Document:

Form of Medium-Term Notes, Series K

 Exhibit 4.1 

[Face of Note] 

Unless this certificate is presented by an authorized representative of The Depository Trust Company, a New York corporation
(“DTC”), to the Company or its agent for registration of transfer, exchange or payment, and any certificate issued is registered in the name of Cede & Co. or in such other name as requested by an authorized representative
of DTC (and any payment is made to Cede & Co. or such other entity as is requested by an authorized representative of DTC), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL inasmuch as the
registered owner hereof, Cede & Co., has an interest herein. 
  

	 CUSIP NO. 94986R5E7 
	
FACE AMOUNT: $                   
          

 REGISTERED NO.      

WELLS FARGO & COMPANY 

MEDIUM-TERM NOTE, SERIES K 

Due Nine Months or More From Date of Issue 

Principal at Risk Securities Linked to the Lowest Performing of the Russell 2000®
Index 
 and the iShares® MSCI EAFE ETF due October 3, 2018 

WELLS FARGO & COMPANY, a corporation duly organized and existing under the laws of the State of Delaware (hereinafter
called the “Company,” which term includes any successor corporation under the Indenture hereinafter referred to), for value received, hereby promises to pay to CEDE & Co., or registered assigns, an amount equal to the
Redemption Amount (as defined below) on the Stated Maturity Date (as defined below), unless this Security is automatically called prior to the Stated Maturity Date as provided below under “Automatic Call,” and to pay interest on the Face
Amount of this Security (each, a “Coupon Payment”) from April 3, 2017 or from the most recent Coupon Payment Date (as defined below) to which a Coupon Payment has been paid or duly provided for, as the case may be, at the rate
of 5.80% per annum, payable on each Coupon Payment Date, until the earlier of (i) Stated Maturity Date and (ii) if this Security is automatically called prior to the Stated Maturity Date, the Call Settlement Date (as defined below).
Coupon Payments shall be calculated on the basis of a year of 360 days with twelve 30 day months. The Coupon Payments so payable, and punctually paid or duly provided for, on any Coupon Payment Date will, as provided in the Indenture, be paid to the
Person in whose name this Security (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such Coupon Payment Date; provided that the Coupon Payment payable on the Stated Maturity Date shall be
paid to the Person to whom the Redemption Amount is paid. The “Regular Record Date” for a Coupon Payment Date shall be the date one Business Day (as defined below) prior to such Coupon Payment Date. The “Initial Stated
Maturity Date” shall be October 3, 2018. If the Final Calculation Day (as defined below) is not postponed, the Initial Stated Maturity Date will be the “Stated Maturity Date.” If the Final Calculation Day is postponed,
the “Stated Maturity Date” shall be the later of (i) the Initial 

 
Stated Maturity Date and (ii) the third Business Day after the last Final Calculation Day as postponed. “Business Day” shall mean a day, other than a Saturday or Sunday,
that is neither a legal holiday nor a day on which banking institutions are authorized or required by law or regulation to close in New York, New York. 

“Face Amount” shall mean, when used with respect to this Security, the amount set forth on the face of this
Security as its “Face Amount.” 
 Any Coupon Payment not punctually paid or duly provided for will forthwith cease
to be payable to the Holder on such Regular Record Date and may either be paid to the Person in whose name this Security (or one or more Predecessor Securities) is registered at the close of business on a Special Record Date for the payment of such
Defaulted Interest to be fixed by the Trustee, notice whereof shall be given to Holders of Securities of this series not less than 10 days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent
with the requirements of any securities exchange on which the Securities of this series may be listed, and upon such notice as may be required by such exchange, all as more fully provided in the Indenture. 

All amounts payable on this Security shall be payable in such coin or currency of the United States of America as at the time
of payment is legal tender for payment of public and private debts. Coupon Payments on this Security will be made in immediately available funds at the office or agency of the Company maintained for that purpose in the City of Minneapolis, Minnesota
and at any other office or agency maintained by the Company for such purpose; provided, however, that, at the option of the Company, payment of any Coupon Payment may be paid by check mailed to the Person entitled thereto at such Person’s last
address as it appears in the Security Register or by wire transfer to such account as may have been designated by such Person. Payments of any Coupon Payment and the Redemption Amount or the Call Price, as applicable, on this Security at Maturity,
will be made against presentation of this Security at the office or agency of the Company maintained for that purpose in the City of Minneapolis, Minnesota and at any other office or agency maintained by the Company for such purpose. Notwithstanding
the foregoing, for so long as this Security is a Global Security registered in the name of the Depositary, any payments on this Security will be made to the Depositary by wire transfer of immediately available funds. 

Automatic Call 

If the Closing Value (as defined below) of the Lowest Performing Market Measure (as defined below) on any of the quarterly
Call Dates (as defined below) beginning approximately six months after issuance, is greater than or equal to its Starting Value (as defined below), this Security will be automatically called by the Company, and on the related Call Settlement Date
(as defined below) the Holder hereof will receive the Call Price (as defined below) plus a final Coupon Payment. Unless the Company defaults in the payment of the Call Price plus the final Coupon Payment, this Security will cease to be outstanding
on such Call Settlement Date, no additional Coupon Payments will be payable on this Security and the Holder hereof will have no further rights under this Security after such Call Settlement Date. The Holder hereof will not receive any notice from
the Company in the event this Security is automatically called pursuant to the terms hereof. The “Call Price” is equal to the Face Amount of this Security. 

  
 2 

 Definitions Relating to Redemption Amount, the Call Price and Coupon Payments 

If this Security is not automatically called prior to the Stated Maturity Date as provided above under “Automatic
Call,” the “Redemption Amount” of this Security will equal: 
  

	 	•	 	 if the Ending Value of the Lowest Performing Market Measure on the Final Calculation Day (as defined below) is
greater than or equal to its Threshold Value: the Face Amount; or 

  

	 	•	 	 if the Ending Value of the Lowest Performing Market Measure on the Final Calculation Day is less than its
Threshold Value: 

  

											
		 	Face Amount	 	 x 	 	Performance Factor of the Lowest Performing	 	 x 	 	Multiplier
		 	 	 	Market Measure on the Final Calculation Day	 	 

 All calculations with respect to the Redemption Amount will be rounded to the nearest one hundred-thousandth,
with five one-millionths rounded upward (e.g., 0.000005 would be rounded to 0.00001); and the Redemption Amount will be rounded to the nearest cent, with one-half cent rounded upward. 

“Index” shall mean the Russell 2000 Index. 

“Fund” shall mean the iShares MSCI EAFE ETF. 

“Market Measure” shall mean each of the Index and the Fund. 

The “Pricing Date” shall mean March 29, 2017. 

The “Lowest Performing Market Measure” for any Call Date and for the Final Calculation Day will be the Market
Measure with the lowest Performance Factor on that date (as such date may be postponed for one or both Market Measures as provided herein). 

The “Performance Factor” with respect to a Market Measure on any Call Date and on the Final Calculation Day,
is its Closing Value on such date divided by its Starting Value (expressed as a percentage). 
 The “Closing
Value” with respect to the Index on any Trading Day is its Closing Level on that Trading Day; and with respect to the Fund on any Trading Day is its Fund Closing Price on that Trading Day. 

The “Closing Level” of the Index on any Trading Day means the official closing level of the Index reported by
the Index Sponsor on such Trading Day, as obtained by the Calculation Agent on such Trading Day from the licensed third-party market data vendor contracted by the Calculation Agent at such time; in particular, taking into account the decimal
precision and/or rounding convention employed by such licensed third-party market data vendor on such date, subject to the provisions set forth below under “Discontinuance of the Index; Alteration of Method of Calculation” and “Market
Disruption Events.” 

  
 3 

 The “Fund Closing Price” with respect to the Fund on any Trading
Day means the product of (i) the Closing Price of one share of the Fund (or one unit of any other security for which a Fund Closing Price must be determined) on such Trading Day and (ii) the Adjustment Factor applicable to the Fund on such
Trading Day. 
 The “Closing Price” with respect to a share of the Fund (or one unit of any other security
for which a Closing Price must be determined) on any Trading Day means the price, at the scheduled weekday closing time, without regard to after hours or any other trading outside the regular trading session hours, of the share on the principal
United States securities exchange registered under the Securities Exchange Act of 1934, as amended, on which the share (or any such other security) is listed or admitted to trading. 

The “Adjustment Factor” means, with respect to a share of the Fund (or one unit of any other security for
which a Fund Closing Price must be determined), 1.0, subject to adjustment in the event of certain events affecting the shares of the Fund. See “Anti-dilution Adjustments Relating to the Fund; Alternate Calculation” below. 

The “Starting Value” with respect to the Russell 2000 Index is 1371.645, its Closing Value on the Pricing
Date, and with respect to the iShares MSCI EAFE ETF is $62.60, its Closing Value on the Pricing Date. 
 The “Ending
Value” of a Market Measure will be its Closing Value on the Final Calculation Day. 
 The “Threshold
Value” with respect to the Russell 2000 Index is 1097.316, which is equal to 80% of its Starting Value, and with respect to the iShares MSCI EAFE ETF is $50.08, which is equal to 80% of its Starting Value. 

“Multiplier” is equal to the Starting Value of the Lowest Performing Market Measure on the Final Calculation
Day divided by its Threshold Value. 
 “Index Sponsor” shall mean the sponsor or publisher of the Index.

 “Fund Sponsor” shall mean the sponsor of the Fund. 

The “Coupon Payment Dates” shall occur quarterly on the
3rd day of each January, April, July and October, commencing July 2017 and ending at maturity or earlier automatic call; provided that if a Coupon Payment Date is not a Business Day, the
Coupon Payment will be made on the next Business Day; provided further that if a Call Date is postponed, the Coupon Payment to be made on the Coupon Payment Date immediately following that Call Date will be made on the date that is three
Business Days after that Call Date as postponed. If any Coupon Payment is made on a day after the scheduled Coupon Payment Date, interest on that payment will not accrue during the period from and after the scheduled Coupon Payment Date. 

The “Call Dates” shall occur quarterly on the third Business Day prior to each Coupon Payment Date scheduled
to occur from October 2017 to July 2018, as such Call Date may be postponed as provided herein. 

  
 4 

 The “Call Settlement Date” for a Call Date shall be the Coupon
Payment Date immediately following the applicable Call Date, as such Call Date may be postponed as provided herein. 
 The
“Calculation Days” shall be the Call Dates and the Final Calculation Day. If any Calculation Day is not a Trading Day with respect to either Market Measure, such Calculation Day for each Market Measure will be postponed to the next
succeeding day that is a Trading Day with respect to each Market Measure. A Calculation Day for a Market Measure is also subject to postponement due to the occurrence of a Market Disruption Event (as defined below) with respect to such Market
Measure on such Calculation Day. If a Market Disruption Event occurs or is continuing with respect to a Market Measure on any Calculation Day, then such Calculation Day for such Market Measure will be postponed to the first succeeding Trading Day
for such Market Measure on which a Market Disruption Event for such Market Measure has not occurred and is not continuing; however, if such first succeeding Trading Day has not occurred as of the eighth Trading Day for such Market Measure after the
originally scheduled Calculation Day, that eighth Trading Day shall be deemed to be the Calculation Day for such Market Measure. If a Calculation Day has been postponed eight Trading Days for a Market Measure after the originally scheduled
Calculation Day and a Market Disruption Event occurs or is continuing with respect to such Market Measure on such eighth Trading Day, the Calculation Agent will determine the Closing Value of such Market Measure on such eighth Trading Day
(i) in the case of the Index, in accordance with the formula for and method of calculating the Closing Level of the Index last in effect prior to commencement of the Market Disruption Event, using the closing price (or, with respect to any
relevant security, if a Market Disruption Event has occurred with respect to such security, its good faith estimate of the value of such security at the Scheduled Closing Time of the Relevant Stock Exchange for such security or, if earlier, the
actual closing time of the regular trading session of such Relevant Stock Exchange) on such date of each security included in the Index and (ii) in the case of the Fund, based on its good faith estimate of the value of the shares (or other
applicable securities) of the Fund as of the close of trading on such date. As used in clause (i) of the immediately preceding sentence, “closing price” means, with respect to any security on any date, the Relevant Stock
Exchange traded or quoted price of such security as of the Scheduled Closing Time of the Relevant Stock Exchange for such security or, if earlier, the actual closing time of the regular trading session of such Relevant Stock Exchange.
Notwithstanding the postponement of a Calculation Day for one Market Measure due to a Market Disruption Event with respect to such Market Measure on such Calculation Day, the originally scheduled Calculation Day will remain the Calculation Day for
the other Market Measure if such other Market Measure is not affected by a Market Disruption Event on such day. 
 The
“Final Calculation Day” is September 28, 2018, subject to postponement as provided herein. 

“Calculation Agent Agreement” shall mean the Calculation Agent Agreement dated as of March 18, 2015
between the Company and the Calculation Agent, as amended from time to time. 
 “Calculation Agent” shall
mean the Person that has entered into the Calculation Agent Agreement with the Company providing for, among other things, the determination of whether 

  
 5 

 
this Security will be automatically called prior to stated maturity, the Call Price, if any, and the Redemption Amount, if any, which term shall, unless the context otherwise requires, include
its successors under such Calculation Agent Agreement. The initial Calculation Agent shall be Wells Fargo Securities, LLC. Pursuant to the Calculation Agent Agreement, the Company may appoint a different Calculation Agent from time to time after the
initial issuance of this Security without the consent of the Holder of this Security and without notifying the Holder of this Security. 
 Certain
Definitions 
 A “Trading Day” with respect to the Index means a day, as determined by the Calculation
Agent, on which (i) the Relevant Stock Exchanges with respect to each security underlying the Index are scheduled to be open for trading for their respective regular trading sessions and (ii) each Related Futures or Options Exchange is
scheduled to be open for trading for its regular trading session. The “Relevant Stock Exchange” for any security underlying the Index means the primary exchange or quotation system on which such security is traded, as determined by
the Calculation Agent. The “Related Futures or Options Exchange” for the Index means an exchange or quotation system where trading has a material effect (as determined by the Calculation Agent) on the overall market for futures or
options contracts relating to the Index. 
 A “Trading Day” with respect to the Fund means a day, as
determined by the Calculation Agent, on which the Relevant Stock Exchange and each Related Futures or Options Exchange with respect to the Fund are scheduled to be open for trading for their respective regular trading sessions. The “Relevant
Stock Exchange” for the Fund means the primary exchange or quotation system on which shares (or other applicable securities) of the Fund are traded, as determined by the Calculation Agent. The “Related Futures or Options
Exchange” for the Fund means each exchange or quotation system where trading has a material effect (as determined by the Calculation Agent) on the overall market for futures or options contracts relating to the Fund. 

