Document:

EX-4.23.4

    

Exhibit
4.23.4
  
 SUPPLEMENTAL INDENTURE NO. 4

 
 SUPPLEMENTAL INDENTURE No. 4, dated as of April 1, 2014, among CEMEX España, S.A., a corporation (sociedad
anónima) organized under the laws of Spain, acting through its Luxembourg branch, CEMEX España, S.A., Luxembourg Branch (the “Issuer”), the existing
guarantors under the Indenture (as defined  below) listed on Schedule I hereto (collectively, the “Existing
Guarantors”), CEMEX Finance LLC, a Delaware limited liability company (the “New Guarantor” and, together with the Existing Guarantors, the “Note Guarantors”) and The Bank of New York Mellon, as trustee (the “Trustee”).

 
 W I T N E S S E T H:

 
 WHEREAS, the Issuer, the Existing Guarantors and the Trustee previously have entered into an indenture, dated as of
March 28, 2012, as supplemented by Supplemental Indenture No. 1 thereto, dated as of September 17, 2012, Supplemental Indenture No. 2 thereto, dated as of March 25, 2013, and Supplemental Indenture No. 3 thereto, dated as of June 6, 2013 (as
supplemented, the “Indenture”), providing for the issuance of the Issuer’s 9.875% U.S. Dollar-Denominated Senior Secured Notes Due 2019 and 9.875% Euro-Denominated
Senior Secured Notes Due 2019 (together, the “Notes”);

 
 WHEREAS, Section 9.1(a)(iv) of the Indenture
provides that the Issuer, the Existing Guarantors and the Trustee may enter into a supplemental indenture without notice to or consent of any Holder to add guarantees with respect to the Notes;

 
 WHEREAS, the Issuer desires to amend and supplement the Indenture as provided in Article II hereof to provide for
the guarantee by the New Guarantor of the Issuer’s Obligations under the Notes and the Indenture on the terms and conditions set forth herein;

 
 WHEREAS, the Issuer and the Note Guarantors are authorized to execute and deliver this Supplemental Indenture No.
4;
  
 WHEREAS, the Issuer has requested that the Trustee join in the execution of this Supplemental Indenture No. 4
pursuant to Section 9.6 of the Indenture; and
  

WHEREAS, all
things necessary to make this Supplemental Indenture No. 4 a valid agreement of the parties and a valid supplement to the Indenture have been done.

 
 NOW, THEREFORE, for and in consideration of the premises and the mutual covenants contained herein and in the
Indenture and for other good and valuable consideration, the receipt and sufficiency of which are herein acknowledged, the Issuer, the Note Guarantors and the Trustee hereby agree, for the benefit of all Holders, as follows:

 
 
  
  
 
 
  
  
 
 

   
 
 
 
  

ARTICLE I

 

DEFINITIONS

 
 Section
1.01   Defined Terms.  All capitalized terms used but not defined herein shall have the meanings ascribed to such terms in
the Indenture, as supplemented and amended hereby.  All definitions in the Indenture shall be read in a manner consistent with the terms of this Supplemental Indenture No. 4.

 
 ARTICLE II
 
 

NOTE GUARANTEES

 
 Section
2.01   Agreement to Guarantee.  The New Guarantor hereby agrees, jointly and severally with the other Note Guarantors, irrevocably, fully and unconditionally,
to guarantee the Obligations under the Indenture and the Notes on the terms and subject to the conditions set forth in Article X of the Indenture and to be bound by (and shall be
entitled to the benefits of) all other applicable provisions of the Indenture as a Note Guarantor.
  

ARTICLE III

 

MISCELLANEOUS

 
 Section 3.01.   Effect of This Supplemental Indenture No. 4. This
Supplemental Indenture No. 4 supplements the Indenture and shall be a part, and subject to all the terms, thereof.  The Indenture, as supplemented and amended by this Supplemental Indenture No. 4, is in all respects ratified and confirmed,
and the Indenture and this Supplemental Indenture No. 4 shall be read, taken and construed as one and the same instrument.  All provisions included in this Supplemental Indenture No. 4 supersede any conflicting provisions included in the
Indenture, unless not permitted by law.
  

