Gresham Capital CLO IV B.V. - Irish Stock Exchange

“Rule 144A Global Notes” means the Class A1B Rule 144A Global Note, the Class A2 Rule 144A Global
Note, the Class B Rule 144A Global Note, the Class C Rule 144A Global Note, the Class D Rule 144A
Global Note, the Class E Rule 144A Global Note, the Class N Rule 144A Global Note or (as the context
may require) any of them.
“Rule 144A Notes” means Notes offered for sale within the United States in reliance on Rule 144A.
“Sale Proceeds” means (i) all proceeds (including accrued interest designated as Principal Proceeds by the
Collateral Manager and any fees, but excluding accrued interest designated as Interest Proceeds by the
Collateral Manager) received upon the sale or other realisation of any Collateral Debt Security, Eligible
Investment, Collateral Enhancement Security, PIK Security or Defaulted Equity Security and (ii) any
Distribution received upon liquidation of Synthetic Security Collateral (in the event that the Synthetic
Security or the Synthetic Security Obligor’s security interest is terminated by the Collateral Manager acting
on behalf of the Issuer or sold or assigned), net of any amounts expended by or payable by the Collateral
Manager or the Collateral Administrator (on behalf of the Issuer) in connection with such sale or other
realisation. To the extent such Sale Proceeds are in respect of a Sterling Collateral Debt Security or
Sterling denominated Eligible Investment, such Sale Proceeds shall be determined in Sterling and to the
extent such Sale Proceeds are in respect of a Euro Collateral Debt Security, a Non-Euro Collateral Debt
Security, or Euro denominated Eligible Investments, such Sale Proceeds shall be determined in Euro.
“Screen Rate” has the meaning given to such term in Condition 6(e)(i)(A).
“Second Lien Loan” means (a) any obligation or obligations which would be a Bank Loan (excluding subparagraph
(iii) thereof) except that it is subordinated to another obligation of the Obligor which has a higher
priority security interest in the fixed assets or stock on which the loan is secured; or (b) a Synthetic
Security, the Reference Obligation applicable to which is a second lien loan obligation of the type described
in (a) above or a Participation therein, in which circumstances a Synthetic Security shall be treated as a
Second Lien Loan;
“Secured Participation” means a Participation in respect of which the Issuer has security over the
Collateral Debt Security to which such Participation relates.
“Secured Party” means each of the Noteholders, each Agent, the Account Bank, the Collateral
Administrator, the Collateral Manager, the Custodian, each Hedge Counterparty, the Capital Commitment
Registrar, the Liquidity Facility Provider, the Initial Purchaser, the Trustee on behalf of itself and any
receiver appointed by the Trustee pursuant to the Trust Deed.
“Securities Act” means the U.S. Securities Act of 1933, as amended.
“Securities Lending Account” means the interest bearing account in the name of the Issuer held with the
Account Bank into which all Securities Lending Collateral is to be deposited.
“Securities Lending Agent” means any person having the regulatory capacity to conduct securities
business in The Netherlands appointed by the Collateral Manager on behalf of the Issuer, to enter into
securities lending arrangements which are the subject of a Rating Agency Confirmation.
“Securities Lending Agreement” means a securities lending agreement substantially in the format of the
“Overseas Securities Lender’s Agreement” scheduled to the Collateral Management Agreement entered
into between the Issuer and a Securities Lending Counterparty from time to time; provided however that
Fitch shall have the opportunity of prior review of any such agreement.
“Securities Lending Collateral” means any cash and/or securities of any one or more Qualifying Countries
with a maturity of five years or less delivered to the Issuer as collateral for the obligations of a Securities
Lending Counterparty under a Securities Lending Agreement, provided that such securities shall not be
Dutch Ineligible Securities.
“Securities Lending Counterparty” means any counterparty to a Securities Lending Agreement with the
Issuer with a short term debt rating or a guarantor with such rating of at least “F1” from Fitch and “A-1+”
from S&P and a long term rating of at least “A+” from Fitch, provided that, to the extent required, such
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