxxxxxxx.xxx or xxxx.xxxxxxxxx@xxxxxxxxxxxxxx.xxx, fax:
x00 000 00 00 0000) (each a "Recipient"). The Agreement will be considered
concluded once any of the Recipients has actually received the signed signature
page(s) (Zugang der Unterschriftsseite(n)) from all parties to this Agreement and at
the time of the receipt of the last outstanding signature page(s).
24.3 For the purposes of this Clause 24 only, the parties to this Agreement appoint each
Recipient as their attorney (Empfangsvertreter) and expressly allow (gestatten) each
Recipient to collect the signed signature page(s) from all and for all parties to this
Agreement. For the avoidance of doubt, each Recipient will have no further duties
connected with its position as Recipient. In particular, each Recipient may assume the
conformity to the authentic original(s) of the signature page(s) transmitted to it by
19245-3-4551-v4.0 - 26 - 70-40145101
means of telecommunication, the genuineness of all signatures on the original
signature page(s) and the signing authority of the signatories.
19245-3-4551-v4.0 - 27 - 70-40145101
SCHEDULE 1
LIST OF CURRENT BORROWERS AND CURRENT GUARANTORS
PART 1
LIST OF CURRENT BORROWERS
SIG Euro Holding AG & Co. KGaA
Closure Systems International Holdings Inc.
Closure Systems International B.V.
Xxxxxxxx Consumer Products Holdings LLC
Xxxxxxxx Group Holdings Inc.
Pactiv LLC
Beverage Packaging Holdings (Luxembourg) III S.à x.x.
Evergreen Packaging Inc.
Xxxxxxxx Consumer Products Inc.
PART 2
LIST OF CURRENT GUARANTORS, CURRENT OCTOBER 2010 SECURED
NOTES GUARANTORS, CURRENT FEBRUARY 2011 SECURED NOTES
GUARANTORS, CURRENT AUGUST 2011 SECURED NOTES GUARANTORS
AND CURRENT SEPTEMBER 2012 SECURED NOTES GUARANTORS
SIG Austria Holding GmbH
SIG Combibloc GmbH
SIG Combibloc GmbH & Co. KG
Closure Systems International (Brazil) Sistemas de Vedação Ltda.
SIG Beverages Brasil Ltda
SIG Combibloc do Brasil Ltda
Evergreen Packaging Canada Limited
Pactiv Canada Inc.
Omni-Pac Ekco GmbH Verpackungsmittel
Omni-Pac GmbH Verpackungsmittel
Pactiv Deutschland Holdinggesellschaft mbH
19245-3-4551-v4.0 - 28 - 70-40145101
SIG Combibloc GmbH
SIG Combibloc Holding GmbH
SIG Combibloc Systems GmbH
SIG Combibloc Zerspanungstechnik GmbH
SIG Euro Holding AG & Co. KGaA
SIG Information Technology GmbH
SIG International Services GmbH
SIG Beteiligungs GmbH
Beverage Packaging Holdings (Luxembourg) I S.A.
Beverage Packaging Holdings (Luxembourg) II S.A.
Beverage Packaging Holdings (Luxembourg) III S.à x.x.
Evergreen Packaging (Luxembourg) S.à x.x.
Xxxxxxxx Group Issuer (Luxembourg) S.A.
Beverage Packaging Holdings (Luxembourg) IV S.à x.x.
Beverage Packaging Holdings (Luxembourg) V S.A.
Beverage Packaging Holdings (Luxembourg) VI S.à x.x.
CSI en Ensenada, S. de X.X. de C.V.
CSI en Saltillo, S. de X.X. de C.V.
CSI Tecniservicio, S. de X.X. de C.V.
Grupo CSI de Mexico, S. de X.X. de X.X.
Xxxxxxxx Metals Company de Mexico, S. de X.X. de CV
Pactiv Foodservice México, S. de X.X. de C.V.
Grupo Corporativo Jaguar S.A. de C.V.
Servicios Industriales Jaguar, S.A. de C.V.
Servicio Terrestre Jaguar, S.A. de C.V.
Pactiv Mexico S. de X.X. de C.V.
Closure Systems International B.V.
19245-3-4551-v4.0 - 29 - 70-40145101
Evergreen Packaging International B.V.
Xxxxxxxx Packaging International B.V.
Xxxxxxxx Group Holdings Limited
Whakatane Mill Limited
SIG allCap AG
SIG Combibloc Group AG
SIG Combibloc Procurement AG
SIG Combibloc (Schweiz) AG
SIG Schweizerische Industrie-Gesellschaft AG
SIG Technology AG
SIG Combibloc Ltd.
Xxxxxx Packaging PX Company
Xxxxxx Packaging PX, LLC
Bakers Choice Products, Inc.
BCP/ Xxxxxx Holdings L.L.C.
Beverage Packaging Holdings II Issuer Inc.
Blue Ridge Holding Corp.
Blue Ridge Paper Products Inc.
Closure Systems International Americas, Inc.
Closure Systems International Holdings Inc.
