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Untitled - Irish Stock Exchange

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the most recent available closing price or closing bid price, as the case may be); provided that bonds may not be<br />

priced based upon the price on an Approved <strong>Exchange</strong> pursuant to this clause (x) prior to the termination (without<br />

replacement) of the Credit Agreement, without the consent of the Administrative Agent and (y) after termination<br />

(without replacement) of the Credit Agreement, unless the Issuer shall have notified the Trustee, Moody's and the<br />

Holders of the Rated Notes in writing and Moody's shall not have objected within fifteen (15) days of such<br />

disclosure, (b) the average of the bid prices at such date quoted by two Approved Dealers, or (c) the price obtained<br />

at such date from an Approved Pricing Service.<br />

SECTION 5.<br />

Certain Definitions.<br />

Followings are certain definitions used in this Appendix and elsewhere in this Offering Circular:<br />

"Affiliate" has the meaning assigned to such term in the Credit Agreement.<br />

"Approved Counterparty" means (i) any Lender or Affiliate of any Lender or (ii) any counterparty set<br />

forth in the Credit Agreement (or any successor to any such listed counterparty) or any other counterparty<br />

designated by the Issuer in writing and not objected to by the Administrative Agent or Moody's in their reasonable<br />

discretion within 30 days of their receipt of notice of such designation; provided, however, that if the Credit<br />

Agreement is terminated without replacement, "Approved Counterparty" means any Approved Counterparty that<br />

was an "Approved Counterparty" immediately prior to termination of the Credit Agreement and any additional<br />

Approved Counterparty listed in the Indenture or otherwise disclosed in writing by the Issuer to the Trustee,<br />

Moody's and the Holders of the Rated Notes and not objected to by Moody's within 15 days of such disclosure.<br />

"Approved Dealer" means (a) in the case of any Fund Investment that is not a U.S. Government Security,<br />

any bank or broker-dealer set forth in the Credit Agreement (or any successor to any such listed bank or brokerdealer)<br />

or any other bank or broker-dealer designated by the Issuer in writing and not objected to by the<br />

Administrative Agent or Moody's in their reasonable discretion within 30 days of their receipt of notice of such<br />

designation and (b) in the case of a U.S. Government Security, any primary dealer in U.S. Government Securities, as<br />

reported by the FRB, which as of the date hereof maintains a website at http://www.ny.frb.org; provided, however,<br />

that if the Credit Agreement is terminated without replacement, "Approved Dealer" means (a) in the case of a U.S.<br />

Government Security, any primary dealer in U.S. Government Securities, as reported by the FRB, which as of the<br />

date hereof maintains a website at http://www.ny.frb.org, and (b) in the case of any Fund Investment that is not a<br />

U.S. Government Security any Approved Dealer that was an "Approved Dealer" immediately prior to the<br />

termination of the Credit Agreement and any additional Approved Dealer listed in the Indenture or otherwise<br />

disclosed in writing by the Issuer to the Trustee, Moody's and the Holders of the Rated Notes and not objected to by<br />

Moody's within 15 days of such disclosure.<br />

"Approved <strong>Exchange</strong>" means, with respect to any Security, any major securities or options exchange, the<br />

NASDAQ or any other exchange or quotation system providing regularly published securities prices designated by<br />

the Issuer in writing and not objected to by the Administrative Agent or Moody's in their reasonable discretion<br />

within 30 days of their receipt of notice of such designation; provided, however, that if the Credit Agreement is<br />

terminated without replacement, "Approved <strong>Exchange</strong>" means any Approved <strong>Exchange</strong> that was an "Approved<br />

<strong>Exchange</strong>" immediately prior to the termination of the Credit Agreement plus any additional Approved <strong>Exchange</strong><br />

listed in the Indenture or otherwise disclosed in writing by the Issuer to the Trustee, Moody's and the Holders of the<br />

Rated Notes and not objected to by Moody's within 15 days of such disclosure.<br />

"Approved Industry" means a single industry category that is listed in the Credit Agreement or any other<br />

industry category designated by the Issuer in writing, consented to by Moody's and not objected to by the<br />

Administrative Agent in its reasonable discretion within 30 days of its receipt of notice of such designation;<br />

provided, however, that if the Credit Agreement is terminated without replacement, "Approved Industry" means<br />

any Approved Industry that was an "Approved Industry" immediately prior to the termination of the Credit<br />

Agreement plus any additional Approved Industry disclosed in writing by the Issuer to the Trustee and the Holders<br />

of the Rated Notes and consented to by Moody's.<br />

"Approved Investment Banking Firm" means any investment banking firm set forth in the Credit<br />

Agreement (or any successor to any such listed investment banking firm) or any other investment banking firm<br />

167

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