Document ID: 14408

Text:
Notes/Term Collateral means 100% of the Capital Stock of all Domestic Subsidiaries of the Borrower and each Guarantor (other than Domestic Subsidiaries that are Foreign Subsidiary Holdcos), 65% of the voting Capital Stock and 100% of the non-voting Capital Stock, if any, of all First Tier Foreign Subsidiaries and all Foreign Subsidiary Holdcos owned by the Borrower and each Guarantor along with proceeds therefrom, in each case excluding Excluded Assets; provided, however, that, in no event will such collateral (including any Capital Stock of Domestic Subsidiaries) include or be deemed to include any rights in respect of (1)voting Equity Interests in excess of 65% of all outstanding voting Equity Interests of any Foreign Subsidiary or of any Foreign Subsidiary Holdco, or (2)any assets of any Foreign Subsidiary.

Named Entities:
5
6
Percentage
33
34
Percentage
41
42
Percentage

Tokenized Text:
Notes
/
Term
Collateral
means
100
%
of
the
Capital
Stock
of
all
Domestic
Subsidiaries
of
the
Borrower
and
each
Guarantor
(
other
than
Domestic
Subsidiaries
that
are
Foreign
Subsidiary
Holdcos
)
,
65
%
of
the
voting
Capital
Stock
and
100
%
of
the
non-voting
Capital
Stock
,
if
any
,
of
all
First
Tier
Foreign
Subsidiaries
and
all
Foreign
Subsidiary
Holdcos
owned
by
the
Borrower
and
each
Guarantor
along
with
proceeds
therefrom
,
in
each
case
excluding
Excluded
Assets
;
provided
,
however
,
that
,
in
no
event
will
such
collateral
(
including
any
Capital
Stock
of
Domestic
Subsidiaries
)
include
or
be
deemed
to
include
any
rights
in
respect
of
(
1
)
voting
Equity
Interests
in
excess
of
65
%
of
all
outstanding
voting
Equity
Interests
of
any
Foreign
Subsidiary
or
of
any
Foreign
Subsidiary
Holdco
,
or
(
2
)
any
assets
of
any
Foreign
Subsidiary
.