Section 3.02   Governing Law.  This Supplemental Indenture No. 4 shall be governed by, and construed in accordance with, the laws of the State of New York.

 
 Section 3.03   Effect of Headings.  The section headings herein are for
convenience only and shall not affect the construction of this Supplemental Indenture No. 4.
  

Section 3.04   Counterparts.  The parties may sign any number of copies of this Supplemental Indenture No. 4.  Each signed copy shall be an original, but all of them shall represent the
same agreement.
  
 Section 3.05   The Trustee.  The Trustee shall not be responsible in any manner
whatsoever for or in respect of the validity or sufficiency of this Supplemental Indenture No. 4 or for or in respect of the recitals contained herein, all of which are made solely by the Issuer and the Note Guarantors.  In entering into
this Supplemental Indenture No. 4, the Trustee shall be entitled to the benefit of every provision of the Indenture relating to the conduct or affecting the

 
 
  
  
 
 
2
  
 
 

   
 
 
 

liability or affording protection to the Trustee whether or not
elsewhere herein so provided. The Issuer and the Note Guarantors expressly reaffirm and confirm their obligations to indemnify the Trustee in connection with the Indenture and all the actions contemplated hereby, all in accordance with the terms of
the Indenture.
  
 [SIGNATURE PAGE TO FOLLOW IMMEDIATELY]
  
 

   

 
  3

 
 
 
 
  
 
 
 

IN WITNESS WHEREOF, the parties have caused this Supplemental
Indenture No. 4 to be duly executed as of the date first written above.
 
 
 
	  	 CEMEX
España, S.A., acting through its Luxembourg branch, CEMEX España, S.A., Luxembourg Branch
 
	  	  	  	  	  
	  	  	  	  	  
	  	 By:
 	  	 /s/ Jose Antonio Gonzalez Flores
 
	  	  	  	 Name: 

 	 Jose Antonio Gonzalez
Flores
 
	  	  	  	 Title:
 	
Attorney-in-Fact
 
	  	  	  	  	  
	  	  	  	  	  
	  	 By:
 	  	 /s/ Jose Antonio Gonzalez Flores
 
	  	  	  	 Name:
 	 Jose Antonio Gonzalez
Flores
 
	  	  	  	 Title:
 	
Attorney-in-Fact
 
	  	  	  	  	  
	  	  	  	  	  
	  	 CEMEX, S.A.B.
de C.V., as Note Guarantor
 
	  	  	  	  	  
	  	  	  	  	  
	  	 By:
 	  	 /s/ Jose Antonio Gonzalez Flores
 
	  	  	  	 Name:
 	 Jose Antonio Gonzalez
Flores
 
	  	  	  	 Title:
 	
Attorney-in-Fact
 
	  	  	  	  	  
	  	  	  	  	  
	  	 CEMEX
México, S.A. de C.V., as Note Guarantor
 
	  	  	  	  	  
	  	  	  	  	  
	  	 By:
 	  	 /s/ Jose Antonio Gonzalez Flores
 
	  	  	  	 Name:
 	 Jose Antonio Gonzalez
Flores
 
	  	  	  	 Title:
 	
Attorney-in-Fact
 
	  	  	  	  	  
	  	  	  	  	  
	  	 New Sunward
Holding B.V., as Additional Note Guarantor
 
	  	  	  	  	  
	  	  	  	  	  
	  	 By:
 	  	 /s/ Jose Antonio Gonzalez Flores
 
	  	  	  	 Name:
 	 Jose Antonio Gonzalez
Flores
 
	  	  	  	 Title:
 	
Attorney-in-Fact
 

 

 

 

 
  

 
  

 
 [Signature page to Supplemental Indenture No. 4 (9.875% U.S. Dollar-Denominated Senior Secured Notes Due 2019 and 9.875% Euro-Denominated Senior Secured Notes Due
2019)]
 
