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<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>UNITED STATES<br />
SECURITIES AND EXCHANGE COMMISSION<br />
Washington, D.C. 20549</b></p>

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<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0in">Check the appropriate box
below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following
provisions (<span style="text-decoration: underline">see</span> General Instruction A.2. below):</p>

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communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Securities registered pursuant to Section&#160;12(b)
of the Act:</b></p>

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    <td style="padding: 0.75pt; width: 1%">&#160;</td>
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    <td style="padding: 0.75pt; width: 1%">&#160;</td>
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<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">Indicate by check mark whether
the registrant is an emerging growth company&#160;as defined in Rule 405 of the Securities Act of 1933 (&#167;230.405 of this chapter)
or Rule 12b-2 of the Securities Exchange Act of 1934 (&#167;240.12b-2 of this chapter).</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: right; background-color: white">Emerging growth company&#160;
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<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify; text-indent: 0in">If an emerging growth company,
indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial
accounting standards provided pursuant to Section 13(a) of the Exchange Act. <span style="font-family: Segoe UI Symbol,sans-serif">&#9744;</span></p>
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<td style="width: 0"></td><td style="width: 1in"><b>Item 1.01</b></td><td style="text-align: left"><b>Entry into a Material Definitive
                                            Agreement</b></td></tr></table>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><span style="letter-spacing: -0.15pt">(a)
&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span style="text-decoration: underline">JPM Revolving Credit Agreement</span></span></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><span style="letter-spacing: -0.15pt">&#160;</span></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><span style="letter-spacing: -0.15pt">On
July 16, 2021, Bunge Limited Finance Corp. (&#8220;BLFC&#8221;), a wholly owned subsidiary of Bunge Limited (&#8220;Bunge&#8221;), entered
into an unsecured U.S. $1,350,000,000 5-year Revolving Credit Agreement (the &#8220;JPM Credit Agreement&#8221;) among BLFC, as borrower,
Citibank, N.A., as syndication agent, BNP Paribas, Co&#246;peratieve Rabobank U.A., New York Branch, Mizuho Bank, Ltd., Sumitomo Mitsui
Banking Corporation and U.S. Bank National Association, as co-documentation agents, JPMorgan Chase Bank, N.A., as administrative agent,
and certain lenders party thereto (the &#8220;JPM Lenders&#8221;). The JPM Credit Agreement matures on July 16, 2026. BLFC has the option
to request an extension of the maturity date of the JPM Credit Agreement for two additional one-year periods. Each JPM Lender in its sole
discretion may agree to any such extension request. BLFC may also, from time to time, request one or more of the existing JPM Lenders
or new lenders to increase the total commitments under the JPM Credit Agreement by up to $200,000,000 pursuant to an accordion provision
set forth in the JPM Credit Agreement. The JPM Credit Agreement replaces the existing U.S. $1,100,000,000 5-year Revolving Credit Agreement,
dated as of December 14, 2018 (the &#8220;Terminated JPM Credit Agreement&#8221;), among BLFC, as borrower, Citibank, N.A. as syndication
agent, BNP Paribas, Mizuho Bank, Ltd., Sumitomo Mitsui Banking Corporation and U.S. Bank National Association, as documentation agents,
JPMorgan Chase Bank, N.A., as administrative agent, and certain lenders party thereto that was scheduled to mature on December 14, 2023,
which was terminated in accordance with its terms on July 16, 2021. No principal amounts were outstanding under the Terminated JPM Credit
Agreement on the date of termination. BLFC may use proceeds from future borrowings under the JPM Credit Agreement to fund intercompany
advances to Bunge and/or certain Bunge subsidiaries, repay outstanding pari passu indebtedness of BLFC and pay expenses incurred in connection
with the JPM Credit Agreement and any pari passu indebtedness of BLFC.</span></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><span style="letter-spacing: -0.15pt">&#160;</span></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><span style="letter-spacing: -0.15pt">Borrowings
under the JPM Credit Agreement will bear interest, at BLFC&#8217;s option, at LIBOR plus the Applicable JPM Margin (defined below) or
the alternate base rate then in effect plus the Applicable JPM Margin minus 1.00%. The margin applicable to either a LIBOR or alternate
base rate borrowing (the &#8220;Applicable JPM Margin&#8221;) will vary between 1.00% and 1.625% and be based on the higher of the senior
long-term unsecured debt rating that Moody&#8217;s Investors Service, Inc. (&#8220;Moody&#8217;s&#8221;) and Standard &amp; Poor&#8217;s
Ratings Services (&#8220;S&amp;P&#8221;) provides of (a) Bunge or (b) if Moody&#8217;s or S&amp;P, as applicable, does not provide such
a rating of Bunge, then the Bunge Master Trust or (c) if Moody&#8217;s or S&amp;P, as applicable, does not provide such a rating of Bunge
or the Bunge Master Trust, then BLFC (the &#8220;JPM Rating Level&#8221;). Amounts under the JPM Credit Agreement that remain undrawn
are subject to a commitment fee payable quarterly based on the average undrawn portion of the JPM Credit Agreement at rates ranging from
0.09% to 0.225%, varying based on the JPM Rating Level.</span></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><span style="letter-spacing: -0.15pt">&#160;</span></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><span style="letter-spacing: -0.15pt">The
JPM Credit Agreement contains certain customary representations and warranties and affirmative and negative covenants, including certain
limitations on the ability of BLFC, among other things, to incur liens, incur indebtedness, sell or transfer assets or receivables or
engage in mergers, consolidations, amalgamations or joint ventures, and customary events of default.</span></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><span style="letter-spacing: -0.15pt">&#160;</span></p>
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<p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><span style="letter-spacing: -0.15pt">The
obligations of BLFC under the JPM Credit Agreement are guaranteed by Bunge pursuant to a separate Guaranty, dated July 16, 2021 (the &#8220;BLFC-JPM
Guaranty&#8221;). The BLFC-JPM Guaranty contains certain customary representations and warranties and affirmative and negative covenants.
The BLFC-JPM Guaranty obligates Bunge to maintain a specified total consolidated currents assets to adjusted total consolidated current
liabilities ratio, a maximum consolidated adjusted net debt to consolidated adjusted capitalization ratio and a maximum secured indebtedness
to tangible assets ratio. The BLFC-JPM Guaranty also includes certain limitations on the ability of Bunge to engage in merger, consolidation
or amalgamation transactions or sell or otherwise transfer all or substantially all of its property, business or assets.</span></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><span style="letter-spacing: -0.15pt">&#160;</span></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><span style="letter-spacing: -0.15pt">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span style="text-decoration: underline">Rabobank
Revolving Credit Agreement</span></span></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><span style="letter-spacing: -0.15pt">&#160;</span></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><span style="letter-spacing: -0.15pt">On
July 16, 2021, BLFC, a wholly owned subsidiary of Bunge, entered into an unsecured U.S. $1,000,000,000 364-day Revolving Credit Agreement
(the &#8220;Rabobank Credit Agreement&#8221;) among BLFC, as borrower, Sumitomo Mitsui Banking Corporation, as syndication agent, BNP
Paribas, Citibank, N.A., Natixis, New York Branch, and U.S. Bank National Association, as co-documentation agents, Co&#246;peratieve Rabobank
U.A., New York Branch, as administrative agent (the &#8220;Administrative Agent&#8221;), and certain lenders party thereto (the &#8220;Rabobank
Lenders&#8221;). Each Rabobank Lender is required to fund all borrowing requests delivered by BLFC unless such Rabobank Lender has delivered
a declining lender notice to the Administrative Agent as of 9:00 am (New York City time) on the date such borrowing request is delivered.
The Rabobank Credit Agreement matures on July 15, 2022. BLFC may also from time to time request one or more of the existing Rabobank Lenders
or new lenders to increase the total participations under the Rabobank Credit Agreement by an aggregate amount up to $250,000,000 pursuant
to an accordion provision set forth in the Rabobank Credit Agreement. The Rabobank Credit Agreement replaces the existing U.S. $1,250,000,000
364-day Revolving Credit Agreement, dated as of October 22, 2020 (the &#8220;Terminated Rabobank Credit Agreement&#8221;), among BLFC,
as borrower, JPMorgan Chase Bank, N.A., as syndication agent, BNP Paribas, Citibank, N.A., Natixis, New York Branch, Sumitomo Mitsui Banking
Corporation and U.S. Bank National Association, as documentation agents, Co&#246;peratieve Rabobank U.A., New York Branch, as administrative
agent, and certain lenders party thereto that was scheduled to mature on October 21, 2021, which was terminated in accordance with its
terms on July 16, 2021. No principal amounts were outstanding under the Terminated Rabobank Credit Agreement on the date of termination.
BLFC may use proceeds from future borrowings under the Rabobank Credit Agreement to fund intercompany advances to Bunge and/or certain
Bunge subsidiaries, repay outstanding pari passu indebtedness of BLFC and pay expenses incurred in connection with the Rabobank Credit
Agreement and any pari passu indebtedness of BLFC.</span></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><span style="letter-spacing: -0.15pt">&#160;</span></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><span style="letter-spacing: -0.15pt">Borrowings
under the Rabobank Credit Agreement will bear interest, at BLFC&#8217;s option, at LIBOR plus the Applicable Rabobank Margin (defined
below) or at the alternate base rate then in effect plus the Applicable Rabobank Margin minus 1.00%. The margin applicable to either a
LIBOR or an alternate base rate borrowing (the &#8220;Applicable Rabobank Margin&#8221;) will vary between 0.55% and 1.00% and be based
on the higher of the senior long-term unsecured debt rating that Moody&#8217;s and S&amp;P provides of (a) Bunge, or (b) if Moody&#8217;s
or S&amp;P, as applicable, does not provide such a rating of Bunge, then the Bunge Master Trust, or (c) if Moody&#8217;s or S&amp;P, as
applicable, does not provide such a rating of Bunge or the Bunge Master Trust, then BLFC (the &#8220;Rabobank Rating Level&#8221;).</span></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><span style="letter-spacing: -0.15pt">&#160;</span></p>
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<p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><span style="letter-spacing: -0.15pt">The
Rabobank Credit Agreement contains customary representations and warranties and affirmative and negative covenants, including certain
limitations on the ability of BLFC, among other things, to incur liens, incur indebtedness, sell or transfer assets or receivables or
engage in mergers, consolidations, amalgamations or joint ventures, and customary events of default.</span></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><span style="letter-spacing: -0.15pt">&#160;</span></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><span style="letter-spacing: -0.15pt">The
obligations of BLFC under the Rabobank Credit Agreement are guaranteed by Bunge pursuant to a separate Guaranty, dated as of July 16,
2021 (the &#8220;BLFC-Rabobank Guaranty&#8221;). The BLFC-Rabobank Guaranty contains certain customary representations and warranties
and affirmative and negative covenants. The BLFC-Rabobank Guaranty obligates Bunge to maintain a total consolidated current assets to
total consolidated current liabilities ratio, a maximum consolidated adjusted net debt to consolidated adjusted capitalization ratio and
a maximum secured indebtedness to tangible assets ratio. The BLFC-Rabobank Guaranty also includes certain limitations on the ability of
Bunge to engage in merger, consolidation or amalgamation transactions or sell or otherwise transfer all or substantially all of its property,
business or assets. </span></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><span style="letter-spacing: -0.15pt">&#160;</span></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><span style="letter-spacing: -0.15pt">(c)&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span style="text-decoration: underline">Liquidity
Agreement</span></span></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><span style="letter-spacing: -0.15pt">&#160;</span></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><span style="letter-spacing: -0.15pt">On
July 16, 2021, Bunge Asset Funding Corp. (&#8220;BAFC&#8221;), a wholly owned subsidiary of Bunge, amended the terms of its existing Liquidity
Agreement (as amended, the &#8220;Liquidity Agreement&#8221;) among BAFC, as borrower, the financial institutions party thereto as liquidity
banks (the &#8220;Liquidity Banks&#8221;), Citibank, N.A., as syndication agent, BNP Paribas, Co&#246;peratieve Rabobank, U.A., New York
Branch, Mizuho Bank, Ltd., Sumitomo Mitsui Banking Corporation and U.S. Bank National Association, as co-documentation agents, and JPMorgan
Chase Bank, N.A., as administrative agent, under which the Liquidity Banks have agreed to provide a back up liquidity facility for BAFC&#8217;s
commercial paper program and to provide a revolving credit facility to BAFC. The Liquidity Agreement was amended to extend the expiration
date of the Liquidity Banks&#8217; commitments to July 16, 2026. BAFC has the option to request an extension of the expiration date of
the Liquidity Agreement for two additional one-year periods. Each Liquidity Bank in its sole discretion may agree to any such extension
request. </span></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><span style="letter-spacing: -0.15pt">&#160;</span></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><span style="letter-spacing: -0.15pt">Borrowings
under the Liquidity Agreement will bear interest at LIBOR plus a margin, ranging from 1.00% and 1.625%, which will vary based on the Rating
Level. Amounts under the Liquidity Agreement that remain undrawn are subject to a commitment fee payable quarterly based on the average
undrawn portion of the Liquidity Agreement at rates ranging from 0.09% to 0.225%, varying based on the Rating Level. </span></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><span style="letter-spacing: -0.15pt">&#160;</span></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><span style="letter-spacing: -0.15pt">The
Liquidity Agreement contains certain customary representations and warranties and affirmative and negative covenants, including certain
limitations on the ability of BAFC, among other things, to incur liens, incur indebtedness, sell or transfer assets or receivables or
engage in mergers, consolidations, amalgamations or joint ventures, and customary events of default.</span></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><span style="letter-spacing: -0.15pt">&#160;</span></p>
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<p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><span style="letter-spacing: -0.15pt">The
obligations of BAFC under the Liquidity Agreement are guaranteed by Bunge pursuant to a separate Guaranty, which was also amended effective
July 16, 2021 in connection with the amendment of the Liquidity Agreement (the &#8220;BAFC Guaranty&#8221;) to conform its terms to those
contained in more recent agreements of a similar nature entered into by Bunge. The BAFC Guaranty contains certain customary representations
and warranties and affirmative and negative covenants. The BAFC Guaranty obligates Bunge to maintain a total consolidated current assets
to adjusted total consolidated current liabilities ratio, a maximum consolidated adjusted net debt to consolidated adjusted capitalization
ratio and a maximum secured indebtedness to tangible assets ratio. The BAFC Guaranty also includes certain limitations on the ability
of Bunge to engage in merger, consolidation or amalgamation transactions or sell or otherwise transfer all or substantially all of its
property, business or assets.</span></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><span style="letter-spacing: -0.15pt">&#160;</span></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><span style="letter-spacing: -0.15pt">From
time to time, certain of the lenders under the JPM Credit Agreement and Rabobank Credit Agreement, certain of the Liquidity Banks under
the Liquidity Agreement and/or their affiliates provide financial services to Bunge, BLFC, BAFC and other subsidiaries of Bunge.</span></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><span style="letter-spacing: -0.15pt">&#160;</span></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><span style="letter-spacing: -0.15pt">The
JPM Credit Agreement, the BLFC-JPM Guaranty, the Rabobank Credit Agreement, the BLFC-Rabobank Guaranty, the Liquidity Agreement and the
BAFC Guaranty, as well as an Annex X dated as of July 16, 2021 containing definitions of certain terms used in such agreements and instruments
are included as Exhibits 10.1, 10.2, 10.3, 10.4, 10.5, 10.6 and 10.7 hereto and are incorporated by reference herein. The foregoing descriptions
of the JPM Credit Agreement, BLFC-JPM Guaranty, Rabobank Credit Agreement, BLFC-Rabobank Guaranty, Liquidity Agreement and BAFC Guaranty
do not purport to be complete and are qualified in their entirety by reference to the full text of those documents.</span></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 1in"><b>Item 1.02</b></td><td style="text-align: justify"><b>Termination of a Material Definitive Agreement</b></td></tr></table>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">The information set forth in Item
1.01 of this Current Report on Form 8-K with respect to the termination of the Terminated JPM Credit Agreement and the Terminated Rabobank
Credit Agreement is hereby incorporated by reference in this Item 1.02.</p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>&#160;</b></p>
<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 1in"><b>Item 2.03</b></td><td style="text-align: justify"><b>Creation of a Direct Financial
Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant</b></td></tr></table>


<p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">The information set forth in Item
1.01 of this Current Report on Form 8-K is hereby incorporated by reference in this Item 2.03.</p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>
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<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 12pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 1in"><b>Item 9.01</b></td><td><b>Financial Statements and Exhibits</b></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 12pt"><tr style="vertical-align: top">
<td style="width: 8%"></td><td style="width: 0.25in">(d)</td><td>Exhibits</td></tr></table>

<table cellspacing="0" cellpadding="0" style="width: 100%; border-collapse: collapse">
  <tr style="vertical-align: top">
    <td style="font: 12pt Times New Roman, Times, Serif; width: 8%; padding-bottom: 12pt; text-indent: 0in">&#160;</td>
    <td style="font: 12pt Times New Roman, Times, Serif; width: 20%; padding-bottom: 12pt; text-indent: 0in"><span style="text-decoration: underline">Exhibit No.</span></td>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-bottom: 12pt; text-indent: 0in"><span style="text-decoration: underline">Description</span></td></tr>
  <tr style="vertical-align: top">
    <td style="font: 12pt Times New Roman, Times, Serif; padding-bottom: 12pt; text-indent: 0in">&#160;</td>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-bottom: 12pt; text-indent: 0in"><a href="ss373914_ex1001.htm">10.1</a></td>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-bottom: 12pt; text-indent: 0in"><a href="ss373914_ex1001.htm">JPM Credit Agreement, dated <span style="letter-spacing: -0.15pt">July 16, 2021</span></a></td></tr>
  <tr style="vertical-align: top">
    <td style="font: 12pt Times New Roman, Times, Serif; padding-bottom: 12pt; text-indent: 0in">&#160;</td>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-bottom: 12pt; text-indent: 0in"><a href="ss373914_ex1002.htm">10.2</a></td>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-bottom: 12pt; text-indent: 0in"><a href="ss373914_ex1002.htm">Guaranty by Bunge Limited pursuant to the JPM Credit Agreement, dated <span style="letter-spacing: -0.15pt">July 16, 2021</span></a></td></tr>
  <tr style="vertical-align: top">
    <td style="font: 12pt Times New Roman, Times, Serif; padding-bottom: 12pt; text-indent: 0in">&#160;</td>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-bottom: 12pt; text-indent: 0in"><a href="ss373914_ex1003.htm">10.3</a></td>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-bottom: 12pt; text-indent: 0in"><a href="ss373914_ex1003.htm">Rabobank Credit Agreement, dated <span style="letter-spacing: -0.15pt">July 16, 2021</span></a></td></tr>
  <tr style="vertical-align: top">
    <td style="font: 12pt Times New Roman, Times, Serif; padding-bottom: 12pt; text-indent: 0in">&#160;</td>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-bottom: 12pt; text-indent: 0in"><a href="ss373914_ex1004.htm">10.4</a></td>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-bottom: 12pt; text-indent: 0in"><a href="ss373914_ex1004.htm">Guaranty by Bunge Limited pursuant to the Rabobank Credit Agreement, dated <span style="letter-spacing: -0.15pt">July 16, 2021</span></a></td></tr>
  <tr style="vertical-align: top">
    <td style="font: 12pt Times New Roman, Times, Serif; padding-bottom: 12pt; text-indent: 0in">&#160;</td>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-bottom: 12pt; text-indent: 0in"><a href="ss373914_ex1005.htm">10.5</a></td>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-bottom: 12pt; text-indent: 0in"><a href="ss373914_ex1005.htm">Fourteenth Amended and Restated Liquidity Agreement, dated <span style="letter-spacing: -0.15pt">July 16, 2021</span></a></td></tr>
  <tr style="vertical-align: top">
    <td style="font: 12pt Times New Roman, Times, Serif; padding-bottom: 12pt; text-indent: 0in">&#160;</td>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-bottom: 12pt; text-indent: 0in"><a href="ss373914_ex1006.htm">10.6</a></td>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-bottom: 12pt; text-indent: 0in"><a href="ss373914_ex1006.htm">Tenth Amended and Restated Guaranty by Bunge Limited pursuant to the Fourteenth Amended and Restated Liquidity Agreement, dated <span style="letter-spacing: -0.15pt">July 16, 2021</span></a></td></tr>
  <tr style="vertical-align: top">
    <td style="font: 12pt Times New Roman, Times, Serif; padding-bottom: 12pt; text-indent: 0in">&#160;</td>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-bottom: 12pt; text-indent: 0in"><a href="ss373914_ex1007.htm">10.7</a></td>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-bottom: 12pt; text-indent: 0in"><a href="ss373914_ex1007.htm">Annex X, dated as of <span style="letter-spacing: -0.15pt">July 16, 2021</span>, including definitions of certain terms contained in Exhibits 10.1, 10.2, 10.3, 10.4, 10.5 and 10.6 hereto</a></td></tr>
  <tr style="vertical-align: top">
    <td style="font: 12pt Times New Roman, Times, Serif; padding-bottom: 12pt; text-indent: 0in">&#160;</td>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-bottom: 12pt; text-indent: 0in">104</td>
    <td style="font: 12pt Times New Roman, Times, Serif; padding-bottom: 12pt; text-indent: 0in">Cover Page Interactive Data File (embedded within the Inline XBRL document)</td></tr>
  </table>
<p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><b>&#160;</b></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><b>&#160;</b></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><b>&#160;</b></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><b>&#160;</b></p>
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<p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><b>SIGNATURE</b></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Pursuant to the requirements
of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned
hereunto duly authorized.</p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">Dated: <span style="letter-spacing: -0.15pt">July
19, 2021</span></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 3in">&#160;</p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 3.5in">BUNGE LIMITED</p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 3in">&#160;</p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 3in">&#160;</p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 3.5in">By:&#160;&#160;&#160;&#160;<span style="text-decoration: underline">/s/ Lisa Ware-Alexander&#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;    </span></p>
<p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 3.9in">Name: Lisa Ware-Alexander</p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 3.9in">Title: &#160;&#160;Secretary</p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 3in; text-indent: 3.75in">&#160;</p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0">&#160;</p>
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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressAddressLine2" xlink:to="dei_EntityAddressAddressLine2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressAddressLine2_lbl" xml:lang="en-US">Entity Address, Address Line Two</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityAddressAddressLine3" xlink:label="dei_EntityAddressAddressLine3" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressAddressLine3" xlink:to="dei_EntityAddressAddressLine3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressAddressLine3_lbl" xml:lang="en-US">Entity Address, Address Line Three</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityAddressCityOrTown" xlink:label="dei_EntityAddressCityOrTown" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressCityOrTown" xlink:to="dei_EntityAddressCityOrTown_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressCityOrTown_lbl" xml:lang="en-US">Entity Address, City or Town</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityAddressStateOrProvince" xlink:label="dei_EntityAddressStateOrProvince" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressStateOrProvince" xlink:to="dei_EntityAddressStateOrProvince_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressStateOrProvince_lbl" xml:lang="en-US">Entity Address, State or Province</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityAddressCountry" xlink:label="dei_EntityAddressCountry" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressCountry" xlink:to="dei_EntityAddressCountry_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressCountry_lbl" xml:lang="en-US">Entity Address, Country</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityAddressPostalZipCode" xlink:label="dei_EntityAddressPostalZipCode" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressPostalZipCode" xlink:to="dei_EntityAddressPostalZipCode_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressPostalZipCode_lbl" xml:lang="en-US">Entity Address, Postal Zip Code</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_CountryRegion" xlink:label="dei_CountryRegion" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CountryRegion" xlink:to="dei_CountryRegion_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CountryRegion_lbl" xml:lang="en-US">Country Region</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_CityAreaCode" xlink:label="dei_CityAreaCode" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CityAreaCode" xlink:to="dei_CityAreaCode_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CityAreaCode_lbl" xml:lang="en-US">City Area Code</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_LocalPhoneNumber" xlink:label="dei_LocalPhoneNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_LocalPhoneNumber" xlink:to="dei_LocalPhoneNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_LocalPhoneNumber_lbl" xml:lang="en-US">Local Phone Number</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_Extension" xlink:label="dei_Extension" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_Extension" xlink:to="dei_Extension_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_Extension_lbl" xml:lang="en-US">Extension</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_WrittenCommunications" xlink:label="dei_WrittenCommunications" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_WrittenCommunications" xlink:to="dei_WrittenCommunications_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_WrittenCommunications_lbl" xml:lang="en-US">Written Communications</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_SolicitingMaterial" xlink:label="dei_SolicitingMaterial" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SolicitingMaterial" xlink:to="dei_SolicitingMaterial_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_SolicitingMaterial_lbl" xml:lang="en-US">Soliciting Material</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_PreCommencementTenderOffer" xlink:label="dei_PreCommencementTenderOffer" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_PreCommencementTenderOffer" xlink:to="dei_PreCommencementTenderOffer_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_PreCommencementTenderOffer_lbl" xml:lang="en-US">Pre-commencement Tender Offer</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_PreCommencementIssuerTenderOffer" xlink:label="dei_PreCommencementIssuerTenderOffer" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_PreCommencementIssuerTenderOffer" xlink:to="dei_PreCommencementIssuerTenderOffer_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_PreCommencementIssuerTenderOffer_lbl" xml:lang="en-US">Pre-commencement Issuer Tender Offer</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_Security12bTitle" xlink:label="dei_Security12bTitle" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_Security12bTitle" xlink:to="dei_Security12bTitle_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_Security12bTitle_lbl" xml:lang="en-US">Title of 12(b) Security</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_NoTradingSymbolFlag" xlink:label="dei_NoTradingSymbolFlag" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_NoTradingSymbolFlag" xlink:to="dei_NoTradingSymbolFlag_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_NoTradingSymbolFlag_lbl" xml:lang="en-US">No Trading Symbol Flag</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_TradingSymbol" xlink:label="dei_TradingSymbol" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_TradingSymbol" xlink:to="dei_TradingSymbol_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_TradingSymbol_lbl" xml:lang="en-US">Trading Symbol</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_SecurityExchangeName" xlink:label="dei_SecurityExchangeName" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SecurityExchangeName" xlink:to="dei_SecurityExchangeName_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_SecurityExchangeName_lbl" xml:lang="en-US">Security Exchange Name</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_Security12gTitle" xlink:label="dei_Security12gTitle" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_Security12gTitle" xlink:to="dei_Security12gTitle_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_Security12gTitle_lbl" xml:lang="en-US">Title of 12(g) Security</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_SecurityReportingObligation" xlink:label="dei_SecurityReportingObligation" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SecurityReportingObligation" xlink:to="dei_SecurityReportingObligation_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_SecurityReportingObligation_lbl" xml:lang="en-US">Security Reporting Obligation</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_AnnualInformationForm" xlink:label="dei_AnnualInformationForm" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AnnualInformationForm" xlink:to="dei_AnnualInformationForm_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AnnualInformationForm_lbl" xml:lang="en-US">Annual Information Form</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_AuditedAnnualFinancialStatements" xlink:label="dei_AuditedAnnualFinancialStatements" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AuditedAnnualFinancialStatements" xlink:to="dei_AuditedAnnualFinancialStatements_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AuditedAnnualFinancialStatements_lbl" xml:lang="en-US">Audited Annual Financial Statements</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityWellKnownSeasonedIssuer" xlink:label="dei_EntityWellKnownSeasonedIssuer" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityWellKnownSeasonedIssuer" xlink:to="dei_EntityWellKnownSeasonedIssuer_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityWellKnownSeasonedIssuer_lbl" xml:lang="en-US">Entity Well-known Seasoned Issuer</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityVoluntaryFilers" xlink:label="dei_EntityVoluntaryFilers" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityVoluntaryFilers" xlink:to="dei_EntityVoluntaryFilers_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityVoluntaryFilers_lbl" xml:lang="en-US">Entity Voluntary Filers</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityCurrentReportingStatus" xlink:label="dei_EntityCurrentReportingStatus" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCurrentReportingStatus" xlink:to="dei_EntityCurrentReportingStatus_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityCurrentReportingStatus_lbl" xml:lang="en-US">Entity Current Reporting Status</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityInteractiveDataCurrent" xlink:label="dei_EntityInteractiveDataCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityInteractiveDataCurrent" xlink:to="dei_EntityInteractiveDataCurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityInteractiveDataCurrent_lbl" xml:lang="en-US">Entity Interactive Data Current</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityFilerCategory" xlink:label="dei_EntityFilerCategory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityFilerCategory" xlink:to="dei_EntityFilerCategory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityFilerCategory_lbl" xml:lang="en-US">Entity Filer Category</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntitySmallBusiness" xlink:label="dei_EntitySmallBusiness" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntitySmallBusiness" xlink:to="dei_EntitySmallBusiness_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntitySmallBusiness_lbl" xml:lang="en-US">Entity Small Business</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityEmergingGrowthCompany" xlink:label="dei_EntityEmergingGrowthCompany" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityEmergingGrowthCompany" xlink:to="dei_EntityEmergingGrowthCompany_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityEmergingGrowthCompany_lbl" xml:lang="en-US">Entity Emerging Growth Company</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityExTransitionPeriod" xlink:label="dei_EntityExTransitionPeriod" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityExTransitionPeriod" xlink:to="dei_EntityExTransitionPeriod_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityExTransitionPeriod_lbl" xml:lang="en-US">Elected Not To Use the Extended Transition Period</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_DocumentAccountingStandard" xlink:label="dei_DocumentAccountingStandard" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentAccountingStandard" xlink:to="dei_DocumentAccountingStandard_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentAccountingStandard_lbl" xml:lang="en-US">Document Accounting Standard</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_OtherReportingStandardItemNumber" xlink:label="dei_OtherReportingStandardItemNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_OtherReportingStandardItemNumber" xlink:to="dei_OtherReportingStandardItemNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_OtherReportingStandardItemNumber_lbl" xml:lang="en-US">Other Reporting Standard Item Number</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityShellCompany" xlink:label="dei_EntityShellCompany" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityShellCompany" xlink:to="dei_EntityShellCompany_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityShellCompany_lbl" xml:lang="en-US">Entity Shell Company</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityPublicFloat" xlink:label="dei_EntityPublicFloat" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityPublicFloat" xlink:to="dei_EntityPublicFloat_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityPublicFloat_lbl" xml:lang="en-US">Entity Public Float</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityBankruptcyProceedingsReportingCurrent" xlink:label="dei_EntityBankruptcyProceedingsReportingCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityBankruptcyProceedingsReportingCurrent" xlink:to="dei_EntityBankruptcyProceedingsReportingCurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityBankruptcyProceedingsReportingCurrent_lbl" xml:lang="en-US">Entity Bankruptcy Proceedings, Reporting Current</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityCommonStockSharesOutstanding" xlink:label="dei_EntityCommonStockSharesOutstanding" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCommonStockSharesOutstanding" xlink:to="dei_EntityCommonStockSharesOutstanding_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityCommonStockSharesOutstanding_lbl" xml:lang="en-US">Entity Common Stock, Shares Outstanding</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_DocumentsIncorporatedByReferenceTextBlock" xlink:label="dei_DocumentsIncorporatedByReferenceTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentsIncorporatedByReferenceTextBlock" xlink:to="dei_DocumentsIncorporatedByReferenceTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentsIncorporatedByReferenceTextBlock_lbl" xml:lang="en-US">Documents Incorporated by Reference [Text Block]</link:label>
    </link:labelLink>
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.PRE
<SEQUENCE>4
<FILENAME>bg-20210716_pre.xml
<DESCRIPTION>XBRL PRESENTATION FILE
<TEXT>
<XBRL>
<?xml version="1.0" encoding="US-ASCII" standalone="no"?>
    <!-- Field: Doc-Info; Name: Generator; Value: GoFiler Complete; Version: 5.9a -->
    <!-- Field: Doc-Info; Name: VendorURI; Value: https://www.novaworks.com -->
    <!-- Field: Doc-Info; Name: Status; Value: 0x00000000 -->
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<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>5
<FILENAME>ss373914_ex1001.htm
<DESCRIPTION>JPM CREDIT AGREEMENT
<TEXT>
<HTML>
<HEAD>
<TITLE></TITLE>
</HEAD>
<BODY>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><B><U>Exhibit 10.1</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right">&nbsp;</P>

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="font-size: 0.5pt; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">$1,350,000,000</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">REVOLVING CREDIT AGREEMENT</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">among</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">BUNGE LIMITED FINANCE CORP.,</P>

<P STYLE="font: 10pt/200% Times New Roman, Times, Serif; margin: 0; text-align: center">as Borrower,</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">The Several Lenders from Time to Time Parties
Hereto,</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">CITIBANK, N.A.,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">as Syndication Agent,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">BNP PARIBAS,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="text-transform: uppercase">CO&Ouml;PERATIEVE
Rabobank U.A., New York Branch,</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">MIZUHO BANK, LTD.,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">SUMITOMO MITSUI BANKING CORPORATION</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">and<BR>
U.S. BANK NATIONAL ASSOCIATION,</P>

<P STYLE="font: 10pt/200% Times New Roman, Times, Serif; margin: 0; text-align: center">as Co-Documentation Agents</P>

<P STYLE="font: 10pt/200% Times New Roman, Times, Serif; margin: 0; text-align: center">and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">JPMORGAN CHASE BANK, N.A.</P>

<P STYLE="font: 10pt/200% Times New Roman, Times, Serif; margin: 0; text-align: center">as Administrative Agent</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Dated as of July 16, 2021</P>

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="font-size: 0.5pt; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">JPMorgan Chase Bank, N.A. and Citibank, N.A.,<BR>
as Lead Arrangers and Bookrunners<BR>
and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><BR>
BNP Paribas Securities Corp., Co&ouml;peratieve Rabobank U.A., New York Branch, Mizuho Bank, Ltd., Sumitomo Mitsui Banking Corporation
and U.S. Bank National Association,<BR>
as Joint Lead Arrangers and Bookrunners</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><U>TABLE OF CONTENTS</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><B>Page</B></P>



<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%">
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="width: 90%; text-align: left; text-indent: -1in; padding-top: 12pt; padding-bottom: 12pt; padding-left: 1in">SECTION 1.&nbsp;&nbsp;&nbsp;DEFINITIONS</TD>
    <TD STYLE="width: 10%; text-align: right; padding-top: 12pt; padding-bottom: 12pt">1</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">1.1&nbsp;&nbsp;&nbsp;Defined Terms.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">1</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">1.2&nbsp;&nbsp;&nbsp;Other Definitional Provisions.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">31</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">1.3&nbsp;&nbsp;&nbsp;Interest Rates; LIBOR Notification.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">33</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">1.4&nbsp;&nbsp;&nbsp;Divisions.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">34</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -1in; padding-top: 12pt; padding-bottom: 12pt; padding-left: 1in">SECTION 2.&nbsp;&nbsp;&nbsp;AMOUNT AND TERMS OF COMMITMENTS</TD>
    <TD STYLE="text-align: right; padding-top: 12pt; padding-bottom: 12pt">34</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">2.1&nbsp;&nbsp;&nbsp;Commitments.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">34</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">2.2&nbsp;&nbsp;&nbsp;Procedure for Loan Borrowing.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">37</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">2.3&nbsp;&nbsp;&nbsp;Extension Option.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">37</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">2.4&nbsp;&nbsp;&nbsp;Commitment Fees, etc.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">40</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">2.5&nbsp;&nbsp;&nbsp;Termination or Reduction of Commitments.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">41</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">2.6&nbsp;&nbsp;&nbsp;Prepayments.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">41</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">2.7&nbsp;&nbsp;&nbsp;Conversion and Continuation Options.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">42</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">2.8&nbsp;&nbsp;&nbsp;Limitations on Term Benchmark Borrowings.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">43</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">2.9&nbsp;&nbsp;&nbsp;Interest Rates and Payment Dates.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">43</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">2.10&nbsp;&nbsp;&nbsp;Computation of Interest and Fees.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">43</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">2.11&nbsp;&nbsp;&nbsp;Alternate Rate of Interest.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">44</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">2.12&nbsp;&nbsp;&nbsp;Pro Rata Treatment and Payments.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">47</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">2.13&nbsp;&nbsp;&nbsp;Requirements of Law.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">49</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">2.14&nbsp;&nbsp;&nbsp;Taxes.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">51</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">2.15&nbsp;&nbsp;&nbsp;Indemnity.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">55</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">2.16&nbsp;&nbsp;&nbsp;Change of Lending Office.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">55</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">2.17&nbsp;&nbsp;&nbsp;Illegality.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">55</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">2.18&nbsp;&nbsp;&nbsp;Replacement of Lenders.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">56</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">2.19&nbsp;&nbsp;&nbsp;Judgment Currency</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">57</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -1in; padding-top: 12pt; padding-bottom: 12pt; padding-left: 1in">SECTION 3.&nbsp;&nbsp;&nbsp;REPRESENTATIONS AND WARRANTIES</TD>
    <TD STYLE="text-align: right; padding-top: 12pt; padding-bottom: 12pt">57</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">3.1&nbsp;&nbsp;&nbsp;No Change.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">57</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">3.2&nbsp;&nbsp;&nbsp;Existence; Compliance with Law.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">57</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">3.3&nbsp;&nbsp;&nbsp;Power; Authorization; Enforceable Obligations.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">57</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">3.4&nbsp;&nbsp;&nbsp;No Legal Bar.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">58</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">3.5&nbsp;&nbsp;&nbsp;Litigation.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">58</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">3.6&nbsp;&nbsp;&nbsp;No Default.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">58</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">3.7&nbsp;&nbsp;&nbsp;Ownership of Property; Liens.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">58</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">3.8&nbsp;&nbsp;&nbsp;Taxes.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">58</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">3.9&nbsp;&nbsp;&nbsp;Federal Regulations.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">59</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">3.10&nbsp;&nbsp;&nbsp;Investment Company Act; Other Regulations.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">59</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">3.11&nbsp;&nbsp;&nbsp;No Subsidiaries.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">59</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">3.12&nbsp;&nbsp;&nbsp;Use of Proceeds.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">59</TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

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<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%">
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    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt; width: 90%">3.13&nbsp;&nbsp;&nbsp;Solvency.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in; width: 10%">59</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">3.14&nbsp;&nbsp;&nbsp;Limited Purpose.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">59</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">3.15&nbsp;&nbsp;&nbsp;Financial Condition; Beneficial Ownership Certification.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">59</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">3.16&nbsp;&nbsp;&nbsp;Financial Institutions.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">60</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">3.17&nbsp;&nbsp;&nbsp;Sanctions.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">60</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -1in; padding-top: 12pt; padding-bottom: 12pt; padding-left: 1in">SECTION 4.&nbsp;&nbsp;&nbsp;CONDITIONS PRECEDENT</TD>
    <TD STYLE="text-align: right; padding-top: 12pt; padding-bottom: 12pt">60</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">4.1&nbsp;&nbsp;&nbsp;Conditions to Effectiveness.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">60</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">4.2&nbsp;&nbsp;&nbsp;Conditions to Each Loan.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">62</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -1in; padding-top: 12pt; padding-bottom: 12pt; padding-left: 1in">SECTION 5.&nbsp;&nbsp;&nbsp;COVENANTS</TD>
    <TD STYLE="text-align: right; padding-top: 12pt; padding-bottom: 12pt">63</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">5.1&nbsp;&nbsp;&nbsp;Affirmative Covenants.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">63</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">5.2&nbsp;&nbsp;&nbsp;Negative Covenants.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">66</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">5.3&nbsp;&nbsp;&nbsp;Use of Websites.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">69</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -1in; padding-top: 12pt; padding-bottom: 12pt; padding-left: 1in">SECTION 6.&nbsp;&nbsp;&nbsp;EVENTS OF DEFAULT</TD>
    <TD STYLE="text-align: right; padding-top: 12pt; padding-bottom: 12pt">70</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -1in; padding-top: 12pt; padding-bottom: 12pt; padding-left: 1in">SECTION 7.&nbsp;&nbsp;&nbsp;THE AGENTS</TD>
    <TD STYLE="text-align: right; padding-top: 12pt; padding-bottom: 12pt">73</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">7.1&nbsp;&nbsp;&nbsp;Appointment.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">73</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">7.2&nbsp;&nbsp;&nbsp;Delegation of Duties.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">73</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">7.3&nbsp;&nbsp;&nbsp;Exculpatory Provisions.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">73</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">7.4&nbsp;&nbsp;&nbsp;Reliance by Administrative Agent.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">74</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">7.5&nbsp;&nbsp;&nbsp;Notice of Default.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">74</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">7.6&nbsp;&nbsp;&nbsp;Non-Reliance on Agents and Other Lenders.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">74</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">7.7&nbsp;&nbsp;&nbsp;Indemnification.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">75</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">7.8&nbsp;&nbsp;&nbsp;Agent in Its Individual Capacity.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">75</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">7.9&nbsp;&nbsp;&nbsp;Successor Administrative Agent.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">76</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">7.10&nbsp;&nbsp;&nbsp;Syndication Agent, Lead Arrangers, Bookrunners and Documentation Agents.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">76</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">7.11&nbsp;&nbsp;&nbsp;Agent Communications.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">76</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">7.12&nbsp;&nbsp;&nbsp;Certain ERISA Matters</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">76</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">7.13&nbsp;&nbsp;&nbsp;Erroneous Payments.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">78</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -1in; padding-top: 12pt; padding-bottom: 12pt; padding-left: 1in">SECTION 8.&nbsp;&nbsp;&nbsp;MISCELLANEOUS</TD>
    <TD STYLE="text-align: right; padding-top: 12pt; padding-bottom: 12pt">79</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">8.1&nbsp;&nbsp;&nbsp;Amendments and Waivers.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">79</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">8.2&nbsp;&nbsp;&nbsp;Notices.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">80</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">8.3&nbsp;&nbsp;&nbsp;No Waiver; Cumulative Remedies.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">81</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">8.4&nbsp;&nbsp;&nbsp;Survival of Representations and Warranties.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">82</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">8.5&nbsp;&nbsp;&nbsp;Payment of Expenses and Taxes.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">82</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">8.6&nbsp;&nbsp;&nbsp;Successors and Assigns; Participations and Assignments.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">83</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">8.7&nbsp;&nbsp;&nbsp;Adjustments; Set&#45;off.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">86</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">8.8&nbsp;&nbsp;&nbsp;Counterparts; Electronic Signatures</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">87</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">8.9&nbsp;&nbsp;&nbsp;Severability.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">88</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">8.10&nbsp;&nbsp;&nbsp;Integration.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">88</TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

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<P STYLE="margin: 0">&nbsp;</P>

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    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt; width: 90%">8.11&nbsp;&nbsp;&nbsp;<B>GOVERNING LAW</B>.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in; width: 10%">88</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">8.12&nbsp;&nbsp;&nbsp;Submission To Jurisdiction; Waivers.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">88</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">8.13&nbsp;&nbsp;&nbsp;Acknowledgements.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">89</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">8.14&nbsp;&nbsp;&nbsp;Confidentiality.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">89</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">8.15&nbsp;&nbsp;&nbsp;<B>WAIVERS OF JURY TRIAL.</B></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">90</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">8.16&nbsp;&nbsp;&nbsp;No Bankruptcy Petition Against the Borrower; Liability of the Borrower.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">90</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">8.17&nbsp;&nbsp;&nbsp;Conversion of Approved Currencies into Dollars.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">91</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">8.18&nbsp;&nbsp;&nbsp;U.S.A. Patriot Act.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">91</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">8.19&nbsp;&nbsp;&nbsp;Acknowledgment and Consent to Bail-In of Affected Financial Institution.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">91</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt"><U>SCHEDULES</U>:</P>

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    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 11%; padding-right: 5.4pt; padding-left: 5.4pt">1.1</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 89%; padding-right: 5.4pt; padding-left: 5.4pt">Commitments</TD></TR>
  <TR STYLE="line-height: normal; vertical-align: top">
    <TD STYLE="font: 10pt/normal Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="line-height: normal">3.3</FONT></TD>
    <TD STYLE="font: 10pt/normal Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="line-height: normal">Consents, Authorizations, Filings and Notices</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt"><U>EXHIBITS</U>:</P>

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  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 11%; padding-right: 5.4pt; padding-left: 5.4pt">A</TD>
    <TD STYLE="width: 89%; padding-right: 5.4pt; padding-left: 5.4pt">Form of Guaranty Agreement</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">B-1</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">Form of Borrower Responsible Officer&rsquo;s Certificate</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">B-2</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">Form of Borrower Secretary Certificate</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">B-3</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">Form of Guarantor Responsible Officer&rsquo;s Certificate</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">B-4</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">Form of Guarantor Secretary Certificate</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">C</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">Form of Assignment and Acceptance</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">D-1</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">Form of Legal Opinion of Reed Smith LLP</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">D-2</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">Form of Legal Opinion of Conyers Dill &amp; Pearman Limited</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">E</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">Form of Exemption Certificate</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">F</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">Form of Commitment Increase Supplement</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">G</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">Form of Additional Lender Supplement</TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">REVOLVING CREDIT AGREEMENT
(as amended, supplemented or otherwise modified in accordance with the terms hereof and in effect from time to time, this &#8220;<U>Agreement</U>&#8221;),
dated as of July 16, 2021, among BUNGE LIMITED FINANCE CORP., a Delaware corporation (the &#8220;<U>Borrower</U>&#8221;), the several
banks and other financial institutions or entities from time to time parties to this Agreement (the &#8220;<U>Lenders</U>&#8221;), CITIBANK,
N.A., as syndication agent (the &#8220;<U>Syndication Agent</U>&#8221;), BNP PARIBAS, <FONT STYLE="text-transform: uppercase">CO&Ouml;PERATIEVE
Rabobank U.A., New York Branch</FONT>, MIZUHO BANK, LTD., SUMITOMO MITSUI BANKING CORPORATION and U.S. BANK NATIONAL ASSOCIATION, each
as a documentation agent (each, a &#8220;<U>Documentation Agent</U>&#8221; and collectively, the &#8220;<U>Documentation Agents</U>&#8221;)
and JPMORGAN CHASE BANK, N.A., as administrative agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">The parties hereto
hereby agree as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">SECTION 1.&#9;&nbsp;&nbsp;DEFINITIONS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">1.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Defined
Terms</U>. &nbsp;As used in this Agreement, the terms listed in this <U>Section&nbsp;1.1</U> shall have the respective meanings set forth in
this <U>Section 1.1</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>ABR</U>&#8221;:&nbsp;&nbsp;for any day, a rate <I>per annum</I> equal to the greatest of (a) the Prime Rate in effect on such day, (b) the NYFRB Rate in effect on
such day plus &frac12; of 1% and (c) the Adjusted LIBO Rate for a one month Interest Period on such day (or if such day is not a Business
Day, the immediately preceding Business Day) plus 1%; <U>provided</U> that for the purpose of this definition, the Adjusted LIBO Rate
for any day shall be based on the LIBO Screen Rate (or if the LIBO Screen Rate is not available for such one month Interest Period, the
Interpolated Rate) at approximately 11:00 a.m. London time on such day. Any change in the ABR due to a change in the Prime Rate, the NYFRB
Rate or the Adjusted LIBO Rate shall be effective from and including the effective date of such change in the Prime Rate, the NYFRB Rate
or the Adjusted LIBO Rate, respectively. If the ABR is being used as an alternate rate of interest pursuant to <U>Section 2.11</U> (for
the avoidance of doubt, only until the Benchmark Replacement has been determined pursuant to <U>Section 2.11(b)</U>), then the ABR shall
be the greater of clauses (a) and (b) above and shall be determined without reference to clause (c) above. For the avoidance of doubt,
if the ABR as determined pursuant to the foregoing would be less than 1.00%, such rate shall be deemed to be 1.00% for purposes of this
Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>ABR Loans</U>&#8221;:&nbsp;&nbsp;Loans the rate of interest applicable to which is based upon the ABR.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Act</U>&#8221;:&nbsp;&nbsp;as defined in <U>Section 8.18</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Additional Lender</U>&#8221;:&nbsp;&nbsp;as defined in <U>Section 2.1(b)(ii)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Additional Lender
Supplement</U>&#8221;:&nbsp;&nbsp;as defined in <U>Section 2.1(b)(ii)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Adjusted LIBO Rate</U>&#8221;:&nbsp;&nbsp;(i) with respect to any Term Benchmark Borrowing denominated in the Base Currency for any Interest Period, an interest rate per annum
(rounded upwards, if necessary, to the next 1/16 of 1%) equal to (a) the LIBO Rate for such Interest Period multiplied by (b) the Statutory
Reserve Rate and (ii) with respect to any Term Benchmark Borrowing denominated in the Optional Currency for any Interest Period, an interest
rate per annum equal to (a) the LIBO Rate for such Interest Period multiplied by (b) the Statutory Reserve Rate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Administrative
Agent</U>&#8221;:&nbsp;&nbsp;JPMorgan Chase Bank, N.A., together with its Affiliates, as the arranger of the Commitments and as the administrative
agent for the Lenders under this Agreement and the other Loan Documents, together with any of its successors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Administrative
Agent (London Office)</U>&#8221;:&nbsp;&nbsp;for designated notice purposes only, J.P. Morgan Europe Limited.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Affected Financial
Institution</U>&#8221;:&nbsp;&nbsp;(a) any EEA Financial Institution or (b) any UK Financial Institution.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Affiliate</U>&#8221;:&nbsp;&nbsp;with respect to any specified Person, any other Person which, directly or indirectly, is in control of, is controlled by, or is under
common control with, such specified Person. For purposes of this definition &#8220;control&#8221; of a Person means the possession, directly
or indirectly, of the power to direct or cause the direction of the management and policies of such Person, whether through the ownership
of voting securities or otherwise, and the terms &#8220;controlling&#8221; and &#8220;controlled&#8221; have meanings correlative to the
foregoing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Agents</U>&#8221;:&nbsp;&nbsp;the collective reference to the Syndication Agent, the Documentation Agents and the Administrative Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Aggregate Exposure</U>&#8221;:&nbsp;&nbsp;with respect to any Lender at any time, an amount (expressed in the Base Currency) equal to the amount of such Lender&#8217;s Commitment
then in effect or, if the Commitments have been terminated, the Dollar Equivalent of such Lender&#8217;s Loans then outstanding.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Aggregate Exposure
Percentage</U>&#8221;:&nbsp;&nbsp;with respect to any Lender at any time, the ratio (expressed as a percentage) of such Lender&#8217;s Aggregate
Exposure at such time to the Aggregate Exposure of all Lenders at such time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Agreement</U>&#8221;:&nbsp;&nbsp;as defined in the preamble hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Agreed Currency</U>&#8221;:&nbsp;&nbsp;the Base Currency and Optional Currency.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Agreement Currency</U>&#8221;:&nbsp;&nbsp;as defined in <U>Section 2.19(b)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Annex X</U>&#8221;:&nbsp;&nbsp;Annex X (as amended, supplemented or otherwise modified and in effect from time to time) attached to the Pooling Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Anniversary</U>&#8221;:&nbsp;&nbsp;the date falling twelve (12) Months after the Closing Date and the date falling on each twelve (12) Month anniversary thereafter.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Applicable Creditor</U>&#8221;:&nbsp;&nbsp;as defined in <U>Section 2.19(b)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Applicable Margin</U>&#8221;:&nbsp;&nbsp;the per annum rate set forth in the applicable row of the table below:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="width: 60%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 48%; border-top: black 4.5pt double; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 4.5pt double; padding-top: 2.15pt; padding-right: 0.7pt; padding-left: 0.7pt; text-align: center">Rating</TD>
    <TD STYLE="width: 52%; border-top: black 4.5pt double; border-right: black 4.5pt double; border-bottom: black 1pt solid; padding-right: 0.1in; padding-left: 0.1in; text-align: center">Spread</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-right: black 1pt solid; border-left: black 4.5pt double; border-bottom: black 1pt solid; padding-right: 2.9pt; padding-left: 0.1in; text-align: justify">Level I</TD>
    <TD STYLE="vertical-align: top; border-right: black 4.5pt double; border-bottom: black 1pt solid; padding-right: 2.15pt; padding-left: 2.15pt; text-align: right">1.00%</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-right: black 1pt solid; border-left: black 4.5pt double; border-bottom: black 1pt solid; padding-right: 2.9pt; padding-left: 0.1in; text-align: justify">Level II</TD>
    <TD STYLE="vertical-align: top; border-right: black 4.5pt double; border-bottom: black 1pt solid; padding-right: 2.15pt; padding-left: 2.15pt; text-align: right">1.125%</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-right: black 1pt solid; border-left: black 4.5pt double; border-bottom: black 1pt solid; padding-right: 2.9pt; padding-left: 0.1in; text-align: justify">Level III</TD>
    <TD STYLE="vertical-align: top; border-right: black 4.5pt double; border-bottom: black 1pt solid; padding-right: 2.15pt; padding-left: 2.15pt; text-align: right">1.25%</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-right: black 1pt solid; border-left: black 4.5pt double; border-bottom: black 1pt solid; padding-right: 2.9pt; padding-left: 0.1in; text-align: justify">Level IV</TD>
    <TD STYLE="vertical-align: top; border-right: black 4.5pt double; border-bottom: black 1pt solid; padding-right: 2.15pt; padding-left: 2.15pt; text-align: right">1.375%</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-right: black 1pt solid; border-left: black 4.5pt double; border-bottom: Black 4.5pt double; padding-right: 2.9pt; padding-left: 0.1in; text-align: justify">Level V</TD>
    <TD STYLE="vertical-align: top; border-right: black 4.5pt double; border-bottom: Black 4.5pt double; padding-right: 2.15pt; padding-left: 2.15pt; text-align: right">1.625%</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Applicable Moody&#8217;s
Rating</U>&#8221;:&nbsp;&nbsp;the senior long-term unsecured debt rating that Moody&#8217;s provides of (i) the Guarantor or (ii) if Moody&#8217;s
does not provide such a rating of the Guarantor, then the Master Trust or (iii) if Moody&#8217;s does not provide such a rating of the
Guarantor or the Master Trust, then the Borrower.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Applicable S&amp;P
Rating</U>&#8221;:&nbsp;&nbsp;the senior long-term unsecured debt rating that S&amp;P provides of (i) the Guarantor or (ii) if S&amp;P does not provide
such a rating of the Guarantor, then the Master Trust or (iii) if S&amp;P does not provide such a rating of the Guarantor or the Master
Trust, then the Borrower.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Assignee</U>&#8221;:&nbsp;&nbsp;as defined in <U>Section 8.6(c)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Assignment and
Acceptance</U>&#8221;:&nbsp;&nbsp;an Assignment and Acceptance, substantially in the form of Exhibit C.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Assignor</U>&#8221;:&nbsp;&nbsp;as defined in <U>Section 8.6(c)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Available Commitment</U>&#8221;:&nbsp;&nbsp;as to any Lender at any time, an amount equal to such Lender&#8217;s Commitment then in effect <U>minus:</U></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(a)</TD><TD STYLE="text-align: justify">the Dollar Equivalent of the principal amount of its outstanding Loans on such date; and</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(b)</TD><TD STYLE="text-align: justify">for purposes of <U>Section 2.2</U> only, in relation to any proposed borrowing or Loan, the Dollar Equivalent
of the principal amount of any Loans that are due to be made by such Lender on or before the proposed Borrowing Date.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Available Tenor</U>&#8221;:&nbsp;&nbsp;as of any date of determination and with respect to the then-current Benchmark for any Agreed Currency, as applicable, any tenor for such
Benchmark (or component thereof) or payment period for interest calculated with reference to such Benchmark (or component thereof), as
applicable, that is or may be used for determining the length of an Interest Period for any term rate or otherwise, for determining any
frequency of making payments of interest calculated pursuant to this Agreement as of such date and not including, for the avoidance of
doubt, any tenor for such Benchmark that is then-removed from the definition of &#8220;Interest Period&#8221; pursuant to <U>Section 2.11(f)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>BAFC</U>&#8221;:&nbsp;&nbsp;Bunge Asset Funding Corp., a Delaware corporation, and its successors and permitted assigns.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>BAFC Liquidity
Agreement</U>&#8221;:&nbsp;&nbsp;that certain Fourteenth Amended and Restated Liquidity Agreement, dated as of July 16, 2021, among BAFC, as borrower,
several banks and other financial institutions or entities from time to time parties thereto as lenders, Citibank, N.A., as syndication
agent, BNP Paribas, Co&ouml;peratieve Rabobank U.A., New York Branch, Mizuho Bank, Ltd., Sumitomo Mitsui Banking Corporation and U.S.
Bank National Association, as documentation agents and JPMorgan Chase Bank, N.A., as administrative agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Bail-In Action</U>&#8221;:&nbsp;&nbsp;the exercise of any Write-Down and Conversion Powers by the applicable Resolution Authority in respect of any liability of an Affected
Financial Institution.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Bail-In Legislation</U>&#8221;:&nbsp;&nbsp;(a) 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, regulation, rule or requirement for such EEA Member Country from time to time which is described
in the EU Bail-In Legislation Schedule and (b) with respect to the United Kingdom, Part I of the United Kingdom Banking Act 2009 (as amended
from time to time) and any other law, regulation or rule applicable in the United Kingdom relating to the resolution of unsound or failing
banks, investment firms or other financial institutions or their affiliates (other than through liquidation, administration or other insolvency
proceedings).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Base Currency</U>&#8221;:&nbsp;&nbsp;Dollars.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Basel III</U>&#8221;:&nbsp;&nbsp;(a) the agreements on capital requirements, a leverage ratio and liquidity standards contained in &#8220;Basel III:&nbsp;&nbsp;A global regulatory
framework for more resilient banks and banking systems&#8221;, &#8220;Basel III:&nbsp;&nbsp;International framework for liquidity risk measurement,
standards and monitoring&#8221; and &#8220;Guidance for national authorities operating the countercyclical capital buffer&#8221; published
by the Basel Committee on Banking Supervision on December 16, 2010, each as amended, supplemented or restated; (b) the rules for systemically
important banks contained in &#8220;Global systemically important banks:&nbsp;&nbsp;assessment methodology and the additional loss absorbency requirement
&#8211; Rules text&#8221; published by the Basel Committee on Banking Supervision in November 2011, as amended, supplemented or restated;
and (c) any further guidance or standards published by the Basel Committee on Banking Supervision relating to &#8220;Basel III.&#8221;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Benchmark</U>&#8221;:&nbsp;&nbsp;initially, the LIBO Rate; <U>provided</U>, <U>however</U>, that if a Benchmark Transition Event, a Term SOFR Transition Event, an Early
Opt-in Election or an Other Benchmark Rate Election, as applicable, and its related Benchmark Replacement Date has occurred with respect
to the LIBO Rate or the then-current Benchmark for such Agreed Currency, then &#8220;Benchmark&#8221; shall mean the applicable Benchmark
Replacement to the extent that such Benchmark Replacement has replaced such prior benchmark rate pursuant to <U>Section 2.11(b)</U> or
<U>Section 2.11(c)</U>, as applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Benchmark Replacement</U>&#8221;:&nbsp;&nbsp;for any Available Tenor, the first alternative set forth in the order below that can be determined by the Administrative Agent for the
applicable Benchmark Replacement Date; <U>provided</U> that, in the case of any Loan denominated in the Optional Currency or in the case
of an Other Benchmark Rate Election, &#8220;Benchmark Replacement&#8221; shall mean the alternative set forth in (3) below:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(1) in the case of any Loan
denominated in Dollars, the sum of:&nbsp;&nbsp;(a) Term SOFR and (b) the related Benchmark Replacement Adjustment;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(2) in the case of any Loan
denominated in Dollars, the sum of:&nbsp;&nbsp;(a) Daily Simple SOFR and (b) the related Benchmark Replacement Adjustment; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(3) the sum of:&nbsp;&nbsp;(a) the alternate
benchmark rate that has been selected by the Administrative Agent and the Borrower as the replacement for the then-current Benchmark for
the applicable Corresponding Tenor giving due consideration to (i) any selection or recommendation of a replacement benchmark rate or
the mechanism for determining such a rate by the Relevant Governmental Body or (ii) any evolving or then-prevailing market convention
for determining a benchmark rate as a replacement for the then-current Benchmark for syndicated credit facilities denominated in the applicable
Agreed Currency at such time in the United States and (b) the related Benchmark Replacement Adjustment;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"><U>provided</U> that, in the case of
clause (1), such Unadjusted Benchmark Replacement is displayed on a screen or other information service that publishes such rate
from time to time as selected by the Administrative Agent in its reasonable discretion; <U>provided</U>&nbsp;<U>further</U> that,
in the case of clause (3), when such clause is used to determine the Benchmark Replacement in connection with the occurrence of
an Other Benchmark Rate Election, the alternate benchmark rate selected by the Administrative Agent and the Borrower shall be
the term benchmark rate that is used in lieu of a LIBOR-based rate in the relevant other syndicated credit facilities; <U>provided</U>&nbsp;<U>further</U> that, notwithstanding anything to the contrary in this Agreement or in any other Loan Document, upon the occurrence
of a Term SOFR Transition Event, and the delivery of a Term SOFR Notice,&nbsp; on the applicable Benchmark Replacement Date the
&#8220;Benchmark Replacement&#8221; shall revert to and shall be deemed to be the sum of (a) Term SOFR and (b) the related Benchmark
Replacement Adjustment, as set forth in clause (1) of this definition (subject to the first proviso above).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">If the Benchmark Replacement
as determined pursuant to clause (1), (2) or (3) above would be less than the Floor, the Benchmark Replacement will be deemed to be the
Floor for the purposes of this Agreement and the other Loan Documents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Benchmark Replacement
Adjustment</U>&#8221;:&nbsp;&nbsp;with respect to any replacement of the then-current Benchmark with an Unadjusted Benchmark Replacement for any
applicable Interest Period and Available Tenor for any setting of such Unadjusted Benchmark Replacement:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(1)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;for
purposes of clauses (1) and (2) of the definition of &#8220;Benchmark Replacement,&#8221; the first alternative set forth in the order
below that can be determined by the Administrative Agent:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
spread adjustment, or method for calculating or determining such spread adjustment, (which may be a positive or negative value or zero)
as of the Reference Time such Benchmark Replacement is first set for such Interest Period that has been selected or recommended by the
Relevant Governmental Body for the replacement of such Benchmark with the applicable Unadjusted Benchmark Replacement for the applicable
Corresponding Tenor; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-right: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-right: 0; margin-bottom: 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-right: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-indent: 1in"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
spread adjustment (which may be a positive or negative value or zero) as of the Reference Time such Benchmark Replacement is first set
for such Interest Period that would apply to the fallback rate for a derivative transaction referencing the ISDA Definitions to be effective
upon an index cessation event with respect to such Benchmark for the applicable Corresponding Tenor; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(2) for purposes of clause
(3) of the definition of &#8220;Benchmark Replacement,&#8221; the spread adjustment, or method for calculating or determining such spread
adjustment, (which may be a positive or negative value or zero) that has been selected by the Administrative Agent and the Borrower for
the applicable Corresponding Tenor giving due consideration to (i) any selection or recommendation of a spread adjustment, or method for
calculating or determining such spread adjustment, for the replacement of such Benchmark with the applicable Unadjusted Benchmark Replacement
by the Relevant Governmental Body on the applicable Benchmark Replacement Date and/or (ii) any evolving or then-prevailing market convention
for determining a spread adjustment, or method for calculating or determining such spread adjustment, for the replacement of such Benchmark
with the applicable Unadjusted Benchmark Replacement for syndicated credit facilities denominated in the applicable Agreed Currency at
such time; <U>provided</U> that, in the case of clause (1) above, such adjustment is displayed on a screen or other information service
that publishes such Benchmark Replacement Adjustment from time to time as selected by the Administrative Agent in its reasonable discretion.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Benchmark Replacement
Conforming Changes</U>&#8221;:&nbsp;&nbsp;with respect to any Benchmark Replacement, any technical, administrative or operational changes (including
changes to the definition of &#8220;ABR,&#8221; the definition of &#8220;Business Day,&#8221; the definition of &#8220;Interest Period,&#8221;
timing and frequency of determining rates and making payments of interest, timing of borrowing requests or prepayment, conversion or continuation
notices, length of lookback periods, the applicability of breakage provisions, and other technical, administrative or operational matters)
that the Administrative Agent decides may be appropriate to reflect the adoption and implementation of such Benchmark Replacement and
to permit the administration thereof by the Administrative Agent in a manner substantially consistent with market practice (or, if the
Administrative Agent decides that adoption of any portion of such market practice is not administratively feasible or if the Administrative
Agent determines that no market practice for the administration of such Benchmark Replacement exists, in such other manner of administration
as the Administrative Agent decides is reasonably necessary in connection with the administration of this Agreement and the other Loan
Documents).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Benchmark Replacement
Date</U>&#8221;:&nbsp;&nbsp;with respect to any Benchmark, the earliest to occur of the following events with respect to such then-current Benchmark:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(1) in the case of clause
(1) or (2) of the definition of &#8220;Benchmark Transition Event,&#8221; the later of (a) the date of the public statement or publication
of information referenced therein and (b) the date on which the administrator of such Benchmark (or the published component used in the
calculation thereof) permanently or indefinitely ceases to provide all Available Tenors of such Benchmark (or such component thereof);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-right: 0; margin-bottom: 12pt; text-align: left"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-right: 0; margin-bottom: 12pt; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(2) in the case of clause
(3) of the definition of &#8220;Benchmark Transition Event,&#8221; the first date on which such Benchmark (or the published component
used in the calculation thereof) has been determined and announced by the regulatory supervisor for the administrator of such Benchmark
(or such component thereof) to be no longer representative; <U>provided</U>, that such non-representativeness will be determined by reference
to the most recent of the public statement or publication of information referenced therein in such clause (3) and even if any Available
Tenor of such Benchmark (or such component thereof) continues to be provided on such date;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(3) in the case of a Term
SOFR Transition Event, the Term SOFR Transition Event Effective Date; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(4) in the case of an Early
Opt-in Election or an Other Benchmark Rate Election, the sixth (6th) Business Day after the date notice of such Early Opt-in Election
or Other Benchmark Rate Election, as applicable, is provided to the Lenders, so long as the Administrative Agent has not received, by
5:00 p.m. (New York City time) on the fifth (5th) Business Day after the date notice of such Early Opt-in Election or Other Benchmark
Rate Election, as applicable, is provided to the Lenders, written notice of objection to such Early Opt-in Election or Other Benchmark
Rate Election, as applicable, from Lenders comprising the Required Lenders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">For the avoidance of doubt,
(i) if the event giving rise to the Benchmark Replacement Date occurs on the same day as, but earlier than, the Reference Time in respect
of any determination, the Benchmark Replacement Date will be deemed to have occurred prior to the Reference Time for such determination
and (ii) the &#8220;Benchmark Replacement Date&#8221; will be deemed to have occurred in the case of clause (1) or (2) with respect to
any Benchmark upon the occurrence of the applicable event or events set forth therein with respect to all then-current Available Tenors
of such Benchmark (or the published component used in the calculation thereof).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Benchmark Transition
Event</U>&#8221;: &nbsp;with respect to any Benchmark, the occurrence of one or more of the following events with respect to such then-current
Benchmark:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(1) a public statement or
publication of information by or on behalf of the administrator of such Benchmark (or the published component used in the calculation
thereof) announcing that such administrator has ceased or will cease to provide all Available Tenors of such Benchmark (or such component
thereof), permanently or indefinitely, <U>provided</U> that, at the time of such statement or publication, there is no successor administrator
that will continue to provide any Available Tenor of such Benchmark (or such component thereof);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(2) a public statement or
publication of information by the regulatory supervisor for the administrator of such Benchmark (or the published component used in the
calculation thereof), the Board of Governors of the Federal Reserve System, the central bank for the Agreed Currency applicable to such
Benchmark, the Federal Reserve Bank of New York, an insolvency official with jurisdiction over the administrator for such Benchmark (or
such component), a resolution authority with jurisdiction over the administrator for such Benchmark (or such component) or a court or
an entity with similar insolvency or resolution authority over the administrator for such Benchmark (or such component), in each case
which states that the administrator of such Benchmark (or such component) has ceased or will cease to provide all Available Tenors of
such Benchmark (or such component thereof) permanently or indefinitely, <U>provided</U> that, at the time of such statement or publication,
there is no successor administrator that will continue to provide any Available Tenor of such Benchmark (or such component thereof); or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0pt">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(3) a public statement or
publication of information by the regulatory supervisor for the administrator of such Benchmark (or the published component used in the
calculation thereof) announcing that all Available Tenors of such Benchmark (or such component thereof) are no longer, or as of a specified
future date will no longer be, representative.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">For the avoidance of doubt,
a &#8220;Benchmark Transition Event&#8221; will be deemed to have occurred with respect to any Benchmark if a public statement or publication
of information set forth above has occurred with respect to each then-current Available Tenor of such Benchmark (or the published component
used in the calculation thereof).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Benchmark Unavailability
Period</U>&#8221;:&nbsp;&nbsp;with respect to any Benchmark, the period (if any) (x) beginning at the time that a Benchmark Replacement Date pursuant
to clauses (1) or (2) of that definition has occurred if, at such time, no Benchmark Replacement has replaced such then-current Benchmark
for all purposes hereunder and under any Loan Document in accordance with <U>Section 2.11</U> and (y) ending at the time that a Benchmark
Replacement has replaced the then-current Benchmark for all purposes hereunder and under any Loan Document in accordance with <U>Section
2.11</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Beneficial Ownership
Certification</U>&#8221;:&nbsp;&nbsp;a certification regarding beneficial ownership or control as required by the Beneficial Ownership Regulation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Beneficial Ownership
Regulation</U>&#8221;:&nbsp;&nbsp;31 C.F.R. &sect; 1010.230.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Benefit Plan</U>&#8221;:&nbsp;&nbsp;any of (a) an &#8220;employee benefit plan&#8221; (as defined in Section 3(3) of ERISA) that is subject to Title I of ERISA, (b) a &#8220;plan&#8221;
as defined in Section 4975 of the Code to which Section 4975 of the Code applies, and (c) any Person whose assets include (for purposes
of the Plan Asset Regulations or otherwise for purposes of Title I of ERISA or Section 4975 of the Code) the assets of any such &#8220;employee
benefit plan&#8221; or &#8220;plan&#8221;.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Benefitted Lender</U>&#8221;:&nbsp;&nbsp;as defined in <U>Section 8.7(a)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>BFE</U>&#8221;:&nbsp;&nbsp;Bunge Finance Europe B.V., a company organized under the laws of The Netherlands, and its successors and permitted assigns.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Blocking Regulation</U>&#8221;:&nbsp;&nbsp;as defined in <U>Section 3.17</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Board of Directors</U>&#8221;:&nbsp;&nbsp;with respect to any Person, the board of directors of such Person or any duly authorized committee thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Borrower</U>&#8221;:&nbsp;&nbsp;as defined in the preamble hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Borrower Account</U>&#8221;:&nbsp;&nbsp;any account established by or for the Borrower, other than the Series 2002-1 Collection Subaccount (or any sub-subaccount thereof), for
the purpose of depositing funds borrowed hereunder or under any Pari Passu Indebtedness, any amounts paid pursuant to the Series 2002-1
VFC and all amounts received with respect to Hedge Agreements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Borrower Permitted
Lien</U>&#8221;:&nbsp;&nbsp;Liens for current taxes, assessments or other governmental charges which are not delinquent or remain payable without
any penalty, or the validity of which is contested in good faith by appropriate proceedings upon stay of execution of the enforcement
thereof or upon posting a bond in connection therewith and reserves to the extent required by GAAP with respect thereto have been provided
on the books of the Borrower.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Borrowing</U>&#8221;:&nbsp;&nbsp;Loans of the same Type and currency, made, converted or continued on the same date to the Borrower and, in the case of Term Benchmark
Loans, as to which a single Interest Period is in effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Borrowing Date</U>&#8221;:&nbsp;&nbsp;any Business Day specified by the Borrower as a date on which the Borrower requests the Lenders to make Loans hereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Borrowing Time</U>&#8221;:&nbsp;&nbsp;as defined in <U>Section 2.2</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Bunge Funding</U>&#8221;:&nbsp;&nbsp;Bunge Funding, Inc., a Delaware corporation, and its successors and permitted assigns.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Business Day</U>&#8221;:&nbsp;&nbsp;a day other than a Saturday, Sunday or other day on which commercial banks in New York City are authorized or required by law to close,
<U>provided</U>, that (a) with respect to notices and determinations in connection with, and payments of principal and interest on, Term
Benchmark Loans, the term &#8220;Business Day&#8221; shall also exclude any day on which banks are not open for dealings in deposits in
the currency in which such Term Benchmark Loan is denominated in the London interbank market and (b) when used in connection with any
Term Benchmark Loan denominated in the Optional Currency, the term &#8220;Business Day&#8221; shall also exclude any day on which the
TARGET payment system is not open for the settlement of payment in Euro.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Capital Stock</U>&#8221;:&nbsp;&nbsp;with respect to any Person, any and all shares, interests, rights to purchase, warrants, options (whether or not currently exercisable),
participations or other equivalents of or interests in (however designated) the equity (which includes, but is not limited to, common
stock or shares, preferred stock or shares and partnership and joint venture interests) of such Person (excluding any debt securities
convertible into, or exchangeable for, such equity).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Central Bank Rate</U>&#8221;:&nbsp;&nbsp;(A) the greater of (i) for any Loan denominated in the Optional Currency, one of the following three rates as may be selected by the Administrative
Agent in its reasonable discretion:&nbsp;&nbsp;(1) the fixed rate for the main refinancing operations of the European Central Bank (or any successor
thereto), or, if that rate is not published, the minimum bid rate for the main refinancing operations of the European Central Bank (or
any successor thereto), each as published by the European Central Bank (or any successor thereto) from time to time, (2) the rate for
the marginal lending facility of the European Central Bank (or any successor thereto), as published by the European Central Bank (or any
successor thereto) from time to time or (3) the rate for the deposit facility of the central banking system of the Participating Member
States, as published by the European Central Bank (or any successor thereto) from time to time and (ii) 0.00%; plus (B) the applicable
Central Bank Rate Adjustment.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Central Bank Rate
Adjustment</U>&#8221;:&nbsp;&nbsp;for any day, for any Loan denominated in the Optional Currency, a rate equal to the difference (which may be a
positive or negative value or zero) of (i) the average of the LIBO Rate for the five most recent Business Days preceding such day for
which the LIBO Screen Rate was available (excluding, from such averaging, the highest and the lowest LIBO Rate applicable during such
period of five Business Days) minus (ii) the Central Bank Rate in respect of Euro in effect on the last Business Day in such period. For
purposes of this definition, (x) the term Central Bank Rate shall be determined disregarding clause (B) of the definition of such term
and (y) the LIBO Rate on any day shall be based on the LIBO Screen Rate on such day at approximately the time referred to in the definition
of such term for deposits in the applicable Agreed Currency for a maturity of one month (or, in the event the LIBO Screen Rate, as applicable,
for deposits in the applicable Agreed Currency is not available for such maturity of one month, shall be based on the LIBO Interpolated
Rate as of such time); <U>provided</U> that if such rate shall be less than zero, such rate shall be deemed to be zero.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Change in Control</U>&#8221;:&nbsp;&nbsp;the occurrence of any of the following:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(1)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Guarantor becomes aware (by way of a report or any other filing pursuant to Section 13(d) of the Exchange Act, proxy, vote, written notice
or otherwise) of the acquisition by any Person or group (within the meaning of Section 13(d)(3) or Section 14(d)(2) of the Exchange Act,
or any successor provision), including any group acting for the purpose of acquiring, holding or disposing of securities (within the meaning
of Rule 13d-5(b)(1) under the Exchange Act), in a single transaction or in a related series of transactions, by way of merger, consolidation
or other business combination, of 50% or more of the total voting power of the Voting Stock of the Guarantor then outstanding;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(2)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
sale, lease or transfer, in one or a series of related transactions, of all or substantially all of the assets of the Guarantor and its
Subsidiaries, taken as a whole, to any Person that is not a Subsidiary of the Guarantor; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(3)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
first day on which a majority of the members of the Guarantor&#8217;s Board of Directors are not Continuing Directors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Change in Law</U>&#8221;:&nbsp;&nbsp;as defined in <U>Section 2.13(a)</U>. &#9;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Closing Date</U>&#8221;:&nbsp;&nbsp;the date on which the conditions precedent set forth in Section 4.1 shall have been satisfied, which date is July 16, 2021.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Code</U>&#8221;:&nbsp;&nbsp;the United States Internal Revenue Code of 1986, as amended from time to time, and the rules and regulations promulgated thereunder from
time to time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Commitment</U>&#8221;:&nbsp;&nbsp;as to any Lender, the obligation of such Lender to make Loans in an aggregate Dollar Equivalent principal amount not to exceed the amount
set forth in the Base Currency under the heading &#8220;Commitment&#8221; opposite such Lender&#8217;s name on <U>Schedule 1.1</U> or
in the Assignment and Acceptance pursuant to which such Lender became a party hereto, as the same may be increased or reduced from time
to time pursuant to the terms hereof. The original amount of the Total Commitments is $1,350,000,000.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Commitment Fee
Rate</U>&#8221;:&nbsp;&nbsp;the rate per annum set forth in the applicable row of the table below:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="width: 60%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; width: 31%; border-top: black 4.5pt double; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 4.5pt double; padding-top: 2.15pt; padding-right: 0.7pt; padding-left: 0.7pt; text-align: center">Rating</TD>
    <TD STYLE="vertical-align: top; width: 69%; border-top: black 4.5pt double; border-right: black 4.5pt double; border-bottom: black 1pt solid; padding-right: 0.1in; padding-left: 0.1in; text-align: center">Commitment Fee Rate</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-right: black 1pt solid; border-left: black 4.5pt double; border-bottom: black 1pt solid; padding-right: 2.9pt; padding-left: 0.1in; text-align: justify">Level I</TD>
    <TD STYLE="border-right: black 4.5pt double; vertical-align: top; border-bottom: black 1pt solid; padding-right: 2.15pt; padding-left: 2.15pt; text-align: center">0.09%</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-right: black 1pt solid; border-left: black 4.5pt double; border-bottom: black 1pt solid; padding-right: 2.9pt; padding-left: 0.1in; text-align: justify">Level II</TD>
    <TD STYLE="border-right: black 4.5pt double; vertical-align: top; border-bottom: black 1pt solid; padding-right: 2.15pt; padding-left: 2.15pt; text-align: center">0.10%</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-right: black 1pt solid; border-left: black 4.5pt double; border-bottom: black 1pt solid; padding-right: 2.9pt; padding-left: 0.1in; text-align: justify">Level III</TD>
    <TD STYLE="border-right: black 4.5pt double; vertical-align: top; border-bottom: black 1pt solid; padding-right: 2.15pt; padding-left: 2.15pt; text-align: center">0.125%</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-right: black 1pt solid; border-left: black 4.5pt double; border-bottom: black 1pt solid; padding-right: 2.9pt; padding-left: 0.1in; text-align: justify">Level IV</TD>
    <TD STYLE="border-right: black 4.5pt double; border-bottom: black 1pt solid; vertical-align: top; padding-right: 2.15pt; padding-left: 2.15pt; text-align: center">0.175%</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-right: black 1pt solid; border-left: black 4.5pt double; border-bottom: Black 4.5pt double; padding-right: 2.9pt; padding-left: 0.1in; text-align: justify">Level V</TD>
    <TD STYLE="border-right: black 4.5pt double; vertical-align: top; border-bottom: Black 4.5pt double; padding-right: 2.15pt; padding-left: 2.15pt; text-align: center">0.225%</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Commitment Increase
Supplement</U>&#8221;:&nbsp;&nbsp;as defined in <U>Section 2.1(b)(ii)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Commitment Period</U>&#8221;:&nbsp;&nbsp;the period from and including the Closing Date to the earlier of (a) the Final Termination Date or (b) the date of termination of the
Commitments in accordance with the terms hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Conduit Lender</U>&#8221;:&nbsp;&nbsp;any special purpose corporation organized and administered by any Lender for the purpose of making Loans otherwise required to be made
by such Lender and designated by such Lender in a written instrument; <U>provided</U>, that the designation by any Lender of a Conduit
Lender shall not relieve the designating Lender of any of its obligations to fund a Loan under this Agreement if, for any reason, its
Conduit Lender fails to fund any such Loan, and the designating Lender (and not the Conduit Lender) shall have the sole right and responsibility
to deliver all consents and waivers required or requested under this Agreement with respect to its Conduit Lender, and <U>provided</U>,
<U>further</U>, that no Conduit Lender shall (a) be entitled to receive any greater amount pursuant to <U>Section 2.13</U>, <U>2.14</U>,
<U>2.15</U> or <U>8.5</U> than the designating Lender would have been entitled to receive in respect of the extensions of credit made
by such Conduit Lender or (b) be deemed to have any Commitment.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Consenting Lender</U>&#8221;:&nbsp;&nbsp;as defined in <U>Section 2.3(c)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Connection Income
Taxes</U>&#8221;:&nbsp;&nbsp;Other Connection Taxes that are imposed on or measured by net income (however denominated) or that are franchise Taxes
or branch profits Taxes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Continuing Directors</U>&#8221;:&nbsp;&nbsp;as of any date of determination, any member of the Board of Directors of the Guarantor who (a) was a member of such Board of Directors
on the Closing Date; or (b) was nominated for election, appointed or elected to such Board of Directors with the approval of a majority
of the Continuing Directors who were members of such Board of Directors at the time of such nomination or election (either by a specific
vote or by approval of the Guarantor&#8217;s proxy statement in which such member was named as a nominee for election as a director).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Contractual Obligation</U>&#8221;:&nbsp;&nbsp;as to any Person, any provision of any security issued by such Person or of any agreement, instrument or other undertaking to which such
Person is a party or by which it or any of its property is bound.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Corresponding Tenor</U>&#8221;:&nbsp;&nbsp;with respect to any Available Tenor, as applicable, either a tenor (including overnight) or an interest payment period having approximately
the same length (disregarding business day adjustment) as such Available Tenor.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Daily Report</U>&#8221;:&nbsp;&nbsp;a report prepared by the Servicer on each Business Day required pursuant to Section 4.01 of the Servicing Agreement or <U>Section 5.1(o)</U>
of this Agreement, in substantially the form of Exhibit B attached to the Series 2002-1 Supplement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Daily Simple SOFR</U>&#8221;:&nbsp;&nbsp;for any day, SOFR, with the conventions for this rate (which may include a lookback) being established by the Administrative Agent in
accordance with the conventions for this rate selected or recommended by the Relevant Governmental Body for determining &#8220;Daily Simple
SOFR&#8221; for business loans; <U>provided</U>, that if the Administrative Agent decides that any such convention is not administratively
feasible for the Administrative Agent, then the Administrative Agent may establish another convention in its reasonable discretion.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Declining Lender</U>&#8221;:&nbsp;&nbsp;as defined in <U>Section 2.3(c)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Default</U>&#8221;:&nbsp;&nbsp;any of the events specified in <U>Section&nbsp;6</U>, whether or not any requirement for the giving of notice, the lapse of time, or both,
has been satisfied.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Defaulted Loan</U>&#8221;:&nbsp;&nbsp;any Purchased Loan with respect to which the related Obligor or the Guarantor has failed to make any payment due and owing (whether at
the stated maturity, by acceleration or otherwise) for a period of at least eight (8) days or more.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Defaulting Lender</U>&#8221;:&nbsp;&nbsp;any Lender that (a) has failed to fund any portion of its Loans required to be funded by it hereunder within three (3) Business Days of
the date required to be funded by it hereunder (unless such Lender has indicated in writing to the Borrower or by public statement that
such position is based on such Lender&#8217;s good faith determination that a condition precedent to funding a Loan under this Agreement
cannot be satisfied), (b) has notified the Borrower or the Administrative Agent in writing that it does not intend to comply with any
of its funding obligations under this Agreement or has made a public statement to the effect that it does not intend to comply with its
funding obligations under this Agreement (unless such writing or public statement indicates that such position is based on such Lender&#8217;s
good faith determination that a condition precedent to funding a Loan under this Agreement cannot be satisfied), (c) has otherwise failed
to pay over to the Administrative Agent any other amount required to be paid by it hereunder within three (3) Business Days of the date
when due, unless the subject of a good faith dispute, or (d) has become the subject of a bankruptcy or insolvency proceeding, or has had
a receiver, conservator, trustee or custodian appointed for it, or has indicated its consent to, approval of or acquiescence in any such
proceeding or appointment or has become the subject of a Bail-In Action; <U>provided</U>, that a Lender shall not become a &#8220;Defaulting
Lender&#8221; solely as a result of the acquisition or maintenance of an ownership interest in such Lender or Person controlling such
Lender or the exercise of control over a Lender or Person controlling such Lender by a Governmental Authority or instrumentality thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Delinquent Loan</U>&#8221;:&nbsp;&nbsp;any Purchased Loan (a) with respect to which the related Obligor or the Guarantor has failed to make any payment due and owing (whether
at the stated maturity, by acceleration or otherwise) for a period of at least one (1) day but not greater than seven (7) days or (b)
as to which an Insolvency Event has occurred with respect to the related Obligor.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Designated Obligors</U>&#8221;:&nbsp;&nbsp;the Guarantor and the Subsidiaries of the Guarantor set forth on Schedule IV to the Guaranty Agreement (and their successors) and any
other Subsidiaries of the Guarantor designated by the Guarantor from time to time that satisfy the conditions set forth in the definition
of &#8220;Eligible Obligor&#8221; in Annex X to the Pooling Agreement. Notwithstanding the immediately preceding sentence, with the prior
written consent of the Required Lenders (which consent shall not be unreasonably withheld), the Guarantor may from time to time identify
the Guarantor and certain Subsidiaries that shall not be classified as Designated Obligors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Designated Website</U>&#8221;:&nbsp;&nbsp;as defined in <U>Section 5.3(a)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Dollar Equivalent</U>&#8221;:&nbsp;&nbsp;on any date of determination (a) with respect to any amount denominated in the Base Currency, such amount, and (b) with respect to any
amount denominated in the Optional Currency or any other Master Trust Approved Currency, the equivalent in Dollars of such amount, determined
by the Administrative Agent pursuant to Section 1.2(e) using the Rate of Exchange with respect to such currency on such date in effect
under the provisions of such Section.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Dollars</U>&#8221;
and &#8220;<U>$</U>&#8221;:&nbsp;&nbsp;dollars in lawful currency of the United States.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Early Opt-in Election</U>&#8221;:&nbsp;&nbsp;if the then-current Benchmark with respect to Dollars is LIBO Rate, the occurrence of:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(1)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a
notification by the Administrative Agent to (or the request by the Borrower to the Administrative Agent to notify) each of the other parties
hereto that at least five currently outstanding Dollar-denominated syndicated credit facilities at such time contain (as a result of amendment
or as originally executed) a SOFR-based rate (including SOFR, a term SOFR or any other rate based upon SOFR) as a benchmark rate (and
such syndicated credit facilities are identified in such notice and are publicly available for review), and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(2)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
joint election by the Administrative Agent and the Borrower to trigger a fallback from LIBO Rate and the provision, as applicable, by
the Administrative Agent of written notice of such election to the Borrower and the Lenders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>EEA Financial Institution</U>&#8221;:&nbsp;&nbsp;(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 <U>clause (a)</U> of this
definition, or (c) any institution established in an EEA Member Country which is a subsidiary of an institution described in <U>clauses
(a)</U> or <U>(b)</U> of this definition and is subject to consolidated supervision with its parent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>EEA Member Country</U>&#8221;:&nbsp;&nbsp;any of the member states of the European Union, Iceland, Liechtenstein and Norway.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>EEA Resolution
Authority</U>&#8221;:&nbsp;&nbsp;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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Electronic Signature</U>&#8221;:&nbsp;&nbsp;an electronic sound, symbol, or process attached to, or associated with, a contract or other record and adopted by a Person with the intent
to sign, authenticate or accept such contract or record.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>EMU Legislation</U>&#8221;:&nbsp;&nbsp;the legislative measures of the European Council for the introduction of, change over to or operation of a single unified European currency.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Environmental Laws</U>&#8221;:&nbsp;&nbsp;any and all foreign, Federal, state, local or municipal laws, rules, orders, regulations, statutes, ordinances, codes, decrees, requirements
of any Governmental Authority or other Requirements of Law (including common law) regulating, relating to or imposing liability or standards
of conduct concerning protection of human health or the environment, as now or may at any time hereafter be in effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>ERISA</U>&#8221;:&nbsp;&nbsp;the Employee Retirement Income Security Act of 1974, as amended from time to time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>ERISA Affiliate</U>&#8221;:&nbsp;&nbsp;with respect to any Person, any trade or business (whether or not incorporated) that is a member of a group of which such Person is a
member and which is treated as a single employer under Section 414 of the Code.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>ERISA Event</U>&#8221;:&nbsp;&nbsp;(a) (i) the occurrence of a reportable event, within the meaning of Section 4043 of ERISA, with respect to any Plan unless the 30-day
notice requirement with respect to such event has been waived by the PBGC or (ii) the requirements of Section 4043(b) of ERISA apply with
respect to a contributing sponsor, as defined in Section 4001(a)(13) of ERISA, of a Plan, and an event described in paragraph (9), (10),
(11), (12) or (13) of Section 4043(c) of ERISA is reasonably expected to occur with respect to such Plan within the following thirty (30)
days; (b) any failure by any Plan to satisfy the minimum funding standards (within the meaning of Section 412 of the Code or Section 302
of ERISA) applicable to such Plan, whether or not waived, the filing of an application for a minimum funding waiver with respect to a
Plan, or the failure to make by its due date a required installment under Section 430(j) of the Code with respect to any Plan or the failure
by the Borrower or any of its ERISA Affiliates to make any required contribution to a Multiemployer Plan; (c) the provision by the administrator
of any Plan of a notice of intent to terminate such Plan, pursuant to Section 4041(a)(2) of ERISA (including any such notice with respect
to a plan amendment referred to in Section 4041(e) of ERISA) or the incurrence of any liability under Title IV of ERISA with respect to
the termination of any Plan; (d) the cessation of operations at a facility of the Borrower or any of its ERISA Affiliates in the circumstances
described in Section 4062(e) of ERISA; (e) the withdrawal by the Borrower or any of its ERISA Affiliates from a Multiple Employer Plan
during a plan year for which it was a substantial employer, as defined in Section 4001(a)(2) of ERISA;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-align: justify; text-indent: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-align: justify; text-indent: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0pt">(f) the conditions for imposition
of a lien under Section 303(k) of ERISA shall have been met with respect to any Plan; (g) the adoption of an amendment to a Plan which
could result in the posting of a bond or other security; (h) the institution by the PBGC of proceedings to terminate a Plan pursuant to
Section 4042 of ERISA, or the occurrence of any event or condition described in Section 4042 of ERISA that constitutes grounds for the
termination of, or the appointment of a trustee to administer, such Plan; (i) a determination that any Plan is, or is expected to be,
in &#8220;at risk&#8221; status, within the meaning of Section 430 of the Code; or (j) the receipt by the Borrower or any of its ERISA
Affiliates of a determination that a Multiemployer Plan is in endangered or critical status, within the meaning of Section 432 of the
Code or Section 305 of ERISA.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>EU Bail-In Legislation
Schedule</U>&#8221;:&nbsp;&nbsp;the EU Bail-In Legislation Schedule published by the Loan Market Association (or any successor Person), as in effect
from time to time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Euro</U>&#8221;
and &#8220;<U>EUR</U>&#8221;:&nbsp;&nbsp;the single lawful currency introduced at the start of the third stage of the European Economic and Monetary
Union pursuant to a treaty establishing the European Union (as amended from time to time).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Event of Default</U>&#8221;:&nbsp;&nbsp;any of the events specified in <U>Section 6</U>, <U>provided</U> that any requirement for the giving of notice, the lapse of time, or
both, has been satisfied.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Exchange Act</U>&#8221;:&nbsp;&nbsp;the U.S. Securities Exchange Act of 1934, as amended.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Excluded Taxes</U>&#8221;:&nbsp;&nbsp;any of the following Taxes imposed on, or required to be withheld or deducted from a payment to, a Lender or any other recipient of payment
to be made by or on account of any obligation of the Borrower hereunder:&nbsp;&nbsp;(a) Taxes imposed on or measured by net income (however denominated),
franchise Taxes, and branch profits Taxes, in each case, (i) imposed as a result of such Lender or other recipient being organized under
the laws of, or having its principal office or, in the case of any Lender, its applicable lending office located in, the jurisdiction
imposing such Tax (or any political subdivision thereof) or (ii) that are Other Connection Taxes, (b) in the case of a Lender, U.S. federal
withholding Taxes imposed on amounts payable to or for the account of such Lender with respect to an applicable interest in a Loan pursuant
to a law in effect on the date on which (i) such Lender acquires such interest in the Loan (other than pursuant to an assignment under
<U>Section 2.18</U>) or (ii) such Lender changes its lending office, except in each case to the extent that, pursuant to <U>Section 2.14</U>,
amounts with respect to such Taxes were payable either to such Lender&#8217;s assignor immediately before such Lender became a party hereto
or to such Lender immediately before it changed its lending office, (c) Taxes attributable to the failure by a Lender to comply with <U>Section
2.14(e)</U>, <U>2.14(f)</U>, <U>2.14(g)</U>, <U>2.14(h)</U>, <U>2.14(i)</U> or <U>2.14(j)</U> and (d) any U.S. federal withholding Taxes
imposed under FATCA.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Executive Order</U>&#8221;:&nbsp;&nbsp;Executive Order No. 13224 of September 23, 2001 &#8211; Blocking Property and Prohibiting Transactions With Persons Who Commit, Threaten
To Commit, or Support Terrorism.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Existing Credit
Facility</U>&#8221;:&nbsp;&nbsp;the revolving credit facility provided to the Borrower pursuant to that certain Revolving Credit Agreement, dated
as of December 14, 2018, among the Borrower, Citibank, N.A., as syndication agent, BNP Paribas, Sumitomo Mitsui Banking Corporation and
U.S. Bank National Association, as documentation agents, JPMorgan Chase Bank, N.A., as administrative agent, and the lenders party thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Extension Request</U>&#8221;:&nbsp;&nbsp;as defined in <U>Section 2.3(a)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>FATCA</U>&#8221;:&nbsp;&nbsp;(a) Sections 1471 through 1474 of the Code, as of the date of this Agreement (or any amended or successor version that is substantially
comparable to and not materially more onerous to comply with), any current or future regulations or official interpretations thereof,
and any agreements entered into pursuant to Section 1471(b)(1) of the Code or (b) any treaty, law or regulation of any jurisdiction other
than the United States adopted pursuant to an intergovernmental agreement between the United States and such other jurisdiction, which
facilitates the implementation of any law or regulation referred to in paragraph (a) above.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>FCA</U>&#8221;:&nbsp;&nbsp;as defined in <U>Section 2.11(h)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>FCPA</U>&#8221;:&nbsp;&nbsp;as defined in <U>Section 3.17(a)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Federal Funds Effective
Rate</U>&#8221;:&nbsp;&nbsp;for any day, the rate calculated by the NYFRB based on such day&#8217;s federal funds transactions by depositary institutions,
as determined in such manner as the NYFRB shall set forth on its public website from time to time, and published on the next succeeding
Business Day by the NYFRB as the effective federal funds rate; <U>provided</U> that if the Federal Funds Effective Rate as so determined
would be less than zero, such rate shall be deemed to be zero for the purposes of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Federal Reserve
Board</U>&#8221;:&nbsp;&nbsp;the Board of Governors of the Federal Reserve System of the United States of America.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Final Termination
Date</U>&#8221;:&nbsp;&nbsp;the Original Termination Date or, in respect of Consenting Lenders (and Replacement Lenders, if applicable), if the extension
option under <U>Section 2.3</U> has been exercised, the First Extension Termination Date or the Second Extension Termination Date, as
applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>First Extension
Request</U>&#8221;:&nbsp;&nbsp;as defined in <U>Section 2.3(a)(i)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>First Extension
Termination Date</U>&#8221;:&nbsp;&nbsp;the date falling twelve (12) Months after the Original Termination Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Floor</U>&#8221;:&nbsp;&nbsp;the benchmark rate floor, if any, provided in this Agreement initially (as of the execution of this Agreement, the modification, amendment
or renewal of this Agreement or otherwise) with respect to LIBO Rate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Funding Office</U>&#8221;:&nbsp;&nbsp;the office of the Administrative Agent specified in <U>Section 8.2</U> or such other office as may be specified from time to time by the
Administrative Agent as its funding office by written notice to the Borrower and the Lenders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>GAAP</U>&#8221;:&nbsp;&nbsp;generally accepted accounting principles in the United States as in effect from time to time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Governmental Authority</U>&#8221;:&nbsp;&nbsp;any nation or government, any state or other political subdivision thereof and any entity exercising executive, legislative, judicial,
taxing, regulatory or administrative functions of or pertaining to government (including any supra-national bodies such as the European
Union or European Central Bank).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Group Members</U>&#8221;:&nbsp;&nbsp;the collective reference to the Borrower, the Guarantor and the Designated Obligors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Guarantee Obligation</U>&#8221;:&nbsp;&nbsp;as to any Person (the &#8220;<U>guaranteeing person</U>&#8221;), any obligation of (a) the guaranteeing person or (b) another Person (including
any bank under any letter of credit) with respect to which the guaranteeing person has issued a reimbursement, counterindemnity or similar
obligation, in either case guaranteeing or in effect guaranteeing any Indebtedness, leases, dividends or other obligations (the &#8220;<U>primary
obligations</U>&#8221;) of any other third Person (the &#8220;<U>primary obligor</U>&#8221;) in any manner, whether directly or indirectly,
including any obligation of the guaranteeing person, whether or not contingent, (i) to purchase any such primary obligation or any property
constituting direct or indirect security therefor, (ii) to advance or supply funds (1) for the purchase or payment of any such primary
obligation or (2) to maintain working capital or equity capital of the primary obligor or otherwise to maintain the net worth or solvency
of the primary obligor, (iii) to purchase property, securities or services primarily for the purpose of assuring the owner of any such
primary obligation of the ability of the primary obligor to make payment of such primary obligation or (iv) otherwise to assure or hold
harmless the owner of any such primary obligation against loss in respect thereof; <U>provided</U>, <U>however</U>, that the term Guarantee
Obligation shall not include endorsements of instruments for deposit or collection in the ordinary course of business. The amount of any
Guarantee Obligation of any guaranteeing person shall be deemed to be the lower of (a) an amount equal to the stated or determinable amount
of the primary obligation in respect of which such Guarantee Obligation is made and (b) the maximum amount for which such guaranteeing
person may be liable pursuant to the terms of the instrument embodying such Guarantee Obligation, unless such primary obligation and the
maximum amount for which such guaranteeing person may be liable are not stated or determinable, in which case the amount of such Guarantee
Obligation shall be such guaranteeing person&#8217;s maximum reasonably anticipated liability in respect thereof as determined by the
Borrower in good faith.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Guarantor</U>&#8221;:&nbsp;&nbsp;Bunge Limited, a company incorporated under the laws of Bermuda, as guarantor pursuant to the Guaranty Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Guaranty Agreement</U>&#8221;:&nbsp;&nbsp;the Guaranty to be executed and delivered by the Guarantor, substantially in the form of <U>Exhibit A</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Hedge Agreements</U>&#8221;:&nbsp;&nbsp;all swaps, caps or collar agreements or similar arrangements dealing with interest rates or currency exchange rates or the exchange of
nominal interest obligations, either generally or under specific contingencies.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Hedge Termination
Amounts</U>&#8221;:&nbsp;&nbsp;as the context requires hereunder, all amounts (i) due and owing by the Borrower or (ii) received by the Borrower,
in each case in connection with the termination of a Hedge Agreement entered into by the Borrower.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>IBA</U>&#8221;:&nbsp;&nbsp;as defined in <U>Section 1.3</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Impacted Interest
Period</U>&#8221;:&nbsp;&nbsp;as defined in the definition of &#8220;LIBO Rate.&#8221;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Increasing Lender</U>&#8221;:&nbsp;&nbsp;as defined in <U>Section 2.1(b)(ii)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Indebtedness</U>&#8221;:&nbsp;&nbsp;as to any Person, without duplication, (a) all obligations of such Person for borrowed money, (b) all obligations of such Person evidenced
by bonds, debentures, notes or other similar instruments, (c) all obligations of such Person to pay the deferred purchase price of property,
except trade accounts payable arising in the ordinary course of business, (d) all obligations of such Person as lessee which are capitalized
in accordance with GAAP other than any liability in respect of a lease which would, in accordance with GAAP in effect prior to December
15, 2018, have been treated as an operating lease, (e) all obligations of such Person created or arising under any conditional sales or
other title retention agreement with respect to any property acquired by such Person (including without limitation, obligations under
any such agreement which provides that the rights and remedies of the seller or lender thereunder in the event of default are limited
to repossession or sale of such property), (f) all obligations of such Person with respect to letters of credit and similar instruments,
including without limitation obligations under reimbursement agreements, (g) all Indebtedness of others secured by (or for which the holder
of such Indebtedness has an existing right, contingent or otherwise, to be secured by) a Lien on any asset of such Person, whether or
not such Indebtedness is assumed by such Person and (h) all Guarantee Obligations of such Person (other than guarantees of obligations
of direct or indirect Subsidiaries of such Person).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Indemnified Liabilities</U>&#8221;:&nbsp;&nbsp;as defined in <U>Section 8.5</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Indemnified Taxes</U>&#8221;:&nbsp;&nbsp;(a) Taxes, other than Excluded Taxes, imposed on or with respect to any payment made by or on account of any obligation of any Loan Party
under any Loan Document and (b) to the extent not otherwise described in clause (a) above, Other Taxes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Indemnitee</U>&#8221;:&nbsp;&nbsp;as defined in <U>Section 8.5</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Ineligible Institution</U>&#8221;:&nbsp;&nbsp;(a) a natural Person, (b) a Defaulting Lender or (c) a holding company, investment vehicle or trust for, or owned and operated for the
primary benefit of, a natural person or relative(s) thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Insolvency Event</U>&#8221;:&nbsp;&nbsp;as defined in Annex X to the Pooling Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Interest Payment
Date</U>&#8221;:&nbsp;&nbsp;(a) as to any ABR Loan, the last day of each March, June, September and December to occur while such Loan is outstanding
and the final maturity date of such Loan, (b)&nbsp;as to any Term Benchmark Loan having an Interest Period of three (3) Months or less,
the last day of such Interest Period, (c)&nbsp;as to any Term Benchmark Loan having an Interest Period longer than three (3) Months, each
day that is three (3) Months, or a whole multiple thereof, after the first day of such Interest Period and the last day of such Interest
Period and (d)&nbsp;as to any Loan, the date of any repayment or prepayment made in respect thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Interest Period</U>&#8221;:&nbsp;&nbsp;as to any Term Benchmark Loan, (a) initially, the period commencing on the borrowing or conversion date, as the case may be, with respect
to such Term Benchmark Loan, and ending one, three or six Months thereafter, as selected by the Borrower in its notice of borrowing or
notice of conversion, as the case may be, given with respect thereto; and (b) thereafter, each period commencing on the last day of the
immediately preceding Interest Period applicable to such Term Benchmark Loan, and ending one, three or six Months thereafter, as selected
by the Borrower by irrevocable notice to the Administrative Agent not later than (x) with respect to a Term Benchmark Loan denominated
in the Base Currency, 10:00 A.M., New York City time, on the date that is three (3) Business Days prior to the last day of the then current
Interest Period with respect thereto and (y) with respect to a Term Benchmark Loan denominated in the Optional Currency, 10:00 A.M., New
York City time, on the date that is four (4) Business Days prior to the last day of the then current Interest Period with respect thereto;
<U>provided</U> that, all of the foregoing provisions relating to Interest Periods are subject to the following:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(i) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;if
any Interest Period would otherwise end on a day that is not a Business Day, such Interest Period shall be extended to the next succeeding
Business Day unless the result of such extension would be to carry such Interest Period into another calendar month in which event such
Interest Period shall end on the immediately preceding Business Day;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(ii) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Borrower may not select an Interest Period that would extend beyond the Final Termination Date;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(iii) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any
Interest Period that begins on the last Business Day of a calendar month (or on a day for which there is no numerically corresponding
day in the calendar month at the end of such Interest Period) shall end on the last Business Day of a calendar month; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(iv) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Borrower shall select Interest Periods so as not to require a payment or prepayment of the principal of any Term Benchmark Loan during
an Interest Period for such Loan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Interpolated Rate</U>&#8221;:&nbsp;&nbsp;with respect to any currency at any time, for any Interest Period, the rate per annum (rounded to the same number of decimal places as
the LIBO Screen Rate) determined by the Administrative Agent (which determination shall be conclusive and binding absent manifest error)
to be equal to the rate that results from interpolating on a linear basis between:&nbsp;&nbsp;(a) the LIBO Screen Rate for the longest period for
which the LIBO Screen Rate is available for the applicable currency that is shorter than the Impacted Interest Period; and (b) the LIBO
Screen Rate for the shortest period (for which that LIBO Screen Rate is available for the applicable currency) that exceeds the Impacted
Interest Period, in each case, at such time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Investor Certificateholder</U>&#8221;:&nbsp;&nbsp;as defined in Annex X to the Pooling Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">&#8220;<U>ISDA Definitions</U>&#8221;:&nbsp;&nbsp;the 2006
ISDA Definitions published by the International Swaps and Derivatives Association, Inc. or any successor thereto, as amended or supplemented
from time to time, or any successor definitional booklet for interest rate derivatives published from time to time by the International
Swaps and Derivatives Association, Inc. or such successor thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Judgment Currency</U>&#8221;:&nbsp;&nbsp;as defined in <U>Section 2.19(b)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Lender Affiliate</U>&#8221;:&nbsp;&nbsp;(a) any Affiliate of any Lender, (b) any Person that is administered or managed by any Lender or any Affiliate of any Lender and that
is engaged in making, purchasing, holding or otherwise investing in commercial loans and similar extensions of credit in the ordinary
course of its business and (c) with respect to any Lender which is a fund that invests in commercial loans and similar extensions of credit,
any other fund that invests in commercial loans and similar extensions of credit and is managed or advised by the same investment advisor
as such Lender or by an Affiliate of such Lender or investment advisor.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Lender-Related
Party</U>&#8221;:&nbsp;&nbsp;as defined in <U>Section 8.5</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Lenders</U>&#8221;:&nbsp;&nbsp;as defined in the preamble hereto; <U>provided</U>, that unless the context otherwise requires, each reference herein to the Lenders shall
be deemed to include any Conduit Lender.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Level I</U>&#8221;,
&#8220;<U>Level II</U>&#8221;, &#8220;<U>Level III</U>&#8221;, &#8220;<U>Level IV</U>&#8221; and &#8220;<U>Level V</U>&#8221;:&nbsp;&nbsp;the respective
Level set forth below:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="width: 70%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 32%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 32%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><U>S&amp;P</U></TD>
    <TD STYLE="width: 36%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><U>Moody&#8217;s</U></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">Level I</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">A- or higher</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">A3 or higher</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">Level II</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">BBB+</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">Baa1</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">Level III</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">BBB</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">Baa2</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">Level IV</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">BBB-</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">Baa3</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">Level V</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">BB+ or lower</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">Ba1 or lower</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"><U>provided</U> that if on any day the Applicable
Moody&#8217;s Rating and the Applicable S&amp;P Rating do not coincide for any rating category and the Level differential is (x) one level,
then the higher of the Applicable S&amp;P Rating or the Applicable Moody&#8217;s Rating will be the applicable Level; (y) two levels,
the Level at the midpoint will be the applicable Level; and (z) more than two levels, the highest of the intermediate Levels will be the
applicable Level; <U>provided</U>&nbsp;<U>further</U> that if on any day, neither the Applicable Moody&#8217;s Rating nor the Applicable S&amp;P Rating
is available, the applicable Level shall be Level V.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">&#8220;<U>Liabilities</U>&#8221;:&nbsp;&nbsp;any losses,
claims (including intraparty claims), demands, damages or liabilities of any kind.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>LIBO Rate</U>&#8221;:&nbsp;&nbsp;with respect to any Term Benchmark Borrowing for any applicable currency and for any Interest Period, the LIBO Screen Rate at approximately
11:00 a.m., London time (or in the case of Euro, Brussels time), two (2) Business Days prior to the commencement of such Interest Period;
provided that if the LIBO Screen Rate shall not be available at such time for such Interest Period (an &#8220;<U>Impacted Interest Period</U>&#8221;)
with respect to the applicable currency then the LIBO Rate shall be the Interpolated Rate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>LIBO Screen Rate</U>&#8221;:&nbsp;&nbsp;for any day and time, with respect to any Term Benchmark Borrowing in Dollars and for any Interest Period, the London interbank offered
rate as administered by ICE Benchmark Administration (or any other Person that takes over the administration of such rate for Dollars)
and with respect to any Term Benchmark Borrowing in Euro and for any Interest Period, the euro interbank offered rate administered by
the European Money Markets Institute (or any other Person that takes over the administration of such rate for Euro) for a period equal
in length to such Interest Period as displayed on such day and time on pages LIBOR01 or LIBOR02, in the case of Dollars, or EURIBOR01,
in the case of Euro, respectively, of the Reuters screen that displays such rate (or, in the event such rate does not appear on a Reuters
page or screen, on any successor or substitute page on such screen that displays such rate, or on the appropriate page of such other information
service that publishes such rate from time to time as selected by the Administrative Agent in consultation with the Borrower); <U>provided</U>
that if the LIBO Screen Rate as so determined would be less than zero, such rate shall be deemed to be zero for the purposes of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>LIBO Successor
Rate</U>&#8221;:&nbsp;&nbsp;as defined in <U>Section 2.11</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Lien</U>&#8221;:&nbsp;&nbsp;with respect to any asset, (a) any mortgage, deed of trust, lien, pledge, encumbrance, charge or security interest in or on such asset
and (b) the interest of a vendor or a lessor under any conditional sale agreement, capital lease or title retention agreement relating
to such asset.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Loan</U>&#8221;:&nbsp;&nbsp;any loan made by any Lender pursuant to this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Loan Documents</U>&#8221;:&nbsp;&nbsp;this Agreement, the Guaranty Agreement and the Notes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Loan Parties</U>&#8221;:&nbsp;&nbsp;each Group Member that is a party to a Loan Document.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Mandatory CP Wind-Down
Event</U>&#8221;:&nbsp;&nbsp;as defined in Annex X to the Pooling Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Master Trust</U>&#8221;:&nbsp;&nbsp;the Bunge Master Trust created by the Pooling Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Master Trust Approved
Currency</U>&#8221;:&nbsp;&nbsp;Dollars, Euro, Sterling and Yen.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Material Adverse
Effect</U>&#8221;:&nbsp;&nbsp;(a) a material adverse effect on the business, property, operations, condition (financial or otherwise) or prospects
of the Borrower or of the Guarantor and its consolidated Subsidiaries taken as a whole, (b) a material impairment of the collectability
of the Purchased Loans taken as a whole or (c) a material impairment of the validity or enforceability of this Agreement or any of the
other Loan Documents or of the Transaction Documents or the rights or remedies of the Administrative Agent or the Lenders against the
Borrower or the Guarantor hereunder or under the other Loan Documents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Month</U>&#8221;:&nbsp;&nbsp;a period starting on one day in a calendar month and ending on the numerically corresponding day in the next calendar month, except that
(a) (subject to paragraph (c) below) if the numerically corresponding day is not a Business Day, that period shall end on the next Business
Day in that calendar month in which that period is to end if there is one, or if there is not, on the immediately preceding Business Day;
(b) if there is no numerically corresponding day in the calendar month in which that period is to end, that period shall end on the last
Business Day in that calendar month; and (c) if an Interest Period begins on the last Business Day of a calendar month, that Interest
Period shall end on the last Business Day in the calendar month in which that Interest Period is to end.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Monthly Settlement
Statement</U>&#8221;:&nbsp;&nbsp;as defined in Annex X to the Pooling Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Moody&#8217;s</U>&#8221;:&nbsp;&nbsp;Moody&#8217;s Investors Service, Inc. or any successor thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Multiemployer Plan</U>&#8221;:&nbsp;&nbsp;with respect to any Person, a multiemployer plan as defined in Section 4001(a)(3) of ERISA to which such Person or any ERISA Affiliate
of such Person (other than one considered an ERISA Affiliate only pursuant to subsection (m) or (o) of Section 414 of the Code) is making
or accruing an obligation to make contributions, or has within any of the preceding five plan years made or accrued an obligation to make
contributions.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Multiple Employer
Plan</U>&#8221;:&nbsp;&nbsp;a single employer plan, as defined in Section 4001(a)(15) of ERISA, that (a) is maintained for employees of the Borrower
or any of its ERISA Affiliates and at least one Person other than the Borrower and its ERISA Affiliates or (b) was so maintained and in
respect of which the Borrower or any of its ERISA Affiliates could have liability under Section 4064 or 4069 of ERISA in the event such
plan has been or were to be terminated.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Non-U.S. Lender</U>&#8221;:&nbsp;&nbsp;as defined in <U>Section 2.14(e)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Notes</U>&#8221;:&nbsp;&nbsp;the collective reference to any promissory note evidencing Loans.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>NYFRB</U>&#8221;:&nbsp;&nbsp;the Federal Reserve Bank of New York.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>NYFRB Rate</U>&#8221;:&nbsp;&nbsp;for any day, the greater of (a) the Federal Funds Effective Rate in effect on such day and (b) the Overnight Bank Funding Rate in effect
on such day (or for any day that is not a Business Day, for the immediately preceding Business Day); <U>provided</U>, that if none of
such rates are published for any day that is a Business Day, the term &#8220;NYFRB Rate&#8221; means the rate for a federal funds transaction
quoted at 11:00 a.m. on such day received by the Administrative Agent from a federal funds broker of recognized standing selected by it;
<U>provided</U>, <U>further</U>, that if any of the aforesaid rates as so determined be less than zero, such rate shall be deemed to be
zero for purposes of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Obligations</U>&#8221;:&nbsp;&nbsp;the unpaid principal of and interest on (including interest accruing after the maturity of the Loans and interest accruing after the filing
of any petition in bankruptcy, or the commencement of any insolvency, reorganization or like proceeding, relating to the Borrower, whether
or not a claim for post-filing or post-petition interest is allowed in such proceeding) the Loans and all other obligations and liabilities
of the Borrower to the Administrative Agent or to any Lender, whether direct or indirect, absolute or contingent, due or to become due,
or now existing or hereafter incurred, which may arise under, out of, or in connection with, this Agreement, any other Loan Document or
any other document made, delivered or given in connection herewith or therewith, whether on account of principal, interest, reimbursement
obligations, fees, indemnities, costs, expenses (including all fees, charges and disbursements of counsel to the Administrative Agent
or to any Lender that are required to be paid by the Borrower pursuant hereto) or otherwise.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Obligor</U>&#8221;:&nbsp;&nbsp;as defined in Annex X to the Pooling Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>OFAC</U>&#8221;:&nbsp;&nbsp;as defined in the definition of &#8220;Sanctions.&#8221;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Optional Currency</U>&#8221;:&nbsp;&nbsp;Euro.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Original Termination
Date</U>&#8221;:&nbsp;&nbsp;July 16, 2026.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Other Benchmark
Rate Election</U>&#8221;:&nbsp;&nbsp;with respect to any Loan denominated in Dollars, if the then-current Benchmark is the LIBO Rate, the occurrence
of:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(a) a request by the Borrower
to the Administrative Agent to notify each of the other parties hereto that, at the determination of the Borrower, Dollar-denominated
syndicated credit facilities at such time contain (as a result of amendment or as originally executed), in lieu of a LIBOR-based rate,
a term benchmark rate as a benchmark rate, and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(b) the Administrative Agent,
in its sole discretion, and the Borrower jointly elect to trigger a fallback from the LIBO Rate and the provision, as applicable, by the
Administrative Agent of written notice of such election to the Borrower and the Lenders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Other Connection
Taxes</U>&#8221;:&nbsp;&nbsp;with respect to a Lender or any other recipient of payment to be made by or on account of any obligation of the Borrower
hereunder, Taxes imposed as a result of a present or former connection between such Lender or other recipient and the jurisdiction imposing
such Tax (other than connections arising from such Lender or other recipient having executed, delivered, become a party to, performed
its obligations under, received payments under, received or perfected a security interest under, engaged in any other transaction pursuant
to or enforced any Loan Document, or sold or assigned an interest in any Loan or Loan Document).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Other Lender</U>&#8221;:&nbsp;&nbsp;as defined in <U>Section 2.1(b)(i)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Other Taxes</U>&#8221;:&nbsp;&nbsp;any and all present or future stamp or documentary Taxes or any other excise or property Taxes, charges or similar levies arising from
any payment made hereunder or from the execution, delivery or enforcement of, or otherwise with respect to, this Agreement or any other
Loan Document.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Overnight Bank
Funding Rate</U>&#8221;:&nbsp;&nbsp;for any day, the rate comprised of both overnight federal funds and overnight Term Benchmark borrowings for Dollars
by U.S.-managed banking offices of depository institutions, as such composite rate shall be determined by the NYFRB as set forth on its
public website from time to time, and published on the next succeeding Business Day by the NYFRB as an overnight bank funding rate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Pari Passu
Indebtedness</U>&#8221;:&nbsp;&nbsp;the Dollar Equivalent of (i) Indebtedness for borrowed money, the proceeds of which are used
to either increase the Series 2002-1 Invested Amount, refinance Indebtedness originally used for such purpose and/or pay expenses
incurred in connection with this Agreement or any such other Indebtedness, and (ii) indebtedness incurred in connection with Hedge
Agreements entered into in connection with the Loans hereunder and any Pari Passu Indebtedness described in clause (i) above,
in each case which ranks not greater than <U>pari</U>&nbsp;<U>passu</U> (in priority of payment) with the Loans.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Participant</U>&#8221;:&nbsp;&nbsp;as defined in <U>Section 8.6(b)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Participant Register</U>&#8221;:&nbsp;&nbsp;as defined in <U>Section 8.6(b)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Participating Member
State</U>&#8221;:&nbsp;&nbsp;each state so described in any EMU Legislation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Patriot Act</U>&#8221;:&nbsp;&nbsp;as defined in <U>Section 8.18</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Payment</U>&#8221;:&nbsp;&nbsp;as defined in <U>Section 7.13</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Payment Notice</U>&#8221;:&nbsp;&nbsp;as defined in <U>Section 7.13</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Payment Period</U>&#8221;:&nbsp;&nbsp;a period commencing on a date on which the Loans (with accrued interest thereon) and all other amounts owing under this Agreement and
the other Loan Documents have become due and payable (whether at the stated maturity, by acceleration or otherwise) and ending on the
date the Loans (with accrued interest thereon) and all such other amounts are paid in full by the Borrower or the Guarantor.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Payment Recipient</U>&#8221;:&nbsp;&nbsp;as defined in <U>Section 7.13(a)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>PBGC</U>&#8221;:&nbsp;&nbsp;the Pension Benefit Guaranty Corporation established pursuant to Subtitle A of Title IV of ERISA and any Person succeeding to the functions
thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Performing Lender</U>&#8221;:&nbsp;&nbsp;any Lender that is a Defaulting Lender solely as a result of the occurrence of an event described in clause (d) of the definition of Defaulting
Lender that following such event continues to perform all of its obligations under this Agreement and any other Loan Document, and has
not been replaced or repaid in accordance with <U>Section 2.18(b)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Permitted Indebtedness</U>&#8221;:&nbsp;&nbsp;(a) Indebtedness of the Borrower pursuant to this Agreement and (b) Pari Passu Indebtedness.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Permitted Parties</U>&#8221;:&nbsp;&nbsp;as defined in <U>Section 8.14</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Person</U>&#8221;:&nbsp;&nbsp;an individual, partnership, corporation, limited liability company, business trust, joint stock company, trust, unincorporated association,
joint venture, Governmental Authority or other entity of whatever nature.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Plan</U>&#8221;:&nbsp;&nbsp;a Single Employer Plan or a Multiple Employer Plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Plan Asset Regulations</U>&#8221;:&nbsp;&nbsp;29 CFR &sect; 2510.3-101 et seq., as modified by Section 3(42) of ERISA, as amended from time to time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Pooling Agreement</U>&#8221;:&nbsp;&nbsp;the Sixth Amended and Restated Pooling Agreement, dated as of August 31, 2020, among Bunge Funding, Bunge Management Services, Inc., as
servicer and the Trustee named therein, as the same may be amended, restated, supplemented or otherwise modified from time to time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Potential Series
2002-1 Early Amortization Event</U>&#8221;:&nbsp;&nbsp;an event which, with the giving of notice or the lapse of time or both, would constitute a
Series 2002-1 Early Amortization Event.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Prime Rate</U>&#8221;:&nbsp;&nbsp;the rate of interest last quoted by The Wall Street Journal as the &#8220;Prime Rate&#8221; in the U.S. or, if The Wall Street Journal
ceases to quote such rate, the highest per annum interest rate published by the Federal Reserve Board in Federal Reserve Statistical Release
H.15 (519) (Selected Interest Rates) as the &#8220;bank prime loan&#8221; rate or, if such rate is no longer quoted therein, any similar
rate quoted therein (as determined by the Administrative Agent) or any similar release by the Federal Reserve Board (as determined by
the Administrative Agent). Each change in the Prime Rate shall be effective from and including the date such change is publicly announced
or quoted as being effective; <U>provided</U> that, if the Prime Rate as so determined would be less than zero, such rate shall be deemed
zero for purposes of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>PTE</U>&#8221;:&nbsp;&nbsp;a prohibited transaction class exemption issued by the U.S. Department of Labor, as any such exemption may be amended from time to time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Purchased Loans</U>&#8221;:&nbsp;&nbsp;as defined in Annex X to the Pooling Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Rate of Exchange</U>&#8221;:&nbsp;&nbsp;as of the relevant date, the rate of exchange set forth on the relevant page of the Reuters screen on or about 11:00 A.M., New York time,
for the purchase of (as the context shall require) a Master Trust Approved Currency with any other Master Trust Approved Currency on such
date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Reference Time</U>&#8221;:&nbsp;&nbsp;with respect to any setting of the then-current Benchmark, (1) if such Benchmark is LIBO Rate with respect to Dollars, 11:00 a.m. (London
time) on the day that is two London banking days preceding the date of such setting, (2) if such Benchmark is LIBO Rate, with respect
to Euros, 11:00 a.m. Brussels time two TARGET Days preceding the date of such setting, and (3) if such Benchmark is not LIBO Rate, the
time determined by the Administrative Agent in its reasonable discretion.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Register</U>&#8221;:&nbsp;&nbsp;as defined in <U>Section 8.6(d)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Regulation D</U>&#8221;:&nbsp;&nbsp;Regulation D of the Federal Reserve Board, as in effect from time to time and all official rulings and interpretations thereunder or thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Regulation U</U>&#8221;:&nbsp;&nbsp;Regulation U of the Federal Reserve Board, as in effect from time to time and all official rulings and interpretations thereunder or thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Regulation X</U>&#8221;:&nbsp;&nbsp;Regulation X of the Federal Reserve Board, as in effect from time to time and all official rulings and interpretations thereunder or thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Relevant Governmental
Body</U>&#8221;:&nbsp;&nbsp;(i) with respect to a Benchmark Replacement in respect of Loans denominated in Dollars, the Board of Governors of the
Federal Reserve System or the Federal Reserve Bank of New York, or a committee officially endorsed or convened by the Board of Governors
of the Federal Reserve System or the Federal Reserve Bank of New York, or any successor thereto, (ii) with respect to a Benchmark Replacement
in respect of Loans denominated in Euros, the European Central Bank, or a committee officially endorsed or convened by the European Central
Bank or, in each case, any successor thereto and (iii) with respect to a Benchmark Replacement in respect of Loans denominated in any
other currency, (a) the central bank for the currency in which such Benchmark Replacement is denominated or any central bank or other
supervisor which is responsible for supervising either (1) such Benchmark Replacement or (2) the administrator of such Benchmark Replacement
or (b) any working group or committee officially endorsed or convened by (1) the central bank for the currency in which such Benchmark
Replacement is denominated, (2) any central bank or other supervisor that is responsible for supervising either (A) such Benchmark Replacement
or (B) the administrator of such Benchmark Replacement, (3) a group of those central banks or other supervisors or (4) the Financial Stability
Board or any part thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Replacement Lender</U>&#8221;:&nbsp;&nbsp;as defined in <U>Section 2.3(e)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Required Lenders</U>&#8221;:&nbsp;&nbsp;at any time, the holders of more than 50% of the Aggregate Exposure Percentage.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Requirement of
Law</U>&#8221;:&nbsp;&nbsp;as to any Person, the Certificate of Incorporation and By&#45;Laws or other organizational or governing documents of such
Person, and any law, treaty, rule or regulation or determination of an arbitrator or a court or other Governmental Authority, in each
case applicable to or binding upon such Person or any of its property or to which such Person or any of its property is subject.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Resolution Authority</U>&#8221;:&nbsp;&nbsp;an EEA Resolution Authority or, with respect to any UK Financial Institution, a UK Resolution Authority.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Responsible Officer</U>&#8221;:&nbsp;&nbsp;as to any Person, any member of the Board of Directors, the Chief Executive Officer, the President, the Chief Financial Officer, the Treasurer
or any Vice President of such Person or any other officer of such Person customarily performing functions similar to those performed by
any of the above-designated officers.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Restricted Person</U>&#8221;:&nbsp;&nbsp;a Person that is (a) listed on, or owned 50% or more by or controlled by a Person listed on any applicable Sanctions List; or (b) located
in, a resident of, organized under the laws of, or owned or controlled by, or acting on behalf of, a Person located in or organized under
the laws of a country or territory that is or whose government is the target of any applicable country-wide Sanctions. For the purposes
of this definition, &#8220;control&#8221; means the possession of the power to direct or cause the direction of the management or policies
of a Person, whether through the ability to exercise voting power, by contract or otherwise. The term &#8220;controlled&#8221; has the
meaning correlative thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>S&amp;P</U>&#8221;:&nbsp;&nbsp;S&amp;P Global Ratings or any successor thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Sale Agreement</U>&#8221;:&nbsp;&nbsp;the Second Amended and Restated Sale Agreement, dated as of September 6, 2002, among Bunge Funding, as Buyer, Bunge Finance Limited, a
Bermuda company, as a Seller, and Bunge Finance North America, Inc., a Delaware corporation, as a Seller, as the same may be amended,
supplemented or otherwise modified from time to time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Sanctions</U>&#8221;:&nbsp;&nbsp;any applicable economic sanctions laws, regulations, embargoes or restrictive measures administered, enacted or enforced by:&nbsp;&nbsp;(i) the United
States government; (ii) the United Nations; (iii) the European Union; (iv) the United Kingdom; (v) the relevant authorities of Switzerland;
or (vi) the respective governmental institutions and agencies of any of the foregoing, including without limitation, the Office of Foreign
Assets Control of the US Department of the Treasury (&#8220;<U>OFAC</U>&#8221;), the United States Department of State, and Her Majesty&#8217;s
Treasury (together &#8220;<U>Sanctions Authorities</U>&#8221;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Sanctions Authorities</U>&#8221;:&nbsp;&nbsp;as defined in the definition of &#8220;<U>Sanctions</U>.&#8221;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Sanctions List</U>&#8221;:&nbsp;&nbsp;means any applicable list issued, maintained or made public by any of the Sanctions Authorities, including, but not limited to the &#8220;Specially
Designated Nationals and Blocked Persons&#8221; list issued by OFAC, the Consolidated List of Financial Sanctions Targets issued by Her
Majesty&#8217;s Treasury, or any similar applicable list issued or maintained or made public by any of the Sanctions Authorities.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Second Extension
Request</U>&#8221;:&nbsp;&nbsp;as defined in <U>Section 2.3(a)(ii)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Second Extension
Termination Date</U>&#8221;:&nbsp;&nbsp;either (a) the date falling twelve (12) Months after the First Extension Termination Date; or (b) if the
First Extension Request has not been granted or, with respect to Lenders who have refused the First Extension Request, the date falling
twenty-four (24) Months after the Original Termination Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Series</U>&#8221;:&nbsp;&nbsp;as defined in Annex X to the Pooling Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Series 2002-1 Accrued
Interest</U>&#8221;:&nbsp;&nbsp;as defined in Annex X to the Pooling Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Series 2002-1 Allocated
Loan Amount</U>&#8221;:&nbsp;&nbsp;as defined in Annex X to the Pooling Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Series 2002-1 Collection
Subaccount</U>&#8221;:&nbsp;&nbsp;as defined in Annex X to the Pooling Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Series 2002-1 Early
Amortization Event</U>&#8221;:&nbsp;&nbsp;as defined in Annex X to the Pooling Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Series 2002-1 Invested
Amount</U>&#8221;:&nbsp;&nbsp;as defined in Annex X to the Pooling Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Series 2002-1 Supplement</U>&#8221;:&nbsp;&nbsp;the Eighth Amended and Restated Series 2002-1 Supplement to the Pooling Agreement, dated as of January 27, 2021, among the Borrower, Bunge
Funding, Bunge Management Services, Inc., as Servicer and The Bank of New York Mellon, as Trustee, as the same may be amended, restated,
supplemented or otherwise modified from time to time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Series 2002-1 VFC</U>&#8221;:&nbsp;&nbsp;the interest in the Master Trust created and authorized pursuant to the Series 2002-1 Supplement and the Pooling Agreement that is designated
as the &#8220;Series 2002-1 VFC Certificate&#8221; pursuant to the Series 2002-1 Supplement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Servicer</U>&#8221;:&nbsp;&nbsp;Bunge Management Services, Inc., a Delaware corporation, and any &#8220;Successor Servicer&#8221; (as defined in Annex X to the Pooling
Agreement).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Servicing Agreement</U>&#8221;:&nbsp;&nbsp;the Third Amended and Restated Servicing Agreement, dated as of December 23, 2003, among Bunge Funding, the Servicer, and The Bank of
New York Mellon, as Trustee, as the same may be amended, restated, supplemented or otherwise modified from time to time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Single Employer
Plan</U>&#8221;:&nbsp;&nbsp;a single employer plan, as defined in Section 4001(a)(15) of ERISA, that (a) is maintained for employees of the Borrower
or any of its ERISA Affiliates and no Person other than the Borrower and its ERISA Affiliates or for which the Borrower or any of its
ERISA Affiliates has liability, whether direct or contingent or (b) was so maintained and in respect of which the Borrower or any of its
ERISA Affiliates could have liability under Section 4069 of ERISA in the event such plan has been or were to be terminated.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>SOFR</U>&#8221;:&nbsp;&nbsp;with respect to any Business Day, a rate per annum equal to the secured overnight financing rate for such Business Day published by the
SOFR Administrator on the SOFR Administrator&#8217;s Website on the immediately succeeding Business Day.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>SOFR Administrator</U>&#8221;:&nbsp;&nbsp;the Federal Reserve Bank of New York (or a successor administrator of the secured overnight financing rate).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>SOFR Administrator&#8217;s
Website</U>&#8221;:&nbsp;&nbsp;the website of the Federal Reserve Bank of New York, currently at http://www.newyorkfed.org, or any successor source
for the secured overnight financing rate identified as such by the SOFR Administrator from time to time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Solvent</U>&#8221;:&nbsp;&nbsp;with respect to any Person on a particular date, that on such date (a) the fair value of the property of such Person is greater than the
total amount of liabilities, including, without limitation, contingent liabilities, of such Person, (b) the present fair salable value
of the assets of such Person is not less than the amount that will be required to pay the probable liability of such Person on its debts
as they become absolute and matured, (c) such Person does not intend to, and does not believe that it will, incur debts or liabilities
beyond such Person&#8217;s ability to pay such debts and liabilities as they mature and (d) such Person is not engaged in business or
a transaction, and is not about to engage in business or a transaction, for which such Person&#8217;s property would constitute an unreasonably
small capital. The amount of contingent liabilities at any time shall be computed as the amount that, in the light of all the facts and
circumstances existing at such time, represents the amount that can reasonably be expected to become an actual or matured liability.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Statutory Reserve
Rate</U>&#8221;:&nbsp;&nbsp;a fraction (expressed as a decimal), the numerator of which is the number one and the denominator of which is the number
one <U>minus</U> the aggregate of the maximum reserve percentages (including any marginal, special, emergency or supplemental reserves)
expressed as a decimal established by the Federal Reserve Board to which the Administrative Agent is subject with respect to the Adjusted
LIBO Rate, for eurocurrency funding (currently referred to as &#8220;Eurocurrency liabilities&#8221; in Regulation D) or any other reserve
ratio or analogous requirement of any central banking or financial regulatory authority imposed in respect of the maintenance of the Commitments
or the funding of the Loans. Such reserve percentages shall include those imposed pursuant to such Regulation D. Term Benchmark Loans
shall be deemed to constitute eurocurrency funding and to be subject to such reserve requirements without benefit of or credit for proration,
exemptions or offsets that may be available from time to time to any Lender under such Regulation D or any comparable regulation. The
Statutory Reserve Rate shall be adjusted automatically on and as of the effective date of any change in any reserve percentage.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Sterling</U>&#8221;:&nbsp;&nbsp;the lawful currency of the United Kingdom of Great Britain and Northern Ireland.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Subsidiary</U>&#8221;:&nbsp;&nbsp;as to any Person, a corporation, partnership, limited liability company or other entity of which shares of stock or other ownership interests
having ordinary voting power (other than stock or such other ownership interests having such power only by reason of the happening of
a contingency) to elect a majority of the board of directors or other managers of such corporation, partnership or other entity are at
the time owned directly or indirectly through one or more intermediaries, or both, by such Person. Unless otherwise qualified, all references
to a &#8220;Subsidiary&#8221; or to &#8220;Subsidiaries&#8221; in this Agreement shall refer to a Subsidiary or Subsidiaries of the Borrower.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Syndication Agent</U>&#8221;:&nbsp;&nbsp;as defined in the preamble hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>TARGET2</U>&#8221;:&nbsp;&nbsp;the Trans-European Automated Real-time Gross Settlement Express Transfer payment system which utilizes a single shared platform and which
was launched on November 19, 2007.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>TARGET Day</U>&#8221;:&nbsp;&nbsp;any day on which TARGET2 (or, if such payment system ceases to be operative, such other payment system, if any,&nbsp;determined by the
Administrative Agent to be a suitable replacement) is open for the settlement of payments in Euro.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Taxes</U>&#8221;:&nbsp;&nbsp;all present or future income, stamp or other taxes, levies, imposts, duties, deductions, withholdings (including backup withholding),
assessments, fees or other charges imposed by any Governmental Authority, including any interest, additions to tax or penalties applicable
thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">&#8220;<U>Term Benchmark</U>&#8221;:&nbsp;&nbsp;when used
in reference to any Loan or Borrowing, refers to if such Loan, or the Loans comprising such Borrowing, are bearing interest at a rate
determined by reference to the Adjusted LIBO Rate (other than an ABR Loan that bears interest at the ABR determined by reference to the
Adjusted LIBO Rate).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Term SOFR</U>&#8221;:&nbsp;
for the applicable Corresponding Tenor as of the applicable Reference Time, the forward-looking term rate based on SOFR that has been
selected or recommended by the Relevant Governmental Body.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Term SOFR Notice</U>&#8221;:
&nbsp;a notification by the Administrative Agent to the Lenders and the Borrower of the occurrence of a Term SOFR Transition Event.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Term SOFR Transition
Event</U>&#8221;: &nbsp;the determination by the Administrative Agent that (a) Term SOFR has been recommended for use by the Relevant Governmental
Body, (b) the administration of Term SOFR is administratively feasible for the Administrative Agent in its sole discretion, and (c) a
Benchmark Transition Event or an Early Opt-in Election, as applicable (and, for the avoidance of doubt, not in the case of an Other Benchmark
Rate Election), has previously occurred resulting in a Benchmark Replacement in accordance with <U>Section 2.11</U> that is not Term SOFR.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Term SOFR Transition
Event Effective Date</U>&#8221;: &nbsp;with respect to a Term SOFR Transition Event, the date that is thirty (30) days after the date a Term
SOFR Notice is provided to the Lenders and the Borrower pursuant to <U>Section 2.11(c)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Total Commitments</U>&#8221;:
&nbsp;at any time, the aggregate amount in the Base Currency of all Lenders&#8217; Commitments then in effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Total Loans</U>&#8221;:
&nbsp;at any time, the aggregate principal amount of the Loans of the Lenders outstanding at such time (after converting the outstanding principal
amount of any Loans denominated in the Optional Currency into the Dollar Equivalent thereof at such time).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Transaction Documents</U>&#8221;:&nbsp;
the collective reference to the Pooling Agreement, the Series 2002-1 Supplement, the Series 2002-1 VFC, the Sale Agreement and the Servicing
Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Transferee</U>&#8221;:
&nbsp;any Assignee or Participant.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Trustee</U>&#8221;:
&nbsp;as defined in Annex X to the Pooling Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Type</U>&#8221;:
&nbsp;as to any Loan, its nature as an ABR Loan or a Term Benchmark Loan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>UK Financial Institution</U>&#8221;:
&nbsp;any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom
Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated
by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates
of such credit institutions or investment firms.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>UK Resolution Authority</U>&#8221;:
&nbsp;the Bank of England or any other public administrative authority having responsibility for the resolution of any UK Financial Institution.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Unadjusted Benchmark
Replacement</U>&#8221;: &nbsp;the applicable Benchmark Replacement excluding the related Benchmark Replacement Adjustment.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0pt"></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0pt">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>United States</U>&#8221;:
&nbsp;the United States of America.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>U.S. Tax Compliance
Certificate</U>&#8221;: &nbsp;as defined in <U>Section 2.14(f)(iii)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Voting Stock</U>&#8221;:
&nbsp;with respect to any Person as of any date, the Capital Stock of such Person that is at the time entitled to vote in the election of the
Board of Directors of such Person.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Withdrawal Liability</U>&#8221;:
&nbsp;liability to a Multiemployer Plan as a result of a complete or partial withdrawal from such Multiemployer Plan, as such terms are defined
in Title IV of ERISA.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Withholding Agent</U>&#8221;:
&nbsp;any Loan Party and the Administrative Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Write-Down and
Conversion Powers</U>&#8221;: &nbsp;(a) 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 writedown and conversion powers
are described in the EU Bail-In Legislation Schedule, and (b) with respect to the United Kingdom, any powers of the applicable Resolution
Authority under the Bail-In Legislation to cancel, reduce, modify or change the form of a liability of any UK Financial Institution or
any contract or instrument under which that liability arises, to convert all or part of that liability into shares, securities or obligations
of that person or any other person, to provide that any such contract or instrument is to have effect as if a right had been exercised
under it or to suspend any obligation in respect of that liability or any of the powers under that Bail-In Legislation that are related
to or ancillary to any of those powers.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Yen</U>&#8221;:
the lawful currency of Japan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">1.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Other
Definitional Provisions</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(a) Unless otherwise
specified therein, all terms defined in this Agreement shall have the defined meanings when used in the other Loan Documents or any certificate
or other document made or delivered pursuant hereto or thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(b) As used herein
and in the other Loan Documents, and any certificate or other document made or delivered pursuant hereto or thereto, (i) accounting terms
relating to any Group Member not defined in <U>Section 1.1</U> and accounting terms partly defined in <U>Section 1.1</U>, to the extent
not defined, shall have the respective meanings given to them under GAAP, (ii) the words &#8220;include&#8221;, &#8220;includes&#8221;
and &#8220;including&#8221; shall be deemed to be followed by the phrase &#8220;without limitation&#8221;, (iii) the word &#8220;incur&#8221;
shall be construed to mean incur, create, issue, assume, become liable in respect of or suffer to exist (and the words &#8220;incurred&#8221;
and &#8220;incurrence&#8221; shall have correlative meanings), (iv) the words &#8220;asset&#8221; and &#8220;property&#8221; shall be
construed to have the same meaning and effect and to refer to any and all tangible and intangible assets and properties, including cash,
Capital Stock, securities, revenues, accounts, leasehold interests and contract rights, and (v) references to agreements or other Contractual
Obligations shall, unless otherwise specified, be deemed to refer to such agreements or Contractual Obligations as amended, supplemented,
restated or otherwise modified from time to time (subject to any restrictions on such amendments, supplements, restatements or modifications
set forth herein).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: -44pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: -44pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(c) The words &#8220;hereof&#8221;,
&#8220;herein&#8221; and &#8220;hereunder&#8221; and words of similar import, when used in this Agreement, shall refer to this Agreement
as a whole and not to any particular provision of this Agreement, and Section, Schedule and Exhibit references are to this Agreement unless
otherwise specified.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(d) The meanings
given to terms defined herein shall be equally applicable to both the singular and plural forms of such terms.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(e) For purposes
of calculating the Dollar Equivalent of (i) any Loan or Borrowing denominated in the Optional Currency outstanding at any time during
any period, (ii) any Loan denominated in the Optional Currency at the time of the making of such Loan pursuant to <U>Section 2.1</U> and
(iii) any other amount denominated in a Master Trust Approved Currency, the Administrative Agent will at least once during each calendar
month and on or prior to the date of any Borrowing and the last day of any Interest Period and at such other times as it in its sole discretion
decides to do so or as otherwise directed by the Required Lenders, determine the respective rate of exchange into Dollars of the Optional
Currency or such other Master Trust Approved Currency (which rate of exchange shall be based upon the Rate of Exchange in effect on the
date of such determination). Such rate of exchange so determined on each such determination date shall, for purposes of the calculations
described in the preceding sentence, be deemed to remain unchanged and in effect until the next such determination date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(f) Notwithstanding
any other provision contained herein or in the other Loan Documents, all terms of an accounting or financial nature used herein and in
the other Loan Documents shall be construed, and all computations of amounts and ratios referred to herein and in the other Loan Documents
shall be made, and prepared:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(i) in accordance with
GAAP (including principles of consolidation where appropriate), and all accounting or financial terms shall have the meanings ascribed
to such terms by GAAP; <U>provided</U>, <U>however</U>, that all accounting terms used in <U>Section 5.2</U> below (and all defined terms
used in the definition of any accounting term used in <U>Section 5.2</U> below) shall have the meaning given to such terms (and defined
terms) under GAAP as in effect on the date hereof applied on a basis consistent with those used in preparing the financial statements
referred to in <U>Section 3.15</U> below. In the event of any change after the date hereof in GAAP, and if such change would affect the
computation of any of the financial covenants set forth in <U>Section 5.2</U> below, then the parties hereto agree to endeavor, in good
faith, to agree upon an amendment to this Agreement that would adjust such financial covenants in a manner that would preserve the original
intent thereof, but would allow compliance therewith to be determined in accordance with the Borrower&#8217;s financial statements at
the time, provided that, until so amended such financial covenants shall continue to be computed in accordance with GAAP prior to such
change therein; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: -22pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: -22pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(ii) without giving
effect to any election under Statement of Financial Accounting Standards 159 (or any other Financial Accounting Standard having a similar
result or effect) to value any Indebtedness or other liabilities of BLFC, BFE, BAFC, the Guarantor or any of their Subsidiaries at &#8220;fair
value&#8221;, as defined therein.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Notwithstanding any other provision contained herein,
all obligations of the Guarantor, the Borrower&nbsp;and any of their respective Subsidiaries that are or would be characterized as an
operating lease as determined in accordance with GAAP as in effect on December 14, 2018 (whether or not such operating lease was in effect
on such date) shall continue to be accounted for as an operating lease (and not as a capital lease) for purposes of the Loan Documents
regardless of any change in GAAP following December 14, 2018 &nbsp;(or any change in the implementation in GAAP for future periods that
are contemplated as of December 14, 2018) that would otherwise require such obligation to be re&#45;characterized as a capital lease and
the Guarantor, the Borrower and their respective Subsidiaries shall continue to provide financial reporting which differentiates between
operating leases and capital leases in accordance with GAAP as in effect on December 14, 2018.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">1.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Interest
Rates; LIBOR Notification</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">The interest rate on a Loan
denominated in Dollars or the Optional Currency may be derived from an interest rate benchmark that is, or may in the future become, the
subject of regulatory reform. Regulators have signaled the need to use alternative benchmark reference rates for some of these interest
rate benchmarks and, as a result, such interest rate benchmarks may cease to comply with applicable laws and regulations, may be permanently
discontinued, and/or the basis on which they are calculated may change. The London interbank offered rate (&#8220;<U>LIBOR</U>&#8221;)
is intended to represent the rate at which contributing banks may obtain short-term borrowings from each other in the London interbank
market. On March 5, 2021, the U.K. Financial Conduct Authority (&#8220;<U>FCA</U>&#8221;) publicly announced that: (a) immediately after
December 31, 2021, publication of all seven euro LIBOR settings and the 1-week and 2-month Dollar LIBOR settings will permanently cease;
immediately after June 30, 2023, publication of the overnight and 12-month Dollar LIBOR settings will permanently cease; and immediately
after June 30, 2023, the 1-month, 3-month and 6-month Dollar LIBOR settings will cease to be provided or, subject to the FCA&#8217;s consideration
of the case, be provided on a synthetic basis and no longer be representative of the underlying market and economic reality they are intended
to measure and that representativeness will not be restored. There is no assurance that dates announced by the FCA will not change or
that the administrator of LIBOR and/or regulators will not take further action that could impact the availability, composition, or characteristics
of LIBOR or the currencies and/or tenors for which LIBOR is published. Each party to this Agreement should consult its own advisors to
stay informed of any such developments. Public and private sector industry initiatives are currently underway to identify new or alternative
reference rates to be used in place of LIBOR. Upon the occurrence of a Benchmark Transition Event, a Term SOFR Transition Event, an Early
Opt-in Election or an Other Benchmark Rate Election, <U>Section 2.11(b)</U>, <U>Section 2.11(c)</U> and <U>Section 2.11(d)</U> provide
the mechanism for determining an alternative rate of interest.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0pt">The Administrative Agent will promptly notify the Borrower, pursuant to
<U>Section 2.11(e)</U>, of any change to the reference rate upon which the interest rate on Term Benchmark Loans is based. However, the
Administrative Agent does not warrant or accept any responsibility for, and shall not have any liability with respect to, the administration,
submission or any other matter related to the London interbank offered rate or other rates in the definition of &#8220;LIBO Rate&#8221;
or with respect to any alternative or successor rate thereto, or replacement rate thereof (including, without limitation, (i) any such
alternative, successor or replacement rate implemented pursuant to <U>Section 2.11(b)</U> and <U>Section 2.11(d)</U>, whether upon the
occurrence of a Benchmark Transition Event or an Early Opt-in Election, and (ii) the implementation of any Benchmark Replacement Conforming
Changes pursuant to <U>Section 2.11(d))</U>, including without limitation, whether the composition or characteristics of any such alternative,
successor or replacement reference rate will be similar to, or produce the same value or economic equivalence of, the LIBO Rate or have
the same volume or liquidity as did the London interbank offered rate prior to its discontinuance or unavailability. The Administrative
Agent and its affiliates and/or other related entities may engage in transactions that affect the calculation of any alternative, successor
or alternative rate (including any Benchmark Replacement) and/or any relevant adjustments thereto, in each case, in a manner adverse to
the Borrower. The Administrative Agent may select information sources or services in its reasonable discretion to ascertain the Adjusted
LIBO Rate, any component thereof, or rates referenced in the definition thereof, in each case pursuant to the terms of this Agreement,
and shall have no liability to the Borrower, any Lender or any other Person for damages of any kind, including direct or indirect, special,
punitive, incidental or consequential damages, costs, losses or expenses (whether in tort, contract or otherwise and whether at law or
in equity), for any error or calculation of any such rate (or component thereof) provided by any such information source or service.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">1.4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Divisions</U>.
&nbsp;For all purposes under the Loan Documents, in connection with any division or plan of division under Delaware law (or any comparable event
under a different jurisdiction&#8217;s laws): (a) if any asset, right, obligation or liability of any Person becomes the asset, right,
obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent
Person, and (b) if any new Person comes into existence, such new Person shall be deemed to have been organized and acquired on the first
date of its existence by the holders of its Capital Stock at such time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 1in"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">SECTION 2.&#9;&nbsp;&nbsp;AMOUNT AND TERMS OF COMMITMENTS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">2.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Commitments</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(a) Subject to the
terms and conditions hereof, each Lender severally agrees to make revolving credit loans in either the Base Currency or, solely with respect
to Term Benchmark Loans, the Optional Currency to the Borrower from time to time during the Commitment Period in an aggregate Dollar Equivalent
principal amount at any one time outstanding which does not exceed the amount of such Lender&#8217;s Commitment. The Borrower shall not
request and no Lender shall be required to make any Loan if, after making such Loan, the Total Loans would exceed the Total Commitments
then in effect. During the Commitment Period the Borrower may use the Commitments by borrowing, prepaying the Loans in whole or in part,
and reborrowing, all in accordance with the terms and conditions hereof. Subject to <U>Section 2.11</U>, each Loan shall be either an
ABR Loan or a Term Benchmark Loan, as determined by the Borrower and notified to the Administrative Agent in accordance with <U>Sections
2.2</U> and <U>2.7</U>. Except as provided in <U>Section 2.3(f)</U>, the Borrower shall repay all outstanding Loans not later than the
Final Termination Date.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(b) (i) &#9;Notwithstanding
anything to the contrary contained in this Agreement, the Borrower may request from time to time that the aggregate Commitments hereunder
be increased by an aggregate amount not to exceed $200,000,000. The Borrower may (I) request one or more of the Lenders to increase the
amount of its Commitment (which request shall be in writing and sent to the Administrative Agent to forward to such Lender or Lenders)
and/or (II) arrange for one or more banks or financial institutions not a party hereto (an &#8220;<U>Other Lender</U>&#8221;) to become
parties to and Lenders under this Agreement, provided that the identification and arrangement of each Other Lender to become a party hereto
and a Lender under this Agreement shall be made in consultation with the Administrative Agent. In no event may any Lender&#8217;s Commitment
be increased without the prior written consent of such Lender, and the failure of any Lender to respond to the Borrower&#8217;s request
for an increase shall be deemed a rejection by such Lender of the Borrower&#8217;s request. The aggregate Commitments of all Lenders hereunder
may not be increased if, at the time of any proposed increase hereunder, a Default or Event of Default has occurred and is continuing.
Notwithstanding anything contained in this Agreement to the contrary, no Lender shall have any obligation whatsoever to increase the amount
of its Commitment, and each Lender may at its option, unconditionally and without cause, decline to increase its Commitment.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(ii) If any Lender is
willing, in its sole and absolute discretion, to increase the amount of its Commitment hereunder (such a Lender hereinafter referred to
as an &#8220;<U>Increasing Lender</U>&#8221;), it shall enter into a written agreement to that effect with the Borrower and the Administrative
Agent, substantially in the form of <U>Exhibit F</U> (a &#8220;<U>Commitment Increase Supplement</U>&#8221;), which agreement shall specify,
among other things, the amount of the increased Commitment of such Increasing Lender. Upon the effectiveness of such Increasing Lender&#8217;s
increase in Commitment, <U>Schedule 1.1</U> shall, without further action, be deemed to have been amended appropriately to reflect the
increased Commitment of such Increasing Lender. Any Other Lender which is willing to become a party hereto and a Lender hereunder (and
which arrangement to become a party hereto and a Lender hereunder has been consulted by the Borrower with the Administrative Agent) shall
enter into a written agreement with the Borrower and the Administrative Agent, substantially in the form of <U>Exhibit G</U> (an &#8220;<U>Additional
Lender Supplement</U>&#8221;), which agreement shall specify, among other things, its Commitment hereunder. When such Other Lender becomes
a Lender hereunder as set forth in the Additional Lender Supplement, <U>Schedule 1.1</U> shall, without further action, be deemed to have
been amended as appropriate to reflect the Commitment of such Other Lender. Upon the execution by the Administrative Agent, the Borrower
and such Other Lender of such Additional Lender Supplement, such Other Lender shall become and be deemed a party hereto and a &#8220;Lender&#8221;
hereunder for all purposes hereof and shall enjoy all rights and assume all obligations on the part of the Lenders set forth in this Agreement,
and its Commitment shall be the amount specified in its Additional Lender Supplement. Each Other Lender which executes and delivers an
Additional Lender Supplement and becomes a party hereto and a &#8220;Lender&#8221; hereunder pursuant to such Additional Lender Supplement
is hereinafter referred to as an &#8220;<U>Additional Lender</U>.&#8221;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(iii) In no event shall
an increase in a Lender&#8217;s Commitment or the Commitment of an Other Lender become effective until the Administrative Agent shall
have received an acknowledgement and consent from the Guarantor that the Guaranty Agreement remains valid and enforceable. In no event
shall an increase in a Lender&#8217;s Commitment or the Commitment of an Other Lender which results in the aggregate Commitments of all
Lenders hereunder exceeding the amount which is authorized at such time in resolutions previously delivered to the Administrative Agent
become effective until the Administrative Agent shall have received a copy of the resolutions, in form and substance satisfactory to the
Administrative Agent, of the Board of Directors of the Guarantor authorizing the borrowings by the Borrower contemplated pursuant to such
increase, certified by the Secretary or an Assistant Secretary of the Guarantor. Upon the effectiveness of the increase in a Lender&#8217;s
Commitment or the Commitment of an Other Lender pursuant to the preceding sentence and execution by an Increasing Lender of a Commitment
Increase Supplement or by an Additional Lender of an Additional Lender Supplement, the Borrower shall make such borrowing from such Increasing
Lender or Additional Lender, and/or shall make such prepayment of outstanding Loans, as shall be required to cause the aggregate outstanding
Dollar Equivalent principal amount of Loans owing to each Lender (including each such Increasing Lender and Additional Lender) to be proportional
to such Lender&#8217;s share of the aggregate Commitments hereunder after giving effect to any increase thereof. The Borrower agrees to
indemnify each Lender and to hold each Lender harmless from any loss or expense incurred as a result of any such prepayment in accordance
with <U>Section 2.15</U>, as applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(iv) No Other Lender
may become an Additional Lender unless an Additional Lender Supplement (or counterparts thereof) has been signed by such bank or financial
institution and which Additional Lender Supplement has been agreed to and acknowledged by the Borrower and acknowledged by the Administrative
Agent. No consent of any Lender or acknowledgment of any of the other Lenders hereunder shall be required therefor. In no event shall
the Commitment of any Lender be increased by reason of any bank or financial institution becoming an Additional Lender, or otherwise,
but the aggregate Commitments hereunder shall be increased by the amount of each Additional Lender&#8217;s Commitment. Upon any Lender
entering into a Commitment Increase Supplement or any Additional Lender becoming a party hereto, the Administrative Agent shall notify
each other Lender thereof and shall deliver to each Lender a copy of the Additional Lender Supplement executed by such Additional Lender
and agreed to and acknowledged by the Borrower and acknowledged by the Administrative Agent, and the Commitment Increase Supplement executed
by such Increasing Lender and agreed to and acknowledged by the Borrower and acknowledged by the Administrative Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: -66pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-right: 0; margin-bottom: 12pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">2.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Procedure
for Loan Borrowing</U>. &nbsp;The Borrower may borrow under the Commitments during the Commitment Period on any Business Day, provided that
the Borrower shall give the Administrative Agent irrevocable notice (which notice must be received by (a) the Administrative Agent prior
to 10:00 A.M., New York City time, three (3) Business Days prior to the requested Borrowing Date, in the case of Term Benchmark Loans
denominated in the Base Currency, (b) the Administrative Agent (London Office) prior to 10:00 A.M., London time, four (4) Business Days
prior to the requested Borrowing Date, in the case of Term Benchmark Loans denominated in the Optional Currency, or (c) the Administrative
Agent prior to 10:00 A.M., New York City time, on the requested Borrowing Date, in the case of ABR Loans), specifying (i) the amount and
Type of Loans to be borrowed, (ii) whether such Loans are to be denominated in the Base Currency or in the Optional Currency, (iii) the
requested Borrowing Date and (iv) in the case of Term Benchmark Loans, the length of the initial Interest Period therefor. Each borrowing
under the Commitments shall be in an amount equal to (x) in the case of ABR Loans, $1,000,000 or a whole multiple thereof (or, if the
then aggregate Available Commitments are less than $1,000,000, such lesser amount), (y) in the case of Term Benchmark Loans denominated
in the Base Currency, $5,000,000 or a whole multiple of $1,000,000 in excess thereof and (z) in the case of Term Benchmark Loans denominated
in the Optional Currency, EUR 5,000,000 or a whole multiple of EUR 1,000,000 in excess thereof. Upon receipt of any such notice from the
Borrower, the Administrative Agent shall promptly notify each Lender thereof. Each Lender will make the amount of its pro rata share of
each borrowing available to the Administrative Agent for the account of the Borrower at the Funding Office prior to 2:00 P.M., New York
City time (the &#8220;<U>Borrowing Time</U>&#8221;), on the Borrowing Date requested by the Borrower, in each case in funds immediately
available in Euros or Dollars, as the case may be, to the Administrative Agent. Such borrowing will then be made available at 2:00 P.M.,
New York City time on the Borrowing Date to the Borrower by the Administrative Agent crediting the account of the Borrower on the books
of such office with the aggregate of the amounts made available to the Administrative Agent by the Lenders and in like funds as received
by the Administrative Agent. Should any such borrowing notice from the Borrower indicate an account on the books of another bank or financial
institution, the Administrative Agent shall transfer the amounts described in such borrowing notice to such account within a reasonable
period of time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">2.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Extension
Option</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Extension
Request</U>. &nbsp;(i) The Borrower shall be entitled to request that the Original Termination Date be extended for an additional period of
twelve (12) Months by giving notice (the &#8220;<U>First Extension Request</U>&#8221;) to the Administrative Agent not more than sixty
(60) days nor less than thirty (30) days before any Anniversary prior to and including the Anniversary that occurs on the Original Termination
Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: 0.5in">&#9;(ii)&#9;The Borrower
shall be entitled to request that the Original Termination Date and/or the First Extension Termination Date be extended by giving notice
(the &#8220;<U>Second Extension Request</U>&#8221;) to the Administrative Agent as set out below:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -44pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: 0.5in">(A)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;with
respect to Lenders who have agreed to the First Extension Request, the Borrower may deliver a Second Extension Request to the Administrative
Agent not more than sixty (60) days nor less than thirty (30) days before any Anniversary occurring after the delivery of the First Extension
Request up to and including the Anniversary that occurs on the First Extension Termination Date for an extension for a further period
of twelve (12) Months; and/or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: 0.5in">(B)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;with
respect to Lenders who refused the First Extension Request, the Borrower may deliver a Second Extension Request to the Administrative
Agent not more than sixty (60) nor less than thirty (30) days before any Anniversary occurring after the delivery of the First Extension
Request up to and including the Anniversary that occurs on the Original Termination Date for an extension for a period of twenty-four
(24) Months,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">as selected by the Borrower
in the notice to the Administrative Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">The First Extension
Request and Second Extension Request are together referred to as &#8220;<U>Extension Requests</U>&#8221; and each as an &#8220;<U>Extension
Request</U>&#8221;.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Notification
of Extension Request</U>. &nbsp;The Administrative Agent shall promptly notify the Lenders of any Extension Request as soon as practicable after
receipt of it.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Lenders&#8217;
Response to Extension Request</U>.&nbsp; (i) Each Lender may, in its sole discretion, agree to any Extension Request (each such lender, a &#8220;<U>Consenting
Lender</U>&#8221;) by providing notice to the Administrative Agent on or before the date falling fifteen (15) days before:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: 0.5in">(A)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;in
respect of a First Extension Request, the applicable Anniversary immediately following such First Extension Request; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: 0.5in">(B)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;in
respect of a Second Extension Request, the applicable Anniversary immediately following such Second Extension Request.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: 0.5in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Commitment of each Consenting Lender will be extended for the period applicable to it and referred to in such Extension Request; <U>provided</U>
that the Required Lenders have agreed to such extension.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-indent: 0.5in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
any Lender:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: 0.5in">(A)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;fails
to reply to an Extension Request within the time period set out in paragraph (c); or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-right: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-right: 0; margin-bottom: 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-right: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: 0.5in">(B)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;declines
an Extension Request by the date falling fifteen (15) days before the applicable Anniversary immediately following such Extension Request,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify">(in each case, a &#8220;<U>Declining Lender</U>&#8221;),
its Commitment will not be extended.<BR>
<BR>
</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">(d)&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Form of Extension
Request</U>.&#9;Each Extension Request shall be made in writing and be irrevocable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Replacement
of Declining Lenders</U>. &nbsp;(i) The Administrative Agent shall notify the Borrower and the Lenders no later than fifteen (15) days prior
to the applicable Anniversary immediately following such Extension Request of the details of which Lenders are Consenting Lenders and
which Lenders are Declining Lenders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 1in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
the Administrative Agent notifies the Borrower of one or more Declining Lenders, the Borrower may, on fifteen (15) days&#8217; notice
to the Administrative Agent replace a Declining Lender by requiring such Declining Lender to (and such Declining Lender shall) transfer,
pursuant to <U>Section 8.6</U>, all (and not only part) of its rights and obligations under this Agreement to a Consenting Lender or another
bank, financial institution, trust fund or other entity (to the extent not a Consenting Lender, a &#8220;<U>Replacement Lender</U>&#8221;)
selected by the Borrower which is acceptable to the Administrative Agent (acting reasonably) which confirms its willingness to assume
and does assume all the obligations of such Declining Lender for a purchase price in cash payable at the time of transfer at least equal
to the principal amount of such Declining Lender&#8217;s participation in outstanding Loans under this Agreement and all accrued interest,
costs and other amounts then due to the Declining Lender at such time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 1in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
replacement of a Declining Lender pursuant to this <U>Section 2.3(e)</U> shall be subject to the following conditions:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: 0.5in">(A)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;none
of the Administrative Agent, any Lead Arranger or any Lender shall have any obligation to find a Replacement Lender;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: 0.5in">(B)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;such
replacement must take place by no later than the Original Termination Date or the First Extension Termination Date (as applicable);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: 0.5in">(C)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;in
no event shall the relevant Declining Lender be required to pay or surrender to the relevant Replacement Lender any of the fees or other
amounts received by such Declining Lender pursuant to the Loan Documents prior to the date of such replacement; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: 0.5in">(D)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any
Assignment and Acceptance executed by the relevant Declining Lender and the relevant Replacement Lender shall include a confirmation from
the Replacement Lender that it has agreed to the extension of the Original Termination Date or the First Extension Termination Date, as
applicable, requested by the Borrower in accordance with this <U>Section 2.3</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-right: 0; margin-bottom: 0; text-align: justify; text-indent: 0pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-right: 0; margin-bottom: 0; text-align: justify; text-indent: 0pt"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Reduction
of Facility</U>. &#8239;If, with respect to any Extension Request, (i) the Required Lenders agree to such extension, (ii) there are any Declining
Lenders and (iii) such Declining Lenders cannot be replaced pursuant to <U>Section 2.3(e)</U>, then all outstanding principal, interest
and other amounts payable to the Declining Lenders shall be repaid on the then current Final Termination Date and the Total Commitments
will be automatically reduced by each such Declining Lender&#8217;s Commitment on the then current Final Termination Date applicable to
such Declining Lender once such repayment has been made.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Extension
of the Facility</U>. &#8239;The then current Final Termination Date of this Agreement will be extended to the First Extension Termination Date
or, as the case may be, the Second Extension Termination Date, in an aggregate amount equal to the sum of the aggregate Commitments of
the Consenting Lenders (together with the aggregate Commitments of the Replacement Lenders, if applicable). For the avoidance of doubt,
the aggregate Commitments in respect of which the Final Termination Date has been extended under this clause shall not exceed the Total
Commitments.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Limitations</U>.
&nbsp;No more than two Extension Requests may be given. For the avoidance of doubt, the Final Termination Date cannot extend beyond the date
falling eighty-four (84) Months after the Closing Date. In addition, no extension pursuant to this <U>Section 2.3</U> shall be effective
unless the Required Lenders are Consenting Lenders with respect to such extension.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Conditions
Precedent to Each Extension</U>. &nbsp;The extension of the Commitment of each Consenting Lender shall be subject to the following conditions
precedent:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 1in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Representations
and Warranties</U>. &nbsp;The representations and warranties set forth in Section 3 hereof shall be true and correct in all material respects
on and as of such date of extension; <U>provided</U> that, the representations and warranties made in <U>Sections 3.1</U>, <U>3.2</U>,
<U>3.3</U>, <U>3.4</U>, <U>3.5</U>, <U>3.6</U>, <U>3.9</U>, <U>3.13</U>, <U>3.14</U> and <U>3.15</U> shall be true and correct in all
respects as of such date of extension.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 1in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No
Series 2002-1 Early Amortization Event, Potential Series 2002-1 Early Amortization Event or Event of Default. No Series 2002-1 Early Amortization
Event, Potential Series 2002-1 Early Amortization Event or Event of Default shall have occurred and be continuing as of such date of extension.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">2.4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Commitment
Fees, etc</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(a) The Borrower
agrees to pay to the Administrative Agent for the account of each Lender (other than a Defaulting Lender that is not a Performing Lender)
a commitment fee in Dollars for the period from and including the date hereof to the last day of the Commitment Period, computed at a
rate per annum equal to for each day during such period the Commitment Fee Rate on such day, on the amount of the Available Commitment
of such Lender on such day, payable quarterly in arrears on the last day of each March, June, September and December and on the Termination
Date, commencing on the first of such dates to occur after the date hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-right: 0; margin-bottom: 12pt; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-right: 0; margin-bottom: 12pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(b) The Borrower
agrees to pay to the Administrative Agent the fees in the amounts and on the dates previously agreed to in writing by the Borrower and
the Administrative Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">2.5&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Termination
or Reduction of Commitments</U>. &nbsp;The Borrower shall have the right, upon not less than three (3) Business Days&#8217; notice to the Administrative
Agent, to terminate the Commitments or, from time to time, to reduce the amount of the Commitments; <U>provided</U> that no such termination
or reduction of Commitments shall be permitted if, after giving effect thereto and to any prepayments of the Loans made on the effective
date thereof, the Total Loans would exceed the Total Commitments. Any such reduction shall be in an amount equal to at least $1,000,000
or any larger whole multiple thereof, and shall reduce permanently the Commitments then in effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">2.6&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Prepayments</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(a) The Borrower
may at any time and from time to time prepay the Loans, in whole or in part, without premium or penalty, upon irrevocable notice delivered
to the Administrative Agent no later than (i) 10:00&nbsp;A.M., New York City time, three (3) Business Days prior thereto, in the case
of Term Benchmark Loans denominated in the Base Currency, (ii) 10:00&nbsp;A.M., New York City time, four (4) Business Days prior thereto,
in the case of Term Benchmark Loans denominated in the Optional Currency and (iii) 10:00&nbsp;A.M., New York City time, on the date thereof,
in the case of ABR Loans, which notice shall specify the date and amount of prepayment and whether the prepayment is of Term Benchmark
Loans denominated in the Base Currency or Optional Currency or ABR Loans; <U>provided</U>, that if a Term Benchmark Loan is prepaid on
any day other than the last day of the Interest Period applicable thereto, the Borrower shall also pay any amounts owing pursuant to <U>Section&nbsp;2.15</U>.
Upon receipt of any such notice the Administrative Agent shall promptly notify each relevant Lender thereof. If any such notice is given,
the amount specified in such notice shall be due and payable on the date specified therein, together with accrued interest to such date
on the amount prepaid. Partial prepayments of Loans shall be in an aggregate principal amount of $1,000,000 (with respect to ABR Loans
and Term Benchmark Loans denominated in the Base Currency) or EUR 1,000,000 (with respect to Term Benchmark Loans denominated in the Optional
Currency) or a whole multiple thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(b) If, on any day,
the sum of the aggregate outstanding principal amount of the Loans hereunder and Pari Passu Indebtedness (after converting all such amounts
into the then Dollar Equivalent thereof) exceeds the then current Series 2002-1 Invested Amount outstanding under the Series 2002-1 VFC
(after giving effect to any increases or decreases therein on such day), the Borrower shall prepay Loans and/or Pari Passu Indebtedness
in an amount sufficient to comply with <U>Section 5.2(a)</U>. Any such prepayment of Loans pursuant to this <U>Section 2.6(b)</U> shall
be made together with accrued interest to the date of such prepayment on the amount prepaid and the Borrower shall also pay any amounts
owing pursuant to <U>Section 2.15</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-right: 0; margin-bottom: 12pt; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(c) If, on any date,
the Total Loans outstanding on such date exceed the Total Commitments in effect on such date, the Borrower immediately shall prepay the
Loans in the amount of such excess. Any such prepayment of Loans pursuant to this <U>Section 2.6(c)</U> shall be made together with accrued
interest to the date of such prepayment on the amount prepaid and the Borrower shall also pay any amounts owing pursuant to <U>Section
2.15</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">2.7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Conversion
and Continuation Options</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(a) The Borrower
may elect from time to time to convert Term Benchmark Loans denominated in the Base Currency to ABR Loans by giving the Administrative
Agent prior irrevocable notice of such election no later than 10:00&nbsp;A.M., New York City time, on the Business Day preceding the proposed
conversion date, <U>provided</U> that any such conversion of Term Benchmark Loans may only be made on the last day of an Interest Period
with respect thereto. The Borrower may elect from time to time to convert ABR Loans to Term Benchmark Loans denominated in the Base Currency
by giving the Administrative Agent prior irrevocable notice of such election no later than 10:00&nbsp;A.M., New York City time, on the
fourth (4th) Business Day preceding the proposed conversion date (which notice shall specify the length of the initial Interest Period
therefor), <U>provided</U> that no ABR Loan may be converted into a Term Benchmark Loan when any Event of Default has occurred and is
continuing and the Administrative Agent or the Required Lenders have determined in its or their sole discretion not to permit such conversions.
Upon receipt of any such notice the Administrative Agent shall promptly notify each relevant Lender thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(b) Any Term Benchmark
Loan may be continued as such upon the expiration of the then current Interest Period with respect thereto by the Borrower giving irrevocable
notice to the Administrative Agent, in accordance with the applicable provisions of the term &#8220;Interest Period&#8221; set forth in
<U>Section 1.1</U>, of the length of the next Interest Period to be applicable to such Loans, <U>provided</U> that no Term Benchmark Loan
may be continued as such when any Event of Default has occurred and is continuing and the Administrative Agent has or the Required Lenders
have determined in its or their sole discretion not to permit such continuations, and <U>provided</U>, <U>further</U>, that if the Borrower
shall fail to give any required notice as described above in this paragraph or if such continuation is not permitted pursuant to the preceding
proviso, any such Term Benchmark Loans denominated in the Base Currency shall be automatically converted to ABR Loans on the last day
of such then expiring Interest Period, and any such Term Benchmark Loans denominated in the Optional Currency shall as of the last day
of such then expiring Interest Period bear interest at such rate as the Administrative Agent determines adequately reflects the costs
(including a comparable margin to that set forth herein) to the Lenders of maintaining such Loans. Upon receipt of any such notice the
Administrative Agent shall promptly notify each relevant Lender thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-right: 0; margin-bottom: 12pt; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-right: 0; margin-bottom: 12pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">2.8&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Limitations
on Term Benchmark Borrowings</U>. &nbsp;Notwithstanding anything to the contrary in this Agreement, all borrowings, conversions and continuations
of Term Benchmark Loans and all selections of Interest Periods shall be in such amounts and be made pursuant to such elections so that,
after giving effect thereto, (a) the aggregate principal amount of the Term Benchmark Loans denominated in the Base Currency comprising
each Term Benchmark Borrowing in the Base Currency shall be equal to $5,000,000 or a whole multiple of $1,000,000 in excess thereof, (b)
the aggregate principal amount of the Term Benchmark Loans denominated in the Optional Currency comprising each Term Benchmark Borrowing
in the Optional Currency shall be equal to EUR 5,000,000 or a whole multiple of EUR 1,000,000 in excess thereof, and (c) no more than
fifteen (15) Term Benchmark Borrowings shall be outstanding at any one time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">2.9&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Interest
Rates and Payment Dates</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(a) Each Term Benchmark
Loan shall bear interest for each day during each Interest Period with respect thereto at a rate per annum equal to (i) the Adjusted LIBO
Rate determined for such day plus (ii) the Applicable Margin.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(b) Each ABR Loan
shall bear interest at a rate per annum equal to (i) the ABR plus (with the following amount in no event to be less than zero) (ii) the
Applicable Margin <U>minus</U> one percent (1%).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(c) During the continuance
of an Event of Default all outstanding Loans (whether or not overdue) shall bear interest at a rate per annum equal to the rate that would
otherwise be applicable thereto pursuant to the foregoing provisions of this Section <U>plus</U> 2%. If all or a portion of any interest
payable on any Loan or any commitment fee or other amount payable hereunder (other than any amount to which the preceding sentence is
applicable) shall not be paid when due (whether at the stated maturity, by acceleration or otherwise), such overdue amount shall bear
interest at a rate per annum equal to the rate then applicable to ABR Loans <U>plus</U> 2% from the date of such non&#45;payment until
such amount is paid in full (as well after as before judgment).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(d) Interest shall
be payable in arrears on each Interest Payment Date, <U>provided</U> that interest accruing pursuant to paragraph (c) of this Section
shall be payable from time to time on demand.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">2.10&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Computation
of Interest and Fees</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(a) Interest and
fees payable pursuant hereto shall be calculated on the basis of a 360-day year for the actual days elapsed, except that, with respect
to ABR Loans the rate of interest on which is calculated on the basis of the Prime Rate, the interest thereon shall be calculated on the
basis of a 365- (or 366-, as the case may be) day year for the actual days elapsed. The Administrative Agent shall as soon as practicable
notify the Borrower and the relevant Lenders of each determination of an Adjusted LIBO Rate. Any change in the interest rate on a Loan
resulting from a change in the ABR or the Statutory Reserve Rate shall become effective as of the opening of business on the day on which
such change becomes effective. The Administrative Agent shall as soon as practicable notify the Borrower and the relevant Lenders of the
effective date and the amount of each such change in interest rate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-right: 0; margin-bottom: 12pt; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-right: 0; margin-bottom: 12pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(b) Each determination
of an interest rate by the Administrative Agent pursuant to any provision of this Agreement shall be conclusive and binding on the Borrower
and the Lenders in the absence of manifest error. The Administrative Agent shall, at the request of the Borrower, deliver to the Borrower
a statement showing the quotations used by the Administrative Agent in determining any interest rate pursuant to <U>Sections 2.9(a)</U>
and <U>(b)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">2.11&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Alternate
Rate of Interest</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(a) Subject to clauses
(b), (c), (d), (e), (f) and (g) of this <U>Section 2.11</U>, if prior to the first day of any Interest Period for a Term Benchmark Borrowing
denominated in any currency: (i) the Administrative Agent determines (which determination shall be conclusive absent manifest error) that
adequate and reasonable means do not exist for ascertaining the Adjusted LIBO Rate or the LIBO Rate, as applicable, for the applicable
currency and for any requested Interest Period, including because the LIBO Screen Rate is not available or published on a current basis;
or (ii) the Administrative Agent is advised by the Required Lenders that the Adjusted LIBO Rate or the LIBO Rate, as applicable, for the
applicable currency and any requested Interest Period will not adequately and fairly reflect the cost to such Lenders (or Lender) of making
or maintaining their Loans (or its Loan), including in such Borrowing for the applicable currency and such Interest Period;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify">then the Administrative Agent shall
give notice thereof to the Borrower and the Lenders by telephone, telecopy or electronic mail as promptly as practicable thereafter and,
until the Administrative Agent notifies the Borrower and the Lenders that the circumstances giving rise to such notice no longer exist,
(x) any interest election request that requests the conversion of any Borrowing to, or continuation of any Borrowing as, a Term Benchmark
Borrowing shall be ineffective, (B) if any Borrowing request requests a Term Benchmark Borrowing in Dollars, such Borrowing shall be made
as an ABR Borrowing and (C) if any Borrowing request requests a Term Benchmark Borrowing for the relevant rate above in the Optional Currency,
then such request shall be ineffective; <U>provided</U> that if the circumstances giving rise to such notice affect only one Type of Borrowings,
then all other Types of Borrowings shall be permitted. Furthermore, if any Term Benchmark Loan in any Agreed Currency is outstanding on
the date of the Borrower&#8217;s receipt of the notice from the Administrative Agent referred to in this &#8206;<U>Section 2.11(a)</U>
with respect to the applicable rate applicable to such Term Benchmark Loan, then until the Administrative Agent notifies the Borrower
and the Lenders that the circumstances giving rise to such notice no longer exist, (i) if such Term Benchmark Loan is denominated in Dollars,
then on the last day of the Interest Period applicable to such Loan (or the next succeeding Business Day if such day is not a Business
Day),</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-right: 0; margin-bottom: 0pt; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-right: 0; margin-bottom: 0pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify">such Loan shall be converted by the Administrative Agent to, and shall constitute, an ABR Loan denominated in Dollars on such day
or (ii) if such Term Benchmark Loan is denominated in the Optional Currency, then such Loan shall, on the last day of the Interest Period
applicable to such Loan (or the next succeeding Business Day if such day is not a Business Day) bear interest at the Central Bank Rate
plus the Applicable Rate; <U>provided</U> that, if the Administrative Agent determines (which determination shall be conclusive and binding
absent manifest error) that the Central Bank Rate for the Optional Currency cannot be determined, any outstanding affected Term Benchmark
Loans denominated in the Optional Currency shall, at the Borrower&#8217;s election prior to such day: (A) be prepaid by the Borrower on
such day or (B) solely for the purpose of calculating the interest rate applicable to such Term Benchmark Loan, such Term Benchmark Loan
denominated in the Optional Currency shall be deemed to be a Term Benchmark Loan denominated in Dollars and shall accrue interest at the
same interest rate applicable to Term Benchmark Loans denominated in Dollars at such time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(b) <U>Benchmark
Replacement</U>. &nbsp;Notwithstanding anything to the contrary herein or in any other Loan Document, if a Benchmark Transition Event, an Early
Opt-in Election or an Other Benchmark Rate Election, as applicable, and its related Benchmark Replacement Date have occurred prior to
the Reference Time in respect of any setting of the then-current Benchmark, then (x) if a Benchmark Replacement is determined in accordance
with clause (1) or (2) of the definition of &#8220;Benchmark Replacement&#8221; with respect to Dollars for such Benchmark Replacement
Date, such Benchmark Replacement will replace such Benchmark for all purposes hereunder and under any Loan Document in respect of such
Benchmark setting and subsequent Benchmark settings without any amendment to, or further action or consent of any other party to, this
Agreement or any other Loan Document and (y) if a Benchmark Replacement is determined in accordance with clause (3) of the definition
of &#8220;Benchmark Replacement&#8221; with respect to any Agreed Currency for such Benchmark Replacement Date, such Benchmark Replacement
will replace such Benchmark for all purposes hereunder and under any Loan Document in respect of any Benchmark setting at or after 5:00
p.m. (New York City time) on the fifth (5th) Business Day after the date notice of such Benchmark Replacement is provided to the Lenders
without any amendment to, or further action or consent of any other party to, this Agreement or any other Loan Document so long as the
Administrative Agent has not received, by such time, written notice of objection to such Benchmark Replacement from Lenders comprising
the Required Lenders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(c) <U>Flip Forward</U>.
&nbsp;Notwithstanding anything to the contrary herein or in any other Loan Document and subject to the proviso below in this paragraph, with
respect to a Loan denominated in Dollars, if a Term SOFR Transition Event and its related Benchmark Replacement Date have occurred prior
to the Reference Time in respect of any setting of the then-current Benchmark, then the applicable Benchmark Replacement will replace
the then-current Benchmark for all purposes hereunder or under any Loan Document in respect of such Benchmark setting and subsequent Benchmark
settings, without any amendment to, or further action or consent of any other party to, this Agreement or any other Loan Document;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in"><U>provided</U>
that, this <U>Section 2.11(c)</U> shall not be effective unless the Administrative Agent has delivered to the Lenders and the Borrower
a Term SOFR Notice. Notwithstanding anything contained herein to the contrary, the Administrative Agent shall not be required to deliver
a Term SOFR Notice after the occurrence of a Term SOFR Transition Event and may do so in its sole discretion. For the avoidance of doubt,
any applicable provisions set forth in this <U>Section 2.11</U> shall apply with respect to any Term SOFR transition pursuant to this
<U>Section 2.11(c)</U> as if such forward-looking term rate was initially determined in accordance herewith including, without limitation,
the provisions set forth in <U>Section 2.11(d)</U> and <U>Section 1.3</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(d) <U>Benchmark
Replacement Conforming Changes</U>. &nbsp;In connection with the implementation of a Benchmark Replacement, the Administrative Agent will have
the right to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in
any other Loan Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without any further
action or consent of any other party to this Agreement or any other Loan Document.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(e) <U>Notices;
Standards for Decisions and Determinations</U>. &nbsp;The Administrative Agent will promptly notify the Borrower and the Lenders of (i) any
occurrence of a Benchmark Transition Event, an Early Opt-in Election or an Other Benchmark Rate Election, as applicable, and its related
Benchmark Replacement Date, (ii) the implementation of any Benchmark Replacement, (iii) the effectiveness of any Benchmark Replacement
Conforming Changes, (iv) the removal or reinstatement of any tenor of a Benchmark pursuant to <U>clause (f)</U> below and (v) the commencement
or conclusion of any Benchmark Unavailability Period. Any determination, decision or election that may be made by the Administrative Agent
or, if applicable, any Lender (or group of Lenders) pursuant to this <U>Section 2.11</U>, including any determination with respect to
a tenor, rate or adjustment or of the occurrence or non-occurrence of an event, circumstance or date and any decision to take or refrain
from taking any action or any selection, will be conclusive and binding absent manifest error and may be made in its or their sole discretion
and without consent from any other party to this Agreement or any other Loan Document, except, in each case, as expressly required pursuant
to this <U>Section 2.11</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(f) <U>Unavailability
of Tenor of Benchmark</U>. &nbsp;Notwithstanding anything to the contrary herein or in any other Loan Document, at any time (including in connection
with the implementation of a Benchmark Replacement), (i) if the then-current Benchmark is a term rate (including Term SOFR or LIBO Rate)
and either (A) any tenor for such Benchmark is not displayed on a screen or other information service that publishes such rate from time
to time as selected by the Administrative Agent in its reasonable discretion or (B) the regulatory supervisor for the administrator of
such Benchmark has provided a public statement or publication of information announcing that any tenor for such Benchmark is or will be
no longer representative, then the Administrative Agent may modify the definition of &#8220;Interest Period&#8221; for any Benchmark settings
at or after such time to remove such unavailable or non-representative tenor and (ii) if a tenor that was removed pursuant to clause (i)
above either (A) is subsequently displayed on a screen or information service for a Benchmark (including a Benchmark Replacement) or (B)
is not, or is no longer, subject to an announcement that it is or will no longer be representative for a Benchmark (including a Benchmark
Replacement), then the Administrative Agent may modify the definition of &#8220;Interest Period&#8221; for all Benchmark settings at or
after such time to reinstate such previously removed tenor.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-right: 0; margin-bottom: 12pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(g) <U>Benchmark
Unavailability Period</U>. &nbsp;Upon the Borrower&#8217;s receipt of notice of the commencement of a Benchmark Unavailability Period, the Borrower
may revoke any request for a Term Benchmark Borrowing of, conversion to or continuation of Term Benchmark Loans to be made, converted
or continued during any Benchmark Unavailability Period and, failing that, either (x) the Borrower will be deemed to have converted any
such request for a Term Benchmark Borrowing denominated in Dollars into a request for a Borrowing of or conversion to ABR Loans or (y)
any Term Benchmark Borrowing denominated in the Optional Currency shall be ineffective. During any Benchmark Unavailability Period or
at any time that a tenor for the then-current Benchmark is not an Available Tenor, the component of ABR based upon the then-current Benchmark
or such tenor for such Benchmark, as applicable, will not be used in any determination of ABR. Furthermore, if any Term Benchmark Loan
in any Agreed Currency is outstanding on the date of the Borrower&#8217;s receipt of notice of the commencement of a Benchmark Unavailability
Period, then until such time as a Benchmark Replacement for such Agreed Currency is implemented pursuant to this &#8206;Section 2.11 (i)
if such Term Benchmark Loan is denominated in Dollars, then on the last day of the Interest Period applicable to such Loan (or the next
succeeding Business Day if such day is not a Business Day), such Loan shall be converted by the Administrative Agent to, and shall constitute,
an ABR Loan denominated in Dollars on such day, (ii) if such Term Benchmark Loan is denominated in the Optional Currency, then such Loan
shall, on the last day of the Interest Period applicable to such Loan (or the next succeeding Business Day if such day is not a Business
Day) bear interest at the Central Bank Rate plus the Applicable Margin; <U>provided</U> that, if the Administrative Agent determines (which
determination shall be conclusive and binding absent manifest error) that the Central Bank Rate for the Optional Currency cannot be determined,
any outstanding affected Term Benchmark Loans denominated in the Optional Currency shall, at the Borrower&#8217;s election prior to such
day: (A) be prepaid by the Borrower on such day or (B) solely for the purpose of calculating the interest rate applicable to such Term
Benchmark Loan, such Term Benchmark Loan denominated in the Optional Currency shall be deemed to be a Term Benchmark Loan denominated
in Dollars and shall accrue interest at the same interest rate applicable to Term Benchmark Loans denominated in Dollars at such time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">2.12&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Pro
Rata Treatment and Payments</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(a) Each
borrowing by the Borrower from the Lenders hereunder shall be made <U>pro</U>&nbsp;<U>rata</U> according to the respective Commitments
of the Lenders. Except as otherwise provided in <U>Sections 2.3(f) and 2.18(b)</U>, any reduction of the Commitments of the Lenders
shall be made pro rata according to the respective Commitments of the Lenders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-right: 0; margin-bottom: 0pt; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-right: 0; margin-bottom: 0pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify">Each payment by the Borrower on account of any commitment fee with respect to any period
shall be made pro rata according to the respective average daily Available Commitments of the Lenders for such period; <U>provided</U>,
that the Borrower shall not be obligated to pay any commitment fee owed to a Lender with respect to any period during which such Lender
became a Defaulting Lender and such Defaulting Lender&#8217;s Available Commitment shall not be included in the calculation of the commitment
fees owed to the Lenders that are not Defaulting Lenders during such period, unless in either case such Lender remains a Performing Lender
during such period.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(b) Except
as otherwise provided in <U>Sections 2.3(f)</U>&nbsp;and&nbsp;<U>2.18(b)</U>, each payment (including each prepayment) by the
Borrower on account of principal of and interest on the Loans shall be made <U>pro</U>&nbsp;<U>rata</U> according to the then
Dollar Equivalent of the respective outstanding principal amounts of the Loans then held by the Lenders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(c) All payments
(including prepayments) to be made by the Borrower hereunder, whether on account of principal, interest, fees or otherwise, shall be made
without setoff or counterclaim and shall be made prior to 12:00 Noon, New York City time, on the due date thereof to the Administrative
Agent, for the account of the Lenders, at the Funding Office, in immediately available funds. Payments and prepayments of principal of
and interest on Loans denominated in the Optional Currency shall be made in the Optional Currency; payments and prepayments of all other
amounts hereunder shall be made in the Base Currency. The Administrative Agent shall distribute such payments to the Lenders promptly
upon receipt in like funds as received. If any payment hereunder (other than payments on the Term Benchmark Loans) becomes due and payable
on a day other than a Business Day, such payment shall be extended to the next succeeding Business Day. If any payment on a Term Benchmark
Loan becomes due and payable on a day other than a Business Day, the maturity thereof shall be extended to the next succeeding Business
Day unless the result of such extension would be to extend such payment into another calendar month, in which event such payment shall
be made on the immediately preceding Business Day. In the case of any extension of any payment of principal pursuant to the preceding
two sentences, interest thereon shall be payable at the then applicable rate during such extension.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(d) Unless the Administrative
Agent shall have been notified in writing by any Lender prior to the Borrowing Time on a Borrowing Date that such Lender will not make
the amount that would constitute its share of such borrowing on such date available to the Administrative Agent, the Administrative Agent
may assume that such Lender has made such amount available to the Administrative Agent on such Borrowing Date, and the Administrative
Agent may, but shall not be so required to, in reliance upon such assumption, make available to the Borrower a corresponding amount. If
such amount is not made available to the Administrative Agent by the required time on such Borrowing Date, and if the Administrative Agent
makes such corresponding amount available to the Borrower, then such Lender shall pay to the Administrative Agent, on demand, such amount
with interest thereon, at a rate equal to the greater of (i) the NYFRB Rate and (ii) a rate determined by the Administrative Agent in
accordance with banking industry rules on interbank compensation, for the period until such Lender makes such amount immediately available
to the Administrative Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-right: 0; margin-bottom: 0pt; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify">A certificate of the Administrative Agent submitted to any Lender with respect to any amounts owing under
this paragraph shall be conclusive in the absence of manifest error. If the Administrative Agent makes such Lender&#8217;s share of such
borrowing available to the Borrower, and if such Lender&#8217;s share of such borrowing is not made available to the Administrative Agent
by such Lender within three (3) Business Days after such Borrowing Date, the Administrative Agent shall also be entitled to recover such
amount with interest thereon at the rate per annum applicable to ABR Loans, on demand, from the Borrower. The failure of any Lender to
make any Loan on any Borrowing Date shall not relieve any other Lender of its obligation hereunder to make a Loan on such Borrowing Date
pursuant to the provisions contained herein, but no Lender shall be responsible for the failure of any other Lender to make the Loan to
be made by such other Lender on any Borrowing Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(e) Unless
the Administrative Agent shall have been notified in writing by the Borrower prior to the date of any payment due to be made by
the Borrower hereunder that the Borrower will not make such payment to the Administrative Agent, the Administrative Agent may
assume that the Borrower is making such payment, and the Administrative Agent may, but shall not be required to, in reliance upon
such assumption, make available to the Lenders their respective <U>pro</U>&nbsp;<U>rata</U> shares of a corresponding amount.
If such payment is not made to the Administrative Agent by the Borrower within three (3) Business Days after such due date, the
Administrative Agent shall be entitled to recover, on demand, from each Lender to which any amount which was made available pursuant
to the preceding sentence, such amount with interest thereon at the rate per annum equal to the daily average NYFRB Rate. Nothing
herein shall be deemed to limit the rights of the Administrative Agent or any Lender against the Borrower.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">2.13&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Requirements
of Law</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(a) If the adoption
of or any change in any Requirement of Law or in the interpretation or application thereof or compliance by any Lender with any request
or directive (whether or not having the force of law) from any central bank or other Governmental Authority made subsequent to the date
hereof (a &#8220;<U>Change in Law</U>&#8221;):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(i) shall subject any
Lender to any Taxes (other than (A) Indemnified Taxes, (B) Taxes described in clauses (b) through (d) of the definition of Excluded Taxes
and (C) Connection Income Taxes) on its loans, loan principal, letters of credit, commitments or other obligations, or its deposits, reserves,
other liabilities or capital attributable thereto;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(ii) shall impose,
modify or hold applicable any reserve, special deposit, compulsory loan or similar requirement against assets held by, deposits or other
liabilities in or for the account of, advances, loans or other extensions of credit by, or any other acquisition of funds by, any office
of such Lender that is not otherwise included in the determination of the Adjusted LIBO Rate; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-right: 0; margin-bottom: 0pt; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(iii) shall impose
on such Lender any other condition;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">and the result of any of the foregoing is to
increase the cost to such Lender, by an amount that such Lender deems to be material, of making, converting into, continuing or maintaining
any Loans or to reduce any amount receivable hereunder in respect thereof, then, in any such case, the Borrower shall promptly pay such
Lender, upon its demand, any additional amounts necessary to compensate such Lender for such increased cost or reduced amount receivable.
If any Lender becomes entitled to claim any additional amounts pursuant to this paragraph, it shall promptly notify the Borrower (with
a copy to the Administrative Agent) of the event by reason of which it has become so entitled.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(b) If any
Lender shall have determined that the adoption of or any change in any Requirement of Law regarding capital adequacy or liquidity
or in the interpretation or application thereof or compliance by such Lender or any corporation controlling such Lender with any
request or directive regarding capital adequacy or liquidity (whether or not having the force of law) from any Governmental Authority
made subsequent to the date hereof shall have the effect of reducing the rate of return on such Lender&#8217;s or such corporation&#8217;s
capital as a consequence of its obligations hereunder to a level below that which such Lender or such corporation could have achieved
but for such adoption, change or compliance (taking into consideration such Lender&#8217;s or such corporation&#8217;s policies
with respect to capital adequacy or liquidity) by an amount deemed by such Lender to be material, then from time to time, after
submission by such Lender to the Borrower (with a copy to the Administrative Agent) of a written request therefor, the Borrower
shall pay to such Lender such additional amount or amounts as will compensate such Lender or such corporation for such reduction;
<U>provided</U> that the Borrower shall not be required to compensate a Lender pursuant to this paragraph for any amounts incurred
more than six Months prior to the date that such Lender notifies the Borrower of such Lender&#8217;s intention to claim compensation
therefor; and <U>provided</U>&nbsp;<U>further</U> that, if the circumstances giving rise to such claim have a retroactive effect,
then such six-Month period shall be extended to include the period of such retroactive effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(c) A certificate
as to any additional amounts payable pursuant to this Section submitted by any Lender to the Borrower (with a copy to the Administrative
Agent) shall be conclusive in the absence of manifest error. The obligations of the Borrower pursuant to this Section shall survive the
termination of this Agreement and the payment of the Loans and all other amounts payable hereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">(d) Notwithstanding
anything herein to the contrary (i) all requests, rules, guidelines, requirements and directives promulgated by the Bank for International
Settlements, the Basel Committee on Banking Supervision (or any successor or similar authority) or by United States or foreign regulatory
authorities, in each case pursuant to Basel III, and (ii) the Dodd-Frank Wall Street Reform and Consumer Protection Act and all requests,
rules, guidelines, requirements and directives thereunder or issued in connection therewith or in implementation thereof, shall in each
case be deemed to be a change in Requirements of Law, regardless of the date enacted, adopted, issued or implemented.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-right: 0; margin-bottom: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-right: 0; margin-bottom: 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-right: 0; margin-bottom: 0; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">2.14&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Taxes</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(a) All payments
made by or on behalf of the Borrower under this Agreement or any other Loan Document shall be made free and clear of, and without deduction
or withholding for or on account of, any Taxes; <U>provided</U>, that if any Taxes are required to be deducted or withheld from any amounts
payable to the Administrative Agent or any Lender, as determined in good faith by the applicable Withholding Agent, (x) the applicable
Withholding Agent shall be entitled to make such deduction or withholding and shall timely pay the amount deducted or withheld to the
relevant Governmental Authority in accordance with applicable law and (y) if such Tax is an Indemnified Tax, then the sum payable by the
Borrower to the Administrative Agent or such Lender shall be increased to the extent necessary so that after such deduction or withholding
has been made (including such deductions and withholdings applicable to additional sums payable under this Section), the Administrative
Agent or such Lender receives an amount equal to the sum it would have received had no such withholding or deduction been made.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(b) In addition,
the Borrower shall pay any Other Taxes to the relevant Governmental Authority in accordance with applicable law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(c) Whenever any
Indemnified Taxes are payable by the Borrower, as promptly as possible thereafter the Borrower shall send to the Administrative Agent
for its own account or for the account of the relevant Lender, as the case may be, a certified copy of an original official receipt received
by the Borrower showing payment thereof, a copy of the tax return reporting such payment or other evidence of such payment reasonably
satisfactory to the Administrative Agent. The Borrower shall indemnify the Administrative Agent and each Lender, within ten (10) days
after demand therefor, for the full amount of any Indemnified Taxes (including Indemnified Taxes imposed or asserted on or attributable
to amounts payable under this Section) payable or paid by the Administrative Agent or such Lender or required to be withheld or deducted
from a payment to the Administrative Agent or such Lender and any reasonable expenses arising therefrom or with respect thereto, whether
or not such Indemnified Taxes were correctly or legally imposed or asserted by the relevant Governmental Authority. A certificate as to
the amount of such payment or liability delivered to the Borrower by a Lender (with a copy to the Administrative Agent), or by the Administrative
Agent on its own behalf or on behalf of a Lender, shall be conclusive absent manifest error.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(d) Each Lender
shall severally indemnify the Administrative Agent, within ten (10) days after receiving demand therefor, for the full amount of (i) any
Indemnified Taxes that are attributable to such Lender and that are payable or paid by the Administrative Agent (but only to the extent
that Borrower has not already indemnified the Administrative Agent for such Indemnified Taxes and without limiting the obligation of the
Borrower to do so),</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-right: 0; margin-bottom: 0pt; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify">(ii) any Taxes attributable to such Lender&#8217;s failure to comply with the provisions of <U>Section 8.6(b)</U>
relating to the maintenance of a Participant Register, and (iii) any Excluded Taxes attributable to such Lender, in each case that are
payable or paid by the Administrative Agent in connection with any Loan Document, together with all reasonable costs and expenses arising
therefrom or with respect thereto, as determined by the Administrative Agent in good faith, whether or not such Indemnified Taxes were
correctly or legally imposed or asserted by the relevant Governmental Authority. A certificate as to the amount of such payment or liability
delivered to any Lender by the Administrative Agent shall be conclusive absent manifest error. Each Lender hereby authorizes the Administrative
Agent to set off and apply any and all amounts at any time owing to such Lender under any Loan Document or otherwise payable by the Administrative
Agent to the Lender from any other source against any amount due to the Administrative Agent under this paragraph (d).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(e) Each Lender
(or Transferee) that is a &#8220;United States person&#8221; as defined in Section 7701(a)(30) of the Code shall deliver to the Borrower
and the Administrative Agent on or before the date on which it becomes a party to this Agreement (and thereafter upon the reasonable request
of the Borrower or Administrative Agent) two properly completed and duly signed copies of U.S. Internal Revenue Service Form W-9 (or any
successor form) certifying that such Lender is exempt from U.S. federal backup withholding tax.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(f) Each Lender
(or Transferee) that is not a &#8220;United States person&#8221; (a &#8220;<U>Non-U.S. Lender</U>&#8221;) shall deliver to the Borrower
and the Administrative Agent (or, in the case of a Participant, to the Lender from which the related participation shall have been purchased)
on or about the date on which such Non-U.S. Lender becomes a Lender under this Agreement (or, in the case of any Participant, on or before
the date such Participant purchases the related participation) and from time to time thereafter upon the reasonable request of the Borrower
or the Administrative Agent whichever of the following is applicable:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(i) in the case of
a Non-U.S. Lender claiming the benefits of an income tax treaty to which the United States is a party (x) with respect to payments of
interest under any Loan Document, two copies of either U.S. Internal Revenue Service Form W-8BEN or Form W-8BEN-E establishing an exemption
from, or reduction of, U.S. federal withholding Tax pursuant to the &#8220;interest&#8221; article of such tax treaty and (y) with respect
to any other applicable payments under any Loan Document, U.S. Internal Revenue Service Form W-8BEN or Form W-8BEN-E establishing an exemption
from, or reduction of, U.S. federal withholding Tax pursuant to the &#8220;business profits&#8221; or &#8220;other income&#8221; article
of such tax treaty;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 1in">(ii) two copies of U.S.
Internal Revenue Service Form W-8ECI;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-right: 0; margin-bottom: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-right: 0; margin-bottom: 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 1in">(iii) in the case of a
Non-U.S. Lender claiming the benefits of the exemption for portfolio interest under Section 881(c) of the Code, (x) a certificate substantially
in the form of Exhibit E-1 to the effect that such Non-U.S. Lender is not a &#8220;bank&#8221; within the meaning of Section 881(c)(3)(A)
of the Code, a &#8220;10 percent shareholder&#8221; of the Borrower within the meaning of Section 871(h)(3)(B) of the Code, or a &#8220;controlled
foreign corporation&#8221; related to the Borrower as described in Section 881(c)(3)(C) of the Code (a &#8220;U.S. Tax Compliance Certificate&#8221;)
and (y) two copies of U.S. Internal Revenue Service Form W-8BEN or W-8BEN-E; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 1in">(iv) to the extent a Non-U.S.
Lender is not the beneficial owner, two copies of U.S. Internal Revenue Service Form W-8IMY, accompanied by U.S. Internal Revenue Service
Form W-8ECI, U.S. Internal Revenue Service Form W-8BEN, U.S. Internal Revenue Service Form W-8BEN-E, a U.S. Tax Compliance Certificate
substantially in the form of Exhibit E-2 or Exhibit E-3, U.S. Internal Revenue Service Form W-9, and/or other certification documents
from each beneficial owner, as applicable; <U>provided</U> that if the Non-U.S. Lender is a partnership and one or more direct or indirect
partners of such Non-U.S. Lender are claiming the portfolio interest exemption, such Non-U.S. Lender may provide a U.S. Tax Compliance
Certificate substantially in the form of Exhibit E-4 on behalf of each such direct and indirect partner.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 94.5pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(g) Each Non-U.S.
Lender shall deliver any other form prescribed by applicable requirements of U.S. federal income tax law as a basis for claiming exemption
from or a reduction in U.S. federal withholding tax duly completed together with such supplementary documentation as may be prescribed
by applicable requirements of law to permit the Borrower and the Administrative Agent to determine the withholding or deduction required
to be made. Such forms shall be delivered by each Non-U.S. Lender on or before the date it becomes a party to this Agreement (or, in the
case of any Participant, on or before the date such Participant purchases the related participation) and from time to time thereafter
upon the reasonable request of the Borrower or the Administrative Agent. Notwithstanding any other provision of this Section, a Lender
shall not be required to deliver any form pursuant to this Section that such Lender is not legally able to deliver.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(h) A Lender (or
participant) that is entitled to an exemption from or reduction of non-U.S. withholding tax under the law of the jurisdiction in which
the Borrower is located, or any treaty to which such jurisdiction is a party, with respect to payments under this Agreement shall deliver
to the Borrower (with a copy to the Administrative Agent), at the time or times prescribed by applicable law or reasonably requested by
the Borrower or the Administrative Agent, such properly completed and executed documentation prescribed by applicable law as will permit
such payments to be made without withholding or at a reduced rate, <U>provided</U> that such Lender (or participant) is legally entitled
to complete, execute and deliver such documentation and in such Lender&#8217;s (or participant&#8217;s) reasonable judgment such completion,
execution or submission would not materially prejudice the legal or commercial position of such Lender (or participant).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-right: 0; margin-bottom: 0pt; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(i) If a payment
made to a Lender under any Loan Document would be subject to U.S. federal withholding tax imposed by FATCA if such Lender were to fail
to comply with the applicable reporting requirements of FATCA (including those contained in Section 1471(b) or 1472(b) of the Code, as
applicable), such Lender shall deliver to the Borrower and the Administrative Agent at the time or times prescribed by law and at such
time or times reasonably requested by the Borrower or the Administrative Agent such documentation prescribed by applicable law (including
as prescribed by Section 1471(b)(3)(C)(i) of the Code) and such additional documentation reasonably requested by the Borrower or the Administrative
Agent as may be necessary for the Borrower and the Administrative Agent to comply with their obligations under FATCA and to determine
that such Lender has complied with such Lender&#8217;s obligations under FATCA or to determine the amount to deduct and withhold from
such payment. Solely for purposes of this paragraph (g), &#8220;FATCA&#8221; shall include any amendments made to FATCA after the date
of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(j) Each Lender
agrees that if any form or certification it previously delivered pursuant to this <U>Section 2.14</U> expires or becomes obsolete or inaccurate
in any respect, it shall update such form or certification or promptly notify the Borrower and the Administrative Agent in writing of
its legal inability to do so.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(k) If the Administrative
Agent or a Lender determines, in its sole good faith discretion, that it has received a refund of any Indemnified Taxes as to which it
has been indemnified by the Borrower or with respect to which the Borrower has paid additional amounts pursuant to this <U>Section 2.14</U>,
it shall pay to the Borrower an amount equal to such refund (but only to the extent of indemnity payments made, or additional amounts
paid, by the Borrower under this <U>Section 2.14</U> with respect to Indemnified Taxes giving rise to such refund), net of all out-of-pocket
expenses of the Administrative Agent or such Lender and without interest (other than any interest paid by the relevant Governmental Authority
with respect to such refund); <U>provided</U>, that the Borrower agrees to pay, upon the request of the Administrative Agent or such Lender,
the amount paid over to the Borrower pursuant to this <U>paragraph (k)</U> (plus any penalties, interest or other charges imposed by the
relevant Governmental Authority) to the Administrative Agent or such Lender in the event that the Administrative Agent or such Lender
is required to repay such refund to such Governmental Authority. Notwithstanding anything to the contrary in this paragraph (i), in no
event will the indemnified party be required to pay any amount to an indemnifying party pursuant to this <U>paragraph (k)</U> the payment
of which would place the indemnified party in a less favorable net after-tax position than the indemnified party would have been in if
the indemnification payments or additional amounts giving rise to such refund had never been paid. This <U>Section 2.14(k)</U> shall not
be construed to require the Administrative Agent or a Lender to make available its Tax returns (or any other information relating to its
Taxes that it deems confidential) to the Borrower.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(l) The agreements
in this Section shall survive the termination of this Agreement and the payment of the Loans and all other amounts payable hereunder.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">2.15&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Indemnity</U>.
&nbsp;The Borrower agrees to indemnify each Lender for, and to hold each Lender harmless from, any loss or expense that such Lender may sustain
or incur as a consequence of (a)&nbsp;default by the Borrower in making a borrowing of, conversion into or continuation of Term Benchmark
Loans after the Borrower has given a notice requesting the same in accordance with the provisions of this Agreement, (b) default by the
Borrower in making any prepayment of or conversion from Term Benchmark Loans after the Borrower has given a notice thereof in accordance
with the provisions of this Agreement, (c) the making of a prepayment of Term Benchmark Loans on a day that is not the last day of an
Interest Period with respect thereto or (d) the assignment of any Term Benchmark Loan other than on the last day of an Interest Period
with respect thereto as the result of a request by the Borrower pursuant to <U>Section 2.18(a)</U>; <U>provided</U>, <U>however</U>, that
the Borrower shall not be obligated to indemnify a Defaulting Lender that is not a Performing Lender for any such loss or expense (incurred
while such Lender was a Defaulting Lender) related to the prepayment or assignment of any Term Benchmark Loan owed to such Defaulting
Lender. Such indemnification may include an amount equal to the excess, if any, of (i) the amount of interest that would have accrued
on the amount so prepaid, or not so borrowed, converted or continued, for the period from the date of such prepayment or of such failure
to borrow, convert or continue to the last day of such Interest Period (or, in the case of a failure to borrow, convert or continue, the
Interest Period that would have commenced on the date of such failure) in each case at the applicable rate of interest for such Loans
provided for herein (excluding, however, the Applicable Margin included therein, if any) <U>over</U> (ii) the amount of interest (as reasonably
determined by such Lender) that would have accrued to such Lender on such amount by placing such amount on deposit for a comparable period
with leading banks in the interbank eurocurrency market. A certificate as to any amounts payable pursuant to this Section submitted to
the Borrower by any Lender shall be conclusive in the absence of manifest error. This covenant shall survive the termination of this Agreement
and the payment of the Loans and all other amounts payable hereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">2.16&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Change
of Lending Office.</U> &nbsp;Each Lender agrees that, upon the occurrence of any event giving rise to the operation of <U>Section 2.13</U> or
<U>2.14(a)</U> with respect to such Lender, it will, if requested by the Borrower, use reasonable efforts (subject to overall policy considerations
of such Lender) to designate another lending office for any Loans affected by such event with the object of avoiding the consequences
of such event; <U>provided</U>, that such designation is made on terms that, in the sole judgment of such Lender, cause such Lender and
its lending office(s) to suffer no economic, legal or regulatory disadvantage, and <U>provided</U>, <U>further</U>, that nothing in this
Section shall affect or postpone any of the obligations of the Borrower or the rights of any Lender pursuant to <U>Section 2.13</U> or
<U>2.14(a)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">2.17&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Illegality</U>.
&nbsp;If, after the date of this Agreement, the introduction of, or any change in, any applicable law, rule or regulation or in the interpretation
or administration thereof by any Governmental Authority shall, in the reasonable opinion of counsel to any Lender, make it unlawful for
such Lender to make or maintain any Term Benchmark Loan or if it becomes unlawful and/or contrary to Sanctions, or declared to be contrary
to Sanctions or sanctionable by any Sanctions Authority for such Lender to make or maintain any Term Benchmark Loan, then such Lender
may, by notice to the Borrower (with notice to the Administrative Agent), immediately declare that such Term Benchmark Loan shall be due
and payable. The Borrower shall repay any such Term Benchmark Loan declared so due and payable in full on the last day of the Interest
Period applicable thereto or earlier if required by law, together with accrued interest thereon. Each Lender will promptly notify the
Borrower and the Administrative Agent of any event of which such Lender has knowledge which would entitle it to repayment pursuant to
this <U>Section 2.17</U> and will use its reasonable efforts to mitigate the effect of any event if, in the sole and absolute opinion
of such Lender, such efforts will avoid the need for such prepayment and will not be otherwise disadvantageous to such Lender.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">2.18&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Replacement
of Lenders</U>. &nbsp;(a) The Borrower shall be permitted to replace any Lender (i) that has failed to consent to a proposed amendment, waiver
or other modification that, pursuant to the terms of <U>Section 8.1</U>, requires the consent of all Lenders, or all affected Lenders,
and with respect to which the Required Lenders shall have granted their consent or (ii) that requests reimbursement for amounts owing
pursuant to <U>Section 2.13</U> or <U>2.14(a)</U> with a replacement financial institution; <U>provided</U> that (A) such replacement
does not conflict with any Requirement of Law, (B) no Event of Default shall have occurred and be continuing at the time of such replacement,
(C) prior to any such replacement, such Lender shall have taken no action under <U>Section 2.16</U> so as to eliminate the continued need
for payment of amounts owing pursuant to <U>Section 2.13</U> or <U>2.14(a)</U>, (D) the replacement financial institution shall purchase,
at par, in immediately available funds, all Loans and other amounts owing to such replaced Lender on or prior to the date of replacement,
(E) the Borrower shall be liable to such replaced Lender under <U>Section 2.15</U> if any Term Benchmark Loan owing to such replaced Lender
shall be purchased other than on the last day of the Interest Period relating thereto, (F) the replacement financial institution, if not
already a Lender, shall be reasonably satisfactory to the Administrative Agent, (G) the replaced Lender shall be obligated to make such
replacement in accordance with the provisions of <U>Section 8.6</U> (provided that the Borrower shall be obligated to pay the registration
and processing fee referred to therein) and (H) the Borrower shall remain liable to such replaced Lender for all additional interest,
fees and other amounts (if any) payable hereunder and under the other Loan Documents, including any amounts required pursuant to <U>Section
2.13</U> or <U>2.14(a)</U>, as the case may be.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(b) The Borrower
shall be permitted to replace any Defaulting Lender with a replacement financial institution; <U>provided</U> that (i) such replacement
does not conflict with any Requirement of Law, (ii) no Event of Default shall have occurred and be continuing at the time of such replacement,
(iii) the replacement financial institution shall purchase, at par, in immediately available funds, all Loans and other amounts owing
to such replaced Lender on or prior to the date of replacement, (iv) the replacement financial institution, if not already a Lender, shall
be reasonably satisfactory to the Administrative Agent, (v) the replaced Lender shall be obligated to make such replacement in accordance
with the provisions of <U>Section 8.6</U> (provided that the Borrower shall be obligated to pay the registration and processing fee referred
to therein) and (vi)&nbsp;any such replacement shall not be deemed to be a waiver of any rights that the Borrower, the Administrative
Agent or any other Lender shall have against the replaced Lender. To the extent the Borrower is unable to replace any Defaulting Lender
with a replacement financial institution, the Borrower may, to the extent that the reduction in the Total Commitments provided for in
this sentence does not cause the Total Commitments to fall below the outstanding Loans, remove such Defaulting Lender by repaying such
Defaulting Lender&#8217;s outstanding Loans and reducing the Total Commitments by an amount equal to such Defaulting Lender&#8217;s Commitment.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-right: 0; margin-bottom: 0pt; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">2.19&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Judgment
Currency</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(a) If, for the
purpose of obtaining judgment in any court, it is necessary to convert a sum owing hereunder in one currency into another currency, each
party hereto agrees, to the fullest extent that it may effectively do so, that the rate of exchange used shall be that at which, in accordance
with normal banking procedures in the relevant jurisdiction, the first currency could be purchased with such other currency on the Business
Day immediately preceding the day on which final judgment is given.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(b) The obligations
of the Borrower in respect of any sum due to any party hereto or any holder of the obligations owing hereunder (the &#8220;<U>Applicable
Creditor</U>&#8221;) shall, notwithstanding any judgment in a currency (the &#8220;<U>Judgment Currency</U>&#8221;) other than the currency
in which such sum is stated to be due hereunder (the &#8220;<U>Agreement Currency</U>&#8221;), be discharged only to the extent that,
on the Business Day following receipt by the Applicable Creditor of any sum adjudged to be so due in the Judgment Currency, the Applicable
Creditor may in accordance with normal banking procedures in the relevant jurisdiction purchase the Agreement Currency with the Judgment
Currency; if the amount of the Agreement Currency so purchased is less than the sum originally due to the Applicable Creditor in the Agreement
Currency, the Borrower as a separate obligation and notwithstanding any such judgment, agrees to indemnify the Applicable Creditor against
such loss. The obligations of the Borrower contained in this Section shall survive the termination of this Agreement and the payment of
all other amounts owing hereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">SECTION 3.&#9;&nbsp;&nbsp;REPRESENTATIONS AND WARRANTIES</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">To induce the Administrative
Agent and the Lenders to enter into this Agreement and to make the Loans, the Borrower hereby represents and warrants to the Administrative
Agent and each Lender that:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">3.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Change</U>. &nbsp;Since December 31, 2020, there has been no development or event that has had or could reasonably be expected to have a Material
Adverse Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">3.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Existence;
Compliance with Law</U>. &nbsp;The Borrower (a) is duly organized, validly existing and in good standing under the laws of the jurisdiction
of its organization, (b) has the power and authority, and the legal right, to own and operate its property and to conduct the business
in which it is currently engaged, (c) is duly qualified as a foreign corporation and in good standing under the laws of each jurisdiction
where its ownership or operation of property or the conduct of its business requires such qualification except where the failure to be
so duly qualified could not reasonably be expected to have a Material Adverse Effect and (d) is in compliance with all Requirements of
Law except to the extent that the failure to comply therewith could not, in the aggregate, reasonably be expected to have a Material Adverse
Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">3.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Power;
Authorization; Enforceable Obligations</U>. &nbsp;The Borrower has the power and authority, and the legal right, to make, deliver and perform
the Loan Documents to which it is a party and to obtain Loans hereunder. The Borrower has taken all necessary organizational action to
authorize the execution, delivery and performance of the Loan Documents to which it is a party and to authorize the Loans on the terms
and conditions of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0pt">No consent or authorization of, filing with, notice to or other act by or in respect of, any Governmental
Authority or any other Person is required in connection with the Loans hereunder or with the execution, delivery, performance, validity
or enforceability of this Agreement or any of the Loan Documents to which the Borrower is a party, except consents, authorizations, filings
and notices described in <U>Schedule 3.3</U>, which consents, authorizations, filings and notices have been obtained or made and are in
full force and effect. Each Loan Document to which the Borrower is a party has been duly executed and delivered on behalf of the Borrower.
This Agreement constitutes, and each other Loan Document to which the Borrower is a party, upon execution will constitute, a legal, valid
and binding obligation of the Borrower, enforceable against the Borrower in accordance with its terms, except as enforceability may be
limited by applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting the enforcement of creditors&#8217;
rights generally and by general equitable principles (whether enforcement is sought by proceedings in equity or at law).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">3.4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Legal Bar</U>. &nbsp;The execution, delivery and performance of this Agreement and the other Loan Documents to which the Borrower is a party,
the borrowings hereunder and the use of the proceeds thereof will not violate any Requirement of Law or any Contractual Obligation of
the Borrower and will not result in, or require, the creation or imposition of any Lien (other than any Borrower Permitted Lien) on any
of the Borrower&#8217;s properties or revenues pursuant to any Requirement of Law or any such Contractual Obligation. No Requirement of
Law or Contractual Obligation applicable to the Borrower could reasonably be expected to have a Material Adverse Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">3.5&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Litigation</U>.
&nbsp;No litigation, investigation or proceeding of or before any arbitrator or Governmental Authority is pending or, to the knowledge of the
Borrower, threatened by or against the Borrower or against any of its properties or revenues (a) with respect to any of the Loan Documents
to which the Borrower is a party or any of the transactions contemplated hereby or thereby, or (b) that could reasonably be expected to
have a Material Adverse Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">3.6&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Default</U>. &nbsp;The Borrower is not in default under or with respect to any of its Contractual Obligations in any respect that could reasonably
be expected to have a Material Adverse Effect. No Default or Event of Default has occurred and is continuing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">3.7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Ownership
of Property; Liens</U>. &nbsp;The Borrower has good title to all its property, and none of such property is subject to any Lien other than Borrower
Permitted Liens.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">3.8&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Taxes</U>.
&nbsp;The Borrower has filed or caused to be filed all federal, state and other material Tax returns that are required to be filed and has paid
all Taxes shown to be due and payable on said returns or on any assessments made against it or any of its property and all other Taxes,
fees or other charges imposed on it or any of its property by any Governmental Authority (other than any Taxes, fees or other charges
the amount or validity of which are currently being contested in good faith by appropriate proceedings and with respect to which reserves
in conformity with GAAP have been provided on the books of the Borrower). No Tax Lien (other than any Borrower Permitted Lien) has been
filed, and, to the knowledge of the Borrower, no claim is being asserted, with respect to any such Tax, fee or other charge.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-align: justify; text-indent: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">3.9&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Federal
Regulations</U>. &nbsp;No part of the proceeds of any Loans will be used for &#8220;buying&#8221; or &#8220;carrying&#8221; any &#8220;margin
stock&#8221; within the respective meanings of each of the quoted terms under Regulation U as now and from time to time hereafter in effect
or for any purpose that violates the provisions of the applicable margin regulations of the Board. If requested by any Lender or the Administrative
Agent, the Borrower will furnish to the Administrative Agent and each Lender a statement to the foregoing effect in conformity with the
requirements of FR Form G-3 or FR Form U&#45;1, as applicable, referred to in Regulation U.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">3.10&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Investment
Company Act; Other Regulations</U>. &nbsp;The Borrower is not an &#8220;investment company&#8221;, or a company &#8220;controlled&#8221; by
an &#8220;investment company&#8221;, within the meaning of the Investment Company Act of 1940, as amended. The Borrower is not subject
to regulation under any Requirement of Law (other than Regulation X) that limits its ability to incur Indebtedness.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">3.11&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Subsidiaries</U>. &nbsp;The Borrower has no direct or indirect Subsidiaries.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">3.12&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Use
of Proceeds</U>. &nbsp;The proceeds of the Loans shall be used solely to either (i) prepay the total amount outstanding under the Existing Credit
Facility, (ii) make advances under the Series 2002&#45;1 VFC, (iii) repay Permitted Indebtedness outstanding from time to time or (iv)
pay expenses incurred in connection with this Agreement and any Pari Passu Indebtedness.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">3.13&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Solvency</U>.
&nbsp;Each Loan Party is, and after giving effect to the incurrence of all Indebtedness and obligations being incurred in connection herewith
and therewith will be and will continue to be, Solvent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">3.14&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Limited
Purpose</U>. &nbsp;The Borrower is a single purpose entity that was formed for the sole purpose of (i) holding the Series 2002-1 VFC, (ii) borrowing
under the Commitments hereunder, (iii) incurring Pari Passu Indebtedness and (iv) entering into Hedge Agreements in connection with the
Commitments hereunder and such Pari Passu Indebtedness. Other than cash derived from Hedge Agreements and distributions of Series 2002-1
Accrued Interest and Series 2002-1 Invested Amount to the Borrower under the Series 2002-1 VFC, which cash shall be used by the Borrower
solely to make interest, principal and premium (if any) payments under this Agreement and under any Pari Passu Indebtedness and to pay
for its reasonable operating expenses (and, in the case of cash derived from Hedge Agreements, to make advances under the Series 2002-1
VFC), the Series 2002-1 VFC is the sole asset of the Borrower.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">3.15&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Financial
Condition; Beneficial Ownership Certification</U>. &#8239;The balance sheet of the Borrower as at December 31, 2020 and the related statements
of income for the fiscal year ended on such date, reported on by the Borrower&#8217;s independent public accountants, copies of which
have heretofore been furnished to the Administrative Agent, are complete and correct, in all material respects, and present fairly the
financial condition of the Borrower as at such date, and the results of operations for the fiscal year then ended. Such financial statements,
including any related schedules and notes thereto, have been prepared in accordance with GAAP applied consistently throughout the periods
involved (except as approved by the external auditors and as disclosed therein, if any). As of the Closing Date, the information included
in the Beneficial Ownership Certification of the Borrower is true, complete and correct.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">3.16&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Financial
Institutions</U>. &nbsp;No Loan Party is an EEA Financial Institution or a UK Financial Institution.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">3.17&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Sanctions</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(a) The Borrower
is, to the extent applicable, in compliance with Sanctions and with the Foreign Corrupt Practices Act of 1977, as amended, and the rules
and regulations thereunder (the &#8220;<U>FCPA</U>&#8221;) and any other applicable anti-corruption law, in all material respects.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(b) The Borrower
is not, and no director or senior officer of the Borrower is, any of the following:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(i) a Restricted Person;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(ii) a Person owned
fifty percent (50%) or more or controlled by, or acting on behalf of, any Restricted Person or Restricted Persons; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(iii) a Person that
commits, threatens or conspires to commit or support &#8220;terrorism&#8221; as defined in the Executive Order.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">The foregoing representations in
this <U>Section 3.17</U> will not apply to any party hereto to which Council Regulation (EC) 2271/96 (the &#8220;<U>Blocking Regulation</U>&#8221;)
applies, if and to the extent that such representations are or would be unenforceable by or in respect of that party pursuant to, or would
otherwise result in a breach and/or violation of, (i) any provision of the Blocking Regulation (or any law or regulation implementing
the Blocking Regulation in any member state of the European Union) or (ii) any similar blocking or anti-boycott law in the United Kingdom.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">SECTION 4.&#9;&nbsp;&nbsp;CONDITIONS PRECEDENT</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">4.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Conditions
to Effectiveness</U>. &nbsp;&nbsp;This Agreement shall become effective on the first day on which all of the following conditions have been satisfied:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Credit
Agreement; Guaranty Agreement</U>. &nbsp;The Administrative Agent shall have received (i)&nbsp;this Agreement executed and delivered by the
Administrative Agent, the Borrower and each Person listed on <U>Schedule 1.1</U> and (ii) the Guaranty Agreement, executed and delivered
by the Guarantor.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Series
2002-1 VFC</U>. &nbsp;The conditions set forth in Section 8.01 of the Series 2002-1 Supplement shall have been satisfied, the Administrative
Agent shall have received copies of each of the agreements, instruments, documents, certificates and opinions referred to therein and
the Series 2002-1 VFC shall have been issued and delivered to the Borrower pursuant to the Series 2002-1 Supplement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-right: 0; margin-bottom: 0pt; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-right: 0; margin-bottom: 0pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Fees</U>.
&nbsp;The Lenders and the Administrative Agent shall have received all fees required to be paid, and all expenses for which invoices have been
presented (including the reasonable fees and expenses of legal counsel), on or before the Closing Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Closing
Certificates; Good Standing Certificates</U>. &nbsp;The Administrative Agent shall have received (i) a Responsible Officer&#8217;s certificate
of the Borrower, dated the Closing Date, substantially in the form of <U>Exhibit B-1</U> and a secretary&#8217;s certificate of the Borrower,
dated the Closing Date, substantially in the form of <U>Exhibit B-2</U>, with appropriate insertions and attachments satisfactory in form
and substance to the Administrative Agent, including (A) the certificate of incorporation of the Borrower, certified by the relevant authority
of the jurisdiction of organization of the Borrower, and the bylaws of the Borrower, (B) Board of Directors resolutions in respect of
the Loan Documents to which the Borrower is a party, and (C) incumbency certificates with respect to the Borrower, (ii) a Responsible
Officer&#8217;s certificate of the Guarantor, dated the Closing Date, substantially in the form of <U>Exhibit B-3</U> and a certificate
of the secretary or assistant secretary of the Guarantor, dated the Closing Date, substantially in the form of <U>Exhibit B-4</U>, with
appropriate insertions and attachments satisfactory in form and substance to the Administrative Agent, including (A) the certificate of
incorporation and memorandum of association of the Guarantor and the bye-laws of the Guarantor, (B) Board of Directors resolutions in
respect of the Loan Documents to which the Guarantor is a party, and (C) incumbency certificates with respect to the Guarantor, and (iii)
a good standing certificate (or similar certificate) for each of the Borrower and the Guarantor from their respective jurisdictions of
organization.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Legal
Opinions</U>. &nbsp;The Administrative Agent shall have received the following executed legal opinions:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 0.75in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
legal opinion of Reed Smith LLP, New York counsel to the Borrower and New York counsel to the Guarantor, substantially in the form of
<U>Exhibit D-1</U>; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 0.75in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
legal opinion of Conyers Dill &amp; Pearman Limited, Bermuda counsel to the Guarantor, substantially in the form of <U>Exhibit D-2</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify">Each such legal opinion shall cover such
other matters incident to the transactions contemplated by this Agreement as the Administrative Agent may reasonably require.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Representations
and Warranties</U>. &nbsp;Each of the representations and warranties made by any Loan Party in or pursuant to the Loan Documents shall be true
and correct in all material respects on and as of such date; <U>provided</U> that, the representations and warranties made in <U>Sections
3.1</U>, <U>3.2</U>, <U>3.3</U>, <U>3.4</U>, <U>3.5</U>, <U>3.6</U>, <U>3.9</U>, <U>3.13</U>, <U>3.14</U> and <U>3.15</U> shall be true
and correct in all respects as of such date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Compliance
with Laws</U>.&nbsp; The Administrative Agent shall have received evidence reasonably satisfactory to it that the business conducted and proposed
to be conducted by the Borrower and the Guarantor is in compliance with all applicable laws and regulations and that all registrations,
filings and licenses and/or consents required to be obtained by the Borrower or the Guarantor, as the case may be, in connection therewith
have been made or obtained and are in full force and effect, except to the extent that the failure to comply with the foregoing could
not, in the aggregate, reasonably be expected to have a Material Adverse Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-right: 0; margin-bottom: 0pt; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-right: 0; margin-bottom: 0pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Series 2002-1 Early Amortization Event or Potential Series 2002-1 Early Amortization Event</U>. &nbsp;No Series 2002-1 Early Amortization Event
or Potential Series 2002-1 Early Amortization Event shall have occurred and be continuing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Guarantor
Financials</U>. &nbsp;The Administrative Agent shall have received (i) audited consolidated financial statements of the Guarantor for its fiscal
year ended December 31, 2020, and (ii) unaudited consolidated financial statements for its fiscal quarter ended March 31, 2021.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(j)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Guarantor,
Master Trust and Borrower Rating</U>.&nbsp; The Administrative Agent shall have received evidence reasonably satisfactory to it that the Guarantor&#8217;s
long-term unsecured debt rating or senior implied rating, as applicable, is at least &#8220;BBB-&#8221; by S&amp;P and either the Master
Trust&#8217;s or the Borrower&#8217;s long-term unsecured debt rating is at least &#8220;Baa3&#8221; by Moody&#8217;s.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(k)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Notice
of Termination of Existing Credit Facility</U>. &nbsp;The Administrative Agent shall have received written notice from the Borrower to terminate
the Existing Credit Facility in accordance with its terms and all outstanding obligations thereunder shall have been paid in full.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(l)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>BAFC
Liquidity Agreement</U>. &nbsp;The Administrative Agent shall have received a copy of the executed BAFC Liquidity Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(m)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U>Beneficial Ownership Certification</U>. &nbsp;To the extent the Borrower qualifies as a &#8220;legal entity customer&#8221; under the Beneficial
Ownership Regulation, each Lender that has requested, in a written notice to the Borrower at least ten (10) days prior to the Closing
Date, a Beneficial Ownership Certification in relation to the Borrower, shall have received such Beneficial Ownership Certification at
least five (5) days prior to the Closing Date (<U>provided</U> that, upon the execution and delivery by such Lender of its signature page
to this Agreement, the condition set forth in this clause (m) shall be deemed to be satisfied).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">4.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Conditions
to Each Loan</U>. &nbsp;The agreement of each Lender to make any Loan requested to be made by it on any date (including its initial Loan) is
subject to the satisfaction of the following conditions precedent:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Representations
and Warranties</U>. Each of the representations and warranties made by any Loan Party in or pursuant to the Loan Documents shall be true
and correct in all material respects on and as of such date as if made on and as of such date (unless any representations and warranties
expressly relate to an earlier date, in which case they shall have been true and correct in all material respects as of such earlier date);
<U>provided</U> that, the representations and warranties made in <U>Sections 3.1</U>, <U>3.2</U>, <U>3.3</U>, <U>3.4</U>, <U>3.5</U>,
<U>3.6</U>, <U>3.9</U>, <U>3.13</U>, <U>3.14</U> and <U>3.15</U> shall be true and correct in all respects on and as of such date as if
made on and as of such date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-right: 0; margin-bottom: 0pt; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-right: 0; margin-bottom: 0pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Default</U>. No Default or Event of Default shall have occurred and be continuing on such date or after giving effect to the Loans requested
to be made on such date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Series 2002-1 Early Amortization Event or Potential Series 2002-1 Early Amortization Event</U>. No Series 2002-1 Early Amortization Event
or Potential Series 2002-1 Early Amortization Event shall have occurred and be continuing on such date or after giving effect to the Loans
requested to be made on such date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Each borrowing by the Borrower
hereunder shall constitute a representation and warranty by the Borrower as of the date of such Loan that the conditions contained in
this <U>Section 4.2</U> have been satisfied.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">SECTION 5.&#9;&nbsp;&nbsp;COVENANTS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">While this Agreement is in
effect (i.e., until all indebtedness and other amounts payable by the Borrower hereunder have been paid in full and the Lenders no longer
have any Commitments hereunder), the Borrower agrees that:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">5.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Affirmative
Covenants</U>. &nbsp;The Borrower shall:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(a) Provide the
Administrative Agent all information that the Administrative Agent may reasonably request in writing concerning the business of the Borrower
within a reasonable period of time considering the nature of the request; <U>provided</U> that with respect to any information relating
to an annual audited report, the same may be delivered within one hundred and twenty (120) calendar days after the end of the Borrower&#8217;s
fiscal year.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(b) Furnish or cause
to be furnished to the Administrative Agent prompt written notice of the filing or commencement of any litigation, investigation or proceeding
of or before any arbitrator or Governmental Authority against or affecting the Borrower that could reasonably be expected to result in
a Material Adverse Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(c) Furnish or cause
to be furnished to the Administrative Agent in sufficient number for each Lender, copies of all (i) Daily Reports prepared by the Servicer
pursuant to <U>Section 5.1(o)</U>, (ii) notices of Series 2002-1 Early Amortization Events and (iii) Monthly Settlement Statements; <U>provided</U>
that the documents set forth in clauses (i) and (iii) above shall be provided only upon the request of the Administrative Agent or the
Required Lenders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(d) Take all actions
necessary to ensure that all Taxes and other governmental claims in respect of the Borrower&#8217;s operations and assets are promptly
paid when due, except where the amount or validity thereof is currently being contested in good faith by appropriate proceedings and reserves
to the extent required by GAAP with respect thereto have been provided on the books of the Borrower.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-right: 0; margin-bottom: 0pt; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-right: 0; margin-bottom: 0pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(e) Comply with
all Requirements of Law except where the failure to so comply would not reasonably be expected to have a Material Adverse Effect on its
ability to perform its obligations under the Loan Documents and in all material respects with Sanctions.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(f) Advise the Administrative
Agent of the occurrence of each Default or Event of Default as promptly as practicable after the Borrower becomes aware of any such Default
or Event of Default.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(g) Beginning with
the fiscal year commencing in 2021, furnish to the Administrative Agent in sufficient number for each Lender as soon as available, but
in any event within one hundred and twenty (120) days after the end of each fiscal year of the Borrower, audited financial statements
consisting of the balance sheet of the Borrower as of the end of such year and the related statements of income and retained earnings
and statements of cash flow for such year, setting forth in each case in comparative form the corresponding figures for the previous fiscal
year, certified by independent certified public accountants satisfactory to the Administrative Agent to the effect that such financial
statements fairly present in all material respects the financial condition and results of operations of the Borrower in accordance with
GAAP consistently applied.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(h) Beginning with
the fiscal year commencing in 2021, furnish to the Administrative Agent as soon as available but in any event within sixty (60) days after
the end of each of the first three quarters for each fiscal year of the Borrower, unaudited financial statements consisting of a balance
sheet of the Borrower as at the end of such quarter and a statement of income and retained earnings and of cash flow for such quarter,
setting forth (in the case of financial statements furnished for calendar quarters subsequent to the first full calendar year of the Borrower)
in comparative form the corresponding figures for the corresponding quarter of the preceding fiscal year.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(i) Furnish, or
cause to be furnished, to the Administrative Agent together with the financial statements required pursuant to clause (g) and clause (h)
a certificate of a Responsible Officer of the Borrower stating (i) that the attached financial statements have been prepared in accordance
with GAAP and accurately reflect the financial condition of the Borrower, (ii) that the Borrower is in compliance with <U>Section 5.1(k)</U>
and (iii) all information and calculations necessary for determining compliance by the Borrower with <U>Section 5.2(a)</U> as of the last
day of the fiscal quarter or fiscal year of the Borrower, as the case may be.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(j) (i) Except as
otherwise permitted by the Loan Documents, preserve, renew and keep in full force and effect its corporate existence and (ii) take all
reasonable action to maintain all rights, privileges and franchises necessary or desirable in the normal conduct of its business.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-right: 0; margin-bottom: 0pt; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-right: 0; margin-bottom: 0pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(k) (i) Either (1)
use the proceeds from the Loans hereunder to make advances under the Series 2002&#45;1 VFC, (2) use the proceeds from the Loans hereunder
to repay Permitted Indebtedness outstanding from time to time or (3) use the proceeds from the Loans hereunder to pay expenses incurred
in connection with this Agreement and any Pari Passu Indebtedness; <U>provided</U>, that in any event the Borrower shall, to the extent
necessary, first use the proceeds from the initial Loan under this Agreement to repay the principal of, and accrued interest on, all outstanding
loans under the Existing Credit Facility and (ii) either (1) use the proceeds from any Pari Passu Indebtedness to make advances under
the Series 2002&#45;1 VFC, (2) use the proceeds from any Pari Passu Indebtedness to repay Permitted Indebtedness outstanding from time
to time or (3) use the proceeds from any Pari Passu Indebtedness to pay expenses incurred in connection with this Agreement and any such
Pari Passu Indebtedness.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(l) Provide to the
Administrative Agent the following notices and documents (<U>provided</U> that, solely with respect to clauses (i), (ii) and (iii) below,
the Borrower shall only be obligated to provide such notices and documents to the extent that any of the events or occurrences described
in such clauses is reasonably expected to result in a material liability):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 0.75in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;promptly
and in any event within ten (10) days after the Borrower or any of its ERISA Affiliates knows or has reason to know that any ERISA Event
has occurred, a statement of the chief financial officer of the Borrower or such ERISA Affiliate describing such ERISA Event and the action,
if any, that the Borrower or such ERISA Affiliate has taken and proposes to take with respect thereto;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 0.75in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;promptly
and in any event within two (2) Business Days after receipt thereof by the Borrower or any of its ERISA Affiliates, copies of each notice
from the PBGC stating its intention to terminate any Plan or to have a trustee appointed to administer any Plan;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 0.75in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
promptly and in any event within five (5) Business Days after receipt thereof by the Borrower or any of its ERISA Affiliates from the
sponsor of a Multiemployer Plan, copies of each notice concerning (A) the imposition of Withdrawal Liability by any such Multiemployer
Plan, (B) the termination, within the meaning of Title IV of ERISA, of any such Multiemployer Plan or (C) the amount of liability incurred,
or that may be incurred, by the Borrower or any ERISA Affiliate in connection with any event described in clause (A) or (B) above; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 0.75in">(iv) promptly upon
request, copies of (A) any documents described in Section 101(k) of ERISA that the Borrower or any of its ERISA Affiliates may request
with respect to any Multiemployer Plan, and (B) any notices described in Section 101(l) of ERISA that the Borrower or any of its ERISA
Affiliates may request with respect to any Multiemployer Plan; <U>provided</U>, that if the Borrower or the applicable ERISA Affiliate
has not requested such documents or notices from the administrator or sponsor of the applicable Multiemployer Plan, upon the request of
the Administrative Agent, which request shall not be more frequent than once during any twelve (12) Month period, the Borrower or applicable
ERISA Affiliate shall promptly make a request for such documents or notices and shall provide copies of such documents and notices promptly
and in any event within five (5) Business Days after receipt thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-right: 0; margin-bottom: 0pt; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-right: 0; margin-bottom: 0pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(m) On each day
after the Loans (with accrued interest thereon) and all other amounts owing under this Agreement and the other Loan Documents have become
due and payable (whether at the stated maturity, by acceleration, or otherwise), give the notice contemplated by Section 2.06 of the Series
2002-1 Supplement, such notice to specify an amount equal to the lesser of (i) the funds on deposit in the Series 2002-1 Collection Subaccount
on such day and (ii) the outstanding principal amount of the Loans (with accrued interest thereon) and all other amounts owing under this
Agreement and the other Loan Documents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(n) At the direction
of the Administrative Agent or the Required Lenders, exercise its right under Section 8.14 of the Pooling Agreement to direct the Trustee
under the Master Trust when the Lenders are affected by the conduct of any proceeding or the exercise of any right conferred on the Trustee
under the Master Trust.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(o) On each Business
Day on which a Loan is made, cause the Servicer to submit a Daily Report to the Borrower and to the Trustee under the Master Trust no
later than 12:00 (Noon), New York City time, setting forth the information required by Section 4.01 of the Servicing Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(p) Promptly upon
a Responsible Officer of the Borrower becoming aware that the Borrower has received formal notice that it has become subject of any action
or investigation under any Sanctions, the Borrower shall, to the extent permitted by law, supply to the Administrative Agent details of
any such action or investigation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(q) Promptly upon
the request of the Administrative Agent, the Borrower shall provide to the Administrative Agent the information reasonably requested,
to the extent such information is available to the Borrower, in connection with applicable &#8220;know your customer&#8221; and anti-money
laundering rules and regulations, including the PATRIOT Act, in each case in accordance with the Borrower&#8217;s past practices.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(r) Advise the Administrative
Agent of any change in the information provided in the Beneficial Ownership Certification of the Borrower provided to the Administrative
Agent or any Lender that would result in a change to the list of beneficial owners identified in parts (c) or (d) of such certification.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">5.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Negative
Covenants</U>. &nbsp;The Borrower will not:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(a) Permit the Series
2002-1 Allocated Loan Amount to be less than the arithmetic product of:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-right: 0; margin-bottom: 0pt; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-right: 0; margin-bottom: 0pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(i) adding (A)&nbsp;the
aggregate principal amount of and accrued interest on the Total Loans outstanding hereunder and (B)&nbsp;all other Pari Passu Indebtedness
outstanding (including any net payment obligations of the Borrower related to Hedge Agreements, but excluding all Hedge Termination Amounts
due and owing by the Borrower);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(ii) and deducting
therefrom the aggregate Dollar Equivalent amount of any Master Trust Approved Currencies (including any net receipts from Hedge Agreements,
but excluding any Hedge Termination Amounts received by the Borrower) on deposit in any Borrower Account or the Series&nbsp;2002&#45;1
Collection Subaccount (or any sub&#45;subaccount thereof), that are unconditionally available to repay the aggregate amount of the Indebtedness
and interest accrued thereon described in the foregoing clauses (i)(A) and (B) of this Section 5.2(a) (or with respect to the Series&nbsp;2002-1
Collection Subaccount (or any sub&#45;subaccount thereof), unconditionally available to repay the principal and accrued interest on the
Series&nbsp;2002&#45;1 VFC Certificate which Master Trust Approved Currency amounts are in turn unconditionally available to make such
payments on the principal of and accrued interest on the Total Loans and other Pari Passu Indebtedness described in the foregoing clauses
(i)(A) and (B) of this <U>Section 5.2(a)</U>).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(b) Contract for,
create, incur, assume or suffer to exist any Lien, security interest, charge or other encumbrance of any nature upon any of its property
or assets, including without limitation the Series 2002-1 VFC, whether now owned or hereafter acquired other than Borrower Permitted Liens.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(c) Create, incur,
assume or suffer to exist any Indebtedness, whether current or funded, or any other liability except Permitted Indebtedness.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(d) Except as contemplated
by the Loan Documents or the Transaction Documents, make any loan or advance or credit to, or guarantee (directly or indirectly or by
an instrument having the effect of assuring another&#8217;s payment or performance on any obligation or capability of so doing or otherwise),
endorse or otherwise become contingently liable, directly or indirectly, in connection with the obligations, stocks or dividends of, or
own, purchase, repurchase or acquire (or agree contingently to do so) any assets, stock, obligations or securities of, or any other interest
in, or make any capital contribution to, any other Person.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(e) Enter into any
merger, consolidation, joint venture, syndicate or other form of combination with any Person, or sell, lease or transfer or otherwise
dispose of any of its assets or receivables or purchase any asset, or engage in any transaction which would result in the Borrower ceasing
to be, directly or indirectly, a wholly-owned Subsidiary of Guarantor.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(f) Enter into or
be a party to any agreement or instrument other than the Loan Documents, the Transaction Documents to which it is a party, and any agreement
or instrument related to the incurrence of Pari Passu Indebtedness.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(g) Enter into or
be a party to any agreement or instrument related to the incurrence of Pari Passu Indebtedness that does not include a provision substantially
to the effect set forth in <U>Section 8.16</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(h) Except as permitted
by any Transaction Document, make any expenditure (by long&#45;term or operating lease or otherwise), excluding those relating to foreclosure,
for capital assets (both realty and personalty), unless such expenditure is approved in writing by the Administrative Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(i) Engage in any
business or enterprise or enter into any material transaction other than as contemplated by the Loan Documents and the Transaction Documents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(j) Amend its certificate
of incorporation or bylaws without the prior written consent of the Administrative Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(k) Amend, supplement,
waive or modify, or consent to any amendment, supplement, waiver or modification of, any Transaction Document except in accordance with
the provisions of this <U>Section&nbsp;5.2(k)</U>. Any provision of any Transaction Document may be amended, waived, supplemented, restated,
discharged or terminated with ten (10) Business Days&#8217; prior written notice to the Administrative Agent, but without the consent
of the Administrative Agent or the Lenders; <U>provided</U> such amendment, waiver, supplement or restatement does not (A) render the
Series 2002-1 VFC subordinate in payment to any other Series under the Master Trust or otherwise adversely discriminate against the Series
2002-1 VFC relative to any other Series under the Master Trust, (B) reduce in any manner the amount of, or delay the timing of, distributions
which are required to be made on or in respect of the Series 2002-1 VFC, (C) change the definition of, the manner of calculating, or in
any way the amount of, the interest of the Borrower in the assets of the Master Trust, (D) change the definitions of &#8220;Eligible Loans&#8221;,
&#8220;Eligible Obligor&#8221;, &#8220;Series 2002-1 Allocated Loan Amount&#8221;, &#8220;Series 2002-1 Invested Amount&#8221; or &#8220;Series
2002-1 Target Loan Amount&#8221; in Annex X or, to the extent used in such definitions, other defined terms used in such definitions,
(E) result in an Event of Default, (F) change the ability of the Trustee to declare the Purchased Loans to be immediately due and payable
or the ability of the Administrative Agent or the Required Lenders to directly or indirectly require the Trustee to do so, (G) following
the occurrence and during the continuation of a Mandatory CP Wind-Down Event, increase the Series 2002-1 Maximum Invested Amount, or (H)
effect any amendment that would cause or permit the Series 2002-1 Target Loan Amount to exceed the Series 2002-1 Allocated Loan Amount;
and <U>provided</U>, <U>further</U>, that the Administrative Agent shall have received prior notice thereof together with copies of any
documentation related thereto. Any amendment, waiver, supplement or restatement of a provision of a Transaction Document (including any
exhibit thereto) of the type described in clauses (A), (B), (C), (D), (E), (F), (G) or (H) above shall require the written consent of
the Administrative Agent acting at the direction of the Required Lenders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(l) Grant any powers
of attorney to any Person for any purposes except where permitted by the Loan Documents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(m) Increase the
Series 2002-1 Invested Amount during any Payment Period.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(n) Take any action
which would permit the Servicer to have the right to refuse to perform any of its respective obligations under the Servicing Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(o) Enter into any
Hedge Agreement other than Hedge Agreements entered into in the ordinary course of business to hedge or mitigate risks directly arising
from its borrowings under this Agreement or other Pari Passu Indebtedness.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(p) Knowingly permit
or authorize any other Person to, directly or indirectly, use, lend, make payments of, contribute or otherwise make available, all or
any part of the proceeds of the Loans or other transactions contemplated by this Agreement (i) in furtherance of an offer, payment, promise
to pay, or authorization of the payment or giving of money, or anything else of value, to any Person in violation of the FCPA or any other
applicable anti-corruption law, (ii) to fund any trade, business or other activities involving or for the benefit of any Restricted Person
except as otherwise permitted or authorized by Sanctions or Sanctions Authorities, including, without limitation, as authorized by OFAC
general or specific license or (iii) in any other manner that would result in any of the Borrower, the Guarantor, the Administrative Agent,
a Lead Arranger or a Lender being in breach of any Sanctions or becoming a Restricted Person.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The foregoing covenants in this
<U>Section 5.2(p)</U> will not apply to any party hereto to which Blocking Regulation applies, if and to the extent that such covenants
are or would be unenforceable by or in respect of that party pursuant to, or would otherwise result in a breach and/or violation of, (i)
any provision of the Blocking Regulation (or any law or regulation implementing the Blocking Regulation in any member state of the European
Union) or (ii) any similar blocking or anti-boycott law in the United Kingdom.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">5.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Use
of Websites</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(a) The Borrower
may satisfy its obligation to deliver any public information to the Lenders by posting this information onto an electronic website designated
by the Borrower and the Administrative Agent (the &#8220;<U>Designated Website</U>&#8221;) by notifying the Administrative Agent (i) of
the address of the website together with any relevant password specifications and (ii) that such information has been posted on the website;
<U>provided</U>, that in any event the Borrower shall supply the Administrative Agent with one copy in paper form of any information which
is posted onto the website.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(b) The Administrative
Agent shall supply each Lender with the address of and any relevant password specifications for the Designated Website following designation
of that website by the Borrower and the Administrative Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(c) The Borrower
shall promptly upon becoming aware of its occurrence notify the Administrative Agent if:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(i) the Designated
Website cannot be accessed due to technical failure;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(ii) the password specifications
for the Designated Website change;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(iii) any new information
which is required to be provided under this Agreement is posted onto the Designated Website;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(iv) any existing information
which has been provided under this Agreement and posted onto the Designated Website is amended; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(v) the Borrower becomes
aware that the Designated Website or any information posted onto the Designated Website is or has been infected by any electronic virus
or similar software.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">If the Borrower notifies the Administrative Agent
under <U>Section 5.3(c)(i)</U> or <U>Section 5.3(c)(v)</U> above, all information to be provided by the Borrower under this Agreement
after the date of that notice shall be supplied in paper form unless and until the Administrative Agent is satisfied that the circumstances
giving rise to the notification are no longer continuing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">SECTION 6.&#9;&nbsp;&nbsp;EVENTS OF DEFAULT</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">If any of the following events
shall occur and be continuing:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Borrower shall fail to pay any principal of any Loan when due in accordance with the terms hereof; or the Borrower shall fail to pay any
interest on any Loan, fees or any other amount payable hereunder or under any other Loan Document, within three (3) days after any such
interest, fees or other amount becomes due in accordance with the terms hereof; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any
representation or warranty made or deemed made by the Borrower or the Guarantor herein or in any other Loan Document or that is contained
in any certificate, document or financial or other statement furnished by it at any time under or in connection with this Agreement or
any such other Loan Document shall prove to have been inaccurate in any material respect on or as of the date made or deemed made; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Borrower shall default in the observance or performance of any agreement contained in <U>Section 5.1(f)</U>, <U>Section 5.1(j)(i)</U>
or <U>Section 5.2</U> of this Agreement or the Guarantor shall default in the observance or performance of any agreement contained in
<U>Sections 8.1(c)</U>, <U>8.1(g)(i)</U>, <U>8.1(h)</U>, <U>8.1(i)</U> or <U>8.2</U> of the Guaranty Agreement; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Borrower or the Guarantor shall default in the observance or performance of any other agreement contained in this Agreement or any other
Loan Document (other than as provided in paragraphs (a) through (c) of this Section), and such default shall continue unremedied for a
period of thirty (30) days after the earlier of (i) the date on which a Responsible Officer of the Borrower or the Guarantor has knowledge
of such default and (ii) the Borrower or the Guarantor receives written notice thereof from the Administrative Agent or the Required Lenders;
or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Borrower, BAFC, BFE or any other Investor Certificateholder that is an Affiliate of the Guarantor shall (i) default in making any payment
of any principal of any Indebtedness (including any Guarantee Obligation, but excluding the Loans) on the scheduled or original due date
with respect thereto;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify">or (ii) default in making any payment of any interest on any such Indebtedness beyond the period of grace, if any,
provided in the instrument or agreement under which such Indebtedness was created; or (iii) default in the observance or performance of
any other agreement or condition relating to any such Indebtedness or contained in any instrument or agreement evidencing, securing or
relating thereto, or any other event shall occur or condition exist, the effect of which default or other event or condition is to cause,
or to permit the holder or beneficiary of such Indebtedness (or a trustee or agent on behalf of such holder or beneficiary) to cause,
with the giving of notice if required, such Indebtedness to become due prior to its stated maturity or (in the case of any such Indebtedness
constituting a Guarantee Obligation) to become payable; <U>provided</U>, that a default, event or condition described in clause (i), (ii)
or (iii) of this paragraph (e) shall not at any time constitute an Event of Default unless, at such time, one or more defaults, events
or conditions of the type described in clauses (i), (ii) and (iii) of this paragraph (e) shall have occurred and be continuing with respect
to Indebtedness the outstanding Dollar Equivalent principal amount of which exceeds in the aggregate $100,000,000; <U>provided</U>, <U>further</U>,
that the immediately preceding proviso shall be deemed inapplicable at any time that any Purchased Loan shall constitute a Defaulted Loan
or shall have constituted a Delinquent Loan for a period of more than three (3) successive Business Days; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any
Group Member (other than the Borrower) shall (i) default in making any payment of any principal of any Indebtedness (including any Guarantee
Obligation, but excluding the Loans) on the scheduled or original due date with respect thereto; or (ii) default in making any payment
of any interest on any such Indebtedness beyond the period of grace, if any, provided in the instrument or agreement under which such
Indebtedness was created; or (iii) default in the observance or performance of any other agreement or condition relating to any such Indebtedness
or contained in any instrument or agreement evidencing, securing or relating thereto, or any other event shall occur or condition exist,
the effect of which default or other event or condition is to cause, or to permit the holder or beneficiary of such Indebtedness (or a
trustee or agent on behalf of such holder or beneficiary) to cause, with the giving of notice if required, such Indebtedness to become
due prior to its stated maturity or (in the case of any such Indebtedness constituting a Guarantee Obligation) to become payable; <U>provided</U>,
that a default, event or condition described in clause (i), (ii) or (iii) of this paragraph (f) shall not at any time constitute an Event
of Default unless, at such time, one or more defaults, events or conditions of the type described in clauses (i), (ii) and (iii) of this
paragraph (f) shall have occurred and be continuing with respect to Indebtedness the outstanding Dollar Equivalent principal amount of
which exceeds in the aggregate $100,000,000; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)
any Group Member or Bunge Funding shall commence any case, proceeding or other action (A) under any existing or future law of any jurisdiction,
domestic or foreign, relating to bankruptcy, insolvency, reorganization or relief of debtors, seeking to have an order for relief entered
with respect to it, or seeking to adjudicate it a bankrupt or insolvent, or seeking reorganization, arrangement, adjustment, winding&#45;up,
liquidation, dissolution, composition or other relief with respect to it or its debts, or (B) seeking appointment of a receiver, trustee,
custodian, conservator or other similar official for it or for all or any substantial part of its assets, or any Group Member or Bunge
Funding shall make a general assignment for the benefit of its creditors;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify">or (ii) there shall be commenced against any Group Member or
Bunge Funding any case, proceeding or other action of a nature referred to in clause (i) above that (A) results in the entry of an order
for relief or any such adjudication or appointment or (B) remains undismissed, undischarged or unbonded for a period of sixty (60) days;
or (iii) there shall be commenced against any Group Member or Bunge Funding any case, proceeding or other action seeking issuance of a
warrant of attachment, execution, distraint or similar process against all or any substantial part of its assets that results in the entry
of an order for any such relief that shall not have been vacated, discharged, or stayed or bonded pending appeal within sixty (60) days
from the entry thereof; or (iv) any Group Member or Bunge Funding shall take any action in furtherance of, or indicating its consent to,
approval of, or acquiescence in, any of the acts set forth in clause (i), (ii) or (iii) above; or (v) any Group Member or Bunge Funding
shall generally not, or shall be unable to, or shall admit in writing its inability to, pay its debts as they become due; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;one
or more judgments or decrees shall be entered against any Group Member (other than the Borrower) involving in the Dollar Equivalent aggregate
a liability (not paid or fully covered by insurance as to which the relevant insurance company has acknowledged coverage) of $100,000,000
or more, and all such judgments or decrees shall not have been vacated, discharged, stayed or bonded pending appeal within thirty (30)
days from the entry thereof; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;one
or more judgments or decrees shall be entered against the Borrower involving in the Dollar Equivalent aggregate a liability (not paid
or fully covered by insurance as to which the relevant insurance company has acknowledged coverage) of $50,000 or more, and all such judgments
or decrees shall not have been vacated, discharged, stayed or bonded pending appeal within thirty (30) days from the entry thereof; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(j)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any
of the Loan Documents or the Transaction Documents shall cease, for any reason, to be in full force and effect or the Borrower or the
Guarantor shall so assert in writing; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(k)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a
Change in Control of the Guarantor shall have occurred; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(l)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Borrower shall become an &#8220;investment company&#8221; within the meaning of the Investment Company Act of 1940, as amended, and shall
not be exempt from compliance under such Act;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">then, and in any such event, (A) if such event
is an Event of Default specified in paragraph (g) above with respect to the Borrower or the Guarantor, then in such case automatically
the Commitments shall immediately terminate and the Loans (with accrued interest thereon) and all other amounts owing under this Agreement
and the other Loan Documents shall immediately become due and payable, and (B) if such event is any other Event of Default, any or all
of the following actions may be taken: (i) with the consent of the Required Lenders, the Administrative Agent may, or upon the request
of the Required Lenders, the Administrative Agent shall, by notice to the Borrower, declare the Commitments to be terminated forthwith,
whereupon the Commitments shall immediately terminate;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">(ii) with the consent of the Required Lenders, the Administrative Agent may, or
upon the request of the Required Lenders, the Administrative Agent shall, by notice to the Borrower, declare the Loans (with accrued interest
thereon) and all other amounts owing under this Agreement and the other Loan Documents to be due and payable forthwith, whereupon the
same shall immediately become due and payable; and (iii) with the consent of the Required Lenders, the Administrative Agent may, or upon
the request of the Required Lenders, the Administrative Agent shall, by notice to the Borrower, instruct the Borrower to, and in such
event the Borrower shall, instruct the Trustee of the Master Trust to declare the principal and accrued interest in respect of the Purchased
Loans to be due and payable (<U>provided</U> that, for the avoidance of doubt, the Borrower acknowledges and agrees that if it fails to
give such instructions, the Administrative Agent may do so on its behalf). Except as expressly provided above in this Section, presentment,
demand, protest and all other notices of any kind are hereby expressly waived by the Borrower.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">SECTION 7.&#9;&nbsp;&nbsp;THE AGENTS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">7.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Appointment</U>.
&nbsp;Each Lender hereby irrevocably designates and appoints the Administrative Agent as the agent of such Lender under this Agreement and the
other Loan Documents, and each such Lender irrevocably authorizes the Administrative Agent, in such capacity, to take such action on its
behalf under the provisions of this Agreement and the other Loan Documents and to exercise such powers and perform such duties as are
expressly delegated to the Administrative Agent by the terms of this Agreement and the other Loan Documents, together with such other
powers as are reasonably incidental thereto. Notwithstanding any provision to the contrary elsewhere in this Agreement, the Administrative
Agent shall not have any duties or responsibilities, except those expressly set forth herein, or any fiduciary relationship with any Lender,
and no implied covenants, functions, responsibilities, duties, obligations or liabilities shall be read into this Agreement or any other
Loan Document or otherwise exist against the Administrative Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">7.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Delegation
of Duties</U>. &nbsp;The Administrative Agent may execute any of its duties under this Agreement and the other Loan Documents by or through
agents or attorneys&#45;in&#45;fact and shall be entitled to advice of counsel concerning all matters pertaining to such duties. The Administrative
Agent shall not be responsible for the negligence or misconduct of any agents or attorneys in&#45;fact selected by it with reasonable
care.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">7.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Exculpatory
Provisions</U>. &nbsp;Neither any Agent nor any of their respective officers, directors, employees, agents, attorneys&#45;in&#45;fact or Affiliates
shall be (i) liable for any action lawfully taken or omitted to be taken by it or such Person under or in connection with this Agreement
or any other Loan Document, or in connection herewith or therewith (x) with the consent of or at the request of the Required Lenders (or
such other number or percentage of the Lenders as shall be necessary, or as the Administrative Agent shall believe in good faith to be
necessary, under the circumstances as provided in the Loan Documents) or (y) in the absence of its own gross negligence or willful misconduct
(such absence to be presumed unless otherwise determined by a court of competent jurisdiction by a final and non-appealable judgment)
nor (ii) responsible in any manner to any of the Lenders for any recitals, statements, representations or warranties made by any Loan
Party or any officer thereof contained in this Agreement or any other Loan Document or in any certificate, report, statement or other
document referred to or provided for in, or received by the Agents under or in connection with, this Agreement or any other Loan Document
or for the value, validity, effectiveness, genuineness, enforceability or sufficiency of this Agreement or any other Loan Document (including,
for the avoidance of doubt, in connection with the Administrative Agent&#8217;s reliance on any Electronic Signature transmitted by telecopy,
emailed pdf. or any other electronic means that reproduces an image of an actual executed signature page) or for any failure of any Loan
Party a party thereto to perform its obligations hereunder or thereunder. The Agents shall not be under any obligation to any Lender to
ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or
any other Loan Document, or to inspect the properties, books or records of any Loan Party.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">7.4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Reliance
by Administrative Agent</U>.&nbsp; The Administrative Agent shall be entitled to rely, and shall be fully protected in relying, upon any instrument,
writing, resolution, notice, consent, certificate, affidavit, letter, telecopy, telex or teletype message, statement, order or other document
or conversation believed by it to be genuine and correct and to have been signed, sent or made by the proper Person or Persons and upon
advice and statements of legal counsel (including counsel to the Guarantor or the Borrower), independent accountants and other experts
selected by the Administrative Agent. The Administrative Agent may deem and treat the payee of any Note as the owner thereof for all purposes
unless a written notice of assignment, negotiation or transfer thereof shall have been filed with the Administrative Agent. The Administrative
Agent shall be fully justified in failing or refusing to take any action under this Agreement or any other Loan Document unless it shall
first receive such advice or concurrence of the Required Lenders (or, if so specified by this Agreement, all Lenders) as it deems appropriate
or it shall first be indemnified to its satisfaction by the Lenders against any and all liability and expense that may be incurred by
it by reason of taking or continuing to take any such action. The Administrative Agent shall in all cases be fully protected in acting,
or in refraining from acting, under this Agreement and the other Loan Documents in accordance with a request of the Required Lenders (or,
if so specified by this Agreement, all Lenders), and such request and any action taken or failure to act pursuant thereto shall be binding
upon all the Lenders and all future holders of the Loans.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">7.5&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Notice
of Default</U>.&nbsp; The Administrative Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Event of
Default unless the Administrative Agent has received notice from a Lender, the Guarantor or the Borrower referring to this Agreement,
describing such Default or Event of Default and stating that such notice is a &#8220;notice of default&#8221;. In the event that the Administrative
Agent receives such a notice, the Administrative Agent shall give notice thereof to the Lenders. The Administrative Agent shall take such
action with respect to such Default or Event of Default as shall be reasonably directed by the Required Lenders (or, if so specified by
this Agreement, all Lenders); <U>provided</U> that unless and until the Administrative Agent shall have received such directions, the
Administrative Agent may (but shall not be obligated to) take such action, or refrain from taking such action, with respect to such Default
or Event of Default as it shall deem advisable in the best interests of the Lenders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">7.6&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Non-Reliance
on Agents and Other Lenders</U>. &nbsp;Each Lender expressly acknowledges that neither the Agents nor any of their respective officers, directors,
employees, agents, attorneys&#45;in&#45;fact or Affiliates have made any representations or warranties to it and that no act by any Agent
hereafter taken, including any review of the affairs of a Loan Party or any Affiliate of a Loan Party, shall be deemed to constitute any
representation or warranty by any Agent to any Lender.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0pt">Each Lender represents to the Agents that it has, independently and without reliance
upon any Agent or any other Lender, and based on such documents and information as it has deemed appropriate, made its own appraisal of
and investigation into the business, operations, property, financial and other condition and creditworthiness of the Loan Parties and
their Affiliates and made its own decision to make its Loans hereunder and enter into this Agreement. Each Lender also represents that
it will, independently and without reliance upon any Agent or any other Lender, and based on such documents and information as it shall
deem appropriate at the time, continue to make its own credit analysis, appraisals and decisions in taking or not taking action under
this Agreement and the other Loan Documents, and to make such investigation as it deems necessary to inform itself as to the business,
operations, property, financial and other condition and creditworthiness of the Loan Parties and their Affiliates. Except for notices,
reports and other documents expressly required to be furnished to the Lenders by the Administrative Agent hereunder, the Administrative
Agent shall not have any duty or responsibility to provide any Lender with any credit or other information concerning the business, operations,
property, condition (financial or otherwise), prospects or creditworthiness of any Loan Party or any Affiliate of a Loan Party that may
come into the possession of the Administrative Agent or any of its officers, directors, employees, agents, attorneys&#45;in&#45;fact or
Affiliates.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">7.7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Indemnification</U>.
&nbsp;The Lenders agree to indemnify each Agent in its capacity as such (to the extent not reimbursed by the Guarantor or the Borrower and without
limiting the obligation of the Guarantor or the Borrower to do so), ratably according to their respective Aggregate Exposure Percentages
in effect on the date on which indemnification is sought under this Section (or, if indemnification is sought after the date upon which
the Commitments shall have terminated and the Loans shall have been paid in full, ratably in accordance with such Aggregate Exposure Percentages
immediately prior to such date), from and against any and all liabilities, obligations, losses, damages, penalties, actions, judgments,
suits, costs, expenses or disbursements of any kind whatsoever that may at any time (whether before or after the payment of the Loans)
be imposed on, incurred by or asserted against such Agent in any way relating to or arising out of, the Commitments, this Agreement, any
of the other Loan Documents or any documents contemplated by or referred to herein or therein or the transactions contemplated hereby
or thereby or any action taken or omitted by such Agent under or in connection with any of the foregoing; <U>provided</U> that no Lender
shall be liable for the payment of any portion of such liabilities, obligations, losses, damages, penalties, actions, judgments, suits,
costs, expenses or disbursements that are found by a decision of a court of competent jurisdiction to have resulted from such Agent&#8217;s
gross negligence or willful misconduct. The agreements in this Section shall survive the payment of the Loans and all other amounts payable
hereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">7.8&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Agent
in Its Individual Capacity</U>.&nbsp; Each Agent and its Affiliates may make loans to, accept deposits from and generally engage in any kind
of business with any Loan Party as though such Agent were not an Agent. With respect to its Loans made or renewed by it, each Agent shall
have the same rights and powers under this Agreement and the other Loan Documents as any Lender and may exercise the same as though it
were not an Agent, and the terms &#8220;Lender&#8221; and &#8220;Lenders&#8221; shall include each Agent in its individual capacity.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">7.9&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Successor
Administrative Agent</U>. The Administrative Agent may resign, or shall resign upon the request of the Required Lenders in the event the
Administrative Agent becomes a Defaulting Lender and is not a Performing Lender, as Administrative Agent upon ten (10) days&#8217; notice
to the Lenders and the Borrower. If the Administrative Agent shall resign as Administrative Agent under this Agreement and the other Loan
Documents, then the Required Lenders shall appoint from among the Lenders a successor agent for the Lenders, which successor agent shall
(unless an Event of Default under <U>Sections 6(a)</U>, <U>6(e)</U> or <U>6(f)</U> with respect to the Borrower shall have occurred and
be continuing) be subject to approval by the Borrower (which approval shall not be unreasonably withheld or delayed), whereupon such successor
agent shall succeed to the rights, powers and duties of the Administrative Agent, and the term &#8220;Administrative Agent&#8221; shall
mean such successor agent effective upon such appointment and approval, and the former Administrative Agent&#8217;s rights, powers and
duties as Administrative Agent shall be terminated, without any other or further act or deed on the part of such former Administrative
Agent or any of the parties to this Agreement or any holders of the Loans. If no successor agent has accepted appointment as Administrative
Agent by the date that is ten (10) days following a retiring Administrative Agent&#8217;s notice of resignation, the retiring Administrative
Agent&#8217;s resignation shall nevertheless thereupon become effective, and the Lenders shall assume and perform all of the duties of
the Administrative Agent hereunder until such time, if any, as the Required Lenders appoint a successor agent as provided for above. After
any retiring Administrative Agent&#8217;s resignation as Administrative Agent, the provisions of this <U>Section 7.9</U> shall inure to
its benefit as to any actions taken or omitted to be taken by it while it was Administrative Agent under this Agreement and the other
Loan Documents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">7.10&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Syndication
Agent, Lead Arrangers, Bookrunners and Documentation Agents</U>. Neither the Syndication Agent, Lead Arrangers, Bookrunners nor the Documentation
Agents shall have any duties or responsibilities hereunder in its capacity as such. No Syndication Agent, Lead Arranger, Bookrunner or
Documentation Agent shall have or be deemed to have any fiduciary relationship with any Lender.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">7.11&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Agent
Communications</U>. The Administrative Agent shall provide to each Lender a copy of each material report, certificate, statement or other
communication required to be delivered to it under the Loan Documents and which has not been delivered to the Lenders; <U>provided</U>,
that posting by the Administrative Agent to Intralinks or to a similar electronic distribution location shall satisfy the requirements
of this Section. Without limiting the foregoing, none of such Lenders shall have or be deemed to have a fiduciary relationship with any
Lender. The Lenders are not partners or co-venturers, and no Lender shall be liable for the acts or omissions of, or (except as otherwise
set forth herein in case of the Administrative Agent) authorized to act for, any other Lender.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">7.12&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Certain
ERISA Matters</U>.&nbsp; (a) Each Lender (x) represents and warrants, as of the date such Person became a Lender party hereto, to, and (y) covenants,
from the date such Person became a Lender party hereto to the date such Person ceases being a Lender party hereto, for the benefit of,
the Administrative Agent and its respective Affiliates, and not, for the avoidance of doubt, to or for the benefit of the Borrower or
any other Loan Party, that at least one of the following is and will be true:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">(i) such Lender is not
using &#8220;plan assets&#8221; (within the meaning of the Plan Asset Regulations) of one or more Benefit Plans in connection with the
Loans or the Commitments;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">(ii) the transaction
exemption set forth in one or more PTEs, such as PTE 84-14 (a class exemption for certain transactions determined by independent qualified
professional asset managers), PTE 95-60 (a class exemption for certain transactions involving insurance company general accounts), PTE
90-1 (a class exemption for certain transactions involving insurance company pooled separate accounts), PTE 91-38 (a class exemption for
certain transactions involving bank collective investment funds) or PTE 96-23 (a class exemption for certain transactions determined by
in-house asset managers), is applicable with respect to such Lender&#8217;s entrance into, participation in, administration of and performance
of the Loans, the Commitments and this Agreement, and the conditions for exemptive relief thereunder are and will continue to be satisfied
in connection therewith;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">(iii) (A) such Lender
is an investment fund managed by a &#8220;Qualified Professional Asset Manager&#8221; (within the meaning of Part VI of PTE 84-14), (B)
such Qualified Professional Asset Manager made the investment decision on behalf of such Lender to enter into, participate in, administer
and perform the Loans, the Commitments and this Agreement, (C) the entrance into, participation in, administration of and performance
of the Loans, the Commitments and this Agreement satisfies the requirements of sub-sections (b) through (g) of Part I of PTE 84-14 and
(D) to the best knowledge of such Lender, the requirements of subsection (a) of Part I of PTE 84-14 are satisfied with respect to such
Lender&#8217;s entrance into, participation in, administration of and performance of the Loans, the Commitments and this Agreement; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.75in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">(iv) such other representation,
warranty and covenant as may be agreed in writing between the Administrative Agent, in its sole discretion, and such Lender.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">(b) In addition, unless either (1)
sub-clause (i) in the immediately preceding clause (a) is true with respect to a Lender or (2) a Lender has provided another representation,
warranty and covenant in accordance with sub-clause (iv) in the immediately preceding clause (a), such Lender further (x) represents and
warrants, as of the date such Person became a Lender party hereto, to, and (y) covenants, from the date such Person became a Lender party
hereto to the date such Person ceases being a Lender party hereto, for the benefit of, the Administrative Agent and each other Lead Arranger
and their respective Affiliates, and not, for the avoidance of doubt, to or for the benefit of the Borrower or any other Loan Party, that
none of the Administrative Agent, or any Lead Arranger or any of their respective Affiliates is a fiduciary with respect to the assets
of such Lender involved in the Loans, the Commitments and this Agreement (including in connection with the reservation or exercise of
any rights by the Administrative Agent under this Agreement, any Loan Document or any documents related to hereto or thereto).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">(c) The Administrative Agent, and
each Lead Arranger hereby informs the Lenders that each such Person is not undertaking to provide investment advice or to give advice
in a fiduciary capacity, in connection with the transactions contemplated hereby, and that such Person has a financial interest in the
transactions contemplated hereby in that such Person or an Affiliate thereof (i) may receive interest or other payments with respect to
the Loans, the Commitments, this Agreement and any other Loan Documents (ii) may recognize a gain if it extended the Loans or the Commitments
for an amount less than the amount being paid for an interest in the Loans or the Commitments by such Lender or (iii) may receive fees
or other payments in connection with the transactions contemplated hereby, the Loan Documents or otherwise, including structuring fees,
commitment fees, arrangement fees, facility fees, upfront fees, underwriting fees, ticking fees, agency fees, administrative agent or
collateral agent fees, utilization fees, minimum usage fees, letter of credit fees, fronting fees, deal-away or alternate transaction
fees, amendment fees, processing fees, term out premiums, banker&#8217;s acceptance fees, breakage or other early termination fees or
fees similar to the foregoing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">7.13&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Erroneous
Payments</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
Lender hereby agrees that (x) if the Administrative Agent notifies such Lender that the Administrative Agent has determined in its sole
discretion that any funds received by such Lender from the Administrative Agent or any of its Affiliates (whether as a payment, prepayment
or repayment of principal, interest, fees or otherwise; individually and collectively, a &#8220;<U>Payment</U>&#8221;) were erroneously
transmitted to such Lender (whether or not known to such Lender), and demands the return of such Payment (or a portion thereof), such
Lender shall promptly, but in no event later than one Business Day thereafter, return to the Administrative Agent the amount of any such
Payment (or portion thereof) as to which such a demand was made in same day funds, together with interest thereon in respect of each day
from and including the date such Payment (or portion thereof) was received by such Lender to the date such amount is repaid to the Administrative
Agent at the greater of the NYFRB Rate and a rate determined by the Administrative Agent in accordance with banking industry rules on
interbank compensation from time to time in effect, and (y) to the extent permitted by applicable law, such Lender shall not assert, and
hereby waives, as to the Administrative Agent, any claim, counterclaim, defense or right of set-off or recoupment with respect to any
demand, claim or counterclaim by the Administrative Agent for the return of any Payments received, including without limitation any defense
based on &#8220;discharge for value&#8221; or any similar doctrine. A notice of the Administrative Agent to any Lender under this &#8206;<U>Section
7.13(a)</U> shall be conclusive, absent manifest error.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
Lender hereby further agrees that if it receives a Payment from the Administrative Agent or any of its Affiliates (x) that is in a different
amount than, or on a different date from, that specified in a notice of payment sent by the Administrative Agent (or any of its Affiliates)
with respect to such Payment (a &#8220;<U>Payment Notice</U>&#8221;) or (y) that was not preceded or accompanied by a Payment Notice,
it shall be on notice, in each such case, that an error has been made with respect to such Payment. Each Lender agrees that, in each such
case, or if it otherwise becomes aware a Payment (or portion thereof) may have been sent in error, such Lender shall promptly notify the
Administrative Agent of such occurrence and, upon demand from the Administrative Agent, it shall promptly, but in no event later than
one Business Day thereafter, return to the Administrative Agent the amount of any such Payment (or portion thereof) as to which such a
demand was made in same day funds, together with interest thereon in respect of each day from and including the date such Payment (or
portion thereof) was received by such Lender to the date such amount is repaid to the Administrative Agent at the greater of the NYFRB
Rate and a rate determined by the Administrative Agent in accordance with banking industry rules on interbank compensation from time to
time in effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify; text-indent: 1in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Borrower and each other Loan Party hereby agrees that (x) in the event an erroneous Payment (or portion thereof) are not recovered from
any Lender that has received such Payment (or portion thereof) for any reason, the Administrative Agent shall be subrogated to all the
rights of such Lender with respect to such amount and (y) an erroneous Payment shall not pay, prepay, repay, discharge or otherwise satisfy
any Obligations owed by the Borrower or any other Loan Party.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify; text-indent: 1in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
party&#8217;s obligations under this &#8206;<U>Section 7.13</U> shall survive the resignation or replacement of the Administrative Agent
or any transfer of rights or obligations by, or the replacement of, a Lender, the termination of the Commitments or the repayment, satisfaction
or discharge of all Obligations under any Loan Document.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">SECTION 8.&#9;&nbsp;&nbsp;MISCELLANEOUS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">8.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Amendments
and Waivers.</U> &nbsp;(a) Subject to <U>Section 2.11(b)</U>, neither this Agreement, any other Loan Document, nor any terms hereof or thereof
may be amended, supplemented or modified except in accordance with the provisions of this <U>Section&nbsp;8.1</U>. The Required Lenders
and each Loan Party party to the relevant Loan Document may, or, with the written consent of the Required Lenders, the Administrative
Agent and each Loan Party party to the relevant Loan Document may, from time to time, (i) enter into written amendments, supplements or
modifications hereto and to the other Loan Documents for the purpose of adding any provisions to this Agreement or the other Loan Documents
or changing in any manner the rights of the Lenders or of the Loan Parties hereunder or thereunder or (ii) waive, on such terms and conditions
as the Required Lenders or the Administrative Agent, as the case may be, may specify in such instrument, any of the requirements of this
Agreement or the other Loan Documents or any Default or Event of Default and its consequences; <U>provided</U>, <U>however</U>, that no
such waiver and no such amendment, supplement or modification shall; (s) permit borrowings in a currency not otherwise permitted hereunder
without the written consent of each Lender directly affected thereby, (t) amend the definitions of &#8220;Aggregate Exposure Percentage&#8221;
or any other provision of any Loan Document having the effect of modifying the pro rata treatment among the Lenders and among all Lenders
generally thereunder, without the written consent of all Lenders; (u) modify or waive any provision of Section 2.12, without the written
consent of all of the Lenders; (v) waive any of the conditions set forth in <U>Section 4.1</U> or <U>Section 4.2</U> with respect to borrowings
without the written consent of the Required Lenders, (w)&nbsp;reduce (by way of forgiveness or otherwise) the principal amount or extend
the final scheduled date of maturity of any Loan, reduce the amount or stated rate of any interest or fee payable hereunder (except (1)
in connection with the waiver of applicability of any post-default increase in interest rates and (2)&nbsp;that any amendment or modification
of defined terms used in the financial covenants in this Agreement or the other Loan Documents shall not constitute a reduction in the
rate of interest or fees for purposes of this clause (w)) or extend the scheduled date of any payment thereof, or increase the amount
or extend the expiration date of any Lender&#8217;s Commitment, or increase any Lender&#8217;s Aggregate Exposure Percentage, in each
case without the written consent of each Lender directly affected thereby;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">(x) eliminate or reduce the voting rights of any Lender, or
otherwise amend any provisions, under this <U>Section 8.1</U> without the written consent of such Lender; (y) reduce any percentage specified
in the definition of Required Lenders, consent to the assignment or transfer by the Borrower of any of its rights and obligations under
this Agreement and the other Loan Documents, amend or waive <U>Section 5.1(k)</U>, or release the Guarantor from its obligations under
the Guaranty Agreement, or assign any obligations under the Guaranty Agreement, effect any action pursuant to Section 17 of the Guaranty
Agreement, or change any provision hereof requiring ratable funding or ratable sharing of payments or setoffs or otherwise related to
the pro rata treatment of Lenders, in each case without the written consent of all Lenders; or (z)&nbsp;amend, modify or waive any provision
of <U>Section 7</U> without the written consent of the Administrative Agent (and, solely with respect to <U>Section 7.10</U>, the Documentation
Agent(s) and Syndication Agent). Any such waiver and any such amendment, supplement or modification shall apply equally to each of the
Lenders and shall be binding upon the Loan Parties, the Lenders, the Administrative Agent and all future holders of the Loans. In the
case of any waiver, the Loan Parties, the Lenders and the Administrative Agent shall be restored to their former position and rights hereunder
and under the other Loan Documents, and any Default or Event of Default waived shall be deemed to be cured and not continuing; but no
such waiver shall extend to any subsequent or other Default or Event of Default, or impair any right consequent thereon.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(b) Notwithstanding
<U>Section 8.1(a)</U>, the Commitments and Aggregate Exposure of any Defaulting Lender that is not a Performing Lender shall be disregarded
for all purposes of any determination of whether the Required Lenders have taken or may take any action hereunder (including any consent
to any amendment or waiver pursuant to <U>Section 8.1(a)</U>), provided that any waiver, amendment or modification requiring the consent
of all Lenders or each affected Lender shall require the consent of such Defaulting Lender.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">8.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Notices</U>.
&nbsp;All notices, requests and demands to or upon the respective parties hereto to be effective shall be in writing (including by telecopy),
and, unless otherwise expressly provided herein, shall be deemed to have been duly given or made when delivered, or three (3) Business
Days after being deposited in the mail, postage prepaid, or, in the case of telecopy notice, when received, addressed as follows in the
case of the Borrower and the Administrative Agent, and as set forth in an administrative questionnaire delivered to the Administrative
Agent in the case of the Lenders, or to such other address as may be hereafter notified by the respective parties hereto:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 37%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; text-indent: 18.6pt">Borrower:</TD>
    <TD STYLE="width: 63%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">1391 Timberlake Manor Parkway</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Chesterfield, Missouri 63017</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Attention: Treasurer</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Tel. No: (636) 292-3029</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Telecopy: (636) 292-4029</P></TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; width: 37%">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; width: 63%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; text-indent: 18.6pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">with a copy to:<U><BR>
    <BR>
    </U>Bunge Limited</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">1391 Timberlake Manor Parkway</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Chesterfield, Missouri 63017</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Attention: Treasurer</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Tel. No: (636) 292-3029</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Telecopy: (636) 292-4029</P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 42.6pt; text-align: justify; text-indent: -24pt">Administrative Agent:</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">500 Stanton Christiana Rd, NCC5, Floor 1</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Newark, DE 19713</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Attention: Robert Nichols</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Tel. No:&nbsp; (302) 634-3376</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Telecopy:&nbsp; (201) 244-3628<BR>
    <BR>
    </P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 42.6pt; text-align: justify; text-indent: -24pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">and, with respect to borrowing requests for Term Benchmark Loans denominated in the Optional Currency,</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 18.6pt">Administrative Agent (London Office):</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">J.P. Morgan Europe Limited</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">125 London Wall</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">London EC2Y 5AJ</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Attention: Belinda Lucas</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Tel. No. +44 207 777 0976</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Telecopy: + 44 207 777 2360</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 42.6pt; text-align: justify; text-indent: -24pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 42.6pt; text-align: justify; text-indent: -24pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">with a copy to:</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">500 Stanton Christiana Rd, NCC5, Floor 1</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Newark, DE 19713</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Attention: Robert Nichols</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Tel. No:&nbsp; (302) 634-3376</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Telecopy:&nbsp; (201) 244-3628</P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 42.6pt; text-align: justify; text-indent: -24pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"><U>provided</U> that any notice, request or
demand to or upon the Administrative Agent or the Lenders shall not be effective until received.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">8.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Waiver; Cumulative Remedies</U>. &nbsp;No failure to exercise and no delay in exercising, on the part of the Administrative Agent or any Lender,
any right, remedy, power or privilege hereunder or under the other Loan Documents shall operate as a waiver thereof; nor shall any single
or partial exercise of any right, remedy, power or privilege hereunder preclude any other or further exercise thereof or the exercise
of any other right, remedy, power or privilege. The rights, remedies, powers and privileges herein provided are cumulative and not exclusive
of any rights, remedies, powers and privileges provided by law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">8.4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Survival
of Representations and Warranties.</U> &nbsp;All representations and warranties made hereunder, in the other Loan Documents and in any document,
certificate or statement delivered pursuant hereto or in connection herewith shall survive the execution and delivery of this Agreement
and the making of the Loans hereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">8.5&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Payment
of Expenses and Taxes.</U>&nbsp; The Borrower agrees (a) to pay or reimburse the Administrative Agent for all its reasonable out&#45;of&#45;pocket
costs and expenses incurred in connection with the development, preparation and execution of, and any amendment, supplement or modification
to, this Agreement and the other Loan Documents and any other documents prepared in connection herewith or therewith, and the consummation
and administration of the transactions contemplated hereby and thereby, including the reasonable fees and disbursements of counsel to
the Administrative Agent and filing and recording fees and expenses, with statements with respect to the foregoing to be submitted to
the Borrower prior to the Closing Date (in the case of amounts to be paid on the Closing Date) and from time to time thereafter on a quarterly
basis or such other periodic basis as the Administrative Agent shall deem appropriate, (b) to pay or reimburse each Lender and the Administrative
Agent for all its costs and expenses incurred in connection with the enforcement or preservation of any rights under this Agreement, the
other Loan Documents and any such other documents, including the fees and disbursements of counsel (including the allocated fees and expenses
of in-house counsel) to each Lender and of counsel to the Administrative Agent, (c) to pay, indemnify, and hold each Lender and the Administrative
Agent harmless from, any and all recording and filing fees that may be payable or determined to be payable in connection with the execution
and delivery of, or consummation or administration of any of the transactions contemplated by, or any amendment, supplement or modification
of, or any waiver or consent under or in respect of, this Agreement, the other Loan Documents and any such other documents, and (d) to
pay, indemnify, and hold each Lender and the Administrative Agent and their respective officers, directors, employees, Affiliates, agents
and controlling persons (each, an &#8220;<U>Indemnitee</U>&#8221;) harmless from and against any and all other liabilities, obligations,
losses, damages, penalties, actions, judgments, suits, costs, expenses or disbursements of any kind or nature whatsoever with respect
to the execution, delivery, enforcement, performance and administration of this Agreement, the other Loan Documents and any such other
documents, including any of the foregoing relating to the use of proceeds of the Loans or the violation of, noncompliance with or liability
under, any Environmental Law applicable to the operations of any Group Member or any of the properties owned by such Group Members and
the reasonable fees and expenses of legal counsel in connection with claims, actions or proceedings by any Indemnitee against any Loan
Party under any Loan Document (all the foregoing in this clause (d), collectively, the &#8220;<U>Indemnified Liabilities</U>&#8221;),
provided, that the Borrower shall have no obligation hereunder to any Indemnitee with respect to Indemnified Liabilities to the extent
such Indemnified Liabilities are found by a final, non-appealable judgment of a court of competent jurisdiction to have resulted from
the gross negligence or willful misconduct of such Indemnitee. Without limiting the foregoing, and to the extent permitted by applicable
law, the Borrower agrees not to assert, and hereby waives, all rights for contribution or any other rights of recovery with respect to
all claims, demands, penalties, fines, liabilities, settlements, damages, costs and expenses of whatever kind or nature, under or related
to Environmental Laws, that any of them might have by statute or otherwise against any Indemnitee. For the avoidance of doubt, no Indemnitee
shall be liable for any damages arising from the use by unintended recipients of any information or other materials distributed by it
through telecommunications, electronic or other information transmission systems in connection with this Agreement or the other Loan Documents
or the transactions contemplated hereby or thereby, except to the extent that any such damages are determined in a final and non-appealable
judgment of a court of competent jurisdiction, to result from the willful misconduct or gross negligence of such Indemnitee.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"></P>