Closure Systems International Inc.
Closure Systems International Packaging Machinery Inc.
Closure Systems Mexico Holdings LLC
CSI Mexico LLC
CSI Sales & Technical Services Inc.
Evergreen Packaging Inc.
GPACSUB LLC
19245-3-4551-v4.0 - 30 - 70-40145101
GPC Capital Corp. I
GPC Capital Corp. II
GPC Holdings LLC
GPC OPCO GP LLC
GPC SUB GP LLC
Xxxxxx Packaging Acquisition Corp.
Xxxxxx Packaging Company, Inc.
Xxxxxx Packaging Company, X.X.
Xxxxxx Packaging LC, X.X.
Xxxxxx Packaging LP Acquisition LLC
Xxxxxx Packaging PET Technologies Inc.
Xxxxxx Packaging Plastic Products Inc.
Xxxxxx Packaging PX Holding Corporation
Xxxxxx Packaging Regioplast STS Inc.
Xxxxxx Packaging GP Acquisition LLC
Pactiv LLC
Pactiv Germany Holdings Inc.
Pactiv International Holdings Inc.
Pactiv Management Company LLC
PCA West Inc.
Pactiv Packaging Inc.
RenPac Holdings Inc.
Xxxxxxxx Consumer Products Holdings LLC.
Xxxxxxxx Presto Products Inc.
Xxxxxxxx Consumer Products Inc.
Xxxxxxxx Group Holdings Inc.
Xxxxxxxx Group Issuer Inc.
19245-3-4551-v4.0 - 31 - 70-40145101
Xxxxxxxx Group Issuer LLC
Xxxxxxxx Manufacturing, Inc.
Xxxxxxxx Services Inc.
SIG Combibloc Inc.
SIG Holding USA, LLC
Spirit Foodservice Products, Inc.
Spirit Foodservice, Inc.
Master Containers, Inc.
Southern Plastics, Inc.
BRPP, LLC
Xxxxxx Packaging Minster LLC
Xxxxxx Packaging Holdings Company
Xxxxxx Recycling Company, X.X.
Xxxxxx Packaging West Jordan, LLC.
19245-3-4551-v4.0 - 32 - 70-40145101
SCHEDULE 2
LIST OF COLLECTION ARRANGEMENT RECEIVABLES
[currently none]
19245-3-4551-v4.0 - 33 - 70-40145101
SCHEDULE 3
LIST OF CURRENT ACCOUNT RECEIVABLES
[currently none]
19245-3-4551-v4.0 - 34 - 70-40145101
Invoice Sum of Acctd Amount Due Currency Remaining Code | ||||||||
Customer Name | Customer Number | Postal Code | City | Address1 | Address2 | Country | Due Date | Trx Grand Number EUR USD Total |
AL JOMAIH BOTTLING PLANTS | 126164 | 11411 | RIYADH | A BRANCH OF AL JOMAIH HOLDING CO. | X.X. XXX 000 - XX XXXX XX. - XXXXX XXXX | XX | 14-Feb-2014 | 114300047 18.149,71 18.149,71 |
01-Mrz-2014 | 114300121 334,30 334,30 | |||||||
AL JOMAIH BOTTLING PLANTS Total 18.484,01 18.484,01 | ||||||||
ARDEY QUELLE GMBH UND CO KG | 127827 | 47179 | DUISBURG WALSUM | XXXXXXXXXX | XXXXXXXXXXXXX 000 | XX | 00-Xxx-0000 | 114300058 935,22 935,22 |
ARDEY QUELLE GMBH UND CO KG Total 935,22 935,22 | ||||||||
BAD DUERRHEIMER MINERALBRUNNEN | 139079 | 78073 | BAD DUERRHEIM | GMBH UND CO KG HEILBRUNNEN | XXXXXXXXXX 00 | DE | 26-Jun-2013 | 113300730 2.481,94 2.481,94 |
BAD DUERRHEIMER MINERALBRUNNEN Total 2.481,94 2.481,94 | ||||||||
BECKERS XXXXXX GMBH | 113398 | 37176 | XXXXXX- XXXXXXXXXX | XXXXX XXXXXXXXxX 00 | (blank) | DE | 06-Mrz-2014 | 114300056 4.257,23 4.257,23 |
BECKERS XXXXXX GMBH Total 4.257,23 4.257,23 | ||||||||
BEVTECH ENGINEERING SERVICES Ltd. | 251681 | (blank) | WANCHAI, HONGKONG | 19 F., No. 3 XXXXXXXX ROAD | (blank) | CN | 06-Sep-2012 | 112301198 1.200,00 1.200,00 |
BEVTECH ENGINEERING SERVICES Ltd. Total 1.200,00 1.200,00 | ||||||||
XXXXX XX | 000000 | 0674 | NOCHER | WELSCHEEDGEN 20 | (blank) | LU | 15-Jan-2014 | 113301337 41,71 41,71 |