 
 
     
 
    
  
 
 
 
  
 
 
 
  
 
	  	 CEMEX Research
Group AG, as Note Guarantor
 
	  	  	  	  	  
	  	  	  	  	  
	  	 By:
 	  	 /s/ Jose Antonio Gonzalez Flores
 
	  	  	  	 Name: 

 	 Jose Antonio Gonzalez
Flores
 
	  	  	  	 Title:
 	
Attorney-in-Fact
 
	  	  	  	  	  
	  	  	  	  	  
	  	 CEMEX Shipping
B.V., as Note Guarantor
 
	  	  	  	  	  
	  	  	  	  	  
	  	 By:
 	  	 /s/ Jose Antonio Gonzalez Flores
 
	  	  	  	 Name:
 	 Jose Antonio Gonzalez
Flores
 
	  	  	  	 Title:
 	
Attorney-in-Fact
 
	  	  	  	  	  
	  	  	  	  	  
	  	 CEMEX Asia
B.V., as Note Guarantor
 
	  	  	  	  	  
	  	  	  	  	  
	  	 By:
 	  	 /s/ Jose Antonio Gonzalez Flores
 
	  	  	  	 Name:
 	 Jose Antonio Gonzalez
Flores
 
	  	  	  	 Title:
 	
Attorney-in-Fact
 
	  	  	  	  	  
	  	  	  	  	  
	  	 CEMEX France
Gestion (S.A.S.), as Note Guarantor
 
	  	  	  	  	  
	  	  	  	  	  
	  	 By:
 	  	 /s/ Jose Antonio Gonzalez Flores
 
	  	  	  	 Name:
 	 Jose Antonio Gonzalez
Flores
 
	  	  	  	 Title:
 	
Attorney-in-Fact
 
	  	  	  	  	  
	  	  	  	  	  
	  	 CEMEX UK, as
Note Guarantor
 
	  	  	  	  	  
	  	  	  	  	  
	  	 By:
 	  	 /s/ Jose Antonio Gonzalez Flores
 
	  	  	  	 Name:
 	 Jose Antonio Gonzalez
Flores
 
	  	  	  	 Title:
 	
Attorney-in-Fact
 

 

 

 

 
  

 
  

 
 [Signature page to Supplemental Indenture No. 4 (9.875% U.S. Dollar-Denominated Senior Secured Notes Due 2019 and 9.875% Euro-Denominated Senior Secured Notes Due
2019)]
 
  
 
     
 
    
  
 
 
 
  
 
 
 
 
 
 
	  	 CEMEX Egyptian
Investments B.V., as Note Guarantor
 
	  	  	  	  	  
	  	  	  	  	  
	  	 By:
 	  	 /s/ Jose Antonio Gonzalez Flores
 
	  	  	  	 Name: 

 	 Jose Antonio Gonzalez
Flores
 
	  	  	  	 Title:
 	
Attorney-in-Fact
 
	  	  	  	  	  
	  	  	  	  	  
	  	 CEMEX Corp.,
as Note Guarantor
 
	  	  	  	  	  
	  	  	  	  	  
	  	 By:
 	  	 /s/ Jose Antonio Gonzalez Flores
 
	  	  	  	 Name:
 	 Jose Antonio Gonzalez
Flores
 
	  	  	  	 Title:
 	
Attorney-in-Fact
 
	  	  	  	  	  
	  	  	  	  	  
	  	 CEMEX
Concretos, S.A. de C.V., as Note Guarantor
 
	  	  	  	  	  
	  	  	  	  	  
	  	 By:
 	  	 /s/ Jose Antonio Gonzalez Flores
 
	  	  	  	 Name:
 	 Jose Antonio Gonzalez
Flores
 
	  	  	  	 Title:
 	
Attorney-in-Fact
 

 

 

 

 
  

 
  

 
 [Signature page to Supplemental Indenture No. 4 (9.875% U.S. Dollar-Denominated Senior Secured Notes Due 2019 and 9.875% Euro-Denominated Senior Secured Notes Due
2019)]
 