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    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">All amounts
due under this <U>Section 8.5</U> shall be payable not later than ten (10) days after written demand therefor. Statements payable by the
Borrower pursuant to this <U>Section 8.5</U> shall be submitted to Rajat Gupta (Telephone No.&nbsp;(914) 684-3442; Telecopy No.&nbsp;(914)
684-3283), at the address of Bunge Limited set forth in Section 8.2, or to such other Person or address as may be hereafter designated
by the Borrower in a written notice to the Administrative Agent. The agreements in this <U>Section 8.5</U> shall survive repayment of
the Loans and all other amounts payable hereunder. Notwithstanding the foregoing, and for the avoidance of doubt, this <U>Section 8.5</U>
shall not apply with respect to Taxes other than any Taxes that represent losses, claims, damages, etc. arising from a non-Tax claim.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">To the extent permitted by applicable law (i)
the Borrower and any Loan Party shall not assert, and the Borrower and each Loan Party hereby waives, any claim against the Administrative
Agent, any Arranger, any Syndication Agent, any Co-Documentation Agent and any Lender, and any Affiliates of any of the foregoing Persons
(each such Person being called a &#8220;<U>Lender-Related Person</U>&#8221;) for any Liabilities arising from the use by others of information
or other materials (including, without limitation, any personal data) obtained through telecommunications, electronic or other information
transmission systems (including the Internet), and (ii) no party hereto shall assert, and each such party hereby waives, any Liabilities
against any other party hereto, on any theory of liability, for special, indirect, consequential or punitive damages (as opposed to direct
or actual damages) arising out of, in connection with, or as a result of, this Agreement, any other Loan Document, or any agreement or
instrument contemplated hereby or thereby, the transactions, any Loan or the use of the proceeds thereof; <U>provided</U> that, nothing
in this paragraph shall relieve the Borrower and each Loan Party of any obligation it may have to indemnify an Indemnitee, as provided
in the preceding paragraph, against any special, indirect, consequential or punitive damages asserted against such Indemnitee by a third
party.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">8.6&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Successors
and Assigns; Participations and Assignments.</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(a) This Agreement
shall be binding upon and inure to the benefit of the Borrower, the Lenders, the Administrative Agent, all future holders of the Loans
and their respective successors and assigns, except that (i) the Borrower may not assign or transfer any of its rights or obligations
under this Agreement without the prior written consent of each Lender and (ii) any attempted assignment or transfer by the Borrower without
such consent shall be null and void.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(b) Any Lender other
than any Conduit Lender may, without the consent of the Borrower or the Administrative Agent, in accordance with applicable law, at any
time sell to one or more banks, financial institutions or other entities (other than the Borrower or any of its Affiliates or an Ineligible
Institution) (each, a &#8220;<U>Participant</U>&#8221;) participating interests in any Loan owing to such Lender, the Commitment of such
Lender or any other interest of such Lender hereunder and under the other Loan Documents. In the event of any such sale by a Lender of
a participating interest to a Participant, such Lender&#8217;s obligations under this Agreement to the other parties to this Agreement
shall remain unchanged, such Lender shall remain solely responsible for the performance thereof, such Lender shall remain the holder of
any such Loan for all purposes under this Agreement and the other Loan Documents, and the Borrower and the Administrative Agent shall
continue to deal solely and directly with such Lender in connection with such Lender&#8217;s rights and obligations under this Agreement
and the other Loan Documents.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify">In no event shall any Participant under any such participation have any right to approve any amendment or
waiver of any provision of any Loan Document, or any consent to any departure by any Loan Party therefrom, except any amendment, waiver
or consent described in clause (w) of the proviso to <U>Section 8.1</U> that affects such Participant, in each case to the extent subject
to such participation. The Borrower agrees that if amounts outstanding under this Agreement and the Loans are due or unpaid, or shall
have been declared or shall have become due and payable upon the occurrence of an Event of Default, each Participant shall, to the maximum
extent permitted by applicable law, be deemed to have the right of setoff in respect of its participating interest in amounts owing under
this Agreement to the same extent as if the amount of its participating interest were owing directly to it as a Lender under this Agreement,
<U>provided</U> that, in purchasing such participating interest, such Participant shall be deemed to have agreed to share with the Lenders
the proceeds thereof as provided in <U>Section 8.7</U> as fully as if it were a Lender hereunder. The Borrower also agrees that each Participant
shall be entitled to the benefits of <U>Sections 2.13</U>, <U>2.14</U> and <U>2.15</U> (and subject to the limitations thereof) with respect
to its participation in the Commitments and the Loans outstanding from time to time as if it was a Lender; <U>provided</U> that, in the
case of <U>Section 2.14</U>, such Participant shall have complied with the requirements of <U>Section 2.14</U> (including the requirements
under Sections 2.14(e), 2.14(f) and 2.14(g) (it being understood that the documentation required under Sections 2.14(e), 2.14(f) and 2.14(g)
shall be delivered to the participating Lender)) as if it was a Lender, and <U>provided</U>, <U>further</U>, that no Participant shall
be entitled to receive any greater amount pursuant to <U>Sections 2.12</U>, <U>2.13</U> or <U>2.14</U> (as the case may be) than the transferor
Lender would have been entitled to receive in respect of the amount of the participation transferred by such transferor Lender to such
Participant had no such transfer occurred, except to the extent such entitlement to receive a greater payment results from a Change in
Law made subsequent to the date hereof that occurs after the Participant acquired the applicable participation. Each Lender that sells
a participation shall, acting as a non-fiduciary agent on behalf of the Borrower, maintain a register on which it enters the name and
address of each Participant and the principal amounts (and stated interest) of each Participant&#8217;s interest in the Loans or other
obligations under this Agreement (the &#8220;<U>Participant Register</U>&#8221;); <U>provided</U> that no Lender shall have any obligation
to disclose all or any portion of the Participant Register to any Person (including the identity of any Participant or any information
relating to a Participant&#8217;s interest in any Commitments or Loans or its other obligations under any Loan Document) except to the
extent that such disclosure is necessary to establish that such Commitment, or Loan or other obligation is in registered form under Section
5f.103-1(c) of the United States Treasury Regulations. The entries in the Participant Register shall be conclusive, in the absence of
manifest error, and such Lender, each Loan Party and the Administrative Agent shall treat each person whose name is recorded in the Participant
Register pursuant to the terms hereof as the owner of such participation for all purposes of this Agreement, notwithstanding notice to
the contrary.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(c) Any Lender other
than any Conduit Lender (an &#8220;<U>Assignor</U>&#8221;) may, in accordance with applicable law, at any time and from time to time assign
to any Person (other than the Borrower or any of its Affiliates or a natural Person) (an &#8220;<U>Assignee</U>&#8221;) all or any part
of its rights and obligations under this Agreement and the other Loan Documents pursuant to an Assignment and Acceptance, executed by
such Assignee, such Assignor and any other Person whose consent is required pursuant to this paragraph, and delivered to the Administrative
Agent for its acceptance and recording in the Register; <U>provided</U> that (i) the consent of the Borrower and the Administrative Agent
(which, in each case, shall not be unreasonably withheld or delayed, and in the case of the Borrower shall be deemed to have been given
if the Borrower has not responded to a proposed assignment within ten (10) Business Days following its receipt of notice of such proposed
assignment) shall be required in the case of any assignment to a Person that is not a Lender or a Lender Affiliate (except that the consent
of the Borrower shall not be required for any assignment that occurs when either a Default or an Event of Default shall have occurred
and be continuing) and (ii) unless otherwise agreed by the Borrower and the Administrative Agent, no such assignment to an Assignee (other
than any Lender or any Lender Affiliate) shall be in an aggregate Dollar Equivalent principal amount of less than $5,000,000, in each
case except in the case of an assignment of all of a Lender&#8217;s interests under this Agreement. For purposes of the proviso contained
in the preceding sentence, the amount described therein shall be aggregated in respect of each Lender and its Lender Affiliates, if any.
Upon such execution, delivery, acceptance and recording, from and after the effective date determined pursuant to such Assignment and
Acceptance, (x)&nbsp;the Assignee thereunder shall be a party hereto and, to the extent provided in such Assignment and Acceptance, have
the rights and obligations of a Lender hereunder with a Commitment and/or Loans as set forth therein, and (y) the Assignor thereunder
shall, to the extent provided in such Assignment and Acceptance, be released from its obligations under this Agreement (and, in the case
of an Assignment and Acceptance covering all of an Assignor&#8217;s rights and obligations under this Agreement, such Assignor shall cease
to be a party hereto). Notwithstanding the foregoing, any Conduit Lender may assign at any time to its designating Lender hereunder without
the consent of the Borrower or the Administrative Agent any or all of the Loans it may have funded hereunder and pursuant to its designation
agreement and without regard to the limitations set forth in the first sentence of this <U>Section 8.6(c)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(d) The Administrative
Agent shall, on behalf of the Borrower, maintain at its address referred to in <U>Section 8.2</U> a copy of each Assignment and Acceptance
delivered to it and a register (the &#8220;<U>Register</U>&#8221;) for the recordation of the names and addresses of the Lenders and the
Commitment of, and the principal amount (and stated interest) of the Loans owing to, each Lender from time to time, which Register shall
be made available to the Borrower and any Lender upon reasonable request. The entries in the Register shall be conclusive, in the absence
of manifest error, and the Borrower, each other Loan Party, the Administrative Agent and the Lenders shall treat each Person whose name
is recorded in the Register as the owner of the Loans and any Notes evidencing the Loans recorded therein for all purposes of this Agreement.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify">Any assignment of any Loan or Commitment, whether or not evidenced by a Note, shall be effective only upon appropriate entries with respect
thereto being made in the Register (and each Note shall expressly so provide). Any assignment or transfer of all or part of a Loan or
Commitment evidenced by a Note shall be registered on the Register only upon surrender for registration of assignment or transfer of the
Note evidencing such Loan or Commitment, accompanied by a duly executed Assignment and Acceptance, and thereupon one or more new Notes
shall be issued to the designated Assignee.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(e) Upon its receipt
of an Assignment and Acceptance executed by an Assignor, an Assignee and any other Person whose consent is required by <U>Section 8.6(c)</U>,
together with payment to the Administrative Agent of a registration and processing fee of $4,000 (such fee not payable with respect to
assignments to an Assignor&#8217;s Affiliate and such fee not to be payable by the Borrower, except for an assignment pursuant to <U>Section
2.18</U>), the Administrative Agent shall (i) promptly accept such Assignment and Acceptance and (ii) record the information contained
therein in the Register on the effective date determined pursuant thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(f) Any Lender may
at any time pledge or assign a security interest in all or any portion of its rights under this Agreement to secure obligations of such
Lender, including any pledge or assignment to secure obligations to a Federal Reserve Bank; <U>provided</U> that no such pledge or assignment
shall release such Lender from any of its obligations hereunder or substitute any such pledgee or assignee for such Lender as a party
hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(g) The Borrower,
upon receipt of written notice from the relevant Lender, agrees to issue Notes to any Lender requiring Notes to facilitate transactions
of the type described in paragraph (f) above.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(h) Each of the
Borrower, each Lender and the Administrative Agent hereby confirms that it will not institute against a Conduit Lender or join any other
Person in instituting against a Conduit Lender any bankruptcy, reorganization, arrangement, insolvency or liquidation proceeding under
any state bankruptcy or similar law, for one year and one day after the payment in full of the latest maturing commercial paper note issued
by such Conduit Lender; <U>provided</U>, however, that each Lender designating any Conduit Lender hereby agrees to indemnify, save and
hold harmless each other party hereto for any loss, cost, damage or expense arising out of its inability to institute such a proceeding
against such Conduit Lender during such period of forbearance.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">8.7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Adjustments;
Set&#45;off.</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(a) Except to the
extent that this Agreement expressly provides for payments to be allocated to a particular Lender or to the Lenders on a non pro rata
basis, if any Lender (a &#8220;<U>Benefitted Lender</U>&#8221;) shall receive any payment of all or part of the Obligations owing to it,
or receive any collateral in respect thereof (whether voluntarily or involuntarily, by set&#45;off, pursuant to events or proceedings
of the nature referred to in <U>Section 6(g)</U>, or otherwise),</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify">in a greater proportion than any such payment to or collateral received
by any other Lender, if any, in respect of the Obligations owing to such other Lender, such Benefitted Lender shall purchase for cash
from the other Lenders a participating interest in such portion of the Obligations owing to each such other Lender, or shall provide such
other Lenders with the benefits of any such collateral, as shall be necessary to cause such Benefitted Lender to share the excess payment
or benefits of such collateral ratably with each of the Lenders; <U>provided</U>, <U>however</U>, that if all or any portion of such excess
payment or benefits is thereafter recovered from such Benefitted Lender, such purchase shall be rescinded, and the purchase price and
benefits returned, to the extent of such recovery, but without interest.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(b) In addition
to any rights and remedies of the Lenders provided by law, each Lender shall have the right, without prior notice to the Guarantor or
the Borrower, any such notice being expressly waived by the Guarantor and the Borrower to the extent permitted by applicable law, upon
any amount becoming due and payable by the Guarantor or the Borrower hereunder (whether at the stated maturity, by acceleration or otherwise),
to set off and appropriate and apply against such amount any and all deposits (general or special, time or demand, provisional or final),
in any currency, and any other credits, indebtedness or claims, in any currency, in each case whether direct or indirect, absolute or
contingent, matured or unmatured, at any time held or owing by such Lender or any branch or agency thereof to or for the credit or the
account of the Guarantor or the Borrower, as the case may be. Each Lender agrees promptly to notify the Borrower and the Administrative
Agent after any such setoff and application made by such Lender, <U>provided</U> that the failure to give such notice shall not affect
the validity of such setoff and application.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">8.8&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Counterparts;
Electronic Signatures</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(a) This Agreement
may be executed by one or more of the parties to this Agreement on any number of separate counterparts, and all of said counterparts taken
together shall be deemed to constitute one and the same instrument. Delivery of an executed signature page of this Agreement by facsimile
transmission or portable document format shall be effective as delivery of a manually executed counterpart hereof. A set of the copies
of this Agreement signed by all the parties shall be lodged with the Borrower and the Administrative Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(b) The words &#8220;execution,&#8221;
&#8220;signed,&#8221; &#8220;signature,&#8221; &#8220;delivery,&#8221; and words of like import in or relating to this Agreement, any
other Loan Document and/or any ancillary document shall be deemed to include Electronic Signatures, deliveries or the keeping of records
in any electronic form (including deliveries by telecopy, emailed pdf. or any other electronic means that reproduces an image of an actual
executed signature page), each of which shall be of the same legal effect, validity or enforceability as a manually executed signature,
physical delivery thereof or the use of a paper-based recordkeeping system, as the case may be;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify"><U>provided</U> that nothing herein shall
require the Administrative Agent to accept Electronic Signatures in any form or format without its prior written consent and pursuant
to procedures approved by it; <U>provided</U>, <U>further</U>, without limiting the foregoing, (i) to the extent the Administrative Agent
has agreed to accept any Electronic Signature, the Administrative Agent and each of the Lenders shall be entitled to rely on such Electronic
Signature purportedly given by or on behalf of the Borrower or any other Loan Party without further verification thereof and without any
obligation to review the appearance or form of any such Electronic signature and (ii) upon the request of the Administrative Agent or
any Lender, any Electronic Signature shall be promptly followed by a manually executed counterpart.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">8.9&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Severability.</U>
&nbsp;Any provision of this Agreement that is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective
to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or
unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">8.10&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Integration.</U>
&nbsp;This Agreement and the other Loan Documents represent the entire agreement of the Guarantor, the Borrower, the Administrative Agent and
the Lenders with respect to the subject matter hereof and thereof, and there are no promises, undertakings, representations or warranties
by the Administrative Agent or any Lender relative to the subject matter hereof not expressly set forth or referred to herein or in the
other Loan Documents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">8.11&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B><U>GOVERNING
LAW</U></B>. &nbsp;THIS AGREEMENT, THE OTHER LOAN DOCUMENTS AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES UNDER THIS AGREEMENT AND THE OTHER
LOAN DOCUMENTS SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">8.12&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Submission
To Jurisdiction; Waivers</U>. &nbsp;The Borrower hereby irrevocably and unconditionally:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;submits
for itself and its property in any legal action or proceeding relating to this Agreement and the other Loan Documents to which it is a
party, or for recognition and enforcement of any judgment in respect thereof, to the non&#45;exclusive general jurisdiction of the courts
of the State of New York sitting in New York County, the courts of the United States for the Southern District of New&nbsp;York, and appellate
courts from any thereof;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;consents
that any such action or proceeding may be brought in such courts and waives any objection that it may now or hereafter have to the venue
of any such action or proceeding in any such court or that such action or proceeding was brought in an inconvenient court and agrees not
to plead or claim the same;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;agrees
that service of process in any such action or proceeding may be effected by mailing a copy thereof by registered or certified mail (or
any substantially similar form of mail), postage prepaid, to the Borrower, as the case may be at its address set forth in <U>Section 8.2</U>
or at such other address of which the Administrative Agent shall have been notified pursuant thereto;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;agrees
that nothing herein shall affect the right to effect service of process in any other manner permitted by law or shall limit the right
to sue in any other jurisdiction; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;waives,
to the maximum extent not prohibited by law, any right it may have to claim or recover in any legal action or proceeding referred to in
this Section any special, exemplary, punitive or consequential damages.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">8.13&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Acknowledgements</U>.
&nbsp;The Borrower hereby acknowledges and agrees that:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;it
has been advised by counsel in the negotiation, execution and delivery of this Agreement and the other Loan Documents;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;neither
the Administrative Agent nor any Lender has any fiduciary relationship with or duty to the Borrower arising out of or in connection with
this Agreement or any of the other Loan Documents, and the relationship between Administrative Agent and Lenders, on one hand, and the
Borrower, on the other hand, in connection herewith or therewith is solely that of debtor and creditor; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;no
joint venture is created hereby or by the other Loan Documents or otherwise exists by virtue of the transactions contemplated hereby among
the Lenders or among the Borrower and the Lenders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">8.14&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Confidentiality</U>.
&nbsp;Each of the Administrative Agent and each Lender agrees to keep confidential all non-public information provided to it by any Loan Party
pursuant to this Agreement that is designated by such Loan Party as confidential; <U>provided</U> that nothing herein shall prevent the
Administrative Agent or any Lender from disclosing any such information (a) to the Administrative Agent, any other Lender or any Lender
Affiliate, (b) subject to an agreement to comply with the provisions of this Section, to any actual or prospective Transferee or any direct
or indirect counterparty to any Hedge Agreement (or any professional advisor to such counterparty), (c) to its employees, directors, agents,
attorneys, accountants and other professional advisors or those of any of its Affiliates (the &#8220;<U>Permitted Parties</U>&#8221;),
(d) upon the request or demand of any Governmental Authority, (e) in response to any order of any court or other Governmental Authority
or as may otherwise be required pursuant to any Requirement of Law, (f) if requested or required to do so in connection with any litigation
or similar proceeding, (g) that has been publicly disclosed, (h) to the National Association of Insurance Commissioners or any similar
organization or any nationally recognized rating agency that requires access to information about a Lender&#8217;s investment portfolio
in connection with ratings issued or any insurer, insurance broker or direct or indirect provider of credit protection with respect to
such Lender or Permitted Parties, (i) to any credit insurance provider or any credit risk insurance broker relating to the Borrower and
its obligations, (j) to any direct, indirect, actual or prospective counterparty (and its advisor) to any swap, derivative or securitization
transaction related to the obligations under this Agreement, (k) to the CUSIP Service Bureau or any similar organization, (l) in connection
with the exercise of any remedy hereunder or under any other Loan Document or (m) with the prior written consent of the Borrower.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">In addition,
the Administrative Agent and the Lenders may disclose the existence of this Agreement and information about this Agreement to market data
collectors, similar service providers to the lending industry and service providers to the Agents and the Lenders in connection with the
administration of this Agreement, the other Loan Documents and the Commitments; <U>provided</U>, that the Administrative Agent and the
Lenders shall have obtained such service providers&#8217; written agreement to maintain the confidentiality of all non-public information
relating to this Agreement and the other Loan Documents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Each Lender acknowledges
that information furnished to it pursuant to this Agreement or the other Loan Documents may include material non-public information concerning
the Borrower and its Affiliates and their related parties or their respective securities, and confirms that it has developed compliance
procedures regarding the use of material non-public information and that it will handle such material non-public information in accordance
with those procedures and applicable law, including Federal and state securities laws.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">All information, including
requests for waivers and amendments, furnished by the Borrower or the Administrative Agent pursuant to, or in the course of administering,
this Agreement or the other Loan Documents will be syndicate-level information, which may contain material non-public information about
the Borrower and its Affiliates and their related parties or their respective securities. Accordingly, each Lender represents to the Borrower
and the Administrative Agent that it has identified in its administrative questionnaire a credit contact who may receive information that
may contain material non-public information in accordance with its compliance procedures and applicable law, including Federal and state
securities laws.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><B>8.15&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>WAIVERS
OF JURY TRIAL</U>.</B>&nbsp; THE BORROWER, THE ADMINISTRATIVE AGENT AND THE LENDERS HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVE TRIAL BY JURY
IN ANY LEGAL ACTION OR PROCEEDING RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT AND FOR ANY COUNTERCLAIM THEREIN.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">8.16&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Bankruptcy Petition Against the Borrower; Liability of the Borrower</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(a) Each of the
Administrative Agent and the Lenders hereby covenants and agrees that, prior to the date which is one year and one day after the payment
in full of all Loans and other amounts payable hereunder and all Pari Passu Indebtedness, it will not institute against, or join with
or assist any other Person in instituting against, the Borrower, any bankruptcy, reorganization, arrangement, insolvency or liquidation
proceedings, or other proceedings under any applicable insolvency laws. This <U>Section 8.16</U> shall survive the termination of this
Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(b) Notwithstanding
any other provision hereof or of any other Loan Documents, the sole remedy of the Administrative Agent, any Lender or any other Person
against the Borrower in respect of any obligation, covenant, representation, warranty or agreement of the Borrower under or related to
this Agreement or any other Loan Document shall be against the assets of the Borrower.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify">Neither the Administrative Agent, nor any Lender
nor any other Person shall have any claim against the Borrower to the extent that such assets are insufficient to meet such obligations,
covenant, representation, warranty or agreement (the difference being referred to herein as a &#8220;<U>shortfall</U>&#8221;) and all
claims in respect of the shortfall shall be extinguished; <U>provided</U>, <U>however</U>, that the provisions of this Section 8.16 apply
solely to the obligations of the Borrower and shall not extinguish such shortfall or otherwise restrict such Person&#8217;s rights or
remedies against the Guarantor for purposes of the obligations of the Guarantor to any Person under the Guaranty Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">8.17&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Conversion
of Approved Currencies into Dollars</U>. &nbsp;Unless the context otherwise requires, any calculation of an amount or percentage that is required
to be made by the Borrower or the Administrative Agent under the Loan Documents shall be made by first converting any amounts denominated
in Master Trust Approved Currencies other than Dollars into Dollars at the Rate of Exchange pursuant to <U>Section 1.2(e)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">8.18&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>U.S.A.
Patriot Act</U>.&nbsp; &nbsp;Each Lender hereby notifies the Borrower that pursuant to the requirements of the USA Patriot Act (Title III of
Pub. L. 107-56 (signed into law October 26, 2001)) (the &#8220;<U>Patriot Act</U>&#8221;), it is required to obtain, verify and record
information that identifies the Borrower, which information includes the name and address of the Borrower and other information that will
allow such Lender to identify the Borrower in accordance with the Patriot Act.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">8.19&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Acknowledgment
and Consent to Bail-In of Affected Financial Institution</U>.&nbsp; 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 Affected 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 the applicable Resolution Authority and agrees and consents to, and acknowledges and agrees to
be bound by:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.75in; text-align: justify; text-indent: 0.5in">(a) the application
of any Write-Down and Conversion Powers by the applicable Resolution Authority to any such liabilities arising hereunder which may be
payable to it by any party hereto that is an Affected Financial Institution; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.75in; text-align: justify; text-indent: 0.5in">(b) the effects
of any Bail-In Action on any such liability, including, if applicable:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(i) a reduction in
full or in part or cancellation of any such liability;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(ii) a conversion of
all, or a portion of, such liability into shares or other instruments of ownership in such Affected 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</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(iii) the variation
of the terms of such liability in connection with the exercise of the Write-Down and Conversion Powers of the applicable Resolution Authority.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">[signature pages follow]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">IN WITNESS WHEREOF, the parties hereto have caused
this Revolving Credit Agreement to be duly executed and delivered by their proper and duly authorized officers as of the day and year
first above written.</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 25%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 21%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 54%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0.25in">BUNGE LIMITED FINANCE CORP.</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">By: <U>/s/ Rajat Gupta</U><BR>
    Printed Name: Rajat Gupta<BR>
    Title: President</P></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">[Signature Page to Revolving Credit Agreement (5-year)]</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 25%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 21%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 54%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">JPMORGAN CHASE BANK, N.A.,</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0.25in">as Administrative Agent and Lender</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">By: <U>/s/ Gregory T. Martin</U><BR>
    Printed Name: Gregory T. Martin<BR>
    Title: Executive Director</P></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">[Signature Page to Revolving Credit Agreement (5-year)]</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 25%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="width: 21%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 54%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">CITIBANK, N.A.,</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0.25in">as Syndication Agent and Lender</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">By: <U>/s/ Carolyn Kee</U><BR>
    Printed Name: Carolyn Kee<BR>
    Title: Vice President</P></TD></TR>
  </TABLE>
<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; width: 25%">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: justify; width: 21%">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; width: 54%">&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="text-align: center; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt">[Signature Page to Revolving Credit Agreement
(5-year)]</FONT></P>

<P STYLE="margin: 0"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 25%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="width: 21%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 54%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">BNP PARIBAS,</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0.25in">as Co-Documentation Agent and Lender</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">By: <U>/s/ Christopher Sked</U><BR>
    Printed Name: Christopher Sked<BR>
    Title: Managing Director</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">By: <U>/s/ Karim Remtoula</U><BR>
    Printed Name: Karim Remtoula<BR>
    Title: Vice President</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">[Signature Page to Revolving Credit Agreement (5-year)]</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 25%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="width: 21%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 54%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">CO&Ouml;PERATIEVE RABOBANK U.A., NEW YORK BRANCH,</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">as Co-Documentation Agent and Lender</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">By: <U>/s/ Lionel Autret</U><BR>
    Printed Name: Lionel Autret<BR>
    Title: Managing Director</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">By: <U>/s/ Matthew Sammut</U><BR>
    Printed Name: Matthew Sammut<BR>
    Title: Vice President</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">[Signature Page to Revolving Credit Agreement (5-year)]</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 25%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="width: 21%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 54%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">MIZUHO BANK, LTD.,</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0.25in">as Co-Documentation Agent and Lender</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">By: <U>/s/ Donna DeMagistris</U><BR>
    Printed Name: Donna DeMagistris<BR>
    Title: Executive Director</P></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">[Signature Page to Revolving Credit Agreement (5-year)]</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 25%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="width: 21%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 54%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">SUMITOMO MITSUI BANKING<BR>
    CORPORATION,</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0.25in">as Co-Documentation Agent and Lender</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">By: <U>/s/ Jun Ashley</U><BR>
    Printed Name: Jun Ashley<BR>
    Title: Director</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">[Signature Page to Revolving Credit Agreement (5-year)]</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 25%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="width: 21%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 54%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">U.S. BANK NATIONAL ASSOCIATION</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0.25in">as Co-Documentation Agent and Lender</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">By: <U>/s/ Jeffrey D. Hernandez</U><BR>
    Printed Name: Jeffrey D. Hernandez<BR>
    Title: Vice President</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P></TD></TR>
  </TABLE>&nbsp;
<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="text-align: center; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt">[Signature Page to Revolving Credit Agreement
(5-year)]</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 0"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 25%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="width: 21%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 54%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">AGRICULTURAL BANK OF CHIN, LTD. NEW YORK BRANCH</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0.25in">as Lender</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">By: <U>/s/ Nelson Chou</U><BR>
    Printed Name: Nelson Chou<BR>
    Title: SVP, Head of Corporate Banking</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">[Signature Page to Revolving Credit Agreement (5-year)]</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 25%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="width: 21%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 54%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">ARAB BANKING CORPORATION B.S.C., NEW YORK</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0.25in">as Lender</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">By: <U>/s/ David Giacalone</U><BR>
    Printed Name: David Giacalone<BR>
    Title: Chief Risk Officer, New York</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">By: <U>/s/ Tony Berbari</U><BR>
    Printed Name: Tony Berbari<BR>
    Title: General Manager, New York</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">[Signature Page to Revolving Credit Agreement (5-year)]</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 25%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="width: 21%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 54%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">AUSTRALIA AND NEW ZEALAND</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">BANKING GROUP LIMITED,</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">as Lender</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">By: <U>/s/ Cynthia Dioquino</U><BR>
    Printed Name: Cynthia Dioquino<BR>
    Title: Director</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">[Signature Page to Revolving Credit Agreement (5-year)]</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 25%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="width: 21%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 54%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">BANCO BILBAO VIZCAYA ARGENTARIA, S.A. NEW YORK BRANCH</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0.25in">as Lender</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">By: <U>/s/ Cara Younger</U><BR>
    Printed Name: Cara Younger<BR>
    Title: Executive Director</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">By: <U>/s/ Miriam Trautmann</U><BR>
    Printed Name: Miriam Trautmann<BR>
    Title: Senior Vice President</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">[Signature Page to Revolving Credit Agreement (5-year)]</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 25%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="width: 21%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 54%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">BANCO SANTANDER, S.A., NEW YORK BRANCH</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0.25in">as Lender</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">By: <U>/s/ Andres Barbosa</U><BR>
    Printed Name: Andres Barbosa<BR>
    Title: Managing Director</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">By: <U>/s/ Rita Walz-Cuccioli</U><BR>
    Printed Name: Rita Walz-Cuccioli<BR>
    Title: General Manager, New York</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">[Signature Page to Revolving Credit Agreement (5-year)]</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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  <TR STYLE="vertical-align: top">
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    <TD STYLE="width: 21%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 54%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">BANK OF AMERICA, N.A.,</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0.25in">as Lender</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">By: <U>/s/ Nicholas Cheng</U><BR>
    Printed Name: Nicholas Cheng<BR>
    Title: Director</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P></TD></TR>
  </TABLE>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">[Signature Page to Revolving Credit Agreement (5-year)]</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 25%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="width: 21%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 54%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">BMO HARRIS BANK N.A.,</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0.25in">as Lender</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">By: <U>/s/ Joshua Hovermale</U><BR>
    Printed Name: Joshua Hovermale<BR>
    Title: Director</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P></TD></TR>
  </TABLE>&nbsp;
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<P STYLE="text-align: center; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">[Signature Page
to Revolving Credit Agreement (5-year)]</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 0"></P>

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  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 25%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="width: 21%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 54%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">COMMERZBANK AG, NEW YORK BRANCH,</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0.25in">as Lender</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">By: <U>/s/ Mathew Ward</U><BR>
    Printed Name: Mathew Ward<BR>
    Title: Managing Director</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">By: <U>/s/ Robert Sullivan</U><BR>
    Printed Name: Robert Sullivan<BR>
    Title: Vice President</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P></TD></TR>
  </TABLE>&nbsp;

<P STYLE="margin: 0">&nbsp;</P>

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<P STYLE="text-align: center; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">[Signature
Page to Revolving Credit Agreement (5-year)]</FONT></P>

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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 25%; padding-right: 5.4pt; padding-left: 5.4pt"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;&nbsp;&nbsp;</P>
                                                                      <P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P></TD>
    <TD STYLE="width: 21%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: justify"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;&nbsp;</P></TD>
    <TD STYLE="width: 54%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">CREDIT AGRICOLE CORPORATE AND INVESTMENT BANK,</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0.25in">as Lender</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">By: <U>/s/ Jill Wong</U><BR>
    Printed Name: Jill Wong<BR>
    Title: Director</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">By: <U>/s/ Gordon Yip</U><BR>
    Printed Name: Gordon Yip<BR>
    Title: Director</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P></TD></TR>
  </TABLE>&nbsp;
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<P STYLE="text-align: center; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt">[Signature Page to Revolving Credit Agreement
(5-year)]</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 0"></P>

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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 25%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="width: 21%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 54%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">DEUTSCHE BANK AG NEW YORK BRANCH,</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0.25in">as Lender</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">By: <U>/s/ Ming K. Chu</U><BR>
    Printed Name: Ming K. Chu<BR>
    Title: Director</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">By: <U>/s/ Marko Lukin</U><BR>
    Printed Name: Marko Lukin<BR>
    Title: Vice President</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P></TD></TR>
  </TABLE>&nbsp;
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<P STYLE="text-align: center; margin-top: 0; margin-bottom: 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">[Signature Page to Revolving Credit Agreement
(5-year)]</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 0"></P>

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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 25%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="width: 21%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 54%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">DZ BANK AG, DEUTSCHE ZENTRAL-GENOSSENSCHAFTSBANK, NEW YORK BRANCH,</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0.25in">as Lender</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">By: <U>/s/ Michael Palumberi</U><BR>
    Printed Name: Michael Palumberi<BR>
    Title: Vice President</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">By: <U>/s/ Richard Wilbert</U><BR>
    Printed Name: Richard Wilbert<BR>
    Title: Vice President</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P></TD></TR>
  </TABLE>&nbsp;
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<P STYLE="text-align: center; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">[Signature
Page to Revolving Credit Agreement (5-year)]</FONT></P>

<P STYLE="margin: 0"></P>

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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 25%; padding-right: 5.4pt; padding-left: 5.4pt"><P STYLE="margin-top: 0; margin-bottom: 0"></P></TD>
    <TD STYLE="width: 21%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 54%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">GOLDMAN SACHS BANK USA,</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0.25in">as Lender</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">By: <U>/s/ Rebecca Kratz</U><BR>
    Printed Name: Rebecca Kratz<BR>
    Title: Authorized Signatory</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P></TD></TR>
  </TABLE>&nbsp;

<P STYLE="margin: 0">&nbsp;</P>

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<P STYLE="text-align: center; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">[Signature
Page to Revolving Credit Agreement (5-year)]</FONT></P>

<P STYLE="margin: 0"></P>

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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 25%; padding-right: 5.4pt; padding-left: 5.4pt"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>
                                                                      <P STYLE="margin-top: 0; margin-bottom: 0"></P></TD>
    <TD STYLE="width: 21%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 54%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">HSBC BANK USA, NATIONAL ASSOCIATION,</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0.25in">as Lender</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">By: <U>/s/ Catherine Dong </U><BR>
    Printed Name: Catherine Dong<BR>
    Title: Managing Director</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P></TD></TR>
  </TABLE>&nbsp;
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<P STYLE="text-align: center; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">[Signature
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    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED, NEW YORK BRANCH,</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0.25in">as Lender</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">By: <U>/s/ Chan K. Park</U><BR>
    Printed Name: Chan K. Park<BR>
    Title: Executive Director</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">By: <U>/s/ Peichen Chen</U><BR>
    Printed Name: Peichen Chen<BR>
    Title: Vice President</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
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    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">KBC BANK N.V.,</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0.25in">as Lender</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">By: <U>/s/ Francis X. Payne</U><BR>
    Printed Name: Francis X. Payne<BR>
    Title: Managing Director</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">By: <U>/s/ William Cavanaugh</U><BR>
    Printed Name: William Cavanaugh<BR>
    Title: Director</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P></TD></TR>
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<P STYLE="text-align: center; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">[Signature
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    <TD STYLE="width: 54%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">MORGAN STANLEY SENIOR FUNDING, INC.,</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0.25in">as Lender</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">By: <U>/s/ Michael King</U><BR>
    Printed Name: Michael King<BR>
    Title: Vice President</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
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    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P></TD></TR>
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<P STYLE="text-align: center; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">[Signature
Page to Revolving Credit Agreement (5-year)]</FONT></P>

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    <TD STYLE="width: 54%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">MUFG BANK, LTD.,</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0.25in">as Lender</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">By: <U>/s/ Christopher Facenda</U><BR>
    Printed Name: Christopher Facenda<BR>
    Title: Director</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
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<P STYLE="text-align: center; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">[Signature
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    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">NATIXIS, NEW YORK BRANCH,</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0.25in">as Lender</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">By: <U>/s/ Paolo Salvi</U><BR>
    Printed Name: Paolo Salvi<BR>
    Title: Executive Director</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">By: <U>/s/ Alisa Trani</U><BR>
    Printed Name: Alisa Trani<BR>
    Title: Executive Director</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
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<P STYLE="text-align: center; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">[Signature
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    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">PNC BANK, NATIONAL ASSOCIATION,</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0.25in">as Lender</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">By: <U>/s/ Ana Gaytan</U><BR>
    Printed Name: Ana Gaytan<BR>
    Title: Assistant Vice President</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
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<P STYLE="text-align: center; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt">[Signature Page to Revolving Credit Agreement
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    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">STANDARD CHARTERED BANK,</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0.25in">as Lender</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">By: <U>/s/ Kristopher Tracy</U><BR>
    Printed Name: Kristopher Tracy<BR>
    Title: Director, Financing Solutions</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
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<P STYLE="text-align: center; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt">[Signature Page to Revolving Credit Agreement
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    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">THE TORONTO-DOMINION BANK, NEW YORK BRANCH,</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0.25in">as Lender</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">By: <U>/s/ Maria Macchiaroli</U><BR>
    Printed Name: Maria Macchiaroli<BR>
    Title: Authorized Signatory</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
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    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P></TD></TR>
  </TABLE>&nbsp;
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<P STYLE="text-align: center; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt">[Signature Page to Revolving Credit Agreement
(5-year)</FONT>]</P>

<P STYLE="margin-top: 0; margin-bottom: 0"></P>

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  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 25%; padding-right: 5.4pt; padding-left: 5.4pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 21%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; font: 10pt Times New Roman, Times, Serif; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 54%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">TRUIST BANK,</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0.25in">as Lender</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">By: <U>/s/ J. Matthew Rowand</U><BR>
    Printed Name: J. Matthew Rowand<BR>
    Title: Director</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
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    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P></TD></TR>
  </TABLE>&nbsp;
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<P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="text-align: center; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt">[Signature Page to Revolving Credit Agreement
(5-year)]</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 0"></P>

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  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 25%; padding-right: 5.4pt; padding-left: 5.4pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 21%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; font: 10pt Times New Roman, Times, Serif; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 54%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">WELLS FARGO BANK, NATIONAL ASSOCIATION,</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0.25in">as Lender</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">By: <U>/s/ Peter Kiedrowski</U><BR>
    Printed Name: Peter Kiedrowski<BR>
    Title: Managing Director</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center">[Signature Page to Revolving Credit Agreement
(5-year)]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right">SCHEDULE 1.1</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><U>COMMITMENTS</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 57%; border: Black 1pt solid; padding-right: 5.4pt; padding-bottom: 6pt; padding-left: 5.4pt"><B><U>Lender</U></B></TD>
    <TD STYLE="width: 43%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><B><U>Commitment</U></B></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">Citibank, N.A.</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">$80,000,000</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">JPMorgan Chase Bank, N.A.</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">$150,750,000</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">Banco Santander, S.A., New York Branch</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">$70,000,000</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">Commerzbank AG, New York Branch</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">$70,000,000</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">Deutsche Bank AG New York Branch</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">$60,000,000</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">Agricultural Bank of China Ltd. New York Branch</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">$50,000,000</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">Industrial and Commercial Bank of China Limited, New York Branch</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">$50,000,000</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">Goldman Sachs Bank USA</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">$48,500,000</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">Banco Bilbao Vizcaya Argentaria, S.A. New York Branch</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">$40,000,000</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">Bank of America, N.A.</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">$40,000,000</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">BNP Paribas</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">$40,000,000</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">Mizuho Bank, Ltd.</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">$40,000,000</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">Morgan Stanley Senior Funding, Inc.</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">$40,000,000</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">MUFG Bank, Ltd.</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">$40,000,000</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">Standard Chartered Bank</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">$40,000,000</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">Sumitomo Mitsui Banking Corporation</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">$40,000,000</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">The Toronto-Dominion Bank, New York Branch</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">$40,000,000</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">Truist Bank</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">$40,000,000</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">U.S. Bank National Association</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">$40,000,000</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">Wells Fargo Bank, National Association</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">$40,000,000</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">PNC Bank, National Association</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">$38,000,000</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">Arab Banking Corporation B.S.C., New York</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">$30,000,000</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">Australia and New Zealand Banking Group Limited</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">$30,000,000</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">DZ Bank AG, Deutsche Zentral-Genossenschaftsbank, New York Branch</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">$30,000,000</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">KBC Bank N.V.</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">$30,000,000</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">Natixis, New York Branch</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">$30,000,000</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">BMO Harris Bank N.A.</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">$27,750,000</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">Cooperatieve Rabobank U.A., New York Branch</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">$25,000,000</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">Credit Agricole Corporate and Investment Bank</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">$25,000,000</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">HSBC Bank USA, National Association</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">$25,000,000</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><B>TOTAL COMMITMENTS</B></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-bottom: 6pt; padding-left: 5.4pt"><B>$1,350,000,000</B></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right">SCHEDULE 3.3</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><U>CONSENTS, AUTHORIZATIONS, FILINGS AND NOTICES</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">None.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right">EXHIBIT A</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">FORM OF GUARANTY AGREEMENT</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right">EXHIBIT B-1</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">FORM OF BORROWER RESPONSIBLE OFFICER&#8217;S CERTIFICATE</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right">EXHIBIT B-2</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">FORM OF BORROWER SECRETARY CERTIFICATE</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right">EXHIBIT B-3</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">FORM OF GUARANTOR RESPONSIBLE OFFICER&#8217;S CERTIFICATE</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right">EXHIBIT B-4</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">FORM OF GUARANTOR SECRETARY CERTIFICATE</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right">EXHIBIT C</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">FORM OF ASSIGNMENT AND ACCEPTANCE</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Reference is made to the
Revolving Credit Agreement, dated as of July 16, 2021 (as amended, supplemented or otherwise modified prior to the Effective Date (as
defined below), the &#8220;<U>Agreement</U>&#8221;), among BUNGE LIMITED FINANCE CORP. (the &#8220;<U>Borrower</U>&#8221;), the Lenders
named therein, and JPMORGAN CHASE BANK, N.A., as Administrative Agent (the &#8220;<U>Agent</U>&#8221;). Terms defined in the Agreement
are used herein with the same meanings.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">_______________ (the &#8220;<U>Assignor</U>&#8221;)
and ________________ (the &#8220;<U>Assignee</U>&#8221;) agree as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Assignor hereby irrevocably sells and assigns to the Assignee without recourse to the Assignor, and the Assignee hereby irrevocably purchases
and assumes from the Assignor without recourse to the Assignor, as of the Effective Date, a _____% interest (the &#8220;<U>Assigned Interest</U>&#8221;)
in and to the Assignor&#8217;s rights and obligations under the Agreement with respect to those credit facilities contained in the Agreement
as are set forth on Schedule 1 hereto (individually, an &#8220;<U>Assigned Facility</U>&#8221;; collectively, the &#8220;<U>Assigned Facilities</U>&#8221;),
in a principal amount for each Assigned Facility as set forth on Schedule 1 (the aggregate Dollar Equivalent principal amount of which
is not less than $5,000,000, except in the case of an assignment of all the Assignee&#8217;s interests under the Agreement).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Assignor (i) makes no representation or warranty and assumes no responsibility with respect to any statements, warranties or representations
made in or in connection with the Agreement or the execution, legality, validity, enforceability, genuineness, sufficiency or value of
the Agreement or any other instrument or document furnished pursuant thereto, other than that it has not created any adverse claim upon
the interest being assigned by it hereunder and that such interest is free and clear of any such adverse claim; (ii) makes no representation
or warranty and assumes no responsibility with respect to the financial condition of the Borrower, the Guarantor, any of its Subsidiaries
or any other obligor or the performance or observance by the Borrower, the Guarantor, any of its Subsidiaries or any other obligor of
any of their respective obligations under the Agreement or any other instrument or document furnished pursuant hereto or thereto; and
(iii) attaches the promissory note(s) (if any) held by it evidencing the Assigned Facilities and (a) requests that the Agent (upon request
by the Assignee) exchange such promissory note(s) for a new promissory note or promissory notes payable to the Assignee and (b) if the
Assignor has retained any interest in the Assigned Facilities, requests that the Agent exchange the attached promissory note(s) for a
new promissory note or promissory notes payable to the Assignor, in each case, in the amount which reflects the assignment being made
hereby (and after giving effect to any other assignments which have become effective on the Effective Date).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Assignee (i) represents and warrants that it is legally authorized to enter into this Assignment and Acceptance; (ii) confirms that it
has received a copy of the Agreement, together with copies of the financial statements delivered pursuant to subsections 5.1(g) and 5.1(h)
thereof and subsection 8.1(a) of the Guaranty, dated July 16, 2021, by Bunge Limited in favor of the Agent and such other documents and
information as it has deemed appropriate to make its own credit analysis and decision to enter into this Assignment and Acceptance;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">(iii)
agrees that it will, independently and without reliance upon the Assignor, the Agent or any other Lender and based on such documents and
information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under the
Agreement or any other instrument or document furnished pursuant hereto or thereto; (iv) appoints and authorizes the Agent to take such
action as agent on its behalf and to exercise such powers and discretion under the Agreement or any other instrument or document furnished
pursuant hereto or thereto as are delegated to the Agent by the terms thereof, together with such powers as are incidental thereto; and
(v) agrees that it will be bound by the provisions of the Agreement and will perform in accordance with its terms all the obligations
which by the terms of the Agreement are required to be performed by it as a Lender including its obligation pursuant to subsection 2.14(e)
or (f) of the Agreement to deliver the forms prescribed by the Internal Revenue Service of the United States certifying as to the Assignee&#8217;s
exemption from United States withholding taxes with respect to all payments to be made to the Assignee under the Agreement, or such other
documents as are necessary to indicate that all such payments are subject to such tax at a rate reduced by an applicable tax treaty.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
effective date of this Assignment and Acceptance shall be _________, 20__ (the &#8220;<U>Effective Date</U>&#8221;). Following the execution
of this Assignment and Acceptance, it will be delivered to the Agent for acceptance by it and recording by the Agent pursuant to subsection
8.6(c) of the Agreement, effective as of the Effective Date (which shall not, unless otherwise agreed to by the Agent, be earlier than
five (5) Business Days after the date of such acceptance and recording by the Agent).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Upon
such acceptance and recording, from and after the Effective Date, the Agent shall make all payments in respect of the Assigned Interest
(including payments of principal, interest, fees and other amounts) to the Assignee whether such amounts have accrued prior to the Effective
Date or accrue on or subsequent to the Effective Date. The Assignor and the Assignee shall make all appropriate adjustments in payments
by the Agent for periods prior to the Effective Date or with respect to the making of this assignment directly between themselves.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">6.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;From
and after the Effective Date, (i) the Assignee shall be a party to the Agreement and, to the extent provided in this Assignment and Acceptance,
have the rights and obligations of a Lender thereunder and shall be bound by the provisions thereof and (ii) the Assignor shall, to the
extent provided in this Assignment and Acceptance, relinquish its rights and be released from its obligations under the Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">7.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[The
Assignee confirms that the Assignee has agreed to the extension of the Original Termination Date to November 20, 20[20][21] in accordance
with Section 2.3 of the Agreement.]<SUP>1</SUP></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">_____________________</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><SUP>1</SUP> <FONT STYLE="font-size: 10pt">Include Paragraph 7 if the assignment
is from a Declining Lender pursuant to Section 2.3 of the Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">8.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This
Assignment and Acceptance shall be governed by and construed in accordance with the laws of the State of New York.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">IN WITNESS WHEREOF, the parties
hereto have caused this Assignment and Acceptance to be executed as of ________, 20__ by their respective duly authorized officers on
Schedule 1 hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">Schedule 1<BR>
to Assignment and Acceptance<BR>
relating to the Revolving Credit Agreement dated as of July 16, 2021, among BUNGE LIMITED FINANCE CORP., the Lenders named therein, and
JPMORGAN CHASE BANK, N.A., as administrative agent (in such capacity, the &#8220;Agent&#8221;).</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="border-top: black 2.25pt solid; border-bottom: black 2.25pt solid; padding: 5.05pt 6pt; line-height: 94%"><FONT STYLE="line-height: 94%">Name of Assignor:<BR>
<BR>
Name of Assignee:<BR>
<BR>
Effective Date of Assignment:</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 30%; border-bottom: black 2.25pt solid; padding: 5.05pt 6pt">
<!-- Field: Rule-Page --><DIV STYLE="margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: black 0.25pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --></TD>
    <TD STYLE="width: 30%; border-bottom: black 2.25pt solid; padding: 5.05pt 6pt">
<DIV STYLE="padding: 0in; border-bottom: black 0.25pt solid">

