THE ORDINARY COURSE OF BUSINESS CONSISTENT WITH PAST
PRACTICES, (B) IN
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THE FORM OF EXTENSIONS OF TRADE CREDIT IN THE ORDINARY COURSE OF BUSINESS, OR
(C) IN THE FORM OF PREPAID EXPENSES AND DEPOSITS TO OTHER PERSONS IN THE
ORDINARY COURSE OF BUSINESS; (VII) INVESTMENTS MADE IN ANY PERSON TO THE EXTENT
SUCH INVESTMENT REPRESENTS THE NON-CASH PORTION OF CONSIDERATION RECEIVED FOR AN
ASSET DISPOSITION PERMITTED UNDER THE TERMS OF THE LOAN DOCUMENTS;
(VIII) INVESTMENTS CONSTITUTING GUARANTIES PERMITTED PURSUANT TO
SECTION 5.02(C)(I), (II) OR (IV) ABOVE; (IX) LOANS AND ADVANCES TO EMPLOYEES,
DIRECTORS AND OFFICERS OF THE BORROWER AND ITS SUBSIDIARIES (A) REQUIRED BY
APPLICABLE EMPLOYMENT LAWS OR (B) OTHERWISE IN THE ORDINARY COURSE OF BUSINESS
FOR TRAVEL, BUSINESS, RELATED ENTERTAINMENT, RELOCATION, AS PART OF A
RECRUITMENT OR RETENTION PLAN AND RELATED EXPENSES IN AN AGGREGATE PRINCIPAL
AMOUNT OUTSTANDING NOT TO EXCEED $500,000; (X) HEDGE AGREEMENTS AND CASH
MANAGEMENT AGREEMENTS ENTERED INTO IN THE ORDINARY COURSE OF BUSINESS AND
OTHERWISE PERMITTED UNDER THIS AGREEMENT; (XI) INVESTMENTS BY ANY FOREIGN
SUBSIDIARY THROUGH THE LICENSING, CONTRIBUTION OR TRANSACTIONS THAT ECONOMICALLY
RESULT IN A CONTRIBUTION IN KIND OF INTELLECTUAL PROPERTY RIGHTS PURSUANT TO
JOINT VENTURE ARRANGEMENTS, IN EACH CASE IN THE ORDINARY COURSE OF BUSINESS AND
CONSISTENT WITH PAST PRACTICE; PROVIDED THAT, IN THE CASE OF THIS CLAUSE (XI),
IN THE EVENT ANY NON-LOAN PARTY BECOMES A LOAN PARTY, ALL SUCH INVESTMENTS MADE
BY SUCH PERSON AND OUTSTANDING ON THE DATE SUCH PERSON BECOMES A LOAN PARTY
SHALL CONTINUE TO BE PERMITTED UNDER THIS SECTION 5.02(G)(XI); (XII) INVESTMENTS
(WHICH SHALL BE IN THE FORM OF INTERCOMPANY LOANS, EXCEPT FOR A PORTION THEREOF
NOT TO EXCEED $35,000,000 IN THE AGGREGATE AT ANY TIME OUTSTANDING) BY ANY LOAN
PARTY TO ANY FOREIGN SUBSIDIARY OR OTHER NON-LOAN PARTY NOT TO EXCEED
$60,000,000 IN THE AGGREGATE AT ANY TIME OUTSTANDING; (XIII) INVESTMENTS MADE BY
THE BORROWER OR ANY OF ITS SUBSIDIARIES IN JOINT VENTURES THAT ARE NOT
SUBSIDIARIES TO THE EXTENT SUCH INVESTMENTS ARE REQUIRED TO BE MADE BY THE
BORROWER OR SUCH SUBSIDIARY, AS THE CASE MAY BE, UNDER BINDING AGREEMENTS AS IN
EFFECT ON THE EFFECTIVE DATE, IN EACH CASE DESCRIBED ON SCHEDULE 5.02(G);
PROVIDED THAT THE AGGREGATE AMOUNT OF INVESTMENTS UNDER THIS CLAUSE (XIII) SHALL
NOT EXCEED $10,000,000; (XIV) THE LYONDELL PROPERTY PURCHASE; (XV) INVESTMENTS
CONSISTING OF GUARANTEES BY THE BORROWER OR NON-LOAN PARTIES OF LOAN OBLIGATIONS
OF THE GULF STABILIZERS INDUSTRIES, LTD. JOINT VENTURE IN AN AGGREGATE AMOUNT
NOT TO EXCEED $12,000,000 AT ANY TIME OUTSTANDING; AND (XVI) INVESTMENTS
CONSISTING OF (A) EQUITY INVESTMENTS BY CHEMTURA ORGANOMETALLICS GMBH OR OTHER
NON-LOAN PARTIES AND (B) GUARANTEE OR OTHER CREDIT SUPPORT OBLIGATIONS BY
CHEMTURA ORGANOMETALLICS GMBH, OTHER NON-LOAN PARTIES OR LOAN PARTIES (INCLUDING
LETTERS OF CREDIT ISSUED FOR THE ACCOUNT OF SUCH PERSONS), IN EACH CASE IN OR
FOR THE BENEFIT OF A JOINT VENTURE FOR A MANUFACTURING FACILITY IN SAUDI ARABIA,
SO LONG AS THE AGGREGATE AMOUNT OF INVESTMENTS PURSUANT TO THIS CLAUSE (XVI)
SHALL NOT EXCEED $20,000,000 AT ANY TIME OUTSTANDING.