13-Feb-2014 | 113301450 1.875,21 1.875,21 | |||||||
19-Feb-2014 | 113301478 3.370,79 3.370,79 | |||||||
20-Apr-2014 | 114300057 2.736,30 2.736,30 | |||||||
XXXXX XX Total 8.024,01 8.024,01 | ||||||||
BROTHERS DRINKS CO LTD | 169699 | BA0 0XX | XHEPTON MALLET, SOMERSET | ANGLO TRADING ESTATE SHAFTGATE AVENUE | (blank) | GB | 31-Jan-2014 | 114300029 8.123,10 8.123,10 |
19-Feb-2014 | 114300060 9.871,90 9.871,90 | |||||||
BROTHERS DRINKS CO LTD Total 17.995,00 17.995,00 | ||||||||
BUCHHOLZER KELTEREI | 127448 | 13127 | XXXXXX-XXXXXXXX | XXXXXXXXXX GMBH & CO | TRIFTSTRASSE 6 | DE | 27-Jan-2014 | 114300098 15,59 15,59 |
SCHEDULE 4
LIST OF CUSTOMER RECEIVABLES
19245-3-4551-v4.0 - 35 - 70-40145101
BUCHHOLZER KELTEREI Total 15,59 15,59
XXXXXX SYSTEMSINTERNATIONAL (GUANGZHOU)
LIMITED 228446 510530 GUXXXXXXX
Xx. 00, XXXXXXXXX XXXX, XXXXXXXX
0 (XX Number): 4401240538 CN 19-Feb-2014 114300055 1.542,80 1.542,80
23-Feb-2014 114300090 3.110,62 3.110,62
114300091 0,56 0,56
26-Feb-2014 114300096 1.279,97 1.279,97
114300097 363,95 363,95
01-Mrz-2014 114300118 1.187,20 1.187,20
CLOSURE SYSTEMS INTERNATIONAL
(GUANGZHOU) LIMITED Total 7.485,10 7.485,10
INTERNATIONAL INC. 127501 (blank) YORK, 14772-1216 26 XXXXXX XXXXXX XXX XX # 00-0000000-XX XX 07-Feb-2014 114300015 4,39 4,39
08-Feb-2014 114300021 220,67 220,67
114300022 271,81 271,81
114300023 77,73 77,73
12-Feb-2014 114300031 669,95 669,95
13-Feb-2014 114300037 4,35 4,35
114300041 61,83 61,83
21-Feb-2014 114300082 160,88 160,88
01-Mrz-2014 114300114 121,36 121,36
114300115 31,19 31,19
02-Mrz-2014 114300126 1.848,56 1.848,56
CLOSURE SYSTEMS
INTERNATIONAL INC. Total 3.472,72 3.472,72
COCA COLA ENTERPRISES
BELGIUM BVBA 112998 9000 GENT ZWIJNAARDSESTEENVEG 811 (blank) BE 30-Nov-2013 113301328 1.582,98 1.582,98
COCA COLA ENTERPRISES
BELGIUM BVBA Total 1.582,98 1.582,98
COCA COLA ICECEK A.S. 127491 (blank) UMRANIYE-ISTANBUL Esenkent Mah. Denizfeneri Sok. No:4 (blank) TR 26-Feb-2014 114300095 2.875,95 2.875,95
01-Mrz-2014 114300116 3.373,50 3.373,50
COCA COLA ICECEK A.S. Total 6.249,45 6.249,45
19245-3-4551-v4.0 - 36 - 70-40145101
COCA-COLAERFRISCHUNGSGETRAENKE AG 127431 13057 BERLIN ZENTRALE RECHNUNGSPRÜFUNG
HOXXXXXXXXXXXXXXX
XXXXXXX 00 DE 07-Jan-2012 111301867 6.402,20 6.402,20
12-Jan-2012 111301884 249,38 249,38
21-Sep-2013 113301118 269,68 269,68
18-Jan-2014 113301620 3.616,40 3.616,40
113301621 3.274,35 3.274,35
113301622 5.938,28 5.938,28
07-Feb-2014 114300013 10.977,26 10.977,26
114300016 1.872,11 1.872,11
16-Feb-2014 114300052 499,82 499,82
21-Feb-2014 114300083 2.670,24 2.670,24
23-Feb-2014 114300092 1.822,60 1.822,60
26-Feb-2014 114300099 1.372,19 1.372,19
01-Mrz-2014 114300119 2.795,68 2.795,68
COCA-COLA
ERFRISCHUNGSGETRAENKE AG
Total 41.760,19 41.760,19
COCA-COLA HBC CEXXX
XXXXXXXXX XXX 000000 000 00 XXXXX 0 - Kyje CESKOBRODSKA 1329 (blank) CZ 09-Jan-2014 214300000 -334,50 -334,50
07-Feb-2014 114300011 334,50 334,50
12-Feb-2014 114300034 3.995,64 3.995,64
COCA-COLA HBC CESKA
REPUBLIKA SRO Total 3.995,64 3.995,64
P.O.