    <P STYLE="font: 10pt/94% Times New Roman, Times, Serif; margin: 0; text-align: center">Dollar Equivalent of Principal<BR>
    Amount Assigned</P>
    <P STYLE="font: 10pt/94% Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>
    <P STYLE="font: 10pt/94% Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>
</DIV></TD>
    <TD STYLE="width: 40%; border-bottom: black 2.25pt solid; padding: 5.05pt 6pt">
<DIV STYLE="padding: 0in; border-bottom: black 0.25pt solid">

    <P STYLE="font: 10pt/94% Times New Roman, Times, Serif; margin: 0; text-align: center">Commitment Percentage Assigned<BR>
    (to at least fifteen decimals) (shown as a percentage of aggregate principal amount of all Lenders)</P>
    <P STYLE="font: 10pt/94% Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>
    <P STYLE="font: 10pt/94% Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>
</DIV></TD></TR>
  </TABLE>
<P STYLE="font: 10pt/94% Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%; padding: 5.05pt 5.75pt">
    <P STYLE="font: 10pt/94% Times New Roman, Times, Serif; margin: 0"><U>Accepted</U>:</P>
    <P STYLE="font: 10pt/94% Times New Roman, Times, Serif; margin: 0"><BR>
    [ASSIGNOR]<BR>
    <BR>
    <BR>
    </P>
    <P STYLE="font: 10pt/94% Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: -0.25in">By:__________________________________<BR>
    Name:<BR>
    Title:</P>
    <P STYLE="font: 10pt/94% Times New Roman, Times, Serif; margin: 0">&nbsp;</P></TD>
    <TD STYLE="width: 50%; padding: 5.05pt 5.75pt">
    <P STYLE="font: 10pt/94% Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt/94% Times New Roman, Times, Serif; margin: 0"><BR>
    [ASSIGNEE]<BR>
    <BR>
    <BR>
    </P>
    <P STYLE="font: 10pt/94% Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: -0.25in">By:__________________________________<BR>
    Name:<BR>
    Title:</P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding: 5.05pt 5.75pt"><U>Consented To</U>:<U>2</U><SUP>/</SUP></TD>
    <TD STYLE="padding: 5.05pt 5.75pt; line-height: 94%"><FONT STYLE="line-height: 94%">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding: 5.05pt 5.75pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">JPMORGAN CHASE BANK, N.A.,<BR>
    as Agent<BR>
    <BR>
    <BR>
    </P>
    <P STYLE="font: 10pt/94% Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: -0.25in">By:__________________________________<BR>
    Name:<BR>
    Title:</P></TD>
    <TD STYLE="padding: 5.05pt 5.75pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">BUNGE LIMITED FINANCE CORP.<BR>
    <BR>
    <BR>
    </P>
    <P STYLE="font: 10pt/94% Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: -0.25in">By:__________________________________<BR>
    Name:<BR>
    Title:</P>
    <P STYLE="font: 10pt/94% Times New Roman, Times, Serif; margin: 0">&nbsp;</P></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">___________________________</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><U>2</U></TD><TD><FONT STYLE="font-size: 10pt">Consent of the Administrative Agent
                                            and the Borrower is required only with respect to assignments to a Person not then a Lender
                                            or a Lender Affiliate and any assignment of the Commitment to a Person that does not have
                                            a Commitment (except that the consent of the Borrower shall not be required for any assignment
                                            that occurs when an Event of Default shall have occurred and be continuing).</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right">EXHIBIT D-1</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">FORM OF LEGAL OPINION OF REED SMITH LLP</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right">EXHIBIT D-2</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">FORM OF LEGAL OPINION OF CONYERS, DILL &amp; PEARMAN
LIMITED</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right">EXHIBIT E-1</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">FORM OF U.S. TAX COMPLIANCE EXEMPTION CERTIFICATE<BR>
(For Non-U.S. Lenders That Are Not Partnerships For U.S. Federal Income Tax Purposes)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">Reference is made to the Revolving
Credit Agreement, dated as of July 16, 2021 (as amended, supplemented or otherwise modified from time to time, the &#8220;<U>Revolving
Credit Agreement</U>&#8221;) among BUNGE LIMITED FINANCE CORP., a Delaware corporation (the &#8220;<U>Borrower</U>&#8221;), the several
banks and other financial institutions from time to time parties thereto (the &#8220;<U>Lenders</U>&#8221;), and JPMORGAN CHASE BANK,
N.A., as administrative agent for the Lenders hereunder (in such capacity, the &#8220;<U>Administrative Agent</U>&#8221;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">Pursuant to the provisions in subsection
2.14(f) of the Revolving Credit Agreement, the undersigned hereby certifies that (i) it is the sole record and beneficial owner of the
Loan(s) (as well as any Note(s) evidencing such Loan(s)) in respect of which it is providing this certificate, (ii) it is not a bank within
the meaning of Section 881(c)(3)(A) of the Code, (iii) it is not a ten percent shareholder of the Borrower within the meaning of Section
871(h)(3)(B) of the Code and (iv) it is not a controlled foreign corporation related to the Borrower as described in Section 881(c)(3)(C)
of the Code.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">The undersigned has furnished the
Administrative Agent and the Borrower with a certificate of its non-U.S. Person status on IRS Form W-8BEN or W-8BEN-E. By executing this
certificate, the undersigned agrees that (1) if the information provided on this certificate changes, the undersigned shall promptly so
inform the Borrower and the Administrative Agent, and (2) the undersigned shall have at all times furnished the Borrower and the Administrative
Agent with a properly completed and currently effective certificate in either the calendar year in which each payment is to be made to
the undersigned, or in either of the two calendar years preceding such payments.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Unless otherwise defined
herein, terms defined in the Revolving Credit Agreement and used herein shall have the meanings given to them in the Revolving Credit
Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">IN WITNESS WHEREOF, the undersigned has duly executed
this certificate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 25%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="width: 21%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 54%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">[NAME OF NON-U.S. LENDER]</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">By: ________________________</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 39.2pt">Name:</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 39.2pt">Title:</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 25%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="width: 21%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 54%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Date: ___________________________________</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right">EXHIBIT E-2</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">FORM OF U.S. TAX COMPLIANCE EXEMPTION CERTIFICATE</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">(For Foreign Participants That Are Not Partnerships
For U.S. Federal Income Tax Purposes)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">Reference is made to the Revolving
Credit Agreement, dated as of July 16, 2021 (as amended, supplemented or otherwise modified from time to time, the &#8220;<U>Revolving
Credit Agreement</U>&#8221;) among BUNGE LIMITED FINANCE CORP., a Delaware corporation (the &#8220;<U>Borrower</U>&#8221;), the several
banks and other financial institutions from time to time parties thereto (the &#8220;<U>Lenders</U>&#8221;), and JPMORGAN CHASE BANK,
N.A., as administrative agent for the Lenders hereunder (in such capacity, the &#8220;<U>Administrative Agent</U>&#8221;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">Pursuant to the provisions in subsection
2.14(f) of the Revolving Credit Agreement, the undersigned hereby certifies that (i) it is the sole record and beneficial owner of the
participation in respect of which it is providing this certificate, (ii) it is not a bank within the meaning of Section 881(c)(3)(A) of
the Code, (iii) it is not a ten percent shareholder of the Borrower within the meaning of Section 871(h)(3)(B) of the Code, and (iv) it
is not a controlled foreign corporation related to the Borrower as described in Section 881(c)(3)(C) of the Code.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">The undersigned has furnished its
participating Lender with a certificate of its non-U.S. Person status on IRS Form W-8BEN or W-8BEN-E. By executing this certificate, the
undersigned agrees that (1) if the information provided on this certificate changes, the undersigned shall promptly so inform such Lender
in writing, and (2) the undersigned shall have at all times furnished such Lender with a properly completed and currently effective certificate
in either the calendar year in which each payment is to be made to the undersigned, or in either of the two calendar years preceding such
payments.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">Unless otherwise defined herein,
terms defined in the Revolving Credit Agreement and used herein shall have the meanings given to them in the Revolving Credit Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">IN WITNESS WHEREOF, the undersigned has duly executed
this certificate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 25%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="width: 21%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 54%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">[NAME OF PARTICIPANT]</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">By: ________________________</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 39.2pt">Name:</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 39.2pt">Title:</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Date: __________________________________</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<!-- Field: Page; Sequence: 145 -->
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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right">EXHIBIT E-3</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">FORM OF U.S. TAX COMPLIANCE EXEMPTION CERTIFICATE<BR>
(For Foreign Participants That Are Partnerships For U.S. Federal Income Tax Purposes)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">Reference is made to the Revolving
Credit Agreement, dated as of July 16, 2021 (as amended, supplemented or otherwise modified from time to time, the &#8220;<U>Revolving
Credit Agreement</U>&#8221;) among BUNGE LIMITED FINANCE CORP., a Delaware corporation (the &#8220;<U>Borrower</U>&#8221;), the several
banks and other financial institutions from time to time parties thereto (the &#8220;<U>Lenders</U>&#8221;), and JPMORGAN CHASE BANK,
N.A., as administrative agent for the Lenders hereunder (in such capacity, the &#8220;<U>Administrative Agent</U>&#8221;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">Pursuant to the provisions in subsection
2.14(f) of the Revolving Credit Agreement, the undersigned hereby certifies that (i) it is the sole record owner of the participation
in respect of which it is providing this certificate, (ii) its direct or indirect partners/members are the sole beneficial owners of such
participation, (iii) with respect to such participation, neither the undersigned nor any of its direct or indirect partners/members is
a bank extending credit pursuant to a loan agreement entered into in the ordinary course of its trade or business within the meaning of
Section 881(c)(3)(A) of the Code, (iv) none of its direct or indirect partners/members is a ten percent shareholder of the Borrower within
the meaning of Section 871(h)(3)(B) of the Code and (v) none of its direct or indirect partners/members is a controlled foreign corporation
related to the Borrower as described in Section 881(c)(3)(C) of the Code.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">The undersigned has furnished its
participating Lender with IRS Form W-8IMY accompanied by one of the following forms from each of its partners/members that is claiming
the portfolio interest exemption: (i) an IRS Form W-8BEN or W-8BEN-E or (ii) an IRS Form W-8IMY accompanied by an IRS Form W-8BEN or W-8BEN-E
from each of such partner&#8217;s/member&#8217;s beneficial owners that is claiming the portfolio interest exemption. By executing this
certificate, the undersigned agrees that (1) if the information provided on this certificate changes, the undersigned shall promptly so
inform such Lender and (2) the undersigned shall have at all times furnished such Lender with a properly completed and currently effective
certificate in either the calendar year in which each payment is to be made to the undersigned, or in either of the two calendar years
preceding such payments.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Unless otherwise defined
herein, terms defined in the Revolving Credit Agreement and used herein shall have the meanings given to them in the Revolving Credit
Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">IN WITNESS WHEREOF, the undersigned has duly executed
this certificate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 25%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="width: 21%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 54%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">[NAME OF PARTICIPANT]</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">By: ________________________</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 39.2pt">Name:</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 39.2pt">Title:</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Date: ___________________________________</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right">EXHIBIT E-4</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">FORM OF U.S. TAX COMPLIANCE EXEMPTION CERTIFICATE<BR>
(For Non-U.S. Lenders That Are Partnerships For U.S. Federal Income Tax Purposes)<BR>
<BR>
</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">Reference is made to the Revolving
Credit Agreement, dated as of July 16, 2021 (as amended, supplemented or otherwise modified from time to time, the &#8220;<U>Revolving
Credit Agreement</U>&#8221;) among BUNGE LIMITED FINANCE CORP., a Delaware corporation (the &#8220;<U>Borrower</U>&#8221;), the several
banks and other financial institutions from time to time parties thereto (the &#8220;<U>Lenders</U>&#8221;), and JPMORGAN CHASE BANK,
N.A., as administrative agent for the Lenders hereunder (in such capacity, the &#8220;<U>Administrative Agent</U>&#8221;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">Pursuant to the provisions in subsection
2.14(f) of the Revolving Credit Agreement, the undersigned hereby certifies that (i) it is the sole record owner of the Loan(s) (as well
as any Note(s) evidencing such Loan(s)) in respect of which it is providing this certificate, (ii) its direct or indirect partners/members
are the sole beneficial owners of such Loan(s) (as well as any Note(s) evidencing such Loan(s)), (iii) with respect to the extension of
credit pursuant to this Revolving Credit Agreement or any other Loan Document, neither the undersigned nor any of its direct or indirect
partners/members is a bank extending credit pursuant to a loan agreement entered into in the ordinary course of its trade or business
within the meaning of Section 881(c)(3)(A) of the Code, (iv) none of its direct or indirect partners/members is a ten percent shareholder
of the Borrower within the meaning of Section 871(h)(3)(B) of the Code and (v) none of its direct or indirect partners/members is a controlled
foreign corporation related to the Borrower as described in Section 881(c)(3)(C) of the Code.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">The undersigned has furnished the
Administrative Agent and the Borrower with IRS Form W-8IMY accompanied by one of the following forms from each of its partners/members
that is claiming the portfolio interest exemption: (i) an IRS Form W-8BEN or W-8BEN-E or (ii) an IRS Form W-8IMY accompanied by an IRS
Form W-8BEN or W-8BEN-E from each of such partner&#8217;s/member&#8217;s beneficial owners that is claiming the portfolio interest exemption.
By executing this certificate, the undersigned agrees that (1) if the information provided on this certificate changes, the undersigned
shall promptly so inform the Borrower and the Administrative Agent, and (2) the undersigned shall have at all times furnished the Borrower
and the Administrative Agent with a properly completed and currently effective certificate in either the calendar year in which each payment
is to be made to the undersigned, or in either of the two calendar years preceding such payments.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Unless otherwise defined
herein, terms defined in the Revolving Credit Agreement and used herein shall have the meanings given to them in the Revolving Credit
Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">IN WITNESS WHEREOF, the undersigned has duly executed
this certificate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 1in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 25%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="width: 21%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 54%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">[NAME OF NON-U.S. LENDER]</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">By: ________________________</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 39.2pt">Name:</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 39.2pt">Title:</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Date: ___________________________________</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 24pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 24pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 24pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 24pt; text-align: right">EXHIBIT F</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0.25in; text-align: center">FORM OF<BR>
COMMITMENT INCREASE SUPPLEMENT</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">COMMITMENT INCREASE SUPPLEMENT,
dated _________________ (this &#8220;<U>Supplement</U>&#8221;), to the Revolving Credit Agreement, dated as of July 16, 2021 (as amended,
supplemented or otherwise modified from time to time, the &#8220;<U>Agreement</U>&#8221;), among Bunge Limited Finance Corp. (the &#8220;<U>Borrower</U>&#8221;),
the lenders parties thereto (the &#8220;<U>Lenders</U>&#8221;), JPMorgan Chase Bank, N.A., as administrative agent (in such capacity,
the &#8220;<U>Administrative Agent</U>&#8221;) for the Lenders, Citibank, N.A., as syndication agent, BNP Paribas, Co&ouml;peratieve Rabobank
U.A., New York Branch, Mizuho Bank, Ltd., Sumitomo Mitsui Banking Corporation and U.S. Bank National Association, each as documentation
agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">W I T N E S S E T H :</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">WHEREAS, pursuant to <U>Section
2.1(b)(i)</U> of the Agreement, the Borrower has the right, subject to the terms and conditions thereof, to effectuate from time to time
an increase in the aggregate Commitments under the Agreement by requesting one or more Lenders to increase the amount of its Commitment;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">WHEREAS, the Borrower has
given notice to the Administrative Agent of its intention to increase the aggregate Commitments pursuant to such <U>Section 2.1(b)(i)</U>;
and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">WHEREAS, pursuant to <U>Section
2.1(b)(ii)</U> of the Agreement, the undersigned Increasing Lender now desires to increase the amount of its Commitment under the Agreement
by executing and delivering to the Borrower and the Administrative Agent a supplement to the Agreement in substantially the form of this
Supplement;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">NOW THEREFORE, each of the
parties hereto hereby agrees as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
undersigned Increasing Lender agrees, subject to the terms and conditions of the Agreement, that on the date this Supplement is accepted
by the Borrower and acknowledged by the Administrative Agent it shall have its Commitment increased by $______________, thereby making
the amount of its Commitment $______________.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-indent: 0.5in">2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Borrower hereby represents and warrants that each of the representations and warranties made by the Borrower in or pursuant to the Loan
Documents shall be true and correct in all material respects on and as of such date as if made on and as of such date (unless any representations
and warranties expressly relate to an earlier date, in which case they shall have been true and correct in all material respects as of
such earlier date); <U>provided</U> that, the representations and warranties made in Sections 3.1, 3.2, 3.4, 3.5, 3.6, 3.9, 3.13, 3.14
and 3.15 shall be true and correct in all respects on and as of such date as if made on and as of such date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-indent: 0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-indent: 0.5in">3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Guarantor hereby represents and warrants that each of the representations and warranties made by the Guarantor and each of its Subsidiaries
in or pursuant to the Loan Documents shall be true and correct in all material respects on and as of such date as if made on and as of
such date (unless any representations and warranties expressly relate to an earlier date, in which case they shall have been true and
correct in all material respects as of such earlier date); provided that the representations and warranties that are already qualified
by materiality or Material Adverse Effect shall be true and correct in all respects on and as of such date as if made on and as of such
date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Terms
defined in the Agreement shall have their defined meanings when used herein.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This
Supplement shall be governed by, and construed in accordance with, the laws of the State of New York.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">6.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This
Supplement may be executed in any number of counterparts and by different parties hereto in separate counterparts, each of which when
so executed shall be deemed to be an original and all of which taken together shall constitute one and the same document.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">IN WITNESS WHEREOF, each
of the undersigned has caused this Supplement to be executed and delivered by a duly authorized officer on the date first above written.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 2.5in">[INSERT NAME OF INCREASING LENDER],</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 2.5in">as Increasing Lender</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 2.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 2.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 2.75in; text-indent: -0.25in">By: <U>_____________________________________</U><BR>
Name:<BR>
Title:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">Agreed and accepted this ____ day of<BR>
____________, ____.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">BUNGE LIMITED FINANCE CORP., as Borrower</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.25in; text-indent: -0.25in">By:____________________________<BR>
Name:<BR>
Title:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.25in; text-indent: -0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">BUNGE LIMITED, as Guarantor</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.25in; text-indent: -0.25in">By:____________________________<BR>
Name:<BR>
Title:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">Acknowledged this ____ day of<BR>
____________, ____.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">JPMORGAN CHASE BANK, N.A.,<BR>
as Administrative Agent</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.25in; text-indent: -0.25in">By:____________________________<BR>
Name:<BR>
Title:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: right">EXHIBIT G</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">FORM OF<BR>
ADDITIONAL LENDER SUPPLEMENT</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">ADDITIONAL LENDER SUPPLEMENT,
dated _________________ (this &#8220;<U>Supplement</U>&#8221;), to the Revolving Credit Agreement, dated as of July 16, 2021 (as amended,
supplemented or otherwise modified from time to time, the &#8220;<U>Agreement</U>&#8221;), among Bunge Limited Finance Corp. (the &#8220;<U>Borrower</U>&#8221;),
the lenders parties thereto (the &#8220;<U>Lenders</U>&#8221;), JPMorgan Chase Bank, N.A., as administrative agent (in such capacity,
the &#8220;<U>Administrative Agent</U>&#8221;) for the Lenders, Citibank, N.A., as syndication agent, and BNP Paribas, Co&ouml;peratieve
Rabobank U.A., New York Branch, Mizuho Bank, Ltd., Sumitomo Mitsui Banking Corporation and U.S. Bank National Association, each as documentation
agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">W I T N E S S E T H :</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">WHEREAS, the Agreement provides
in <U>Section 2.1(b)(ii)</U> thereof that any financial institution, although not originally a party thereto, may become a party to the
Agreement following consultation by the Borrower with the Administrative Agent, by executing and delivering to the Borrower and the Administrative
Agent a supplement to the Agreement in substantially the form of this Supplement; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">WHEREAS, the undersigned
Additional Lender was not an original party to the Agreement but now desires to become a party thereto as a Lender;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">NOW, THEREFORE, each of the
parties hereto hereby agrees as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
undersigned Additional Lender agrees to be bound by the provisions of the Agreement and agrees that it shall, on the date this Supplement
is accepted by the Borrower and acknowledged by the Administrative Agent, become a Lender for all purposes of the Agreement to the same
extent as if originally a party thereto, with a Commitment of $_______________.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
undersigned Additional Lender (a) represents and warrants that it is legally authorized to enter into this Supplement; (b) confirms that
it has received a copy of the Agreement, together with copies of the most recent financial statements delivered pursuant to Sections 5.1(f)
and (g) thereof, as applicable, and has reviewed such other documents and information as it has deemed appropriate to make its own credit
analysis and decision to enter into this Supplement; (c) agrees that it will, independently and without reliance upon the Administrative
Agent or any other Lender and based on such documents and information as it shall deem appropriate at the time, continue to make its own
credit decisions in taking or not taking action under the Agreement or any other instrument or document furnished pursuant hereto or thereto;
(d) appoints and authorizes the Administrative Agent to take such action as agent on its behalf and to exercise such powers and discretion
under the Agreement or any other instrument or document furnished pursuant hereto or thereto as are delegated to the Administrative Agent
by the terms thereof, together with such powers as are incidental thereto; and (e) agrees that it will be bound by the provisions of the
Agreement and will perform all the obligations which by the terms of the Agreement are required to be performed by it as a Lender.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
undersigned&#8217;s address for notices for the purposes of the Agreement is as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in">[Address]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in">Attention:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in">Tel. No.: ___________</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in">Telecopy: __________</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Borrower hereby represents and warrants that each of the representations and warranties made by the Borrower in or pursuant to the Loan
Documents shall be true and correct in all material respects on and as of such date as if made on and as of such date (unless any representations
and warranties expressly relate to an earlier date, in which case they shall have been true and correct in all material respects as of
such earlier date); <U>provided</U> that, the representations and warranties made in Sections 3.1, 3.2, 3.4, 3.5, 3.6, 3.9, 3.13, 3.14
and 3.15 shall be true and correct in all respects on and as of such date as if made on and as of such date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Guarantor hereby represents and warrants that each of the representations and warranties made by the Guarantor and each of its Subsidiaries
in or pursuant to the Loan Documents shall be true and correct in all material respects on and as of such date as if made on and as of
such date (unless any representations and warranties expressly relate to an earlier date, in which case they shall have been true and
correct in all material respects as of such earlier date); provided that the representations and warranties that are already qualified
by materiality or Material Adverse Effect shall be true and correct in all respects on and as of such date as if made on and as of such
date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">6.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Terms
defined in the Agreement shall have their defined meanings when used herein.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">7.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This
Supplement shall be governed by, and construed in accordance with, the laws of the State of New York.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">8.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This
Supplement may be executed in any number of counterparts and by different parties hereto in separate counterparts, each of which when
so executed shall be deemed to be an original and all of which taken together shall constitute one and the same document.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">IN WITNESS WHEREOF, each
of the undersigned has caused this Supplement to be executed and delivered by a duly authorized officer on the date first above written.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 2.5in">[INSERT NAME OF ADDITIONAL LENDER],</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 2.5in">as Additional Lender</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 2.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 2.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 2.5in"></TD><TD STYLE="width: 0.25in">By:</TD><TD>______________________________________<BR>
Name:<BR>
Title:</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">Agreed and accepted this ____ day of<BR>
____________, ____.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">BUNGE LIMITED FINANCE CORP., as Borrower</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.25in; text-indent: -0.25in">By:____________________________<BR>
Name:<BR>
Title:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.25in; text-indent: -0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">BUNGE LIMITED, as Guarantor</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.25in; text-indent: -0.25in">By:____________________________<BR>
Name:<BR>
Title:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">Acknowledged this ____ day of<BR>
____________, ____.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">JPMORGAN CHASE BANK, N.A.,<BR>
as Administrative Agent</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.25in; text-indent: -0.25in">By:____________________________<BR>
Name:<BR>
Title:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 24pt; text-align: left"></P>

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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.2
<SEQUENCE>6
<FILENAME>ss373914_ex1002.htm
<DESCRIPTION>GUARANTY BY BUNGE LIMITED PURSUANT TO THE JPM CREDIT AGREEMENT
<TEXT>
<HTML>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><B><U>Exhibit 10.2</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>GUARANTY</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">This Guaranty (as amended,
supplemented or otherwise modified in accordance with the terms hereof and in effect from time to time, this &#8220;<U>Guaranty</U>&#8221;)
is made as of the 16<SUP>th</SUP> day of July, 2021 by Bunge Limited, a company incorporated under the laws of Bermuda (together with
any successors or assigns permitted hereunder, &#8220;<U>BL</U>&#8221; or &#8220;<U>Guarantor</U>&#8221;) to JPMorgan Chase Bank, N.A.
in its capacity as the administrative agent (together with its successors and assigns, the &#8220;<U>Administrative Agent</U>&#8221;)
under the Revolving Credit Agreement, dated as of July 16, 2021 (as amended, supplemented or otherwise modified from time to time in accordance
with the terms thereof, the &#8220;<U>Credit Agreement</U>&#8221;), among Bunge Limited Finance Corp., a Delaware corporation (&#8220;<U>BLFC</U>&#8221;),
the Administrative Agent and the financial institutions from time to time party thereto (each a &#8220;<U>Lender</U>&#8221; and collectively,
the &#8220;<U>Lenders</U>&#8221;), for the benefit of the Lenders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>WITNESSETH:</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">WHEREAS, pursuant to the
Credit Agreement the Lenders have agreed to make revolving loans denominated in Dollars and Euros (the &#8220;<U>Loans</U>&#8221;) to
BLFC from time to time;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">WHEREAS, the execution and
delivery of this Guaranty is a condition precedent to the effectiveness of the Credit Agreement;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">NOW, THEREFORE, in consideration
of the premises and the mutual covenants contained herein, the parties hereby agree as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Section 1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#9;<U>Definitions</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;For
all purposes of this Guaranty, except as otherwise expressly provided in Annex A hereto or unless the context otherwise requires, capitalized
terms used herein shall have the meanings assigned to such terms in the Credit Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Notwithstanding
any other provision contained herein or in the other Loan Documents, all terms of an accounting or financial nature used herein and in
the other Loan Documents shall be construed, and all computations of amounts and ratios referred to herein and in the other Loan Documents
shall be made, and prepared:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;in
accordance with GAAP (including principles of consolidation where appropriate), and all accounting or financial terms shall have the meanings
ascribed to such terms by GAAP; provided, however, that all accounting terms used in <U>Section 8.2</U> below (and all defined terms used
in the definition of any accounting term used in <U>Section 8.2</U> below) shall have the meaning given to such terms (and defined terms)
under GAAP as in effect on the date hereof applied on a basis consistent with those used in preparing the financial statements referred
to in <U>Section 7(a)</U> below. In the event of any change after the date hereof in GAAP, and if such change would affect the computation
of any of the financial covenants set forth in <U>Section 8.2</U> below, then the parties hereto agree to endeavor, in good faith, to
agree upon an amendment to this Guaranty that would adjust such financial covenants in a manner that would preserve the original intent
thereof, but would allow compliance therewith to be determined in accordance with the Guarantor&#8217;s financial statements at that time,
provided that, until so amended such financial covenants shall continue to be computed in accordance with GAAP prior to such change therein;
and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;without
giving effect to any election under Statement of Financial Accounting Standards 159 (or any other Financial Accounting Standard having
a similar result or effect) to value any Indebtedness or other liabilities of BLFC, the Guarantor or any of their Subsidiaries at &#8220;fair
value&#8221;, as defined therein.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">Notwithstanding any other
provision contained herein, all obligations of the Guarantor, BLFC and any of their respective Subsidiaries that are or would be characterized
as an operating lease as determined in accordance with GAAP as in effect on December 14, 2018 (whether or not such operating lease was
in effect on such date) shall continue to be accounted for as an operating lease (and not as a capital lease) for purposes of the Loan
Documents regardless of any change in GAAP following December 14, 2018 (or any change in the implementation in GAAP for future periods
that are contemplated as of December 14, 2018) that would otherwise require such obligation to be re&#45;characterized as a capital lease
and the Guarantor, BLFC and their respective Subsidiaries shall continue to provide financial reporting which differentiates between operating
leases and capital leases in accordance with GAAP as in effect on December 14, 2018.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Section 2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#9;<U>Guaranty</U>.&nbsp;&nbsp;Subject to the terms and conditions of this Guaranty, the Guarantor hereby unconditionally and irrevocably guarantees (collectively, the
&#8220;<U>Guaranty Obligations</U>&#8221;) the prompt and punctual payment of all Obligations due and owing (whether at the stated maturity,
by acceleration or otherwise) under the Credit Agreement and the other Loan Documents whether direct or indirect, absolute or contingent,
due or to become due, or now existing or hereafter incurred.&nbsp;&nbsp;This Guaranty is a guaranty of payment and not of collection.&nbsp;&nbsp;All payments
by the Guarantor under this Guaranty shall be made in Euros (if made with respect to principal of and interest on Loans denominated in
Euros) or Dollars (if made with respect to any other amount) and (i) with respect to Loans, shall be made to the Administrative Agent
for disbursement pro rata (determined at the time such payment is sought) to the Lenders in accordance with their respective Aggregate
Exposure Percentage, (ii) with respect to fees, expenses and indemnifications owed to the Lenders, shall be made to the Administrative
Agent for disbursement pro rata (determined at the time such payment is sought) to the Lenders in accordance with their respective Aggregate
Exposure Percentages (except as otherwise provided in the Credit Agreement with respect to Defaulting Lenders) and (iii) with respect
to fees, expenses and indemnifications owed to the Administrative Agent in its capacity as such, shall be made to the Administrative Agent.&nbsp;&nbsp;This Guaranty shall remain in full force and effect until the Guaranty Obligations are paid in full and the Commitments are terminated,
notwithstanding that from time to time prior thereto BLFC may be free from any payment obligations under the Loan Documents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Section 3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#9;<U>Guaranty
Absolute</U>.&nbsp;&nbsp;The Guarantor guarantees that the Guaranty Obligations will be paid, regardless of any applicable law, regulation or order
now or hereinafter in effect in any jurisdiction affecting any of such terms or the rights of the Administrative Agent or any Lender with
respect thereto.&nbsp;&nbsp;The liability of the Guarantor under this Guaranty shall be absolute and unconditional irrespective of:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Any
lack of validity or enforceability of or defect or deficiency in the Credit Agreement, any Transaction Document or any Loan Document or
any other agreement or instrument executed in connection with or pursuant thereto;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Any
change in the time, manner, terms or place of payment of, or in any other term of, all or any of the Guaranty Obligations, or any other
amendment or waiver of or any consent to departure from the Credit Agreement, any Transaction Document or any Loan Document or any other
agreement or instrument relating thereto or executed in connection therewith or pursuant thereto;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Any
sale, exchange or non-perfection of any property standing as security for the liabilities hereby guaranteed or any liabilities incurred
directly or indirectly hereunder or any setoff against any of said liabilities, or any release or amendment or waiver of or consent to
departure from any other guaranty, for all or any of the Guaranty Obligations;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
failure of the Administrative Agent or a Lender to assert any claim or demand or to enforce any right or remedy against BLFC or any other
Person hereunder or under the Credit Agreement or any Transaction Document or any Loan Document;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Any
failure by BLFC in the performance of any obligation with respect to the Credit Agreement or any other Loan Document;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Any
change in the corporate existence, structure or ownership of BLFC, or any insolvency, bankruptcy, reorganization or other similar proceeding
affecting BLFC or its assets or resulting release or discharge of any of the Guaranty Obligations;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Any
other circumstance which might otherwise constitute a defense available to, or a discharge of, the Guarantor, BLFC or any other Person
(including any other guarantor) that is a party to any document or instrument executed in respect of the Guaranty Obligations;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Any
limitation of BLFC&#8217;s obligations pursuant to subsection <U>8.16(b)</U> of the Credit Agreement; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Any
law, regulation, decree or order of any jurisdiction, or any other event, affecting any term of any Guaranty Obligations or the Administrative
Agent&#8217;s or the Lenders&#8217; rights with respect thereto, including, without limitation:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify">(A) the application of any such law, regulation,
decree or order, including any prior approval, which would prevent the exchange of a currency other than Dollars for Dollars or the remittance
of funds outside of such jurisdiction or the unavailability of Dollars in any legal exchange market in such jurisdiction in accordance
with normal commercial practice; or (B) a declaration of banking moratorium or any suspension of payments by banks in such jurisdiction
or the imposition by such jurisdiction or any Governmental Authority thereof of any moratorium on, the required rescheduling or restructuring
of, or required approval of payments on, any indebtedness in such jurisdiction; or (C) any expropriation, confiscation, nationalization
or requisition by such country or any Governmental Authority that directly or indirectly deprives BLFC of any assets or their use or of
the ability to operate its business or a material part thereof; or (D) any war (whether or not declared), insurrection, revolution, hostile
act, civil strife or similar events occurring in such jurisdiction which has the same effect as the events described in clause (A), (B)
or (C) above (in each of the cases contemplated in clauses (A) through (D) above, to the extent occurring or existing on or at any time
after the date of this Guaranty).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">The obligations of the Guarantor
under this Guaranty shall not be affected by the amount of credit extended to BLFC, any repayment by BLFC to the Administrative Agent
or the Lenders (in each case, other than the full and final payment of all of the Guaranty Obligations), the allocation by the Administrative
Agent or the Lenders of any repayment, any compromise or discharge of the Guaranty Obligations, any application, release or substitution
of collateral or other security therefor, the release of any guarantor, surety or other Person obligated in connection with any document
or instrument executed in respect of the Guaranty Obligations, or any further advances to BLFC.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Section 4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#9;<U>Waiver</U>.&nbsp;&nbsp;The Guarantor hereby waives (a) promptness, diligence, notice of acceptance, presentment, demand, protest, notice of protest and dishonor,
notice of default, notice of intent to accelerate, notice of acceleration and any other notice with respect to any of the Guaranty Obligations
and this Guaranty, (b) any requirement that the Administrative Agent or the Lenders protect, secure, perfect or insure any security interest
or Lien on any property subject thereto or exhaust any right or take any action against BLFC or any other Person or entity or any collateral
or that BLFC or any other Person or entity be joined in any action hereunder, (c) the defense of the statute of limitations in any action
under this Guaranty or for the collection or performance of the Guaranty Obligations, (d) any defense arising by reason of any lack of
corporate authority, (e) any defense based upon any guaranteed party&#8217;s errors or omissions in the administration of the Guaranty
Obligations except to the extent that any error or omission is caused by such guaranteed party&#8217;s bad faith, gross negligence or
willful misconduct (as finally determined by a court of competent jurisdiction), (f) any rights to set-offs and counterclaims and (g)
any defense based upon an election of remedies which destroys or impairs the subrogation rights of the Guarantor or the right of the Guarantor
to proceed against BLFC or any other obligor of the Guaranty Obligations for reimbursement.&nbsp;&nbsp;All dealings between BLFC or the Guarantor,
on the one hand, and the Administrative Agent and the Lenders, on the other hand, shall likewise be conclusively presumed to have been
had or consummated in reliance upon this Guaranty.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">Should the Administrative Agent seek to enforce the obligations of the Guarantor hereunder
by action in any court, the Guarantor waives any necessity, substantive or procedural, that a judgment previously be rendered against
BLFC or any other Person, or that any action be brought against BLFC or any other Person, or that BLFC or any other Person should be joined
in such cause.&nbsp;&nbsp;Such waiver shall be without prejudice to the Administrative Agent at its option to proceed against BLFC or any other Person,
whether by separate action or by joinder.&nbsp;&nbsp;The Guarantor further expressly waives each and every right to which it may be entitled by virtue
of the suretyship law of the State of New York or any other applicable jurisdiction.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Section 5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#9;<U>Several
Obligations; Continuing Guaranty</U>.&nbsp;&nbsp;The obligations of the Guarantor hereunder are separate and apart from BLFC or any other Person
(other than the Guarantor), and are primary obligations concerning which the Guarantor is the principal obligor.&nbsp;&nbsp;The Guarantor agrees
that this Guaranty shall not be discharged except by payment in full of the Guaranty Obligations, termination of the Commitments and complete
performance of the obligations of the Guarantor hereunder.&nbsp;&nbsp;The obligations of the Guarantor hereunder shall not be affected in any way
by the release or discharge of BLFC from the performance of any of the Guaranty Obligations, whether occurring by reason of law or any
other cause, whether similar or dissimilar to the foregoing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Section 6.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#9;<U>Subrogation
Rights</U>.&nbsp;&nbsp;If any amount shall be paid to the Guarantor on account of subrogation rights at any time when all the Guaranty Obligations
shall not have been paid in full, such amount shall be held in trust for the benefit of the Administrative Agent and shall forthwith be
paid to the Administrative Agent to be applied to the Guaranty Obligations as specified in the Loan Documents.&nbsp;&nbsp;If (a) the Guarantor makes
a payment to the Administrative Agent of all or any part of the Guaranty Obligations and (b) all the Guaranty Obligations have been paid
in full and the Commitments have terminated, the Administrative Agent will, at the Guarantor&#8217;s request, execute and deliver to the
Guarantor appropriate documents, without recourse and without representation or warranty of any kind whatsoever, necessary to evidence
the transfer by subrogation to the Guarantor of any interest in the Guaranty Obligations resulting from such payment by the Guarantor.&nbsp;&nbsp;The Guarantor hereby agrees that it shall have no rights of subrogation with respect to amounts due to the Administrative Agent or the
Lenders until such time as all obligations of BLFC to the Lenders and the Administrative Agent have been paid in full, the Commitments
have been terminated and the Credit Agreement has been terminated.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Section 7.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#9;<U>Representations
and Warranties</U>.&nbsp;&nbsp;The Guarantor hereby represents and warrants as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Financial
Condition</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
consolidated balance sheet of the Guarantor and its consolidated Subsidiaries as at December 31, 2020 and the related consolidated statements
of income for the fiscal year ended on such date, reported on by the Guarantor&#8217;s independent public accountants, copies of which
have heretofore been furnished to the Administrative Agent, are complete and correct, in all material respects, and present fairly the
financial condition of the Guarantor and its consolidated Subsidiaries as at such date, and the results of operations for the fiscal year
then ended.&nbsp;&nbsp;Such financial statements, including any related schedules and notes thereto, have been prepared in accordance with GAAP applied
consistently throughout the periods involved (except as approved by the external auditors and as disclosed therein, if any).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Except
as disclosed in Schedule V attached hereto, neither the Guarantor nor its consolidated Subsidiaries had, at the date of the most recent
balance sheet referred to above, any material guarantee obligation, contingent liability (as defined in accordance with GAAP), or any
long-term lease or unusual forward or long-term commitment, including, without limitation, any interest rate or foreign currency swap
or exchange transaction, which is not reflected in the foregoing statements or in the notes thereto, except for guarantees, indemnities
or similar obligations of the Guarantor or a consolidated Subsidiary supporting obligations of one Subsidiary to another Subsidiary.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;During
the period from December 31, 2020 to and including the date hereof, except as disclosed in Schedule V attached hereto, neither the Guarantor
nor its consolidated Subsidiaries has sold, transferred or otherwise disposed of any material part of its business or property, nor has
it purchased or otherwise acquired any business or property (including any capital stock of any other Person) material in relation to
the consolidated financial condition of the Guarantor and its consolidated Subsidiaries at December 31, 2020.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Change</U>.&nbsp;&nbsp;Since December 31, 2020, except as disclosed in Schedule I hereof, there has been no development or event which has had or
could, in the Guarantor&#8217;s good faith reasonable judgment, reasonably be expected to have a Material Adverse Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Corporate
Existence; Compliance with Law</U>.&nbsp;&nbsp;The Guarantor and each of its Subsidiaries (i) is duly organized and validly existing under the laws
of the jurisdiction of its incorporation, (ii) has the corporate power and authority, and the legal right, to own and operate its property,
to lease the property it operates as lessee and to conduct the business in which it is currently engaged, (iii) is duly qualified under
the laws of each jurisdiction where its ownership, lease or operation of property or the conduct of its business requires such qualification,
except where the failure to be so duly qualified could not reasonably be expected to have a Material Adverse Effect and (iv) is in compliance
with all Requirements of Law and Contractual Obligations, except any non-compliance which could not reasonably be expected to have a Material
Adverse Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Corporate
Power; Authorization; Enforceable Obligations</U>.&nbsp;&nbsp;The Guarantor and each of its Subsidiaries has the corporate power and authority, and
the legal right, to make, deliver and perform this Guaranty and each of the other Loan Documents and Transaction Documents to which such
Person is a party and to borrow thereunder and has taken all necessary corporate action to authorize (i) the borrowings on the terms and
conditions of the Loan Documents and Transaction Documents to which such Person is a party, (ii) the execution, delivery and performance
of this Guaranty and each of the other Loan Documents and Transaction Documents to which such Person is a party and (iii) the remittance
of payments in the applicable currency of all amounts payable hereunder and thereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify">No consent or authorization of, filing with, notice
to or other act by or in respect of, any Governmental Authority or any other Person is required in connection with the borrowings under
the Loan Documents or Transaction Documents, the remittance of payments in the applicable currency in accordance with the terms hereof
and thereof or with the execution, delivery, performance, validity or enforceability of this Guaranty and each of the other Loan Documents
and Transaction Documents.&nbsp;&nbsp;This Guaranty and each of the other Loan Documents and Transaction Documents to which the Guarantor and/or
any of its Subsidiaries are a party have been duly executed and delivered on behalf of the Guarantor and each of such Subsidiaries.&nbsp;&nbsp;Each
of this Guaranty and each of the other Loan Documents and Transaction Documents to which the Guarantor and/or any of its Subsidiaries
are a party constitutes a legal, valid and binding obligation of the Guarantor and each of such Subsidiaries enforceable against the Guarantor
and each of such Subsidiaries in accordance with its terms, except as enforceability may be limited by applicable bankruptcy, insolvency,
reorganization, moratorium or similar laws affecting the enforcement of creditors&#8217; rights generally and by general equitable principles
(whether enforcement is sought by proceedings in equity or law).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Legal Bar</U>.&nbsp;&nbsp;The execution, delivery and performance by the Guarantor of this Guaranty, and by it and each of its Subsidiaries of the
other Loan Documents and Transaction Documents to which each such entity is a party, the borrowings thereunder and the use of the proceeds
thereof will not violate any Requirement of Law or Contractual Obligation to which the Guarantor or any of its Subsidiaries are a party
or by which it or they are bound and will not result in, or require, the creation or imposition of any Lien on any of the properties or
revenues of any of the Guarantor or its Subsidiaries pursuant to any such Requirement of Law or Contractual Obligation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Material Litigation</U>.&nbsp;&nbsp;Except as disclosed in Schedule VI attached hereto, no litigation, investigation or proceeding of or before any
arbitrator or Governmental Authority is pending or, to the knowledge of the Guarantor, threatened by or against the Guarantor or any of
its Subsidiaries or against any of their respective properties or revenues (a) with respect to this Guaranty or the other Loan Documents
or Transaction Documents or any of the transactions contemplated hereby or thereby or (b) which could reasonably be expected to have a
Material Adverse Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Ownership
of Property; Liens</U>.&nbsp;&nbsp;The Guarantor and each of its Subsidiaries has good record and marketable title in fee simple to, or a valid leasehold
interest in, all its material real property, and good title to, or a valid leasehold interest in, all its other material property except
for defects in title which would not have a Material Adverse Effect, and none of the property is subject to any Lien that secures Secured
Indebtedness, other than a Lien that secures Permitted Secured Indebtedness or any other Secured Indebtedness permitted under <U>Section
8.2(a)(iii)</U> of this Guaranty.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Environmental
Matters</U>.&nbsp;&nbsp;The Guarantor and its Subsidiaries have obtained all permits, licenses and other authorizations that are necessary to operate
their respective business and required under all applicable Environmental Laws, except where the failure to do so would not reasonably
be expected to have a Material Adverse Effect.&nbsp;&nbsp;Except as set forth on Schedule II attached hereto, (i) Hazardous Materials have not at
any time been generated, used, treated or stored on, released or disposed of on, or transported to or from, any property owned, leased,
used, operated or occupied by the Guarantor or any of its Subsidiaries or, to the best of the Guarantor&#8217;s knowledge, any property
adjoining or in the vicinity of any such property except in compliance with all applicable Environmental Laws other than where the failure
to do so would not reasonably be expected to have a Material Adverse Effect and (ii) there are no past, pending or threatened (in writing)
Environmental Claims against the Guarantor or any of its Subsidiaries or any property owned, leased, used, operated or occupied by the
Guarantor or any of its Subsidiaries that individually or in the aggregate would reasonably be expected to have a Material Adverse Effect.&nbsp;&nbsp;The operations of the Guarantor and its Subsidiaries are in compliance in all material respects with all terms and conditions of the required
permits, licenses, certificates, registrations and authorizations, and are also in compliance in all material respects with all other
limitations, restrictions, conditions, standards, prohibitions, requirements, obligations, schedules and timetables contained in the Environmental
Laws, except where the failure to do so would not reasonably be expected to have a Material Adverse Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Default</U>.&nbsp;&nbsp;Except with respect to the Indebtedness set forth on Schedule III attached hereto, neither the Guarantor nor any of its Subsidiaries
is in default under or with respect to any agreement, instrument or undertaking to which it is a party or by which it is bound in any
respect which could reasonably be expected to have a Material Adverse Effect.&nbsp;&nbsp;No Series 2002-1 Early Amortization Event, Potential Series
2002-1 Early Amortization Event, Event of Default or Default has occurred and is continuing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(j)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Taxes</U>.&nbsp;&nbsp;Under the laws of Bermuda, the execution, delivery and performance by the Guarantor of this Guaranty and by it and each of its Subsidiaries
(as the case may be) of the other Loan Documents and Transaction Documents to which they are a party and all payments of principal, interest,
fees and other amounts hereunder and thereunder are exempt from all income or withholding taxes, stamp taxes, charges or contributions
of Bermuda or any political subdivision or taxing authority thereof, irrespective of the fact that the Administrative Agent or any of
the Lenders may have a representative office or subsidiary in Bermuda.&nbsp;&nbsp;Except as otherwise provided herein or therein, the Guarantor is
validly obligated to make all payments due under this Guaranty free and clear of any such tax, withholding or charge so that the Administrative
Agent and the Lenders shall receive the amounts due as if no such tax, withholding or charge had been imposed.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(k)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Pari
Passu Status</U>.&nbsp;&nbsp;The obligations of the Guarantor hereunder constitute direct, general obligations of the Guarantor and rank at least
pari passu (in priority of payment) with all other unsecured, unsubordinated Indebtedness (other than any such Indebtedness that is preferred
by mandatory provisions of law) of the Guarantor.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(l)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Purpose
of Loans</U>.&nbsp;&nbsp;The proceeds of the Loans under the Credit Agreement shall be used by BLFC solely to either (i) make advances under the
Series 2002-1 VFC, (ii) repay Permitted Indebtedness outstanding from time to time or (iii) pay expenses incurred in connection with the
Credit Agreement and any Pari Passu Indebtedness.&nbsp;&nbsp;Notwithstanding the foregoing, any other use of the proceeds of the Loans under the
Credit Agreement shall not affect the obligations of the Guarantor hereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(m)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Information</U>.&nbsp;&nbsp;All information (including, with respect to the Guarantor, without limitation, the financial statements required to be delivered pursuant
hereto), which has been made available to the Administrative Agent or any Lender by or on behalf of the Guarantor in connection with the
transactions contemplated hereby and the other Loan Documents and Transaction Documents is complete and correct in all material respects
and does not contain any untrue statement of a material fact or omit to state a material fact necessary in order to make the statements
contained therein not materially misleading in light of the circumstances under which such statements were made; <U>provided</U>, that,
with respect to projected financial information provided by or on behalf of the Guarantor, the Guarantor represents only that such information
was prepared in good faith by management of the Guarantor on the basis of assumptions believed by such management to be reasonable as
of the time made.&nbsp;&nbsp;As of the date hereof, the information included in the Beneficial Ownership Certification of BLFC is true and correct.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(n)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Designated
Obligors</U>.&nbsp;&nbsp;On the date hereof, BL directly or indirectly owns the percentage of the voting stock of each Designated Obligor (other
than BL) set forth on Schedule IV attached hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(o)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Restrictions
on Designated Obligors</U>.&nbsp;&nbsp;There is no legal or regulatory restriction on the ability of any Designated Obligor to pay dividends to the
Guarantor out of earnings at such times as such Designated Obligor is not deemed to be insolvent pursuant to the laws of its jurisdiction
of incorporation nor any legal or regulatory restriction preventing the Guarantor from converting such dividend payments to Dollars or
Euros.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(p)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Federal
Regulations</U>.&nbsp;&nbsp;No part of the proceeds of any advances under the Investor Certificates will be used for &#8220;purchasing&#8221; or
&#8220;carrying&#8221; any &#8220;margin stock&#8221; within the respective meanings of each of the quoted terms under Regulation U of
the Board of Governors of the Federal Reserve System of the United States as now and from time to time hereafter in effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(q)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Investment
Company Act</U>.&nbsp;&nbsp;The Guarantor is not an &#8220;investment company&#8221;, or a company &#8220;controlled&#8221; by an &#8220;investment
company&#8221;, within the meaning of the Investment Company Act of 1940, as amended.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(r)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Solvency</U>.&nbsp;&nbsp;The Guarantor is, individually and together with its Subsidiaries, Solvent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(s)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Consideration</U>.&nbsp;&nbsp;The Guarantor has received, or will receive, direct or indirect benefit from the making of this Guaranty.&nbsp;&nbsp;The Guarantor has, independently
and without reliance upon the Administrative Agent or any Lender and based on such documents and information it has deemed appropriate,
made its own credit analysis and decision to enter into this Guaranty.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(t)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Sanctions</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To
the best of the knowledge of the Responsible Officers of the Guarantor, the Guarantor and its Subsidiaries are, to the extent applicable,
in compliance in all material respects with Sanctions and Anti-Corruption Laws.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To
the best of the knowledge of the Responsible Officers of the Guarantor, the Guarantor is not, and no Subsidiary and no director or senior
officer of the Guarantor or any Subsidiary, is any of the following:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 153pt"></TD><TD STYLE="width: 36pt">(a)</TD><TD STYLE="text-align: justify">a Restricted Party;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 153pt"></TD><TD STYLE="width: 36pt">(b)</TD><TD STYLE="text-align: justify">a Person owned 50% or more or controlled by, or acting on behalf of, any Restricted Party or Restricted
Parties; or</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 153pt"></TD><TD STYLE="width: 36pt">(c)</TD><TD STYLE="text-align: justify">a Person that commits, threatens or conspires to commit or support &#8220;terrorism&#8221; as defined
in the Executive Order.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Guarantor has implemented and maintains in effect policies and procedures designed to promote and achieve continued compliance by the
Guarantor, its Subsidiaries and their respective directors, officers and employees with applicable Anti-Corruption Laws and Sanctions.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">The foregoing representations
in this <U>Section 7(t)</U> will not apply to any party hereto to which Council Regulation (EC) 2271/96 (the &#8220;<U>Blocking Regulation</U>&#8221;)
applies, if and to the extent that such representations are or would be unenforceable by or in respect of that party pursuant to, or would
otherwise result in a breach and/or violation of, (i) any provision of the Blocking Regulation (or any law or regulation implementing
the Blocking Regulation in any member state of the European Union) or (ii) any similar blocking or anti-boycott law in the United Kingdom.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(u)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Financial
Institution</U>.&nbsp;&nbsp;Neither the Guarantor nor any of its Subsidiaries is an EEA Financial Institution or a UK Financial Institution.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">The Guarantor agrees that the foregoing representations
and warranties shall be deemed to have been made by the Guarantor on the date hereof and the date of each borrowing by BLFC under the
Credit Agreement, on and as of all such dates.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Section 8.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#9;<U>Covenants</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">8.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Affirmative
Covenants</U>.&nbsp;&nbsp;The Guarantor hereby agrees that, so long as (i) any Loan remains outstanding and unpaid or any other amount is owing to
the Administrative Agent or any Lender under the Credit Agreement or (ii) the Commitments have not been terminated:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Financial
Statements</U>.&nbsp;&nbsp;The Guarantor shall furnish to the Administrative Agent (who shall furnish a copy to each Lender):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;promptly
after each annual meeting of the Guarantor, but in any event within one hundred and twenty (120) days after the end of each fiscal year
of the Guarantor, a copy of the audited consolidated balance sheet of the Guarantor and its consolidated Subsidiaries at the end of such
year and related audited consolidated statements of income and retained earnings and of cash flows for such year, setting forth in each
case in comparative form the figures for the previous year, certified by independent public accountants reasonably acceptable to the Administrative
Agent;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;as
soon as available, but in any event not later than sixty (60) days after the end of each of the first three quarters of each fiscal year
of the Guarantor, the unaudited consolidated balance sheet of the Guarantor as at the end of such quarter and the related unaudited consolidated
statement of income for such quarter and the portion of the fiscal year through the end of such quarter, setting forth in each case in
comparative form the figures for the previous year, each in the form reasonably acceptable to the Administrative Agent, certified by the
chief financial officer of the Guarantor; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;such
additional financial and other information as the Administrative Agent (at the request of any Lender or otherwise) may from time to time
reasonably request;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">all such financial statements furnished under
clause (i) above to be complete and correct in all material respects and prepared in reasonable detail in accordance with GAAP applied
consistently throughout the periods reflected therein and with prior periods (except as approved by such accountants or officer, as the
case may be, and disclosed therein); <U>provided</U>, <U>however</U>, that the Guarantor shall not be required to deliver the financial
statements described under clauses (i) and (ii) above if such statements are available within the time period required by applicable Requirements
of Law on EDGAR or from other public sources.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Quarterly
Compliance Certificates</U>.&nbsp;&nbsp;The Guarantor shall, within sixty (60) days after the end of each of the first three fiscal quarters of each
fiscal year and one hundred and twenty (120) days after the end of each fiscal year, furnish to the Administrative Agent its certificate
signed by its chief financial officer, treasurer or controller stating that, to the best of such officer&#8217;s knowledge, during such
period each of the Guarantor and BLFC has observed or performed all of its covenants and other agreements, and satisfied every condition
contained in this Guaranty and the other Loan Documents and Transaction Documents and any other related documents to be observed, performed
or satisfied by each of them, and that such officer has obtained no knowledge of any Series 2002-1 Early Amortization Event, Potential
Series 2002-1 Early Amortization Event, Event of Default or Default except as specified in such certificate and showing in reasonable
detail the calculations evidencing compliance with the covenants in subsection 8.2(a).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Conduct
of Business and Maintenance of Existence</U>.&nbsp;&nbsp;The Guarantor shall, and shall cause each of the Designated Obligors to:&nbsp;&nbsp;(i) except as permitted
by <U>subsection 8.2(b)</U>, preserve, renew and keep in full force and effect its corporate existence; and (ii) take all reasonable action
to maintain all rights, privileges and franchises necessary or desirable in the normal conduct of its business, except where the failure
to maintain the same would not have a Material Adverse Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Compliance
with Laws and Contractual Obligations; Authorization</U>.&nbsp;&nbsp;The Guarantor shall, and shall cause each of its Subsidiaries to, comply in
all respects with all Requirements of Law and Contractual Obligations, except where failure to so comply would not have a Material Adverse
Effect, and the Guarantor shall obtain, comply with the terms of and do all that is necessary to maintain in full force and effect all
authorizations, approvals, licenses and consents required in or by any applicable laws and regulations to enable it lawfully to enter
into and perform its obligations under this Guaranty or to ensure the legality, validity, enforceability or admissibility in evidence
of this Guaranty and the other Loan Documents and Transaction Documents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Maintenance
of Property; Insurance</U>.&nbsp;&nbsp;The Guarantor shall, and shall cause each of its Subsidiaries to, keep all property useful and necessary in
its business in good working order and condition, except where failure to do so would not have a Material Adverse Effect; and maintain
with financially sound and reputable insurance companies insurance on all its property in at least such amounts and against at least such
risks as are customary for the Guarantor&#8217;s type of business.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Inspection
of Property; Books and Records</U>.&nbsp;&nbsp;The Guarantor shall, and shall cause each of the Designated Obligors to, keep proper books of records
and account in which full, true and correct entries in conformity with GAAP and all Requirements of Law shall be made of all dealings
and transactions in relation to its business and activities; and permit representatives of the Administrative Agent and each Lender to
visit and inspect any of its properties and examine and make abstracts from any of its books and records at any time and as often as may
reasonably be desired, provided that the Administrative Agent and each Lender has given reasonable prior written notice and the Administrative
Agent and each Lender has executed a confidentiality agreement reasonably satisfactory to the Guarantor.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Notices</U>.&nbsp;&nbsp;The Guarantor shall give notice to the Administrative Agent promptly after becoming aware of the same, of (i) the occurrence of any Series
2002-1 Early Amortization Event, Potential Series 2002-1 Early Amortization Event, Event of Default or Default, including any steps taken
to remedy or mitigate the effect of such default; (ii) any changes in taxes, duties or other fees of Bermuda or any political subdivision
or taxing authority thereof or any change in any laws of Bermuda, in each case, that may affect any payment due under this Guaranty or
the other Loan Documents and Transaction Documents; (iii) any change in the Guarantor&#8217;s, BLFC&#8217;s or the Master Trust&#8217;s
public or private rating by S&amp;P or Moody&#8217;s; (iv) any development or event which has had, or which the Guarantor in its good
faith judgment believes will have, a Material Adverse Effect; and (v) any change in the information provided in the Beneficial Ownership
Certification of BLFC provided to the Administrative Agent or any Lender that would result in a change to the list of beneficial owners
identified in parts (c) or (d) of such certification.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Pari
Passu Obligations</U>.&nbsp;&nbsp;The Guarantor shall ensure that its obligations hereunder at all times constitute direct, general obligations of
the Guarantor ranking at least pari passu in right of payment with all other unsecured, unsubordinated Indebtedness (other than Indebtedness
that is preferred by mandatory provisions of law) of the Guarantor.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Maintenance
of Designated Obligors</U>.&nbsp;&nbsp;The Guarantor will not and will not permit any of its Subsidiaries directly or indirectly to convey, sell,
transfer or otherwise dispose of, or grant any Person an option to acquire, in one transaction or a series of transactions more than 50%
of the voting stock of a Designated Obligor (other than BL) unless such conveyance, sale, transfer or disposition does not cause a Series
2002-1 Early Amortization Event, Potential Series 2002-1 Early Amortization Event, Event of Default or Default and either (i) such conveyance,
sale, transfer or disposition is among the Guarantor and its Subsidiaries or (ii) (A) the Guarantor or such Subsidiary uses the net proceeds
of such stock conveyance, sale, transfer or disposition to repay in full the aggregate principal and interest due and owing with respect
to all Intercompany Loans outstanding as to which the Designated Obligor is the Obligor and (B) to the extent such net proceeds exceed
the amounts required to be paid pursuant to clause (A), the Guarantor or such Subsidiary either (1) reinvests or enters into a contract
to reinvest all such excess net proceeds in productive replacement fixed assets of a kind then used or usable in the business of the Guarantor
or any of its Subsidiaries or (2) uses such excess net proceeds to make payments on the Guarantor&#8217;s or its Subsidiaries&#8217; other
Indebtedness.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(j)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Payment
of Taxes</U>.&nbsp;&nbsp;The Guarantor shall pay, discharge or otherwise satisfy at or before maturity or before they become delinquent, as the case
may be, all taxes, assessments and similar governmental charges imposed on it, its incomes, profits or properties, except where (i) the
amount or validity thereof is currently being contested in good faith by appropriate proceedings and reserves to the extent required by
GAAP with respect thereto have been provided on the books of the Guarantor or (ii) the nonpayment of all such taxes, assessments and charges
in the aggregate would not reasonably be expected to have a Material Adverse Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(k)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Environmental
Laws</U>.&nbsp;&nbsp;Unless, in the good faith judgment of the Guarantor, the failure to do so would not reasonably be expected to have a Material
Adverse Effect, the Guarantor will comply in all material respects, and cause each of its Subsidiaries to comply in all material respects,
with the requirements of all applicable Environmental Laws and will immediately pay or cause to be paid all costs and expenses incurred
in such compliance, except such costs and expenses which are being contested in good faith by appropriate proceedings if the Guarantor
or such Subsidiary, as applicable, is maintaining adequate reserves (in the good faith judgment of the management of the Guarantor) with
respect thereto in accordance with GAAP.&nbsp;&nbsp;Unless the failure to do so would not reasonably be expected to have a Material Adverse Effect,
the Guarantor shall not, nor shall it permit or suffer any of its Subsidiaries to, generate, use, manufacture, refine, transport, treat,
store, handle, dispose of, transfer, produce or process Hazardous Materials other than in the ordinary course of business and in material
compliance with all applicable Environmental Laws, and shall not, and shall not permit or suffer any of its Subsidiaries to, cause or
permit, as a result of any intentional or unintentional act or omission on the part of the Guarantor or any Subsidiary thereof, the installation
or placement of Hazardous Materials in material violation of or actionable under any applicable Environmental Laws onto any of its property
or suffer the material presence of Hazardous Materials in violation of or actionable under any applicable Environmental Laws on any of
its property without having taken prompt steps to remedy such violation.&nbsp;&nbsp;Unless its failure to do so would not reasonably be expected
to have a Material Adverse Effect, the Guarantor shall, and shall cause each of its Subsidiaries to, promptly undertake and diligently
pursue to completion any investigation, study, sampling and testing, as well as any cleanup, removal, remedial or other action required
of the Guarantor or any Subsidiary under any applicable Environmental Laws in the event of any release of Hazardous Materials.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(l)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>ERISA</U>.&nbsp;&nbsp;The Guarantor shall give to the Administrative Agent the following notices and documents (provided that, solely with respect to clauses
(i), (ii) and (iii) below, the Guarantor shall only be obligated to provide such notices and documents to the extent that any of the events
or occurrences described in such clauses is reasonably expected to result in a material liability):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>ERISA
Events</U>.&nbsp;&nbsp;Promptly and in any event within ten (10) days after the Guarantor or any of its ERISA Affiliates knows or has reason to know
that any ERISA Event has occurred, a statement of the chief financial officer of the Guarantor or such ERISA Affiliate describing such
ERISA Event and the action, if any, that the Guarantor or such ERISA Affiliate has taken and proposes to take with respect thereto;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Plan
Terminations</U>.&nbsp;&nbsp;Promptly and in any event within two (2) Business Days after receipt thereof by the Guarantor or any of its ERISA Affiliates,
copies of each notice from the PBGC stating its intention to terminate any Plan or to have a trustee appointed to administer any Plan;
and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Multiemployer
Plan Notices</U>.&nbsp;&nbsp;Promptly and in any event within five (5) Business Days after receipt thereof by the Guarantor or any of its ERISA Affiliates
from the sponsor of a Multiemployer Plan, copies of each notice concerning (A) the imposition of Withdrawal Liability by any such Multiemployer
Plan, or (B) the reorganization or termination, within the meaning of Title IV of ERISA, of any such Multiemployer Plan or (C) the amount
of liability incurred by the Guarantor or any of its ERISA Affiliates in connection with any event described in clause (A) or (B) above.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Additional
Multiemployer Plan Notices</U>.&nbsp;&nbsp;Promptly upon request, copies of (A) any documents described in Section 101(k) of ERISA that the Guarantor
or any of its ERISA Affiliates may request with respect to any Multiemployer Plan, and (B) any notices described in Section 101(l) of
ERISA that the Guarantor or any of its ERISA Affiliates may request with respect to any Multiemployer Plan; provided, that if the Guarantor
or the applicable ERISA Affiliate has not requested such documents or notices from the administrator or sponsor of the applicable Multiemployer
Plan, upon the request of the Administrative Agent, which request shall not be more frequent than once during any twelve (12) month period,
the Guarantor or applicable ERISA Affiliate shall promptly make a request for such documents or notices and shall provide copies of such
documents and notices promptly and in any event within five (5) Business Days after receipt thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(m)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Sanctions
Actions or Investigations</U>.&nbsp;&nbsp;Promptly upon a Responsible Officer of the Guarantor becoming aware that the Guarantor or any of its Subsidiaries
has received formal notice that it has become the subject of any material action or investigation under any Sanctions, the Guarantor shall,
to the extent permitted by law, supply to the Administrative Agent details of any such material action or investigation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(n)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Anti-Corruption
and Sanctions Compliance Policies and Procedures</U>.&nbsp;&nbsp;The Guarantor will maintain in effect policies and procedures designed to promote
and achieve continued compliance by the Guarantor, its Subsidiaries and their respective directors, officers and employees with applicable
Anti-Corruption Laws and Sanctions.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">8.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Negative
Covenants</U>.&nbsp;&nbsp;The Guarantor hereby agrees that, so long as (i) any Loan remains outstanding and unpaid or any other amount is owing to
the Administrative Agent or any Lender under the Credit Agreement or (ii) the Commitments have not been terminated:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Financial
Covenants</U>.&nbsp;&nbsp;The Guarantor shall not at any time permit:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
ratio of its Total Consolidated Current Assets to Adjusted Total Consolidated Current Liabilities, each as calculated at the end of each
fiscal quarter of the Guarantor, to be less than 1.1 to 1.0 (to be tested quarterly);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
ratio of its consolidated Adjusted Net Debt to consolidated Adjusted Capitalization (each as calculated at the end of each fiscal quarter
of the Guarantor) to be greater than 0.635:1.0 (to be tested quarterly); and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
aggregate outstanding principal balance of all Secured Indebtedness (excluding any Permitted Secured Indebtedness) incurred by the Guarantor
and its Subsidiaries to be greater than an amount equal to seven and one half percent (7.5%) of the Total Tangible Assets of the Guarantor
and its Subsidiaries, as calculated at the end of each fiscal quarter of the Guarantor and as determined in accordance with GAAP (to be
tested quarterly).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Limitation
of Fundamental Changes</U>.&nbsp;&nbsp;The Guarantor shall not enter into any transaction of merger, consolidation or amalgamation (other than any
merger or amalgamation of any Subsidiary with and into the Guarantor so long as the Guarantor shall be the surviving, resulting or continuing
company) or liquidate, wind up or dissolve itself (or suffer any liquidation or dissolution), or convey, sell, lease, assign, transfer
or otherwise dispose of, all or substantially all of its property, business or assets.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Restrictions
on Dividends or Loans by Designated Obligors</U>.&nbsp;&nbsp;The Guarantor shall not permit any Designated Obligor to enter into any agreement restricting
the payment of dividends or the making of loans by it to the Guarantor or to any other Designated Obligor, <U>except that</U> the Guarantor
may permit a Designated Obligor to be party to agreements (i) limiting the payment of dividends by such Designated Obligor following a
default or an event of default under such agreement and (ii) requiring the compliance by such Designated Obligor with specified net worth,
working capital or other similar financial tests and (iii) restricting loans to be made by such Designated Obligor to any other Obligor
or the Guarantor to such loans which accrue interest at a rate greater than or equal to such lending Designated Obligor&#8217;s average
cost of funds as determined in good faith by the Board of Directors of such Designated Obligor.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Intercompany
Loans</U>.&nbsp;&nbsp;Notwithstanding any provision to the contrary set forth in the Transaction Documents (including, without limitation, clause
(s) of the definition of &#8220;Eligible Loan&#8221; in Annex X), the Guarantor (i) shall not permit any Seller to sell, transfer, assign
or otherwise convey any Intercompany Loan to Bunge Funding under the Sale Agreement that has a maturity in excess of six (6) years and
(ii) shall either cause a Seller, Bunge Funding or the Trustee to demand repayment of all outstanding principal and accrued interest under
each Intercompany Loan or cause a Seller to refinance such amounts by making a new Intercompany Loan to the applicable Obligor within
six (6) years from the date of such Intercompany Loan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(e)&#9;<U>Anti-Money
Laundering</U>.&#9;&nbsp;The Guarantor will not knowingly conduct its operations in violation of any applicable financial recordkeeping and
reporting requirements of the U.S. Bank Secrecy Act, the money laundering statutes of all jurisdictions, the rules and regulations thereunder
and any related or similar rules, regulations or guidelines issued, administered or enforced by any applicable authority (collectively,
the &#8220;<U>Money Laundering Laws</U>&#8221;), and no action or inquiry by or before any authority involving the Guarantor with respect
to Money Laundering Laws is pending or, to the best of the knowledge of the Responsible Officers of the Guarantor, is threatened.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(f)&#9;<U>Sanctions
and Anti-Corruption</U>.&#9;&nbsp;The Guarantor will not knowingly use, or permit any of its Subsidiaries to use, any funds derived from any
activity that would violate Sanctions or any Anti-Corruption Laws to pay any of the obligations under the Loan Documents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">The foregoing covenants in
this <U>Section 8.2(f)</U> will not apply to any party hereto to which the Blocking Regulation applies, if and to the extent that such
covenants are or would be unenforceable by or in respect of that party pursuant to, or would otherwise result in a breach and/or violation
of, (i) any provision of the Blocking Regulation (or any law or regulation implementing the Blocking Regulation in any member state of
the European Union) or (ii) any similar blocking or anti-boycott law in the United Kingdom.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">8.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Use
of Websites.</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Guarantor may satisfy its obligation to deliver any public information to the Lenders by posting this information onto an electronic website
designated by the Guarantor and the Administrative Agent (the &#8220;<U>Designated Website</U>&#8221;) by notifying the Administrative
Agent (i) of the address of the website together with any relevant password specifications and (ii) that such information has been posted
on the website; <U>provided</U>, that in any event the Guarantor shall supply the Administrative Agent with one copy in paper form of
any information which is posted onto the website.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Administrative Agent shall supply each Lender with the address of and any relevant password specifications for the Designated Website
following designation of that website by the Guarantor and the Administrative Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Guarantor shall promptly upon becoming aware of its occurrence notify the Administrative Agent if:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Designated Website cannot be accessed due to technical failure;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
password specifications for the Designated Website change;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any
new information which is required to be provided under this Guaranty is posted onto the Designated Website;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any
existing information which has been provided under this Guaranty and posted onto the Designated Website is amended; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(v)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Guarantor becomes aware that the Designated Website or any information posted onto the Designated Website is or has been infected by any
electronic virus or similar software.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">If the Guarantor notifies the Administrative
Agent under <U>Section 8.3(c)(i)</U> or <U>Section 8.3(c)(v)</U> above, all information to be provided by the Guarantor under this Guaranty
after the date of that notice shall be supplied in paper form unless and until the Administrative Agent is satisfied that the circumstances
giving rise to the notification are no longer continuing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Section 9.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#9;<U>Amendments</U>.
&nbsp;No amendment or waiver of any provision of this Guaranty nor consent to any departure by the Guarantor therefrom shall in any event be
effective unless such amendment or waiver shall be in writing and signed by the Guarantor and the Administrative Agent (who shall act
following the receipt of the consent of the Required Lenders). Such waiver or consent shall be effective only in the specific instance
and for the specific purpose for which given.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Section 10.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#9;<U>Notices,
Etc</U>.&nbsp; All notices, demands, instructions and other communications required or permitted to be given to or made upon any Person pursuant
hereto shall be in writing and shall be personally delivered or sent by registered, certified or express mail, postage prepaid, return
receipt requested, by recognized overnight courier service or by facsimile transmission, and shall be deemed to be given for purposes
of this Guaranty, in the case of a notice sent by registered, certified or express mail, or by recognized overnight courier service, on
the date that such writing is actually delivered to the intended recipient thereof in accordance with the provisions of this <U>Section
10</U>, or in the case of facsimile transmission, when received and telephonically confirmed.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">Unless otherwise specified in a notice sent
or delivered in accordance with the foregoing provisions of this <U>Section 10</U>, notices, demands, instructions and other communications
in writing shall be given to or made upon the subject parties at their respective Notice Addresses (or to their respective facsimile transmission
numbers) or at such other address or number as any party may notify to the other parties in accordance with the provisions of this <U>Section
10</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Section 11.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#9;<U>No Waiver;
Remedies</U>.&nbsp;&nbsp;No failure on the part of the Administrative Agent to exercise, and no delay in exercising, any right hereunder shall operate
as a waiver thereof, nor shall any single or partial exercise of any right hereunder preclude any other or further exercise thereof or
the exercise of any other right.&nbsp;&nbsp;The remedies herein provided are cumulative and not exclusive of any remedies provided by law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Section 12.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#9;<U>Costs and
Expenses</U>.&nbsp;&nbsp;The Guarantor agrees to pay, and cause to be paid, on demand all costs and expenses actually incurred by the Administrative
Agent in connection with the enforcement of this Guaranty including, without limitation, the fees and out of pocket expenses of outside
counsel to the Administrative Agent with respect thereto.&nbsp;&nbsp;The agreements of the Guarantor contained in this <U>Section 12</U> shall survive
the payment of all other amounts owing hereunder or under any of the other Guaranty Obligations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Section 13.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#9;<U>Separability</U>.&nbsp;&nbsp;Should any clause, sentence, paragraph, subsection or Section of this Guaranty be judicially declared to be invalid, unenforceable or
void, such decision will not have the effect of invalidating or voiding the remainder of this Guaranty, and the parties hereto agree that
the part or parts of this Guaranty so held to be invalid, unenforceable or void will be deemed to have been stricken herefrom and the
remainder will have the same force and effectiveness as if such part or parts had never been included herein.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Section 14.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#9;<U>Captions</U>.&nbsp;&nbsp;The captions in this Guaranty have been inserted for convenience only and shall be given no substantive meaning or significance whatever
in construing the terms and provisions of this Guaranty.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Section 15.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#9;<U>Successors
and Assigns</U>.&nbsp;&nbsp;This Guaranty shall (a) be binding upon the Guarantor and its successors and assigns and (b) inure to the benefit of
and be enforceable by the Administrative Agent (for the ratable benefit of the Lenders) and its successors, transferees and assigns; <U>provided</U>,
<U>however</U>, that any assignment by the Guarantor of its obligations hereunder shall (i) be subject to the prior written consent of
the Administrative Agent acting on the instructions of all of the Lenders at their complete discretion, and (ii) subject to the satisfaction
of clause (i) above, only be made to a one hundred percent (100%) owned Affiliate of the Guarantor.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Section 16.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#9;<U>Limitation
by Law</U>.&nbsp;&nbsp;All rights, remedies and powers provided in this Guaranty may be exercised only to the extent that the exercise thereof does
not violate any applicable provision of law, and all the provisions of this Guaranty are intended to be subject to all applicable mandatory
provisions of law which may be controlling and to be limited to the extent necessary so that they will not render this Guaranty invalid,
unenforceable, in whole or in part, or not entitled to be recorded, registered or filed under the provisions of any applicable law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Section 17.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#9;<U>Substitution
of Guaranty</U>.&nbsp;&nbsp;Subject to the prior written consent of the Administrative Agent acting on the instructions of all of the Lenders at
their complete discretion, the Guarantor shall, during the term of this Guaranty, be permitted at its option to provide collateral to
the Administrative Agent or another form of credit support as a substitute for its obligations under this Guaranty.&nbsp;&nbsp;The Guarantor agrees
to execute whatever security or credit support documents the Administrative Agent reasonably requests in order to effectuate the provisions
of this <U>Section 17</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Section 18.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#9;<B><U>GOVERNING
LAW; FOREIGN PARTY PROVISIONS</U></B>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in"><B>(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;THIS
GUARANTY SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK (INCLUDING, WITHOUT LIMITATION, SECTION
5-1401 OF THE GENERAL OBLIGATIONS LAW OF THE STATE OF NEW YORK).</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Consent
to Jurisdiction</U>.&nbsp;&nbsp;The Guarantor irrevocably submits to the non-exclusive jurisdiction of any New York state or U.S. federal court sitting
in the Borough of Manhattan, The City of New York, in any action or proceeding relating to its obligations, liabilities or any other matter
arising out of or in connection with this Guaranty or the other Loan Documents and Transaction Documents.&nbsp;&nbsp;The Guarantor hereby irrevocably
agrees that all claims in respect of any such action or proceeding may be heard and determined in such New York state or U.S. federal
court.&nbsp;&nbsp;The Guarantor also hereby irrevocably waives, to the fullest extent permitted by law, any objection to venue or the defense of
an inconvenient forum to the maintenance of any such action or proceeding in any such court.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Appointment
for Agent for Service of Process</U>.&nbsp;&nbsp;The Guarantor hereby (i) irrevocably designates and appoints its chief financial officer (from time
to time) at its principal executive offices at 1391 Timberlake Manor Parkway, Chesterfield, Missouri 63017 (the &#8220;<U>Authorized Agent</U>&#8221;),
as its agent upon which process may be served in any suit, action or proceeding related to this Guaranty and represents and warrants that
the Authorized Agent has accepted such designation and (ii) agrees that service of process upon the Authorized Agent and written notice
of said service to the Guarantor mailed or delivered by a recognized international courier service (with proof of delivery) to its Secretary
or any Assistant Secretary at its office at 1391 Timberlake Manor Parkway, Chesterfield, Missouri 63017, shall be deemed in every respect
effective service of process upon the Guarantor in any such suit or proceeding.&nbsp;&nbsp;The Guarantor further agrees to take any and all action,
including the execution and filing of any and all such documents and instruments, as may be necessary to continue such designation and
appointment of the Authorized Agent in full force and effect so long as the Guaranty is in existence.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Waiver
of Immunities</U>.&nbsp;&nbsp;To the extent that the Guarantor or any of its properties, assets or revenues may have or may hereafter become entitled
to, or have attributed to them, any right of immunity, on the grounds of sovereignty, from any legal action, suit or proceeding, from
set-off or counterclaim, from the jurisdiction of any court, from service of process, from attachment upon or prior to judgment, or from
attachment in aid of execution of judgment, or from execution of judgment, or other legal process or proceeding for the giving of any
relief or for the enforcement of any judgment, in any jurisdiction in which proceedings may at any time be commenced, with respect to
its obligations, liabilities or any other matter under or arising out of or in connection with this Guaranty or any other Loan Documents
and Transaction Documents, the Guarantor hereby irrevocably and unconditionally, to the extent permitted by applicable law, waives and
agrees not to plead or claim any such immunity and consents to such relief and enforcement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Taxes</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Any payments by or on behalf of the Guarantor to the Administrative Agent hereunder shall be made free and clear of, and without deduction
or withholding for or on account of, any Taxes; <U>provided</U>, that if any Taxes are required to be deducted or withheld from any amounts
payable to the Administrative Agent, as determined in good faith by the applicable Withholding Agent, (x) the applicable Withholding Agent
shall be entitled to make such deduction or withholding and shall timely pay the amount deducted or withheld to the relevant Governmental
Authority in accordance with applicable law and (y) if such Tax is an Indemnified Tax, then the sum payable by the Guarantor to the Administrative
Agent shall be increased to the extent necessary so that after such deduction or withholding has been made (including such deductions
and withholdings applicable to additional sums payable under this Section), the Administrative Agent receives an amount equal to the sum
it would have received had no such withholding or deduction been made.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Whenever
any Indemnified Taxes are payable by the Guarantor, as promptly as possible thereafter the Guarantor shall send to the Administrative
Agent for its own account or for the account of the relevant Lender, as the case may be, a certified copy of an original official receipt
received by the Guarantor showing payment thereof, a copy of the tax return reporting such payment or other evidence of such payment reasonably
satisfactory to the Administrative Agent.&nbsp;&nbsp;The Guarantor shall indemnify the Administrative Agent (for its own benefit or for the benefit
of a Lender), within ten (10) days after demand therefor, for the full amount of any Indemnified Taxes (including Indemnified Taxes imposed
or asserted on or attributable to amounts payable under this Section) payable or paid by the Administrative Agent or any Lender or required
to be withheld or deducted from a payment to the Administrative Agent or any Lender and any reasonable expenses arising therefrom or with
respect thereto, whether or not such Indemnified Taxes were correctly or legally imposed or asserted by the relevant Governmental Authority.&nbsp;&nbsp;A certificate as to the amount of such payment or liability delivered to the Guarantor by the Administrative Agent on its own behalf or
on behalf of a Lender, shall be conclusive absent manifest error.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
any Lender (or participant) is entitled to an exemption from or reduction of withholding Tax with respect to payments made hereunder,
the Administrative Agent shall obtain from such Lender and shall deliver to the Guarantor, at the time or times prescribed by applicable
law or reasonably requested by the Guarantor, such properly completed and executed documentation prescribed by applicable law as will
permit such payments to be made without withholding or at a reduced rate, provided that such Lender (or participant) is legally entitled
to complete, execute and deliver such documentation and in such Lender&#8217;s (or participant&#8217;s) reasonable judgment such completion,
execution or submission would not materially prejudice the legal or commercial position of such Lender (or participant).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
the Administrative Agent or a Lender determines, in its sole good faith discretion, that it has received a refund of any Indemnified Taxes
as to which the Administrative Agent has been indemnified by the Guarantor or with respect to which the Guarantor has paid additional
amounts pursuant to this <U>Section 18(e)</U>, the Administrative Agent (on its own behalf or on behalf of such Lender) shall pay to the
Guarantor an amount equal to such refund (but only to the extent of indemnity payments made, or additional amounts paid, by the Guarantor
under this <U>Section 18(e)</U> with respect to Indemnified Taxes giving rise to such refund), net of all out-of-pocket expenses of the
Administrative Agent or such Lender and without interest (other than any interest paid by the relevant Governmental Authority with respect
to such refund); provided, that the Guarantor agrees to pay, upon the request of the Administrative Agent, the amount paid over to the
Guarantor pursuant to this <U>Section 18(e)(iv)</U> (plus any penalties, interest or other charges imposed by the relevant Governmental
Authority) to the Administrative Agent (for its own benefit or for the benefit of such Lender) in the event that the Administrative Agent
or such Lender is required to repay such refund to such Governmental Authority.&nbsp;&nbsp;Notwithstanding anything to the contrary in this <U>Section
18(e)(iv)</U>, in no event will the indemnified party be required to pay any amount to an indemnifying party pursuant to this <U>Section
18(e)(iv)</U> the payment of which would place the indemnified party in a less favorable net after-tax position than the indemnified party
would have been in if the Tax subject to indemnification and giving rise to such refund had not been deducted, withheld or otherwise imposed
and the indemnification payments or additional amounts giving rise to such refund had never been paid.&nbsp;&nbsp;This <U>Section 18(e)(iv)</U> shall
not be construed to require the Administrative Agent or a Lender to make available its Tax returns (or any other information relating
to its Taxes that it deems confidential) to the Guarantor.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Judgment
Currency</U>.&nbsp;&nbsp;The obligations of the Guarantor in respect of any sum due to the Administrative Agent or any Lender hereunder or any holder
of the obligations owing hereunder (the &#8220;<U>Applicable Creditor</U>&#8221;) shall, notwithstanding any judgment in a currency (the
&#8220;<U>Judgment Currency</U>&#8221;) other than the currency in which such sum is stated to be due hereunder (the &#8220;<U>Agreement
Currency</U>&#8221;), be discharged only to the extent that, on the Business Day following receipt by the Applicable Creditor of any sum
adjudged to be so due in the Judgment Currency, the Applicable Creditor may in accordance with normal banking procedures in the relevant
jurisdiction purchase the Agreement Currency with the Judgment Currency; if the amount of the Agreement Currency so purchased is less
than the sum originally due to the Applicable Creditor in the Agreement Currency, the Guarantor as a separate obligation and notwithstanding
any such judgment, agrees to indemnify the Applicable Creditor against such loss.&nbsp;&nbsp;The obligations of the Guarantor contained in this Section
shall survive the termination of this Guaranty and the Credit Agreement and the payment of all other amounts owing hereunder and thereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Section 19.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#9;<B><U>WAIVER
OF JURY TRIAL.</U> &nbsp;THE GUARANTOR HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVES TRIAL BY JURY IN ANY LEGAL ACTION OR PROCEEDING RELATING
TO THIS GUARANTY, ANY OTHER LOAN DOCUMENT OR FOR ANY TRANSACTIONS CONTEMPLATED BY THIS GUARANTY AND FOR ANY COUNTERCLAIM THEREIN.&nbsp;&nbsp;THE
GUARANTOR ACKNOWLEDGES THAT (A) THIS WAIVER IS A MATERIAL INDUCEMENT TO ENTER INTO THIS GUARANTY, (B) IT HAS RELIED ON THIS WAIVER IN
ENTERING INTO THIS GUARANTY AND (C) IT WILL CONTINUE TO RELY ON THIS WAIVER IN FUTURE DEALINGS RELATED TO THIS GUARANTY.&nbsp;&nbsp;THE GUARANTOR
REPRESENTS THAT IT HAS REVIEWED THIS WAIVER WITH ITS LEGAL ADVISERS AND THAT IT KNOWINGLY AND VOLUNTARILY WAIVES ITS JURY TRIAL RIGHTS
AFTER CONSULTATION WITH ITS LEGAL ADVISERS.&nbsp;&nbsp;IN THE EVENT OF ANY LEGAL PROCEEDING RELATING TO THIS GUARANTY, ANY OTHER LOAN DOCUMENT OR
FOR ANY TRANSACTIONS CONTEMPLATED BY THIS GUARANTY, THIS GUARANTY MAY BE FILED AS EVIDENCE OF THE GUARANTOR&#8217;S WAIVER OF A TRIAL
BY JURY.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Section 20.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#9;<U>Reinstatement</U>.&nbsp;&nbsp;This Guaranty shall be reinstated to the extent of payments made to the Guarantor as reimbursement of amounts advanced by the Guarantor
hereunder.&nbsp;&nbsp;The Guarantor agrees that this Guaranty shall continue to be effective or be reinstated, as the case may be, if at any time
any part of any payment of principal of, or interest on, the Guaranty Obligations is stayed, rescinded or must otherwise be restored by
the Administrative Agent upon the bankruptcy or reorganization of BLFC or any other Person.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Section 21.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#9;<U>JPMorgan
Chase Conflict Waive</U>r.&nbsp;&nbsp;JPMorgan Chase acts as Administrative Agent and Lender and may provide other services or facilities from time
to time (the &#8220;<U>JPMorgan Chase Roles</U>&#8221;).&nbsp;&nbsp;The Guarantor and each other party hereto acknowledges and consents to any and
all JPMorgan Chase Roles, waives any objections it may have to any actual or potential conflict of interest caused by JPMorgan Chase acting
as Administrative Agent or as Lender hereunder and acting as or maintaining any of the JPMorgan Chase Roles, and agrees that in connection
with any JPMorgan Chase Role, JPMorgan Chase may take, or refrain from taking, any action which it in its discretion deems appropriate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Section 22.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#9;<U>Setoff</U>.&nbsp;&nbsp;In addition to any rights now or hereafter granted under applicable law and not by way of limitation of any such rights, upon the occurrence
of an Event of Default or a Series 2002-1 Early Amortization Event, each Lender is hereby authorized at any time or from time to time,
without notice to the Guarantor or to any other Person, any such notice being hereby expressly waived to the extent permitted by applicable
law, to set off and to appropriate and apply any and all deposits (general or special) and any other indebtedness at any time held or
owing by such Lender, to or for the credit or the account of the Guarantor against and on account of the obligations and liabilities of
the Guarantor to such Lender, as applicable, under this Guaranty or any other Loan Document, including, without limitation, all claims
of any nature or description arising out of or connected with this Guaranty or any other Loan Document, irrespective of whether or not
such Lender shall have made any demand hereunder and although said obligations, liabilities or claims, or any of them, shall be contingent
or unmatured.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">If any Lender, whether by
setoff or otherwise, has payment made to it under this Guaranty or any other Loan Document upon its Loans in a greater proportion than
that received by any other Lender, such Lender agrees, promptly upon demand, to purchase a portion of the Loans held by the other Lenders
so that after such purchase each Lender will hold its ratable proportion of Loans.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">[Signature Page Follows]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-align: left"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">IN WITNESS WHEREOF, the Guarantor
has caused this Guaranty to be duly executed by its officers thereunto duly authorized, as of the date first written above.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 4in; text-align: justify">GUARANTOR:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 4in; text-align: justify">BUNGE LIMITED,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 4in; text-align: justify">a Bermuda company</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 4in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 4in; text-align: justify">By:<U>/s/ Rajat Gupta</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 4.2in; text-align: justify">Name:&nbsp;&nbsp;Rajat Gupta</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 24pt 4.2in; text-align: justify">Title:&nbsp;&nbsp;Treasurer</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 4in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 4in; text-align: justify">By:<U>/s/ Lisa Ware-Alexander</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 4.2in; text-align: justify">Name:&nbsp;&nbsp;Lisa Ware-Alexander</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 24pt 4.2in; text-align: justify">Title:&nbsp;&nbsp;Secretary</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">[Bunge Limited Guaranty (2021)]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 24pt 3.2in; text-align: right">Schedule I</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B><U>Material Adverse Effect</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">None.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-align: left"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: right">Schedule II</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B><U>Environmental Matters</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">This Schedule II to the Guaranty hereby incorporates
by reference all disclosures related to environmental matters set forth in (i) the Guarantor&#8217;s Annual Report on Form 10-K for the
fiscal year ended December 31, 2020, which was filed by the Guarantor on February 19, 2021 and (ii) the Guarantor&#8217;s Quarterly Report
on Form 10-Q for the fiscal quarter ended March 31, 2021, which was filed by the Guarantor on May 4, 2021.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: right">Schedule III</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B><U>Defaulted Facilities</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">None.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-align: left"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: right">Schedule IV</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B><U>Designated Obligors</U></B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 60%; padding-right: 5.4pt; padding-left: 5.4pt">Name</TD>
    <TD STYLE="width: 40%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><U>Percentage Directly or Indirectly</U></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><U>Owned by BL</U></P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">Bunge Limited</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">--</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">Bunge Global Markets Inc.</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">100%</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">Bunge N.A. Holdings, Inc.</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">100%</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">Bunge North America, Inc.</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">100%</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">Koninklijke Bunge B.V.</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">100%</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">Bunge Argentina S.A.</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">100%</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">Bunge S.A.</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">100%</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">Bunge Alimentos S.A.</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">100%</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">Bunge Fertilizantes S.A. (Brazil)</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">100%</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">Bunge International Commerce Ltd. </TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">100%</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Bunge Trade Limited (successor</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">to Bunge Fertilizantes International Limited)</P></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">100%</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-right: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-right: 0; margin-bottom: 0"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-right: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: right">Schedule V</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B><U>Material Contingent Liabilities and Material
Disposition or Acquisition of Assets</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">This Schedule V to the Guaranty hereby incorporates
by reference all disclosures set forth in (i) the Guarantor&#8217;s Annual Report on Form 10-K for the fiscal year ended December 31,
2020, which was filed by the Guarantor on February 19, 2021 and (ii) the Guarantor&#8217;s Quarterly Report on Form 10-Q for the fiscal
quarter ended March 31, 2021, which was filed by the Guarantor on May 4, 2021.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: right">Schedule VI</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B><U>Material Litigation</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">This Schedule VI to the Guaranty hereby incorporates
by reference all disclosures related to legal proceedings set forth in (i) the Guarantor&#8217;s Annual Report on Form 10-K for the fiscal
year ended December 31, 2020, which was filed by the Guarantor on February 19, 2021 and (ii) the Guarantor&#8217;s Quarterly Report on
Form 10-Q for the fiscal quarter ended March 31, 2021, which was filed by the Guarantor on May 4, 2021.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B><U>ANNEX A</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&#8220;Adjusted Capitalization&#8221;:&nbsp;&nbsp;the
sum of the Guarantor&#8217;s Consolidated Net Worth and the Guarantor&#8217;s consolidated Adjusted Net Debt.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&#8220;Adjusted Net Debt&#8221;:&nbsp;&nbsp;with respect
to any Person on any date of determination, (a) the aggregate principal amount of Indebtedness of such Person on such date (including,
without limitation, letter of credit obligations of such Person) minus (b) the sum of all cash, time deposits, marketable securities and
Liquid Inventory of such Person on such date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&#8220;Adjusted Total Consolidated Current
Liabilities&#8221;:&nbsp;&nbsp;(a) the total consolidated current liabilities of the Guarantor and its consolidated Subsidiaries determined on a
consolidated basis in accordance with GAAP <U>minus</U> (b) the total letter of credit obligations under any trade structured finance
program of the Guarantor and its consolidated Subsidiaries <U>minus</U> (c) the total sum of all drawings under any revolving credit facility
that has a maturity, as of any test date, greater than or equal to twelve (12) months from such test date <U>minus</U> (d) any drawings
under a commercial paper program, including the Commercial Paper (as defined in Annex X), so long as the drawn portion thereunder is supported
by undrawn commitments under a revolving credit facility, including the Liquidity Agreement (as defined in Annex X) that has a maturity,
as of any test date, greater than or equal to twelve (12) months from such test date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&#8220;Anti-Corruption Laws&#8221;:&nbsp;&nbsp;all laws,
rules and regulations of any jurisdiction applicable to the Guarantor or any of its Subsidiaries from time to time concerning or relating
to bribery or corruption.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&#8220;BL&#8221;:&nbsp;&nbsp;as defined in the preamble
hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&#8220;BLFC&#8221;:&nbsp;&nbsp;Bunge Limited Finance Corp.,
a Delaware corporation, and its successors and permitted assigns.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&#8220;Blocking Regulation&#8221;:&nbsp;&nbsp;as defined
in <U>subsection 7(t)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&#8220;Bunge Funding&#8221;:&nbsp;&nbsp;Bunge Funding,
Inc., a Delaware corporation, and its successors and permitted assigns.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&#8220;Consolidated Net Worth&#8221;:&nbsp;&nbsp;the Net
Worth of the Guarantor and its consolidated Subsidiaries determined on a consolidated basis in accordance with GAAP, plus minority interests
in Subsidiaries.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&#8220;Credit Agreement&#8221;:&nbsp;&nbsp;as defined
in the preamble hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&#8220;Dollars&#8221; and &#8220;<U>$</U>&#8221;:&nbsp;&nbsp;dollars in lawful currency of the United States.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&#8220;EDGAR&#8221;:&nbsp;&nbsp;the Electronic Data-Gathering,
Analysis and Retrieval system, which performs automated collection, validation, indexing and forwarding of submissions by Persons who
are required by law to file forms with the U.S. Securities and Exchange Commission.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&#8220;Environmental Claim&#8221;:&nbsp;&nbsp;any and
all administrative, regulatory or judicial actions, suits, demands, demand letters, claims, liens, notices of non-compliance or violation,
investigations or proceedings relating in any way to any Environmental Law or any permit issued under any such law (hereinafter &#8220;Claims&#8221;),
including, without limitation, (a) any and all Claims by governmental or regulatory authorities for enforcement, cleanup, removal, response,
remedial or other actions or damages pursuant to any applicable Environmental Law and (b) any and all Claims by any third party seeking
damages, contribution, indemnification, cost recovery, compensation or injunctive relief resulting or arising from alleged or actual injury
or threat of injury to the environment by reason of a violation of or liability arising under any Environmental Law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&#8220;Euro&#8221; and &#8220;EUR&#8221;:&nbsp;&nbsp;the
single lawful currency introduced at the start of the third stage of the European Economic and Monetary Union pursuant to a treaty establishing
the European Union (as amended from time to time).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&#8220;Excluded Taxes&#8221;:&nbsp;&nbsp;has the meaning
assigned to such term in the Credit Agreement, <U>provided</U>, <U>however</U>, that, for the avoidance of doubt, such term shall include
the Taxes set forth in such definition that are imposed on, or required to be withheld or deducted from a payment to, the Administrative
Agent or any Lender under any Loan Document.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&#8220;Guarantor&#8221;:&nbsp;&nbsp;as defined in the
preamble hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&#8220;Guaranty&#8221;:&nbsp;&nbsp;as defined in the preamble
hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&#8220;Guaranty Obligations&#8221;:&nbsp;&nbsp;as defined
in <U>Section 2</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&#8220;Hazardous Materials&#8221;:&nbsp;&nbsp;(a) any
petroleum or petroleum products, radioactive materials, asbestos in any form that is or could become friable, urea formaldehyde foam insulation,
transformers or other equipment that contain dielectric fluid containing levels of polychlorinated biphenyls, and radon gas; (b) any chemicals,
materials or substances defined as or included in the definition of &#8220;hazardous substances,&#8221; &#8220;hazardous waste,&#8221;
&#8220;hazardous materials,&#8221; &#8220;extremely hazardous waste,&#8221; &#8220;restricted hazardous waste,&#8221; &#8220;toxic substances,&#8221;
&#8220;toxic pollutants,&#8221; &#8220;contaminants,&#8221; or &#8220;pollutants,&#8221; or words of similar import, under any applicable
Environmental Law; and (c) any other chemical, material or substance, exposure to which is prohibited, limited or regulated by any governmental
authority having jurisdiction over the Guarantor or its Subsidiaries and the manufacturing, trading or extraction of which constitutes
a material portion of the business of the Guarantor or any of its Subsidiaries.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&#8220;Indemnified Taxes&#8221;:&nbsp;&nbsp;(a) Taxes,
other than Excluded Taxes, imposed on or with respect to any payment made by or on account of any obligation of BLFC or the Guarantor
under any Loan Document and (b) to the extent not otherwise described in clause (a), Other Taxes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&#8220;Intercompany Loans&#8221;:&nbsp;&nbsp;Loans, as
defined in Annex X to the Pooling Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&#8220;Investor Certificates&#8221;:&nbsp;&nbsp;as defined
in Annex X to the Pooling Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&#8220;JPMorgan Chase Roles&#8221;:&nbsp;&nbsp;as defined
in <U>Section 21</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&#8220;Judgment Currency&#8221;:&nbsp;&nbsp;as defined
in <U>subsection 18(f)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&#8220;Liquid Inventory&#8221;:&nbsp;&nbsp;as to the Guarantor
and its consolidated Subsidiaries at any time, its inventory at such time of commodities which are traded on any recognized commodities
exchange, valued depending on the type of such commodity at either (a) the lower of cost or the market value at such time or (b) the market
value at such time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&#8220;Net Worth&#8221;:&nbsp;&nbsp;with respect to any
Person, the sum of such Person&#8217;s capital stock, capital in excess of par or stated value of shares of its capital stock, retained
earnings and any other account which, in accordance with GAAP, constitutes stockholders&#8217; equity, excluding any treasury stock.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&#8220;Notice Address&#8221;:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 36%; border: Black 1pt solid; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">Administrative Agent:&#9;</FONT></TD>
    <TD STYLE="width: 5%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="width: 59%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">JPMORGAN CHASE BANK, N.A.</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">500 Stanton Christiana Rd, Ops 2, Floor 3</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Newark, DE 19713</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Attention:&nbsp;&nbsp;Chelsea Hamilton</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Tel. No:&nbsp;&nbsp;(302) 634-8822</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Telecopy:&nbsp;&nbsp;(302) 634-4733</P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">Guarantor:</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0 0">BUNGE LIMITED</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">1391 Timberlake Manor Parkway</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Chesterfield, Missouri 63017</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Attention:&nbsp;&nbsp;Treasurer</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Tel. No:&nbsp;&nbsp;(636) 292-3029</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Telecopy:&nbsp;&nbsp;(636) 292-4029</P></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&#8220;Obligor&#8221;:&nbsp;&nbsp;as defined in Annex
X to the Pooling Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&#8220;OFAC&#8221;:&nbsp;&nbsp;the Office of Foreign Assets
Control of the U.S. Department of the Treasury.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&#8220;Permitted Secured Indebtedness&#8221;:&nbsp;&nbsp;any Secured Indebtedness that:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 24pt; text-align: justify">(a) is secured by any mechanic, laborer, workmen,
repairmen, materialmen, supplier, carrier, warehousemen, landlord or vendor Lien or any other Lien provided for by mandatory provisions
of law, any order, attachment or similar legal process arising in connection with a court or other similar proceeding, any tax, charge
or assessment ruling or required by any Governmental Authority under any other similar circumstances;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 24pt; text-align: justify">(b) is incurred or assumed solely for the purpose
of financing all or any part of the cost of constructing or acquiring Property, and any Secured Indebtedness extending, renewing or replacing,
in whole or in part Secured Indebtedness permitted pursuant to this clause (b), so long as the principal amount of the Secured Indebtedness
secured by such Lien does not exceed its original principal amount;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 24pt; text-align: justify">(c) is secured by Property existing prior to
the acquisition of such Property or the acquisition of any Subsidiary that is the owner of such Property and is not incurred in contemplation
of such acquisition and any Secured Indebtedness extending, renewing or replacing, in whole or in part Secured Indebtedness permitted
pursuant to this clause (c), so long as the principal amount of the Secured Indebtedness secured by such Lien does not exceed its original
principal amount;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 24pt; text-align: justify">(d) is owed by any Subsidiary to the Guarantor
or any other Subsidiary;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 24pt; text-align: justify">(e) is secured by any accounts receivable from
or invoices to export customers (including, but not limited to, Subsidiaries), any contracts to sell, purchase or receive commodities
to or from export customers and any cash collateral and proceeds thereof;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 24pt; text-align: justify">(f) is incurred pursuant to the Loan Documents
or Transaction Documents;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 24pt; text-align: justify">(g) is secured by accounts receivable and other
related assets arising in connection with transfers thereof to the extent such transfers are treated as true sales;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 24pt; text-align: justify">(h) is secured by a Lien on any checking account,
saving account, clearing account, futures account, deposit account, securities account, brokerage account, custody account or other account
(or on any assets held in such account), securing obligations under any agreement or arrangement related to the opening of or provision
of clearing, pooling, zero-balancing, brokerage, settlement, margin or other services related to such account (or on any assets held in
such account), which customarily exist on similar accounts (or on any assets held in such accounts) of corporations in connection with
the opening of, or provision of clearing, pooling, zero-balancing, brokerage, settlement, margin or other services related, to such accounts;
or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 24pt; text-align: justify">(i) is incurred in connection with letters
of credit or other similar instruments issued in the normal course of business of the Guarantor or any Subsidiary, including without limitation,
obligations under reimbursement agreements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&#8220;Plan&#8221;:&nbsp;&nbsp;a Single Employer Plan
or a Multiple Employer Plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&#8220;Property&#8221;:&nbsp;&nbsp;any of the Guarantor&#8217;s
or any Subsidiary&#8217;s present or future property including any asset, revenue, or right to receive income or any other property, whether
tangible or intangible, real or personal.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&#8220;Restricted Party&#8221;:&nbsp;&nbsp;any person
listed:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">(a) in the Annex to the
Executive Order;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">(b) on the &#8220;Specially
Designated Nationals and Blocked Persons&#8221; list maintained by OFAC; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">(c) in any successor list
to either of the foregoing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&#8220;Secured Indebtedness&#8221;:&nbsp;&nbsp;all Indebtedness
incurred by the Guarantor and any of its Subsidiaries (without duplication) which is secured by Property pledged by the Guarantor or any
Subsidiary.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&#8220;Total Consolidated Current Assets&#8221;:&nbsp;&nbsp;(a) the total consolidated current assets of the Guarantor and its consolidated Subsidiaries determined on a consolidated basis in accordance
with GAAP, <U>minus</U> (b) the total time deposits under any trade structured finance program of the Guarantor and its consolidated Subsidiaries.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&#8220;Total Tangible Assets&#8221;:&nbsp;&nbsp;at any
date of determination, the total amount of assets of the Guarantor and its Subsidiaries (without duplication and excluding any asset owned
by the Guarantor or any Subsidiary that represents an obligation of the Guarantor or any other Subsidiary to such Subsidiary or Guarantor)
after deducting therefrom all goodwill, trade names, trademarks, patents, licenses, copyrights and other intangible assets.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0pt; text-align: center">Annex A - 5</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&nbsp;</P>


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<DESCRIPTION>RABOBANK CREDIT AGREEMENT
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><B><U>Exhibit 10.3</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">$1,000,000,000</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">REVOLVING CREDIT AGREEMENT</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">among</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">BUNGE LIMITED FINANCE CORP.,</P>

<P STYLE="font: 10pt/200% Times New Roman, Times, Serif; margin: 0; text-align: center">as Borrower,</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">The Several Lenders from Time to Time Parties
Hereto,</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">SUMITOMO MITSUI BANKING CORPORATION,</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">as Syndication Agent</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="text-transform: uppercase">BNP Paribas,</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="text-transform: uppercase">CITIBANK, N.A.,</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="text-transform: uppercase">Natixis, NEW
YORK BRANCH,</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="text-transform: uppercase">U.S. Bank National
Association</FONT>,</P>

<P STYLE="font: 10pt/200% Times New Roman, Times, Serif; margin: 0; text-align: center">as Co-Documentation Agents</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">and</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">CO&Ouml;PERATIEVE RABOBANK U.A., NEW YORK BRANCH,</P>

<P STYLE="font: 10pt/200% Times New Roman, Times, Serif; margin: 0; text-align: center">as Administrative Agent</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Dated as of July 16, 2021</P>

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="font-size: 0.5pt; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Co&ouml;peratieve Rabobank U.A., New York Branch and
Sumitomo Mitsui Banking Corporation,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">as Lead Arrangers and Bookrunners,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">BNP Paribas Securities Corp., Citibank, N.A., Natixis,
New York Branch and U.S. Bank National Association,<BR>
as Joint Lead Arrangers and Bookrunners</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>


<!-- Field: Page; Sequence: 1; Options: NewSection -->
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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><U>TABLE OF CONTENTS</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><B>Page</B></P>



<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%">
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="width: 90%; text-align: left; text-indent: -1in; padding-top: 12pt; padding-bottom: 12pt; padding-left: 1in">SECTION 1.&nbsp;&nbsp;&nbsp;DEFINITIONS</TD>
    <TD STYLE="width: 10%; text-align: right; padding-top: 12pt; padding-bottom: 12pt">1</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">1.1&nbsp;&nbsp;&nbsp;<U>Defined Terms</U>.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">1</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">1.2&nbsp;&nbsp;&nbsp;<U>Other Definitional Provisions</U>.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">29</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">1.3&nbsp;&nbsp;&nbsp;<U>Interest Rates; LIBOR Notification</U>.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">31</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">1.4&nbsp;&nbsp;&nbsp;<U>Divisions</U>.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">32</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -1in; padding-top: 12pt; padding-bottom: 12pt; padding-left: 1in">SECTION 2.&nbsp;&nbsp;&nbsp;AMOUNT AND TERMS OF PARTICIPATIONS</TD>
    <TD STYLE="text-align: right; padding-top: 12pt; padding-bottom: 12pt">32</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">2.1&nbsp;&nbsp;&nbsp;<U>Revolving Credit Loans</U>.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">32</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">2.2&nbsp;&nbsp;&nbsp;<U>Procedure for Loan Borrowing</U>.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">35</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">2.3&nbsp;&nbsp;&nbsp;<U>Fees, etc</U>.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">36</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">2.4&nbsp;&nbsp;&nbsp;<U>Termination or Reduction of Participations</U>.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">36</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">2.5&nbsp;&nbsp;&nbsp;<U>Prepayments</U>.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">37</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">2.6&nbsp;&nbsp;&nbsp;<U>Conversion and Continuation Options</U>.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">37</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">2.7&nbsp;&nbsp;&nbsp;<U>Limitations on Eurocurrency Borrowings</U>.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">38</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">2.8&nbsp;&nbsp;&nbsp;<U>Interest Rates and Payment Dates</U>.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">38</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">2.9&nbsp;&nbsp;&nbsp;<U>Computation of Interest and Fees</U>.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">39</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">2.10&nbsp;&nbsp;&nbsp;<U>Alternate Rate of Interest</U>.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">39</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">2.11&nbsp;&nbsp;&nbsp;<U>Pro Rata Treatment and Payments</U>.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">42</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">2.12&nbsp;&nbsp;&nbsp;<U>Requirements of Law</U>.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">44</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">2.13&nbsp;&nbsp;&nbsp;<U>Taxes</U>.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">45</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">2.14&nbsp;&nbsp;&nbsp;<U>Indemnity</U>.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">49</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">2.15&nbsp;&nbsp;&nbsp;<U>Change of Lending Office.</U></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">50</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">2.16&nbsp;&nbsp;&nbsp;<U>Illegality</U>.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">50</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">2.17&nbsp;&nbsp;&nbsp;<U>Replacement of Lenders</U>.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">50</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">2.18&nbsp;&nbsp;&nbsp;<U>Judgment Currency</U></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">51</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">2.19&nbsp;&nbsp;&nbsp;<U>Election of Approving Lenders to Continue Funding</U>.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">52</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -1in; padding-top: 12pt; padding-bottom: 12pt; padding-left: 1in">SECTION 3.&nbsp;&nbsp;&nbsp;REPRESENTATIONS AND WARRANTIES</TD>
    <TD STYLE="text-align: right; padding-top: 12pt; padding-bottom: 12pt">52</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">3.1&nbsp;&nbsp;&nbsp;<U>No Change</U>.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">52</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">3.2&nbsp;&nbsp;&nbsp;<U>Existence; Compliance with Law</U>.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">52</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">3.3&nbsp;&nbsp;&nbsp;<U>Power; Authorization; Enforceable Obligations</U>.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">53</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">3.4&nbsp;&nbsp;&nbsp;<U>No Legal Bar</U>.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">53</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">3.5&nbsp;&nbsp;&nbsp;<U>Litigation</U>.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">53</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">3.6&nbsp;&nbsp;&nbsp;<U>No Default</U>.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">53</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">3.7&nbsp;&nbsp;&nbsp;<U>Ownership of Property; Liens</U>.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">53</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">3.8&nbsp;&nbsp;&nbsp;<U>Taxes</U>.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">53</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">3.9&nbsp;&nbsp;&nbsp;<U>Federal Regulations</U>.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">54</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">3.10&nbsp;&nbsp;&nbsp;<U>Investment Company Act; Other Regulations</U>.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">54</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">3.11&nbsp;&nbsp;&nbsp;<U>No Subsidiaries</U>.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">54</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">3.12&nbsp;&nbsp;&nbsp;<U>Use of Proceeds</U>.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">54</TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

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<P STYLE="margin: 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%">
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt; width: 90%">3.13&nbsp;&nbsp;&nbsp;<U>Solvency</U>.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in; width: 10%">54</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">3.14&nbsp;&nbsp;&nbsp;<U>Limited Purpose</U>.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">54</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">3.15&nbsp;&nbsp;&nbsp;<U>Financial Condition; Beneficial Ownership Certification</U>.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">54</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">3.16&nbsp;&nbsp;&nbsp;<U>Financial Institutions</U>.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">55</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">3.17&nbsp;&nbsp;&nbsp;<U>Sanctions</U>.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">55</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -1in; padding-top: 12pt; padding-bottom: 12pt; padding-left: 1in">SECTION 4.&nbsp;&nbsp;&nbsp;CONDITIONS PRECEDENT</TD>
    <TD STYLE="text-align: right; padding-top: 12pt; padding-bottom: 12pt">55</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">4.1&nbsp;&nbsp;&nbsp;<U>Conditions to Effectiveness</U>.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">55</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">4.2&nbsp;&nbsp;&nbsp;<U>Conditions to Each Loan</U>.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">57</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -1in; padding-top: 12pt; padding-bottom: 12pt; padding-left: 1in">SECTION 5.&nbsp;&nbsp;&nbsp;COVENANTS</TD>
    <TD STYLE="text-align: right; padding-top: 12pt; padding-bottom: 12pt">58</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">5.1&nbsp;&nbsp;&nbsp;<U>Affirmative Covenants</U>.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">58</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">5.2&nbsp;&nbsp;&nbsp;<U>Negative Covenants</U>.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">61</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">5.3&nbsp;&nbsp;&nbsp;<U>Use of Websites</U>.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">64</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -1in; padding-top: 12pt; padding-bottom: 12pt; padding-left: 1in">SECTION 6.&nbsp;&nbsp;&nbsp;EVENTS OF DEFAULT</TD>
    <TD STYLE="text-align: right; padding-top: 12pt; padding-bottom: 12pt">65</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -1in; padding-top: 12pt; padding-bottom: 12pt; padding-left: 1in">SECTION 7.&nbsp;&nbsp;&nbsp;THE AGENTS</TD>
    <TD STYLE="text-align: right; padding-top: 12pt; padding-bottom: 12pt">68</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">7.1&nbsp;&nbsp;&nbsp;<U>Appointment</U>.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">68</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">7.2&nbsp;&nbsp;&nbsp;<U>Delegation of Duties</U>.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">68</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">7.3&nbsp;&nbsp;&nbsp;<U>Exculpatory Provisions</U>.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">69</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">7.4&nbsp;&nbsp;&nbsp;<U>Reliance by Administrative Agent</U>.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">69</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">7.5&nbsp;&nbsp;&nbsp;<U>Notice of Default</U>.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">69</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">7.6&nbsp;&nbsp;&nbsp;<U>Non-Reliance on Agents and Other Lenders</U>.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">70</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">7.7&nbsp;&nbsp;&nbsp;<U>Indemnification</U>.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">70</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">7.8&nbsp;&nbsp;&nbsp;<U>Agent in Its Individual Capacity</U>.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">71</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">7.9&nbsp;&nbsp;&nbsp;<U>Successor Administrative Agent</U>.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">71</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">7.10&nbsp;&nbsp;&nbsp;<U>Syndication Agent, Lead Arrangers, Bookrunners and Documentation Agents</U>.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">71</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">7.11&nbsp;&nbsp;&nbsp;<U>Agent Communications</U>.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">71</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">7.12&nbsp;&nbsp;&nbsp;<U>Certain ERISA Matters</U></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">72</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">7.13&nbsp;&nbsp;&nbsp;<U>Erroneous Payments</U>.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">73</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -1in; padding-top: 12pt; padding-bottom: 12pt; padding-left: 1in">SECTION 8.&nbsp;&nbsp;&nbsp;MISCELLANEOUS</TD>
    <TD STYLE="text-align: right; padding-top: 12pt; padding-bottom: 12pt">74</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">8.1&nbsp;&nbsp;&nbsp;<U>Amendments and Waivers</U>.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">74</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">8.2&nbsp;&nbsp;&nbsp;<U>Notices</U>.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">75</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">8.3&nbsp;&nbsp;&nbsp;<U>No Waiver; Cumulative Remedies</U>.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">76</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">8.4&nbsp;&nbsp;&nbsp;<U>Survival of Representations and Warranties</U>.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">76</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">8.5&nbsp;&nbsp;&nbsp;<U>Payment of Expenses and Taxes</U>.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">77</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">8.6&nbsp;&nbsp;&nbsp;<U>Successors and Assigns; Participations and Assignments</U>.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">78</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">8.7&nbsp;&nbsp;&nbsp;<U>Adjustments; Set&#45;off</U>.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">81</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">8.8&nbsp;&nbsp;&nbsp;<U>Counterparts; Electronic Signatures</U>.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">82</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">8.9&nbsp;&nbsp;&nbsp;<U>Severability</U>.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">83</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">8.10&nbsp;&nbsp;&nbsp;<U>Integration</U>.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">83</TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