Discontinuance Of The Index; Alteration Of Method Of Calculation 

If the Index Sponsor discontinues publication of the Index, and the Index Sponsor or another entity publishes a successor or
substitute equity index that the Calculation Agent determines, in its sole discretion, to be comparable to the Index (a “Successor Equity Index”), then, upon the Calculation Agent’s notification of that determination to the
Trustee and the Company, the Calculation Agent will substitute the Successor Equity Index as calculated by the relevant Index Sponsor or any other entity for purposes of calculating the Closing Value of the Index on any date of determination. Upon
any selection by the Calculation Agent of a Successor Equity Index, the Company will cause notice to be given to the Holder of this Security. 

In the event that the Index Sponsor discontinues publication of the Index prior to, and the discontinuance is continuing on, a
Calculation Day and the Calculation Agent determines that no Successor Equity Index is available at such time, the Calculation Agent will calculate a substitute Closing Level for the Index in accordance with the formula for and method of calculating
the Index last in effect prior to the discontinuance, but using only those securities that comprised the Index immediately prior to that discontinuance. If a Successor Equity Index is selected or the Calculation Agent calculates a level as a
substitute for the Index, the Successor 

  
 6 

 
Equity Index or level will be used as a substitute for the Index for all purposes, including the purpose of determining whether a Market Disruption Event exists. 

If on a Calculation Day the Index Sponsor fails to calculate and announce the level of the Index, the Calculation Agent
will calculate a substitute Closing Level of the Index in accordance with the formula for and method of calculating the Index last in effect prior to the failure, but using only those securities that comprised the Index immediately prior to that
failure; provided that, if a Market Disruption Event occurs or is continuing on such day with respect to the Index, then the provisions set forth above under the definition of “Calculation Days” shall apply in lieu of the
foregoing. 
 If at any time the Index Sponsor makes a material change in the formula for or the method of
calculating the Index, or in any other way materially modifies the Index (other than a modification prescribed in that formula or method to maintain the Index in the event of changes in constituent stock and capitalization and other routine events),
then, from and after that time, the Calculation Agent will, at the close of business in New York, New York, on each date that the Closing Level of the Index is to be calculated, calculate a substitute Closing Level of the Index in accordance with
the formula for and method of calculating the Index last in effect prior to the change, but using only those securities that comprised the Index immediately prior to that change. Accordingly, if the method of calculating the Index is modified so
that the level of the Index is a fraction or a multiple of what it would have been if it had not been modified, then the Calculation Agent will adjust the Index in order to arrive at a level of the Index as if it had not been modified. 

Anti-dilution Adjustments Relating To The Fund; Alternate Calculation 

Anti-dilution Adjustments 

The Calculation Agent will adjust the Adjustment Factor with respect to the Fund as specified below if any of the events
specified below occurs with respect to the Fund and the effective date or ex-dividend date, as applicable, for such event is after the Pricing Date and on or prior to the Final Calculation Day. 

The adjustments specified below do not cover all events that could affect the Fund. The Calculation Agent may, in its sole
discretion, make additional adjustments to any terms of this Security upon the occurrence of other events that affect or could potentially affect the market price of, or shareholder rights in, the Fund, with a view to offsetting, to the extent
practical, any such change, and preserving the relative investment risks of this Security. In addition, the Calculation Agent may, in its sole discretion, make adjustments or a series of adjustments that differ from those described herein if the
Calculation Agent determines that such adjustments do not properly reflect the economic consequences of the events specified herein or would not preserve the relative investment risks of this Security. All determinations made by the Calculation
Agent in making any adjustments to the terms of this Security, including adjustments that are in addition to, or that differ from, those described herein, will be made in good faith and a commercially reasonable manner, with the aim of ensuring an
equitable result. In determining whether to make any adjustment to the terms of this Security, the Calculation Agent may 

  
 7 

 
consider any adjustment made by the Options Clearing Corporation or any other equity derivatives clearing organization on options contracts on the Fund. 

For any event described below, the Calculation Agent will not be required to adjust the Adjustment Factor unless the
adjustment would result in a change to the Adjustment Factor then in effect of at least 0.10%. The Adjustment Factor resulting from any adjustment will be rounded up or down, as appropriate, to the nearest one-hundred thousandth. 

 

	 	(A)	 Stock Splits and Reverse Stock Splits 

If a stock split or reverse stock split has occurred, then once such split has become effective, the Adjustment Factor will
be adjusted to equal the product of the prior Adjustment Factor and the number of securities which a holder of one share (or other applicable security) of the Fund before the effective date of such stock split or reverse stock split would have owned
or been entitled to receive immediately following the applicable effective date. 
  

	 	(B)	 Stock Dividends 

If a dividend or distribution of shares (or other applicable securities) to which this Security is linked has been made by
the Fund ratably to all holders of record of such shares (or other applicable security), then the Adjustment Factor will be adjusted on the ex-dividend date to equal the prior Adjustment Factor plus the product of the prior Adjustment Factor and the
number of shares (or other applicable security) of the Fund which a holder of one share (or other applicable security) of the Fund before the ex-dividend date would have owned or been entitled to receive immediately following that date; provided,
however, that no adjustment will be made for a distribution for which the number of securities of the Fund paid or distributed is based on a fixed cash equivalent value. 
  

	 	(C)	 Extraordinary Dividends 

If an Extraordinary Dividend (as defined below) has occurred, then the Adjustment Factor will be adjusted on the ex-dividend
date to equal the product of the prior Adjustment Factor and a fraction, the numerator of which is the Closing Price per share (or other applicable security) of the Fund on the Trading Day preceding the ex-dividend date, and the denominator of which
is the amount by which the Closing Price per share (or other applicable security) of the Fund on the Trading Day preceding the ex-dividend date exceeds the Extraordinary Dividend Amount (as defined below). 

For purposes of determining whether an Extraordinary Dividend has occurred: 

 

	 	(1)	 “Extraordinary Dividend” means any cash dividend or distribution (or portion thereof) that
the Calculation Agent determines, in its sole discretion, is extraordinary or special; and 

  
 8 

	 	(2)	 “Extraordinary Dividend Amount” with respect to an Extraordinary Dividend for the securities
of the Fund will equal the amount per share (or other applicable security) of the Fund of the applicable cash dividend or distribution that is attributable to the Extraordinary Dividend, as determined by the Calculation Agent in its sole discretion.

 A distribution on the securities of the Fund described below under the section entitled
“—Reorganization Events” below that also constitutes an Extraordinary Dividend will only cause an adjustment pursuant to that “—Reorganization Events” section. 

 

	 	(D)	 Other Distributions 

If the Fund declares or makes a distribution to all holders of the shares (or other applicable security) of the Fund of any
non-cash assets, excluding dividends or distributions described under the section entitled “—Stock Dividends” above, then the Calculation Agent may, in its sole discretion, make such adjustment (if any) to the Adjustment Factor as it
deems appropriate in the circumstances. If the Calculation Agent determines to make an adjustment pursuant to this paragraph, it will do so with a view to offsetting, to the extent practical, any change in the economic position of a holder of this
Security that results solely from the applicable event. 
  

	 	(E)	 Reorganization Events 

If the Fund, or any Successor Fund, is subject to a merger, combination, consolidation or statutory exchange of securities
with another exchange traded fund, and the Fund to which this Security is linked is not the surviving entity (a “Reorganization Event”), then, on or after the date of such event, the Calculation Agent shall, in its sole discretion,
make an adjustment to the Adjustment Factor or the method of determining the Redemption Amount or any other terms of this Security as the Calculation Agent determines appropriate to account for the economic effect on this Security of such event, and
determine the effective date of that adjustment. If the Calculation Agent determines that no adjustment that it could make will produce a commercially reasonable result, then the Calculation Agent may deem such event a Liquidation Event (as defined
below). 
 Liquidation Events 

If the Fund is de-listed, liquidated or otherwise terminated (a “Liquidation Event”), and a successor or
substitute exchange traded fund exists that the Calculation Agent determines, in its sole discretion, to be comparable to the Fund, then, upon the Calculation Agent’s notification of that determination to the Trustee and the Company, any
subsequent Fund Closing Price for the Fund will be determined by reference to the Fund Closing Price of such successor or substitute exchange traded fund (such exchange traded fund being referred to herein as a “Successor Fund”),
with such adjustments as the Calculation Agent determines are appropriate to account for the economic effect of such substitution on holder of this Security. 

  
 9 

 If the Fund undergoes a Liquidation Event prior to, and such Liquidation Event is
continuing on, the date that any Fund Closing Price of the Fund is to be determined and the Calculation Agent determines that no Successor Fund is available at such time, then the Calculation Agent will, in its discretion, calculate the Fund Closing
Price for the Fund on such date by a computation methodology that the Calculation Agent determines will as closely as reasonably possible replicate the Fund, provided that if the Calculation Agent determines in its discretion that it is not
practicable to replicate the Fund (including but not limited to the instance in which the sponsor of the index underlying the Fund discontinues publication of that index), then the Calculation Agent will calculate the Fund Closing Price for the Fund
in accordance with the formula last used to calculate such Fund Closing Price before such Liquidation Event, but using only those securities that were held by the Fund immediately prior to such Liquidation Event without any rebalancing or
substitution of such securities following such Liquidation Event. 
 If a Successor Fund is selected or the Calculation
Agent calculates the Fund Closing Price as a substitute for the Fund, such Successor Fund or Fund Closing Price will be used as a substitute for the Fund for all purposes, including for purposes of determining whether a Market Disruption Event
exists. 
 If any event is both a Reorganization Event and a Liquidation Event, such event will be treated as a
Reorganization Event for purposes of this Security unless the Calculation Agent makes the determination referenced in the last sentence of the section entitled “—Anti-dilution Adjustments—Reorganization Events” above. 

Alternate Calculation 

If at any time the method of calculating the Fund or a Successor Fund, or the related index underlying the Fund or Successor
Fund, is changed in a material respect, or if the Fund or a Successor Fund is in any other way modified so that the Fund does not, in the opinion of the Calculation Agent, fairly represent the price of the securities of the Fund or a Successor Fund
had such changes or modifications not been made, then the Calculation Agent may, at the close of business in New York City on the date that any Fund Closing Price is to be determined, make such calculations and adjustments as, in the good faith
judgment of the Calculation Agent, may be necessary in order to arrive at a Closing Price of the Fund comparable to the Fund or such Successor Fund, as the case may be, as if such changes or modifications had not been made, and calculate the Fund
Closing Price and the Redemption Amount with reference to such adjusted Closing Price of the Fund or a Successor Fund, as applicable. 
 Market
Disruption Events 
 A “Market Disruption Event” with respect to the Index means any of the
following events as determined by the Calculation Agent in its sole discretion: 
  

	 	(A)	 The occurrence or existence of a material suspension of or limitation imposed on trading by the Relevant Stock
Exchanges or otherwise relating to securities which then comprise 20% or more of the level of the Index or any Successor Equity Index at any time during the one-hour period that ends at the Close of Trading on

  
 10 

	 	 
that day, whether by reason of movements in price exceeding limits permitted by those Relevant Stock Exchanges or otherwise. 

 

	 	(B)	 The occurrence or existence of a material suspension of or limitation imposed on trading by any Related
Futures or Options Exchange or otherwise in futures or options contracts relating to the Index or any Successor Equity Index on any Related Futures or Options Exchange at any time during the one-hour period that ends at the Close of Trading on that
day, whether by reason of movements in price exceeding limits permitted by the Related Futures or Options Exchange or otherwise. 

  

	 	(C)	 The occurrence or existence of any event, other than an early closure, that materially disrupts or impairs the
ability of market participants in general to effect transactions in, or obtain market values for, securities that then comprise 20% or more of the level of the Index or any Successor Equity Index on their Relevant Stock Exchanges at any time during
the one-hour period that ends at the Close of Trading on that day. 

  

	 	(D)	 The occurrence or existence of any event, other than an early closure, that materially disrupts or impairs the
ability of market participants in general to effect transactions in, or obtain market values for, futures or options contracts relating to the Index or any Successor Equity Index on any Related Futures or Options Exchange at any time during the
one-hour period that ends at the Close of Trading on that day. 

  

	 	(E)	 The closure on any Exchange Business Day of the Relevant Stock Exchanges on which securities that then
comprise 20% or more of the level of the Index or any Successor Equity Index are traded or any Related Futures or Options Exchange with respect to the Index or any Successor Equity Index prior to its Scheduled Closing Time unless the earlier closing
time is announced by the Relevant Stock Exchange or Related Futures or Options Exchange, as applicable, at least one hour prior to the earlier of (1) the actual closing time for the regular trading session on such Relevant Stock Exchange or
Related Futures or Options Exchange, as applicable, and (2) the submission deadline for orders to be entered into the Relevant Stock Exchange or Related Futures or Options Exchange, as applicable, system for execution at such actual closing
time on that day. 

  

	 	(F)	 The Relevant Stock Exchange for any security underlying the Index or Successor Equity Index or any Related
Futures or Options Exchange with respect to the Index or Successor Equity Index fails to open for trading during its regular trading session. 