 
 
     
 
    
  
 
 
 
  
 
 
 
 
 

 
 
	  	 Empresas
Tolteca de México, S.A. de C.V., as Note Guarantor
 
	  	  	  	  	  
	  	  	  	  	  
	  	 By:
 	  	 /s/ Jose Antonio Gonzalez Flores
 
	  	  	  	 Name: 

 	 Jose Antonio Gonzalez
Flores
 
	  	  	  	 Title:
 	
Attorney-in-Fact
 
	  	  	  	  	  
	  	  	  	  	  
	  	 CEMEX Egyptian
Investments II B.V., as Note Guarantor
 
	  	  	  	  	  
	  	  	  	  	  
	  	 By:
 	  	 /s/ Jose Antonio Gonzalez Flores
 
	  	  	  	 Name:
 	 Jose Antonio Gonzalez
Flores
 
	  	  	  	 Title:
 	
Attorney-in-Fact
 
	  	  	  	  	  
	  	  	  	  	  
	  	 CEMEX Finance
LLC, as Note Guarantor
 
	  	  	  	  	  
	  	  	  	  	  
	  	 By:
 	  	 /s/ Jose Antonio Gonzalez Flores
 
	  	  	  	 Name:
 	 Jose Antonio Gonzalez
Flores
 
	  	  	  	 Title:
 	
Attorney-in-Fact
 

 

 

 

 
  

 
  

 
 [Signature page to Supplemental Indenture No. 4 (9.875% U.S. Dollar-Denominated Senior Secured Notes Due 2019 and 9.875% Euro-Denominated Senior Secured Notes Due
2019)]
 
 
 
     
 
    
  
 
 
 
  
 
 
 

 
 
	  	 THE BANK OF
NEW YORK MELLON, as Trustee
 
	  	  	  	  	  
	  	  	  	  	  
	  	 By:
 	  	 /s/ Jaime Nielsen
 
	  	  	  	 Name: 

 	 Jaime Nielsen

	  	  	  	 Title:
 	 Vice
President
 

 
 
 
  
  

 
  

 
  

[Signature page to Supplemental Indenture No. 4 (9.875% U.S.
Dollar-Denominated Senior Secured Notes Due 2019 and 9.875% Euro-Denominated Senior Secured Notes Due 2019)]
 
  
 

   

 
    

 
 
 
 
  
 
 
 

SCHEDULE I

 
 EXISTING GUARANTORS

 
 
	  	 1.
 	  	 CEMEX, S.A.B. de
C.V.
 
	  	 2.
 	  	 CEMEX México, S.A. de
C.V.
 
	  	 3.
 	  	 New Sunward Holding
B.V.
 
	  	 4.
 	  	 CEMEX Research Group
AG
 
	  	 5.
 	  	 CEMEX Shipping
B.V.
 
	  	 6.
 	  	 CEMEX Asia
B.V.
 
	  	 7.
 	  	 CEMEX France Gestion
(S.A.S.)
 
	  	 8.
 	  	 CEMEX UK

	  	 9.
 	  	 CEMEX Egyptian Investments
B.V.
 
	  	 10.
 	  	 CEMEX Corp.

	  	 11.
 	  	 CEMEX Concretos, S.A. de
C.V.
 
	  	 12.
 	  	 Empresas Tolteca de
México, S.A. de C.V.
 
	  	 13.
 	  	 CEMEX Egyptian Investments
II B.V.EX-4.24.1

 Exhibit 4.24.1 

EXECUTION VERSION 
 DATED
16 October 2013 
 AMENDMENT AGREEMENT 

between 
 CEMEX, S.A.B. de C.V.

 acting for itself and as agent on behalf of each other Obligor 

and 
 CITIBANK INTERNATIONAL
PLC 
 acting for itself and as Agent on behalf of the Finance Parties 

 
  

RELATING TO THE FACILITIES AGREEMENT 

DATED 17 SEPTEMBER 2012 
  

 

 THIS AGREEMENT is dated 16 October 2013 and made between: 

 

	(1)	CEMEX, S.A.B. de C.V. (the “Parent”) (for itself, and in accordance with Clauses 33.8 and 37.1 of the Facilities Agreement, on behalf of each Obligor); and 

 

	(2)	CITIBANK INTERNATIONAL PLC, for itself and as agent of the Finance Parties under the Facilities Agreement (the “Agent”). 

