Untitled - Irish Stock Exchange

(including pursuant to a Permitted Refinancing). In addition, if the Issuers shall be required to prepay any Class B
Notes, then, unless and until such mandatory prepayment has been made or is no longer required, no payment shall
be made by the Issuers, any paying agent or the Trustee on account of the principal, premium (if any), Breakage
Costs (if any) or interest on the Class C Notes, the Class D Notes or the Class E Notes or distributions to the Income
Notes, and no payment may be made by the Issuers in connection with the purchase or other acquisition of any Class
C Notes, Class D Notes or Class E Notes (including pursuant to a Permitted Refinancing).
If an Event of Default under the Indenture that is not a Class B Payment Default which would give the
Holders of Class B Notes the right to accelerate any such Class B Notes prior to their stated maturity (a "Class B
Non-Payment Default") shall have occurred and be continuing and the Secured Parties Representative or, if the
Credit Agreement shall no longer be in effect, the Trustee, upon the receipt of instructions from the Controlling
Class, gives notice of blockage with respect to such Class B Non-Payment Default ("Class B Blockage Notice") to
the Issuers (the date such Class B Blockage Notice is given being referred to as the "Class B Blockage Notice
Date"), then, until all outstanding Class B Notes are paid in full, no payment of principal, premium (if any),
Breakage Costs (if any) or interest on the Class C Notes, the Class D Notes or the Class E Notes (including pursuant
to a Permitted Refinancing) or distributions to the Income Notes may be made by the Issuers (or, in case of the Class
E Notes, the Issuer) during the period (the "Class B Blockage Period") commencing on the Class B Blockage
Notice Date and ending on the earliest of (A) 180 days after the Class B Blockage Notice Date; (B) the date such
Event of Default is cured or waived; and (C) the date the Secured Parties Representative or, if the Credit Agreement
shall no longer be in effect, the Trustee, upon the receipt of instructions from the Controlling Class, shall have given
notice to the Issuers of the termination of the Class B Blockage Period. No more than one Class B Blockage Notice
may be given during any period of 365 consecutive days.
At any time when the Issuer is prohibited from making any payment of principal of, premium (if any) or
interest on or Breakage Costs (if any) with respect to the Class C Notes, the Class D Notes or the Class E Notes as
described in the two preceding paragraphs, neither the Trustee nor the Holders of the Class C Notes, the Class D
Notes or the Class E Notes may (A) accelerate the maturity of the principal, premium (if any) or accrued interest on
or Breakage Costs (if any) with respect to the Class C Notes, the Class D Notes or the Class E Notes, (B) commence
any judicial action or proceeding to collect payment of the principal, premium (if applicable) or interest on the Class
C Notes, the Class D Notes or the Class E Notes or (C) commence an involuntary case or proceeding in bankruptcy
against the Issuer (or the Co-Issuer).
Any interest on the Class C Notes, the Class D Notes or the Class E Notes that would be payable to
Noteholders on a Payment Date but is not paid because of a Class B Payment Default, a Class B Non-Payment
Default or the prepayment of the Class B Notes in accordance with the Over-Collateralization Test shall be added to
the Outstanding Principal Amount of the Class C Notes, the Class D Notes or the Class E Notes, as applicable, on
such Payment Date and will thereafter cease to be payable as interest (but will, to the extent permitted by law, bear
interest at the rate stated to be payable on such Class of Notes). The addition of interest on the Class C Notes, the
Class D Notes or the Class E Notes, as applicable, to the Outstanding Principal Amount of such Class C Notes,
Class D Notes or Class E Notes, as applicable, in lieu of the cash payment of such interest in accordance with the
terms of this paragraph shall be deemed to satisfy the payment of such interest for all purposes of the Indenture and
shall not constitute an Event of Default thereunder. Such interest added to the Outstanding Principal Amount of the
Class C Notes, the Class D Notes or the Class E Notes, as applicable, (i) shall be deemed, upon the payment of any
principal on the Class C Notes, the Class D Notes or the Class E Notes, as applicable, to be repaid prior to the
repayment of any other principal of the Class C Notes, the Class D Notes or the Class E Notes, as applicable,
(ii) will be repaid (unless prohibited under the Indenture, the Credit Agreement or the Pledge and Intercreditor
Agreement) as directed by the Investment Manager; provided, that the Issuer shall have delivered a written
certificate to the Trustee stating that there will be sufficient funds to pay all amounts due on the following Payment
Date, and (iii) shall not be entitled to the benefit of any Make-Whole Premium.
Class C Defaults. If (i) a default by the Issuer in the payment of principal of, premium (if any) or interest
on or Breakage Costs (if any) with respect to Class C Notes shall have occurred and be continuing (a "Class C
Payment Default") or (ii) a failure by the Issuer to be in compliance with the Over-Collateralization Test shall have
occurred and be continuing (prior to giving effect to any applicable grace period), unless and until such Class C
Payment Default or failure to be in compliance with the Over-Collateralization Test, as the case may be, shall have
been cured or waived or shall have ceased to exist, then no payment shall be made by the Issuers, any paying agent
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