For purposes of determining whether a Market Disruption Event has occurred with respect to the Index: 

 

	 	(1)	 the relevant percentage contribution of a security to the level of the Index or any Successor Equity Index
will be based on a comparison of (x) the portion of the level of 

  
 11 

	 	 
the Index attributable to that security and (y) the overall level of the Index or Successor Equity Index, in each case immediately before the occurrence of the Market Disruption Event;

  

	 	(2)	 the “Close of Trading” on any Trading Day for the Index or any Successor Equity Index means
the Scheduled Closing Time of the Relevant Stock Exchanges with respect to the securities underlying the Index or Successor Equity Index on such Trading Day; provided that, if the actual closing time of the regular trading session of any such
Relevant Stock Exchange is earlier than its Scheduled Closing Time on such Trading Day, then (x) for purposes of clauses (A) and (C) of the definition of “Market Disruption Event” above, with respect to any security
underlying the Index or Successor Equity Index for which such Relevant Stock Exchange is its Relevant Stock Exchange, the “Close of Trading” means such actual closing time and (y) for purposes of clauses (B) and (D) of the
definition of “Market Disruption Event” above, with respect to any futures or options contract relating to the Index or Successor Equity Index, the “Close of Trading” means the latest actual closing time of the regular trading
session of any of the Relevant Stock Exchanges, but in no event later than the Scheduled Closing Time of the Relevant Stock Exchanges; 

  

	 	(3)	 the “Scheduled Closing Time” of any Relevant Stock Exchange or Related Futures or Options
Exchange on any Trading Day for the Index or any Successor Equity Index means the scheduled weekday closing time of such Relevant Stock Exchange or Related Futures or Options Exchange on such Trading Day, without regard to after hours or any other
trading outside the regular trading session hours; and 

  

	 	(4)	 an “Exchange Business Day” means any Trading Day for the Index or any Successor Equity Index
on which each Relevant Stock Exchange for the securities underlying the Index or any Successor Equity Index and each Related Futures or Options Exchange with respect to the Index or any Successor Equity Index are open for trading during their
respective regular trading sessions, notwithstanding any such Relevant Stock Exchange or Related Futures or Options Exchange closing prior to its Scheduled Closing Time. 

A “Market Disruption Event” with respect to the Fund means any of the following events as determined by the
Calculation Agent in its sole discretion: 
  

	 	(A)	 The occurrence or existence of a material suspension of or limitation imposed on trading by the Relevant Stock
Exchange or otherwise relating to the shares (or other applicable securities) of the Fund or any Successor Fund on the Relevant Stock Exchange at any time during the one-hour period that ends at the Close of Trading on such day, whether by reason of
movements in price exceeding limits permitted by such Relevant Stock Exchange or otherwise. 

  

	 	(B)	 The occurrence or existence of a material suspension of or limitation imposed on trading by any Related
Futures or Options Exchange or otherwise in futures or options contracts relating to the shares (or other applicable securities) of the Fund 

  
 12 

	 	 
or any Successor Fund on any Related Futures or Options Exchange at any time during the one-hour period that ends at the Close of Trading on that day, whether by reason of movements in price
exceeding limits permitted by the Related Futures or Options Exchange or otherwise. 

  

	 	(C)	 The occurrence or existence of any event, other than an early closure, that materially disrupts or impairs the
ability of market participants in general to effect transactions in, or obtain market values for, shares (or other applicable securities) of the Fund or any Successor Fund on the Relevant Stock Exchange at any time during the one-hour period that
ends at the Close of Trading on that day. 

  

	 	(D)	 The occurrence or existence of any event, other than an early closure, that materially disrupts or impairs the
ability of market participants in general to effect transactions in, or obtain market values for, futures or options contracts relating to shares (or other applicable securities) of the Fund or any Successor Fund on any Related Futures or Options
Exchange at any time during the one-hour period that ends at the Close of Trading on that day. 

  

	 	(E)	 The closure of the Relevant Stock Exchange or any Related Futures or Options Exchange with respect to the Fund
or any Successor Fund prior to its Scheduled Closing Time unless the earlier closing time is announced by the Relevant Stock Exchange or Related Futures or Options Exchange, as applicable, at least one hour prior to the earlier of (1) the
actual closing time for the regular trading session on such Relevant Stock Exchange or Related Futures or Options Exchange, as applicable, and (2) the submission deadline for orders to be entered into the Relevant Stock Exchange or Related
Futures or Options Exchange, as applicable, system for execution at the Close of Trading on that day. 

  

	 	(F)	 The Relevant Stock Exchange or any Related Futures or Options Exchange with respect to the Fund or any
Successor Fund fails to open for trading during its regular trading session. 

 For purposes of
determining whether a market disruption event has occurred with respect to the Fund: 
  

	 	(1)	 “Close of Trading” means the Scheduled Closing Time of the Relevant Stock Exchange with
respect to the Fund or any Successor Fund; and 

  

	 	(2)	 the “Scheduled Closing Time” of the Relevant Stock Exchange or any Related Futures or Options
Exchange on any Trading Day for the Fund or any Successor Fund means the scheduled weekday closing time of such Relevant Stock Exchange or Related Futures or Options Exchange on such Trading Day, without regard to after hours or any other trading
outside the regular trading session hours. 

  
 13 

 Calculation Agent 

The Calculation Agent will determine whether this Security will be automatically called prior to stated maturity, the Call
Price, if any, and the Redemption Amount, if any. In addition, the Calculation Agent will (i) determine if adjustments are required to the Closing Values of the Market Measures under the circumstances described in this Security, (ii) if
publication of the Index is discontinued, select a Successor Equity Index or, if no Successor Equity Index is available, determine the Closing Value of the Index under the circumstances described in this Security, (iii) if the Fund undergoes a
Liquidation Event, select a Successor Fund or, if no Successor Fund is available, determine the Closing Value of the Fund and (iv) determine whether a Market Disruption Event has occurred. 

The Company covenants that, so long as this Security is Outstanding, there shall at all times be a Calculation Agent (which
shall be a broker-dealer, bank or other financial institution) with respect to this Security. 

All determinations made by the Calculation Agent with respect to this Security will be at the sole discretion of the
Calculation Agent and, in the absence of manifest error, will be conclusive for all purposes and binding on the Company and the Holder of this Security. 

Redemption and Repayment 

This Security is not subject to repayment at the option of the Holder hereof prior to October 3, 2018. Except as set
forth above under “Automatic Call,” this Security is not subject to redemption prior to October 3, 2018. This Security is not entitled to any sinking fund. 

Acceleration 
 If
an Event of Default, as defined in the Indenture, with respect to this Security shall occur and be continuing, the Redemption Amount (calculated as set forth in the next two sentences) of this Security may be declared due and payable in the manner
and with the effect provided in the Indenture. The amount payable to the Holder hereof upon any acceleration permitted under the Indenture will be equal to the Redemption Amount hereof, calculated as provided herein, plus a portion of a final Coupon
Payment. The Redemption Amount will be calculated as though the date of acceleration was the Final Calculation Day. The final Coupon Payment will be prorated from and including the immediately preceding Coupon Payment Date to but excluding the date
of acceleration. 
  
  

Reference is hereby made to the further provisions of this Security set forth on the reverse hereof, which further provisions
shall for all purposes have the same effect as if set forth at this place. 
 Unless the certificate of authentication
hereon has been executed by the Trustee referred to on the reverse hereof by manual signature or its duly authorized agent under the Indenture referred to on the reverse hereof by manual signature, this Security shall not be entitled to any benefit
under the Indenture or be valid or obligatory for any purpose. 

  
 14 

 IN WITNESS WHEREOF, the Company has caused this instrument to be duly executed
under its corporate seal. 
 DATED:
                                 

 

					
	WELLS FARGO & COMPANY
		
	By:	 	 
		 	
		 	Its:	 	

 [SEAL] 
  

					
	Attest:	 	 
		 	
		 	Its:	 	

  

			
	 TRUSTEE’S CERTIFICATE OF

AUTHENTICATION
 This is one of the Securities of the

series designated therein described
 in the within-mentioned Indenture.

	
	 CITIBANK, N.A.,

      as Trustee

		
	By:	 	 
		 	Authorized Signature
	
	OR
	
	 WELLS FARGO BANK, N.A.,

  as Authenticating Agent for the Trustee

		
	By:	 	 
		 	Authorized Signature

  
 15 

 [Reverse of Note] 

WELLS FARGO & COMPANY 

MEDIUM-TERM NOTE, SERIES K 

Due Nine Months or More From Date of Issue 

Principal at Risk Securities Linked to the Lowest Performing of the Russell 2000®
Index 
 and the iShares® MSCI EAFE ETF due October 3, 2018 

This Security is one of a duly authorized issue of securities of the Company (herein called the
“Securities”), issued and to be issued in one or more series under an indenture dated as of July 21, 1999, as amended or supplemented from time to time (herein called the “Indenture”), between the Company and
Citibank, N.A., as Trustee (herein called the “Trustee,” which term includes any successor trustee under the Indenture), to which Indenture and all indentures supplemental thereto reference is hereby made for a statement of the
respective rights, limitations of rights, duties and immunities thereunder of the Company, the Trustee and the Holders of the Securities, and of the terms upon which the Securities are, and are to be, authenticated and delivered. This Security is
one of the series of the Securities designated as Medium-Term Notes, Series K, of the Company, which series is limited to an aggregate principal amount or face amount, as applicable, of $25,000,000,000 or the equivalent thereof in one or more
foreign or composite currencies. The amount payable on the Securities of this series may be determined by reference to the performance of one or more equity-, commodity- or currency-based indices, exchange traded funds, securities, commodities,
currencies, statistical measures of economic or financial performance, or a basket comprised of two or more of the foregoing, or any other market measure or may bear interest at a fixed rate or a floating rate. The Securities of this series may
mature at different times, be redeemable at different times or not at all, be repayable at the option of the Holder at different times or not at all and be denominated in different currencies. 

Article Sixteen of the Indenture shall not apply to this Security. 

The Securities are issuable only in registered form without coupons and will be either
(a) book-entry securities represented by one or more Global Securities recorded in the book-entry system maintained by the Depositary or (b) certificated
securities issued to and registered in the names of, the beneficial owners or their nominees. 
 The Company agrees, to the
extent permitted by law, not to voluntarily claim the benefits of any laws concerning usurious rates of interest against a Holder of this Security. 

Modification and Waivers 

The Indenture permits, with certain exceptions as therein provided, the amendment thereof and the modification of the rights
and obligations of the Company and the rights of the Holders of the Securities of each series to be affected under the Indenture at any time by the Company and the Trustee with the consent of the Holders of a majority in principal amount of the
Securities at the 

  
 16 

 
time Outstanding of all series to be affected, acting together as a class. The Indenture also contains provisions permitting the Holders of a majority in principal amount of the Securities of all
series at the time Outstanding affected by certain provisions of the Indenture, acting together as a class, on behalf of the Holders of all Securities of such series, to waive compliance by the Company with those provisions of the Indenture. Certain
past defaults under the Indenture and their consequences may be waived under the Indenture by the Holders of a majority in principal amount of the Securities of each series at the time Outstanding, on behalf of the Holders of all Securities of such
series. Solely for the purpose of determining whether any consent, waiver, notice or other action or Act to be taken or given by the Holders of Securities pursuant to the Indenture has been given or taken by the Holders of Outstanding Securities in
the requisite aggregate principal amount, the principal amount of this Security will be deemed to be equal to the amount set forth on the face hereof as the “Face Amount” hereof. Any such consent or waiver by the Holder of this Security
shall be conclusive and binding upon such Holder and upon all future Holders of this Security and of any Security issued upon the registration of transfer hereof or in exchange herefor or in lieu hereof, whether or not notation of such consent or
waiver is made upon this Security. 
 Defeasance 

Section 403 and Article Fifteen of the Indenture and the provisions of clause (ii) of Section 401(1)(B) of the
Indenture, relating to defeasance at any time of (a) the entire indebtedness on this Security and (b) certain restrictive covenants and certain Events of Default, upon compliance by the Company with certain conditions set forth therein,
shall not apply to this Security. The remaining provisions of Section 401 of the Indenture shall apply to this Security. 
 Authorized
Denominations 
 This Security is issuable only in registered form without coupons in denominations of $1,000 or any
amount in excess thereof which is an integral multiple of $1,000. 
 Registration of Transfer 

Upon due presentment for registration of transfer of this Security at the office or agency of the Company in the City of
Minneapolis, Minnesota, a new Security or Securities of this series, with the same terms as this Security, in authorized denominations for an equal aggregate Face Amount will be issued to the transferee in exchange herefor, as provided in the
Indenture and subject to the limitations provided therein and to the limitations described below, without charge except for any tax or other governmental charge imposed in connection therewith. 

This Security is exchangeable for definitive Securities in registered form only if (x) the Depositary notifies the
Company that it is unwilling or unable to continue as Depositary for this Security or if at any time the Depositary ceases to be a clearing agency registered under the Securities Exchange Act of 1934, as amended, and a successor depositary is not
appointed within 90 days after the Company receives such notice or becomes aware of such ineligibility, (y) the Company in its sole discretion determines that this Security shall be exchangeable for definitive Securities in registered form
and notifies the Trustee thereof or (z) an Event of Default with respect to the Securities represented hereby has occurred and is continuing. If this Security is exchangeable pursuant to the preceding sentence, it shall be exchangeable for
definitive Securities in registered 

  
 17 

 
form, bearing interest at the same rate, having the same date of issuance, Stated Maturity Date and other terms and of authorized denominations aggregating a like amount. 

This Security may not be transferred except as a whole by the Depositary to a nominee of the Depositary or by a nominee of the
Depositary to the Depositary or another nominee of the Depositary or by the Depositary or any such nominee to a successor of the Depositary or a nominee of such successor. Except as provided above, owners of beneficial interests in this Global
Security will not be entitled to receive physical delivery of Securities in definitive form and will not be considered the Holders hereof for any purpose under the Indenture. 

Prior to due presentment of this Security for registration of transfer, the Company, the Trustee and any agent of the Company
or the Trustee may treat the Person in whose name this Security is registered as the owner hereof for all purposes, whether or not this Security be overdue, and neither the Company, the Trustee nor any such agent shall be affected by notice to the
contrary. 
 Obligation of the Company Absolute 

No reference herein to the Indenture and no provision of this Security or the Indenture shall alter or impair the obligation
of the Company, which is absolute and unconditional, to pay the Coupon Payments and the Redemption Amount or the Call Price, as applicable, on this Security at the times, place and rate, and in the coin or currency, herein prescribed, except as
otherwise provided in this Security. 
 No Personal Recourse 

No recourse shall be had for any Coupon Payments or the Redemption Amount or the Call Price, as applicable, on this Security,
or for any claim based hereon, or otherwise in respect hereof, or based on or in respect of the Indenture or any indenture supplemental thereto, against any incorporator, stockholder, officer or director, as such, past, present or future, of the
Company or any successor corporation, whether by virtue of any constitution, statute or rule of law, or by the enforcement of any assessment or penalty or otherwise, all such liability being, by the acceptance hereof and as part of the consideration
for the issuance hereof, expressly waived and released. 
 Defined Terms 

All terms used in this Security which are defined in the Indenture shall have the meanings assigned to them in the Indenture
unless otherwise defined in this Security. 
 Governing Law 

This Security shall be governed by and construed in accordance with the law of the State of New York, without regard to
principles of conflicts of laws. 