IT IS AGREED as follows: 
  

	1.	DEFINITIONS AND INTERPRETATION 

  

	1.1	Definitions 

 In this Agreement, “Facilities Agreement” means the
facilities agreement dated 17 September 2012 between (amongst others) (1) CEMEX, S.A.B. de C.V.; (2) the financial institutions, noteholders and other entities named therein in their capacity as Original Creditors; (3) Citibank
International plc acting as Agent; and (4) Wilmington Trust (London) Limited acting as Security Agent. 
  

	1.2	Incorporation of defined terms 

  

	 	(A)	Unless a contrary indication appears, a term defined in the Facilities Agreement has the same meaning in this Agreement. 

  

	 	(B)	The principles of construction set out in the Facilities Agreement shall have effect as if set out in this Agreement. 

  

	1.3	Clauses 

 In this Agreement any reference to a “Clause” or the
“Schedule” is, unless the context otherwise requires, a reference to a Clause or the Schedule to this Agreement. 
  

	1.4	Third party rights 

 Except as otherwise expressly provided in a Finance Document, a
person who is not a party to this Agreement has no right under the Contracts (Rights of Third Parties) Act 1999 to enforce or to enjoy the benefit of any term of this Agreement. 

 

	1.5	Designation 

 In accordance with the Facilities Agreement, the Parent and the Agent
designate this Agreement as a Finance Document. 
  

	2.	AMENDMENT 

 With effect from the date of this Agreement, the Facilities Agreement shall
be amended as set out in the Schedule (Amendments to Facilities Agreement) to this Agreement. 

	3.	REPRESENTATIONS 

 The Repeating Representations are deemed to be made by each Obligor (by
reference to the facts and circumstances then existing) on the date of this Agreement. 
  

	4.	CONTINUITY, GUARANTEE CONFIRMATION, NO NOVATION AND FURTHER ASSURANCE 

  

	4.1	Continuing obligations 

 The provisions of the Facilities Agreement and the other Finance
Documents shall, save as amended by this Agreement, continue in full force and effect. 
  

	4.2	Guarantee confirmation 

 The Parent (acting on behalf of each of the Guarantors) hereby
confirms for the benefit of the Finance Parties that, notwithstanding any amendments which may be made to the Facilities Agreement pursuant to this Agreement, the guarantee and indemnity obligations undertaken by each of the Guarantors pursuant to
Clause 18 (Guarantee and Indemnity) of the Facilities Agreement shall remain in full force and effect. 
  

	4.3	No novation 

 The amendment of the Facilities Agreement does not constitute a novation of
the obligations of the parties thereto. 
  

	4.4	Further assurance 

 The Parent shall, at the request of the Agent and at its own expense,
do all such acts and things necessary or desirable to give effect to the amendments effected or to be effected pursuant to this Agreement. 
  

	5.	COSTS AND EXPENSES 

 The Parent shall within fifteen days of receipt of demand pay (or
procure to be paid to) the Agent the amount of all legal fees reasonably incurred by the Agent in connection with the negotiation, preparation, printing and execution of this Agreement. 

 

	6.	CONSENT OF THE MAJORITY CREDITORS 

 Pursuant to Clause 37.1 (Amendments and waivers;
Required consents) of the Facilities Agreement, the Agent, by its signature to this Agreement, hereby confirms that it has received the consent of the Majority Creditors to the amendments to the Facilities Agreement as set out in Clause 2
(Amendment) and has been authorised by them to execute this Agreement on their behalf. 