CSI CLOSURE SYSTEMS MFG
CA,SRL Total 5.061,95 5.061,95
329-
CSI CLOSURES JAPAN Total 682,71 682,71
28-Feb-2014 114300106 680,48 680,48
114300107 4.800,00 4.800,00
CSI ESPANA SLU Total 6.463,83 6.463,83
CSI INTERNATIONAL
(PHILIPPINES) INC. Total 3.265,55 3.265,55
19245-3-4551-v4.0 - 37 - 70-40145101
CSI VOSTOK LLC 105921 142380 MOSCOW OBL.113301628 5.327,77 5.327,77
113301629 4.889,76 4.889,76
CSI VOSTOK LLC Total 27.301,03 27.301,03
XXXXXXXX SRL SOCIETA
AGRICOLA Total 707,91 707,91
D UND D TRADING GMBH 220721 42859 REMSCHEID BEXXXXXXXX XXXXXXX 00 (blank) DE 21-Mrz-2014 114300061 2.307,44 2.307,44
D UND D TRADING GMBH Total 2.307,44 2.307,44
DESKA IMEX XX XXXXXXX
GMBH 127341 28329 BREMEN KURFURSTENALLEE53 (blank) DE 23-Feb-2014 114300093 16.189,72 16.189,72
28-Feb-2014 114300110 765,42 765,42
DESKA IMEX XX XXXXXXX
GMBH Total 16.955,14 16.955,14
ECKERTS XXXXXXXXX
BRENNEREI GMBH Total 150,00 000,00
XXXXX-XXXXXXX XXXXXXX XX XX 127651 20000 XXXXX XX 411 (blank) FI 23-Feb-2014 114300094 4.095,55 4.095,55
XXXXX-GRANINI FINLAND OY AB
Total 4.095,55 4.095,55
XXXXXXXX MINERAL
HEILQUELLEN GMBH Total 5.909,23 5.909,23
ERKRATHER QUELLEN GMBH 127875 40699 ERKRATH MAX-XXXXXX-STR 21 (blank) DE 21-Feb-2014 114300085 2.166,21 2.166,21
ERKRATHER QUELLEN GMBH
Total 2.166,21 2.166,21
FRANKFURTER BRAUHAUS
GMBH 178239 15234 FRANKFURT/ODER LEBUSER CHAUSSEE 3 (blank) DE 26-Feb-2014 114300101 13.978,41 13.978,41
FRANKFURTER BRAUHAUS
GMBH Total 13.978,41 13.978,41
FREISTAEDTER BIER
BRAUCOMMUNE FREISTADT 181818 4240 FREISTADT BRAUHAUSSTR. 2 (blank) AT 20-Feb-2014 114300068 2.383,75 2.383,75
FREISTAEDTER BIER
BRAUCOMMUNE FREISTADT
Total 2.383,75 2.383,75
GENTRA ENGINEERING
TRADING CO LTD 127540 10595 TAIPEI 3F-7, NO. 0, XX XXXXX X. XXXX (xxxxx) XX 07-Feb-2014 114300018 3.275,90 3.275,90
GENTRA ENGINEERING
TRADING CO LTD Total 3.275,90 3.275,90
GOS VERPACKUNGSANLAGEN 127333 91096 MOXXXXXXXXX XXXXXXXX 00X (blank) DE 06-Sep-2013 113301045 101,06 101,06
GOS VERPACKUNGSANLAGEN
Total 101,06 101,06
19245-3-4551-v4.0 - 38 - 70-40145101
XXXXXXXXX UND CO GMBH 210755XXXXXXXXX UND CO GMBH
Total 70,83 70,83
GSC XXXXXXX XXXXX
CONSULTING 250686 67547 WORMS KLXXXXXXXXXXXX 00-00 (blank) DE 26-Sep-2012 112301245 20.646,03 20.646,03
GSC XXXXXXX XXXXX
CONSULTING Total 20.646,03 20.646,03
H. N INTERNATIONAL 251176 10290 SRI LANKA #350 0/0 XXXXXXXXX XXXXXXXX XXXXXXXXXX XXXXXXXXXXXXX LK 14-Dez-2011 211300162 -40,00 -40,00
H. N INTERNATIONAL Total -40,00 -40,00
LAMPERTHEIM -
HEAT TECH INDUCTION GMBH
Total 2.810,07 2.810,07
HEINEKEN ESPANA 182161 41007 SEVILLA AVXX XXXXXXXXX 0 XXXX XXXXXXX 00000 XX 07-Dez-2011 111301671 1.587,24 1.587,24
HEINEKEN ESPANA Total 1.587,24 1.587,24
XXXXXXXX XXXXXX BRAUEREI 127873 94431 PILSTING DAXXXXXXX XXX 00 (xxxxx) XX 13-Feb-2014 114300039 2.975,00 2.975,00
XXXXXXXX XXXXXX BRAUEREI
Total 2.975,00 2.975,00
PH4
15-Jan-2014 113301578 564,81 564,81
HIGHLAND SPRING LTD Total 2.842,97 2.842,97
INDUSTRIAL ELECTRONIC J
BENOEHR 207683 96317 KRONACH SIECHENANGERSTR 11 (blank) DE 19-Dez-2012 212300124 -99,37 -99,37
INDUSTRIAL ELECTRONIC J
BENOEHR Total -99,37 -99,37
INNOVATIVE KELLEREI UND
INNOKETEC Total 17,85 17,85
JIANGSU NEWAMSTAR
PACKAGING 220480 215618 ZHXXXXXXXXXX XXXXXXXXX XX., XXX. 0# XXXX XXXXXXX XXXX XX 28-Jul-2011 111300671 11.300,00 11.300,00