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<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%">
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt; width: 90%">8.11&nbsp;&nbsp;&nbsp;<B><U>Governing Law</U>.</B></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in; width: 10%">83</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">8.12&nbsp;&nbsp;&nbsp;<U>Submission To Jurisdiction; Waivers</U>.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">83</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">8.13&nbsp;&nbsp;&nbsp;<U>Acknowledgements</U>.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">84</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">8.14&nbsp;&nbsp;&nbsp;<U>Confidentiality</U>.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">84</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">8.15&nbsp;&nbsp;&nbsp;<B><U>WAIVERS OF JURY TRIAL</U>.</B></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">85</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">8.16&nbsp;&nbsp;&nbsp;<U>No Bankruptcy Petition Against the Borrower; Liability of the Borrower</U>.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">85</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">8.17&nbsp;&nbsp;&nbsp;<U>Conversion of Approved Currencies into Dollars</U>.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">86</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">8.18&nbsp;&nbsp;&nbsp;<U>U.S.A. Patriot Act</U>.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">86</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -32.85pt; padding-top: 0in; padding-bottom: 0in; padding-left: 68.85pt">8.19&nbsp;&nbsp;&nbsp;<U>Acknowledgment and Consent to Bail-In of Affected Financial Institution</U>.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">86</TD></TR>
</TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt"><U>SCHEDULES</U>:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font-size: 10pt; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; padding-right: 5.4pt; padding-left: 5.4pt; font: 10pt Times New Roman, Times, Serif">1.1</TD>
    <TD STYLE="width: 86%; padding-right: 5.4pt; padding-left: 5.4pt; font: 10pt Times New Roman, Times, Serif">Participations</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">3.3</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">Consents, Authorizations, Filings and Notices</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt"><U>EXHIBITS</U>:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; padding-right: 5.4pt; padding-left: 5.4pt">A</TD>
    <TD STYLE="width: 86%; padding-right: 5.4pt; padding-left: 5.4pt">Form of Guaranty Agreement</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">B-1</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">Form of Borrower Responsible Officer&#8217;s Certificate</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">B-2</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">Form of Borrower Secretary Certificate</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">B-3</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">Form of Guarantor Responsible Officer&#8217;s Certificate</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">B-4</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">Form of Guarantor Secretary Certificate</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">C</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">Form of Assignment and Acceptance</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">D-1</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">Form of Legal Opinion of Reed Smith LLP</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">D-2</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">Form of Legal Opinion of Conyers Dill &amp; Pearman Limited</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">E</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">Form of Exemption Certificate</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">F</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">Form of Participation Increase Supplement</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">G</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">Form of Additional Lender Supplement</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">H</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">Form of Declining Lender Notice</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">REVOLVING CREDIT AGREEMENT
(as amended, supplemented or otherwise modified in accordance with the terms hereof and in effect from time to time, this &#8220;<U>Agreement</U>&#8221;),
dated as of July 16, 2021, among BUNGE LIMITED FINANCE CORP., a Delaware corporation (the &#8220;<U>Borrower</U>&#8221;), the several
banks and other financial institutions or entities from time to time parties to this Agreement (the &#8220;<U>Lenders</U>&#8221;), <FONT STYLE="text-transform: uppercase">Sumitomo
Mitsui Banking Corporation</FONT>, as syndication agent (the &#8220;<U>Syndication Agent</U>&#8221;), <FONT STYLE="text-transform: uppercase">BNP
Paribas</FONT>, CITIBANK, N.A., <FONT STYLE="text-transform: uppercase">Natixis, NEW YORK BRANCH </FONT>and U.S. BANK NATIONAL ASSOCIATION,
each as a documentation agent (each, a &#8220;<U>Documentation Agent</U>&#8221; and collectively, the &#8220;<U>Documentation Agents</U>&#8221;),
and <FONT STYLE="text-transform: uppercase">Co&ouml;peratieve Rabobank U.A., New York Branch</FONT>, as administrative agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">The parties hereto
hereby agree as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">SECTION 1.&nbsp;&nbsp;&nbsp;&nbsp;DEFINITIONS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">1.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Defined
Terms</U>.&nbsp;&nbsp;As used in this Agreement, the terms listed in this <U>Section&nbsp;1.1</U> shall have the respective meanings set
forth in this <U>Section 1.1</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>ABR</U>&#8221;:&nbsp;&nbsp;for
any day, a rate <I>per annum</I> equal to the greatest of (a) the Prime Rate in effect on such day, (b) the NYFRB Rate in effect on such
day plus &frac12; of 1% and (c) the Adjusted LIBO Rate for a one month Interest Period on such day (or if such day is not a Business Day,
the immediately preceding Business Day) plus 1%; <U>provided</U> that for the purpose of this definition, the Adjusted LIBO Rate for any
day shall be based on the LIBO Screen Rate (or if the LIBO Screen Rate is not available for such one month Interest Period, the Interpolated
Rate) at approximately 11:00 a.m. London time on such day.&nbsp;&nbsp;Any change in the ABR due to a change in the Prime Rate, the NYFRB
Rate or the Adjusted LIBO Rate shall be effective from and including the effective date of such change in the Prime Rate, the NYFRB Rate
or the Adjusted LIBO Rate, respectively.&nbsp;&nbsp;If the ABR is being used as an alternate rate of interest pursuant to <U>Section 2.10</U>
(for the avoidance of doubt, only until the Benchmark Replacement has been determined pursuant to Section 2.10 (b)), then the ABR shall
be the greater of clauses (a) and (b) above and shall be determined without reference to clause (c) above.&nbsp;&nbsp;For the avoidance
of doubt, if the ABR as determined pursuant to the foregoing would be less than 1.00%, such rate shall be deemed to be 1.00% for purposes
of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>ABR Conversion
Date</U>&#8221;:&nbsp;&nbsp;as defined in <U>Section 2.6(a)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>ABR Loans</U>&#8221;:&nbsp;&nbsp;Loans
the rate of interest applicable to which is based upon the ABR.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Act</U>&#8221;:&nbsp;&nbsp;as
defined in <U>Section 8.18</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Additional Lender</U>&#8221;:&nbsp;&nbsp;as
defined in <U>Section 2.1(b)(ii)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Additional Lender
Supplement</U>&#8221;:&nbsp;&nbsp;as defined in <U>Section 2.1(b)(ii)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Adjusted LIBO Rate</U>&#8221;:&nbsp;&nbsp;with
respect to any Eurocurrency Borrowing for any Interest Period, an interest rate per annum (rounded upwards, if necessary, to the next
1/16 of 1%) equal to (a) the LIBO Rate for such Interest Period multiplied by (b) the Statutory Reserve Rate.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Adjusted Total
Participations</U>&#8221;:&nbsp;&nbsp;as of any date, the sum of (i) the Total Participations <U>plus</U> (ii) the aggregate sum of all
then outstanding Loans of all Declining Lenders as of such date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Administrative
Agent</U>&#8221;:&nbsp;&nbsp;Co&ouml;peratieve Rabobank U.A., New York Branch, together with its Affiliates, as the arranger of the Participations
and as the administrative agent for the Lenders under this Agreement and the other Loan Documents, together with any of its successors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Affected Financial
Institution</U>&#8221;:&nbsp;&nbsp;(a) any EEA Financial Institution or (b) any UK Financial Institution.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Affiliate</U>&#8221;:&nbsp;&nbsp;with
respect to any specified Person, any other Person which, directly or indirectly, is in control of, is controlled by, or is under common
control with, such specified Person.&nbsp;&nbsp;For purposes of this definition &#8220;control&#8221; of a Person means the possession,
directly or indirectly, of the power to direct or cause the direction of the management and policies of such Person, whether through the
ownership of voting securities or otherwise, and the terms &#8220;controlling&#8221; and &#8220;controlled&#8221; have meanings correlative
to the foregoing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Agents</U>&#8221;:&nbsp;&nbsp;the
collective reference to the Syndication Agent, the Documentation Agents and the Administrative Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Agreement</U>&#8221;:&nbsp;&nbsp;as
defined in the preamble hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Agreement Currency</U>&#8221;:&nbsp;&nbsp;as
defined in <U>Section 2.18(b)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: justify; text-indent: 1in">&#8220;<U>Annex X</U>&#8221;:&nbsp;&nbsp;Annex
X (as amended, supplemented or otherwise modified and in effect from time to time) attached to the Pooling Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Applicable Creditor</U>&#8221;:&nbsp;&nbsp;as
defined in <U>Section 2.18(b)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Applicable Margin</U>&#8221;:&nbsp;&nbsp;the
per annum rate set forth in the applicable row of the table below:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="font: 10pt Times New Roman, Times, Serif; width: 60%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 39%; border-top: black 4.5pt double; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 4.5pt double; padding-top: 2.15pt; padding-right: 0.7pt; padding-left: 0.7pt; text-align: center">Rating</TD>
    <TD STYLE="width: 61%; border-top: black 4.5pt double; border-right: black 4.5pt double; border-bottom: black 1pt solid; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0.1in; text-align: center">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0.1in; text-align: center">Spread</P></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-right: black 1pt solid; border-left: black 4.5pt double; border-bottom: black 1pt solid; padding-right: 2.9pt; padding-left: 0.1in; text-align: justify">Level I</TD>
    <TD STYLE="vertical-align: top; border-right: black 4.5pt double; border-bottom: black 1pt solid; padding-right: 2.15pt; padding-left: 2.15pt; text-align: right">0.55%</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-right: black 1pt solid; border-left: black 4.5pt double; border-bottom: black 1pt solid; padding-right: 2.9pt; padding-left: 0.1in; text-align: justify">Level II</TD>
    <TD STYLE="vertical-align: top; border-right: black 4.5pt double; border-bottom: black 1pt solid; padding-right: 2.15pt; padding-left: 2.15pt; text-align: right">0.65%</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-right: black 1pt solid; border-left: black 4.5pt double; border-bottom: black 1pt solid; padding-right: 2.9pt; padding-left: 0.1in; text-align: justify">Level III</TD>
    <TD STYLE="vertical-align: top; border-right: black 4.5pt double; border-bottom: black 1pt solid; padding-right: 2.15pt; padding-left: 2.15pt; text-align: right">0.75%</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-right: black 1pt solid; border-left: black 4.5pt double; border-bottom: black 1pt solid; padding-right: 2.9pt; padding-left: 0.1in; text-align: justify">Level IV</TD>
    <TD STYLE="vertical-align: top; border-right: black 4.5pt double; border-bottom: black 1pt solid; padding-right: 2.15pt; padding-left: 2.15pt; text-align: right">0.85%</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-right: black 1pt solid; border-left: black 4.5pt double; border-bottom: Black 4.5pt double; padding-right: 2.9pt; padding-left: 0.1in; text-align: justify">Level V</TD>
    <TD STYLE="vertical-align: top; border-right: black 4.5pt double; border-bottom: Black 4.5pt double; padding-right: 2.15pt; padding-left: 2.15pt; text-align: right">1.00%</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: justify; text-indent: 1in">&#8220;<U>Applicable Moody&#8217;s
Rating</U>&#8221;:&nbsp;&nbsp;the senior long-term unsecured debt rating that Moody&#8217;s provides of (i) the Guarantor or (ii) if Moody&#8217;s
does not provide such a rating of the Guarantor, then the Master Trust or (iii) if Moody&#8217;s does not provide such a rating of the
Guarantor or the Master Trust, then the Borrower.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Applicable S&amp;P
Rating</U>&#8221;:&nbsp;&nbsp;the senior long-term unsecured debt rating that S&amp;P provides of (i) the Guarantor or (ii) if S&amp;P
does not provide such a rating of the Guarantor, then the Master Trust or (iii) if S&amp;P does not provide such a rating of the Guarantor
or the Master Trust, then the Borrower.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Approving Lender</U>&#8221;:&nbsp;&nbsp;as
defined in <U>Section 2.19</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Assignee</U>&#8221;:&nbsp;&nbsp;as
defined in <U>Section 8.6(c)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Assignment and
Acceptance</U>&#8221;:&nbsp;&nbsp;an Assignment and Acceptance, substantially in the form of <U>Exhibit C</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Assignor</U>&#8221;:&nbsp;&nbsp;as
defined in <U>Section 8.6(c)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Available Participation</U>&#8221;:&nbsp;&nbsp;as
to any Lender at any time, an amount equal to such Lender&#8217;s Participation then in effect <U>minus:</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in"><U>(a)</U> the principal
amount of its outstanding Loans on such date; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">(b) for purposes of <U>Section
2.2</U> only, in relation to any proposed borrowing or Loan, the principal amount of any Loans that are due to be made by such Lender
on or before the proposed Borrowing Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Available Tenor</U>&#8221;:&nbsp;&nbsp;as
of any date of determination and with respect to the then-current Benchmark, as applicable, any tenor for such Benchmark (or component
thereof) or payment period for interest calculated with reference to such Benchmark (or component thereof), as applicable, that is or
may be used for determining the length of an Interest Period for any term rate or otherwise, for determining any frequency of making payments
of interest calculated pursuant to this Agreement as of such date and not including, for the avoidance of doubt, any tenor for such Benchmark
that is then-removed from the definition of &#8220;Interest Period&#8221; pursuant to <U>Section 2.10(f)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>BAFC</U>&#8221;:&nbsp;&nbsp;Bunge
Asset Funding Corp., a Delaware corporation, and its successors and permitted assigns.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Bail-In Action</U>&#8221;:&nbsp;&nbsp;the
exercise of any Write-Down and Conversion Powers by the applicable Resolution Authority in respect of any liability of an Affected Financial
Institution.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Bail-In Legislation</U>&#8221;:&nbsp;&nbsp;(a)
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, regulation, rule or requirement for such EEA Member Country from time to time which is described
in the EU Bail-In Legislation Schedule and (b) with respect to the United Kingdom, Part I of the United Kingdom Banking Act 2009 (as amended
from time to time) and any other law, regulation or rule applicable in the United Kingdom relating to the resolution of unsound or failing
banks, investment firms or other financial institutions or their affiliates (other than through liquidation, administration or other insolvency
proceedings).</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Basel III</U>&#8221;:&nbsp;&nbsp;(a)
the agreements on capital requirements, a leverage ratio and liquidity standards contained in &#8220;Basel III:&nbsp;&nbsp;A global regulatory
framework for more resilient banks and banking systems&#8221;, &#8220;Basel III:&nbsp;&nbsp;International framework for liquidity risk
measurement, standards and monitoring&#8221; and &#8220;Guidance for national authorities operating the countercyclical capital buffer&#8221;
published by the Basel Committee on Banking Supervision on December 16, 2010, each as amended, supplemented or restated; (b) the rules
for systemically important banks contained in &#8220;Global systemically important banks:&nbsp;&nbsp;assessment methodology and the additional
loss absorbency requirement &#8211; Rules text&#8221; published by the Basel Committee on Banking Supervision in November 2011, as amended,
supplemented or restated; and (c) any further guidance or standards published by the Basel Committee on Banking Supervision relating to
&#8220;Basel III.&#8221;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Benchmark</U>&#8221;:&nbsp;&nbsp;initially,
the LIBO Rate; <U>provided</U>, <U>however</U>, that if a Benchmark Transition Event, a Term SOFR Transition Event, an Early Opt-in Election
or an Other Benchmark Rate Election, as applicable, and its related Benchmark Replacement Date has occurred with respect to the LIBO Rate
or the then-current Benchmark, then &#8220;Benchmark&#8221; shall mean the applicable Benchmark Replacement to the extent that such Benchmark
Replacement has replaced such prior benchmark rate pursuant to <U>Section 2.10(b)</U> or <U>Section 2.10(c)</U>, as applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Benchmark Replacement</U>&#8221;:&nbsp;&nbsp;for
any Available Tenor, the first alternative set forth in the order below that can be determined by the Administrative Agent for the applicable
Benchmark Replacement Date; <U>provided</U> that, in the case of an Other Benchmark Rate Election, the &#8220;Benchmark Replacement&#8221;
shall mean the alternative set forth in (3) below:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">(1) the sum of:&nbsp;&nbsp;(a)
Term SOFR and (b) the related Benchmark Replacement Adjustment;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">(2) the sum of:&nbsp;&nbsp;(a)
Daily Simple SOFR and (b) the related Benchmark Replacement Adjustment; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">(3) the sum of:&nbsp;&nbsp;(a)
the alternate benchmark rate that has been selected by the Administrative Agent and the Borrower as the replacement for the then-current
Benchmark for the applicable Corresponding Tenor giving due consideration to (i) any selection or recommendation of a replacement benchmark
rate or the mechanism for determining such a rate by the Relevant Governmental Body or (ii) any evolving or then-prevailing market convention
for determining a benchmark rate as a replacement for the then-current Benchmark for Dollar-denominated syndicated credit facilities at
such time and (b) the related Benchmark Replacement Adjustment;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in"><U>provided</U> that,
in the case of clause (1), such Unadjusted Benchmark Replacement is displayed on a screen or other information service that publishes
such rate from time to time as selected by the Administrative Agent in its reasonable discretion; <U>provided</U>&nbsp;<U>further</U>&nbsp;that,
in the case of clause (3), when such clause is used to determine the Benchmark Replacement in connection with the occurrence of
an Other Benchmark Rate Election, the alternate benchmark rate selected by the Administrative Agent and the Borrower shall be
the term benchmark rate that is used in lieu of a LIBOR-based rate in the relevant other syndicated credit facilities; <U>provided</U>&nbsp;<U>further
</U>that, notwithstanding anything to the contrary in this Agreement or in any other Loan Document, upon the occurrence of a Term
SOFR Transition Event, and the delivery of a Term SOFR Notice, on the applicable Benchmark Replacement Date the &#8220;Benchmark
Replacement&#8221; shall revert to and shall be deemed to be the sum of (a) Term SOFR and (b) the related Benchmark Replacement
Adjustment, as set forth in clause (1) of this definition (subject to the first proviso above).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">If the Benchmark Replacement
as determined pursuant to clause (1), (2) or (3) above would be less than the Floor, the Benchmark Replacement will be deemed to be the
Floor for the purposes of this Agreement and the other Loan Documents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Benchmark Replacement
Adjustment</U>&#8221;:&nbsp;&nbsp;with respect to any replacement of the then-current Benchmark with an Unadjusted Benchmark Replacement
for any applicable Interest Period and Available Tenor for any setting of such Unadjusted Benchmark Replacement:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">(1)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;for
purposes of clauses (1) and (2) of the definition of &#8220;Benchmark Replacement,&#8221; the first alternative set forth in the order
below that can be determined by the Administrative Agent:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
spread adjustment, or method for calculating or determining such spread adjustment, (which may be a positive or negative value or zero)
as of the Reference Time such Benchmark Replacement is first set for such Interest Period that has been selected or recommended by the
Relevant Governmental Body for the replacement of such Benchmark with the applicable Unadjusted Benchmark Replacement for the applicable
Corresponding Tenor; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
spread adjustment (which may be a positive or negative value or zero) as of the Reference Time such Benchmark Replacement is first set
for such Interest Period that would apply to the fallback rate for a derivative transaction referencing the ISDA Definitions to be effective
upon an index cessation event with respect to such Benchmark for the applicable Corresponding Tenor; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">(2) for purposes of clause
(3) of the definition of &#8220;Benchmark Replacement,&#8221; the spread adjustment, or method for calculating or determining such spread
adjustment, (which may be a positive or negative value or zero) that has been selected by the Administrative Agent and the Borrower for
the applicable Corresponding Tenor giving due consideration to (i) any selection or recommendation of a spread adjustment, or method for
calculating or determining such spread adjustment, for the replacement of such Benchmark with the applicable Unadjusted Benchmark Replacement
by the Relevant Governmental Body on the applicable Benchmark Replacement Date and/or (ii) any evolving or then-prevailing market convention
for determining a spread adjustment, or method for calculating or determining such spread adjustment, for the replacement of such Benchmark
with the applicable Unadjusted Benchmark Replacement for Dollar-denominated syndicated credit facilities; <U>provided</U> that, in the
case of clause (1) above, such adjustment is displayed on a screen or other information service that publishes such Benchmark Replacement
Adjustment from time to time as selected by the Administrative Agent in its reasonable discretion.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Benchmark Replacement
Conforming Changes</U>&#8221;:&nbsp;&nbsp;with respect to any Benchmark Replacement, any technical, administrative or operational changes
(including changes to the definition of &#8220;ABR,&#8221; the definition of &#8220;Business Day,&#8221; the definition of &#8220;Interest
Period,&#8221; timing and frequency of determining rates and making payments of interest, timing of borrowing requests or prepayment,
conversion or continuation notices, length of lookback periods, the applicability of breakage provisions, and other technical, administrative
or operational matters) that the Administrative Agent decides may be appropriate to reflect the adoption and implementation of such Benchmark
Replacement and to permit the administration thereof by the Administrative Agent in a manner substantially consistent with market practice
(or, if the Administrative Agent decides that adoption of any portion of such market practice is not administratively feasible or if the
Administrative Agent determines that no market practice for the administration of such Benchmark Replacement exists, in such other manner
of administration as the Administrative Agent decides is reasonably necessary in connection with the administration of this Agreement
and the other Loan Documents).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Benchmark Replacement
Date</U>&#8221;:&nbsp;&nbsp;with respect to any Benchmark, the earliest to occur of the following events with respect to such then-current
Benchmark:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">(1) in the case of clause
(1) or (2) of the definition of &#8220;Benchmark Transition Event,&#8221; the later of (a) the date of the public statement or publication
of information referenced therein and (b) the date on which the administrator of such Benchmark (or the published component used in the
calculation thereof) permanently or indefinitely ceases to provide all Available Tenors of such Benchmark (or such component thereof);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">(2) in the case of clause
(3) of the definition of &#8220;Benchmark Transition Event,&#8221; the first date on which such Benchmark (or the published component
used in the calculation thereof) has been determined and announced by the regulatory supervisor for the administrator of such Benchmark
(or such component thereof) to be no longer representative; <U>provided</U>, that such non-representativeness will be determined by reference
to the most recent of the public statement or publication of information referenced therein in such clause (3) and even if any Available
Tenor of such Benchmark (or such component thereof) continues to be provided on such date;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">(3) in the case of a Term
SOFR Transition Event, the Term SOFR Transition Event Effective Date; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">(4) in the case of an Early
Opt-in Election or an Other Benchmark Rate Election, the sixth (6th) Business Day after the date notice of such Early Opt-in Election
or Other Benchmark Rate Election, as applicable, is provided to the Lenders, so long as the Administrative Agent has not received, by
5:00 p.m. (New York City time) on the fifth (5th) Business Day after the date notice of such Early Opt-in Election or Other Benchmark
Rate Election, as applicable, is provided to the Lenders, written notice of objection to such Early Opt-in Election or Other Benchmark
Rate Election, as applicable, from Lenders comprising the Required Lenders.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">For the avoidance of doubt,
(i) if the event giving rise to the Benchmark Replacement Date occurs on the same day as, but earlier than, the Reference Time in respect
of any determination, the Benchmark Replacement Date will be deemed to have occurred prior to the Reference Time for such determination
and (ii) the &#8220;Benchmark Replacement Date&#8221; will be deemed to have occurred in the case of clause (1) or (2) with respect to
any Benchmark upon the occurrence of the applicable event or events set forth therein with respect to all then-current Available Tenors
of such Benchmark (or the published component used in the calculation thereof).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Benchmark Transition
Event</U>&#8221;:&nbsp;&nbsp;with respect to any Benchmark, the occurrence of one or more of the following events with respect to such
then-current Benchmark:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">(1) a public statement or
publication of information by or on behalf of the administrator of such Benchmark (or the published component used in the calculation
thereof) announcing that such administrator has ceased or will cease to provide all Available Tenors of such Benchmark (or such component
thereof), permanently or indefinitely, <U>provided</U> that, at the time of such statement or publication, there is no successor administrator
that will continue to provide any Available Tenor of such Benchmark (or such component thereof);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">(2) a public statement or
publication of information by the regulatory supervisor for the administrator of such Benchmark (or the published component used in the
calculation thereof), the Board of Governors of the Federal Reserve System, the Federal Reserve Bank of New York, an insolvency official
with jurisdiction over the administrator for such Benchmark (or such component), a resolution authority with jurisdiction over the administrator
for such Benchmark (or such component) or a court or an entity with similar insolvency or resolution authority over the administrator
for such Benchmark (or such component), in each case, which states that the administrator of such Benchmark (or such component) has ceased
or will cease to provide all Available Tenors of such Benchmark (or such component thereof) permanently or indefinitely, provided that,
at the time of such statement or publication, there is no successor administrator that will continue to provide any Available Tenor of
such Benchmark (or such component thereof); or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">(3) a public statement or
publication of information by the regulatory supervisor for the administrator of such Benchmark (or the published component used in the
calculation thereof) announcing that all Available Tenors of such Benchmark (or such component thereof) are no longer, or as of a specified
future date will no longer be, representative.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">For the avoidance of doubt,
a &#8220;Benchmark Transition Event&#8221; will be deemed to have occurred with respect to any Benchmark if a public statement or publication
of information set forth above has occurred with respect to each then-current Available Tenor of such Benchmark (or the published component
used in the calculation thereof).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Benchmark Unavailability
Period</U>&#8221;:&nbsp;&nbsp;with respect to any Benchmark, the period (if any) (x) beginning at the time that a Benchmark Replacement
Date pursuant to clauses (1) or (2) of that definition has occurred if, at such time, no Benchmark Replacement has replaced such then-current
Benchmark for all purposes hereunder and under any Loan Document in accordance with <U>Section 2.10</U> and (y) ending at the time that
a Benchmark Replacement has replaced the then-current Benchmark for all purposes hereunder and under any Loan Document in accordance with
<U>Section 2.10</U>.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Beneficial Ownership
Certification</U>&#8221;:&nbsp;&nbsp;a certification regarding beneficial ownership or control as required by the Beneficial Ownership
Regulation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Beneficial Ownership
Regulation</U>&#8221;:&nbsp;&nbsp;31 C.F.R. &sect; 1010.230.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Benefit Plan</U>&#8221;:&nbsp;&nbsp;any
of (a) an &#8220;employee benefit plan&#8221; (as defined in Section 3(3) of ERISA) that is subject to Title I of ERISA, (b) a &#8220;plan&#8221;
as defined in Section 4975 of the Code to which Section 4975 of the Code applies, and (c) any Person whose assets include (for purposes
of the Plan Asset Regulations or otherwise for purposes of Title I of ERISA or Section 4975 of the Code) the assets of any such &#8220;employee
benefit plan&#8221; or &#8220;plan&#8221;.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Benefitted Lender</U>&#8221;:&nbsp;&nbsp;as
defined in <U>Section 8.7(a)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>BFE</U>&#8221;:&nbsp;&nbsp;Bunge
Finance Europe B.V., a company organized under the laws of The Netherlands, and its successors and permitted assigns.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Blocking Regulation</U>&#8221;:&nbsp;&nbsp;as
defined in <U>Section 3.17</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Board of Directors</U>&#8221;:&nbsp;&nbsp;with
respect to any Person, the board of directors of such Person or any duly authorized committee thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Borrower</U>&#8221;:&nbsp;&nbsp;as
defined in the preamble hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Borrower Account</U>&#8221;:&nbsp;&nbsp;any
account established by or for the Borrower, other than the Series 2002-1 Collection Subaccount (or any sub-subaccount thereof), for the
purpose of depositing funds borrowed hereunder or under any Pari Passu Indebtedness, any amounts paid pursuant to the Series 2002-1 VFC
and all amounts received with respect to Hedge Agreements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Borrower Permitted
Lien</U>&#8221;:&nbsp;&nbsp;Liens for current taxes, assessments or other governmental charges which are not delinquent or remain payable
without any penalty, or the validity of which is contested in good faith by appropriate proceedings upon stay of execution of the enforcement
thereof or upon posting a bond in connection therewith and reserves to the extent required by GAAP with respect thereto have been provided
on the books of the Borrower.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Borrowing</U>&#8221;:&nbsp;&nbsp;Loans
of the same Type and currency, made, converted or continued on the same date to the Borrower and, in the case of Eurocurrency Loans, as
to which a single Interest Period is in effect.&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Borrowing Date</U>&#8221;:&nbsp;&nbsp;any
Business Day specified by the Borrower as a date on which the Borrower requests the Lenders to make Loans hereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Borrowing Notice</U>&#8221;:&nbsp;&nbsp;as
defined in <U>Section 2.2(a)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Borrowing Time</U>&#8221;:&nbsp;&nbsp;as
defined in <U>Section 2.2(c)</U>.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Bunge Funding</U>&#8221;:&nbsp;&nbsp;Bunge
Funding, Inc., a Delaware corporation, and its successors and permitted assigns.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Business Day</U>&#8221;:&nbsp;&nbsp;a
day other than a Saturday, Sunday or other day on which commercial banks in New York City are authorized or required by law to close,
<U>provided</U>, that with respect to notices and determinations in connection with, and payments of principal and interest on, Eurocurrency
Loans, the term &#8220;Business Day&#8221; shall also exclude any day on which banks are not open for dealings in deposits in the currency
in which such Eurocurrency Loan is denominated in the London interbank market.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Capital Stock</U>&#8221;:&nbsp;&nbsp;with
respect to any Person, any and all shares, interests, rights to purchase, warrants, options (whether or not currently exercisable), participations
or other equivalents of or interests in (however designated) the equity (which includes, but is not limited to, common stock or shares,
preferred stock or shares and partnership and joint venture interests) of such Person (excluding any debt securities convertible into,
or exchangeable for, such equity).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Change in Control</U>&#8221;:&nbsp;&nbsp;the
occurrence of any of the following:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">(1)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Guarantor becomes aware (by way of a report or any other filing pursuant to Section 13(d) of the Exchange Act, proxy, vote, written notice
or otherwise) of the acquisition by any Person or group (within the meaning of Section 13(d)(3) or Section 14(d)(2) of the Exchange Act,
or any successor provision), including any group acting for the purpose of acquiring, holding or disposing of securities (within the meaning
of Rule 13d-5(b)(1) under the Exchange Act), in a single transaction or in a related series of transactions, by way of merger, consolidation
or other business combination, of 50% or more of the total voting power of the Voting Stock of the Guarantor then outstanding;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">(2)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
sale, lease or transfer, in one or a series of related transactions, of all or substantially all of the assets of the Guarantor and its
Subsidiaries, taken as a whole, to any Person that is not a Subsidiary of the Guarantor; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">(3)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
first day on which a majority of the members of the Guarantor&#8217;s Board of Directors are not Continuing Directors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Change in Law</U>&#8221;:&nbsp;&nbsp;as
defined in <U>Section 2.12(a)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Closing Date</U>&#8221;:&nbsp;&nbsp;the
date on which the conditions precedent set forth in <U>Section 4.1</U> shall have been satisfied, which date is July 16, 2021.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Code</U>&#8221;:&nbsp;&nbsp;the
United States Internal Revenue Code of 1986, as amended from time to time, and the rules and regulations promulgated thereunder from time
to time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: justify; text-indent: 1in">&#8220;<U>Conduit Lender</U>&#8221;:&nbsp;&nbsp;any
special purpose corporation organized and administered by any Lender for the purpose of making Loans otherwise required to be made by
such Lender and designated by such Lender in a written instrument; <U>provided</U>, that the designation by any Lender of a Conduit Lender
shall not relieve the designating Lender of any of its obligations to fund a Loan under this Agreement if, for any reason, its Conduit
Lender fails to fund any such Loan, and the designating Lender (and not the Conduit Lender) shall have the sole right and responsibility
to deliver all consents and waivers required or requested under this Agreement with respect to its Conduit Lender, and <U>provided</U>,
<U>further</U>, that no Conduit Lender shall (a) be entitled to receive any greater amount pursuant to <U>Section 2.12</U>, <U>2.13</U>,
<U>2.14</U> or <U>8.5</U> than the designating Lender would have been entitled to receive in respect of the extensions of credit made
by such Conduit Lender or (b) be deemed to have any Participation.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Connection Income
Taxes</U>&#8221;:&nbsp;&nbsp;Other Connection Taxes that are imposed on or measured by net income (however denominated) or that are franchise
Taxes or branch profits Taxes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Continuation Date</U>&#8221;:&nbsp;&nbsp;as
defined in <U>Section 2.6(b)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Continuing Directors</U>&#8221;:&nbsp;&nbsp;as
of any date of determination, any member of the Board of Directors of the Guarantor who (a) was a member of such Board of Directors on
the Closing Date; or (b) was nominated for election, appointed or elected to such Board of Directors with the approval of a majority of
the Continuing Directors who were members of such Board of Directors at the time of such nomination or election (either by a specific
vote or by approval of the Guarantor&#8217;s proxy statement in which such member was named as a nominee for election as a director).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Contractual Obligation</U>&#8221;:&nbsp;&nbsp;as
to any Person, any provision of any security issued by such Person or of any agreement, instrument or other undertaking to which such
Person is a party or by which it or any of its property is bound.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: justify; text-indent: 1in">&#8220;<U>Conversion to Approving
Lenders Date</U>&#8221;:&nbsp;&nbsp;with respect to any Declining Lender Notice, the Business Day on which the Administrative Agent receives
such Declining Lender Notice; <U>provided</U> that if the Administrative Agent receives a Declining Lender Notice (x)&nbsp;after the time
specified in <U>Section 2.19</U> or (y)&nbsp;on any day that is not a Business Day, in the case of each clause&nbsp;(x) and (y), the &#8220;Conversion
to Approving Lenders Date&#8221; for such Declining Lender Notice shall be deemed to be the immediately succeeding Business Day.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Corresponding Tenor</U>&#8221;:&nbsp;&nbsp;with
respect to any Available Tenor, as applicable, either a tenor (including overnight) or an interest payment period having approximately
the same length (disregarding business day adjustment) as such Available Tenor.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Daily Report</U>&#8221;:&nbsp;&nbsp;a
report prepared by the Servicer on each Business Day required pursuant to <U>Section 4.01</U> of the Servicing Agreement or <U>Section
5.1(o)</U> of this Agreement, in substantially the form of <U>Exhibit B</U> attached to the Series 2002-1 Supplement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Daily Simple SOFR</U>&#8221;:&nbsp;&nbsp;for
any day, SOFR, with the conventions for this rate (which may include a lookback) being established by the Administrative Agent in accordance
with the conventions for this rate selected or recommended by the Relevant Governmental Body for determining &#8220;Daily Simple SOFR&#8221;
for business loans; <U>provided</U>, that if the Administrative Agent decides that any such convention is not administratively feasible
for the Administrative Agent, then the Administrative Agent may establish another convention in its reasonable discretion.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Declining Lender</U>&#8221;
and &#8220;<U>Declining Lenders</U>&#8221;:&nbsp;&nbsp;as defined in <U>Section 2.19</U>.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Declining Lender
Notice</U>&#8221;:&nbsp;&nbsp;a notice substantially in the form of <U>Exhibit H</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: justify; text-indent: 1in">&#8220;<U>Default</U>&#8221;:&nbsp;&nbsp;any
of the events specified in <U>Section&nbsp;6</U>, whether or not any requirement for the giving of notice, the lapse of time, or both,
has been satisfied.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Defaulted Loan</U>&#8221;:&nbsp;&nbsp;any
Purchased Loan with respect to which the related Obligor or the Guarantor has failed to make any payment due and owing (whether at the
stated maturity, by acceleration or otherwise) for a period of at least eight (8) days or more.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Defaulting Lender</U>&#8221;:&nbsp;&nbsp;any
Lender that (a) has failed to fund any portion of its Loans required to be funded by it hereunder within three (3) Business Days of the
date required to be funded by it hereunder (unless such Lender has indicated in writing to the Borrower or by public statement that such
position is based on such Lender&#8217;s good faith determination that a condition precedent to funding a Loan under this Agreement cannot
be satisfied), (b) has notified the Borrower or the Administrative Agent in writing that it does not intend to comply with any of its
funding obligations under this Agreement or has made a public statement to the effect that it does not intend to comply with its funding
obligations under this Agreement (unless such writing or public statement indicates that such position is based on such Lender&#8217;s
good faith determination that a condition precedent to funding a Loan under this Agreement cannot be satisfied), (c) has otherwise failed
to pay over to the Administrative Agent any other amount required to be paid by it hereunder within three (3) Business Days of the date
when due, unless the subject of a good faith dispute, or (d) has become the subject of a bankruptcy or insolvency proceeding, or has had
a receiver, conservator, trustee or custodian appointed for it, or has indicated its consent to, approval of or acquiescence in any such
proceeding or appointment or has become the subject of a Bail-In Action; <U>provided</U>, that a Lender shall not become a &#8220;Defaulting
Lender&#8221; solely as a result of the acquisition or maintenance of an ownership interest in such Lender or Person controlling such
Lender or the exercise of control over a Lender or Person controlling such Lender by a Governmental Authority or instrumentality thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Delinquent Loan</U>&#8221;:&nbsp;&nbsp;any
Purchased Loan (a) with respect to which the related Obligor or the Guarantor has failed to make any payment due and owing (whether at
the stated maturity, by acceleration or otherwise) for a period of at least one (1) day but not greater than seven (7) days or (b) as
to which an Insolvency Event has occurred with respect to the related Obligor.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Designated Obligors</U>&#8221;:&nbsp;&nbsp;the
Guarantor and the Subsidiaries of the Guarantor set forth on Schedule IV to the Guaranty Agreement (and their successors) and any other
Subsidiaries of the Guarantor designated by the Guarantor from time to time that satisfy the conditions set forth in the definition of
&#8220;Eligible Obligor&#8221; in Annex X to the Pooling Agreement.&nbsp;&nbsp;Notwithstanding the immediately preceding sentence, with
the prior written consent of the Required Lenders (which consent shall not be unreasonably withheld), the Guarantor may from time to time
identify the Guarantor and certain Subsidiaries that shall not be classified as Designated Obligors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Designated Website</U>&#8221;:&nbsp;&nbsp;as
defined in <U>Section 5.3(a)</U>.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Dollar Equivalent</U>&#8221;:&nbsp;&nbsp;on
any date of determination (a) with respect to any amount denominated in Dollars, such amount and (b) with respect to any amount denominated
in any Master Trust Approved Currency other than Dollars, the equivalent in Dollars of such amount, determined by the Administrative Agent
pursuant to <U>Section 1.2(e)</U> using the Rate of Exchange with respect to such currency on such date in effect under the provisions
of such Section.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Dollars</U>&#8221;
and &#8220;<U>$</U>&#8221;:&nbsp;&nbsp;dollars in lawful currency of the United States.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Early Opt-in Election</U>&#8221;:&nbsp;&nbsp;if
the then-current Benchmark is LIBO Rate, the occurrence of:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(1)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a
notification by the Administrative Agent to (or the request by the Borrower to the Administrative Agent to notify) each of the other parties
hereto that at least five currently outstanding Dollar-denominated syndicated credit facilities at such time contain (as a result of amendment
or as originally executed) a SOFR-based rate (including SOFR, a term SOFR or any other rate based upon SOFR) as a benchmark rate (and
such syndicated credit facilities are identified in such notice and are publicly available for review), and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(2)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
joint election by the Administrative Agent and the Borrower to trigger a fallback from LIBO Rate and the provision, as applicable, by
the Administrative Agent of written notice of such election to the Borrower and the Lenders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>EEA Financial Institution</U>&#8221;:&nbsp;&nbsp;(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 <U>clause (a)</U> of this
definition, or (c) any institution established in an EEA Member Country which is a subsidiary of an institution described in <U>clauses
(a)</U> or <U>(b)</U> of this definition and is subject to consolidated supervision with its parent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>EEA Member Country</U>&#8221;:&nbsp;&nbsp;any
of the member states of the European Union, Iceland, Liechtenstein and Norway.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>EEA Resolution
Authority</U>&#8221;:&nbsp;&nbsp;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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Electronic Signature</U>&#8221;:&nbsp;&nbsp;an
electronic sound, symbol, or process attached to, or associated with, a contract or other record and adopted by a Person with the intent
to sign, authenticate or accept such contract or record.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>EMU Legislation</U>&#8221;:&nbsp;&nbsp;the
legislative measures of the European Council for the introduction of, change over to or operation of a single unified European currency.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Environmental Laws</U>&#8221;:&nbsp;&nbsp;any
and all foreign, Federal, state, local or municipal laws, rules, orders, regulations, statutes, ordinances, codes, decrees, requirements
of any Governmental Authority or other Requirements of Law (including common law) regulating, relating to or imposing liability or standards
of conduct concerning protection of human health or the environment, as now or may at any time hereafter be in effect.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>ERISA</U>&#8221;:&nbsp;&nbsp;the
Employee Retirement Income Security Act of 1974, as amended from time to time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>ERISA Affiliate</U>&#8221;:&nbsp;&nbsp;with
respect to any Person, any trade or business (whether or not incorporated) that is a member of a group of which such Person is a member
and which is treated as a single employer under Section 414 of the Code.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>ERISA Event</U>&#8221;:&nbsp;&nbsp;(a)
(i) the occurrence of a reportable event, within the meaning of Section 4043 of ERISA, with respect to any Plan unless the 30-day notice
requirement with respect to such event has been waived by the PBGC or (ii) the requirements of Section 4043(b) of ERISA apply with respect
to a contributing sponsor, as defined in Section 4001(a)(13) of ERISA, of a Plan, and an event described in paragraph (9), (10), (11),
(12) or (13) of Section 4043(c) of ERISA is reasonably expected to occur with respect to such Plan within the following thirty (30) days;
(b) any failure by any Plan to satisfy the minimum funding standards (within the meaning of Section 412 of the Code or Section 302 of
ERISA) applicable to such Plan, whether or not waived, the filing of an application for a minimum funding waiver with respect to a Plan,
or the failure to make by its due date a required installment under Section 430(j) of the Code with respect to any Plan or the failure
by the Borrower or any of its ERISA Affiliates to make any required contribution to a Multiemployer Plan; (c) the provision by the administrator
of any Plan of a notice of intent to terminate such Plan, pursuant to Section 4041(a)(2) of ERISA (including any such notice with respect
to a plan amendment referred to in Section 4041(e) of ERISA) or the incurrence of any liability under Title IV of ERISA with respect to
the termination of any Plan; (d) the cessation of operations at a facility of the Borrower or any of its ERISA Affiliates in the circumstances
described in Section 4062(e) of ERISA; (e) the withdrawal by the Borrower or any of its ERISA Affiliates from a Multiple Employer Plan
during a plan year for which it was a substantial employer, as defined in Section 4001(a)(2) of ERISA; (f) the conditions for imposition
of a lien under Section 303(k) of ERISA shall have been met with respect to any Plan; (g) the adoption of an amendment to a Plan which
could result in the posting of a bond or other security; (h) the institution by the PBGC of proceedings to terminate a Plan pursuant to
Section 4042 of ERISA, or the occurrence of any event or condition described in Section 4042 of ERISA that constitutes grounds for the
termination of, or the appointment of a trustee to administer, such Plan; (i) a determination that any Plan is, or is expected to be,
in &#8220;at risk&#8221; status, within the meaning of Section 430 of the Code; or (j) the receipt by the Borrower or any of its ERISA
Affiliates of a determination that a Multiemployer Plan is in endangered or critical status, within the meaning of Section 432 of the
Code or Section 305 of ERISA.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>EU Bail-In Legislation
Schedule</U>&#8221;:&nbsp;&nbsp;the EU Bail-In Legislation Schedule published by the Loan Market Association (or any successor Person),
as in effect from time to time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Euro</U>&#8221;
and &#8220;<U>EUR</U>&#8221;:&nbsp;&nbsp;the single lawful currency introduced at the start of the third stage of the European Economic
and Monetary Union pursuant to a treaty establishing the European Union (as amended from time to time).</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Eurocurrency</U>&#8221;:&nbsp;&nbsp;when
used in reference to any Loan or Borrowing, refers to whether such Loan, or the Loans comprising such Borrowing, are bearing interest
at a rate determined by reference to the Adjusted LIBO Rate (other than an ABR Loan that bears interest at the ABR determined by reference
to the Adjusted LIBO Rate).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Eurocurrency Conversion
Date</U>&#8221;:&nbsp;&nbsp;as defined in <U>Section 2.6(a)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Event of Default</U>&#8221;:&nbsp;&nbsp;any
of the events specified in <U>Section 6</U>, <U>provided</U> that any requirement for the giving of notice, the lapse of time, or both,
has been satisfied.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Exchange Act</U>&#8221;:&nbsp;&nbsp;the
U.S. Securities Exchange Act of 1934, as amended.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: justify; text-indent: 1in">&#8220;<U>Excluded Taxes</U>&#8221;:&nbsp;&nbsp;any
of the following Taxes imposed on, or required to be withheld or deducted from a payment to, a Lender or any other recipient of payment
to be made by or on account of any obligation of the Borrower hereunder:&nbsp;&nbsp;(a) Taxes imposed on or measured by net income (however
denominated), franchise Taxes, and branch profits Taxes, in each case, (i) imposed as a result of such Lender or other recipient being
organized under the laws of, or having its principal office or, in the case of any Lender, its applicable lending office located in, the
jurisdiction imposing such Tax (or any political subdivision thereof) or (ii) that are Other Connection Taxes, (b) in the case of a Lender,
U.S. federal withholding Taxes imposed on amounts payable to or for the account of such Lender with respect to an applicable interest
in a Loan pursuant to a law in effect on the date on which (i) such Lender acquires such interest in the Loan (other than pursuant to
an assignment under <U>Section 2.17</U>) or (ii) such Lender changes its lending office, except in each case to the extent that, pursuant
to <U>Section 2.13</U>, amounts with respect to such Taxes were payable either to such Lender&#8217;s assignor immediately before such
Lender became a party hereto or to such Lender immediately before it changed its lending office, (c) Taxes attributable to the failure
by a Lender to comply with <U>Section 2.13(e)</U>, <U>2.13(f)</U>, <U>2.13(g)</U>, <U>2.13(h)</U>, <U>2.13(i)</U> or <U>2.13(j)</U> and
(d) any U.S. federal withholding Taxes imposed under FATCA.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Executive Order</U>&#8221;:&nbsp;&nbsp;Executive
Order No. 13224 of September 23, 2001 &#8211; Blocking Property and Prohibiting Transactions With Persons Who Commit, Threaten To Commit,
or Support Terrorism.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Existing Credit
Facility</U>&#8221;:&nbsp;&nbsp;the revolving credit facility provided to the Borrower pursuant to that certain Revolving Credit Agreement,
dated as of October 22, 2020, among the Borrower, JPMorgan Chase Bank, N.A., as syndication agent, BNP Paribas, Citibank, N.A., Natixis,
New York Branch, Sumitomo Mitsui Banking Corporation and U.S. Bank National Association, as documentation agents, Co&ouml;peratieve Rabobank
U.A., New York Branch, as administrative agent, and the lenders party thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: justify; text-indent: 1in">&#8220;<U>Extension Request</U>&#8221;:&nbsp;&nbsp;as
defined in <U>Section 2.1(c)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>FATCA</U>&#8221;:&nbsp;&nbsp;(a)
Sections 1471 through 1474 of the Code, as of the date of this Agreement (or any amended or successor version that is substantially comparable
to and not materially more onerous to comply with), any current or future regulations or official interpretations thereof, and any agreements
entered into pursuant to Section 1471(b)(1) of the Code or (b) any treaty, law or regulation of any jurisdiction other than the United
States adopted pursuant to an intergovernmental agreement between the United States and such other jurisdiction, which facilitates the
implementation of any law or regulation referred to in paragraph (a) above.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>FCA</U>&#8221;:&nbsp;&nbsp;as
defined in <U>Section 2.10(h)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>FCPA</U>&#8221;:&nbsp;&nbsp;as
defined in <U>Section 3.17(a)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Federal Funds Effective
Rate</U>&#8221;:&nbsp;&nbsp;for any day, the rate calculated by the NYFRB based on such day&#8217;s federal funds transactions by depositary
institutions, as determined in such manner as the NYFRB shall set forth on its public website from time to time, and published on the
next succeeding Business Day by the NYFRB as the effective federal funds rate; <U>provided</U> that if the Federal Funds Effective Rate
as so determined would be less than zero, such rate shall be deemed to be zero for the purposes of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Federal Reserve
Board</U>&#8221;:&nbsp;&nbsp;the Board of Governors of the Federal Reserve System of the United States of America.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Floor</U>&#8221;:&nbsp;&nbsp;the
benchmark rate floor, if any, provided in this Agreement initially (as of the execution of this Agreement, the modification, amendment
or renewal of this Agreement or otherwise) with respect to LIBO Rate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Funding Office</U>&#8221;:&nbsp;&nbsp;the
office of the Administrative Agent specified in <U>Section 8.2</U> or such other office as may be specified from time to time by the Administrative
Agent as its funding office by written notice to the Borrower and the Lenders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: justify; text-indent: 1in">&#8220;<U>Funding Request Period</U>&#8221;:&nbsp;&nbsp;the
period from and including the Closing Date to the earlier of (a) the Termination Date or (b) the date of termination of the Participations
in accordance with the terms herein.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>GAAP</U>&#8221;:&nbsp;&nbsp;generally
accepted accounting principles in the United States as in effect from time to time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Governmental Authority</U>&#8221;:&nbsp;&nbsp;any
nation or government, any state or other political subdivision thereof and any entity exercising executive, legislative, judicial, taxing,
regulatory or administrative functions of or pertaining to government (including any supra-national bodies such as the European Union
or European Central Bank).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Group Members</U>&#8221;:&nbsp;&nbsp;the
collective reference to the Borrower, the Guarantor and the Designated Obligors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Guarantee Obligation</U>&#8221;:&nbsp;&nbsp;as
to any Person (the &#8220;<U>guaranteeing person</U>&#8221;), any obligation of (a) the guaranteeing person or (b) another Person (including
any bank under any letter of credit) with respect to which the guaranteeing person has issued a reimbursement, counterindemnity or similar
obligation, in either case guaranteeing or in effect guaranteeing any Indebtedness, leases, dividends or other obligations (the &#8220;<U>primary
obligations</U>&#8221;) of any other third Person (the &#8220;<U>primary obligor</U>&#8221;) in any manner, whether directly or indirectly,
including any obligation of the guaranteeing person, whether or not contingent, (i) to purchase any such primary obligation or any property
constituting direct or indirect security therefor, (ii) to advance or supply funds (1) for the purchase or payment of any such primary
obligation or (2) to maintain working capital or equity capital of the primary obligor or otherwise to maintain the net worth or solvency
of the primary obligor,</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">(iii) to purchase property, securities or services
primarily for the purpose of assuring the owner of any such primary obligation of the ability of the primary obligor to make payment of
such primary obligation or (iv) otherwise to assure or hold harmless the owner of any such primary obligation against loss in respect
thereof; <U>provided</U>, <U>however</U>, that the term Guarantee Obligation shall not include endorsements of instruments for deposit
or collection in the ordinary course of business.&nbsp;&nbsp;The amount of any Guarantee Obligation of any guaranteeing person shall be
deemed to be the lower of (a) an amount equal to the stated or determinable amount of the primary obligation in respect of which such
Guarantee Obligation is made and (b) the maximum amount for which such guaranteeing person may be liable pursuant to the terms of the
instrument embodying such Guarantee Obligation, unless such primary obligation and the maximum amount for which such guaranteeing person
may be liable are not stated or determinable, in which case the amount of such Guarantee Obligation shall be such guaranteeing person&#8217;s
maximum reasonably anticipated liability in respect thereof as determined by the Borrower in good faith.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Guarantor</U>&#8221;:&nbsp;&nbsp;Bunge
Limited, a company incorporated under the laws of Bermuda, as guarantor pursuant to the Guaranty Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Guaranty Agreement</U>&#8221;:&nbsp;&nbsp;the
Guaranty to be executed and delivered by the Guarantor, substantially in the form of <U>Exhibit A</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Hedge Agreements</U>&#8221;:&nbsp;&nbsp;all
swaps, caps or collar agreements or similar arrangements dealing with interest rates or currency exchange rates or the exchange of nominal
interest obligations, either generally or under specific contingencies.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Hedge Termination
Amounts</U>&#8221;:&nbsp;&nbsp;as the context requires hereunder, all amounts (i) due and owing by the Borrower or (ii) received by the
Borrower, in each case in connection with the termination of a Hedge Agreement entered into by the Borrower.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>IBA</U>&#8221;:&nbsp;&nbsp;as
defined in <U>Section 1.3</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Impacted Interest
Period</U>&#8221;:&nbsp;&nbsp;as defined in the definition of &#8220;LIBO Rate.&#8221;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: justify; text-indent: 1in">&#8220;<U>Increasing Lender</U>&#8221;:&nbsp;&nbsp;as
defined in <U>Section 2.1(b)(ii)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Indebtedness</U>&#8221;:&nbsp;&nbsp;as
to any Person, without duplication, (a) all obligations of such Person for borrowed money, (b) all obligations of such Person evidenced
by bonds, debentures, notes or other similar instruments, (c) all obligations of such Person to pay the deferred purchase price of property,
except trade accounts payable arising in the ordinary course of business, (d) all obligations of such Person as lessee which are capitalized
in accordance with GAAP other than any liability in respect of a lease which would, in accordance with GAAP in effect prior to December
15, 2018, have been treated as an operating lease, (e) all obligations of such Person created or arising under any conditional sales or
other title retention agreement with respect to any property acquired by such Person (including without limitation, obligations under
any such agreement which provides that the rights and remedies of the seller or lender thereunder in the event of default are limited
to repossession or sale of such property), (f) all obligations of such Person with respect to letters of credit and similar instruments,
including without limitation obligations under reimbursement agreements, (g) all Indebtedness of others secured by (or for which the holder
of such Indebtedness has an existing right, contingent or otherwise, to be secured by) a Lien on any asset of such Person, whether or
not such Indebtedness is assumed by such Person and (h) all Guarantee Obligations of such Person (other than guarantees of obligations
of direct or indirect Subsidiaries of such Person).</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Indemnified Liabilities</U>&#8221;:&nbsp;&nbsp;as
defined in <U>Section 8.5</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Indemnified Taxes</U>&#8221;:&nbsp;&nbsp;(a)
Taxes, other than Excluded Taxes, imposed on or with respect to any payment made by or on account of any obligation of any Loan Party
under any Loan Document and (b) to the extent not otherwise described in <U>clause (a)</U> above, Other Taxes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Indemnitee</U>&#8221;:&nbsp;&nbsp;as
defined in <U>Section 8.5</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Ineligible Institution</U>&#8221;:&nbsp;&nbsp;(a)
a natural Person, (b) a Defaulting Lender or (c) a holding company, investment vehicle or trust for, or owned and operated for the primary
benefit of, a natural person or relative(s) thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Insolvency Event</U>&#8221;:&nbsp;&nbsp;as
defined in Annex X to the Pooling Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Interest Payment
Date</U>&#8221;:&nbsp;&nbsp;(a) as to any ABR Loan, the last day of each March, June, September and December to occur while such Loan
is outstanding and the final maturity date of such Loan, (b)&nbsp;as to any Eurocurrency Loan having an Interest Period of three (3) Months
or less, the last day of such Interest Period, (c)&nbsp;as to any Eurocurrency Loan having an Interest Period longer than three Months,
each day that is three Months, or a whole multiple thereof, after the first day of such Interest Period and the last day of such Interest
Period and (d)&nbsp;as to any Loan, the date of any repayment or prepayment made in respect thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Interest Period</U>&#8221;:&nbsp;&nbsp;as
to any Eurocurrency Loan, (a) initially, the period commencing on the borrowing or conversion date, as the case may be, with respect to
such Eurocurrency Loan, and ending one or three Months thereafter, as selected by the Borrower in its notice of borrowing or notice of
conversion, as the case may be, given with respect thereto; and (b) thereafter, each period commencing on the last day of the immediately
preceding Interest Period applicable to such Eurocurrency Loan, and ending one or three Months thereafter, as selected by the Borrower
by irrevocable notice to the Administrative Agent not later than 10:00 A.M., New York City time, on the date that is three (3) Business
Days prior to the last day of the then current Interest Period with respect thereto; <U>provided</U> that, all of the foregoing provisions
relating to Interest Periods are subject to the following:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(i) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;if
any Interest Period would otherwise end on a day that is not a Business Day, such Interest Period shall be extended to the next succeeding
Business Day unless the result of such extension would be to carry such Interest Period into another calendar month in which event such
Interest Period shall end on the immediately preceding Business Day;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(ii) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Borrower may not select an Interest Period that would extend beyond the Termination Date;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(iii) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any
Interest Period that begins on the last Business Day of a calendar month (or on a day for which there is no numerically corresponding
day in the calendar month at the end of such Interest Period) shall end on the last Business Day of a calendar month; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(iv) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Borrower shall select Interest Periods so as not to require a payment or prepayment of the principal of any Eurocurrency Loan during an
Interest Period for such Loan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Interpolated Rate</U>&#8221;:&nbsp;&nbsp;with
respect to any currency at any time, for any Interest Period, the rate per annum (rounded to the same number of decimal places as the
LIBO Screen Rate) determined by the Administrative Agent (which determination shall be conclusive and binding absent manifest error) to
be equal to the rate that results from interpolating on a linear basis between:&nbsp;&nbsp;(a) the LIBO Screen Rate for the longest period
for which the LIBO Screen Rate is available for the applicable currency that is shorter than the Impacted Interest Period; and (b) the
LIBO Screen Rate for the shortest period (for which that LIBO Screen Rate is available for the applicable currency) that exceeds the Impacted
Interest Period, in each case, at such time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Investor Certificateholder</U>&#8221;:&nbsp;&nbsp;as
defined in Annex X to the Pooling Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>ISDA Definitions</U>&#8221;:&nbsp;&nbsp;the
2006 ISDA Definitions published by the International Swaps and Derivatives Association, Inc. or any successor thereto, as amended or supplemented
from time to time, or any successor definitional booklet for interest rate derivatives published from time to time by the International
Swaps and Derivatives Association, Inc. or such successor thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Judgment Currency</U>&#8221;:&nbsp;&nbsp;as
defined in <U>Section 2.18(b)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Lender Affiliate</U>&#8221;:&nbsp;&nbsp;(a)
any Affiliate of any Lender, (b) any Person that is administered or managed by any Lender or any Affiliate of any Lender and that is engaged
in making, purchasing, holding or otherwise investing in commercial loans and similar extensions of credit in the ordinary course of its
business and (c) with respect to any Lender which is a fund that invests in commercial loans and similar extensions of credit, any other
fund that invests in commercial loans and similar extensions of credit and is managed or advised by the same investment advisor as such
Lender or by an Affiliate of such Lender or investment advisor.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;Lender-Related Party&#8221;:&nbsp;&nbsp;as
defined in Section 7.7.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Lenders</U>&#8221;:&nbsp;&nbsp;as
defined in the preamble hereto; <U>provided</U>, that unless the context otherwise requires, each reference herein to the Lenders shall
be deemed to include any Conduit Lender.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Level I</U>&#8221;,
&#8220;<U>Level II</U>&#8221;, &#8220;<U>Level III</U>&#8221;, &#8220;<U>Level IV</U>&#8221; and &#8220;<U>Level V</U>&#8221;:&nbsp;&nbsp;the
respective Level set forth below:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 32%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 32%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><U>S&amp;P</U></TD>
    <TD STYLE="width: 36%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><U>Moody&#8217;s</U></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">Level I</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">A- or higher</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">A3 or higher</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">Level II</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">BBB+ </TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">Baa1 </TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">Level III</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">BBB</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">Baa2</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">Level IV</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">BBB-</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">Baa3</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">Level V</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">BB+ or lower</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">Ba1 or lower</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"><U>provided</U> that if on any day the Applicable
Moody&#8217;s Rating and the Applicable S&amp;P Rating do not coincide for any rating category and the Level differential is (x) one level,
then the higher of the Applicable S&amp;P Rating or the Applicable Moody&#8217;s Rating will be the applicable Level; (y) two levels,
the Level at the midpoint will be the applicable Level; and (z) more than two levels, the highest of the intermediate Levels will be the
applicable Level; <U>provided further</U> that if on any day, neither the Applicable Moody&#8217;s Rating nor the Applicable S&amp;P Rating
is available, the applicable Level shall be Level V.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Liabilities</U>&#8221;:&nbsp;&nbsp;any
losses, claims (including intraparty claims), demands, damages or liabilities of any kind.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>LIBO Rate</U>&#8221;:&nbsp;&nbsp;with
respect to any Eurocurrency Borrowing for any applicable currency and for any Interest Period, the LIBO Screen Rate at approximately 11:00
a.m., London time (or in the case of Euro, Brussels time), two (2) Business Days prior to the commencement of such Interest Period; <U>provided</U>
that if the LIBO Screen Rate shall not be available at such time for such Interest Period (an &#8220;<U>Impacted Interest Period</U>&#8221;)
with respect to Dollars then the LIBO Rate shall be the Interpolated Rate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>LIBO Screen Rate</U>&#8221;:&nbsp;&nbsp;for
any day and time, with respect to any Eurocurrency Borrowing in Dollars and for any Interest Period, the London interbank offered rate
as administered by ICE Benchmark Administration (or any other Person that takes over the administration of such rate for Dollars) for
a period equal in length to such Interest Period as currently displayed on such day and time on page LIBOR01 of the Reuters screen that
displays such rate (or, in the event such rate does not appear on a Reuters page or screen, on any successor or substitute page on such
screen that displays such rate, or on the appropriate page of such other information service that publishes such rate from time to time
as selected by the Administrative Agent in consultation with the Borrower); <U>provided</U> that if the LIBO Screen Rate as so determined
would be less than zero, such rate shall be deemed to be zero for the purposes of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>LIBO Successor
Rate</U>&#8221;:&nbsp;&nbsp;as defined in <U>Section 2.10</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Lien</U>&#8221;:&nbsp;&nbsp;with
respect to any asset, (a) any mortgage, deed of trust, lien, pledge, encumbrance, charge or security interest in or on such asset and
(b) the interest of a vendor or a lessor under any conditional sale agreement, capital lease or title retention agreement relating to
such asset.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Loan</U>&#8221;:&nbsp;&nbsp;any
loan made by any Lender pursuant to this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Loan Documents</U>&#8221;:&nbsp;&nbsp;this
Agreement, the Guaranty Agreement and the Notes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Loan Parties</U>&#8221;:&nbsp;&nbsp;each
Group Member that is a party to a Loan Document.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Mandatory CP Wind-Down
Event</U>&#8221;:&nbsp;&nbsp;as defined in Annex X to the Pooling Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Master Trust</U>&#8221;:&nbsp;&nbsp;the
Bunge Master Trust created by the Pooling Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Master Trust Approved
Currency</U>&#8221;:&nbsp;&nbsp;Dollars, Euro, Sterling and Yen.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Material Adverse
Effect</U>&#8221;:&nbsp;&nbsp;(a) a material adverse effect on the business, property, operations, condition (financial or otherwise)
or prospects of the Borrower or of the Guarantor and its consolidated Subsidiaries taken as a whole, (b) a material impairment of the
collectability of the Purchased Loans taken as a whole or (c) a material impairment of the validity or enforceability of this Agreement
or any of the other Loan Documents or of the Transaction Documents or the rights or remedies of the Administrative Agent or the Lenders
against the Borrower or the Guarantor hereunder or under the other Loan Documents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Month</U>&#8221;:&nbsp;&nbsp;a
period starting on one day in a calendar month and ending on the numerically corresponding day in the next calendar month, except that
(a) (subject to paragraph (c) below) if the numerically corresponding day is not a Business Day, that period shall end on the next Business
Day in that calendar month in which that period is to end if there is one, or if there is not, on the immediately preceding Business Day;
(b) if there is no numerically corresponding day in the calendar month in which that period is to end, that period shall end on the last
Business Day in that calendar month; and (c) if an Interest Period begins on the last Business Day of a calendar month, that Interest
Period shall end on the last Business Day in the calendar month in which that Interest Period is to end.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Monthly Settlement
Statement</U>&#8221;:&nbsp;&nbsp;as defined in Annex X to the Pooling Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Moody&#8217;s</U>&#8221;:&nbsp;&nbsp;Moody&#8217;s
Investors Service, Inc. or any successor thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Multiemployer Plan</U>&#8221;:&nbsp;&nbsp;with
respect to any Person, a multiemployer plan as defined in Section 4001(a)(3) of ERISA to which such Person or any ERISA Affiliate of such
Person (other than one considered an ERISA Affiliate only pursuant to subsection (m) or (o) of Section 414 of the Code) is making or accruing
an obligation to make contributions, or has within any of the preceding five plan years made or accrued an obligation to make contributions.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Multiple Employer
Plan</U>&#8221;:&nbsp;&nbsp;a single employer plan, as defined in Section 4001(a)(15) of ERISA, that (a) is maintained for employees of
the Borrower or any of its ERISA Affiliates and at least one Person other than the Borrower and its ERISA Affiliates or (b) was so maintained
and in respect of which the Borrower or any of its ERISA Affiliates could have liability under Section 4064 or 4069 of ERISA in the event
such plan has been or were to be terminated.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Non-U.S. Lender</U>&#8221;:&nbsp;&nbsp;as
defined in <U>Section 2.13(e)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Notes</U>&#8221;:&nbsp;&nbsp;the
collective reference to any promissory note evidencing Loans.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>NYFRB</U>&#8221;:&nbsp;&nbsp;the
Federal Reserve Bank of New York.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>NYFRB Rate</U>&#8221;:&nbsp;&nbsp;for
any day, the greater of (a) the Federal Funds Effective Rate in effect on such day and (b) the Overnight Bank Funding Rate in effect on
such day (or for any day that is not a Business Day, for the immediately preceding Business Day); <U>provided</U>, that if none of such
rates are published for any day that is a Business Day, the term &#8220;NYFRB Rate&#8221; means the rate for a federal funds transaction
quoted at 11:00 a.m. on such day received by the Administrative Agent from a federal funds broker of recognized standing selected by it;
<U>provided</U>, <U>further</U>, that if any of the aforesaid rates as so determined be less than zero, such rate shall be deemed to be
zero for purposes of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Obligations</U>&#8221;:&nbsp;&nbsp;the
unpaid principal of and interest on (including interest accruing after the maturity of the Loans and interest accruing after the filing
of any petition in bankruptcy, or the commencement of any insolvency, reorganization or like proceeding, relating to the Borrower, whether
or not a claim for post-filing or post-petition interest is allowed in such proceeding) the Loans and all other obligations and liabilities
of the Borrower to the Administrative Agent or to any Lender, whether direct or indirect, absolute or contingent, due or to become due,
or now existing or hereafter incurred, which may arise under, out of, or in connection with, this Agreement, any other Loan Document or
any other document made, delivered or given in connection herewith or therewith, whether on account of principal, interest, reimbursement
obligations, fees, indemnities, costs, expenses (including all fees, charges and disbursements of counsel to the Administrative Agent
or to any Lender that are required to be paid by the Borrower pursuant hereto) or otherwise.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Obligor</U>&#8221;:&nbsp;&nbsp;as
defined in Annex X to the Pooling Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>OFAC</U>&#8221;:&nbsp;&nbsp;as
defined in the definition of &#8220;Sanctions.&#8221;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Other Benchmark
Rate Election</U>&#8221;:&nbsp;&nbsp;with respect to any Loan denominated in Dollars, if the then-current Benchmark is the LIBO Rate,
the occurrence of:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(a) a request by the Borrower
to the Administrative Agent to notify each of the other parties hereto that, at the determination of the Borrower, Dollar-denominated
syndicated credit facilities at such time contain (as a result of amendment or as originally executed), in lieu of a LIBOR-based rate,
a term benchmark rate as a benchmark rate, and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(b) the Administrative Agent,
in its sole discretion, and the Borrower jointly elect to trigger a fallback from the LIBO Rate and the provision, as applicable, by the
Administrative Agent of written notice of such election to the Borrower and the Lenders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Other Connection
Taxes</U>&#8221;:&nbsp;&nbsp;with respect to a Lender or any other recipient of payment to be made by or on account of any obligation
of the Borrower hereunder, Taxes imposed as a result of a present or former connection between such Lender or other recipient and the
jurisdiction imposing such Tax (other than connections arising from such Lender or other recipient having executed, delivered, become
a party to, performed its obligations under, received payments under, received or perfected a security interest under, engaged in any
other transaction pursuant to or enforced any Loan Document, or sold or assigned an interest in any Loan or Loan Document).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Other Lender</U>&#8221;:&nbsp;&nbsp;as
defined in <U>Section 2.1(b)(i)</U>.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Other Taxes</U>&#8221;:&nbsp;&nbsp;any
and all present or future stamp or documentary Taxes or any other excise or property Taxes, charges or similar levies arising from any
payment made hereunder or from the execution, delivery or enforcement of, or otherwise with respect to, this Agreement or any other Loan
Document.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Overnight Bank
Funding Rate</U>&#8221;:&nbsp;&nbsp;for any day, the rate comprised of both overnight federal funds and overnight Eurocurrency borrowings
for Dollars by U.S.-managed banking offices of depository institutions, as such composite rate shall be determined by the NYFRB as set
forth on its public website from time to time, and published on the next succeeding Business Day by the NYFRB as an overnight bank funding
rate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Pari Passu Indebtedness</U>&#8221;:&nbsp;&nbsp;the
Dollar Equivalent of (i) Indebtedness for borrowed money, the proceeds of which are used to either increase the Series 2002-1 Invested
Amount, refinance Indebtedness originally used for such purpose and/or pay expenses incurred in connection with this Agreement or any
such other Indebtedness, and (ii) indebtedness incurred in connection with Hedge Agreements entered into in connection with the Loans
hereunder and any Pari Passu Indebtedness described in clause (i) above, in each case which ranks not greater than <U>pari passu</U> (in
priority of payment) with the Loans.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Participant</U>&#8221;:&nbsp;&nbsp;as
defined in <U>Section 8.6(b)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Participant Register</U>&#8221;:&nbsp;&nbsp;as
defined in <U>Section 8.6(b)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Participating Member
State</U>&#8221;:&nbsp;&nbsp;each state so described in any EMU Legislation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: justify; text-indent: 1in">&#8220;<U>Participation</U>&#8221;:&nbsp;&nbsp;as
to any Lender, the obligation of such Lender to make Loans to the Borrower pursuant to <U>Section 2.1(a)</U> in an aggregate principal
amount at any one time outstanding not to exceed the amount set forth opposite such Lender&#8217;s name on <U>Schedule&nbsp;1.1</U> under
the caption &#8220;Participation&#8221; or, as the case may be, in the Assignment and Acceptance pursuant to which such Lender became
a party hereto, as the same may be increased or reduced from time-to-time pursuant to the terms hereof.&nbsp;&nbsp;The original amount
of the Total Participations is $1,000,000,000.&nbsp;&nbsp;The Participation of any Declining Lender shall be deemed to be zero ($0) on
and after the Conversion to Approving Lenders Date on which such Declining Lender delivered a Declining Lender Notice to the Administrative
Agent; <U>provided</U>, <U>however</U>, that any Lender that delivers a Declining Lender Notice shall continue to be obligated to fund
as an Approving Lender any Loan requested by the Borrower in a Borrowing Notice delivered by the Borrower to the Administrative Agent
prior to such Conversion to Approving Lenders Date in accordance with such Lender&#8217;s Participation immediately prior to such Conversion
to Approving Lenders Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Participation Increase
Supplement</U>&#8221;:&nbsp;&nbsp;a Participation Increase Supplement in the form of <U>Exhibit F</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Participation Percentage</U>&#8221;:&nbsp;&nbsp;as
to any Lender at any time, the percentage which such Lender&#8217;s Participation then constitutes of the Total Participations (or, at
any time after the Participations shall have expired or terminated, the percentage which the aggregate principal amount of Loans made
by such Lender at such time constitute of the Total Loans at such time).</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Patriot Act</U>&#8221;:&nbsp;&nbsp;as
defined in <U>Section 8.18</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0 1in; text-align: justify">&#8220;Payment&#8221;:&nbsp;&nbsp;as defined
in Section 7.13.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0 1in; text-align: justify">&#8220;Payment Notice&#8221;:&nbsp;&nbsp;as
defined in Section 7.13.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Payment Period</U>&#8221;:&nbsp;&nbsp;a
period commencing on a date on which the Loans (with accrued interest thereon) and all other amounts owing under this Agreement and the
other Loan Documents have become due and payable (whether at the stated maturity, by acceleration or otherwise) and ending on the date
the Loans (with accrued interest thereon) and all such other amounts are paid in full by the Borrower or the Guarantor.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Payment Recipient</U>&#8221;:&nbsp;&nbsp;as
defined in <U>Section 7.13(a)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>PBGC</U>&#8221;:&nbsp;&nbsp;the
Pension Benefit Guaranty Corporation established pursuant to Subtitle A of Title IV of ERISA and any Person succeeding to the functions
thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Performing Lender</U>&#8221;:&nbsp;&nbsp;any
Lender that is a Defaulting Lender solely as a result of the occurrence of an event described in clause (d) of the definition of Defaulting
Lender that following such event continues to perform all of its obligations under this Agreement and any other Loan Document, and has
not been replaced or repaid in accordance with <U>Section 2.17(b)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Permitted Indebtedness</U>&#8221;:&nbsp;&nbsp;(a)
Indebtedness of the Borrower pursuant to this Agreement and (b) Pari Passu Indebtedness.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Permitted Parties</U>&#8221;:&nbsp;&nbsp;as
defined in <U>Section 8.14</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Person</U>&#8221;:&nbsp;&nbsp;an
individual, partnership, corporation, limited liability company, business trust, joint stock company, trust, unincorporated association,
joint venture, Governmental Authority or other entity of whatever nature.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Plan</U>&#8221;:&nbsp;&nbsp;a
Single Employer Plan or a Multiple Employer Plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Plan Asset Regulations</U>&#8221;:&nbsp;&nbsp;29
CFR &sect; 2510.3-101 et seq., as modified by Section 3(42) of ERISA, as amended from time to time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Pooling Agreement</U>&#8221;:&nbsp;&nbsp;the
Sixth Amended and Restated Pooling Agreement, dated as of August 31, 2020, among Bunge Funding, Bunge Management Services, Inc., as servicer
and the Trustee named therein, as the same may be amended, restated, supplemented or otherwise modified from time to time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Potential Series
2002-1 Early Amortization Event</U>&#8221;:&nbsp;&nbsp;an event which, with the giving of notice or the lapse of time or both, would constitute
a Series 2002-1 Early Amortization Event.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Prime Rate</U>&#8221;:&nbsp;&nbsp;the
rate of interest last quoted by The Wall Street Journal as the &#8220;Prime Rate&#8221; in the U.S. or, if The Wall Street Journal ceases
to quote such rate, the highest per annum interest rate published by the Federal Reserve Board in Federal Reserve Statistical Release
H.15 (519) (Selected Interest Rates) as the &#8220;bank prime loan&#8221; rate or, if such rate is no longer quoted therein, any similar
rate quoted therein (as determined by the Administrative Agent) or any similar release by the Federal Reserve Board (as determined by
the Administrative Agent).&nbsp;&nbsp;Each change in the Prime Rate shall be effective from and including the date such change is publicly
announced or quoted as being effective; <U>provided</U> that, if the Prime Rate as so determined would be less than zero, such rate shall
be deemed zero for purposes of this Agreement.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>PTE</U>&#8221;:&nbsp;&nbsp;a
prohibited transaction class exemption issued by the U.S. Department of Labor, as any such exemption may be amended from time to time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Purchased Loans</U>&#8221;:&nbsp;&nbsp;as
defined in Annex X to the Pooling Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Rate of Exchange</U>&#8221;:&nbsp;&nbsp;as
of the relevant date, the rate of exchange set forth on the relevant page of the Reuters screen on or about 11:00 A.M., New York time,
for the purchase of (as the context shall require) a Master Trust Approved Currency with any other Master Trust Approved Currency on such
date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Reference Time</U>&#8221;:&nbsp;&nbsp;with
respect to any setting of the then-current Benchmark, (1) if such Benchmark is LIBO Rate, 11:00 a.m. (London time) on the day that is
two London banking days preceding the date of such setting, and (2) if such Benchmark is not LIBO Rate, the time determined by the Administrative
Agent in its reasonable discretion.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Register</U>&#8221;:&nbsp;&nbsp;as
defined in <U>Section 8.6(d)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Regulation D</U>&#8221;:&nbsp;&nbsp;Regulation
D of the Federal Reserve Board, as in effect from time to time and all official rulings and interpretations thereunder or thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Regulation U</U>&#8221;:&nbsp;&nbsp;Regulation
U of the Federal Reserve Board, as in effect from time to time and all official rulings and interpretations thereunder or thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Regulation X</U>&#8221;:&nbsp;&nbsp;Regulation
X of the Federal Reserve Board, as in effect from time to time and all official rulings and interpretations thereunder or thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Relevant Governmental
Body</U>&#8221;:&nbsp;&nbsp;the Board of Governors of the Federal Reserve System or the Federal Reserve Bank of New York, or a committee
officially endorsed or convened by the Board of Governors of the Federal Reserve System or the Federal Reserve Bank of New York, or any
successor thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Required Lenders</U>&#8221;:&nbsp;&nbsp;at
any time, Lenders holding more than 50.00% of (i) the Adjusted Total Participations or (ii) if the Total Participations have been terminated,
the Total Loans then outstanding; <U>provided</U>, that, in each case, the portion of the Adjusted Total Participations or Total Loans
held by any Defaulting Lender shall be excluded for purposes of making a determination of Required Lenders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Requirement of
Law</U>&#8221;:&nbsp;&nbsp;as to any Person, the Certificate of Incorporation and By&#45;Laws or other organizational or governing documents
of such Person, and any law, treaty, rule or regulation or determination of an arbitrator or a court or other Governmental Authority,
in each case applicable to or binding upon such Person or any of its property or to which such Person or any of its property is subject.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Resolution Authority</U>&#8221;:&nbsp;&nbsp;an
EEA Resolution Authority or, with respect to any UK Financial Institution, a UK Resolution Authority.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: justify; text-indent: 1in">&#8220;<U>Response Deadline</U>&#8221;:&nbsp;&nbsp;as
defined in <U>Section 2.1(c)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Responsible Officer</U>&#8221;:&nbsp;&nbsp;as
to any Person, any member of the Board of Directors, the Chief Executive Officer, the President, the Chief Financial Officer, the Treasurer
or any Vice President of such Person or any other officer of such Person customarily performing functions similar to those performed by
any of the above-designated officers.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Restricted Person</U>&#8221;:&nbsp;&nbsp;a
Person that is (a) listed on, or owned 50% or more by or controlled by a Person listed on any applicable Sanctions List; or (b) located
in, a resident of, organized under the laws of, or owned or controlled by, or acting on behalf of, a Person located in or organized under
the laws of a country or territory that is or whose government is the target of any applicable country-wide Sanctions.&nbsp;&nbsp;For
the purposes of this definition, &#8220;control&#8221; means the possession of the power to direct or cause the direction of the management
or policies of a Person, whether through the ability to exercise voting power, by contract or otherwise.&nbsp;&nbsp;The term &#8220;controlled&#8221;
has the meaning correlative thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>S&amp;P</U>&#8221;:&nbsp;&nbsp;S&amp;P
Global Ratings or any successor thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Sale Agreement</U>&#8221;:&nbsp;&nbsp;the
Second Amended and Restated Sale Agreement, dated as of September 6, 2002, among Bunge Funding, as Buyer, Bunge Finance Limited, a Bermuda
company, as a Seller, and Bunge Finance North America, Inc., a Delaware corporation, as a Seller, as the same may be amended, supplemented
or otherwise modified from time to time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Sanctions</U>&#8221;:&nbsp;&nbsp;any
applicable economic sanctions laws, regulations, embargoes or restrictive measures administered, enacted or enforced by:&nbsp;&nbsp;(i)
the United States government; (ii) the United Nations; (iii) the European Union; (iv) the United Kingdom; (v) the relevant authorities
of Switzerland; or (vi) the respective governmental institutions and agencies of any of the foregoing, including without limitation, the
Office of Foreign Assets Control of the US Department of the Treasury (&#8220;<U>OFAC</U>&#8221;), the United States Department of State,
and Her Majesty&#8217;s Treasury (together &#8220;<U>Sanctions Authorities</U>&#8221;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Sanctions Authorities</U>&#8221;:&nbsp;&nbsp;as
defined in the definition of &#8220;<U>Sanctions</U>.&#8221;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Sanctions List</U>&#8221;:&nbsp;&nbsp;means
any applicable list issued, maintained or made public by any of the Sanctions Authorities, including, but not limited to, the &#8220;Specially
Designated Nationals and Blocked Persons&#8221; list issued by OFAC, the Consolidated List of Financial Sanctions Targets issued by Her
Majesty&#8217;s Treasury, or any similar applicable list issued or maintained or made public by any of the Sanctions Authorities.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Series</U>&#8221;:&nbsp;&nbsp;as
defined in Annex X to the Pooling Agreement.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Series 2002-1 Accrued
Interest</U>&#8221;:&nbsp;&nbsp;as defined in Annex X to the Pooling Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Series 2002-1 Allocated
Loan Amount</U>&#8221;:&nbsp;&nbsp;as defined in Annex X to the Pooling Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Series 2002-1 Collection
Subaccount</U>&#8221;:&nbsp;&nbsp;as defined in Annex X to the Pooling Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Series 2002-1 Early
Amortization Event</U>&#8221;:&nbsp;&nbsp;as defined in Annex X to the Pooling Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Series 2002-1 Invested
Amount</U>&#8221;:&nbsp;&nbsp;as defined in Annex X to the Pooling Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Series 2002-1 Supplement</U>&#8221;:&nbsp;&nbsp;the
Eighth Amended and Restated Series 2002-1 Supplement to the Pooling Agreement, dated as of January 27, 2021, among the Borrower, Bunge
Funding, Bunge Management Services, Inc., as Servicer and The Bank of New York Mellon, as Trustee, as the same may be amended, restated,
supplemented or otherwise modified from time to time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Series 2002-1 VFC</U>&#8221;:&nbsp;&nbsp;the
interest in the Master Trust created and authorized pursuant to the Series 2002-1 Supplement and the Pooling Agreement that is designated
as the &#8220;Series 2002-1 VFC Certificate&#8221; pursuant to the Series 2002-1 Supplement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Servicer</U>&#8221;:&nbsp;&nbsp;Bunge
Management Services, Inc., a Delaware corporation, and any &#8220;Successor Servicer&#8221; (as defined in Annex X to the Pooling Agreement).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Servicing Agreement</U>&#8221;:&nbsp;&nbsp;the
Third Amended and Restated Servicing Agreement, dated as of December 23, 2003, among Bunge Funding, the Servicer, and The Bank of New
York Mellon, as Trustee, as the same may be amended, restated, supplemented or otherwise modified from time to time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Single Employer
Plan</U>&#8221;:&nbsp;&nbsp;a single employer plan, as defined in Section 4001(a)(15) of ERISA, that (a) is maintained for employees of
the Borrower or any of its ERISA Affiliates and no Person other than the Borrower and its ERISA Affiliates or for which the Borrower or
any of its ERISA Affiliates has liability, whether direct or contingent or (b) was so maintained and in respect of which the Borrower
or any of its ERISA Affiliates could have liability under Section 4069 of ERISA in the event such plan has been or were to be terminated.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>SOFR</U>&#8221;:&nbsp;&nbsp;with
respect to any Business Day, a rate per annum equal to the secured overnight financing rate for such Business Day published by the SOFR
Administrator on the SOFR Administrator&#8217;s Website on the immediately succeeding Business Day.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>SOFR Administrator</U>&#8221;:&nbsp;&nbsp;the
Federal Reserve Bank of New York (or a successor administrator of the secured overnight financing rate).</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>SOFR Administrator&#8217;s
Website</U>&#8221;:&nbsp;&nbsp;the website of the Federal Reserve Bank of New York, currently at http://www.newyorkfed.org, or any successor
source for the secured overnight financing rate identified as such by the SOFR Administrator from time to time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Solvent</U>&#8221;:&nbsp;&nbsp;with
respect to any Person on a particular date, that on such date (a) the fair value of the property of such Person is greater than the total
amount of liabilities, including, without limitation, contingent liabilities, of such Person, (b) the present fair salable value of the
assets of such Person is not less than the amount that will be required to pay the probable liability of such Person on its debts as they
become absolute and matured, (c) such Person does not intend to, and does not believe that it will, incur debts or liabilities beyond
such Person&#8217;s ability to pay such debts and liabilities as they mature and (d) such Person is not engaged in business or a transaction,
and is not about to engage in business or a transaction, for which such Person&#8217;s property would constitute an unreasonably small
capital.&nbsp;&nbsp;The amount of contingent liabilities at any time shall be computed as the amount that, in the light of all the facts
and circumstances existing at such time, represents the amount that can reasonably be expected to become an actual or matured liability.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Statutory Reserve
Rate</U>&#8221;:&nbsp;&nbsp;a fraction (expressed as a decimal), the numerator of which is the number one and the denominator of which
is the number one <U>minus</U> the aggregate of the maximum reserve percentages (including any marginal, special, emergency or supplemental
reserves) expressed as a decimal established by the Federal Reserve Board to which the Administrative Agent is subject with respect to
the Adjusted LIBO Rate for eurocurrency funding (currently referred to as &#8220;Eurocurrency liabilities&#8221; in Regulation D) or any
other reserve ratio or analogous requirement of any central banking or financial regulatory authority imposed in respect of the maintenance
of the Participations or the funding of the Loans.&nbsp;&nbsp;Such reserve percentages shall include those imposed pursuant to such Regulation
D.&nbsp;&nbsp;Eurocurrency Loans shall be deemed to constitute eurocurrency funding and to be subject to such reserve requirements without
benefit of or credit for proration, exemptions or offsets that may be available from time to time to any Lender under such Regulation
D or any comparable regulation.&nbsp;&nbsp;The Statutory Reserve Rate shall be adjusted automatically on and as of the effective date
of any change in any reserve percentage.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Sterling</U>&#8221;:&nbsp;&nbsp;the
lawful currency of the United Kingdom of Great Britain and Northern Ireland.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Subsidiary</U>&#8221;:&nbsp;&nbsp;as
to any Person, a corporation, partnership, limited liability company or other entity of which shares of stock or other ownership interests
having ordinary voting power (other than stock or such other ownership interests having such power only by reason of the happening of
a contingency) to elect a majority of the board of directors or other managers of such corporation, partnership or other entity are at
the time owned directly or indirectly through one or more intermediaries, or both, by such Person.&nbsp;&nbsp;Unless otherwise qualified,
all references to a &#8220;Subsidiary&#8221; or to &#8220;Subsidiaries&#8221; in this Agreement shall refer to a Subsidiary or Subsidiaries
of the Borrower.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Syndication Agent</U>&#8221;:&nbsp;&nbsp;as
defined in the preamble hereto.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Taxes</U>&#8221;:&nbsp;&nbsp;all
present or future income, stamp or other taxes, levies, imposts, duties, deductions, withholdings (including backup withholding), assessments,
fees or other charges imposed by any Governmental Authority, including any interest, additions to tax or penalties applicable thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Term SOFR</U>&#8221;:&nbsp;&nbsp;for
the applicable Corresponding Tenor as of the applicable Reference Time, the forward-looking term rate based on SOFR that has been selected
or recommended by the Relevant Governmental Body.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Term SOFR Notice</U>&#8221;:&nbsp;&nbsp;a
notification by the Administrative Agent to the Lenders and the Borrower of the occurrence of a Term SOFR Transition Event.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Term SOFR Transition
Event</U>&#8221;:&nbsp;&nbsp;the determination by the Administrative Agent that (a) Term SOFR has been recommended for use by the Relevant
Governmental Body, (b) the administration of Term SOFR is administratively feasible for the Administrative Agent in its sole discretion,
and (c) a Benchmark Transition Event or an Early Opt-in Election, as applicable (and, for the avoidance of doubt, not in the case of an
Other Benchmark Rate Election), has previously occurred resulting in a Benchmark Replacement in accordance with <U>Section 2.10</U> that
is not Term SOFR.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Term SOFR Transition
Event Effective Date</U>&#8221;:&nbsp;&nbsp;with respect to a Term SOFR Transition Event, the date that is thirty (30) days after the
date a Term SOFR Notice is provided to the Lenders and the Borrower pursuant to <U>Section 2.10(c)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 1in; margin-top: 12pt; margin-right: 0; margin-left: 0">&#8220;<U>Termination
Date</U>&#8221;:&nbsp;&nbsp;July 15, 2022, or, if such date is not a Business Day, the immediately preceding Business Day; <U>provided</U>,
that the Termination Date may be extended as set forth in <U>Section 2.1(c)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Total Loans</U>&#8221;:&nbsp;&nbsp;at
any time, the aggregate outstanding principal of the Loans of the Lenders then in effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Total Participations</U>&#8221;:&nbsp;&nbsp;(a)&nbsp;initially,
the aggregate amount of all Participations of all Lenders, and (b)&nbsp;from and after the first Conversion to Approving Lenders Date,
the aggregate amount of all Participations of all Approving Lenders as of the date of determination, in each case, as such Participation
may be reduced or increased from time to time pursuant to the terms hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Transaction Documents</U>&#8221;:&nbsp;&nbsp;the
collective reference to the Pooling Agreement, the Series 2002-1 Supplement, the Series 2002-1 VFC, the Sale Agreement and the Servicing
Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Transferee</U>&#8221;:&nbsp;&nbsp;any
Assignee or Participant.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Trustee</U>&#8221;:&nbsp;&nbsp;as
defined in Annex X to the Pooling Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Type</U>&#8221;:&nbsp;&nbsp;as
to any Loan, its nature as an ABR Loan or a Eurocurrency Loan.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>UK Financial Institution</U>&#8221;:&nbsp;&nbsp;any
BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential
Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United
Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit
institutions or investment firms.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>UK Resolution Authority</U>&#8221;:&nbsp;&nbsp;the
Bank of England or any other public administrative authority having responsibility for the resolution of any UK Financial Institution.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Unadjusted Benchmark
Replacement</U>&#8221;:&nbsp;&nbsp;the applicable Benchmark Replacement excluding the related Benchmark Replacement Adjustment.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>United States</U>&#8221;:&nbsp;&nbsp;the
United States of America.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>U.S. Tax Compliance
Certificate</U>&#8221;:&nbsp;&nbsp;as defined in <U>Section 2.13(f)(iii)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Voting Stock</U>&#8221;:&nbsp;&nbsp;with
respect to any Person as of any date, the Capital Stock of such Person that is at the time entitled to vote in the election of the Board
of Directors of such Person.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 1in">&#8220;<U>Withdrawal Liability</U>&#8221;:&nbsp;&nbsp;liability
to a Multiemployer Plan as a result of a complete or partial withdrawal from such Multiemployer Plan, as such terms are defined in Title
IV of ERISA.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Withholding Agent</U>&#8221;:&nbsp;&nbsp;any
Loan Party and the Administrative Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Write-Down and
Conversion Powers</U>&#8221;:&nbsp;&nbsp;(a) 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 writedown and conversion
powers are described in the EU Bail-In Legislation Schedule, and (b) with respect to the United Kingdom, any powers of the applicable
Resolution Authority under the Bail-In Legislation to cancel, reduce, modify or change the form of a liability of any UK Financial Institution
or any contract or instrument under which that liability arises, to convert all or part of that liability into shares, securities or obligations
of that person or any other person, to provide that any such contract or instrument is to have effect as if a right had been exercised
under it or to suspend any obligation in respect of that liability or any of the powers under that Bail-In Legislation that are related
to or ancillary to any of those powers.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&#8220;<U>Yen</U>&#8221;:&nbsp;&nbsp;the
lawful currency of Japan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">1.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Other
Definitional Provisions</U>.&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(a) Unless otherwise
specified therein, all terms defined in this Agreement shall have the defined meanings when used in the other Loan Documents or any certificate
or other document made or delivered pursuant hereto or thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(b) As used herein
and in the other Loan Documents, and any certificate or other document made or delivered pursuant hereto or thereto, (i) accounting terms
relating to any Group Member not defined in <U>Section 1.1</U> and accounting terms partly defined in <U>Section 1.1</U>, to the extent
not defined, shall have the respective meanings given to them under GAAP,</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify">(ii) the words &#8220;include&#8221;,
&#8220;includes&#8221; and &#8220;including&#8221; shall be deemed to be followed by the phrase &#8220;without limitation&#8221;, (iii)
the word &#8220;incur&#8221; shall be construed to mean incur, create, issue, assume, become liable in respect of or suffer to exist (and
the words &#8220;incurred&#8221; and &#8220;incurrence&#8221; shall have correlative meanings), (iv) the words &#8220;asset&#8221; and
&#8220;property&#8221; shall be construed to have the same meaning and effect and to refer to any and all tangible and intangible assets
and properties, including cash, Capital Stock, securities, revenues, accounts, leasehold interests and contract rights, and (v) references
to agreements or other Contractual Obligations shall, unless otherwise specified, be deemed to refer to such agreements or Contractual
Obligations as amended, supplemented, restated or otherwise modified from time to time (subject to any restrictions on such amendments,
supplements, restatements or modifications set forth herein).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(c) The words &#8220;hereof&#8221;,
&#8220;herein&#8221; and &#8220;hereunder&#8221; and words of similar import, when used in this Agreement, shall refer to this Agreement
as a whole and not to any particular provision of this Agreement, and Section, Schedule and Exhibit references are to this Agreement unless
otherwise specified.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(d) The meanings
given to terms defined herein shall be equally applicable to both the singular and plural forms of such terms.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(e) For purposes
of calculating the Dollar Equivalent of any amount denominated in a Master Trust Approved Currency other than Dollars, the Administrative
Agent will at least once during each calendar month and on or prior to the date of any Borrowing and the last day of any Interest Period
and at such other times as it in its sole discretion decides to do so or as otherwise directed by the Required Lenders, determine the
respective rate of exchange into Dollars of such other Master Trust Approved Currency (which rate of exchange shall be based upon the
Rate of Exchange in effect on the date of such determination).&nbsp;&nbsp;Such rate of exchange so determined on each such determination
date shall, for purposes of the calculations described in the preceding sentence, be deemed to remain unchanged and in effect until the
next such determination date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(f) Notwithstanding
any other provision contained herein or in the other Loan Documents, all terms of an accounting or financial nature used herein and in
the other Loan Documents shall be construed, and all computations of amounts and ratios referred to herein and in the other Loan Documents
shall be made, and prepared:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(i) in accordance with
GAAP (including principles of consolidation where appropriate), and all accounting or financial terms shall have the meanings ascribed
to such terms by GAAP; <U>provided</U>, <U>however</U>, that all accounting terms used in <U>Section 5.2</U> below (and all defined terms
used in the definition of any accounting term used in <U>Section 5.2</U> below) shall have the meaning given to such terms (and defined
terms) under GAAP as in effect on the date hereof applied on a basis consistent with those used in preparing the financial statements
referred to in <U>Section 3.15</U> below.&nbsp;&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify">In the event of any change after the
date hereof in GAAP, and if such change would affect the computation of any of the financial covenants set forth in <U>Section 5.2</U>
below, then the parties hereto agree to endeavor, in good faith, to agree upon an amendment to this Agreement that would adjust such financial
covenants in a manner that would preserve the original intent thereof, but would allow compliance therewith to be determined in accordance
with the Borrower&#8217;s financial statements at the time, <U>provided</U> that, until so amended such financial covenants shall continue
to be computed in accordance with GAAP prior to such change therein; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(ii) without giving
effect to any election under Statement of Financial Accounting Standards 159 (or any other Financial Accounting Standard having a similar
result or effect) to value any Indebtedness or other liabilities of BLFC, BFE, BAFC, the Guarantor or any of their Subsidiaries at &#8220;fair
value&#8221;, as defined therein.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Notwithstanding any other provision contained herein,
all obligations of the Guarantor, the Borrower&nbsp;and any of their respective Subsidiaries that are or would be characterized as an
operating lease as determined in accordance with GAAP as in effect on December 14, 2018 (whether or not such operating lease was in effect
on such date) shall continue to be accounted for as an operating lease (and not as a capital lease) for purposes of the Loan Documents
regardless of any change in GAAP following December 14, 2018&nbsp;(or any change in the implementation in GAAP for future periods that
are contemplated as of December 14, 2018) that would otherwise require such obligation to be re&#45;characterized as a capital lease and
the Guarantor, the Borrower and their respective Subsidiaries shall continue to provide financial reporting which differentiates between
operating leases and capital leases in accordance with GAAP as in effect on December 14, 2018.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">1.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Interest
Rates; LIBOR Notification</U>.&nbsp;&nbsp;The interest rate on a Loan denominated in Dollars may be derived from an interest rate benchmark
that is, or may in the future become, the subject of regulatory reform.&nbsp;&nbsp;Regulators have signaled the need to use alternative
benchmark reference rates for some of these interest rate benchmarks and, as a result, such interest rate benchmarks may cease to comply
with applicable laws and regulations, may be permanently discontinued, and/or the basis on which they are calculated may change.&nbsp;&nbsp;The
London interbank offered rate (&#8220;LIBOR&#8221;) is intended to represent the rate at which contributing banks may obtain short-term
borrowings from each other in the London interbank market.&nbsp;&nbsp;On March 5, 2021, the U.K. Financial Conduct Authority (&#8220;FCA&#8221;)
publicly announced that:&nbsp;&nbsp;i) immediately after December 31, 2021, publication of the 1-week and 2-month Dollar LIBOR settings
will permanently cease; immediately after June 30, 2023, publication of the overnight and 12-month Dollar LIBOR settings will permanently
cease; and immediately after June 30, 2023, the 1-month, 3-month and 6-month Dollar LIBOR settings will cease to be provided or, subject
to the FCA&#8217;s consideration of the case, be provided on a synthetic basis and no longer be representative of the underlying market
and economic reality they are intended to measure and that representativeness will not be restored.&nbsp;&nbsp;There is no assurance that
dates announced by the FCA will not change or that the administrator of LIBOR and/or regulators will not take further action that could
impact the availability, composition, or characteristics of LIBOR or the currencies and/or tenors for which LIBOR is published.&nbsp;&nbsp;Each
party to this Agreement should consult its own advisors to stay informed of any such developments.&nbsp;&nbsp;Public and private sector
industry initiatives are currently underway to identify new or alternative reference rates to be used in place of LIBOR.&nbsp;&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">Upon the occurrence of a Benchmark Transition
Event, a Term SOFR Transition Event, an Early Opt-in Election or an Other Benchmark Rate Election, <U>Section 2.10(b), Section 2.10(c)</U>
and <U>Section 2.10(d)</U> provide the mechanism for determining an alternative rate of interest.&nbsp;&nbsp;The Administrative Agent
will promptly notify the Borrower, pursuant to <U>Section 2.10(e)</U>, of any change to the reference rate upon which the interest rate
on Eurocurrency Loans is based.&nbsp;&nbsp;However, the Administrative Agent does not warrant or accept any responsibility for, and shall
not have any liability with respect to, the administration, submission or any other matter related to the London interbank offered rate
or other rates in the definition of &#8220;LIBO Rate&#8221; or with respect to any alternative or successor rate thereto, or replacement
rate thereof (including, without limitation, (i) any such alternative, successor or replacement rate implemented pursuant to <U>Section
2.10(b)</U> and <U>Section 2.10(d)</U>, whether upon the occurrence of a Benchmark Transition Event or an Early Opt-in Election, and (ii)
the implementation of any Benchmark Replacement Conforming Changes pursuant to <U>Section 2.10(d)</U>), including without limitation,
whether the composition or characteristics of any such alternative, successor or replacement reference rate will be similar to, or produce
the same value or economic equivalence of, the LIBO Rate or have the same volume or liquidity as did the London interbank offered rate
prior to its discontinuance or unavailability.&nbsp;&nbsp;The Administrative Agent and its affiliates and/or other related entities may
engage in transactions that affect the calculation of any alternative, successor or alternative rate (including any Benchmark Replacement)
and/or any relevant adjustments thereto, in each case, in a manner adverse to the Borrower.&nbsp;&nbsp;The Administrative Agent may select
information sources or services in its reasonable discretion to ascertain the Adjusted LIBO Rate, any component thereof, or rates referenced
in the definition thereof, in each case pursuant to the terms of this Agreement, and shall have no liability to the Borrower, any Lender
or any other Person for damages of any kind, including direct or indirect, special, punitive, incidental or consequential damages, costs,
losses or expenses (whether in tort, contract or otherwise and whether at law or in equity), for any error or calculation of any such
rate (or component thereof) provided by any such information source or service.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">1.4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Divisions</U>.&nbsp;&nbsp;For
all purposes under the Loan Documents, in connection with any division or plan of division under Delaware law (or any comparable event
under a different jurisdiction&#8217;s laws):&nbsp;&nbsp;(a) if any asset, right, obligation or liability of any Person becomes the asset,
right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the
subsequent Person, and (b) if any new Person comes into existence, such new Person shall be deemed to have been organized and acquired
on the first date of its existence by the holders of its Capital Stock at such time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">SECTION 2.&nbsp;&nbsp;&nbsp;&nbsp;AMOUNT AND
TERMS OF PARTICIPATIONS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">2.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Revolving
Credit Loans</U>.&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(a) <U>Revolving
Credit Loans</U>.&nbsp;&nbsp;Subject to the terms and conditions hereof, each Approving Lender severally agrees to make revolving credit
loans in Dollars to the Borrower from time to time during the Funding Request Period in an aggregate principal amount at any one time
outstanding which does not exceed such Approving Lender&#8217;s Participation at such time; <U>provided</U>, that, after giving effect
to any borrowing of Loans requested, the Total Loans shall not exceed the Adjusted Total Participations then in effect.&nbsp;&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify">During the Funding Request Period, the
Borrower may use the Participations by borrowing, prepaying the Loans in whole or in part, and re-borrowing, all in accordance with the
terms and conditions hereof.&nbsp;&nbsp;Subject to <U>Section 2.10</U>, each Loan shall be either an ABR Loan or a Eurocurrency Loan,
as determined by the Borrower and notified to the Administrative Agent in accordance with <U>Sections 2.2</U> and <U>2.6</U>.&nbsp;&nbsp;The
Borrower shall repay all outstanding Loans not later than the Termination Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(b) <U>Participation
Increase</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(i) Notwithstanding anything
to the contrary contained in this Agreement, the Borrower may request from time to time that the aggregate Participations hereunder be
increased by an aggregate amount not to exceed $250,000,000 in total for the Facilities.&nbsp;&nbsp;The Borrower may (I) request one or
more of the Lenders to increase the amount of its Participation (which request shall be in writing and sent to the Administrative Agent
to forward to such Lender or Lenders) and/or (II) arrange for one or more banks or financial institutions not a party hereto (an &#8220;<U>Other
Lender</U>&#8221;) to become parties to and Lenders under this Agreement, <U>provided</U> that the identification and arrangement of each
Other Lender to become a party hereto and a Lender under this Agreement shall be made in consultation with the Administrative Agent.&nbsp;&nbsp;In
no event may any Lender&#8217;s Participation be increased without the prior written consent of such Lender, and the failure of any Lender
to respond to the Borrower&#8217;s request for an increase shall be deemed a rejection by such Lender of the Borrower&#8217;s request.&nbsp;&nbsp;The
aggregate Participations of all Lenders hereunder may not be increased if, at the time of any proposed increase hereunder, a Default or
Event of Default has occurred and is continuing.&nbsp;&nbsp;Notwithstanding anything contained in this Agreement to the contrary, no Lender
shall have any obligation whatsoever to increase the amount of its Participation, and each Lender may at its option, unconditionally and
without cause, decline to increase its Participation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(ii) If any Lender is
willing, in its sole and absolute discretion, to increase the amount of its Participation hereunder (such a Lender hereinafter referred
to as an &#8220;<U>Increasing Lender</U>&#8221;), it shall enter into a written agreement to that effect with the Borrower and the Administrative
Agent, substantially in the form of <U>Exhibit F</U> (a &#8220;<U>Participation Increase Supplement</U>&#8221;), which agreement shall
specify, among other things, the amount of the increased Participation of such Increasing Lender.&nbsp;&nbsp;Upon the effectiveness of
such Increasing Lender&#8217;s increase in Participation, <U>Schedule 1.1</U> shall, without further action, be deemed to have been amended
appropriately to reflect the increased Participation of such Increasing Lender.&nbsp;&nbsp;Any Other Lender which is willing to become
a party hereto and a Lender hereunder (and which arrangement to become a party hereto and a Lender hereunder has been consulted by the
Borrower with the Administrative Agent) shall enter into a written agreement with the Borrower and the Administrative Agent, substantially
in the form of <U>Exhibit G</U> (an &#8220;<U>Additional Lender Supplement</U>&#8221;), which agreement shall specify, among other things,
its Participation hereunder.&nbsp;&nbsp;When such Other Lender becomes a Lender hereunder as set forth in the Additional Lender Supplement,
<U>Schedule 1.1</U> shall, without further action, be deemed to have been amended as appropriate to reflect the Participation of such
Other Lender.&nbsp;&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify">Upon the execution by the Administrative
Agent, the Borrower and such Other Lender of such Additional Lender Supplement, such Other Lender shall become and be deemed a party hereto
and a &#8220;Lender&#8221; hereunder for all purposes hereof and shall enjoy all rights and assume all obligations on the part of the
Lenders set forth in this Agreement, and its Participation shall be the amount specified in its Additional Lender Supplement.&nbsp;&nbsp;Each
Other Lender which executes and delivers an Additional Lender Supplement and becomes a party hereto and a &#8220;Lender&#8221; hereunder
pursuant to such Additional Lender Supplement is hereinafter referred to as an &#8220;<U>Additional Lender</U>.&#8221;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(iii) In no event shall
an increase in a Lender&#8217;s Participation or the Participation of an Other Lender become effective until the Administrative Agent
shall have received an acknowledgement and consent from the Guarantor that the Guaranty Agreement remains valid and enforceable.&nbsp;&nbsp;In
no event shall an increase in a Lender&#8217;s Participation or the Participation of an Other Lender which results in the Total Participations
of all Lenders hereunder exceeding the amount which is authorized at such time in resolutions previously delivered to the Administrative
Agent become effective until the Administrative Agent shall have received a copy of the resolutions, in form and substance satisfactory
to the Administrative Agent, of the Board of Directors of the Guarantor authorizing the borrowings by the Borrower contemplated pursuant
to such increase, certified by the Secretary or an Assistant Secretary of the Guarantor.&nbsp;&nbsp;Upon the effectiveness of the increase
in a Lender&#8217;s Participation or the Participation of an Other Lender pursuant to the preceding sentence and execution by an Increasing
Lender of a Participation Increase Supplement or by an Additional Lender of an Additional Lender Supplement, the Borrower shall make such
borrowing from such Increasing Lender or Additional Lender, and/or shall make such prepayment of outstanding Loans, as shall be required
to cause the aggregate outstanding principal amount of Loans owing to each Lender (including each such Increasing Lender and Additional
Lender) to be proportional to such Lender&#8217;s share of the Adjusted Total Participations hereunder after giving effect to any increase
thereof.&nbsp;&nbsp;The Borrower agrees to indemnify each Lender and to hold each Lender harmless from any loss or expense incurred as
a result of any such prepayment in accordance with <U>Section 2.15</U>, as applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 0.5in">(iv) No Other Lender
may become an Additional Lender unless an Additional Lender Supplement (or counterparts thereof) has been signed by such bank or financial
institution and which Additional Lender Supplement has been agreed to and acknowledged by the Borrower and acknowledged by the Administrative
Agent.&nbsp;&nbsp;No consent of any Lender or acknowledgment of any of the other Lenders hereunder shall be required therefor.&nbsp;&nbsp;In
no event shall the Participation of any Lender be increased by reason of any bank or financial institution becoming an Additional Lender,
or otherwise, but the Total Participations hereunder shall be increased by the amount of each Additional Lender&#8217;s Participation.&nbsp;&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify">Upon any Lender entering into a Participation
Increase Supplement or any Additional Lender becoming a party hereto, the Administrative Agent shall notify each other Lender thereof
and shall deliver to each Lender a copy of the Additional Lender Supplement executed by such Additional Lender and agreed to and acknowledged
by the Borrower and acknowledged by the Administrative Agent, and the Participation Supplement executed by such Increasing Lender and
agreed to and acknowledged by the Borrower and acknowledged by the Administrative Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(c) The Borrower
may extend the Termination Date as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(i) Not less than ninety
(90) days prior to the existing Termination Date, the Borrower may make a written request for an extension (an &#8220;<U>Extension Request</U>&#8221;)
of the Termination Date to the Administrative Agent, who shall forward a copy of any such request to each of the Lenders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(ii) Each Lender, acting
in its sole discretion and with no obligation to agree to extend the Termination Date with respect to its Participation pursuant to this
<U>Section 2.1(c)</U>, shall by written notice to the Borrower and the Administrative Agent no later than sixty (60) days prior to the
existing Termination Date (such date, the &#8220;<U>Response Deadline</U>&#8221;) advise the Borrower and the Administrative Agent whether
or not such Lender agrees to the extension of the Termination Date.&nbsp;&nbsp;If any Lender shall not have responded affirmatively to
such Extension Request by the Response Deadline, such Lender shall be deemed to have rejected the Borrower&#8217;s Extension Request.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(iii) Any Lender that
has rejected an Extension Request shall, on the existing Termination Date (A) be repaid in full the amount of all Loans held by or owing
to such Lender and such Lender&#8217;s Participation shall be terminated in full, and/or (B) be replaced as a Lender as if such Lender
had been a Declining Lender, otherwise pursuant to the terms thereof, or (C) repaid in part and replaced in part pursuant to the terms
hereof, so that the Lender shall (1) not have any outstanding participations in any Loans and (2) not be owed any amounts in respect of
Loans and Participations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(iv) After delivery of
an Extension Request, as of the existing Termination Date, and immediately after each Lender (if any) not consenting to an Extension Request
has been repaid and/or replaced in accordance with <U>clause (iii)</U> above, the Termination Date with respect to all accepting Lenders,
all replacement Lenders and for all purposes hereunder shall be the date that is up to 364 days after the existing Termination Date as
specified in the Extension Request.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">2.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Procedure
for Loan Borrowing</U>.&nbsp;&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(a) The Borrower
may borrow under the Total Participations during the Funding Request Period on any Business Day; <U>provided</U> that the Borrower shall
give the Administrative Agent irrevocable notice (a &#8220;<U>Borrowing Notice</U>&#8221;) (which Borrowing Notice must be received by
(a) the Administrative Agent prior to 11:00 A.M., New York City time, three (3) Business Days prior to the requested Borrowing Date, in
the case of Eurocurrency Loans, or (b) the Administrative Agent prior to 11:00 A.M., New York City time, on the requested Borrowing Date,
in the case of ABR Loans), specifying (i) the amount and Type of Loans to be borrowed, (ii) the requested Borrowing Date, and (iii) in
the case of Eurocurrency Loans, the length of the initial Interest Period therefor.&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(b) Each borrowing
under the Total Participations shall be in an amount equal to (x) in the case of ABR Loans, $1,000,000 or a whole multiple thereof (or,
if the then aggregate Available Participations are less than $1,000,000, such lesser amount), and (y) in the case of Eurocurrency Loans,
$5,000,000 or a whole multiple of $1,000,000 in excess thereof.&nbsp;&nbsp;Upon receipt of any Borrowing Notice from the Borrower, the
Administrative Agent shall promptly notify each Lender thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(c) With respect
to each borrowing requested by the Borrower, each then Approving Lender will make the amount of its Participation Percentage of each borrowing
available to the Administrative Agent for the account of the Borrower at the Funding Office prior to 2:00 P.M., New York City time (the
&#8220;<U>Borrowing Time</U>&#8221;), on the Borrowing Date requested by the Borrower, in each case in funds immediately available in
Dollars to the Administrative Agent.&nbsp;&nbsp;Such borrowing will then be made available at 2:00 P.M., New York City time on the Borrowing
Date to the Borrower by the Administrative Agent crediting the account of the Borrower on the books of such office with the aggregate
of the amounts made available to the Administrative Agent by the Lenders and in like funds as received by the Administrative Agent.&nbsp;&nbsp;Should
any such Borrowing Notice from the Borrower indicate an account on the books of another bank or financial institution, the Administrative
Agent shall transfer the amounts described in such Borrowing Notice to such account within a reasonable period of time.&nbsp;&nbsp;For
the avoidance of doubt, any Declining Lender shall remain obligated to fund Loans with respect to any Borrowing Notice delivered by the
Borrower to the Administrative Agent prior to the delivery of the Declining Lender Notice by such Declining Lender.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">2.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Fees,
etc</U>.&nbsp;&nbsp;The Borrower agrees to pay to the Administrative Agent the fees in the amounts and on the dates previously agreed
to in writing by the Borrower and the Administrative Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">2.4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Termination
or Reduction of Participations</U>.&nbsp;&nbsp;The Borrower shall have the right, upon not less than three (3) Business Days&#8217; notice
to the Administrative Agent, to terminate the Participations or, from time to time, to reduce the amount of the Participations; <U>provided</U>
that no such termination or reduction of Participations shall be permitted if, after giving effect thereto and to any prepayments of the
Loans made on the effective date thereof, the Total Loans would exceed the Adjusted Total Participations, respectively.&nbsp;&nbsp;Any
such reduction shall be in an amount equal to at least $1,000,000 or any larger whole multiple thereof, and shall reduce permanently the
Participations, as applicable, then in effect.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">2.5&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Prepayments</U>.&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(a) The Borrower
may at any time and from time to time prepay the Loans, in whole or in part, without premium or penalty, upon irrevocable notice delivered
to the Administrative Agent no later than (i) 10:00&nbsp;A.M., New York City time, three (3) Business Days prior thereto, in the case
of Eurocurrency Loans, and (ii) 10:00&nbsp;A.M., New York City time, on the date thereof, in the case of ABR Loans, which notice shall
specify the date and amount of prepayment and whether the prepayment is of Eurocurrency Loans or ABR Loans; <U>provided</U>, that if a
Eurocurrency Loan is prepaid on any day other than the last day of the Interest Period applicable thereto, the Borrower shall also pay
any amounts owing pursuant to <U>Section&nbsp;2.14</U>.&nbsp;&nbsp;Upon receipt of any such notice the Administrative Agent shall promptly
notify each relevant Lender thereof.&nbsp;&nbsp;If any such notice is given, the amount specified in such notice shall be due and payable
on the date specified therein, together with accrued interest to such date on the amount prepaid.&nbsp;&nbsp;Partial prepayments of Loans
shall be in an aggregate principal amount of $1,000,000 or a whole multiple thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(b) If, on any day,
the sum of the aggregate outstanding principal amount of the Loans hereunder and Pari Passu Indebtedness (after converting all such amounts
into the then Dollar Equivalent thereof) exceeds the then current Series 2002-1 Invested Amount outstanding under the Series 2002-1 VFC
(after giving effect to any increases or decreases therein on such day), the Borrower shall prepay Loans and/or Pari Passu Indebtedness
in an amount sufficient to comply with <U>Section 5.2(a)</U>.&nbsp;&nbsp;Any such prepayment of Loans pursuant to this <U>Section 2.5(b)</U>
shall be made together with accrued interest to the date of such prepayment on the amount prepaid and the Borrower shall also pay any
amounts owing pursuant to <U>Section 2.14</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(c) If, on any date,
the Total Loans outstanding on such date exceed the Adjusted Total Participations in effect on such date, the Borrower immediately shall
prepay the Loans in the amount of such excess.&nbsp;&nbsp;Any such prepayment of Loans pursuant to this <U>Section 2.5(c)</U> shall be
made together with accrued interest to the date of such prepayment on the amount prepaid and the Borrower shall also pay any amounts owing
pursuant to <U>Section 2.15</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(d) If any Lender
has become a Declining Lender prior to the delivery of a notice by the Borrower for an applicable Eurocurrency Conversion Date, ABR Conversion
Date or Continuation Date, then the Loans in respect of such Declining Lender subject to such notice shall be repaid to such Declining
Lender on such Eurocurrency Conversion Date, ABR Conversion Date or Continuation Date, as applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">2.6&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Conversion
and Continuation Options</U>.&nbsp;&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(a) The Borrower
may elect from time to time to convert Eurocurrency Loans to ABR Loans by giving the Administrative Agent prior irrevocable notice of
such election no later than 10:00&nbsp;A.M., New York City time, on the Business Day preceding the proposed conversion date (such conversion
date, the &#8220;<U>Eurocurrency Conversion Date</U>&#8221;), <U>provided</U> that any such conversion of Eurocurrency Loans may only
be made on the last day of an Interest Period with respect thereto.&nbsp;&nbsp;The Borrower may elect from time to time to convert ABR
Loans to Eurocurrency Loans by giving the Administrative Agent prior irrevocable notice of such election no later than 10:00&nbsp;A.M.,
New York City time, on the fourth (4th) Business Day preceding the proposed conversion date (such conversion date, the &#8220;<U>ABR Conversion
Date</U>&#8221;) (which notice shall specify the length of the initial Interest Period therefor), <U>provided</U> that no ABR Loan may
be converted into a Eurocurrency Loan when any Event of Default has occurred and is continuing and the Administrative Agent or the Required
Lenders have determined in its or their sole discretion not to permit such conversions.&nbsp;&nbsp;Upon receipt of any such notice the
Administrative Agent shall promptly notify each relevant Lender thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(b) Any Eurocurrency
Loan may be continued as such upon the expiration of the then current Interest Period with respect thereto by the Borrower giving irrevocable
notice to the Administrative Agent, in accordance with the applicable provisions of the term &#8220;Interest Period&#8221; set forth in
<U>Section 1.1</U> (the date of such continuation, the &#8220;<U>Continuation Date</U>&#8221;), of the length of the next Interest Period
to be applicable to such Loans, <U>provided</U> that no Eurocurrency Loan may be continued as such when any Event of Default has occurred
and is continuing and the Administrative Agent has or the Required Lenders have determined in its or their sole discretion not to permit
such continuations, and <U>provided</U>, <U>further</U>, that if the Borrower shall fail to give any required notice as described above
in this paragraph or if such continuation is not permitted pursuant to the preceding proviso, any such Eurocurrency Loans shall be automatically
converted to ABR Loans on the last day of such then expiring Interest Period.&nbsp;&nbsp;Upon receipt of any such notice the Administrative
Agent shall promptly notify each relevant Lender thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">2.7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Limitations
on Eurocurrency Borrowings</U>.&nbsp;&nbsp;Notwithstanding anything to the contrary in this Agreement, all borrowings, conversions and
continuations of Eurocurrency Loans and all selections of Interest Periods shall be in such amounts and be made pursuant to such elections
so that, after giving effect thereto, (a) the aggregate principal amount of the Eurocurrency Loans comprising each Eurocurrency Borrowing
shall be equal to $5,000,000 or a whole multiple of $1,000,000 in excess thereof, and (b) no more than fifteen (15) Eurocurrency Borrowings
shall be outstanding at any one time.&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">2.8&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Interest
Rates and Payment Dates</U>.&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(a) Each Eurocurrency
Loan shall bear interest for each day during each Interest Period with respect thereto at a rate per annum equal to (i) the Adjusted LIBO
Rate determined for such day plus (ii) the Applicable Margin.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(b) Each ABR Loan
shall bear interest at a rate per annum equal to (i) the ABR plus (with the following amount in no event to be less than zero) (ii) the
Applicable Margin <U>minus</U> one percent (1%).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(c) During the continuance
of an Event of Default all outstanding Loans (whether or not overdue) shall bear interest at a rate per annum equal to the rate that would
otherwise be applicable thereto pursuant to the foregoing provisions of this Section <U>plus</U> 2%.&nbsp;&nbsp;If all or a portion of
any interest payable on any Loan or any other amount payable hereunder (other than any amount to which the preceding sentence is applicable)
shall not be paid when due (whether at the stated maturity, by acceleration or otherwise), such overdue amount shall bear interest at
a rate per annum equal to the rate then applicable to ABR Loans <U>plus</U> 2% from the date of such non&#45;payment until such amount
is paid in full (as well after as before judgment).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(d) Interest shall
be payable in arrears on each Interest Payment Date, <U>provided</U> that interest accruing pursuant to paragraph (c) of this Section
shall be payable from time to time on demand.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">2.9&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Computation
of Interest and Fees</U>.&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(a) Interest and
fees payable pursuant hereto shall be calculated on the basis of a 360-day year for the actual days elapsed, except that, with respect
to ABR Loans the rate of interest on which is calculated on the basis of the Prime Rate, the interest thereon shall be calculated on the
basis of a 365- (or 366-, as the case may be) day year for the actual days elapsed.&nbsp;&nbsp;The Administrative Agent shall as soon
as practicable notify the Borrower and the relevant Lenders of each determination of an Adjusted LIBO Rate.&nbsp;&nbsp;Any change in the
interest rate on a Loan resulting from a change in the ABR or the Statutory Reserve Rate shall become effective as of the opening of business
on the day on which such change becomes effective.&nbsp;&nbsp;The Administrative Agent shall as soon as practicable notify the Borrower
and the relevant Lenders of the effective date and the amount of each such change in interest rate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(b) Each determination
of an interest rate by the Administrative Agent pursuant to any provision of this Agreement shall be conclusive and binding on the Borrower
and the Lenders in the absence of manifest error.&nbsp;&nbsp;The Administrative Agent shall, at the request of the Borrower, deliver to
the Borrower a statement showing the quotations used by the Administrative Agent in determining any interest rate pursuant to <U>Sections
2.8(a)</U> and <U>(b)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">2.10&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Alternate
Rate of Interest</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(a) Subject to clauses
(b), (c), (d), (e), (f) and (g)of this <U>Section 2.10</U>, if prior to the first day of any Interest Period for a Eurocurrency Loan:&nbsp;&nbsp;(i)
the Administrative Agent determines (which determination shall be conclusive absent manifest error) that adequate and reasonable means
do not exist for ascertaining the Adjusted LIBO Rate or the LIBO Rate, as applicable, for Dollars and for any requested Interest Period,
including because the LIBO Screen Rate is not available or published on a current basis; or (ii) the Administrative Agent is advised by
the Required Lenders that the Adjusted LIBO Rate or the LIBO Rate, as applicable, for Dollars and any requested Interest Period will not
adequately and fairly reflect the cost to such Lenders (or Lender) of making or maintaining their Loans (or its Loan), including in such
Borrowing for the applicable currency and such Interest Period;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify">then the Administrative Agent shall
give notice thereof to the Borrower and the Lenders by telephone, telecopy or electronic mail as promptly as practicable thereafter and,
until the Administrative Agent notifies the Borrower and the Lenders that the circumstances giving rise to such notice no longer exist,
(x) any interest election request that requests the conversion of any Borrowing to, or continuation of any Borrowing as, a Eurocurrency
Loan shall be ineffective and (B) if any Borrowing request requests Eurocurrency Loans, such Borrowing shall be made as ABR Loans. Furthermore,
if any Eurocurrency Loan is outstanding on the date of the Borrower&#8217;s receipt of the notice from the Administrative Agent referred
to in this Section 2.10 with respect to the applicable rate applicable to such Eurocurrency Loan, then until the Administrative Agent
notifies the Borrower and the Lenders that the circumstances giving rise to such notice no longer exist, (i) then on the last day of the
Interest Period applicable to such Eurocurrency Loan (or the next succeeding Business Day if such day is not a Business Day), such Eurocurrency
Loan shall be converted by the Administrative Agent to, and shall constitute an ABR Loan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(b) <U>Benchmark
Replacement</U>.&nbsp;&nbsp;Notwithstanding anything to the contrary herein or in any other Loan Document, if a Benchmark Transition Event,
an Early Opt-in Election or an Other Benchmark Rate Election, as applicable, and its related Benchmark Replacement Date have occurred
prior to the Reference Time in respect of any setting of the then-current Benchmark, then (x) if a Benchmark Replacement is determined
in accordance with clause (1) or (2) of the definition of &#8220;Benchmark Replacement&#8221; for such Benchmark Replacement Date, such
Benchmark Replacement will replace such Benchmark for all purposes hereunder and under any Loan Document in respect of such Benchmark
setting and subsequent Benchmark settings without any amendment to, or further action or consent of any other party to, this Agreement
or any other Loan Document and (y) if a Benchmark Replacement is determined in accordance with clause (3) of the definition of &#8220;Benchmark
Replacement&#8221; for such Benchmark Replacement Date, such Benchmark Replacement will replace such Benchmark for all purposes hereunder
and under any Loan Document in respect of any Benchmark setting at or after 5:00 p.m. (New York City time) on the fifth (5th) Business
Day after the date notice of such Benchmark Replacement is provided to the Lenders without any amendment to, or further action or consent
of any other party to, this Agreement or any other Loan Document so long as the Administrative Agent has not received, by such time, written
notice of objection to such Benchmark Replacement from Lenders comprising the Required Lenders..</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(c) <U>Flip Forward</U>.&nbsp;&nbsp;Notwithstanding
anything to the contrary herein or in any other Loan Document and subject to the proviso below in this paragraph, if a Term SOFR Transition
Event and its related Benchmark Replacement Date have occurred prior to the Reference Time in respect of any setting of the then-current
Benchmark, then the applicable Benchmark Replacement will replace the then-current Benchmark for all purposes hereunder or under any Loan
Document in respect of such Benchmark setting and subsequent Benchmark settings, without any amendment to, or further action or consent
of any other party to, this Agreement or any other Loan Document;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify"><U>provided</U> that, this <U>Section
2.10(c)</U> shall not be effective unless the Administrative Agent has delivered to the Lenders and the Borrower a Term SOFR Notice.&nbsp;&nbsp;Notwithstanding
anything contained herein to the contrary, the Administrative Agent shall not be required to deliver a Term SOFR Notice after the occurrence
of a Term SOFR Transition Event and may do so in its sole discretion.&nbsp;&nbsp;For the avoidance of doubt, any applicable provisions
set forth in this <U>Section 2.10</U> shall apply with respect to any Term SOFR transition pursuant to this <U>Section 2.10(c)</U> as
if such forward-looking term rate was initially determined in accordance herewith including, without limitation, the provisions set forth
in <U>Section 2.10(d)</U> and <U>Section 1.3</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(d) <U>Benchmark
Replacement Conforming Changes</U>.&nbsp;&nbsp;In connection with the implementation of a Benchmark Replacement, the Administrative Agent
will have the right to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein
or in any other Loan Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without
any further action or consent of any other party to this Agreement or any other Loan Document.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(e) <U>Notices;
Standards for Decisions and Determinations</U>.&nbsp;&nbsp;The Administrative Agent will promptly notify the Borrower and the Lenders
of (i) any occurrence of a Benchmark Transition Event, an Early Opt-in Election or Other Benchmark Rate Election, as applicable, and its
related Benchmark Replacement Date, (ii) the implementation of any Benchmark Replacement, (iii) the effectiveness of any Benchmark Replacement
Conforming Changes, (iv) the removal or reinstatement of any tenor of a Benchmark pursuant to <U>clause (f)</U> below and (v) the commencement
or conclusion of any Benchmark Unavailability Period.&nbsp;&nbsp;Any determination, decision or election that may be made by the Administrative
Agent or, if applicable, any Lender (or group of Lenders) pursuant to this <U>Section 2.10</U>, including any determination with respect
to a tenor, rate or adjustment or of the occurrence or non-occurrence of an event, circumstance or date and any decision to take or refrain
from taking any action or any selection, will be conclusive and binding absent manifest error and may be made in its or their sole discretion
and without consent from any other party to this Agreement or any other Loan Document, except, in each case, as expressly required pursuant
to this <U>Section 2.10</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(f) <U>Unavailability
of Tenor of Benchmark</U>.&nbsp;&nbsp;Notwithstanding anything to the contrary herein or in any other Loan Document, at any time (including
in connection with the implementation of a Benchmark Replacement), (i) if the then-current Benchmark is a term rate (including Term SOFR
or LIBO Rate) and either (A) any tenor for such Benchmark is not displayed on a screen or other information service that publishes such
rate from time to time as selected by the Administrative Agent in its reasonable discretion or</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify">(B) the regulatory supervisor for the
administrator of such Benchmark has provided a public statement or publication of information announcing that any tenor for such Benchmark
is or will be no longer representative, then the Administrative Agent may modify the definition of &#8220;Interest Period&#8221; for any
Benchmark settings at or after such time to remove such unavailable or non-representative tenor and (ii) if a tenor that was removed pursuant
to clause (i) above either (A) is subsequently displayed on a screen or information service for a Benchmark (including a Benchmark Replacement)
or (B) is not, or is no longer, subject to an announcement that it is or will no longer be representative for a Benchmark (including a
Benchmark Replacement), then the Administrative Agent may modify the definition of &#8220;Interest Period&#8221; for all Benchmark settings
at or after such time to reinstate such previously removed tenor.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(g) <U>Benchmark
Unavailability Period</U>.&nbsp;&nbsp;Upon the Borrower&#8217;s receipt of notice of the commencement of a Benchmark Unavailability Period,
the Borrower may revoke any request for a Borrowing of, conversion to or continuation of Eurocurrency Loans to be made, converted or continued
during any Benchmark Unavailability Period and, failing that, the Borrower will be deemed to have converted any such request into a request
for a Borrowing of or conversion to ABR Loans.&nbsp;&nbsp;During any Benchmark Unavailability Period or at any time that a tenor for the
then-current Benchmark is not an Available Tenor, the component of ABR based upon the then-current Benchmark or such tenor for such Benchmark,
as applicable, will not be used in any determination of ABR.&nbsp;&nbsp;Furthermore, if any Loan is outstanding on the date of the Borrower&#8217;s
receipt of notice of the commencement of a Benchmark Unavailability Period, then until such time as a Benchmark Replacement is implemented
pursuant to this <U>Section 2.10</U> on the last day of the Interest Period applicable to such Loan (or the next succeeding Business Day
if such day is not a Business Day), such Loan shall be converted by the Administrative Agent to, and shall constitute, an ABR Loan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">2.11&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Pro
Rata Treatment and Payments</U>.&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(a) Each
borrowing by the Borrower from the Lenders hereunder shall be made pro rata according to the respective Participations of the
Lenders.&nbsp;&nbsp;Except as otherwise provided in <U>Section 2.17(b)</U>, any reduction of the Participations of the Lenders
shall be made <U>pro</U>&nbsp;<U>rata</U> according to the respective Participations of the Lenders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(b) Except as otherwise
provided in <U>Section 2.17(b)</U>, each payment (including each prepayment) by the Borrower on account of principal of and interest on
the Loans shall be made <U>pro</U>&nbsp;<U>rata</U> according to the respective outstanding principal amounts of the Loans then held by the Lenders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(c) All payments
(including prepayments) to be made by the Borrower hereunder, whether on account of principal, interest, fees or otherwise, shall be made
without setoff or counterclaim and shall be made prior to 12:00 Noon, New York City time, on the due date thereof to the Administrative
Agent, for the account of the Lenders, at the Funding Office, in immediately available funds.&nbsp;&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify">Payments and prepayments of all amounts
hereunder shall be made in Dollars.&nbsp;&nbsp;The Administrative Agent shall distribute such payments to the Lenders promptly upon receipt
in like funds as received.&nbsp;&nbsp;If any payment hereunder (other than payments on the Eurocurrency Loans) becomes due and payable
on a day other than a Business Day, such payment shall be extended to the next succeeding Business Day.&nbsp;&nbsp;If any payment on a
Eurocurrency Loan becomes due and payable on a day other than a Business Day, the maturity thereof shall be extended to the next succeeding
Business Day unless the result of such extension would be to extend such payment into another calendar month, in which event such payment
shall be made on the immediately preceding Business Day.&nbsp;&nbsp;In the case of any extension of any payment of principal pursuant
to the preceding two sentences, interest thereon shall be payable at the then applicable rate during such extension.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(d) Unless the Administrative
Agent shall have been notified in writing by any Lender prior to the Borrowing Time on a Borrowing Date that such Lender will not make
the amount that would constitute its share of such borrowing on such date available to the Administrative Agent, the Administrative Agent
may assume that such Lender has made such amount available to the Administrative Agent on such Borrowing Date, and the Administrative
Agent may, but shall not be so required to, in reliance upon such assumption, make available to the Borrower a corresponding amount.&nbsp;&nbsp;If
such amount is not made available to the Administrative Agent by the required time on such Borrowing Date, and if the Administrative Agent
makes such corresponding amount available to the Borrower, then such Lender shall pay to the Administrative Agent, on demand, such amount
with interest thereon, at a rate equal to the greater of (i) the NYFRB Rate and (ii) a rate determined by the Administrative Agent in
accordance with banking industry rules on interbank compensation, for the period until such Lender makes such amount immediately available
to the Administrative Agent.&nbsp;&nbsp;A certificate of the Administrative Agent submitted to any Lender with respect to any amounts
owing under this paragraph shall be conclusive in the absence of manifest error.&nbsp;&nbsp;If the Administrative Agent makes such Lender&#8217;s
share of such borrowing available to the Borrower, and if such Lender&#8217;s share of such borrowing is not made available to the Administrative
Agent by such Lender within three (3) Business Days after such Borrowing Date, the Administrative Agent shall also be entitled to recover
such amount with interest thereon at the rate per annum applicable to ABR Loans, on demand, from the Borrower.&nbsp;&nbsp;The failure
of any Lender to make any Loan on any Borrowing Date shall not relieve any other Lender of its obligation hereunder to make a Loan on
such Borrowing Date pursuant to the provisions contained herein, but no Lender shall be responsible for the failure of any other Lender
to make the Loan to be made by such other Lender on any Borrowing Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(e) Unless the Administrative
Agent shall have been notified in writing by the Borrower prior to the date of any payment due to be made by the Borrower hereunder that
the Borrower will not make such payment to the Administrative Agent, the Administrative Agent may assume that the Borrower is making such
payment, and the Administrative Agent may, but shall not be required to, in reliance upon such assumption, make available to the Lenders
their respective <U>pro</U>&nbsp;<U>rata</U> shares of a corresponding amount.&nbsp;&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify">If such payment is not made to the Administrative
Agent by the Borrower within three (3) Business Days after such due date, the Administrative Agent shall be entitled to recover, on demand,
from each Lender to which any amount which was made available pursuant to the preceding sentence, such amount with interest thereon at
the rate per annum equal to the daily average NYFRB Rate.&nbsp;&nbsp;Nothing herein shall be deemed to limit the rights of the Administrative
Agent or any Lender against the Borrower.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">2.12&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Requirements
of Law</U>.&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(a) If the adoption
of or any change in any Requirement of Law or in the interpretation or application thereof or compliance by any Lender with any request
or directive (whether or not having the force of law) from any central bank or other Governmental Authority made subsequent to the date
hereof (a &#8220;<U>Change in Law</U>&#8221;):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(i) shall subject any
Lender to any Taxes (other than (A) Indemnified Taxes, (B) Taxes described in clauses (b) through (d) of the definition of Excluded Taxes
and (C) Connection Income Taxes) on its loans, loan principal, letters of credit, commitments or other obligations, or its deposits, reserves,
other liabilities or capital attributable thereto;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(ii) shall impose,
modify or hold applicable any reserve, special deposit, compulsory loan or similar requirement against assets held by, deposits or other
liabilities in or for the account of, advances, loans or other extensions of credit by, or any other acquisition of funds by, any office
of such Lender that is not otherwise included in the determination of the Adjusted LIBO Rate; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(iii) shall impose
on such Lender any other condition;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">and the result of any of the foregoing is to
increase the cost to such Lender, by an amount that such Lender deems to be material, of making, converting into, continuing or maintaining
any Loans or to reduce any amount receivable hereunder in respect thereof, then, in any such case, the Borrower shall promptly pay such
Lender, upon its demand, any additional amounts necessary to compensate such Lender for such increased cost or reduced amount receivable.&nbsp;&nbsp;If
any Lender becomes entitled to claim any additional amounts pursuant to this paragraph, it shall promptly notify the Borrower (with a
copy to the Administrative Agent) of the event by reason of which it has become so entitled.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(b) If any Lender
shall have determined that the adoption of or any change in any Requirement of Law regarding capital adequacy or liquidity or in the interpretation
or application thereof or compliance by such Lender or any corporation controlling such Lender with any request or directive regarding
capital adequacy or liquidity (whether or not having the force of law) from any Governmental Authority made subsequent to the date hereof
shall have the effect of reducing the rate of return on such Lender&#8217;s or such corporation&#8217;s capital as a consequence of its
obligations hereunder to a level below that which such Lender or such corporation could have achieved but for such adoption, change or
compliance (taking into consideration such Lender&#8217;s or such corporation&#8217;s policies with respect to capital adequacy or liquidity)
by an amount deemed by such Lender to be material,</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify">then from time to time, after submission
by such Lender to the Borrower (with a copy to the Administrative Agent) of a written request therefor, the Borrower shall pay to such
Lender such additional amount or amounts as will compensate such Lender or such corporation for such reduction; <U>provided</U> that the
Borrower shall not be required to compensate a Lender pursuant to this paragraph for any amounts incurred more than six Months prior to
the date that such Lender notifies the Borrower of such Lender&#8217;s intention to claim compensation therefor; and <U>provided further</U>
that, if the circumstances giving rise to such claim have a retroactive effect, then such six-Month period shall be extended to include
the period of such retroactive effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(c) A certificate
as to any additional amounts payable pursuant to this Section submitted by any Lender to the Borrower (with a copy to the Administrative
Agent) shall be conclusive in the absence of manifest error.&nbsp;&nbsp;The obligations of the Borrower pursuant to this Section shall
survive the termination of this Agreement and the payment of the Loans and all other amounts payable hereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">(d) Notwithstanding
anything herein to the contrary (i) all requests, rules, guidelines, requirements and directives promulgated by the Bank for International
Settlements, the Basel Committee on Banking Supervision (or any successor or similar authority) or by United States or foreign regulatory
authorities, in each case pursuant to Basel III, and (ii) the Dodd-Frank Wall Street Reform and Consumer Protection Act and all requests,
rules, guidelines, requirements and directives thereunder or issued in connection therewith or in implementation thereof, shall in each
case be deemed to be a change in Requirements of Law, regardless of the date enacted, adopted, issued or implemented.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">2.13&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Taxes</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(a) All payments
made by or on behalf of the Borrower under this Agreement or any other Loan Document shall be made free and clear of, and without deduction
or withholding for or on account of, any Taxes; <U>provided</U>, that if any Taxes are required to be deducted or withheld from any amounts
payable to the Administrative Agent or any Lender, as determined in good faith by the applicable Withholding Agent, (x) the applicable
Withholding Agent shall be entitled to make such deduction or withholding and shall timely pay the amount deducted or withheld to the
relevant Governmental Authority in accordance with applicable law and (y) if such Tax is an Indemnified Tax, then the sum payable by the
Borrower to the Administrative Agent or such Lender shall be increased to the extent necessary so that after such deduction or withholding
has been made (including such deductions and withholdings applicable to additional sums payable under this Section), the Administrative
Agent or such Lender receives an amount equal to the sum it would have received had no such withholding or deduction been made.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(b) In addition,
the Borrower shall pay any Other Taxes to the relevant Governmental Authority in accordance with applicable law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(c) Whenever any
Indemnified Taxes are payable by the Borrower, as promptly as possible thereafter the Borrower shall send to the Administrative Agent
for its own account or for the account of the relevant Lender, as the case may be, a certified copy of an original official receipt received
by the Borrower showing payment thereof, a copy of the tax return reporting such payment or other evidence of such payment reasonably
satisfactory to the Administrative Agent.&nbsp;&nbsp;The Borrower shall indemnify the Administrative Agent and each Lender, within ten
(10) days after demand therefor, for the full amount of any Indemnified Taxes (including Indemnified Taxes imposed or asserted on or attributable
to amounts payable under this Section) payable or paid by the Administrative Agent or such Lender or required to be withheld or deducted
from a payment to the Administrative Agent or such Lender and any reasonable expenses arising therefrom or with respect thereto, whether
or not such Indemnified Taxes were correctly or legally imposed or asserted by the relevant Governmental Authority.&nbsp;&nbsp;A certificate
as to the amount of such payment or liability delivered to the Borrower by a Lender (with a copy to the Administrative Agent), or by the
Administrative Agent on its own behalf or on behalf of a Lender, shall be conclusive absent manifest error.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(d) Each Lender
shall severally indemnify the Administrative Agent, within ten (10) days after receiving demand therefor, for the full amount of (i) any
Indemnified Taxes that are attributable to such Lender and that are payable or paid by the Administrative Agent (but only to the extent
that Borrower has not already indemnified the Administrative Agent for such Indemnified Taxes and without limiting the obligation of the
Borrower to do so), (ii) any Taxes attributable to such Lender&#8217;s failure to comply with the provisions of <U>Section 8.6(b)</U>
relating to the maintenance of a Participant Register, and (iii) any Excluded Taxes attributable to such Lender, in each case that are
payable or paid by the Administrative Agent in connection with any Loan Document, together with all reasonable costs and expenses arising
therefrom or with respect thereto, as determined by the Administrative Agent in good faith, whether or not such Indemnified Taxes were
correctly or legally imposed or asserted by the relevant Governmental Authority.&nbsp;&nbsp;A certificate as to the amount of such payment
or liability delivered to any Lender by the Administrative Agent shall be conclusive absent manifest error.&nbsp;&nbsp;Each Lender hereby
authorizes the Administrative Agent to set off and apply any and all amounts at any time owing to such Lender under any Loan Document
or otherwise payable by the Administrative Agent to the Lender from any other source against any amount due to the Administrative Agent
under this paragraph (d).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(e) Each Lender
(or Transferee) that is a &#8220;United States person&#8221; as defined in Section 7701(a)(30) of the Code shall deliver to the Borrower
and the Administrative Agent on or before the date on which it becomes a party to this Agreement (and thereafter upon the reasonable request
of the Borrower or Administrative Agent) two properly completed and duly signed copies of U.S. Internal Revenue Service Form W-9 (or any
successor form) certifying that such Lender is exempt from U.S. federal backup withholding tax.&nbsp;&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(f) Each Lender
(or Transferee) that is not a &#8220;United States person&#8221; (a &#8220;<U>Non-U.S. Lender</U>&#8221;) shall deliver to the Borrower
and the Administrative Agent (or, in the case of a Participant, to the Lender from which the related participation shall have been purchased)
on or about the date on which such Non-U.S. Lender becomes a Lender under this Agreement (or, in the case of any Participant, on or before
the date such Participant purchases the related participation) and from time to time thereafter upon the reasonable request of the Borrower
or the Administrative Agent whichever of the following is applicable:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(i) in the case of
a Non-U.S. Lender claiming the benefits of an income tax treaty to which the United States is a party (x) with respect to payments of
interest under any Loan Document, two copies of either U.S. Internal Revenue Service Form W-8BEN or Form W-8BEN-E establishing an exemption
from, or reduction of, U.S. federal withholding Tax pursuant to the &#8220;interest&#8221; article of such tax treaty and (y) with respect
to any other applicable payments under any Loan Document, U.S. Internal Revenue Service Form W-8BEN or Form W-8BEN-E establishing an exemption
from, or reduction of, U.S. federal withholding Tax pursuant to the &#8220;business profits&#8221; or &#8220;other income&#8221; article
of such tax treaty;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 1in">(ii) two copies of U.S.
Internal Revenue Service Form W-8ECI;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 1in">(iii) in the case of a
Non-U.S. Lender claiming the benefits of the exemption for portfolio interest under Section 881(c) of the Code, (x) a certificate substantially
in the form of Exhibit E-1 to the effect that such Non-U.S. Lender is not a &#8220;bank&#8221; within the meaning of Section 881(c)(3)(A)
of the Code, a &#8220;10 percent shareholder&#8221; of the Borrower within the meaning of Section 871(h)(3)(B) of the Code, or a &#8220;controlled
foreign corporation&#8221; related to the Borrower as described in Section 881(c)(3)(C) of the Code (a &#8220;U.S. Tax Compliance Certificate&#8221;)
and (y) two copies of U.S. Internal Revenue Service Form W-8BEN or W-8BEN-E; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 1in">(iv) to the extent a Non-U.S.
Lender is not the beneficial owner, two copies of U.S. Internal Revenue Service Form W-8IMY, accompanied by U.S. Internal Revenue Service
Form W-8ECI, U.S. Internal Revenue Service Form W-8BEN, U.S. Internal Revenue Service Form W-8BEN-E, a U.S. Tax Compliance Certificate
substantially in the form of Exhibit E-2 or Exhibit E-3, U.S. Internal Revenue Service Form W-9, and/or other certification documents
from each beneficial owner, as applicable; <U>provided</U> that if the Non-U.S. Lender is a partnership and one or more direct or indirect
partners of such Non-U.S. Lender are claiming the portfolio interest exemption, such Non-U.S. Lender may provide a U.S. Tax Compliance
Certificate substantially in the form of Exhibit E-4 on behalf of each such direct and indirect partner.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 94.5pt; text-align: justify">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(g) Each Non-U.S.
Lender shall deliver any other form prescribed by applicable requirements of U.S. federal income tax law as a basis for claiming exemption
from or a reduction in U.S. federal withholding tax duly completed together with such supplementary documentation as may be prescribed
by applicable requirements of law to permit the Borrower and the Administrative Agent to determine the withholding or deduction required
to be made.&nbsp;&nbsp;Such forms shall be delivered by each Non-U.S. Lender on or before the date it becomes a party to this Agreement
(or, in the case of any Participant, on or before the date such Participant purchases the related participation) and from time to time
thereafter upon the reasonable request of the Borrower or the Administrative Agent.&nbsp;&nbsp;Notwithstanding any other provision of
this Section, a Lender shall not be required to deliver any form pursuant to this Section that such Lender is not legally able to deliver.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(h) A Lender (or
participant) that is entitled to an exemption from or reduction of non-U.S. withholding tax under the law of the jurisdiction in which
the Borrower is located, or any treaty to which such jurisdiction is a party, with respect to payments under this Agreement shall deliver
to the Borrower (with a copy to the Administrative Agent), at the time or times prescribed by applicable law or reasonably requested by
the Borrower or the Administrative Agent, such properly completed and executed documentation prescribed by applicable law as will permit
such payments to be made without withholding or at a reduced rate, <U>provided</U> that such Lender (or participant) is legally entitled
to complete, execute and deliver such documentation and in such Lender&#8217;s (or participant&#8217;s) reasonable judgment such completion,
execution or submission would not materially prejudice the legal or commercial position of such Lender (or participant).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(i) If a payment
made to a Lender under any Loan Document would be subject to U.S. federal withholding tax imposed by FATCA if such Lender were to fail
to comply with the applicable reporting requirements of FATCA (including those contained in Section 1471(b) or 1472(b) of the Code, as
applicable), such Lender shall deliver to the Borrower and the Administrative Agent at the time or times prescribed by law and at such
time or times reasonably requested by the Borrower or the Administrative Agent such documentation prescribed by applicable law (including
as prescribed by Section 1471(b)(3)(C)(i) of the Code) and such additional documentation reasonably requested by the Borrower or the Administrative
Agent as may be necessary for the Borrower and the Administrative Agent to comply with their obligations under FATCA and to determine
that such Lender has complied with such Lender&#8217;s obligations under FATCA or to determine the amount to deduct and withhold from
such payment.&nbsp;&nbsp;Solely for purposes of this paragraph (g), &#8220;FATCA&#8221; shall include any amendments made to FATCA after
the date of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(j) Each Lender
agrees that if any form or certification it previously delivered pursuant to this <U>Section 2.13</U> expires or becomes obsolete or inaccurate
in any respect, it shall update such form or certification or promptly notify the Borrower and the Administrative Agent in writing of
its legal inability to do so.&nbsp;&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(k) If the Administrative
Agent or a Lender determines, in its sole good faith discretion, that it has received a refund of any Indemnified Taxes as to which it
has been indemnified by the Borrower or with respect to which the Borrower has paid additional amounts pursuant to this <U>Section 2.13</U>,
it shall pay to the Borrower an amount equal to such refund (but only to the extent of indemnity payments made, or additional amounts
paid, by the Borrower under this <U>Section 2.13</U> with respect to Indemnified Taxes giving rise to such refund), net of all out-of-pocket
expenses of the Administrative Agent or such Lender and without interest (other than any interest paid by the relevant Governmental Authority
with respect to such refund); <U>provided</U>, that the Borrower agrees to pay, upon the request of the Administrative Agent or such Lender,
the amount paid over to the Borrower pursuant to this paragraph (i) (plus any penalties, interest or other charges imposed by the relevant
Governmental Authority) to the Administrative Agent or such Lender in the event that the Administrative Agent or such Lender is required
to repay such refund to such Governmental Authority.&nbsp;&nbsp;Notwithstanding anything to the contrary in this paragraph (i), in no
event will the indemnified party be required to pay any amount to an indemnifying party pursuant to this paragraph (i) the payment of
which would place the indemnified party in a less favorable net after-tax position than the indemnified party would have been in if the
indemnification payments or additional amounts giving rise to such refund had never been paid.&nbsp;&nbsp;This <U>Section 2.13(k)</U>
shall not be construed to require the Administrative Agent or a Lender to make available its Tax returns (or any other information relating
to its Taxes that it deems confidential) to the Borrower.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(l) The agreements
in this Section shall survive the termination of this Agreement and the payment of the Loans and all other amounts payable hereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">2.14&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Indemnity</U>.&nbsp;&nbsp;The
Borrower agrees to indemnify each Lender for, and to hold each Lender harmless from, any loss or expense that such Lender may sustain
or incur as a consequence of (a)&nbsp;default by the Borrower in making a borrowing of, conversion into or continuation of Eurocurrency
Loans after the Borrower has given a notice requesting the same in accordance with the provisions of this Agreement, (b) default by the
Borrower in making any prepayment of or conversion from Eurocurrency Loans after the Borrower has given a notice thereof in accordance
with the provisions of this Agreement, (c) the making of a prepayment of Eurocurrency Loans on a day that is not the last day of an Interest
Period with respect thereto or (d) the assignment of any Eurocurrency Loan other than on the last day of an Interest Period with respect
thereto as the result of a request by the Borrower pursuant to <U>Section 2.17(a)</U>; <U>provided</U>, <U>however</U>, that the Borrower
shall not be obligated to indemnify a Defaulting Lender that is not a Performing Lender for any such loss or expense (incurred while such
Lender was a Defaulting Lender) related to the prepayment or assignment of any Eurocurrency Loan owed to such Defaulting Lender.&nbsp;&nbsp;Such
indemnification may include an amount equal to the excess, if any, of (i) the amount of interest that would have accrued on the amount
so prepaid, or not so borrowed, converted or continued, for the period from the date of such prepayment or of such failure to borrow,
convert or continue to the last day of such Interest Period (or, in the case of a failure to borrow, convert or continue, the Interest
Period that would have commenced on the date of such failure) in each case at the applicable rate of interest for such Loans provided
for herein (excluding, however, the Applicable Margin included therein, if any) <U>over</U> (ii) the amount of interest (as reasonably
determined by such Lender) that would have accrued to such Lender on such amount by placing such amount on deposit for a comparable period
with leading banks in the interbank eurocurrency market.&nbsp;&nbsp;A certificate as to any amounts payable pursuant to this Section submitted
to the Borrower by any Lender shall be conclusive in the absence of manifest error.&nbsp;&nbsp;This covenant shall survive the termination
of this Agreement and the payment of the Loans and all other amounts payable hereunder.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">2.15&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Change
of Lending Office.&nbsp;&nbsp;</U>Each Lender agrees that, upon the occurrence of any event giving rise to the operation of <U>Section
2.12</U> or <U>2.13(a)</U> with respect to such Lender, it will, if requested by the Borrower, use reasonable efforts (subject to overall
policy considerations of such Lender) to designate another lending office for any Loans affected by such event with the object of avoiding
the consequences of such event; <U>provided</U>, that such designation is made on terms that, in the sole judgment of such Lender, cause
such Lender and its lending office(s) to suffer no economic, legal or regulatory disadvantage, and <U>provided</U>, <U>further</U>, that
nothing in this Section shall affect or postpone any of the obligations of the Borrower or the rights of any Lender pursuant to <U>Section
2.12</U> or <U>2.13(a)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">2.16&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Illegality</U>.&nbsp;&nbsp;If,
after the date of this Agreement, the introduction of, or any change in, any applicable law, rule or regulation or in the interpretation
or administration thereof by any Governmental Authority shall, in the reasonable opinion of counsel to any Lender, make it unlawful for
such Lender to make or maintain any Eurocurrency Loan if it becomes unlawful and/or contrary to Sanctions, or declared to be contrary
to Sanctions or sanctionable by any Sanctions Authority for such Lender to make or maintain any Eurocurrency Loan, then such Lender may,
by notice to the Borrower (with notice to the Administrative Agent), immediately declare that such Eurocurrency Loan shall be due and
payable.&nbsp;&nbsp;The Borrower shall repay any such Eurocurrency Loan declared so due and payable in full on the last day of the Interest
Period applicable thereto or earlier if required by law, together with accrued interest thereon.&nbsp;&nbsp;Each Lender will promptly
notify the Borrower and the Administrative Agent of any event of which such Lender has knowledge which would entitle it to repayment pursuant
to this <U>Section 2.1</U> and will use its reasonable efforts to mitigate the effect of any event if, in the sole and absolute opinion
of such Lender, such efforts will avoid the need for such prepayment and will not be otherwise disadvantageous to such Lender.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">2.17&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Replacement
of Lenders</U>.&nbsp;&nbsp;(a) The Borrower shall be permitted to replace any Lender that requests reimbursement for amounts owing pursuant
to <U>Section 2.12</U> or <U>2.13(a)</U> with a replacement financial institution; <U>provided</U> that (i) such replacement does not
conflict with any Requirement of Law, (ii) no Event of Default shall have occurred and be continuing at the time of such replacement,
(iii) prior to any such replacement, such Lender shall have taken no action under <U>Section 2.15</U> so as to eliminate the continued
need for payment of amounts owing pursuant to <U>Section 2.12</U> or <U>2.13(a)</U>, (iv) the replacement financial institution shall
purchase, at par, in immediately available funds, all Loans and other amounts owing to such replaced Lender on or prior to the date of
replacement, (v) the Borrower shall be liable to such replaced Lender under <U>Section 2.14</U> if any Eurocurrency Loan owing to such
replaced Lender shall be purchased other than on the last day of the Interest Period relating thereto, (vi) the replacement financial
institution, if not already a Lender, shall be reasonably satisfactory to the Administrative Agent, (vii) the replaced Lender shall be
obligated to make such replacement in accordance with the provisions of <U>Section 8.6</U> (provided that the Borrower shall be obligated
to pay the registration and processing fee referred to therein) and (viii) the Borrower shall remain liable to such replaced Lender for
all additional interest, fees and other amounts (if any) payable hereunder and under the other Loan Documents, including any amounts required
pursuant to <U>Section 2.12</U> or <U>2.13(a)</U>, as the case may be.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(b) The Borrower
shall be permitted to replace any Defaulting Lender or Declining Lender with a replacement financial institution; <U>provided</U> that
(i) such replacement does not conflict with any Requirement of Law, (ii) no Event of Default shall have occurred and be continuing at
the time of such replacement, (iii) the replacement financial institution shall purchase, at par, in immediately available funds, all
Loans and other amounts owing to such replaced Lender on or prior to the date of replacement, (iv) the replacement financial institution,
if not already a Lender, shall be reasonably satisfactory to the Administrative Agent, (v) the replaced Lender shall be obligated to make
such replacement in accordance with the provisions of <U>Section 8.6</U> (provided that the Borrower shall be obligated to pay the registration
and processing fee referred to therein) and (vi)&nbsp;any such replacement shall not be deemed to be a waiver of any rights that the Borrower,
the Administrative Agent or any other Lender shall have against the replaced Lender.&nbsp;&nbsp;In the case of an assignment resulting
from a Lender becoming a Declining Lender, the Borrower shall first seek pro rata participations from the existing Lenders that are not
Declining Lenders (each of which shall be entitled to agree or decline to participate in its sole discretion) and if the full amount of
the Declining Lender&#8217;s exposure is not able to be assigned in full to existing non-Declining Lenders, the Borrower may offer the
unassigned portion to new lenders.&nbsp;&nbsp;To the extent the Borrower is unable to replace any Defaulting Lender with a replacement
financial institution, the Borrower may, to the extent that the reduction in the Total Participations provided for in this sentence does
not cause the Adjusted Total Participations to fall below the outstanding Loans, remove such Defaulting Lender by repaying such Defaulting
Lender&#8217;s outstanding Loans and reducing the Total Participations by an amount equal to such Defaulting Lender&#8217;s Participation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">2.18&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Judgment
Currency</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(a) If, for the
purpose of obtaining judgment in any court, it is necessary to convert a sum owing hereunder in one currency into another currency, each
party hereto agrees, to the fullest extent that it may effectively do so, that the rate of exchange used shall be that at which, in accordance
with normal banking procedures in the relevant jurisdiction, the first currency could be purchased with such other currency on the Business
Day immediately preceding the day on which final judgment is given.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(b) The obligations
of the Borrower in respect of any sum due to any party hereto or any holder of the obligations owing hereunder (the &#8220;<U>Applicable
Creditor</U>&#8221;) shall, notwithstanding any judgment in a currency (the &#8220;<U>Judgment Currency</U>&#8221;) other than the currency
in which such sum is stated to be due hereunder (the &#8220;<U>Agreement Currency</U>&#8221;), be discharged only to the extent that,
on the Business Day following receipt by the Applicable Creditor of any sum adjudged to be so due in the Judgment Currency, the Applicable
Creditor may in accordance with normal banking procedures in the relevant jurisdiction purchase the Agreement Currency with the Judgment
Currency; if the amount of the Agreement Currency so purchased is less than the sum originally due to the Applicable Creditor in the Agreement
Currency, the Borrower as a separate obligation and notwithstanding any such judgment, agrees to indemnify the Applicable Creditor against
such loss.&nbsp;&nbsp;The obligations of the Borrower contained in this Section shall survive the termination of this Agreement and the
payment of all other amounts owing hereunder.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">2.19&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Election
of Approving Lenders to Continue Funding</U>.&nbsp;&nbsp;If as of 9:00 a.m. (New York City time) on any Business Day, the Administrative
Agent receives a Declining Lender Notice for reasons other than a Default or an Event of Default from any Lender, such Lender shall be
considered a &#8220;<U>Declining Lender</U>&#8221; with respect to (i) any Loans requested in any Borrowing Notice, (ii) any election
to convert Eurocurrency Loans to ABR Loans or ABR Loans to Eurocurrency Loans pursuant to <U>Section 2.6(a)</U> and (iii) any continuation
of a Eurocurrency Loan made pursuant to <U>Section 2.6(b)</U>, in each case delivered by the Borrower to the Administrative Agent on and
after the Conversion to Approving Lenders Date on which such Lender delivered a Declining Lender Notice to the Administrative Agent.&nbsp;&nbsp;The
Administrative Agent shall promptly notify the Borrower and the other Lenders upon the receipt of any Declining Lender Notice.&nbsp;&nbsp;A
Lender will be deemed to be an &#8220;<U>Approving Lender</U>&#8221; with respect to any Loan requested, any request for conversion from
a Eurocurrency Loan to an ABR Loan or an ABR Loan to a Eurocurrency Loan or request for a continuation of a Eurocurrency Loan by the Borrower
to be made on any date if (i) such Lender has not provided a Declining Lender Notice to the Administrative Agent as of 9:00 a.m. on such
date or (ii) the Borrower delivered the Borrowing Notice or conversion or continuation notice, as applicable, for such Loan to the Administrative
Agent prior to the Conversion to Approving Lenders Date on which such Lender delivered a Declining Lender Notice to the Administrative
Agent; <U>provided</U> that for the avoidance of doubt, no Lender&#8217;s Participation shall be exceeded without its written consent.&nbsp;&nbsp;Each
Approving Lender shall make available its Participation Percentage of any requested Loan (as provided in <U>Section 2.1(a)</U> and <U>Section
2.2(c)</U>).&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">SECTION 3.&nbsp;&nbsp;&nbsp;&nbsp;REPRESENTATIONS
AND WARRANTIES</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">To induce the Administrative
Agent and the Lenders to enter into this Agreement and to make the Loans, the Borrower hereby represents and warrants to the Administrative
Agent and each Lender that:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">3.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Change</U>.&nbsp;&nbsp;Since December 31, 2020, there has been no development or event that has had or could reasonably be expected to
have a Material Adverse Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">3.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Existence;
Compliance with Law</U>.&nbsp;&nbsp;The Borrower (a) is duly organized, validly existing and in good standing under the laws of the jurisdiction
of its organization, (b) has the power and authority, and the legal right, to own and operate its property and to conduct the business
in which it is currently engaged, (c) is duly qualified as a foreign corporation and in good standing under the laws of each jurisdiction
where its ownership or operation of property or the conduct of its business requires such qualification except where the failure to be
so duly qualified could not reasonably be expected to have a Material Adverse Effect and (d) is in compliance with all Requirements of
Law except to the extent that the failure to comply therewith could not, in the aggregate, reasonably be expected to have a Material Adverse
Effect.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">3.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Power;
Authorization; Enforceable Obligations</U>.&nbsp;&nbsp;The Borrower has the power and authority, and the legal right, to make, deliver
and perform the Loan Documents to which it is a party and to obtain Loans hereunder.&nbsp;&nbsp;The Borrower has taken all necessary organizational
action to authorize the execution, delivery and performance of the Loan Documents to which it is a party and to authorize the Loans on
the terms and conditions of this Agreement.&nbsp;&nbsp;No consent or authorization of, filing with, notice to or other act by or in respect
of, any Governmental Authority or any other Person is required in connection with the Loans hereunder or with the execution, delivery,
performance, validity or enforceability of this Agreement or any of the Loan Documents to which the Borrower is a party, except consents,
authorizations, filings and notices described in <U>Schedule 3.3</U>, which consents, authorizations, filings and notices have been obtained
or made and are in full force and effect.&nbsp;&nbsp;Each Loan Document to which the Borrower is a party has been duly executed and delivered
on behalf of the Borrower.&nbsp;&nbsp;This Agreement constitutes, and each other Loan Document to which the Borrower is a party, upon
execution will constitute, a legal, valid and binding obligation of the Borrower, enforceable against the Borrower in accordance with
its terms, except as enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting
the enforcement of creditors&#8217; rights generally and by general equitable principles (whether enforcement is sought by proceedings
in equity or at law).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">3.4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Legal Bar</U>.&nbsp;&nbsp;The execution, delivery and performance of this Agreement and the other Loan Documents to which the Borrower
is a party, the borrowings hereunder and the use of the proceeds thereof will not violate any Requirement of Law or any Contractual Obligation
of the Borrower and will not result in, or require, the creation or imposition of any Lien (other than any Borrower Permitted Lien) on
any of the Borrower&#8217;s properties or revenues pursuant to any Requirement of Law or any such Contractual Obligation.&nbsp;&nbsp;No
Requirement of Law or Contractual Obligation applicable to the Borrower could reasonably be expected to have a Material Adverse Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">3.5&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Litigation</U>.&nbsp;&nbsp;No
litigation, investigation or proceeding of or before any arbitrator or Governmental Authority is pending or, to the knowledge of the Borrower,
threatened by or against the Borrower or against any of its properties or revenues (a) with respect to any of the Loan Documents to which
the Borrower is a party or any of the transactions contemplated hereby or thereby, or (b) that could reasonably be expected to have a
Material Adverse Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">3.6&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Default</U>.&nbsp;&nbsp;The Borrower is not in default under or with respect to any of its Contractual Obligations in any respect that
could reasonably be expected to have a Material Adverse Effect.&nbsp;&nbsp;No Default or Event of Default has occurred and is continuing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">3.7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Ownership
of Property; Liens</U>.&nbsp;&nbsp;The Borrower has good title to all its property, and none of such property is subject to any Lien other
than Borrower Permitted Liens.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">3.8&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Taxes</U>.&nbsp;&nbsp;The
Borrower has filed or caused to be filed all federal, state and other material Tax returns that are required to be filed and has paid
all Taxes shown to be due and payable on said returns or on any assessments made against it or any of its property and all other Taxes,
fees or other charges imposed on it or any of its property by any Governmental Authority (other than any Taxes, fees or other charges
the amount or validity of which are currently being contested in good faith by appropriate proceedings and with respect to which reserves
in conformity with GAAP have been provided on the books of the Borrower).&nbsp;&nbsp;No Tax Lien (other than any Borrower Permitted Lien)
has been filed, and, to the knowledge of the Borrower, no claim is being asserted, with respect to any such Tax, fee or other charge.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">3.9&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Federal
Regulations</U>.&nbsp;&nbsp;No part of the proceeds of any Loans will be used for &#8220;buying&#8221; or &#8220;carrying&#8221; any &#8220;margin
stock&#8221; within the respective meanings of each of the quoted terms under Regulation U as now and from time to time hereafter in effect
or for any purpose that violates the provisions of the applicable margin regulations of the Board.&nbsp;&nbsp;If requested by any Lender
or the Administrative Agent, the Borrower will furnish to the Administrative Agent and each Lender a statement to the foregoing effect
in conformity with the requirements of FR Form G-3 or FR Form U&#45;1, as applicable, referred to in Regulation U.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">3.10&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Investment
Company Act; Other Regulations</U>.&nbsp;&nbsp;The Borrower is not an &#8220;investment company&#8221;, or a company &#8220;controlled&#8221;
by an &#8220;investment company&#8221;, within the meaning of the Investment Company Act of 1940, as amended.&nbsp;&nbsp;The Borrower
is not subject to regulation under any Requirement of Law (other than Regulation X) that limits its ability to incur Indebtedness.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">3.11&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Subsidiaries</U>.&nbsp;&nbsp;The Borrower has no direct or indirect Subsidiaries.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">3.12&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Use
of Proceeds</U>.&nbsp;&nbsp;The proceeds of the Loans shall be used solely to either (i) make advances under the Series 2002&#45;1 VFC,
(ii) repay Permitted Indebtedness outstanding from time to time or (iii) pay expenses incurred in connection with this Agreement and any
Pari Passu Indebtedness.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">3.13&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Solvency</U>.&nbsp;&nbsp;Each
Loan Party is, and after giving effect to the incurrence of all Indebtedness and obligations being incurred in connection herewith and
therewith will be and will continue to be, Solvent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">3.14&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Limited
Purpose</U>.&nbsp;&nbsp;The Borrower is a single purpose entity that was formed for the sole purpose of (i) holding the Series 2002-1
VFC, (ii) borrowing under Loans hereunder, (iii) incurring Pari Passu Indebtedness and (iv) entering into Hedge Agreements in connection
with the Loans hereunder and such Pari Passu Indebtedness.&nbsp;&nbsp;Other than cash derived from Hedge Agreements and distributions
of Series 2002-1 Accrued Interest and Series 2002-1 Invested Amount to the Borrower under the Series 2002-1 VFC, which cash shall be used
by the Borrower solely to make interest, principal and premium (if any) payments under this Agreement and under any Pari Passu Indebtedness
and to pay for its reasonable operating expenses (and, in the case of cash derived from Hedge Agreements, to make advances under the Series
2002-1 VFC), the Series 2002-1 VFC is the sole asset of the Borrower.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">3.15&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Financial
Condition; Beneficial Ownership Certification</U>.&nbsp;&nbsp;The balance sheet of the Borrower as at December 31, 2020 and the related
statements of income for the fiscal year ended on such date, reported on by the Borrower&#8217;s independent public accountants, copies
of which have heretofore been furnished to the Administrative Agent, are complete and correct, in all material respects, and present fairly
the financial condition of the Borrower as at such date, and the results of operations for the fiscal year then ended.&nbsp;&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">Such financial statements, including any related
schedules and notes thereto, have been prepared in accordance with GAAP applied consistently throughout the periods involved (except as
approved by the external auditors and as disclosed therein, if any).&nbsp;&nbsp;As of the Closing Date, the information included in the
Beneficial Ownership Certification of the Borrower is true, complete and correct.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">3.16&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Financial
Institutions</U>.&nbsp;&nbsp;No Loan Party is an EEA Financial Institution or a UK Financial Institution.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">3.17&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Sanctions</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(a) The Borrower
is, to the extent applicable, in compliance with Sanctions and with the Foreign Corrupt Practices Act of 1977, as amended, and the rules
and regulations thereunder (the &#8220;<U>FCPA</U>&#8221;) and any other applicable anti-corruption law, in all material respects.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(b) The Borrower
is not, and no director or senior officer of the Borrower is, any of the following:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(i) a Restricted Person;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(ii) a Person owned
fifty percent (50%) or more or controlled by, or acting on behalf of, any Restricted Person or Restricted Persons; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(iii) a Person that
commits, threatens or conspires to commit or support &#8220;terrorism&#8221; as defined in the Executive Order.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: -0.6pt">The foregoing representations
in this <U>Section 3.17</U> will not apply to any party hereto to which Council Regulation (EC) 2271/96 (the &#8220;<U>Blocking Regulation</U>&#8221;)
applies, if and to the extent that such representations are or would be unenforceable by or in respect of that party pursuant to, or would
otherwise result in a breach and/or violation of, (i) any provision of the Blocking Regulation (or any law or regulation implementing
the Blocking Regulation in any member state of the European Union) or (ii) any similar blocking or anti-boycott law in the United Kingdom.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">SECTION 4.&nbsp;&nbsp;&nbsp;&nbsp;CONDITIONS
PRECEDENT</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">4.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Conditions
to Effectiveness</U>.&nbsp;&nbsp;This Agreement shall become effective on the first day on which all of the following conditions have
been satisfied:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Credit
Agreement; Guaranty Agreement</U>.&nbsp;&nbsp;The Administrative Agent shall have received (i)&nbsp;this Agreement executed and delivered
by the Administrative Agent, the Borrower and each Person listed on <U>Schedule 1.1</U> and (ii) the Guaranty Agreement, executed and
delivered by the Guarantor.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Series
2002-1 VFC</U>.&nbsp;&nbsp;The conditions set forth in Section 8.01 of the Series 2002-1 Supplement shall have been satisfied, the Administrative
Agent shall have received copies of each of the agreements, instruments, documents, certificates and opinions referred to therein and
the Series 2002-1 VFC shall have been issued and delivered to the Borrower pursuant to the Series 2002-1 Supplement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Fees</U>.&nbsp;&nbsp;The
Lenders and the Administrative Agent shall have received all fees required to be paid, and all expenses for which invoices have been presented
(including the reasonable fees and expenses of legal counsel), on or before the Closing Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Closing
Certificates; Good Standing Certificates</U>.&nbsp;&nbsp;The Administrative Agent shall have received (i) a Responsible Officer&#8217;s
certificate of the Borrower, dated the Closing Date, substantially in the form of <U>Exhibit B-1</U> and a secretary&#8217;s certificate
of the Borrower, dated the Closing Date, substantially in the form of <U>Exhibit B-2</U>, with appropriate insertions and attachments
satisfactory in form and substance to the Administrative Agent, including (A) the certificate of incorporation of the Borrower, certified
by the relevant authority of the jurisdiction of organization of the Borrower, and the bylaws of the Borrower, (B) Board of Directors
resolutions in respect of the Loan Documents to which the Borrower is a party, and (C) incumbency certificates with respect to the Borrower,
(ii) a Responsible Officer&#8217;s certificate of the Guarantor, dated the Closing Date, substantially in the form of <U>Exhibit B-3</U>
and a certificate of the secretary or assistant secretary of the Guarantor, dated the Closing Date, substantially in the form of <U>Exhibit
B-4</U>, with appropriate insertions and attachments satisfactory in form and substance to the Administrative Agent, including (A) the
certificate of incorporation and memorandum of association of the Guarantor and the bye-laws of the Guarantor, (B) Board of Directors
resolutions in respect of the Loan Documents to which the Guarantor is a party, and (C) incumbency certificates with respect to the Guarantor,
and (iii) a good standing certificate (or similar certificate) for each of the Borrower and the Guarantor from their respective jurisdictions
of organization.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Legal
Opinions</U>.&nbsp;&nbsp;The Administrative Agent shall have received the following executed legal opinions:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 0.75in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
legal opinion of Reed Smith LLP, New York counsel to the Borrower and New York counsel to the Guarantor, substantially in the form of
<U>Exhibit D-1</U>; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 0.75in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
legal opinion of Conyers Dill &amp; Pearman Limited, Bermuda counsel to the Guarantor, substantially in the form of <U>Exhibit D-2</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify">Each such legal opinion shall cover such
other matters incident to the transactions contemplated by this Agreement as the Administrative Agent may reasonably require.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Representations
and Warranties</U>.&nbsp;&nbsp;Each of the representations and warranties made by any Loan Party in or pursuant to the Loan Documents
shall be true and correct in all material respects on and as of such date; <U>provided</U> that, the representations and warranties made
in <U>Sections 3.1</U>, <U>3.2</U>, <U>3.3</U>, <U>3.4</U>, <U>3.5</U>, <U>3.6</U>, <U>3.9</U>, <U>3.13</U>, <U>3.14</U> and <U>3.15</U>
shall be true and correct in all respects as of such date.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Compliance
with Laws</U>.&nbsp;&nbsp;The Administrative Agent shall have received evidence reasonably satisfactory to it that the business conducted
and proposed to be conducted by the Borrower and the Guarantor is in compliance with all applicable laws and regulations and that all
registrations, filings and licenses and/or consents required to be obtained by the Borrower or the Guarantor, as the case may be, in connection
therewith have been made or obtained and are in full force and effect, except to the extent that the failure to comply with the foregoing
could not, in the aggregate, reasonably be expected to have a Material Adverse Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Series 2002-1 Early Amortization Event or Potential Series 2002-1 Early Amortization Event</U>.&nbsp;&nbsp;No Series 2002-1 Early Amortization
Event or Potential Series 2002-1 Early Amortization Event shall have occurred and be continuing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Guarantor
Financials</U>.&nbsp;&nbsp;The Administrative Agent shall have received (i) audited consolidated financial statements of the Guarantor
for its fiscal year ended December 31, 2020, and (ii) unaudited consolidated financial statements for its fiscal quarter ended March 31,
2021.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(j)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Guarantor,
Master Trust and Borrower Rating</U>.&nbsp;&nbsp;The Administrative Agent shall have received evidence reasonably satisfactory to it that
the Guarantor&#8217;s long-term unsecured debt rating or senior implied rating, as applicable, is at least &#8220;BBB-&#8221; by S&amp;P
and either the Master Trust&#8217;s or the Borrower&#8217;s long-term unsecured debt rating is at least &#8220;Baa3&#8221; by Moody&#8217;s.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(k)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Notice
of Termination of Existing Credit Facility</U>.&nbsp;&nbsp;The Administrative Agent shall have received written notice from the Borrower
to terminate the Existing Credit Facility in accordance with its terms and all outstanding obligations thereunder shall have been paid
in full.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(l)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Beneficial
Ownership Certification</U>.&nbsp;&nbsp;To the extent the Borrower qualifies as a &#8220;legal entity customer&#8221; under the Beneficial
Ownership Regulation, each Lender that has requested, in a written notice to the Borrower at least ten (10) days prior to the Closing
Date, a Beneficial Ownership Certification in relation to the Borrower, shall have received such Beneficial Ownership Certification at
least five (5) days prior to the Closing Date (provided that, upon the execution and delivery by such Lender of its signature page to
this Agreement, the condition set forth in this <U>clause (l)</U> shall be deemed to be satisfied).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">4.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Conditions
to Each Loan</U>.&nbsp;&nbsp;The agreement of each Lender to make any Loan requested to be made by it on any date (including its initial
Loan) is subject to the satisfaction of the following conditions precedent:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Representations
and Warranties</U>.&nbsp;&nbsp;Each of the representations and warranties made by any Loan Party in or pursuant to the Loan Documents
shall be true and correct in all material respects on and as of such date as if made on and as of such date (unless any representations
and warranties expressly relate to an earlier date, in which case they shall have been true and correct in all material respects as of
such earlier date); <U>provided</U> that, the representations and warranties made in <U>Sections 3.1</U>, <U>3.2</U>, <U>3.3</U>, <U>3.4</U>,
<U>3.5</U>, <U>3.6</U>, <U>3.9</U>, <U>3.13</U>, <U>3.14</U> and <U>3.15</U> shall be true and correct in all respects on and as of such
date as if made on and as of such date.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Default</U>.&nbsp;&nbsp;No Default or Event of Default shall have occurred and be continuing on such date or after giving effect to the
Loans requested to be made on such date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Series 2002-1 Early Amortization Event or Potential Series 2002-1 Early Amortization Event</U>.&nbsp;&nbsp;No Series 2002-1 Early Amortization
Event or Potential Series 2002-1 Early Amortization Event shall have occurred and be continuing on such date or after giving effect to
the Loans requested to be made on such date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Each borrowing by the Borrower
hereunder shall constitute a representation and warranty by the Borrower as of the date of such Loan that the conditions contained in
this <U>Section 4.2</U> have been satisfied.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">SECTION 5.&nbsp;&nbsp;&nbsp;&nbsp;COVENANTS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">While this Agreement is in
effect (i.e., until all indebtedness and other amounts payable by the Borrower hereunder have been paid in full and the Lenders no longer
have any Participations hereunder), the Borrower agrees that:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">5.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Affirmative
Covenants</U>.&nbsp;&nbsp;The Borrower shall:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(a) Provide the
Administrative Agent all information that the Administrative Agent may reasonably request in writing concerning the business of the Borrower
within a reasonable period of time considering the nature of the request; <U>provided</U> that with respect to any information relating
to an annual audited report, the same may be delivered within one hundred and twenty (120) calendar days after the end of the Borrower&#8217;s
fiscal year.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(b) Furnish or cause
to be furnished to the Administrative Agent prompt written notice of the filing or commencement of any litigation, investigation or proceeding
of or before any arbitrator or Governmental Authority against or affecting the Borrower that could reasonably be expected to result in
a Material Adverse Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(c) Furnish or cause
to be furnished to the Administrative Agent in sufficient number for each Lender, copies of all (i) Daily Reports prepared by the Servicer
pursuant to <U>Section 5.1(o)</U>, (ii) notices of Series 2002-1 Early Amortization Events and (iii) Monthly Settlement Statements; <U>provided</U>
that the documents set forth in clauses (i) and (iii) above shall be provided only upon the request of the Administrative Agent or the
Required Lenders.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(d) Take all actions
necessary to ensure that all Taxes and other governmental claims in respect of the Borrower&#8217;s operations and assets are promptly
paid when due, except where the amount or validity thereof is currently being contested in good faith by appropriate proceedings and reserves
to the extent required by GAAP with respect thereto have been provided on the books of the Borrower.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(e) Comply with
all Requirements of Law except where the failure to so comply would not reasonably be expected to have a Material Adverse Effect on its
ability to perform its obligations under the Loan Documents and in all material respects with Sanctions.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(f) Advise the Administrative
Agent of the occurrence of each Default or Event of Default as promptly as practicable after the Borrower becomes aware of any such Default
or Event of Default.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(g) Beginning with
the fiscal year commencing in 2021, furnish to the Administrative Agent in sufficient number for each Lender as soon as available, but
in any event within one hundred and twenty (120) days after the end of each fiscal year of the Borrower, audited financial statements
consisting of the balance sheet of the Borrower as of the end of such year and the related statements of income and retained earnings
and statements of cash flow for such year, setting forth in each case in comparative form the corresponding figures for the previous fiscal
year, certified by independent certified public accountants satisfactory to the Administrative Agent to the effect that such financial
statements fairly present in all material respects the financial condition and results of operations of the Borrower in accordance with
GAAP consistently applied.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(h) Beginning with
the fiscal year commencing in 2021, furnish to the Administrative Agent as soon as available but in any event within sixty (60) days after
the end of each of the first three quarters for each fiscal year of the Borrower, unaudited financial statements consisting of a balance
sheet of the Borrower as at the end of such quarter and a statement of income and retained earnings and of cash flow for such quarter,
setting forth (in the case of financial statements furnished for calendar quarters subsequent to the first full calendar year of the Borrower)
in comparative form the corresponding figures for the corresponding quarter of the preceding fiscal year.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(i) Furnish, or
cause to be furnished, to the Administrative Agent together with the financial statements required pursuant to clause (g) and clause (h)
a certificate of a Responsible Officer of the Borrower stating (i) that the attached financial statements have been prepared in accordance
with GAAP and accurately reflect the financial condition of the Borrower, (ii) that the Borrower is in compliance with <U>Section 5.1(k)</U>
and (iii) all information and calculations necessary for determining compliance by the Borrower with <U>Section 5.2(a)</U> as of the last
day of the fiscal quarter or fiscal year of the Borrower, as the case may be.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(j) (i) Except as
otherwise permitted by the Loan Documents, preserve, renew and keep in full force and effect its corporate existence and (ii) take all
reasonable action to maintain all rights, privileges and franchises necessary or desirable in the normal conduct of its business.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(k) (i) Either (1)
use the proceeds from the Loans hereunder to make advances under the Series 2002&#45;1 VFC, (2) use the proceeds from the Loans hereunder
to repay Permitted Indebtedness outstanding from time to time or (3) use the proceeds from the Loans hereunder to pay expenses incurred
in connection with this Agreement and any Pari Passu Indebtedness and (ii) either (1) use the proceeds from any Pari Passu Indebtedness
to make advances under the Series 2002&#45;1 VFC, (2) use the proceeds from any Pari Passu Indebtedness to repay Permitted Indebtedness
outstanding from time to time or (3) use the proceeds from any Pari Passu Indebtedness to pay expenses incurred in connection with this
Agreement and any such Pari Passu Indebtedness.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(l) Provide to the
Administrative Agent the following notices and documents (provided that, solely with respect to clauses (i), (ii) and (iii) below, the
Borrower shall only be obligated to provide such notices and documents to the extent that any of the events or occurrences described in
such clauses is reasonably expected to result in a material liability):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 0.75in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;promptly
and in any event within ten (10) days after the Borrower or any of its ERISA Affiliates knows or has reason to know that any ERISA Event
has occurred, a statement of the chief financial officer of the Borrower or such ERISA Affiliate describing such ERISA Event and the action,
if any, that the Borrower or such ERISA Affiliate has taken and proposes to take with respect thereto;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 0.75in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;promptly
and in any event within two (2) Business Days after receipt thereof by the Borrower or any of its ERISA Affiliates, copies of each notice
from the PBGC stating its intention to terminate any Plan or to have a trustee appointed to administer any Plan;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 0.75in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
promptly and in any event within five (5) Business Days after receipt thereof by the Borrower or any of its ERISA Affiliates from the
sponsor of a Multiemployer Plan, copies of each notice concerning (A) the imposition of Withdrawal Liability by any such Multiemployer
Plan, (B) the termination, within the meaning of Title IV of ERISA, of any such Multiemployer Plan or (C) the amount of liability incurred,
or that may be incurred, by the Borrower or any ERISA Affiliate in connection with any event described in clause (A) or (B) above; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 0.75in">(iv) promptly upon
request, copies of (A) any documents described in Section 101(k) of ERISA that the Borrower or any of its ERISA Affiliates may request
with respect to any Multiemployer Plan, and (B) any notices described in Section 101(l) of ERISA that the Borrower or any of its ERISA
Affiliates may request with respect to any Multiemployer Plan; <U>provided</U>, that if the Borrower or the applicable ERISA Affiliate
has not requested such documents or notices from the administrator or sponsor of the applicable Multiemployer Plan, upon the request of
the Administrative Agent, which request shall not be more frequent than once during any twelve (12) Month period, the Borrower or applicable
ERISA Affiliate shall promptly make a request for such documents or notices and shall provide copies of such documents and notices promptly
and in any event within five (5) Business Days after receipt thereof.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(m) On each day
after the Loans (with accrued interest thereon) and all other amounts owing under this Agreement and the other Loan Documents have become
due and payable (whether at the stated maturity, by acceleration, or otherwise), give the notice contemplated by Section 2.06 of the Series
2002-1 Supplement, such notice to specify an amount equal to the lesser of (i) the funds on deposit in the Series 2002-1 Collection Subaccount
on such day and (ii) the outstanding principal amount of the Loans (with accrued interest thereon) and all other amounts owing under this
Agreement and the other Loan Documents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(n) At the direction
of the Administrative Agent or the Required Lenders, exercise its right under Section 8.14 of the Pooling Agreement to direct the Trustee
under the Master Trust when the Lenders are affected by the conduct of any proceeding or the exercise of any right conferred on the Trustee
under the Master Trust.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(o) On each Business
Day on which a Loan is made, cause the Servicer to submit a Daily Report to the Borrower and to the Trustee under the Master Trust no
later than 12:00 (Noon), New York City time, setting forth the information required by Section 4.01 of the Servicing Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(p) Promptly upon
a Responsible Officer of the Borrower becoming aware that the Borrower has received formal notice that it has become subject of any action
or investigation under any Sanctions, the Borrower shall, to the extent permitted by law, supply to the Administrative Agent details of
any such action or investigation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(q) Promptly upon
the request of the Administrative Agent, the Borrower shall provide to the Administrative Agent the information reasonably requested,
to the extent such information is available to the Borrower, in connection with applicable &#8220;know your customer&#8221; and anti-money
laundering rules and regulations, including the PATRIOT Act, in each case in accordance with the Borrower&#8217;s past practices.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(r) Advise the Administrative
Agent of any change in the information provided in the Beneficial Ownership Certification of the Borrower provided to the Administrative
Agent or any Lender that would result in a change to the list of beneficial owners identified in parts (c) or (d) of such certification.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">5.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Negative
Covenants</U>.&nbsp;&nbsp;The Borrower will not:</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(a) Permit the Series
2002-1 Allocated Loan Amount to be less than the arithmetic product of:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(i) adding (A)&nbsp;the
aggregate principal amount of and accrued interest on the Total Loans outstanding hereunder and (B)&nbsp;all other Pari Passu Indebtedness
outstanding (including any net payment obligations of the Borrower related to Hedge Agreements, but excluding all Hedge Termination Amounts
due and owing by the Borrower);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(ii) and deducting
therefrom the aggregate Dollar Equivalent amount of any Master Trust Approved Currencies (including any net receipts from Hedge Agreements,
but excluding any Hedge Termination Amounts received by the Borrower) on deposit in any Borrower Account or the Series&nbsp;2002&#45;1
Collection Subaccount (or any sub&#45;subaccount thereof), that are unconditionally available to repay the aggregate amount of the Indebtedness
and interest accrued thereon described in the foregoing clauses (i)(A) and (B) of this <U>Section 5.2(a)</U> (or with respect to the Series&nbsp;2002-1
Collection Subaccount (or any sub&#45;subaccount thereof), unconditionally available to repay the principal and accrued interest on the
Series&nbsp;2002&#45;1 VFC Certificate which Master Trust Approved Currency amounts are in turn unconditionally available to make such
payments on the principal of and accrued interest on the Total Loans and other Pari Passu Indebtedness described in the foregoing clauses
(i)(A) and (B) of this <U>Section 5.2(a)</U>).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(b) Contract for,
create, incur, assume or suffer to exist any Lien, security interest, charge or other encumbrance of any nature upon any of its property
or assets, including without limitation the Series 2002-1 VFC, whether now owned or hereafter acquired other than Borrower Permitted Liens.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(c) Create, incur,
assume or suffer to exist any Indebtedness, whether current or funded, or any other liability except Permitted Indebtedness.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(d) Except as contemplated
by the Loan Documents or the Transaction Documents, make any loan or advance or credit to, or guarantee (directly or indirectly or by
an instrument having the effect of assuring another&#8217;s payment or performance on any obligation or capability of so doing or otherwise),
endorse or otherwise become contingently liable, directly or indirectly, in connection with the obligations, stocks or dividends of, or
own, purchase, repurchase or acquire (or agree contingently to do so) any assets, stock, obligations or securities of, or any other interest
in, or make any capital contribution to, any other Person.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(e) Enter into any
merger, consolidation, joint venture, syndicate or other form of combination with any Person, or sell, lease or transfer or otherwise
dispose of any of its assets or receivables or purchase any asset, or engage in any transaction which would result in the Borrower ceasing
to be, directly or indirectly, a wholly-owned Subsidiary of Guarantor.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(f) Enter into or
be a party to any agreement or instrument other than the Loan Documents, the Transaction Documents to which it is a party, and any agreement
or instrument related to the incurrence of Pari Passu Indebtedness.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(g) Enter into or
be a party to any agreement or instrument related to the incurrence of Pari Passu Indebtedness that does not include a provision substantially
to the effect set forth in <U>Section 8.16</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(h) Except as permitted
by any Transaction Document, make any expenditure (by long&#45;term or operating lease or otherwise), excluding those relating to foreclosure,
for capital assets (both realty and personalty), unless such expenditure is approved in writing by the Administrative Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(i) Engage in any
business or enterprise or enter into any material transaction other than as contemplated by the Loan Documents and the Transaction Documents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(j) Amend its certificate
of incorporation or bylaws without the prior written consent of the Administrative Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(k) Amend, supplement,
waive or modify, or consent to any amendment, supplement, waiver or modification of, any Transaction Document except in accordance with
the provisions of this <U>Section&nbsp;5.2(k)</U>.&nbsp;&nbsp;Any provision of any Transaction Document may be amended, waived, supplemented,
restated, discharged or terminated with ten (10) Business Days&#8217; prior written notice to the Administrative Agent, but without the
consent of the Administrative Agent or the Lenders; <U>provided</U> such amendment, waiver, supplement or restatement does not (A) render
the Series 2002-1 VFC subordinate in payment to any other Series under the Master Trust or otherwise adversely discriminate against the
Series 2002-1 VFC relative to any other Series under the Master Trust, (B) reduce in any manner the amount of, or delay the timing of,
distributions which are required to be made on or in respect of the Series 2002-1 VFC, (C) change the definition of, the manner of calculating,
or in any way the amount of, the interest of the Borrower in the assets of the Master Trust, (D) change the definitions of &#8220;Eligible
Loans&#8221;, &#8220;Eligible Obligor&#8221;, &#8220;Series 2002-1 Allocated Loan Amount&#8221;, &#8220;Series 2002-1 Invested Amount&#8221;
or &#8220;Series 2002-1 Target Loan Amount&#8221; in Annex X or, to the extent used in such definitions, other defined terms used in such
definitions, (E) result in an Event of Default, (F) change the ability of the Trustee to declare the Purchased Loans to be immediately
due and payable or the ability of the Administrative Agent or the Required Lenders to directly or indirectly require the Trustee to do
so, (G) following the occurrence and during the continuation of a Mandatory CP Wind-Down Event, increase the Series 2002-1 Maximum Invested
Amount, or (H) effect any amendment that would cause or permit the Series 2002-1 Target Loan Amount to exceed the Series 2002-1 Allocated
Loan Amount; and <U>provided</U>, <U>further</U>, that the Administrative Agent shall have received prior notice thereof together with
copies of any documentation related thereto.&nbsp;&nbsp;Any amendment, waiver, supplement or restatement of a provision of a Transaction
Document (including any exhibit thereto) of the type described in clauses (A), (B), (C), (D), (E), (F), (G) or (H) above shall require
the written consent of the Administrative Agent acting at the direction of the Required Lenders.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(l) Grant any powers
of attorney to any Person for any purposes except where permitted by the Loan Documents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(m) Increase the
Series 2002-1 Invested Amount during any Payment Period.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(n) Take any action
which would permit the Servicer to have the right to refuse to perform any of its respective obligations under the Servicing Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(o) Enter into any
Hedge Agreement other than Hedge Agreements entered into in the ordinary course of business to hedge or mitigate risks directly arising
from its borrowings under this Agreement or other Pari Passu Indebtedness.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(p) Knowingly permit
or authorize any other Person to, directly or indirectly, use, lend, make payments of, contribute or otherwise make available, all or
any part of the proceeds of the Loans or other transactions contemplated by this Agreement (i) in furtherance of an offer, payment, promise
to pay, or authorization of the payment or giving of money, or anything else of value, to any Person in violation of the FCPA or any other
applicable anti-corruption law, (ii) to fund any trade, business or other activities involving or for the benefit of any Restricted Person
except as otherwise permitted or authorized by Sanctions or Sanctions Authorities, including, without limitation, as authorized by OFAC
general or specific license or (iii) in any other manner that would result in any of the Borrower, the Guarantor, the Administrative Agent,
a Lead Arranger or a Lender being in breach of any Sanctions or becoming a Restricted Person.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify">The foregoing covenants in this <U>Section
5.2(p)</U> will not apply to any party hereto to which Blocking Regulation applies, if and to the extent that such covenants are or would
be unenforceable by or in respect of that party pursuant to, or would otherwise result in a breach and/or violation of, (i) any provision
of the Blocking Regulation (or any law or regulation implementing the Blocking Regulation in any member state of the European Union) or
(ii) any similar blocking or anti-boycott law in the United Kingdom.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">5.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Use
of Websites</U>.&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(a) The Borrower
may satisfy its obligation to deliver any public information to the Lenders by posting this information onto an electronic website designated
by the Borrower and the Administrative Agent (the &#8220;<U>Designated Website</U>&#8221;) by notifying the Administrative Agent (i) of
the address of the website together with any relevant password specifications and (ii) that such information has been posted on the website;
<U>provided</U>, that in any event the Borrower shall supply the Administrative Agent with one copy in paper form of any information which
is posted onto the website.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(b) The Administrative
Agent shall supply each Lender with the address of and any relevant password specifications for the Designated Website following designation
of that website by the Borrower and the Administrative Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(c) The Borrower
shall promptly upon becoming aware of its occurrence notify the Administrative Agent if:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(i) the Designated
Website cannot be accessed due to technical failure;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(ii) the password specifications
for the Designated Website change;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(iii) any new information
which is required to be provided under this Agreement is posted onto the Designated Website;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(iv) any existing information
which has been provided under this Agreement and posted onto the Designated Website is amended; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(v) the Borrower becomes
aware that the Designated Website or any information posted onto the Designated Website is or has been infected by any electronic virus
or similar software.&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">If the Borrower notifies the Administrative Agent
under <U>Section 5.3(c)(i)</U> or <U>Section 5.3(c)(v)</U> above, all information to be provided by the Borrower under this Agreement
after the date of that notice shall be supplied in paper form unless and until the Administrative Agent is satisfied that the circumstances
giving rise to the notification are no longer continuing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">SECTION 6.&nbsp;&nbsp;&nbsp;&nbsp;EVENTS OF
DEFAULT</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">If any of the following events
shall occur and be continuing:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Borrower shall fail to pay any principal of any Loan when due in accordance with the terms hereof; or the Borrower shall fail to pay any
interest on any Loan, fees or any other amount payable hereunder or under any other Loan Document, within three (3) days after any such
interest, fees or other amount becomes due in accordance with the terms hereof; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any
representation or warranty made or deemed made by the Borrower or the Guarantor herein or in any other Loan Document or that is contained
in any certificate, document or financial or other statement furnished by it at any time under or in connection with this Agreement or
any such other Loan Document shall prove to have been inaccurate in any material respect on or as of the date made or deemed made; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Borrower shall default in the observance or performance of any agreement contained in <U>Section 5.1(f)</U>, <U>Section 5.1(j)(i)</U>
or <U>Section 5.2</U> of this Agreement or the Guarantor shall default in the observance or performance of any agreement contained in
<U>Sections 8.1(c)</U>, <U>8.1(g)(i)</U>, <U>8.1(h)</U>, <U>8.1(i)</U> or <U>8.2</U> of the Guaranty Agreement; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Borrower or the Guarantor shall default in the observance or performance of any other agreement contained in this Agreement or any other
Loan Document (other than as provided in paragraphs (a) through (c) of this Section), and such default shall continue unremedied for a
period of thirty (30) days after the earlier of (i) the date on which a Responsible Officer of the Borrower or the Guarantor has knowledge
of such default and (ii) the Borrower or the Guarantor receives written notice thereof from the Administrative Agent or the Required Lenders;
or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Borrower, BAFC, BFE or any other Investor Certificateholder that is an Affiliate of the Guarantor shall (i) default in making any payment
of any principal of any Indebtedness (including any Guarantee Obligation, but excluding the Loans) on the scheduled or original due date
with respect thereto; or (ii) default in making any payment of any interest on any such Indebtedness beyond the period of grace, if any,
<U>provided</U> in the instrument or agreement under which such Indebtedness was created; or (iii) default in the observance or performance
of any other agreement or condition relating to any such Indebtedness or contained in any instrument or agreement evidencing, securing
or relating thereto, or any other event shall occur or condition exist, the effect of which default or other event or condition is to
cause, or to permit the holder or beneficiary of such Indebtedness (or a trustee or agent on behalf of such holder or beneficiary) to
cause, with the giving of notice if required, such Indebtedness to become due prior to its stated maturity or (in the case of any such
Indebtedness constituting a Guarantee Obligation) to become payable; <U>provided</U>, that a default, event or condition described in
clause (i), (ii) or (iii) of this paragraph (e) shall not at any time constitute an Event of Default unless, at such time, one or more
defaults, events or conditions of the type described in clauses (i), (ii) and (iii) of this paragraph (e) shall have occurred and be continuing
with respect to Indebtedness the outstanding Dollar Equivalent principal amount of which exceeds in the aggregate $100,000,000; <U>provided</U>,
<U>further</U>, that the immediately preceding proviso shall be deemed inapplicable at any time that any Purchased Loan shall constitute
a Defaulted Loan or shall have constituted a Delinquent Loan for a period of more than three (3) successive Business Days; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any
Group Member (other than the Borrower) shall (i) default in making any payment of any principal of any Indebtedness (including any Guarantee
Obligation, but excluding the Loans) on the scheduled or original due date with respect thereto; or (ii) default in making any payment
of any interest on any such Indebtedness beyond the period of grace, if any, <U>provided</U> in the instrument or agreement under which
such Indebtedness was created; or (iii) default in the observance or performance of any other agreement or condition relating to any such
Indebtedness or contained in any instrument or agreement evidencing, securing or relating thereto, or any other event shall occur or condition
exist, the effect of which default or other event or condition is to cause, or to permit the holder or beneficiary of such Indebtedness
(or a trustee or agent on behalf of such holder or beneficiary) to cause, with the giving of notice if required, such Indebtedness to
become due prior to its stated maturity or (in the case of any such Indebtedness constituting a Guarantee Obligation) to become payable;
<U>provided</U>, that a default, event or condition described in clause (i), (ii) or (iii) of this paragraph (f) shall not at any time
constitute an Event of Default unless, at such time, one or more defaults, events or conditions of the type described in clauses (i),
(ii) and (iii) of this paragraph (f) shall have occurred and be continuing with respect to Indebtedness the outstanding Dollar Equivalent
principal amount of which exceeds in the aggregate $100,000,000; or</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)
any Group Member or Bunge Funding shall commence any case, proceeding or other action (A) under any existing or future law of any jurisdiction,
domestic or foreign, relating to bankruptcy, insolvency, reorganization or relief of debtors, seeking to have an order for relief entered
with respect to it, or seeking to adjudicate it a bankrupt or insolvent, or seeking reorganization, arrangement, adjustment, winding&#45;up,
liquidation, dissolution, composition or other relief with respect to it or its debts, or (B) seeking appointment of a receiver, trustee,
custodian, conservator or other similar official for it or for all or any substantial part of its assets, or any Group Member or Bunge
Funding shall make a general assignment for the benefit of its creditors; or (ii) there shall be commenced against any Group Member or
Bunge Funding any case, proceeding or other action of a nature referred to in clause (i) above that (A) results in the entry of an order
for relief or any such adjudication or appointment or (B) remains undismissed, undischarged or unbonded for a period of sixty (60) days;
or (iii) there shall be commenced against any Group Member or Bunge Funding any case, proceeding or other action seeking issuance of a
warrant of attachment, execution, distraint or similar process against all or any substantial part of its assets that results in the entry
of an order for any such relief that shall not have been vacated, discharged, or stayed or bonded pending appeal within sixty (60) days
from the entry thereof; or (iv) any Group Member or Bunge Funding shall take any action in furtherance of, or indicating its consent to,
approval of, or acquiescence in, any of the acts set forth in clause (i), (ii) or (iii) above; or (v) any Group Member or Bunge Funding
shall generally not, or shall be unable to, or shall admit in writing its inability to, pay its debts as they become due; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;one
or more judgments or decrees shall be entered against any Group Member (other than the Borrower) involving in the Dollar Equivalent aggregate
a liability (not paid or fully covered by insurance as to which the relevant insurance company has acknowledged coverage) of $100,000,000
or more, and all such judgments or decrees shall not have been vacated, discharged, stayed or bonded pending appeal within thirty (30)
days from the entry thereof; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;one
or more judgments or decrees shall be entered against the Borrower involving in the Dollar Equivalent aggregate a liability (not paid
or fully covered by insurance as to which the relevant insurance company has acknowledged coverage) of $50,000 or more, and all such judgments
or decrees shall not have been vacated, discharged, stayed or bonded pending appeal within thirty (30) days from the entry thereof; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(j)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any
of the Loan Documents or the Transaction Documents shall cease, for any reason, to be in full force and effect or the Borrower or the
Guarantor shall so assert in writing; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(k)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a
Change in Control of the Guarantor shall have occurred; or</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(l)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Borrower shall become an &#8220;investment company&#8221; within the meaning of the Investment Company Act of 1940, as amended, and shall
not be exempt from compliance under such Act;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">then, and in any such event, (A) if such event
is an Event of Default specified in <U>paragraph (g)</U> above with respect to the Borrower or the Guarantor, then in such case automatically
the Participations shall immediately terminate and the Loans (with accrued interest thereon) and all other amounts owing under this Agreement
and the other Loan Documents shall immediately become due and payable, and (B) if such event is any other Event of Default, any or all
of the following actions may be taken:&nbsp;&nbsp;(i) with the consent of the Required Lenders, the Administrative Agent may, or upon
the request of the Required Lenders, the Administrative Agent shall, by notice to the Borrower, declare the Participations to be terminated
forthwith, whereupon the Participations shall immediately terminate; (ii) with the consent of the Required Lenders, the Administrative
Agent may, or upon the request of the Required Lenders, the Administrative Agent shall, by notice to the Borrower, declare the Loans (with
accrued interest thereon) and all other amounts owing under this Agreement and the other Loan Documents to be due and payable forthwith,
whereupon the same shall immediately become due and payable; and (iii) with the consent of the Required Lenders, the Administrative Agent
may, or upon the request of the Required Lenders, the Administrative Agent shall, by notice to the Borrower, instruct the Borrower to,
and in such event the Borrower shall, instruct the Trustee of the Master Trust to declare the principal and accrued interest in respect
of the Purchased Loans to be due and payable (provided that, for the avoidance of doubt, the Borrower acknowledges and agrees that if
it fails to give such instructions, the Administrative Agent may do so on its behalf).&nbsp;&nbsp;Except as expressly provided above in
this Section, presentment, demand, protest and all other notices of any kind are hereby expressly waived by the Borrower.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">SECTION 7.&nbsp;&nbsp;&nbsp;&nbsp;THE AGENTS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">7.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Appointment</U>.&nbsp;&nbsp;Each
Lender hereby irrevocably designates and appoints the Administrative Agent as the agent of such Lender under this Agreement and the other
Loan Documents, and each such Lender irrevocably authorizes the Administrative Agent, in such capacity, to take such action on its behalf
under the provisions of this Agreement and the other Loan Documents and to exercise such powers and perform such duties as are expressly
delegated to the Administrative Agent by the terms of this Agreement and the other Loan Documents, together with such other powers as
are reasonably incidental thereto.&nbsp;&nbsp;Notwithstanding any provision to the contrary elsewhere in this Agreement, the Administrative
Agent shall not have any duties or responsibilities, except those expressly set forth herein, or any fiduciary relationship with any Lender,
and no implied covenants, functions, responsibilities, duties, obligations or liabilities shall be read into this Agreement or any other
Loan Document or otherwise exist against the Administrative Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">7.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Delegation
of Duties</U>.&nbsp;&nbsp;The Administrative Agent may execute any of its duties under this Agreement and the other Loan Documents by
or through agents or attorneys&#45;in&#45;fact and shall be entitled to advice of counsel concerning all matters pertaining to such duties.&nbsp;&nbsp;The
Administrative Agent shall not be responsible for the negligence or misconduct of any agents or attorneys in&#45;fact selected by it with
reasonable care.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">7.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Exculpatory
Provisions</U>.&nbsp;&nbsp;Neither any Agent nor any of their respective officers, directors, employees, agents, attorneys&#45;in&#45;fact
or Affiliates shall be (i) liable for any action lawfully taken or omitted to be taken by it or such Person under or in connection with
this Agreement or any other Loan Document, or in connection herewith or therewith, (x) with the consent of or at the request of the Required
Lenders (or such other number or percentage of the Lenders as shall be necessary, or as the Administrative Agent shall believe in good
faith to be necessary, under the circumstances as provided in the Loan Documents) or (y) in the absence of its own gross negligence or
willful misconduct (such absence to be presumed unless otherwise determined by a court of competent jurisdiction by a final and non-appealable
judgment) nor (ii) responsible in any manner to any of the Lenders for any recitals, statements, representations or warranties made by
any Loan Party or any officer thereof contained in this Agreement or any other Loan Document or in any certificate, report, statement
or other document referred to or provided for in, or received by the Agents under or in connection with, this Agreement or any other Loan
Document or for the value, validity, effectiveness, genuineness, enforceability or sufficiency of this Agreement or any other Loan Document
(including, for the avoidance of doubt, in connection with the Administrative Agent&#8217;s reliance on any Electronic Signature transmitted
by telecopy, emailed pdf. or any other electronic means that reproduces an image of an actual executed signature page) or for any failure
of any Loan Party a party thereto to perform its obligations hereunder or thereunder.&nbsp;&nbsp;The Agents shall not be under any obligation
to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of,
this Agreement or any other Loan Document, or to inspect the properties, books or records of any Loan Party.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">7.4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Reliance
by Administrative Agent</U>.&nbsp;&nbsp;The Administrative Agent shall be entitled to rely, and shall be fully protected in relying, upon
any instrument, writing, resolution, notice, consent, certificate, affidavit, letter, telecopy, telex or teletype message, statement,
order or other document or conversation believed by it to be genuine and correct and to have been signed, sent or made by the proper Person
or Persons and upon advice and statements of legal counsel (including counsel to the Guarantor or the Borrower), independent accountants
and other experts selected by the Administrative Agent.&nbsp;&nbsp;The Administrative Agent may deem and treat the payee of any Note as
the owner thereof for all purposes unless a written notice of assignment, negotiation or transfer thereof shall have been filed with the
Administrative Agent.&nbsp;&nbsp;The Administrative Agent shall be fully justified in failing or refusing to take any action under this
Agreement or any other Loan Document unless it shall first receive such advice or concurrence of the Required Lenders (or, if so specified
by this Agreement, all Lenders) as it deems appropriate or it shall first be indemnified to its satisfaction by the Lenders against any
and all liability and expense that may be incurred by it by reason of taking or continuing to take any such action.&nbsp;&nbsp;The Administrative
Agent shall in all cases be fully protected in acting, or in refraining from acting, under this Agreement and the other Loan Documents
in accordance with a request of the Required Lenders (or, if so specified by this Agreement, all Lenders), and such request and any action
taken or failure to act pursuant thereto shall be binding upon all the Lenders and all future holders of the Loans.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">7.5&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Notice
of Default</U>.&nbsp;&nbsp;The Administrative Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or
Event of Default unless the Administrative Agent has received notice from a Lender, the Guarantor or the Borrower referring to this Agreement,
describing such Default or Event of Default and stating that such notice is a &#8220;notice of default&#8221;.&nbsp;&nbsp;In the event
that the Administrative Agent receives such a notice, the Administrative Agent shall give notice thereof to the Lenders.&nbsp;&nbsp;The
Administrative Agent shall take such action with respect to such Default or Event of Default as shall be reasonably directed by the Required
Lenders (or, if so specified by this Agreement, all Lenders); <U>provided</U> that unless and until the Administrative Agent shall have
received such directions, the Administrative Agent may (but shall not be obligated to) take such action, or refrain from taking such action,
with respect to such Default or Event of Default as it shall deem advisable in the best interests of the Lenders.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">7.6&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Non-Reliance
on Agents and Other Lenders</U>.&nbsp;&nbsp;Each Lender expressly acknowledges that neither the Agents nor any of their respective officers,
directors, employees, agents, attorneys&#45;in&#45;fact or Affiliates have made any representations or warranties to it and that no act
by any Agent hereafter taken, including any review of the affairs of a Loan Party or any Affiliate of a Loan Party, shall be deemed to
constitute any representation or warranty by any Agent to any Lender.&nbsp;&nbsp;Each Lender represents to the Agents that it has, independently
and without reliance upon any Agent or any other Lender, and based on such documents and information as it has deemed appropriate, made
its own appraisal of and investigation into the business, operations, property, financial and other condition and creditworthiness of
the Loan Parties and their Affiliates and made its own decision to make its Loans hereunder and enter into this Agreement.&nbsp;&nbsp;Each
Lender also represents that it will, independently and without reliance upon any Agent or any other Lender, and based on such documents
and information as it shall deem appropriate at the time, continue to make its own credit analysis, appraisals and decisions in taking
or not taking action under this Agreement and the other Loan Documents, and to make such investigation as it deems necessary to inform
itself as to the business, operations, property, financial and other condition and creditworthiness of the Loan Parties and their Affiliates.&nbsp;&nbsp;Except
for notices, reports and other documents expressly required to be furnished to the Lenders by the Administrative Agent hereunder, the
Administrative Agent shall not have any duty or responsibility to provide any Lender with any credit or other information concerning the
business, operations, property, condition (financial or otherwise), prospects or creditworthiness of any Loan Party or any Affiliate of
a Loan Party that may come into the possession of the Administrative Agent or any of its officers, directors, employees, agents, attorneys&#45;in&#45;fact
or Affiliates.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">7.7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Indemnification</U>.&nbsp;&nbsp;The
Lenders agree to indemnify each Agent in its capacity as such (to the extent not reimbursed by the Guarantor or the Borrower and without
limiting the obligation of the Guarantor or the Borrower to do so), ratably according to their respective Participation Percentage in
effect on the date on which indemnification is sought under this Section (or, if indemnification is sought after the date upon which the
Participations shall have terminated and the Loans shall have been paid in full, ratably in accordance with such Participation Percentages
immediately prior to such date), from and against any and all liabilities, obligations, losses, damages, penalties, actions, judgments,
suits, costs, expenses or disbursements of any kind whatsoever that may at any time (whether before or after the payment of the Loans)
be imposed on, incurred by or asserted against such Agent in any way relating to or arising out of, the Participations, this Agreement,
any of the other Loan Documents or any documents contemplated by or referred to herein or therein or the transactions contemplated hereby
or thereby or any action taken or omitted by such Agent under or in connection with any of the foregoing; <U>provided</U> that no Lender
shall be liable for the payment of any portion of such liabilities, obligations, losses, damages, penalties, actions, judgments, suits,
costs, expenses or disbursements that are found by a decision of a court of competent jurisdiction to have resulted from such Agent&#8217;s
gross negligence or willful misconduct.&nbsp;&nbsp;The agreements in this Section shall survive the payment of the Loans and all other
amounts payable hereunder.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">7.8&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Agent
in Its Individual Capacity</U>.&nbsp;&nbsp;Each Agent and its Affiliates may make loans to, accept deposits from and generally engage
in any kind of business with any Loan Party as though such Agent were not an Agent.&nbsp;&nbsp;With respect to its Loans made or renewed
by it, each Agent shall have the same rights and powers under this Agreement and the other Loan Documents as any Lender and may exercise
the same as though it were not an Agent, and the terms &#8220;Lender&#8221; and &#8220;Lenders&#8221; shall include each Agent in its
individual capacity.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">7.9&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Successor
Administrative Agent</U>.&nbsp;&nbsp;The Administrative Agent may resign, or shall resign upon the request of the Required Lenders in
the event the Administrative Agent becomes a Defaulting Lender and is not a Performing Lender, as Administrative Agent upon ten (10) days&#8217;
notice to the Lenders and the Borrower.&nbsp;&nbsp;If the Administrative Agent shall resign as Administrative Agent under this Agreement
and the other Loan Documents, then the Required Lenders shall appoint from among the Lenders a successor agent for the Lenders, which
successor agent shall (unless an Event of Default under <U>Sections 6(a)</U>, <U>6(e)</U> or <U>6(f)</U> with respect to the Borrower
shall have occurred and be continuing) be subject to approval by the Borrower (which approval shall not be unreasonably withheld or delayed),
whereupon such successor agent shall succeed to the rights, powers and duties of the Administrative Agent, and the term &#8220;Administrative
Agent&#8221; shall mean such successor agent effective upon such appointment and approval, and the former Administrative Agent&#8217;s
rights, powers and duties as Administrative Agent shall be terminated, without any other or further act or deed on the part of such former
Administrative Agent or any of the parties to this Agreement or any holders of the Loans.&nbsp;&nbsp;If no successor agent has accepted
appointment as Administrative Agent by the date that is ten (10) days following a retiring Administrative Agent&#8217;s notice of resignation,
the retiring Administrative Agent&#8217;s resignation shall nevertheless thereupon become effective, and the Lenders shall assume and
perform all of the duties of the Administrative Agent hereunder until such time, if any, as the Required Lenders appoint a successor agent
as provided for above.&nbsp;&nbsp;After any retiring Administrative Agent&#8217;s resignation as Administrative Agent, the provisions
of this <U>Section 7.9</U> shall inure to its benefit as to any actions taken or omitted to be taken by it while it was Administrative
Agent under this Agreement and the other Loan Documents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">7.10&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Syndication
Agent, Lead Arrangers, Bookrunners and Documentation Agents</U>.&nbsp;&nbsp;Neither the Syndication Agent, Lead Arrangers, Bookrunners
nor the Documentation Agents shall have any duties or responsibilities hereunder in its capacity as such.&nbsp;&nbsp;No Syndication Agent,
Lead Arranger, Bookrunner or Documentation Agent shall have or be deemed to have any fiduciary relationship with any Lender.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">7.11&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Agent
Communications</U>.&nbsp;&nbsp;The Administrative Agent shall provide to each Lender a copy of each material report, certificate, statement
or other communication required to be delivered to it under the Loan Documents and which has not been delivered to the Lenders; <U>provided</U>,
that posting by the Administrative Agent to Intralinks or to a similar electronic distribution location shall satisfy the requirements
of this Section.&nbsp;&nbsp;Without limiting the foregoing, none of such Lenders shall have or be deemed to have a fiduciary relationship
with any Lender.&nbsp;&nbsp;The Lenders are not partners or co-venturers, and no Lender shall be liable for the acts or omissions of,
or (except as otherwise set forth herein in case of the Administrative Agent) authorized to act for, any other Lender.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">7.12&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Certain
ERISA Matters</U>.&nbsp;&nbsp;(a) Each Lender (x) represents and warrants, as of the date such Person became a Lender party hereto, to,
and (y) covenants, from the date such Person became a Lender party hereto to the date such Person ceases being a Lender party hereto,
for the benefit of, the Administrative Agent and its respective Affiliates, and not, for the avoidance of doubt, to or for the benefit
of the Borrower or any other Loan Party, that at least one of the following is and will be true:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">(i) such Lender is not
using &#8220;plan assets&#8221; (within the meaning of the Plan Asset Regulations) of one or more Benefit Plans in connection with the
Loans or the Participations;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">(ii) the transaction
exemption set forth in one or more PTEs, such as PTE 84-14 (a class exemption for certain transactions determined by independent qualified
professional asset managers), PTE 95-60 (a class exemption for certain transactions involving insurance company general accounts), PTE
90-1 (a class exemption for certain transactions involving insurance company pooled separate accounts), PTE 91-38 (a class exemption for
certain transactions involving bank collective investment funds) or PTE 96-23 (a class exemption for certain transactions determined by
in-house asset managers), is applicable with respect to such Lender&#8217;s entrance into, participation in, administration of and performance
of the Loans, the Participations and this Agreement, and the conditions for exemptive relief thereunder are and will continue to be satisfied
in connection therewith;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">(iii) (A) such Lender
is an investment fund managed by a &#8220;Qualified Professional Asset Manager&#8221; (within the meaning of Part VI of PTE 84-14), (B)
such Qualified Professional Asset Manager made the investment decision on behalf of such Lender to enter into, participate in, administer
and perform the Loans, the Participations and this Agreement, (C) the entrance into, participation in, administration of and performance
of the Loans, the Participations and this Agreement satisfies the requirements of sub-sections (b) through (g) of Part I of PTE 84-14
and (D) to the best knowledge of such Lender, the requirements of subsection (a) of Part I of PTE 84-14 are satisfied with respect to
such Lender&#8217;s entrance into, participation in, administration of and performance of the Loans, the Participations and this Agreement;
or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.75in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">(iv) such other representation,
warranty and covenant as may be agreed in writing between the Administrative Agent, in its sole discretion, and such Lender.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">(b) In addition, unless either (1)
sub-clause (i) in the immediately preceding clause (a) is true with respect to a Lender or (2) a Lender has provided another representation,
warranty and covenant in accordance with sub-clause (iv) in the immediately preceding clause (a), such Lender further (x) represents and
warrants, as of the date such Person became a Lender party hereto, to, and (y) covenants, from the date such Person became a Lender party
hereto to the date such Person ceases being a Lender party hereto, for the benefit of, the Administrative Agent and each other Lead Arranger
and their respective Affiliates, and not, for the avoidance of doubt, to or for the benefit of the Borrower or any other Loan Party, that
none of the Administrative Agent, or any Lead Arranger or any of their respective Affiliates is a fiduciary with respect to the assets
of such Lender involved in the Loans, the Participations and this Agreement (including in connection with the reservation or exercise
of any rights by the Administrative Agent under this Agreement, any Loan Document or any documents related to hereto or thereto).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">(c) The Administrative Agent, and
each Lead Arranger hereby informs the Lenders that each such Person is not undertaking to provide investment advice or to give advice
in a fiduciary capacity, in connection with the transactions contemplated hereby, and that such Person has a financial interest in the
transactions contemplated hereby in that such Person or an Affiliate thereof (i) may receive interest or other payments with respect to
the Loans, the Participations, this Agreement and any other Loan Documents (ii) may recognize a gain if it extended the Loans or the Participations
for an amount less than the amount being paid for an interest in the Loans or the Participations by such Lender or (iii) may receive fees
or other payments in connection with the transactions contemplated hereby, the Loan Documents or otherwise, including structuring fees,
commitment fees, arrangement fees, facility fees, upfront fees, underwriting fees, ticking fees, agency fees, administrative agent or
collateral agent fees, utilization fees, minimum usage fees, letter of credit fees, fronting fees, deal-away or alternate transaction
fees, amendment fees, processing fees, term out premiums, banker&#8217;s acceptance fees, breakage or other early termination fees or
fees similar to the foregoing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">7.13&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Erroneous
Payments</U>.&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
Lender hereby agrees that (x) if the Administrative Agent notifies such Lender that the Administrative Agent has determined in its sole
discretion that any funds received by such Lender from the Administrative Agent or any of its Affiliates (whether as a payment, prepayment
or repayment of principal, interest, fees or otherwise; individually and collectively, a &#8220;<U>Payment</U>&#8221;) were erroneously
transmitted to such Lender (whether or not known to such Lender), and demands the return of such Payment (or a portion thereof), such
Lender shall promptly, but in no event later than one Business Day thereafter, return to the Administrative Agent the amount of any such
Payment (or portion thereof) as to which such a demand was made in same day funds, together with interest thereon in respect of each day
from and including the date such Payment (or portion thereof) was received by such Lender to the date such amount is repaid to the Administrative
Agent at the greater of the NYFRB Rate and a rate determined by the Administrative Agent in accordance with banking industry rules on
interbank compensation from time to time in effect, and (y) to the extent permitted by applicable law, such Lender shall not assert, and
hereby waives, as to the Administrative Agent, any claim, counterclaim, defense or right of set-off or recoupment with respect to any
demand, claim or counterclaim by the Administrative Agent for the return of any Payments received, including without limitation any defense
based on &#8220;discharge for value&#8221; or any similar doctrine.&nbsp;&nbsp;A notice of the Administrative Agent to any Lender under
this <U>&#8206;Section 7.13(a)</U> shall be conclusive, absent manifest error.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
Lender hereby further agrees that if it receives a Payment from the Administrative Agent or any of its Affiliates (x) that is in a different
amount than, or on a different date from, that specified in a notice of payment sent by the Administrative Agent (or any of its Affiliates)
with respect to such Payment (a &#8220;<U>Payment Notice</U>&#8221;) or (y) that was not preceded or accompanied by a Payment Notice,
it shall be on notice, in each such case, that an error has been made with respect to such Payment.&nbsp;&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify">Each Lender agrees that, in each such case,
or if it otherwise becomes aware a Payment (or portion thereof) may have been sent in error, such Lender shall promptly notify the Administrative
Agent of such occurrence and, upon demand from the Administrative Agent, it shall promptly, but in no event later than one Business Day
thereafter, return to the Administrative Agent the amount of any such Payment (or portion thereof) as to which such a demand was made
in same day funds, together with interest thereon in respect of each day from and including the date such Payment (or portion thereof)
was received by such Lender to the date such amount is repaid to the Administrative Agent at the greater of the NYFRB Rate and a rate
determined by the Administrative Agent in accordance with banking industry rules on interbank compensation from time to time in effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Borrower and each other Loan Party hereby agrees that (x) in the event an erroneous Payment (or portion thereof) are not recovered from
any Lender that has received such Payment (or portion thereof) for any reason, the Administrative Agent shall be subrogated to all the
rights of such Lender with respect to such amount and (y) an erroneous Payment shall not pay, prepay, repay, discharge or otherwise satisfy
any Obligations owed by the Borrower or any other Loan Party.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify; text-indent: 1in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
party&#8217;s obligations under this &#8206;<U>Section 7.13</U> shall survive the resignation or replacement of the Administrative Agent
or any transfer of rights or obligations by, or the replacement of, a Lender, the termination of the Participations or the repayment,
satisfaction or discharge of all Obligations under any Loan Document.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">SECTION 8.&nbsp;&nbsp;&nbsp;&nbsp;MISCELLANEOUS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">8.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Amendments
and Waivers</U>.&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(a) Subject to <U>Section
2.10(b)</U>, neither this Agreement, any other Loan Document, nor any terms hereof or thereof may be amended, supplemented or modified
except in accordance with the provisions of this <U>Section&nbsp;8.1</U>.&nbsp;&nbsp;The Required Lenders and each Loan Party party to
the relevant Loan Document may, or, with the written consent of the Required Lenders, the Administrative Agent and each Loan Party party
to the relevant Loan Document may, from time to time (i) enter into written amendments, supplements or modifications hereto and to the
other Loan Documents for the purpose of adding any provisions to this Agreement or the other Loan Documents or changing in any manner
the rights of the Lenders or of the Loan Parties hereunder or thereunder or (ii) waive, on such terms and conditions as the Required Lenders
or the Administrative Agent, as the case may be, may specify in such instrument, any of the requirements of this Agreement or the other
Loan Documents or any Default or Event of Default and its consequences; <U>provided</U>, <U>however</U>, that no such waiver and no such
amendment, supplement or modification shall; (o) permit borrowings in a currency not otherwise permitted hereunder without the written
consent of each Lender directly affected thereby, (p) change the uncommitted nature of the Participations to a committed or partially
committed facility without the written consent of each Lender, (q) amend the definitions of &#8220;Participation Percentage&#8221; or
any other provision of any Loan Document having the effect of modifying the pro rata treatment among the Lenders and among all Lenders
generally thereunder, without the written consent of all Lenders;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">(r) amend, modify or waive any provision of
<U>Section 2.1(b)</U> affecting the right of any Lender to consent to any increase to the Participation allocated to such Lender without
the written consent of such Lender; (s) impose any greater restriction on the ability of any Lender to assign any of its rights or obligations
without the written consent of the Required Lenders; (t) modify or waive any provision of <U>Section 2.11</U>, without the written consent
of all of the Lenders; (u) modify the right of any Lender to become a Declining Lender without the consent of such Lender; (v) waive any
of the conditions set forth in <U>Section 4.1</U> or <U>Section 4.2</U> with respect to borrowings without the written consent of the
Required Lenders, respectively, (w)&nbsp;reduce (by way of forgiveness or otherwise) the principal amount or extend the final scheduled
date of maturity of any Loan, reduce the amount or stated rate of any interest or fee payable hereunder (except (1) in connection with
the waiver of applicability of any post-default increase in interest rates and (2)&nbsp;that any amendment or modification of defined
terms used in the financial covenants in this Agreement or the other Loan Documents shall not constitute a reduction in the rate of interest
or fees for purposes of this clause (w)) or extend the scheduled date of any payment thereof, or increase the amount or extend the expiration
date of any Lender&#8217;s Participation, in each case without the written consent of each Lender directly affected thereby; (x) eliminate
or reduce the voting rights of any Lender, or otherwise amend any provisions, under this <U>Section 8.1</U>, without the written consent
of such Lender; (y) reduce any percentage specified in the definition of Required Lenders, consent to the assignment or transfer by the
Borrower of any of its rights and obligations under this Agreement and the other Loan Documents, amend or waive <U>Section 5.1(k)</U>,
or release the Guarantor from its obligations under the Guaranty Agreement, or assign any obligations under the Guaranty Agreement, effect
any action pursuant to Section 17 of the Guaranty Agreement, or change any provision hereof requiring ratable funding or ratable sharing
of payments or setoffs or otherwise related to the pro rata treatment of Lenders, in each case without the written consent of all Lenders;
or (z)&nbsp;amend, modify or waive any provision of <U>Section 7</U> without the written consent of the Administrative Agent (and, solely
with respect to <U>Section 7.10</U>, the Documentation Agent(s) and the Syndication Agent).&nbsp;&nbsp;Any such waiver and any such amendment,
supplement or modification shall apply equally to each of the Lenders and shall be binding upon the Loan Parties, the Lenders, the Administrative
Agent and all future holders of the Loans.&nbsp;&nbsp;In the case of any waiver, the Loan Parties, the Lenders and the Administrative
Agent shall be restored to their former position and rights hereunder and under the other Loan Documents, and any Default or Event of
Default waived shall be deemed to be cured and not continuing; but no such waiver shall extend to any subsequent or other Default or Event
of Default, or impair any right consequent thereon.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(b) Notwithstanding
<U>Section 8.1(a)</U>, the Participations and the Participation Percentage of any Defaulting Lender that is not a Performing Lender shall
be disregarded for all purposes of any determination of whether the Required Lenders have taken or may take any action hereunder (including
any consent to any amendment or waiver pursuant to <U>Section 8.1(a)</U>), <U>provided</U> that any waiver, amendment or modification
requiring the consent of all Lenders or each affected Lender shall require the consent of such Defaulting Lender.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">8.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Notices</U>.&nbsp;&nbsp;All
notices, requests and demands to or upon the respective parties hereto to be effective shall be in writing (including by telecopy), and,
unless otherwise expressly provided herein, shall be deemed to have been duly given or made when delivered, or three (3) Business Days
after being deposited in the mail, postage prepaid, or, in the case of telecopy notice, when received, addressed as follows in the case
of the Borrower and the Administrative Agent, and as set forth in an administrative questionnaire delivered to the Administrative Agent
in the case of the Lenders, or to such other address as may be hereafter notified by the respective parties hereto:</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 37%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; text-indent: 18.6pt">Borrower:</TD>
    <TD STYLE="width: 63%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">1391 Timberlake Manor Parkway</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Chesterfield, Missouri 63017</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Attention:&nbsp;&nbsp;Treasurer</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Tel. No:&nbsp;&nbsp;(636) 292-3029</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Telecopy:&nbsp;&nbsp;(636) 292-4029</P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; text-indent: 18.6pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">with a copy to:</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><U><BR>
    </U>Bunge Limited</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">1391 Timberlake Manor Parkway</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Chesterfield, Missouri 63017</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Attention:&nbsp;&nbsp;Treasurer</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Tel. No:&nbsp;&nbsp;(636) 292-3029</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Telecopy:&nbsp;&nbsp;(636) 292-4029</P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; text-indent: 18.6pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 42.6pt; text-align: justify; text-indent: -24pt">Administrative Agent:</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Co&ouml;peratieve Rabobank U.A., New York Branch</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">245 Park Avenue, 36th Floor</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">New York, NY 10167</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Attention:&nbsp;&nbsp;Anna Marie Ybanez, Agency Services</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Phone:&nbsp;&nbsp;212-574-7334</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Fax:&nbsp;&nbsp;914-304-9327</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Email:&nbsp;&nbsp;fm.am.SyndicatedLoans@rabobank.com with a copy to Annamarie.Ybanez@rabobank.com<BR>
    <BR>
    </P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 42.6pt; text-align: justify; text-indent: -24pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"><U>provided</U> that any notice, request or
demand to or upon the Administrative Agent or the Lenders shall not be effective until received.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">8.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Waiver; Cumulative Remedies</U>.&nbsp;&nbsp;No failure to exercise and no delay in exercising, on the part of the Administrative Agent
or any Lender, any right, remedy, power or privilege hereunder or under the other Loan Documents shall operate as a waiver thereof; nor
shall any single or partial exercise of any right, remedy, power or privilege hereunder preclude any other or further exercise thereof
or the exercise of any other right, remedy, power or privilege.&nbsp;&nbsp;The rights, remedies, powers and privileges herein provided
are cumulative and not exclusive of any rights, remedies, powers and privileges provided by law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">8.4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Survival
of Representations and Warranties</U>.&nbsp;&nbsp;All representations and warranties made hereunder, in the other Loan Documents and in
any document, certificate or statement delivered pursuant hereto or in connection herewith shall survive the execution and delivery of
this Agreement and the making of the Loans hereunder.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">8.5&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Payment
of Expenses and Taxes</U>.&nbsp;&nbsp;The Borrower agrees (a) to pay or reimburse the Administrative Agent for all its reasonable out&#45;of&#45;pocket
costs and expenses incurred in connection with the development, preparation and execution of, and any amendment, supplement or modification
to, this Agreement and the other Loan Documents and any other documents prepared in connection herewith or therewith, and the consummation
and administration of the transactions contemplated hereby and thereby, including the reasonable fees and disbursements of counsel to
the Administrative Agent and filing and recording fees and expenses, with statements with respect to the foregoing to be submitted to
the Borrower prior to the Closing Date (in the case of amounts to be paid on the Closing Date) and from time to time thereafter on a quarterly
basis or such other periodic basis as the Administrative Agent shall deem appropriate, (b) to pay or reimburse each Lender and the Administrative
Agent for all its costs and expenses incurred in connection with the enforcement or preservation of any rights under this Agreement, the
other Loan Documents and any such other documents, including the fees and disbursements of counsel (including the allocated fees and expenses
of in-house counsel) to each Lender and of counsel to the Administrative Agent, (c) to pay, indemnify, and hold each Lender and the Administrative
Agent harmless from, any and all recording and filing fees that may be payable or determined to be payable in connection with the execution
and delivery of, or consummation or administration of any of the transactions contemplated by, or any amendment, supplement or modification
of, or any waiver or consent under or in respect of, this Agreement, the other Loan Documents and any such other documents, and (d) to
pay, indemnify, and hold each Lender and the Administrative Agent and their respective officers, directors, employees, Affiliates, agents
and controlling persons (each, an &#8220;<U>Indemnitee</U>&#8221;) harmless from and against any and all other liabilities, obligations,
losses, damages, penalties, actions, judgments, suits, costs, expenses or disbursements of any kind or nature whatsoever with respect
to the execution, delivery, enforcement, performance and administration of this Agreement, the other Loan Documents and any such other
documents, including any of the foregoing relating to the use of proceeds of the Loans or the violation of, noncompliance with or liability
under, any Environmental Law applicable to the operations of any Group Member or any of the properties owned by such Group Members and
the reasonable fees and expenses of legal counsel in connection with claims, actions or proceedings by any Indemnitee against any Loan
Party under any Loan Document (all the foregoing in this clause (d), collectively, the &#8220;<U>Indemnified Liabilities</U>&#8221;),
<U>provided</U>, that the Borrower shall have no obligation hereunder to any Indemnitee with respect to Indemnified Liabilities to the
extent such Indemnified Liabilities are found by a final, non-appealable judgment of a court of competent jurisdiction to have resulted
from the gross negligence or willful misconduct of such Indemnitee.&nbsp;&nbsp;Without limiting the foregoing, and to the extent permitted
by applicable law, the Borrower agrees not to assert, and hereby waives, all rights for contribution or any other rights of recovery with
respect to all claims, demands, penalties, fines, liabilities, settlements, damages, costs and expenses of whatever kind or nature, under
or related to Environmental Laws, that any of them might have by statute or otherwise against any Indemnitee.&nbsp;&nbsp;For the avoidance
of doubt, no Indemnitee shall be liable for any damages arising from the use by unintended recipients of any information or other materials
distributed by it through telecommunications, electronic or other information transmission systems in connection with this Agreement or
the other Loan Documents or the transactions contemplated hereby or thereby, except to the extent that any such damages are determined
in a final and non-appealable judgment of a court of competent jurisdiction, to result from the willful misconduct or gross negligence
of such Indemnitee.&nbsp;&nbsp;All amounts due under this <U>Section 8.5</U> shall be payable not later than ten (10) days after written
demand therefor.&nbsp;&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">Statements payable by the Borrower pursuant
to this <U>Section 8.5</U> shall be submitted to Rajat Gupta (Telephone No.&nbsp;(914) 684-3442; Email:&nbsp;&nbsp;rajat.gupta@bunge.com),
at the address of Bunge Limited set forth in <U>Section 8.2</U>, or to such other Person or address as may be hereafter designated by
the Borrower in a written notice to the Administrative Agent.&nbsp;&nbsp;The agreements in this <U>Section 8.5</U> shall survive repayment
of the Loans and all other amounts payable hereunder.&nbsp;&nbsp;Notwithstanding the foregoing, and for the avoidance of doubt, this <U>Section
8.5</U> shall not apply with respect to Taxes other than any Taxes that represent losses, claims, damages, etc. arising from a non-Tax
claim.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">To the extent permitted by applicable
law (i) the Borrower and any Loan Party shall not assert, and the Borrower and each Loan Party hereby waives, any claim against the Administrative
Agent, any Lead Arranger, any Syndication Agent, any Co-Documentation Agent and any Lender, and any Affiliates of any of the foregoing
Persons (each such Person being called a &#8220;<U>Lender-Related Person</U>&#8221;) for any Liabilities arising from the use by others
of information or other materials (including, without limitation, any personal data) obtained through telecommunications, electronic or
other information transmission systems (including the Internet), and (ii) no party hereto shall assert, and each such party hereby waives,
any Liabilities against any other party hereto, on any theory of liability, for special, indirect, consequential or punitive damages (as
opposed to direct or actual damages) arising out of, in connection with, or as a result of, this Agreement, any other Loan Document, or
any agreement or instrument contemplated hereby or thereby, the transactions, any Loan or the use of the proceeds thereof; <U>provided</U>
that, nothing in this paragraph shall relieve the Borrower and each Loan Party of any obligation it may have to indemnify an Indemnitee,
as provided in the preceding paragraph, against any special, indirect, consequential or punitive damages asserted against such Indemnitee
by a third party.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">8.6&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Successors
and Assigns; Participations and Assignments</U>.&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(a) This Agreement
shall be binding upon and inure to the benefit of the Borrower, the Lenders, the Administrative Agent, all future holders of the Loans
and their respective successors and assigns, except that (i) the Borrower may not assign or transfer any of its rights or obligations
under this Agreement without the prior written consent of each Lender and (ii) any attempted assignment or transfer by the Borrower without
such consent shall be null and void.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(b) Any Lender other
than any Conduit Lender may, without the consent of the Borrower or the Administrative Agent, in accordance with applicable law, at any
time sell to one or more banks, financial institutions or other entities (other than the Borrower or any of its Affiliates or an Ineligible
Institution) (each, a &#8220;<U>Participant</U>&#8221;) participating interests in any Loan owing to such Lender, the Participation of
such Lender or any other interest of such Lender hereunder and under the other Loan Documents.&nbsp;&nbsp;In the event of any such sale
by a Lender of a participating interest to a Participant, such Lender&#8217;s obligations under this Agreement to the other parties to
this Agreement shall remain unchanged, such Lender shall remain solely responsible for the performance thereof, such Lender shall remain
the holder of any such Loan for all purposes under this Agreement and the other Loan Documents, and the Borrower and the Administrative
Agent shall continue to deal solely and directly with such Lender in connection with such Lender&#8217;s rights and obligations under
this Agreement and the other Loan Documents.&nbsp;&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify">In no event shall any Participant under
any such participation have any right to approve any amendment or waiver of any provision of any Loan Document, or any consent to any
departure by any Loan Party therefrom, except any amendment, waiver or consent described in clause (w) of the proviso to <U>Section 8.1</U>
that affects such Participant, in each case to the extent subject to such participation.&nbsp;&nbsp;The Borrower agrees that if amounts
outstanding under this Agreement and the Loans are due or unpaid, or shall have been declared or shall have become due and payable upon
the occurrence of an Event of Default, each Participant shall, to the maximum extent permitted by applicable law, be deemed to have the
right of setoff in respect of its participating interest in amounts owing under this Agreement to the same extent as if the amount of
its participating interest were owing directly to it as a Lender under this Agreement, <U>provided</U> that, in purchasing such participating
interest, such Participant shall be deemed to have agreed to share with the Lenders the proceeds thereof as provided in <U>Section 8.7</U>
as fully as if it were a Lender hereunder.&nbsp;&nbsp;The Borrower also agrees that each Participant shall be entitled to the benefits
of <U>Sections 2.12</U>, <U>2.13</U> and <U>2.14</U> (and subject to the limitations thereof) with respect to its participation in the
Participations and the Loans outstanding from time to time as if it was a Lender; <U>provided</U> that, in the case of <U>Section 2.13</U>,
such Participant shall have complied with the requirements of <U>Section 2.13</U> (including the requirements under <U>Sections 2.13(e)</U>,
<U>2.13(f)</U> and <U>2.13(g)</U> (it being understood that the documentation required under <U>Sections 2.13(e)</U>, <U>2.13(f)</U> and
<U>2.13(g)</U> shall be delivered to the participating Lender)) as if it was a Lender, and <U>provided</U>, <U>further</U>, that no Participant
shall be entitled to receive any greater amount pursuant to <U>Sections 2.11</U>, <U>2.12</U> or <U>2.13</U> (as the case may be) than
the transferor Lender would have been entitled to receive in respect of the amount of the participation transferred by such transferor
Lender to such Participant had no such transfer occurred, except to the extent such entitlement to receive a greater payment results from
a Change in Law made subsequent to the date hereof that occurs after the Participant acquired the applicable participation.&nbsp;&nbsp;Each
Lender that sells a participation shall, acting as a non-fiduciary agent on behalf of the Borrower, maintain a register on which it enters
the name and address of each Participant and the principal amounts (and stated interest) of each Participant&#8217;s interest in the Loans
or other obligations under this Agreement (the &#8220;<U>Participant Register</U>&#8221;); <U>provided</U> that no Lender shall have any
obligation to disclose all or any portion of the Participant Register to any Person (including the identity of any Participant or any
information relating to a Participant&#8217;s interest in any Participations or Loans or its other obligations under any Loan Document)
except to the extent that such disclosure is necessary to establish that such Participation or Loan or other obligation is in registered
form under Section 5f.103-1(c) of the United States Treasury Regulations. The entries in the Participant Register shall be conclusive,
in the absence of manifest error, and such Lender, each Loan Party and the Administrative Agent shall treat each person whose name is
recorded in the Participant Register pursuant to the terms hereof as the owner of such participation for all purposes of this Agreement,
notwithstanding notice to the contrary.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(c) Any Lender other
than any Conduit Lender (an &#8220;<U>Assignor</U>&#8221;) may, in accordance with applicable law, at any time and from time to time assign
to any Person (other than the Borrower or any of its Affiliates or an Ineligible Institution) (an &#8220;<U>Assignee</U>&#8221;) all or
any part of its rights and obligations under this Agreement and the other Loan Documents pursuant to an Assignment and Acceptance, executed
by such Assignee, such Assignor and any other Person whose consent is required pursuant to this paragraph, and delivered to the Administrative
Agent for its acceptance and recording in the Register; <U>provided</U> that (i) the consent of the Borrower and the Administrative Agent
(which, in each case, shall not be unreasonably withheld or delayed, and in the case of the Borrower shall be deemed to have been given
if the Borrower has not responded to a proposed assignment within ten (10) Business Days following its receipt of notice of such proposed
assignment) shall be required in the case of any assignment to a Person that is not a Lender or a Lender Affiliate (except that the consent
of the Borrower shall not be required for any assignment that occurs when either a Default or an Event of Default shall have occurred
and be continuing) and (ii) unless otherwise agreed by the Borrower and the Administrative Agent, no such assignment to an Assignee (other
than any Lender or any Lender Affiliate) shall be in an aggregate principal amount of less than $5,000,000, in each case except in the
case of an assignment of all of a Lender&#8217;s interests under this Agreement.&nbsp;&nbsp;For purposes of the proviso contained in the
preceding sentence, the amount described therein shall be aggregated in respect of each Lender and its Lender Affiliates, if any.&nbsp;&nbsp;Upon
such execution, delivery, acceptance and recording, from and after the effective date determined pursuant to such Assignment and Acceptance,
(x)&nbsp;the Assignee thereunder shall be a party hereto and, to the extent provided in such Assignment and Acceptance, have the rights
and obligations of a Lender hereunder with a Participation and/or Loans as set forth therein, and (y) the Assignor thereunder shall, to
the extent provided in such Assignment and Acceptance, be released from its obligations under this Agreement (and, in the case of an Assignment
and Acceptance covering all of an Assignor&#8217;s rights and obligations under this Agreement, such Assignor shall cease to be a party
hereto).&nbsp;&nbsp;Notwithstanding the foregoing, any Conduit Lender may assign at any time to its designating Lender hereunder without
the consent of the Borrower or the Administrative Agent any or all of the Loans it may have funded hereunder and pursuant to its designation
agreement and without regard to the limitations set forth in the first sentence of this <U>Section 8.6(c)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(d) The Administrative
Agent shall, on behalf of the Borrower, maintain at its address referred to in <U>Section 8.2</U> a copy of each Assignment and Acceptance
delivered to it and a register (the &#8220;<U>Register</U>&#8221;) for the recordation of the names and addresses of the Lenders and the
Participation of, and the principal amount (and stated interest) of the Loans owing to, each Lender from time to time, which Register
shall be made available to the Borrower and any Lender upon reasonable request.&nbsp;&nbsp;The entries in the Register shall be conclusive,
in the absence of manifest error, and the Borrower, each other Loan Party, the Administrative Agent and the Lenders shall treat each Person
whose name is recorded in the Register as the owner of the Loans and any Notes evidencing the Loans recorded therein for all purposes
of this Agreement.&nbsp;&nbsp;Any assignment of any Loan or Participation, whether or not evidenced by a Note, shall be effective only
upon appropriate entries with respect thereto being made in the Register (and each Note shall expressly so provide).&nbsp;&nbsp;Any assignment
or transfer of all or part of a Loan or Participation evidenced by a Note shall be registered on the Register only upon surrender for
registration of assignment or transfer of the Note evidencing such Loan or Participation accompanied by a duly executed Assignment and
Acceptance, and thereupon one or more new Notes shall be issued to the designated Assignee.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(e) Upon its receipt
of an Assignment and Acceptance executed by an Assignor, an Assignee and any other Person whose consent is required by <U>Section 8.6(c)</U>,
together with payment to the Administrative Agent of a registration and processing fee of $4,000 (such fee not payable with respect to
assignments to an Assignor&#8217;s Affiliate and such fee not to be payable by the Borrower, except for an assignment pursuant to <U>Section
2.17</U>), the Administrative Agent shall (i) promptly accept such Assignment and Acceptance and (ii) record the information contained
therein in the Register on the effective date determined pursuant thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(f) Any Lender may
at any time pledge or assign a security interest in all or any portion of its rights under this Agreement to secure obligations of such
Lender, including any pledge or assignment to secure obligations to a Federal Reserve Bank; <U>provided</U> that no such pledge or assignment
shall release such Lender from any of its obligations hereunder or substitute any such pledgee or assignee for such Lender as a party
hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(g) The Borrower,
upon receipt of written notice from the relevant Lender, agrees to issue Notes to any Lender requiring Notes to facilitate transactions
of the type described in <U>paragraph (f)</U> above.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(h) Each of the
Borrower, each Lender and the Administrative Agent hereby confirms that it will not institute against a Conduit Lender or join any other
Person in instituting against a Conduit Lender any bankruptcy, reorganization, arrangement, insolvency or liquidation proceeding under
any state bankruptcy or similar law, for one year and one day after the payment in full of the latest maturing commercial paper note issued
by such Conduit Lender; <U>provided</U>, however, that each Lender designating any Conduit Lender hereby agrees to indemnify, save and
hold harmless each other party hereto for any loss, cost, damage or expense arising out of its inability to institute such a proceeding
against such Conduit Lender during such period of forbearance.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">8.7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Adjustments;
Set&#45;off</U>.&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(a) Except to the
extent that this Agreement expressly provides for payments to be allocated to a particular Lender or to the Lenders on a non pro rata
basis, if any Lender (a &#8220;<U>Benefitted Lender</U>&#8221;) shall receive any payment of all or part of the Obligations owing to it,
or receive any collateral in respect thereof (whether voluntarily or involuntarily, by set&#45;off, pursuant to events or proceedings
of the nature referred to in <U>Section 6(g)</U>, or otherwise), in a greater proportion than any such payment to or collateral received
by any other Lender, if any, in respect of the Obligations owing to such other Lender, such Benefitted Lender shall purchase for cash
from the other Lenders a participating interest in such portion of the Obligations owing to each such other Lender, or shall provide such
other Lenders with the benefits of any such collateral, as shall be necessary to cause such Benefitted Lender to share the excess payment
or benefits of such collateral ratably with each of the Lenders; <U>provided</U>, <U>however</U>, that if all or any portion of such excess
payment or benefits is thereafter recovered from such Benefitted Lender, such purchase shall be rescinded, and the purchase price and
benefits returned, to the extent of such recovery, but without interest.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(b) In addition
to any rights and remedies of the Lenders provided by law, each Lender shall have the right, without prior notice to the Guarantor or
the Borrower, any such notice being expressly waived by the Guarantor and the Borrower to the extent permitted by applicable law, upon
any amount becoming due and payable by the Guarantor or the Borrower hereunder (whether at the stated maturity, by acceleration or otherwise),
to set off and appropriate and apply against such amount any and all deposits (general or special, time or demand, provisional or final),
in any currency, and any other credits, indebtedness or claims, in any currency, in each case whether direct or indirect, absolute or
contingent, matured or unmatured, at any time held or owing by such Lender or any branch or agency thereof to or for the credit or the
account of the Guarantor or the Borrower, as the case may be.&nbsp;&nbsp;Each Lender agrees promptly to notify the Borrower and the Administrative
Agent after any such setoff and application made by such Lender, <U>provided</U> that the failure to give such notice shall not affect
the validity of such setoff and application.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">8.8&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Counterparts;
Electronic Signatures</U>.&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(a) This Agreement
may be executed by one or more of the parties to this Agreement on any number of separate counterparts, and all of said counterparts taken
together shall be deemed to constitute one and the same instrument.&nbsp;&nbsp;Delivery of an executed signature page of this Agreement
by facsimile transmission or portable document format shall be effective as delivery of a manually executed counterpart hereof.&nbsp;&nbsp;A
set of the copies of this Agreement signed by all the parties shall be lodged with the Borrower and the Administrative Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(b) The words &#8220;execution,&#8221;
&#8220;signed,&#8221; &#8220;signature,&#8221; &#8220;delivery,&#8221; and words of like import in or relating to this Agreement, any
other Loan Document and/or any ancillary document shall be deemed to include Electronic Signatures, deliveries or the keeping of records
in any electronic form (including deliveries by telecopy, emailed pdf. or any other electronic means that reproduces an image of an actual
executed signature page), each of which shall be of the same legal effect, validity or enforceability as a manually executed signature,
physical delivery thereof or the use of a paper-based recordkeeping system, as the case may be; <U>provided</U> that nothing herein shall
require the Administrative Agent to accept Electronic Signatures in any form or format without its prior written consent and pursuant
to procedures approved by it;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify"><U>provided</U>, <U>further</U>, without
limiting the foregoing, (i) to the extent the Administrative Agent has agreed to accept any Electronic Signature, the Administrative Agent
and each of the Lenders shall be entitled to rely on such Electronic Signature purportedly given by or on behalf of the Borrower or any
other Loan Party without further verification thereof and without any obligation to review the appearance or form of any such Electronic
signature and (ii) upon the request of the Administrative Agent or any Lender, any Electronic Signature shall be promptly followed by
a manually executed counterpart.&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">8.9&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Severability</U>.&nbsp;&nbsp;Any
provision of this Agreement that is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to
the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability
in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">8.10&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Integration</U>.&nbsp;&nbsp;This
Agreement and the other Loan Documents represent the entire agreement of the Guarantor, the Borrower, the Administrative Agent and the
Lenders with respect to the subject matter hereof and thereof, and there are no promises, undertakings, representations or warranties
by the Administrative Agent or any Lender relative to the subject matter hereof not expressly set forth or referred to herein or in the
other Loan Documents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">8.11&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="text-transform: uppercase"><B><U>Governing
Law</U></B></FONT><B>.&nbsp;&nbsp;</B>THIS AGREEMENT, THE OTHER LOAN DOCUMENTS AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES UNDER THIS
AGREEMENT AND THE OTHER LOAN DOCUMENTS SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAW OF THE STATE OF
NEW YORK.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">8.12&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Submission
To Jurisdiction; Waivers</U>.&nbsp;&nbsp;The Borrower hereby irrevocably and unconditionally:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;submits
for itself and its property in any legal action or proceeding relating to this Agreement and the other Loan Documents to which it is a
party, or for recognition and enforcement of any judgment in respect thereof, to the non&#45;exclusive general jurisdiction of the courts
of the State of New York sitting in New York County, the courts of the United States for the Southern District of New&nbsp;York, and appellate
courts from any thereof;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;consents
that any such action or proceeding may be brought in such courts and waives any objection that it may now or hereafter have to the venue
of any such action or proceeding in any such court or that such action or proceeding was brought in an inconvenient court and agrees not
to plead or claim the same;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;agrees
that service of process in any such action or proceeding may be effected by mailing a copy thereof by registered or certified mail (or
any substantially similar form of mail), postage prepaid, to the Borrower, as the case may be at its address set forth in <U>Section 8.2</U>
or at such other address of which the Administrative Agent shall have been notified pursuant thereto;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;agrees
that nothing herein shall affect the right to effect service of process in any other manner permitted by law or shall limit the right
to sue in any other jurisdiction; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;waives,
to the maximum extent not prohibited by law, any right it may have to claim or recover in any legal action or proceeding referred to in
this Section any special, exemplary, punitive or consequential damages.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">8.13&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Acknowledgements</U>.&nbsp;&nbsp;The
Borrower hereby acknowledges and agrees that:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;it
has been advised by counsel in the negotiation, execution and delivery of this Agreement and the other Loan Documents;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;neither
the Administrative Agent nor any Lender has any fiduciary relationship with or duty to the Borrower arising out of or in connection with
this Agreement or any of the other Loan Documents, and the relationship between Administrative Agent and Lenders, on one hand, and the
Borrower, on the other hand, in connection herewith or therewith is solely that of debtor and creditor; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;no
joint venture is created hereby or by the other Loan Documents or otherwise exists by virtue of the transactions contemplated hereby among
the Lenders or among the Borrower and the Lenders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">8.14&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Confidentiality</U>.&nbsp;&nbsp;Each
of the Administrative Agent and each Lender agrees to keep confidential all non-public information provided to it by any Loan Party pursuant
to this Agreement that is designated by such Loan Party as confidential; <U>provided</U> that nothing herein shall prevent the Administrative
Agent or any Lender from disclosing any such information (a) to the Administrative Agent, any other Lender or any Lender Affiliate, (b)
subject to an agreement to comply with the provisions of this Section, to any actual or prospective Transferee or any direct or indirect
counterparty to any Hedge Agreement (or any professional advisor to such counterparty), (c) to its employees, directors, agents, attorneys,
accountants and other professional advisors or those of any of its Affiliates (the &#8220;<U>Permitted Parties</U>&#8221;), (d) upon the
request or demand of any Governmental Authority, (e) in response to any order of any court or other Governmental Authority or as may otherwise
be required pursuant to any Requirement of Law, (f) if requested or required to do so in connection with any litigation or similar proceeding,
(g) that has been publicly disclosed, (h) to the National Association of Insurance Commissioners or any similar organization or any nationally
recognized rating agency that requires access to information about a Lender&#8217;s investment portfolio in connection with ratings issued
or any insurer, insurance broker or direct or indirect provider of credit protection with respect to such Lender or Permitted Parties,
(i) to any credit insurance provider or any credit risk insurance broker relating to the Borrower and its obligations, (j) to any direct,
indirect, actual or prospective counterparty (and its advisor) to any swap, derivative or securitization transaction related to the obligations
under this Agreement, (k) to the CUSIP Service Bureau or any similar organization, (l) in connection with the exercise of any remedy hereunder
or under any other Loan Document or (m) with the prior written consent of the Borrower.&nbsp;&nbsp;In addition, the Administrative Agent
and the Lenders may disclose the existence of this Agreement and information about this Agreement to market data collectors, similar service
providers to the lending industry and service providers to the Agents and the Lenders in connection with the administration of this Agreement,
the other Loan Documents and the Participations; <U>provided</U>, that the Administrative Agent and the Lenders shall have obtained such
service providers&#8217; written agreement to maintain the confidentiality of all non-public information relating to this Agreement and
the other Loan Documents.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Each Lender acknowledges
that information furnished to it pursuant to this Agreement or the other Loan Documents may include material non-public information concerning
the Borrower and its Affiliates and their related parties or their respective securities, and confirms that it has developed compliance
procedures regarding the use of material non-public information and that it will handle such material non-public information in accordance
with those procedures and applicable law, including Federal and state securities laws.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">All information, including
requests for waivers and amendments, furnished by the Borrower or the Administrative Agent pursuant to, or in the course of administering,
this Agreement or the other Loan Documents will be syndicate-level information, which may contain material non-public information about
the Borrower and its Affiliates and their related parties or their respective securities.&nbsp;&nbsp;Accordingly, each Lender represents
to the Borrower and the Administrative Agent that it has identified in its administrative questionnaire a credit contact who may receive
information that may contain material non-public information in accordance with its compliance procedures and applicable law, including
Federal and state securities laws.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">8.15&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B><U>WAIVERS
OF JURY TRIAL</U>.&nbsp;&nbsp;</B>THE BORROWER, THE ADMINISTRATIVE AGENT AND THE LENDERS HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVE
TRIAL BY JURY IN ANY LEGAL ACTION OR PROCEEDING RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT AND FOR ANY COUNTERCLAIM THEREIN.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">8.16&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Bankruptcy Petition Against the Borrower; Liability of the Borrower</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(a) Each of the
Administrative Agent and the Lenders hereby covenants and agrees that, prior to the date which is one year and one day after the payment
in full of all Loans and other amounts payable hereunder and all Pari Passu Indebtedness, it will not institute against, or join with
or assist any other Person in instituting against, the Borrower, any bankruptcy, reorganization, arrangement, insolvency or liquidation
proceedings, or other proceedings under any applicable insolvency laws.&nbsp;&nbsp;This <U>Section 8.16</U> shall survive the termination
of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 58.5pt; text-align: justify; text-indent: 0.5in">(b) Notwithstanding
any other provision hereof or of any other Loan Documents, the sole remedy of the Administrative Agent, any Lender or any other Person
against the Borrower in respect of any obligation, covenant, representation, warranty or agreement of the Borrower under or related to
this Agreement or any other Loan Document shall be against the assets of the Borrower.&nbsp;&nbsp;Neither the Administrative Agent, nor
any Lender nor any other Person shall have any claim against the Borrower to the extent that such assets are insufficient to meet such
obligations, covenant, representation, warranty or agreement (the difference being referred to herein as a &#8220;<U>shortfall</U>&#8221;)
and all claims in respect of the shortfall shall be extinguished; <U>provided</U>, <U>however</U>, that the provisions of this <U>Section
8.16</U> apply solely to the obligations of the Borrower and shall not extinguish such shortfall or otherwise restrict such Person&#8217;s
rights or remedies against the Guarantor for purposes of the obligations of the Guarantor to any Person under the Guaranty Agreement.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">8.17&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Conversion
of Approved Currencies into Dollars</U>.&nbsp;&nbsp;Unless the context otherwise requires, any calculation of an amount or percentage
that is required to be made by the Borrower or the Administrative Agent under the Loan Documents shall be made by first converting any
amounts denominated in Master Trust Approved Currencies other than Dollars into Dollars at the Rate of Exchange pursuant to <U>Section
1.2(e)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">8.18&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>U.S.A.
Patriot Act</U>.&nbsp;&nbsp;Each Lender hereby notifies the Borrower that pursuant to the requirements of the USA Patriot Act (Title III
of Pub. L. 107-56 (signed into law October 26, 2001)) (the &#8220;<U>Patriot Act</U>&#8221;), it is required to obtain, verify and record
information that identifies the Borrower, which information includes the name and address of the Borrower and other information that will
allow such Lender to identify the Borrower in accordance with the Patriot Act.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">8.19&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Acknowledgment
and Consent to Bail-In of Affected Financial Institution</U>.&nbsp;&nbsp;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 Affected 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 the applicable Resolution Authority and agrees and consents to, and acknowledges and agrees
to be bound by:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.75in; text-align: justify; text-indent: 0.5in">(a) the application
of any Write-Down and Conversion Powers by the applicable Resolution Authority to any such liabilities arising hereunder which may be
payable to it by any party hereto that is an Affected Financial Institution; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.75in; text-align: justify; text-indent: 0.5in">(b) the effects
of any Bail-In Action on any such liability, including, if applicable:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(i) a reduction in
full or in part or cancellation of any such liability;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(ii) a conversion of
all, or a portion of, such liability into shares or other instruments of ownership in such Affected 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</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(iii) the variation
of the terms of such liability in connection with the exercise of the Write-Down and Conversion Powers of the applicable Resolution Authority.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">[signature pages follow]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">IN WITNESS WHEREOF, the parties hereto have caused
this Revolving Credit Agreement to be duly executed and delivered by their proper and duly authorized officers as of the day and year
first above written.</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 25%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 21%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 54%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0.25in">BUNGE LIMITED FINANCE CORP.</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">By:&nbsp;&nbsp;<U>/s/ Rajat Gupta</U><BR>
    Printed Name:&nbsp;&nbsp;Rajat Gupta<BR>
    Title:&nbsp;&nbsp;President</P></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">[Signature Page to Revolving Credit Agreement]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>


