SECURITY AGREEMENTSecurity Agreement • March 30th, 2007 • Alestra • Telephone communications (no radiotelephone) • New York
This SECURITY AGREEMENT (this “Agreement”) is made and entered into as of July 26, 2006 by and among Alestra, S. de R.L. de C.V., a sociedad de responsabilidad limitada de capital variable organized under the laws of the United Mexican States, as debtor (“Pledgor”) and Deutsche Bank Trust Company Americas, as collateral agent for the benefit of the Holders and, for purposes of establishing and maintaining the Account (as defined below), in its individual capacity as a securities intermediary (the “Collateral Agent”). Capitalized terms used herein and not otherwise defined herein shall have the meanings given to such terms in that certain Note Purchase Agreement dated as of the date hereof between Pledgor and Deutsche Bank AG, London Branch (the “Initial Holder”), a copy of which is attached as Exhibit A hereto (the “Note Purchase Agreement”) and in the Notes issued pursuant thereto.
THIS NOTE PURCHASE AGREEMENT is made on July 26, 2006 BETWEENNote Purchase Agreement • March 30th, 2007 • Alestra • Telephone communications (no radiotelephone) • New York
WHEREAS the Issuer has authorized the creation and issue of one or more promissory notes in an aggregate principal amount not exceeding U.S.$50,000,000.