23-Feb-2012 111301776 11.150,00 11.150,00
20-Apr-2012 212300036 -2.402,75 -2.402,75
JIANGSU NEWAMSTAR
PACKAGING Total 20.047,25 20.047,25
XXXXXX-XXXXXXX
XX XXXXXX-XXXXXXX Total 2.038,83 2.038,83
INNICHEN BZ
KAISERWASSER GMBH Total 194,97 194,97
KHS ASIA PTE LTD 127836 199597 SINGAPORE 370 XXXXX XXXX #00-00 XXXXXXXX XX 09-Feb-2014 114300024 316,74 316,74
KHS ASIA PTE LTD Total 316,74 316,74
19245-3-4551-v4.0 - 39 - 70-40145101
KHS GMBH 127833 44143 DORTMUND JUCHOSTR 20 (blank) DE 28-Apr-2013 112301411 17.136,00 17.136,0006-Jul-2013 113300779 192,78 192,78
07-Nov-2013 113301304 499,80 499,80
29-Nov-2013 113301390 566,92 566,92
17-Jan-2014 113301617 89,25 89,25
20-Feb-2014 114300067 5.605,87 5.605,87
02-Mrz-2014 114300127 12.127,29 12.127,29
KHS GMBH Total 36.217,91 36.217,91
TULLAMARINE,
KHS PACIFIC PTY LTD Total 1.019,60 1.019,60
KHS SKANDINAVIEN APS 127705 2620 ALBERTSLUND EGXXXXXXX XXXXXXXXXXXXXXX 00-00, X0 XX 22-Feb-2014 114300088 812,10 812,10
28-Feb-2014 114300112 810,10 810,10
KHS SKANDINAVIEN APS Total 1.622,20 1.622,20
XXXXXX XX 127780 93073 NEUTRAUBLING BÖHMERWALDSTR. 5 (blank) DE 19-Feb-2014 114300064 8.300,00 8.300,00
20-Feb-2014 114300075 1.297,97 1.297,97
114300076 1.149,25 1.149,25
01-Mrz-2014 114300120 21.398,58 21.398,58
XXXXXX XX Total 32.145,80 32.145,80
09950- DIADEMA - SÄO
KRONES DO BRASIL LTDA Total 95,00 95,00
138-
05-Feb-2014 114300004 10.420,90 10.420,90
KRONES KOREA LTD Total 12.365,36 12.365,36
LABERTALER XXXX U
MINERALQUELLEN 112742 84069 SCHIERLING GETRAENKE XXXXXXX GMBH XXXXXXXXX-XXXXXXX-STR DE 06-Jun-2012 112300690 1.859,26 1.859,26
LABERTALER XXXX U
MINERALQUELLEN Total 1.859,26 1.859,26
M XXXXX GMBH 127786 68519 VIERNHEIM ZEPPELINSTR 8 (blank) DE 23-Jan-2014 114300035 36,30 36,30
114300036 206,50 206,50
01-Feb-2014 114300084 358,43 358,43
06-Feb-2014 114300102 737,60 737,60
07-Feb-2014 114300104 358,43 358,43
M XXXXX GMBH Total 1.697,26 1.697,26
XXXXXXX XXXXX BEVERAGE
INDUSTRY LLC 250221 22426 JEXXXX XXXXXXXXXX XXXX XXXXX 0 XX XXX 0000 XX 25-Jul-2012 212300068 -5.878,09 -5.878,09
XXXXXXX XXXXX BEVERAGE
INDUSTRY LLC Total -5.878,09 -5.878,09
19245-3-4551-v4.0 - 40 - 70-40145101
MS TRADE CONCEPT BAVARIAWEST 223478 67300 SCHILTIGHEIM 11 XXX XX XX XXXX (xxxxx) XX 17-Mrz-2014 114300049 2.004,55 2.004,55
MS TRADE CONCEPT BAVARIA
WEST Total 2.004,55 2.004,55
NESTLE WATERS DEUTSCHLAND
GmbH Total 29.202,10 29.202,10
NOORD LIMBURG DIXXXXXXXXX
XXXXXX XX 000000 3950 BOCHOLT N.L.D.C. N.V. KETTINGBRUGWEG 34 BE 19-Dez-2013 113301461 1.238,25 1.238,25
NOORD LIMBURG DISTRIBUTIE
CENTER NV Total 1.238,25 1.238,25
OPTIMA PHARMA GMBH 127530 74523 SCHWAEBISCH HALL XXXX XXXX STRASSE 1 (blank) DE 20-Feb-2014 114300073 11.147,07 11.147,07
28-Feb-2014 114300109 10.810,09 10.810,09
02-Mrz-2014 114300124 6.031,54 6.031,54
OPTIMA PHARMA GMBH Total 27.988,70 27.988,70
OSOTSPA CO LTD 139759 10240 BAXXXXX 000 XXXXXXXXXXXX XXXX XXXXXX, XXXXXXXX XX 01-Feb-2014 113301613 19.508,73 19.508,73
OSOTSPA CO LTD Total 19.508,73 19.508,73
PAGO INTERNATIONAL GMBH 251956 9020 KLAGENFURT SCXXXXXXXXXXXXXXXX 00 (blank) AT 26-Dez-2013 113301502 547,10 547,10
28-Dez-2013 113301509 235,60 235,60
07-Feb-2014 114300014 1.222,50 1.222,50
PAGO INTERNATIONAL GMBH
Total 2.005,20 2.005,20
PROCME GMBH 182479 55545 BAX XXXXXXXXX XXXXX-XXXXXXXXXXX XXX 0 (xxxxx) XX 26-Okt-2014 112301531 28.560,00 28.560,00