  
 18 

 ABBREVIATIONS 

The following abbreviations, when used in the inscription on the face of this instrument, shall be construed as though they
were written out in full according to applicable laws or regulations: 
  

					
	 TEN COM
	 	  -- 
	 	 as tenants in common

			
	 TEN ENT
	 	  -- 
	 	 as tenants by the entireties

			
	 JT TEN
	 	  -- 
	 	 as joint tenants with right
 of survivorship and
not
 as tenants in common

  

									
	 UNIF GIFT MIN ACT
	 	  -- 
	 	 	 	 Custodian
	 	 
		 		 	(Cust)	 		 	(Minor)

  

	
	Under Uniform Gifts to Minors Act
	
	   

	(State)

 Additional abbreviations may also be used though not in the above list. 

FOR VALUE RECEIVED, the undersigned hereby sell(s) and transfer(s) unto 

 

	
	 Please Insert Social Security or
 Other
Identifying Number of Assignee

	
	   

  
  

 
  
  

 
 (PLEASE
PRINT OR TYPE NAME AND ADDRESS INCLUDING POSTAL ZIP CODE OF ASSIGNEE)

  
 19 

 the within Security of WELLS FARGO & COMPANY and does hereby irrevocably constitute and
appoint                                      attorney to
transfer the said Security on the books of the Company, with full power of substitution in the premises. 
 Dated:
                                     

 

	
	   

  

	
	   

 NOTICE: The signature to this assignment must correspond with the name as written upon the face of the
within instrument in every particular, without alteration or enlargement or any change whatever. 

  
 20EX-10.22

 Exhibit 10.22 

EXECUTION VERSION 

THIRD AMENDMENT TO CREDIT AGREEMENT 

This THIRD AMENDMENT TO CREDIT AGREEMENT (this “Third Amendment”) dated as of January 20, 2017, by and among Playa
Resorts Holding B.V., a Dutch private limited liability company (besloten vennootschap met beperkte aansprakelijkheid) with its corporate seat in Amsterdam, the Netherlands (the “Borrower”), Playa Hotels & Resorts
B.V., a Dutch private limited liability company (besloten vennootschap met beperkte aansprakelijkheid) with its corporate seat in Amsterdam, the Netherlands (“Holdings”), each other Guarantor party hereto, Deutsche Bank AG
New York Branch as administrative agent (in such capacity, including any successor thereto, the “Administrative Agent”) under the Loan Documents and each Lender party hereto. Unless otherwise indicated, all capitalized terms used
herein and not otherwise defined herein shall have the respective meanings provided to such terms in the Credit Agreement referred to below. 

W I T N E S S E T H : 

WHEREAS, the Borrower, Holdings, the Lenders from time to time party thereto and the Administrative Agent, among others, are parties to that
certain Credit Agreement, dated as of August 9, 2013 (as amended, restated, supplemented or otherwise modified to, but not including, the date hereof, the “Credit Agreement”); 

WHEREAS, the Borrower has informed the Lenders that Holdings intends to merge with Porto Holdco B.V. (“Holdco”), a Dutch
private limited liability company (besloten vennootschap met beperkte aansprakelijkheid) (the “Merger”), pursuant to that certain Transaction Agreement (the “Transaction Agreement”) dated as of
December 13, 2016, by and among Holdings, Pace Holdings Corp., a Cayman Islands exempted company, Holdco, and New Pace Holdings Corp., a Cayman Islands exempted company; 

WHEREAS, the consummation of the Merger may result in a Change of Control under the Credit Agreement; 

WHEREAS, a Change of Control would constitute an Event of Default under Section 8.01(j) of the Credit Agreement; 

WHEREAS, the Borrower has requested the Required Lenders under the Credit Agreement amend certain provisions of the Credit Agreement in
respect of the Merger as set forth herein; 
 WHEREAS, Section 10.01 of the Credit Agreement provides that an amendment with
respect to the Credit Agreement shall not be effective unless such amendment is signed in writing by the Required Lenders and the applicable Loan Parties; 

NOW, THEREFORE, in consideration of the promises and the agreements contained herein, the parties hereto agree as follows: 

SECTION 1. Part A Amendments to the Credit Agreement. Subject to the terms and conditions set forth herein and the occurrence of
the Third Amendment Part A Effective Date, the Credit Agreement is hereby amended as follows: 
 (a) Section 1.01 of the Credit
Agreement is hereby amended by adding the following definitions in appropriate alphabetical order: 

“Bail-In Action” means the exercise of any Write-Down and Conversion Powers by the
applicable EEA Resolution Authority in respect of any liability of an EEA Financial Institution. 

 “Bail-In Legislation” means, with
respect to any EEA Member Country implementing Article 55 of Directive 2014/59/EU of the European Parliament and of the Council of the European Union, the implementing law for such EEA Member Country from time to time which is described in the EU Bail-In Legislation Schedule. 
 “EEA Financial Institution” means (a) any credit
institution or investment firm established in any EEA Member Country which is subject to the supervision of an EEA Resolution Authority, (b) any entity established in an EEA Member Country which is a parent of an institution described in clause
(a) of this definition, or (c) any financial institution established in an EEA Member Country which is a subsidiary of an institution described in clauses (a) or (b) of this definition and is subject to consolidated supervision with
its parent. 
 “EEA Member Country” means any of the member states of the European Union, Iceland, Liechtenstein, and
Norway. 
 “EEA Resolution Authority” means any public administrative authority or any person entrusted with public
administrative authority of any EEA Member Country (including any delegee) having responsibility for the resolution of any EEA Financial Institution. 

“EU Bail-In Legislation Schedule” means the EU
Bail-In Legislation Schedule published by the Loan Market Association (or any successor person), as in effect from time to time. 

“Third Amendment” shall mean the Third Amendment to Credit Agreement, dated as of January 20, 2017, by and among the
Borrower, Holdings, the other Guarantors party thereto, the Lenders party thereto and the Administrative Agent.  

“Write-Down and Conversion Powers” means, with respect to any EEA Resolution Authority, the write-down and conversion powers
of such EEA Resolution Authority from time to time under the Bail-In Legislation for the applicable EEA Member Country, which write-down and conversion powers are described in the EU Bail-In Legislation Schedule. 
 (b) The definition of “Defaulting Lender” in
Section 1.01 of the Credit Agreement is hereby amended by inserting “or a Bail-In Action” immediately following the text “(i) become the subject of a proceeding under any Debtor
Relief Law”. 
 (c) The definition of “Eurocurrency Rate” in Section 1.01 of the Credit Agreement is
hereby amended by: 
 (i) inserting the text “(i)” immediately following the text “provided, that”
appearing therein; and (ii) inserting the text “and 
 (ii) the Eurocurrency Rate with respect to all other Loans
shall not be less than 0% per annum” immediately following the text “1.00% per annum” appearing therein. 

 (d) The definition of “Federal Funds Rate” in Section 1.01 of the
Credit Agreement is hereby amended by: 
 (i) deleting the text “and” appearing immediately after subsection
(a) thereof; and 
 (ii) inserting the text “and (c) if the Federal Funds Rate shall be less than zero, such
rate shall be deemed to be zero for purposes of this Agreement” immediately following subsection (b) thereof. 
 (e) Section
7.15(b) of the Credit Agreement is hereby amended by replacing the reference to $150,000,000 in clause (u) thereof with reference to $225,000,000. 

(f) Article X of the Credit Agreement is hereby amended by inserting the following new Section 10.25 at the end of said Article:

 “Section 10.25. Acknowledgement and Consent to Bail-In of EEA Financial Institutions.

 Notwithstanding anything to the contrary in any Loan Document or in any other agreement, arrangement or understanding among any such
parties, each party hereto acknowledges that any liability of any Lender that is an EEA Financial Institution arising under any Loan Document, to the extent such liability is unsecured, may be subject to the write-down and conversion powers of an
EEA Resolution Authority and agrees and consents to, and acknowledges and agrees to be bound by: (a) the application of any Write-Down and Conversion Powers by an EEA Resolution Authority to any such liabilities arising hereunder which may be
payable to it by any Lender that is an EEA Financial Institution; and (b) the effects of any Bail-in Action on any such liability, including, if applicable: (i) a reduction in full or in part or
cancellation of any such liability; (ii) a conversion of all, or a portion of, such liability into shares or other instruments of ownership in such EEA Financial Institution, its parent entity, or a bridge institution that may be issued to it
or otherwise conferred on it, and that such shares or other instruments of ownership will be accepted by it in lieu of any rights with respect to any such liability under this Agreement or any other Loan Document; or (iii) the variation of the
terms of such liability in connection with the exercise of the write-down and conversion powers of any EEA Resolution Authority.” 

The amendments made to the Credit Agreement in subclauses (a) through (f) of this Section 1 shall be referred to herein as
the “Part A Amendments”. 
 SECTION 2. Part B Amendments to the Credit Agreement. Subject to the terms and
conditions set forth herein and the occurrence of the Third Amendment Part B Effective Date, the Credit Agreement is hereby amended as follows: 

(a) Section 1.01 of the Credit Agreement is hereby amended by adding the following definitions in appropriate alphabetical order:

 “Approved Merger” means the merger of Holdings with and into Porto Holdco B.V., a Dutch private limited liability company
(besloten vennootschap met beperkte aansprakelijkheid) (“Holdco”) pursuant to that certain Transaction Agreement dated as of December 13, 2016, by and among Holdings, Pace Holdings Corp., a Cayman Islands exempted
company, Holdco, and New Pace Holdings Corp., a Cayman Islands exempted company. 

 “Third Amendment Part B Effective Date” has the meaning assigned to such term in
the Third Amendment.  
 (b) The definition of “Change of Control” in Section 1.01 of the Credit
Agreement is hereby amended by inserting: 
 (iii) the text “or the Approved Merger” immediately following the text
“at any time prior to a Qualified IPO” in subsection (a) thereof; 
 (iv) the text “or the Approved
Merger” immediately following the text “at any time after a Qualified IPO” in subsection (b) thereof; and 

(v) the text “(other than in connection with the Approved Merger)” immediately following the text “shall occur
in any document pertaining to the Senior Notes” in subsection (c) thereof. 
 (c) The definition of “Holdings” in
Section 1.01 of the Credit Agreement is hereby amended by amending and restating such definition as follows: 

“Holdings” has the meaning set forth in the introductory paragraph to this Agreement; provided, that following the
consummation of the Approved Merger, “Holdings” means Porto Holdco B.V., a Dutch private limited liability company (besloten vennootschap met beperkte aansprakelijkheid) or such successor thereto. 

(d) Section 2.09(c) of the Credit Agreement is hereby amended by amending and restating Section 2.09(c) as follows: 

“(c) Prepayment Premium. In connection with any Repricing Event that is consummated in respect of all or any portion of the Term
Loans on or prior to the date which is six (6) months after the Third Amendment Part B Effective Date, the Borrower shall pay to each Term Lender a fee equal to 1.0% of the aggregate principal amount of the Term Loans of such Term Lender
subject to such Repricing Event.” 
 The amendments made to the Credit Agreement in subclauses (a) through (d) of this
Section 2 shall be referred to herein as the “Part B Amendments”. 
 SECTION 3. Limited Nature of
Amendment. The provisions of this Third Amendment shall not, except as expressly provided herein, operate as a waiver of any right, power or remedy of the Administrative Agent or any Lender under any of the Loan Documents. Without limiting
the generality of the foregoing, the amendments set forth in Section 1 and Section 2 above shall be limited precisely as set forth above, and nothing herein shall be deemed (i) to constitute a waiver of compliance by the
Borrower, any Guarantor or any Restricted Subsidiary with respect to any other provision or condition of any other Loan Document, or (ii) to prejudice any right or remedy that the Administrative Agent, the Mexican Collateral Agent or any Lender
may now have or may have in the future under or in connection with any of the Loan Documents. 

 SECTION 4. Representations and Warranties. In order to induce the Lenders to enter
into this Third Amendment, the Borrower hereby represents and warrants that: 
 (a) after giving effect to each of the Part A Amendments and
the Part B Amendments under this Third Amendment, no event has occurred and is continuing, or would result from the execution and delivery of this Third Amendment, that constitutes a Default or Event of Default; 

(b) the representations and warranties of each Loan Party set forth in Article V of the Credit Agreement and in each other Loan
Document are true and correct in all material respects on and as of each of the Third Amendment Part A Effective Date and the Third Amendment Part B Effective Date, both before and after giving effect to each of the Part A Amendments and the Part B
Amendments under this Third Amendment, except to the extent such representations and warranties expressly relate to an earlier date, in which case they shall be true in all material respects as of such earlier date; provided that, any
representation and warranty that is qualified as to “materiality,” “Material Adverse Effect” or similar language shall be true and correct (after giving effect to any qualification therein) in all respects on such respective
dates; 
 (c) it and each other Loan Party has all corporate or other organizational power and authority to execute and deliver this Third
Amendment and to carry out the transactions contemplated by, and perform its obligations under the Credit Agreement, as amended by this Third Amendment (the “Amended Agreement”); 

(d) it and each other Loan Party has taken all necessary corporate or other organizational action to authorize the execution and delivery of
this Third Amendment and the performance of the Amended Agreement; 
 (e) neither the execution or delivery of this Third Amendment nor the
performance by any Loan Party of the Amended Agreement will (i) contravene the terms of any of the Organization Documents of such Loan Party; (ii) conflict with or result in any breach or contravention of, or the creation of any Lien
(other than as permitted by Section 7.01 of the Credit Agreement) under, or require any payment to be made under (A) any Contractual Obligation to which such Loan Party is a party or by which it or any of its property or assets is
bound or (B) any material order, injunction, writ or decree of any Governmental Authority or any arbitral award to which such Loan Party or its property is subject; or (iii) violate any Law; except with respect to any conflict, breach or
contravention or payment (but not creation of Lien) referred to in clauses (ii) and (iii), to the extent that such violation, conflict, breach, contravention or payment could not reasonably be expected to have a Material Adverse Effect; and

 (f) no material approval, consent, exemption, authorization, or other action by, or notice to, or filing with, any Governmental Authority
is necessary or required in connection with the execution or delivery of this Third Amendment or performance by, or enforcement against, any Loan Party of the Amended Agreement, except for (i) filings necessary to perfect the Liens on the
Collateral granted by the Loan Parties in favor of the Secured Parties, (ii) the approvals, consents, exemptions, authorizations, actions, notices and filings that have been duly obtained, taken, given or made and are in full force and effect
and (iii) those approvals, consents, exemptions, authorizations or other actions, notices or filings, the failure of which to obtain or make could not reasonably be expected to have a Material Adverse Effect. 