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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 25%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&nbsp;</P></TD>
    <TD STYLE="width: 21%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 54%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">CO&Ouml;PERATIEVE RABOBANK U.A., NEW YORK BRANCH,</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0.25in">as Administrative Agent and Lender</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">By:&nbsp;&nbsp;<U>/s/ Lionel Autret</U><BR>
    Printed Name:&nbsp;&nbsp;Lionel Autret<BR>
    Title:&nbsp;&nbsp;Managing Director</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">By:&nbsp;&nbsp;<U>/s/ Matthew Sammut</U><BR>
    Printed Name:&nbsp;&nbsp;Matthew Sammut<BR>
    Title:&nbsp;&nbsp;Vice President</P></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">[Signature Page to Revolving Credit Agreement]</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 25%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&nbsp;</P></TD>
    <TD STYLE="width: 21%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 54%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">SUMITOMO MITSUI BANKING CORPORATION,</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0.25in">as Syndication Agent and Lender</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">By:&nbsp;&nbsp;<U>/s/ Jun Ashley</U><BR>
    Printed Name:&nbsp;&nbsp;Jun Ashley<BR>
    Title:&nbsp;&nbsp;Director</P></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">[Signature Page to Revolving Credit Agreement]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"></P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 25%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="width: 21%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 54%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">BNP PARIBAS,</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0.25in">as Co-Documentation Agent and Lender</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">By:&nbsp;&nbsp;<U>/s/ Margarita Boulankova</U><BR>
    Printed Name:&nbsp;&nbsp;Margarita Boulankova<BR>
    Title:&nbsp;&nbsp;Director</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">By:&nbsp;&nbsp;<U>/s/ Delphine Gaudiot</U><BR>
    Printed Name:&nbsp;&nbsp;Delphine Gaudiot<BR>
    Title:&nbsp;&nbsp;Director</P></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">[Signature Page to Revolving Credit Agreement]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 225pt"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 25%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&nbsp;</P></TD>
    <TD STYLE="width: 21%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 54%; padding-right: 5.4pt; padding-left: 5.4pt">
    CITIBANK, N.A.</FONT>,</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0.25in">as Co-Documentation Agent and Lender</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">By:&nbsp;&nbsp;<U>/s/ Carolyn Kee</U><BR>
    Printed Name:&nbsp;&nbsp;Carolyn Kee<BR>
    Title:&nbsp;&nbsp;Vice President</P></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">[Signature Page to Revolving Credit Agreement]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 25%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="width: 21%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 54%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="text-transform: uppercase">Natixis, NEW YORK BRANCH</FONT>,</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0.25in">as Co-Documentation Agent and Lender</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">By:&nbsp;&nbsp;<U>/s/ Paolo Salvi</U><BR>
    Printed Name:&nbsp;&nbsp;Paolo Salvi<BR>
    Title:&nbsp;&nbsp;Executive Director</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">By:&nbsp;&nbsp;<U>/s/ Alisa Trani</U><BR>
    Printed Name:&nbsp;&nbsp;Alisa Trani<BR>
    Title:&nbsp;&nbsp;Executive Director</P></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">[Signature Page to Revolving Credit Agreement]</P>


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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 25%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="width: 21%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 54%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">U.S. BANK NATIONAL ASSOCIATION</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0.25in">as Co-Documentation Agent and Lender</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">By:&nbsp;&nbsp;<U>/s/ Jeffrey D. Hernandez</U><BR>
    Printed Name:&nbsp;&nbsp;Jeffrey D. Hernandez<BR>
    Title:&nbsp;&nbsp;Vice President</P></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">[Signature Page to Revolving Credit Agreement]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&nbsp;</P>


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    <TD STYLE="width: 25%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="width: 21%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 54%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">BANCO BILBAO VIZCAYA ARGENTARIA S.A. NEW YORK BRANCH</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0.25in">as Lender</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">By:&nbsp;&nbsp;<U>/s/ Maria Galvez</U><BR>
    Printed Name:&nbsp;&nbsp;Maria Galvez<BR>
    Title:&nbsp;&nbsp;Global Trade Finance</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">By:&nbsp;&nbsp;<U>/s/ Miriam Trautmann</U><BR>
    Printed Name:&nbsp;&nbsp;Miriam Trautmann<BR>
    Title:&nbsp;&nbsp;Senior Vice President</P></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">[Signature Page to Revolving Credit Agreement]</P>


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    <TD STYLE="width: 21%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 54%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">DZ BANK AG, DEUTSCHE ZENTRAL-GENOSSENSCHAFTSBANK, NEW YORK BRANCH</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0.25in">as Lender</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">By:&nbsp;&nbsp;<U>/s/ Michael Palumberi</U><BR>
    Printed Name:&nbsp;&nbsp;Michael Palumberi<BR>
    Title:&nbsp;&nbsp;Vice President</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">By:&nbsp;&nbsp;<U>/s/ Richard Wilbert</U><BR>
    Printed Name:&nbsp;&nbsp;Richard Wilbert<BR>
    Title:&nbsp;&nbsp;Senior Vice President</P></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">[Signature Page to Revolving Credit Agreement]</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 25%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="width: 21%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 54%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">CREDIT AGRICOLE CORPORATE AND INVESTMENT BANK,</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0.25in">as Lender</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">By:&nbsp;&nbsp;<U>/s/ Thibault Berger</U><BR>
    Printed Name:&nbsp;&nbsp;Thibault Berger<BR>
    Title:&nbsp;&nbsp;Managing Director</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">By:&nbsp;&nbsp;<U>/s/ Sandro Brites</U><BR>
    Printed Name:&nbsp;&nbsp;Sandro Brites<BR>
    Title:&nbsp;&nbsp;Director</P></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">[Signature Page to Revolving Credit Agreement]</P>


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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 25%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="width: 21%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 54%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">THE STANDARD BANK OF SOUTH AFRICA LIMITED, ISLE OF MAN BRANCH,</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0.25in">as Lender</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">By:&nbsp;&nbsp;<U>/s/ Darren Weymouth</U><BR>
    Printed Name:&nbsp;&nbsp;Darren Weymouth<BR>
    Title:&nbsp;&nbsp;Head, Corporate Financing Solutions International</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">[Signature Page to Revolving Credit Agreement]</P>


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    <TD STYLE="width: 25%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="width: 21%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 54%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">SUMITOMO MITSUI TRUST BANK, LIMITED, NEW YORK BRANCH,</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0.25in">as Lender</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">By:&nbsp;&nbsp;<U>/s/ Kenichi Kajihara</U><BR>
    Printed Name:&nbsp;&nbsp;Kenichi Kajihara<BR>
    Title:&nbsp;&nbsp;Senior Director</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">[Signature Page to Revolving Credit Agreement]</P>


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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 25%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="width: 21%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 54%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">BANCO SANTANDER, S.A., NEW YORK BRANCH</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0.25in">as Lender</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">By:&nbsp;&nbsp;<U>/s/ Andres Barbosa</U><BR>
    Printed Name:&nbsp;&nbsp;Andres Barbosa<BR>
    Title:&nbsp;&nbsp;Managing Director</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">By:&nbsp;&nbsp;<U>/s/ Rita Walz-Cuccioli</U><BR>
    Printed Name:&nbsp;&nbsp;Rita Walz-Cuccioli<BR>
    Title:&nbsp;&nbsp;Executive Director</P></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">[Signature Page to Revolving Credit Agreement]</P>


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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
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    <TD STYLE="width: 25%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="width: 21%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 54%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">BMO HARRIS BANK N.A.,</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0.25in">as Lender</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">By:&nbsp;&nbsp;<U>/s/ Joshua Hovermale</U><BR>
    Printed Name:&nbsp;&nbsp;Joshua Hovermale<BR>
    Title:&nbsp;&nbsp;Director</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">[Signature Page to Revolving Credit Agreement]</P>


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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 25%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="width: 21%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 54%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">ING BANK N.V.,</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0.25in">as Lender</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">By:&nbsp;&nbsp;<U>/s/ M.E. Kuijpers</U><BR>
    Printed Name:&nbsp;&nbsp;M.E. Kuijpers<BR>
    Title:&nbsp;&nbsp;Director</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">By:&nbsp;&nbsp;<U>/s/ Mathijs Mol</U><BR>
    Printed Name:&nbsp;&nbsp;Mathijs Mol<BR>
    <BR>
    </P></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">[Signature Page to Revolving Credit Agreement]</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 25%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="width: 21%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 54%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">THE TORONTO-DOMINION BANK, NEW YORK BRANCH,</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0.25in">as Lender</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">By:&nbsp;&nbsp;<U>/s/ Maria Macchiaroli</U><BR>
    Printed Name:&nbsp;&nbsp;Maria Macchiaroli<BR>
    Title:&nbsp;&nbsp;Authorized Signatory</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">[Signature Page to Revolving Credit Agreement]</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 25%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="width: 21%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 54%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">DEUTSCHE BANK TRUST COMPANY AMERICAS,</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0.25in">as Lender</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">By:&nbsp;&nbsp;<U>/s/ Jonathan Lidz</U><BR>
    Printed Name:&nbsp;&nbsp;Jonathan Lidz<BR>
    Title:&nbsp;&nbsp;Director</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">By:&nbsp;&nbsp;<U>/s/ Carlos Luna</U><BR>
    Printed Name:&nbsp;&nbsp;Carlos Luna<BR>
    Title:&nbsp;&nbsp;Vice President</P></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">[Signature Page to Revolving Credit Agreement]</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 25%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="width: 21%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 54%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">BANKINTER SA,</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0.25in">as Lender</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">By:&nbsp;&nbsp;<U>/s/ Sergio Simon</U><BR>
    Printed Name:&nbsp;&nbsp;Sergio Simon<BR>
    Title:&nbsp;&nbsp;Managing Director</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">By:&nbsp;&nbsp;<U>/s/ Antonio Martin</U><BR>
    Printed Name:&nbsp;&nbsp;Antonio Martin<BR>
    Title:&nbsp;&nbsp;Head of Commodities</P></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">[Signature Page to Revolving Credit Agreement]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right">SCHEDULE 1.1</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="text-transform: uppercase"><U>PARTICIPATIONS;
Applicable Lending Offices</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; background-color: #D5DCE4">
    <TD STYLE="width: 31%; border: Black 1pt solid; padding-right: 5.4pt; padding-bottom: 6pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt"><B><U>Lender</U></B></FONT></TD>
    <TD STYLE="width: 37%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt"><B><U>Participation</U></B></FONT></TD>
    <TD STYLE="width: 32%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt"><B><U>Participation Percentage</U></B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">Co&ouml;peratieve Rabobank U.A., New York Branch</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">$90,000,000</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">9%</FONT></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">Sumitomo Mitsui Banking Corporation</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">$80,000,000</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">8%</FONT></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">Citibank, N.A.</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">$50,000,000</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">5%</FONT></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">BNP Paribas</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">$80,000,000</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">8%</FONT></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">Natixis, New York Branch</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">$80,000,000</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">8%</FONT></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">U.S. Bank National Association</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">$80,000,000</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">8%</FONT></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">Banco Bilbao Vizcaya Argentaria, S.A. New York Branch</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">$85,000,000</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">8.5%</FONT></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">DZ Bank AG,<BR>
Deutsche<BR>
Zentral-Genossenschaftsbank,<BR>
New York Branch</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">$80,000,000</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">8%</FONT></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-top: 4.2pt; padding-bottom: 3.35pt; padding-left: 0.95pt; line-height: 9.5pt"><FONT STYLE="font-size: 10pt">Credit Agricole Corporate and Investment Bank</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">$70,000,000</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">7%</FONT></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">The Standard Bank of South Africa Limited, Isle of Man Branch</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">$50,000,000</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">5%</FONT></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">Sumitomo Mitsui Trust Bank, Limited, New York Branch</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">$50,000,000</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">5%</FONT></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">Banco Santander, S.A., New York Branch</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">$40,000,000</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">4%</FONT></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">BMO Harris Bank N.A.</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">$40,000,000</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">4%</FONT></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">ING Bank N.V.</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">$40,000,000</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">4%</FONT></TD></TR>
  <TR>
   <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">The Toronto-Dominion Bank, New York Branch</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">$40,000,000</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">4%</FONT></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">Deutsche Bank Trust Company Americas</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">$30,000,000</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">3%</FONT></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">Bankinter S.A.</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">$15,000,000</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">1.5%</FONT></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt"><B>TOTAL</B></FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">$1,000,000,000</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">100.00%</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right">SCHEDULE 3.3</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><U>CONSENTS, AUTHORIZATIONS, FILINGS AND NOTICES</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">None.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right">EXHIBIT A</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">FORM OF GUARANTY AGREEMENT</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right">EXHIBIT B-1</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">FORM OF BORROWER RESPONSIBLE OFFICER&#8217;S CERTIFICATE</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right">EXHIBIT B-2</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">FORM OF BORROWER SECRETARY CERTIFICATE</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right">EXHIBIT B-3</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">FORM OF GUARANTOR RESPONSIBLE OFFICER&#8217;S CERTIFICATE</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&#9;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&#9;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right">EXHIBIT B-4</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">FORM OF GUARANTOR SECRETARY CERTIFICATE</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right">EXHIBIT C</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">FORM OF ASSIGNMENT AND ACCEPTANCE</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Reference is made to the
Revolving Credit Agreement, dated as of July 16, 2021 (as amended, supplemented or otherwise modified prior to the Effective Date (as
defined below), the &#8220;<U>Agreement</U>&#8221;), among BUNGE LIMITED FINANCE CORP. (the &#8220;<U>Borrower</U>&#8221;), the Lenders
named therein, and <FONT STYLE="text-transform: uppercase">Co&ouml;peratieve Rabobank U.A., New York Branch</FONT>, as Administrative
Agent (the &#8220;<U>Agent</U>&#8221;).&nbsp;&nbsp;Terms defined in the Agreement are used herein with the same meanings.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">_______________ (the &#8220;<U>Assignor</U>&#8221;)
and ________________ (the &#8220;<U>Assignee</U>&#8221;) agree as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Assignor hereby irrevocably sells and assigns to the Assignee without recourse to the Assignor, and the Assignee hereby irrevocably purchases
and assumes from the Assignor without recourse to the Assignor, as of the Effective Date, a _____% interest (the &#8220;<U>Assigned Interest</U>&#8221;)
in and to the Assignor&#8217;s rights and obligations under the Agreement with respect to those credit facilities contained in the Agreement
as are set forth on Schedule 1 hereto (individually, an &#8220;<U>Assigned Facility</U>&#8221;; collectively, the &#8220;<U>Assigned Facilities</U>&#8221;),
in a principal amount for each Assigned Facility as set forth on Schedule 1 (the aggregate principal amount of which is not less than
$5,000,000, except in the case of an assignment of all the Assignee&#8217;s interests under the Agreement).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Assignor (i) makes no representation or warranty and assumes no responsibility with respect to any statements, warranties or representations
made in or in connection with the Agreement or the execution, legality, validity, enforceability, genuineness, sufficiency or value of
the Agreement or any other instrument or document furnished pursuant thereto, other than that it has not created any adverse claim upon
the interest being assigned by it hereunder and that such interest is free and clear of any such adverse claim; (ii) makes no representation
or warranty and assumes no responsibility with respect to the financial condition of the Borrower, the Guarantor, any of its Subsidiaries
or any other obligor or the performance or observance by the Borrower, the Guarantor, any of its Subsidiaries or any other obligor of
any of their respective obligations under the Agreement or any other instrument or document furnished pursuant hereto or thereto; and
(iii) attaches the promissory note(s) (if any) held by it evidencing the Assigned Facilities and (a) requests that the Agent (upon request
by the Assignee) exchange such promissory note(s) for a new promissory note or promissory notes payable to the Assignee and (b) if the
Assignor has retained any interest in the Assigned Facilities, requests that the Agent exchange the attached promissory note(s) for a
new promissory note or promissory notes payable to the Assignor, in each case, in the amount which reflects the assignment being made
hereby (and after giving effect to any other assignments which have become effective on the Effective Date).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Assignee (i) represents and warrants that it is legally authorized to enter into this Assignment and Acceptance; (ii) confirms that it
has received a copy of the Agreement, together with copies of the financial statements delivered pursuant to subsections 5.1(g) and 5.1(h)
thereof and subsection 8.1(a) of the Guaranty, dated July 16, 2021, by Bunge Limited in favor of the Agent and such other documents and
information as it has deemed appropriate to make its own credit analysis and decision to enter into this Assignment and Acceptance;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">(iii) agrees that it will, independently and
without reliance upon the Assignor, the Agent or any other Lender and based on such documents and information as it shall deem appropriate
at the time, continue to make its own credit decisions in taking or not taking action under the Agreement or any other instrument or document
furnished pursuant hereto or thereto; (iv) appoints and authorizes the Agent to take such action as agent on its behalf and to exercise
such powers and discretion under the Agreement or any other instrument or document furnished pursuant hereto or thereto as are delegated
to the Agent by the terms thereof, together with such powers as are incidental thereto; and (v) agrees that it will be bound by the provisions
of the Agreement and will perform in accordance with its terms all the obligations which by the terms of the Agreement are required to
be performed by it as a Lender including its obligation pursuant to subsection 2.13(e) or (f) of the Agreement to deliver the forms prescribed
by the Internal Revenue Service of the United States certifying as to the Assignee&#8217;s exemption from United States withholding taxes
with respect to all payments to be made to the Assignee under the Agreement, or such other documents as are necessary to indicate that
all such payments are subject to such tax at a rate reduced by an applicable tax treaty.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
effective date of this Assignment and Acceptance shall be _________, 20__ (the &#8220;<U>Effective Date</U>&#8221;).&nbsp;&nbsp;Following
the execution of this Assignment and Acceptance, it will be delivered to the Agent for acceptance by it and recording by the Agent pursuant
to subsection 8.6(c) of the Agreement, effective as of the Effective Date (which shall not, unless otherwise agreed to by the Agent, be
earlier than five (5) Business Days after the date of such acceptance and recording by the Agent).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Upon
such acceptance and recording, from and after the Effective Date, the Agent shall make all payments in respect of the Assigned Interest
(including payments of principal, interest, fees and other amounts) to the Assignee whether such amounts have accrued prior to the Effective
Date or accrue on or subsequent to the Effective Date.&nbsp;&nbsp;The Assignor and the Assignee shall make all appropriate adjustments
in payments by the Agent for periods prior to the Effective Date or with respect to the making of this assignment directly between themselves.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">6.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;From
and after the Effective Date, (i) the Assignee shall be a party to the Agreement and, to the extent provided in this Assignment and Acceptance,
have the rights and obligations of a Lender thereunder and shall be bound by the provisions thereof and (ii) the Assignor shall, to the
extent provided in this Assignment and Acceptance, relinquish its rights and be released from its obligations under the Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">7.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This
Assignment and Acceptance shall be governed by and construed in accordance with the laws of the State of New York.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">IN WITNESS WHEREOF, the parties
hereto have caused this Assignment and Acceptance to be executed as of ________, 20__ by their respective duly authorized officers on
Schedule 1 hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">Schedule 1<BR>
to Assignment and Acceptance<BR>
relating to the Revolving Credit Agreement, dated as of July 16, 2021, among BUNGE LIMITED FINANCE CORP., the Lenders named therein, and
<FONT STYLE="text-transform: uppercase">Co&ouml;peratieve Rabobank U.A., New York Branch</FONT>, as administrative agent (in such capacity,
the &#8220;Agent&#8221;).</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="border-top: black 2.25pt solid; border-bottom: black 2.25pt solid; padding: 5.05pt 6pt; line-height: 94%"><FONT STYLE="line-height: 94%">Name of Assignor:<BR>
<BR>
Name of Assignee:<BR>
<BR>
Effective Date of Assignment:</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 30%; border-bottom: black 2.25pt solid; padding: 5.05pt 6pt">
<!-- Field: Rule-Page --><DIV STYLE="margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: black 0.25pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --></TD>
    <TD STYLE="width: 30%; border-bottom: black 2.25pt solid; padding: 5.05pt 6pt">
<DIV STYLE="padding: 0in; border-bottom: black 0.25pt solid">

    <P STYLE="font: 10pt/94% Times New Roman, Times, Serif; margin: 0; text-align: center">Principal<BR>
    Amount of Participation Assigned</P>
    <P STYLE="font: 10pt/94% Times New Roman, Times, Serif; margin: 0; text-align: center">_______________</P>
</DIV></TD>
    <TD STYLE="width: 40%; border-bottom: black 2.25pt solid; padding: 5.05pt 6pt">
<DIV STYLE="padding: 0in; border-bottom: black 0.25pt solid">

    <P STYLE="font: 10pt/94% Times New Roman, Times, Serif; margin: 0; text-align: center">Participation Percentage Assigned<BR>
    (to at least fifteen decimals) (shown as a percentage of aggregate principal amount of all Lenders)</P>
    <P STYLE="font: 10pt/94% Times New Roman, Times, Serif; margin: 0; text-align: center">____________________</P>
</DIV></TD></TR>
  </TABLE>
<P STYLE="font: 10pt/94% Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%; padding: 5.05pt 5.75pt">
        <P STYLE="font: 12pt/94% Times New Roman, Times, Serif; margin: 0"><U>Accepted</U>:</P>
        <P STYLE="font: 12pt/94% Times New Roman, Times, Serif; margin: 0"><BR>
        [ASSIGNOR]<BR>
        <BR>
        <BR>
        </P>
        <P STYLE="font: 12pt/94% Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: -0.25in">By:__________________________________</P>
        <P STYLE="font: 12pt/94% Times New Roman, Times, Serif; margin: 3pt 0 0 0.25in">Name:<BR>
        Title:</P>
        <P STYLE="font: 12pt/94% Times New Roman, Times, Serif; margin: 0">&nbsp;</P></TD>
    <TD STYLE="width: 50%; padding: 5.05pt 5.75pt">
        <P STYLE="font: 12pt/94% Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
        <P STYLE="font: 12pt/94% Times New Roman, Times, Serif; margin: 0"><BR>
        [ASSIGNEE]<BR>
        <BR>
        <BR>
        </P>
        <P STYLE="font: 12pt/94% Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: -0.25in">By:__________________________________</P>
        <P STYLE="font: 12pt/94% Times New Roman, Times, Serif; margin: 3pt 0 0 0.25in">Name:<BR>
        Title:</P>
        <P STYLE="font: 12pt/94% Times New Roman, Times, Serif; margin: 0">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 12pt Times New Roman, Times, Serif; padding: 5.05pt 5.75pt"><U>Consented To</U>:<U>1</U></TD>
    <TD STYLE="font: 12pt/94% Times New Roman, Times, Serif; padding: 5.05pt 5.75pt"><FONT STYLE="line-height: 94%">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding: 5.05pt 5.75pt">
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">CO&Ouml;PERATIEVE RABOBANK U.A., NEW YORK BRANCH<BR>
        as Agent<BR>
        <BR>
        <BR>
        </P>
        <P STYLE="font: 12pt/94% Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: -0.25in">By:__________________________________</P>
        <P STYLE="font: 12pt/94% Times New Roman, Times, Serif; margin: 3pt 0 0 0.25in">Name:<BR>
        Title:</P></TD>
    <TD STYLE="padding: 5.05pt 5.75pt">
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">BUNGE LIMITED FINANCE CORP.<BR>
        <BR>
        <BR>
        </P>
        <P STYLE="font: 12pt/94% Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: -0.25in">By:__________________________________</P>
        <P STYLE="font: 12pt/94% Times New Roman, Times, Serif; margin: 3pt 0 0 0.25in">Name:<BR>
        Title:</P></TD></TR>
</TABLE>

<P STYLE="font: 10pt/94% Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/94% Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/94% Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">______________________</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><U>1</U></TD><TD><FONT STYLE="font-size: 10pt">Consent of the Administrative Agent and the Borrower is required only with respect to assignments to
a Person not then a Lender or a Lender Affiliate and any assignment of the Participation to a Person that does not have a Participation
(except that the consent of the Borrower shall not be required for any assignment that occurs when an Event of Default shall have occurred
and be continuing).</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right">EXHIBIT D-1</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">FORM OF LEGAL OPINION OF REED SMITH LLP</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right">EXHIBIT D-2</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">FORM OF LEGAL OPINION OF CONYERS, DILL &amp; PEARMAN
LIMITED</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right">EXHIBIT E-1</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">FORM OF U.S. TAX COMPLIANCE EXEMPTION CERTIFICATE<BR>
(For Non-U.S. Lenders That Are Not Partnerships For U.S. Federal Income Tax Purposes)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">Reference is made to the Revolving
Credit Agreement, dated as of July 16, 2021 (as amended, supplemented or otherwise modified from time to time, the &#8220;<U>Revolving
Credit Agreement</U>&#8221;) among BUNGE LIMITED FINANCE CORP., a Delaware corporation (the &#8220;<U>Borrower</U>&#8221;), the several
banks and other financial institutions from time to time parties thereto (the &#8220;<U>Lenders</U>&#8221;), and <FONT STYLE="text-transform: uppercase">Co&ouml;peratieve
Rabobank U.A., New York Branch</FONT>, as administrative agent for the Lenders hereunder (in such capacity, the &#8220;<U>Administrative
Agent</U>&#8221;).&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">Pursuant to the provisions in subsection
2.13(f) of the Revolving Credit Agreement, the undersigned hereby certifies that (i) it is the sole record and beneficial owner of the
Loan(s) (as well as any Note(s) evidencing such Loan(s)) in respect of which it is providing this certificate, (ii) it is not a bank within
the meaning of Section 881(c)(3)(A) of the Code, (iii) it is not a ten percent shareholder of the Borrower within the meaning of Section
871(h)(3)(B) of the Code and (iv) it is not a controlled foreign corporation related to the Borrower as described in Section 881(c)(3)(C)
of the Code.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">The undersigned has furnished the
Administrative Agent and the Borrower with a certificate of its non-U.S. Person status on IRS Form W-8BEN or W-8BEN-E.&nbsp;&nbsp;By executing
this certificate, the undersigned agrees that (1) if the information provided on this certificate changes, the undersigned shall promptly
so inform the Borrower and the Administrative Agent, and (2) the undersigned shall have at all times furnished the Borrower and the Administrative
Agent with a properly completed and currently effective certificate in either the calendar year in which each payment is to be made to
the undersigned, or in either of the two calendar years preceding such payments.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Unless otherwise defined
herein, terms defined in the Revolving Credit Agreement and used herein shall have the meanings given to them in the Revolving Credit
Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">IN WITNESS WHEREOF, the undersigned has duly executed
this certificate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3.5in">[NAME OF NON-U.S. LENDER]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3.5in">By:&nbsp;&nbsp;________________________</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 292.5pt">Name:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 292.5pt">Title:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Date: ___________________________________</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right">EXHIBIT E-2</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">FORM OF U.S. TAX COMPLIANCE EXEMPTION CERTIFICATE</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">(For Foreign Participants That Are Not Partnerships
For U.S. Federal Income Tax Purposes)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">Reference is made to the Revolving
Credit Agreement, dated as of July 16, 2021 (as amended, supplemented or otherwise modified from time to time, the &#8220;<U>Revolving
Credit Agreement</U>&#8221;) among BUNGE LIMITED FINANCE CORP., a Delaware corporation (the &#8220;<U>Borrower</U>&#8221;), the several
banks and other financial institutions from time to time parties thereto (the &#8220;<U>Lenders</U>&#8221;), and <FONT STYLE="text-transform: uppercase">Co&ouml;peratieve
Rabobank U.A., New York Branch</FONT>, as administrative agent for the Lenders hereunder (in such capacity, the &#8220;<U>Administrative
Agent</U>&#8221;).&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">Pursuant to the provisions in subsection
2.13(f) of the Revolving Credit Agreement, the undersigned hereby certifies that (i) it is the sole record and beneficial owner of the
participation in respect of which it is providing this certificate, (ii) it is not a bank within the meaning of Section 881(c)(3)(A) of
the Code, (iii) it is not a ten percent shareholder of the Borrower within the meaning of Section 871(h)(3)(B) of the Code, and (iv) it
is not a controlled foreign corporation related to the Borrower as described in Section 881(c)(3)(C) of the Code.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">The undersigned has furnished its
participating Lender with a certificate of its non-U.S. Person status on IRS Form W-8BEN or W-8BEN-E.&nbsp;&nbsp;By executing this certificate,
the undersigned agrees that (1) if the information provided on this certificate changes, the undersigned shall promptly so inform such
Lender in writing, and (2) the undersigned shall have at all times furnished such Lender with a properly completed and currently effective
certificate in either the calendar year in which each payment is to be made to the undersigned, or in either of the two calendar years
preceding such payments.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">Unless otherwise defined herein,
terms defined in the Revolving Credit Agreement and used herein shall have the meanings given to them in the Revolving Credit Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">IN WITNESS WHEREOF, the undersigned has duly executed
this certificate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 4in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 4in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 4in">[NAME OF PARTICIPANT]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 4in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 4in">By:&nbsp;&nbsp;________________________</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 328.5pt">Name:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 328.5pt">Title:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 4in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Date: __________________________________</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right">EXHIBIT E-3</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">FORM OF U.S. TAX COMPLIANCE EXEMPTION CERTIFICATE<BR>
(For Foreign Participants That Are Partnerships For U.S. Federal Income Tax Purposes)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">Reference is made to the Revolving
Credit Agreement, dated as of July 16, 2021 (as amended, supplemented or otherwise modified from time to time, the &#8220;<U>Revolving
Credit Agreement</U>&#8221;) among BUNGE LIMITED FINANCE CORP., a Delaware corporation (the &#8220;<U>Borrower</U>&#8221;), the several
banks and other financial institutions from time to time parties thereto (the &#8220;<U>Lenders</U>&#8221;), and <FONT STYLE="text-transform: uppercase">Co&ouml;peratieve
Rabobank U.A., New York Branch</FONT>, as administrative agent for the Lenders hereunder (in such capacity, the &#8220;<U>Administrative
Agent</U>&#8221;).&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">Pursuant to the provisions in subsection
2.13(f) of the Revolving Credit Agreement, the undersigned hereby certifies that (i) it is the sole record owner of the participation
in respect of which it is providing this certificate, (ii) its direct or indirect partners/members are the sole beneficial owners of such
participation, (iii) with respect to such participation, neither the undersigned nor any of its direct or indirect partners/members is
a bank extending credit pursuant to a loan agreement entered into in the ordinary course of its trade or business within the meaning of
Section 881(c)(3)(A) of the Code, (iv) none of its direct or indirect partners/members is a ten percent shareholder of the Borrower within
the meaning of Section 871(h)(3)(B) of the Code and (v) none of its direct or indirect partners/members is a controlled foreign corporation
related to the Borrower as described in Section 881(c)(3)(C) of the Code.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">The undersigned has furnished its
participating Lender with IRS Form W-8IMY accompanied by one of the following forms from each of its partners/members that is claiming
the portfolio interest exemption: (i) an IRS Form W-8BEN or W-8BEN-E or (ii) an IRS Form W-8IMY accompanied by an IRS Form W-8BEN or W-8BEN-E
from each of such partner&#8217;s/member&#8217;s beneficial owners that is claiming the portfolio interest exemption.&nbsp;&nbsp;By executing
this certificate, the undersigned agrees that (1) if the information provided on this certificate changes, the undersigned shall promptly
so inform such Lender and (2) the undersigned shall have at all times furnished such Lender with a properly completed and currently effective
certificate in either the calendar year in which each payment is to be made to the undersigned, or in either of the two calendar years
preceding such payments.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Unless otherwise defined
herein, terms defined in the Revolving Credit Agreement and used herein shall have the meanings given to them in the Revolving Credit
Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">IN WITNESS WHEREOF, the undersigned has duly executed
this certificate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 4in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 4in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 4in">[NAME OF PARTICIPANT]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 4in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 4in">By:&nbsp;&nbsp;________________________</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 328.5pt">Name:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 328.5pt">Title:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 4in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Date: ___________________________________</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right">EXHIBIT E-4</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">FORM OF U.S. TAX COMPLIANCE EXEMPTION CERTIFICATE<BR>
(For Non-U.S. Lenders That Are Partnerships For U.S. Federal Income Tax Purposes)<BR>
<BR>
</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">Reference is made to the Revolving
Credit Agreement, dated as of July 16, 2021 (as amended, supplemented or otherwise modified from time to time, the &#8220;<U>Revolving
Credit Agreement</U>&#8221;) among BUNGE LIMITED FINANCE CORP., a Delaware corporation (the &#8220;<U>Borrower</U>&#8221;), the several
banks and other financial institutions from time to time parties thereto (the &#8220;<U>Lenders</U>&#8221;), and <FONT STYLE="text-transform: uppercase">Co&ouml;peratieve
Rabobank U.A., New York Branch</FONT>, as administrative agent for the Lenders hereunder (in such capacity, the &#8220;<U>Administrative
Agent</U>&#8221;).&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">Pursuant to the provisions in subsection
2.13(f) of the Revolving Credit Agreement, the undersigned hereby certifies that (i) it is the sole record owner of the Loan(s) (as well
as any Note(s) evidencing such Loan(s)) in respect of which it is providing this certificate, (ii) its direct or indirect partners/members
are the sole beneficial owners of such Loan(s) (as well as any Note(s) evidencing such Loan(s)), (iii) with respect to the extension of
credit pursuant to this Revolving Credit Agreement or any other Loan Document, neither the undersigned nor any of its direct or indirect
partners/members is a bank extending credit pursuant to a loan agreement entered into in the ordinary course of its trade or business
within the meaning of Section 881(c)(3)(A) of the Code, (iv) none of its direct or indirect partners/members is a ten percent shareholder
of the Borrower within the meaning of Section 871(h)(3)(B) of the Code and (v) none of its direct or indirect partners/members is a controlled
foreign corporation related to the Borrower as described in Section 881(c)(3)(C) of the Code.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">The undersigned has furnished the
Administrative Agent and the Borrower with IRS Form W-8IMY accompanied by one of the following forms from each of its partners/members
that is claiming the portfolio interest exemption: (i) an IRS Form W-8BEN or W-8BEN-E or (ii) an IRS Form W-8IMY accompanied by an IRS
Form W-8BEN or W-8BEN-E from each of such partner&#8217;s/member&#8217;s beneficial owners that is claiming the portfolio interest exemption.&nbsp;&nbsp;By
executing this certificate, the undersigned agrees that (1) if the information provided on this certificate changes, the undersigned shall
promptly so inform the Borrower and the Administrative Agent, and (2) the undersigned shall have at all times furnished the Borrower and
the Administrative Agent with a properly completed and currently effective certificate in either the calendar year in which each payment
is to be made to the undersigned, or in either of the two calendar years preceding such payments.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Unless otherwise defined
herein, terms defined in the Revolving Credit Agreement and used herein shall have the meanings given to them in the Revolving Credit
Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">IN WITNESS WHEREOF, the undersigned has duly executed
this certificate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 4in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 4in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 4in">[NAME OF NON-U.S. LENDER]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 4in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 4in">By:&nbsp;&nbsp;________________________</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 328.5pt">Name:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 328.5pt">Title:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 4in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Date: ___________________________________</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 24pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 24pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 24pt">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 24pt; text-align: right">EXHIBIT F</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0.25in; text-align: center">FORM OF<BR>
PARTICIPATION INCREASE SUPPLEMENT</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">INCREASE SUPPLEMENT, dated
_________________ (this &#8220;<U>Supplement</U>&#8221;), to the Revolving Credit Agreement, dated as of July 16, 2021 (as amended, supplemented
or otherwise modified from time to time, the &#8220;<U>Agreement</U>&#8221;), among Bunge Limited Finance Corp. (the &#8220;<U>Borrower</U>&#8221;),
the lenders parties thereto (the &#8220;<U>Lenders</U>&#8221;), Co&ouml;peratieve Rabobank U.A., New York Branch, as administrative agent
(in such capacity, the &#8220;<U>Administrative Agent</U>&#8221;), for the Lenders, Sumitomo Mitsui Banking Corporation, as Syndication
Agent, and BNP Paribas, Citibank, N.A., Natixis, New York Branch, Sumitomo Mitsui Banking Corporation and U.S. Bank National Association,
each as documentation agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">W I T N E S S E T H :</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">WHEREAS, pursuant to <U>Section
2.1(b)(i)</U> of the Agreement, the Borrower has the right, subject to the terms and conditions thereof, to effectuate from time to time
an increase in the Total Participations under the Agreement by requesting one or more Lenders to increase the amount of its Participation;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">WHEREAS, the Borrower has
given notice to the Administrative Agent of its intention to increase the Total Participations pursuant to such <U>Section 2.1(b)(i)</U>;
and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">WHEREAS, pursuant to <U>Section
2.1(b)(ii)</U> of the Agreement, the undersigned Increasing Lender now desires to increase the amount of its Participation under the Agreement
by executing and delivering to the Borrower and the Administrative Agent a supplement to the Agreement in substantially the form of this
Supplement;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">NOW THEREFORE, each of the
parties hereto hereby agrees as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
undersigned Increasing Lender agrees, subject to the terms and conditions of the Agreement, that on the date this Supplement is accepted
by the Borrower and acknowledged by the Administrative Agent it shall have its Participation increased by $____, thereby making the amount
of its Participation $______________.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Borrower hereby represents and warrants that each of the representations and warranties made by the Borrower in or pursuant to the Loan
Documents shall be true and correct in all material respects on and as of such date as if made on and as of such date (unless any representations
and warranties expressly relate to an earlier date, in which case they shall have been true and correct in all material respects as of
such earlier date); <U>provided</U> that, the representations and warranties made in Sections 3.1, 3.2, 3.4, 3.5, 3.6, 3.9, 3.13, 3.14
and 3.15 shall be true and correct in all respects on and as of such date as if made on and as of such date.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Guarantor hereby represents and warrants that each of the representations and warranties made by the Guarantor and each of its Subsidiaries
in or pursuant to the Loan Documents shall be true and correct in all material respects on and as of such date as if made on and as of
such date (unless any representations and warranties expressly relate to an earlier date, in which case they shall have been true and
correct in all material respects as of such earlier date); <U>provided</U> that the representations and warranties that are already qualified
by materiality or Material Adverse Effect shall be true and correct in all respects on and as of such date as if made on and as of such
date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Terms
defined in the Agreement shall have their defined meanings when used herein.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This
Supplement shall be governed by, and construed in accordance with, the laws of the State of New York.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">6.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This
Supplement may be executed in any number of counterparts and by different parties hereto in separate counterparts, each of which when
so executed shall be deemed to be an original and all of which taken together shall constitute one and the same document.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">IN WITNESS WHEREOF, each
of the undersigned has caused this Supplement to be executed and delivered by a duly authorized officer on the date first above written.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 2.5in">[INSERT NAME OF INCREASING LENDER],</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 2.5in">as Increasing Lender</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 2.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 2.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 2.5in"></TD><TD STYLE="width: 0.25in">By:</TD><TD>_____________________________________________<BR>
Name:<BR>
Title:</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">Agreed and accepted this ____ day of<BR>
____________, ____.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">BUNGE LIMITED FINANCE CORP., as Borrower</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.25in; text-indent: -0.25in">By:____________________________<BR>
Name:<BR>
Title:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.25in; text-indent: -0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">BUNGE LIMITED, as Guarantor</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.25in; text-indent: -0.25in">By:____________________________<BR>
Name:<BR>
Title:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">Acknowledged this ____ day of<BR>
____________, ____.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt"><FONT STYLE="text-transform: uppercase">Co&ouml;peratieve Rabobank
U.A., New York Branch</FONT>,<BR>
as Administrative Agent</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.25in; text-indent: -0.25in">By:____________________________<BR>
Name:<BR>
Title:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: right">EXHIBIT G</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">FORM OF<BR>
ADDITIONAL LENDER SUPPLEMENT</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">ADDITIONAL LENDER SUPPLEMENT,
dated _________________ (this &#8220;<U>Supplement</U>&#8221;), to the Revolving Credit Agreement, dated as of July 16, 2021 (as amended,
supplemented or otherwise modified from time to time, the &#8220;<U>Agreement</U>&#8221;), among Bunge Limited Finance Corp. (the &#8220;<U>Borrower</U>&#8221;),
the lenders parties thereto (the &#8220;<U>Lenders</U>&#8221;), Co&ouml;peratieve Rabobank U.A., New York Branch, as administrative agent
(in such capacity, the &#8220;<U>Administrative Agent</U>&#8221;) for the Lenders, Sumitomo Mitsui Banking Corporation, as Syndication
Agent, and BNP Paribas, Citibank, N.A., Natixis, New York Branch, Sumitomo Mitsui Banking Corporation and U.S. Bank National Association,
each as documentation agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">W I T N E S S E T H :</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">WHEREAS, the Agreement provides
in <U>Section 2.1(b)(ii)</U> thereof that any financial institution, although not originally a party thereto, may become a party to the
Agreement following consultation by the Borrower with the Administrative Agent, by executing and delivering to the Borrower and the Administrative
Agent a supplement to the Agreement in substantially the form of this Supplement; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">WHEREAS, the undersigned
Additional Lender was not an original party to the Agreement but now desires to become a party thereto as a Lender;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">NOW, THEREFORE, each of the
parties hereto hereby agrees as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
undersigned Additional Lender agrees to be bound by the provisions of the Agreement and agrees that it shall, on the date this Supplement
is accepted by the Borrower and acknowledged by the Administrative Agent, become a Lender for all purposes of the Agreement to the same
extent as if originally a party thereto, with a Participation of $______________.&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
undersigned Additional Lender (a) represents and warrants that it is legally authorized to enter into this Supplement; (b) confirms that
it has received a copy of the Agreement, together with copies of the most recent financial statements delivered pursuant to Sections 5.1(f)
and (g) thereof, as applicable, and has reviewed such other documents and information as it has deemed appropriate to make its own credit
analysis and decision to enter into this Supplement; (c) agrees that it will, independently and without reliance upon the Administrative
Agent or any other Lender and based on such documents and information as it shall deem appropriate at the time, continue to make its own
credit decisions in taking or not taking action under the Agreement or any other instrument or document furnished pursuant hereto or thereto;
(d) appoints and authorizes the Administrative Agent to take such action as agent on its behalf and to exercise such powers and discretion
under the Agreement or any other instrument or document furnished pursuant hereto or thereto as are delegated to the Administrative Agent
by the terms thereof, together with such powers as are incidental thereto; and (e) agrees that it will be bound by the provisions of the
Agreement and will perform all the obligations which by the terms of the Agreement are required to be performed by it as a Lender.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
undersigned&#8217;s address for notices for the purposes of the Agreement is as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in">[Address]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in">Attention:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in">Tel. No.: ___________</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in">Telecopy: __________</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Borrower hereby represents and warrants that each of the representations and warranties made by the Borrower in or pursuant to the Loan
Documents shall be true and correct in all material respects on and as of such date as if made on and as of such date (unless any representations
and warranties expressly relate to an earlier date, in which case they shall have been true and correct in all material respects as of
such earlier date); <U>provided</U> that, the representations and warranties made in Sections 3.1, 3.2, 3.4, 3.5, 3.6, 3.9, 3.13, 3.14
and 3.15 shall be true and correct in all respects on and as of such date as if made on and as of such date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Guarantor hereby represents and warrants that each of the representations and warranties made by the Guarantor and each of its Subsidiaries
in or pursuant to the Loan Documents shall be true and correct in all material respects on and as of such date as if made on and as of
such date (unless any representations and warranties expressly relate to an earlier date, in which case they shall have been true and
correct in all material respects as of such earlier date); <U>provided</U> that the representations and warranties that are already qualified
by materiality or Material Adverse Effect shall be true and correct in all respects on and as of such date as if made on and as of such
date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">6.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Terms
defined in the Agreement shall have their defined meanings when used herein.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">7.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This
Supplement shall be governed by, and construed in accordance with, the laws of the State of New York.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">8.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This
Supplement may be executed in any number of counterparts and by different parties hereto in separate counterparts, each of which when
so executed shall be deemed to be an original and all of which taken together shall constitute one and the same document.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">IN WITNESS WHEREOF, each
of the undersigned has caused this Supplement to be executed and delivered by a duly authorized officer on the date first above written.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 2.5in">[INSERT NAME OF ADDITIONAL LENDER],</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 2.5in">as Additional Lender</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 2.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 2.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 2.5in"></TD><TD STYLE="width: 0.25in">By:</TD><TD>_______________________________________________<BR>
Name:<BR>
Title:</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">Agreed and accepted this ____ day of<BR>
____________, ____.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">BUNGE LIMITED FINANCE CORP., as Borrower</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.25in; text-indent: -0.25in">By:____________________________<BR>
Name:<BR>
Title:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.25in; text-indent: -0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">BUNGE LIMITED, as Guarantor</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.25in; text-indent: -0.25in">By:____________________________<BR>
Name:<BR>
Title:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">Acknowledged this ____ day of<BR>
____________, ____.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt"><FONT STYLE="text-transform: uppercase">Co&ouml;peratieve Rabobank
U.A., New York Branch</FONT>,<BR>
as Administrative Agent</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.25in; text-indent: -0.25in">By:____________________________<BR>
Name:<BR>
Title:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.25in; text-indent: -0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.25in; text-indent: -0.25in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: right">EXHIBIT H</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">FORM OF<BR>
DECLINING LENDER NOTICE</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Co&ouml;peratieve Rabobank U.A., New York Branch,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">as Administrative Agent</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">[Address]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">Re: Declining Lender Notice</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">Ladies and Gentlemen:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 24pt; text-align: justify; text-indent: 0.5in">Reference is made to the
Revolving Credit Agreement, dated as of July 16, 2021 (as amended, supplemented or otherwise modified from time to time, the &#8220;<U>Agreement</U>&#8221;),
among Bunge Limited Finance Corp. (the &#8220;<U>Borrower</U>&#8221;), the lenders parties thereto (the &#8220;<U>Lenders</U>&#8221;),
Co&ouml;peratieve Rabobank U.A., New York Branch, as administrative agent (in such capacity, the &#8220;<U>Administrative Agent</U>&#8221;)
for the Lenders, Sumitomo Mitsui Banking Corporation, as Syndication Agent, and BNP Paribas, Citibank, N.A., Natixis, New York Branch,
Sumitomo Mitsui Banking Corporation and U.S. Bank National Association, each as documentation agent.&nbsp;&nbsp;Terms defined in the Agreement
are used herein with the same meanings.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 24pt; text-align: justify; text-indent: 0.5in">Pursuant to Section 2.19
of the Agreement, [<I>Insert Name of Lender</I>] hereby notifies you that for reasons other than the occurrence of an Event of Default,
it has elected not to (i) fund any additional Loans requested in any Borrowing Notice, (ii) convert Eurocurrency Loans to ABR Loans or
ABR Loans to Eurocurrency Loans pursuant to Section 2.6(a) of the Agreement or (iii) continue any Eurocurrency Loan made pursuant to Section
2.6(b) of the Agreement, in each case, delivered by the Borrower to the Administrative Agent on and after the Conversion to Approving
Lenders Date on which this notice is delivered to the Administrative Agent.&nbsp;&nbsp;Upon your receipt of this notice, [<I>Insert Name
of Lender</I>] will be a Declining Lender under the Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 24pt; text-align: justify; text-indent: 0.5in">The undersigned has caused
this Declining Lender Notice to be executed and delivered by its duly authorized officer this ___ day of ____.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3.5in">[INSERT NAME OF LENDER],</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3.5in">as Lender</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 3.5in"></TD><TD STYLE="width: 0.25in">By:</TD><TD>________________________________<BR>
Name:<BR>
Title:</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-align: justify"></P>

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<DOCUMENT>
<TYPE>EX-10.4
<SEQUENCE>8
<FILENAME>ss373914_ex1004.htm
<DESCRIPTION>GUARANTY BY BUNGE LIMITED PURSUANT TO THE RABOBANK CREDIT AGREEMENT
<TEXT>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><B><U>Exhibit 10.4</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>GUARANTY</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">This Guaranty (as amended,
supplemented or otherwise modified in accordance with the terms hereof and in effect from time to time, this &#8220;<U>Guaranty</U>&#8221;)
is made as of the 16th day of July, 2021 by Bunge Limited, a company incorporated under the laws of Bermuda (together with any successors
or assigns permitted hereunder, &#8220;<U>BL</U>&#8221; or &#8220;<U>Guarantor</U>&#8221;) to Co&ouml;peratieve Rabobank U.A., New York
Branch (&#8220;<U>Rabobank</U>&#8221;), in its capacity as the administrative agent (together with its successors and assigns, the &#8220;<U>Administrative
Agent</U>&#8221;) under the Revolving Credit Agreement, dated as of July 16, 2021 (as amended, supplemented or otherwise modified from
time to time in accordance with the terms thereof, the &#8220;<U>Credit Agreement</U>&#8221;), among Bunge Limited Finance Corp., a Delaware
corporation (&#8220;<U>BLFC</U>&#8221;), the Administrative Agent and the financial institutions from time to time party thereto (each,
a &#8220;<U>Lender</U>&#8221; and collectively, the &#8220;<U>Lenders</U>&#8221;), for the benefit of the Lenders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>WITNESSETH:</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">WHEREAS, pursuant to the
Credit Agreement the Lenders have agreed to make revolving loans denominated in Dollars (the &#8220;<U>Loans</U>&#8221;) to BLFC from
time to time; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">WHEREAS, the execution and
delivery of this Guaranty is a condition precedent to the effectiveness of the Credit Agreement;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">NOW, THEREFORE, in consideration
of the premises and the mutual covenants contained herein, the parties hereby agree as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Section 1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Definitions</U>.&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;For
all purposes of this Guaranty, except as otherwise expressly provided in Annex A hereto or unless the context otherwise requires, capitalized
terms used herein shall have the meanings assigned to such terms in the Credit Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Notwithstanding
any other provision contained herein or in the other Loan Documents, all terms of an accounting or financial nature used herein and in
the other Loan Documents shall be construed, and all computations of amounts and ratios referred to herein and in the other Loan Documents
shall be made, and prepared:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;in
accordance with GAAP (including principles of consolidation where appropriate), and all accounting or financial terms shall have the meanings
ascribed to such terms by GAAP; <U>provided</U>, <U>however</U>, that all accounting terms used in <U>Section 8.2</U> below (and all defined
terms used in the definition of any accounting term used in <U>Section 8.2</U> below) shall have the meaning given to such terms (and
defined terms) under GAAP as in effect on the date hereof applied on a basis consistent with those used in preparing the financial statements
referred to in <U>Section 7(a)</U> below.&nbsp;&nbsp;In the event of any change after the date hereof in GAAP, and if such change would
affect the computation of any of the financial covenants set forth in <U>Section 8.2</U> below, then the parties hereto agree to endeavor,
in good faith, to agree upon an amendment to this Guaranty that would adjust such financial covenants in a manner that would preserve
the original intent thereof, but would allow compliance therewith to be determined in accordance with the Guarantor&#8217;s financial
statements at that time, provided that, until so amended such financial covenants shall continue to be computed in accordance with GAAP
prior to such change therein; and</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;without
giving effect to any election under Statement of Financial Accounting Standards 159 (or any other Financial Accounting Standard having
a similar result or effect) to value any Indebtedness or other liabilities of BLFC, the Guarantor or any of their Subsidiaries at &#8220;fair
value&#8221;, as defined therein.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">Notwithstanding any other
provision contained herein, all obligations of the Guarantor, BLFC and any of their respective Subsidiaries that are or would be characterized
as an operating lease as determined in accordance with GAAP as in effect on December 14, 2018 (whether or not such operating lease was
in effect on such date) shall continue to be accounted for as an operating lease (and not as a capital lease) for purposes of the Loan
Documents regardless of any change in GAAP following December 14, 2018 (or any change in the implementation in GAAP for future periods
that are contemplated as of December 14, 2018) that would otherwise require such obligation to be re&#45;characterized as a capital lease
and the Guarantor, BLFC and their respective Subsidiaries shall continue to provide financial reporting which differentiates between operating
leases and capital leases in accordance with GAAP as in effect on December 14, 2018.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Section 2. &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Guaranty</U>.&nbsp;&nbsp;Subject
to the terms and conditions of this Guaranty, the Guarantor hereby unconditionally and irrevocably guarantees (collectively, the &#8220;<U>Guaranty
Obligations</U>&#8221;) the prompt and punctual payment of all Obligations due and owing (whether at the stated maturity, by acceleration
or otherwise) under the Credit Agreement and the other Loan Documents whether direct or indirect, absolute or contingent, due or to become
due, or now existing or hereafter incurred.&nbsp;&nbsp;This Guaranty is a guaranty of payment and not of collection.&nbsp;&nbsp;All payments
by the Guarantor under this Guaranty shall be made in Dollars (if made with respect to any other amount) and (i) with respect to Loans,
shall be made to the Administrative Agent for disbursement pro rata (determined at the time such payment is sought) to the Lenders in
accordance with their respective Participation Percentage, (ii) with respect to fees, expenses and indemnifications owed to the Lenders,
shall be made to the Administrative Agent for disbursement pro rata (determined at the time such payment is sought) to the Lenders in
accordance with their respective Participation Percentages (except as otherwise provided in the Credit Agreement with respect to Defaulting
Lenders) and (iii) with respect to fees, expenses and indemnifications owed to the Administrative Agent in its capacity as such, shall
be made to the Administrative Agent.&nbsp;&nbsp;This Guaranty shall remain in full force and effect until the Guaranty Obligations are
paid in full and the Participations are terminated, notwithstanding that from time to time prior thereto BLFC may be free from any payment
obligations under the Loan Documents.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Section 3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Guaranty
Absolute</U>.&nbsp;&nbsp;The Guarantor guarantees that the Guaranty Obligations will be paid, regardless of any applicable law, regulation
or order now or hereinafter in effect in any jurisdiction affecting any of such terms or the rights of the Administrative Agent or any
Lender with respect thereto.&nbsp;&nbsp;The liability of the Guarantor under this Guaranty shall be absolute and unconditional irrespective
of:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Any
lack of validity or enforceability of or defect or deficiency in the Credit Agreement, any Transaction Document or any Loan Document or
any other agreement or instrument executed in connection with or pursuant thereto;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Any
change in the time, manner, terms or place of payment of, or in any other term of, all or any of the Guaranty Obligations, or any other
amendment or waiver of or any consent to departure from the Credit Agreement, any Transaction Document or any Loan Document or any other
agreement or instrument relating thereto or executed in connection therewith or pursuant thereto;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Any
sale, exchange or non-perfection of any property standing as security for the liabilities hereby guaranteed or any liabilities incurred
directly or indirectly hereunder or any setoff against any of said liabilities, or any release or amendment or waiver of or consent to
departure from any other guaranty, for all or any of the Guaranty Obligations;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
failure of the Administrative Agent or a Lender to assert any claim or demand or to enforce any right or remedy against BLFC or any other
Person hereunder or under the Credit Agreement or any Transaction Document or any Loan Document;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Any
failure by BLFC in the performance of any obligation with respect to the Credit Agreement or any other Loan Document;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Any
change in the corporate existence, structure or ownership of BLFC, or any insolvency, bankruptcy, reorganization or other similar proceeding
affecting BLFC or its assets or resulting release or discharge of any of the Guaranty Obligations;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Any
other circumstance which might otherwise constitute a defense available to, or a discharge of, the Guarantor, BLFC or any other Person
(including any other guarantor) that is a party to any document or instrument executed in respect of the Guaranty Obligations;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Any
limitation of BLFC&#8217;s obligations pursuant to subsection <U>8.16(b)</U> of the Credit Agreement; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Any
law, regulation, decree or order of any jurisdiction, or any other event, affecting any term of any Guaranty Obligations or the Administrative
Agent&#8217;s or the Lenders&#8217; rights with respect thereto, including, without limitation:</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify">(A) the application of any such law,
regulation, decree or order, including any prior approval, which would prevent the exchange of a currency other than Dollars for Dollars
or the remittance of funds outside of such jurisdiction or the unavailability of Dollars in any legal exchange market in such jurisdiction
in accordance with normal commercial practice; or (B) a declaration of banking moratorium or any suspension of payments by banks in such
jurisdiction or the imposition by such jurisdiction or any Governmental Authority thereof of any moratorium on, the required rescheduling
or restructuring of, or required approval of payments on, any indebtedness in such jurisdiction; or (C) any expropriation, confiscation,
nationalization or requisition by such country or any Governmental Authority that directly or indirectly deprives BLFC of any assets or
their use or of the ability to operate its business or a material part thereof; or (D) any war (whether or not declared), insurrection,
revolution, hostile act, civil strife or similar events occurring in such jurisdiction which has the same effect as the events described
in clause (A), (B) or (C) above (in each of the cases contemplated in clauses (A) through (D) above, to the extent occurring or existing
on or at any time after the date of this Guaranty).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">The obligations of the Guarantor
under this Guaranty shall not be affected by the amount of credit extended to BLFC, any repayment by BLFC to the Administrative Agent
or the Lenders (in each case, other than the full and final payment of all of the Guaranty Obligations), the allocation by the Administrative
Agent or the Lenders of any repayment, any compromise or discharge of the Guaranty Obligations, any application, release or substitution
of collateral or other security therefor, the release of any guarantor, surety or other Person obligated in connection with any document
or instrument executed in respect of the Guaranty Obligations, or any further advances to BLFC.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Section 4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Waiver</U>.&nbsp;&nbsp;The
Guarantor hereby waives (a) promptness, diligence, notice of acceptance, presentment, demand, protest, notice of protest and dishonor,
notice of default, notice of intent to accelerate, notice of acceleration and any other notice with respect to any of the Guaranty Obligations
and this Guaranty, (b) any requirement that the Administrative Agent or the Lenders protect, secure, perfect or insure any security interest
or Lien on any property subject thereto or exhaust any right or take any action against BLFC or any other Person or entity or any collateral
or that BLFC or any other Person or entity be joined in any action hereunder, (c) the defense of the statute of limitations in any action
under this Guaranty or for the collection or performance of the Guaranty Obligations, (d) any defense arising by reason of any lack of
corporate authority, (e) any defense based upon any guaranteed party&#8217;s errors or omissions in the administration of the Guaranty
Obligations except to the extent that any error or omission is caused by such guaranteed party&#8217;s bad faith, gross negligence or
willful misconduct (as finally determined by a court of competent jurisdiction), (f) any rights to set-offs and counterclaims and (g)
any defense based upon an election of remedies which destroys or impairs the subrogation rights of the Guarantor or the right of the Guarantor
to proceed against BLFC or any other obligor of the Guaranty Obligations for reimbursement.&nbsp;&nbsp;All dealings between BLFC or the
Guarantor, on the one hand, and the Administrative Agent and the Lenders, on the other hand, shall likewise be conclusively presumed to
have been had or consummated in reliance upon this Guaranty.&nbsp;&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">Should the Administrative Agent seek to enforce
the obligations of the Guarantor hereunder by action in any court, the Guarantor waives any necessity, substantive or procedural, that
a judgment previously be rendered against BLFC or any other Person, or that any action be brought against BLFC or any other Person, or
that BLFC or any other Person should be joined in such cause.&nbsp;&nbsp;Such waiver shall be without prejudice to the Administrative
Agent at its option to proceed against BLFC or any other Person, whether by separate action or by joinder.&nbsp;&nbsp;The Guarantor further
expressly waives each and every right to which it may be entitled by virtue of the suretyship law of the State of New York or any other
applicable jurisdiction.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Section 5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Several
Obligations; Continuing Guaranty</U>.&nbsp;&nbsp;The obligations of the Guarantor hereunder are separate and apart from BLFC or any other
Person (other than the Guarantor), and are primary obligations concerning which the Guarantor is the principal obligor.&nbsp;&nbsp;The
Guarantor agrees that this Guaranty shall not be discharged except by payment in full of the Guaranty Obligations, termination of the
Participations and complete performance of the obligations of the Guarantor hereunder. The obligations of the Guarantor hereunder shall
not be affected in any way by the release or discharge of BLFC from the performance of any of the Guaranty Obligations, whether occurring
by reason of law or any other cause, whether similar or dissimilar to the foregoing.&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Section 6.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Subrogation
Rights</U>.&nbsp;&nbsp;If any amount shall be paid to the Guarantor on account of subrogation rights at any time when all the Guaranty
Obligations shall not have been paid in full, such amount shall be held in trust for the benefit of the Administrative Agent and shall
forthwith be paid to the Administrative Agent to be applied to the Guaranty Obligations as specified in the Loan Documents.&nbsp;&nbsp;If
(a) the Guarantor makes a payment to the Administrative Agent of all or any part of the Guaranty Obligations and (b) all the Guaranty
Obligations have been paid in full and the Participations have terminated, the Administrative Agent will, at the Guarantor&#8217;s request,
execute and deliver to the Guarantor appropriate documents, without recourse and without representation or warranty of any kind whatsoever,
necessary to evidence the transfer by subrogation to the Guarantor of any interest in the Guaranty Obligations resulting from such payment
by the Guarantor.&nbsp;&nbsp;The Guarantor hereby agrees that it shall have no rights of subrogation with respect to amounts due to the
Administrative Agent or the Lenders until such time as all obligations of BLFC to the Lenders and the Administrative Agent have been paid
in full, the Participations have been terminated and the Credit Agreement has been terminated.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Section 7.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Representations
and Warranties</U>.&nbsp;&nbsp;The Guarantor hereby represents and warrants as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Financial
Condition</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
consolidated balance sheet of the Guarantor and its consolidated Subsidiaries as at December 31, 2020 and the related consolidated statements
of income for the fiscal year ended on such date, reported on by the Guarantor&#8217;s independent public accountants, copies of which
have heretofore been furnished to the Administrative Agent, are complete and correct, in all material respects, and present fairly the
financial condition of the Guarantor and its consolidated Subsidiaries as at such date, and the results of operations for the fiscal year
then ended.&nbsp;&nbsp;Such financial statements, including any related schedules and notes thereto, have been prepared in accordance
with GAAP applied consistently throughout the periods involved (except as approved by the external auditors and as disclosed therein,
if any).</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Except
as disclosed in Schedule V attached hereto, neither the Guarantor nor its consolidated Subsidiaries had, at the date of the most recent
balance sheet referred to above, any material guarantee obligation, contingent liability (as defined in accordance with GAAP), or any
long-term lease or unusual forward or long-term commitment, including, without limitation, any interest rate or foreign currency swap
or exchange transaction, which is not reflected in the foregoing statements or in the notes thereto, except for guarantees, indemnities
or similar obligations of the Guarantor or a consolidated Subsidiary supporting obligations of one Subsidiary to another Subsidiary.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;During
the period from December 31, 2020 to and including the date hereof, except as disclosed in Schedule V attached hereto, neither the Guarantor
nor its consolidated Subsidiaries has sold, transferred or otherwise disposed of any material part of its business or property, nor has
it purchased or otherwise acquired any business or property (including any capital stock of any other Person) material in relation to
the consolidated financial condition of the Guarantor and its consolidated Subsidiaries at December 31, 2020.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Change</U>.&nbsp;&nbsp;Since December 31, 2020, except as disclosed in Schedule I hereof, there has been no development or event which
has had or could, in the Guarantor&#8217;s good faith reasonable judgment, reasonably be expected to have a Material Adverse Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Corporate
Existence; Compliance with Law</U>.&nbsp;&nbsp;The Guarantor and each of its Subsidiaries (i) is duly organized and validly existing under
the laws of the jurisdiction of its incorporation, (ii) has the corporate power and authority, and the legal right, to own and operate
its property, to lease the property it operates as lessee and to conduct the business in which it is currently engaged, (iii) is duly
qualified under the laws of each jurisdiction where its ownership, lease or operation of property or the conduct of its business requires
such qualification, except where the failure to be so duly qualified could not reasonably be expected to have a Material Adverse Effect
and (iv) is in compliance with all Requirements of Law and Contractual Obligations, except any non-compliance which could not reasonably
be expected to have a Material Adverse Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Corporate
Power; Authorization; Enforceable Obligations</U>.&nbsp;&nbsp;The Guarantor and each of its Subsidiaries has the corporate power and authority,
and the legal right, to make, deliver and perform this Guaranty and each of the other Loan Documents and Transaction Documents to which
such Person is a party and to borrow thereunder and has taken all necessary corporate action to authorize (i) the borrowings on the terms
and conditions of the Loan Documents and Transaction Documents to which such Person is a party,</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify">(ii) the execution, delivery and performance
of this Guaranty and each of the other Loan Documents and Transaction Documents to which such Person is a party and (iii) the remittance
of payments in the applicable currency of all amounts payable hereunder and thereunder.&nbsp;&nbsp;No consent or authorization of, filing
with, notice to or other act by or in respect of, any Governmental Authority or any other Person is required in connection with the borrowings
under the Loan Documents or Transaction Documents, the remittance of payments in the applicable currency in accordance with the terms
hereof and thereof or with the execution, delivery, performance, validity or enforceability of this Guaranty and each of the other Loan
Documents and Transaction Documents.&nbsp;&nbsp;This Guaranty and each of the other Loan Documents and Transaction Documents to which
the Guarantor and/or any of its Subsidiaries are a party have been duly executed and delivered on behalf of the Guarantor and each of
such Subsidiaries.&nbsp;&nbsp;Each of this Guaranty and each of the other Loan Documents and Transaction Documents to which the Guarantor
and/or any of its Subsidiaries are a party constitutes a legal, valid and binding obligation of the Guarantor and each of such Subsidiaries
enforceable against the Guarantor and each of such Subsidiaries in accordance with its terms, except as enforceability may be limited
by applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting the enforcement of creditors&#8217; rights
generally and by general equitable principles (whether enforcement is sought by proceedings in equity or law).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Legal Bar</U>.&nbsp;&nbsp;The execution, delivery and performance by the Guarantor of this Guaranty, and by it and each of its Subsidiaries
of the other Loan Documents and Transaction Documents to which each such entity is a party, the borrowings thereunder and the use of the
proceeds thereof will not violate any Requirement of Law or Contractual Obligation to which the Guarantor or any of its Subsidiaries are
a party or by which it or they are bound and will not result in, or require, the creation or imposition of any Lien on any of the properties
or revenues of any of the Guarantor or its Subsidiaries pursuant to any such Requirement of Law or Contractual Obligation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Material Litigation</U>.&nbsp;&nbsp;Except as disclosed in Schedule VI attached hereto, no litigation, investigation or proceeding of
or before any arbitrator or Governmental Authority is pending or, to the knowledge of the Guarantor, threatened by or against the Guarantor
or any of its Subsidiaries or against any of their respective properties or revenues (a) with respect to this Guaranty or the other Loan
Documents or Transaction Documents or any of the transactions contemplated hereby or thereby or (b) which could reasonably be expected
to have a Material Adverse Effect.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Ownership
of Property; Liens</U>.&nbsp;&nbsp;The Guarantor and each of its Subsidiaries has good record and marketable title in fee simple to, or
a valid leasehold interest in, all its material real property, and good title to, or a valid leasehold interest in, all its other material
property except for defects in title which would not have a Material Adverse Effect, and none of the property is subject to any Lien that
secures Secured Indebtedness, other than a Lien that secures Permitted Secured Indebtedness or any other Secured Indebtedness permitted
under <U>Section 8.2(a)(iii)</U> of this Guaranty.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Environmental
Matters</U>.&nbsp;&nbsp;The Guarantor and its Subsidiaries have obtained all permits, licenses and other authorizations that are necessary
to operate their respective business and required under all applicable Environmental Laws, except where the failure to do so would not
reasonably be expected to have a Material Adverse Effect. Except as set forth on Schedule II attached hereto, (i) Hazardous Materials
have not at any time been generated, used, treated or stored on, released or disposed of on, or transported to or from, any property owned,
leased, used, operated or occupied by the Guarantor or any of its Subsidiaries or, to the best of the Guarantor&#8217;s knowledge, any
property adjoining or in the vicinity of any such property except in compliance with all applicable Environmental Laws other than where
the failure to do so would not reasonably be expected to have a Material Adverse Effect and (ii) there are no past, pending or threatened
(in writing) Environmental Claims against the Guarantor or any of its Subsidiaries or any property owned, leased, used, operated or occupied
by the Guarantor or any of its Subsidiaries that individually or in the aggregate would reasonably be expected to have a Material Adverse
Effect.&nbsp;&nbsp;The operations of the Guarantor and its Subsidiaries are in compliance in all material respects with all terms and
conditions of the required permits, licenses, certificates, registrations and authorizations, and are also in compliance in all material
respects with all other limitations, restrictions, conditions, standards, prohibitions, requirements, obligations, schedules and timetables
contained in the Environmental Laws, except where the failure to do so would not reasonably be expected to have a Material Adverse Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Default</U>.&nbsp;&nbsp;Except with respect to the Indebtedness set forth on Schedule III attached hereto, neither the Guarantor nor any
of its Subsidiaries is in default under or with respect to any agreement, instrument or undertaking to which it is a party or by which
it is bound in any respect which could reasonably be expected to have a Material Adverse Effect.&nbsp;&nbsp;No Series 2002-1 Early Amortization
Event, Potential Series 2002-1 Early Amortization Event, Event of Default or Default has occurred and is continuing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(j)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Taxes</U>.&nbsp;&nbsp;Under
the laws of Bermuda, the execution, delivery and performance by the Guarantor of this Guaranty and by it and each of its Subsidiaries
(as the case may be) of the other Loan Documents and Transaction Documents to which they are a party and all payments of principal, interest,
fees and other amounts hereunder and thereunder are exempt from all income or withholding taxes, stamp taxes, charges or contributions
of Bermuda or any political subdivision or taxing authority thereof, irrespective of the fact that the Administrative Agent or any of
the Lenders may have a representative office or subsidiary in Bermuda.&nbsp;&nbsp;Except as otherwise provided herein or therein, the
Guarantor is validly obligated to make all payments due under this Guaranty free and clear of any such tax, withholding or charge so that
the Administrative Agent and the Lenders shall receive the amounts due as if no such tax, withholding or charge had been imposed.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(k)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Pari
Passu Status</U>.&nbsp;&nbsp;The obligations of the Guarantor hereunder constitute direct, general obligations of the Guarantor and rank
at least pari passu (in priority of payment) with all other unsecured, unsubordinated Indebtedness (other than any such Indebtedness that
is preferred by mandatory provisions of law) of the Guarantor.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(l)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Purpose
of Loans</U>.&nbsp;&nbsp;The proceeds of the Loans under the Credit Agreement shall be used by BLFC solely to either (i) make advances
under the Series 2002-1 VFC, (ii) repay Permitted Indebtedness outstanding from time to time or (iii) pay expenses incurred in connection
with the Credit Agreement and any Pari Passu Indebtedness.&nbsp;&nbsp;Notwithstanding the foregoing, any other use of the proceeds of
the Loans under the Credit Agreement shall not affect the obligations of the Guarantor hereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(m)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Information</U>.&nbsp;&nbsp;All
information (including, with respect to the Guarantor, without limitation, the financial statements required to be delivered pursuant
hereto), which has been made available to the Administrative Agent or any Lender by or on behalf of the Guarantor in connection with the
transactions contemplated hereby and the other Loan Documents and Transaction Documents is complete and correct in all material respects
and does not contain any untrue statement of a material fact or omit to state a material fact necessary in order to make the statements
contained therein not materially misleading in light of the circumstances under which such statements were made; <U>provided</U>, that,
with respect to projected financial information provided by or on behalf of the Guarantor, the Guarantor represents only that such information
was prepared in good faith by management of the Guarantor on the basis of assumptions believed by such management to be reasonable as
of the time made.&nbsp;&nbsp;As of the date hereof, the information included in the Beneficial Ownership Certification of BLFC is true
and correct.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(n)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Designated
Obligors</U>.&nbsp;&nbsp;On the date hereof, BL directly or indirectly owns the percentage of the voting stock of each Designated Obligor
(other than BL) set forth on Schedule IV attached hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(o)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Restrictions
on Designated Obligors</U>.&nbsp;&nbsp;There is no legal or regulatory restriction on the ability of any Designated Obligor to pay dividends
to the Guarantor out of earnings at such times as such Designated Obligor is not deemed to be insolvent pursuant to the laws of its jurisdiction
of incorporation nor any legal or regulatory restriction preventing the Guarantor from converting such dividend payments to Dollars.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(p)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Federal
Regulations</U>.&nbsp;&nbsp;No part of the proceeds of any advances under the Investor Certificates will be used for &#8220;purchasing&#8221;
or &#8220;carrying&#8221; any &#8220;margin stock&#8221; within the respective meanings of each of the quoted terms under Regulation U
of the Board of Governors of the Federal Reserve System of the United States as now and from time to time hereafter in effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(q)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Investment
Company Act</U>.&nbsp;&nbsp;The Guarantor is not an &#8220;investment company&#8221;, or a company &#8220;controlled&#8221; by an &#8220;investment
company&#8221;, within the meaning of the Investment Company Act of 1940, as amended.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(r)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Solvency</U>.&nbsp;&nbsp;The
Guarantor is, individually and together with its Subsidiaries, Solvent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(s)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Consideration</U>.&nbsp;&nbsp;The
Guarantor has received, or will receive, direct or indirect benefit from the making of this Guaranty.&nbsp;&nbsp;The Guarantor has, independently
and without reliance upon the Administrative Agent or any Lender and based on such documents and information it has deemed appropriate,
made its own credit analysis and decision to enter into this Guaranty.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(t)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Sanctions</U>.&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To
the best of the knowledge of the Responsible Officers of the Guarantor, the Guarantor and its Subsidiaries are, to the extent applicable,
in compliance in all material respects with Sanctions and Anti-Corruption Laws.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To
the best of the knowledge of the Responsible Officers of the Guarantor, the Guarantor is not, and no Subsidiary and no director or senior
officer of the Guarantor or any Subsidiary, is any of the following:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 153pt"></TD><TD STYLE="width: 36pt">(a)</TD><TD STYLE="text-align: justify">a Restricted Party;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 153pt"></TD><TD STYLE="width: 36pt">(b)</TD><TD STYLE="text-align: justify">a Person owned 50% or more or controlled by, or acting on behalf of, any Restricted Party or Restricted
Parties; or</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 153pt"></TD><TD STYLE="width: 36pt">(c)</TD><TD STYLE="text-align: justify">a Person that commits, threatens or conspires to commit or support &#8220;terrorism&#8221; as defined
in the Executive Order.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Guarantor has implemented and maintains in effect policies and procedures designed to promote and achieve continued compliance by the
Guarantor, its Subsidiaries and their respective directors, officers and employees with applicable Anti-Corruption Laws and Sanctions.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify">The foregoing representations in this
<U>Section 7(t)</U> will not apply to any party hereto to which Council Regulation (EC) 2271/96 (the &#8220;<U>Blocking Regulation</U>&#8221;)
applies, if and to the extent that such representations are or would be unenforceable by or in respect of that party pursuant to, or would
otherwise result in a breach and/or violation of, (i) any provision of the Blocking Regulation (or any law or regulation implementing
the Blocking Regulation in any member state of the European Union) or (ii) any similar blocking or anti-boycott law in the United Kingdom.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(u)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Financial
Institution</U>.&nbsp;&nbsp;Neither the Guarantor nor any of its Subsidiaries is an EEA Financial Institution or a UK Financial Institution.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">The Guarantor agrees that the foregoing representations
and warranties shall be deemed to have been made by the Guarantor on the date hereof and the date of each borrowing by BLFC under the
Credit Agreement, on and as of all such dates.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Section 8. &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Covenants</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">8.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Affirmative
Covenants</U>.&nbsp;&nbsp;The Guarantor hereby agrees that, so long as (i) any Loan remains outstanding and unpaid or any other amount
is owing to the Administrative Agent or any Lender under the Credit Agreement or (ii) the Participations have not been terminated:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Financial
Statements</U>.&nbsp;&nbsp;The Guarantor shall furnish to the Administrative Agent (who shall furnish a copy to each Lender):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;promptly
after each annual meeting of the Guarantor, but in any event within one hundred and twenty (120) days after the end of each fiscal year
of the Guarantor, a copy of the audited consolidated balance sheet of the Guarantor and its consolidated Subsidiaries at the end of such
year and related audited consolidated statements of income and retained earnings and of cash flows for such year, setting forth in each
case in comparative form the figures for the previous year, certified by independent public accountants reasonably acceptable to the Administrative
Agent;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;as
soon as available, but in any event not later than sixty (60) days after the end of each of the first three quarters of each fiscal year
of the Guarantor, the unaudited consolidated balance sheet of the Guarantor as at the end of such quarter and the related unaudited consolidated
statement of income for such quarter and the portion of the fiscal year through the end of such quarter, setting forth in each case in
comparative form the figures for the previous year, each in the form reasonably acceptable to the Administrative Agent, certified by the
chief financial officer of the Guarantor; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;such
additional financial and other information as the Administrative Agent (at the request of any Lender or otherwise) may from time to time
reasonably request;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">all such financial statements furnished under
clause (i) above to be complete and correct in all material respects and prepared in reasonable detail in accordance with GAAP applied
consistently throughout the periods reflected therein and with prior periods (except as approved by such accountants or officer, as the
case may be, and disclosed therein); <U>provided</U>, <U>however</U>, that the Guarantor shall not be required to deliver the financial
statements described under clauses (i) and (ii) above if such statements are available within the time period required by applicable Requirements
of Law on EDGAR or from other public sources.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Quarterly
Compliance Certificates</U>.&nbsp;&nbsp;The Guarantor shall, within sixty (60) days after the end of each of the first three fiscal quarters
of each fiscal year and one hundred and twenty (120) days after the end of each fiscal year, furnish to the Administrative Agent its certificate
signed by its chief financial officer, treasurer or controller stating that, to the best of such officer&#8217;s knowledge, during such
period each of the Guarantor and BLFC has observed or performed all of its covenants and other agreements, and satisfied every condition
contained in this Guaranty and the other Loan Documents and Transaction Documents and any other related documents to be observed, performed
or satisfied by each of them, and that such officer has obtained no knowledge of any Series 2002-1 Early Amortization Event, Potential
Series 2002-1 Early Amortization Event, Event of Default or Default except as specified in such certificate and showing in reasonable
detail the calculations evidencing compliance with the covenants in <U>subsection 8.2(a)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Conduct
of Business and Maintenance of Existence</U>.&nbsp;&nbsp;The Guarantor shall, and shall cause each of the Designated Obligors to:&nbsp;&nbsp;(i)
except as permitted by <U>subsection 8.2(b)</U>, preserve, renew and keep in full force and effect its corporate existence; and (ii) take
all reasonable action to maintain all rights, privileges and franchises necessary or desirable in the normal conduct of its business,
except where the failure to maintain the same would not have a Material Adverse Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Compliance
with Laws and Contractual Obligations; Authorization</U>.&nbsp;&nbsp;The Guarantor shall, and shall cause each of its Subsidiaries to,
comply in all respects with all Requirements of Law and Contractual Obligations, except where failure to so comply would not have a Material
Adverse Effect, and the Guarantor shall obtain, comply with the terms of and do all that is necessary to maintain in full force and effect
all authorizations, approvals, licenses and consents required in or by any applicable laws and regulations to enable it lawfully to enter
into and perform its obligations under this Guaranty or to ensure the legality, validity, enforceability or admissibility in evidence
of this Guaranty and the other Loan Documents and Transaction Documents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Maintenance
of Property; Insurance</U>.&nbsp;&nbsp;The Guarantor shall, and shall cause each of its Subsidiaries to, keep all property useful and
necessary in its business in good working order and condition, except where failure to do so would not have a Material Adverse Effect;
and maintain with financially sound and reputable insurance companies insurance on all its property in at least such amounts and against
at least such risks as are customary for the Guarantor&#8217;s type of business.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Inspection
of Property; Books and Records</U>.&nbsp;&nbsp;The Guarantor shall, and shall cause each of the Designated Obligors to, keep proper books
of records and account in which full, true and correct entries in conformity with GAAP and all Requirements of Law shall be made of all
dealings and transactions in relation to its business and activities; and permit representatives of the Administrative Agent and each
Lender to visit and inspect any of its properties and examine and make abstracts from any of its books and records at any time and as
often as may reasonably be desired, provided that the Administrative Agent and each Lender has given reasonable prior written notice and
the Administrative Agent and each Lender has executed a confidentiality agreement reasonably satisfactory to the Guarantor.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Notices</U>.&nbsp;&nbsp;The
Guarantor shall give notice to the Administrative Agent promptly after becoming aware of the same, of (i) the occurrence of any Series
2002-1 Early Amortization Event, Potential Series 2002-1 Early Amortization Event, Event of Default or Default, including any steps taken
to remedy or mitigate the effect of such default; (ii) any changes in taxes, duties or other fees of Bermuda or any political subdivision
or taxing authority thereof or any change in any laws of Bermuda, in each case, that may affect any payment due under this Guaranty or
the other Loan Documents and Transaction Documents; (iii) any change in the Guarantor&#8217;s, BLFC&#8217;s or the Master Trust&#8217;s
public or private rating by S&amp;P or Moody&#8217;s; (iv) any development or event which has had, or which the Guarantor in its good
faith judgment believes will have, a Material Adverse Effect; and (v) any change in the information provided in the Beneficial Ownership
Certification of BLFC provided to the Administrative Agent or any Lender that would result in a change to the list of beneficial owners
identified in parts (c) or (d) of such certification.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Pari
Passu Obligations</U>.&nbsp;&nbsp;The Guarantor shall ensure that its obligations hereunder at all times constitute direct, general obligations
of the Guarantor ranking at least pari passu in right of payment with all other unsecured, unsubordinated Indebtedness (other than Indebtedness
that is preferred by mandatory provisions of law) of the Guarantor.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Maintenance
of Designated Obligors</U>.&nbsp;&nbsp;The Guarantor will not and will not permit any of its Subsidiaries directly or indirectly to convey,
sell, transfer or otherwise dispose of, or grant any Person an option to acquire, in one transaction or a series of transactions more
than 50% of the voting stock of a Designated Obligor (other than BL) unless such conveyance, sale, transfer or disposition does not cause
a Series 2002-1 Early Amortization Event, Potential Series 2002-1 Early Amortization Event, Event of Default or Default and either (i)
such conveyance, sale, transfer or disposition is among the Guarantor and its Subsidiaries or (ii) (A) the Guarantor or such Subsidiary
uses the net proceeds of such stock conveyance, sale, transfer or disposition to repay in full the aggregate principal and interest due
and owing with respect to all Intercompany Loans outstanding as to which the Designated Obligor is the Obligor and (B) to the extent such
net proceeds exceed the amounts required to be paid pursuant to clause (A), the Guarantor or such Subsidiary either (1) reinvests or enters
into a contract to reinvest all such excess net proceeds in productive replacement fixed assets of a kind then used or usable in the business
of the Guarantor or any of its Subsidiaries or (2) uses such excess net proceeds to make payments on the Guarantor&#8217;s or its Subsidiaries&#8217;
other Indebtedness.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(j)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Payment
of Taxes</U>.&nbsp;&nbsp;The Guarantor shall pay, discharge or otherwise satisfy at or before maturity or before they become delinquent,
as the case may be, all taxes, assessments and similar governmental charges imposed on it, its incomes, profits or properties, except
where (i) the amount or validity thereof is currently being contested in good faith by appropriate proceedings and reserves to the extent
required by GAAP with respect thereto have been provided on the books of the Guarantor or (ii) the nonpayment of all such taxes, assessments
and charges in the aggregate would not reasonably be expected to have a Material Adverse Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(k)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Environmental
Laws</U>.&nbsp;&nbsp;Unless, in the good faith judgment of the Guarantor, the failure to do so would not reasonably be expected to have
a Material Adverse Effect, the Guarantor will comply in all material respects, and cause each of its Subsidiaries to comply in all material
respects, with the requirements of all applicable Environmental Laws and will immediately pay or cause to be paid all costs and expenses
incurred in such compliance, except such costs and expenses which are being contested in good faith by appropriate proceedings if the
Guarantor or such Subsidiary, as applicable, is maintaining adequate reserves (in the good faith judgment of the management of the Guarantor)
with respect thereto in accordance with GAAP.&nbsp;&nbsp;Unless the failure to do so would not reasonably be expected to have a Material
Adverse Effect, the Guarantor shall not, nor shall it permit or suffer any of its Subsidiaries to, generate, use, manufacture, refine,
transport, treat, store, handle, dispose of, transfer, produce or process Hazardous Materials other than in the ordinary course of business
and in material compliance with all applicable Environmental Laws, and shall not, and shall not permit or suffer any of its Subsidiaries
to, cause or permit, as a result of any intentional or unintentional act or omission on the part of the Guarantor or any Subsidiary thereof,
the installation or placement of Hazardous Materials in material violation of or actionable under any applicable Environmental Laws onto
any of its property or suffer the material presence of Hazardous Materials in violation of or actionable under any applicable Environmental
Laws on any of its property without having taken prompt steps to remedy such violation.&nbsp;&nbsp;Unless its failure to do so would not
reasonably be expected to have a Material Adverse Effect, the Guarantor shall, and shall cause each of its Subsidiaries to, promptly undertake
and diligently pursue to completion any investigation, study, sampling and testing, as well as any cleanup, removal, remedial or other
action required of the Guarantor or any Subsidiary under any applicable Environmental Laws in the event of any release of Hazardous Materials.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(l)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>ERISA</U>.&nbsp;&nbsp;The
Guarantor shall give to the Administrative Agent the following notices and documents (provided that, solely with respect to clauses (i),
(ii) and (iii) below, the Guarantor shall only be obligated to provide such notices and documents to the extent that any of the events
or occurrences described in such clauses is reasonably expected to result in a material liability):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>ERISA
Events</U>.&nbsp;&nbsp;Promptly and in any event within ten (10) days after the Guarantor or any of its ERISA Affiliates knows or has
reason to know that any ERISA Event has occurred, a statement of the chief financial officer of the Guarantor or such ERISA Affiliate
describing such ERISA Event and the action, if any, that the Guarantor or such ERISA Affiliate has taken and proposes to take with respect
thereto;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Plan
Terminations</U>.&nbsp;&nbsp;Promptly and in any event within two (2) Business Days after receipt thereof by the Guarantor or any of its
ERISA Affiliates, copies of each notice from the PBGC stating its intention to terminate any Plan or to have a trustee appointed to administer
any Plan; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Multiemployer
Plan Notices</U>.&nbsp;&nbsp;Promptly and in any event within five (5) Business Days after receipt thereof by the Guarantor or any of
its ERISA Affiliates from the sponsor of a Multiemployer Plan, copies of each notice concerning (A) the imposition of Withdrawal Liability
by any such Multiemployer Plan, or (B) the reorganization or termination, within the meaning of Title IV of ERISA, of any such Multiemployer
Plan or (C) the amount of liability incurred by the Guarantor or any of its ERISA Affiliates in connection with any event described in
clause (A) or (B) above.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Additional
Multiemployer Plan Notices</U>. Promptly upon request, copies of (A) any documents described in Section 101(k) of ERISA that the Guarantor
or any of its ERISA Affiliates may request with respect to any Multiemployer Plan, and (B) any notices described in Section 101(l) of
ERISA that the Guarantor or any of its ERISA Affiliates may request with respect to any Multiemployer Plan; provided, that if the Guarantor
or the applicable ERISA Affiliate has not requested such documents or notices from the administrator or sponsor of the applicable Multiemployer
Plan, upon the request of the Administrative Agent, which request shall not be more frequent than once during any twelve (12) month period,
the Guarantor or applicable ERISA Affiliate shall promptly make a request for such documents or notices and shall provide copies of such
documents and notices promptly and in any event within five (5) Business Days after receipt thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(m)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Sanctions
Actions or Investigations</U>.&nbsp;&nbsp;Promptly upon a Responsible Officer of the Guarantor becoming aware that the Guarantor or any
of its Subsidiaries has received formal notice that it has become the subject of any material action or investigation under any Sanctions,
the Guarantor shall, to the extent permitted by law, supply to the Administrative Agent details of any such material action or investigation.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(n)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Anti-Corruption
and Sanctions Compliance Policies and Procedures</U>.&nbsp;&nbsp;The Guarantor will maintain in effect policies and procedures designed
to promote and achieve continued compliance by the Guarantor, its Subsidiaries and their respective directors, officers and employees
with applicable Anti-Corruption Laws and Sanctions.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">8.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Negative
Covenants</U>.&nbsp;&nbsp;The Guarantor hereby agrees that, so long as (i) any Loan remains outstanding and unpaid or any other amount
is owing to the Administrative Agent or any Lender under the Credit Agreement or (ii) the Participations have not been terminated:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Financial
Covenants</U>.&nbsp;&nbsp;The Guarantor shall not at any time permit:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
ratio of its Total Consolidated Current Assets to Adjusted Total Consolidated Current Liabilities, each as calculated at the end of each
fiscal quarter of the Guarantor, to be less than 1.1 to 1.0 (to be tested quarterly);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
ratio of its consolidated Adjusted Net Debt to consolidated Adjusted Capitalization (each as calculated at the end of each fiscal quarter
of the Guarantor) to be greater than 0.635:1.0 (to be tested quarterly); and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
aggregate outstanding principal balance of all Secured Indebtedness (excluding any Permitted Secured Indebtedness) incurred by the Guarantor
and its Subsidiaries to be greater than an amount equal to seven and one half percent (7.5%) of the Total Tangible Assets of the Guarantor
and its Subsidiaries, as calculated at the end of each fiscal quarter of the Guarantor and as determined in accordance with GAAP (to be
tested quarterly).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Limitation
of Fundamental Changes</U>.&nbsp;&nbsp;The Guarantor shall not enter into any transaction of merger, consolidation or amalgamation (other
than any merger or amalgamation of any Subsidiary with and into the Guarantor so long as the Guarantor shall be the surviving, resulting
or continuing company) or liquidate, wind up or dissolve itself (or suffer any liquidation or dissolution), or convey, sell, lease, assign,
transfer or otherwise dispose of, all or substantially all of its property, business or assets.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Restrictions
on Dividends or Loans by Designated Obligors</U>.&nbsp;&nbsp;The Guarantor shall not permit any Designated Obligor to enter into any agreement
restricting the payment of dividends or the making of loans by it to the Guarantor or to any other Designated Obligor, <U>except that</U>
the Guarantor may permit a Designated Obligor to be party to agreements (i) limiting the payment of dividends by such Designated Obligor
following a default or an event of default under such agreement and (ii) requiring the compliance by such Designated Obligor with specified
net worth, working capital or other similar financial tests and (iii) restricting loans to be made by such Designated Obligor to any other
Obligor or the Guarantor to such loans which accrue interest at a rate greater than or equal to such lending Designated Obligor&#8217;s
average cost of funds as determined in good faith by the Board of Directors of such Designated Obligor.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Intercompany
Loans</U>.&nbsp;&nbsp;Notwithstanding any provision to the contrary set forth in the Transaction Documents (including, without limitation,
clause (s) of the definition of &#8220;Eligible Loan&#8221; in Annex X), the Guarantor (i) shall not permit any Seller to sell, transfer,
assign or otherwise convey any Intercompany Loan to Bunge Funding under the Sale Agreement that has a maturity in excess of six (6) years
and (ii) shall either cause a Seller, Bunge Funding or the Trustee to demand repayment of all outstanding principal and accrued interest
under each Intercompany Loan or cause a Seller to refinance such amounts by making a new Intercompany Loan to the applicable Obligor within
six (6) years from the date of such Intercompany Loan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(e)&#9;<U>Anti-Money
Laundering</U>.&#9;The Guarantor will not knowingly conduct its operations in violation of any applicable financial recordkeeping and
reporting requirements of the U.S. Bank Secrecy Act, the money laundering statutes of all jurisdictions, the rules and regulations thereunder
and any related or similar rules, regulations or guidelines issued, administered or enforced by any applicable authority (collectively,
the &#8220;<U>Money Laundering Laws</U>&#8221;), and no action or inquiry by or before any authority involving the Guarantor with respect
to Money Laundering Laws is pending or, to the best of the knowledge of the Responsible Officers of the Guarantor, is threatened.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(f)&#9;<U>Sanctions
and Anti-Corruption</U>.&#9;The Guarantor will not knowingly use, or permit any of its Subsidiaries to use, any funds derived from any
activity that would violate Sanctions or any Anti-Corruption Laws to pay any of the obligations under the Loan Documents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify">The foregoing covenants in this <U>Section
8.2(f)</U> will not apply to any party hereto to which the Blocking Regulation applies, if and to the extent that such covenants are or
would be unenforceable by or in respect of that party pursuant to, or would otherwise result in a breach and/or violation of, (i) any
provision of the Blocking Regulation (or any law or regulation implementing the Blocking Regulation in any member state of the European
Union) or (ii) any similar blocking or anti-boycott law in the United Kingdom.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">8.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Use
of Websites.</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Guarantor may satisfy its obligation to deliver any public information to the Lenders by posting this information onto an electronic website
designated by the Guarantor and the Administrative Agent (the &#8220;<U>Designated Website</U>&#8221;) by notifying the Administrative
Agent (i) of the address of the website together with any relevant password specifications and (ii) that such information has been posted
on the website; <U>provided</U>, that in any event the Guarantor shall supply the Administrative Agent with one copy in paper form of
any information which is posted onto the website.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Administrative Agent shall supply each Lender with the address of and any relevant password specifications for the Designated Website
following designation of that website by the Guarantor and the Administrative Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Guarantor shall promptly upon becoming aware of its occurrence notify the Administrative Agent if:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Designated Website cannot be accessed due to technical failure;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
password specifications for the Designated Website change;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any
new information which is required to be provided under this Guaranty is posted onto the Designated Website;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any
existing information which has been provided under this Guaranty and posted onto the Designated Website is amended; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(v)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Guarantor becomes aware that the Designated Website or any information posted onto the Designated Website is or has been infected by any
electronic virus or similar software.&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">If the Guarantor notifies the Administrative
Agent under <U>Section 8.3(c)(i)</U> or <U>Section 8.3(c)(v)</U> above, all information to be provided by the Guarantor under this Guaranty
after the date of that notice shall be supplied in paper form unless and until the Administrative Agent is satisfied that the circumstances
giving rise to the notification are no longer continuing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Section 9.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Amendments</U>.&nbsp;&nbsp;No
amendment or waiver of any provision of this Guaranty nor consent to any departure by the Guarantor therefrom shall in any event be effective
unless such amendment or waiver shall be in writing and signed by the Guarantor and the Administrative Agent (who shall act following
the receipt of the consent of the Required Lenders).&nbsp;&nbsp;Such waiver or consent shall be effective only in the specific instance
and for the specific purpose for which given.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Section 10.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Notices,
Etc</U>.&nbsp;&nbsp;All notices, demands, instructions and other communications required or permitted to be given to or made upon any
Person pursuant hereto shall be in writing and shall be personally delivered or sent by registered, certified or express mail, postage
prepaid, return receipt requested, by recognized overnight courier service or by facsimile transmission, and shall be deemed to be given
for purposes of this Guaranty, in the case of a notice sent by registered, certified or express mail, or by recognized overnight courier
service, on the date that such writing is actually delivered to the intended recipient thereof in accordance with the provisions of this
<U>Section 10</U>, or in the case of facsimile transmission, when received and telephonically confirmed. Unless otherwise specified in
a notice sent or delivered in accordance with the foregoing provisions of this <U>Section 10</U>, notices, demands, instructions and other
communications in writing shall be given to or made upon the subject parties at their respective Notice Addresses (or to their respective
facsimile transmission numbers) or at such other address or number as any party may notify to the other parties in accordance with the
provisions of this <U>Section 10</U>.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Section 11.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Waiver; Remedies</U>.&nbsp;&nbsp;No failure on the part of the Administrative Agent to exercise, and no delay in exercising, any right
hereunder shall operate as a waiver thereof, nor shall any single or partial exercise of any right hereunder preclude any other or further
exercise thereof or the exercise of any other right. The remedies herein provided are cumulative and not exclusive of any remedies provided
by law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Section 12.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Costs
and Expenses</U>.&nbsp;&nbsp;The Guarantor agrees to pay, and cause to be paid, on demand all costs and expenses actually incurred by
the Administrative Agent in connection with the enforcement of this Guaranty including, without limitation, the fees and out of pocket
expenses of outside counsel to the Administrative Agent with respect thereto. The agreements of the Guarantor contained in this <U>Section
12</U> shall survive the payment of all other amounts owing hereunder or under any of the other Guaranty Obligations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Section 13.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Separability</U>.&nbsp;&nbsp;Should
any clause, sentence, paragraph, subsection or Section of this Guaranty be judicially declared to be invalid, unenforceable or void, such
decision will not have the effect of invalidating or voiding the remainder of this Guaranty, and the parties hereto agree that the part
or parts of this Guaranty so held to be invalid, unenforceable or void will be deemed to have been stricken herefrom and the remainder
will have the same force and effectiveness as if such part or parts had never been included herein.&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Section 14.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Captions</U>.&nbsp;&nbsp;The
captions in this Guaranty have been inserted for convenience only and shall be given no substantive meaning or significance whatever in
construing the terms and provisions of this Guaranty.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Section 15.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Successors
and Assigns</U>.&nbsp;&nbsp;This Guaranty shall (a) be binding upon the Guarantor and its successors and assigns and (b) inure to the
benefit of and be enforceable by the Administrative Agent (for the ratable benefit of the Lenders) and its successors, transferees and
assigns; <U>provided</U>, <U>however</U>, that any assignment by the Guarantor of its obligations hereunder shall (i) be subject to the
prior written consent of the Administrative Agent acting on the instructions of all of the Lenders at their complete discretion, and (ii)
subject to the satisfaction of clause (i) above, only be made to a one hundred percent (100%) owned Affiliate of the Guarantor.&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Section 16.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Limitation
by Law</U>.&nbsp;&nbsp;All rights, remedies and powers provided in this Guaranty may be exercised only to the extent that the exercise
thereof does not violate any applicable provision of law, and all the provisions of this Guaranty are intended to be subject to all applicable
mandatory provisions of law which may be controlling and to be limited to the extent necessary so that they will not render this Guaranty
invalid, unenforceable, in whole or in part, or not entitled to be recorded, registered or filed under the provisions of any applicable
law.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Section 17.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Substitution
of Guaranty</U>.&nbsp;&nbsp;Subject to the prior written consent of the Administrative Agent acting on the instructions of all of the
Lenders at their complete discretion, the Guarantor shall, during the term of this Guaranty, be permitted at its option to provide collateral
to the Administrative Agent or another form of credit support as a substitute for its obligations under this Guaranty.&nbsp;&nbsp;The
Guarantor agrees to execute whatever security or credit support documents the Administrative Agent reasonably requests in order to effectuate
the provisions of this <U>Section 17</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Section 18.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B><U>GOVERNING
LAW; FOREIGN PARTY PROVISIONS</U></B>.&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in"><B>(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;THIS
GUARANTY SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK (INCLUDING, WITHOUT LIMITATION, SECTION
5-1401 OF THE GENERAL OBLIGATIONS LAW OF THE STATE OF NEW YORK).</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Consent
to Jurisdiction</U>.&nbsp;&nbsp;The Guarantor irrevocably submits to the non-exclusive jurisdiction of any New York state or U.S. federal
court sitting in the Borough of Manhattan, The City of New York, in any action or proceeding relating to its obligations, liabilities
or any other matter arising out of or in connection with this Guaranty or the other Loan Documents and Transaction Documents.&nbsp;&nbsp;The
Guarantor hereby irrevocably agrees that all claims in respect of any such action or proceeding may be heard and determined in such New
York state or U.S. federal court.&nbsp;&nbsp;The Guarantor also hereby irrevocably waives, to the fullest extent permitted by law, any
objection to venue or the defense of an inconvenient forum to the maintenance of any such action or proceeding in any such court.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Appointment
for Agent for Service of Process</U>.&nbsp;&nbsp;The Guarantor hereby (i) irrevocably designates and appoints its chief financial officer
(from time to time) at its principal executive offices at 1391 Timberlake Manor Parkway, Chesterfield, Missouri 63017 (the &#8220;<U>Authorized
Agent</U>&#8221;), as its agent upon which process may be served in any suit, action or proceeding related to this Guaranty and represents
and warrants that the Authorized Agent has accepted such designation and (ii) agrees that service of process upon the Authorized Agent
and written notice of said service to the Guarantor mailed or delivered by a recognized international courier service (with proof of delivery)
to its Secretary or any Assistant Secretary at its office at 1391 Timberlake Manor Parkway, Chesterfield, Missouri 63017, shall be deemed
in every respect effective service of process upon the Guarantor in any such suit or proceeding.&nbsp;&nbsp;The Guarantor further agrees
to take any and all action, including the execution and filing of any and all such documents and instruments, as may be necessary to continue
such designation and appointment of the Authorized Agent in full force and effect so long as the Guaranty is in existence.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Waiver
of Immunities</U>.&nbsp;&nbsp;To the extent that the Guarantor or any of its properties, assets or revenues may have or may hereafter
become entitled to, or have attributed to them, any right of immunity, on the grounds of sovereignty, from any legal action, suit or proceeding,
from set-off or counterclaim, from the jurisdiction of any court, from service of process, from attachment upon or prior to judgment,
or from attachment in aid of execution of judgment, or from execution of judgment, or other legal process or proceeding for the giving
of any relief or for the enforcement of any judgment, in any jurisdiction in which proceedings may at any time be commenced, with respect
to its obligations, liabilities or any other matter under or arising out of or in connection with this Guaranty or any other Loan Documents
and Transaction Documents, the Guarantor hereby irrevocably and unconditionally, to the extent permitted by applicable law, waives and
agrees not to plead or claim any such immunity and consents to such relief and enforcement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Taxes</U>.&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Any payments by or on behalf of the Guarantor to the Administrative Agent hereunder shall be made free and clear of, and without deduction
or withholding for or on account of, any Taxes; <U>provided</U>, that if any Taxes are required to be deducted or withheld from any amounts
payable to the Administrative Agent, as determined in good faith by the applicable Withholding Agent, (x) the applicable Withholding Agent
shall be entitled to make such deduction or withholding and shall timely pay the amount deducted or withheld to the relevant Governmental
Authority in accordance with applicable law and (y) if such Tax is an Indemnified Tax, then the sum payable by the Guarantor to the Administrative
Agent shall be increased to the extent necessary so that after such deduction or withholding has been made (including such deductions
and withholdings applicable to additional sums payable under this Section), the Administrative Agent receives an amount equal to the sum
it would have received had no such withholding or deduction been made.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Whenever
any Indemnified Taxes are payable by the Guarantor, as promptly as possible thereafter the Guarantor shall send to the Administrative
Agent for its own account or for the account of the relevant Lender, as the case may be, a certified copy of an original official receipt
received by the Guarantor showing payment thereof, a copy of the tax return reporting such payment or other evidence of such payment reasonably
satisfactory to the Administrative Agent. The Guarantor shall indemnify the Administrative Agent (for its own benefit or for the benefit
of a Lender), within ten (10) days after demand therefor, for the full amount of any Indemnified Taxes (including Indemnified Taxes imposed
or asserted on or attributable to amounts payable under this Section) payable or paid by the Administrative Agent or any Lender or required
to be withheld or deducted from a payment to the Administrative Agent or any Lender and any reasonable expenses arising therefrom or with
respect thereto, whether or not such Indemnified Taxes were correctly or legally imposed or asserted by the relevant Governmental Authority.
A certificate as to the amount of such payment or liability delivered to the Guarantor by the Administrative Agent on its own behalf or
on behalf of a Lender, shall be conclusive absent manifest error.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
any Lender (or participant) is entitled to an exemption from or reduction of withholding Tax with respect to payments made hereunder,
the Administrative Agent shall obtain from such Lender and shall deliver to the Guarantor, at the time or times prescribed by applicable
law or reasonably requested by the Guarantor, such properly completed and executed documentation prescribed by applicable law as will
permit such payments to be made without withholding or at a reduced rate, provided that such Lender (or participant) is legally entitled
to complete, execute and deliver such documentation and in such Lender&#8217;s (or participant&#8217;s) reasonable judgment such completion,
execution or submission would not materially prejudice the legal or commercial position of such Lender (or participant).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
the Administrative Agent or a Lender determines, in its sole good faith discretion, that it has received a refund of any Indemnified Taxes
as to which the Administrative Agent has been indemnified by the Guarantor or with respect to which the Guarantor has paid additional
amounts pursuant to this <U>Section 18(e)</U>, the Administrative Agent (on its own behalf or on behalf of such Lender) shall pay to the
Guarantor an amount equal to such refund (but only to the extent of indemnity payments made, or additional amounts paid, by the Guarantor
under this <U>Section 18(e)</U> with respect to Indemnified Taxes giving rise to such refund), net of all out-of-pocket expenses of the
Administrative Agent or such Lender and without interest (other than any interest paid by the relevant Governmental Authority with respect
to such refund); provided, that the Guarantor agrees to pay, upon the request of the Administrative Agent, the amount paid over to the
Guarantor pursuant to this <U>Section 18(e)(iv)</U> (plus any penalties, interest or other charges imposed by the relevant Governmental
Authority) to the Administrative Agent (for its own benefit or for the benefit of such Lender) in the event that the Administrative Agent
or such Lender is required to repay such refund to such Governmental Authority. Notwithstanding anything to the contrary in this <U>Section
18(e)(iv)</U>, in no event will the indemnified party be required to pay any amount to an indemnifying party pursuant to this <U>Section
18(e)(iv)</U> the payment of which would place the indemnified party in a less favorable net after-tax position than the indemnified party
would have been in if the Tax subject to indemnification and giving rise to such refund had not been deducted, withheld or otherwise imposed
and the indemnification payments or additional amounts giving rise to such refund had never been paid. This <U>Section 18(e)(iv)</U> shall
not be construed to require the Administrative Agent or a Lender to make available its Tax returns (or any other information relating
to its Taxes that it deems confidential) to the Guarantor.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Judgment
Currency</U>.&nbsp;&nbsp;The obligations of the Guarantor in respect of any sum due to the Administrative Agent or any Lender hereunder
or any holder of the obligations owing hereunder (the &#8220;<U>Applicable Creditor</U>&#8221;) shall, notwithstanding any judgment in
a currency (the &#8220;<U>Judgment Currency</U>&#8221;) other than the currency in which such sum is stated to be due hereunder (the &#8220;<U>Agreement
Currency</U>&#8221;), be discharged only to the extent that, on the Business Day following receipt by the Applicable Creditor of any sum
adjudged to be so due in the Judgment Currency, the Applicable Creditor may in accordance with normal banking procedures in the relevant
jurisdiction purchase the Agreement Currency with the Judgment Currency; if the amount of the Agreement Currency so purchased is less
than the sum originally due to the Applicable Creditor in the Agreement Currency, the Guarantor as a separate obligation and notwithstanding
any such judgment, agrees to indemnify the Applicable Creditor against such loss.&nbsp;&nbsp;The obligations of the Guarantor contained
in this Section shall survive the termination of this Guaranty and the Credit Agreement and the payment of all other amounts owing hereunder
and thereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Section 19.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B><U>WAIVER
OF JURY TRIAL.&nbsp;&nbsp;</U>THE GUARANTOR HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVES TRIAL BY JURY IN ANY LEGAL ACTION OR PROCEEDING
RELATING TO THIS GUARANTY, ANY OTHER LOAN DOCUMENT OR FOR ANY TRANSACTIONS CONTEMPLATED BY THIS GUARANTY AND FOR ANY COUNTERCLAIM THEREIN.&nbsp;&nbsp;THE
GUARANTOR ACKNOWLEDGES THAT (A) THIS WAIVER IS A MATERIAL INDUCEMENT TO ENTER INTO THIS GUARANTY, (B) IT HAS RELIED ON THIS WAIVER IN
ENTERING INTO THIS GUARANTY AND (C) IT WILL CONTINUE TO RELY ON THIS WAIVER IN FUTURE DEALINGS RELATED TO THIS GUARANTY.&nbsp;&nbsp;THE
GUARANTOR REPRESENTS THAT IT HAS REVIEWED THIS WAIVER WITH ITS LEGAL ADVISERS AND THAT IT KNOWINGLY AND VOLUNTARILY WAIVES ITS JURY TRIAL
RIGHTS AFTER CONSULTATION WITH ITS LEGAL ADVISERS.&nbsp;&nbsp;IN THE EVENT OF ANY LEGAL PROCEEDING RELATING TO THIS GUARANTY, ANY OTHER
LOAN DOCUMENT OR FOR ANY TRANSACTIONS CONTEMPLATED BY THIS GUARANTY, THIS GUARANTY MAY BE FILED AS EVIDENCE OF THE GUARANTOR&#8217;S WAIVER
OF A TRIAL BY JURY.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Section 20.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Reinstatement</U>.&nbsp;&nbsp;This
Guaranty shall be reinstated to the extent of payments made to the Guarantor as reimbursement of amounts advanced by the Guarantor hereunder.&nbsp;&nbsp;The
Guarantor agrees that this Guaranty shall continue to be effective or be reinstated, as the case may be, if at any time any part of any
payment of principal of, or interest on, the Guaranty Obligations is stayed, rescinded or must otherwise be restored by the Administrative
Agent upon the bankruptcy or reorganization of BLFC or any other Person.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Section 21.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Rabobank
Conflict Waive</U>r.&nbsp;&nbsp;Rabobank acts as Administrative Agent and Lender and may provide other services or facilities from time
to time (the &#8220;<U>Rabobank Roles</U>&#8221;).&nbsp;&nbsp;The Guarantor and each other party hereto acknowledges and consents to any
and all Rabobank Roles, waives any objections it may have to any actual or potential conflict of interest caused by Rabobank acting as
Administrative Agent or as Lender hereunder and acting as or maintaining any of the Rabobank Roles, and agrees that in connection with
any Rabobank Role, Rabobank may take, or refrain from taking, any action which it in its discretion deems appropriate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Section 22.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Setoff</U>.&nbsp;&nbsp;In
addition to any rights now or hereafter granted under applicable law and not by way of limitation of any such rights, upon the occurrence
of an Event of Default or a Series 2002-1 Early Amortization Event, each Lender is hereby authorized at any time or from time to time,
without notice to the Guarantor or to any other Person, any such notice being hereby expressly waived to the extent permitted by applicable
law, to set off and to appropriate and apply any and all deposits (general or special) and any other indebtedness at any time held or
owing by such Lender, to or for the credit or the account of the Guarantor against and on account of the obligations and liabilities of
the Guarantor to such Lender, as applicable, under this Guaranty or any other Loan Document, including, without limitation, all claims
of any nature or description arising out of or connected with this Guaranty or any other Loan Document, irrespective of whether or not
such Lender shall have made any demand hereunder and although said obligations, liabilities or claims, or any of them, shall be contingent
or unmatured.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">If any Lender, whether by
setoff or otherwise, has payment made to it under this Guaranty or any other Loan Document upon its Loans in a greater proportion than
that received by any other Lender, such Lender agrees, promptly upon demand, to purchase a portion of the Loans held by the other Lenders
so that after such purchase each Lender will hold its ratable proportion of Loans.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">[Signature Page Follows]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">IN WITNESS WHEREOF, the Guarantor
has caused this Guaranty to be duly executed by its officers thereunto duly authorized, as of the date first written above.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 279pt; text-align: justify">GUARANTOR:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 279pt; text-align: justify">BUNGE LIMITED,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 279pt; text-align: justify">a Bermuda company</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 279pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 279pt; text-align: justify">By: <U>/s/ Rajat Gupta</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 279pt; text-align: justify">Name: Rajat Gupta</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 24pt 279pt; text-align: justify">Title: &nbsp;&nbsp;Treasurer</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 279pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 279pt; text-align: justify">By: <U>/s/ Lisa Ware-Alexander</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 279pt; text-align: justify">Name: Lisa Ware-Alexander</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 24pt 279pt; text-align: justify">Title: &nbsp;&nbsp;Secretary</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 24pt 3.2in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 24pt 3.2in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 24pt 3.2in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 24pt 3.2in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">[Signature Page to Bunge Limited Guaranty]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-right: 0; margin-bottom: 0pt; text-align: justify"></P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 24pt 3.2in; text-align: right">Schedule I</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B><U>Material Adverse Effect</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">None.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: right">Schedule II</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B><U>Environmental Matters</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">This Schedule II to the Guaranty hereby incorporates
by reference all disclosures related to environmental matters set forth in (i) the Guarantor&#8217;s Annual Report on Form 10-K for the
fiscal year ended December 31, 2020, which was filed by the Guarantor on February 19, 2021 and (ii) the Guarantor&#8217;s Quarterly Report
on Form 10-Q for the fiscal quarter ended March 31, 2021, which was filed by the Guarantor on May 4, 2021.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: right">Schedule III</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B><U>Defaulted Facilities</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">None.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: right">Schedule IV</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B><U>Designated Obligors</U></B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 64%; padding-right: 5.4pt; padding-left: 5.4pt">Name</TD>
    <TD STYLE="width: 36%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><U>Percentage Directly or Indirectly</U></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><U>Owned by BL</U></P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">Bunge Limited</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">--</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">Bunge Global Markets Inc.</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">100%</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">Bunge N.A. Holdings, Inc.</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">100%</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">Bunge North America, Inc.</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">100%</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">Koninklijke Bunge B.V.</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">100%</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">Bunge Argentina S.A.</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">100%</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">Bunge S.A.</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">100%</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">Bunge Alimentos S.A.</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">100%</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">Bunge Fertilizantes S.A. (Brazil)</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">100%</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">Bunge International Commerce Ltd. </TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">100%</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Bunge Trade Limited (successor</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">to Bunge Fertilizantes International Limited)</P></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">100%</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: right">Schedule V</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B><U>Material Contingent Liabilities and Material
Disposition or Acquisition of Assets</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">This Schedule V to the Guaranty hereby incorporates
by reference all disclosures set forth in (i) the Guarantor&#8217;s Annual Report on Form 10-K for the fiscal year ended December 31,
2020, which was filed by the Guarantor on February 19, 2021 and (ii) the Guarantor&#8217;s Quarterly Report on Form 10-Q for the fiscal
quarter ended March 31, 2021, which was filed by the Guarantor on May 4, 2021.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: right">Schedule VI</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B><U>Material Litigation</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">This Schedule VI to the Guaranty hereby incorporates
by reference all disclosures related to legal proceedings set forth in (i) the Guarantor&#8217;s Annual Report on Form 10-K for the fiscal
year ended December 31, 2020, which was filed by the Guarantor on February 19, 2021 and (ii) the Guarantor&#8217;s Quarterly Report on
Form 10-Q for the fiscal quarter ended March 31, 2021, which was filed by the Guarantor on May 4, 2021.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B><U>ANNEX A</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&#8220;Adjusted Capitalization&#8221;:&nbsp;&nbsp;the
sum of the Guarantor&#8217;s Consolidated Net Worth and the Guarantor&#8217;s consolidated Adjusted Net Debt.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&#8220;Adjusted Net Debt&#8221;:&nbsp;&nbsp;with
respect to any Person on any date of determination, (a) the aggregate principal amount of Indebtedness of such Person on such date (including,
without limitation, letter of credit obligations of such Person) <U>minus</U> (b) the sum of all cash, time deposits, marketable securities
and Liquid Inventory of such Person on such date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&#8220;Adjusted Total Consolidated Current
Liabilities&#8221;: (a) the total consolidated current liabilities of the Guarantor and its consolidated Subsidiaries determined on a
consolidated basis in accordance with GAAP <U>minus</U> (b) the total letter of credit obligations under any trade structured finance
program of the Guarantor and its consolidated Subsidiaries <U>minus</U> (c) the total sum of all drawings under any revolving credit facility
that has a maturity, as of any test date, greater than or equal to twelve (12) months from such test date <U>minus</U> (d) any drawings
under a commercial paper program, including the Commercial Paper (as defined in Annex X), so long as the drawn portion thereunder is supported
by undrawn commitments under a revolving credit facility, including the Liquidity Agreement (as defined in Annex X) that has a maturity,
as of any test date, greater than or equal to twelve (12) months from such test date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&#8220;Anti-Corruption Laws&#8221;: all laws,
rules and regulations of any jurisdiction applicable to the Guarantor or any of its Subsidiaries from time to time concerning or relating
to bribery or corruption.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&#8220;BL&#8221;: as defined in the preamble
hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&#8220;BLFC&#8221;:&nbsp;&nbsp;Bunge Limited
Finance Corp., a Delaware corporation, and its successors and permitted assigns.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&#8220;Blocking Regulation&#8221;:&nbsp;&nbsp;as
defined in <U>subsection 7(t)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&#8220;Bunge Funding&#8221;:&nbsp;&nbsp;Bunge
Funding, Inc., a Delaware corporation, and its successors and permitted assigns.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&#8220;Consolidated Net Worth&#8221;:&nbsp;&nbsp;the
Net Worth of the Guarantor and its consolidated Subsidiaries determined on a consolidated basis in accordance with GAAP, plus minority
interests in Subsidiaries.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&#8220;Credit Agreement&#8221;:&nbsp;&nbsp;as
defined in the preamble hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&#8220;Dollars&#8221; and &#8220;<U>$</U>&#8221;:&nbsp;&nbsp;dollars
in lawful currency of the United States.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&#8220;EDGAR&#8221;:&nbsp;&nbsp;the Electronic
Data-Gathering, Analysis and Retrieval system, which performs automated collection, validation, indexing and forwarding of submissions
by Persons who are required by law to file forms with the U.S. Securities and Exchange Commission.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&#8220;Environmental Claim&#8221;:&nbsp;&nbsp;any
and all administrative, regulatory or judicial actions, suits, demands, demand letters, claims, liens, notices of non-compliance or violation,
investigations or proceedings relating in any way to any Environmental Law or any permit issued under any such law (hereinafter &#8220;Claims&#8221;),
including, without limitation, (a) any and all Claims by governmental or regulatory authorities for enforcement, cleanup, removal, response,
remedial or other actions or damages pursuant to any applicable Environmental Law and (b) any and all Claims by any third party seeking
damages, contribution, indemnification, cost recovery, compensation or injunctive relief resulting or arising from alleged or actual injury
or threat of injury to the environment by reason of a violation of or liability arising under any Environmental Law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&#8220;Excluded Taxes&#8221;:&nbsp;&nbsp;has
the meaning assigned to such term in the Credit Agreement, <U>provided</U>, <U>however</U>, that, for the avoidance of doubt, such term
shall include the Taxes set forth in such definition that are imposed on, or required to be withheld or deducted from a payment to, the
Administrative Agent or any Lender under any Loan Document.&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&#8220;Guarantor&#8221;:&nbsp;&nbsp;as defined
in the preamble hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&#8220;Guaranty&#8221;:&nbsp;&nbsp;as defined
in the preamble hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&#8220;Guaranty Obligations&#8221;:&nbsp;&nbsp;as
defined in <U>Section 2</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&#8220;Hazardous Materials&#8221;:&nbsp;&nbsp;(a)
any petroleum or petroleum products, radioactive materials, asbestos in any form that is or could become friable, urea formaldehyde foam
insulation, transformers or other equipment that contain dielectric fluid containing levels of polychlorinated biphenyls, and radon gas;
(b) any chemicals, materials or substances defined as or included in the definition of &#8220;hazardous substances,&#8221; &#8220;hazardous
waste,&#8221; &#8220;hazardous materials,&#8221; &#8220;extremely hazardous waste,&#8221; &#8220;restricted hazardous waste,&#8221; &#8220;toxic
substances,&#8221; &#8220;toxic pollutants,&#8221; &#8220;contaminants,&#8221; or &#8220;pollutants,&#8221; or words of similar import,
under any applicable Environmental Law; and (c) any other chemical, material or substance, exposure to which is prohibited, limited or
regulated by any governmental authority having jurisdiction over the Guarantor or its Subsidiaries and the manufacturing, trading or extraction
of which constitutes a material portion of the business of the Guarantor or any of its Subsidiaries.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&#8220;Indemnified Taxes&#8221;:&nbsp;&nbsp;(a)
Taxes, other than Excluded Taxes, imposed on or with respect to any payment made by or on account of any obligation of BLFC or the Guarantor
under any Loan Document and (b) to the extent not otherwise described in clause (a), Other Taxes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&#8220;Intercompany Loans&#8221;:&nbsp;&nbsp;Loans,
as defined in Annex X to the Pooling Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&#8220;Investor Certificates&#8221;:&nbsp;&nbsp;as
defined in Annex X to the Pooling Agreement.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&#8220;Judgment Currency&#8221;:&nbsp;&nbsp;as
defined in <U>subsection 18(f)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&#8220;Liquid Inventory&#8221;:&nbsp;&nbsp;as
to the Guarantor and its consolidated Subsidiaries at any time, its inventory at such time of commodities which are traded on any recognized
commodities exchange, valued depending on the type of such commodity at either (a) the lower of cost or the market value at such time
or (b) the market value at such time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&#8220;Net Worth&#8221;:&nbsp;&nbsp;with respect
to any Person, the sum of such Person&#8217;s capital stock, capital in excess of par or stated value of shares of its capital stock,
retained earnings and any other account which, in accordance with GAAP, constitutes stockholders&#8217; equity, excluding any treasury
stock.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&#8220;Notice Address&#8221;:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 36%; border: Black 1pt solid; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">Administrative Agent:&#9;</FONT></TD>
    <TD STYLE="width: 5%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="width: 59%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Rabobank Co&ouml;peratieve U.A., New York Branch</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">245 Park Avenue, 38<SUP>th</SUP> Floor</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">New York, New York 10167-0062</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Attention:&nbsp;&nbsp;Anna Marie Ybanez, Agency Services Phone:&nbsp;&nbsp;212-574-7334</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Fax:&nbsp;&nbsp;914-304-9327</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Email:&nbsp;&nbsp;fm.am.SyndicatedLoans@rabobank.com</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-right: 0; margin-left: 0">with a copy to:&nbsp;&nbsp;Annamarie.Ybanez@rabobank.com</P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">Guarantor:</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0 0">Bunge Limited</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">1391 Timberlake Manor Parkway</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Chesterfield, Missouri 63017</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Attention:&nbsp;&nbsp;Treasurer</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Tel. No:&nbsp;&nbsp;(636) 292-3029</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">Telecopy:&nbsp;&nbsp;(636) 292-4029</P></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&#8220;Obligor&#8221;:&nbsp;&nbsp;as defined
in Annex X to the Pooling Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&#8220;OFAC&#8221;:&nbsp;&nbsp;the Office of
Foreign Assets Control of the U.S. Department of the Treasury.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&#8220;Permitted Secured Indebtedness&#8221;:&nbsp;&nbsp;any
Secured Indebtedness that:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 24pt; text-align: justify">(a) is secured by any mechanic, laborer, workmen,
repairmen, materialmen, supplier, carrier, warehousemen, landlord or vendor Lien or any other Lien provided for by mandatory provisions
of law, any order, attachment or similar legal process arising in connection with a court or other similar proceeding, any tax, charge
or assessment ruling or required by any Governmental Authority under any other similar circumstances;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 24pt; text-align: justify">(b) is incurred or assumed solely for the purpose
of financing all or any part of the cost of constructing or acquiring Property, and any Secured Indebtedness extending, renewing or replacing,
in whole or in part Secured Indebtedness permitted pursuant to this clause (b), so long as the principal amount of the Secured Indebtedness
secured by such Lien does not exceed its original principal amount;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 24pt; text-align: justify">(c) is secured by Property existing prior to
the acquisition of such Property or the acquisition of any Subsidiary that is the owner of such Property and is not incurred in contemplation
of such acquisition and any Secured Indebtedness extending, renewing or replacing, in whole or in part Secured Indebtedness permitted
pursuant to this clause (c), so long as the principal amount of the Secured Indebtedness secured by such Lien does not exceed its original
principal amount;<BR>
<BR>
(d) is owed by any Subsidiary to the Guarantor or any other Subsidiary;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 24pt; text-align: justify">(e) is secured by any accounts receivable from
or invoices to export customers (including, but not limited to, Subsidiaries), any contracts to sell, purchase or receive commodities
to or from export customers and any cash collateral and proceeds thereof;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 24pt; text-align: justify">(f) is incurred pursuant to the Loan Documents
or Transaction Documents;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 24pt; text-align: justify">(g) is secured by accounts receivable and other
related assets arising in connection with transfers thereof to the extent such transfers are treated as true sales;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 24pt; text-align: justify">(h) is secured by a Lien on any checking account,
saving account, clearing account, futures account, deposit account, securities account, brokerage account, custody account or other account
(or on any assets held in such account), securing obligations under any agreement or arrangement related to the opening of or provision
of clearing, pooling, zero-balancing, brokerage, settlement, margin or other services related to such account (or on any assets held in
such account), which customarily exist on similar accounts (or on any assets held in such accounts) of corporations in connection with
the opening of, or provision of clearing, pooling, zero-balancing, brokerage, settlement, margin or other services related, to such accounts;
or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 24pt; text-align: justify">(i) is incurred in connection with letters
of credit or other similar instruments issued in the normal course of business of the Guarantor or any Subsidiary, including without limitation,
obligations under reimbursement agreements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&#8220;Plan&#8221;:&nbsp;&nbsp;a Single Employer
Plan or a Multiple Employer Plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&#8220;Property&#8221;:&nbsp;&nbsp;any of the
Guarantor&#8217;s or any Subsidiary&#8217;s present or future property including any asset, revenue, or right to receive income or any
other property, whether tangible or intangible, real or personal.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&#8220;Rabobank Roles&#8221;:&nbsp;&nbsp;as
defined in <U>Section 21</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&#8220;Restricted Party&#8221;:&nbsp;&nbsp;any
person listed:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">(a) in the Annex to the
Executive Order;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">(b) on the &#8220;Specially
Designated Nationals and Blocked Persons&#8221; list maintained by OFAC; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">(c) in any successor list
to either of the foregoing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&#8220;Secured Indebtedness&#8221;:&nbsp;&nbsp;all
Indebtedness incurred by the Guarantor and any of its Subsidiaries (without duplication) which is secured by Property pledged by the Guarantor
or any Subsidiary.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&#8220;Total Consolidated Current Assets&#8221;:&nbsp;&nbsp;(a)
the total consolidated current assets of the Guarantor and its consolidated Subsidiaries determined on a consolidated basis in accordance
with GAAP, <U>minus</U> (b) the total time deposits under any trade structured finance program of the Guarantor and its consolidated Subsidiaries.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&#8220;Total Tangible Assets&#8221;:&nbsp;&nbsp;at
any date of determination, the total amount of assets of the Guarantor and its Subsidiaries (without duplication and excluding any asset
owned by the Guarantor or any Subsidiary that represents an obligation of the Guarantor or any other Subsidiary to such Subsidiary or
Guarantor) after deducting therefrom all goodwill, trade names, trademarks, patents, licenses, copyrights and other intangible assets.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0pt; text-align: center">Annex A - 5</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-align: justify"></P>