PROCME GMBH Total 28.560,00 28.560,00
XXXXX KELTEREI GMBH 127656 61184 KARBEN POSTFACH 1124 (blank) DE 22-Jul-2011 211300087 -78,54 -78,54
XXXXX KELTEREI GMBH Total -78,54 -78,54
6026
24-Mrz-2014 114300087 5.177,20 5.177,20
REFRESCO BENELUX B.V. Total 13.152,56 13.152,56
XXXX WESERGOLD GETRÄNKE
GMBH&CO. KG 251906 31737 RINTELN - EXTEN BEXXXXXXX. 00 - 00 XXXXXXXXXXXXXX XXXXXXX XX 08-Feb-2014 114300019 228,84 228,84
XXXX WESERGOLD GETRÄNKE
GMBH&CO. KG Total 228,84 228,84
RINGFEDER POWER
TRANSMISSION 252871 64823 XXXXX-XXXXXXX XXXXXX-XXXXXXXXXX-XXXXXXX 00 (xxxxx) XX 21-Feb-2014 114300079 1.516,06 1.516,06
RINGFEDER POWER
TRANSMISSION Total 1.516,06 1.516,06
19245-3-4551-v4.0 - 41 - 70-40145101
RINGNES AS 138137 N-0307 OSLO PO BOX 7152 MAJORSTUEN (blank) NO 24-Jan-2014 113301497 12.761,52 12.761,5228-Jan-2014 113301520 933,46 933,46
16-Feb-2014 113301605 3.209,96 3.209,96
16-Mrz-2014 114300046 10.508,40 10.508,40
23-Mrz-2014 114300080 7.063,71 7.063,71
RINGNES AS Total 34.477,05 34.477,05
ROMINA MINERALBRUNNEN
GMBH 127727 72768 REUTLINGEN GERMANENSTR 21 (blank) DE 24-Jul-2013 113300858 337,67 337,67
ROMINA MINERALBRUNNEN
GMBH Total 337,67 337,67
S SPITZ GMBH 127708 4800 ATTNANG/PUCHHEIM GMXXXXXX-XXX 00 (xxxxx) AT 15-Jan-2014 113301329 4.300,00 4.300,00
14-Feb-2014 114300044 13.129,36 13.129,36
114300045 4.347,88 4.347,88
S SPITZ GMBH Total 21.777,24 21.777,24
GU16
SC XXXXXXX EUROPLANT BV
Total 730,00 730,00
SCHLOSSBRUNNEN XXXXXXX
GMBH UND CO KG 127573 33699 BIELEFELD DEXXXXXXX XXXXXXX 000 (xxxxx) XX 26-Feb-2014 114300100 774,28 774,28
SCHLOSSBRUNNEN XXXXXXX
GMBH UND CO KG Total 774,28 774,28
Phatra 27-28th Floor,
SERM SUK PUBLIC CO LTD Total 4.504,70 4.504,70
SFVISION GMBH 127937 74523 SCXXXXXXXX XXXX XXXXXXXXXXX-XXXXXX XXX 00 (blank) DE 18-Nov-2009 209300133 -10,95 -10,95
SFVISION GMBH Total -10,95 -10,95
SIDEL SPA 127588 43126 PARMA XXXXX GROUP VIX XX XXXXXX, 000/X XX 07-Feb-2014 114300010 213,70 213,70
SIDEL SPA Total 213,70 210,00
XXXXXX XXXXXXX XXXX 000000 9681 MAXXXXXXX XXXXXXXXXXXXX 0 (xxxxx) XX 14-Jan-2014 114300038 20,10 20,00
XXXXXX XXXXXXX BVBA Total 20,10 20,10
XXXXX GETRÄNKEMASCHINEN
GMBH 127406 (blank) (blank) 55596 WALDBOCKELHEIM (blank) DE 29-Aug-2013 113301012 199,08 199,08
XXXXX GETRÄNKEMASCHINEN
GMBH Total 199,08 199,08
SWIRE COCA-COLA HK LIMITED 127699 . SHATIN, NT. 15/F 17-19 XXXX XXXX CIRCUIT XXX XXXX XXXX XX 26-Jan-2014 113301573 13.800,00 13.800,00
SWIRE COCA-COLA HK LIMITED
Total 13.800,00 13.800,00
TEUTOBURGER
MINERALBRUNNEN GMBH UND
CO 127686 33649 BIELEFELD BROCKHAGENER STR. 200 (blank) DE 11-Dez-2013 113301430 36,84 36,84
TEUTOBURGER
MINERALBRUNNEN GMBH UND
CO Total 36,84 36,84
19245-3-4551-v4.0 - 42 - 70-40145101
THE SOUTH AFRICAN BREWERIES (PTY) LTD. | 253411 | 2146 | SANDTON | 65 XXXX XXXX, XXXXXXX | XX XXX 000000 | XX | 01-Jan-2014 | 214300002 | -32.367,00 | -32.367,00 |
16-Mrz-2014 | 114300117 | 88.823,00 | 88.823,00 | |||||||
17-Mrz-2014 | 114300122 | 32.367,00 | 32.367,00 | |||||||
THE SOUTH AFRICAN BREWERIES (PTY) LTD. Total | 88.823,00 | 88.823,00 | ||||||||
THUERINGER WALDQUELL MINERALQUELLEN GMBH | 127645 | 98574 | SCHMALKALDEN | KAXXXXXX XXX 00 | (blank) | DE | 20-Feb-2014 | 114300074 | 5.011,72 | 5.011,72 |
THUERINGER WALDQUELL MINERALQUELLEN GMBH Total | 5.011,72 | 5.011,72 | ||||||||