SECTION 5. Conditions to Effectiveness of Part A Amendments. This Third Amendment shall become effective as to the Part A
Amendments on the date (the “Third Amendment Part A Effective Date”) when each of the following conditions shall have been satisfied: 

(a) the Borrower, Holdings, the other Guarantors, the Administrative Agent and the Lenders constituting Required Lenders under the Credit
Agreement, shall have signed a counterpart of this Third Amendment (whether the same or different counterparts) and shall have delivered (including by way of facsimile or other electronic transmission) the same to White & Case LLP, 1155
Avenue of the Americas, New York, NY 10036 Attention: Samantha Seeto (e-mail address: samantha.seeto@whitecase.com); 

 (b) the Administrative Agent shall have received, by no later than January 20, 2017, for the
account of each Consenting Lender (as defined below), a consent fee payable for each Lender that has returned an executed signature page to this Third Amendment to the Administrative Agent at or prior to 12:00 pm, New York City time on
December 20, 2016 (the “Consent Deadline” and each such Lender, a “Consenting Lender”) equal to 0.10% of the sum of (x) the aggregate principal amount of Term Loans, if any, held by such Consenting Lender
as of the Consent Deadline with respect to which a consent to this Third Amendment was delivered and (y) the aggregate amount of the Revolving Credit Commitment, if any, of such Consenting Lender as of the Consent Deadline with respect to which
a consent to this Third Amendment was delivered; 
 (c) the Administrative Agent shall have been paid any other fees and expenses owing to
it pursuant to the terms of the Amended Agreement and this Third Amendment or as otherwise separately agreed in writing in connection with this Third Amendment and the related transactions; 

SECTION 6. Conditions to Effectiveness of Part B Amendments. This Third Amendment shall become effective as to the Part B
Amendments on the date (the “Third Amendment Part B Effective Date”) when each of the following conditions shall have been satisfied: 

(a) the Third Amendment Part A Effective Date shall have occurred; 

(b) the Administrative Agent shall have been paid any other fees and expenses owing to it pursuant to the terms of the Amended Agreement and
this Third Amendment or as otherwise separately agreed in writing in connection with this Third Amendment and the related transactions; 

(c) the Administrative Agent shall have received a duly executed and enforceable supplemental indenture to the indenture governing the
Borrower’s 8.000% Senior Notes due 2020 (the “Governing Indenture”), dated on or prior to the Third Amendment Part B Effective Date, which supplemental indenture shall amend the requirement to commence a change of control offer
under the Governing Indenture in connection with the Merger and the transactions related thereto; and 
 (d) the Merger shall occur on or
prior to March 31, 2017, subject to extension as set forth in the Transaction Agreement (the “Expiration Date”), provided, that the Expiration Date shall be no later than May 30, 2017. 

For the avoidance of doubt, if the Third Amendment Part B Effective Date does not occur on or prior to the Expiration Date, the Part B
Amendments in Section 2 hereof shall be deemed ineffective. 
 SECTION 7. Miscellaneous Provisions. 

(a) By executing and delivering a counterpart hereof, the Borrower and each Guarantor hereby agrees that all Loans (including, without
limitation, all Initial Term Loans) shall continue to be guaranteed and secured pursuant to and in accordance with the terms and provisions of each of the Collateral Documents and the Guaranty in accordance with the terms and provisions thereof.

 (b) Holdings and each other Guarantor: 

(i) has read this Third Amendment and consents to the terms hereof and hereby acknowledges and agrees that each of the Guaranty
and the Collateral Documents to which it is a party or otherwise is bound shall continue in full force and effect and that all of its obligations thereunder shall be valid and enforceable and shall not be impaired or limited by the execution or
effectiveness of this Third Amendment; 
 (ii) represents and warrants that all representations and warranties of such
Guarantor set forth in Article V of the Credit Agreement and in each other Loan Document are true and correct in all material respects on and as of each of the Third Amendment Part A Effective Date and Third Amendment Part B Effective Date,
both before and after giving effect to each of the Part A Amendments and the Part B Amendments under this Third Amendment, except to the extent such representations and warranties expressly relate to an earlier date, in which case they shall be true
in all material respects as of such earlier date; provided that, any representation and warranty that is qualified as to “materiality,” “Material Adverse Effect” or similar language shall be true and correct (after giving effect
to any qualification therein) in all respects on such respective dates; and 
 (iii) acknowledges and agrees that
(i) notwithstanding the conditions to effectiveness set forth in this Third Amendment, such Guarantor is not required by the terms of the Credit Agreement or any other Loan Document to consent to the amendments to the Credit Agreement effected
pursuant to this Third Amendment and (ii) nothing in this Third Amendment shall be deemed to require the consent of such Guarantor to any future amendments to the Credit Agreement. 

(c) This Third Amendment may be executed in any number of counterparts (including by way of facsimile or other electronic transmission) and by
the different parties hereto on separate counterparts, each of which counterparts when executed and delivered shall be an original, but all of which shall together constitute one and the same instrument. A complete set of counterparts shall be
lodged with the Borrower and the Administrative Agent. 
 (d) THIS THIRD AMENDMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES
HEREUNDER SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK. 
 (e) By executing and
delivering a copy hereof, the Borrower and each other Loan Party hereby (A) agrees that all Loans shall be guaranteed pursuant to the Guaranty in accordance with the terms and provisions thereof and shall be secured pursuant to the Collateral
Documents in accordance with the terms and provisions thereof, and that, notwithstanding the effectiveness of this Third Amendment, after giving effect to this Third Amendment, the Guaranty and the Liens created pursuant to the Collateral Documents
for the benefit of the Secured Parties continue to be in full force and effect on a continuous basis and (B) affirms, acknowledges and confirms all of its obligations and liabilities under the Credit Agreement and each other Loan Document to
which it is a party, in each case after giving effect to this Third Amendment, all as provided in such Loan Documents, and acknowledges and agrees that such obligations and liabilities continue in full force and effect on a continuous basis in
respect of, and to secure, the Obligations under the Credit Agreement and the other Loan Documents, in each case after giving effect to this Third Amendment. 

 (f) This Third Amendment shall constitute a “Loan Document” for purposes of the Credit
Agreement and the other Loan Documents. 
 (g) From and after the Third Amendment Part A Effective Date, all references in the Credit
Agreement and each of the other Loan Documents to the Credit Agreement shall be deemed to be references to the Credit Agreement as modified by the Part A Amendments. 

(h) From and after the Third Amendment Part B Effective Date, all references in the Credit Agreement and each of the other Loan Documents to
the Credit Agreement shall be deemed to be references to the Credit Agreement as modified by the Part B Amendments. 
 [Signature Pages to
follow] 

 IN WITNESS WHEREOF, each of the parties hereto has caused a counterpart of this Third Amendment to
be duly executed and delivered by the parties hereto as of the date first above written. 
  

			
	PLAYA RESORTS HOLDING B.V., as Borrower
		
	By:	 	 /s/ Bruce D. Wardinski

		 	  

	Name:	 	Bruce D. Wardinski
	Title:	 	Authorized Person
	
	 PLAYA HOTELS & RESORTS B.V., as

Holdings

		
	By:	 	 /s/ Bruce D. Wardinski

		 	  

	Name:	 	Bruce D. Wardinski
	Title:	 	Executive Director
	
	PLAYA H&R HOLDINGS B.V., as Guarantor
		
	By:	 	/s/ Bruce D. Wardinski
		 	  

	Name:	 	Bruce D. Wardinski
	Title:	 	Authorized Person
	
	HOTEL GRAN PORTO REAL B.V., as Guarantor
		
	By:	 	 /s/ Bruce D. Wardinski

		 	  

	Name:	 	Bruce D. Wardinski
	Title:	 	Authorized Person
	
	HOTEL ROYAL CANCUN B.V., as Guarantor
		
	By:	 	 /s/ Bruce D. Wardinski

		 	  

	Name:	 	Bruce D. Wardinski
	Title:	 	Authorized Person
	
	HOTEL GRAN CARIBE REAL B.V., as Guarantor
		
	By:	 	 /s/ Bruce D. Wardinski

		 	  

	Name:	 	Bruce D. Wardinski
	Title:	 	Authorized Person

  
 [Signature Page to
Playa Resorts - Third Amendment] 

 
			
	HOTEL ROYAL PLAYA DEL CARMEN B.V., as Guarantor
		
	By:	 	 /s/ Bruce D. Wardinski

		 	  

	Name:	 	Bruce D. Wardinski
	Title:	 	Authorized Person
	
	PLAYA RIVIERA MAYA B.V., as Guarantor
		
	By:	 	 /s/ Bruce D. Wardinski

		 	  

	Name:	 	Bruce D. Wardinski
	Title:	 	Authorized Person
	
	PLAYA CABOS B.V., as Guarantor
		
	By:	 	 /s/ Bruce D. Wardinski

		 	  

	Name:	 	Bruce D. Wardinski
	Title:	 	Authorized Person
	
	PLAYA ROMANA B.V., as Guarantor
		
	By:	 	 /s/ Bruce D. Wardinski

		 	  

	Name:	 	Bruce D. Wardinski
	Title:	 	Authorized Person
	
	 PLAYA PUNTA CANA HOLDING B.V., as

Guarantor

		
	By:	 	 /s/ Bruce D. Wardinski

		 	  

	Name:	 	Bruce D. Wardinski
	Title:	 	Authorized Person
	
	PLAYA ROMANA MAR B.V., as Guarantor
		
	By:	 	 /s/ Bruce D. Wardinski

		 	  

	Name:	 	Bruce D. Wardinski
	Title:	 	Authorized Person

  
 [Signature Page to
Playa Resorts - Third Amendment] 

 
			
	PLAYA CANA B.V., as Guarantor
		
	By:	 	 /s/ Bruce D. Wardinski

		 	  

	Name:	 	Bruce D. Wardinski
	Title:	 	Authorized Person
	
	 ROSE HALL JAMAICA RESORT B.V., as

Guarantor

		
	By:	 	 /s/ Bruce D. Wardinski

		 	  

	Name:	 	Bruce D. Wardinski
	Title:	 	Authorized Person
	
	PLAYA GRAN, S. DE R.L. DE C.V., as Guarantor
		
	By:	 	 /s/ Bruce D. Wardinski

		 	  

	Name:	 	Bruce D. Wardinski
	Title:	 	Authorized Person
	
	GRAN DESIGN & FACTORY, S. DE R.L. DE C.V., as Guarantor
		
	By:	 	 /s/ Bruce D. Wardinski

		 	  

	Name:	 	Bruce D. Wardinski
	Title:	 	Authorized Person
	
	 DESARROLLOS GCR, S. DE R.L. DE C.V., as

Guarantor

		
	By:	 	 /s/ Bruce D. Wardinski

		 	  

	Name:	 	Bruce D. Wardinski
	Title:	 	Authorized Person
	
	INMOBILIARIA Y PROYECTOS TRPLAYA, S. DE R.L. DE C.V., as Guarantor
		
	By:	 	 /s/ Bruce D. Wardinski

		 	  

	Name:	 	Bruce D. Wardinski
	Title:	 	Authorized Person

  
 [Signature Page to
Playa Resorts - Third Amendment] 

 
			
	PLAYA RMAYA ONE, S. DE R.L. DE C.V., as Guarantor
		
	By:	 	 /s/ Bruce D. Wardinski

		 	  

	Name:	 	Bruce D. Wardinski
	Title:	 	Authorized Person
	
	PLAYA CABOS BAJA, S. DE R.L. DE C.V., as Guarantor
		
	By:	 	 /s/ Bruce D. Wardinski

		 	  

	Name:	 	Bruce D. Wardinski
	Title:	 	Authorized Person
	
	HOTEL CAPRI CARIBE, S. DE R.L. DE C.V., as Guarantor
		
	By:	 	 /s/ Bruce D. Wardinski

		 	  

	Name:	 	Bruce D. Wardinski
	Title:	 	Authorized Person
	
	CAMERON DEL CARIBE, S. DE R.L. DE C.V., as Guarantor
		
	By:	 	 /s/ Bruce D. Wardinski

		 	  

	Name:	 	Bruce D. Wardinski
	Title:	 	Authorized Person
	
	CAMERON DEL PACIFICO, S. DE R.L. DE C.V., as Guarantor
		
	By:	 	 /s/ Bruce D. Wardinski

		 	  

	Name:	 	Bruce D. Wardinski
	Title:	 	Authorized Person
	
	BD REAL RESORTS, S. DE R.L. DE C.V., as Guarantor
		
	By:	 	 /s/ Bruce D. Wardinski

		 	  

	Name:	 	Bruce D. Wardinski
	Title:	 	Authorized Person

  
 [Signature Page to
Playa Resorts - Third Amendment] 

 
			
	PLAYA HALL JAMAICAN RESORT LIMITED, as Guarantor
		
	By:	 	 /s/ Bruce D. Wardinski

		 	  

	Name:	 	Bruce D. Wardinski
	Title:	 	Sole Director
	
	 HOTEL GRAN CARIBE REAL, S. DE R.L. DE

C.V., as Guarantor

		
	By:	 	 /s/ Bruce D. Wardinski

		 	  

	Name:	 	Bruce D. Wardinski
	Title:	 	Authorized Person
	
	PERFECT TOURS N.V., as Guarantor
		
	By:	 	 /s/ Bruce D. Wardinski

		 	  

