ROCKALL CLO B.V. - Irish Stock Exchange

Affiliates acting as principal or agent designated by the Collateral Manager; provided, however, none of
the Collateral Manager, the Placement Agent or any of their respective Affiliates shall have any duty to
act as an Amendment Buy-Out Purchaser.
"Applicable Currency Amendments" means, in relation to any Notes denominated in a currency other
than Euro such consequential amendments to the Base Conditions as are required to permit the
issuance of such Notes in such currency, provided that such amendments shall not prejudice the rights
of the Holders of any other Class of Notes Outstanding as at the date of such issuance.
"Associated Mandatory Redemption Class" has the meaning given thereto in Condition 7(e)(iii)
(Mandatory Redemption of Interest-Bearing Notes on Optional Redemption of Class E Subordinated
Notes).
"Authorised Denomination" means, in respect of any Note, the Minimum Denomination and any
denomination equal to one or more multiples of the Authorised Integral Amount in excess of the
Minimum Denomination.
"Authorised Integral Amount" means €1,000.
"Base Conditions" means Conditions 1 (Definitions) to 19 (Governing Law) inclusive.
"Blocked Junior Note Interest" means any payment of interest which is due to be paid on any Class of
Junior Interest-Bearing Notes but is not paid by virtue of the existence of a Blockage Period.
"Blockage Period" means a Senior Blockage Period, a Class B Notes Blockage Period, a Class C
Notes Blockage Period or a Class D Notes Blockage Period , as applicable.
"Business Day" means (save to the extent otherwise defined) a day:
(a)
(b)
(c)
on which the TARGET System is open;
on which commercial banks and foreign exchange markets settle payments in London (other
than a Saturday, Sunday or public holiday); and
for the purposes of the definition of Presentation Date, on which commercial banks and foreign
exchange markets settle payments in the place where the Holder presents or is entitled to
present a Note for payment.
"Class" means each or any class of Notes, being the Class A Notes, the Class B Notes, the Class C
Notes, the Class D Notes and the Class E Subordinated Notes whether or not issued pursuant to the
same Trust Instrument and whether or not the same are fungible with other Notes of the same class at
any given time and "Class of Noteholders" and "Class of Notes" shall be construed accordingly.
"Class A Noteholders" means the Holders of any Class A Notes from time to time.
"Class A Notes" means the Initial Issuance Notes and any other Class A Notes issued pursuant to the
Master Trust Deed which are designated as comprising "Senior Indebtedness" for the purposes of the
Security and Intercreditor Deed.
"Class B Noteholders" means the Holders of any Class B Notes from time to time.
"Class B Notes" means the Initial Issuance Class B Notes and any other Notes issued pursuant to the
Master Trust Deed which are designated as “Class B Notes”.
"Class B Notes Blockage Notice" has the meaning given thereto in Condition 3(h)(ii) (Blockage
Periods).
"Class B Notes Blockage Period" means the period commencing on the date of service of a Class B
Notes Blockage Notice and ending on the earliest of (a) 180 days after the date of such service, (b) the
date on which the default referred to in the definition of Class B Notes Blockage Trigger Event shall be
cured or otherwise waived, (c) the date on which the Representative of the Secured Creditors (at the
direction of the Controlling Class) shall otherwise give notice to the Issuer of the termination of the
Class B Notes Blockage Period and (d) the Class B Notes Discharge Date.
"Class B Notes Blockage Trigger Event" means the occurrence of a Trigger Event with respect to any
Class B Notes.
"Class B Notes Discharge Date" means the date on which all Class B Notes been fully discharged and
all commitments of the Class B Noteholders to the Issuer have been terminated or cancelled in
accordance with the Transaction Documents.
"Class B Notes Payment Default" means a Payment Default with respect to any Class B Notes.
"Class C Noteholders" means the Holders of any Class C Notes from time to time.
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