  
 3 

	7.	MISCELLANEOUS 

  

	7.1	Incorporation of terms 

 The provisions of Clause 33 (Notices), Clause 35
(Partial Invalidity), Clause 36 (Remedies and Waivers) and Clause 41 (Enforcement) of the Facilities Agreement shall be incorporated into this Agreement as if set out in full in this Agreement and as if references in those
clauses to “this Agreement” or “the Finance Documents” or “any Finance Document” are references to this Agreement. 
  

	7.2	Counterparts 

 This Agreement may be executed in any number of counterparts, and this has
the same effect as if the signatures on the counterparts were on a single copy of this Agreement. 
  

	8.	GOVERNING LAW 

 This Agreement and all non-contractual obligations arising from or connected with it are
governed by English law. 

  
 4 

 SCHEDULE 

AMENDMENTS TO FACILITIES AGREEMENT 
  

	1.	Amendments to Clause 1.1 (Definitions) 

  

	 	(A)	The following new definitions shall be inserted in alphabetical order in Clause 1.1 (Definitions): 

““CEMEX España Operaciones” means CEMEX España Operaciones S.L.U..” 

““Czech Acquisition” means the acquisition of any asset, undertaking or business located in the Czech Republic by a
member (or members) of the Group from a member (or members) of the Holcim Group.” 
 ““European Transaction” means
the Czech Acquisition, the West German Disposal and the Spanish Combination.” 
 ““Holcim” means Holcim Ltd.”

 ““Holcim Group” means Holcim and each of its Subsidiaries for the time being.” 

““Spanish Combination” means the shareholders agreement and other arrangements entered into or to be entered into between
CEMEX España (and any other member of the Group) and a member (or members) of the Holcim Group in relation to CEMEX España Operaciones, pursuant to which a member (or members) of the Holcim Group will contribute assets to CEMEX
España Operaciones or its subsidiaries in consideration for the issue to or acquisition by a member (or members) of the Holcim Group of shares in CEMEX España Operaciones.” 

““Spanish Combination Termination Mechanism” means the ability of a Group member on or after the fifth anniversary of
completion of the Spanish Combination to acquire all of the shares in CEMEX España Operaciones held by any member of the Holcim Group at the relevant time (whether such shares were issued as part of completion of the Spanish Combination or
were acquired or subscribed for as part of any capital contribution in CEMEX España Operaciones after completion of the Spanish Combination or otherwise).” 

““West German Disposal” means the disposal of any asset, undertaking or business located in western Germany and in the
Netherlands or France (to the extent any such asset, undertaking or business in the Netherlands or France is related to operations in western Germany) by a member (or members) of the Group to a member (or members) of the Holcim Group.” 

 

	 	(B)	The definition of “Financial Indebtedness” in Clause 1.1 (Definitions) shall be amended as follows: 

  

	 	(i)	by deleting “.” at the end of paragraph (l); 

	 	(ii)	by inserting “,” at the end of paragraph (l); and 

  

	 	(iii)	by inserting a new line after paragraph (l) as follows: 

  

	 	    	“, and provided that the Spanish Combination Termination Mechanism is not Financial Indebtedness.” 

  

	 	(C)	The definition of “Permitted Acquisition” in Clause 1.1 (Definitions) shall be amended as follows: 

  

	 	(i)	by deleting “and” at the end of the paragraph (m); 

  

	 	(ii)	by inserting “and” at the end of the paragraph (n); and 

  

	 	(iii)	by inserting a new paragraph (o) after paragraph (n) as follows: 

  

	 	    	“(o) an acquisition pursuant to the European Transaction.” 

  

	 	(D)	The definition of “Permitted Disposal” in Clause 1.1 (Definitions) shall be amended as follows: 

  

	 	(i)	by deleting “or” at the end of paragraph (v); 

  

	 	(ii)	by deleting “.” at the end of the paragraph (w) and replacing it with “; or”; and 

  

	 	(iii)	by inserting a new paragraph (x) after paragraph (w) as follows: 

  

	 	    	“(x) pursuant to the West German Disposal.” 

