Protocol Adherence

Protocol: ISDA 2016 Bail-in Art 55 BRRD Protocol (Dutch/French/German/Irish/Italian/Luxembourg/Spanish/UK entity-in-resolution version)

Adhering Organization: Chenavari Credit Partners LLP

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Date: January 04, 2017

 

Dear Sirs,

ISDA 2016 BAIL-IN ARTICLE 55 BRRD PROTOCOL (DUTCH/FRENCH/GERMAN/IRISH/ITALIAN/LUXEMBOURG/SPANISH/UK ENTITY-IN-RESOLUTION VERSION) - Adherence

The purpose of this letter is to confirm our adherence to the ISDA 2016 BAIL-IN ARTICLE 55 BRRD PROTOCOL (DUTCH/FRENCH/GERMAN/IRISH/ITALIAN/LUXEMBOURG/SPANISH/UK ENTITY-IN-RESOLUTION VERSION) as published by the International Swaps and Derivatives Association, Inc. on 14 July 2016 (the Protocol). This letter constitutes, as between each otherAdhering Party and us, an Adherence Letter as referred to in the Protocol. The definitions and provisions contained in the Protocol are incorporated into this Adherence Letter, which will supplement and form part of each Protocol Covered Agreement between us and each other Adhering Party.

1. Specified Terms

As between each other Adhering Party and us, the amendments in the Attachment to the Protocol shall apply to each Protocol Covered Agreement to which we are a party in accordance with the terms of theProtocol and this Adherence Letter.

2. Appointment as Agent and Release

We hereby appoint ISDA as our agent for the limited purposes of the Protocol and accordingly we waive any rights and hereby release ISDA from any claims, actions or causes of action whatsoever (whether in contract, tort or otherwise) arising out of or in any way relating to this Adherence Letter or our adherence to theProtocol or any actions contemplated as being required by ISDA.

3. Payment

Each Adhering Party must submit a one-time fee of U.S. $500 to ISDA at or before the submission of this Adherence Letter.

4. Contact Details

Our contact details for purposes of this Adherence Letter are:

CONTACT INFORMATION PROVIDED BY REQUEST ONLY
Contact Us

We consent to the publication of a conformed copy of this letter by ISDA and to the disclosure by ISDA of the contents of this letter.

Chenavari Credit Partners LLP
ODPJHX88REWAR2291J70


BY:

CONTACT INFORMATION PROVIDED BY REQUEST ONLY
Contact Us
Appendix:
Chenavari Credit Trading A Limited
5493003C72XVYQNOOB34
Chenavari Credit Trading D Limited
549300ZO6QN6VI3OBH48
Chenavari Credit Trading MS2 Limited
549300191PD9IMRY5B90
Chenavari Credit Trading L Limited
549300IPOIJJ25YL1L21
Chenavari Credit Trading SF Limited
549300C18UDXHUCDN877
Chenavari Real Estate Trading Limited
549300EKP0D2OICCH868
Chenavari Dynamic Credit Cycle Fund Limited
5493001QU83327FIZ032
Chenavari European Structured Credit Master Fund LP
549300JWLNX7BTLL5I74
Chenavari European Opportunistic Credit Master Fund LP
5493008NALHJ8TMIC008
Chenavari European Opportunistic Credit Master Fund II LP
549300R8KECK2KLTTX24
CIM SG European Opportunities Fund LP
549300H2NHH2VL8U5315
CIM SG Trade Finance Opportunities LP
549300GTV82CBKESP637
Chenavari Capital Solutions Limited
549300VNT7SHN8CMM106
Toro Limited
549300POOPYI3IQZNS35
Chenavari European Deleveraging Opportunities Fund LP
549300Y04FPE5CQOO834
Chenavari European Deleveraging Opportunities Fund II LP
549300F1XVZC8MWHJU70
Chenavari European Private Debt Opportunities Fund SCS SICAV - SIF
5493007977KYCS244075
Chenavari Real Estate II Fund
549300QH73IR7JSKXU43