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<DOCUMENT>
<TYPE>EX-10.5
<SEQUENCE>9
<FILENAME>ss373914_ex1005.htm
<DESCRIPTION>FOURTEENTH AMENDED AND RESTATED LIQUIDITY AGREEMENT, DATED JULY 16, 2021
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
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<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="text-align: right; margin: 0"><B><U>Exhibit 10.5</U></B></P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

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<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0.25in; text-align: justify"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">FOURTEENTH AMENDED AND RESTATED</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">LIQUIDITY AGREEMENT</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0.25in; text-align: center">among</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">BUNGE ASSET FUNDING CORP.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">THE FINANCIAL INSTITUTIONS LISTED</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">ON THE SIGNATURE PAGES HERETO</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">CITIBANK, N.A.,</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">as Syndication Agent,</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">BNP PARIBAS,</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">CO&Ouml;PERATIEVE RABOBANK, U.A., NEW YORK BRANCH,</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">MIZUHO BANK, LTD.,</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="text-transform: uppercase">Sumitomo
Mitsui BankING Corporation</FONT><BR>
and<BR>
U.S. BANK NATIONAL ASSOCIATION,</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">as Co-Documentation Agents,</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">and</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">JPMORGAN CHASE BANK, N.A.,</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">as Administrative Agent</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">Dated as of July 16, 2021</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">Citibank, N.A. and JPMorgan Chase Bank, N.A.,<BR>
as Lead Arrangers</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">BNP Paribas Securities Corp., Co&ouml;peratieve
Rabobank, U.A., New York Branch, Mizuho Bank, Ltd., Sumitomo Mitsui Banking Corporation and U.S. Bank National Association,</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">as Joint Lead Arrangers<BR>
<BR>
and<BR>
<BR>
Citibank, N.A., JPMorgan Chase Bank, N.A., BNP Paribas Securities Corp., Co&ouml;peratieve Rabobank, U.A., New York Branch, Mizuho
Bank, Ltd., Sumitomo Mitsui Banking Corporation and U.S. Bank National Association,</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">as Bookrunners</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><FONT STYLE="text-transform: uppercase"><B>TABLE
OF CONTENTS</B></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: right">&#9;PAGE</P>



<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%">
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="width: 70%; font-size: 12pt; text-align: left; text-indent: -1in; padding-left: 1in">ARTICLE I DEFINITIONS</TD><TD STYLE="width: 10%; font-size: 12pt">&nbsp;</TD>
    <TD STYLE="width: 1%; font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="width: 18%; font-size: 12pt; text-align: right">1</TD><TD STYLE="width: 1%; font-size: 12pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1.25in; padding-left: 1.45in">SECTION 1.01&nbsp;&nbsp;&nbsp;<U>Definitions</U></TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">1</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1.25in; padding-left: 1.45in">SECTION 1.02&nbsp;&nbsp;&nbsp;<U>Interest Rates; LIBOR Notification</U></TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">3</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1.25in; padding-left: 1.45in">SECTION 1.03&nbsp;&nbsp;&nbsp;<U>Divisions</U></TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">4</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1in; padding-left: 1in">ARTICLE II COMMERCIAL PAPER OPERATIONS</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">4</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1.25in; padding-left: 1.45in">SECTION 2.01&nbsp;&nbsp;&nbsp;<U>Issuance of Commercial Paper</U>.</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">4</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1.25in; padding-left: 1.45in">SECTION 2.02&nbsp;&nbsp;&nbsp;<U>Commercial Paper Account; Payment of Commercial Paper</U>.</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">5</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1in; padding-left: 1in">ARTICLE III LIQUIDITY LOANS</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">6</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1.25in; padding-left: 1.45in">SECTION 3.01&nbsp;&nbsp;&nbsp;<U>Liquidity Loans</U>.</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">6</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1.25in; padding-left: 1.45in">SECTION 3.02&nbsp;&nbsp;&nbsp;<U>The Liquidity Loan Notes</U>.</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">12</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1.25in; padding-left: 1.45in">SECTION 3.03&nbsp;&nbsp;&nbsp;<U>Interest</U>.</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">13</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1.25in; padding-left: 1.45in">SECTION 3.04&nbsp;&nbsp;&nbsp;<U>Responsibilities of Each Liquidity Bank</U></TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">13</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1.25in; padding-left: 1.45in">SECTION 3.05&nbsp;&nbsp;&nbsp;<U>Confirming Letters of Credit</U></TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">13</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
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    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1in; padding-left: 1in">ARTICLE IV OTHER CREDIT TERMS</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">14</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1.25in; padding-left: 1.45in">SECTION 4.01&nbsp;&nbsp;&nbsp;<U>Fees</U>.</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">14</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1.25in; padding-left: 1.45in">SECTION 4.02&nbsp;&nbsp;&nbsp;<U>Termination or Reduction of the Aggregate Liquidity Commitment</U>.</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">15</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1.25in; padding-left: 1.45in">SECTION 4.03&nbsp;&nbsp;&nbsp;<U>Extensions of the Aggregate Liquidity Commitment</U>.</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">16</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1.25in; padding-left: 1.45in">SECTION 4.04&nbsp;&nbsp;&nbsp;<U>Proceeds</U></TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">19</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1.25in; padding-left: 1.45in">SECTION 4.05&nbsp;&nbsp;&nbsp;<U>Increased Costs; Capital Adequacy</U>.</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">20</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1.25in; padding-left: 1.45in">SECTION 4.06&nbsp;&nbsp;&nbsp;<U>Taxes</U>.</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">23</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1.25in; padding-left: 1.45in">SECTION 4.07&nbsp;&nbsp;&nbsp;<U>Addition, Removal and Downgrading of Liquidity Banks</U></TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">27</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1.25in; padding-left: 1.45in">SECTION 4.08&nbsp;&nbsp;&nbsp;<U>Illegality</U></TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">27</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1.25in; padding-left: 1.45in">SECTION 4.09&nbsp;&nbsp;&nbsp;<U>Alternate Rate of Interest</U></TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">28</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1in; padding-left: 1in">ARTICLE V PAYMENTS</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">31</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1.25in; padding-left: 1.45in">SECTION 5.01&nbsp;&nbsp;&nbsp;<U>Payments on Non-Business Days</U></TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">31</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1.25in; padding-left: 1.45in">SECTION 5.02&nbsp;&nbsp;&nbsp;<U>Prepayments</U>.</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">31</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1.25in; padding-left: 1.45in">SECTION 5.03&nbsp;&nbsp;&nbsp;<U>Cash Collateral Account</U></TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">31</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1.25in; padding-left: 1.45in">SECTION 5.04&nbsp;&nbsp;&nbsp;<U>Method and Place of Payment, etc</U>.</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">32</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1.25in; padding-left: 1.45in">SECTION 5.05&nbsp;&nbsp;&nbsp;<U>Draws on and Exchange of the Letter of Credit</U>.</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">32</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
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    <TD STYLE="width: 70%; font-size: 12pt; text-align: left; text-indent: -1in; padding-left: 1in">ARTICLE VI CONDITIONS PRECEDENT</TD><TD STYLE="width: 10%; font-size: 12pt">&nbsp;</TD>
    <TD STYLE="width: 1%; font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="width: 18%; font-size: 12pt; text-align: right">34</TD><TD STYLE="width: 1%; font-size: 12pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1.25in; padding-left: 1.45in">SECTION 6.01&nbsp;&nbsp;&nbsp;<U>Conditions to Effectiveness</U></TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">34</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1.25in; padding-left: 1.45in">SECTION 6.02&nbsp;&nbsp;&nbsp;<U>Conditions to Each Issuance of Commercial Paper</U></TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">37</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1.25in; padding-left: 1.45in">SECTION 6.03&nbsp;&nbsp;&nbsp;<U>Conditions Precedent to the Making of Each Liquidity Loan</U></TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">38</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1.25in; padding-left: 1.45in">SECTION 6.04&nbsp;&nbsp;&nbsp;<U>Conditions to the Making of any Liquidity Loan Pursuant to subsection 3.01(a)(v)</U></TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">38</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1in; padding-left: 1in">ARTICLE VII COVENANTS</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">39</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1.25in; padding-left: 1.45in">SECTION 7.01&nbsp;&nbsp;&nbsp;<U>Affirmative Covenants</U></TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">39</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1.25in; padding-left: 1.45in">SECTION 7.02&nbsp;&nbsp;&nbsp;<U>Negative Covenants</U></TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">41</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1in; padding-left: 1in">ARTICLE VIII MANDATORY LIQUIDATION EVENTS,&nbsp; MANDATORY CP WIND-DOWN EVENTS AND REMEDIES</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">43</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1.25in; padding-left: 1.45in">SECTION 8.01&nbsp;&nbsp;&nbsp;<U>Mandatory Liquidation Events</U></TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">43</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1.25in; padding-left: 1.45in">SECTION 8.02&nbsp;&nbsp;&nbsp;<U>Mandatory CP Wind-Down Events</U></TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">46</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1.25in; padding-left: 1.45in">SECTION 8.03&nbsp;&nbsp;&nbsp;<U>Remedies</U>.</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">46</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1in; padding-left: 1in">ARTICLE IX REPRESENTATIONS AND WARRANTIES</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">47</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1.25in; padding-left: 1.45in">SECTION 9.01&nbsp;&nbsp;&nbsp;<U>Corporate Existence</U></TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">47</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1.25in; padding-left: 1.45in">SECTION 9.02&nbsp;&nbsp;&nbsp;<U>Corporate Power; Authorization; Enforceable Obligation</U></TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">47</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1.25in; padding-left: 1.45in">SECTION 9.03&nbsp;&nbsp;&nbsp;<U>No Legal Bar</U></TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">48</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1.25in; padding-left: 1.45in">SECTION 9.04&nbsp;&nbsp;&nbsp;<U>No Material Litigation</U></TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">48</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1.25in; padding-left: 1.45in">SECTION 9.05&nbsp;&nbsp;&nbsp;<U>Security Interest</U>.</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">48</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1.25in; padding-left: 1.45in">SECTION 9.06&nbsp;&nbsp;&nbsp;<U>Commercial Paper; Investment Company Act</U></TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">49</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1.25in; padding-left: 1.45in">SECTION 9.07&nbsp;&nbsp;&nbsp;<U>Securities Act</U></TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">49</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1.25in; padding-left: 1.45in">SECTION 9.08&nbsp;&nbsp;&nbsp;<U>Accuracy of Information</U></TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">49</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1.25in; padding-left: 1.45in">SECTION 9.09&nbsp;&nbsp;&nbsp;<U>Taxes and ERISA Liability</U></TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">49</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1.25in; padding-left: 1.45in">SECTION 9.10&nbsp;&nbsp;&nbsp;<U>Federal Regulations</U></TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">49</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1.25in; padding-left: 1.45in">SECTION 9.11&nbsp;&nbsp;&nbsp;<U>No Change</U></TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">50</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1.25in; padding-left: 1.45in">SECTION 9.12&nbsp;&nbsp;&nbsp;<U>Solvency</U></TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">50</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
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    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1.25in; padding-left: 1.45in">SECTION 9.13&nbsp;&nbsp;&nbsp;<U>Sanctions</U>.</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">50</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1.25in; padding-left: 1.45in">SECTION 9.14&nbsp;&nbsp;&nbsp;<U>Financial Institution</U></TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">50</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1in; padding-left: 1in">ARTICLE X THE ADMINISTRATIVE AGENT AND THE LIQUIDITY BANKS</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">51</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1.25in; padding-left: 1.45in">SECTION 10.01&nbsp;&nbsp;&nbsp;<U>Appointment of the Administrative Agent</U></TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">51</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1.25in; padding-left: 1.45in">SECTION 10.02&nbsp;&nbsp;&nbsp;<U>Resignation of the Administrative Agent</U></TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">54</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1.25in; padding-left: 1.45in">SECTION 10.03&nbsp;&nbsp;&nbsp;<U>Obligations Several</U></TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">55</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1.25in; padding-left: 1.45in">SECTION 10.04&nbsp;&nbsp;&nbsp;<U>Multiple Capacities</U></TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">55</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1.25in; padding-left: 1.45in">SECTION 10.05&nbsp;&nbsp;&nbsp;<U>Agent Communications</U></TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">55</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1.25in; padding-left: 1.45in">SECTION 10.06&nbsp;&nbsp;&nbsp;<U>Documentation Agents, Lead Arranger and Bookrunner</U></TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">56</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1.25in; padding-left: 1.45in">SECTION 10.07&nbsp;&nbsp;&nbsp;<U>Certain ERISA Matters</U></TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">56</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1.25in; padding-left: 1.45in">SECTION 10.08&nbsp;&nbsp;&nbsp;<U>Erroneous Payments</U></TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">57</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
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    <TD STYLE="width: 70%; font-size: 12pt; text-align: left; text-indent: -1in; padding-left: 1in">ARTICLE XI MISCELLANEOUS</TD><TD STYLE="width: 10%; font-size: 12pt">&nbsp;</TD>
    <TD STYLE="width: 1%; font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="width: 18%; font-size: 12pt; text-align: right">59</TD><TD STYLE="width: 1%; font-size: 12pt; text-align: left">&nbsp;</TD></TR>
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    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1.25in; padding-left: 1.45in">SECTION 11.01&nbsp;&nbsp;&nbsp;<U>Computations</U></TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">59</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
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    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1.25in; padding-left: 1.45in">SECTION 11.02&nbsp;&nbsp;&nbsp;<U>Exercise of Rights</U></TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">59</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1.25in; padding-left: 1.45in">SECTION 11.03&nbsp;&nbsp;&nbsp;<U>Amendment and Waiver</U></TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">60</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1.25in; padding-left: 1.45in">SECTION 11.04&nbsp;&nbsp;&nbsp;<U>Expenses and Indemnification</U>.</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">62</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
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    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1.25in; padding-left: 1.45in">SECTION 11.05&nbsp;&nbsp;&nbsp;<U>Successors and Assigns</U>.</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">63</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1.25in; padding-left: 1.45in">SECTION 11.06&nbsp;&nbsp;&nbsp;<U>Notices, Requests, Demands</U></TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">66</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1.25in; padding-left: 1.45in">SECTION 11.07&nbsp;&nbsp;&nbsp;<U>Survival</U></TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">66</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1.25in; padding-left: 1.45in">SECTION 11.08&nbsp;&nbsp;&nbsp;<U>GOVERNING LAW</U></TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">66</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1.25in; padding-left: 1.45in">SECTION 11.09&nbsp;&nbsp;&nbsp;<U>Counterparts</U></TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">67</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1.25in; padding-left: 1.45in">SECTION 11.10&nbsp;&nbsp;&nbsp;<U>Setoff</U></TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">67</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
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    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1.25in; padding-left: 1.45in">SECTION 11.11&nbsp;&nbsp;&nbsp;<U>Further Assurances</U></TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">68</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1.25in; padding-left: 1.45in">SECTION 11.12&nbsp;&nbsp;&nbsp;<B><U>WAIVERS OF JURY TRIAL</U></B></TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">68</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
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    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1.25in; padding-left: 1.45in">SECTION 11.13&nbsp;&nbsp;&nbsp;<U>No Bankruptcy Petition Against BAFC; Liability of BAFC</U>.</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">68</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1.25in; padding-left: 1.45in">SECTION 11.14&nbsp;&nbsp;&nbsp;<U>No Recourse Loan</U></TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">68</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
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    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1.25in; padding-left: 1.45in">SECTION 11.15&nbsp;&nbsp;&nbsp;<U>Knowledge of BAFC</U></TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">68</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1.25in; padding-left: 1.45in">SECTION 11.16&nbsp;&nbsp;&nbsp;<U>Descriptive Headings</U></TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">68</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1.25in; padding-left: 1.45in">SECTION 11.17&nbsp;&nbsp;&nbsp;<U>Consent to Jurisdiction and Service of Process</U></TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">69</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1.25in; padding-left: 1.45in">SECTION 11.18&nbsp;&nbsp;&nbsp;<U>Confidentiality</U></TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">69</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1.25in; padding-left: 1.45in">SECTION 11.19&nbsp;&nbsp;&nbsp;<U>Acknowledgments</U></TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">70</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1.25in; padding-left: 1.45in">SECTION 11.20&nbsp;&nbsp;&nbsp;<U>Final Agreement</U></TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">70</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
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    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1.25in; padding-left: 1.45in">SECTION 11.21&nbsp;&nbsp;&nbsp;<U>U.S.A. PATRIOT Act</U></TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">70</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 12pt; text-align: left; text-indent: -1.25in; padding-left: 1.45in">SECTION 11.22&nbsp;&nbsp;&nbsp;<U>Acknowledgment and Consent to Bail-In of Affected Financial Institution</U></TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">71</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
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    <TD STYLE="width: 70%; font-size: 12pt; text-align: left; text-indent: -1in; padding-left: 1in">ANNEX Y&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;List of Liquidity Bank Percentages</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">Y-1</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
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    <TD STYLE="width: 70%; font-size: 12pt; text-align: left; text-indent: -1in; padding-left: 1in">EXHIBIT A&#9;&nbsp;&nbsp;&nbsp;&nbsp;Form of Liquidity Loan Note</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">A-1</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="width: 70%; font-size: 12pt; text-align: left; text-indent: -1in; padding-left: 1in">EXHIBIT B&#9;&nbsp;&nbsp;&nbsp;&nbsp;Form of Assignment and Assumption Agreement</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">B-1</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="width: 70%; font-size: 12pt; text-align: left; text-indent: -1in; padding-left: 1in">EXHIBIT C&#9;&nbsp;&nbsp;&nbsp;&nbsp;Form of Exemption Certificate</TD><TD STYLE="font-size: 12pt">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 12pt; text-align: right">C-1</TD><TD STYLE="font-size: 12pt; text-align: left">&nbsp;</TD></TR>
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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-indent: -1in">&#9;</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-indent: -1in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-indent: -1in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><FONT STYLE="text-transform: uppercase"><B>FOURTEENTH
AMENDED AND RESTATED</B></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><FONT STYLE="text-transform: uppercase"><B>LIQUIDITY
AGREEMENT</B></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">FOURTEENTH AMENDED
AND RESTATED LIQUIDITY AGREEMENT, dated as of July 16, 2021 (as amended, supplemented or otherwise modified in accordance with
the terms hereof and in effect from time to time, this &ldquo;<U>Agreement</U>&rdquo;), among BUNGE ASSET FUNDING CORP., a Delaware
corporation (hereinafter, together with its successors and assigns, called &ldquo;<U>BAFC</U>&rdquo;), the lenders that are parties
hereto (hereinafter each, together with its successors and assigns, a &ldquo;<U>Liquidity Bank</U>&rdquo;, and collectively, together
with their successors and assigns, the &ldquo;<U>Liquidity Banks</U>&rdquo;), and JPMORGAN CHASE BANK, N.A., a banking association,
as agent for the Liquidity Banks (hereinafter, together with its successors and assigns in such capacity, the &ldquo;<U>Administrative
Agent</U>&rdquo;)<I>.</I> This Agreement amends and restates that certain Thirteenth Amended and Restated Liquidity Agreement,
dated as of December 14, 2018, among BAFC, the Liquidity Banks and the Administrative Agent.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><FONT STYLE="text-transform: uppercase"><B>WITNESSETH</B></FONT><B>:</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">WHEREAS, BAFC proposes
to issue and sell its Commercial Paper in the United States commercial paper market and utilize the net proceeds thereof to make
advances under the Series 2000-1 VFC Certificate;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">WHEREAS, BAFC has
made application to the Liquidity Banks for the commitment of the Liquidity Banks to make loans to BAFC, the proceeds of which
shall be used to either make payments in respect of BAFC&rsquo;s Commercial Paper or to fund advances under the Series 2000-1 VFC
Certificate;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">WHEREAS, subject to
the terms and conditions set forth herein, the Liquidity Banks are willing to make such loans to BAFC; and</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">WHEREAS, BAFC desires
to utilize the facility provided by the Liquidity Banks under this Agreement both as a revolving credit facility and as a back-up
liquidity facility for any Commercial Paper issued by BAFC, and the Liquidity Banks intend to make such facility available for
both such purposes.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">NOW, THEREFORE, in
consideration of the premises and mutual covenants herein contained, the parties hereto agree as follows:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>ARTICLE I<FONT STYLE="text-transform: uppercase"><BR>
<BR>
DEFINITIONS</FONT></B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">SECTION 1.01&#9;<U>Definitions</U>.
Except as otherwise expressly provided below or elsewhere herein, or unless the context otherwise requires, capitalized terms used
herein shall have the meanings assigned to such terms in Annex X (as amended, supplemented or otherwise modified and in effect
from time to time, &ldquo;<U>Annex X</U>&rdquo;) attached to the Sixth Amended and Restated Pooling Agreement, dated as of August
31, 2020, among BAFC, Bunge Management Services, Inc., as the Servicer, and The Bank of New York Mellon, as Trustee (as amended,
supplemented or otherwise modified and in effect from time to time, the &ldquo;<U>Pooling Agreement</U>&rdquo;), which is incorporated
by reference herein.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Notwithstanding any other provision contained
herein or in the other Commercial Paper Program Documents, all terms of an accounting or financial nature used herein and in the
other Commercial Paper Program Documents shall be construed, and all computations of amounts and ratios referred to herein and
in the other Commercial Paper Program Documents shall be made, and prepared:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;in
accordance with GAAP (including principles of consolidation where appropriate), and all accounting or financial terms shall have
the meanings ascribed to such terms by GAAP; <U>provided</U>, <U>however</U>, that all accounting terms used in <U>Section 7.02</U>
below (and all defined terms used in the definition of any accounting term used in <U>Section 7.02</U> below) shall have the meaning
given to such terms (and defined terms) under GAAP as in effect on the date hereof applied on a basis consistent with those used
in preparing the financial statements referred to in <U>Section 7.01(j)</U> below. In the event of any change after the date hereof
in GAAP, and if such change would affect the computation of any of the financial covenants set forth in <U>Section 7.02</U> below,
then the parties hereto agree to endeavor, in good faith, to agree upon an amendment to this Agreement that would adjust such financial
covenants in a manner that would preserve the original intent thereof, but would allow compliance therewith to be determined in
accordance with BAFC&rsquo;s financial statements at the time, provided that, until so amended such financial covenants shall continue
to be computed in accordance with GAAP prior to such change therein; and</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;without
giving effect to any election under Statement of Financial Accounting Standards 159 (or any other Financial Accounting Standard
having a similar result or effect) to value any Indebtedness or other liabilities of BAFC, the Guarantor or any of their Subsidiaries
at &ldquo;fair value&rdquo;, as defined therein.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Notwithstanding any other provision contained
herein or in Annex X, all obligations of the Guarantor, BAFC and any of their respective Subsidiaries that are or would be characterized
as an operating lease as determined in accordance with GAAP as in effect on December 14, 2018 (whether or not such operating lease
was in effect on such date) shall continue to be accounted for as an operating lease (and not as a capital lease) for purposes
of the Commercial Paper Program Documents regardless of any change in GAAP following December 14, 2018 (or any change in the implementation
in GAAP for future periods that are contemplated as of December 14, 2018) that would otherwise require such obligation be re-characterized
as a capital lease and the Guarantor, BAFC and their respective Subsidiaries shall continue to provide the financial reporting
which differentiates between operating leases and capital lease in accordance with GAAP as in effect on December 14, 2018.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">SECTION 1.02&#9;<U>Interest
Rates; LIBOR Notification</U>. The interest rate on a Liquidity Loan denominated in Dollars may be derived from an interest rate
benchmark that is, or may in the future become, the subject of regulatory reform. Regulators have signaled the need to use alternative
benchmark reference rates for some of these interest rate benchmarks and, as a result, such interest rate benchmarks may cease
to comply with applicable laws and regulations, may be permanently discontinued, and/or the basis on which they are calculated
may change. The London interbank offered rate (&ldquo;<U>LIBOR</U>&rdquo;) is intended to represent the rate at which contributing
banks may obtain short-term borrowings from each other in the London interbank market. On March 5, 2021, the U.K. Financial Conduct
Authority (&ldquo;<U>FCA</U>&rdquo;) publicly announced that: i) immediately after December 31, 2021, publication of the 1-week
and 2-month Dollar LIBOR settings will permanently cease; immediately after June 30, 2023, publication of the overnight and 12-month
Dollar LIBOR settings will permanently cease; and immediately after June 30, 2023, the 1-month, 3-month and 6-month Dollar LIBOR
settings will cease to be provided or, subject to the FCA&rsquo;s consideration of the case, be provided on a synthetic basis and
no longer be representative of the underlying market and economic reality they are intended to measure and that representativeness
will not be restored. There is no assurance that dates announced by the FCA will not change or that the administrator of LIBOR
and/or regulators will not take further action that could impact the availability, composition, or characteristics of LIBOR or
the currencies and/or tenors for which LIBOR is published. Each party to this Agreement should consult its own advisors to stay
informed of any such developments. Public and private sector industry initiatives are currently underway to identify new or alternative
reference rates to be used in place of LIBOR. Upon the occurrence of a Benchmark Transition Event, a Term SOFR Transition Event,
an Early Opt-in Election or an Other Benchmark Rate Election, <U>Section 4.09(b)</U>, <U>Section 4.09(c)</U> and <U>Section 4.09(d)</U>
provide the mechanism for determining an alternative rate of interest. The Administrative Agent will promptly notify BAFC, pursuant
to <U>Section 4.09(e)</U>, of any change to the reference rate upon which the interest rate on eurocurrency borrowings is based.
However, the Administrative Agent does not warrant or accept any responsibility for, and shall not have any liability with respect
to, the administration, submission or any other matter related to the London interbank offered rate or other rates in the definition
of &ldquo;LIBOR Rate&rdquo; or with respect to any alternative or successor rate thereto, or replacement rate thereof (including,
without limitation, (i) any such alternative, successor or replacement rate implemented pursuant to <U>Section 4.09(b)</U> and
<U>Section 4.09(d)</U>, whether upon the occurrence of a Benchmark Transition Event or an Early Opt-in Election, and (ii) the implementation
of any Benchmark Replacement Conforming Changes pursuant to <U>Section 4.09(d)</U>), including without limitation, whether the
composition or characteristics of any such alternative, successor or replacement reference rate will be similar to, or produce
the same value or economic equivalence of, the LIBOR Rate or have the same volume or liquidity as did the London interbank offered
rate prior to its discontinuance or unavailability. The Administrative Agent and its affiliates and/or other related entities may
engage in transactions that affect the calculation of any alternative, successor or alternative rate (including any Benchmark Replacement)
and/or any relevant adjustments thereto, in each case, in a manner adverse to BAFC. The Administrative Agent may select information
sources or services in its reasonable discretion to ascertain the Adjusted LIBO Rate, any component thereof, or rates referenced
in the definition thereof, in each case pursuant to the terms of this Agreement, and shall have no liability to BAFC, any Liquidity
Bank or any other Person for damages of any kind, including direct or indirect, special, punitive, incidental or consequential
damages, costs, losses or expenses (whether in tort, contract or otherwise and whether at law or in equity), for any error or calculation
of any such rate (or component thereof) provided by any such information source or service.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">SECTION 1.03&#9;<U>Divisions.</U>
For all purposes under the Commercial Paper Program Documents, in connection with any division or plan of division under Delaware
law (or any comparable event under a different jurisdiction&rsquo;s laws): (a) if any asset, right, obligation or liability of
any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred
from the original Person to the subsequent Person, and (b) if any new Person comes into existence, such new Person shall be deemed
to have been organized and acquired on the first date of its existence by the holders of its Capital Stock at such time.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>ARTICLE II<FONT STYLE="text-transform: uppercase"><BR>
<BR>
COMMERCIAL PAPER OPERATIONS</FONT></B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">SECTION 2.01&#9;<U>Issuance
of Commercial Paper</U>.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Subject
to the provisions of this <U>Section 2.01</U> and to <U>Article VI</U> hereof, so long as the Depositary is not in receipt of instructions
then in effect from the Administrative Agent, given in accordance with this <U>Section 2.01</U> and the Depositary Agreement, not
to issue or deliver Commercial Paper because a No-Issuance Condition for Commercial Paper has occurred and is continuing, BAFC
shall have the right prior to the Liquidity Commitment Expiration Date, from time to time to issue and sell Commercial Paper pursuant
to the terms of this Agreement and the Depositary Agreement. Any instructions to cease Commercial Paper issuance from the Administrative
Agent to the Depositary shall specify the event as being the reason to cease issuing and delivering Commercial Paper. The Administrative
Agent agrees that it shall only instruct the Depositary not to issue or deliver Commercial Paper if there shall have occurred one
or more of the events described in this <U>subsection 2.01(a)</U>. If the Administrative Agent shall, as permitted by this <U>subsection
2.01(a)</U> and the Depositary Agreement, instruct the Depositary not to issue or deliver Commercial Paper, BAFC shall not thereafter
issue and sell any Commercial Paper. Concurrently with the giving of any such instructions to the Depositary, the Administrative
Agent shall give notice thereof to BAFC, the Servicer, the Collateral Agent, the Letter of Credit Agent, each Placement Agent and
the Series 2000-1 Rating Agencies, but failure to do so shall not impair the effect of such instructions.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in"></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BAFC
agrees that each CP Note shall (i) be in the applicable form attached to the Depositary Agreement and be completed in accordance
with this Agreement and the Depositary Agreement, (ii) be dated the date of issuance thereof, (iii) be made payable to the order
of a named payee or bearer, (iv) have a maturity date which shall be a Business Day not later than the earliest to occur of (A)
the one hundred and eightieth (180th) day following the issuance thereof, (B) the third (3rd) Business Day prior to the Liquidity
Commitment Expiration Date and (C) the third (3rd) Business Day prior to the L/C Expiration Date in effect on the date of the issuance
thereof, and (v) be in a Face Amount of $100,000 or an integral multiple of $1,000 in excess thereof; <U>provided</U> that no issuance
of Commercial Paper shall be made if, after giving effect to such issuance, the Credits Outstanding shall exceed the Aggregate
Available Liquidity Commitment. All Commercial Paper shall be delivered and issued against payment therefor in accordance with
the terms of this Agreement and the Depositary Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">SECTION 2.02&#9;<U>Commercial
Paper Account; Payment of Commercial Paper</U>.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Contemporaneously
with the execution and delivery by BAFC of the Depositary Agreement, and for the purposes of this Agreement, the Security Agreement
and the Depositary Agreement, the Depositary shall establish at its banking offices in The City of New York a special purpose non-interest
bearing trust account for the sole and exclusive benefit of the Secured Parties (said account being referred to herein and in the
Depositary Agreement as the &ldquo;<U>Commercial Paper Account</U>&rdquo;), over which the Depositary shall have sole dominion
and control and sole right of withdrawal. Proceeds of the sale of Commercial Paper shall be deposited in the Commercial Paper Account
and used to the extent necessary to pay matured and concurrently maturing Commercial Paper; otherwise proceeds of the sale of Commercial
Paper shall be transferred to the Cash Collateral Account for disposition in accordance with the Security Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Contemporaneously
with the execution and delivery by BAFC of the Depositary Agreement and for the purposes of this Agreement, the Security Agreement
and the Depositary Agreement, the Depositary shall establish at its banking offices in The City of New York a special purpose,
non-interest bearing trust account, for the sole and exclusive benefit of the holders of the outstanding Commercial Paper, over
which the Depositary shall have sole dominion and control and the sole right of withdrawal (said account being referred to herein
and in the Depositary Agreement as the &ldquo;<U>Special Payment Account</U>&rdquo;). Proceeds of a Liquidity Loan made in accordance
with <U>subsection 3.01(a)(ii)</U>, <U>(iii)</U> or <U>(iv)</U> hereof and <U>Section 8(b)</U>, <U>(c)</U> or <U>(d)</U> of the
Depositary Agreement and all funds received from the Collateral Agent at any time that the Collateral Agent indicates that a Security
Agreement Event of Default exists and is continuing shall be deposited in the Special Payment Account and used to the extent necessary
to pay in full the Commercial Paper as it matures. BAFC shall have no legal, equitable or beneficial interest in the Special Payment
Account.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in"></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>ARTICLE III<FONT STYLE="text-transform: uppercase"><BR>
<BR>
LIQUIDITY LOANS</FONT></B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">SECTION 3.01&#9;<U>Liquidity
Loans</U>.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Subject
to and upon the terms and conditions herein set forth, each Liquidity Bank severally agrees on a revolving basis prior to the Liquidity
Commitment Expiration Date, to make a loan or loans (each a &ldquo;<U>Liquidity Loan</U>&rdquo; and collectively, the &ldquo;<U>Liquidity
Loans</U>&rdquo;) to BAFC, which Liquidity Loans may be repaid and the principal amount thereof (with the exception of Exiting
Loans) reborrowed and bear interest in accordance with the provisions hereof and shall be made by the Liquidity Banks (with the
exception of Exiting Loans) pro rata on the basis of their Percentages of the Aggregate Liquidity Commitment as follows:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If,
on any Business Day that Commercial Paper matures, BAFC is unable to or is not permitted to (including, but not limited to, as
a result of the occurrence of a Mandatory CP Wind-Down Event) issue additional Commercial Paper in an aggregate net amount sufficient
to repay in full all Commercial Paper maturing on such day (the excess of the amount required to pay in full all such Commercial
Paper maturing on such day after giving effect to any disbursement with respect to such maturing Commercial Paper from the Cash
Collateral Account or the Commercial Paper Account, over the sum of the net amount obtained by the issuance of Commercial Paper
on such day, being hereinafter referred to as a &ldquo;<U>Commercial Paper Deficit</U>&rdquo;), each Liquidity Bank shall, upon
(x) receipt of notice (which may be a facsimile) from the Administrative Agent (which shall timely deliver such notice following
its receipt of a similar written notice from the Depositary) to the effect that BAFC is unable to so issue and sell additional
Commercial Paper at any price and the amount of the Commercial Paper Deficit and (y) request of the Administrative Agent (which
shall timely deliver such notice following its receipt of a similar written request from the Depositary), which may be contained
in the notice referred to in the preceding clause (x), and subject to the limitations imposed by <U>subsection 3.01(c)</U> and
<U>Section 6.03</U> hereof, make a Liquidity Loan in an aggregate principal amount equal to (1) the product of (A) such Liquidity
Bank&rsquo;s Percentage of the Aggregate Liquidity Commitment, <U>times</U> (B) the Commercial Paper Deficit, <U>less</U> (2) the
product of (A) such Liquidity Bank&rsquo;s Percentage of the Aggregate Liquidity Commitment, <U>times</U> (B) the Series 2000-1
Invested Percentage of Defaulted Loans reflected on the Daily Report delivered on such day (calculated by converting any Defaulted
Loans denominated in Approved Currencies other than Dollars into Dollars at the Rate of Exchange).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in"></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
the Administrative Agent shall have failed to timely provide BAFC the notice of extension of the Liquidity Commitment Expiration
Date described in <U>subsection 4.03(b)</U> not later than twenty-five (25) days before the then current Liquidity Commitment Expiration
Date, then BAFC shall request the Administrative Agent to request each Liquidity Bank to make, and each Liquidity Bank shall upon
receipt of any such request, subject to the limitations imposed by <U>subsection 3.01(c)</U> and <U>Section 6.03</U>, no later
than the fifth Business Day prior to any upcoming Liquidity Commitment Expiration Date make, a Liquidity Loan in a principal amount
equal to (1)&nbsp;the product of (A) such Liquidity Bank&rsquo;s Percentage of the Aggregate Liquidity Commitment <U>times</U>
(B) the Face Amount of all Commercial Paper outstanding on such day, after giving effect to funds otherwise available to pay such
Commercial Paper on such day, <U>less</U> (2) the product of (A) such Liquidity Bank&rsquo;s Percentage of the Aggregate Liquidity
Commitment, <U>times</U>, (B) the Series 2000-1 Invested Percentage of Defaulted Loans reflected on the Daily Report delivered
on such day (calculated by converting any Defaulted Loans denominated in Approved Currencies other than Dollars into Dollars at
the Rate of Exchange).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not
later than the fifth Business Day prior to any upcoming Liquidity Commitment Expiration Date with respect to which there exists
an Exiting Bank, BAFC shall request the Administrative Agent to request each Exiting Bank to make, and each Exiting Bank shall
upon receipt of any such request, subject to the limitations imposed by <U>subsection 3.01(c)</U> and <U>Section 6.03</U>, make
a Liquidity Loan (i.e., an Exiting Loan as defined in <U>subsection 4.03(c)(ii)</U> hereof) in a principal amount equal to (1)
the product of (A) such Exiting Bank&rsquo;s Percentage of the Aggregate Liquidity Commitment (prior to any reduction as a result
of the removal of the Exiting Bank) <U>times</U> (B) the Face Amount of Commercial Paper then outstanding, after giving effect
to funds otherwise available to pay such Commercial Paper on such day, <U>less</U> (2) the product of (A) such Exiting Bank&rsquo;s
Percentage of the Aggregate Liquidity Commitment, <U>times</U> (B) the Series 2000-1 Invested Percentage of Defaulted Loans reflected
on the Daily Report delivered on such day (calculated by converting any Defaulted Loans denominated in Approved Currencies other
than Dollars into Dollars at the Rate of Exchange).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In
the event of the occurrence of a Mandatory Liquidation Event, then each Liquidity Bank shall, upon receipt of a request of the
Administrative Agent (which shall timely deliver such notice following its receipt of a similar written request from the Depositary),
immediately in accordance with <U>subsection 3.01(b)</U>, subject to the limitations imposed by <U>subsection 3.01(c)</U> and <U>Section
6.03</U>, make a Liquidity Loan in a principal amount equal to (1) the product of (A) such Liquidity Bank&rsquo;s Percentage of
the Aggregate Liquidity Commitment <U>times</U> (B) the Face Amount of all Commercial Paper outstanding on such day, after giving
effect to funds otherwise available to pay such Commercial Paper on such day, <U>less</U> (2) the product of (A) such Liquidity
Bank&rsquo;s Percentage of the Aggregate Liquidity Commitment, <U>times</U> (B) the Series 2000-1 Invested Percentage of Defaulted
Loans reflected on the Daily Report delivered on such day (calculated by converting any Defaulted Loans denominated in Approved
Currencies other than Dollars into Dollars at the Rate of Exchange).</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(v)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
Liquidity Bank shall in addition to its obligations under <U>subsection 3.01(a)(i)</U>, upon receipt by the Administrative Agent
of a Notice of Borrowing from BAFC or the Depositary (acting as attorney-in-fact for BAFC) in accordance with <U>subsection 3.01(b)</U>
and subject to the limitations imposed by <U>subsection 3.01(c)</U>, <U>Section 6.03</U> and <U>Section 6.04</U>, make a Liquidity
Loan in a principal amount equal to (1) the product of (A) such Liquidity Bank&rsquo;s Percentage of the Aggregate Liquidity Commitment
<U>times</U> (B) the amount of the Borrowing requested by BAFC or the Depositary, <U>less</U> (2) the product of (A) such Liquidity
Bank&rsquo;s Percentage of the Aggregate Liquidity Commitment, <U>times</U> (B) the Series 2000-1 Invested Percentage of Defaulted
Loans reflected on the Daily Report delivered on such day (calculated by converting any Defaulted Loans denominated in Approved
Currencies other than Dollars into Dollars at the Rate of Exchange). Prior to the occurrence of a Mandatory Liquidation Event,
the proceeds of each Liquidity Loan made pursuant to this clause (v) shall be deposited in the Cash Collateral Account and may
be used by BAFC to fund additional advances under the Series 2000-1 VFC Certificate.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In
order to effect Borrowings hereunder, BAFC or the Depositary (the Depositary acting as attorney-in-fact for BAFC in accordance
with <U>Section 8</U> of the Depositary Agreement), shall give the Administrative Agent written notice (each, a &ldquo;<U>Notice
of Borrowing</U>&rdquo;) of the aggregate principal amount of any Liquidity Loan required by <U>subsection 3.01(a)</U> hereof (i)
for each Borrowing consisting of a Prime Rate Liquidity Loan, not later than 11:00 a.m. (New York City time) on the date of such
Borrowing, or (ii) for each Borrowing consisting of a LIBOR Liquidity Loan, not later than 11:00 A.M. (New York City time) three
Business Days before the date of such Borrowing. Each such Notice of Borrowing shall specify: (i) the type of Liquidity Loan comprising
such Borrowing, (ii) the amount of such Borrowing required by <U>subsection 3.01(a)</U> hereof and (iii) in the case of a Borrowing
consisting of a LIBOR Liquidity Loan, the Interest Period with respect thereto. The Administrative Agent shall promptly (and, in
any event, by 1:30 P.M. (New York City time) if the Administrative Agent has received the Notice of Borrowing by 11:00 A.M. (New
York City time) from BAFC or the Depositary) give each Liquidity Bank telephonic notice (confirmed in writing promptly thereafter)
of such request. Each Borrowing requested pursuant to <U>subsection 3.01(a)(v)</U> shall be in an amount equal to at least $10,000,000
and multiples of $1,000,000 in excess thereof (or if the then Aggregate Available Liquidity Commitment is less than $10,000,000,
such lesser amount). Each Borrowing pursuant to <U>subsections 3.01(a)(i), (ii), (iv)</U> and <U>(v)</U> shall be made ratably
by the Liquidity Banks in proportion to each Liquidity Bank&rsquo;s Percentage of the Aggregate Liquidity Commitment. No later
than 3:00 P.M. (New York City time) on the date on which a Liquidity Loan is to be made, the Administrative Agent acting on behalf
of the Liquidity Banks will make available to BAFC in freely transferable Dollars and in immediately available funds the Liquidity
Loan received by the Administrative Agent from the Liquidity Banks required to be made on such day by the Liquidity Banks by remitting
the proceeds of such Liquidity Loan to the Commercial Paper Account (or with respect to Liquidity Loans made pursuant to <U>subsection
3.01(a)(v)</U>, to the Cash Collateral Account) for application by the Depositary in accordance with the terms of the Depositary
Agreement. BAFC may subsequently (prior to the occurrence and continuation of a Mandatory Liquidation Event) elect to convert a
Prime Rate Liquidity Loan to a LIBOR Liquidity Loan, or to continue to maintain a LIBOR Liquidity Loan as a LIBOR Liquidity Loan
for an additional Interest Period, in accordance with the procedures set forth in <U>subsection 3.01(h)</U> below.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Notwithstanding
any other provision hereof or of any other Transaction Document, no Liquidity Loan shall be made by a Liquidity Bank to BAFC in
a principal amount exceeding, together with the aggregate principal amount of such Liquidity Bank&rsquo;s then outstanding Liquidity
Loans, (i) such Liquidity Bank&rsquo;s Percentage of the Aggregate Liquidity Commitment <U>minus</U> (ii) the product of (x) such
Liquidity Bank&rsquo;s Percentage of the Aggregate Liquidity Commitment, <U>times</U> (y) the Series 2000-1 Invested Percentage
of Defaulted Loans reflected on the most recent Daily Report (calculated by converting any Defaulted Loans denominated in Approved
Currencies other than Dollars into Dollars at the Rate of Exchange).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Subject
to <U>Section 3.01(c)</U>, <U>Section 6.03</U> and <U>8.03(a) </U>hereof, each Liquidity Loan required to be made pursuant to <U>Section
3.01(a)(i)-(iv)</U> shall be made by the Liquidity Banks notwithstanding the occurrence of any Mandatory Liquidation Event.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BAFC
hereby agrees that it shall use the proceeds of each Liquidity Loan solely to (i) make payments in respect of maturing Commercial
Paper or, (ii) in the case of Liquidity Loans made in the circumstances set forth in <U>subsection 3.01(a)(v)</U>, fund advances
under the Series 2000-1 VFC Certificate and pay expenses incurred in connection with this Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
Liquidity Loan shall mature and become due and payable on the Liquidity Commitment Expiration Date (which Liquidity Commitment
Expiration Date, in the case of an Exiting Loan, shall be the Liquidity Commitment Expiration Date with respect to which such Exiting
Loan is made, and not, for the avoidance of doubt, the Liquidity Commitment Expiration Date as it may have been extended by the
other Liquidity Banks pursuant to <U>Section 4.03</U>) or, if earlier, the date on which a Mandatory Liquidation Event has occurred
and the Administrative Agent shall have declared the Liquidity Loans due and payable. In addition, each Liquidity Loan shall be
repaid in accordance with <U>Section 5.02</U> hereof and <U>Articles V</U> and <U>VI</U> of the Security Agreement.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;After
receiving telephonic notice (confirmed in writing promptly thereafter) from the Administrative Agent of a Notice of Borrowing,
each Liquidity Bank (or solely an Exiting Bank in the case of an Exiting Loan) shall make available to the Administrative Agent,
at its office in New York, New York in immediately available funds, prior to 2:30 P.M., New York City time, on the day such telephonic
notice is received, with respect to any Borrowing consisting of a Prime Rate Liquidity Loan, or three Business Days after such
telephonic notice is received, with respect to any Borrowing consisting of a LIBOR Liquidity Loan, such Liquidity Bank&rsquo;s
Percentage of such Liquidity Loan (or amount of Exiting Loan, as applicable) required to be made on such day; <U>provided</U>,
<U>however</U>, that with respect to any Liquidity Bank that is assigned a short-term credit rating below &ldquo;A-1&rdquo; or
&ldquo;P-1&rdquo; by S&amp;P or Moody&rsquo;s, respectively, the Administrative Agent shall draw on any letter of credit or other
similar instrument issued by a bank that is confirming such Liquidity Bank&rsquo;s obligation to make such Liquidity Loans prior
to 2:30 p.m., New York City time, on the day such Liquidity Loan is required to be made as set forth above. Each Liquidity Bank
shall indemnify and hold harmless the Administrative Agent from and against any and all losses, liabilities (including liabilities
for penalties), actions, suits, judgments, demands, costs and expenses (including, without limitation, attorneys&rsquo; fees and
expenses) resulting from any failure on the part of such Liquidity Bank to provide the Administrative Agent with such Liquidity
Bank&rsquo;s Percentage of any Liquidity Loan (or amount of Exiting Loan, as applicable) paid by the Administrative Agent in accordance
with the provisions of <U>subsections 3.01(a)(i)-(iv)</U> and any Liquidity Bank that shall fail to fund its Percentage of such
Liquidity Loan shall pay interest on any such shortfall at the daily NYFRB Rate until such amount has been paid.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;With
respect to any Borrowing requested to be made pursuant to <U>subsection 3.01(a)(v)</U>, unless the Administrative Agent shall have
been notified in writing by any Liquidity Bank prior to 2:30 P.M., New York City time, on the day such Borrowing is to be made
that such Liquidity Bank will not make available to the Administrative Agent its Percentage of such Borrowing, the Administrative
Agent may assume that such Liquidity Bank will make such amount available to the Administrative Agent on the date of such Borrowing,
and the Administrative Agent may, in reliance upon such assumption, make available to BAFC a corresponding amount. If such amount
is not made available to the Administrative Agent at or before the required time on the date of such Borrowing, such Liquidity
Bank shall pay to the Administrative Agent, on demand, such amount, with interest thereon at a rate equal to the daily NYFRB Rate
for the period from and including the date of such Borrowing to the date such Liquidity Bank makes such amount immediately available
to the Administrative Agent. If such Liquidity Bank&rsquo;s Percentage of such Borrowing is not made available to the Administrative
Agent by such Liquidity Bank within three (3) Business Days after the date of such Borrowing, the Administrative Agent also shall
be entitled to recover such amount from BAFC, together with interest from the date such amount was made available to BAFC at the
rate per annum then applicable to such Borrowing hereunder.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In
the event BAFC wishes to convert an existing LIBOR Liquidity Loan to a Prime Rate Liquidity Loan, BAFC shall give telephonic (confirmed
in writing promptly thereafter) or written notice to the Administrative Agent of such election by 1:00 p.m. (New York City time)
on the date at least one (1) Business Day prior to the date on which BAFC specifies (in accordance with this <U>Section 3.01(h)</U>)
that such conversion is to take effect; <U>provided</U>, that any such conversion of LIBOR Liquidity Loans may only be made on
the last day of the Interest Period with respect thereto. In the event BAFC wishes to convert an existing Prime Rate Liquidity
Loan to a LIBOR Liquidity Loan or to continue an existing LIBOR Liquidity Loan as a LIBOR Liquidity Loan for an additional Interest
Period, BAFC shall give telephonic (confirmed in writing promptly thereafter) or written notice to the Administrative Agent of
such election (A) in the case of a conversion, by 1:00 p.m. (New York City time) on the date at least three (3) Business Days prior
to the date on which BAFC specifies (in accordance with this <U>subsection 3.01(h)</U>) that such conversion is to take effect,
or (B) in the case of a continuation, by 1:00 p.m. (New York City time) on the date at least three (3) Business Days prior to the
last day of the applicable Interest Period. In the event BAFC fails to timely give the notice of election described above, or if
a Mandatory Liquidation Event shall have occurred, an existing Prime Rate Liquidity Loan shall continue as a Prime Rate Liquidity
Loan, and an existing LIBOR Liquidity Loan shall, at the end of the Interest Period applicable thereto, convert to a Prime Rate
Liquidity Loan thereafter (subject to later election of BAFC in accordance with this <U>subsection 3.01(h)</U>). The term &ldquo;<U>Interest
Period</U>&rdquo; means the period with respect to a LIBOR Liquidity Loan commencing (x) in the case of the first Interest Period
with respect to an initial Borrowing of such LIBOR Liquidity Loan, on the Liquidity Loan disbursement date, (y) in the case of
conversion of a Prime Rate Liquidity Loan to a LIBOR Liquidity Loan, on the date of conversion and (z) in all other cases, on the
last day of the immediately preceding Interest Period, and ending on the date one (1), three (3) or six (6) month(s) thereafter
as selected by BAFC in the Notice of Borrowing or notice of conversion; <U>provided</U>, <U>however</U>, that:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BAFC
may not select an Interest Period that extends beyond the Liquidity Commitment Expiration Date;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;whenever
the last day of any Interest Period would otherwise be a day that is not a Business Day, the last day of such Interest Period shall
be extended to the next succeeding Business Day, <U>provided</U>, <U>however</U>, that, if such extension would cause the last
day of such Interest Period to occur in the following calendar month, the last day of such Interest Period shall be the immediately
preceding Business Day; and</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;for
purposes of determining an Interest Period, a month means a period starting on one day in a calendar month and ending on the numerically
corresponding day in the next calendar month; <U>provided</U>, <U>however</U>, that if there is no numerically corresponding day
in the month in which such Interest Period is to end or if such Interest Period begins on the last Business Day of a calendar month,
then such Interest Period shall end on the last Business Day of the calendar month in which such Interest Period is to end.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">SECTION 3.02&#9;<U>The
Liquidity Loan Notes</U>.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BAFC&rsquo;s
obligation to pay the principal of and interest on all the Liquidity Loans made by each Liquidity Bank or, in the case of an Exiting
Loan, by an Exiting Bank, shall be evidenced by a single note of BAFC with respect to each such Liquidity Bank (or Exiting Bank,
as the case may be) (each, a &ldquo;<U>Liquidity Loan Note</U>&rdquo; and collectively, the &ldquo;<U>Liquidity Loan Notes</U>&rdquo;)
which shall: (1) be dated the date such Liquidity Bank becomes a party to this Agreement; (2) be in the stated principal amount
equal to the relevant Liquidity Bank&rsquo;s Percentage of the Aggregate Liquidity Commitment (as the same may be decreased pursuant
to <U>Section 4.02</U> or <U>4.03</U> hereof); (3) bear interest as provided in <U>Section 3.03</U> hereof; (4) be payable on the
earlier of the Liquidity Commitment Expiration Date and the date on which a Mandatory Liquidation Event has occurred and the Administrative
Agent shall have declared the Liquidity Loan Note to be due and payable; (5) be entitled to the benefits of this Agreement, the
Guaranty, the Letter of Credit and the Security Agreement; and (6) be substantially in the form of <U>Exhibit A</U> to this Agreement
with blanks appropriately completed in conformity herewith. Each Liquidity Bank shall, and is hereby authorized to, make a notation
on the schedule attached to its Liquidity Loan Note (or on a continuation of such schedule), or in the records of such Liquidity
Bank, of the date and amount of the payment of principal thereon (which notations shall, in absence of evidence to the contrary,
be presumptive evidence of the outstanding principal amount thereof) and prior to any transfer of its Liquidity Loan Note, such
Liquidity Bank shall endorse the outstanding principal amount of such Liquidity Loan Note on the schedule attached thereto; <U>provided</U>,
<U>however</U>, that the failure to make such a notation shall not adversely affect such Liquidity Bank&rsquo;s rights with respect
to the Liquidity Loans.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Although
the Liquidity Loan Note of each Liquidity Bank shall be dated the date such Liquidity Bank becomes a party to this Agreement, interest
in respect thereof shall be payable only for the periods during which Liquidity Loans are outstanding thereunder. In addition,
although the stated principal amount of the Liquidity Loan Note shall be equal to the related Liquidity Bank&rsquo;s Percentage
of the Aggregate Liquidity Commitment, such Liquidity Loan Note shall be enforceable with respect to BAFC&rsquo;s obligation to
pay the principal thereof only to the extent of the unpaid principal amount of the Liquidity Loans outstanding thereunder at the
time such enforcement shall be sought.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">SECTION 3.03&#9;<U>Interest</U>.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BAFC
shall pay interest prior to maturity, and prior to the occurrence of a Mandatory Liquidation Event, on the unpaid principal amount
of each LIBOR Liquidity Loan from and including the first day of the Interest Period applicable to such LIBOR Liquidity Loan to
but excluding the last day of such Interest Period (or, if occurring earlier, to maturity, whether by acceleration or otherwise),
at a rate per annum (calculated on the basis of actual days elapsed in a year of 360 days) equal to the Series 2000-1 Applicable
Margin plus the Adjusted LIBOR Rate in effect from time to time, payable as provided in <U>subsection 3.03(b)</U> herein. Prior
to maturity and prior to the occurrence of a Mandatory Liquidation Event, BAFC shall pay interest on the unpaid principal amount
of each Prime Rate Liquidity Loan from and including the date such Liquidity Loan is made (or converted to a Prime Rate Liquidity
Loan) to but excluding the date such Liquidity Loan is converted to a LIBOR Liquidity Loan (or, if occurring earlier, to maturity,
whether by acceleration or otherwise), at a rate per annum (calculated on the basis of actual days elapsed in a year of 365 or
366 days, as the case may be) equal to (i) the ABR in effect from time to time <U>plus</U>, (with the following amount in no event
to be less than zero), (ii) the Series 2000-1 Applicable Margin <U>minus</U> 1.0%.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BAFC
agrees to pay interest in respect of the unpaid principal amount of and interest on, each Liquidity Loan after maturity thereof
(whether by acceleration or otherwise) or during the continuance of a Mandatory Liquidation Event, until paid in full at a rate
per annum equal to the sum of (i) 2.0%, <U>plus</U> (ii) the interest rate then in effect with respect to such Liquidity Loan,
<U>plus</U> (iii) the Series 2000-1 Applicable Margin then in effect.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accrued
interest in respect of each Liquidity Loan shall be payable in arrears on (i) with respect to any LIBOR Liquidity Loan having an
Interest Period of three months or less, the last day of such Interest Period, (ii) with respect to any LIBOR Liquidity Loan having
an Interest Period longer than three months, each day that is three months, or a whole multiple thereof, after the first day of
such Interest Period and the last day of such Interest Period, (iii) with respect to any Prime Rate Liquidity Loan, the last day
of each March, June, September and December to occur while such Prime Rate Liquidity Loan is outstanding and (iv) with respect
to any Liquidity Loan, on the date of any prepayment (with respect to the amount prepaid), on the date of conversion of such Liquidity
Loan, at maturity (whether by acceleration, demand or otherwise) and after such maturity, on demand.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">SECTION 3.04&#9;<U>Responsibilities
of Each Liquidity Bank</U>. The failure of any Liquidity Bank to make any advance to be made by it as part of any Liquidity Loan
shall not relieve any other Liquidity Bank of its obligation hereunder to make its advance on the date of such Liquidity Loan,
but no Liquidity Bank shall be responsible for the failure of any other Liquidity Bank to make the Liquidity Loan to be made by
such Liquidity Bank on the date of any Liquidity Loan.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">SECTION 3.05&#9;<U>Confirming
Letters of Credit</U>. The full amount of each payment made to the Administrative Agent under any confirming letter of credit issued
on behalf of any Liquidity Bank pursuant to the terms hereof, shall be applied to such Liquidity Bank&rsquo;s obligation to make
the Liquidity Loans in respect of which such drawing is made to the same extent as if the amount thereof had been paid directly
to the Administrative Agent by such Liquidity Bank. Each such payment shall be deemed to satisfy such Liquidity Bank&rsquo;s obligation
to fund hereunder to the extent of such payment.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>ARTICLE IV<FONT STYLE="text-transform: uppercase"><BR>
<BR>
OTHER CREDIT TERMS</FONT></B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">SECTION 4.01&#9;<U>Fees</U>.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prior
to the Liquidity Commitment Expiration Date or the termination of the Aggregate Liquidity Commitment in accordance with <U>Section
8.03</U>, BAFC agrees to pay to the Administrative Agent for distribution to each Liquidity Bank (other than a Defaulting Liquidity
Bank that is not a Performing Liquidity Bank) pro rata in accordance with their respective Percentage of the Aggregate Liquidity
Commitment, a fee (the &ldquo;<U>Commitment Fee</U>&rdquo;) which shall accrue on each day in an amount equal to the product of
(i) the Unused Fee Rate <U>times</U> (ii) the excess of the average Aggregate Liquidity Commitment on such day over the average
outstanding principal balance of any Liquidity Loans on such day. The Commitment Fee shall be paid quarterly in arrears commencing
on the Distribution Date in September 2021.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BAFC
shall indemnify each Liquidity Bank against, and on demand reimburse each Liquidity Bank for, any loss, premium, penalty or expense
which such Liquidity Bank may pay or incur (including, without limitation, any loss or expense incurred by reason of the relending,
depositing or other employment of funds acquired by such Liquidity Bank to fund a Liquidity Loan) as a result of (i) any failure
by BAFC to borrow a Liquidity Loan on a date specified therefor in a Notice of Borrowing (whether or not withdrawn), or to continue
as, or convert a LIBOR Liquidity Loan in accordance with the related notice, (ii) any prepayment of a LIBOR Liquidity Loan prior
to the end of the applicable Interest Period pursuant to <U>Section 5.02</U> hereof or purchase of a LIBOR Liquidity Loan pursuant
to <U>subsection 4.05(d)</U> hereof (including but not limited to any loss on the reemployment of funds) or (iii) any failure by
BAFC to prepay a Liquidity Loan on a date specified therefor in a notice of prepayment pursuant to <U>Section 5.02</U> hereof;
<U>provided</U>, <U>however</U>, that BAFC shall not be obligated to indemnify a Defaulting Liquidity Bank that is not a Performing
Liquidity Bank for any such loss or expense (incurred while such Liquidity Bank was a Defaulting Liquidity Bank) related to the
prepayment or assignment of any LIBOR Liquidity Loan owed to such Defaulting Liquidity Bank. Each Liquidity Bank shall furnish
BAFC with a certificate prepared in good faith setting forth the basis for determining any additional amount to be paid to it hereunder,
and such certificate shall be conclusive, absent manifest error, as to the contents thereof.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BAFC
agrees to pay the Administrative Agent for its own account the fees set forth in any fee letter between BAFC and the Administrative
Agent in full force and effect as of the date hereof and at the times set forth in such fee letter.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">SECTION 4.02&#9;<U>Termination
or Reduction of the Aggregate Liquidity Commitment</U>.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Subject
to this <U>subsection 4.02(a)</U>, BAFC shall have the right, at any time and from time to time to (i) terminate the Aggregate
Liquidity Commitment in whole or (ii) permanently reduce the Aggregate Liquidity Commitment in increments of $1,000,000 and integral
multiples of $1,000,000 in excess thereof, without penalty, by giving at least three (3) Business Days&rsquo; prior written notice
to the Administrative Agent and the Depositary specifying the scheduled date (which shall be a Business Day) of such termination
or reduction and the amount of any permitted partial reduction. The termination or reduction of the Aggregate Liquidity Commitment
shall be effective on the scheduled date specified in BAFC&rsquo;s notice; <U>provided</U>, <U>however</U>, that no such termination
of the Aggregate Liquidity Commitment shall be effective if, on the scheduled date thereof, any Liquidity Loan would remain outstanding
after such scheduled date, in which case such termination shall be effective on the first Business Day on which no Liquidity Loans
shall be outstanding; <U>provided</U>, <U>further</U>, that no such reduction in the Aggregate Liquidity Commitment shall be effective
if, on the scheduled date thereof, the Credits Outstanding would exceed the Aggregate Available Liquidity Commitment as so reduced;
and <U>provided</U>&nbsp;<U>further</U>, that no termination of the Aggregate Liquidity Commitment shall be effective if, on the
scheduled date thereof, any Commercial Paper shall be outstanding in which case such termination shall be effective on the first
Business Day on which no Commercial Paper shall be outstanding. After giving notice of termination of the Aggregate Liquidity
Commitment pursuant to this <U>subsection 4.02(a)</U>, BAFC shall not make any further advances under the Series 2000-1 VFC Certificate.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In
the event that (i) an injunction suspending the issuance of the Commercial Paper shall have been issued or proceedings therefor
shall have been initiated by the Securities and Exchange Commission, or (ii) BAFC, any Liquidity Bank, a Placement Agent or any
other Person shall have been found in a judicial or administrative proceeding to have violated the Securities Act in connection
with the issuance of the Commercial Paper, or (iii) BAFC, any Liquidity Bank, a Placement Agent or any other Person shall have
offered, issued or sold to or solicited any offer to acquire any of the Commercial Paper or any part thereof from anyone so as
to bring the issuance and sale of the Commercial Paper within the registration and prospectus delivery requirements of Section
5 of the Securities Act, then, in any of such events, BAFC shall not thereafter issue or sell any Commercial Paper without the
Administrative Agent&rsquo;s written approval and the Person affected by one of the aforesaid events shall notify BAFC, the Depositary,
each Placement Agent, the Letter of Credit Agent and the Administrative Agent, as the case may be.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In
the event that BAFC has received notice that any Collateral Account, the Collection Account, the Commercial Paper Account, the
Special Payment Account or any funds on deposit in, or otherwise to the credit of, any of such accounts are or have become subject
to any stay, writ, order, judgment, warrant, attachment, execution or similar process, then in any of such events (until such event
has been remedied), BAFC shall promptly notify each Placement Agent of such event and shall not thereafter issue or sell any Commercial
Paper without the Administrative Agent&rsquo;s written approval.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">SECTION 4.03&#9;<U>Extensions
of the Aggregate Liquidity Commitment</U>.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Subject
to subpart (b) and (c) of this <U>Section 4.03</U> and other provisions of this Agreement permitting earlier termination, the Aggregate
Liquidity Commitment and this Agreement shall terminate on the Liquidity Commitment Expiration Date.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BAFC
shall be entitled to request that the Original Liquidity Commitment Expiration Date be extended for an additional period of twelve
(12) Months by giving notice (the &ldquo;<U>First Liquidity Commitment Extension Request</U>&rdquo;) to the Administrative Agent
not more than sixty (60) days nor less than thirty (30) days before any Liquidity Commitment Anniversary prior to and including
the Liquidity Commitment Anniversary that occurs on the Original Liquidity Commitment Expiration Date.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BAFC
shall be entitled to request that the Original Liquidity Commitment Expiration Date and/or the First Extension Liquidity Commitment
Expiration Date be extended by giving notice (the &ldquo;<U>Second Liquidity Commitment Extension Request</U>&rdquo;) to the Administrative
Agent as set out below: (A) with respect to Liquidity Banks who have agreed to the First Liquidity Commitment Extension Request,
BAFC may deliver a Second Liquidity Commitment Extension Request to the Administrative Agent not more than sixty (60) days nor
less than thirty (30) days before any Liquidity Commitment Anniversary occurring after the delivery of the First Liquidity Commitment
Extension Request up to and including the Liquidity Commitment Anniversary that occurs on the First Extension Liquidity Expiration
Date for an extension for a further period of twelve (12) Months; and/or (B) with respect to Liquidity Banks who refused the First
Liquidity Commitment Extension Request, BAFC may deliver a Second Liquidity Commitment Extension Request to the Administrative
Agent not more than sixty (60) nor less than thirty (30) days before any Liquidity Commitment Anniversary occurring after the delivery
of the First Liquidity Commitment Extension Request up to and including the Liquidity Commitment Anniversary that occurs on the
Original Termination Date for an extension for a period of twenty-four (24) Months, as selected by BAFC in the notice to the Administrative
Agent. The First Liquidity Commitment Extension Request and the Second Liquidity Commitment Extension Request are together referred
to as &ldquo;<U>Liquidity Commitment Extension Requests</U>&rdquo; and each as a &ldquo;<U>Liquidity Commitment Extension Request</U>&rdquo;.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Administrative Agent shall promptly notify the Liquidity Banks of any Liquidity Commitment Extension Request as soon as practicable
after receipt of it.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
Liquidity Bank may, in its sole discretion, agree to any Liquidity Commitment Extension Request (each such Liquidity Bank, a &ldquo;<U>Consenting
Liquidity Bank</U>&rdquo;) by providing notice to the Administrative Agent on or before the date falling fifteen (15) days before:
(A) in respect of a First Liquidity Commitment Extension Request, the applicable Liquidity Commitment Anniversary immediately following
such First Liquidity Commitment Extension Request or (B) in respect of a Second Liquidity Commitment Extension Request, the applicable
Liquidity Commitment Anniversary immediately following such Second Liquidity Commitment Extension Request. The Liquidity Commitment
of each Consenting Liquidity Bank will be extended for the period applicable to it and referred to in such Liquidity Commitment
Extension Request; <U>provided</U> that the Majority Liquidity Banks have agreed to such extension. If any Liquidity Bank (A) fails
to reply to a Liquidity Commitment Extension Request within the time period set out in this clause (iv) or (B) declines a Liquidity
Commitment Extension Request by the date falling fifteen (15) days before the applicable Liquidity Commitment Anniversary immediately
following such Liquidity Commitment Extension Request (in each case, a &ldquo;<U>Declining Liquidity Bank</U>&rdquo;), its Liquidity
Commitment will not be extended.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(v)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
Liquidity Commitment Extension Request shall be made in writing and be irrevocable.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(vi)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Administrative Agent shall initially notify BAFC, the Collateral Agent and the Depositary of the decisions of the Liquidity Banks
regarding such extension no later than fifteen (15) days prior to the applicable Liquidity Commitment Anniversary immediately following
such Liquidity Commitment Extension Request of the details of which Liquidity Banks are Consenting Liquidity Banks and which Liquidity
Banks are Declining Liquidity Banks.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">If such initial notice
indicates that all the Liquidity Banks desire to extend, then BAFC, the Liquidity Banks and the Administrative Agent shall execute
such documents as shall be appropriate to evidence the extension no later than three (3) Business Days prior to the applicable
Liquidity Commitment Anniversary, and upon execution and delivery of such documents and delivery by the Administrative Agent to
the Depositary of written notice of such extension, the Liquidity Commitment Expiration Date shall be so extended. If the Administrative
Agent&rsquo;s initial notice described above indicates that not all the Liquidity Banks desire to extend, then the provisions of
<U>subsection 4.03(c)</U> below shall apply.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
any Liquidity Bank does not consent to the extension of a Liquidity Commitment Expiration Date pursuant to <U>subsection 4.03(b)</U>
hereof, BAFC shall, with the consent of the Administrative Agent, use its best efforts to obtain a successor Liquidity Bank(s)
to assume each such non-extending Liquidity Bank&rsquo;s Percentage of the Aggregate Liquidity Commitment at any time prior to
or as of the Liquidity Commitment Expiration Date applicable to such Declining Liquidity Bank at BAFC&rsquo;s option, upon payment
in full to such non-extending Liquidity Bank of all its outstanding Liquidity Loans and all interest, fees and other obligations
owed by BAFC to such Liquidity Bank hereunder and receipt of written confirmation from the Series 2000-1 Rating Agencies that the
addition of such successor Liquidity Bank(s) will not result in any reduction in or withdrawal of the rating of the Commercial
Paper. To the extent BAFC is unable to obtain a successor Liquidity Bank, BAFC may:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;to
the extent that the reduction of the Aggregate Liquidity Commitment provided for in this clause (i) does not cause the Aggregate
Liquidity Commitment to fall below the outstanding Face Amount of the Commercial Paper, remove such non-extending Liquidity Bank(s)
as a Liquidity Bank(s) and reduce the Aggregate Liquidity Commitment by an amount equal to such non-extending Liquidity Bank&rsquo;s
Percentage of the Aggregate Liquidity Commitment; or</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;to
the extent that the reduction of the Aggregate Liquidity Commitment provided for in this clause (ii) causes the Aggregate Liquidity
Commitment to fall below the outstanding Face Amount of the Commercial Paper, remove all such Declining Liquidity Banks (each,
an &ldquo;<U>Exiting Bank</U>&rdquo; and collectively, the &ldquo;<U>Exiting Banks</U>&rdquo;) as a Liquidity Bank or Liquidity
Banks and reduce the then-existing Aggregate Liquidity Commitment by an amount equal to the sum of each Exiting Bank&rsquo;s Percentage
of the Aggregate Liquidity Commitment; <U>provided</U>, that, notwithstanding anything else herein or in the Security Agreement
to the contrary, (A) each Exiting Bank shall make a Liquidity Loan to BAFC (an &ldquo;<U>Exiting Loan</U>&rdquo;) as provided in
<U>subsection 3.01(a)(iii)</U> of this Agreement, and the proceeds of such Exiting Loan shall be applied by BAFC to repay a corresponding
amount of Commercial Paper as it matures, and (B) such Exiting Loan shall only be repayable and repaid in accordance with <U>Section
5.2</U> of the Security Agreement from Collections on any day no greater than an amount equal to all Collections deposited on such
day in the Cash Collateral Account times a fraction, the numerator of which is the initial principal amount of such Exiting Loan
and the denominator of which is the sum of the initial principal amounts of all Exiting Loans, until such Exiting Loan is repaid
in full (<U>provided</U>, <U>however</U>, that if any other Liquidity Bank subsequently exits pursuant to this clause (ii) prior
to the repayment in full of such Exiting Loan, such fraction shall be recalculated on the basis of the principal amount of such
Exiting Loan at such time over the sum of such principal amount and the initial principal amounts of all Exiting Loans at such
time).</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">If a Liquidity Commitment
Expiration Date is to be extended in accordance with the provisions above and (if applicable) one or more successors are obtained,
BAFC, the Liquidity Banks willing to extend such Liquidity Commitment Expiration Date, the Administrative Agent and such successor
Liquidity Bank(s) (if applicable) shall sign such documents and instruments as shall be appropriate to evidence the extension of
such Liquidity Commitment Expiration Date and (if applicable) such successor Liquidity Bank&rsquo;s or Liquidity Banks&rsquo; assumption
of a non-extending Liquidity Bank&rsquo;s Percentage of the Aggregate Liquidity Commitment. Upon the execution and delivery of
such documents and instruments, such Liquidity Commitment Expiration Date shall be so extended.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;For
the avoidance of doubt, the extension of the Liquidity Commitment of each Consenting Liquidity Bank shall be subject to the following
conditions precedent:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Representations
and Warranties</U>. All representations and warranties of (i) BAFC contained in this Agreement and in the other Transaction Documents
or in any document, certificate or financial or other statement delivered in connection herewith or therewith, unless waived by
the Administrative Agent and (ii) the Servicer, the Guarantor and the Company contained in the Transaction Documents, or in any
document, certificate or financial or other statement delivered in connection therewith, unless waived by the Administrative Agent,
in each case shall be true and correct with the same force and effect as though such representations and warranties had been made
as of such date of extension.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Mandatory Liquidation Event or Potential Mandatory Liquidation Event</U>. No Mandatory Liquidation Event or Potential Mandatory
Liquidation Event shall have occurred as of such date of extension.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">SECTION 4.04&#9;<U>Proceeds</U>.
The proceeds of Commercial Paper shall be used by BAFC to (i) make advances under the Series 2000-1 VFC Certificate to the extent
permitted by the Transaction Documents, (ii) repay maturing Commercial Paper or Liquidity Loans and (iii) pay expenses incurred
in connection with the Transaction Documents. The proceeds of the Liquidity Loans shall be used by BAFC only to make payments in
respect of maturing Commercial Paper and, in the circumstances set forth in <U>subsection 3.01(a)(v)</U>, to make advances under
the Series 2000-1 VFC Certificate and pay expenses incurred in connection with this Agreement to the extent permitted by the Transaction
Documents.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">SECTION 4.05&#9;<U>Increased
Costs; Capital Adequacy</U>.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If,
on or after the date of this Agreement, the adoption of any law or regulation, or any change therein, or any change in the interpretation
or administration thereof by any court, administrative or governmental authority, central bank or comparable agency charged with
the interpretation or administration thereof or compliance by any Liquidity Bank with any request or directive issued after the
date hereof (whether or not having the force of law) of any such authority, central bank or comparable agency (a &ldquo;<U>Change
in Law</U>&rdquo;) shall either:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;impose,
modify or deem applicable any reserve, special deposit or similar requirement against (or against any class of, a change in or
in the amount of) assets or liabilities of, or commitments or extensions of credit by, any Liquidity Bank;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;shall
subject any Liquidity Bank to any Taxes (other than (A) Indemnified Taxes, (B) Taxes described in clauses (b) through (d) of the
definition of Excluded Taxes and (C) Connection Income Taxes) on its loans, loan principal, letters of credit, commitments or other
obligations, or its deposits, reserves, other liabilities or capital attributable thereto; or</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;impose
on any Liquidity Bank any other condition regarding this Agreement or its Liquidity Commitment,</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">and the result of any event referred
to in clause (i)-(iii) above shall be to increase the cost to any Liquidity Bank of issuing or maintaining its Liquidity Commitment
or its LIBOR Liquidity Loans (or, in the case of (ii) above, any Liquidity Loans) or to reduce the amounts receivable by any Liquidity
Bank hereunder (which increase in cost or reduction in amounts receivable shall be the result of any Liquidity Bank&rsquo;s reasonable
allocation of the aggregate of such cost increase or reductions resulting from such events), then, upon written demand by any Liquidity
Bank, BAFC shall, within ten (10) Business Days of receipt of such demand, be obligated to pay to such Liquidity Bank, from time
to time as specified by such Liquidity Bank, additional amounts which in the aggregate shall be sufficient to compensate such Liquidity
Bank for such increased cost or reduction, together with interest on each such amount from the date demanded until payment in full
thereof at a rate per annum equal to the lesser of (A) the Legal Rate or (B) ABR. A certificate setting forth in reasonable detail
such increased cost incurred or reduction in amounts receivable by any Liquidity Bank as a result of any event mentioned in clause
(i), (ii) or (iii) of this subsection, submitted by any Liquidity Bank to BAFC, shall, unless otherwise required by law, be conclusive,
absent manifest error, as to the amount thereof. Each Liquidity Bank shall give BAFC and the Administrative Agent notice, within
a reasonable period of time of such Liquidity Bank having actual knowledge of the occurrence of any event that will entitle such
Liquidity Bank to claim the payment of additional amounts under this <U>subsection 4.05(a)</U>. Notwithstanding the foregoing,
BAFC shall not be required to pay any Liquidity Bank, as applicable, such additional amounts to the extent such amounts relate
to periods more than one hundred and eighty (180) days prior to the date of BAFC&rsquo;s receipt of such demand; <U>provided</U>
that, if such change in law giving rise to such increased cost or reduction is retroactive, then the one hundred and eighty (180)
day period shall be extended to include the period of retroactive effect thereof.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
any of the events requiring payments of additional amounts by BAFC under subsection (a) occurs, each Liquidity Bank shall take
such steps as may be reasonable to avoid BAFC being required to pay any additional amounts and shall consult with BAFC in good
faith with a view to agreeing to alternative arrangements which would not subject such Liquidity Bank to any unreimbursed cost
and would not otherwise be disadvantageous to such Liquidity Bank, whereby any such requirement can be avoided or mitigated, including
without limitation, fulfilling any such Liquidity Bank&rsquo;s obligations through another branch or affiliate.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
any Liquidity Bank shall have determined that on or after the date hereof, the adoption of any applicable law, rule or regulation
regarding capital adequacy or liquidity, or any change therein, or any change in the interpretation or administration thereof by
any governmental authority, central bank or comparable agency charged with the interpretation or administration thereof, or compliance
by any Liquidity Bank or any corporation controlling such Liquidity Bank with any request or directive regarding capital adequacy
or liquidity (whether or not having the force of law) of any such authority, central bank or comparable agency, has or would have
the effect of reducing the rate of return on the capital of such Liquidity Bank or such corporation as a consequence of the Liquidity
Commitment or its obligations hereunder or under any participation agreement to a level below that which such Liquidity Bank or
such corporation could have achieved but for such adoption, change or compliance (taking into consideration the policies of such
Liquidity Bank or such corporation with respect to capital adequacy or liquidity) by an amount deemed by such Liquidity Bank to
be material, then from time to time, within ten (10) Business Days after demand by such Liquidity Bank, BAFC shall be obligated
to pay or cause to be paid to such Liquidity Bank such additional amount or amounts as will compensate such Liquidity Bank for
such reduction. Each Liquidity Bank shall give BAFC and the Administrative Agent notice within a reasonable time of such Liquidity
Bank having actual knowledge of the occurrence of any event that will entitle the Liquidity Bank to claim the payment of additional
amounts under this <U>subsection 4.05(c)</U>. Notwithstanding the foregoing, BAFC shall not be required to pay any Liquidity Bank,
as applicable, such additional amounts to the extent such amounts relate to periods more than one hundred and eighty (180) days
prior to the date of BAFC&rsquo;s receipt of such demand; <U>provided</U> that, if such change in law giving rise to such reduction
is retroactive, then the one hundred and eighty (180) day period shall be extended to include the period of retroactive effect
thereof.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
any Liquidity Bank (i) has failed to consent to a proposed amendment, waiver or other modification that, pursuant to the terms
of <U>Section 11.03</U>, requires the consent of all Liquidity Banks, or all affected Liquidity Banks, and with respect to which
the Majority Liquidity Banks shall have granted their consent or (ii) on its own behalf makes a demand for amounts owed under
this <U>Section 4.05</U>, BAFC shall have the right, if no event then exists which is or with the lapse of time or notice or both
would be a Mandatory Liquidation Event, within ninety (90) days of the date of such demand, to remove such Liquidity Bank (the
&ldquo;<U>Affected Person</U>&rdquo;) and to designate another lender (the &ldquo;<U>Replacement Person</U>&rdquo;) reasonably
acceptable to the Administrative Agent and meeting the requirements of <U>Section 11.05</U> hereof to purchase the Affected Person&rsquo;s
outstanding Liquidity Loans and to assume the Affected Person&rsquo;s obligations under this Agreement; <U>provided</U> that increased
costs incurred by such Liquidity Bank prior to the date of its replacement shall have been paid as provided in the previous paragraph;
and <U>provided</U>&nbsp;<U>further</U>, that BAFC first receives confirmation from the Series 2000-1 Rating Agencies that such
replacement will not result in the reduction or withdrawal of the rating of the Commercial Paper. The Affected Person agrees to
sell to the Replacement Person its outstanding Liquidity Loans (at par, with accrued interest through the date of purchase, in
immediately available funds) and to delegate to the Replacement Person its obligations to BAFC and its future obligations to the
Administrative Agent under this Agreement. Upon such sale and delegation by the Affected Person and the purchase and assumption
by the Replacement Person, and compliance with the provisions of <U>Section 11.05</U> hereof, the Affected Person shall cease
to be a Liquidity Bank hereunder and the Replacement Person shall become a Liquidity Bank under this Agreement. Each Affected
Person shall continue to be entitled to receive from BAFC its share of interest, fees, costs and other sums which have not been
assigned by the Affected Person to the Replacement Person.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Notwithstanding
anything herein to the contrary (i) all requests, rules, guidelines, requirements and directive promulgated by the Bank for International
Settlements, the Basel Committee on Banking Supervision (or any successor or similar authority) or by the United States or foreign
regulatory authorities, in each case pursuant to Basel III, and (ii) the Dodd-Frank Wall Street Reform and Consumer Protection
Act and all requests, rules, guidelines, requirements and directives thereunder or issued in connection therewith or in implementation
thereof, shall in each case be deemed to be a change in Requirements of Law, regardless of the date enacted, adopted, issued or
implemented.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Notwithstanding
anything in this Agreement to the contrary, it is understood that any Participant shall be entitled to the payment of increased
costs under this <U>Section 4.05</U> and <U>Section 4.06</U> hereof to the extent such increased costs would have been required
to be paid had no participating interest been sold.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">SECTION 4.06&#9;<U>Taxes</U>.
For purposes of this <U>Section 4.06</U>, the term &ldquo;applicable law&rdquo; includes FATCA.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All
payments made by or on behalf of BAFC under this Agreement or any other Transaction Document shall be made free and clear of, and
without deduction or withholding for or on account of, any Taxes; <U>provided</U>, that if any Taxes are required by applicable
law to be deducted or withheld from any amounts payable to the Administrative Agent or any Liquidity Bank, as determined in good
faith by the applicable Withholding Agent, (x) the applicable Withholding Agent shall be entitled to make such deduction or withholding
and shall timely pay the amount deducted or withheld to the relevant Governmental Authority in accordance with applicable law and
(y) if such Tax is an Indemnified Tax, then the sum payable by BAFC to the Administrative Agent or such Liquidity Bank shall be
increased to the extent necessary so that after such deduction or withholding has been made (including such deductions and withholdings
applicable to additional sums payable under this Section), the Administrative Agent or such Liquidity Bank receives an amount equal
to the sum it would have received had no such withholding or deduction been made.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In
addition, BAFC shall pay any Other Taxes to the relevant Governmental Authority in accordance with applicable law.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Whenever
any Indemnified Taxes are payable by BAFC, as promptly as possible thereafter BAFC shall send to the Administrative Agent for its
own account or for the account of the relevant Liquidity Bank, as the case may be, a certified copy of an original official receipt
received by BAFC showing payment thereof, a copy of the tax return reporting such payment or other evidence of such payment reasonably
satisfactory to the Administrative Agent. BAFC shall indemnify the Administrative Agent and each Liquidity Bank, within ten (10)
days after demand therefor, for the full amount of any Indemnified Taxes (including Indemnified Taxes imposed or asserted on or
attributable to amounts payable under this Section) payable or paid by the Administrative Agent or such Liquidity Bank or required
to be withheld or deducted from a payment to the Administrative Agent or such Liquidity Bank and any reasonable expenses arising
therefrom or with respect thereto, whether or not such Indemnified Taxes were correctly or legally imposed or asserted by the relevant
Governmental Authority. A certificate as to the amount of such payment or liability delivered to BAFC by a Liquidity Bank (with
a copy to the Administrative Agent), or by the Administrative Agent on its own behalf or on behalf of a Liquidity Bank, shall be
conclusive absent manifest error.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
Liquidity Bank shall severally indemnify the Administrative Agent, within ten (10) days after receiving demand therefor, for the
full amount of (i) any Indemnified Taxes that are attributable to such Liquidity Bank and that are payable or paid by the Administrative
Agent (but only to the extent that BAFC has not already indemnified the Administrative Agent for such Indemnified Taxes and without
limiting the obligation of BAFC to do so), (ii) any Taxes attributable to such Liquidity Bank&rsquo;s failure to comply with the
provisions of <U>Section 11.05(b)</U> relating to the maintenance of a Participant Register, and (iii) any Excluded Taxes attributable
to such Liquidity Bank, in each case that are payable or paid by the Administrative Agent in connection with any Transaction Document,
together with all reasonable costs and expenses arising therefrom or with respect thereto, as determined by the Administrative
Agent in good faith, whether or not such Indemnified Taxes were correctly or legally imposed or asserted by the relevant Governmental
Authority. A certificate as to the amount of such payment or liability delivered to any Liquidity Bank by the Administrative Agent
shall be conclusive absent manifest error. Each Liquidity Bank hereby authorizes the Administrative Agent to set off and apply
any and all amounts at any time owing to such Liquidity Bank under any Transaction Document or otherwise payable by the Administrative
Agent to the Liquidity Bank from any other source against any amount due to the Administrative Agent under this paragraph (d).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
Liquidity Bank (or its assignee or Participant) that is a &ldquo;United States person&rdquo; as defined in Section 7701(a)(30)
of the Code shall deliver to BAFC and the Administrative Agent on or before the date on which it becomes a party to this Agreement
(and thereafter upon the reasonable request of BAFC or Administrative Agent) two properly completed and duly signed copies of U.S.
Internal Revenue Service Form W-9 (or any successor form) certifying that such Liquidity Bank is exempt from U.S. federal backup
withholding tax.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
Liquidity Bank (or its assignee or Participant) that is not a United States person (a &ldquo;<U>Non-U.S. Liquidity Bank</U>&rdquo;)
shall deliver to BAFC and the Administrative Agent (or, in the case of an assignee or Participant, to the Liquidity Bank from which
the related participation shall have been purchased) on or about the date on which such Non-U.S. Liquidity Bank becomes a Liquidity
Bank under this Agreement (or, in the case of any Participant, on or before the date such Participant purchases the related participation)
and from time to time thereafter upon the reasonable request of BAFC or the Administrative Agent whichever of the following is
applicable:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 94.5pt">(i) in the
case of a Non-U.S. Liquidity Bank claiming the benefits of an income tax treaty to which the United States is a party (x) with
respect to payments of interest under any Commercial Paper Program Document, two copies of either U.S. Internal Revenue Service
Form W-8BEN or Form W-8BEN-E establishing an exemption from, or reduction of, U.S. federal withholding Tax pursuant to the &ldquo;interest&rdquo;
article of such tax treaty and (y) with respect to any other applicable payments under any Commercial Paper Program Document, U.S.
Internal Revenue Service Form W-8BEN or Form W-8BEN-E establishing an exemption from, or reduction of, U.S. federal withholding
Tax pursuant to the &ldquo;business profits&rdquo; or &ldquo;other income&rdquo; article of such tax treaty;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 94.5pt">(ii) two copies
of U.S. Internal Revenue Service Form W-8ECI;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 94.5pt">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 94.5pt">(iii) in the
case of a Non-U.S. Liquidity Bank claiming the benefits of the exemption for portfolio interest under Section 881(c) of the Code,
(x) a certificate substantially in the form of Exhibit C-1 to the effect that such Non-U.S. Liquidity Bank is not a &ldquo;bank&rdquo;
within the meaning of Section 881(c)(3)(A) of the Code, a &ldquo;10 percent shareholder&rdquo; of BAFC within the meaning of Section
871(h)(3)(B) of the Code, or a &ldquo;controlled foreign corporation&rdquo; related to BAFC as described in Section 881(c)(3)(C)
of the Code (a &ldquo;U.S. Tax Compliance Certificate&rdquo;) and (y) two copies of U.S. Internal Revenue Service Form W-8BEN or
W-8BEN-E; or</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 94.5pt">&nbsp;</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 94.5pt">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 94.5pt">(iv) to the
extent a Non-U.S. Liquidity Bank is not the beneficial owner, two copies of U.S. Internal Revenue Service Form W-8IMY, accompanied
by U.S. Internal Revenue Service Form W-8ECI, U.S. Internal Revenue Service Form W-8BEN, U.S. Internal Revenue Service Form W-8BEN-E,
a U.S. Tax Compliance Certificate substantially in the form of Exhibit C-2 or Exhibit C-3, U.S. Internal Revenue Service Form W-9,
and/or other certification documents from each beneficial owner, as applicable; provided that if the Non-U.S. Liquidity Bank is
a partnership and one or more direct or indirect partners of such Non-U.S. Liquidity Bank are claiming the portfolio interest exemption,
such Non-U.S. Liquidity Bank may provide a U.S. Tax Compliance Certificate substantially in the form of Exhibit C-4 on behalf of
each such direct and indirect partner.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 94.5pt">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
Non-U.S. Liquidity Bank shall deliver any other form prescribed by applicable requirements of U.S. federal income tax law as a
basis for claiming exemption from or a reduction in U.S. federal withholding tax duly completed together with such supplementary
documentation as may be prescribed by applicable requirements of law to permit BAFC and the Administrative Agent to determine the
withholding or deduction required to be made. Such forms shall be delivered by each Non-U.S. Liquidity Bank on or before the date
it becomes a party to this Agreement (or, in the case of any Participant, on or before the date such Participant purchases the
related participation) and from time to time thereafter upon the reasonable request of BAFC or the Administrative Agent. Notwithstanding
any other provision of this Section, no Liquidity Bank shall be required to deliver any form pursuant to this Section that such
Liquidity Bank is not legally able to deliver.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A
Liquidity Bank (or Participant) that is entitled to an exemption from or reduction of non-U.S. withholding tax under the law of
the jurisdiction in which BAFC is located, or any treaty to which such jurisdiction is a party, with respect to payments under
this Agreement shall deliver to BAFC (with a copy to the Administrative Agent), at the time or times prescribed by applicable law
or reasonably requested by BAFC or the Administrative Agent, such properly completed and executed documentation prescribed by applicable
law as will permit such payments to be made without withholding or at a reduced rate, <U>provided</U> that such Liquidity Bank
(or Participant) is legally entitled to complete, execute and deliver such documentation and in such Liquidity Bank&rsquo;s (or
Participant&rsquo;s) reasonable judgment such completion, execution or submission would not materially prejudice the legal or commercial
position of such Liquidity Bank (or Participant).</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
a payment made to a Liquidity Bank under any Transaction Document would be subject to U.S. federal withholding tax imposed by FATCA
if such Liquidity Bank were to fail to comply with the applicable reporting requirements of FATCA (including those contained in
Section 1471(b) or 1472(b) of the Code, as applicable), such Liquidity Bank shall deliver to BAFC and the Administrative Agent
at the time or times prescribed by law and at such time or times reasonably requested by BAFC or the Administrative Agent such
documentation prescribed by applicable law (including as prescribed by Section 1471(b)(3)(C)(i) of the Code) and such additional
documentation reasonably requested by BAFC or the Administrative Agent as may be necessary for BAFC and the Administrative Agent
to comply with their obligations under FATCA and to determine that such Liquidity Bank has complied with such Liquidity Bank&rsquo;s
obligations under FATCA or to determine the amount to deduct and withhold from such payment. Solely for purposes of this paragraph
(g), &ldquo;FATCA&rdquo; shall include any amendments made to FATCA after the date of this Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(j)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
Liquidity Bank agrees that if any form or certification it previously delivered pursuant to this <U>Section 4.06</U> expires or
becomes obsolete or inaccurate in any respect, it shall update such form or certification or promptly notify BAFC and the Administrative
Agent in writing of its legal inability to do so.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(k)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
the Administrative Agent or a Liquidity Bank determines, in its sole good faith discretion, that it has received a refund of any
Indemnified Taxes as to which it has been indemnified by BAFC or with respect to which BAFC has paid additional amounts pursuant
to this <U>Section 4.06</U>, it shall pay to BAFC an amount equal to such refund (but only to the extent of indemnity payments
made, or additional amounts paid, by BAFC under this <U>Section 4.06</U> with respect to Indemnified Taxes giving rise to such
refund), net of all out-of-pocket expenses of the Administrative Agent or such Liquidity Bank and without interest (other than
any interest paid by the relevant Governmental Authority with respect to such refund); <U>provided</U>, that BAFC agrees to pay,
upon the request of the Administrative Agent or such Liquidity Bank, the amount paid over to BAFC pursuant to this paragraph (i)
(plus any penalties, interest or other charges imposed by the relevant Governmental Authority) to the Administrative Agent or such
Liquidity Bank in the event that the Administrative Agent or such Liquidity Bank is required to repay such refund to such Governmental
Authority. Notwithstanding anything to the contrary in this paragraph (i), in no event will the indemnified party be required to
pay any amount to an indemnifying party pursuant to this paragraph (i) the payment of which would place the indemnified party in
a less favorable net after-tax position than the indemnified party would have been in if the indemnification payments or additional
amounts giving rise to such refund had never been paid. This <U>Section 4.06(i)</U> shall not be construed to require the Administrative
Agent or a Liquidity Bank to make available its Tax returns (or any other information relating to its Taxes that it deems confidential)
to BAFC.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(l)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
agreements in this Section shall survive the termination of this Agreement and the payment of the Liquidity Loans and all other
amounts payable hereunder.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">SECTION 4.07&#9;<U>Addition,
Removal and Downgrading of Liquidity Banks</U>. If at any time either (a) the short-term credit rating assigned to any Liquidity
Bank by S&amp;P or Moody&rsquo;s is withdrawn, downgraded or otherwise below &ldquo;A-1&rdquo; or &ldquo;P-1&rdquo;, respectively,
and with respect to any such Liquidity Bank there is not a confirming obligation under a letter of credit or other similar instrument
to fund Liquidity Loans hereunder by a bank that has been assigned a short-term credit rating of at least &ldquo;A-1&rdquo; and
&ldquo;P-1&rdquo; by S&amp;P and Moody&rsquo;s, respectively, or (b) a Liquidity Bank becomes a Defaulting Liquidity Bank, then
BAFC may, upon five (5) Business Days&rsquo; prior written notice given to the Administrative Agent and such affected Liquidity
Bank, replace such affected Liquidity Bank with a bank having short-term ratings of at least &ldquo;A-1&rdquo; by S&amp;P and &ldquo;P-1&rdquo;
by Moody&rsquo;s or with a Liquidity Bank already a party to this Agreement (which bank shall sign such documents and instruments
as shall be appropriate to assume the obligations of such affected Liquidity Bank hereunder), <U>provided</U> that no such replacement
pursuant to this sentence shall be effective unless each Series 2000-1 Rating Agency shall have confirmed in writing to BAFC and
the Administrative Agent that such replacement would not result in a withdrawal or reduction of the rating by such Series 2000-1
Rating Agency of the Commercial Paper. In the event that such affected Liquidity Bank is not replaced within thirty (30) days,
such affected Liquidity Bank&rsquo;s Percentage of the Aggregate Liquidity Commitment and its Liquidity Commitment shall be reduced
by such amount whereupon the Percentages of the Aggregate Liquidity Commitment of the Liquidity Banks remaining shall be automatically
adjusted so as to equal 100% in the aggregate, and the Administrative Agent shall notify the Liquidity Banks of such adjustment,
<U>provided</U> that in no event shall any such action under this sentence be effective hereunder if the Credits Outstanding would
exceed the Aggregate Available Liquidity Commitment as so reduced unless the provisions of <U>subsection 4.03(c)(ii)</U> are complied
with as if such affected Liquidity Bank were an Exiting Bank. Until such time as one of the actions required by the preceding provisions
of this Section hereof is completed, the affected Liquidity Bank&rsquo;s Percentage of the Aggregate Liquidity Commitment shall
not be terminated (except as otherwise provided in <U>Section 4.01(a)</U> and <U>Section 5.04</U>).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">SECTION 4.08&#9;<U>Illegality</U>.
If, after the date of this Agreement, the introduction of, or any change in, any applicable law, rule or regulation or in the interpretation
or administration thereof by any Governmental Authority shall, in the reasonable opinion of counsel to any Liquidity Bank, make
it unlawful for such Liquidity Bank to make or maintain any LIBOR Liquidity Loan or if it becomes unlawful and/or contrary to Sanctions,
or declared to be contrary to Sanctions or sanctionable by any Sanctions Authority for such Liquidity Bank to make or maintain
any LIBOR Liquidity Loan, then such Liquidity Bank may, by notice to BAFC (with notice to the Administrative Agent), immediately
declare that such LIBOR Liquidity Loan shall be due and payable. BAFC shall repay any such LIBOR Liquidity Loan declared so due
and payable in full on the last day of the Interest Period applicable thereto or earlier if required by law, together with accrued
interest thereon. Each Liquidity Bank will promptly notify BAFC and the Administrative Agent of any event of which such Liquidity
Bank has knowledge which would entitle it to prepayment pursuant to this <U>Section 4.08</U> and will use its reasonable efforts
to mitigate the effect of any event if, in the sole and absolute opinion of such Liquidity Bank, such efforts will avoid the need
for such prepayment and will not be otherwise disadvantageous to such Liquidity Bank.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">SECTION 4.09&#9;<U>Alternate
Rate of Interest</U>.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Subject
to clauses (b), (c), (d), (e), (f) and (g) of this <U>Section 4.09</U>, if prior to the first day of any Interest Period for a
LIBOR Liquidity Loan:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Administrative Agent determines (which determination shall be conclusive absent manifest error) that adequate and reasonable means
do not exist for ascertaining the Adjusted LIBOR Rate or the LIBOR Rate, as applicable, for any requested Interest Period, including
because the LIBOR Screen Rate is not available or published on a current basis, or</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Administrative Agent is advised by the Majority Liquidity Banks that the Adjusted LIBOR Rate or the LIBOR Rate, as applicable,
for any requested Interest Period will not adequately and fairly reflect the cost to such Liquidity Banks (or Liquidity Bank) of
making or maintaining their Liquidity Loans (or its Liquidity Loan), including in such Borrowing for such Interest Period;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify">then the Administrative Agent
shall give notice thereof to BAFC and the Liquidity Banks by telephone, telecopy or electronic mail as promptly as practicable
thereafter and, until the Administrative Agent notifies BAFC and the Liquidity Banks that the circumstances giving rise to such
notice no longer exist, (x) any interest election request that requests the conversion of any Borrowing to, or continuation of
any Borrowing as, a LIBOR Liquidity Loan shall be ineffective and (B) if any Borrowing request requests LIBOR Liquidity Loans,
such Borrowing shall be made as Prime Rate Liquidity Loans. Furthermore, if any LIBOR Liquidity Loan is outstanding on the date
of BAFC&rsquo;s receipt of the notice from the Administrative Agent referred to in this &lrm;Section 4.09(a) with respect to the
applicable rate applicable to such LIBOR Liquidity Loan, then until the Administrative Agent notifies BAFC and the Liquidity Banks
that the circumstances giving rise to such notice no longer exist, (i) then on the last day of the Interest Period applicable to
such LIBOR Liquidity Loan (or the next succeeding Business Day if such day is not a Business Day), such LIBOR Liquidity Loan shall
be converted by the Administrative Agent to, and shall constitute, a Prime Rate Liquidity Loan on such day.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Benchmark
Replacement</U>. Notwithstanding anything to the contrary herein or in any Liquidity Loan Note, if a Benchmark Transition Event,
an Early Opt-in Election or an Other Benchmark Rate Election, as applicable, and its related Benchmark Replacement Date have occurred
prior to the Reference Time in respect of any setting of the then-current Benchmark, then (x) if a Benchmark Replacement is determined
in accordance with clause (1) or (2) of the definition of &ldquo;Benchmark Replacement&rdquo; for such Benchmark Replacement Date,
such Benchmark Replacement will replace such Benchmark for all purposes hereunder and under any Liquidity Loan Note in respect
of such Benchmark setting and subsequent Benchmark settings without any amendment to, or further action or consent of any other
party to, this Agreement or any Liquidity Loan Note and (y) if a Benchmark Replacement is determined in accordance with clause
(3) of the definition of &ldquo;Benchmark Replacement&rdquo; for such Benchmark Replacement Date, such Benchmark Replacement will
replace such Benchmark for all purposes hereunder and under any Liquidity Loan Note in respect of any Benchmark setting at or after
5:00 p.m. (New York City time) on the fifth (5th) Business Day after the date notice of such Benchmark Replacement is provided
to the Liquidity Banks without any amendment to, or further action or consent of any other party to, this Agreement or any Liquidity
Loan Note so long as the Administrative Agent has not received, by such time, written notice of objection to such Benchmark Replacement
from Liquidity Banks comprising the Majority Liquidity Banks.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Flip
Forward</U>. Notwithstanding anything to the contrary herein or in any Liquidity Loan Note and subject to the proviso below in
this paragraph, if a Term SOFR Transition Event and its related Benchmark Replacement Date have occurred prior to the Reference
Time in respect of any setting of the then-current Benchmark, then the applicable Benchmark Replacement will replace the then-current
Benchmark for all purposes hereunder or under any Liquidity Loan Note in respect of such Benchmark setting and subsequent Benchmark
settings, without any amendment to, or further action or consent of any other party to, this Agreement or any other Liquidity Loan
Note; <U>provided</U> that, this <U>Section 4.09(c)</U> shall not be effective unless the Administrative Agent has delivered to
the Liquidity Banks and BAFC a Term SOFR Notice. Notwithstanding anything contained herein to the contrary, the Administrative
Agent shall not be required to deliver a Term SOFR Notice after the occurrence of a Term SOFR Transition Event and may do so in
its sole discretion. For the avoidance of doubt, any applicable provisions set forth in this <U>Section 4.09</U> shall apply with
respect to any Term SOFR transition pursuant to this <U>Section 4.09(c)</U> as if such forward-looking term rate was initially
determined in accordance herewith including, without limitation, the provisions set forth in <U>Section 4.09(d)</U> and <U>Section
1.02</U>.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Benchmark
Replacement Conforming Changes</U>. In connection with the implementation of a Benchmark Replacement, the Administrative Agent
will have the right to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary
herein or in any Liquidity Loan Note, any amendments implementing such Benchmark Replacement Conforming Changes will become effective
without any further action or consent of any other party to this Agreement or any other Transaction Document.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Notices;
Standards for Decisions and Determinations</U>. The Administrative Agent will promptly notify BAFC and the Liquidity Banks of (i)
any occurrence of a Benchmark Transition Event, an Early Opt-in Election or an Other Benchmark Rate Election, as applicable, and
its related Benchmark Replacement Date, (ii) the implementation of any Benchmark Replacement, (iii) the effectiveness of any Benchmark
Replacement Conforming Changes, (iv) the removal or reinstatement of any tenor of a Benchmark pursuant to <U>clause (f)</U> below
and (v) the commencement or conclusion of any Benchmark Unavailability Period. Any determination, decision or election that may
be made by the Administrative Agent or, if applicable, any Liquidity Bank (or group of Liquidity Banks) pursuant to this <U>Section
4.09</U>, including any determination with respect to a tenor, rate or adjustment or of the occurrence or non-occurrence of an
event, circumstance or date and any decision to take or refrain from taking any action or any selection, will be conclusive and
binding absent manifest error and may be made in its or their sole discretion and without consent from any other party to this
Agreement or any Liquidity Loan Note, except, in each case, as expressly required pursuant to this <U>Section 4.09</U>.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Unavailability
of Tenor of Benchmark</U>. Notwithstanding anything to the contrary herein or in any Liquidity Loan Note, at any time (including
in connection with the implementation of a Benchmark Replacement), (i) if the then-current Benchmark is a term rate (including
Term SOFR or LIBOR Rate) and either (A) any tenor for such Benchmark is not displayed on a screen or other information service
that publishes such rate from time to time as selected by the Administrative Agent in its reasonable discretion or (B) the regulatory
supervisor for the administrator of such Benchmark has provided a public statement or publication of information announcing that
any tenor for such Benchmark is or will be no longer representative, then the Administrative Agent may modify the definition of
&ldquo;Interest Period&rdquo; for any Benchmark settings at or after such time to remove such unavailable or non-representative
tenor and (ii) if a tenor that was removed pursuant to clause (i) above either (A) is subsequently displayed on a screen or information
service for a Benchmark (including a Benchmark Replacement) or (B) is not, or is no longer, subject to an announcement that it
is or will no longer be representative for a Benchmark (including a Benchmark Replacement), then the Administrative Agent may modify
the definition of &ldquo;Interest Period&rdquo; for all Benchmark settings at or after such time to reinstate such previously removed
tenor.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Benchmark
Unavailability Period</U>. Upon BAFC&rsquo;s receipt of notice of the commencement of a Benchmark Unavailability Period, BAFC may
revoke any request for a Borrowing of, conversion to or continuation of eurocurrency borrowings to be made, converted or continued
during any Benchmark Unavailability Period and, failing that, BAFC will be deemed to have converted any such request into a request
for a Borrowing of or conversion to ABR Loans. During any Benchmark Unavailability Period or at any time that a tenor for the then-current
Benchmark is not an Available Tenor, the component of ABR based upon the then-current Benchmark or such tenor for such Benchmark,
as applicable, will not be used in any determination of ABR. Furthermore, if any Liquidity Loan is outstanding on the date of BAFC&rsquo;s
receipt of notice of the commencement of a Benchmark Unavailability Period, then until such time as a Benchmark Replacement is
implemented pursuant to this &lrm;<U>Section 4.08</U> on the last day of the Interest Period applicable to such Liquidity Loan
(or the next succeeding Business Day if such day is not a Business Day), such Liquidity Loan shall be converted by the Administrative
Agent to, and shall constitute, a Prime Rate Liquidity Loan.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>ARTICLE V<FONT STYLE="text-transform: uppercase"><BR>
<BR>
PAYMENTS</FONT></B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">SECTION 5.01&#9;<U>Payments
on Non-Business Days</U>. Whenever any payment to be made hereunder or under a Liquidity Loan Note shall be stated to be due on
a day which is not a Business Day, the due date thereof shall be extended to the next succeeding Business Day and interest shall
be payable at the applicable rate during such extension.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">SECTION 5.02&#9;<U>Prepayments</U>.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BAFC
shall have the right to prepay the Liquidity Loans in whole or in part, without premium (but subject to <U>subsection 4.01(b)</U>),
at any time on the following terms and conditions: (i) BAFC shall deliver notice to the Administrative Agent no later than 10:00
a.m., New York City time, (A) with respect to any LIBOR Liquidity Loan, three (3) Business Days prior to such repayment date and
(B) with respect to any Prime Rate Liquidity Loan, on the date of such repayment, (ii) each prepayment shall be in a principal
amount of not less than $1,000,000 and integral multiples of $1,000,000 in excess thereof or equal to the then outstanding principal
amount of the Liquidity Loans being prepaid and (iii) each prepayment must be accompanied by the payment of accrued interest on
the amount prepaid to the date of prepayment.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If,
on any day, the Credits Outstanding exceeds the then current Aggregate Available Liquidity Commitment, BAFC shall be obligated
to prepay Liquidity Loans in an amount equal to such excess but not exceeding the amount of such Liquidity Loans made by the Liquidity
Banks to BAFC.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
on any day on which any Liquidity Loan is outstanding (other than a Liquidity Loan made pursuant to <U>subsection 3.01(a)(v)</U>)
BAFC is able to sell Commercial Paper, BAFC shall be obligated to sell Commercial Paper in an amount sufficient to prepay Liquidity
Loans in an amount equal to the lesser of (x) the aggregate amount of Liquidity Loans outstanding or (y) the proceeds from the
sale of the maximum amount of Commercial Paper that BAFC is able to sell on such day in excess of the proceeds needed to pay Commercial
Paper maturing on such day.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">SECTION 5.03&#9;<U>Cash
Collateral Account</U>. For the purpose of facilitating the transactions contemplated by this Agreement, the Collateral Agent has
established on behalf of BAFC a special purpose trust account (for the benefit of the Secured Parties), identified as the BAFC
Cash Collateral Account, the operation of which shall be governed by the Security Agreement (said account being referred to as
the &ldquo;<U>Cash Collateral Account</U>&rdquo;).</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">SECTION 5.04&#9;<U>Method
and Place of Payment, etc</U>. All payments by BAFC under this Agreement and the Liquidity Loan Notes owing to the Liquidity Banks
shall be made to the Administrative Agent without setoff or counterclaim for distribution to each Liquidity Bank (or to an Exiting
Bank, in the case of an Exiting Loan) in accordance with the Liquidity Facility Fee Letter and the Liquidity Loan Notes not later
than 2:00 p.m. (New York City time) on the date when due and shall be made in freely transferable Dollars and in immediately available
funds at the Payment Office. Upon receipt of such payment, the Administrative Agent shall promptly remit to each Liquidity Bank
its pro rata share (or, in the case of payments with respect to Exiting Loans, the entire amount) of the payment; <U>provided</U>,
that BAFC shall not be obligated to pay any Commitment Fee owed to a Liquidity Bank with respect to any period during which such
Liquidity Bank became a Defaulting Liquidity Bank and such Defaulting Liquidity Bank&rsquo;s Liquidity Commitment shall not be
included in the calculation of the Commitment Fees owed to Liquidity Banks that are not Defaulting Liquidity Banks during such
period, unless in either case such Liquidity Bank remains a Performing Liquidity Bank during such period.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">SECTION 5.05&#9;<U>Draws
on and Exchange of the Letter of Credit</U>.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Draws
for Defaulted Loans</U>. If, on any given day, the Administrative Agent has received a Servicer&rsquo;s Certificate with respect
to a Defaulted Loan with instructions to draw on the Letter of Credit or the Administrative Agent otherwise obtains knowledge of
the existence of a Defaulted Loan, the Administrative Agent will draw on the Letter of Credit on such date and if necessary, request
the Collateral Agent to withdraw amounts deposited in the Reserve Account on such date in an aggregate amount equal to the lesser
of (x) the Series 2000-1 Invested Percentage of the aggregate unpaid principal amount and accrued and unpaid interest (or discount)
thereon to and including the day prior to the day the Loan has become a Defaulted Loan (calculated by converting any Defaulted
Loans denominated in Approved Currencies other than Dollars into Dollars at the Rate of Exchange) and (y) the Letter of Credit
Amount then in effect and shall deposit and apply the draw amount in accordance with <U>subsection 5.05(c)</U> hereof and shall
instruct the Collateral Agent to reimburse the Letter of Credit Banks for such draw in accordance with the terms of the Security
Agreement; <U>provided</U> that, if the required draw is made pursuant to clause (y) above, the Administrative Agent shall, upon
receipt of notice from the Collateral Agent of payment of the Repayment Amount to the Letter of Credit Bank, submit as promptly
as practicable a successive draw on the Letter of Credit for the lesser of (i) the amount of such excess principal plus accrued
and unpaid interest (or discount) on such Defaulted Loan (calculated by converting any Defaulted Loans denominated in Approved
Currencies other than Dollars into Dollars at the Rate of Exchange) over the Letter of Credit Amount prior to giving effect to
the first draw or (ii) the entire remaining reinstated Letter of Credit Commitment then available.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Draws
Upon L/C Expiration Date</U>. If the L/C Expiration Date has not been extended by any Letter of Credit Bank pursuant to <U>Section
2.01</U> of the Letter of Credit Reimbursement Agreement on or before such date and if the Administrative Agent has received from
the Servicer a Servicer&rsquo;s Certificate directing it to do so or the Administrative Agent otherwise obtains knowledge that
the L/C Expiration Date has not been extended by any Letter of Credit Bank and either each Exiting Letter of Credit Bank has not
been replaced or the Letter of Credit Commitment has not been reduced in accordance with <U>subsection 2.01(d)</U> of the Letter
of Credit Reimbursement Agreement, then the Administrative Agent shall, on or after the fifth Business Day preceding the upcoming
L/C Expiration Date, draw on the Letter of Credit for the entire Letter of Credit Commitment Shares of each Exiting Letter of Credit
Bank and apply same in accordance with <U>subsection 5.05(c)(ii)</U> hereof.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Deposits
of Letter of Credit Drawings</U>. The Administrative Agent shall deposit all Letter of Credit Disbursements as follows:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Deposit
of Draws for Defaulted Loans</U>. Letter of Credit Disbursements pursuant to <U>subsection 5.05(a)</U> hereof related to Defaulted
Loans shall be deposited into the Cash Collateral Account to be applied to the payment of Liquidity Bank Obligations in accordance
with <U>Sections 5.2</U> and <U>6.2</U> of the Security Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Deposit
of Draws Upon L/C Expiration Date</U>. Letter of Credit Disbursements drawn pursuant to <U>subsection 5.05(b)</U> hereof shall
be deposited into the Reserve Account. Thereafter, the Administrative Agent shall, upon receipt of a Servicer&rsquo;s Certificate
or upon obtaining knowledge of the existence of a Defaulted Loan, in lieu of drawing on the Letter of Credit with respect to any
Exiting Letter of Credit Bank, request withdrawals from the Collateral Agent out of the Reserve Account of draw amounts with respect
to Defaulted Loans and deposit of such amounts by the Collateral Agent into the Cash Collateral Account. The Administrative Agent
shall provide notice to BAFC and the Servicer as promptly as practicable of the fact and amount of such drawings.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Notification
of Drawings</U>. The Administrative Agent shall deliver a copy of each drawing certificate presented to the Letter of Credit Agent
to BAFC, the Servicer, the Guarantor and the Collateral Agent within one Business Day after presenting such drawing certificate.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Notification
of Failure of Letter of Credit Bank to Honor Drawing.</U> The Administrative Agent shall notify BAFC, the Guarantor, the Servicer
and the Collateral Agent as promptly as practicable if any Letter of Credit Bank should fail or refuse to honor a drawing under
the Letter of Credit.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(f)&#9;<U>Replacement
Letter of Credit</U>.&#9; The Administrative Agent shall present the Letter of Credit to the Letter of Credit Agent and receive
the replacement Letter of Credit from the Letter of Credit Bank in a simultaneous exchange on the date requested by BAFC pursuant
to <U>subsection 2.01(c)</U> of the Letter of Credit Reimbursement Agreement. In addition, if the Letter of Credit is to be replaced
pursuant to <U>subsection 2.01(e)</U> of the Letter of Credit Reimbursement Agreement, the Administrative Agent shall present the
Letter of Credit to the Letter of Credit Agent and receive the replacement Letter of Credit on the date specified in BAFC&rsquo;s
request to the Letter of Credit Agent in accordance with such <U>subsection 2.01(e)</U>. Upon receipt of such replacement Letter
of Credit, or upon receipt of an amended Letter of Credit pursuant to such <U>subsection 2.01(e)</U>, the Administrative Agent
shall notify BAFC, the Servicer and the Collateral Agent by telephone, and shall subsequently transmit a facsimile of such amended
or replacement Letter of Credit to said parties.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Letter
of Credit Amount</U>. On each day prior to and on the Liquidity Commitment Expiration Date, the sum of (i) the amount of funds
on deposit in the Reserve Account and (ii) the amount of the Letter of Credit that is in full force and effect shall equal the
Letter of Credit Commitment; <U>provided</U>, <U>however</U>, that upon the downgrade or removal of S&amp;P&rsquo;s and Moody&rsquo;s
long-term unsecured debt rating of the Guarantor, BLFC or the Trust which requires the Letter of Credit Commitment to be increased
in accordance with <U>subsection 2.01(e)</U> of the Letter of Credit Reimbursement Agreement, BAFC shall have thirty (30) days
to either (x) obtain a substitute Letter of Credit or an amendment to the existing Letter of Credit reflecting the Letter of Credit
Commitment as so increased or (y) deposit additional funds in the Reserve Account in an amount equal to the amount by which the
Letter of Credit Commitment is required to be increased. Following the deposit by BAFC of any amounts in the Reserve Account, the
Administrative Agent may, upon receipt of a Servicer&rsquo;s Certificate or upon obtaining knowledge of the existence of a Defaulted
Loan, request withdrawals from the Collateral Agent out of the Reserve Account of draw amounts with respect to Defaulted Loans
and deposit of such amounts by the Collateral Agent into the Cash Collateral Account. The Administrative Agent shall provide notice
to BAFC and the Servicer as promptly as practicable of the fact and amount of such drawings.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>ARTICLE VI<FONT STYLE="text-transform: uppercase"><BR>
<BR>
CONDITIONS PRECEDENT</FONT></B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">SECTION 6.01&#9;<U>Conditions
to Effectiveness</U>. This Agreement shall become effective on the first day on which all of the following conditions have been
satisfied:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Agreement</U>.
Each Liquidity Bank, the Administrative Agent and BAFC shall have signed a counterpart copy of this Agreement and delivered the
same to the Administrative Agent.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Depositary
Agreement</U>. BAFC and the Depositary shall have executed and delivered the Depositary Agreement; such Agreement shall be in full
force and effect; and the Administrative Agent shall have received a fully executed counterpart thereof.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>The
Liquidity Loan Notes</U>. To the extent requested by a Liquidity Bank, there shall have been delivered to the Administrative Agent
for the account of such Liquidity Bank a Liquidity Loan Note payable to the order of such Liquidity Bank in the amount and as otherwise
provided for in Article III hereto.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Security
Agreement</U>. BAFC, the Servicer, the Administrative Agent, the Letter of Credit Agent and the Collateral Agent shall have executed
and delivered the Security Agreement; such Agreement shall be in full force and effect; and the Administrative Agent shall have
received a fully executed counterpart thereof.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Guaranty</U>.
The Guarantor shall have executed and delivered the Guaranty; the Guaranty shall be in full force and effect; and the Administrative
Agent shall have received a fully executed counterpart thereof.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Letter
of Credit Reimbursement Agreement</U>. BAFC, the Letter of Credit Agent and the Letter of Credit Banks shall have executed and
delivered the Letter of Credit Reimbursement Agreement; such Agreement shall be in full force and effect; and the Administrative
Agent shall have received a fully executed counterpart thereof.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Letter
of Credit</U>. The Letter of Credit Agent and the Letter of Credit Banks shall have executed the Letter of Credit and delivered
it to the Administrative Agent; the Letter of Credit shall be in full force and effect.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Other
Agreements</U>. Each of the other parties thereto shall have executed and delivered the Placement Agency Agreement and each of
the other Transaction Documents, each of which shall be in full force and effect, and the Administrative Agent shall have received
fully executed counterparts thereof.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Series 2000-1 Early Amortization Event or Potential Series 2000-1 Early Amortization Event</U>. As of the date hereof, there shall
exist no Series 2000-1 Early Amortization Event or Potential Series 2000-1 Early Amortization Event.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(j)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Representations
and Warranties</U>. All representations and warranties of (i) BAFC contained in this Agreement and in the other Transaction Documents
or in any document, certificate or financial or other statement delivered in connection herewith or therewith and (ii) the Servicer,
the Guarantor and the Company contained in the Transaction Documents, shall be true and correct with the same force and effect
as though such representations and warranties had been made as of the date hereof.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(k)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Closing
Certificates</U>. The Administrative Agent shall have received in sufficient counterparts for each Liquidity Bank a certificate,
dated the date hereof and executed by a Responsible Officer of each of BAFC, the Company and the Servicer stating that all of the
conditions specified in <U>Section 6.01(i)</U> as applicable to it are then satisfied.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(l)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Filings,
etc</U>. All filings (including, without limitation, pursuant to the UCC) and recordings shall have been accomplished with respect
to the Security Agreement in such jurisdictions as may be required or permitted by law to establish, perfect, protect and preserve
the rights, titles, interests, remedies, powers, privileges, liens and security interests of the Collateral Agent in the collateral
covered by the Security Agreement and any giving of notice or the taking of any other action to such end (whether similar or dissimilar)
required or permitted by law shall have been given or taken.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(m)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Documentation
and Proceedings</U>. The Administrative Agent shall have received copies of the Certificate of Incorporation of BAFC (certified
by the Secretary of State of Delaware), certificates of appropriate officials as to the existence and good standing (if applicable)
of BAFC and the Guarantor, and Bylaws of BAFC, Board of Directors resolutions in respect of the Transaction Documents to which
BAFC or the Guarantor, as applicable, is a party, and incumbency certificates with respect to BAFC and the Guarantor, all satisfactory
in form and substance to the Administrative Agent.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(n)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Bank
Accounts</U>. The Cash Collateral Account, the Commercial Paper Account and the Special Payment Account shall have been established.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(o)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Compliance
with Laws</U>. The Administrative Agent shall have received evidence reasonably satisfactory to it that the business conducted
and proposed to be conducted by BAFC is in compliance with all applicable laws and regulations and that all registrations, filings,
licenses and/or consents required to be obtained by BAFC in connection therewith have been made or obtained, except to the extent
that the failure to comply with the foregoing could not, in the aggregate, reasonably be expected to have a Material Adverse Effect.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(p)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Other
Conditions Precedent</U>. The conditions precedent to the Letter of Credit Reimbursement Agreement shall have been satisfied concurrently.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(q)&#9;<U>Fees</U>.&#9;The
Administrative Agent shall have received payment of all fees and other amounts due and payable to it or the Liquidity Banks on
or before the date hereof.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(r)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>BAFC
Rating</U>. The Administrative Agent shall have received a letter from S&amp;P confirming its &ldquo;A-1&rdquo; rating of BAFC&rsquo;s
commercial paper and a letter from Moody&rsquo;s confirming its &ldquo;P-1&rdquo; rating of BAFC&rsquo;s commercial paper.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(s)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>BL,
Trust and BLFC Rating</U>. The Administrative Agent shall have received evidence reasonably satisfactory to it that BL&rsquo;s
long-term unsecured debt rating is at least &ldquo;BBB-&rdquo; by S&amp;P and either the Trust&rsquo;s or BLFC&rsquo;s long-term
unsecured debt rating is at least &ldquo;Baa3&rdquo; by Moody&rsquo;s.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in"></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(t)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Guarantor
Financials</U>. The Administrative Agent shall have received (i) audited consolidated financial statements of BL for its fiscal
year ended December 31, 2020, and (ii) unaudited consolidated financial statements for its fiscal quarter ended March 31, 2021.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(u)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Beneficial
Ownership Certification</U>. To the extent BAFC qualifies as a &ldquo;legal entity customer&rdquo; under the Beneficial Ownership
Regulation, each Liquidity Bank that has requested, in a written notice to BAFC at least ten (10) days prior to the Amendment Effective
Date, a Beneficial Ownership Certification in relation to BAFC, shall have received such Beneficial Ownership Certification at
least five (5) days prior to the Amendment Effective Date (provided that, upon the execution and delivery by such Liquidity Bank
of its signature page to this Agreement, the condition set forth in this clause (u) shall be deemed to be satisfied).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">SECTION 6.02&#9;<U>Conditions
to Each Issuance of Commercial Paper</U>. The right of BAFC to issue Commercial Paper is subject at the time of such issuance of
Commercial Paper to the satisfaction of the following conditions listed in this <U>Section 6.02</U> (in addition to the condition
set forth in the proviso to <U>Section 2.01(b)</U>) with each issuance of Commercial Paper.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Ratings</U>.
At the time of each issuance of Commercial Paper, a rating of at least &ldquo;A-1&rdquo;, in the case of S&amp;P, and at least
&ldquo;P-1&rdquo;, in the case of Moody&rsquo;s, shall be in full force and effect.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Representations
and Warranties</U>. At the date of such issuance of Commercial Paper and after giving effect thereto, all representations and warranties
of (i) BAFC contained in this Agreement and in the other Transaction Documents or in any document, certificate or financial or
other statement delivered in connection herewith or therewith, unless waived by the Administrative Agent and Letter of Credit Agent,
and (ii) the Servicer, the Guarantor and the Company contained in the Transaction Documents, or in any document, certificate or
financial or other statement delivered in connection therewith, unless waived by the Administrative Agent and Letter of Credit
Agent, in each case shall be true and correct with the same force and effect as though such representations and warranties had
been made as of such date.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Liquidity
Agreement</U>. The Liquidity Agreement shall be in full force and effect on the date of such issuance of Commercial Paper.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Private
Placement Memorandum</U>. Each credit report, private placement memorandum or information circular to be used by BAFC in connection
with the offer or sale of the Commercial Paper shall, only insofar as the same shall describe the Administrative Agent or the obligations
of the Administrative Agent hereunder, have been approved in writing by the Administrative Agent or, only insofar as the same shall
describe any Liquidity Bank or the obligations of any Liquidity Bank hereunder, the Administrative Agent shall obtain the prior
written approval of such Liquidity Bank.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Mandatory Liquidation Event or Mandatory CP Wind-Down Event</U>. At the time of each issuance of Commercial Paper and after giving
effect thereto, (i) no Mandatory Liquidation Event shall have occurred, and (ii) no Mandatory CP Wind-Down Event shall have occurred
with respect to which the Administrative Agent shall have instructed the Depositary not to issue additional Commercial Paper.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">SECTION 6.03&#9;<U>Conditions
Precedent to the Making of Each Liquidity Loan</U>. In addition to the requirements of <U>subsection 3.01(c)</U> hereof, no Liquidity
Bank shall be required to make a Liquidity Loan if at or prior to the time of making such Liquidity Loan an Insolvency Event (as
described in clauses (i)-(iii) of the definition of &ldquo;Insolvency Event&rdquo;) shall have occurred with respect to BAFC.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">SECTION 6.04&#9;<U>Conditions
to the Making of any Liquidity Loan Pursuant to subsection 3.01(a)(v)</U>. In addition to the requirements of <U>subsection 3.01(c)</U>
and <U>Section 6.03</U> hereof, no Liquidity Bank shall be required to make a Liquidity Loan pursuant to <U>subsection 3.01(a)(v)</U>
hereof unless the following conditions are satisfied on each day on which such Liquidity Loan is to be made:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Representations
and Warranties</U>. At the date on which such Liquidity Loan is to be made and after giving effect to such Liquidity Loan, all
representations and warranties of (i) BAFC contained in this Agreement and in the other Transaction Documents or in any document,
certificate or financial or other statement delivered in connection herewith or therewith, unless waived by the Administrative
Agent and (ii) the Servicer, the Guarantor and the Company contained in the Transaction Documents, or in any document, certificate
or financial or other statement delivered in connection therewith, unless waived by the Administrative Agent, in each case shall
be true and correct with the same force and effect as though such representations and warranties had been made as of such date.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Mandatory Liquidation Event or Potential Mandatory Liquidation Event</U>. At the date on which such Liquidity Loan is to be made
and after giving effect to such Liquidity Loan, no Mandatory Liquidation Event or Potential Mandatory Liquidation Event shall have
occurred.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>ARTICLE VII<FONT STYLE="text-transform: uppercase"><BR>
<BR>
COVENANTS</FONT></B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">While this Agreement
is in effect (i.e., until all indebtedness and other amounts payable by BAFC hereunder and under the Commercial Paper and the Liquidity
Loan Notes shall have been paid in full and the Liquidity Banks no longer have any Liquidity Commitment hereunder), BAFC agrees
that:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">SECTION 7.01&#9;<U>Affirmative
Covenants</U>. BAFC shall:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;provide
the Administrative Agent all information that the Administrative Agent may reasonably request in writing concerning the business
of BAFC within a reasonable period of time considering the nature of the request; <U>provided</U> that with respect to any information
relating to an annual audited report, the same may be delivered within one hundred and twenty (120) calendar days after the end
of BAFC&rsquo;s fiscal year;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;furnish
or cause to be furnished to the Administrative Agent in sufficient number for each Liquidity Bank, copies of all documents and
other notices furnished to BAFC under the Transaction Documents and to the Letter of Credit Agent under the Letter of Credit Reimbursement
Agreement;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;execute
and deliver to the Administrative Agent and the Liquidity Banks all such documents and instruments and do all such other acts and
things as may be necessary or reasonably required by the Administrative Agent to enable the Collateral Agent or the Administrative
Agent to exercise and enforce their respective rights under this Agreement, the Letter of Credit Reimbursement Agreement, the Letter
of Credit, the Guaranty and the Security Agreement, and to realize thereon, and record and file and rerecord and refile all such
documents and instruments, at such time or times, in such manner and at such place or places, all as may be necessary or required
by the Administrative Agent to validate, preserve and protect the position of the Collateral Agent, the Administrative Agent and
the Liquidity Banks under this Agreement, the Letter of Credit Reimbursement Agreement, the Letter of Credit, the Guaranty and
the Security Agreement;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;take
all actions necessary to ensure that all taxes and other governmental claims in respect of BAFC&rsquo;s operations and assets are
promptly paid when due, except where the amount or validity thereof is currently being contested in good faith by appropriate proceedings
and reserves to the extent required by GAAP with respect thereto have been provided on the books of BAFC;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;comply
in all material respects with obligations it assumes under the Transaction Documents;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;comply
with all Requirements of Law except where the failure to so comply would not reasonably be expected to have a Material Adverse
Effect and in all material respects with Sanctions;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;for
the benefit of the Administrative Agent and the Liquidity Banks, and for so long as this Agreement shall be in effect, perform
and comply with each of its respective agreements, warranties and indemnities contained in this Agreement and the other Transaction
Documents;</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;give
prompt notice to the Administrative Agent of any material default or event of default by any Obligor under any Loan or Loan Documents
of which BAFC is aware;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;advise
the Administrative Agent of the occurrence of each Default, Event of Default or Mandatory CP Wind-Down Event as promptly as practicable
after BAFC becomes aware of any such Default, Event of Default or Mandatory CP Wind-Down Event, and shall notify the Series 2000-1
Rating Agencies of any Mandatory CP Wind-Down Event and Mandatory Liquidation Event;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(j)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;beginning
with the fiscal year commencing in 2021, furnish to the Series 2000-1 Rating Agencies and the Administrative Agent in sufficient
number for each Liquidity Bank as soon as available, but in any event within one hundred and twenty (120) days after the end of
each fiscal year of BAFC audited financial statements consisting of the balance sheet of BAFC as of the end of such year and the
related statements of income and retained earnings and statements of cash flow for such year, setting forth in each case in comparative
form the corresponding figures for the previous fiscal year, certified by Independent Public Accountants satisfactory to the Administrative
Agent to the effect that such financial statements fairly present in all material respects the financial condition and results
of operations of BAFC in accordance with GAAP consistently applied;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(k)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;beginning
with the fiscal year commencing in 2021, furnish to the Series 2000-1 Rating Agencies and the Administrative Agent as soon as available
but in any event within sixty (60) days after the end of each of the first three quarters for each fiscal year of BAFC, unaudited
financial statements consisting of a balance sheet of BAFC as at the end of such quarter and a statement of income and retained
earnings for such quarter, setting forth (in the case of financial statements furnished for calendar quarters subsequent to the
first full calendar year of BAFC) in comparative form the corresponding figures for the corresponding quarter of the preceding
fiscal year; and BAFC will additionally furnish, or cause to be furnished, to the Administrative Agent together with the financial
statements required pursuant to clause (j) and this clause (k) a certificate of a Responsible Officer of BAFC stating that (x)
the attached financial statements have been prepared in accordance with GAAP and accurately reflect the financial condition of
BAFC and (y) to the best knowledge of such Responsible Officer, no Mandatory CP Wind-Down Event or Mandatory Liquidation Event
was continuing at the end of such quarter or on the date of such statement or, if such Mandatory CP Wind-Down Event or Mandatory
Liquidation Event was continuing at the end of such quarter or on the date of such statement, specifying the name and period of
existence thereof;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(l)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)
except as otherwise permitted by the Transaction Documents, preserve, renew and keep in full force and effect its corporate existence
and (ii) take all reasonable action to maintain all rights, privileges and franchises necessary or desirable in the normal conduct
of its business, except where the failure to maintain the same would not have a Material Adverse Effect;</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(m)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;on
each day after the Liquidity Loans (with accrued interest thereon) have become due and payable (whether at the stated maturity,
by acceleration or otherwise), give the notice contemplated by <U>Section 2.06</U> of the Series 2000-1 Supplement, such notice
to specify an amount equal to the lesser of (i) the funds on deposit in the Series 2000-1 Collection Subaccount on such day and
(ii) the outstanding amount of the Liquidity Loans (with accrued interest thereon) and all other amounts owing under this Agreement;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(n)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;promptly
upon a Responsible Officer of BAFC becoming aware that BAFC has received formal notice that it has become subject of any action
or investigation under any Sanctions, BAFC shall, to the extent permitted by law, supply to the Administrative Agent details of
any such action or investigation;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(o)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;promptly
upon the request of the Administrative Agent, BAFC shall provide to the Administrative Agent the information reasonably requested,
to the extent such information is available to BAFC, in connection with applicable &ldquo;know your customer&rdquo; and anti-money
laundering rules and regulations, including the Patriot Act, in each case in accordance with BAFC&rsquo;s past practices; and</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(p)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;advise
the Administrative Agent of any change in the information provided in the Beneficial Ownership Certification of BAFC provided to
the Administrative Agent or any Liquidity Bank that would result in a change to the list of beneficial owners identified in parts
(c) or (d) of such certification.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">SECTION 7.02&#9;<U>Negative
Covenants</U>. BAFC will not:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;contract
for, create, incur, assume or suffer to exist any Lien, security interest, charge or other encumbrance of any nature upon any of
its property or assets, whether now owned or hereafter acquired except for Permitted Liens and as otherwise provided for in the
Security Agreement or the Depositary Agreement;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;create,
incur, assume or suffer to exist any Indebtedness, whether current or funded, or any other liability except Permitted Indebtedness;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;except
as contemplated by the Transaction Documents, make any loan or advance or credit to, or guarantee (directly or indirectly or by
an instrument having the effect of assuring another&rsquo;s payment or performance on any obligation or capability of so doing
or otherwise), endorse or otherwise become contingently liable, directly or indirectly, in connection with the obligations, stocks
or dividends of, or own, purchase, repurchase or acquire (or agree contingently to do so) any assets, stock, obligations or securities
of, or any other interest in, or make any capital contribution to, any other Person;</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;enter
into any merger, consolidation, joint venture, syndicate or other form of combination with any Person, or sell, lease or transfer
or otherwise dispose of any of its assets or receivables or purchase any asset, or engage in any transaction which would result
in BAFC ceasing to be, directly or indirectly, a wholly-owned Subsidiary of Guarantor. BAFC will not create any subsidiary of BAFC
without the prior written consent of the Administrative Agent;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;enter
into or be a party to any agreement or instrument other than the Transaction Documents or documents and agreements incidental thereto;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;make
any expenditure (by long-term or operating lease or otherwise), excluding those relating to foreclosure, for capital assets (both
realty and personalty), unless such expenditure is approved in writing by the Administrative Agent;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;engage
in any business or enterprise or enter into any material transaction other than as contemplated by the Transaction Documents;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;amend
its Certificate of Incorporation or Bylaws without the prior written consent of the Administrative Agent;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;grant
any powers of attorney to any Person for any purposes except (i) where permitted by the Transaction Documents or (ii) to the Collateral
Agent for the purposes of the Security Agreement;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(j)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;except
with respect to Liquidity Loans made pursuant to <U>subsection 3.01(a)(v)</U>, advance any funds under the Series 2000-1 VFC Certificate
if at such time any Liquidity Loan remains outstanding;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(k)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;advance
any funds under the Series 2000-1 VFC Certificate if at the time of or after giving effect to such advance, a Series 2000-1 Early
Amortization Event has occurred and is continuing, unless such advance is approved in advance by the Majority Liquidity Banks and
the Majority Letter of Credit Banks;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(l)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;take
any action which would permit the Servicer to have the right to refuse to perform any of its respective obligations under the Servicing
Agreement; and</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(m)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;knowingly
permit or authorize any other Person to, directly or indirectly, use, lend, make payments of, contribute or otherwise make available,
all or any part of the proceeds of the Liquidity Loans or other transactions contemplated by this Agreement (i) in furtherance
of an offer, payment, promise to pay, or authorization of the payment or giving of money, or anything else of value, to any Person
in violation of the FCPA or any other applicable anti-corruption law, (ii) to fund any trade, business or other activities involving
or for the benefit of any Restricted Person except as otherwise permitted or authorized by Sanctions or Sanctions Authorities,
including, without limitation, as authorized by OFAC general or specific license, or (iii) in any other manner that would result
in any of BAFC, the Guarantor, the Administrative Agent, a Lead Arranger or a Liquidity Bank being in breach of any Sanctions or
becoming a Restricted Person.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">The foregoing covenants
in this <U>Section 7.02(m)</U> will not apply to any party hereto to which Blocking Regulation applies, if and to the extent that
such covenants are or would be unenforceable by or in respect of that party pursuant to, or would otherwise result in a breach
and/or violation of, (i) any provision of the Blocking Regulation (or any law or regulation implementing the Blocking Regulation
in any member state of the European Union) or (ii) any similar blocking or anti-boycott law in the United Kingdom.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>ARTICLE VIII<FONT STYLE="text-transform: uppercase"><BR>
<BR>
MANDATORY LIQUIDATION EVENTS,<BR>
MANDATORY CP WIND-DOWN EVENTS AND REMEDIES</FONT></B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">SECTION 8.01&#9;<U>Mandatory
Liquidation Events</U>. Upon notice from the Administrative Agent that any of the following events has occurred (each a &ldquo;<U>Mandatory
Liquidation Event</U>&rdquo;), the remedies of <U>Section 8.03(a)</U> hereof shall apply:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Letter
of Credit</U>. The Letter of Credit has not been reinstated within three (3) Business Days of any draw pursuant to <U>Section 5.05(a)</U>
hereof;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Delinquent
Loans</U>. Any Loan constitutes a Delinquent Loan for a period of more than three (3) successive Business Days;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Guarantor
or Designated Obligor Cross-Default</U>. The Guarantor or any of the Designated Obligors shall (a) default in making any payment
of any principal of any Indebtedness (including any Guarantee Obligation, but excluding the Liquidity Loans) on the scheduled or
original due date with respect thereto; or (b) default in making any payment of any interest on any such Indebtedness beyond the
period of grace, if any, provided in the instrument or agreement under which such Indebtedness was created; or (c) default in the
observance or performance of any other agreement or condition relating to any such Indebtedness or contained in any instrument
or agreement evidencing, securing or relating thereto, or any other event shall occur or condition exist, the effect of which default
or other event or condition is to cause, or to permit the holder or beneficiary of such Indebtedness (or a trustee or agent on
behalf of such holder or beneficiary) to cause, with the giving of notice if required, such Indebtedness to become due prior to
its stated maturity or (in the case of any such Indebtedness constituting a Guarantee Obligation) to become payable; <U>provided</U>,
that a default, event or condition described in clause (a), (b) or (c) of this paragraph (iii) shall not at any time constitute
a Mandatory Liquidation Event unless, at such time, one or more defaults, events or conditions of the type described in clauses
(a), (b) and (c) of this paragraph (iii) shall have occurred and be continuing with respect to Indebtedness the outstanding Dollar
Equivalent principal amount of which exceeds in the aggregate $100,000,000;</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Insolvency</U>.
An Insolvency Event shall occur with respect to BAFC, the Guarantor, any Designated Obligor or the Company;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(v)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Change
of Control</U>. A Change of Control with respect to the Guarantor shall occur;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(vi)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Investment
Company</U>. BAFC or the Guarantor shall become an &ldquo;investment company&rdquo; within the meaning of the 1940 Act and shall
not be exempt from compliance with the 1940 Act;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(vii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Judgments
Against BAFC</U>. One or more judgments or decrees shall be entered against BAFC involving in the Dollar Equivalent aggregate a
liability (not paid or fully covered by insurance as to which the relevant insurance company has acknowledged coverage) of $50,000
or more, and all such judgments or decrees shall not have been vacated, discharged, stayed or bonded pending appeal within thirty
(30) days from the entry thereof;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(viii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Commercial
Paper Payments</U>. Failure by BAFC to pay or cause to be paid any amount in respect of Commercial Paper when due;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(ix)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Certain
Payments</U>. Failure by BAFC to pay or cause to be paid (i) any of the fees described in <U>Section 4.01</U> hereof when due within
three (3) Business Days from the date due; (ii) fees due under <U>subsection 2.11(a)</U> of the Letter of Credit Reimbursement
Agreement or any other amounts due under the Letter of Credit Reimbursement Agreement within three (3) Business Days from the date
due; (iii) any Liquidity Loan under <U>subsection 3.01(f)</U> and <U>Section 5.02</U> hereof on the date due; or (iv) interest
on any Liquidity Loan within three (3) Business Days of the date such interest is due;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(x)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Representations</U>.
Any representation or warranty or other written statement made or deemed made by BAFC, the Company or the Guarantor in this Agreement
or in any other Transaction Document or in any document entered into in connection herewith or therewith, shall prove to have been
incorrect when made in any material respect;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(xi)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Covenants</U>.
(a) Failure by BAFC, the Company or the Guarantor to observe or perform any covenant or agreement contained in <U>subsections 5.05(g)</U>,
<U>7.01(i)</U> and <U>7.01(l)</U> hereof (with respect to BAFC), <U>subsections 2.06(g)</U> and <U>2.06(j)(i)</U> and <U>(ii)</U>
of the Pooling Agreement (with respect to the Company) and <U>subsections 8.1(c)(i)</U> and <U>(ii)</U>, <U>8.1(g)(i)</U>, <U>8.1(h)</U>,
<U>8.1(i)</U> and <U>8.2</U> of the Guaranty (with respect to the Guarantor); or (b) failure by BAFC, the Company or the Guarantor
to observe or perform any other covenant or agreement contained herein or in any other Transaction Document to which it is a party
and not constituting a Mandatory Liquidation Event under any other clause of this Article VIII and the continuance of such default
for thirty (30) days after the earlier of (x) the date on which a Responsible Officer of BAFC, the Company or the Guarantor has
knowledge of such failure and (y) BAFC, the Company or the Guarantor receives written notice thereof from the Administrative Agent;</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(xii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Default
Under Other Documents</U>. (a) A Series 2000-1 Early Amortization Event or a Potential Series 2000-1 Early Amortization Event shall
have occurred and be continuing or (b) an Early Amortization Event described in <U>Section 7.01</U> of the Pooling Agreement (without
taking into account any Supplements) shall occur;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(xiii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Default
under the Guaranty</U>. The Guarantor shall default under the Guaranty or the Guaranty shall have become invalid or ineffective
or the Guarantor or any affiliate thereof shall challenge its effectiveness;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(xiv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Judgments
Against Guarantor and Designated Obligors</U>. One or more judgments or decrees shall be entered against the Guarantor or any of
the Designated Obligors involving in the Dollar Equivalent aggregate a liability (not paid or fully covered by insurance as to
which the relevant insurance company has acknowledged coverage) of $100,000,000 or more, and all such judgments or decrees shall
not have been vacated, discharged, stayed or bonded pending appeal within thirty (30) days from the entry thereof;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(xv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Effectiveness
of Other Documents</U>. Any of the Transaction Documents shall cease, for any reason, to be in full force and effect, or the Company,
the Servicer, the Guarantor, the Sellers or BAFC shall so assert in writing; or</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(xvi)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Other
Cross-Defaults</U>. BLFC, BFE or any other Investor Certificateholder that is an Affiliate of the Guarantor shall (a) default in
making any payment of any principal of any Indebtedness (including any Guarantee Obligation, but excluding the Liquidity Loans)
on the scheduled or original due date with respect thereto; or (b) default in making any payment of any interest on any such Indebtedness
beyond the period of grace, if any, provided in the instrument or agreement under which such Indebtedness was created; or (c) default
in the observance or performance of any other agreement or condition relating to any such Indebtedness or contained in any instrument
or agreement evidencing, securing or relating thereto, or any other event shall occur or condition exist, the effect of which default
or other event or condition is to cause, or to permit the holder or beneficiary of such Indebtedness (or a trustee or agent on
behalf of such holder or beneficiary) to cause, with the giving of notice if required, such Indebtedness to become due prior to
its stated maturity or (in the case of any such Indebtedness constituting a Guarantee Obligation) to become payable; <U>provided</U>,
that a default, event or condition described in clause (a), (b) or (c) of this paragraph (xvi) shall not at any time constitute
a Mandatory Liquidation Event unless, at such time, one or more defaults, events or conditions of the type described in clauses
(a), (b) and (c) of this paragraph (xvi) shall have occurred and be continuing with respect to Indebtedness the outstanding Dollar
Equivalent principal amount of which exceeds in the aggregate $100,000,000; <U>provided</U>, <U>further</U>, that the immediately
preceding proviso shall be deemed inapplicable at any time that any Purchased Loan shall constitute a Defaulted Loan or shall have
constituted a Delinquent Loan for a period of more than three (3) successive Business Days.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">SECTION 8.02&#9;<U>Mandatory
CP Wind-Down Events</U>. Upon the occurrence of any of the following events (each a &ldquo;<U>Mandatory CP Wind-Down Event</U>&rdquo;),
the remedies of <U>Section 8.03(b)</U> hereof shall apply:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Guarantor&rsquo;s
Adjusted Net Debt/Consolidated Adjusted Capitalization Ratio</U>. The ratio of the Guarantor&rsquo;s consolidated Adjusted Net
Debt to consolidated Adjusted Capitalization (each as calculated at the end of each fiscal quarter of the Guarantor) is greater
than 0.585:1.0; or</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Guarantor&rsquo;s
EBITDA</U>. The Guarantor&rsquo;s consolidated Adjusted EBITDA (as calculated on a rolling four quarter basis) is less than $400,000,000.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">SECTION 8.03&#9;<U>Remedies</U>.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;At
any time during the continuance of any Mandatory Liquidation Event and so long as such Mandatory Liquidation Event shall continue
unremedied, the Administrative Agent, by written notice to BAFC, the Series 2000-1 Rating Agencies, and the Depositary (with a
copy to each Placement Agent and the Collateral Agent), (i) shall instruct the Depositary not to issue or deliver any additional
Commercial Paper, and (ii) may, with the consent of the Majority Liquidity Banks, and shall, at the written request of the Majority
Liquidity Banks, (A) declare the principal of and accrued interest in respect of the Liquidity Loan Notes to be, whereupon the
same shall become, forthwith due and payable without presentment, demand, protest or further notice of any kind, all of which are
hereby expressly waived by BAFC, anything contained herein or in the Liquidity Loan Notes to the contrary notwithstanding, and/or
(B) subject to the immediately following sentence declare the Aggregate Liquidity Commitment terminated, whereupon the Aggregate
Liquidity Commitment and the obligation of the Liquidity Banks to make the Liquidity Loans hereunder shall terminate immediately
and any accrued fees or premiums shall forthwith become due and payable without any further notice of any kind and/or (C) instruct
BAFC to, and in such event BAFC shall, instruct the Trustee to declare the principal of and accrued interest in respect of the
Purchased Loans to be due and payable (provided that, for the avoidance of doubt, BAFC acknowledges and agrees that if it fails
to give such instructions, the Administrative Agent may do so on its behalf). Notwithstanding the previous sentence, upon the occurrence
of a Mandatory Liquidation Event described in <U>subsection 8.01(iv)</U> with respect to BAFC, the Guarantor or the Company or
in <U>subsection 8.01(xii)(b)</U>, the Aggregate Liquidity Commitment shall terminate automatically, and all amounts payable to
the Liquidity Banks and the Administrative Agent hereunder and under the Liquidity Loan Notes, whether for principal, interest,
fees, expenses or otherwise, shall automatically become forthwith due and payable without presentment, demand, protest or any notice
of any kind, all of which are hereby expressly waived. Anything herein to the contrary notwithstanding, no declaration or termination
of the Aggregate Liquidity Commitment pursuant to the foregoing provisions of this Article VIII shall affect the obligation of
the Liquidity Banks to make Liquidity Loans with respect to Commercial Paper issued, authenticated and delivered by the Depositary
prior to receipt of instructions from the Administrative Agent to cease issuing Commercial Paper as provided in <U>subsection 2.01(a)</U>
hereof; <U>provided</U> the conditions set forth in <U>subsection 3.01(c)</U> and <U>Section 6.03</U> hereof are satisfied at the
time of the making of any such Liquidity Loan.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;At
any time during the continuance of a Mandatory CP Wind-Down Event and so long as such Mandatory CP Wind-Down Event shall continue
unremedied, (i) the Administrative Agent shall, by written notice to BAFC, the Series 2000-1 Rating Agencies, and the Depositary
(with a copy to each Placement Agent and the Collateral Agent), instruct the Depositary not to issue or deliver any additional
Commercial Paper and (ii) subject to the terms and conditions herein (and provided that a Mandatory Liquidation Event shall not
have occurred which has not been waived by the Majority Liquidity Banks), the Liquidity Banks shall make Liquidity Loans to BAFC
on a revolving basis pursuant to <U>subsections 3.01(a)(i)</U> and <U>3.01(a)(v)</U> hereof.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>ARTICLE IX<FONT STYLE="text-transform: uppercase"><BR>
<BR>
REPRESENTATIONS AND WARRANTIES</FONT></B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">In order to induce
the Liquidity Banks to enter into this Agreement and to provide the credit facility provided for herein, BAFC makes the following
representations and warranties to the Liquidity Banks:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">SECTION 9.01&#9;<U>Corporate
Existence</U>. BAFC is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware,
has full corporate power and authority to own its assets and to transact the business in which it is now engaged and is duly qualified
as a foreign corporation and in good standing under the laws of each jurisdiction in which its business or activities requires
such qualification, except where the failure to be so duly qualified could not reasonably be expected to have a Material Adverse
Effect. BAFC has no subsidiaries.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">SECTION 9.02&#9;<U>Corporate
Power; Authorization; Enforceable Obligation</U>. BAFC has the corporate power, authority and legal right to execute, deliver and
perform the Transaction Documents to which it is a party and to borrow hereunder and has taken all necessary corporate action to
authorize the borrowings on the terms and conditions hereof and the execution, delivery and performance of the Transaction Documents
to which it is a party. No consent, license, permit, approval or authorization of, exemption by, notice or report to, or registration,
filing or declaration with, any Governmental Authority is required for the execution, delivery and performance by BAFC of the Transaction
Documents to which it is a party which has not been obtained, made, given or accomplished. This Agreement and the other Transaction
Documents, including the Liquidity Loan Notes, have been executed and delivered by a duly authorized officer of BAFC, and each
of the Transaction Documents constitutes and, in the case of Commercial Paper, when executed and issued in accordance with the
provisions hereof and of the Depositary Agreement, will constitute, a legal, valid and binding obligation of BAFC enforceable against
BAFC in accordance with its respective terms except that the enforceability thereof may be subject to the effects of any applicable
bankruptcy, insolvency, reorganization, moratorium or other similar laws now or hereafter in effect relating to creditors&rsquo;
rights and by general principles of equity (regardless of whether such enforceability is considered in a proceeding in equity or
at law).</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">SECTION 9.03&#9;<U>No
Legal Bar</U>. The execution, delivery and performance of this Agreement and the other Transaction Documents to which BAFC is a
party, the borrowings hereunder and the use of the proceeds thereof will not violate any Requirement of Law or any Contractual
Obligation of BAFC and will not result in, or require, the creation or imposition of any Lien (other than any Permitted Lien) on
any of BAFC&rsquo;s properties or revenues pursuant to any Requirement of Law or any such Contractual Obligation. No Requirement
of Law or Contractual Obligation applicable to BAFC could reasonably be expected to have a Material Adverse Effect.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">SECTION 9.04&#9;<U>No
Material Litigation</U>. No litigation, investigation or administrative proceeding of or before any arbitrator or Governmental
Authority is pending nor, to BAFC&rsquo;s knowledge, threatened against BAFC or any of its assets (a) with respect to the Transaction
Documents or the Borrowings hereunder or (b) that could reasonably be expected to have a Material Adverse Effect.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">SECTION 9.05&#9;<U>Security
Interest</U>.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)
No effective financing statement listing BAFC as debtor (other than any which may have been filed on behalf of the Collateral Agent)
covering any of the Assigned Collateral is on file in any public office; (ii) at the date of each deposit of monies in each Collateral
Account, BAFC was, is or will then be the lawful owner of, and had, has or will then have good title to, such monies, free and
clear of all Liens except the lien and security interest granted pursuant to the Security Agreement in favor of the Collateral
Agent; and (iii) BAFC is and will be the lawful owner of, and has and will have good and marketable title to, all Assigned Collateral,
free and clear of all Liens except the lien and security interest granted pursuant to the Security Agreement in favor of the Collateral
Agent and Permitted Liens.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BAFC
has not previously created any security interest which remains in effect in the Assigned Collateral, any Collateral Account or
the funds deposited therein or any part thereof and will keep the Assigned Collateral, each Collateral Account and the funds deposited
therein and every part thereof free and clear of all Liens except the lien and security interest granted pursuant to the Security
Agreement in favor of the Collateral Agent and Permitted Liens.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Security Agreement creates a valid Lien on the Assigned Collateral in favor of the Secured Parties and such lien is prior in right
to any other Liens and is enforceable as such against creditors of and purchasers from BAFC except to the extent foreclosure of
such Lien may be limited by applicable bankruptcy, insolvency, moratorium or other similar laws affecting creditors&rsquo; rights
generally.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">SECTION 9.06&#9;<U>Commercial
Paper; Investment Company Act</U>. The qualification of an indenture with respect to Commercial Paper under the Trust Indenture
Act of 1939, as amended, is not required in connection with the offer, issuance, sale or delivery of Commercial Paper. BAFC is
not an &ldquo;investment company&rdquo;, or a company &ldquo;controlled&rdquo; by an &ldquo;investment company&rdquo; within the
meaning of the 1940 Act.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">SECTION 9.07&#9;<U>Securities
Act</U>. The offer, issuance, sale or delivery of the Commercial Paper in accordance with the terms hereof and the Depositary Agreement
will constitute exempted transactions under the Securities Act, and registration of the Commercial Paper under the Securities Act
will not be required in connection with any such offer, issuance, sale or delivery of the Commercial Paper.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">SECTION 9.08&#9;<U>Accuracy
of Information; Beneficial Ownership Certification</U>. All Monthly Settlement Statements, Daily Reports, financial statements,
records, and other information furnished by or on behalf of BAFC, the Servicer or the Guarantor to the Administrative Agent or
any Liquidity Bank hereunder shall be accurate in all material respects as of their respective date. As of the Amendment Effective
Date, the information included in the Beneficial Ownership Certification of BAFC is true, complete and correct.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">SECTION 9.09&#9;<U>Taxes
and ERISA Liability</U>. BAFC has filed or caused to be filed all federal, state and other material tax returns that are required
to be filed and has paid all taxes shown to be due and payable on said returns or on any assessments made against it or any of
its property and all other taxes, fees or other charges imposed on it or any of its property by any Governmental Authority (other
than any taxes, fees or other charges the amount or validity of which are currently being contested in good faith by appropriate
proceedings and with respect to which reserves in conformity with GAAP have been provided on the books of BAFC). No tax Lien (other
than any Permitted Lien) has been filed, and, to the knowledge of BAFC, no claim is being asserted, with respect to any such tax,
fee or other charge. BAFC has no ERISA plan liability and is not subject to the requirements of ERISA.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">SECTION 9.10&#9;<U>Federal
Regulations</U>. No part of the proceeds of any Liquidity Loans will be used for &ldquo;buying&rdquo; or &ldquo;carrying&rdquo;
any &ldquo;margin stock&rdquo; within the respective meanings of each of the quoted terms under Regulation U as now and from time
to time hereafter in effect or for any purpose that violates the provisions of the applicable margin regulations of the Federal
Reserve Board. If requested by any Liquidity Bank or the Administrative Agent, BAFC will furnish to the Administrative Agent and
each Liquidity Bank a statement to the foregoing effect in conformity with the requirements of FR Form G-3 or FR Form U-1, as applicable,
referred to in Regulation U.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">SECTION 9.11&#9;<U>No
Change</U>. Since December 31, 2020, there has been no development or event that has had or could reasonably be expected to have
a Material Adverse Effect.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">SECTION 9.12&#9; &#9;<U>Solvency</U>.
BAFC is, and after giving effect to the incurrence of all Indebtedness and obligations being incurred in connection herewith will
be and will continue to be, Solvent.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">SECTION 9.13&#9;&#9;<U>Sanctions</U>.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 103.5pt; text-align: justify">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BAFC
is, to the extent applicable, in compliance with Sanctions and with the Foreign Corrupt Practices Act of 1977, as amended, and
the rules and regulations thereunder (the &ldquo;<U>FCPA</U>&rdquo;) and any other applicable anti-corruption law, in all material
respects.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 103.5pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 103.5pt; text-align: justify">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BAFC
is not, and no director or senior officer of BAFC is, any of the following:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: 148.5pt">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: 1in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a
Restricted Person;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: 1in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a
Person owned fifty percent (50%) or more or controlled by, or acting on behalf of, any Restricted Person or Restricted Persons;
or</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: 1in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a
Person that commits, threatens or conspires to commit or support &ldquo;terrorism&rdquo; as defined in the Executive Order.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The foregoing representations
in this <U>9.13</U> will not apply to any party hereto to which Council Regulation (EC) 2271/96 (the &ldquo;<U>Blocking Regulation</U>&rdquo;)
applies, if and to the extent that such representations are or would be unenforceable by or in respect of that party pursuant to,
or would otherwise result in a breach and/or violation of, (i) any provision of the Blocking Regulation (or any law or regulation
implementing the Blocking Regulation in any member state of the European Union) or (ii) any similar blocking or anti-boycott law
in the United Kingdom</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">SECTION 9.14&#9;<U>Financial
Institutions</U>. Neither BAFC nor the Guarantor is an EEA Financial Institution or a UK Financial Institution.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>ARTICLE X<FONT STYLE="text-transform: uppercase"><BR>
<BR>
THE ADMINISTRATIVE AGENT AND THE LIQUIDITY BANKS</FONT></B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">SECTION 10.01&#9;<U>Appointment
of the Administrative Agent</U>. Each Liquidity Bank hereby irrevocably appoints JPMorgan Chase Bank, N.A. as its Administrative
Agent hereunder, under the Guaranty, under the Letter of Credit Reimbursement Agreement, under the Letter of Credit and under the
Security Agreement and hereby authorizes the Administrative Agent to take such action on its behalf to execute, deliver and perform
such documents on its behalf, and to exercise such rights, remedies, powers and privileges hereunder or thereunder as are specifically
authorized to be exercised by the Administrative Agent by the terms hereof or thereof, together with such rights, remedies, powers
and privileges as are reasonably incidental thereto. The Administrative Agent may execute any of its duties hereunder and under
the Security Agreement by or through agents or employees, and the Administrative Agent shall not be responsible for the negligence
or misconduct of any such agents or employees selected by it with reasonable care. The relationship between the Administrative
Agent and each Liquidity Bank is that of agent and principal only, and nothing herein shall be deemed to constitute or appoint
the Administrative Agent a trustee or fiduciary for any Liquidity Bank or impose on the Administrative Agent any obligations other
than those for which express provision is made herein, under the Guaranty, under the Letter of Credit Reimbursement Agreement,
under the Letter of Credit or in the Security Agreement. Upon receipt, the Administrative Agent will forward to each Liquidity
Bank (a) an executed copy of the Transaction Documents, (b) a copy of each Monthly Settlement Statement and Daily Report, and (c)
a copy of each financial statement, accountant&rsquo;s certification and officer&rsquo;s certificate specified in <U>Section 7.01</U>
hereof and in <U>Section 8.1</U> of the Guaranty.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">The Administrative
Agent shall not have any duty to exercise any right, power, remedy or privilege granted to it hereby or thereby, or to take any
affirmative action or exercise any discretion hereunder or thereunder, including, without limitation, the right of the Administrative
Agent to instruct the Depositary not to issue or deliver Commercial Paper under the provisions of <U>subsection 2.01(a)</U> hereof
and the Depositary Agreement, unless directed to do so by all the Liquidity Banks or the Majority Liquidity Banks, as applicable
(and shall be fully protected in acting or refraining from acting pursuant to such directions which shall be binding upon the Liquidity
Banks), shall not, without the prior approval of all the Liquidity Banks consent to any reduction of the Letter of Credit Commitment
pursuant to <U>Section 2.01(d)(i)</U> of the Letter of Credit Reimbursement Agreement, and shall not, without the prior approval
of all the Liquidity Banks or the Majority Liquidity Banks, as applicable, consent to any material departure by BAFC or the Depositary
from the terms hereof or thereof, waive any default on the part of any such party under any such agreement or instrument or amend,
modify, supplement or terminate, or agree to any surrender of, any such agreement or instrument; <U>provided</U>, that the foregoing
limitation on the authority of the Administrative Agent is for the benefit of the Liquidity Banks and shall not impose any obligation
on BAFC to investigate or inquire into the authority of the Administrative Agent in any circumstances, and BAFC shall be fully
protected in carrying out any request, direction or instruction made or given to BAFC by the Administrative Agent in the exercise
of any right, power, remedy or privilege granted to the Administrative Agent hereby or by the terms of any other Transaction Document,
receiving or acting upon any consent or waiver granted to BAFC hereunder or thereunder by the Administrative Agent, or entering
into any amendment or modification of, or supplement to, this Agreement or any other Transaction Document, and BAFC shall not be
subject to the claims of any Liquidity Bank by reason of the lack of authority of the Administrative Agent to take any such action
nor shall the lack of authority on the part of the Administrative Agent in any circumstance give rise to any claim on the part
of BAFC against any Liquidity Bank; and <U>provided</U>, <U>further</U>, that the Administrative Agent shall not be required to
take any action which exposes the Administrative Agent to personal liability or which is contrary to this Agreement, or applicable
law.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Neither the Administrative
Agent nor any Liquidity Bank, nor any of its or their respective directors, officers, agents or employees, shall be liable to any
person or entity, including without limitation, the Administrative Agent, any Liquidity Bank, or any Program Party, as the case
may be, for any action taken or omitted to be taken by it or them hereunder, under any other Transaction Document, or in connection
herewith or therewith,(x) with the consent of or at the request of the Majority Liquidity Banks (or such other number or percentage
of the Liquidity Banks as shall be necessary, or as the Administrative Agent shall believe in good faith to be necessary, under
the circumstances as provided in the Transaction Documents) or (y) in the absence of its own gross negligence or willful misconduct
(such absence to be presumed unless otherwise determined by a court of competent jurisdiction by a final and non-appealable judgment);
nor shall the Administrative Agent or any Liquidity Bank be responsible to the Administrative Agent or any other Liquidity Bank,
as the case may be, for the validity, effectiveness, value, sufficiency or enforceability against any Program Party, of any Transaction
Document or other document furnished pursuant hereto or thereto or in connection herewith or therewith. The Administrative Agent
shall not be liable under this Agreement to BAFC or the Guarantor or their respective directors, officers, agents, employees or
members, or any Secured Party or its directors, officers, agents, employees or stockholders for indirect, special, punitive, incidental
or consequential loss or damage of any kind whatsoever, including, without limitation, lost profits. Without limitation of the
generality of the foregoing, the Administrative Agent: (i) may consult with legal counsel (including counsel for BAFC), independent
public accountants and other experts selected by it and shall not be liable for any action taken or omitted to be taken in good
faith by it in accordance with or in reliance upon the advice of such counsel, accountants or experts; (ii) makes no warranty or
representation to any Liquidity Bank and shall not be responsible to any Liquidity Bank for any statements, warranties or representations
made in or in connection with this Agreement, any other Transaction Document or any other document furnished pursuant hereto or
thereto or in connection herewith or therewith; (iii) shall not have any duty to ascertain or to inquire as to the performance
or observance of any of the terms, covenants or conditions of this Agreement, any other Transaction Document or any other document
furnished pursuant hereto or thereto or in connection herewith or therewith, on the part of any party hereto or thereto or to inspect
the property (including the books and records) of BAFC, the Guarantor or any other Program Party; (iv) shall not be responsible
to any Liquidity Bank for the due execution, legality, validity, enforceability, genuineness, sufficiency or value of this Agreement,
any other Transaction Document (including, for the avoidance of doubt, in connection with the Administrative Agent&rsquo;s reliance
on any Electronic Signature transmitted by telecopy, emailed pdf. or any other electronic means that reproduces an image of an
actual, executed signature page) or any other instrument or document furnished pursuant hereto or thereto; (v) shall incur no liability
under or in respect of this Agreement, any other Transaction Document or any other document furnished pursuant hereto or thereto
or in connection herewith or therewith, by acting upon or relying upon any notice, consent, certificate or other instrument or
writing or telephonic instruction, or notices to the extent authorized herein or therein believed by it to be genuine and sent
by the proper party or parties; and (vi) may deem and treat the payee of any Liquidity Loan Note as the owner thereof for all purposes
hereof unless and until a notice of the assignment or transfer thereof satisfactory to the Administrative Agent signed by such
payee shall have been filed with the Administrative Agent.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Each Liquidity Bank
hereby represents that it has, independently and without reliance on the Administrative Agent or any other Liquidity Bank, and
based on such documents and information as it has deemed appropriate, made its own appraisal of the financial risks and other risks
involved in the transactions contemplated hereunder and under the Transaction Documents and of the financial condition and affairs
of BAFC, the Guarantor and the other Program Parties, and the adequacy of the security granted to the Liquidity Banks under the
Security Agreement and its own decision to enter into this Agreement and the Security Agreement and the transactions contemplated
hereby and thereby and agrees that it will, independently and without reliance upon the Administrative Agent or any other Liquidity
Bank, and based on such documents and information as it shall deem appropriate at the time, continue to make its own appraisals
and decisions in taking or not taking action under this Agreement or the Security Agreement. The Administrative Agent shall not
be required to keep itself informed as to the performance or observance by BAFC, the Guarantor or any other Program Party of this
Agreement, the other Transaction Documents or any other document referred to or provided for herein or therein or to make inquiry
of, or to inspect the properties or books of BAFC, the Guarantor or other Program Parties. Except for notices, reports and other
documents and information expressly required to be furnished to the Liquidity Banks by the Administrative Agent hereunder, the
Administrative Agent shall not have any duty or responsibility to provide any Liquidity Bank with any credit or other information
concerning BAFC, the Guarantor or other Program Parties which may come into the possession of the Administrative Agent.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">The Administrative
Agent shall not be deemed to have knowledge or notice of the occurrence of a Series 2000-1 Early Amortization Event, Potential
Series 2000-1 Early Amortization Event, Mandatory CP Wind-Down Event or Mandatory Liquidation Event unless the Administrative Agent
has received written notice from a Liquidity Bank, the Servicer, the Company, the Guarantor or BAFC referring to this Agreement,
describing such Series 2000-1 Early Amortization Event, Potential Series 2000-1 Early Amortization Event, Mandatory CP Wind-Down
Event or Mandatory Liquidation Event and stating that such notice is a &ldquo;Notice of Series 2000-1 Early Amortization Event,&rdquo;
&ldquo;Notice of Potential Series 2000-1 Early Amortization Event,&rdquo; &ldquo;Notice of Mandatory CP Wind-Down Event&rdquo;
or &ldquo;Notice of Mandatory Liquidation Event,&rdquo; as the case may be. In the event that the Administrative Agent receives
such a notice of the occurrence of a Series 2000-1 Early Amortization Event, Mandatory CP Wind-Down Event, Potential Series 2000-1
Early Amortization Event or Mandatory Liquidation Event, the Administrative Agent shall promptly give notice thereof to the Liquidity
Banks. The Administrative Agent shall take such action with respect to such Series 2000-1 Early Amortization Event, Potential Series
2000-1 Early Amortization Event or Mandatory Liquidation Event as shall be reasonably directed by the Majority Liquidity Banks;
<U>provided</U> that, if the Administrative Agent has not yet received such directions from the Majority Liquidity Banks after
using reasonable efforts to receive such directions, the Administrative Agent may (but shall not be obligated to) take such action
or refrain from taking such action, with respect to such Series 2000-1 Early Amortization Event, Potential Series 2000-1 Early
Amortization Event or Mandatory Liquidation Event as it shall deem advisable in the best interests of the Liquidity Banks.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Each Liquidity Bank
hereby agrees, in the ratio that such Liquidity Bank&rsquo;s Percentage of the Aggregate Liquidity Commitment hereunder bears to
the Aggregate Liquidity Commitment, to indemnify and hold harmless the Administrative Agent and its directors, officers, agents
and employees, from and against any and all losses, liabilities (including liabilities for penalties), actions, suits, judgments,
demands, damages, settlements, costs and expenses of any kind whatsoever (including, without limitation, fees and expenses of attorneys,
accountants and experts) incurred or suffered by the Administrative Agent in its capacity as Administrative Agent hereunder as
a result of any action taken or omitted to be taken by the Administrative Agent in such capacity or otherwise incurred or suffered
by, made upon, or assessed against the Administrative Agent in such capacity; <U>provided</U>, that no Liquidity Bank shall be
liable for any portion of any such losses, liabilities (including liabilities for penalties), actions, suits, judgments, demands,
damages, settlements, costs or expenses determined, in the final and non-appealable judgment of a court of competent jurisdiction,
to be attributable to gross negligence or willful misconduct on the part of the Administrative Agent. Without limiting the generality
of the foregoing, each Liquidity Bank hereby agrees, in the ratio aforesaid, to reimburse the Administrative Agent promptly following
its demand for any out-of-pocket expenses (including, without limitation, attorneys&rsquo; fees and expenses) incurred by the Administrative
Agent or its directors, officers, agents and employees hereunder or under the Security Agreement, and not promptly reimbursed to
the Administrative Agent by BAFC. Each Liquidity Bank&rsquo;s obligations under this paragraph shall survive the termination of
this Agreement and the discharge of BAFC&rsquo;s obligations hereunder.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">The Administrative
Agent shall be entitled to rely on any communication, instrument, paper or other document believed by it to be genuine and correct
and to have been signed or sent by the proper Person or Persons. With respect to its share of liability under this Agreement, JPMorgan
Chase or any successor agent, if a Liquidity Bank, shall have the same rights, power, remedies and privileges as any other Liquidity
Bank and may exercise the same as though it were not the administrative agent of the Liquidity Banks hereunder.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">SECTION 10.02&#9;<U>Resignation
of the Administrative Agent</U>. The Administrative Agent may, at any time upon at least forty-five (45) days&rsquo; prior written
notice to BAFC, the Servicer, the Guarantor, the Collateral Agent, the Letter of Credit Agent, the Liquidity Banks and the Depositary,
and the Administrative Agent will at the direction of the Majority Liquidity Banks, resign as Administrative Agent; <U>provided</U>,
<U>however</U>, that, in either case, the resignation of the Administrative Agent shall not be effective until the Majority Liquidity
Banks shall have agreed to the appointment of another Liquidity Bank to perform the duties of the Administrative Agent hereunder,
such replacement shall have accepted such appointment and the Letter of Credit Agent shall have delivered to the successor Administrative
Agent, in exchange for the outstanding Letter of Credit held by the predecessor Administrative Agent, a substitute Letter of Credit
in accordance with the terms of <U>Section 2.01(b)</U> of the Letter of Credit Reimbursement Agreement and the Letter of Credit.
In the event of such resignation, the Majority Liquidity Banks shall as promptly as practicable appoint a successor agent to replace
the Administrative Agent; <U>provided</U> that such successor agent shall be a Liquidity Bank under this Agreement. If the Majority
Liquidity Banks have not appointed a successor agent within forty-five (45) days of the Administrative Agent&rsquo;s resignation
notice, the resigning Administrative Agent shall appoint a successor. Notwithstanding the resignation of the Administrative Agent
hereunder, the provisions of <U>Section 10.01</U> hereof shall continue to inure to the benefit of the Administrative Agent in
respect of any action taken or omitted to be taken by the Administrative Agent in its capacity as such while it was such under
this Agreement.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">SECTION 10.03&#9;<U>Obligations
Several</U>. The obligations of the Liquidity Banks hereunder are several, and neither the Administrative Agent nor any Liquidity
Bank shall be responsible for the obligation of any other Liquidity Bank hereunder, nor will the failure of any Liquidity Bank
to perform any of its obligations hereunder relieve the Administrative Agent or any other Liquidity Bank from the performance of
its obligations hereunder. Nothing contained in this Agreement, and no actions taken by the Liquidity Banks or the Administrative
Agent pursuant hereto or in connection with the Liquidity Commitment shall be deemed to constitute the Liquidity Banks, together
or with the Administrative Agent, a partnership, association, joint venture or other entity.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">SECTION 10.04&#9;<U>Multiple
Capacities</U>. JPMorgan Chase is serving in the following capacities for the benefit of BAFC: Administrative Agent and a Liquidity
Bank. The Liquidity Banks agree that with respect to the obligations of the Liquidity Banks to lend under the Liquidity Agreement,
the Liquidity Loans made by the Liquidity Banks and the Liquidity Loan Notes issued to such Liquidity Banks, and with respect to
the obligations of JPMorgan Chase as Administrative Agent, JPMorgan Chase shall have the same rights and powers under any Transaction
Document as any other Program Party, and may exercise the same as though it were not performing such duties specified herein and
therein; and the terms &ldquo;Liquidity Banks,&rdquo; &ldquo;Majority Liquidity Banks,&rdquo; &ldquo;holders of Liquidity Loans
Notes,&rdquo; or any similar terms shall, unless the context clearly otherwise indicates, include JPMorgan Chase in its individual
capacity. JPMorgan Chase may accept deposits from, lend money to, and generally engage in any kind of banking, trust or other business
with any Program Party or any of their Affiliates as if it were not performing the duties specified herein, and may accept fees
and other consideration from any Program Party or any of their Affiliates for services in connection with any Transaction Document
and otherwise without having to account for the same to any other Program Party. The Liquidity Banks expressly waive any conflict
of interest or any similar claims against JPMorgan Chase arising solely out of such multiple roles of JPMorgan Chase. JPMorgan
Chase, as a Liquidity Bank and the Administrative Agent, shall have the same rights, powers, remedies and privileges as any Program
Party and may exercise the same as though it were not acting in multiple capacities in connection with the Transaction Documents.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">SECTION 10.05&#9;<U>Agent
Communications</U>. The Administrative Agent shall provide to each Liquidity Bank a copy of each material report, certificate,
statement or other communication required to be delivered to it under the Transaction Documents and which has not been delivered
to the Liquidity Banks; <U>provided</U>, that posting by the Administrative Agent to Intralinks or to a similar electronic distribution
location shall satisfy the requirements of this Section.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">SECTION 10.06&#9;<U>Documentation
Agents, Lead Arranger and Bookrunner</U>. Neither the Documentation Agents, the Lead Arranger nor the Bookrunner shall have any
duties or responsibilities hereunder in its capacity as such. Neither the Documentation Agents, the Lead Arrangers nor the Bookrunners
shall have or be deemed to have any fiduciary relationship with any Liquidity Bank.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">SECTION 10.07&#9;<U>Certain
ERISA Matters</U>. (a) Each Liquidity Bank (x) represents and warrants, as of the date such Person became a Liquidity Bank party
hereto, to, and (y) covenants, from the date such Person became a Liquidity Bank party hereto to the date such Person ceases being
a Liquidity Bank party hereto, for the benefit of, the Administrative Agent and its respective Affiliates, and not, for the avoidance
of doubt, to or for the benefit of BAFC or the Guarantor, that at least one of the following is and will be true:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">(i) such Liquidity
Bank is not using &ldquo;plan assets&rdquo; (within the meaning of the Plan Asset Regulations) of one or more Benefit Plans in
connection with the Liquidity Loans or the Liquidity Commitments;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">(ii) the transaction
exemption set forth in one or more PTEs, such as PTE 84-14 (a class exemption for certain transactions determined by independent
qualified professional asset managers), PTE 95-60 (a class exemption for certain transactions involving insurance company general
accounts), PTE 90-1 (a class exemption for certain transactions involving insurance company pooled separate accounts), PTE 91-38
(a class exemption for certain transactions involving bank collective investment funds) or PTE 96-23 (a class exemption for certain
transactions determined by in-house asset managers), is applicable with respect to such Liquidity Bank&rsquo;s entrance into, participation
in, administration of and performance of the Liquidity Loans, the Liquidity Commitments and this Agreement, and the conditions
for exemptive relief thereunder are and will continue to be satisfied in connection therewith;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">(iii) (A) such
Liquidity Bank is an investment fund managed by a &ldquo;Qualified Professional Asset Manager&rdquo; (within the meaning of Part
VI of PTE 84-14), (B) such Qualified Professional Asset Manager made the investment decision on behalf of such Liquidity Bank to
enter into, participate in, administer and perform the Liquidity Loans, the Liquidity Commitments and this Agreement, (C) the entrance
into, participation in, administration of and performance of the Liquidity Loans, the Liquidity Commitments and this Agreement
satisfies the requirements of sub-sections (b) through (g) of Part I of PTE 84-14 and (D) to the best knowledge of such Liquidity
Bank, the requirements of subsection (a) of Part I of PTE 84-14 are satisfied with respect to such Liquidity Bank&rsquo;s entrance
into, participation in, administration of and performance of the Liquidity Loans, the Liquidity Commitments and this Agreement;
or</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.75in; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">(iv) such other
representation, warranty and covenant as may be agreed in writing between the Administrative Agent, in its sole discretion, and
such Liquidity Bank.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">(b) In addition, unless either
(1) sub-clause (i) in the immediately preceding clause (a) is true with respect to a Liquidity Bank or (2) a Liquidity Bank has
provided another representation, warranty and covenant in accordance with sub-clause (iv) in the immediately preceding clause (a),
such Liquidity Bank further (x) represents and warrants, as of the date such Person became a Liquidity Bank party hereto, to, and
(y) covenants, from the date such Person became a Liquidity Bank party hereto to the date such Person ceases being a Liquidity
Bank party hereto, for the benefit of, the Administrative Agent and each other Lead Arranger and their respective Affiliates, and
not, for the avoidance of doubt, to or for the benefit of BAFC or the Guarantor, that none of the Administrative Agent, or any
Lead Arranger or any of their respective Affiliates is a fiduciary with respect to the assets of such Liquidity Bank involved in
the Liquidity Loans, the Liquidity Commitments and this Agreement (including in connection with the reservation or exercise of
any rights by the Administrative Agent under this Agreement, any Commercial Paper Program Document or any documents related to
hereto or thereto).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">(c) The Administrative Agent,
and each Lead Arranger hereby informs the Liquidity Banks that each such Person is not undertaking to provide investment advice
or to give advice in a fiduciary capacity, in connection with the transactions contemplated hereby, and that such Person has a
financial interest in the transactions contemplated hereby in that such Person or an Affiliate thereof (i) may receive interest
or other payments with respect to the Liquidity Loans, the Liquidity Commitments, this Agreement and any other Commercial Paper
Program Documents, (ii) may recognize a gain if it extended the Liquidity Loans or the Liquidity Commitments for an amount less
than the amount being paid for an interest in the Liquidity Loans or the Liquidity Commitments by such Liquidity Bank or (iii)
may receive fees or other payments in connection with the transactions contemplated hereby, the Commercial Paper Program Documents
or otherwise, including structuring fees, commitment fees, arrangement fees, facility fees, upfront fees, underwriting fees, ticking
fees, agency fees, administrative agent or collateral agent fees, utilization fees, minimum usage fees, letter of credit fees,
fronting fees, deal-away or alternate transaction fees, amendment fees, processing fees, term out premiums, banker&rsquo;s acceptance
fees, breakage or other early termination fees or fees similar to the foregoing.</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">SECTION 10.08&#9;<U>Erroneous
Payments</U>.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
Liquidity Bank hereby agrees that (x) if the Administrative Agent notifies such Liquidity Bank that the Administrative Agent has
determined in its sole discretion that any funds received by such Liquidity Bank from the Administrative Agent or any of its Affiliates
(whether as a payment, prepayment or repayment of principal, interest, fees or otherwise; individually and collectively, a &ldquo;<U>Payment</U>&rdquo;)
were erroneously transmitted to such Liquidity Bank (whether or not known to such Liquidity Bank), and demands the return of such
Payment (or a portion thereof), such Liquidity Bank shall promptly, but in no event later than one Business Day thereafter, return
to the Administrative Agent the amount of any such Payment (or portion thereof) as to which such a demand was made in same day
funds, together with interest thereon in respect of each day from and including the date such Payment (or portion thereof) was
received by such Liquidity Bank to the date such amount is repaid to the Administrative Agent at the greater of the NYFRB Rate
and a rate determined by the Administrative Agent in accordance with banking industry rules on interbank compensation from time
to time in effect, and (y) to the extent permitted by applicable law, such Liquidity Bank shall not assert, and hereby waives,
as to the Administrative Agent, any claim, counterclaim, defense or right of set-off or recoupment with respect to any demand,
claim or counterclaim by the Administrative Agent for the return of any Payments received, including without limitation any defense
based on &ldquo;discharge for value&rdquo; or any similar doctrine. A notice of the Administrative Agent to any Liquidity Bank
under this Section 10.08 shall be conclusive, absent manifest error.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
Liquidity Bank hereby further agrees that if it receives a Payment from the Administrative Agent or any of its Affiliates (x) that
is in a different amount than, or on a different date from, that specified in a notice of payment sent by the Administrative Agent
(or any of its Affiliates) with respect to such Payment (a &ldquo;<U>Payment Notice</U>&rdquo;) or (y) that was not preceded or
accompanied by a Payment Notice, it shall be on notice, in each such case, that an error has been made with respect to such Payment.
Each Liquidity Bank agrees that, in each such case, or if it otherwise becomes aware a Payment (or portion thereof) may have been
sent in error, such Liquidity Bank shall promptly notify the Administrative Agent of such occurrence and, upon demand from the
Administrative Agent, it shall promptly, but in no event later than one Business Day thereafter, return to the Administrative Agent
the amount of any such Payment (or portion thereof) as to which such a demand was made in same day funds, together with interest
thereon in respect of each day from and including the date such Payment (or portion thereof) was received by such Liquidity Bank
to the date such amount is repaid to the Administrative Agent at the greater of the NYFRB Rate and a rate determined by the Administrative
Agent in accordance with banking industry rules on interbank compensation from time to time in effect.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BAFC
and any Designated Obligor party to a Transaction Document hereby agrees that (x) in the event an erroneous Payment (or portion
thereof) are not recovered from any Liquidity Bank that has received such Payment (or portion thereof) for any reason, the Administrative
Agent shall be subrogated to all the rights of such Liquidity Bank with respect to such amount and (y) an erroneous Payment shall
not pay, prepay, repay, discharge or otherwise satisfy any Liquidity Bank Obligations owed by BAFC or any Designated Obligor party
to a Transaction Document.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify; text-indent: 1in">&nbsp;</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify; text-indent: 1in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
party&rsquo;s obligations under this Section 10.08 shall survive the resignation or replacement of the Administrative Agent or
any transfer of rights or obligations by, or the replacement of, a Liquidity Bank, the termination of the Liquidity Commitments
or the repayment, satisfaction or discharge of all Liquidity Bank Obligations under any Transaction Document.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>ARTICLE XI<FONT STYLE="text-transform: uppercase"><BR>
<BR>
MISCELLANEOUS</FONT></B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">SECTION 11.01&#9;<U>Computations</U>.
All computations of interest and fees hereunder and under each Liquidity Loan Note shall be made on the basis of the actual number
of days elapsed over a year of 360 (or with respect to the computation of interest on Prime Rate Liquidity Loans, 365 or 366, as
the case may be) days.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">SECTION 11.02&#9;<U>Exercise
of Rights</U>.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">No failure or delay
on the part of the Administrative Agent or any Liquidity Bank to exercise any right, power or privilege under this Agreement and
no course of dealing between BAFC and the Administrative Agent or any Liquidity Bank shall operate as a waiver thereof, nor shall
any single or partial exercise of any right, power or privilege under this Agreement preclude any other or further exercise thereof
or the exercise of any other right, power or privilege. The rights and remedies herein expressly provided are cumulative and except
to the extent limited under this Agreement not exclusive of any rights or remedies which the Administrative Agent or any Liquidity
Bank would otherwise have pursuant to law or equity. No notice to or demand on any party in any case shall entitle such party to
any other or further notice or demand in similar or other circumstances, or constitute a waiver of the right of the other party
to any other or further action in any circumstances without notice or demand.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">SECTION 11.03&#9;<U>Amendment
and Waiver</U>.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(a) Subject to <U>Section
4.09</U>, any provision of any Commercial Paper Program Document to which neither the Administrative Agent nor the Liquidity Banks
are parties, may be amended, waived, supplemented, restated, discharged or terminated (i) to cure any ambiguity, (ii) to correct
any defective provisions or (iii) to add any other provisions with respect to matters or questions arising thereunder, which provisions
shall not be inconsistent with any other provisions thereof, without the consent of the Administrative Agent or the Liquidity
Banks; <U>provided</U> such amendment, waiver, supplement or restatement, does not affect BAFC&rsquo;s ability to perform its
obligations hereunder in any material adverse respect; and <U>provided</U>, <U>further</U>, that the Administrative Agent shall
have received prior notice thereof together with copies of any documentation related thereto. Any other amendment, waiver, supplement
or restatement of a provision of a Commercial Paper Program Document (including any exhibit thereto) shall require the written
consent of the Administrative Agent (acting at the direction of the Majority Liquidity Banks), the Letter of Credit Agent and
BAFC; <U>provided</U> that any such amendment relating to the extension of the L/C Expiration Date may be made with the prior
written consent of the Administrative Agent, but without the consent of the Liquidity Banks; <U>provided</U>&nbsp;<U>further</U>,
that no such amendment of (a) this <U>Section 11.03</U>, or (b) the definition of Majority Liquidity Banks may be made without
the prior written consent of the Administrative Agent acting at the direction of all the Liquidity Banks; <U>provided</U>&nbsp;<U>further</U>,
that no change relating to (v) permitting borrowings in a currency not otherwise permitted hereunder without the written consent
of each Liquidity Bank directly affected thereby, (w) any provision requiring the ratable funding of Liquidity Loans or the ratable
sharing of payments or setoffs or the pro rata treatment among the Liquidity Banks, (x) increasing the amount of the Aggregate
Liquidity Commitment or any Liquidity Bank&rsquo;s Liquidity Commitment or decreasing the principal amount of any Liquidity Loan,
(y) reducing any fees or commissions with respect to, or reducing the interest rates of any Liquidity Loans, or (z) the extension
of the Liquidity Commitment Expiration Date, may be made without the prior written consent of all the Liquidity Banks adversely
affected by such change; <U>provided</U>&nbsp;<U>further</U>, that any provisions relating to release of the Assigned Collateral,
any change with respect to the amount of the Letter of Credit Commitment (other than as permitted by <U>Section 2.01(e)</U> of
the Letter of Credit Reimbursement Agreement) or forgiveness of debt, may only be amended, waived, supplemented or restated with
the written consent of BAFC and all the Secured Parties, with the exception of the Commercial Paper Holders; and <U>provided further</U>,
that the amount of any Liquidity Bank&rsquo;s Liquidity Commitment shall not be changed without the consent of such affected Liquidity
Bank. Notwithstanding the preceding sentence of this <U>Section 11.03</U>, any provision of any Commercial Paper Program Document
which by its terms requires the written consent of all (or a specified Percentage of) the Liquidity Banks, shall not be amended,
waived, supplemented or restated without the prior written consent of all (or such specified Percentage of) such Liquidity Banks.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Any
provision of any other Transaction Document (other than any Commercial Paper Program Document) may be amended, waived, supplemented,
restated, discharged or terminated with ten (10) Business Days&rsquo; prior written notice to the Administrative Agent, but without
the consent of the Administrative Agent or the Liquidity Banks; <U>provided</U> such amendment, waiver, supplement or restatement
does not (i) render the Series 2000-1 VFC Certificate subordinate in payment to any other Series under the Trust or otherwise adversely
discriminate against the Series 2000-1 VFC Certificate relative to any other Series under the Trust, (ii) reduce in any manner
the amount of, or delay the timing of, distributions which are required to be made on or in respect of the Series 2000-1 VFC Certificate,
(iii) change the definition of, the manner of calculating, or in any way the amount of, the interest of BAFC in the assets of the
Trust, (iv) change the definitions of &ldquo;Eligible Loan&rdquo;, &ldquo;Eligible Obligor&rdquo;, &ldquo;Series 2000-1 Allocated
Loan Amount&rdquo;, &ldquo;Series 2000-1 Invested Amount&rdquo; or &ldquo;Series 2000-1 Target Loan Amount&rdquo; or, to the extent
used in such definitions, other defined terms used in such definitions, (v) result in a Mandatory Liquidation Event, (vi) amend
<U>Section 15</U> or <U>17</U> of the Guaranty, (vii) release the Guarantor, (viii) change any provision of the Guaranty (other
than as described in clause (vi) or (vii) above) which adversely affects the rights or interest of the Liquidity Banks under the
Guaranty in any material respect, (ix) change the ability of the Trustee to declare the Purchased Loans to be immediately due and
payable or the ability of the Administrative Agent or the Majority Liquidity Banks to directly or indirectly require the Trustee
to do so, (x) increase the Series 2000-1 Maximum Invested Amount, or (xi) effect any amendment that would cause or permit (A) the
Series 2000-1 Invested Amount to exceed the Series 2000-1 Maximum Invested Amount, (B) the Series 2000-1 Target Loan Amount to
exceed the Series 2000-1 Allocated Loan Amount or (C) the Credits Outstanding to exceed the Aggregate Available Liquidity Commitment.
Any amendment, waiver, supplement or restatement of a provision of a Transaction Document (including any exhibit thereto) of the
type described in (x) clauses (i), (ii), (iii), (iv), (v), (viii), (ix), (x) or (xi) in the proviso above shall require the written
consent of the Administrative Agent acting at the direction of the Majority Liquidity Banks, (y) clause (vi) above shall require
the written consent of the Administrative Agent acting at the direction of all the Liquidity Banks, and (z) clause (vii) above
shall require the written consent of all the Secured Parties, with the exception of the Commercial Paper Holders. Notwithstanding
the foregoing, the Administrative Agent shall not be bound by any amendment, waiver, supplement or restatement of the Transaction
Documents which affects the rights or duties of the Administrative Agent under any of the Transaction Documents unless the Administrative
Agent shall have given its prior written consent thereto. BAFC shall send written notice of any change to any Transaction Document
to each Series 2000-1 Rating Agency. The Servicer shall provide a copy of any change to the Transaction Documents or the form of
Loan Documents to the Administrative Agent. No change to any Transaction Document (other than the Loan Documents) will become effective
until (i) prior written notice is given to the Series 2000-1 Rating Agencies and (ii) if such amendment is material, the Rating
Agency Condition is satisfied with respect to the Commercial Paper issued by BAFC.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Notwithstanding
<U>Sections 11.03(a)</U> and <U>(b)</U>, the Liquidity Commitments and Percentages of any Defaulting Liquidity Bank that is not
a Performing Liquidity Bank shall be disregarded for all purposes of any determination of whether the Majority Liquidity Banks
have taken or may take any action hereunder (including any consent to any amendment or waiver pursuant to <U>Sections 11.03(a)</U>
and <U>(b)</U>), <U>provided</U> that any waiver, amendment or modification requiring the consent of all Liquidity Banks or each
affected Liquidity Bank shall require the consent of such Defaulting Liquidity Bank.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">SECTION 11.04&#9;<U>Expenses
and Indemnification</U>.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BAFC
shall pay all reasonable out-of-pocket costs and expenses of the Administrative Agent incurred in connection with the preparation,
execution, delivery, syndication, amendment, modification and waiver of, and of the Administrative Agent and each Liquidity Bank
in connection with the enforcement of and preservation of rights under, this Agreement, the other Transaction Documents and the
making and repayment of the Liquidity Loans, including the fees and out-of-pocket expenses of counsel to the Administrative Agent
and, if applicable, the Liquidity Banks; and shall reimburse the Administrative Agent for the reasonable fees and out-of-pocket
expenses of counsel and other third party providers of services to the Administrative Agent in connection with any amendments,
supplements or waivers to this Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BAFC
agrees to indemnify and hold harmless the Administrative Agent and each Liquidity Bank and each director, officer, employee, affiliate
or agent thereof (each, an &ldquo;<U>Indemnified Party</U>&rdquo;) from and against any and all claims, losses, liabilities (including
liabilities for penalties), actions, suits, judgments, demands, damages, costs and expenses (including, without limitation, reasonable
attorneys&rsquo; fees and expenses) whatsoever which such Indemnified Party may incur (or which may be claimed against such Indemnified
Party) by reason of or in connection with the Transaction Documents or any transactions contemplated thereby, except to the extent
that any such claims, losses, liabilities (including liabilities for penalties), actions, suits, judgments, demands, damages, costs
or expenses are determined, in a final and non-appealable judgment of a court of competent jurisdiction, to result from the willful
misconduct or gross negligence of such Indemnified Party. The foregoing indemnity shall include any claims, losses, liabilities,
(including liabilities for penalties) actions, suits, judgments, demands, damages, costs or expenses to which the Administrative
Agent or the Liquidity Banks may become subject under the Securities Act, the Securities Exchange Act of 1934, as amended, or other
federal or state law or regulation arising out of or based upon any untrue statement or alleged untrue statement of a material
fact in any private placement memorandum, offering memorandum or other material provided to investors and prospective investors
in connection with offers and sales of the Commercial Paper or any amendments thereof or supplements thereto or arising out of,
or based upon, the omission or the alleged omission to state a material fact necessary to make the statements in such private placement
memorandum, offering memorandum or other material, or any amendment thereof or supplement thereto, in light of the circumstances
in which they were made, not misleading, <U>provided</U>, <U>however</U>, that BAFC will not be liable in any such case to the
extent that any such losses, liabilities (including liabilities for penalties), actions, suits, judgments, demands, damages, costs
or expenses arise out of or are based upon any untrue statement or alleged untrue statement of a material fact made therein in
conformity with written information furnished to BAFC by or on behalf of such Indemnified Party specifically for use in connection
with the preparation thereof. Payment of indemnification obligations by BAFC is to be made from available moneys in accordance
with and subject to Articles 5 and 6 of the Security Agreement. For the avoidance of doubt, no Indemnified Party shall be liable
for any damages arising from the use by unintended recipients of any information or other materials distributed by it through telecommunications,
electronic or other information transmission systems in connection with this Agreement or the other Loan Documents or the transactions
contemplated hereby or thereby, except to the extent that any such damages are determined in a final and non-appealable judgment
of a court of competent jurisdiction, to result from the willful misconduct or gross negligence of such Indemnified Party. Notwithstanding
the foregoing, and for the avoidance of doubt, this <U>Section 11.04</U> shall not apply with respect to Taxes other than any Taxes
that represent losses, claims, damages, etc. arising from a non-Tax claim.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To
the extent permitted by applicable law (i) BAFC and any Designated Obligor party to a Transaction Document shall not assert, and
BAFC and any Designated Obligor party to a Transaction Document hereby waives, any claim against the Administrative Agent, any
Lead Arranger, any Syndication Agent, any Co-Documentation Agent and any Liquidity Bank, and any Affiliates of any of the foregoing
Persons (each such Person being called a &ldquo;<U>Liquidity Bank-Related Person</U>&rdquo;) for any Liabilities arising from the
use by others of information or other materials (including, without limitation, any personal data) obtained through telecommunications,
electronic or other information transmission systems (including the Internet), and (ii) no party hereto shall assert, and each
such party hereby waives, any Liabilities against any other party hereto, on any theory of liability, for special, indirect, consequential
or punitive damages (as opposed to direct or actual damages) arising out of, in connection with, or as a result of, this Agreement,
any other Transaction Document, or any agreement or instrument contemplated hereby or thereby, the transactions, any Liquidity
Loan or the use of the proceeds thereof; provided that, nothing in this paragraph shall relieve BAFC and any Designated Obligor
party to a Transaction Document of any obligation it may have to indemnify each Liquidity Bank and the Administrative Agent and
their respective officers, directors, employees, Affiliates, agents and controlling persons, as provided in the preceding paragraph,
against any special, indirect, consequential or punitive damages asserted against such Indemnitee by a third party.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All
obligations provided for in this <U>Section 11.04</U> shall survive any termination of this Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">SECTION 11.05&#9;<U>Successors
and Assigns</U>.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This
Agreement shall bind, and the benefits hereof shall inure to, BAFC, the Administrative Agent, the Liquidity Banks and their respective
successors and assigns; <U>provided</U> that (i) BAFC may not transfer or assign any or all of its rights and obligations hereunder
without the prior written consent of the Guarantor, the Administrative Agent and all of the Liquidity Banks and (ii) any attempted
assignment or transfer by BAFC without such consent shall be null and void; <U>provided</U>&nbsp;<U>further</U>, that no Liquidity
Bank shall assign any of its rights and obligations hereunder, including its rights under the Liquidity Loan Note, to any Person
unless (i) the prior written consent of the Administrative Agent and, prior to a Mandatory Liquidation Event, the Guarantor (which
shall not be unreasonably withheld and shall be deemed to have been given if the Guarantor has not responded to a proposed assignment
within ten (10) Business Days following its receipt of notice of such proposed assignment), shall have been obtained, unless such
assignment is made to an Affiliate of the Liquidity Bank or another Liquidity Bank in which case only the consent of the Administrative
Agent shall be required (such consent not to be unreasonably withheld) or to an Approved Fund; (ii) prior to the effective date
of such assignment, such Person executes and delivers to BAFC the Assignment and Assumption Agreement substantially in the form
of Exhibit B hereto (each an &ldquo;<U>Assignment and Assumption Agreement</U>&rdquo;) to the effect that such Person agrees to
be bound by the provisions of this Agreement (including the agreement set forth in <U>Sections 11.12</U> and <U>11.17 </U>hereof);
(iii) such Liquidity Bank assigns an amount equal to no less than $5,000,000 (or such Liquidity Bank&rsquo;s entire Liquidity
Commitment if less than $5,000,000) to the assignee; (iv) BAFC obtains a letter from each Series 2000-1 Rating Agency then rating
the Commercial Paper to the effect that the assignment will not result in the downgrading or withdrawal of the rating assigned
to the Commercial Paper; and (v) such Person delivers to BAFC and the Administrative Agent the forms described in <U>Sections
4.06(e)</U> and <U>(f)</U> (x) on or prior to execution of any such assignment and (y) upon the occurrence of any event which
would require the amendment or resubmission of any such form previously provided hereunder; <U>provided further</U> that no Liquidity
Bank shall assign any of its rights and obligations hereunder, to BAFC or any of its Affiliates or a natural person. Notwithstanding
any such assignment, (i) the Depositary shall have no obligation to communicate with any such assignee when requesting a Liquidity
Loan hereunder but shall communicate any such request to the Administrative Agent as if such assignment had not been made and
(ii) all payments hereunder shall be made directly to the Administrative Agent as if no such assignment had occurred.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Notwithstanding
the foregoing and subject to <U>subsection 11.05(c)</U> below, each Liquidity Bank may at any time grant participations in, or
otherwise transfer to, any other financial institution (a &ldquo;<U>Participant</U>&rdquo;) any Liquidity Loan or Liquidity Loans.
In connection with any such transfer, each such Liquidity Bank, at its sole discretion, shall be entitled to distribute to any
Participant or potential Participant any information furnished to such Liquidity Bank pursuant to this Agreement provided the requirements
of <U>Section 11.18</U> hereof are met. Each Liquidity Bank hereby acknowledges and agrees that any such disposition will not alter
or affect such Liquidity Bank&rsquo;s direct obligations to BAFC hereunder, and that BAFC shall have no obligation to have any
communication or relationship with any Participant in order to enforce such obligation of any such Liquidity Bank to BAFC hereunder.
Notwithstanding the foregoing sentence, it is understood and agreed that any Liquidity Bank may enter into a participation agreement
with a Participant that may provide that such Liquidity Bank will not agree to any amendment, supplement, modification or waiver
described in the second proviso to the second sentence of <U>Section 11.03</U> or related to forgiveness of debt without the consent
of such Participant. Each Liquidity Bank shall promptly notify BAFC in writing of the identity and interest of each Participant
upon any such disposition. The provisions of <U>Section 4.05</U>, <U>Section 4.06</U> and <U>Section 11.12</U> hereof shall apply
to any direct or indirect Participant provided that no Participant shall be entitled to receive any greater amount pursuant to
any such Section than the transferor Liquidity Bank would have been entitled to receive in respect of the amount of the participation
transferred by such transferor Liquidity Bank to such Participant had no such transfer occurred, except to the extent such entitlement
to receive a greater payment results from a Change In Law made subsequent to the date hereof that occurs after the Participant
acquired the applicable participation, <U>provided</U> further that no Participant shall be entitled to the benefits of <U>Section
4.06</U> unless such Participant complies with <U>Sections 4.06</U> (including the requirements under <U>Sections 4.06(e)</U>,
<U>4.06(f)</U> and <U>4.06(g)</U> (it being understood that the documentation required under <U>Sections 4.06(e)</U>, <U>4.06(f)</U>
and <U>4.06(g)</U> shall be delivered to the participating Liquidity Bank)) as if it were a Liquidity Bank. Each Liquidity Bank
that sells a participation shall, acting as a non-fiduciary agent on behalf of BAFC, maintain a register on which it enters the
name and address of each Participant and the principal amounts (and stated interest) of each Participant&rsquo;s interest in the
Liquidity Loans or other obligations under this Agreement (the &ldquo;<U>Participant Register</U>&rdquo;); <U>provided</U> that
no Liquidity Bank shall have any obligation to disclose all or any portion of the Participant Register to any Person (including
the identity of any Participant or any information relating to a Participant&rsquo;s interest in any Liquidity Commitments or Liquidity
Loans or its other obligations under any Transaction Document) except to the extent that such disclosure is necessary to establish
that such Liquidity Commitment or Liquidity Loan or other obligation is in registered form under Section 5f.103-1(c) of the United
States Treasury Regulations. The entries in the Participant Register shall be conclusive, in the absence of manifest error, and
such Liquidity Bank, the Administrative Agent and each party to this Agreement shall treat each person whose name is recorded in
the Participant Register pursuant to the terms hereof as the owner of such participation for all purposes of this Agreement, notwithstanding
notice to the contrary.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;With
respect to any assignment or participation pursuant to this <U>Section 11.05</U>, the Liquidity Banks shall not be permitted to
distribute any documents or other information to any potential assignee, Participant, or any Person with whom such Liquidity Bank
enters into a securitization, hedge transaction or otherwise in relation to any transaction in which payments are made by reference
to this Agreement or to any obligor under this Agreement (such Person, an &ldquo;<U>Other Person</U>&rdquo;), unless each such
assignee, Participant or Other Person shall first agree in writing that such documents and other information are accepted by it
in accordance with the provisions of <U>Section 11.18</U> hereof.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Any
Liquidity Bank may at any time pledge or assign a security interest in all or any portion of its rights under this Agreement, the
Liquidity Loans and Liquidity Loan Notes to secure obligations of such Liquidity Bank, including any pledge or assignment to secure
obligations to a Federal Reserve Bank; <U>provided</U> that no such pledge or assignment shall release such Liquidity Bank from
any of its obligations hereunder or substitute any such pledgee or assignee for such Liquidity Bank as a party hereto.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Notwithstanding
anything to the contrary contained herein, any Liquidity Bank (a &ldquo;<U>Granting Bank</U>&rdquo;) may grant to a special purpose
funding vehicle (a &ldquo;<U>SPC</U>&rdquo;), identified as such in writing from time to time by the Granting Bank to the Administrative
Agent and BAFC, the option to provide to BAFC or the Depositary in accordance with <U>Section 3.01</U> all or any part of any Liquidity
Loan that such Granting Bank would otherwise be obligated to make to BAFC or the Depositary pursuant to this Agreement; <U>provided</U>
that (i) nothing herein shall constitute a commitment by any SPC to make any Liquidity Loan, (ii) if an SPC elects not to exercise
such option or otherwise fails to provide all or any part of such Liquidity Loan, the Granting Bank shall be obligated to make
such Liquidity Loan pursuant to the terms hereof. The making of a Liquidity Loan by an SPC hereunder shall utilize the Liquidity
Commitment of the Granting Bank to the same extent, and as if, such Liquidity Loan were made by such Granting Bank. Each party
hereto hereby agrees that no SPC shall be liable for any indemnity or similar payment obligation under this Agreement (all liability
for which shall remain with the Granting Bank). In furtherance of the foregoing, each party hereby agrees (which agreement shall
survive the termination of this Agreement) that, prior to the date that is one year and one day after the payment in full of all
outstanding commercial paper or other senior indebtedness of any SPC, it will not institute against, or join any other Person in
instituting against, such SPC any bankruptcy, reorganization, arrangement, insolvency or liquidation proceedings under the laws
of the United States or any State thereof. In addition, notwithstanding anything to the contrary contained in this <U>Section 11.05</U>,
any SPC may (i) with notice to, but without the prior written consent of, BAFC and the Administrative Agent and without paying
any processing fee therefore, assign all or a portion of its interest in any Liquidity Loan to the Granting Bank or to any financial
institutions (consented to by BAFC and the Administrative Agent) providing liquidity and/or credit support to or for the account
of such SPC to support the funding or maintenance of Liquidity Loans and (ii) disclose on a confidential basis any non-public information
relating to its Liquidity Loans to any rating agency, commercial paper dealer or provider of any surety, guarantee or credit or
liquidity enhancement to such SPC. This Section may not be amended without the written consent of the SPC.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 77.75pt">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Administrative Agent shall, on behalf of BAFC, maintain at its Notice Address a copy of each Assignment and Acceptance Agreement
delivered to it and a register (the &ldquo;<U>Register</U>&rdquo;) for the recordation of the names and addresses of the Liquidity
Banks and the Liquidity Commitment of, and the principal amount (and stated interest) of the Liquidity Loans owing to, each Liquidity
Banks from time to time, which Register shall be made available to BAFC and any Liquidity Bank upon reasonable request. The entries
in the Register shall be conclusive, in the absence of manifest error, and BAFC, the Administrative Agent and the Liquidity Banks
shall treat each Person whose name is recorded in the Register as the owner of the Liquidity Loans and any Liquidity Notes evidencing
the Liquidity Loans recorded therein for all purposes of this Agreement. Any assignment of any Liquidity Loan, whether or not evidenced
by a Liquidity Note, shall be effective only upon appropriate entries with respect thereto being made in the Register (and each
Liquidity Note shall expressly so provide). Any assignment or transfer of all or part of a Liquidity Loan evidenced by a Liquidity
Note shall be registered on the Register only upon surrender for registration of assignment or transfer of the Liquidity Note evidencing
such Liquidity Loan, accompanied by a duly executed Assignment and Acceptance Agreement, and thereupon one or more new Liquidity
Notes shall be issued to the designated assignee.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">SECTION 11.06&#9;<U>Notices,
Requests, Demands</U>. Except where telephonic instructions or notices are authorized herein to be given, all notices, demands,
instructions and other communications required or permitted to be given to or made upon any party hereto shall be in writing and
shall be personally delivered or sent by registered, certified or express mail (or other overnight courier service), postage prepaid,
return receipt requested, or by facsimile transmission, and shall be deemed to be given for purposes of this Agreement on the day
that such writing is delivered or sent to the intended recipient thereof in accordance with the provisions of this Section. Unless
otherwise specified in a notice sent or delivered in accordance with the foregoing provisions of this Section, notices, demands,
instructions and other communications in writing shall be given to or made upon the respective parties hereto at their respective
Notice Addressees (or to their respective facsimile transmission numbers), and, in the case of telephonic instructions or notices,
by calling the telephone number or numbers indicated for such party.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">If to a Liquidity
Bank other than the Administrative Agent, notice shall be made in accordance with the information set forth with respect to each
Liquidity Bank on the signature page hereto.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">SECTION 11.07&#9;<U>Survival</U>.
All representations and warranties contained in Article IX shall survive the execution and delivery of this Agreement and each
Liquidity Loan Note and shall continue only so long as and until such time as all indebtedness hereunder and under Commercial Paper
and the Liquidity Loan Notes shall have been paid in full and the Liquidity Banks no longer have any Liquidity Commitment hereunder.
The provisions of <U>Sections 4.05</U>, <U>4.06</U>, <U>10.01</U>, <U>11.04</U> and <U>11.12</U> hereof shall also survive termination
of this Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">SECTION 11.08&#9;<U>GOVERNING
LAW</U>. <B>THIS AGREEMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES UNDER THIS AGREEMENT AND UNDER EACH LIQUIDITY LOAN NOTE
SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK.</B></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">SECTION 11.09&#9;<U>Counterparts;
Electronic Signatures</U>.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This
Agreement may be executed in any number of copies, and by the different parties hereto on the same or separate counterparts, each
of which shall be deemed to be an original instrument.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
words &ldquo;execution,&rdquo; &ldquo;signed,&rdquo; &ldquo;signature,&rdquo; &ldquo;delivery,&rdquo; and words of like import
in or relating to this Agreement, any other Commercial Paper Program Document and/or any ancillary document shall be deemed to
include Electronic Signatures, deliveries or the keeping of records in any electronic form (including deliveries by telecopy, emailed
pdf. or any other electronic means that reproduces an image of an actual executed signature page), each of which shall be of the
same legal effect, validity or enforceability as a manually executed signature, physical delivery thereof or the use of a paper-based
recordkeeping system, as the case may be; provided that nothing herein shall require the Administrative Agent to accept Electronic
Signatures in any form or format without its prior written consent and pursuant to procedures approved by it; <U>provided</U>,
<U>further</U>, without limiting the foregoing, (i) to the extent the Administrative Agent has agreed to accept any Electronic
Signature, the Administrative Agent and each of the Liquidity Banks shall be entitled to rely on such Electronic Signature purportedly
given by or on behalf of BAFC or any other party without further verification thereof and without any obligation to review the
appearance or form of any such Electronic signature and (ii) upon the request of the Administrative Agent or any Liquidity Bank,
any Electronic Signature shall be promptly followed by a manually executed counterpart.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">SECTION 11.10&#9;<U>Setoff</U>.
In addition to any rights now or hereafter granted under applicable law and not by way of limitation of any such rights, upon the
occurrence of a Mandatory Liquidation Event, each Liquidity Bank is hereby authorized at any time or from time to time, without
notice to BAFC or to any other Person, any such notice being hereby expressly waived, to set off and to appropriate and apply any
and all deposits (general or special) and any other indebtedness at any time held or owing by such Liquidity Bank to or for the
credit or the account of BAFC against and on account of the obligations and liabilities of BAFC to such Liquidity Bank under this
Agreement and the Liquidity Loan Notes, including, without limitation, all claims of any nature or description arising out of or
connected with this Agreement or the Liquidity Loan Notes, irrespective of whether or not such Liquidity Bank shall have made any
demand hereunder and although said obligations, liabilities or claims, or any of them, shall be contingent or unmatured; <U>provided</U>,
<U>however</U>, that the rights of the Administrative Agent and the Liquidity Banks to the Collateral Accounts shall be governed
by the Security Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">If any Liquidity Bank,
whether by setoff or otherwise, has payment made to it upon its Liquidity Loans (other than payments received pursuant to <U>Sections
4.03(c)(ii)</U>, <U>4.05</U>, <U>4.06</U> or <U>11.04</U>) in a greater proportion than that received by any other Liquidity Bank,
such Liquidity Bank agrees, promptly upon demand, to purchase a portion of the Liquidity Loans held by the other Liquidity Banks
so that after such purchase each Liquidity Bank will hold its ratable proportion of Liquidity Loans.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">SECTION 11.11&#9;<U>Further
Assurances</U>. BAFC agrees to do such further acts and things and to execute and deliver to the Administrative Agent such additional
assignments, agreements, powers and instruments, as the Administrative Agent may reasonably require or reasonably deem advisable
to carry into effect the purposes of this Agreement or to better assure and confirm unto the Administrative Agent its rights, powers
and remedies hereunder.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">SECTION 11.12&#9;<B><U>WAIVERS
OF JURY TRIAL</U>. BAFC, THE ADMINISTRATIVE AGENT AND THE LIQUIDITY BANKS HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVE TRIAL BY
JURY IN ANY LEGAL ACTION OR PROCEEDING RELATING TO THIS AGREEMENT OR ANY OTHER TRANSACTION DOCUMENT AND FOR ANY COUNTERCLAIM THEREIN.</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">SECTION 11.13&#9;<U>No
Bankruptcy Petition Against BAFC; Liability of BAFC</U>.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
of the Administrative Agent, Liquidity Banks and the Participants hereby covenants and agrees that, prior to the date which is
one year and one day after the payment in full of all outstanding Commercial Paper, it will not institute against, or join with
or assist any other Person in instituting against, BAFC, any bankruptcy, reorganization, arrangement, insolvency or liquidation
proceedings, or other proceedings under any Applicable Insolvency Laws. This <U>Section 11.13</U> shall survive the termination
of this Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Notwithstanding
any other provision hereof or of any other Transaction Documents, the sole remedy of the Administrative Agent, any Liquidity Bank
or any other Person in respect of any obligation, covenant, representation, warranty or agreement of BAFC under or related to this
Agreement or any other Transaction Document shall be against the assets of BAFC. Neither the Administrative Agent, nor any Liquidity
Bank nor any other Person shall have any claim against BAFC to the extent that such assets are insufficient to meet such obligations,
covenant, representation, warranty or agreement (the difference being referred to herein as a &ldquo;<U>shortfall</U>&rdquo;) and
all claims in respect of the shortfall shall be extinguished; <U>provided</U>, <U>however</U>, that the provisions of this <U>Section
11.13</U> apply solely to the obligations of BAFC and shall not extinguish such shortfall for purposes of the obligations of the
Guarantor to any Person under the Guaranty.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">SECTION 11.14&#9;<U>No
Recourse Loan</U>. The obligations of BAFC under this Agreement, the Liquidity Loan Notes, the Depositary Agreement, the Security
Agreement and all other Transaction Documents are solely the corporate obligations of BAFC. No recourse shall be had for the payment
of any amount owing in respect of Liquidity Loans or for the payment of any fee hereunder or any other obligation or claim arising
out of or based upon this Agreement, the Liquidity Loan Notes, the Depositary Agreement, the Security Agreement, or any other Transaction
Document against any member, employee, officer, director or incorporator of BAFC.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">SECTION 11.15&#9;<U>Knowledge
of BAFC</U>. BAFC shall be entitled to assume that no Mandatory Liquidation Event shall have occurred and be continuing, unless
a Responsible Officer of BAFC has actual knowledge thereof or BAFC has received notice from any Person that such Person considers
that such a Mandatory Liquidation Event has occurred and is continuing.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">SECTION 11.16&#9;<U>Descriptive
Headings</U>. The descriptive headings of the various sections of this Agreement are inserted for convenience of reference only
and shall not be deemed to affect the meaning or construction of any of the provisions hereof.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">SECTION 11.17&#9;<U>Consent
to Jurisdiction and Service of Process</U>. The parties irrevocably agree that any legal proceeding in respect of this Agreement
may be brought in the courts of the State of New York sitting in the Borough of Manhattan or the United States District Court of
the Southern District of New York sitting in the Borough of Manhattan (collectively, the &ldquo;<U>Specified Courts</U>&rdquo;).
The parties hereby irrevocably submit to the nonexclusive jurisdiction of the state and federal courts of the State of New York.
The parties hereby irrevocably waive, to the fullest extent permitted by law, any objection which they may now or hereafter have
to the laying of venue of any suit, action or proceeding arising out of or relating to this Agreement brought in any Specified
Court, and hereby further irrevocably waive any claim that any such suit, action or proceeding brought in any such court has been
brought in an inconvenient forum. The parties further irrevocably consent to the service of process out of any of the Specified
Courts in any such suit, action or proceeding by the mailing of copies thereof by certified mail, return receipt requested, postage
prepaid, to any party at its address as provided in this Agreement or as otherwise provided by applicable law. Nothing herein shall
affect the right of any party to commence proceedings or otherwise proceed against any other party in any jurisdiction or to serve
process in any other manner permitted by applicable law. The parties hereto agree that a final judgment in any such action or proceeding
shall be conclusive and may be enforced in other jurisdictions by suit on the judgment or in any other manner provided by applicable
law. BAFC hereby irrevocably and unconditionally waives, to the maximum extent not prohibited by law, any right it may have to
claim or recover in any legal action or proceeding referred to in this <U>Section 11.17</U> any special, exemplary, punitive or
consequential damages.<BR>
<BR>
</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">This <U>Section 11.17</U> shall survive
the termination of this Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">SECTION 11.18&#9;<U>Confidentiality</U>.
Each Liquidity Bank and the Administrative Agent hereby agree that all knowledge of information, practices, books, correspondence
and records provided to it by BAFC is to be regarded as confidential information and agrees that (i) it shall retain in strict
confidence and shall use reasonable efforts to ensure that its representatives retain in strict confidence and will not disclose
without the prior written consent of BAFC any or all of such information, practices, books, correspondence and records furnished
to them and (ii) it will not, and will use its best efforts to ensure that its representatives will not, make any use whatsoever
(other than for the purposes contemplated by this Agreement and the other Transaction Documents) of any of such information, practices,
books, correspondence and records without the prior written consent of BAFC, unless such information is generally available to
the public or is required by law, regulation, court order, stock exchange or by any regulatory authority having jurisdiction over
it, to be disclosed or is disclosed to any credit insurance provider or any credit risk insurance broker relating to BAFC and its
obligations or to any direct, indirect, actual or prospective counterparty (and its advisor) to any swap, derivative or securitization
transaction related to the obligations under this Agreement. Notwithstanding the foregoing, each Liquidity Bank and the Administrative
Agent may disclose the existence of this Agreement and information about this Agreement to market data collectors, similar service
providers to the lending industry and service providers to the Liquidity Banks in connection with the administration of this Agreement,
the other Loan Documents, and the Liquidity Commitments; <U>provided</U>, that the Administrative Agent and the Liquidity Banks
shall have obtained such service providers&rsquo; written agreement to maintain the confidentiality of all non-public information
relating to this Agreement.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">SECTION 11.19&#9;<U>Acknowledgments</U>.
BAFC hereby acknowledges and agrees that:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(a) it has been advised
by counsel in the negotiation, execution and delivery of this Agreement and the other Commercial Paper Program Documents;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(b) neither the Administrative
Agent nor any Liquidity Bank has any fiduciary relationship with or duty to BAFC arising out of or in connection with this Agreement
or any of the other Commercial Paper Program Documents, and the relationship between Administrative Agent and Liquidity Banks,
on one hand, and BAFC, on the other hand, in connection herewith or therewith is solely that of debtor and creditor; and</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(c) no joint venture
is created hereby or by the other Commercial Paper Program Documents or otherwise exists by virtue of the transactions contemplated
hereby among the Liquidity Banks or among BAFC and the Liquidity Banks.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">SECTION 11.20&#9;<U>Final
Agreement</U>. THIS WRITTEN AGREEMENT AND THE LIQUIDITY LOAN NOTES REPRESENT THE FINAL AGREEMENT BETWEEN THE PARTIES AND MAY NOT
BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS, OR SUBSEQUENT ORAL AGREEMENTS OF THE PARTIES. THERE ARE NO UNWRITTEN ORAL
AGREEMENTS BETWEEN THE PARTIES.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">SECTION 11.21&#9;<U>U.S.A.
PATRIOT Act</U>.&nbsp; Each Liquidity Bank hereby notifies BAFC that pursuant to the requirements of the USA Patriot Act (Title
III of Pub. L. 107-56 (signed into law October 26, 2001)) (the &ldquo;<U>Patriot Act</U>&rdquo;), it is required to obtain, verify
and record information that identifies BAFC, which information includes the name and address of BAFC and other information that
will allow such Liquidity Bank to identify BAFC in accordance with the Patriot Act.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.75in; text-align: justify"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">SECTION 11.22&#9;<U>Acknowledgment
and Consent to Bail-In of Affected Financial Institution</U>.&nbsp; Notwithstanding anything to the contrary in any Commercial
Paper Program Document or in any other agreement, arrangement or understanding among any such parties, each party hereto acknowledges
that any liability of any Liquidity Bank that is an Affected Financial Institution arising under any Commercial Paper Program Document,
to the extent such liability is unsecured, may be subject to the Write-Down and Conversion Powers of the applicable Resolution
Authority and agrees and consents to, and acknowledges and agrees to be bound by:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.75in; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
application of any Write-Down and Conversion Powers by the applicable Resolution Authority to any such liabilities arising hereunder
which may be payable to it by any party hereto that is an Affected Financial Institution; and&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.75in; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
effects of any Bail-In Action on any such liability, including, if applicable:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a
reduction in full or in part or cancellation of any such liability;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a
conversion of all, or a portion of, such liability into shares or other instruments of ownership in such Affected 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 Commercial Paper Program Document; or</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
variation of the terms of such liability in connection with the exercise of the Write-Down and Conversion Powers of any the applicable
Resolution Authority.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">[signature page follows]</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">IN WITNESS WHEREOF,
each of the parties hereto has caused a counterpart of this Fourteenth Amended and Restated Liquidity Agreement to be duly executed
and delivered as of the date first above written.</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 25%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; font: 12pt Times New Roman, Times, Serif; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 21%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; font: 12pt Times New Roman, Times, Serif; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 54%; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0.25in">BUNGE ASSET FUNDING CORP.</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt">By: <U>/s/ Rajat Gupta</U><BR>
        Printed Name: Rajat Gupta<BR>
        Title: President</P></TD></TR>
</TABLE>
<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="text-align: center; font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">[Fourteenth A&amp;R Liquidity Agreement]</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 25%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; font: 12pt Times New Roman, Times, Serif; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 21%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; font: 12pt Times New Roman, Times, Serif; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 54%; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">CITIBANK, N.A.,</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0.25in">as Syndication Agent and Liquidity Bank</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt">By: <U>/s/ Carolyn Kee</U><BR>
        Printed Name: Carolyn Kee<BR>
        Title: Vice President</P></TD></TR>
</TABLE>
<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="text-align: center; font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">[Fourteenth A&amp;R Liquidity Agreement]</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>