  

	 	(E)	The definition of “Permitted Guarantee” in Clause 1.1 (Definitions) shall be amended as follows: 

  

	 	(i)	by deleting “and” at the end of paragraph (l); 

  

	 	(ii)	by deleting “.” at the end of paragraph (m) and replacing it with “; and”; and 

  

	 	(iii)	by inserting a new paragraph (n) after paragraph (m) as follows: 

  

	 	    	“(n) any guarantee granted in respect of obligations of a Group member under the European Transaction.” 

  

	 	(F)	The definition of “Permitted Joint Venture” in Clause 1.1 (Definitions) shall be amended as follows: 

  

	 	(i)	by deleting “or” at the end of paragraph (b); 

  
 6 

	 	(ii)	by deleting “.” at the end of paragraph (c) and replacing it with “; or”; and 

  

	 	(iii)	by inserting a new paragraph (d) after paragraph (c) as follows: 

  

	 	    	“(d) such investment is made under or in connection with the Spanish Combination.” 

  

	 	(G)	The definition of “Permitted Share Issue” in Clause 1.1 (Definitions) shall be amended as follows: 

  

	 	(i)	by deleting “and” at the end of paragraph (f); 

  

	 	(ii)	by deleting “.” at the end of paragraph (g) and replacing it with “;”; 

  

	 	(iii)	by inserting a new paragraph (h) after paragraph (g) as follows: 

  

	 	    	“(h) any issue of shares by CEMEX España Operaciones pursuant to the Spanish Combination; and”; and 

  

	 	(iv)	by inserting a new paragraph (i) after the new paragraph (h) as follows: 

  

	 	    	“(i) any issue of shares consented to by the Agent acting on the instructions of the Majority Creditors.” 

  

	2.	Amendments to Clause 7.7 (Cash replenishment restrictions) 

  

	 	(A)	Paragraph (ii) of Clause 7.7(c) shall be amended by deleting “and” at the end of the paragraph. 

  

	 	(B)	Paragraph (iii) of Clause 7.7(c) shall be amended by deleting “.” at the end of the paragraph and replacing it with “; and”. 

 

	 	(C)	A new paragraph (iv) shall be inserted in Clause 7.7(c) after paragraph (iii) as follows: 

“(iv) notwithstanding the provisions of sub paragraph (ii) above, with effect from the Amendment Date, the aggregate limit of the
Subsequent Cash Replenishment Basket shall be re-set to $1,000,000,000, where “Amendment Date” shall mean the date amendments made to this Agreement pursuant to an amendment agreement dated 16 October 2013 become effective.” 

 

	3.	Amendments to Clause 21.1 (Financial definitions) 

  

	 	(A)	The definition of “Debt” in Clause 21.1 (Financial definitions) shall be amended as follows: 

  

	 	(i)	by deleting “and” at the end of paragraph (v); 

  
 7 

	 	(ii)	by deleting “.” at the end of paragraph (vi) and replacing it with “; and”; and 

  

	 	(iii)	by inserting a new paragraph (vii) after paragraph (vi) as follows: 

  

	 	    	“(vii) the Spanish Combination Termination Mechanism is not Debt.” 

  

	 	(B)	The definition of “Material Disposal” in Clause 21.1 (Financial definitions) shall be amended by inserting the words “and the Spanish Combination” directly before the full stop at the end of
the definition. 

  
 8 

 SIGNATURES 

The Parent 
 CEMEX, S.A.B. de C.V. (for itself and as
agent on behalf of each Obligor) 
  

									
	By:	 	/s/ Hector Jose Vela Dib	 		 		 	Hector Jose Vela Dib

 The Agent 
 CITIBANK
INTERNATIONAL PLC (for itself and as agent on behalf of the Finance Parties) 
  

									
	By:	 	/s/ Lisa Lee	 		 		 	Lisa Lee

  
 9

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00230-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00230-of-00352.parquet"}]]