iesy Repository GmbH - Irish Stock Exchange

(3) Liens imposed by law, including carriers’, warehousemen’s, mechanics’, landlords’, materialmen’s and repairmen’s
or other like Liens, in each case for sums not yet overdue for a period of more than 60 days or that are bonded or being
contested in good faith by appropriate proceedings if a reserve or other appropriate provisions, if any, as shall be required
by GAAP, shall have been made in respect thereof;
(4) Liens for taxes, assessments or other governmental charges not yet delinquent or which are being contested in good
faith by appropriate proceedings; provided that appropriate reserves required pursuant to GAAP have been made in
respect thereof;
(5) Liens in favor of issuers of surety, performance or other bonds or letters of credit or bankers’ acceptances (not
issued to support Indebtedness for borrowed money) issued pursuant to the request of and for the account of the Issuer or
any Restricted Subsidiary in the ordinary course of its business;
(6) ground leases, easements (including reciprocal easement agreements), survey exceptions, or reservations of, or
rights of others for, licenses, rights of way, sewers, electric lines, telegraph, telephone and cable lines and other similar
purposes, or zoning, building codes or other similar restrictions (including minor defects or irregularities in title and
similar encumbrances) as to the use of real properties or Liens incidental to the conduct of the business of the Issuer and
its Restricted Subsidiaries or to the ownership of its properties which do not in the aggregate materially adversely affect
the value of said properties or materially impair their use in the operation of the business of the Issuer and its Restricted
Subsidiaries;
(7) Liens securing Hedging Obligations permitted under the Indenture;
(8) leases, licenses, subleases and sublicenses of assets (including real property and intellectual property rights), in each
case entered into in the ordinary course of business and which do not materially interfere with the ordinary conduct of the
business of the Issuer or any of its Restricted Subsidiaries;
(9) Liens arising out of judgments, decrees, orders or awards not giving rise to an Event of Default so long as any
appropriate legal proceedings which may have been duly initiated for the review of such judgment, decree, order or award
have not been finally terminated or the period within which such proceedings may be initiated has not expired;
(10) Liens for the purpose of securing Capitalized Lease Obligations, Purchase Money Obligations or SLA
Agreements, or securing the payment of all or a part of the purchase price of, or securing other Indebtedness Incurred to
finance or refinance the acquisition, improvement or construction of, assets or property acquired or constructed in the
ordinary course of business; provided that (a) other than in the case of SLA Agreements, the aggregate principal amount
of Indebtedness secured by such Liens is otherwise permitted to be Incurred under the Indenture and does not exceed the
cost of the assets or property so acquired or constructed and (b) any such Lien may not extend to any assets or property of
the Issuer or any Restricted Subsidiary other than assets or property acquired, improved, constructed or leased with the
proceeds of such Indebtedness and any improvements or accessions to such assets and property;
(11) Liens arising solely by virtue of any statutory or common law provisions relating to banker’s Liens, rights of setoff
or similar rights and remedies as to deposit accounts or other funds maintained with a depositary or financial
institution;
(12) Liens on any property or assets of the Issuer or any Restricted Subsidiary existing on, or provided for under
written agreements existing on, the Issue Date;
(13) Liens on property, other assets or shares of stock of a Person at the time such Person becomes a Restricted
Subsidiary (or at the time the Issuer or a Restricted Subsidiary acquires such property, other assets or shares of stock,
including any acquisition by means of a merger, consolidation or other business combination transaction with or into the
Issuer or any Restricted Subsidiary); provided, however, that such Liens are not created, Incurred or assumed in
anticipation of or in connection with, such other Person becoming a Restricted Subsidiary (or such acquisition of such
property, other assets or stock); provided, further, that such Liens are limited to all or part of the same property, other
assets or stock (plus improvements, accession, proceeds or dividends or distributions in connection with the original
property, other assets or stock) that secured (or, under the written arrangements under which such Liens arose, could
secure) the obligations to which such Liens relate;
(14) Liens securing Indebtedness or other obligations of a Restricted Subsidiary owing to the Issuer or another
Restricted Subsidiary, or of the Issuer owing to a Restricted Subsidiary or Liens in favor of the Issuer or any Subsidiary
Guarantor;
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