ROCKALL CLO B.V. - Irish Stock Exchange

(v)
(vi)
(vii)
(viii)
(ix)
(x)
(xi)
Non-Payment of Debt
An aggregate principal amount outstanding of €10,000,000 or more of any Debt of the
Issuer or any subsidiary shall become due and payable (whether at maturity, by
acceleration or otherwise) and not be paid or satisfied in full in the manner provided
for under the terms of such Debt, or the holder of such Debt in excess of €10,000,000
shall be entitled to require the Issuer or any such subsidiary to repay, repurchase,
redeem, defease or otherwise retire for value such indebtedness, in whole or in part,
prior to its scheduled Payment Date (in each case, after giving effect to any applicable
grace periods);
Default under any Hedging and Short-Sale Transactions or Issuer Investments
A default in the payment when due (after any applicable grace period) of any amount
in excess of €10,000,000 required to be paid by the Issuer under any Hedging and
Short-Sale Transaction or under any obligation to make funds available under any
Issuer Investment (other than any such amount that is being contested in good faith
and for which adequate reserves have been set aside) and such default shall remain
unremedied for ten Business Days after the occurrence of such default;
Breach of Materiality Qualifications
The failure of the Issuer to comply with any provisions of any Transaction Document
(including for the avoidance of doubt these Conditions) that have a materiality
qualification, or to comply in all material respects with (or with a representation in) any
Transaction Document (including for the avoidance of doubt these Conditions) or the
failure of any representation or warranty made by the Issuer in any certificate or other
writing delivered pursuant to the Trust Deed, the Security Documents or these
Conditions to be correct in all material respects when the same shall have been made
and continuance of either of such failures (if remediable) for a period of 30
consecutive days (subject to applicable grace periods) after the Issuer knew of such
failure or notice has been given to the Issuer by the Trustee of the same (excluding, in
each case, defaults and breaches which are otherwise specifically described as an
"Event of Default" under other paragraphs of this Condition 10);
Under-Collateralisation Event
The occurrence of an Under-Collateralisation Event;
Representations and Warranties
Any representation or warranty of the Issuer made in the Security Documents or in
any certificate or writing delivered pursuant thereto proving to be incorrect in any
material respect when made, and continuance of such breach of representation or
warranty for a period of 45 days after notice thereof to the Issuer and the Collateral
Manager by the Trustee;
Insolvency
(A)
(B)
(C)
(D)
Winding-up etc.
The Issuer becomes insolvent, is adjudicated bankrupt (or applies for an
order of bankruptcy or moratorium of payments) or is unable to pay its debts
as they fall due or
an administrator or liquidator of the Issuer for the whole or part of the
undertaking, assets and revenues of the Issuer is appointed (or application
for any such appointment is made) or
the Issuer takes any action for a readjustment or deferment of any of its
obligations or makes a general assignment or an arrangement or
composition with or for the benefit of its creditors or
the Issuer ceases or threatens to cease to carry on all or any substantial part
of its business (other than as a result of a substitution in accordance with
Condition 14(d) (Substitution));
An order is made or an effective resolution is passed for the winding-up, liquidation or
dissolution of the Issuer;
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