<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 25%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; font: 12pt Times New Roman, Times, Serif; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 21%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; font: 12pt Times New Roman, Times, Serif; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 54%; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">JPMORGAN CHASE BANK, N.A.,</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0.25in">as Administrative Agent and Liquidity Bank</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt">By: <U>/s/ Gregory T. Martin</U><BR>
        Printed Name: Gregory T. Martin<BR>
        Title: Executive Director</P></TD></TR>
</TABLE>
<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0"><BR STYLE="clear: both"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="text-align: center; font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">[Fourteenth A&amp;R Liquidity Agreement]</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>


<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 25%; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P></TD>
    <TD STYLE="width: 21%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; font: 12pt Times New Roman, Times, Serif; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 54%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; font: 12pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">BNP PARIBAS,</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0.25in">as Co-Documentation Agent and Liquidity Bank</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt">By: <U>/s/ Christopher Sked</U><BR>
        Printed Name: Christopher Sked<BR>
        Title: Managing Director</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt">By: <U>/s/ Karim Remtoula</U><BR>
        Printed Name: Karim Remtoula<BR>
        Title: Vice President</P></TD></TR>
</TABLE>
<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="text-align: center; font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">[Fourteenth A&amp;R Liquidity Agreement]</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>


<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 25%; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P></TD>
    <TD STYLE="width: 21%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; font: 12pt Times New Roman, Times, Serif; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 54%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; font: 12pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">CO&Ouml;PERATIEVE RABOBANK U.A., NEW YORK BRANCH,</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0.25in">as Co-Documentation Agent and Liquidity Bank</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt">By: <U>/s/ Lionel Autret</U><BR>
        Printed Name: Lionel Autret<BR>
        Title: Managing Director</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt">By: <U>/s/ Matthew Sammut</U><BR>
        Printed Name: Matthew Sammut<BR>
        Title: Vice President</P></TD></TR>
</TABLE>
<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="text-align: center; font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">[Fourteenth A&amp;R Liquidity Agreement]</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>


<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 25%; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P></TD>
    <TD STYLE="width: 21%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; font: 12pt Times New Roman, Times, Serif; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 54%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; font: 12pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">MIZUHO BANK, LTD.,</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0.25in">as Co-Documentation Agent and Liquidity Bank</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt">By: <U>/s/ Donna DeMagistris</U><BR>
        Printed Name: Donna DeMagistris<BR>
        Title: Executive Director</P></TD></TR>
</TABLE>
<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="text-align: center; font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">[Fourteenth A&amp;R Liquidity Agreement]</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0"></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>


<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 25%; padding-right: 5.4pt; padding-left: 5.4pt; font: 12pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 21%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; font: 12pt Times New Roman, Times, Serif; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 54%; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">SUMITOMO MITSUI BANKING CORPORATION,</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0.25in">as Co-Documentation Agent and Liquidity Bank</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt">By: <U>/s/ Jun Ashley</U><BR>
        Printed Name: Jun Ashley<BR>
        Title: Director</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P></TD></TR>
</TABLE>
<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 25%; padding-right: 5.4pt; padding-left: 5.4pt; font: 12pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 21%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; font: 12pt Times New Roman, Times, Serif; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 54%; padding-right: 5.4pt; padding-left: 5.4pt; font: 12pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="text-align: center; font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">[Fourteenth A&amp;R Liquidity Agreement]</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0"></P>

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<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; width: 25%">&nbsp;</TD>
    <TD STYLE="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: justify; width: 21%">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; width: 54%">
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">US BANK NATIONAL ASSOCIATION,</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0.25in">as Co-Documentation Agent and Liquidity Bank</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt">By: <U>/s/ Jeffrey D. Hernandez</U><BR>
        Printed Name: Jeffrey D. Hernandez<BR>
        Title: Vice President</P></TD></TR>
</TABLE>
<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 25%; padding-right: 5.4pt; padding-left: 5.4pt; font: 12pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 21%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; font: 12pt Times New Roman, Times, Serif; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 54%; padding-right: 5.4pt; padding-left: 5.4pt; font: 12pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="text-align: center; font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">[Fourteenth A&amp;R Liquidity Agreement]</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0"></P>

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<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; width: 25%">&nbsp;</TD>
    <TD STYLE="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: justify; width: 21%">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; width: 54%">
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">BANK OF AMERICA, N.A.,</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0.25in">as Liquidity Bank</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt">By: <U>/s/ Nicholas Cheng</U><BR>
        Printed Name: Nicholas Cheng<BR>
        Title: Director</P></TD></TR>
</TABLE>
<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="text-align: center; font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">[Fourteenth A&amp;R Liquidity Agreement]</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>


<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 25%; padding-right: 5.4pt; padding-left: 5.4pt; font: 12pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 21%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; font: 12pt Times New Roman, Times, Serif; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 54%; padding-right: 5.4pt; padding-left: 5.4pt; font: 12pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">THE BANK OF NOVA SCOTIA,</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0.25in">as Liquidity Bank</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt">By: <U>/s/ Kevin McCarthy</U><BR>
        Printed Name: Kevin McCarthy<BR>
        Title: Director</P></TD></TR>
</TABLE>
<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 25%; padding-right: 5.4pt; padding-left: 5.4pt; font: 12pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 21%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; font: 12pt Times New Roman, Times, Serif; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 54%; padding-right: 5.4pt; padding-left: 5.4pt; font: 12pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="text-align: center; font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">[Fourteenth A&amp;R Liquidity Agreement]</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>


<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; width: 25%">&nbsp;</TD>
    <TD STYLE="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: justify; width: 21%">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; width: 54%">
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">BMO HARRIS BANK N.A.,</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0.25in">as Liquidity Bank</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt">By: <U>/s/ Joshua Hovermale</U><BR>
        Printed Name: Joshua Hovermale<BR>
        Title: Director</P></TD></TR>
</TABLE>
<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 25%; padding-right: 5.4pt; padding-left: 5.4pt; font: 12pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 21%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; font: 12pt Times New Roman, Times, Serif; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 54%; padding-right: 5.4pt; padding-left: 5.4pt; font: 12pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="text-align: center; font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">[Fourteenth A&amp;R Liquidity Agreement]</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>


<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; width: 25%">&nbsp;</TD>
    <TD STYLE="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: justify; width: 21%">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; width: 54%">
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">CREDIT AGRICOLE CORPORATE AND INVESTMENT BANK</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0.25in">as Liquidity Bank</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt">By: <U>/s/ Jill Wong</U><BR>
        Printed Name: Jill Wong<BR>
        Title: Director</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt">By: <U>/s/ Gordon Yip</U><BR>
        Printed Name: Gordon Yip<BR>
        Title: Director</P></TD></TR>
</TABLE>
<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 25%; padding-right: 5.4pt; padding-left: 5.4pt; font: 12pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 21%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; font: 12pt Times New Roman, Times, Serif; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 54%; padding-right: 5.4pt; padding-left: 5.4pt; font: 12pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="text-align: center; font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">[Fourteenth A&amp;R Liquidity Agreement]</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>


<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; width: 25%">&nbsp;</TD>
    <TD STYLE="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: justify; width: 21%">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; width: 54%">
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">GOLDMAN SACHS BANK USA,</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0.25in">as Liquidity Bank</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt">By: <U>/s/ Rebecca Kratz</U><BR>
        Printed Name: Rebecca Kratz<BR>
        Title: Authorized Signatory</P></TD></TR>
</TABLE>
<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 25%; padding-right: 5.4pt; padding-left: 5.4pt; font: 12pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 21%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; font: 12pt Times New Roman, Times, Serif; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 54%; padding-right: 5.4pt; padding-left: 5.4pt; font: 12pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="text-align: center; font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">[Fourteenth A&amp;R Liquidity Agreement]</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>


<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; width: 25%">&nbsp;</TD>
    <TD STYLE="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: justify; width: 21%">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; width: 54%">
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">HSBC BANK USA, NATIONAL ASSOCIATION,</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0.25in">as Liquidity Bank</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt">By: <U>/s/ Catherine Dong</U><BR>
        Printed Name: Catherine Dong<BR>
        Title: Vice President</P></TD></TR>
</TABLE>
<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 25%; padding-right: 5.4pt; padding-left: 5.4pt; font: 12pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 21%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; font: 12pt Times New Roman, Times, Serif; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 54%; padding-right: 5.4pt; padding-left: 5.4pt; font: 12pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="text-align: center; font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">[Fourteenth A&amp;R Liquidity Agreement]</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0"></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>


<P STYLE="margin: 0">&nbsp;</P>

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<TR STYLE="vertical-align: top">
    <TD STYLE="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; width: 25%">&nbsp;</TD>
    <TD STYLE="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: justify; width: 21%">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; width: 54%">
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">ING BANK N.V.,</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0.25in">as Liquidity Bank</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt">By: <U>/s/ M.E. Kuijpers</U><BR>
        Printed Name: M.E. Kuijpers<BR>
        Title: Director</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt">By: <U>/s/ Mathijs Mol</U><BR>
        Printed Name: Mathijs Mol</P></TD></TR>
</TABLE>
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<TR STYLE="vertical-align: top">
    <TD STYLE="width: 25%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="width: 21%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 54%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="text-align: center; font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">[Fourteenth A&amp;R Liquidity Agreement]</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0"></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>


<P STYLE="margin: 0">&nbsp;</P>

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<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; width: 25%">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: justify; width: 21%">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; width: 54%">
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">MUFG BANK, LTD.,</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0.25in">as Liquidity Bank</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt">By: <U>/s/ Christopher Facenda</U><BR>
        Printed Name: Christopher Facenda<BR>
        Title: Director</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P></TD></TR>
</TABLE>
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<TR STYLE="vertical-align: top">
    <TD STYLE="width: 25%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="width: 21%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 54%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="text-align: center; font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">[Fourteenth A&amp;R Liquidity Agreement]</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0"></P>

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<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

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<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; width: 25%">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: justify; width: 21%">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; width: 54%">
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">PNC BANK, NATIONAL ASSOCIATION</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0.25in">as Liquidity Bank</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt">By: <U>/s/ Ana Gaytan</U><BR>
        Printed Name: Ana Gaytan<BR>
        Title: Vice President</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P></TD></TR>
</TABLE>
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<TR STYLE="vertical-align: top">
    <TD STYLE="width: 25%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="width: 21%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 54%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="text-align: center; font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">[Fourteenth A&amp;R Liquidity Agreement]</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0"></P>

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<P STYLE="margin: 0">&nbsp;</P>

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<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; width: 25%">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: justify; width: 21%">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; width: 54%">
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">STANDARD CHARTERED BANK,</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0.25in">as Liquidity Bank</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt">By: <U>/s/ Kristopher Tracy</U><BR>
        Printed Name: Kristopher Tracy<BR>
        Title: Director, Financing Solutions</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P></TD></TR>
</TABLE>
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<TR STYLE="vertical-align: top">
    <TD STYLE="width: 25%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="width: 21%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 54%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="text-align: center; font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">[Fourteenth A&amp;R Liquidity Agreement]</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0"></P>

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<P STYLE="margin: 0">&nbsp;</P>

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<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; width: 25%">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: justify; width: 21%">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; width: 54%">
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">WELLS FARGO BANK, NATIONAL ASSOCIATION</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0.25in">as Liquidity Bank</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt">By: <U>/s/ Peter Kiedrowski</U><BR>
        Printed Name: Peter Kiedrowski<BR>
        Title: Managing Director</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P></TD></TR>
</TABLE>
<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="text-align: center; font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">[Fourteenth A&amp;R Liquidity Agreement]</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>


<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B><U>ANNEX Y</U></B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Liquidity Commitments&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B>Expiration
Date: July 16, 2026</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 12pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 1pt solid; text-align: center"><P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P><P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">Banks</P></TD><TD>&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: Black 1pt solid; text-align: center">Percentage of Aggregate Liquidity Commitment</TD><TD>&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: Black 1pt solid; text-align: center"><P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">Dollar</P> <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">Amount</P></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="width: 56%; text-align: left; padding-left: 5.4pt">JPMorgan Chase Bank, N.A.</TD><TD STYLE="width: 8%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 12%; text-align: right">11.54</TD><TD STYLE="width: 1%; text-align: left">%</TD><TD STYLE="width: 8%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 12%; text-align: right">69,250,000</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-left: 5.4pt">Citibank, N.A.</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">6.67</TD><TD STYLE="text-align: left">%</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">40,000,000</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; padding-left: 5.4pt">Bank of America, N.A.</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">6.67</TD><TD STYLE="text-align: left">%</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">40,000,000</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-left: 5.4pt">BNP Paribas</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">6.67</TD><TD STYLE="text-align: left">%</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">40,000,000</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; padding-left: 5.4pt">ING Bank N.V.</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">6.67</TD><TD STYLE="text-align: left">%</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">40,000,000</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-left: 5.4pt">Mizuho Bank, Ltd.</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">6.67</TD><TD STYLE="text-align: left">%</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">40,000,000</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; padding-left: 5.4pt">Sumitomo Mitsui Banking Corporation</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">6.67</TD><TD STYLE="text-align: left">%</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">40,000,000</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-left: 5.4pt">U.S. Bank National Association</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">6.67</TD><TD STYLE="text-align: left">%</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">40,000,000</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; padding-left: 5.4pt">Wells Fargo Bank, National Association</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">6.67</TD><TD STYLE="text-align: left">%</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">40,000,000</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-left: 5.4pt">Co&ouml;peratieve Rabobank U.A., New York Branch</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">5</TD><TD STYLE="text-align: left">%</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">30,000,000</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; padding-left: 5.4pt">MUFG Bank, Ltd.</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">5</TD><TD STYLE="text-align: left">%</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">30,000,000</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-left: 5.4pt">The Bank of Nova Scotia</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">5</TD><TD STYLE="text-align: left">%</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">30,000,000</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; padding-left: 5.4pt">Credit Agricole Corporate and Investment Bank</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">4.17</TD><TD STYLE="text-align: left">%</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">25,000,000</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-left: 5.4pt">HSBC Bank USA, National<BR> Association</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">4.17</TD><TD STYLE="text-align: left">%</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">25,000,000</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; padding-left: 5.4pt">Goldman Sachs Bank USA</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">3.58</TD><TD STYLE="text-align: left">%</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">21,500,000</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-left: 5.4pt">Standard Chartered Bank</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">3.33</TD><TD STYLE="text-align: left">%</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">20,000,000</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; padding-left: 5.4pt">PNC Bank, National Association</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">2.83</TD><TD STYLE="text-align: left">%</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">17,000,000</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-left: 5.4pt">BMO Harris Bank, N.A.</TD><TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">2.04</TD><TD STYLE="text-align: left">%</TD><TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">$</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">12,250,000</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: bold; padding-bottom: 1pt; padding-left: 5.4pt">TOTAL</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px double; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 2px double; text-align: right">100.0</TD><TD STYLE="padding-bottom: 1pt; text-align: left">%</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2px double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2px double; text-align: right">600,000,000</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: right">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: right">EXHIBIT A to</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 24pt; text-align: right">Liquidity Agreement</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">BUNGE ASSET FUNDING CORP.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">LIQUIDITY LOAN NOTE</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">$_______________&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New York, New York</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: right">[_____________], 2021</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">FOR VALUE RECEIVED,
BUNGE ASSET FUNDING CORP., a Delaware corporation (&ldquo;<U>BAFC</U>&rdquo;), hereby promises to pay to the order of ______________________________
(the &ldquo;<U>Liquidity Bank</U>&rdquo;), in lawful money of the United States of America in immediately available funds, at the
office of the Administrative Agent (as defined in the Liquidity Agreement referred to below) located at New York, New York, on
the Liquidity Commitment Expiration Date (as defined in the Liquidity Agreement referred to below) the principal sum of __________________________
or, if less, then the unpaid principal amount of all Liquidity Loans (as defined in the Liquidity Agreement) made by the Liquidity
Bank pursuant to the Liquidity Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">BAFC promises also
to pay interest on the unpaid principal amount of each Liquidity Loan made by the Liquidity Bank in like money at said office from
the date hereof until paid at the rates and at the times provided in <U>Section 3.03</U> of the Liquidity Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">This Liquidity Loan
Note evidences indebtedness incurred under and is subject to the terms and provisions of and entitled to the benefits of a Fourteenth
Amended and Restated Liquidity Agreement, dated as of July 16, 2021 (as from time to time in effect, the &ldquo;<U>Liquidity Agreement</U>&rdquo;),
among BAFC, certain lenders (including the Liquidity Bank) and JPMorgan Chase Bank, N.A., as agent for such lenders (the &ldquo;<U>Administrative
Agent</U>&rdquo;). This Note is secured by the Fifth Amended and Restated Security Agreement dated as of November 17, 2014, as
from time to time in effect, among BAFC, the Administrative Agent, Co&ouml;peratieve Rabobank U.A., New York Branch, as Letter
of Credit Agent, the Servicer and The Bank of New York Mellon, as Collateral Agent.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">As provided in the
Liquidity Agreement, this Note is subject to voluntary and mandatory prepayment, in whole or in part.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">In case a Mandatory
Liquidation Event (as defined in the Liquidity Agreement) shall occur and be continuing, the principal of and accrued interest
on this Liquidity Loan Note may be declared to be due and payable in the manner and with the effect provided in the Liquidity Agreement.</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">Any assignment of
any Liquidity Loan or this Liquidity Loan Note shall be effective only upon appropriate entries with respect thereto being made
in the Register (as defined in the Liquidity Agreement).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">BAFC hereby waives
presentment, demand, protest or notice of any kind in connection with this Note.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">THIS NOTE SHALL
BE CONSTRUED IN ACCORDANCE WITH AND BE GOVERNED BY THE LAWS OF THE STATE OF NEW YORK.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 24pt; text-align: justify; text-indent: 3in"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 12pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top; text-align: left">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">BUNGE ASSET FUNDING
CORP.</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 6%">&nbsp;</TD>
    <TD STYLE="width: 34%">&nbsp;</TD>
    <TD STYLE="width: 10%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>&nbsp;</TD>
    <TD>By:</TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>&nbsp;</TD>
    <TD>Name:</TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>&nbsp;</TD>
    <TD>Title:</TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 24pt; text-align: justify; text-indent: 3in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 24pt; text-align: justify; text-indent: 3in"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 3in"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: right">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: right">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: right">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: right">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: right">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: right">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: right"></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: right">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: right">EXHIBIT B to</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 24pt; text-align: right">Liquidity Agreement</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0.5in"><B>FORM OF ASSIGNMENT AND
ASSUMPTION</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0.5in"><B>&nbsp;</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">Reference is made
to the Fourteenth Amended and Restated Liquidity Agreement, dated as of July 16, 2021 (the &ldquo;<U>Liquidity Agreement</U>&rdquo;),
among Bunge Asset Funding Corp., JP Morgan Chase Bank, N.A. as Administrative Agent and the Liquidity Banks named therein. Terms
defined in the Liquidity Agreement are used herein with the same meaning.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">The &ldquo;<U>Assignor</U>&rdquo;
and the &ldquo;<U>Assignee</U>&rdquo; referred to on Annex 1 agree as follows:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Assignor hereby sells and assigns to the Assignee, and the Assignee hereby purchases and assumes from the Assignor, an interest
in and to the Assignor&rsquo;s rights and obligations under the Liquidity Agreement as of the date hereof equal to the percentage
interest specified on Annex 1 of all outstanding rights and obligations under the Liquidity Agreement. After giving effect to such
sale and assignment, the Assignee&rsquo;s Percentage of the Aggregate Liquidity Commitment and the amount of Liquidity Loans owing
to the Assignee will be as set forth on Annex 1.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Assignor (i) represents and warrants that it is the legal and beneficial owner of the interest being assigned by it hereunder and
that such interest is free and clear of any adverse claim; (ii) makes no representation or warranty and assumes no responsibility
with respect to any statements, warranties or representations made in or in connection with the Transaction Documents or the execution,
legality, validity, enforceability, genuineness, sufficiency or value of the Transaction Documents or any other instrument or document
furnished pursuant thereto; (iii) makes no representation or warranty and assumes no responsibility with respect to the financial
condition of any Program Party or the performance or observance by any Program Party of any of its obligations under the Transaction
Documents or any other instrument or document furnished pursuant thereto; and (iv) attaches the Liquidity Loan Note or Notes held
by the Assignor and requests that the Administrative Agent exchange such Liquidity Loan Note or Notes for a new Liquidity Loan
Note or Notes payable to the order of the Assignee in an amount equal to the Percentage of the Aggregate Liquidity Commitment assumed
by the Assignee pursuant hereto or new Liquidity Loan Notes payable to the order of the Assignee in an amount equal to the Percentage
of the Aggregate Liquidity Commitment assumed by the Assignee pursuant hereto and to the order of the Assignor in an amount equal
to the Percentage of the Aggregate Liquidity Commitment retained by the Assignor under the Liquidity Agreement, respectively, as
specified on Annex 1.</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Assignee (i) confirms that it has received a copy of the Liquidity Agreement and such other documents and information as it has
deemed appropriate to make its own credit analysis and decision to enter into this Assignment and Assumption; (ii) agrees that
it will, independently and without reliance upon the Administrative Agent, the Assignor or any other Liquidity Bank and based on
such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or
not taking action under the Liquidity Agreement; (iii) attaches the letters from each Series 2000-1 Rating Agency required by <U>subsection
11.05(a)(iv)</U> of the Liquidity Agreement; (iv) appoints and authorizes the Administrative Agent to take such action as agent
on its behalf and to exercise such powers and discretion under the Liquidity Agreement as are delegated to the Administrative Agent
by the terms thereof, together with such powers and discretion as are reasonably incidental thereto; (v) agrees that it will perform
in accordance with their terms all of the obligations that by the terms of the Liquidity Agreement are required to be performed
by it as a Liquidity Bank (including the obligations set forth at <U>Sections 11.12</U> and <U>11.17</U> of the Liquidity Agreement);
and (vi) attaches any tax form required under <U>Section 4.06(e)</U> or <U>(f)</U> of the Liquidity Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Following
the execution of this Assignment and Assumption, it will be delivered to the Administrative Agent and the Guarantor for acceptance.
The effective date for this Assignment and Assumption (the &ldquo;<U>Effective Date</U>&rdquo;) shall be the date of acceptance
hereof by the Administrative Agent and the Guarantor, unless otherwise specified on Annex 1.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Upon
such acceptance by the Administrative Agent and the Guarantor, as of the Effective Date, (i) the Assignee shall be a party to the
Liquidity Agreement and, to the extent provided in this Assignment and Assumption, have the rights and obligations of a Liquidity
Bank thereunder and (ii) the Assignor shall, to the extent provided in this Assignment and Assumption, relinquish its rights and
be released from its obligations under the Liquidity Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">6.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Upon
such acceptance by the Administrative Agent, from and after the Effective Date, the Administrative Agent shall make all payments
under the Liquidity Agreement and the Liquidity Loan Notes in respect of the interest assigned hereby (including, without limitation,
all payments of principal, interest and commitment fees with respect thereto) to the Assignee. The Assignor and Assignee shall
make all appropriate adjustments in payments under the Liquidity Agreement and the Liquidity Loan Notes for periods prior to the
Effective Date directly between themselves.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">7.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This
Assignment and Assumption shall be governed by, and construed in accordance with, the laws of the State of New York.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">8.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This
Assignment and Assumption may be executed in any number of counterparts and by different parties hereto in separate counterparts,
each of which when so executed shall be deemed to be an original and all of which taken together shall constitute one and the same
agreement. Delivery of an executed counterpart of Annex 1 to this Assignment and Assumption by telecopier shall be effective as
delivery of a manually executed counterpart of this Assignment and Assumption.</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">IN WITNESS
WHEREOF, the Assignor and the Assignee have caused Annex 1 to this Assignment and Assumption to be executed by their officers thereunto
duly authorized as of the date specified thereon.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">ANNEX 1<BR>
TO<BR>
ASSIGNMENT AND ASSUMPTION</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-indent: -0.5in">Percentage of Aggregate Liquidity<BR>
Commitment assigned:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#9;<U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#9;</U>%</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-indent: -0.5in">Assignee&rsquo;s Percentage of the<BR>
Aggregate Liquidity Commitment<BR>
(in Dollars) and Principal Amount<BR>
of Liquidity Loan Note payable to<BR>
Assignee after giving effect to such<BR>
sale and assignment:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#9;$<U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#9;</U></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-indent: -0.5in">Principal Amount of Liquidity Loans<BR>
payable to Assignee after giving<BR>
effect to such sale and assignment:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#9;$<U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#9;</U></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-indent: -0.5in">Assignor&rsquo;s Percentage of the
Aggregate<BR>
Liquidity Commitment after giving<BR>
effect to such sale and assignment:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#9;<U>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U>%</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-indent: -0.5in">Assignor&rsquo;s Percentage of the
Aggregate<BR>
Liquidity Commitment (in Dollars)<BR>
and Principal Amount of Liquidity<BR>
Loan Note payable to Assignor<BR>
after giving effect to such sale and<BR>
assignment:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#9;$<U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#9;</U></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-indent: -0.5in">Principal Amount of Liquidity Loans<BR>
payable to Assignor after giving<BR>
effect to such sale and assignment:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#9;$<U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-indent: -0.5in"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 12pt 0 24pt 3in; text-align: justify; text-indent: 3in"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-indent: -0.5in">Effective Date (if other than date
of acceptance<BR>
by Administrative Agent):&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#9;<U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#9;</U>, 20_</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 3in; text-align: justify"><U>[&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;]</U>,<U><BR>
</U>as Assignor,</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 3in; text-align: justify">By_________________________________</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 3in; text-align: justify">Title________________________________</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 3in; text-align: justify">Dated ___________, 20_</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 3in; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 3in; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 3in; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 3in; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 3in; text-align: justify">&nbsp;</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 3in; text-align: justify"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 3in; text-align: justify"><U></U></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 3in; text-align: justify"><U>[&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;]</U>,<BR>
as Assignee</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 3in; text-align: justify">By_________________________________</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 3in; text-align: justify">Title________________________________</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0.5in 3in; text-align: justify">Dated _____________, 20__</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 24pt; text-align: justify"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 24pt; text-align: justify">Accepted this ____ day of __________
20_</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt">JPMORGAN CHASE BANK, N.A.,<BR>
as Administrative Agent</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">By________________________________</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">Title_______________________________</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0.5in; text-align: justify">Dated _____________, 20_</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 24pt">BUNGE LIMITED,<BR>
as Guarantor</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 24pt; text-align: justify">By_________________________________</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 24pt; text-align: justify">Title________________________________</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 24pt; text-align: justify">Dated ______________, 20__</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: right"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: right">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: right">EXHIBIT C-1 to</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 24pt; text-align: right">Liquidity Agreement</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">FORM OF U.S. TAX COMPLIANCE EXEMPTION CERTIFICATE</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center">(For Non-U.S. Liquidity Banks That Are Not Partnerships
For U.S. Federal Income Tax Purposes)</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">Reference is made to the
Fourteenth Amended and Restated Liquidity Agreement, dated as of July 16, 2021 (as amended, supplemented or otherwise modified
from time to time, the &ldquo;<U>Liquidity Agreement</U>&rdquo;) among BUNGE ASSET FUNDING CORP., a Delaware corporation (&ldquo;<U>BAFC</U>&rdquo;),
the several banks and other financial institutions from time to time parties thereto (the &ldquo;<U>Liquidity Banks</U>&rdquo;),
and JPMORGAN CHASE BANK, N.A., as agent for the Liquidity Banks (in such capacity, the &ldquo;<U>Administrative Agent</U>&rdquo;).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">Pursuant to the provisions
of Section 4.06 of the Liquidity Agreement, the undersigned hereby certifies that (i) it is the sole record and beneficial owner
of the Liquidity Loan(s) (as well as any Liquidity Loan Note(s) evidencing such Liquidity Loan(s)) in respect of which it is providing
this certificate, (ii) it is not a bank within the meaning of Section 881(c)(3)(A) of the Code, (iii) it is not a ten percent shareholder
of BAFC within the meaning of Section 871(h)(3)(B) of the Code and (iv) it is not a controlled foreign corporation related to BAFC
as described in Section 881(c)(3)(C) of the Code.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">The undersigned has furnished
the Administrative Agent and BAFC with a certificate of its non-U.S. Person status on IRS Form W-8BEN or W-8BEN-E. By executing
this certificate, the undersigned agrees that (1) if the information provided on this certificate changes, the undersigned shall
promptly so inform BAFC and the Administrative Agent, and (2) the undersigned shall have at all times furnished BAFC and the Administrative
Agent with a properly completed and currently effective certificate in either the calendar year in which each payment is to be
made to the undersigned, or in either of the two calendar years preceding such payments.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">Unless otherwise defined
herein, terms defined in the Liquidity Agreement and used herein shall have the meanings given to them in the Liquidity Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 12pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt"><FONT STYLE="text-transform: uppercase">[NAME OF Liquidity Bank]</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 3.15pt">By:<U></U></TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 3.15pt">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 6%; padding-right: 5.4pt; padding-left: 0.25in">&nbsp;</TD>
    <TD STYLE="width: 10%">Name:</TD>
    <TD STYLE="width: 34%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;&nbsp;</TD>
    <TD STYLE="width: 50%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 0.25in">&nbsp;</TD>
    <TD>Title</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0 12pt">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0 12pt">Date: ________ __, 20_</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: right"></P>

<!-- Field: Page; Sequence: 104 -->
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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: right">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: right">EXHIBIT C-2 to</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 24pt; text-align: right">Liquidity Agreement</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">FORM OF U.S. TAX COMPLIANCE EXEMPTION CERTIFICATE</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">(For Foreign Participants That Are Not Partnerships
For U.S. Federal Income Tax Purposes)</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">Reference is made to the
Fourteenth Amended and Restated Liquidity Agreement, dated as of July 16, 2021 (as amended, supplemented or otherwise modified
from time to time, the &ldquo;<U>Liquidity Agreement</U>&rdquo;) among BUNGE ASSET FUNDING CORP., a Delaware corporation (&ldquo;<U>BAFC</U>&rdquo;),
the several banks and other financial institutions from time to time parties thereto (the &ldquo;<U>Liquidity Banks</U>&rdquo;),
and JPMORGAN CHASE BANK, N.A., as agent for the Liquidity Banks (in such capacity, the &ldquo;<U>Administrative Agent</U>&rdquo;).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">Pursuant to the provisions
of Section 4.06 of the Liquidity Agreement, the undersigned hereby certifies that (i) it is the sole record and beneficial owner
of the participation in respect of which it is providing this certificate, (ii) it is not a bank within the meaning of Section
881(c)(3)(A) of the Code, (iii) it is not a ten percent shareholder of BAFC within the meaning of Section 871(h)(3)(B) of the Code,
and (iv) it is not a controlled foreign corporation related to BAFC as described in Section 881(c)(3)(C) of the Code.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">The undersigned has furnished
its participating Liquidity Bank with a certificate of its non-U.S. Person status on IRS Form W-8BEN or W-8BEN-E. By executing
this certificate, the undersigned agrees that (1) if the information provided on this certificate changes, the undersigned shall
promptly so inform such Liquidity Bank in writing, and (2) the undersigned shall have at all times furnished such Liquidity Bank
with a properly completed and currently effective certificate in either the calendar year in which each payment is to be made to
the undersigned, or in either of the two calendar years preceding such payments.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">Unless otherwise defined
herein, terms defined in the Liquidity Agreement and used herein shall have the meanings given to them in the Liquidity Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt"><FONT STYLE="text-transform: uppercase">[NAME OF </FONT>PARTICIPANT]</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 3.15pt">By:<U></U></TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 3.15pt">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 6%; padding-right: 5.4pt; padding-left: 0.25in">&nbsp;</TD>
    <TD STYLE="width: 10%">Name:</TD>
    <TD STYLE="width: 34%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;&nbsp;</TD>
    <TD STYLE="width: 50%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 0.25in">&nbsp;</TD>
    <TD>Title</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0 12pt">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0 12pt">Date: ________ __, 20_</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: -0.25in">&nbsp;</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: right">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: right">EXHIBIT C-3 to</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 24pt; text-align: right">Liquidity Agreement</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">FORM OF U.S. TAX COMPLIANCE EXEMPTION CERTIFICATE</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">(For Foreign Participants That Are Partnerships
For U.S. Federal Income Tax Purposes)</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">Reference is made to the
Fourteenth Amended and Restated Liquidity Agreement, dated as of July 16, 2021 (as amended, supplemented or otherwise modified
from time to time, the &ldquo;<U>Liquidity Agreement</U>&rdquo;) among BUNGE ASSET FUNDING CORP., a Delaware corporation (&ldquo;<U>BAFC</U>&rdquo;),
the several banks and other financial institutions from time to time parties thereto (the &ldquo;<U>Liquidity Banks</U>&rdquo;),
and JPMORGAN CHASE BANK, N.A., as agent for the Liquidity Banks (in such capacity, the &ldquo;<U>Administrative Agent</U>&rdquo;).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">Pursuant to the provisions
of Section 4.06 of the Liquidity Agreement, the undersigned hereby certifies that (i) it is the sole record owner of the participation
in respect of which it is providing this certificate, (ii) its direct or indirect partners/members are the sole beneficial owners
of such participation, (iii) with respect to such participation, neither the undersigned nor any of its direct or indirect partners/members
is a bank extending credit pursuant to a loan agreement entered into in the ordinary course of its trade or business within the
meaning of Section 881(c)(3)(A) of the Code, (iv) none of its direct or indirect partners/members is a ten percent shareholder
of BAFC within the meaning of Section 871(h)(3)(B) of the Code and (v) none of its direct or indirect partners/members is a controlled
foreign corporation related to BAFC as described in Section 881(c)(3)(C) of the Code.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">The undersigned has furnished
its participating Liquidity Bank with IRS Form W-8IMY accompanied by one of the following forms from each of its partners/members
that is claiming the portfolio interest exemption: (i) an IRS Form W-8BEN or W-8BEN-E or (ii) an IRS Form W-8IMY accompanied by
an IRS Form W-8BEN or W-8BEN-E from each of such partner&rsquo;s/member&rsquo;s beneficial owners that is claiming the portfolio
interest exemption. By executing this certificate, the undersigned agrees that (1) if the information provided on this certificate
changes, the undersigned shall promptly so inform such Liquidity Bank and (2) the undersigned shall have at all times furnished
such Liquidity Bank with a properly completed and currently effective certificate in either the calendar year in which each payment
is to be made to the undersigned, or in either of the two calendar years preceding such payments.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">Unless otherwise defined
herein, terms defined in the Liquidity Agreement and used herein shall have the meanings given to them in the Liquidity Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt"><FONT STYLE="text-transform: uppercase">[NAME OF </FONT>PARTICIPANT]</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 3.15pt">By:<U></U></TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 3.15pt">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 6%; padding-right: 5.4pt; padding-left: 0.25in">&nbsp;</TD>
    <TD STYLE="width: 10%">Name:</TD>
    <TD STYLE="width: 34%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;&nbsp;</TD>
    <TD STYLE="width: 50%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 0.25in">&nbsp;</TD>
    <TD>Title</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0 12pt">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0 12pt">Date: ________ __, 20_</P>


<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0 12pt"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: -0.25in"></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: -0.25in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: right">EXHIBIT C-4 to</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 24pt; text-align: right">Liquidity Agreement</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">FORM OF U.S. TAX COMPLIANCE EXEMPTION CERTIFICATE</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">(For Non-U.S. Liquidity Banks That Are Partnerships
For U.S. Federal Income Tax Purposes)</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">Reference is made to the
Fourteenth Amended and Restated Liquidity Agreement, dated as of July 16, 2021 (as amended, supplemented or otherwise modified
from time to time, the &ldquo;<U>Liquidity Agreement</U>&rdquo;) among BUNGE ASSET FUNDING CORP., a Delaware corporation (&ldquo;<U>BAFC</U>&rdquo;),
the several banks and other financial institutions from time to time parties thereto (the &ldquo;<U>Liquidity Banks</U>&rdquo;),
and JPMORGAN CHASE BANK, N.A., as agent for the Liquidity Banks (in such capacity, the &ldquo;<U>Administrative Agent</U>&rdquo;).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">Pursuant to the provisions
of Section 4.06 of the Liquidity Agreement, the undersigned hereby certifies that (i) it is the sole record owner of the Liquidity
Loan(s) (as well as any Liquidity Loan Note(s) evidencing such Liquidity Loan(s)) in respect of which it is providing this certificate,
(ii) its direct or indirect partners/members are the sole beneficial owners of such Liquidity Loan(s) (as well as any Liquidity
Loan Note(s) evidencing such Liquidity Loan(s)), (iii) with respect to the extension of credit pursuant to this Liquidity Agreement
or any other Transaction Document, neither the undersigned nor any of its direct or indirect partners/members is a bank extending
credit pursuant to a loan agreement entered into in the ordinary course of its trade or business within the meaning of Section
881(c)(3)(A) of the Code, (iv) none of its direct or indirect partners/members is a ten percent shareholder of BAFC within the
meaning of Section 871(h)(3)(B) of the Code and (v) none of its direct or indirect partners/members is a controlled foreign corporation
related to BAFC as described in Section 881(c)(3)(C) of the Code.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">The undersigned has furnished
the Administrative Agent and BAFC with IRS Form W-8IMY accompanied by one of the following forms from each of its partners/members
that is claiming the portfolio interest exemption: (i) an IRS Form W-8BEN or W-8BEN-E or (ii) an IRS Form W-8IMY accompanied by
an IRS Form W-8BEN or W-8BEN-E from each of such partner&rsquo;s/member&rsquo;s beneficial owners that is claiming the portfolio
interest exemption. By executing this certificate, the undersigned agrees that (1) if the information provided on this certificate
changes, the undersigned shall promptly so inform BAFC and the Administrative Agent, and (2) the undersigned shall have at all
times furnished BAFC and the Administrative Agent with a properly completed and currently effective certificate in either the calendar
year in which each payment is to be made to the undersigned, or in either of the two calendar years preceding such payments.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">Unless otherwise defined
herein, terms defined in the Liquidity Agreement and used herein shall have the meanings given to them in the Liquidity Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt"><FONT STYLE="text-transform: uppercase">[NAME OF Liquidity Bank]</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 3.15pt">By:<U></U></TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 3.15pt">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 6%; padding-right: 5.4pt; padding-left: 0.25in">&nbsp;</TD>
    <TD STYLE="width: 10%">Name:</TD>
    <TD STYLE="width: 34%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;&nbsp;</TD>
    <TD STYLE="width: 50%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 0.25in">&nbsp;</TD>
    <TD>Title</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0 12pt">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0 12pt">Date: ________ __, 20_</P>


<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"></P>

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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.6
<SEQUENCE>10
<FILENAME>ss373914_ex1006.htm
<DESCRIPTION>TENTH AMENDED AND RESTATED GUARANTY
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="text-align: right; margin-top: 0; margin-bottom: 0"><B><U>Exhibit 10.6</U></B></P>

<P STYLE="text-align: right; margin-top: 0; margin-bottom: 0"><B>&nbsp;</B></P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><FONT STYLE="text-transform: uppercase"><B>TENTH
amended and Restated GUARANTY</B></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">This Tenth Amended
and Restated Guaranty (as amended, supplemented or otherwise modified in accordance with the terms hereof and in effect from time
to time, this &ldquo;<U>Guaranty</U>&rdquo;) is made as of the 16<SUP>th</SUP> day of July, 2021 by Bunge Limited, a company incorporated
under the laws of Bermuda (together with any successors or assigns permitted hereunder, &ldquo;<U>BL</U>&rdquo; or &ldquo;<U>Guarantor</U>&rdquo;)
to Co&ouml;peratieve Rabobank U.A., New York Branch, in its capacity as the letter of credit agent under the Letter of Credit Reimbursement
Agreement (together with its successors and assigns, the &ldquo;<U>Letter of Credit Agent</U>&rdquo;) for the benefit of the Letter
of Credit Banks, JPMorgan Chase Bank, N.A., in its capacity as the administrative agent under the Liquidity Agreement (together
with its successors and assigns, the &ldquo;<U>Administrative Agent</U>&rdquo;) for the benefit of the Liquidity Banks and The
Bank of New York Mellon (formerly known as The Bank of New York), in its capacity as collateral agent under the Security Agreement
(the &ldquo;<U>Collateral Agent</U>&rdquo;) and as trustee (the &ldquo;<U>Trustee</U>&rdquo;) under the Pooling Agreement. This
Guaranty amends and restates that certain Ninth Amended and Restated Guaranty, dated as of December 14, 2018, by BL to the Letter
of Credit Agent, Administrative Agent, Collateral Agent and Trustee.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><FONT STYLE="text-transform: uppercase"><B>WITNESSETH:</B></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">WHEREAS, Bunge Asset
Funding Corp. (&ldquo;<U>BAFC</U>&rdquo;) proposes from time to time to issue its short-term promissory notes (the &ldquo;<U>Commercial
Paper</U>&rdquo;) to be offered in the commercial paper markets;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">WHEREAS, BAFC proposes
to fund advances under the Series 2000-1 VFC Certificate from the proceeds of the Commercial Paper;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">WHEREAS, BAFC is contemporaneously
herewith entering into a Liquidity Agreement with the financial institutions parties thereto (the &ldquo;<U>Liquidity Banks</U>&rdquo;)
and the Administrative Agent;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">WHEREAS, BAFC is contemporaneously
herewith entering into that certain Letter of Credit Reimbursement Agreement with the Letter of Credit Agent and the Letter of
Credit Banks pursuant to which the Letter of Credit Banks will issue the Letter of Credit for the benefit of the Administrative
Agent, on behalf of the Liquidity Banks;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">WHEREAS, the execution
and delivery of this Guaranty is a condition precedent to the effectiveness of the Letter of Credit Reimbursement Agreement, the
Liquidity Agreement and each Supplement to the Pooling Agreement, and to the issuance of the Letter of Credit.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">NOW, THEREFORE, in
consideration of the premises and the mutual covenants contained herein, the parties hereby agree as follows:</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Section 1.&#9;<U>Definitions</U><I>.</I></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;For
all purposes of this Guaranty, except as otherwise expressly provided herein or unless the context otherwise requires, capitalized
terms used herein shall have the meanings assigned to such terms in Annex X (as amended, supplemented or otherwise modified and
in effect from time to time, &ldquo;<U>Annex X</U>&rdquo;) attached to the Sixth Amended and Restated Pooling Agreement, dated
as of August 31, 2020, among Bunge Funding, Inc., Bunge Management Services, Inc., as Servicer and the Trustee (as amended, supplemented
or otherwise modified and in effect from time to time, the &ldquo;<U>Pooling Agreement</U>&rdquo;), which is incorporated by reference
herein.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Notwithstanding
any other provision contained herein or in the other Transaction Documents, all terms of an accounting or financial nature used
herein and in the other Transaction Documents shall be construed, and all computations of amounts and ratios referred to herein
and in the other Transaction Documents shall be made, and prepared:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;in
accordance with GAAP (including principles of consolidation where appropriate), and all accounting or financial terms shall have
the meanings ascribed to such terms by GAAP; <U>provided</U>, <U>however</U>, that all accounting terms used in <U>Section 8.2</U>
below (and all defined terms used in the definition of any accounting term used in <U>Section 8.2</U> below) shall have the meaning
given to such terms (and defined terms) under GAAP as in effect on the date hereof applied on a basis consistent with those used
in preparing the financial statements referred to in <U>Section 7(a)</U> below. In the event of any change after the date hereof
in GAAP, and if such change would affect the computation of any of the financial covenants set forth in <U>Section 8.2</U> below,
then the parties hereto agree to endeavor, in good faith, to agree upon an amendment to this Guaranty that would adjust such financial
covenants in a manner that would preserve the original intent thereof, but would allow compliance therewith to be determined in
accordance with the Guarantor&rsquo;s financial statements at that time, provided that, until so amended such financial covenants
shall continue to be computed in accordance with GAAP prior to such change therein; and</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;without
giving effect to any election under Statement of Financial Accounting Standards 159 (or any other Financial Accounting Standard
having a similar result or effect) to value any Indebtedness or other liabilities of BLFC, BFE, BAFC, the Guarantor or any of their
Subsidiaries at &ldquo;fair value&rdquo;, as defined therein.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Notwithstanding any other
provision contained herein, all obligations of the Guarantor, BLFC, BFE, BAFC and any of their respective Subsidiaries that are
or would be characterized as an operating lease as determined in accordance with GAAP as in effect on December 14, 2018 (whether
or not such operating lease was in effect on such date) shall continue to be accounted for as an operating lease (and not as a
capital lease) for purposes of the Transaction Documents regardless of any change in GAAP following December 14, 2018 (or any change
in the implementation in GAAP for future periods that are contemplated as of December 14, 2018) that would otherwise require such
obligation to be re characterized as a capital lease and the Guarantor, BLFC, BFE, BAFC and their respective Subsidiaries shall
continue to provide financial reporting which differentiates between operating leases and capital leases in accordance with GAAP
as in effect on December 14, 2018.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Section 2.&#9;<U>Guaranty</U><I>.
</I>Subject to the terms and conditions of this Guaranty, the Guarantor hereby unconditionally and irrevocably guarantees (collectively,
the &ldquo;<U>Guaranty Obligations</U>&rdquo;) (a) with respect to Series 2000-1, (i) the punctual payment and reimbursement of
all Letter of Credit Obligations when due pursuant to the Letter of Credit Reimbursement Agreement and the Letter of Credit, (ii)
payments to fund or to replenish the Reserve Account as provided in <U>Section 5.8</U> of the Security Agreement and (iii) the
difference between (A) the amount payable to the Administrative Agent and the Liquidity Banks under the Liquidity Agreement whether
for principal, interest, fees or otherwise and (B) the amount of payments made to BAFC under the Series 2000-1 VFC Certificate
which are available solely to make such payments due under the Liquidity Agreement (<U>provided</U>, that to the extent such difference
exists because of the failure of an Obligor to promptly pay any amounts due and owing (or that would be due and owing but for the
occurrence of an Insolvency Event with respect to such Obligor) with respect to any Loan, the Guarantor shall not be required to
make payments pursuant to this clause (iii) until the Obligor fails to make such payments on such Loan for a period of eight (8)
days or more), (b) with respect to all Outstanding Series (including Series 2000-1), (i) the prompt and punctual payment of all
amounts due and owing in respect of Loans sold, transferred, assigned or otherwise conveyed by the Sellers to the Company and by
the Company to the Trust to the extent the related Obligor has failed to pay such amounts due and owing (or that would be due and
owing but for the occurrence of an Insolvency Event with respect to such Obligor) for a period of eight (8) days or more, (ii)
to the extent not timely paid, all fees, expenses and indemnifications of the Trustee and the Collateral Agent owed by the Company
under the Pooling Agreement and the Security Agreement and owed by the Servicer under the Pooling Agreement and the Servicing Agreement,
and (iii) that there will be a sufficient amount of each applicable Approved Currency available in each Series Collection Subaccount
(and each Series Currency Collection Sub-subaccount) for the Trustee to make the distributions required pursuant to <U>subsections
3A.05(a)</U> and <U>3A.05(b)</U> of each Series Supplement, (c) with respect to Series 2002-1, the prompt and punctual payment
of all amounts due and owing by BLFC in connection with the termination of a Hedge Agreement entered into by BLFC and (d) with
respect to Series 2003-1, the prompt and punctual payment of all amounts due and owing by BFE in connection with the termination
of a Hedge Agreement entered into by BFE. All payments by the Guarantor under this Guaranty (i) with respect to Letter of Credit
Obligations, shall be made to the Letter of Credit Agent for disbursement pro rata to the Letter of Credit Banks in accordance
with their respective Letter of Credit Commitment Shares, (ii) with respect to the Reserve Account, shall be deposited in the Reserve
Account for distribution in accordance with the Security Agreement, (iii) with respect to the Series 2000-1 VFC Certificate, shall
be deposited in the Cash Collateral Account for distribution in accordance with the terms of the Security Agreement, (iv) with
respect to Loans, shall be made to the Trustee for deposit in the Collection Account for distribution in accordance with the terms
of the Pooling Agreement and each Supplement, (v) with respect to amounts due the Trustee and the Collateral Agent for payment
of their fees, expenses and indemnities, directly to the Trustee and the Collateral Agent at their Notice Address, (vi) with respect
to the amounts due under clause (b)(iii) above, shall be deposited in the applicable Series Collection Subaccount (or applicable
Series Currency Collection Sub-subaccounts) for distribution in accordance with each Supplement, (vii) with respect to the amounts
due under clause (c) above, shall be deposited in the Series 2002-1 Collection Subaccount (or applicable Series 2002-1 Currency
Collection Subaccount) for distribution in accordance with the Series 2002-1 Supplement, and (viii) with respect to the amounts
due under clause (d) above, shall be deposited in the Series 2003-1 Collection Subaccount (or applicable Series 2003-1 Currency
Collection Subaccount) for distribution in accordance with the Series 2003-1 Supplement.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Section 3.&#9;<U>Guaranty
Absolute</U><I>.</I> The Guarantor guarantees that the Guaranty Obligations will be paid, regardless of any applicable law, regulation
or order now or hereinafter in effect in any jurisdiction affecting any of such terms or the rights of the Letter of Credit Agent,
the Administrative Agent, the Collateral Agent or the Trustee with respect thereto. The liability of the Guarantor under this Guaranty
shall be absolute and unconditional irrespective of:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Any
lack of validity or enforceability of or defect or deficiency in the Letter of Credit Reimbursement Agreement, the Liquidity Agreement,
any other Transaction Document or any other agreement or instrument executed in connection with or pursuant thereto;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Any
change in the time, manner, terms or place of payment of, or in any other term of, all or any of the Guaranty Obligations, or any
other amendment or waiver of or any consent to departure from the Letter of Credit Reimbursement Agreement, the Liquidity Agreement,
any other Transaction Document or any other agreement or instrument relating thereto or executed in connection therewith or pursuant
thereto;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Any
sale, exchange or non-perfection of any property standing as security for the liabilities hereby guaranteed or any liabilities
incurred directly or indirectly hereunder or any setoff against any of said liabilities, or any release or amendment or waiver
of or consent to departure from any other guaranty, for all or any of the Guaranty Obligations;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
failure of the Letter of Credit Agent, the Administrative Agent, the Collateral Agent or the Trustee to assert any claim or demand
or to enforce any right or remedy against the Company, BAFC or any other Person hereunder or under the other Transaction Documents;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Any
failure by BAFC or any other Program Party in the performance of any obligation with respect to the Letter of Credit Reimbursement
Agreement, the Liquidity Agreement or any other Commercial Paper Program Document;</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Any
change in the corporate existence, structure or ownership of the Company, BAFC or any other Person, or any insolvency, bankruptcy
reorganization or other similar proceeding affecting the Company, BAFC or any other Person or any of its assets or resulting in
the release or discharge of any of the Guaranty Obligations;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Any
other circumstance which might otherwise constitute a defense available to, or a discharge of, the Guarantor, the Company, BAFC
or any other Person (including any other guarantor) that is a party to any document or instrument executed in respect of the Guaranty
Obligations; or</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Any
law, regulation, decree or order of any jurisdiction, or any other event, affecting any term of any Guaranty Obligations or the
Letter of Credit Agent&rsquo;s, the Administrative Agent&rsquo;s or the Trustees&rsquo; rights with respect thereto, including,
without limitation: (A) the application of any such law, regulation, decree or order, including any prior approval, which would
prevent the exchange of a currency other than Dollars for Dollars or the remittance of funds outside of such jurisdiction or the
unavailability of Dollars in any legal exchange market in such jurisdiction in accordance with normal commercial practice; or (B)
a declaration of banking moratorium or any suspension of payments by banks in such jurisdiction or the imposition by such jurisdiction
or any Governmental Authority thereof of any moratorium on, the required rescheduling or restructuring of, or required approval
of payments on, any indebtedness in such jurisdiction; or (C) any expropriation, confiscation, nationalization or requisition by
such country or any Governmental Authority that directly or indirectly deprives the Guarantor, the Company, BAFC or any other Person
of any assets or their use or of the ability to operate its business or a material part thereof; or (D) any war (whether or not
declared), insurrection, revolution, hostile act, civil strife or similar events occurring in such jurisdiction which has the same
effect as the events described in clause (A), (B) or (C) above (in each of the cases contemplated in clauses (A) through (D) above,
to the extent occurring or existing on or at any time after the date of this Guaranty).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">The obligations of
the Guarantor under this Guaranty shall not be affected by the amount of credit extended to the Company or BAFC, any repayment
by BAFC to the Letter of Credit Agent or the Letter of Credit Banks, the Administrative Agent or the Liquidity Banks or the Collateral
Agent (in each case, other than the full and final payment of all of the Guaranty Obligations), any repayment by the Company to
the Investor Certificateholders (other than the full and final payment of all amounts due and owing to such Investor Certificateholders),
the allocation by the Letter of Credit Agent, the Letter of Credit Banks, the Administrative Agent, the Liquidity Banks, the Collateral
Agent or the Trustee of any repayment, any compromise or discharge of the Guaranty Obligations, any application, release or substitution
of collateral or other security therefor, the release of any guarantor, surety or other Person obligated in connection with any
document or instrument executed in respect of the Guaranty Obligations, or any further advances to the Company or BAFC.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Section 4.&#9;<U>Waiver</U>.
The Guarantor hereby waives (a) promptness, diligence, notice of acceptance, presentment, demand, protest, notice of protest and
dishonor, notice of default, notice of intent to accelerate, notice of acceleration and any other notice with respect to any of
the Guaranty Obligations and this Guaranty, (b) any requirement that the Letter of Credit Agent, the Letter of Credit Banks, the
Administrative Agent, the Liquidity Banks, the Collateral Agent or the Trustee protect, secure, perfect or insure any security
interest or Lien on any property subject thereto or exhaust any right or take any action against BAFC, the Company or any other
Person or entity or any collateral or that BAFC, the Company or any other Person or entity be joined in any action hereunder, (c)
the defense of the statute of limitations in any action under this Guaranty or for the collection or performance of the Guaranty
Obligations, (d) any defense arising by reason of any lack of corporate authority, (e) any defense based upon any guaranteed party&rsquo;s
errors or omissions in the administration of the Guaranty Obligations except to the extent that any error or omission is caused
by such guaranteed party&rsquo;s bad faith, gross negligence or willful misconduct (as finally determined by a court of competent
jurisdiction), (f) any rights to set-offs and counterclaims and (g) any defense based upon an election of remedies which destroys
or impairs the subrogation rights of the Guarantor or the right of the Guarantor to proceed against the Company or BAFC or any
other obligor of the Guaranty Obligations for reimbursement; <U>provided</U>, <U>however</U><I>, </I>that the Guarantor and the
Letter of Credit Agent hereby agree that, prior to the Letter of Credit Agent seeking to enforce this Guaranty, the Letter of Credit
Agent shall have requested and received a certification from the Collateral Agent that, after taking the action specified in <U>subsections
5.2(a)(i)(B)</U>, <U>5.2(a)(v)</U>, <U>6.2(a)(i)(B)</U> or <U>6.2(a)(v)</U> of the Security Agreement, a deficiency exists with
respect to amounts then due and payable to the Letter of Credit Banks and specifying the amount of such deficiency. No such certification
shall be necessary with respect to enforcement by the Administrative Agent, the Collateral Agent or the Trustee. All dealings between
the Company, BAFC or the Guarantor, on the one hand, and the Letter of Credit Agent, the Administrative Agent, the Collateral Agent
and the Trustee, on the other hand, shall likewise be conclusively presumed to have been had or consummated in reliance upon this
Guaranty. Should the Letter of Credit Agent, the Administrative Agent, the Collateral Agent or the Trustee seek to enforce the
obligations of the Guarantor hereunder by action in any court, the Guarantor waives any necessity, substantive or procedural, that
a judgment previously be rendered against the Company, BAFC or any other Person, or that any action be brought against the Company,
BAFC or any other Person, or that the Company, BAFC or any other Person should be joined in such cause. Such waiver shall be without
prejudice to the Letter of Credit Agent, the Administrative Agent, the Collateral Agent or the Trustee at their option to proceed
against the Company, BAFC or any other Person, whether by separate action or by joinder. The Guarantor further expressly waives
each and every right to which it may be entitled by virtue of the suretyship law of the State of New York or any other applicable
jurisdiction.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Section 5.&#9;<U>Several
Obligations</U><I>.</I> The obligations of the Guarantor hereunder are separate and apart from the Company, BAFC or any other Person
(other than the Guarantor), and are primary obligations concerning which the Guarantor is the principal obligor. The Guarantor
agrees that this Guaranty shall not be discharged except by payment in full of the Guaranty Obligations and complete performance
of the obligations of the Guarantor hereunder. The obligations of the Guarantor hereunder shall not be affected in any way by the
release or discharge of the Company or BAFC from the performance of any of the Guaranty Obligations, whether occurring by reason
of law or any other cause, whether similar or dissimilar to the foregoing.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Section 6.&#9;<U>Subrogation
Rights</U><I>.</I> If any amount shall be paid to the Guarantor on account of subrogation rights at any time when all the Guaranty
Obligations shall not have been paid in full, such amount shall be held in trust for the benefit of the Letter of Credit Agent,
the Administrative Agent, the Collateral Agent and the Trustee in accordance with their respective interests therein and shall
forthwith be paid to the Letter of Credit Agent, the Administrative Agent, the Collateral Agent and the Trustee to be applied to
the Guaranty Obligations in such order as specified in the Security Agreement. If (a) the Guarantor makes a payment to the Letter
of Credit Agent, the Administrative Agent, the Collateral Agent or the Trustee of all or any part of the Guaranty Obligations and
(b) all the Guaranty Obligations have been paid in full, the Letter of Credit Agent, the Administrative Agent, the Collateral Agent
or the Trustee will, at the Guarantor&rsquo;s request, execute and deliver to the Guarantor appropriate documents, without recourse
and without representation or warranty of any kind whatsoever, necessary to evidence the transfer by subrogation to the Guarantor
of any interest in the Guaranty Obligations resulting from such payment by the Guarantor. The Guarantor hereby agrees that it shall
have no rights of subrogation with respect to amounts due to the Letter of Credit Agent, the Letter of Credit Banks, the Administrative
Agent, the Liquidity Banks, the Collateral Agent or the Trustee until such time as all obligations of BAFC to the Secured Parties
and of the Company or the Trust to the Trustee (for the benefit of the Investor Certificateholders of all Outstanding Series) have
been paid in full and the Letter of Credit, the Liquidity Agreement and the Security Agreement have been terminated.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Section 7.&#9;<U>Representations
and Warranties</U>. The Guarantor hereby represents and warrants as follows:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Financial
Condition</U>.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
consolidated balance sheet of the Guarantor and its consolidated Subsidiaries as of December 31, 2020 and the related consolidated
statements of income for the fiscal year ended on such date, reported on by the Guarantor&rsquo;s independent public accountants,
copies of which have heretofore been furnished to the Trustee, the Administrative Agent and the Letter of Credit Agent, are complete
and correct, in all material respects, and present fairly the financial condition of the Guarantor and its consolidated Subsidiaries
as at such date, and the results of operations for the fiscal year then ended. Such financial statements, including any related
schedules and notes thereto, have been prepared in accordance with GAAP applied consistently throughout the periods involved (except
as approved by the external auditors and as disclosed therein, if any).</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Except
as disclosed in Schedule V attached hereto, neither the Guarantor nor its consolidated Subsidiaries had, at the date of the most
recent balance sheet referred to above, any material guarantee obligation, contingent liability (as defined in accordance with
GAAP), or any long-term lease or unusual forward or long-term commitment, including, without limitation, any interest rate or foreign
currency swap or exchange transaction, which is not reflected in the foregoing statements or in the notes thereto, except for guarantees,
indemnities or similar obligations of the Guarantor or a consolidated Subsidiary supporting obligations of one Subsidiary to another
Subsidiary.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;During
the period from December 31, 2020 to and including the date hereof, except as disclosed in Schedule V attached hereto, neither
the Guarantor nor its consolidated Subsidiaries has sold, transferred or otherwise disposed of any material part of its business
or property, nor has it purchased or otherwise acquired any business or property (including any capital stock of any other Person)
material in relation to the consolidated financial condition of the Guarantor and its consolidated Subsidiaries at December 31,
2020.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Change</U>. Since December 31, 2020, except as disclosed in Schedule I hereof, there has been no development or event which has
had or could, in the Guarantor&rsquo;s good faith reasonable judgment, reasonably be expected to have a Material Adverse Effect.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Corporate
Existence; Compliance with Law</U>. The Guarantor and each of its Subsidiaries (i) is duly organized and validly existing under
the laws of the jurisdiction of its incorporation, (ii) has the corporate power and authority, and the legal right, to own and
operate its property, to lease the property it operates as lessee and to conduct the business in which it is currently engaged,
(iii) is duly qualified under the laws of each jurisdiction where its ownership, lease or operation of property or the conduct
of its business requires such qualification, except where the failure to be so duly qualified could not reasonably be expected
to have a Material Adverse Effect, and (iv) is in compliance with all Requirements of Law and Contractual Obligations, except any
non-compliance which could not reasonably be expected to have a Material Adverse Effect.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Corporate
Power; Authorization; Enforceable Obligations</U>. The Guarantor and each of its Subsidiaries has the corporate power and authority,
and the legal right, to make, deliver and perform this Guaranty and each of the other Transaction Documents to which such Person
is a party and to borrow thereunder and has taken all necessary corporate action to authorize (i) the borrowings on the terms and
conditions of the Transaction Documents to which such Person is a party, (ii) the execution, delivery and performance of this Guaranty
and each of the other Transaction Documents to which it is a party and (iii) the remittance of payments in the applicable Approved
Currency of all amounts payable hereunder and thereunder. No consent or authorization of, filing with, notice to or other act by
or in respect of, any Governmental Authority or any other Person is required in connection with the borrowings under the Transaction
Documents, the remittance of payments in the applicable Approved Currency in accordance with the terms hereof and thereof or with
the execution, delivery, performance, validity or enforceability of this Guaranty and each of the other Transaction Documents.
This Guaranty and each of the other Transaction Documents to which the Guarantor and/or any of its Subsidiaries are a party have
been duly executed and delivered on behalf of the Guarantor and each of such Subsidiaries. Each of this Guaranty and each of the
other Transaction Documents to which the Guarantor and/or any of its Subsidiaries are a party constitutes a legal, valid and binding
obligation of the Guarantor and each of such Subsidiaries enforceable against the Guarantor and each of such Subsidiaries in accordance
with its terms, except as enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or similar
laws affecting the enforcement of creditors&rsquo; rights generally and by general equitable principles (whether enforcement is
sought by proceedings in equity or law).</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Legal Bar</U>. The execution, delivery and performance by the Guarantor of this Guaranty, and by it and each of its Subsidiaries
of the other Transaction Documents to which each such entity is a party, the borrowings thereunder and the use of the proceeds
thereof will not violate any Requirement of Law or Contractual Obligation to which the Guarantor or any of its Subsidiaries are
a party or by which it or they are bound and will not result in, or require, the creation or imposition of any Lien on any of the
properties or revenues of any of the Guarantor or its Subsidiaries pursuant to any such Requirement of Law or Contractual Obligation.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Material Litigation</U>. Except as disclosed in Schedule VI attached hereto, no litigation, investigation or proceeding of or before
any arbitrator or Governmental Authority is pending or, to the knowledge of the Guarantor, threatened by or against the Guarantor
or any of its Subsidiaries or against any of their respective properties or revenues (a) with respect to this Guaranty or the other
Transaction Documents or any of the transactions contemplated hereby or thereby or (b) which could reasonably be expected to have
a Material Adverse Effect.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Ownership
of Property; Liens</U>. The Guarantor and each of its Subsidiaries has good record and marketable title in fee simple to, or a
valid leasehold interest in, all its material real property, and good title to, or a valid leasehold interest in, all its other
material property except for defects in title which would not have a Material Adverse Effect, and none of the property is subject
to any Lien that secures Secured Indebtedness, other than a Lien that secures Permitted Secured Indebtedness or any other Secured
Indebtedness permitted under <U>Section 8.2(a)(iv)</U> of this Guaranty.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Environmental
Matters</U>. The Guarantor and its Subsidiaries have obtained all permits, licenses and other authorizations that are necessary
to operate their respective business and required under all applicable Environmental Laws, except where the failure to do so would
not reasonably be expected to have a Material Adverse Effect. Except as set forth on Schedule II attached hereto, (i) Hazardous
Materials have not at any time been generated, used, treated or stored on, released or disposed of on, or transported to or from,
any property owned, leased, used, operated or occupied by the Guarantor or any of its Subsidiaries or, to the best of the Guarantor&rsquo;s
knowledge, any property adjoining or in the vicinity of any such property except in compliance with all applicable Environmental
Laws other than where the failure to do so would not reasonably be expected to have a Material Adverse Effect and (ii) there are
no past, pending or threatened (in writing) Environmental Claims against the Guarantor or any of its Subsidiaries or any property
owned, leased, used, operated or occupied by the Guarantor or any of its Subsidiaries that individually or in the aggregate would
reasonably be expected to have a Material Adverse Effect. The operations of the Guarantor and its Subsidiaries are in compliance
in all material respects with all terms and conditions of the required permits, licenses, certificates, registrations and authorizations,
and are also in compliance in all material respects with all other limitations, restrictions, conditions, standards, prohibitions,
requirements, obligations, schedules and timetables contained in the Environmental Laws, except where the failure to do so would
not reasonably be expected to have a Material Adverse Effect.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Default</U>. Except with respect to the Indebtedness set forth on Schedule III attached hereto, neither the Guarantor nor any of
its Subsidiaries is in default under or with respect to any agreement, instrument or undertaking to which it is a party or by which
it is bound in any respect which could reasonably be expected to have a Material Adverse Effect. No Early Amortization Event or
Potential Early Amortization Event has occurred and is continuing.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(j)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Taxes</U>.
Under the laws of Bermuda, the execution, delivery and performance by the Guarantor of this Guaranty and by it and each of its
Subsidiaries (as the case may be) of the other Transaction Documents to which they are a party and all payments of principal, interest,
fees and other amounts hereunder and thereunder are exempt from all income or withholding taxes, stamp taxes, charges or contributions
of Bermuda or any political subdivision or taxing authority thereof, irrespective of the fact that the Administrative Agent, the
Letter of Credit Agent, any of the Letter of Credit Banks or any of the Liquidity Banks may have a representative office or subsidiary
in Bermuda. Except as otherwise provided herein or therein, the Guarantor is validly obligated to make all payments due under this
Guaranty free and clear of such tax, withholding or charge so that the Investor Certificateholders, the Administrative Agent, the
Letter of Credit Agent, the Letter of Credit Banks and the Liquidity Banks shall receive the amounts due as if no such tax, withholding
or charge had been imposed.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(k)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Pari
Passu Status</U>. The obligations of the Guarantor hereunder constitute direct, general obligations of the Guarantor and rank
at least <U>pari</U>&nbsp;<U>passu</U> (in priority of payment) with all other unsecured, unsubordinated Indebtedness (other than
any such Indebtedness that is preferred by mandatory provisions of law) of the Guarantor.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(l)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Purpose
of Advances</U>. The proceeds of each advance under the Investor Certificates shall be used by the Guarantor and the Designated
Obligors for their general corporate purposes. Notwithstanding the foregoing, any use of advances under the Investor Certificates
as so described in this subsection shall not affect the obligations of the Guarantor hereunder.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(m)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Information</U>.
All information (including, with respect to the Guarantor, without limitation, the financial statements required to be delivered
pursuant hereto), which has been made available to the Trustee, the Administrative Agent, any Liquidity Bank, the Letter of Credit
Agent or any Letter of Credit Bank by or on behalf of the Guarantor in connection with the transactions contemplated hereby and
the other Transaction Documents is complete and correct in all material respects and does not contain any untrue statement of a
material fact or omit to state a material fact necessary in order to make the statements contained therein not materially misleading
in light of the circumstances under which such statements were made; <U>provided</U>, that, with respect to projected financial
information provided by or on behalf of the Guarantor, the Guarantor represents only that such information was prepared in good
faith by management of the Guarantor on the basis of assumptions believed by such management to be reasonable as of the time made.
As of the Amendment Effective Date, the information included in the Beneficial Ownership Certification of BAFC is true and correct.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(n)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Designated
Obligors</U>. On the date hereof, BL directly or indirectly owns the percentage of the voting stock of each Designated Obligor
(other than BL) set forth on Schedule IV attached hereto.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(o)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Restrictions
on Designated Obligors</U>. There is no legal or regulatory restriction on the ability of any Designated Obligor to pay dividends
to the Guarantor out of earnings at such times as such Designated Obligor is not deemed to be insolvent pursuant to the laws of
its jurisdiction of incorporation nor any legal or regulatory restriction preventing the Guarantor from converting such dividend
payments to an Approved Currency.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(p)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Federal
Regulations</U>. No part of the proceeds of any advances under the Investor Certificates will be used for &ldquo;purchasing&rdquo;
or &ldquo;carrying&rdquo; any &ldquo;margin stock&rdquo; within the respective meanings of each of the quoted terms under Regulation
U of the Board of Governors of the Federal Reserve System of the United States as now and from time to time hereafter in effect.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(q)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Investment
Company Act</U>. The Guarantor is not an &ldquo;investment company&rdquo;, or a company &ldquo;controlled&rdquo; by an &ldquo;investment
company&rdquo;, within the meaning of the 1940 Act.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(r)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Solvency</U>.
The Guarantor is, individually and together with its Subsidiaries, Solvent.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(s)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Consideration</U>.
The Guarantor has received, or will receive, direct or indirect benefit from the making of this Guaranty. The Guarantor has, independently
and without reliance upon the Administrative Agent, the Letter of Credit Agent or the Trustee and based on such documents and information
it has deemed appropriate, made its own credit analysis and decision to enter into this Guaranty.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(t)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Sanctions</U>.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To
the best of the knowledge of the Responsible Officers of the Guarantor, the Guarantor and its Subsidiaries are, to the extent applicable,
in compliance in all material respects with Sanctions and Anti-Corruption Laws.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To
the best of the knowledge of the Responsible Officers of the Guarantor, the Guarantor is not, and no Subsidiary and no director
or senior officer of the Guarantor or any Subsidiary, is any of the following:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 2.5in">(A)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a Restricted
Party;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 2.5in">(B)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a Person
owned by 50% or more or controlled by, or acting on behalf of, any Restricted Party or Restricted Parties; or</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 2.5in">(C)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a Person
that commits, threatens or conspires to commit or support &ldquo;terrorism&rdquo; as defined in the Executive Order.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Guarantor has implemented and maintains in effect policies and procedures designed to promote and achieve continued compliance
by the Guarantor, its Subsidiaries and their respective directors, officers and employees with applicable Anti-Corruption Laws
and Sanctions.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The foregoing representations
in this <U>Section 7(t)</U> will not apply to any party hereto to which Council Regulation (EC) 2271/96 (the &ldquo;<U>Blocking
Regulation</U>&rdquo;) applies, if and to the extent that such representations are or would be unenforceable by or in respect of
that party pursuant to, or would otherwise result in a breach and/or violation of, (i) any provision of the Blocking Regulation
(or any law or regulation implementing the Blocking Regulation in any member state of the European Union) or (ii) any similar blocking
or anti-boycott law in the United Kingdom.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(u)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Financial
Institution</U>. Neither the Guarantor nor any of its Subsidiaries is an EEA Financial Institution or a UK Financial Institution.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Section 8.&#9;<U>Covenants</U>.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">8.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Affirmative
Covenants</U>. The Guarantor hereby agrees that, so long as any Commercial Paper Holder Obligations or any Investor Certificate
remains outstanding and unpaid or any other amount is owing to any Holder, the Administrative Agent, a Liquidity Bank, the Letter
of Credit Agent or any Letter of Credit Bank under the Transaction Documents:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Financial
Statements</U>. The Guarantor shall furnish to the Administrative Agent (who shall furnish a copy to each Liquidity Bank), the
Trustee and the Letter of Credit Agent (who shall furnish a copy to each Letter of Credit Bank):</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1.5in; text-align: justify; text-indent: 1in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;promptly
after each annual meeting of the Guarantor, but in any event within one hundred and twenty (120) days after the end of each fiscal
year of the Guarantor, a copy of the audited consolidated balance sheet of the Guarantor and its consolidated Subsidiaries at the
end of such year and related audited consolidated statements of income and retained earnings and of cash flows for such year, setting
forth in each case in comparative form the figures for the previous year, certified by independent public accountants reasonably
acceptable to the Administrative Agent and the Letter of Credit Agent;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1.5in; text-align: justify; text-indent: 1in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;as
soon as available, but in any event not later than sixty (60) days after the end of each of the first three quarters of each fiscal
year of the Guarantor, the unaudited consolidated balance sheet of the Guarantor as at the end of such quarter and the related
unaudited consolidated statement of income for such quarter and the portion of the fiscal year through the end of such quarter,
setting forth in each case in comparative form the figures for the previous year, each in the form reasonably acceptable to the
Administrative Agent and the Letter of Credit Agent, certified by the chief financial officer of the Guarantor; and</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1.5in; text-align: justify; text-indent: 1in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;such
additional financial and other information as the Trustee, the Administrative Agent or the Letter of Credit Agent may from time
to time reasonably request;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify">all such financial statements furnished
under clause (i) above to be complete and correct in all material respects and prepared in reasonable detail in accordance with
GAAP applied consistently throughout the periods reflected therein and with prior periods (except as approved by such accountants
or officer, as the case may be, and disclosed therein); <U>provided</U>, <U>however</U>, that the Guarantor shall not be required
to deliver the financial statements described under clauses (i) and (ii) above if such statements are available within the time
period required by applicable Requirements of Law on EDGAR or from other public sources.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Quarterly
Compliance Certificates</U>. The Guarantor shall, within sixty (60) days after the end of each of the first three fiscal quarters
of each fiscal year and one hundred and twenty (120) days after the end of each fiscal year, furnish to the Trustee, the Administrative
Agent and the Letter of Credit Agent its certificate signed by its chief financial officer, treasurer or controller stating that,
to the best of such officer&rsquo;s knowledge, during such period the Guarantor has observed or performed all of its covenants
and other agreements, and satisfied every condition contained in this Guaranty and the other Transaction Documents and any other
related documents to be observed, performed or satisfied by it, and that such officer has obtained no knowledge of any Early Amortization
Event or Potential Early Amortization Event except as specified in such certificate and showing in reasonable detail the calculations
evidencing compliance with the covenants in <U>subsection 8.2(a)</U>.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Conduct
of Business and Maintenance of Existence</U>. The Guarantor shall, and shall cause each of the Designated Obligors to: (i) except
as permitted by <U>subsection 8.2(b)</U>, preserve, renew and keep in full force and effect its corporate existence; and (ii) take
all reasonable action to maintain all rights, privileges and franchises necessary or desirable in the normal conduct of its business,
except where the failure to maintain the same would not have a Material Adverse Effect.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Compliance
with Laws and Contractual Obligations; Authorization</U>. The Guarantor shall, and shall cause each of its Subsidiaries to, comply
in all respects with all Requirements of Law and Contractual Obligations, except where failure to so comply would not have a Material
Adverse Effect, and the Guarantor shall obtain, comply with the terms of and do all that is necessary to maintain in full force
and effect all authorizations, approvals, licenses and consents required in or by any applicable laws and regulations to enable
it lawfully to enter into and perform its obligations under this Guaranty or to ensure the legality, validity, enforceability or
admissibility in evidence of this Guaranty and the other Transaction Documents.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Maintenance
of Property; Insurance</U>. The Guarantor shall, and shall cause each of its Subsidiaries to, keep all property useful and necessary
in its business in good working order and condition, except where failure to do so would not have a Material Adverse Effect; and
maintain with financially sound and reputable insurance companies insurance on all its property in at least such amounts and against
at least such risks as are customary for the Guarantor&rsquo;s type of business.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Inspection
of Property; Books and Records</U>. The Guarantor shall, and shall cause each of the Designated Obligors to, keep proper books
of records and account in which full, true and correct entries in conformity with GAAP and all Requirements of Law shall be made
of all dealings and transactions in relation to its business and activities; and permit representatives of the Trustee, the Administrative
Agent, each Liquidity Bank, the Letter of Credit Agent and each Letter of Credit Bank to visit and inspect any of its properties
and examine and make abstracts from any of its books and records at any time and as often as may reasonably be desired, provided
that the Trustee, the Administrative Agent, each Liquidity Bank, the Letter of Credit Agent and each Letter of Credit Bank has
given reasonable prior written notice and the Trustee, the Administrative Agent, each Liquidity Bank, the Letter of Credit Agent
and each Letter of Credit Bank has executed a confidentiality agreement reasonably satisfactory to the Guarantor.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Notices</U>.
The Guarantor shall give notice to the Trustee, the Administrative Agent and the Letter of Credit Agent promptly after becoming
aware of the same, of (i) the occurrence of any Early Amortization Event or Potential Early Amortization Event, including any steps
taken to remedy or mitigate the effect of such default; (ii) any changes in taxes, duties or other fees of Bermuda or any political
subdivision or taxing authority thereof or any change in any laws of Bermuda, in each case, that may affect any payment due under
this Guaranty or the other Transaction documents; (iii) any change in such Guarantor&rsquo;s, BLFC&rsquo;s or the Trust&rsquo;s
public or private rating by S&amp;P or Moody&rsquo;s; (iv) any development or event which has had, or which the Guarantor in its
good faith judgment believes will have, a Material Adverse Effect; and (v) any change in the information provided in the Beneficial
Ownership Certification of BAFC provided to the Administrative Agent, any Letter of Credit Bank or any Liquidity Bank that would
result in a change to the list of beneficial owners identified in parts (c) or (d) of such certification.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Pari
Passu Obligations</U>. The Guarantor shall ensure that its obligations hereunder at all times constitute direct, general obligations
of the Guarantor ranking at least <U>pari</U>&nbsp;<U>passu</U> in right of payment with all other unsecured, unsubordinated Indebtedness
(other than Indebtedness that is preferred by mandatory provisions of law) of the Guarantor.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Maintenance
of Designated Obligors</U>. The Guarantor will not and will not permit any of its Subsidiaries directly or indirectly to convey,
sell, transfer or otherwise dispose of, or grant any Person an option to acquire, in one transaction or a series of transactions
more than 50% of the voting stock of a Designated Obligor (other than BL) unless such conveyance, sale, transfer or disposition
does not cause an Early Amortization Event or Potential Early Amortization Event and either (i) such conveyance, sale, transfer
or disposition is among the Guarantor and its Subsidiaries or (ii) (A) the Guarantor or such Subsidiary uses the net proceeds of
such stock conveyance, sale, transfer or disposition to repay in full the aggregate principal and interest due and owing with respect
to all Loans outstanding as to which the Designated Obligor is the Obligor and (B) to the extent such net proceeds exceed the amounts
required to be paid pursuant to clause (A), the Guarantor or such Subsidiary either (1) reinvests or enters into a contract to
reinvest all such excess net proceeds in productive replacement fixed assets of a kind then used or usable in the business of the
Guarantor or any of its Subsidiaries or (2) uses such excess net proceeds to make payments on the Guarantor&rsquo;s or its Subsidiaries&rsquo;
other Indebtedness.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(j)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Payment
of Taxes</U>. The Guarantor shall pay, discharge or otherwise satisfy at or before maturity or before they become delinquent, as
the case may be, all taxes, assessments and similar governmental charges imposed on it, its incomes, profits or properties, except
where (i) the amount or validity thereof is currently being contested in good faith by appropriate proceedings and reserves to
the extent required by GAAP with respect thereto have been provided on the books of the Guarantor or (ii) the nonpayment of all
such taxes, assessments and charges in the aggregate would not reasonably be expected to have a Material Adverse Effect.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(k)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Environmental
Laws</U>. Unless, in the good faith judgment of the Guarantor, the failure to do so would not reasonably be expected to have a
Material Adverse Effect, the Guarantor will comply in all material respects, and cause each of its Subsidiaries to comply in all
material respects, with the requirements of all applicable Environmental Laws and will immediately pay or cause to be paid all
costs and expenses incurred in such compliance, except such costs and expenses which are being contested in good faith by appropriate
proceedings if the Guarantor or such Subsidiary, as applicable, is maintaining adequate reserves (in the good faith judgment of
the management of the Guarantor) with respect thereto in accordance with GAAP. Unless the failure to do so would not reasonably
be expected to have a Material Adverse Effect, the Guarantor shall not, nor shall it permit or suffer any of its Subsidiaries to,
generate, use, manufacture, refine, transport, treat, store, handle, dispose of, transfer, produce or process Hazardous Materials
other than in the ordinary course of business and in material compliance with all applicable Environmental Laws, and shall not,
and shall not permit or suffer any of its Subsidiaries to, cause or permit, as a result of any intentional or unintentional act
or omission on the part of the Guarantor or any Subsidiary thereof, the installation or placement of Hazardous Materials in material
violation of or actionable under any applicable Environmental Laws onto any of its property or suffer the material presence of
Hazardous Materials in violation of or actionable under any applicable Environmental Laws on any of its property without having
taken prompt steps to remedy such violation. Unless its failure to do so would not reasonably be expected to have a Material Adverse
Effect, the Guarantor shall, and shall cause each of its Subsidiaries to, promptly undertake and diligently pursue to completion
any investigation, study, sampling and testing, as well as any cleanup, removal, remedial or other action required of the Guarantor
or any Subsidiary under any applicable Environmental Laws in the event of any release of Hazardous Materials.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(l)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Amendments
to Transaction Documents</U>. The Guarantor shall not amend, supplement, waive or modify, or consent to any amendment, supplement,
waiver or modification of, any Transaction Document except in accordance with the provisions of this <U>Section&nbsp;8.1(l)</U>.
Any provision of any other Transaction Document may be amended, waived, supplemented, restated, discharged or terminated with ten
(10) Business Days&rsquo; prior written notice to the Administrative Agent, but without the consent of the Administrative Agent
or the Liquidity Banks; <U>provided</U> such amendment, waiver, supplement or restatement does not (i) render the Series 2000-1
VFC Certificate subordinate in payment to any other Series under the Trust or otherwise adversely discriminate against the Series
2000-1 VFC Certificate relative to any other Series under the Trust, (ii) reduce in any manner the amount of, or delay the timing
of, distributions which are required to be made on or in respect of the Series 2000-1 VFC Certificate, (iii) change the definition
of, the manner of calculating, or in any way the amount of, the interest of BAFC in the assets of the Trust, (iv) change the definitions
of &ldquo;Eligible Loan&rdquo;, &ldquo;Eligible Obligor&rdquo;, &ldquo;Series 2000-1 Allocated Loan Amount&rdquo;, &ldquo;Series
2000-1 Invested Amount&rdquo; or &ldquo;Series 2000-1 Target Loan Amount&rdquo; or, to the extent used in such definitions, other
defined terms used in such definitions, (v) result in a Mandatory Liquidation Event, (vi) amend <U>Section 15</U> or <U>17</U>
of this Guaranty, (vii) release the Guarantor, (viii) change any provision of this Guaranty (other than as described in clause
(vi) or (vii) above) which adversely affects the rights or interest of the Liquidity Banks under this Guaranty in any material
respect, (ix) change the ability of the Trustee to declare the Purchased Loans to be immediately due and payable or the ability
of the Administrative Agent or the Majority Liquidity Banks to directly or indirectly require the Trustee to do so, (x) increase
the Series 2000-1 Maximum Invested Amount, or (xi) effect any amendment that would cause or permit (1) the Series 2000-1 Invested
Amount to exceed the Series 2000-1 Maximum Invested Amount, (2) the Series 2000-1 Target Loan Amount to exceed the Series 2000-1
Allocated Loan Amount or (3) the Credits Outstanding to exceed the Aggregate Available Liquidity Commitment. Any amendment, waiver,
supplement or restatement of a provision of a Transaction Document (including any exhibit thereto) of the type described in (x)
clauses (i), (ii), (iii), (iv), (v), (viii), (ix), (x) or (xi) in the proviso above shall require the written consent of the Administrative
Agent acting at the direction of the Majority Liquidity Banks, (y) clause (vi) above shall require the written consent of the Administrative
Agent acting at the direction of all the Liquidity Banks, and (z) clause (vii) above shall require the written consent of all the
Secured Parties, with the exception of the Commercial Paper Holders.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(m)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>ERISA</U>.
The Guarantor shall give to the Trustee, the Administrative Agent and the Letter of Credit Agent the following notices and documents
(provided that, solely with respect to clauses (i), (ii) and (iii) below, the Guarantor shall only be obligated to provide such
notices and documents to the extent that any of the events or occurrences described in such clauses is reasonably expected to result
in a material liability):</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1.5in; text-align: justify; text-indent: 1in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>ERISA
Events</U>. Promptly and in any event within ten (10) days after the Guarantor or any of its ERISA Affiliates knows or has reason
to know that any ERISA Event has occurred, a statement of the chief financial officer of the Guarantor or such ERISA Affiliate
describing such ERISA Event and the action, if any, that the Guarantor or such ERISA Affiliate has taken and proposes to take with
respect thereto;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1.5in; text-align: justify; text-indent: 1in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Plan
Terminations</U>. Promptly and in any event within two (2) Business Days after receipt thereof by the Guarantor or any of its ERISA
Affiliates, copies of each notice from the PBGC stating its intention to terminate any Plan or to have a trustee appointed to administer
any Plan; and</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1.5in; text-align: justify; text-indent: 1in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Multiemployer
Plan Notices</U>. Promptly and in any event within five (5) Business Days after receipt thereof by the Guarantor or any of its
ERISA Affiliates from the sponsor of a Multiemployer Plan, copies of each notice concerning (A) the imposition of Withdrawal Liability
by any such Multiemployer Plan, or (B) the reorganization or termination, within the meaning of Title IV of ERISA, of any such
Multiemployer Plan or (C) the amount of liability incurred by the Guarantor or any of its ERISA Affiliates in connection with any
event described in clause (A) or (B) above.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1.5in; text-align: justify; text-indent: 1in">(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Additional
Multiemployer Plan Notices</U>. Promptly upon request, copies of (A) any documents described in Section 101(k) of ERISA that the
Guarantor or any of its ERISA Affiliates may request with respect to any Multiemployer Plan, and (B) any notices described in Section
101(l) of ERISA that the Guarantor or any of its ERISA Affiliates may request with respect to any Multiemployer Plan; provided,
that if the Guarantor or the applicable ERISA Affiliate has not requested such documents or notices from the administrator or sponsor
of the applicable Multiemployer Plan, upon the request of the Administrative Agent, which request shall not be more frequent than
once during any twelve (12) month period, the Guarantor or applicable ERISA Affiliate shall promptly make a request for such documents
or notices and shall provide copies of such documents and notices promptly and in any event within five (5) Business Days after
receipt thereof.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(n)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Sanctions
Actions or Investigations</U>. Promptly upon a Responsible Officer of the Guarantor becoming aware that the Guarantor or any of
its Subsidiaries has received formal notice that it has become the subject of any material action or investigation under any Sanctions,
the Guarantor shall, to the extent permitted by law, supply to the Administrative Agent details of any such material action or
investigation.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(o)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Anti-Corruption
and Sanctions Compliance Policies and Procedures</U>. The Guarantor will maintain in effect policies and procedures designed to
promote and achieve continued compliance by the Guarantor, its Subsidiaries and their respective directors, officers and employees
with applicable Anti-Corruption Laws and Sanctions.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">8.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Negative
Covenants</U>. The Guarantor hereby agrees that, so long as any Commercial Paper Holder Obligations or any Investor Certificate
remains outstanding and unpaid or any other amount is owing to any Holder, the Administrative Agent, any Liquidity Bank, the Letter
of Credit Agent or any Letter of Credit Bank under the Transaction Documents:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Financial
Covenants</U>. The Guarantor shall not at any time permit:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1.5in; text-align: justify; text-indent: 1in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
ratio of its Total Consolidated Current Assets to Adjusted Total Consolidated Current Liabilities, each as calculated at the end
of each fiscal quarter of the Guarantor, to be less than 1.1 to 1.0 (to be tested quarterly);</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1.5in; text-align: justify; text-indent: 1in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
ratio of its consolidated Adjusted Net Debt to consolidated Adjusted Capitalization (each as calculated at the end of each fiscal
quarter of the Guarantor) to be greater than 0.635:1.0 (to be tested quarterly); and</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1.5in; text-align: justify; text-indent: 1in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
aggregate outstanding principal balance of all Secured Indebtedness (excluding any Permitted Secured Indebtedness) incurred by
the Guarantor and its Subsidiaries to be greater than an amount equal to seven and one half percent (7.5%) of the Total Tangible
Assets of the Guarantor and its Subsidiaries, as calculated at the end of each fiscal quarter of the Guarantor and as determined
in accordance with GAAP (to be tested quarterly).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Limitation
of Fundamental Changes</U>. The Guarantor shall not enter into any transaction of merger, consolidation or amalgamation (other
than any merger or amalgamation of any Subsidiary with and into the Guarantor so long as the Guarantor shall be the surviving,
resulting or continuing company) or liquidate, wind up or dissolve itself (or suffer any liquidation or dissolution), or convey,
sell, lease, assign, transfer or otherwise dispose of, all or substantially all of its property, business or assets.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Restrictions
on Dividends or Loans by Designated Obligors</U>. The Guarantor shall not permit any Designated Obligor to enter into any agreement
restricting the payment of dividends or the making of loans by it to the Guarantor or to any other Designated Obligor, <U>except
that</U> the Guarantor may permit a Designated Obligor to be party to agreements (i) limiting the payment of dividends by such
Designated Obligor following a default or an event of default under such agreement and (ii) requiring the compliance by such Designated
Obligor with specified net worth, working capital or other similar financial tests and (iii) restricting loans to be made by such
Designated Obligor to any other Obligor or the Guarantor to such loans which accrue interest at a rate greater than or equal to
such lending Designated Obligor&rsquo;s average cost of funds as determined in good faith by the Board of Directors of such Designated
Obligor.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(d)&#9;<U>Loans</U>.&#9;Notwithstanding
any provision to the contrary set forth in the Transaction Documents (including, without limitation, clause (s) of the definition
of &ldquo;Eligible Loan&rdquo; in Annex X), the Guarantor (i) shall not permit any Seller to sell, transfer, assign or otherwise
convey any Loan to the Company under the Sale Agreement that has a maturity in excess of six (6) years and (ii) shall either cause
a Seller, the Company or the Trustee to demand repayment of all outstanding principal and accrued interest under each Loan or cause
a Seller to refinance such amounts by making a new Loan to the applicable Obligor within six (6) years from the date of such Loan.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(e)&#9;<U>Anti-Money
Laundering</U>.&#9;The Guarantor will not knowingly conduct its operations in violation of any applicable financial recordkeeping
and reporting requirements of the U.S. Bank Secrecy Act, the money laundering statutes of all jurisdictions, the rules and regulations
thereunder and any related or similar rules, regulations or guidelines issued, administered or enforced by any applicable authority
(collectively, the &ldquo;<U>Money Laundering Laws</U>&rdquo;), and no action or inquiry by or before any authority involving the
Guarantor with respect to Money Laundering Laws is pending or, to the best of the knowledge of the Responsible Officers of the
Guarantor, is threatened.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(f)&#9;<U>Sanctions
and Anti-Corruption</U>.&#9;The Guarantor will not knowingly use, or permit any of its Subsidiaries to use, any funds derived from
any activity that would violate Sanctions or any Anti-Corruption Laws to pay any of the obligations under the Transaction Documents.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">The foregoing covenants
in this <U>Section 8.2(f)</U> will not apply to any party hereto to which the Blocking Regulation applies, if and to the extent
that such covenants are or would be unenforceable by or in respect of that party pursuant to, or would otherwise result in a breach
and/or violation of, (i) any provision of the Blocking Regulation (or any law or regulation implementing the Blocking Regulation
in any member state of the European Union) or (ii) any similar blocking or anti-boycott law in the United Kingdom.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 0.5in">8.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Use
of Websites</U>.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Guarantor may satisfy its obligation to deliver any public information to the Trustee, the Administrative Agent, the Collateral
Agent and the Letter of Credit Agent by posting this information onto an electronic website designated by the Guarantor, the Administrative
Agent and the Letter of Credit Agent (the &ldquo;<U>Designated Website</U>&rdquo;) by notifying the Trustee, the Administrative
Agent, the Collateral Agent and the Letter of Credit Agent (i) of the address of the website together with any relevant password
specifications and (ii) that such information has been posted on the website; <U>provided</U>, that in any event the Guarantor
shall supply the Trustee, the Administrative Agent, the Collateral Agent and the Letter of Credit Agent with one copy in paper
form of any information which is posted onto the website.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Administrative Agent and the Letter of Credit Agent shall supply each Letter of Credit Bank and each Liquidity Bank with the address
of and any relevant password specifications for the Designated Website following designation of that website by the Guarantor and
the Administrative Agent and the Letter of Credit Agent.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Guarantor shall promptly upon becoming aware of its occurrence notify the Trustee, the Administrative Agent, the Collateral Agent
and the Letter of Credit Agent if:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1.5in; text-align: justify; text-indent: 1in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Designated Website cannot be accessed due to technical failure;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1.5in; text-align: justify; text-indent: 1in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
password specifications for the Designated Website change;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1.5in; text-align: justify; text-indent: 1in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any
new information which is required to be provided under this Guaranty is posted onto the Designated Website;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1.5in; text-align: justify; text-indent: 1in">(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any
existing information which has been provided under this Guaranty and posted onto the Designated Website is amended; or</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1.5in; text-align: justify; text-indent: 1in">(v)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Guarantor becomes aware that the Designated Website or any information posted onto the Designated Website is or has been infected
by any electronic virus or similar software.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 0.5in">If the Guarantor
notifies the Trustee, the Administrative Agent, the Collateral Agent and the Letter of Credit Agent under <U>Section 8.3(c)(i)</U>
or <U>Section 8.3(c)(v)</U> above, all information to be provided by the Guarantor under this Guaranty after the date of that notice
shall be supplied in paper form unless and until the Trustee, the Administrative Agent, the Collateral Agent and the Letter of
Credit Agent are satisfied that the circumstances giving rise to the notification are no longer continuing.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Section 9.&#9;<U>Amendments</U><I>.</I>
No amendment or waiver of any provision of this Guaranty nor consent to any departure by the Guarantor therefrom shall in any event
be effective unless such amendment or waiver shall be in writing and signed by the Guarantor, the Letter of Credit Agent (who shall
act following the receipt of the consent of the Majority Letter of Credit Banks), the Administrative Agent (who shall act following
the receipt of the consent of the Majority Liquidity Banks), the Collateral Agent and the Trustee. Such waiver or consent shall
be effective only in the specific instance and for the specific purpose for which given.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Section 10.&#9;<U>Notices,
Etc</U><I>.</I> All notices, demands, instructions and other communications required or permitted to be given to or made upon any
Person pursuant hereto shall be in writing and shall be personally delivered or sent by registered, certified or express mail,
postage prepaid, return receipt requested, by recognized overnight courier service or by facsimile transmission, and shall be deemed
to be given for purposes of this Guaranty, in the case of a notice sent by registered, certified or express mail, or by recognized
overnight courier service, on the date that such writing is actually delivered to the intended recipient thereof in accordance
with the provisions of this <U>Section 10</U>, or in the case of facsimile transmission, when received and telephonically confirmed.
Unless otherwise specified in a notice sent or delivered in accordance with the foregoing provisions of this <U>Section 10</U>,
notices, demands, instructions and other communications in writing shall be given to or made upon the subject parties at their
respective Notice Addresses (or to their respective facsimile transmission numbers) or at such other address or number as any party
may notify to the other parties in accordance with the provisions of this <U>Section 10</U>.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Section 11.&#9;<U>No
Waiver; Remedies</U><I>. </I>No failure on the part of the Letter of Credit Agent, the Administrative Agent, the Collateral Agent
or the Trustee to exercise, and no delay in exercising, any right hereunder shall operate as a waiver thereof, nor shall any single
or partial exercise of any right hereunder preclude any other or further exercise thereof or the exercise of any other right. The
remedies herein provided are cumulative and not exclusive of any remedies provided by law.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Section 12.&#9;<U>Costs
and Expenses</U><I>.</I> The Guarantor agrees to pay, and cause to be paid, on demand all costs and expenses actually incurred
by the Letter of Credit Agent, the Administrative Agent, the Collateral Agent and the Trustee in connection with the enforcement
of this Guaranty including, without limitation, the fees and out-of-pocket expenses of outside counsel to such Person with respect
thereto. The agreements of the Guarantor contained in this <U>Section 12</U> shall survive the payment of all other amounts owing
hereunder or under any of the other Guaranty Obligations.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Section 13.&#9;<U>Separability</U><I>.
</I>Should any clause, sentence, paragraph, subsection or Section of this Guaranty be judicially declared to be invalid, unenforceable
or void, such decision will not have the effect of invalidating or voiding the remainder of this Guaranty, and the parties hereto
agree that the part or parts of this Guaranty so held to be invalid, unenforceable or void will be deemed to have been stricken
herefrom and the remainder will have the same force and effectiveness as if such part or parts had never been included herein;
<U>provided</U>, <U>however</U> that the parties must receive confirmation from the Rating Agencies that the invalid, unenforceable
or void portion of the Guaranty will not affect the rating of the Commercial Paper or any Investor Certificates, as applicable.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Section 14.&#9;<U>Captions</U>.
The captions in this Guaranty have been inserted for convenience only and shall be given no substantive meaning or significance
whatever in construing the terms and provisions of this Guaranty.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Section 15.&#9;<U>Successors
and Assigns</U>. This Guaranty shall (a) be binding upon the Guarantor and its successors and assigns and (b) inure to the benefit
of and be enforceable by the Letter of Credit Agent, the Administrative Agent (for the ratable benefit of the Lenders), the Collateral
Agent and the Trustee and their respective successors, transferees and assigns; <U>provided</U>, <U>however</U>, that any assignment
by the Guarantor of its obligations hereunder shall (i) be subject to the prior written consent of all the Letter of Credit Banks
and all of the Liquidity Banks at their complete discretion, and (ii) subject to the satisfaction of clause (i) above, only be
made to a one hundred percent (100%) owned Affiliate of the Guarantor; <U>provided</U>, <U>further</U>, that if such assignment
by the Guarantor materially affects the rights of the Commercial Paper Holders or any Investor Certificateholders, then the Guarantor
must first receive confirmation from the Rating Agencies that such assignment will not affect the rating of the Commercial Paper
or any Investor Certificates, as applicable.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Section 16.&#9;<U>Limitation
by Law</U>. All rights, remedies and powers provided in this Guaranty may be exercised only to the extent that the exercise thereof
does not violate any applicable provision of law, and all the provisions of this Guaranty are intended to be subject to all applicable
mandatory provisions of law which may be controlling and to be limited to the extent necessary so that they will not render this
Guaranty invalid, unenforceable, in whole or in part, or not entitled to be recorded, registered or filed under the provisions
of any applicable law.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Section 17.&#9;<U>Substitution
of Guaranty</U>. Subject to the prior written consent of all of the Letter of Credit Banks, all the Liquidity Banks and Investor
Certificateholders representing more than 50% of the Invested Amount of each Outstanding Series (or, in the case of a Series having
more than one Class of Investor Certificates, Investor Certificateholders representing more than 50% of the Invested Amount of
each Class of such Series) at their complete discretion, the Guarantor shall, during the term of this Guaranty, be permitted at
its option to provide collateral to the Letter of Credit Agent, the Administrative Agent, the Collateral Agent and the Trustee
or another form of credit support as a substitute for its obligations under this Guaranty. The Guarantor agrees to execute whatever
security or credit support documents the Letter of Credit Agent, the Administrative Agent, the Collateral Agent and the Trustee
reasonably request in order to effectuate the provisions of this <U>Section 17</U>.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Section 18.&#9;<B><U>GOVERNING
LAW; FOREIGN PARTY PROVISIONS</U>. </B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;THIS
GUARANTY SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK (INCLUDING, WITHOUT LIMITATION,
SECTION 5-1401 OF THE GENERAL OBLIGATION LAW OF THE STATE OF NEW YORK).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Consent
to Jurisdiction</U>. The Guarantor irrevocably submits to the non-exclusive jurisdiction of any New York state or U.S. federal
court sitting in the Borough of Manhattan, The City of New York, in any action or proceeding relating to its obligations, liabilities
or any other matter arising out of or in connection with this Guaranty or the Transaction Documents. The Guarantor hereby irrevocably
agrees that all claims in respect of any such action or proceeding may be heard and determined in such New York state or U.S. federal
court. The Guarantor also hereby irrevocably waives, to the fullest extent permitted by law, any objection to venue or the defense
of an inconvenient forum to the maintenance of any such action or proceeding in any such court.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Appointment
of Agent for Service of Process</U>. The Guarantor hereby (i) irrevocably designates and appoints its Chief Financial Officer (from
time to time) at its principal executive offices at 1391 Timberlake Manor Parkway, Chesterfield, Missouri 63017 (the &ldquo;<U>Authorized
Agent</U>&rdquo;), as its agent upon which process may be served in any suit, action or proceeding related to this Guaranty and
represents and warrants that the Authorized Agent has accepted such designation and (ii) agrees that service of process upon the
Authorized Agent and written notice of said service to the Guarantor mailed or delivered by a recognized international courier
service (with proof of delivery) to its Secretary or any Assistant Secretary at its office at 1391 Timberlake Manor Parkway, Chesterfield,
Missouri 63017, shall be deemed in every respect effective service of process upon the Guarantor in any such suit or proceeding.
The Guarantor further agrees to take any and all action, including the execution and filing of any and all such documents and instruments,
as may be necessary to continue such designation and appointment of the Authorized Agent in full force and effect so long as the
Guaranty is in existence.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Waiver
of Immunities</U>. To the extent that the Guarantor or any of its properties, assets or revenues may have or may hereafter become
entitled to, or have attributed to them, any right of immunity, on the grounds of sovereignty, from any legal action, suit or proceeding,
from set-off or counterclaim, from the jurisdiction of any court, from service of process, from attachment upon or prior to judgment,
or from attachment in aid of execution of judgment, or from execution of judgment, or other legal process or proceeding for the
giving of any relief or for the enforcement of any judgment, in any jurisdiction in which proceedings may at any time be commenced,
with respect to its obligations, liabilities or any other matter under or arising out of or in connection with this Guaranty or
any Transaction Documents, the Guarantor hereby irrevocably and unconditionally, to the extent permitted by applicable law, waives
and agrees not to plead or claim any such immunity and consents to such relief and enforcement.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Taxes</U>.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Any payments by or on behalf of the Guarantor to the Administrative Agent, the Letter of Credit Agent, the Collateral Agent or
the Trustee hereunder shall be made free and clear of, and without deduction or withholding for or on account of, any Taxes; <U>provided</U>,
that if any Taxes are required to be deducted or withheld from any amounts payable to the Administrative Agent, the Letter of Credit
Agent, the Collateral Agent or the Trustee, as determined in good faith by the applicable Withholding Agent, (x) the applicable
Withholding Agent shall be entitled to make such deduction or withholding and shall timely pay the amount deducted or withheld
to the relevant Governmental Authority in accordance with applicable law and (y) if such Tax is an Indemnified Tax, then the sum
payable by the Guarantor to the Administrative Agent the Letter of Credit Agent, the Collateral Agent or the Trustee shall be increased
to the extent necessary so that after such deduction or withholding has been made (including such deductions and withholdings applicable
to additional sums payable under this Section), the Administrative Agent the Letter of Credit Agent, the Collateral Agent or the
Trustee receives an amount equal to the sum it would have received had no such withholding or deduction been made.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Whenever
any Indemnified Taxes are payable by the Guarantor, as promptly as possible thereafter the Guarantor shall send to the Administrative
Agent for its own account or for the account of the relevant Liquidity Bank, the Letter of Credit Agent for its own account or
for the account of the relevant Letter of Credit Bank, the Trustee or the Collateral Agent, as the case may be, a certified copy
of an original official receipt received by the Guarantor showing payment thereof, a copy of the tax return reporting such payment
or other evidence of such payment reasonably satisfactory to the Administrative Agent, the Letter of Credit Agent, the Trustee
or the Collateral Agent, as applicable. The Guarantor shall indemnify the Administrative Agent (for its own benefit or for the
benefit of a Liquidity Bank), the Letter of Credit Agent (for its own benefit or for the benefit of a Letter of Credit Bank), the
Trustee and the Collateral Agent, within ten (10) days after demand therefor, for the full amount of any Indemnified Taxes (including
Indemnified Taxes imposed or asserted on or attributable to amounts payable under this Section) payable or paid by the Administrative
Agent, any Liquidity Bank, the Letter of Credit Agent, any Letter of Credit Bank, the Collateral Agent or the Trustee or required
to be withheld or deducted from a payment to the Administrative Agent, any Liquidity Bank, the Letter of Credit Agent, any Letter
of Credit Bank, the Collateral Agent or the Trustee and any reasonable expenses arising therefrom or with respect thereto, whether
or not such Indemnified Taxes were correctly or legally imposed or asserted by the relevant Governmental Authority. A certificate
as to the amount of such payment or liability delivered to the Guarantor by the Administrative Agent, on its own behalf or on behalf
of a Liquidity Bank, the Letter of Credit Agent on its own behalf or on behalf of a Letter of Credit Bank, the Collateral Agent
or the Trustee, shall be conclusive absent manifest error.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
any Liquidity Bank (or participant) or Letter of Credit Bank (or participant) is entitled to an exemption from or reduction of
withholding Tax with respect to payments made hereunder, the Administrative Agent or the Letter of Credit Agent, respectively,
shall obtain from such Liquidity Bank or Letter of Credit Bank and shall deliver to the Guarantor, at the time or times prescribed
by applicable law or reasonably requested by the Guarantor, such properly completed and executed documentation prescribed by applicable
law as will permit such payments to be made without withholding or at a reduced rate, provided that such Liquidity Bank (or participant)
or Letter of Credit Bank (or participant) is legally entitled to complete, execute and deliver such documentation and in such Liquidity
Bank&rsquo;s (or participant&rsquo;s) or Letter of Credit Bank&rsquo;s (or participant&rsquo;s) reasonable judgment such completion,
execution or submission would not materially prejudice the legal or commercial position of such Liquidity Bank (or participant)
or Letter of Credit Bank (or participant).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
the Administrative Agent, any Liquidity Bank, the Letter of Credit Agent, any Letter of Credit Bank, the Collateral Agent or the
Trustee determines, in its sole good faith discretion, that it has received a refund of any Indemnified Taxes as to which the Administrative
Agent, such Liquidity Bank, the Letter of Credit Agent, such Letter of Credit Bank, the Collateral Agent or the Trustee, as applicable,
has been indemnified by the Guarantor or with respect to which the Guarantor has paid additional amounts pursuant to this <U>Section
18(e)</U>, the Administrative Agent (on its own behalf or on behalf of such Liquidity Bank), the Letter of Credit Agent (on its
own behalf or on behalf of such Letter of Credit Bank), the Collateral Agent or the Trustee, as applicable, shall pay to the Guarantor
an amount equal to such refund (but only to the extent of indemnity payments made, or additional amounts paid, by the Guarantor
under this <U>Section 18(e)</U> with respect to Indemnified Taxes giving rise to such refund), net of all out-of-pocket expenses
of the Administrative Agent, such Liquidity Bank, the Letter of Credit Agent, such Letter of Credit Bank, the Collateral Agent
or the Trustee, as applicable and without interest (other than any interest paid by the relevant Governmental Authority with respect
to such refund); provided, that the Guarantor agrees to pay, upon the request of the Administrative Agent, any Liquidity Bank,
the Letter of Credit Agent, any Letter of Credit Bank, the Collateral Agent or the Trustee, the amount paid over to the Guarantor
pursuant to this <U>Section 18(e)(iv)</U> (plus any penalties, interest or other charges imposed by the relevant Governmental Authority)
to the Administrative Agent (for its own benefit or for the benefit of such Liquidity Bank), the Letter of Credit Agent (for its
own benefit or for the benefit of such Letter of Credit Bank), the Collateral Agent or the Trustee in the event that the Administrative
Agent, such Liquidity Bank, the Letter of Credit Agent, such Letter of Credit Bank, the Collateral Agent or the Trustee, as applicable,
is required to repay such refund to such Governmental Authority. Notwithstanding anything to the contrary in this <U>Section 18(e)(iv)</U>,
in no event will the indemnified party be required to pay any amount to an indemnifying party pursuant to this <U>Section 18(e)(iv)</U>
the payment of which would place the indemnified party in a less favorable net after-tax position than the indemnified party would
have been in if the Tax subject to indemnification and giving rise to such refund had not been deducted, withheld or otherwise
imposed and the indemnification payments or additional amounts giving rise to such refund had never been paid. This <U>Section
18(e)(iv)</U> shall not be construed to require the Administrative Agent, any Liquidity Bank, the Letter of Credit Agent, any Letter
of Credit Bank, the Collateral Agent or the Trustee to make available its Tax returns (or any other information relating to its
Taxes that it deems confidential) to the Guarantor.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 1in">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Judgment
Currency</U>. The obligations of the Guarantor in respect of any sum due to the Administrative Agent, the Letter of Credit Agent,
the Collateral Agent and the Trustee hereunder or any holder of the obligations owing hereunder (the &ldquo;<U>Applicable Creditor</U>&rdquo;)
shall, notwithstanding any judgment in a currency (the &ldquo;<U>Judgment Currency</U>&rdquo;) other than the currency in which
such sum is stated to be due hereunder (the &ldquo;<U>Agreement Currency</U>&rdquo;), be discharged only to the extent that, on
the Business Day following receipt by the Applicable Creditor of any sum adjudged to be so due in the Judgment Currency, the Applicable
Creditor may in accordance with normal banking procedures in the relevant jurisdiction purchase the Agreement Currency with Judgment
Currency; if the amount of the Agreement Currency so purchased is less than the sum originally due to the Applicable Creditor in
the Agreement Currency, the Guarantor as a separate obligation and notwithstanding any such judgment, agrees to indemnify the Applicable
Creditor against such loss. The obligations of the Guarantor contained in this Section shall survive the termination of this Guaranty
and the Transaction Documents and the payment of all other amounts owing hereunder and thereunder.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Section 19.&#9;<B><U>WAIVER
OF JURY TRIAL</U>. THE GUARANTOR HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVES TRIAL BY JURY IN ANY LEGAL ACTION OR PROCEEDING
RELATING TO THIS GUARANTY, ANY OTHER TRANSACTION DOCUMENT OR FOR ANY TRANSACTIONS CONTEMPLATED BY THIS GUARANTY AND FOR ANY COUNTERCLAIM
THEREIN. THE GUARANTOR ACKNOWLEDGES THAT (A) THIS WAIVER IS A MATERIAL INDUCEMENT TO ENTER INTO THIS GUARANTY, (B) IT HAS RELIED
ON THIS WAIVER IN ENTERING INTO THIS GUARANTY AND (C) IT WILL CONTINUE TO RELY ON THIS WAIVER IN FUTURE DEALINGS RELATED TO THIS
GUARANTY. THE GUARANTOR REPRESENTS THAT IT HAS REVIEWED THIS WAIVER WITH ITS LEGAL ADVISERS AND THAT IT KNOWINGLY AND VOLUNTARILY
WAIVES ITS JURY TRIAL RIGHTS AFTER CONSULTATION WITH ITS LEGAL ADVISERS. IN THE EVENT OF ANY LEGAL PROCEEDING RELATING TO THIS
GUARANTY, ANY OTHER TRANSACTION DOCUMENT OR FOR ANY TRANSACTIONS CONTEMPLATED BY THIS GUARANTY, THIS GUARANTY MAY BE FILED AS EVIDENCE
OF THE GUARANTOR&rsquo;S WAIVER OF A TRIAL BY JURY.</B></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"><B></B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Section 20.&#9;<U>Reinstatement</U>.
This Guaranty shall be reinstated to the extent of payments made to the Guarantor as reimbursement of amounts advanced by the Guarantor
hereunder. The Guarantor agrees that this Guaranty shall continue to be effective or be reinstated, as the case may be, if at any
time any part of any payment of principal of, or interest on, the Guaranty Obligations is stayed, rescinded or must otherwise be
restored by the Letter of Credit Agent, the Administrative Agent, the Collateral Agent or the Trustee upon the bankruptcy or reorganization
of the Company, BAFC or any other Person.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Section 21.&#9;<U>JPMorgan
Chase Conflict Waiver</U>. JPMorgan Chase acts as Administrative Agent, Liquidity Bank and may provide other services or facilities
from time to time (the &ldquo;<U>JPMorgan Chase Roles</U>&rdquo;). The Guarantor and each other party hereto acknowledges and consents
to any and all JPMorgan Chase Roles, waives any objections it may have to any actual or potential conflict of interest caused by
JPMorgan Chase&rsquo;s acting as Administrative Agent or as Liquidity Bank hereunder and acting as or maintaining any of the JPMorgan
Chase Roles, and agrees that in connection with any JPMorgan Chase Role, JPMorgan Chase may take, or refrain from taking, any action
which it in its discretion deems appropriate.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Section 22.&#9;<U>Setoff</U>.
In addition to any rights now or hereafter granted under applicable law and not by way of limitation of any such rights, upon the
occurrence of a Mandatory Liquidation Event or a Series 2000-1 Early Amortization Event, each Liquidity Bank and each Letter of
Credit Bank is hereby authorized at any time or from time to time, without notice to the Guarantor or to any other Person, any
such notice being hereby expressly waived to the extent permitted by applicable law, to set off and to appropriate and apply any
and all deposits (general or special) and any other indebtedness at any time held or owing by such Liquidity Bank or such Letter
of Credit Bank, as applicable, to or for the credit or the account of the Guarantor against and on account of the obligations and
liabilities of the Guarantor to such Liquidity Bank or such Letter of Credit Bank, as applicable, under this Guaranty, including,
without limitation, all claims of any nature or description arising out of or connected with this Guaranty, irrespective of whether
or not such Liquidity Bank or such Letter of Credit Bank, as applicable, shall have made any demand hereunder and although said
obligations, liabilities or claims, or any of them, shall be contingent or unmatured.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">If any Liquidity Bank,
whether by setoff or otherwise, has payment made to it under this Guaranty upon its Liquidity Loans (other than payments received
under this Guaranty which represent payment of amounts owed pursuant to <U>Sections 4.03(c)(ii)</U>, <U>4.05</U>, <U>4.06</U> or
<U>11.04</U> of the Liquidity Agreement) in a greater proportion than that received by any other Liquidity Bank, such Liquidity
Bank agrees, promptly upon demand, to purchase a portion of the Liquidity Loans held by the other Liquidity Banks so that after
such purchase each Liquidity Bank will hold its ratable proportion of Liquidity Loans.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">[Signature Page Follows]</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">IN WITNESS WHEREOF,
the Guarantor has caused this Tenth Amended and Restated Guaranty to be duly executed by its officers thereunto duly authorized,
as of the date first written above.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 24pt; text-align: justify; text-indent: 3in">GUARANTOR:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 2.5in; text-indent: 0.5in">BUNGE LIMITED,</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 2.5in; text-indent: 0.5in">a Bermuda company</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 2in; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 2in; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 3in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 3in">By: <U>/s/ Rajat Gupta</U></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 3.25in">Name: Rajat Gupta</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 3.25in">Title: &nbsp;&nbsp;Treasurer</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 3.25in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 24pt 0 0; text-align: justify; text-indent: 3in">By: <U>/s/ Lisa Ware-Alexander</U></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 3.25in">Name: Lisa Ware-Alexander</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 3.25in">Title: &nbsp;&nbsp;Secretary</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 3.25in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 3.25in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 3.25in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 3.25in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 3.25in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 3.25in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 3.25in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 3.25in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 3.25in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 3.25in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 3.25in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 3.25in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 3.25in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 3.25in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center">[Bunge Limited Tenth A&amp;R Guaranty (2021)]</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 3.25in"></P>