	Name:	 	Bruce D. Wardinski
	Title:	 	Sole Managing Director
	
	IC SALES LLC, as Guarantor
		
	By:	 	 /s/ Bruce D. Wardinski

		 	  

	Name:	 	Bruce D. Wardinski
	Title:	 	Sole Manager
	
	INVERSIONES VILAZUL S.A.S., as Guarantor
		
	By:	 	 /s/ Bruce D. Wardinski

		 	  

	 Name:
 Title:
	 	 Bruce D. Wardinski
 Sole
President-Administrator

	
	PLAYA CAPRI RESORT B.V., as Guarantor
		
	By:	 	 /s/ Bruce D. Wardinski

		 	  

	Name:	 	Bruce D. Wardinski
	Title:	 	Authorized Person

  
 [Signature Page to
Playa Resorts - Third Amendment] 

 
			
	PLAYA PUERTO VALLARTA RESORT B.V., as Guarantor
		
	By:	 	 /s/ Bruce D. Wardinski

		 	  

	Name:	 	Bruce D. Wardinski
	Title:	 	Authorized Person
	
	 PLAYA PUNTA CANCUN RESORT B.V., as

Guarantor

		
	By:	 	/s/ Bruce D. Wardinski
		 	  

	Name:	 	Bruce D. Wardinski
	Title:	 	Authorized Person

  
 [Signature Page to
Playa Resorts - Third Amendment] 

 
					
	DEUTSCHE BANK AG NEW YORK BRANCH, as Administrative Agent and as a Lender
		
	By:	 	 /s/ Peter Cucchiara

		 	  

		 	Name:	 	Peter Cucchiara
		 	Title:	 	Vice President
		
	By:	 	/s/ Benjamin Souh
		 	  

		 	Name:	 	Benjamin Souh
		 	Title:	 	Vice President

  
 [Signature Page to
Playa Resorts - Third Amendment] 

 
					
	 Eaton Vance Bank Loan Fund A Series Trust of

Multi Manager Global Investment Trust
 as a
Lender

	 BY: Eaton Vance Management as Investment

Advisor

		
	By:	 	 /s/ Michael Brotthof

		 	  

		 	Name:	 	Michael Brotthof
		 	Title:	 	Vice President
			
	By:	 		 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	 Eaton Vance Bank Loan Fund Series II A Series

Trust of Multi Manager Global Investment Trust
 as a
Lender
 By: Eaton Vance Management as Investment Advisor

		
	By:	 	/s/ Michael Brotthof
		 	  

		 	Name:	 	Michael Brotthof
		 	Title:	 	Vice President
			
	By:	 		 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	 Eaton Vance CDO VIII, Ltd.

as a Lender
 BY: Eaton Vance Management as Investment

Advisor

		
	By:	 	 /s/ Michael Brotthof

		 	  

		 	Name:	 	Michael Brotthof
		 	Title:	 	Vice President
			
	By:	 		 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	 Eaton Vance CDO X PLC

as a Lender
 BY: Eaton Vance Management as Investment

Advisor

		
	By:	 	/s/ Michael Brotthof
		 	  

		 	Name:	 	Michael Brotthof
		 	Title:	 	Vice President
			
	By:	 		 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	 Eaton Vance CLO 2013-1 LTD.

as a Lender
 BY: Eaton Vance Management

Portfolio Manager

		
	By:	 	/s/ Michael Brotthof
		 	  

		 	Name:	 	Michael Brotthof
		 	Title:	 	Vice President
			
	By:	 		 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	Eaton Vance Floating-Rate Income Plus Fund
	as a Lender
	BY: Eaton Vance Management as Investment Advisor
		
	By:	 	/s/ Michael Brotthof
		 	  

		 	Name:	 	Michael Brotthof
		 	Title:	 	Vice President
		
	By:	 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	Eaton Vance Floating-Rate Income Trust
	as a Lender
	BY: Eaton Vance Management as Investment Advisor
		
	By:	 	/s/ Michael Brotthof
		 	  

		 	Name:	 	Michael Brotthof
		 	Title:	 	Vice President
		
	By:	 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	Eaton Vance Institutional Senior Loan Fund
	as a Lender
	BY: Eaton Vance Management as Investment Advisor
		
	By:	 	/s/ Michael Brotthof
		 	  

		 	Name:	 	Michael Brotthof
		 	Title:	 	Vice President
		
	By:	 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	Eaton Vance Limited Duration Income Fund
	as a Lender
	BY: Eaton Vance Management as Investment Advisor
		
	By:	 	/s/ Michael Brotthof
		 	  

		 	Name:	 	Michael Brotthof
		 	Title:	 	Vice President
		
	By:	 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	Eaton Vance Loan Holding Limited
	as a Lender
	 BY: Eaton Vance Management
 as
Investment Manager

		
	By:	 	/s/ Michael Brotthof
		 	  

		 	Name:	 	Michael Brotthof
		 	Title:	 	Vice President
			
	By:	 		 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	Eaton Vance Senior Floating-Rate Trust
	as a Lender
	BY: Eaton Vance Management as Investment Advisor
		
	By:	 	/s/ Michael Brotthof
		 	  

		 	Name:	 	Michael Brotthof
		 	Title:	 	Vice President
		
	By:	 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	Eaton Vance Senior Income Trust
	as a Lender
	BY: Eaton Vance Management as Investment Advisor
		
	By:	 	/s/ Michael Brotthof
		 	  

		 	Name:	 	Michael Brotthof
		 	Title:	 	Vice President
		
	By:	 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	Eaton Vance Short Duration Diversified Income Fund
	as a Lender
	BY: Eaton Vance Management as Investment Advisor
		
	By:	 	/s/ Michael Brotthof
		 	  

		 	Name:	 	Michael Brotthof
		 	Title:	 	Vice President
		
	By:	 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	Eaton Vance VT Floating-Rate Income Fund
	as a Lender
	BY: Eaton Vance Management as Investment Advisor
		
	By:	 	/s/ Michael Brotthof
		 	  

		 	Name:	 	Michael Brotthof
		 	Title:	 	Vice President
		
	By:	 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	Google Inc.
	as a Lender
	BY: Eaton Vance Management as Investment Advisor
		
	By:	 	/s/ Michael Brotthof
		 	  

		 	Name:	 	Michael Brotthof
		 	Title:	 	Vice President
			
	By:	 		 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	MET Investors Series Trust -Met/Eaton Vance Floating Rate Portfolio
	as a Lender
	BY: Eaton Vance Management as Investment Sub-Advisor
		
	By:	 	/s/ Michael Brotthof
		 	  

		 	Name:	 	Michael Brotthof
		 	Title:	 	Vice President
		
	By:	 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	Pacific Select Fund Floating Rate Loan Portfolio
	as a Lender
	BY: Eaton Vance Management as Investment Sub- Advisor
		
	By:	 	/s/ Michael Brotthof
		 	  

		 	Name:	 	Michael Brotthof
		 	Title:	 	Vice President
		
	By:	 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	Senior Debt Portfolio
	as a Lender
	BY: Boston Management and Research as Investment Advisor
		
	By:	 	/s/ Michael Brotthof
		 	  

		 	Name:	 	Michael Brotthof
		 	Title:	 	Vice President
		
	By:	 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	Honeywell International Inc Master Retirement Trust
	as a Lender
		
	By:	 	/s/ Kathy News
		 	  

		 	Name:	 	Kathy News
		 	Title:	 	Senior Portfolio Manager
		
	By:	 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	Vermont Pension Investment Committee
	as a Lender
		
	By:	 	/s/ Kathy News
		 	  

		 	Name:	 	Kathy News
		 	Title:	 	Senior Portfolio Manager
		
	By:	 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	American Funds Insurance Series High-Income Bond Fund,
	as a Lender
	
	By: Capital Research and Management Company as its investment adviser
		
	By:	 	 /s/ Kristine M. Nishiyama

		 	  

		 	Name:	 	Kristine M. Nishiyama
		 	Title:	 	Authorized Signer

  
 [SIGNATURE PAGE
TO PLAYA RESORTS – THIRD AMENDMENT] 

 
					
	The Income Fund of America,
	as a Lender
	
	By: Capital Research and Management Company as its investment adviser
		
	By:	 	 /s/ Kristine M. Nishiyama

		 	  

		 	Name:	 	Kristine M. Nishiyama
		 	Title:	 	Authorized Signer

  
 [SIGNATURE PAGE
TO PLAYA RESORTS – THIRD AMENDMENT] 

 
					
	American High-Income Trust,
	as a Lender
	
	By: Capital Research and Management Company as its investment adviser
		
	By:	 	 /s/ Kristine M. Nishiyama

		 	  

		 	Name:	 	Kristine M. Nishiyama
		 	Title:	 	Authorized Signer

  
 [SIGNATURE PAGE
TO PLAYA RESORTS – THIRD AMENDMENT] 

 
			
	OZLM Funding, Ltd.,
	as a Lender
	
	By: Och-Ziff Loan Management LP, its collateral manager
	By: Och-Ziff Loan Management LLC, its general partner
		
	By:	 	 /s/ Wayne Cohen

		 	  

	Name:	 	Wayne Cohen
	Title:	 	Chief Operating Officer

  
 [SIGNATURE PAGE
TO PLAYA RESORTS – THIRD AMENDMENT] 

 
			
	OZLM Funding II, Ltd.,
	as a Lender
	
	By: Och-Ziff Loan Management LP, its collateral manager
	By: Och-Ziff Loan Management LLC, its general partner
		
	By:	 	 /s/ Wayne Cohen

		 	  

	Name:	 	Wayne Cohen
	Title:	 	Chief Operating Officer

  
 [SIGNATURE PAGE
TO PLAYA RESORTS – THIRD AMENDMENT] 

 
			
	 OZLM Funding III, Ltd.,
 as a
Lender

	
	By: Och-Ziff Loan Management LP, its collateral manager
	By: Och-Ziff Loan Management LLC, its general partner
		
	By:	 	 /s/ Wayne Cohen

		 	  

	Name:	 	Wayne Cohen
	Title:	 	Chief Operating Officer

  
 [SIGNATURE PAGE
TO PLAYA RESORTS – THIRD AMENDMENT] 

 
			
	 OZLM Funding IV, Ltd.,
 as a
Lender

	
	By: Och-Ziff Loan Management LP, its collateral manager
	By: Och-Ziff Loan Management LLC, its general partner
		
	By:	 	 /s/ Wayne Cohen

		 	  

	Name:	 	Wayne Cohen
	Title:	 	Chief Operating Officer

  
 [SIGNATURE PAGE
TO PLAYA RESORTS – THIRD AMENDMENT] 

 
			
	 OZLM Funding V, Ltd.,
 as a
Lender

	
	By: Och-Ziff Loan Management LP, its collateral manager
	By: Och-Ziff Loan Management LLC, its general partner
		
	By:	 	 /s/ Wayne Cohen

		 	  

	Name:	 	Wayne Cohen
	Title:	 	Chief Operating Officer

  
 [SIGNATURE PAGE
TO PLAYA RESORTS – THIRD AMENDMENT] 

 
					
	 ATRIUM VIII
 as a
Lender

	BY: Credit Suisse Asset Management, LLC, as portfolio manager
		
	By:	 	 /s/ Thomas Flannery

		 	  

		 	Name:	 	Thomas Flannery
		 	Title:	 	Managing Director
		
	By:	 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	 Atrium XII
 as a
Lender

	By: Credit Suisse Asset Management, LLC, as portfolio manager
		
	By:	 	/s/ Thomas Flannery
		 	  

		 	Name:	 	Thomas Flannery
		 	Title:	 	Managing Director
		
	By:	 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	 BENTHAM WHOLESALE SYNDICATED LOAN FUND

as a Lender

	By: Credit Suisse Asset Management, LLC, as agent (sub-advisor) for Challenger Investment Services Limited, the Responsible Entity for Bentham Wholesale Syndicated Loan Fund
		
	By:	 	 /s/ Thomas Flannery

		 	  

		 	Name:	 	Thomas Flannery
		 	Title:	 	Managing Director
			
	By:	 		 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	 CALIFORNIA STATE TEACHERS’ RETIREMENT SYSTEM

as a Lender

	By: Credit Suisse Asset Management, LLC, as investment manager
		
	By:	 	 /s/ Thomas Flannery

		 	  

		 	Name:	 	Thomas Flannery
		 	Title:	 	Managing Director
			
	By:	 		 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	 COPPERHILL LOAN FUND I, LLC

as a Lender

	BY: Credit Suisse Asset Management, LLC, as investment manager
		
	By:	 	 /s/ Thomas Flannery

		 	  

		 	Name:	 	Thomas Flannery
		 	Title:	 	Managing Director
			
	By:	 		 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	 CREDIT SUISSE FLOATING RATE HIGH INCOME FUND

as a Lender

	By: Credit Suisse Asset Management, LLC, as investment advisor
		
	By:	 	 /s/ Thomas Flannery

		 	  

		 	Name:	 	Thomas Flannery
		 	Title:	 	Managing Director
			
	By:	 		 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	 Credit Suisse Floating Rate Trust

as a Lender

	By: Credit Suisse Asset Management, LLC, as its investment manager
		
	By:	 	 /s/ Thomas Flannery

		 	  

		 	Name:	 	Thomas Flannery
		 	Title:	 	Managing Director
			
	By:	 		 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	 CREDIT SUISSE NOVA (LUX)
 as
a Lender

	By: Credit Suisse Asset Management, LLC or Credit Suisse Asset Management Limited, each as Co-Investment Adviser to Credit Suisse Fund Management S.A., management company for
Credit Suisse Nova (Lux)
		
	By:	 	 /s/ Thomas Flannery

		 	  

		 	Name:	 	Thomas Flannery
		 	Title:	 	Managing Director
			
	By:	 		 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	 CREDIT SUISSE SENIOR LOAN INVESTMENT UNIT TRUST (for Qualified Institutional Investors Only)

as a Lender

	BY: Credit Suisse Asset Management, LLC, as investment manager
		
	By:	 	/s/ Thomas Flannery
		 	  

		 	Name:	 	Thomas Flannery
		 	Title:	 	Managing Director
			
	By:	 		 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	 ERIE INDEMNITY COMPANY
 as a
Lender