UNILEVER UK LIMITED | 127372 | ST15 0SR | STONE BUSINESS PARK, STONE | ACCOUNTS PAYABLE (LEEDS FACTORY) | MAIL-POINT 14237 OMEGA HOUSE. EMXXXXX XXX | XX | 01-Jan-2014 | 113301483 | 248,80 | 248,80 |
28-Feb-2014 | 113301576 | 4.840,00 | 4.840,00 | |||||||
31-Mrz-2014 | 114300012 114300030 114300063 | 171,86 194,17 3.037,83 | 171,86 194,17 3.037,83 | |||||||
UNILEVER UK LIMITED Total | 8.492,66 | 8.492,66 | ||||||||
VAN UITERT B.V. | 251686 | 5107 | RD DOXXXX | XX XXXXXXX 0 | (xxxxx) | XX | 01-Jan-2014 | 112301816 113300429 113300872 | 41.000,00 10.873,80 5.760,00 | 41.000,00 10.873,80 5.760,00 |
VAN UITERT B.V. Total | 57.633,80 | 57.633,80 | ||||||||
VERMATEC GMBH | 127423 | 5614 | SARMENSTORF | BUXXXXXXX 00 B | (blank) | CH | 02-Dez-2013 | 213300115 | ||
19-Feb-2014 | 114300065 | 4.400,39 | 4.400,39 | |||||||
VERMATEC GMBH Total | 4.110,39 | 4.110,39 | ||||||||
VRUMONA BV BUNNIK CENTRAL MAGAZIN | 112761 | 3980 CA | BUNNIK | TAX XXXXXXXXXXXXXXXXXXXXXXXX | XXXXXXX 0 | XX | 08-Feb-2014 | 113301636 | 183,02 | 183,02 |
07-Mrz-2014 | 114300007 | 30,95 | 30,95 | |||||||
11-Mrz-2014 | 114300025 | 616,02 | 616,02 | |||||||
14-Mrz-2014 | 114300033 | 4.449,96 | 4.449,96 | |||||||
VRUMONA BV BUNNIK CENTRAL MAGAZIN Total | 5.279,95 | 5.279,95 | ||||||||
WEINGUT XXXXXX GBR | 205710 | 55578 | VENDERSHEIM | AUSSERHALB 1 | (blank) | DE | 09-Mrz-2012 | 112300197 112300199 | 590,23 471,24 | 590,23 471,24 |
WEINGUT XXXXXX GBR Total | 1.061,47 | 1.061,47 | ||||||||
Grand Total | 716.425,91 3.472,72 | 719.898,63 | ||||||||
19245-3-4551-v4.0 - 43 - 70-40145101
SCHEDULE 5
LIST OF EXISTING INTERCOMPANY LOANS
[currently none]
19245-3-4551-v4.0 - 44 - 70-40145101
[insert date and place] | [Datum und Ort einfügen] |
Dear Sirs, We hereby give you notice that pursuant to an assignment agreement entered into by us in favour of [insert name and address of the Collateral Agent] (the "Collateral Agent") dated [insert date of the assignment agreement], we have assigned by way of a global assignment (Globalzession) to the Collateral Agent all our present and future receivables against you together with all ancillary rights pertaining to them including those set out in Annex 1 hereto. The Collateral Agent is solely authorised to collect and deal with the assigned receivables, and all payments with respect to the assigned receivables have to be made to the Collateral Agent. Please do not make any further payments into our accounts. Please find attached as Annex 2 hereto a copy of the assignment agreement. | Sehr geehrte Damen und Xxxxxx, Wir teilen Ihnen hierdurch mit, dass wir mit Abtretungsvertrag vom [Datum des Abtretungsvertrages einfügen] sämtliche bestehenden und künftigen Forderungen mit xxxxx dazugehörenden Rechten gegen Sie an [Name und Adresse des Sicherheitentreuhänder einfügen] (der "Sicherheitentreuhänder") im Wege der Globalzession abgetreten haben, einschließlich der in Anlage 1 genannten. Der Sicherheitentreuhänder allein ist berechtigt, über die Forderungen zu verfügen und Zahlungen entgegenzunehmen. Bitte xxxxxxx Sie keine weiteren Zahlungen an uns. Als Anlage 2 erhalten Sie eine Kopie des Abtretungsvertrages. |
Yours faithfully, | Mit freundlichen Grüßen |
[insert full name of the Assignor] | [Namen des Sicherungsgebers einfügen] |