	By: Credit Suisse Asset Management, LLC., as its investment manager
		
	By:	 	/s/ Thomas Flannery
		 	  

		 	Name:	 	Thomas Flannery
		 	Title:	 	Managing Director
			
	By:	 		 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	 ERIE INSURANCE EXCHANGE
 as a
Lender

	By: Credit Suisse Asset Management, LLC., as its investment manager for Erie Indemnity Company, as Attorney-in-Fact for Erie Insurance Exchange
		
	By:	 	/s/ Thomas Flannery
		 	  

		 	Name:	 	Thomas Flannery
		 	Title:	 	Managing Director
			
	By:	 		 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	 Google Inc.
 as a
Lender

	By: Credit Suisse Asset Management, LLC, as its investment manager
		
	By:	 	/s/ Thomas Flannery
		 	  

		 	Name:	 	Thomas Flannery
		 	Title:	 	Managing Director
			
	By:	 		 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	 Google Ireland Holdings
 as a
Lender

	By: Credit Suisse Asset Management, LLC, as investment manager
		
	By:	 	/s/ Thomas Flannery
		 	  

		 	Name:	 	Thomas Flannery
		 	Title:	 	Managing Director
			
	By:	 		 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	 MADISON PARK FUNDING VIII, LTD.

as a Lender

	By: Credit Suisse Asset Management, LLC, as portfolio manager
		
	By:	 	 /s/ Thomas Flannery

		 	  

		 	Name:	 	Thomas Flannery
		 	Title:	 	Managing Director
			
	By:	 		 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	 MADISON PARK FUNDING XIV, LTD.

as a Lender

	BY: Credit Suisse Asset Management, LLC, as portfolio manager
		
	By:	 	 /s/ Thomas Flannery

		 	  

		 	Name:	 	Thomas Flannery
		 	Title:	 	Managing Director
			
	By:	 		 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	 Madison Park Funding XIX, Ltd.

as a Lender

	By: Credit Suisse Asset Management, LLC, as collateral manager
		
	By:	 	 /s/ Thomas Flannery

		 	  

		 	Name:	 	Thomas Flannery
		 	Title:	 	Managing Director
			
	By:	 		 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	 Madison Park Funding XVI, Ltd.

as a Lender

	BY: Credit Suisse Asset Management, LLC, as portfolio manager
		
	By:	 	 /s/ Thomas Flannery

		 	  

		 	Name:	 	Thomas Flannery
		 	Title:	 	Managing Director
			
	By:	 		 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	 MADISON PARK FUNDING XVII, LTD.

as a Lender

	BY: Credit Suisse Asset Management, LLC, as portfolio manager
		
	By:	 	 /s/ Thomas Flannery

		 	Name:	 	Thomas Flannery
		 	Title:	 	Managing Director
			
	By:	 		 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	 Madison Park Funding XX, Ltd.

as a Lender

	By: Credit Suisse Asset Management, LLC, as portfolio manager
		
	By:	 	 /s/ Thomas Flannery

		 	Name:	 	Thomas Flannery
		 	Title:	 	Managing Director
			
	By:	 		 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	 PK-SSL Investment Fund Limited Partnership

as a Lender

	 BY: Credit Suisse Asset Management, LLC, as its

Investment Manager

		
	By:	 	 /s/ Thomas Flannery

		 	Name:	 	Thomas Flannery
		 	Title:	 	Managing Director
			
	By:	 		 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	 THE CITY OF NEW YORK GROUP TRUST

as a Lender

	BY: Credit Suisse Asset Management, LLC, as its manager
		
	By:	 	 /s/ Thomas Flannery

		 	Name:	 	Thomas Flannery
		 	Title:	 	Managing Director
			
	By:	 		 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	 Black Diamond CLO 2012-1 Ltd.

as a Lender

	 BY: Black Diamond CLO 2012-1 Adviser, L.L.C.

As its Portfolio Manager

		
	By:	 	 /s/ Stephen H. Deckoff

		 	Name:	 	Stephen H. Deckoff
		 	Title:	 	Managing Principal
			
	By:	 		 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	 Black Diamond CLO 2016-1 Ltd.

as a Lender

	 By: Black Diamond CLO 2016-1 Adviser, L.L.C.

As its Collateral Manager

		
	By:	 	 /s/ Stephen H. Deckoff

		 	Name:	 	Stephen H. Deckoff
		 	Title:	 	Managing Director
			
	By:	 		 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	 BlueMountain CLO 2011-1 Ltd

as a Lender

	 BY: BLUEMOUNTAIN CAPITAL

MANAGEMENT, LLC,
 Its Collateral Manager

		
	By:	 	 /s/ Meghan Fornshell

		 	Name:	 	Meghan Fornshell
		 	Title:	 	Operations Analyst
			
	By:	 		 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	 BlueMountain CLO 2012-2 Ltd

as a Lender

	 BY: BLUEMOUNTAIN CAPITAL

MANAGEMENT, LLC,
 Its Collateral Manager

		
	By:	 	 /s/ Meghan Fornshell

		 	Name:	 	Meghan Fornshell
		 	Title:	 	Operations Analyst
			
	By:	 		 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	 Bluemountain CLO 2013-1 LTD.

as a Lender

	 BY: BLUEMOUNTAIN CAPITAL

MANAGEMENT, LLC.
 ITS COLLATERAL MANAGER

		
	By:	 	 /s/ Meghan Fornshell

		 	Name:	 	Meghan Fornshell
		 	Title:	 	Operations Analyst
			
	By:	 		 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	 Bluemountain CLO 2013-2 LTD.

as a Lender

	 BY: BLUEMOUNTAIN CAPITAL

MANAGEMENT, LLC.
 ITS COLLATERAL MANAGER

		
	By:	 	 /s/ Meghan Fornshell

		 	Name:	 	Meghan Fornshell
		 	Title:	 	Operations Analyst
			
	By:	 		 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	 Bluemountain CLO 2013-4 Ltd.

as a Lender

	 BY: BLUEMOUNTAIN CAPITAL

MANAGEMENT, LLC.
 ITS COLLATERAL MANAGER

		
	By:	 	 /s/ Meghan Fornshell

		 	  

		 	Name:	 	Meghan Fornshell
		 	Title:	 	Operations Analyst
		
	By:	 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	 BlueMountain CLO 2014-2 Ltd

as a Lender

		
	By:	 	 /s/ Meghan Fornshell

		 	  

		 	Name:	 	Meghan Fornshell
		 	Title:	 	Operations Analyst
		
	By:	 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	 BlueMountain CLO 2014-3 Ltd.

as a Lender

	 By: BlueMountain Capital Management, LLC

		
	 By:
	 	 /s/ Meghan Fornshell

		 	 Name:
	 	 Meghan Fornshell

		 	 Title:
	 	 Operations Analyst

		
	 By:
	 	
		 	 Name:
	 	
		 	 Title:
	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	 BlueMountain CLO 2014-4 Ltd

as a Lender

	BY: BlueMountain Capital Management
		
	By:	 	 /s/ Meghan Fornshell

		 	Name:	 	Meghan Fornshell
		 	Title:	 	Operations Analyst
			
	By:	 		 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	 BlueMountain CLO 2015-1 Ltd

as a Lender

	 BlueMountain Capital Management, its Collateral

Manager

		
	 By:
	 	 /s/ Meghan Fornshell

		 	 Name:
	 	 Meghan Fornshell

		 	 Title:
	 	 Operations Analyst

		
	 By:
	 	
		 	 Name:
	 	
		 	 Title:
	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	 BlueMountain CLO 2015-2, Ltd.

as a Lender

	 By:
	 	 BlueMountain Capital Management, LLC

		
	 By:
	 	 /s/ Meghan Fornshell

		 	Name:	 	 Meghan Fornshell

		 	 Title:
	 	 Operations Analyst

			
	 By:
	 		 	
		 	 Name:
	 	
		 	 Title:
	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	 BlueMountain CLO 2015-3 Ltd

as a Lender

		
	 By:
	 	 /s/ Meghan Fornshell

		 	 Name:
	 	 Meghan Fornshell

		 	 Title:
	 	 Operations Analyst

			
	 By:
	 		 	
		 	 Name:
	 	
		 	 Title:
	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	 BlueMountain CLO 2015-4, Ltd.

as a Lender

	 By:
	 	 BlueMountain Capital Management, LLC

		
	 By:
	 	 /s/ Meghan Fornshell

		 	 Name:
	 	 Meghan Fornshell

		 	 Title:
	 	 Operations Analyst

			
	 By:
	 		 	
		 	 Name:
	 	
		 	 Title:
	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	 BlueMountain CLO 2016-1, Ltd.

as a Lender

	 BlueMountain Capital Management, LLC

		
	 By:
	 	 /s/ Meghan Fornshell

		 	 Name:
	 	 Meghan Fornshell

		 	 Title:
	 	 Operations Analyst

			
	 By:
	 		 	
		 	 Name:
	 	
		 	 Title:
	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	 H/2 Asset Funding 2014-1 Ltd.,

as a Lender

		
	By:	 	 /s/ Charles Essex

		 	Name:	 	Charles Essex
		 	Title:	 	Authorized Signatory
		
	[By:	 	
		 	  

		 	Name:	 	
		 	Title: ]1	 	

  

	1 	For institutions requiring more than one signatory. 

  
 [SIGNATURE PAGE
TO PLAYA RESORTS – THIRD AMENDMENT] 

 
					
	Oaktree CLO 2014-1 Ltd. 
	as a Lender

	BY: Oaktree Capital Management, L.P.
	Its: Collateral Manager
		
	By:	 	 /s/ Andrew Park

		 	Name:	 	Andrew Park
		 	Title:	 	Vice President
		
	By:	 	/s/ Armen Panossian
		 	  

		 	Name:	 	Armen Panossian
		 	Title:	 	Managing Director

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	OAKTREE EIF II SERIES B1, LTD.
	as a Lender

	By: Oaktree Capital Management, L.P.
	its: Collateral Manager
		
	By:	 	/s/ Andrew Park
		 	  

		 	Name:	 	Andrew Park
		 	Title:	 	Vice President
		
	By:	 	/s/ Armen Panossian
		 	  

		 	Name:	 	Armen Panossian
		 	Title:	 	Managing Director

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	ACE American Insurance Company
	as a Lender
	BY: T. Rowe Price Associates, Inc. as investment advisor
		
	By:	 	/s/ Brian Burns
		 	  

		 	Name:	 	Brian Burns
		 	Title:	 	Vice President
		
	By:	 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	John Hancock Funds II - Spectrum Income Fund
	as a Lender
	BY: T. Rowe Price Associates, Inc. as investment sub-advisor
		
	By:	 	/s/ Brian Burns
		 	  

		 	Name:	 	Brian Burns
		 	Title:	 	Vice President
		
	By:	 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	T. Rowe Price Floating Rate Fund, Inc.
	as a Lender
		
	By:	 	/s/ Brian Burns
		 	  

		 	Name:	 	Brian Burns
		 	Title:	 	Vice President
		
	By:	 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	T. Rowe Price Floating Rate Multi-Sector Account Portfolio
	as a Lender
		
	By:	 	 /s/ Brian Burns

		 	  

		 	Name:	 	Brian Burns
		 	Title:	 	Vice President
		
	By:	 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	T. Rowe Price Institutional Floating Rate Fund
	as a Lender
		
	By:	 	 /s/ Brian Burns

		 	  

		 	Name:	 	Brian Burns
		 	Title:	 	Vice President
		
	By:	 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

			
	City National Rochdale Fixed Income Opportunities Fund
	By:	 	Seix Investment Advisors LLC, as Subadviser
	
	RidgeWorth Funds – Seix Floating Rate High Income Fund
	By:	 	Seix Investment Advisors LLC, as Subadviser
	
	Seix Multi-Sector Absolute Return Fund L.P.
	By:	 	Seix Multi-Sector Absolute Return Fund GP LLC, in its capacity as sole general partner
	By:	 	Seix Investment Advisors LLC, its sole member

			
	
	as Lenders
		
	By:	 	 /s/ George Goudelias

		 	  

	Name:	 	George Goudelias
	Title:	 	Managing Director

  
 [SIGNATURE PAGE
TO PLAYA RESORTS – THIRD AMENDMENT] 

 
					
	Venture IX CDO, Limited
	as a Lender
	BY: its investment advisor, MJX Asset Management LLC
		
	By:	 	 /s/ Simon Yuan

		 	  

		 	Name:	 	Simon Yuan
		 	Title:	 	Director
		
	By:	 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	Venture VIII CDO, Limited
	as a Lender
	BY: its investment advisor, MJX Asset Management, LLC
		
	By:	 	 /s/ Simon Yuan

		 	  

		 	Name:	 	Simon Yuan
		 	Title:	 	Director
		
	By:	 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	Venture XVII CLO Limited
	as a Lender
	BY: its investment advisor, MJX Asset Management, LLC
		
	By:	 	 /s/ Simon Yuan

		 	  

		 	Name:	 	Simon Yuan
		 	Title:	 	Director
		
	By:	 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	Venture VI CDO Limited
	as a Lender
	BY: its investment advisor, MJX Asset Management, LLC
		
	By:	 	 /s/ Simon Yuan

		 	  

		 	Name:	 	Simon Yuan
		 	Title:	 	Director
		
	By:	 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	Venture VII CDO Limited
	as a Lender
	BY: its investment advisor, MJX Asset Management, LLC
		
	By:	 	/s/ Simon Yuan
		 	  

		 	Name:	 	Simon Yuan
		 	Title:	 	Director
		
	By:	 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	Venture X CLO, Limited
	as a Lender
	BY: its investment advisor, MJX Asset Management, LLC
		
	By:	 	/s/ Simon Yuan
		 	  

		 	Name:	 	Simon Yuan
		 	Title:	 	Director
		
	By:	 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	VENTURE XV CLO, Limited
	as a Lender
	By: its investment advisor
	MJX Asset Management LLC
		
	By:	 	/s/ Simon Yuan
		 	  

		 	Name:	 	Simon Yuan
		 	Title:	 	Director
		
	By:	 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	Venture XI CLO, Limited
	as a Lender
	BY: its investment advisor, MJX Asset Management, LLC
		
	By:	 	  
 /s/ Simon
Yuan

		 	Name:	 	Simon Yuan
		 	Title:	 	Director
		
	By:	 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
							
	 VENTURE XIV CLO, Limited
 as
a Lender

	By: its investment advisor
	MJX Asset Management LLC
		
	By:	 	  
 /s/ Simon
Yuan

		 	Name:	 	Simon Yuan
		 	Title:	 	Director
			
	By:	 		 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	VENTURE XX CLO, Limited
	as a Lender
	By:	 	its investment advisor
		 	MJX Asset Management LLC
		
	By:	 	 /s/ Simon Yuan

		 	  

		 	Name:	 	Simon Yuan
		 	Title:	 	Director
		
	By:	 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	Bank of America, N.A.,
	
	as a Lender
		
	By:	 	 /s/ Kurt L. Mathison

		 	  

		 	Name:	 	Kurt L. Mathison
		 	Title:	 	Senior Vice President
		
	[By:	 	
		 	  

		 	Name:	 	
		 	Title: ]1	 	

  

	1 	For institutions requiring more than one signatory. 

  
 [Signature Page to
Playa Resorts - Third Amendment] 

 
					
	City of New York Group Trust
	as a Lender
	BY:	 	The Comptroller of the City of New York
	By:	 	Guggenheim Partners Investment Management,
	LLC as Manager
		
	By:	 	 /s/ Kaitlin Trinh

		 	  

		 	Name:	 	Kaitlin Trinh
		 	Title:	 	Authorized Person
		
	By:	 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	NZCG Funding 2 Limited
	as a Lender
	By:	 	Guggenheim Partners Investment Management,
	LLC as Collateral Manager
		
	By:	 	 /s/ Kaitlin Trinh

		 	  

		 	Name:	 	Kaitlin Trinh
		 	Title:	 	Authorized Person
		
	By:	 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	Ballyrock CLO 2013-1 Limited
	
	By: Ballyrock Investment Advisors LLC, as Collateral Manager,
	as a Lender
		
	By:	 	 /s/ Lisa Rymut

		 	  

		 	Name:	 	Lisa Rymut
		 	Title:	 	Assistant Treasurer
		
	[By:	 	
		 	  

		 	Name:	 	
		 	Title: ]1	 	

  

	1 	For institutions requiring more than one signatory. 

  
 [SIGNATURE PAGE
TO PLAYA RESORTS – THIRD AMENDMENT] 

 
					
	Fidelity Salem Street Trust: Fidelity Strategic Real Return Fund, 
	as a Lender
		
	By:	 	 /s/ Colm Hogan

		 	  

		 	Name:	 	Colm Hogan
		 	Title:	 	Authorized Signatory
		
	[By:	 	
		 	  

		 	Name:	 	
		 	Title: ]1	 	

  

	1 	For institutions requiring more than one signatory. 

  
 [SIGNATURE PAGE
TO PLAYA RESORTS – THIRD AMENDMENT] 

 
					
	 Fidelity Securities Fund: Fidelity Series Real Estate Income Fund,

as a Lender

		
	By:	 	/s/ Colm Hogan
		 	  

		 	Name:	 	Colm Hogan
		 	Title:	 	Authorized Signatory
		
	[By:	 	
		 	  

		 	Name:	 	
		 	Title: ]1	 	

  

	1 	For institutions requiring more than one signatory. 

  
 [SIGNATURE PAGE
TO PLAYA RESORTS – THIRD AMENDMENT] 

 
					
	 Fidelity Summer Street Trust: Fidelity Series Floating Rate High Income Fund,

as a Lender

		
	By:	 	/s/ Colm Hogan
		 	  

		 	Name:	 	Colm Hogan
		 	Title:	 	Authorized Signatory
		
	[By:	 	
		 	  

		 	Name:	 	
		 	Title: ]1	 	

  

	1 	For institutions requiring more than one signatory. 

  
 [SIGNATURE PAGE
TO PLAYA RESORTS – THIRD AMENDMENT] 

 
					
	 Fidelity Advisor Series I: Fidelity Real Estate High Income Fund,

as a Lender

		
	By:	 	/s/ Colm Hogan
		 	  

		 	Name:	 	Colm Hogan
		 	Title:	 	Authorized Signatory
		
	[By:	 	  

		 	Name:	 	
		 	Title: ]1	 	

  

	1 	For institutions requiring more than one signatory. 

  
 [SIGNATURE PAGE
TO PLAYA RESORTS – THIRD AMENDMENT] 

	

					
	 Fidelity Income Fund: Fidelity Total Bond Fund,

as a Lender

		
	By:	 	/s/ Colm Hogan
		 	  

		 	Name:	 	Colm Hogan
		 	Title:	 	Authorized Signatory
		
	[By:	 	  

		 	Name:	 	
		 	Title: ]1	 	

  

	1 	For institutions requiring more than one signatory. 

  
 [SIGNATURE PAGE
TO PLAYA RESORTS – THIRD AMENDMENT] 

 
					
	 Fidelity Central Investment Portfolios LLC: Fidelity Floating Rate Central Fund,

as a Lender

		
	By:	 	/s/ Colm Hogan
		 	  

		 	Name:	 	Colm Hogan
		 	Title:	 	Authorized Signatory
		
	[By:	 	  

		 	Name:	 	
		 	Title: ]1	 	

  

	1 	For institutions requiring more than one signatory. 

  
 [SIGNATURE PAGE
TO PLAYA RESORTS – THIRD AMENDMENT] 

 
					
	 Fidelity Securities Fund: Fidelity Real Estate Income Fund,

as a Lender

		
	By:	 	 /s/ Colm Hogan

		 	  

		 	Name:	 	Colm Hogan
		 	Title:	 	Authorized Signatory
		
	[By:	 	  

		 	Name:	 	
		 	Title: ]1	 	

  

	1 	For institutions requiring more than one signatory. 

  
 [SIGNATURE PAGE
TO PLAYA RESORTS – THIRD AMENDMENT] 

 
					
	 Fidelity Advisor Series I: Fidelity Advisor Floating Rate High Income Fund,

as a Lender

		
	By:	 	 /s/ Colm Hogan

		 	  

		 	Name:	 	Colm Hogan
		 	Title:	 	Authorized Signatory
		
	[By:	 	  

		 	Name:	 	
		 	Title: ]1	 	

  

	1 	For institutions requiring more than one signatory. 

  
 [SIGNATURE PAGE
TO PLAYA RESORTS – THIRD AMENDMENT] 

 
					
	 J.P. Morgan Whitefriars Inc.

as a Lender

		
	By:	 	 /s/ Virginia R. Conway

		 	  

		 	Name:	 	Virginia R. Conway
		 	Title:	 	Attorney - in - Fact

  
 [SIGNATURE PAGE
TO PLAYA RESORTS – THIRD AMENDMENT] 

 
					
	Cavalry CLO V, Ltd.
	as a Lender
	By:	 	Bain Capital Credit, LP, as Collateral Manager
		
	By:	 	 /s/ Andrew Viens

		 	  

		 	Name:	 	Andrew Viens
		 	Title:	 	Executive Vice President
		
	By:	 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	Octagon Investment Partners XII, Ltd.
	as a Lender
	BY:	 	Octagon Credit Investors, LLC
	as Collateral Manager
		
	By:	 	  
 /s/ Kimberly
Wong Lem

		 	Name:	 	Kimberly Wong Lem
		 	Title:	 	Director of Portfolio Administration
		
	By:	 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	Octagon Investment Partners 26, Ltd.
	as a Lender
	By:	 	Octagon Credit Investors, LLC as Portfolio
	Manager
		
	By:	 	 /s/ Kimberly Wong Lem

 

		 	Name:	 	Kimberly Wong Lem
		 	Title:	 	Director of Portfolio Administration
			
	By:	 		 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	Octagon Investment Partners 27, Ltd.
	as a Lender
	By:	 	Octagon Credit Investors, LLC as Collateral
	Manager
		
	By:	 	 /s/ Kimberly Wong Lem

 

		 	Name:	 	Kimberly Wong Lem
		 	Title:	 	Director of Portfolio Administration
			
	By:	 		 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	Octagon Investment Partners XIV, Ltd.
	as a Lender
	 BY: Octagon Credit Investors, LLC

as Collateral Manager

		
	By:	 	/s/ Kimberly Wong Lem
		 	  

		 	Name:	 	Kimberly Wong Lem
		 	Title:	 	Director of Portfolio Administration
		
	By:	 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	Octagon Investment Partners XVIII, Ltd.
	as a Lender
	By:	 	 Octagon Credit Investors, LLC
 as
Collateral Manager

		
	By:	 	/s/ Kimberly Wong Lem
		 	  

		 	Name:	 	Kimberly Wong Lem
		 	Title:	 	Director of Portfolio Administration
		
	By:	 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	Octagon Investment Partners XXII, Ltd
	as a Lender
	By:	 	 Octagon Credit Investors, LLC
 as
Collateral Manager

		
	By:	 	/s/ Kimberly Wong Lem
		 	  

		 	Name:	 	Kimberly Wong Lem
		 	Title:	 	Director of Portfolio Administration
		
	By:	 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	Octagon Paul Credit Fund Series I, Ltd.
	as a Lender
	 BY: Octagon Credit Investors, LLC

as Portfolio Manager

		
	By:	 	/s/ Kimberly Wong Lem
		 	  

		 	Name:	 	Kimberly Wong Lem
		 	Title:	 	Director of Portfolio Administration
		
	By:	 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	 BSG Fund Management B.V. on behalf of the Stichting Blue Sky Active Fixed Income US Leveraged Loan Fund

as a Lender

	By THL Credit Senior Loan
	Strategies LLC, as Manager
		
	By:	 	/s/ James R. Fellows
		 	  

		 	Name:	 	James R. Fellows
		 	Title:	 	Managing Director/Co-Head
			
	By:	 		 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	ILLINOIS STATE BOARD OF INVESTMENT
	as a Lender
	BY: THL Credit Senior Loan Strategies LLC, as Investment Manager
		
	By:	 	/s/ James R. Fellows
		 	  

		 	Name:	 	James R. Fellows
		 	Title:	 	Managing Director/Co-Head
		
	By:	 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	 Russell Institutional Funds, LLC - Russell Multi- Asset Core Plus Fund

as a Lender

	BY: THL Credit Advisors LLC, as Investment Manager

		
	By:	 	/s/ James R. Fellows
		 	  

		 	Name:	 	James R. Fellows
		 	Title:	 	Managing Director/Co-Head
		
	By:	 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	 Russell Investment Company Russell Global Opportunistic Credit Fund

as a Lender

	BY: THL Credit Advisors LLC, as Investment Manager

		
	By:	 	/s/ James R. Fellows
		 	  

		 	Name:	 	James R. Fellows
		 	Title:	 	Managing Director/Co-Head
		
	By:	 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	 Russell Investment Company Russell Multi-Strategy Income Fund

as a Lender
 THL Credit Advisors LLC, as Investment
Manager

		
	By:	 	/s/ James R. Fellows
		 	  

		 	Name:	 	James R. Fellows
		 	Title:	 	Managing Director/Co-Head
		
	By:	 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	 Russell Investment Company Russell Short Duration Bond Fund

as a Lender

	BY: THL Credit Advisors LLC, as Investment Manager

		
	By:	 	/s/ James R. Fellows
		 	  

		 	Name:	 	James R. Fellows
		 	Title:	 	Managing Director/Co-Head
		
	By:	 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	Russell Investment Company Unconstrained Total Return Fund
	 as a Lender
 by THL
Credit Advisors LLC, as Investment Manager

		
	By:	 	 /s/ James R. Fellows

		 	  

		 	Name:	 	James R. Fellows
		 	Title:	 	Managing Director/Co-Head
		
	By:	 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	Russell Investments Ireland Limited on behalf of the Russell Floating Rate Fund, a subfund of Russell Qualifying Investor Alternative Investment Funds plc
	as a Lender
	BY: THL Credit Advisors LLC, as Investment Manager

		
	By:	 	 /s/ James R. Fellows

		 	  

		 	Name:	 	James R. Fellows
		 	Title:	 	Managing Director/Co-Head
		
	By:	 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	 Smithfield Foods Master Trust

as a Lender
 by THL Credit Advisors LLC,

as Investment Manager

		
	By:	 	 /s/ James R. Fellows

		 	  

		 	Name:	 	James R. Fellows
		 	Title:	 	Managing Director/Co-Head
		
	By:	 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	 THL Credit Bank Loan Select Master Fund, a Class of The THL Credit Bank Loan Select Series Trust I

as a Lender

	BY: THL Credit Senior Loan Strategies LLC, as Investment Manager

		
	By:	 	 /s/ James R. Fellows

		 	  

		 	Name:	 	James R. Fellows
		 	Title:	 	Managing Director/Co-Head
		
	By:	 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	THL Credit Wind River 2012-1 CLO Ltd.
	as a Lender
	BY: THL Credit Senior Loan Strategies LLC, as Investment Manager
		
	By:	 	 /s/ James R. Fellows

		 	  

		 	Name:	 	James R. Fellows
		 	Title:	 	Managing Director/Co-Head
		
	By:	 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	THL CREDIT WIND RIVER 2013-1 CLO LTD.
	as a Lender
	BY: THL Credit Senior Loan Strategies LLC, as Investment Manager
		
	By:	 	 /s/ James R. Fellows

		 	  

		 	Name:	 	James R. Fellows
		 	Title:	 	Managing Director/Co-Head
		
	By:	 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	THL Credit Wind River 2013-2 CLO Ltd.
	as a Lender
	 By THL Credit Advisors LLC, as Investment

Manager

		
	By:	 	  
 /s/ James R. Fellows

		 	  

		 	Name:	 	James R. Fellows
		 	Title:	 	Managing Director/Co-Head
			
	By:	 		 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT] 

 
					
	THL Credit Wind River 2014-1 CLO Ltd.
	as a Lender
	By THL Credit Advisors LLC, as Investment Manager
		
	By:	 	  
 /s/ James R. Fellows

		 	  

		 	Name:	 	James R. Fellows
		 	Title:	 	Managing Director/Co-Head
			
	By:	 		 	
		 	Name:	 	
		 	Title:	 	

  
 [SIGNATURE PAGE TO PLAYA
RESORTS – THIRD AMENDMENT]

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00269-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00269-of-00352.parquet"}]]