By: ____________________________ Name: Title: | ___________________________________ Name: Titel: |
SCHEDULE 6
FORM OF BLANK NOTIFICATION LETTER
[To be printed off on letterhead of the Assignor]
[Name and address of debtor to be completed by the
Collateral Agent
Leave this space blank]
19245-3-4551-v4.0 - 45 - 70-40145101
Annex 1 / Anlage 1
Details of assigned receivables / Eixxxxxxxxxx xxx xxxxxxxxxxxx Xxxxxxxxxxx
00000-0-0000-x0.0 - 46 - 70-40145101
Annex 2 / Anlage 2
Copy of the assignment agreement / Kopie des Abtretungsvertrages
19245-3-4551-v4.0 - 47 - 70-40145101
[insert date and place] | [Datum und Ort einfügen] |
Dear Sirs, We hereby give you notice that pursuant to an assignment agreement entered into by us in favour of [insert name and address of the Collateral Agent] (the "Collateral Agent") dated [insert date of the assignment agreement], we have assigned by way of a global assignment (Globalzession) to the Collateral Agent all our present and future receivables against you together with all ancillary rights pertaining to them including those set out in Annex 1 hereto. We are authorised by the Collateral Agent to collect the assigned receivables in our own name and for our own account and to exercise any rights and claims unless you receive a notification from the Collateral Agent to the contrary. Please see attached as Annex 2 a copy of the assignment agreement. Please acknowledge receipt of this notice and your agreement with the terms hereof by counter- signing this letter and returning the same to us. | Sehr geehrte Damen und Xxxxxx, Wir teilen Ihnen hierdurch mit, dass wir mit Abtretungsvertrag vom [Datum des Abtretungsvertrages einfügen] sämtliche bestehenden und künftigen Forderungen mit xxxxx dazugehörenden Rechten gegen Sie an [Name und Adresse des Sicherheitentreuhänders einfügen] (der "Sicherheitentreuhänder") im Wege der Globalzession abgetreten haben, einschließlich der in Anlage 1 genannten. Wir sind vom Sicherheitentreuhänder ermächtigt, alle Zahlungen betreffend die abgetretenen Forderungen im eigenen Namen und für eigene Rechnung einzuziehen und entgegenzunehmen und unsere Rechte, wenn und soweit Sie keine anderslautende Mitteilung des Sicherheitentreuhänders erhalten. Als Anlage 2 erhalten Sie eine Kopie des Abtretungsvertrages. Bitte bestätigen Sie den Erhalt dieser Benachrichtigung und Ihr Einverständnis mit den hierin enthaltenen Bestimmungen durch Gegenzeichnung dieser Benachrichtigung und Rücksendung an uns. |
Yours faithfully, | Mit freundlichen Grüßen |
[insert full name of the Assignor] By: Name: Title: | [Namen des Sicherungsgebers einfügen] Name: Titel: |
Acknowledgement of the debtor We acknowledge receipt of this notification letter and confirm our agreement with the terms | Bestätigung des Drittschuldners Wir bestätigen den Erhalt der Benachrichtigung und erklären unser Einverständnis mit den xxxxx |
SCHEDULE 7
FORM OF NOTICE FOR A DISCLOSED ASSIGNMENT
[To be printed off on letterhead of the Assignor]
[Name and address of debtor]
19245-3-4551-v4.0 - 48 - 70-40145101
thereof. | enthaltenen Bestimmungen. |
[insert full name of the debtor] By:________________________________ Name: Title: Date: | [den vollständigen Namen des Drittschuldners einfügen] ___________________________________ Name: Titel: Datum: |
19245-3-4551-v4.0 - 49 -