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    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 3.25in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 24pt; text-align: right">Schedule I</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 24pt; text-align: center"><B><U>Material Adverse Effect</U></B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 24pt; text-align: center">None.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 24pt; text-align: right"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 24pt; text-align: right">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 24pt; text-align: right"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 24pt; text-align: right">Schedule II</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 24pt; text-align: center"><B><U>Environmental Matters</U></B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">This Schedule II to the Guaranty hereby
incorporates by reference all disclosures related to environmental matters set forth in (i) the Guarantor&rsquo;s Annual Report
on Form 10-K for the fiscal year ended December 31, 2020, which was filed by the Guarantor on February 19, 2021 and (ii) the Guarantor&rsquo;s
Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2021, which was filed by the Guarantor on May 4, 2021.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&nbsp;&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 24pt; text-align: right">Schedule III</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 24pt; text-align: center"><B><U>Defaulted Facilities</U></B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 24pt; text-align: center">None.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 24pt; text-align: right">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 24pt; text-align: right"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 24pt; text-align: right"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 24pt; text-align: right">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 24pt; text-align: right">Schedule IV</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 24pt; text-align: center"><B><U>Designated Obligors</U></B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%; padding-right: 5.4pt; padding-left: 5.4pt"><U>Name</U></TD>
    <TD STYLE="width: 3%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="width: 4%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 43%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><U>Percentage Directly or Indirectly Owned by BL</U></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">Bunge Limited</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">--</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">Bunge Global Markets Inc.</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">100%</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">Bunge N.A. Holdings, Inc.</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">100%</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">Bunge North America, Inc.</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">100%</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">Koninklijke Bunge B.V.</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">100%</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">Bunge Argentina S.A.</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">100%</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">Bunge S.A.</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">100%</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">Bunge Alimentos S.A.</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">100%</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">Bunge Fertilizantes S.A. (Brazil)</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">100%</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">Bunge International Commerce Ltd.</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">100%</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">Bunge Trade Limited (successor</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">to Bunge Fertilizantes International Limited)</P></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">100%</TD></TR>
</TABLE>
<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 24pt">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 24pt; text-align: right">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 24pt; text-align: right">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 24pt; text-align: right"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 24pt; text-align: right">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 24pt; text-align: right">Schedule V</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B><U>Material Contingent Liabilities
and Material Disposition or Acquisition of Assets</U></B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">This Schedule V to the Guaranty hereby
incorporates by reference all disclosures set forth in (i) the Guarantor&rsquo;s Annual Report on Form 10-K for the fiscal year
ended December 31, 2020, which was filed by the Guarantor on February 19, 2021 and (ii) the Guarantor&rsquo;s Quarterly Report
on Form 10-Q for the fiscal quarter ended March 31, 2021, which was filed by the Guarantor on May 4, 2021.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 24pt; text-align: right">Schedule VI</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 24pt 0.5in; text-align: center; text-indent: -0.5in"><B><U>Material
Litigation</U></B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">This Schedule VI to the Guaranty hereby
incorporates by reference all disclosures related to legal proceedings set forth in (i) the Guarantor&rsquo;s Annual Report on
Form 10-K for the fiscal year ended December 31, 2020, which was filed by the Guarantor on February 19, 2021 and (ii) the Guarantor&rsquo;s
Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2021, which was filed by the Guarantor on May 4, 2021.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 24pt">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 24pt">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 24pt">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 24pt">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; text-align: center; margin-top: 0">SVI - 1</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 24pt">&nbsp;</P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-7
<SEQUENCE>11
<FILENAME>ss373914_ex1007.htm
<DESCRIPTION>ANNEX X
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="text-align: right; margin: 0"><B><U>Exhibit 10.7</U></B></P>

<P STYLE="margin: 0; text-align: right"><B>&nbsp;</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: right">AS OF JULY 16, 2021</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><U>ANNEX X</U></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>1940 Act</U>&rdquo;
shall mean the United States Investment Company Act of 1940, as amended.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>ABR</U>&rdquo;
shall mean, for any day, a rate per annum equal to the greatest of (a) the Prime Rate in effect on such day, (b) the NYFRB Rate
in effect on such day plus &frac12; of 1% and (c) the Adjusted LIBOR Rate for a one month Interest Period on such day (or if such
day is not a Business Day, the immediately preceding Business Day) plus 1%; <U>provided</U> that for the purpose of this definition,
the Adjusted LIBOR Rate for any day shall be based on the LIBOR Screen Rate (or if the LIBOR Screen Rate is not available for such
one month Interest Period, the Interpolated Rate) at approximately 11:00 a.m. London time on such day. Any change in the ABR due
to a change in the Prime Rate, the NYFRB Rate or the Adjusted LIBOR Rate shall be effective from and including the effective date
of such change in the Prime Rate, the NYFRB Rate or the Adjusted LIBOR Rate, respectively. If the ABR is being used as an alternate
rate of interest pursuant to <U>Section 4.09</U> of the Liquidity Agreement (for the avoidance of doubt, only until the Benchmark
Replacement has been determined pursuant to <U>Section 4.09(b)</U> of the Liquidity Agreement), then the ABR shall be the greater
of clauses (a) and (b) above and shall be determined without reference to clause (c) above. For the avoidance of doubt, if the
ABR as determined pursuant to the foregoing would be less than 1.00%, such rate shall be deemed to be 1.00%.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>ABR Liquidity
Loan</U>&rdquo; means a Liquidity Loan bearing interest based on ABR in accordance with the Liquidity Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>ACH</U>&rdquo;
has the meaning assigned to such term in <U>Section 34</U> of the Depositary Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Act</U>&rdquo;
has the meaning assigned to such term in <U>Section 11.20</U> of the Liquidity Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Additional
Responsibilities</U>&rdquo; shall have the meaning assigned to such term in <U>Section 35</U> of the Depositary Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Adjusted
Capitalization</U>&rdquo; means the sum of the Guarantor&rsquo;s Consolidated Net Worth and the Guarantor&rsquo;s consolidated
Adjusted Net Debt.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Adjusted
EBITDA</U>&rdquo; shall mean the sum of the Guarantor&rsquo;s and its consolidated Subsidiaries&rsquo; earnings (or losses) for
any period, after all expenses and other proper charges, but before payment or provision for any income taxes or interest expense
for such period and before depreciation, amortization and any other non-cash charges to earnings for such period determined in
accordance with GAAP.</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Adjusted
Invested Amount</U>&rdquo; shall mean, with respect to any Outstanding Series, the definition assigned to such term in the related
Supplement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Adjusted
LIBOR Rate</U>&rdquo; shall mean, with respect to any Borrowing of LIBOR Liquidity Loans for any Interest Period, an interest rate
per annum (rounded upwards, if necessary, to the next 1/16 of 1%) equal to (a) the LIBOR Rate for such Interest Period multiplied
by (b) the Statutory Reserve Rate.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Adjusted
Net Debt</U>&rdquo; shall mean, with respect to any Person on any date of determination, (a) the aggregate principal amount of
Indebtedness of such Person on such date (including, without limitation, letter of credit obligations of such Person) <U>minus</U>
(b) the sum of all cash, time deposits, marketable securities and Liquid Inventory of such Person on such date.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Adjusted
Total Consolidated Current Liabilities</U>&rdquo; shall mean (a) the total consolidated current liabilities of the Guarantor and
its consolidated Subsidiaries determined on a consolidated basis in accordance with GAAP <U>minus</U> (b) the total letter of credit
obligations under any trade structured finance program of the Guarantor and its consolidated Subsidiaries minus (c) the total sum
of all drawings under any revolving credit facility that has a maturity, as of any test date, greater than or equal to twelve (12)
months from such test date minus (d) any drawings under a commercial paper program, including the Commercial Paper, so long as
the drawn portion thereunder is supported by undrawn commitments under a revolving credit facility, including the Liquidity Agreement
that has a maturity, as of any test date, greater than or equal to twelve (12) months from such test date.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Adjustment
Amount</U>&rdquo; shall have the meaning assigned in <U>subsection 2.05(a)</U> of the Sale Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Adjustment
Payments</U>&rdquo; shall mean payments of Transfer Deposit Amounts.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Administrative
Agent</U>&rdquo; shall mean JPMorgan Chase in its capacity as the Administrative Agent under the Liquidity Agreement, together
with any successors and permitted assigns.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Affected
Financial Institution</U>&rdquo; shall mean (i) any EEA Financial Institution or (ii) any UK Financial Institution.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Affected
Person</U>&rdquo; means a Liquidity Bank that is removed by BAFC as described in <U>subsection 4.05(d)</U> of the Liquidity Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Affiliate</U>&rdquo;
shall mean, with respect to any specified Person, any other Person which, directly or indirectly, is in control of, is controlled
by, or is under common control with, such specified Person. For purposes of this definition &ldquo;control&rdquo; of a Person means
the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of such Person,
whether through the ownership of voting securities or otherwise, and the terms &ldquo;controlling&rdquo; and &ldquo;controlled&rdquo;
have meanings correlative to the foregoing.</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Aggregate
Adjusted Invested Amount</U>&rdquo; shall mean, with respect to any date of determination, the sum of the Adjusted Invested Amounts
with respect to all Outstanding Series on such date of determination.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Aggregate
Allocated Loan Amount</U>&rdquo; shall mean, with respect to any date of determination, the sum of the Allocated Loan Amounts with
respect to all Outstanding Series on such date of determination.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Aggregate
Available Liquidity Commitment</U>&rdquo; means, as of any day, the lesser of (i) the Series 2000-1 Allocated Loan Amount and (ii)
the Aggregate Liquidity Commitment.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Aggregate
Invested Amount</U>&rdquo; shall mean, at any date of determination, the sum of the Invested Amounts with respect to all Outstanding
Series on such date of determination.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Aggregate
Liquidity Commitment</U>&rdquo; shall mean the aggregate of the Liquidity Commitments under the Liquidity Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Aggregate
Loan Amount</U>&rdquo; shall mean, with respect to any date of determination, the aggregate Principal Amount and accrued interest
(or discount) of all Eligible Loans in the Trust at the end of the Business Day immediately preceding such date.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Aggregate
Target Loan Amount</U>&rdquo; shall mean, with respect to any date of determination, the sum of the Target Loan Amounts with respect
to all Outstanding Series on such date of determination.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Allocable
Charged-Off Amount</U>&rdquo; shall have, with respect to any Series, the meaning assigned in <U>subsection 3.01(e)</U> of the
Pooling Agreement and in any Supplement for such Series.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Allocable
Recoveries Amount</U>&rdquo; shall have, with respect to any Series, the meaning assigned in <U>subsection 3.01(e)</U> of the Pooling
Agreement and in any Supplement for such Series.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Allocated
Loan Amount</U>&rdquo; shall have, with respect to any Outstanding Series, the meaning assigned in the related Supplement for such
Outstanding Series.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Amendment
Effective Date</U>&rdquo; shall mean July 16, 2021.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Amortization
Period</U>&rdquo; shall have, with respect to any Outstanding Series, the meaning assigned to such term in the related Supplement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Anti-Corruption
Laws</U>&rdquo; shall mean all laws, rules and regulations of any jurisdiction applicable to the Guarantor or any of its Subsidiaries
from time to time concerning or relating to bribery or corruption.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Applicable
L/C Percentage</U>&rdquo; shall mean the percentage set forth below based on the higher of the Applicable S&amp;P Rating and the
Applicable Moody&rsquo;s Rating:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 60%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 20%">&nbsp;</TD>
    <TD STYLE="width: 45%; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"><U>Rating</U></P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt">BBB+/Baa1 or higher<BR>
        BBB/Baa2<BR>
        BBB-/Baa3 or lower</P></TD>
    <TD STYLE="width: 1%; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; font: 12pt Times New Roman, Times, Serif; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 34%; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"><U>Percentage</U></P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">10.0%<BR>
        12.5%<BR>
        15.0%</P></TD></TR>
</TABLE>
<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Applicable
Insolvency Laws</U>&rdquo; shall mean with respect to any Person, any applicable bankruptcy, insolvency or other similar United
States or foreign law now or hereafter in effect.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Applicable
Moody&rsquo;s Rating</U>&rdquo; shall mean the senior long-term unsecured debt rating that Moody&rsquo;s provides of (i) the Guarantor
or (ii) if Moody&rsquo;s does not provide such a rating of the Guarantor, then the Trust or (iii) if Moody&rsquo;s does not provide
such a rating of the Guarantor or the Trust, then BLFC.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Applicable
S&amp;P Rating</U>&rdquo; shall mean the senior long-term unsecured debt rating that S&amp;P provides of (i) the Guarantor or (ii)
if S&amp;P does not provide such a rating of the Guarantor, then the Trust or (iii) if S&amp;P does not provide such a rating of
the Guarantor or the Trust, then BLFC.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Applicants</U>&rdquo;
shall have the meaning assigned in <U>Section 5.07</U> of the Pooling Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Approved
Currency</U>&rdquo; shall mean Dollars, Euro, Sterling and Yen.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Approved
Fund</U>&rdquo; shall mean any Person (other than a natural person) that is engaged in making, purchasing, holding or investing
in bank loans and similar extensions of credit in the ordinary course of its business and that is administered or managed by (i)
a Liquidity Bank, (ii) an Affiliate of a Liquidity Bank or (iii) an entity or an Affiliate of an entity that administers or manages
a Liquidity Bank.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Approving
Person</U>&rdquo; has the meaning assigned to such term in <U>Section 2</U> of the Depositary Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Assessment
Rate</U>&rdquo; shall mean, for any date, the annual rate (rounded upwards, if necessary, to the next 1/100 of 1%) most recently
estimated by the Administrative Agent as the then current net annual assessment rate that will be employed in determining amounts
payable by the Administrative Agent to the Federal Deposit Insurance Corporation (or any successor) for insurance by such corporation
(or such successor) of time deposits made in U.S. Dollars at the Administrative Agent&rsquo;s domestic offices.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Assigned
Collateral</U>&rdquo; shall have the meaning assigned to such term in <U>subsection 3.1(a)</U> of the Security Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Authenticating
Representatives</U>&rdquo; has the meaning assigned to such term in <U>Section 2</U> of the Depositary Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Authorization
Letter</U>&rdquo; has the meaning assigned to such term in <U>Section 2</U> of the Depositary Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Authorized
Newspaper</U>&rdquo; shall mean the Wall Street Journal. If such newspaper shall cease to be published, the Servicer, the Company
(or the Servicer on behalf of the Company) or the Trustee shall substitute for it another newspaper in the United States customarily
published at least once a day for at least five (5) days in each calendar week, of general circulation.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Authorized
Officer</U>&rdquo; means any Person who is an officer of BAFC authorized to act, and to give and receive instructions and notices,
on behalf of BAFC with respect to all matters in connection with the Transaction Documents as certified by BAFC.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Authorized
Signatories</U>&rdquo; has the meaning assigned to such term in <U>Section 2</U> of the Depositary Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Available
Tenor</U>&rdquo; shall mean as of any date of determination and with respect to the then-current Benchmark, as applicable, any
tenor for such Benchmark (or component thereof)or payment period for interest calculated with reference to such Benchmark (or component
thereof), as applicable, that is or may be used for determining the length of an Interest Period for any term rate or otherwise,
for determining any frequency of making payments of interest calculated pursuant to the Liquidity Agreement as of such date and
not including, for the avoidance of doubt, any tenor for such Benchmark that is then-removed from the definition of &ldquo;Interest
Period&rdquo; pursuant to <U>Section 4.09(f)</U> of the Liquidity Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>BAFC</U>&rdquo;
means Bunge Asset Funding Corp., a Delaware corporation, and its successors and permitted assigns.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&ldquo;<U>Bail-In Action</U>&rdquo;
shall mean the exercise of any Write-Down and Conversion Powers by the applicable Resolution Authority in respect of any liability
of an Affected Financial Institution.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&ldquo;<U>Bail-In Legislation</U>&rdquo;
shall mean (a) 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, regulation, rule or requirement for such EEA Member Country from
time to time which is described in the EU Bail-In Legislation Schedule and (b) with respect to the United Kingdom, Part I of the
United Kingdom Banking Act 2009 (as amended from time to time) and any other law, regulation or rule applicable in the United Kingdom
relating to the resolution of unsound or failing banks, investment firms or other financial institutions or their affiliates (other
than through liquidation, administration or other insolvency proceedings).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Bankruptcy
Code</U>&rdquo; shall mean the United States Federal Bankruptcy Code, 11 U.S.C. &sect;&sect; 101-1330, as amended.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Basel III</U>&rdquo;
shall mean (a) the agreements on capital requirements, a leverage ratio and liquidity standards contained in &ldquo;Basel III:
A global regulatory framework for more resilient banks and banking systems&rdquo;, &ldquo;Basel III: International framework for
liquidity risk measurement, standards and monitoring&rdquo; and &ldquo;Guidance for national authorities operating the countercyclical
capital buffer&rdquo; published by the Basel Committee on Banking Supervision in December 2010; (b) the rules for global systemically
important banks contained in &ldquo;Global systemically important banks: assessment methodology and the additional loss absorbency
requirements-rules text&rdquo; published by the Basil Committee on Banking Supervision in November 2011, as amended, supplemented
or restated; and (c) any further guidance or standards published by the Basel Committee on Banking Supervision relating to &ldquo;Basel
III&rdquo;.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Benchmark</U>&rdquo;
shall mean initially, the LIBOR Rate; <U>provided</U>, <U>however</U>, that if a Benchmark Transition Event, a Term SOFR Transition
Event, an Early Opt-in Election or an Other Benchmark Rate Election, as applicable, and its related Benchmark Replacement Date
has occurred with respect to the LIBOR Rate or the then-current Benchmark, then &ldquo;Benchmark&rdquo; shall mean the applicable
Benchmark Replacement to the extent that such Benchmark Replacement has replaced such prior benchmark rate pursuant to <U>Section
4.09(b)</U> of the Liquidity Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Benchmark
Replacement</U>&rdquo; shall mean for any Available Tenor, the first alternative set forth in the order below that can be determined
by the Administrative Agent for the applicable Benchmark Replacement Date; <U>provided</U> that, in the case of an Other Benchmark
Rate Election, the &ldquo;Benchmark Replacement&rdquo; shall mean the alternative set forth in (3) below:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(1) the sum of: (a)
Term SOFR and (b) the related Benchmark Replacement Adjustment;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(2) the sum of: (a)
Daily Simple SOFR and (b) the related Benchmark Replacement Adjustment; or</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(3) the sum of: (a)
the alternate benchmark rate that has been selected by the Administrative Agent and BAFC as the replacement for the then-current
Benchmark for the applicable Corresponding Tenor giving due consideration to (i) any selection or recommendation of a replacement
benchmark rate or the mechanism for determining such a rate by the Relevant Governmental Body or (ii) any evolving or then-prevailing
market convention for determining a benchmark rate as a replacement for the then-current Benchmark for Dollar-denominated syndicated
credit facilities at such time and (b) the related Benchmark Replacement Adjustment;</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"><U>provided </U>that, in the case of
clause (1), such Unadjusted Benchmark Replacement is displayed on a screen or other information service that publishes such rate
from time to time as selected by the Administrative Agent in its reasonable discretion; <U>provided</U>&nbsp;<U>further</U> that,
in the case of clause (3), when such clause is used to determine the Benchmark Replacement in connection with the occurrence of
an Other Benchmark Rate Election, the alternate benchmark rate selected by the Administrative Agent and BAFC shall be the term
benchmark rate that is used in lieu of a LIBOR-based rate in the relevant other syndicated credit facilities; <U>provided further
</U>that, notwithstanding anything to the contrary in the Liquidity Agreement or in any other Loan Document, upon the occurrence
of a Term SOFR Transition Event, and the delivery of a Term SOFR Notice,&nbsp;on the applicable Benchmark Replacement Date the
&ldquo;Benchmark Replacement&rdquo; shall revert to and shall be deemed to be the sum of (a) Term SOFR and (b) the related Benchmark
Replacement Adjustment, as set forth in clause (1) of this definition (subject to the first proviso above).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">If the Benchmark Replacement
as determined pursuant to clause (1), (2) or (3) above would be less than the Floor, the Benchmark Replacement will be deemed to
be the Floor for the purposes of the Liquidity Agreement and the Liquidity Loan Notes.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Benchmark
Replacement Adjustment</U>&rdquo; shall mean with respect to any replacement of the then-current Benchmark with an Unadjusted Benchmark
Replacement for any applicable Interest Period and Available Tenor for any setting of such Unadjusted Benchmark Replacement:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(1)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;for
purposes of clauses (1) and (2) of the definition of &ldquo;Benchmark Replacement,&rdquo; the first alternative set forth in the
order below that can be determined by the Administrative Agent:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
spread adjustment, or method for calculating or determining such spread adjustment, (which may be a positive or negative value
or zero) as of the Reference Time such Benchmark Replacement is first set for such Interest Period that has been selected or recommended
by the Relevant Governmental Body for the replacement of such Benchmark with the applicable Unadjusted Benchmark Replacement for
the applicable Corresponding Tenor; or</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
spread adjustment (which may be a positive or negative value or zero) as of the Reference Time such Benchmark Replacement is first
set for such Interest Period that would apply to the fallback rate for a derivative transaction referencing the ISDA Definitions
to be effective upon an index cessation event with respect to such Benchmark for the applicable Corresponding Tenor; and</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(2) for purposes of
clause (3) of the definition of &ldquo;Benchmark Replacement,&rdquo; the spread adjustment, or method for calculating or determining
such spread adjustment, (which may be a positive or negative value or zero) that has been selected by the Administrative Agent
and BAFC for the applicable Corresponding Tenor giving due consideration to (i) any selection or recommendation of a spread adjustment,
or method for calculating or determining such spread adjustment, for the replacement of such Benchmark with the applicable Unadjusted
Benchmark Replacement by the Relevant Governmental Body on the applicable Benchmark Replacement Date and/or (ii) any evolving or
then-prevailing market convention for determining a spread adjustment, or method for calculating or determining such spread adjustment,
for the replacement of such Benchmark with the applicable Unadjusted Benchmark Replacement for Dollar-denominated syndicated credit
facilities; <U>provided</U> that, in the case of clause (1) above, such adjustment is displayed on a screen or other information
service that publishes such Benchmark Replacement Adjustment from time to time as selected by the Administrative Agent in its reasonable
discretion.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Benchmark
Replacement Conforming Changes</U>&rdquo; shall mean with respect to any Benchmark Replacement, any technical, administrative or
operational changes (including changes to the definition of &ldquo;ABR,&rdquo; the definition of &ldquo;Business Day,&rdquo; the
definition of &ldquo;Interest Period,&rdquo; timing and frequency of determining rates and making payments of interest, timing
of borrowing requests or prepayment, conversion or continuation notices, length of lookback periods, the applicability of breakage
provisions, and other technical, administrative or operational matters) that the Administrative Agent decides may be appropriate
to reflect the adoption and implementation of such Benchmark Replacement and to permit the administration thereof by the Administrative
Agent in a manner substantially consistent with market practice (or, if the Administrative Agent decides that adoption of any portion
of such market practice is not administratively feasible or if the Administrative Agent determines that no market practice for
the administration of such Benchmark Replacement exists, in such other manner of administration as the Administrative Agent decides
is reasonably necessary in connection with the administration of the Liquidity Agreement and the Liquidity Loan Notes).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Benchmark
Replacement Date</U>&rdquo; shall mean, with respect to any Benchmark, the earliest to occur of the following events with respect
to such then-current Benchmark:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(1) in the case of
clause (1) or (2) of the definition of &ldquo;Benchmark Transition Event,&rdquo; the later of (a) the date of the public statement
or publication of information referenced therein and (b) the date on which the administrator of such Benchmark (or the published
component used in the calculation thereof) permanently or indefinitely ceases to provide all Available Tenors of such Benchmark
(or such component thereof);</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(2) in the case of
clause (3) of the definition of &ldquo;Benchmark Transition Event,&rdquo; the first date on which such Benchmark (or the published
component used in the calculation thereof) has been determined and announced by the regulatory supervisor for the administrator
of such Benchmark (or such component thereof) to be no longer representative; <U>provided</U>, that such non-representativeness
will be determined by reference to the most recent of the public statement or publication of information referenced therein in
such clause (3) and even if any Available Tenor of such Benchmark (or such component thereof) continues to be provided on such
date;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(3) in the case of
a Term SOFR Transition Event, the Term SOFR Transition Event Effective Date; or</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(4) in the case of
an Early Opt-in Election or an Other Benchmark Rate Election, the sixth (6th) Business Day after the date notice of such Early
Opt-in Election or Other Benchmark Rate Election, as applicable, is provided to the Liquidity Banks, so long as the Administrative
Agent has not received, by 5:00 p.m. (New York City time) on the fifth (5th) Business Day after the date notice of such Early Opt-in
Election or Other Benchmark Rate Election, as applicable, is provided to the Liquidity Banks, written notice of objection to such
Early Opt-in Election or Other Benchmark Rate Election, as applicable, from Liquidity Banks comprising the Majority Liquidity Banks.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">For the avoidance
of doubt, (i) if the event giving rise to the Benchmark Replacement Date occurs on the same day as, but earlier than, the Reference
Time in respect of any determination, the Benchmark Replacement Date will be deemed to have occurred prior to the Reference Time
for such determination and (ii) the &ldquo;Benchmark Replacement Date&rdquo; will be deemed to have occurred in the case of clause
(1) or (2) with respect to any Benchmark upon the occurrence of the applicable event or events set forth therein with respect to
all then-current Available Tenors of such Benchmark (or the published component used in the calculation thereof).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Benchmark
Transition Event</U>&rdquo; shall mean, with respect to any Benchmark, the occurrence of one or more of the following events with
respect to such then-current Benchmark:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(1) a public statement
or publication of information by or on behalf of the administrator of such Benchmark (or the published component used in the calculation
thereof) announcing that such administrator has ceased or will cease to provide all Available Tenors of such Benchmark (or such
component thereof), permanently or indefinitely, <U>provided</U> that, at the time of such statement or publication, there is no
successor administrator that will continue to provide any Available Tenor of such Benchmark (or such component thereof);</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(2) a public statement
or publication of information by the regulatory supervisor for the administrator of such Benchmark (or the published component
used in the calculation thereof), the Board of Governors of the Federal Reserve System, the Federal Reserve Bank of New York, an
insolvency official with jurisdiction over the administrator for such Benchmark (or such component), a resolution authority with
jurisdiction over the administrator for such Benchmark (or such component) or a court or an entity with similar insolvency or resolution
authority over the administrator for such Benchmark (or such component), in each case, which states that the administrator of such
Benchmark (or such component) has ceased or will cease to provide all Available Tenors of such Benchmark (or such component thereof)
permanently or indefinitely, provided that, at the time of such statement or publication, there is no successor administrator that
will continue to provide any Available Tenor of such Benchmark (or such component thereof); or</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(3) a public statement
or publication of information by the regulatory supervisor for the administrator of such Benchmark (or the published component
used in the calculation thereof) announcing that all Available Tenors of such Benchmark (or such component thereof) are no longer,
or as of a specified future date will no longer be, representative.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">For the avoidance
of doubt, a &ldquo;Benchmark Transition Event&rdquo; will be deemed to have occurred with respect to any Benchmark if a public
statement or publication of information set forth above has occurred with respect to each then-current Available Tenor of such
Benchmark (or the published component used in the calculation thereof).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Benchmark
Unavailability Period</U>&rdquo; shall mean, with respect to any Benchmark, the period (if any) (x) beginning at the time that
a Benchmark Replacement Date pursuant to clauses (1) or (2) of that definition has occurred if, at such time, no Benchmark Replacement
has replaced such then-current Benchmark for all purposes under the Liquidity Agreement and under any Liquidity Loan Note in accordance
with <U>Section 4.09</U> of the Liquidity Agreement and (y) ending at the time that a Benchmark Replacement has replaced the then-current
Benchmark for all purposes Liquidity Agreement and under any Liquidity Loan Note in accordance with <U>Section 4.09</U> of the
Liquidity Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Beneficial
Ownership Certification</U>&rdquo; shall mean a certification regarding beneficial ownership or control as required by the Beneficial
Ownership Regulation.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Beneficial
Ownership Regulation</U>&rdquo; shall mean 31 C.F.R. &sect; 1010.230.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Benefit
Plan</U>&rdquo; shall mean any of (a) an &ldquo;employee benefit plan&rdquo; (as defined in Section 3(3) of ERISA) that is subject
to Title I of ERISA, (b) a &ldquo;plan&rdquo; as defined in Section 4975 of the Code to which Section 4975 of the Code applies,
and (c) any Person whose assets &ldquo;include (for purposes of the Plan Asset Regulations or otherwise for purposes of Title I
of ERISA or Section 4975 of the Code) the assets of any such &ldquo;employee benefit plan&rdquo; or &ldquo;plan&rdquo;.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>BFE</U>&rdquo;
shall mean Bunge Finance Europe B.V., a company organized under the laws of the Netherlands, and its successors and permitted assigns.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>BFE Account</U>&rdquo;
shall mean any account established by or for BFE, other than the Series 2003-1 Collection Subaccount (or any sub-subaccount thereof),
for the purpose of depositing funds borrowed by BFE, any amounts paid pursuant to the Series 2003-1 VFC Certificate and all amounts
received with respect to Hedge Agreements.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>BL</U>&rdquo;
shall mean Bunge Limited, a company organized under the laws of Bermuda, and its successors and permitted assigns.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>BLFC</U>&rdquo;
shall mean Bunge Limited Finance Corp., a Delaware corporation, and its successors and permitted assigns.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>BLFC Account</U>&rdquo;
shall mean any account establish by or for BLFC, other than the Series 2002-1 Collection Subaccount (or any sub-subaccount thereof),
for the purpose of depositing funds borrowed by BLFC, any amounts paid pursuant to the Series 2002-1 VFC Certificate and all amounts
received with respect to Hedge Agreements.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Blocking
Regulation</U>&rdquo; has the meaning ascribed to such term in <U>Section 9.13</U> of the Liquidity Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><B>&ldquo;</B><U>Board
of Directors</U><B>&rdquo;</B> means, with respect to any Person, the board of directors of such Person or any duly authorized
committee thereof.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>BOA System</U>&rdquo;
shall mean the Depositary&rsquo;s &ldquo;Bank of America, N.A. Money Market Issuance&rdquo; service, as described in <U>Exhibit
D</U> to the Depositary Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>BONY</U>&rdquo;
shall mean The Bank of New York Mellon, a New York bank, and its successors and assigns.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Book-Entry
CP Note</U>&rdquo; shall mean Commercial Paper, the ownership and transfer of which may be made through book entries by DTC as
described in the Depositary Agreement. The aggregate of all Book-Entry CP Notes shall be evidenced by the Master Note.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Book-Entry
Certificates</U>&rdquo; shall mean Certificates evidencing a beneficial interest in the Investor Certificates, ownership and transfers
of which shall be made through book entries by a Clearing Agency as described in <U>Section 5.11</U> of the Pooling Agreement;
<U>provided</U>, <U>however</U>, that after the occurrence of a condition whereupon book-entry registration and transfer are no
longer permitted and Definitive Certificates are issued to the Certificate Book-Entry Holders, such Investor Certificates shall
no longer be &ldquo;Book-Entry Certificates&rdquo;.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Borrowing</U>&rdquo;
means the incurrence of a Liquidity Loan on a given date from the Liquidity Banks pursuant to <U>Section 3.01</U> of the Liquidity
Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Bunge Finance</U>&rdquo;
shall mean Bunge Finance Limited, a company organized under the laws of Bermuda, and its successors and permitted assigns.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Bunge Finance
North America</U>&rdquo; shall mean Bunge Finance North America, Inc., a Delaware corporation, and its successors and permitted
assigns.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Business
Day</U>&rdquo; shall mean any day other than (i) a Saturday or a Sunday or (ii) another day on which commercial banking institutions
or trust companies in the State of New York or in the city where the Corporate Trust Office is located, are authorized or obligated
by law, executive order or governmental decree to be closed; <U>provided</U> that, when used in connection with the calculation
of Certificate Rates which are determined by reference to the LIBOR Rate, &ldquo;Business Day&rdquo; shall mean any Business Day
banks are open for dealings in dollar deposits in the London interbank market.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Business
Day Received</U>&rdquo; shall mean, except as otherwise set forth in the applicable Supplement, (i) with respect to funds deposited
in the Collection Account (a) if funds are deposited in the Collection Account by 12:00 (Noon), New York City time, such day of
deposit and (b) if funds are deposited in the Collection Account after 12:00 (Noon), New York City time, the Business Day immediately
following such day of deposit and (ii) with respect to funds deposited in any Lock-Box Account, such day of deposit.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Capital
Stock</U>&rdquo; means, with respect to any Person, any and all shares, interests, rights to purchase, warrants, options (whether
or not currently exercisable), participations or other equivalents of or interests in (however designated) the equity (which includes,
but is not limited to, common stock or shares, preferred stock or shares and partnership and joint venture interests) of such Person
(excluding any debt securities convertible into, or exchangeable for, such equity).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Cash Collateral
Account</U>&rdquo; shall have the meaning assigned to such term in <U>subsection 5.1(a)</U> of the Security Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Certificate</U>&rdquo;
shall mean any certificate issued pursuant to a Supplement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Certificate
Book-Entry Holder</U>&rdquo; shall mean, with respect to a Book-Entry Certificate, the Person who is listed on the books of the
Clearing Agency, or on the books of a Person maintaining an account with such Clearing Agency, as the beneficial owner of such
Book-Entry Certificate (directly or as an indirect participant, in accordance with the rules of such Clearing Agency).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Certificate
Rate</U>&rdquo; shall mean with respect to any Series and Class of Investor Certificates, the percentage interest rate (or formula
on the basis of which such interest rate shall be determined) stated in the applicable Supplement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Certificate
Register</U>&rdquo; shall mean the register maintained pursuant to <U>subsection 5.03(a)</U> of the Pooling Agreement providing
for the registration of the Investor Certificates and transfers and exchanges thereof.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Change in
Law</U>&rdquo; has the meaning assigned to such term in <U>Section 4.05(a)</U> of the Liquidity Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Change of
Control</U>&rdquo; means the occurrence of any of the following:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(1)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Guarantor becomes aware (by way of a report or any other filing pursuant to Section 13(d) of the Exchange Act, proxy, vote, written
notice or otherwise) of the acquisition by any Person or group (within the meaning of Section 13(d)(3) or Section 14(d)(2) of the
Exchange Act, or any successor provision), including any group acting for the purpose of acquiring, holding or disposing of securities
(within the meaning of Rule 13d-5(b)(1) under the Exchange Act), in a single transaction or in a related series of transactions,
by way of merger, consolidation or other business combination, of 50% or more of the total voting power of the Voting Stock of
the Guarantor then outstanding;</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(2)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
sale, lease or transfer, in one or a series of related transactions, of all or substantially all of the assets of the Guarantor
and its Subsidiaries, taken as a whole, to any Person that is not a Subsidiary of the Guarantor; or</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(3)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
first day on which a majority of the members of the Guarantor&rsquo;s Board of Directors are not Continuing Directors.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>CHIPS</U>&rdquo;
has the meaning assigned to such term in <U>Section 34(a)</U> of the Depositary Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Citigroup</U>&rdquo;
shall mean Citigroup Global Markets Inc., and its successors and assigns.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Class</U>&rdquo;
shall mean, with respect to any Series, any one of the classes of Investor Certificates of that Series as specified in the related
Supplement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Clean-Up
Call Repurchase Price</U>&rdquo; shall have the meaning assigned in <U>subsection 9.02(a)</U> of the Pooling Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Clearing
Agency</U>&rdquo; shall mean each organization registered as a &ldquo;clearing agency&rdquo; pursuant to Section 17A of the Securities
Exchange Act of 1934.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Clearing
Agency Participant</U>&rdquo; shall mean a broker, dealer, bank, other financial institution or other Person for whom from time
to time a Clearing Agency effects book-entry transfers and pledges of securities deposited with such Clearing Agency.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>CoBank</U>&rdquo;
shall mean CoBank, ACB, and it successors and assigns.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Code</U>&rdquo;
shall mean the United States Internal Revenue Code of 1986, as amended from time to time, and the rules and regulations promulgated
thereunder from time to time.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Collateral
Accounts</U>&rdquo; shall have the meaning assigned to such term in <U>subsection 3.1(a)(vi)</U> of the Security Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Collateral
Agent</U>&rdquo; means The Bank of New York Mellon, in its capacity as Collateral Agent under the Security Agreement, together
with any successors and assigns.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Collateral
Agent Expenses</U>&rdquo; means all Fees, Costs and Expenses of the Collateral Agent payable under the Security Agreement and,
such fees as from time to time may be agreed to by BAFC, the Collateral Agent, the Administrative Agent and the Letter of Credit
Agent.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Collateral
Agent Fee</U>&rdquo; shall have the meaning assigned to such term in <U>Section 7.7</U> of the Security Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Collection
Account</U>&rdquo; shall have the meaning assigned in <U>subsection 3.01(a)</U> of the Pooling Agreement, and shall include, without
limitation, all subaccounts thereof.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Collections</U>&rdquo;
shall mean all collections and all amounts received in respect of the Purchased Loans transferred to the Trust, including Recoveries,
Adjustment Payments, indemnification payments made by the Servicer, a Seller or the Company, together with all collections received
in respect of the Related Property in the form of cash, checks, wire transfers or any other form of cash payment, and all proceeds
of Purchased Loans and collections thereof (including, without limitation, collections evidenced by an account, note, instrument,
letter of credit, security, contract, security agreement, chattel paper, general intangible or other evidence of indebtedness or
security, whatever is received upon the sale, exchange, collection or other disposition of, or any indemnity, warranty or guaranty
payable in respect of, the foregoing and all &ldquo;proceeds&rdquo; of the Purchased Loans as defined in Section 9-102(a)(64) of
the UCC as in effect in the State of New York).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Commercial
Paper</U>&rdquo; means the commercial paper issued or to be issued by BAFC, in the form of Exhibit A to the Depositary Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Commercial
Paper Holder Obligations</U>&rdquo; means all indebtedness, obligations and liabilities, whether absolute, fixed or contingent,
at any time owing by BAFC, to the holders of the outstanding Commercial Paper.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Commercial
Paper Account</U>&rdquo; shall mean the commercial paper account established pursuant to <U>Section 3(a)</U> of the Depositary
Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Commercial
Paper Deficit</U>&rdquo; has the meaning ascribed to such term in <U>subsection 3.01(a)</U> of the Liquidity Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Commercial
Paper Holders</U>&rdquo; shall mean the holders of the Commercial Paper of the Issuer to be offered in the commercial paper markets.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Commercial
Paper Program Documents</U>&rdquo; shall mean, collectively, the Commercial Paper, the Liquidity Agreement, the Letter of Credit
Reimbursement Agreement, the Security Agreement, the Depositary Agreement, the Placement Agency Agreement, and each other agreement
or instrument issued or entered into in connection with any of the foregoing documents.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Commitment
Fee</U>&rdquo; shall have the meaning assigned in <U>subsection 4.01(a)</U> of the Liquidity Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Company</U>&rdquo;
shall mean Bunge Funding, Inc., a Delaware corporation, and its successors and permitted assigns.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Company
Collection Subaccount</U>&rdquo; shall have the meaning assigned in <U>subsection 3.01(a)</U> of the Pooling Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Company
Exchange</U>&rdquo; shall have the meaning assigned in <U>subsection 5.10(a)</U> of the Pooling Agreement.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Company
Obligations</U>&rdquo; shall mean all obligations owed by the Company for commissions, fees, expenses, indemnifications, principal
(including but not limited to the Aggregate Invested Amount) or interest (including the interest and other claims accruing on or
after the occurrence of an Insolvency Event, relating to the Company, whether or not a claim for post-filing or post-petition interest
is allowed in such proceeding), and all other obligations and liabilities of every nature of the Company, from time to time owed
to the Trustee, the Letter of Credit Agent, the Letter of Credit Banks, the Administrative Agent, the Liquidity Banks and the Investor
Certificateholders, whether direct or indirect, absolute or contingent, due or to become due, or now existing or thereafter incurred,
whether on account of commissions, principal, accrued and unpaid interest, incurred fees, indemnities, out-of-pocket costs or expenses
(including, without limitation, all reasonable fees and disbursements of counsel) or otherwise which arise under any Transaction
Document.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Company
Subordinated Obligations</U>&rdquo; shall mean any Company Obligation or other liability designated as such in any Pooling and
Servicing Agreement, each of which payment obligations and other liabilities shall (i) be subordinated and subject to the prior
payment in full of all Company Unsubordinated Obligations then due, (ii) be made solely from funds available to the Company that
are not required to be applied to Company Unsubordinated Obligations then due and (iii) not constitute a general recourse claim
against the Company, but only a claim against the Company to the extent of funds available to the Company after satisfying all
Company Unsubordinated Obligations then due.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Company
Unsubordinated Obligations</U>&rdquo; shall mean all Company Obligations and other liabilities of the Company under any Pooling
and Servicing Agreement that are not designated as Company Subordinated Obligations.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Connection
Income Taxes</U>&rdquo; shall mean Other Connection Taxes that are imposed on or measured by net income (however denominated) or
that are franchise Taxes or branch profits Taxes.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Consenting
Liquidity Bank</U>&rdquo; shall have the meaning assigned to such term in <U>Section 4.03(b)(iv)</U> of the Liquidity Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Consolidated
Net Worth</U>&rdquo; shall mean, the Net Worth of the Guarantor and its consolidated Subsidiaries determined on a consolidated
basis in accordance with GAAP, plus minority interests in Subsidiaries.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Continuing
Directors</U>&rdquo; means, as of any date of determination, any member of the Board of Directors of the Guarantor who (1) was
a member of such Board of Directors on the Amendment Effective Date; or (2) was nominated for election, appointed or elected to
such Board of Directors with the approval of a majority of the Continuing Directors who were members of such Board of Directors
at the time of such nomination or election (either by a specific vote or by approval of the Guarantor&rsquo;s proxy statement in
which such member was named as a nominee for election as a director).</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Contract
Rate Fees</U>&rdquo; means the Collateral Agent Expenses, fees payable to the Administrative Agent and the Liquidity Banks under
the Liquidity Agreement, and to the Letter of Credit Agent and the Letter of Credit Banks under the Letter of Credit Reimbursement
Agreement and the Letter of Credit Fee Letter, including, without limitation, the Letter of Credit Facility Fee; <U>provided</U>&nbsp;<U>however
</U>that, Contract Rate Fees shall not include reimbursement for out-of-pocket expenses except with respect to the Collateral
Agent Expenses.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Contractual
Obligation</U>&rdquo; shall mean, as to any Person, any provision of any security issued by such Person or of any agreement, instrument
or other undertaking to which such Person is a party or by which it or any of its property is bound.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Corresponding
Tenor</U>&rdquo; shall mean with respect to any Available Tenor, as applicable, either a tenor (including overnight) or an interest
payment period having approximately the same length (disregarding business day adjustment) as such Available Tenor.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Corporate
Trust Office</U>&rdquo; shall mean the principal office of the Trustee at which at any particular time its corporate trust business
shall be administered, which as of the Amendment Effective Date is: The Bank of New York Mellon, 240 Greenwich Street, Floor 7W,
New York, NY 10286, attention: Global Structured Finance.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>CP Note</U>&rdquo;
means a Book-Entry CP Note.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Credit Enhancer</U>&rdquo;
shall mean, with respect to any Series, that Person, if any, designated as such in the applicable Supplement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Credits
Outstanding</U>&rdquo; shall mean, with respect to any date of determination, the result of (i) the Face Amount of Commercial Paper
outstanding on such date <U>plus</U> (ii) the aggregate principal amount of and accrued interest on Liquidity Loans outstanding
on such date <U>minus</U> (iii) amounts on deposit in the Commercial Paper Account, the Special Payment Account, any Collateral
Account or the Series 2000-1 Collection Subaccount that are unconditionally available to repay the Face Amount of Commercial Paper
and principal and interest on Liquidity Loans (or with respect to the Series 2000-1 Collection Subaccount, unconditionally available
to repay principal and interest on the Series 2000-1 VFC Certificate which amounts are in turn unconditionally available to make
such payments on the Commercial Paper and Liquidity Loans) in accordance with the terms of the Transaction Documents (<U>provided</U>,
that any amounts on deposit in such accounts that represent amounts drawn on the Letter of Credit shall not reduce Credits Outstanding).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Daily Report</U>&rdquo;
shall mean a report prepared by the Servicer on each Business Day required pursuant to <U>Section 4.01</U> of the Servicing Agreement,
in substantially the form of Exhibit B attached to each Supplement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Daily Simple
SOFR</U>&rdquo; shall mean, for any day, SOFR, with the conventions for this rate (which may include a lookback) being established
by the Administrative Agent in accordance with the conventions for this rate selected or recommended by the Relevant Governmental
Body for determining &ldquo;Daily Simple SOFR&rdquo; for business loans; <U>provided</U>, that if the Administrative Agent decides
that any such convention is not administratively feasible for the Administrative Agent, then the Administrative Agent may establish
another convention in its reasonable discretion.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Declining
Liquidity Bank</U>&rdquo; shall have the meaning assigned to such term in <U>Section 4.03(b)(iv)</U> of the Liquidity Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Default</U>&rdquo;
means a condition or event which but for the passage of time or the giving of notice or both would constitute an Event of Default;
<U>provided</U>, <U>however</U>, that when such condition or event allows a period of time for an action or event to occur, any
such condition or event shall not constitute a Default until passage of such period of time unless it is not reasonable to believe
that such action or event will take place.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Defaulted
Loan</U>&rdquo; shall mean any Purchased Loan with respect to which the related Obligor or the Guarantor has failed to make any
payment due and owing (whether by acceleration or otherwise) under the applicable Loan Note for a period of eight (8) days or more.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Defaulting
Liquidity Bank</U>&rdquo; shall mean any Liquidity Bank that (a) has failed to fund any portion of its Liquidity Loans required
to be funded by it under the Liquidity Agreement within three (3) Business Days of the date required to be funded by it thereunder,
(b) has notified BAFC or the Administrative Agent in writing that it does not intend to comply with any of its funding obligations
under the Liquidity Agreement or has made a public statement to the effect that it does not intend to comply with its funding obligations
under the Liquidity Agreement (unless such writing or public statement indicates that such position is based on such Liquidity
Bank&rsquo;s good faith determination that a condition precedent to funding a Liquidity Loan under the Liquidity Agreement cannot
be satisfied), (c) has otherwise failed to pay over to the Administrative Agent any other amount required to be paid by it hereunder
within three (3) Business Days of the date when due, unless the subject of a good faith dispute, or (d) has become the subject
of a bankruptcy or insolvency proceeding, or has had a receiver, conservator, trustee or custodian appointed for it, or has indicated
its consent to, approval of or acquiescence in any such proceeding or appointment or has become the subject of a Bail-In Action;
<U>provided</U>, that a Liquidity Bank shall not become a &ldquo;Defaulting Liquidity Bank&rdquo; solely as a result of the acquisition
or maintenance of an ownership interest in such Liquidity Bank or Person controlling such Liquidity Bank or the exercise of control
over a Liquidity Bank or Person controlling such Liquidity Bank by a Governmental Authority or instrumentality thereof.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Definitive
Certificates</U>&rdquo; shall have the meaning assigned in <U>Section 5.11</U> of the Pooling Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Delinquent
Loan</U>&rdquo; shall mean any Purchased Loan (i) with respect to which the related Obligor or the Guarantor has failed to make
any payment due and owing (whether by acceleration or otherwise) under the applicable Loan Note for a period of at least one (1)
day but not greater than seven (7) days or (ii) as to which an Insolvency Event has occurred with respect to the related Obligor.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Depositary</U>&rdquo;
means Bank of America, N.A., in its capacity as Depositary under the Depositary Agreement, together with any successors and assigns.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Depositary
Accounts</U>&rdquo; mean, collectively the Commercial Paper Account and the Special Payment Account.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Depositary
Agreement</U>&rdquo; shall mean that certain Sixth Amended and Restated Issuing, Paying and Depositary Agreement, dated as of November
17, 2014, entered into between the Depositary and BAFC, as amended, supplemented or otherwise modified from time to time in accordance
with the Transaction Documents.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Depositary
Authorization Letter</U>&rdquo; means that certain Depositary Authorization Letter, from time to time executed by the Depositary
and delivered to BAFC pursuant to <U>Section 2</U> of the Depositary Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Depositary
Fee</U>&rdquo; has the meaning assigned to such term in <U>Section 26</U> of the Depositary Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Depositary
Termination Date</U>&rdquo; has the meaning assigned to such term in <U>Section 17(b)</U> of the Depositary Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Depository</U>&rdquo;
shall mean, with respect to any Series, the Clearing Agency designated as the &ldquo;Depository&rdquo; in the related Supplement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Depository
Agreement</U>&rdquo; shall mean, with respect to any Series an agreement among the Company, the Trustee and a Clearing Agency,
in a form reasonably satisfactory to the Trustee and the Company.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Depository
Participant</U>&rdquo; shall mean a broker, dealer, bank, other financial institution or other Person for whom from time to time
the Depository effects book-entry transfers and pledges of securities deposited with the Depository.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Designated
Persons</U>&rdquo; has the meaning assigned to such term in <U>Section 2</U> of the Depositary Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Designated
Obligors</U>&rdquo; shall mean BL and the Subsidiaries of the Guarantor set forth on Schedule I hereto (and their successors) and
any other Subsidiaries of the Guarantor designated by the Guarantor from time to time that satisfy the conditions set forth in
the definition of &ldquo;<U>Eligible Obligor</U>&rdquo; and are acceptable to the Administrative Agent. Notwithstanding the immediately
preceding sentence, with the prior written consent of the Majority Liquidity Banks and of Investor Certificateholders evidencing
more than 50% of the Invested Amount of any Series (which consent in each case shall not be unreasonably withheld), the Guarantor
may from time to time identify BL and certain Subsidiaries that shall not be classified as Designated Obligors.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Distribution
Date</U>&rdquo; shall mean, except as otherwise set forth in the applicable Supplement, the 15th day of the month, or if such 15th
day is not a Business Day, the next succeeding Business Day.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Documentation
Agent</U>&rdquo; shall mean, collectively, BNP Paribas, Co&ouml;peratieve Rabobank U.A., New York Branch, Mizuho Bank, Ltd., Sumitomo
Mitsui Banking Corporation and U.S. Bank National Association in their capacities as the Documentation Agents under the Liquidity
Agreement, together with any successors and permitted assigns.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Dollar Equivalent</U>&rdquo;
means on any date of determination, with respect to any amount denominated in a currency other than Dollars, the equivalent in
Dollars of such amount, determined by the Administrative Agent using the Rate of Exchange with respect to such currency.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Dollars</U>&rdquo;,
&ldquo;<U>U.S. Dollars</U>&rdquo; and &ldquo;<U>$</U>&rdquo; shall mean dollars in lawful currency of the United States of America.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>DTC</U>&rdquo;
means The Depository Trust Company, a limited purpose trust company organized under and pursuant to the banking laws of the State
of New York, and a &ldquo;clearing agency&rdquo; registered pursuant to <U>Section 17(a)</U> of the Securities and Exchange Act
of 1934, as amended, and the regulations of the Securities and Exchange Commission thereunder, whose principal office is located
at 55 Water Street, New York, New York 10041, until a successor Person shall have become the clearing agency and thereafter &ldquo;DTC&rdquo;
shall mean such successor Person.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Early Amortization
Event</U>&rdquo; shall have, with respect to any Series, the meaning assigned in <U>Section 7.01</U> of the Pooling Agreement (without
taking into account any Supplements) and in any Supplement for such Series.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Early Amortization
Period</U>&rdquo; shall have, with respect to any Series, the definition assigned to such term in <U>Section 7.01</U> of the Pooling
Agreement (without taking into account any Supplements) and in any Supplement for such Series.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Early Opt-in
Election</U>&rdquo; shall mean, if the then-current Benchmark is LIBOR Rate, the occurrence of:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(1)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a
notification by the Administrative Agent to (or the request by BAFC to the Administrative Agent to notify) each of the other parties
hereto that at least five currently outstanding Dollar-denominated syndicated credit facilities at such time contain (as a result
of amendment or as originally executed) a SOFR-based rate (including SOFR, a term SOFR or any other rate based upon SOFR) as a
benchmark rate (and such syndicated credit facilities are identified in such notice and are publicly available for review), and</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(2)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
joint election by the Administrative Agent and BAFC to trigger a fallback from LIBOR Rate and the provision, as applicable, by
the Administrative Agent of written notice of such election to BAFC and the Liquidity Banks.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Early Termination</U>&rdquo;
shall have the meaning assigned in Article VII of the Sale Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>ECI Holder</U>&rdquo;
shall mean any holder of an Exchangeable Company Interest, but only to the extent of such Exchangeable Company Interest.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>EDGAR</U>&rdquo;
shall mean the Electronic Data-Gathering, Analysis and Retrieval system, which performs automated collection, validation, indexing
and forwarding of submissions by Persons who are required by law to file forms with the U.S. Securities and Exchange Commission.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>EEA Financial
Institution</U>&rdquo; shall mean (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 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.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>EEA Member
Country</U>&rdquo; shall mean any of the member states of the European Union, Iceland, Liechtenstein and Norway.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>EEA Resolution
Authority</U>&rdquo; shall mean 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.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Effective
Date</U>&rdquo; shall mean August 25, 2000.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Electronic
Signature</U>&rdquo; shall mean an electronic sound, symbol, or process attached to, or associated with, a contract or other record
and adopted by a Person with the intent to sign, authenticate or accept such contract or record.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Eligible
Institution</U>&rdquo; shall mean a depositary institution or trust company (which may include the Trustee and its Affiliates)
organized under the laws of the United States of America or any one of the States thereof or the District of Columbia; <U>provided</U>,
<U>however</U>, that at all times (i) such depositary institution or trust company is a member of the Federal Deposit Insurance
Corporation, (ii) the unsecured and uncollateralized debt obligations of such depositary institution or trust company are rated
in one of the two highest long-term or short-term rating categories by each Rating Agency and (iii) such depositary institution
or trust company has a combined capital and surplus of at least $100,000,000.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Eligible
Investments</U>&rdquo; shall mean any book-entry securities, negotiable instruments or securities represented by instruments in
bearer or registered form which evidence:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;direct
obligations of, or obligations fully guaranteed as to timely payment by, the United States of America or any OECD Country;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Federal
funds, demand deposits, time deposits or certificates of deposit of any depositary institution or trust company incorporated under
the laws of the United States of America, any state thereof (or any domestic branch of a foreign bank) or any OECD Country and
subject to supervision and examination by federal, state or foreign banking or depositary institution authorities; <U>provided</U>,
<U>however</U>, that at the time of the investment or contractual commitment to invest therein the commercial paper or other short-term
unsecured debt obligations (other than such obligations the rating of which is based on the credit of a Person other than such
depository institution or trust company) thereof shall have a credit rating from each of the Rating Agencies rating such investment
in the highest investment category granted thereby;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;commercial
paper rated, at the time of the investment or contractual commitment to invest therein, in the highest rating category by each
Rating Agency rating such commercial paper;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;investments
in money market funds (including funds for which the Trustee or any of its Affiliates is investment manager or adviser) rated in
the highest rating category by each Rating Agency rating such money market fund (<U>provided</U> that, if such Rating Agency is
S&amp;P, such rating shall be AAAm);</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;bankers
acceptances issued by any depository institution or trust company referred to in clause (b) above;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;repurchase
obligations with respect to any security that is a direct obligation of, or fully guaranteed by, the United States of America,
any OECD Country or any agency or instrumentality thereof the obligations of which are backed by the full faith and credit of the
United States of America or such OECD Country, in either case entered into with a depository institution or trust company (acting
as principal) described in clause (b) above; or</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any
other investment upon satisfaction of the Rating Agency Condition with respect thereto.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Eligible
Loan</U>&rdquo; shall mean, as of any date of determination, each Loan owing by an Eligible Obligor that as of such date satisfies
the following eligibility criteria:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;it
is not a Defaulted Loan or a Delinquent Loan;</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;at
such date of determination, the Sale Agreement has not been terminated as to the related Seller;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;it
does not contravene any applicable law, rule or regulation and the applicable Seller is not in violation of any law, rule or regulation
in connection with it, in each case which in any way renders such Loan unenforceable or would otherwise impair in any material
respect the collectability of such Loan;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;it
is an &ldquo;eligible asset&rdquo; as defined in Rule 3a-7 under the 1940 Act;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;all
required consents, approvals, authorizations or notifications necessary for the creation and enforceability of such Loan and the
effective assignment and sale thereof by the applicable Seller to the Company and by the Company to the Trust shall have been obtained
or made with respect to such Loan;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
applicable Seller is not in default in any material respect under the terms of the Loan Documents related to such Loan;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;all
right, title and interest in such Loan has been validly sold by the applicable Seller to the Company pursuant to the Sale Agreement;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)
the Company or the Trust (with respect to Loans sold by the applicable Seller to the Company and thereafter by the Company to the
Trust) will either have legal and beneficial ownership therein or a first priority perfected security interest therein free and
clear of all Liens other than Permitted Liens and Trustee Liens and (ii) such Loan has been the subject of a valid transfer from
the applicable Seller to the Company (with respect to transfers under the Sale Agreement) or from the Company to the Trust (with
respect to transfers under the Pooling Agreement) or, alternatively, pursuant to the Pooling Agreement, the subject of the grant
of a first priority perfected security interest therein to the Trust free and clear of all Liens other than such Permitted Liens
and Trustee Liens;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Loan Documents related to such Loans expressly prohibit any offset, counterclaim or defense with respect to such Loan and it is
not subject to any dispute in whole or in part;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(j)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;it
is at all times the legal, valid and binding obligation of the Obligor thereon, enforceable against such Obligor in accordance
with its terms, except as enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or similar
laws affecting the enforcement of creditors rights generally and by general equitable principles (whether enforcement is sought
by proceedings in equity or law);</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(k)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;as
of the date of purchase of such Loan, neither the applicable Seller nor the Company has (i) taken any action in contravention of
the terms of any Transaction Document that would impair the rights of the Trustee or the Investor Certificateholders therein or
(ii) failed to take any action required to be taken by the terms of any Transaction Document that was necessary to avoid impairing
the rights therein of the Trustee or Investor Certificateholders with respect to such Loans;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(l)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;as
of the date of purchase of such Loan, each of the representations and warranties made in the Sale Agreement by the applicable Seller
with respect to such Loan is true and correct in all material respects;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(m)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;at
the time such Loan was sold by the applicable Seller to the Company under the Sale Agreement, no Insolvency Event had occurred
with respect to such Seller;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(n)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;it
is not subject to or is payable net of any withholding taxes of any applicable jurisdiction or political subdivision and is assignable
free and clear of any sales or other tax, impost or levy;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(o)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;either
(i) the Loan Documents related to such Loan do not expressly prohibit, or require consent to be obtained from the related Obligor
in connection with, a sale, transfer, assignment or conveyance of such Loan, or (ii) if such consent is required the related Obligor
has consented in writing in accordance with the terms of the Loan Documents and applicable laws;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(p)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;it
is denominated and payable only in an Approved Currency;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(q)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
obligations of the related Obligor under such Loan are senior to or pari passu with all other unsecured, unsubordinated Indebtedness
of such Obligor;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(r)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Loan Note related to such Loan constitutes an &ldquo;instrument&rdquo; (as defined in the UCC of the State of New York); and</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(s)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;it
is payable upon demand of the applicable Seller or its assignees and does not have a maturity in excess of twenty (20) years.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Eligible
Obligor</U>&rdquo; shall mean, as of any date of determination, each Obligor in respect of a Loan that satisfies the following
eligibility criteria:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;it
is a Designated Obligor;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;it
is not the subject of any voluntary or involuntary bankruptcy proceeding; and</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;it
has not (i) failed to pay any amounts due and owing under any of its other Indebtedness or (ii) failed to observe or perform any
covenant or agreement contained in any document related to any of its other Indebtedness to the extent such default caused or permitted
an acceleration of such Indebtedness in an amount in excess of $5,000,000 in the aggregate.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Eligible
Successor Servicer</U>&rdquo; shall mean a Person which, at the time of its appointment as Servicer (i) is legally qualified and
has the corporate power and authority to service the Purchased Loans transferred to the Trust, (ii) has demonstrated the ability
to service a portfolio of similar Loans in accordance with high standards of skill and care in the sole determination of the Servicer
and (iii) has a combined capital and surplus of at least $100,000,000; <U>provided</U> that no such Person shall be an Eligible
Successor Servicer if it is a direct competitor of the Guarantor or its Subsidiaries.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Enhancement</U>&rdquo;
shall mean, with respect to any Series (i) the funds on deposit in or credited to any bank account (or subaccount thereof) of the
Trust, (ii) any surety arrangement, any letter of credit, guaranteed rate agreement, maturity guaranty facility, tax protection
agreement, interest rate swap, currency swap or other contract, agreement or arrangement, in each case for the benefit of any Investor
Certificateholders of such Series, as designated in the applicable Supplement and (iii) the subordination of one Class of Investor
Certificates in a Series to another Class in such Series or the subordination of any Interest to the Investor Certificates of such
Series.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Environmental
Claims</U>&rdquo; shall mean any and all administrative, regulatory or judicial actions, suits, demands, demand letters, claims,
liens, notices of non-compliance or violation, investigations or proceedings relating in any way to any Environmental Law or any
permit issued under any such law (hereinafter &ldquo;<U>Claims</U>&rdquo;), including, without limitation, (a) any and all Claims
by governmental or regulatory authorities for enforcement, cleanup, removal, response, remedial or other actions or damages pursuant
to any applicable Environmental Law and (b) any and all Claims by any third party seeking damages, contribution, indemnification,
cost recovery, compensation or injunctive relief resulting or arising from alleged or actual injury or threat of injury to the
environment by reason of a violation of or liability arising under any Environmental Law.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Environmental
Laws</U>&rdquo; shall mean any and all Federal, state, local or foreign laws, rules, orders, regulations, statutes, ordinances,
codes, decrees, requirements of any Governmental Authority or other Requirements of Law (including common law) regulating, relating
to or imposing liability or standards of conduct concerning protection of human health or the environment, as now or may at any
time hereafter be in effect.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>ERISA</U>&rdquo;
shall mean the Employee Retirement Income Security Act of 1974, as amended.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>ERISA Affiliate</U>&rdquo;
shall mean with respect to any Person, any trade or business (whether or not incorporated) that is a member of a group of which
such Person is a member and which is treated as a single employer under Section 414 of the Code.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>ERISA Event</U>&rdquo;
means (a) (i) the occurrence of a reportable event, within the meaning of Section 4043 of ERISA, with respect to any Plan unless
the 30-day notice requirement with respect to such event has been waived by the PBGC or (ii) the requirements of Section 4043(b)
of ERISA apply with respect to a contributing sponsor, as defined in Section 4001(a)(13) of ERISA, of a Plan, and an event described
in paragraph (9), (10), (11), (12) or (13) of Section 4043(c) of ERISA is reasonably expected to occur with respect to such Plan
within the following 30 days; (b) any failure by any Plan to satisfy the minimum funding standards (within the meaning of Section
412 of the Code or Section 302 of ERISA) applicable to such Plan, whether or not waived, the filing of an application for a minimum
funding waiver with respect to a Plan, or the failure to make by its due date a required installment under Section 430(j) of the
Code with respect to any Plan or the failure by BAFC or any of its ERISA Affiliates to make any required contribution to a Multiemployer
Plan; (c) the provision by the administrator of any Plan of a notice of intent to terminate such Plan, pursuant to Section 4041(a)(2)
of ERISA (including any such notice with respect to a plan amendment referred to in Section 4041(e) of ERISA) or the incurrence
of any liability under Title IV of ERISA with respect to the termination of any Plan; (d) the cessation of operations at a facility
of the Guarantor or any of its ERISA Affiliates in the circumstances described in Section 4062(e) of ERISA; (e) the withdrawal
by the Guarantor or any of its ERISA Affiliates from a Multiple Employer Plan during a plan year for which it was a substantial
employer, as defined in Section 4001(a)(2) of ERISA; (f) the conditions for imposition of a lien under Section 303 (k) of ERISA
shall have been met with respect to any Plan; (g) the adoption of an amendment to a Plan which could result in the posting of a
bond or other security; (h) the institution by the PBGC of proceedings to terminate a Plan pursuant to Section 4042 of ERISA, or
the occurrence of any event or condition described in Section 4042 of ERISA that constitutes grounds for the termination of, or
the appointment of a trustee to administer, such Plan; (i) a determination that any Plan is, or is expected to be, in &ldquo;at
risk&rdquo; status, within the meaning of Section 430 of the Code; or (j) the receipt by the Guarantor or any of its ERISA Affiliates
of a determination that a Multiemployer Plan is in endangered or critical status, within the meaning of Section 432 of the Code
or Section 305 of ERISA.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&ldquo;<U>EU Bail-In Legislation
Schedule</U>&rdquo; shall mean EU Bail-In Legislation Schedule published by the Loan Market Association (or any successor Person),
as in effect from time to time.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Euro</U>&rdquo;
shall mean the single lawful currency introduced at the start of the third stage of the European Economic and Monetary Union pursuant
to a treaty establishing the European Union (as amended from time to time).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Event of
Default</U>&rdquo; means (a) with respect to the Letter of Credit Reimbursement Agreement, the &ldquo;Events of Default&rdquo;
specified in <U>Section 2.11</U> thereof and (b) with respect to the Liquidity Agreement, the &ldquo;Mandatory Liquidation Events&rdquo;
specified in Article VIII thereof.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Exchange
Act</U>&rdquo; shall mean the U.S. Securities Exchange Act of 1934, as amended.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Exchange
Date</U>&rdquo; shall have the meaning, with respect to any Series issued pursuant to a Company Exchange, assigned in <U>subsection
5.10(a)</U> of the Pooling Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Exchange
Notice</U>&rdquo; shall have the meaning, with respect to any Series issued pursuant to a Company Exchange, assigned in <U>subsection
5.10(a)</U> of the Pooling Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Exchange
Register</U>&rdquo; shall have the meaning assigned in <U>subsection 5.10(a)</U> of the Pooling Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Exchangeable
Company Interest</U>&rdquo; shall have the meaning assigned in <U>subsection 3.01(b)</U> of the Pooling Agreement, may be represented
by a Certificate and shall be exchangeable as provided in <U>Section 5.10</U> of the Pooling Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Excluded
Taxes</U>&rdquo; shall mean any of the following Taxes imposed on, or required to be withheld or deducted from a payment to, the
Administrative Agent, any Liquidity Bank, the Letter of Credit Agent, any Letter of Credit Bank, the Collateral Agent, the Trustee
or any other recipient of payment to be made by or on account of any obligation of BAFC hereunder: (a) Taxes imposed on or measured
by net income (however denominated), franchise Taxes, and branch profits Taxes, in each case, (i) imposed as a result of the Administrative
Agent, such Liquidity Bank, the Letter of Credit Agent, such Letter of Credit Bank, the Collateral Agent, the Trustee or other
recipient being organized under the laws of, or having its principal office or, in the case of a Liquidity Bank or a Letter of
Credit Bank, its applicable lending office located in, the jurisdiction imposing such Tax (or any political subdivision thereof)
or (ii) that are Other Connection Taxes, (b) in the case of a Liquidity Bank or a Letter of Credit Bank, U.S. federal withholding
Taxes imposed on amounts payable to or for the account of such Liquidity Bank or such Letter of Credit Bank with respect to an
applicable interest in a Liquidity Loan or a Letter of Credit pursuant to a law in effect on the date on which (i) such Liquidity
Bank or Letter of Credit Bank acquires such interest in the Liquidity Loan or Letter of Credit or (ii) such Liquidity Bank or Letter
of Credit Bank changes its lending office or location, except in each case to the extent that, pursuant to <U>Section 4.06</U>
of the Liquidity Agreement or <U>Section 2.10</U> of the Letter of Credit Reimbursement Agreement, amounts with respect to such
Taxes were payable either to such Liquidity Bank&rsquo;s or Letter of Credit Bank&rsquo;s assignor immediately before such Liquidity
Bank or Letter of Credit Bank became a party to the Liquidity Agreement or the Letter of Credit Reimbursement Agreement or to such
Liquidity Bank or Letter of Credit Bank immediately before it changed its lending office, (c) Taxes attributable to the failure
by a Liquidity Bank or Letter of Credit Bank to comply with <U>Sections 4.06(e)</U>, <U>4.06(f)</U>, <U>4.06(g)</U>, <U>4.06(h)</U>,
<U>4.06(i)</U> or <U>4.06(j)</U> of the Liquidity Agreement or <U>Section 2.10(e)</U>, <U>2.10(f</U>) or <U>2.10(g)</U>, <U>2.10(h)</U>,
<U>2.10(i)</U> or <U>2.10(j)</U> of the Letter of Credit Reimbursement Agreement, as applicable, and (d) any U.S. federal withholding
Taxes imposed under FATCA.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Executive
Order</U>&rdquo; shall mean Executive Order No. 13224 of September 23, 2001 &ndash; Blocking Property and Prohibiting Transactions
With Persons Who Commit, Threaten To Commit, or Support Terrorism.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Exiting
Bank</U>&rdquo; has the meaning assigned to such term in <U>subsection 4.03(c)(ii)</U> of the Liquidity Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Exiting
Letter of Credit Bank(s)</U>&rdquo; shall have the meaning assigned to such term in <U>subsection 2.01(d)</U> of the Letter of
Credit Reimbursement Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Exiting
Letter of Credit Bank Draw</U>&rdquo; shall have the meaning assigned to such term in <U>subsection 2.01(d)</U> of the Letter of
Credit Reimbursement Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Exiting
Loan</U>&rdquo; has the meaning assigned to such term in <U>subsection 4.03(c)(ii)</U> of the Liquidity Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Face Amount</U>&rdquo;
means, when used with respect to the Commercial Paper, the amount due at maturity of such Commercial Paper.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>FATCA</U>&rdquo;
shall mean (a) Sections 1471 through 1474 of the Code, as of the date of the Liquidity Agreement (or any amended or successor version
that is substantially comparable to and not materially more onerous to comply with), any current or future regulations or official
interpretations thereof and any agreements entered into pursuant to Section 1471(b)(1) of the Code or (b) any treaty, law or regulation
of any jurisdiction other than the United States adopted pursuant to an intergovernmental agreement between the United States and
such other jurisdiction, which facilitates the implementation of any law or regulation referred to in paragraph (a) above.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>FCA</U>&rdquo;
has the meaning assigned to such term in <U>Section 4.09(h)</U> of the Liquidity Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>FCPA</U>&rdquo;
has the meaning assigned to such term in <U>subsection 9.13(a)</U> of the Liquidity Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Federal
Funds Effective Rate</U>&rdquo; shall mean, for any day, the rate calculated by the NYFRB based on such day&rsquo;s federal funds
transactions by depositary institutions, as determined in such manner as the NYFRB shall set forth on its public website from time
to time, and published on the next succeeding Business Day by the NYFRB as the effective federal funds rate; provided that if the
Federal Funds Effective Rate as so determined would be less than zero, such rate shall be deemed to be zero.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Federal
Government Obligor</U>&rdquo; shall mean the United States Federal government or any subdivision thereof or any agency, department
or instrumentality thereof.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Federal
Reserve Board</U>&rdquo; shall mean the Board of Governors of the Federal Reserve system of the United States of America.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Fees, Costs
and Expenses</U>&rdquo; means, with respect to the relevant Person, all amounts charged for services rendered and all amounts advanced
or expended by such Person for the account of the Company or BAFC payable under any Transaction Document(s): including, without
limitation, all out-of-pocket costs and expenses (excluding expenses solely attributable to administrative overhead) at any time
and from time to time incurred by such Person in connection with the enforcement of or preservation of any right under such Transaction
Document(s) (including, without limitation, the reasonable fees and out-of-pocket expenses of counsel employed by such Person in
connection therewith); any other out-of-pocket costs and expenses payable by the Company and BAFC to such Person under or in connection
with such Transaction Document(s); and all indemnities, increased costs, capital requirements and taxes at any time and from time
to time owed to or payable by such Person under or in connection with such Transaction Document(s).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>First Extension
Liquidity Commitment Expiration Date</U>&rdquo; shall mean the date falling twelve (12) Months after the Original Liquidity Commitment
Expiration Date, or if such day is not a Business Day, the preceding Business Day.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>First Liquidity
Commitment Extension Request</U>&rdquo; has the meaning assigned to such term in <U>Section 4.03(b)(i)</U> of the Liquidity Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Floor</U>&rdquo;
shall mean the benchmark rate floor, if any, provided in the Liquidity Agreement initially (as of the execution of the Liquidity
Agreement, the modification, amendment or renewal of the Liquidity Agreement or otherwise) with respect to LIBOR Rate.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Force Majeure
Delay</U>&rdquo; shall mean, with respect to the Servicer, any cause or event which is beyond the control and not due to the negligence
of the Servicer which delays, prevents or prohibits the Servicer&rsquo;s delivery of Daily Reports and/or Monthly Settlement Statements,
including, without limitation, acts of God, or the elements and fire, but shall not include strikes; <U>provided</U> that no such
cause or event shall be deemed to be a Force Majeure Delay unless the Servicer shall have given the Company, the Trustee, the Letter
of Credit Agent (if applicable) and the Administrative Agent (if applicable) written notice thereof as soon as reasonably possible
after the beginning of such delay.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Fractional
Undivided Interest</U>&rdquo; shall mean a fractional undivided interest, which, with respect to any Investor Certificate, can
be expressed as a percentage of the interest in the Trust Assets represented by the Series or Class in which it was issued by taking
the percentage equivalent of a fraction the numerator of which is the principal amount of such Investor Certificate and the denominator
of which is the aggregate principal amount of all Investor Certificates of such Series or Class.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>GAAP</U>&rdquo;
shall mean generally accepted accounting principles in the United States as in effect from time to time.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>General
Opinion</U>&rdquo; shall mean, with respect to any action, an Opinion of Counsel to the effect that (i) such action has been duly
authorized by all necessary corporate action on the part of the Servicer, the Company, a Seller or BAFC, as the case may be, (ii)
any agreement executed in connection with such action constitutes a legal, valid and binding obligation of the Servicer, the Company,
a Seller or BAFC, as the case may be, enforceable in accordance with the terms thereof, except as enforceability may be limited
by applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws now or hereinafter in effect, affecting
the enforcement of creditors&rsquo; rights and except as such enforceability may be limited by general principles of equity (whether
considered in a proceeding at law or in equity), (iii) such action does not violate any Requirement of Law or require any consent
or filing thereunder, (iv) such action does not result in a breach of, or default under any contractual obligation, or creation
of any Lien, pursuant thereto and (v) any condition precedent to any such action specified in the applicable agreement, if any,
has been complied with, which opinion in the case of clauses (iv) or (v) may, to the extent that such opinion concerns questions
of fact, rely on a Responsible Officer&rsquo;s certificate with respect to such questions of fact.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Governmental
Authority</U>&rdquo; shall mean any nation or government, any State or other political subdivision thereof and any entity exercising
executive, legislative, judicial, taxing, regulatory or administrative functions of or pertaining to government (including any
supra-national bodies such as the European Union or European Central Bank).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Guarantee
Obligation</U>&rdquo; shall mean as to any Person (the &ldquo;<U>guaranteeing person</U>&rdquo;), any obligation of (a) the guaranteeing
person or (b) another Person (including any bank under any letter of credit) with respect to which the guaranteeing person has
issued a reimbursement, counterindemnity or similar obligation, in either case guaranteeing or in effect guaranteeing any Indebtedness,
leases, dividends or other obligations (the &ldquo;<U>primary obligations</U>&rdquo;) of any other third Person (the &ldquo;<U>primary
obligor</U>&rdquo;) in any manner, whether directly or indirectly, including any obligation of the guaranteeing person, whether
or not contingent, (i) to purchase any such primary obligation or any property constituting direct or indirect security therefor,
(ii) to advance or supply funds (1) for the purchase or payment of any such primary obligation or (2) to maintain working capital
or equity capital of the primary obligor or otherwise to maintain the net worth or solvency of the primary obligor, (iii) to purchase
property, securities or services primarily for the purpose of assuring the owner of any such primary obligation of the ability
of the primary obligor to make payment of such primary obligation or (iv) otherwise to assure or hold harmless the owner of any
such primary obligation against loss in respect thereof; <U>provided</U>, <U>however</U>, that the term Guarantee Obligation shall
not include endorsements of instruments for deposit or collection in the ordinary course of business. The amount of any Guarantee
Obligation of any guaranteeing person shall be deemed to be the lower of (a) an amount equal to the stated or determinable amount
of the primary obligation in respect of which such Guarantee Obligation is made and (b) the maximum amount for which such guaranteeing
person may be liable pursuant to the terms of the instrument embodying such Guarantee Obligation, unless such primary obligation
and the maximum amount for which such guaranteeing person may be liable are not stated or determinable, in which case the amount
of such Guarantee Obligation shall be such guaranteeing person&rsquo;s maximum reasonably anticipated liability in respect thereof
as determined by the owner of the primary obligation in good faith.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Guarantor</U>&rdquo;
shall mean BL.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Guaranty</U>&rdquo;
shall mean the Tenth Amended and Restated Guaranty, dated as of July 16, 2021, by the Guarantor to the Letter of Credit Agent (for
the benefit of the Letter of Credit Banks), the Administrative Agent (for the benefit of the Liquidity Banks), the Collateral Agent
and the Trustee, as amended, supplemented or otherwise modified from time to time in accordance with the Transaction Documents.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Guaranty
Obligations</U>&rdquo; has the meaning ascribed to such term in <U>Section 2</U> of the Guaranty.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Hazardous
Materials</U>&rdquo; shall mean (a) any petroleum or petroleum products, radioactive materials, asbestos in any form that is or
could become friable, urea formaldehyde foam insulation, transformers or other equipment that contain dielectric fluid containing
levels of polychlorinated biphenyls, and radon gas; (b) any chemicals, materials or substances defined as or included in the definition
of &ldquo;hazardous substances,&rdquo; &ldquo;hazardous waste,&rdquo; &ldquo;hazardous materials,&rdquo; &ldquo;extremely hazardous
waste,&rdquo; &ldquo;restricted hazardous waste,&rdquo; &ldquo;toxic substances,&rdquo; &ldquo;toxic pollutants,&rdquo; &ldquo;contaminants,&rdquo;
or &ldquo;pollutants,&rdquo; or words of similar import, under any applicable Environmental Law; and (c) any other chemical, material
or substance, exposure to which is prohibited, limited or regulated by any governmental authority having jurisdiction over the
Guarantor or its Subsidiaries and the manufacturing, trading or extraction of which constitutes a material portion of the business
of the Guarantor or any of its Subsidiaries.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Hedge Agreements</U>&rdquo;
shall mean all swaps, caps or collar agreements or similar arrangements dealing with interest rates or currency exchange rates
or the exchange of nominal interest obligations either generally or under specific contingencies.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Hedge Termination
Amounts</U>&rdquo; shall mean, as the context requires, (i) with respect to Series 2002-1, all amounts (a) due and owing by BLFC
or (b) received by BLFC, in each case in connection with the termination of a Hedge Agreement entered into by BLFC and (ii) with
respect to Series 2003-1, all amounts (a) due and owing by BFE or (b) received by BFE, in each case in connection with the termination
of a Hedge Agreement entered into by BFE.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Holders</U>&rdquo;
shall mean any or all of the Investor Certificateholders and the holders of the Exchangeable Company Interest.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Impacted
Interest Rate</U>&rdquo; shall have the meaning assigned in the definition of &ldquo;LIBOR Rate&rdquo;.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Indebtedness</U>&rdquo;
shall mean as to any Person, without duplication, (a) all obligations of such Person for borrowed money, (b) all obligations of
such Person evidenced by bonds, debentures, notes or other similar instruments, (c) all obligations of such Person to pay the deferred
purchase price of property, except trade accounts payable arising in the ordinary course of business, (d) all obligations of such
Person as lessee which are capitalized in accordance with GAAP other than any liability in respect of a lease which would, in accordance
with GAAP in effect prior to December 15, 2018, have been treated as an operating lease, (e) all obligations of such Person created
or arising under any conditional sales or other title retention agreement with respect to any property acquired by such Person
(including without limitation, obligations under any such agreement which provides that the rights and remedies of the seller or
lender thereunder in the event of default are limited to repossession or sale of such property), (f) all obligations of such Person
with respect to letters of credit and similar instruments, including without limitation obligations under reimbursement agreements,
(g) all Indebtedness of others secured by (or for which the holder of such Indebtedness has existing right, contingent or otherwise,
to be secured by) a Lien on any asset of such Person, whether or not such Indebtedness is assumed by such Person, and (h) all guarantees
by such Person of Indebtedness of others (other than guarantees of obligations of direct or indirect Subsidiaries of such Person).</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Indemnified
Person</U>&rdquo; shall have the meaning assigned in <U>Section 10.18</U> of the Pooling Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Indemnified
Taxes</U>&rdquo; shall mean (a) Taxes, other than Excluded Taxes, imposed on or with respect to any payment made by or on account
of any obligation of BAFC or the Guarantor under any Transaction Document and (b) to the extent not otherwise described in clause
(a), Other Taxes.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Independent
Public Accountants</U>&rdquo; shall mean, with respect to any Person, any independent certified public accountants of nationally
recognized standing, or any successor thereto, (who may also render other services to the Company, the Servicer or a Seller); <U>provided</U>
that such firm is independent with respect to such Person within the meaning of Rule 2-01(b) of Regulation S-X under the Securities
Act.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Ineligible
Institution</U>&rdquo; shall mean (a) a natural Person, (b) a Defaulting Liquidity Bank or (c) a holding company, investment vehicle
or trust for, or owned and operated for the primary benefit of, a natural person or relative(s) thereof.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Ineligibility
Determination Date</U>&rdquo; shall have the meaning assigned in <U>subsection 2.05(a)</U> of the Pooling Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Ineligibility
Event</U>&rdquo; shall have the meaning assigned in <U>subsection 2.05(a)</U> of the Sale Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Ineligible
Purchased Loan</U>&rdquo; shall (i) as used in the Sale Agreement, have the meaning specified in <U>subsection 2.05(a)</U> of the
Sale Agreement, and (ii) as used in all other Transaction Documents, have the meaning specified in <U>subsection 2.05(a)</U> of
the Pooling Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Initial
Invested Amount</U>&rdquo; shall have, with respect to any Series, the meaning specified in the related Supplement for such Series.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Insolvency
Event</U>&rdquo; shall mean, with respect to any Person, (i) a court having jurisdiction shall enter a decree or order for relief
in respect of such Person in an involuntary case under Applicable Insolvency Laws, which decree or order is not stayed or any other
similar relief shall be granted under any applicable federal, state or foreign law now or hereafter in effect and shall not be
stayed; (ii)(A) an involuntary case is commenced against such Person under any Applicable Insolvency Law now or hereafter in effect,
a decree or order of a court having jurisdiction for the appointment of a receiver, liquidator, sequestrator, trustee, custodian
or other officer having similar powers over such Person, or over all or a substantial part of the property of such Person, shall
have been entered, an interim receiver, trustee or other custodian of such Person for all or a substantial part of the property
of such Person is involuntarily appointed, a warrant of attachment, execution or similar process is issued against any substantial
part of the property of such Person, and (B) any event referred to in clause (ii)(A) above continues for 60 days unless dismissed,
bonded or discharged; (iii) such Person shall at its request have a decree or an order for relief entered with respect to it or
commence a voluntary case under any Applicable Insolvency Law now or hereafter in effect, or shall consent to the entry of a decree
or an order for relief in an involuntary case, or to the conversion of an involuntary case to a voluntary case, under any such
Applicable Insolvency Law, consent to the appointment of or taking possession by a receiver, trustee or other custodian for all
or a substantial part of its property; (iv) the making by such Person of any general assignment for the benefit of creditors; (v)
the inability or failure of such Person generally to pay its debts as such debts become due; or (vi) the Board of Directors (or
the equivalent thereof) of such Person authorizes action to approve any of the foregoing.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Instructions</U>&rdquo;
shall have the meaning assigned to such term in <U>subsection 5(b)</U> of the Depositary Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Interest</U>&rdquo;
shall mean any interest in the Trust Assets issued pursuant to the Pooling Agreement or any Supplement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Interest
Period</U>&rdquo; has the meaning given such term in <U>subsection 3.01(h)</U> of the Liquidity Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Internal
Operating Procedures Memorandum</U>&rdquo; shall mean the internal operating procedures memorandum prepared by the Trustee as set
forth in Exhibit&nbsp;A attached to the Pooling Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Interpolated
Rate</U>&rdquo; shall mean, with respect to any currency at any time, for any Interest Period, the rate per annum (rounded to the
same number of decimal places as the LIBOR Screen Rate) determined by the Administrative Agent (which determination shall be conclusive
and binding absent manifest error) to be equal to the rate that results from interpolating on a linear basis between: (a) the LIBOR
Screen Rate for the longest period for which the LIBOR Screen Rate is available for the applicable currency that is shorter than
the Impacted Interest Period; and (b) the LIBOR Screen Rate for the shortest period (for which that LIBOR Screen Rate is available
for the applicable currency) that exceeds the Impacted Interest Period, in each case, at such time.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Invested
Amount</U>&rdquo; shall have, with respect to any Series, the meaning assigned in the related Supplement for such Series.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Invested
Percentage</U>&rdquo; shall have, with respect to any Series, the meaning assigned in the related Supplement for such Series.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Investment</U>&rdquo;
shall mean the making by the Company or a Seller of any advance, loan, extension of credit or capital contribution to, the purchase
of any stock, bonds, notes, debentures or other securities of or any assets constituting a business unit of, or the making by the
Company or a Seller of any other investment in, any Person.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Investment
Earnings</U>&rdquo; shall have the meaning assigned in <U>subsection 3.01(c)</U> of the Pooling Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Investor
Certificateholder</U>&rdquo; shall mean the holder of record of, or the bearer of, an Investor Certificate.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Investor
Certificateholders&rsquo; Interest</U>&rdquo; shall have the meaning assigned in <U>subsection 3.01(b)</U> of the Pooling Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Investor
Certificates</U>&rdquo; shall mean the Certificates executed by the Company, as agent of the Trustee, and authenticated by or on
behalf of the Trustee, substantially in the form attached to the applicable Supplement, but shall not include the Exchangeable
Company Interest or any other Interest held by the Company.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>ISDA Definitions</U>&rdquo;
shall mean the 2006 ISDA Definitions published by the International Swaps and Derivatives Association, Inc. or any successor thereto,
as amended or supplemented from time to time, or any successor definitional booklet for interest rate derivatives published from
time to time by the International Swaps and Derivatives Association, Inc. or such successor thereto.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Issuance
Date</U>&rdquo; shall mean, with respect to any Series, the date of issuance of such Series, or the date of any increase to the
Invested Amount of such Series, as specified in the related Supplement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Issuer</U>&rdquo;
shall mean BAFC.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>JPMorgan
Chase</U>&rdquo; shall mean JPMorgan Chase Bank, N.A., a national banking association, and its successors and assigns.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>JPMorgan
Chase Roles</U>&rdquo; shall have the meaning assigned in <U>Section 9.15</U> of the Series 2000-1 Supplement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>JPMS</U>&rdquo;
shall mean J.P. Morgan Securities LLC, and its successors and assigns.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>L/C Expiration
Date</U>&rdquo; shall mean (a) with respect to the initial L/C Expiration Date, November 5, 2021, or if such day is not a Business
Day, the preceding Business Day and (b) with respect to subsequent L/C Expiration Dates, the last day of any extension of such
date pursuant to <U>Section 2.01(c)</U> of the Letter of Credit Reimbursement Agreement, or if such day is not a Business Day,
the preceding Business Day.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>L/C Termination
Date</U>&rdquo; shall mean the earlier of (a) the L/C Expiration Date and (b) the date of receipt by the Letter of Credit Agent
of a notice from the Administrative Agent in the form of Annex 2 to the Letter of Credit.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Legal Rate</U>&rdquo;
means the maximum rate of interest permitted to be charged by applicable law.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Letter of
Credit</U>&rdquo; means that certain irrevocable letter of credit issued by the Letter of Credit Banks as revised or amended from
time to time pursuant to the terms of the Letter of Credit Reimbursement Agreement, and all permitted substitutes and replacements
thereof.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Letter of
Credit Agent</U>&rdquo; means the party or parties from time to time acting as &ldquo;Letter of Credit Agent&rdquo; under the Letter
of Credit Reimbursement Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Letter of
Credit Amount</U>&rdquo; shall mean, as of any day, (a) the Letter of Credit Commitment less (b) any amount previously drawn under
the Letter of Credit and not reimbursed to the Letter of Credit Banks.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Letter of
Credit Bank</U>&rdquo; means each financial institution in its capacity as a &ldquo;Letter of Credit Bank&rdquo; under the Letter
of Credit Reimbursement Agreement, together with any successors and permitted assigns.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Letter of
Credit Bank Breach</U>&rdquo; means a failure or refusal of a Letter of Credit Bank to honor a proper drawing under the Letter
of Credit, or any other breach of its obligations under the Letter of Credit.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Letter of
Credit Commitment</U>&rdquo; shall mean an amount equal to the Applicable L/C Percentage of the Aggregate Liquidity Commitment
as such amount may be increased or decreased from time to time pursuant to the Letter of Credit Reimbursement Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Letter of
Credit Commitment Share</U>&rdquo; shall mean the percent of the Letter of Credit Commitment attributable to each Letter of Credit
Bank, as set forth from time to time on Schedule I to the Letter of Credit Reimbursement Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Letter of
Credit Disbursement</U>&rdquo; shall have the meaning assigned in <U>Section 2.03</U> of the Letter of Credit Reimbursement Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Letter of
Credit Facility Fee</U>&rdquo; shall have the meaning assigned to such term in <U>subsection 2.05(a)</U> of the Letter of Credit
Reimbursement Agreement.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Letter of
Credit Fee Letter</U>&rdquo; shall mean any letter agreement between BAFC and the Letter of Credit Agent, which describes BAFC&rsquo;s
obligations to pay the Letter of Credit Facility Fee.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Letter of
Credit Obligations</U>&rdquo; means all indebtedness, obligations and liabilities, whether absolute, fixed or contingent, at any
time owing by BAFC to the Letter of Credit Agent and the Letter of Credit Banks under the Letter of Credit Reimbursement Agreement
and the Letter of Credit Fee Letter, including for this purpose, without limitation, the Letter of Credit Facility Fee, Repayment
Amounts and any Fees, Costs and Expenses of the Letter of Credit Agent and the Letter of Credit Banks thereunder.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Letter of
Credit Reimbursement Agreement</U>&rdquo; shall mean the Tenth Amended and Restated Letter of Credit Reimbursement Agreement, dated
as of July 16, 2021, among the Series 2000-1 Purchaser, the Letter of Credit Agent and the Letter of Credit Banks, as amended,
supplemented or otherwise modified from time to time in accordance with the Transaction Documents.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Letter of
Representations</U>&rdquo; means that certain Letter of Representations, dated as of August 25, 2000, entered into between BAFC,
JPMorgan Chase and DTC, as the same may at any time be modified or amended and in effect.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Liabilities</U>&rdquo;
means any losses, claims (including intraparty claims), demands, damages or liabilities of any kind.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>LIBOR Liquidity
Loan</U>&rdquo; means a Liquidity Loan bearing interest based on a LIBOR Rate in accordance with <U>Section 3.03</U> of the Liquidity
Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>LIBOR Rate</U>&rdquo;
shall mean, with respect to any Borrowing of LIBOR Liquidity Loans for any Interest Period, the LIBOR Screen Rate at approximately
11:00 a.m., London time, two Business Days prior to the commencement of such Interest Period; provided that if the LIBOR Screen
Rate shall not be available at such time for such Interest Period (an &ldquo;<U>Impacted Interest Period</U>&rdquo;) with respect
to the applicable currency then the LIBOR Rate shall be the Interpolated Rate.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>LIBOR Screen
Rate</U>&rdquo; means, for any day and time, with respect to any Borrowing of LIBOR Liquidity Loans for any Interest Period, the
London interbank offered rate for Dollars as administered by ICE Benchmark Administration (or any other Person that takes over
the administration of such rate for Dollars) for a period equal in length to such Interest Period as displayed on such day and
time on pages LIBOR01 or LIBOR02 of the Reuters screen that displays such rate (or, in the event such rate does not appear on a
Reuters page or screen, on any successor or substitute page on such screen that displays such rate, or on the appropriate page
of such other information service that publishes such rate from time to time as selected by the Administrative Agent in consultation
with BAFC); provided that if the LIBOR Screen Rate as so determined would be less than zero, such rate shall be deemed to be zero.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>LIBOR Successor
Rate</U>&rdquo; shall have the meaning assigned to such term in <U>Section 4.09</U> of the Liquidity Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Lien</U>&rdquo;
shall mean, with respect to any asset, (a) any mortgage, deed of trust, lien, pledge, encumbrance, charge or security interest
in or on such asset and (b) the interest of a vendor or a lessor under any conditional sale agreement, capital lease or title retention
agreement relating to such asset.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Lien Creation</U>&rdquo;
shall mean the creation, incidence, assumption or suffering to exist by the Company, the Servicer or a Seller of any Lien upon
the Purchased Loans, Related Property or the proceeds thereof.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Liquid Inventory</U>&rdquo;
shall mean, as to the Guarantor and its consolidated Subsidiaries at any time, its inventory at such time of commodities which
are traded on any recognized commodities exchange, valued depending on the type of such commodity at either (a) the lower of cost
or the market value at such time or (b) the market value at such time.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Liquidation
Event</U>&rdquo; shall have the meaning assigned to such term in Article VIII of the Liquidity Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Liquidity
Agreement</U>&rdquo; shall mean that certain Fourteenth Amended and Restated Liquidity Agreement, dated as of July 16, 2021, entered
into among BAFC, the Administrative Agent and the Liquidity Banks, as the same may at any time be modified or amended and in effect.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Liquidity
Bank Breach</U>&rdquo; means a failure or refusal of the Administrative Agent or a Liquidity Bank to make an advance properly requested
under the Liquidity Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Liquidity
Bank Obligations</U>&rdquo; means all indebtedness, obligations and liabilities, whether absolute, fixed or contingent, at any
time owing by BAFC to the Administrative Agent or the Liquidity Banks under the Liquidity Agreement, including, without limitation,
the Liquidity Loan Obligations and any Fees, Costs and Expenses of the Administrative Agent or the Liquidity Banks thereunder.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Liquidity
Bank(s)</U>&rdquo; shall mean a financial institution or institutions now or hereafter a party to the Liquidity Agreement as a
lender, together with their successors and permitted assigns; <U>provided</U> that such successors and permitted assigns must have
short-term ratings of at least &ldquo;A-1&rdquo; by S&amp;P and &ldquo;P-1&rdquo; by Moody&rsquo;s.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Liquidity
Bank-Related Person</U>&rdquo; has the meaning ascribed to such term in <U>Section 11.04</U> of the Liquidity Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Liquidity
Commitment</U>&rdquo; shall mean the obligation of the Liquidity Banks to make Liquidity Loans in a maximum principal amount at
any time outstanding equal to the amount set forth on Annex Y to the Liquidity Agreement, as such amount may from time to time
be reduced pursuant to <U>Sections 4.02</U> and <U>4.03</U> of the Liquidity Agreement.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Liquidity
Commitment Anniversary</U>&rdquo; shall mean the date falling twelve (12) Months after the Amendment Effective Date and the date
falling on each twelve (12) Months anniversary thereafter.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Liquidity
Commitment Expiration Date</U>&rdquo; means the Original Liquidity Commitment Expiration Date or, in respect of Consenting Liquidity
Banks (and replacement Liquidity Banks, if applicable), if the extension option under <U>Section 4.03(b)</U> of the Liquidity Agreement
has been exercised, the First Extension Liquidity Commitment Expiration Date or the Second Extension Liquidity Commitment Expiration
Date.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Liquidity
Commitment Extension Request</U>&rdquo; and &ldquo;<U>Liquidity Commitment Extension Requests</U>&rdquo; shall have the meaning
assigned to such term in <U>Section 4.03(b)(ii)</U> of the Liquidity Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Liquidity
Facility Collateral</U>&rdquo; shall mean collectively, all of the Issuer&rsquo;s right, title and interest in (i) the Letter of
Credit Reimbursement Agreement, (ii) all amounts deposited in the Collateral Accounts related to drawings by the Administrative
Agent under the Letter of Credit, (iii) all amounts deposited in the Reserve Account by BAFC pursuant to <U>subsection 5.05(g)</U>
of the Liquidity Agreement and (iv) all proceeds, in cash or otherwise, of the Liquidity Facility Collateral described in the foregoing
clauses (i), (ii) and (iii), all Liens with respect to such Liquidity Facility Collateral and all remedies and claims (whether
in nature of indemnities, warranties, guaranties or otherwise) of the Issuer with respect to such Liquidity Facility Collateral,
including without limitation, the right of the Issuer to bring suit to enforce its rights with respect to such Liquidity Facility
Collateral, in any case whether now existing or hereafter arising.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Liquidity
Loan Notes</U>&rdquo; shall have the meaning assigned to such term in <U>subsection 3.02(a)</U> of the Liquidity Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Liquidity
Loan Obligations</U>&rdquo; shall mean the principal amount of, and interest accrued on, any Liquidity Loans by the Liquidity Banks
to BAFC under the Liquidity Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Liquidity
Loan(s)</U>&rdquo; shall mean a loan or loans from the Liquidity Banks to BAFC pursuant to the Liquidity Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Loan(s)</U>&rdquo;
shall mean any and all loans or advances to or for the account of Eligible Obligors by a Seller, each as evidenced by Loan Note(s).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Loan Assets</U>&rdquo;
shall, as used in the Sale Agreement, have the meaning assigned in <U>subsection 2.01(a)</U> thereof.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Loan Documents</U>&rdquo;
shall mean each Loan Note, and each other document, certificate or instrument entered into or delivered in connection with a Loan.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Loan Note(s)</U>&rdquo;
means the promissory notes, executed by any Obligor from time to time, together with all renewals, extensions, modifications and
replacements thereof and substitutions therefor, which have been endorsed by such Obligor, to be payable to the order of the Trustee,
for the benefit of the Holders.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Loan Purchase
Date</U>&rdquo; shall mean, with respect to any Purchased Loan, the Business Day on which the Company purchases such Purchased
Loan from the applicable Seller and transfers such Purchased Loan to the Trust.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Lock-Box
Accounts</U>&rdquo; shall mean the accounts listed on Exhibit C to the Servicing Agreement, each in the name of the Company, and
under the exclusive ownership, dominion and control of the Trustee.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Lock-Box
Agreement</U>&rdquo; shall mean an agreement between the Servicer, the Company, the Trustee (on behalf of the Investor Certificateholders)
and the Lock-Box Bank in substantially the form of Exhibit D to the Servicing Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Lock-Box
Bank</U>&rdquo; shall mean each of the banks set forth on Exhibit C to the Servicing Agreement, and such banks as may be added
thereto or deleted therefrom pursuant to <U>subsection 2.03(d)</U> of the Servicing Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Majority
Letter of Credit Banks</U>&rdquo; shall mean one or more Letter of Credit Banks whose aggregate Letter of Credit Commitment Share
exceed 50% of the Letter of Credit Commitment.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Majority
Liquidity Banks</U>&rdquo; shall mean (i) Liquidity Banks having an aggregate Percentage of the Aggregate Liquidity Commitment
greater than fifty percent (50%) or (ii) if the Aggregate Liquidity Commitment shall have been terminated, Liquidity Banks holding
more than 50% of the aggregate outstanding Liquidity Loans.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Mandatory
CP Wind-Down Event</U>&rdquo; shall have the meaning assigned to such term in <U>Section 8.02</U> of the Liquidity Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Mandatory
Liquidation Event</U>&rdquo; has the meaning ascribed to such term in <U>Section 8.01</U> of the Liquidity Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Margin Stock</U>&rdquo;
shall have the meaning given to such term in Regulation U of the Federal Reserve Board.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Master Note</U>&rdquo;
shall mean a CP Note issued in the name of Cede &amp; Co., the nominee of DTC, in an aggregate principal amount at all times reflecting
the aggregate unpaid principal amount of all Commercial Paper which constitutes Book-Entry CP Notes.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Material
Adverse Effect</U>&rdquo; shall mean (a) a material impairment of the ability of a Seller, the Servicer, the Guarantor, BAFC or
the Company, as the case may be, to perform its obligations under the Transaction Documents, (b) a materially adverse effect on
the business, operations, property, prospects or condition (financial or otherwise) of a Seller, the Servicer, BAFC, the Company
or the Guarantor and its consolidated Subsidiaries taken as a whole, (c) a material impairment of the validity or enforceability
of any of the Transaction Documents against a Seller, the Servicer, the Guarantor, BAFC or the Company, (d) a material impairment
of the collectability of the Purchased Loans taken as a whole or (e) a material impairment of the interests, rights or remedies
of the Trustee or the Investor Certificateholders of any Outstanding Series (or, if applicable, any Letter of Credit Bank or any
Liquidity Bank) under or with respect to the Transaction Documents or the Purchased Loans taken as a whole.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Month</U>&rdquo;
shall mean a period starting on one day in a calendar month and ending on the numerically corresponding day in the next calendar
month, except that (a) (subject to paragraph (c) below) if the numerically corresponding day is not a Business Day, that period
shall end on the next Business Day in that calendar month in which that period is to end if there is one, or if there is not, on
the immediately preceding Business Day; (b) if there is no numerically corresponding day in the calendar month in which that period
is to end, that period shall end on the last Business Day in that calendar month; and (c) if an Interest Period begins on the last
Business Day of a calendar month, that Interest Period shall end on the last Business Day in the calendar month in which that Interest
Period is to end.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Monthly
Servicing Fee</U>&rdquo; shall have the meaning assigned in <U>subsection 2.05(a)</U> of the Servicing Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Monthly
Settlement Statement</U>&rdquo; shall have the meaning assigned in <U>Section 4.02</U> of the Servicing Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Moody&rsquo;s</U>&rdquo;
shall mean Moody&rsquo;s Investors Service, Inc. or any successor thereto.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Multiemployer
Plan</U>&rdquo; shall mean with respect to any Person, a multiemployer plan as defined in Section 4001(a)(3) of ERISA to which
such Person or any ERISA Affiliate of such Person (other than one considered an ERISA Affiliate only pursuant to subsection (m)
or (o) of Section 414 of the Code) is making or accruing an obligation to make contributions, or has within any of the preceding
five plan years made or accrued an obligation to make contributions.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Multiple
Employer Plan</U>&rdquo; means a single employer plan, as defined in Section 4001(a)(15) of ERISA, that (a) is maintained for employees
of the Guarantor or any ERISA Affiliate and at least one Person other than such Guarantor and the ERISA Affiliates or (b) was so
maintained and in respect of which the Guarantor or any ERISA Affiliate could have liability under Section 4064 or 4069 of ERISA
in the event such plan has been or were to be terminated.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Net Worth</U>&rdquo;
shall mean with respect to any Person, the sum of such Person&rsquo;s capital stock, capital in excess of par or stated value of
shares of its capital stock, retained earnings and any other account which, in accordance with GAAP, constitutes stockholders&rsquo;
equity, excluding any treasury stock.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>No-Issuance
Conditions for Commercial Paper</U>&rdquo; means the following:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(1)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Depositary shall have received, prior to the time of delivery of any CP Note to a Placement Agent (or other appropriate dealer
or its designated consignee), and in any event prior to 12:01 p.m., New York City time, instructions from an officer of the Administrative
Agent not to issue or deliver CP Notes because:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1.5in; text-align: justify">(A)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a
Mandatory Liquidation Event has occurred and is continuing, (B) a Mandatory CP Wind-Down Event has occurred and is continuing,
(C) the issuance of CP Notes is prohibited pursuant to <U>subsection 4.02(b)</U> or <U>(c)</U> of the Liquidity Agreement, (D)
BAFC shall have terminated the Aggregate Liquidity Commitment under the Liquidity Agreement pursuant to <U>subsection 4.02(a)</U>
thereof, (E) the Aggregate Liquidity Commitment shall otherwise have been terminated in whole for any reason in accordance with
Article VIII of the Liquidity Agreement, (F) the conditions precedent specified in Article VI of the Liquidity Agreement with respect
to the issuance of CP Notes are not satisfied (until revoked or superseded by further instructions from an officer of the Administrative
Agent), (G) the Liquidity Commitment Expiration Date or termination of the Liquidity Agreement shall have occurred, or the L/C
Expiration Date shall have occurred, or (H) a Security Agreement Event of Default shall have occurred; or</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(2)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;if
the CP Notes are to be issued on a date which is less than three (3) Business Days before the Liquidity Commitment Expiration Date,
the Depositary shall not have received written notice from the Administrative Agent in accordance with <U>Section 4.03</U> of the
Liquidity Agreement, extending such Liquidity Commitment Expiration Date; or</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(3)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;if
at the time of proposed issuance of the CP Notes, the Depositary shall have received written notice that the Collection Account
or any Collateral Account is subject to any stay, writ, order, judgment, warrant of attachment, execution or similar process and
BAFC shall not have obtained the prior approval of the Administrative Agent to continue to issue and sell the CP Notes in accordance
with <U>subsection 4.02(c)</U> of the Liquidity Agreement.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Non-U.S
Liquidity Bank</U>&rdquo; shall have the meaning assigned in <U>Section 4.06(e)</U> of the Liquidity Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Notice Address</U>&rdquo;
or &ldquo;<U>Notice Addresses</U>&rdquo; shall mean as follows:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 12pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 9%">&nbsp;</TD>
    <TD STYLE="width: 34%; padding-right: 5.4pt; padding-left: 0pt; text-align: justify">If to BAFC:</TD>
    <TD STYLE="width: 2%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 55%; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">BUNGE ASSET FUNDING CORP.</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">1391 Timberlake Manor Parkway</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Chesterfield, Missouri 63017</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Attention: Treasurer</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Tel. No: (636) 292-3029</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Telecopy: (636) 292-4029</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">with a copy to:</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">BUNGE LIMITED</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">1391 Timberlake Manor Parkway</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Chesterfield, Missouri 63017</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Attention: Treasurer</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Tel. No: (636) 292-3029</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Telecopy: (636) 292-4029</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: -22pt; text-align: justify">If to BLFC:</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">BUNGE LIMITED FINANCE CORP.</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">1391 Timberlake Manor Parkway</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Chesterfield, Missouri 63017</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Attention: Treasurer</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Tel. No: (636) 292-3029</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Telecopy: (636) 292-4029</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">with a copy to:</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">BUNGE LIMITED</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">1391 Timberlake Manor Parkway</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Chesterfield, Missouri 63017</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Attention: Treasurer</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Tel. No: (636) 292-3029</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Telecopy: (636) 292-4029</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

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<P STYLE="margin: 0"></P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 12pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 9%">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 0pt; text-align: justify; width: 34%">If to BFE:</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; width: 2%">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; width: 55%">
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">BUNGE FINANCE EUROPE B.V.</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">1391 Timberlake Manor Parkway</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Chesterfield, Missouri 63017</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Attention: Treasurer</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Tel. No: (636) 292-3029</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Telecopy: (636) 292-4029</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">with a copy to:</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">BUNGE LIMITED</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">1391 Timberlake Manor Parkway</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Chesterfield, Missouri 63017</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Attention: Treasurer</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Tel. No: (636) 292-3029</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Telecopy: (636) 292-4029</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 0pt; text-align: justify">If to Rabobank as Letter of Credit Agent and as Letter of Credit Bank:</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">CO&Ouml;PERATIEVE RABOBANK U.A., NEW YORK BRANCH</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">245 Park Avenue, 38<SUP>th</SUP> Floor</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">New York, NY 10167-0062</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.8in; text-indent: -0.8in">Attention:&#9;International Trade
        Services Dept</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">Tel. No: (212) 574-7315</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">Telecopy: (914) 304-9330</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 0pt; text-align: justify">If to CoBank as Letter of Credit Bank:</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">COBANK, ACB</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">5500 South Quebec Street</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Greenwood Village, CO 80111</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Attention: Porter Little</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Tel. No.: (303) 694-5954</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Telecopy: (303) 740-6492</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 0pt; text-align: justify">If to the Administrative Agent:</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">JPMORGAN CHASE BANK, N.A.</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">500 Stanton Christiana Rd, NCC5, Floor 1</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Newark, DE 19713</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Attention: Robert Nichols</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Tel. No: (302) 634-3376</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Telecopy: (201) 244-3628</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

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    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 2pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center">Annex -<!-- Field: Sequence; Type: Arabic; Name: PageNo -->42<!-- Field: /Sequence -->&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="margin: 0"></P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 12pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 9%">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 0pt; text-align: justify; width: 34%">If to the Collateral Agent:</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; width: 2%">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; width: 55%">
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">THE BANK OF NEW YORK MELLON</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">240 Greenwich Street, Floor 7W</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">New York, NY 10286</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Attention: Global Structured Finance</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Telecopy: (212) 815-5917</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 0pt; text-align: justify">If to the Depositary with respect to Instructions regarding the Commercial Paper:</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">BANK OF AMERICA, N.A.</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">135 South LaSalle Street</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">Mail Code IL4-135-18-11</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">Chicago, IL 60603</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.8in; text-indent: -0.8in">Attention:&#9;IPA Operations</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">Tel. No: (312) 992-7990</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">Fax: (866) 940-0414</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 0pt; text-align: justify">If to the Depositary with respect to all other notices:</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">BANK OF AMERICA, N.A.</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">135 South LaSalle Street</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">Mail Code IL4-135-05-07</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">Chicago, IL 60603</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.8in; text-indent: -0.8in">Attention:&#9;Marili Nieminski</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.8in; text-indent: -0.8in">Tel. No: (312) 992-2306</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.8in; text-indent: -0.8in">Telecopy: (312) 453-3478</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 0pt; text-align: justify">If to JPMS as Placement Agent:</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">J.P. MORGAN SECURITIES LLC</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">383 Madison Avenue &ndash; 3<SUP>rd</SUP> Floor</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">New York, NY 10179</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Attention: Short-Term Fixed Income</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Tel. No: (212) 834-5543</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Telecopy: (212) 834-6560</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 0pt; text-align: justify">If to Citigroup as Placement Agent:</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">CITIGROUP GLOBAL MARKETS INC.</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">390 Greenwich Street, 4th Floor</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">New York, NY 10013</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Attention: <FONT STYLE="font-size: 11.5pt">Money
        Markets Origination</FONT></P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Tel. No: (212) 723-6669</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Telecopy: (212) 723-8624</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 0pt; text-align: justify">If to the Trustee:</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">THE BANK OF NEW YORK MELLON</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">240 Greenwich Street, Floor 7W</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">New York, NY 10286</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Attention: Global Structured Finance</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Telecopy: (212) 815-5917</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

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    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 2pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center">Annex -<!-- Field: Sequence; Type: Arabic; Name: PageNo -->43<!-- Field: /Sequence -->&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
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<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 12pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 9%">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 0pt; text-align: justify; width: 34%">If to BL as the Guarantor:</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; width: 2%">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; width: 55%">
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">BUNGE LIMITED</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">1391 Timberlake Manor Parkway</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Chesterfield, Missouri 63017</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Attention: Treasurer</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Tel. No: (636) 292-3029</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Telecopy: (636) 292-4029</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 0pt; text-align: justify">If to the Servicer:</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">BUNGE MANAGEMENT SERVICES, INC.</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">1391 Timberlake Manor Parkway</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Chesterfield, Missouri 63017</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Attention: Treasurer</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Tel. No: (636) 292-3029</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Telecopy: (636) 292-4029</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">with a copy to:</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">BUNGE LIMITED</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">1391 Timberlake Manor Parkway</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Chesterfield, Missouri 63017</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Attention: Treasurer</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Tel. No: (636) 292-3029</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Telecopy: (636) 292-4029</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 0pt; text-align: justify">If to the Company:</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">BUNGE FUNDING, INC.</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">1391 Timberlake Manor Parkway</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Chesterfield, Missouri 63017</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Attention: Treasurer</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Tel. No: (636) 292-3029</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Telecopy: (636) 292-4029</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">with a copy to:</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">BUNGE LIMITED</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">1391 Timberlake Manor Parkway</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Chesterfield, Missouri 63017</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Attention: Treasurer</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Tel. No: (636) 292-3029</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Telecopy: (636) 292-4029</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

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    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 2pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center">Annex -<!-- Field: Sequence; Type: Arabic; Name: PageNo -->44<!-- Field: /Sequence -->&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
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    <!-- Field: /Page -->

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 12pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 9%">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 0pt; text-align: justify; width: 34%">If to Bunge Finance:</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; width: 2%">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; width: 55%">
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">BUNGE FINANCE LIMITED</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">1391 Timberlake Manor Parkway</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Chesterfield, Missouri 63017</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Attention: Treasurer</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Tel. No: (636) 292-3029</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Telecopy: (636) 292-4029</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">with a copy to:</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">BUNGE LIMITED</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">1391 Timberlake Manor Parkway</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Chesterfield, Missouri 63017</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Attention: Treasurer</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Tel. No: (636) 292-3029</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Telecopy: (636) 292-4029</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 0pt; text-align: justify">If to Bunge Finance North America:</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">BUNGE FINANCE NORTH AMERICA, INC.</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">1391 Timberlake Manor Parkway</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Chesterfield, Missouri 63017</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Attention: Treasurer</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Tel. No: (636) 292-3029</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Telecopy: (636) 292-4029</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">with a copy to:</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">BUNGE LIMITED</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">1391 Timberlake Manor Parkway</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Chesterfield, Missouri 63017</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Attention: Treasurer</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Tel. No: (636) 292-3029</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Telecopy: (636) 292-4029</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P></TD></TR>
</TABLE>
<P STYLE="margin: 0 0 0pt; font: 12pt Times New Roman, Times, Serif; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Notice
of Borrowing</U>&rdquo; has the meaning ascribed to such term in <U>subsection 3.01(b)</U> of the Liquidity Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Notice of
Enforcement</U>&rdquo; has the meaning assigned to such term in <U>subsection 6.1(b)</U> of the Security Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Notice of
a Security Agreement Event of Default</U>&rdquo; shall have the meaning assigned to such term in <U>subsection 6.1(a)</U> of the
Security Agreement.</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>NYFRB</U>&rdquo;
shall mean the Federal Reserve Bank of New York.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>NYFRB Rate</U>&rdquo;
shall mean, for any day, the greater of (a) the Federal Funds Effective Rate in effect on such day and (b) the Overnight Bank Funding
Rate in effect on such day (or for any day that is not a Business Day, for the immediately preceding Business Day); <U>provided</U>,
that if none of such rates are published for any day that is a Business Day, the term &ldquo;NYFRB Rate&rdquo; means the rate for
a federal funds transaction quoted at 11:00 a.m. on such day received by the Administrative Agent from a federal funds broker of
recognized standing selected by it; <U>provided</U>, <U>further</U>, that if any of the aforesaid rates as so determined be less
than zero, such rate shall be deemed to be zero.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Obligations</U>&rdquo;
means all indebtedness, obligations and liabilities of BAFC as defined in Article II of the Security Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Obligor</U>&rdquo;
shall mean, with respect to any Loan, the party obligated to make payments with respect to such Loan, including any guarantor thereof.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>OECD Country</U>&rdquo;
shall mean a country that is a member of the grouping of countries that are full members of the Organization of Economic Cooperation
and Development.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>OFAC</U>&rdquo;
shall have the meaning set forth in the definition of &ldquo;Sanctions.&rdquo;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Offering
Memoranda</U>&rdquo; or &ldquo;<U>Offering Memorandum</U>&rdquo; means the offering memorandum dated July 2021 as the same may
be amended from time to time which describes (i) the CP Notes, (ii) the proposed use of proceeds from the sale of the CP Notes,
(iii) the business of BAFC, the Servicer and the Guarantor, and any material change thereof or in the financial condition of BAFC,
the Servicer and the Guarantor, (iv) such summary financial information concerning BAFC, the Servicer and the Guarantor as BAFC,
the Servicer, the Guarantor and the Placement Agent consider appropriate, and (v) the restrictions on resale of the CP Notes.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Opinion
of Counsel</U>&rdquo; shall mean a written opinion or opinions of one or more counsel (who, unless otherwise specified in the Transaction
Documents, may be internal counsel) to the Company, the Servicer or a Seller, designated by the Company, the Servicer or a Seller,
as the case may be, that is reasonably acceptable to the Trustee, the Letter of Credit Agent (if applicable) and the Administrative
Agent (if applicable).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Optional
Repurchase Percentage</U>&rdquo; shall have, with respect to any Series, the meaning assigned in the related Supplement for such
Series.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Optional
Termination Notice</U>&rdquo; shall have, with respect to any Series, the meaning assigned in the related Supplement for such Series.</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Original
Liquidity Commitment Expiration Date</U>&rdquo; shall mean the date on which the Aggregate Liquidity Commitment shall expire as
provided in Annex Y to the Liquidity Agreement, or if such day is not a Business Day, the preceding Business Day.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Original
Principal Amount</U>&rdquo; of any Purchased Loan shall mean the Principal Amount of such Loan as of the date on which such Loan
is sold or otherwise conveyed to the Company under the Sale Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Other Benchmark
Rate Election</U>&rdquo; shall mean, with respect to any Liquidity Loan denominated in Dollars, if the then-current Benchmark is
the LIBOR Rate, the occurrence of:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify">(a) a request by BAFC to the Administrative
Agent to notify each of the other parties hereto that, at the determination of BAFC, Dollar-denominated syndicated credit facilities
at such time contain (as a result of amendment or as originally executed), in lieu of a LIBOR-based rate, a term benchmark rate
as a benchmark rate, and</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(b) the Administrative
Agent, in its sole discretion, and BAFC jointly elect to trigger a fallback from the LIBOR Rate and the provision, as applicable,
by the Administrative Agent of written notice of such election to BAFC and the Liquidity Banks.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Other Connection
Taxes</U>&rdquo; shall mean, with respect to the Administrative Agent, any Liquidity Bank, the Letter of Credit Agent, any Letter
of Credit Bank, the Collateral Agent, the Trustee or any other recipient of payment to be made by or on account of any obligation
of BAFC under any Transaction Document, Taxes imposed as a result of a present or former connection between the Administrative
Agent, such Liquidity Bank, the Letter of Credit Agent, such Letter of Credit Bank, the Collateral Agent, the Trustee or other
recipient and the jurisdiction imposing such Tax (other than connections arising from the Administrative Agent, such Liquidity
Bank, the Letter of Credit Agent, such Letter of Credit Bank, the Collateral Agent, the Trustee or other recipient having executed,
delivered, become a party to, performed its obligations under, received payments under, received or perfected a security interest
under, engaged in any other transaction pursuant to or enforced any Transaction Document, or sold or assigned an interest in any
Liquidity Loan, Letter of Credit or Transaction Document).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Other Taxes</U>&rdquo;
shall mean any and all present or future stamp or documentary Taxes or any other excise or property Taxes, charges or similar levies
arising from any payment made hereunder or from the execution, delivery or enforcement of, or otherwise with respect to, the Liquidity
Agreement or any other Transaction Document.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Outstanding
Series</U>&rdquo; shall mean, at any time, a Series issued pursuant to an effective Supplement for which the Series Termination
Date for such Series has not occurred.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Overnight
Bank Funding Rate</U>&rdquo; shall mean, for any day, the rate comprised of both overnight federal funds and overnight eurocurrency
borrowings for Dollars by U.S.-managed banking offices of depository institutions, as such composite rate shall be determined by
the NYFRB as set forth on its public website from time to time, and published on the next succeeding Business Day by the NYFRB
as an overnight bank funding rate.</P>

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    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Participant</U>&rdquo;
has the meaning ascribed to such term in <U>subsection 11.05(b)</U> of the Liquidity Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Participant
Register</U>&rdquo; shall (i) as used in the Liquidity Agreement, have the meaning assigned to such term in <U>subsection 11.05(b)</U>
thereof and (ii) as used in the Letter of Credit Reimbursement Agreement, have the meaning assigned to such term in <U>subsection
6.09(d)</U> thereof.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Patriot
Act</U>&rdquo; has the meaning ascribed to such term in <U>subsection 11.21</U> of the Liquidity Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Paying Agent</U>&rdquo;
shall mean any paying agent and co-paying agent appointed pursuant to <U>Section 5.06</U> of the Pooling Agreement and, unless
otherwise specified in the related Supplement of any Series and with respect to such Series, shall initially be The Bank of New
York.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Payment</U>&rdquo;
has the meaning ascribed to such term in <U>Section 10.08</U> of the Liquidity Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Payment
Notice</U>&rdquo; has the meaning ascribed to such term in <U>Section 10.08</U> of the Liquidity Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Payment
Office</U>&rdquo; means the office of the Administrative Agent in New York, New York or the Letter of Credit Agent at New York,
New York, as applicable, or such other office as the Administrative Agent or the Letter of Credit Agent may hereafter designate
in writing as such to BAFC, the Collateral Agent and the Depositary.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Payment
Recipient</U>&rdquo; has the meaning assigned to such term in <U>Section 5.05(d)</U> of the Letter of Credit Reimbursement Agreement
and <U>Section 10.08(d</U>) of the Liquidity Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>PBGC</U>&rdquo;
shall mean the Pension Benefit Guaranty Corporation established pursuant to Subtitle&nbsp;A of Title&nbsp;IV of ERISA and any Person
succeeding to the functions thereof.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Percentage</U>&rdquo;
shall mean, for each Liquidity Bank, the percentage of the Aggregate Liquidity Commitment set forth opposite the name of such Liquidity
Bank on Annex Y to the Liquidity Agreement, as adjusted as additional Liquidity Banks become a party to the Liquidity Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Performing
Liquidity Bank</U>&rdquo; shall mean any Liquidity Bank that is a Defaulting Liquidity Bank solely as a result of the occurrence
of an event described in clause (d) of the definition of Defaulting Liquidity Bank that following such event continues to perform
all of its obligations under the Liquidity Agreement and any other Transaction Document, and has not been replaced or repaid in
accordance with <U>Section 4.07</U> of the Liquidity Agreement.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Permitted
Indebtedness</U>&rdquo; means (i) indebtedness evidenced by the Commercial Paper, (ii) indebtedness evidenced by the Liquidity
Loan Notes and the Liquidity Agreement, (iii) indebtedness of BAFC representing fees, expenses and indemnities payable to the Depositary
pursuant to the Depositary Agreement, (iv) indebtedness of BAFC representing amounts, indemnities or expenses payable to a Placement
Agent under a Placement Agency Agreement, (v) indebtedness of BAFC representing fees, expenses and indemnities payable to the Administrative
Agent and the Liquidity Banks, (vi) indebtedness of BAFC representing fees, expenses and indemnities, including without limitation,
the Letter of Credit Facility Fees, payable to the Letter of Credit Agent and the Letter of Credit Banks under the Letter of Credit
Reimbursement Agreement, (vii) indebtedness of BAFC representing fees, expenses or other amounts payable to investment bankers,
lawyers, accountants, consultants, financial advisors and other professionals for services rendered to BAFC, including, but not
limited to, premiums payable for officer and director liability insurance coverage, (viii) indebtedness representing Taxes of BAFC,
(ix) indebtedness of BAFC under the Letter of Credit Reimbursement Agreement or any other amounts or obligations in respect of
the Letter of Credit or Letter of Credit Reimbursement Agreement, (x) indebtedness of BAFC representing fees, expenses or other
amounts payable to the Collateral Agent under the Security Agreement, and (xi) any other indebtedness or liabilities that shall
not exceed $50,000 at any one time outstanding.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Permitted
Liens</U>&rdquo; shall mean, at any time, for any Person:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Liens
created pursuant to any Transaction Document;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Liens
for taxes, assessments or other governmental charges or levies (i) which are not delinquent or remain payable without any penalty
or (ii) the validity of which is contested in good faith by appropriate proceedings upon stay of execution of the enforcement thereof
or upon posting a bond in connection therewith and reserves to the extent required by GAAP with respect thereto have been provided
on the books of such Person;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Liens
of or resulting from any judgment or award, the time for the appeal or petition for rehearing of which shall not have expired,
or in respect of which such Person shall at any time in good faith be prosecuting an appeal or proceeding for a review and with
respect to which adequate reserves or other appropriate provisions are being maintained in accordance with GAAP; and</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Liens,
charges or other encumbrances or priority claims incidental to the conduct of business or the ownership of properties and assets
(including mechanics&rsquo;, carriers&rsquo;, repairers&rsquo;, warehousemen&rsquo;s and statutory landlords&rsquo; Liens) and
deposits, pledges or Liens to secure statutory obligations, surety or appeal bonds or other Liens of like general nature incurred
in the ordinary course of business and not in connection with the borrowing of money, <U>provided</U> in each case, the obligation
secured is not overdue, or, if overdue, is being contested in good faith by appropriate actions or proceedings and with respect
to which adequate reserves or other appropriate provisions are being maintained in accordance with GAAP.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Permitted
Secured Indebtedness</U>&rdquo; shall mean any Secured Indebtedness that:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;is
secured by any mechanic, laborer, workmen, repairmen, materialmen, supplier, carrier, warehousemen, landlord or vendor Lien or
any other Lien provided for by mandatory provisions of law, any order, attachment or similar legal process arising in connection
with a court or other similar proceeding, any tax, charge or assessment ruling or required by any Governmental Authority under
any other similar circumstances;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;is
incurred or assumed solely for the purpose of financing all or any part of the cost of constructing or acquiring Property, and
any Secured Indebtedness extending, renewing or replacing, in whole or in part Secured Indebtedness permitted pursuant to this
clause (b), so long as the principal amount of the Secured Indebtedness secured by such Lien does not exceed its original principal
amount;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;is
secured by Property existing prior to the acquisition of such Property or the acquisition of any Subsidiary that is the owner of
such Property and is not incurred in contemplation of such acquisition and any Secured Indebtedness extending, renewing or replacing,
in whole or in part Secured Indebtedness permitted pursuant to this clause (c), so long as the principal amount of the Secured
Indebtedness secured by such Lien does not exceed its original principal amount;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(d) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;is
owed by any Subsidiary to the Guarantor or any other Subsidiary;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(e) is secured
by any accounts receivable from or invoices to export customers (including, but not limited to, Subsidiaries), any contracts to
sell, purchase or receive commodities to or from export customers and any cash collateral and proceeds thereof;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(f) is incurred
pursuant to the Loan Documents or Transaction Documents;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(g) is secured
by accounts receivable and other related assets arising in connection with transfers thereof to the extent such transfers are treated
as true sales;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(h) is secured
by a Lien on any checking account, saving account, clearing account, futures account, deposit account, securities account, brokerage
account, custody account or other account (or on any assets held in such account), securing obligations under any agreement or
arrangement related to the opening of or provision of clearing, pooling, zero-balancing, brokerage, settlement, margin or other
services related to such account (or on any assets held in such account), which customarily exist on similar accounts (or on any
assets held in such accounts) of corporations in connection with the opening of, or provision of clearing, pooling, zero-balancing,
brokerage, settlement, margin or other services related, to such accounts; or</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(i) is incurred
in connection with letters of credit or other similar instruments issued in the normal course of business of the Guarantor or any
Subsidiary, including without limitation, obligations under reimbursement agreements.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Person</U>&rdquo;
shall mean any individual, partnership, corporation, business trust, joint stock company, trust, unincorporated association, joint
venture, limited liability company, Governmental Authority or other entity of whatever nature.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Placement
Agency Agreement</U>&rdquo; means (i) that certain Fifth Amended and Restated Placement Agency Agreement, dated as of November
17, 2014, entered into between BAFC, BL and JPMS, as Placement Agent, (ii) that certain Amended and Restated Placement Agency Agreement,
dated as of November 17, 2014, entered into between BAFC, BL and Citigroup, as Placement Agent, and (iii) each other placement
agency agreement entered into between BAFC and a Placement Agent, in each case as the same may at any time be modified or amended
and in effect.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Placement
Agent</U>&rdquo; shall mean J.P. Morgan Securities LLC and Citigroup Global Markets Inc. in their respective capacities as Placement
Agent under their respective Placement Agency Agreement, and each other placement agent appointed by BAFC pursuant to a Placement
Agency Agreement, in each case together with any successors and assigns.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Plan</U>&rdquo;
means a Single Employer Plan or a Multiple Employer Plan.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Plan Asset
Regulations</U>&rdquo; shall mean 29 CFR &sect; 2510.3-101 et seq., as modified by Section 3(42) of ERISA, as amended from time
to time.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Pooling
Agreement</U>&rdquo; shall mean the Sixth Amended and Restated Pooling Agreement, dated as of August 31, 2020, among the Company,
the Servicer and the Trustee, and all amendments thereof and supplements thereto, and including, unless expressly stated otherwise,
each Supplement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Pooling
and Servicing Agreements</U>&rdquo; shall have the meaning assigned in <U>subsection 10.01(a)</U> of the Pooling Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Potential
Early Amortization Event</U>&rdquo; shall mean an event which, with the giving of notice and/or the lapse of time, would constitute
an Early Amortization Event under the Pooling Agreement or under any Supplement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Potential
Mandatory Liquidation Event</U>&rdquo; shall mean any condition or act that, with the giving of notice or the lapse of time or
both, would become a Mandatory Liquidation Event.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Potential
Purchase Termination Event</U>&rdquo; shall mean any condition or act that, with the giving of notice or the lapse of time or both,
would become a Purchase Termination Event.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Potential
Series 2000-1 Early Amortization Event</U>&rdquo; shall mean an event which, with the giving of notice or the lapse of time or
both, would constitute a Series 2000-1 Early Amortization Event.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Potential
Series 2002-1 Early Amortization Event</U>&rdquo; shall mean an event which, with the giving of notice or the lapse of time or
both, would constitute a Series 2002-1 Early Amortization Event.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Potential
Series 2003-1 Early Amortization Event</U>&rdquo; shall mean an event which, with the giving of notice or the lapse of time or
both, would constitute a Series 2003-1 Early Amortization Event.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Potential
Servicer Default</U>&rdquo; shall mean an event which, with the giving of notice or the lapse of time or both, would constitute
a Servicer Default hereunder or under the Servicing Agreement or any Supplement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Prepayment
Request</U>&rdquo; shall have, with respect to any Series, the meaning assigned in the related Supplement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Prime Rate</U>&rdquo;
shall mean the rate of interest last quoted by The Wall Street Journal as the &ldquo;Prime Rate&rdquo; in the U.S. or, if The Wall
Street Journal ceases to quote such rate, the highest per annum interest rate published by the Federal Reserve Board in Federal
Reserve Statistical Release H.15 (519) (Selected Interest Rates) as the &ldquo;bank prime loan&rdquo; rate or, if such rate is
no longer quoted therein, any similar rate quoted therein (as determined by the Administrative Agent) or any similar release by
the Federal Reserve Board (as determined by the Administrative Agent). Each change in the Prime Rate shall be effective from and
including the date such change is publicly announced or quoted as being effective; <U>provided</U> that, if the Prime Rate as so
determined would be less than zero, such rate shall be deemed zero.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Prime Rate
Liquidity Loan</U>&rdquo; means a Liquidity Loan bearing interest based at ABR in accordance with <U>Section 3.03</U> of the Liquidity
Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Principal
Amount</U>&rdquo; shall mean, with respect to any Purchased Loan, the unpaid principal amount due thereunder.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Principal
Terms</U>&rdquo; shall have the meaning, with respect to any Series issued pursuant to a Company Exchange, assigned in <U>subsection&nbsp;5.10(c)</U>
of the Pooling Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Program
Costs</U>&rdquo; shall have, with respect to any Series, the meaning assigned in the related Supplement for such Series.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Program
Parties</U>&rdquo; shall mean BAFC, the Collateral Agent, the Depositary, each Placement Agent, the Servicer and the Guarantor.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Property</U>&rdquo;
shall mean any of the Guarantor&rsquo;s or any Subsidiary&rsquo;s present or future property including any asset, revenue, or right
to receive income or any other property, whether tangible or intangible, real or personal.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>PTE</U>&rdquo;
shall mean a prohibited transaction class exemption issued by the U.S. Department of Labor, as any such exemption may be amended
from time to time.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Publication
Date</U>&rdquo; shall have the meaning assigned in <U>subsection&nbsp;7.02(a)</U> of the Pooling Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Purchase
Termination Event</U>&rdquo; shall have the meaning assigned in <U>Section 7.01</U> of the Sale Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Purchased
Loan</U>&rdquo; shall mean all Eligible Loans sold by the Sellers to the Company and thereafter sold by the Company to the Trust
as indicated in the Daily Reports delivered to the Trustee.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Rabobank</U>&rdquo;
shall mean Co&ouml;peratieve Rabobank U.A., New York Branch, and its successors and assigns.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Rate of
Exchange</U>&rdquo; shall mean, as of the relevant date, the rate of exchange set forth on the relevant page of the Telerate screen
on or about 11:00 A.M., New York City time, for the purchase of (as the context shall require) an Approved Currency with any other
Approved Currency on such date.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Rating Agency</U>&rdquo;
shall mean, with respect to each Outstanding Series, any rating agency or agencies designated as such in the related Supplement;
<U>provided</U> that (i) in the event that no Outstanding Series has been rated, then for purposes of the definitions of &ldquo;Eligible
Institution&rdquo; and &ldquo;Eligible Investments&rdquo;, &ldquo;Rating Agency&rdquo; shall mean S&amp;P and Moody&rsquo;s; (ii)
except as provided in (i), in the event no Outstanding Series has been rated, any reference to &ldquo;Rating Agency&rdquo; or the
&ldquo;Rating Agencies&rdquo; shall be deemed to have been deleted from the Pooling Agreement, except that references to the term
&ldquo;Rating Agency Condition&rdquo; shall not be deemed deleted, but shall be modified as set forth under the definition of such
term.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Rating Agency
Condition</U>&rdquo; shall mean, with respect to any action, that each Rating Agency shall have notified the Company, the Servicer,
the Letter of Credit Agent (if applicable), the Administrative Agent (if applicable) and the Trustee in writing that such action
will not result in a reduction, qualification or withdrawal of the rating of any Outstanding Series or any Class of any such Outstanding
Series (or, if applicable, the Commercial Paper) with respect to which it is a Rating Agency; <U>provided</U> that in the event
that an Outstanding Series has not been rated, any reference to a &ldquo;Rating Agency Condition&rdquo; shall be deemed to be a
reference to the consent of Investor Certificateholders representing Fractional Undivided Interest aggregating not less than 50%
of the Invested Amount of such Series with respect to such action.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Record Date</U>&rdquo;
shall mean, with respect to the initial Distribution Date, the Business Day immediately preceding such Distribution Date and, with
respect to any other Distribution Date, the last Business Day of the immediately preceding Settlement Period.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Recoveries</U>&rdquo;
shall mean all amounts collected (net of out-of-pocket costs of collection) in respect of Defaulted Loans.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Reference
Time</U>&rdquo; shall mean with respect to any setting of the then-current Benchmark, (1) if such Benchmark is LIBOR Rate, 11:00
a.m. (London time) on the day that is two London banking days preceding the date of such setting, and (2) if such Benchmark is
not LIBOR Rate, the time determined by the Administrative Agent in its reasonable discretion.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Register</U>&rdquo;
has the meaning ascribed to it in <U>subsection 11.05(f)</U> of the Liquidity Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Regulation
D</U>&rdquo; shall mean Regulation D of the Federal Reserve Board, as in effect from time to time and all official rulings and
interpretations thereunder or thereof.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Regulation
U</U>&rdquo; shall mean Regulation U of the Federal Reserve Board, as in effect from time to time and all official rulings and
interpretations thereunder or thereof.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Regulation
X</U>&rdquo; shall mean Regulation X of the Federal Reserve Board, as in effect from time to time and all official rulings and
interpretations thereunder or thereof.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Related
Property</U>&rdquo; shall mean, with respect to each Purchased Loan:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;all
security interests or Liens and property subject thereto from time to time purporting to secure payment of such Purchased Loan,
whether pursuant to the Loan Documents related to such Purchased Loan or otherwise, together with all financing statements signed
by an Obligor describing any collateral securing such Purchased Loan; and</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;all
guarantees, insurance and other agreements or arrangements of whatever character from time to time supporting or securing payment
of such Purchased Loan whether pursuant to the Loan Documents related to such Purchased Loan or otherwise;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">including in the case of clauses (a)
and (b), without limitation, any rights described therein evidenced by an account, note, instrument, contract, security agreement,
chattel paper, general intangible or other evidence of indebtedness or security.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Relevant
Governmental Body</U>&rdquo; shall mean the Board of Governors of the Federal Reserve System or the Federal Reserve Bank of New
York, or a committee officially endorsed or convened by the Board of Governors of the Federal Reserve System or the Federal Reserve
Bank of New York, or any successor thereto.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Repayment
Amount</U>&rdquo; shall have the meaning assigned to such term in <U>Section 2.03</U> of the Letter of Credit Reimbursement Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Replacement
Person</U>&rdquo; means a Liquidity Bank that replaces a removed Liquidity Bank as described in <U>subsection 4.05(d)</U> of the
Liquidity Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Reportable
Event</U>&rdquo; shall mean any reportable event as defined in Section 4043(b) of ERISA or the regulations issued thereunder with
respect to a Plan (other than a Plan maintained by an ERISA Affiliate which is considered an ERISA Affiliate only pursuant to subsection
(m) or (o) of Section 414 of the Code).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Requirement
of Law</U>&rdquo; for any Person shall mean the certificate of incorporation and by-laws or other organizational or governing documents
of such Person, and any law, treaty, rule or regulation, or determination of an arbitrator or a court or other Governmental Authority,
in each case applicable to or binding upon such Person or any of its property or to which such Person or any of its property is
subject.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Reserve
Account</U>&rdquo; shall have the meaning assigned to such term in <U>Section&nbsp;5.7</U> of the Security Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Resignation
Notice</U>&rdquo; shall have the meaning assigned in <U>subsection 6.02(a)</U> of the Servicing Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Resolution
Authority</U>&rdquo; shall mean an EEA Resolution Authority or, with respect to any UK Financial Institution, a UK Resolution Authority.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Responsible
Officer</U>&rdquo; shall mean (i) when used with respect to the Trustee, any officer within the Corporate Trust Office of the Trustee
including any Vice President, any Assistant Vice President, Trust Officer or Assistant Trust Officer or any other officer of the
Trustee customarily performing functions similar to those performed by any of the above designated officers and (ii) when used
with respect to any other Person, any member of the Board, the Chief Executive Officer, the President, the Chief Financial Officer,
the Treasurer or any Vice President of such Person or any other officer of such Person customarily performing functions similar
to those performed by any of the above-designated officers.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Restricted
Party</U>&rdquo; shall mean any Person listed:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;in
the Annex to the Executive Order;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;on
the &ldquo;Specially Designated Nationals and Blocked Persons&rdquo; list maintained by OFAC; or</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;in
any successor list to either of the foregoing.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Restricted
Payments</U>&rdquo; shall have the meaning assigned in <U>subsection 7.03(a)</U> of the Series 2000-1 Supplement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Restricted
Person</U>&rdquo; shall mean a Person that is (a) listed on, or owned 50% or more by or controlled by a Person listed on any applicable
Sanctions List; or (b) located in, a resident of, organized under the laws of, or owned or controlled by, or acting on behalf of,
a Person located in or organized under the laws of a country or territory that is or whose government is the target of any applicable
country-wide Sanctions. For the purposes of this definition, &ldquo;control&rdquo; means the possession of the power to direct
or cause the direction of the management or policies of a Person, whether through the ability to exercise voting power, by contract
or otherwise. The term &ldquo;controlled&rdquo; has the meaning correlative thereto.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Revolving
Period</U>&rdquo; shall have, with respect to any Outstanding Series, the definition assigned to such term in the related Supplement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Sanctions</U>&rdquo;
shall mean any applicable economic sanctions laws, regulations, embargoes or restrictive measures administered, enacted or enforced
by: (i) the United States government; (ii) the United Nations; (iii) the European Union; (iv) the United Kingdom; (v) the relevant
authorities of Switzerland; or (vi) the respective governmental institutions and agencies of any of the foregoing, including without
limitation, the Office of Foreign Assets Control of the US Department of the Treasury (&ldquo;<U>OFAC</U>&rdquo;), the United States
Department of State, and Her Majesty&rsquo;s Treasury (together &ldquo;<U>Sanctions Authorities</U>&rdquo;).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Sanctions
Authorities</U>&rdquo; shall have the meaning assigned to such term in the definition of &ldquo;<U>Sanctions</U>.&rdquo;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Sanctions
List</U>&rdquo; shall mean any applicable list issued, maintained or made public by any of the Sanctions Authorities, including,
but not limited to the &ldquo;Specially Designated Nationals and Blocked Persons&rdquo; list issued by OFAC, the Consolidated List
of Financial Sanctions Targets issued by Her Majesty&rsquo;s Treasury, or any similar applicable list issued or maintained or made
public by any of the Sanctions Authorities.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>S&amp;P</U>&rdquo;
shall mean S&amp;P Global Ratings or any successor thereto.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Sale Agreement</U>&rdquo;
shall mean the Second Amended and Restated Sale Agreement, dated as of September 6, 2002, among the Sellers and the Company, as
amended, supplemented or otherwise modified from time to time in accordance with the Transaction Documents.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Second Extension
Liquidity Commitment Expiration Date</U>&rdquo; shall mean either (a) the date falling twelve (12) Months after the First Extension
Liquidity Commitment Expiration Date; or (b) if the First Liquidity Commitment Extension Request has not been granted or, with
respect to Liquidity Banks who have refused the First Liquidity Commitment Extension Request, the date falling twenty-four (24)
Months after the Original Liquidity Commitment Expiration Date, or, in each case, if such day is not a Business Day, the preceding
Business Day.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Second Liquidity
Commitment Extension Request</U>&rdquo; shall have the meaning assigned to such term in <U>Section 4.03(b)(ii)</U> of the Liquidity
Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Secured
Indebtedness</U>&rdquo; shall mean all Indebtedness incurred by the Guarantor and any of its Subsidiaries (without duplication)
which is secured by Property pledged by the Guarantor or any Subsidiary.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Secured
Parties</U>&rdquo; shall mean the Liquidity Banks, the Administrative Agent, the Letter of Credit Agent, the Letter of Credit Banks,
the Commercial Paper Holders, the Collateral Agent and the respective successors and assigns of each of the forgoing.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Securities
Act</U>&rdquo; shall mean the United States Securities Act of 1933, as amended.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Security
Agreement</U>&rdquo; shall mean the Fifth Amended and Restated Security Agreement, dated as of November 17, 2014, among BAFC, the
Servicer, the Administrative Agent, the Letter of Credit Agent and the Collateral Agent, as amended, supplemented or otherwise
modified from time to time in accordance with the Transaction Documents.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Security
Agreement Event of Default</U>&rdquo; shall have the meaning assigned in <U>Section 3.4</U> of the Security Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Sellers</U>&rdquo;
shall mean Bunge Finance and Bunge Finance North America and their respective successors and permitted assigns and any additional
Seller that becomes a party to the Sale Agreement in accordance with the terms of the Transaction Documents.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Seller Addition
Date</U>&rdquo; shall have the meaning assigned in <U>Section 3.05</U> of the Sale Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Seller Adjustment
Payment</U>&rdquo; shall have the meaning assigned in <U>subsection 2.05(a)</U> of the Sale Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Seller Documents</U>&rdquo;
shall have the meaning assigned in <U>subsection 7.02(b)(iii)</U> of the Sale Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Seller Indemnified
Liabilities</U>&rdquo; shall have the meaning assigned in <U>Section 8.02</U> of the Sale Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Seller Purchase
Price</U>&rdquo; shall have the meaning assigned in <U>Section 2.02</U> of the Sale Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Sender</U>&rdquo;
shall have the meaning assigned to such term in <U>Section 34</U> of the Depositary Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Senior Obligations</U>&rdquo;
shall have the meaning assigned to such term in the Subordination Agreement.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series</U>&rdquo;
shall mean any series of Investor Certificates the terms of which are set forth in a Supplement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2000-1</U>&rdquo;
shall mean the Series of Investor Certificates, the Principal Terms of which are set forth in the Series 2000-1 Supplement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2000-1
Accrued Interest</U>&rdquo; shall have the meaning assigned in <U>subsection 3A.03</U> of the Series 2000-1 Supplement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2000-1
Adjusted Invested Amount</U>&rdquo; shall mean, as of any date of determination, (i) the Series 2000-1 Invested Amount on such
date, <U>minus</U> (ii) the amount on deposit in the Series 2000-1 Collection Subaccount on such date that is unconditionally available
to reduce the Series 2000-1 Invested Amount up to a maximum of the Series 2000-1 Invested Amount.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2000-1
Aggregate Unpaids</U>&rdquo; shall mean, at any time, an amount equal to the sum of (i) the Series 2000-1 Invested Amount, (ii)
the Series 2000-1 Accrued Interest, (iii) all Series 2000-1 Program Costs previously accrued and unpaid, and (iv) all other amounts
owed (whether due or accrued) under the Transaction Documents by the Company, the Servicer, the Sellers or BAFC to the Secured
Parties at such time.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2000-1
Allocable Charged-Off Amount</U>&rdquo; shall mean, with respect to any Special Allocation Settlement Report Date, the &ldquo;<U>Allocable
Charged-Off Amount</U>&rdquo;, if any, that has been allocated to Series 2000-1.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2000-1
Allocable Recoveries Amount</U>&rdquo; shall mean, with respect to any Special Allocation Settlement Report Date, the &ldquo;<U>Allocable
Recoveries Amount</U>&rdquo;, if any, that has been allocated to Series 2000-1.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2000-1
Allocated Loan Amount</U>&rdquo; shall mean, on any date of determination, the lower of (i) the Series 2000-1 Target Loan Amount
on such day and (ii) the product of (x) the Aggregate Loan Amount on such day <U>times</U> (y) the percentage equivalent of a fraction
the numerator of which is the Series 2000-1 Target Loan Amount on such day and the denominator of which is the Aggregate Target
Loan Amount on such day.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2000-1
Amortization Period</U>&rdquo; shall mean the period commencing on the Business Day following the earlier to occur of (i) the date
on which a Series 2000-1 Early Amortization Period is declared to commence or automatically commences and (ii) the Series 2000-1
Commitment Termination Date and ending on the date when the Series 2000-1 Invested Amount shall have been reduced to zero and all
Series 2000-1 Accrued Interest and other amounts owing on the Series 2000-1 VFC Certificate and to the Secured Parties under the
Transaction Documents shall have been paid.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2000-1
Applicable Margin</U>&rdquo; shall mean the per annum rate set forth below based on the higher of the Applicable S&amp;P Rating
and the Applicable Moody&rsquo;s Rating:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="font: 12pt Times New Roman, Times, Serif; width: 70%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0"><U>Rating</U></P></TD>
    <TD STYLE="width: 50%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">Series 2000-1 <U>Applicable Margin</U></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">A-/A3 or higher</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">BBB+/Baa1</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">BBB/Baa2</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">BBB-/Baa3</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">BB+/Ba1 or lower</P></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">1.00%</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">1.125%</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">1.25%</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">1.375%</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">1.625%</P></TD></TR>
</TABLE>
<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2000-1
Certificate Rate</U>&rdquo; shall mean on any date of determination, the average (weighted based on the respective outstanding
amounts of the Series 2000-1 Floating Tranche, each Series 2000-1 CP Tranche and each Series 2000-1 Eurodollar Tranche) of ABR,
the Series 2000-1 CP Rate and LIBOR Rate in effect on such day <U>plus</U>, in each case, the Series 2000-1 Applicable Margin and
the Series 2000-1 Excess Margin.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2000-1
Collection Subaccount</U>&rdquo; shall have the meaning assigned in <U>subsection 3A.02(a)</U> of the Series 2000-1 Supplement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2000-1
Collections</U>&rdquo; shall mean, with respect to any Business Day, an amount equal to the product of (i) the Series 2000-1 Invested
Percentage on such Business Day and (ii) aggregate Collections deposited in the Collection Account on such Business Day.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2000-1
Commitment Period</U>&rdquo; shall mean the period commencing on the Series 2000-1 Issuance Date and terminating on the Series
2000-1 Commitment Termination Date.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2000-1
Commitment Termination Date</U>&rdquo; shall mean the earliest to occur of (a) the L/C Termination Date, (b) the Liquidity Commitment
Expiration Date, (c) an Event of Default or a Default shall have occurred and be continuing or (d) a Series 2000-1 Early Amortization
Event or a Potential Series 2000-1 Early Amortization Event shall have occurred and be continuing.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2000-1
CP Rate</U>&rdquo; shall mean with respect to any Series 2000-1 CP Rate Period, the rate equivalent to the rate (or if more than
one rate, the weighted average of the rates) at which Commercial Paper having a term equal to such Series 2000-1 CP Rate Period
may be sold by a Placement Agent or any other placement agent or commercial paper dealer selected by BAFC, plus the amount of any
Placement Agent or commercial paper dealer fees and commissions incurred or to be incurred in connection with such sale; <U>provided</U>,
<U>however</U>, that if the rate (or rates) as agreed between any such agent or dealer and BAFC is a discount rate, the &ldquo;Series
2000-1 CP Rate&rdquo; shall mean the rate equivalent to the rate (or if more than one rate, the weighted average of the rates)
resulting from BAFC&rsquo;s converting such discount rate (or rates) to an interest-bearing equivalent rate per annum.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2000-1
CP Rate Period</U>&rdquo; shall mean, with respect to any Series 2000-1 CP Tranche, a period of days not to exceed one hundred
and eighty (180) days commencing on a Business Day. If a Series 2000-1 CP Rate Period would end on a day which is not a Business
Day, such Series 2000-1 CP Rate Period shall end on the next succeeding Business Day.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2000-1
CP Tranche</U>&rdquo; shall mean a portion of the Series 2000-1 Invested Amount for which the Series 2000-1 Accrued Interest is
calculated by reference to a particular Series 2000-1 CP Rate and a particular Series 2000-1 CP Rate Period.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2000-1
Currency Collection Sub-subaccount</U>&rdquo; shall have the meaning assigned in <U>subsection 3A.02(a)</U> of the Series 2000-1
Supplement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2000-1
Daily Interest Expense</U>&rdquo; for any day, shall mean the sum of (A) the product of (i) the portion of the Series 2000-1 Invested
Amount (calculated without regard to clauses (d) and (e) of the definition of Series 2000-1 Invested Amount) allocable to the Series
2000-1 Floating Tranche on such day <U>divided by</U> 365 and (ii) the ABR <U>plus</U> the sum of the Series 2000-1 Applicable
Margin and the Series 2000-1 Excess Margin in effect on such day, (B)
the product of (i) the portion of the Series 2000-1 Invested Amount (calculated without regard to clauses (d) and (e) of the definition
of Series 2000-1 Invested Amount) allocable to each Series 2000-1 Eurodollar Tranche on such day <U>divided by</U> 360 and (ii)
the LIBOR Rate applicable to each Series 2000-1 Eurodollar Tranche <U>plus</U> the sum of the Series 2000-1 Applicable Margin and
the Series 2000-1 Excess Margin on such day in effect with respect thereto, and (C) the product of (i) the Series 2000-1 Invested
Amount (calculated without regard to clauses (d) and (e) of the definition of Series 2000-1 Invested Amount) allocable to Series
2000-1 CP Tranches on such day <U>divided by</U> 360 and (ii) the Series 2000-1 CP Rate allocable to each Series 2000-1 CP Tranche;
<U>provided</U>, <U>however</U>, that for any such day during the continuation of a Series 2000-1 Early Amortization Period, the
&ldquo;<U>Series 2000-1 Daily Interest Expense</U>&rdquo; for such day shall be equal to the greater of (i) the sum of the amounts
calculated pursuant to clauses (A), (B) and (C) above and (ii) the product of (x) the Series 2000-1 Invested Amount on such day
<U>divided by</U> 365 and (y) the ABR in effect on such day <U>plus</U> 2.00% per annum.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2000-1
Decrease</U>&rdquo; shall have the meaning assigned in <U>subsection 2.06(a)</U> of the Series 2000-1 Supplement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2000-1
Early Amortization Event</U>&rdquo; shall have the meanings assigned in <U>Section 5.01</U> of the Series 2000-1 Supplement and
<U>Section 7.01</U> of the Pooling Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2000-1
Early Amortization Period</U>&rdquo; shall have the meanings assigned in <U>Section 5.01</U> of the Series 2000-1 Supplement and
<U>Section 7.01</U> of the Pooling Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2000-1
Eurodollar Tranche</U>&rdquo; shall mean a portion of the Series 2000-1 Invested Amount for which the Series 2000-1 Accrued Interest
is calculated by reference to the LIBOR Rate determined by reference to a particular Interest Period for the related LIBOR Liquidity
Loan.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2000-1
Excess Margin</U>&rdquo; shall mean for each Series 2000-1 Tranche, a rate per annum as determined from time to time by BAFC and
the Company.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2000-1
Floating Tranche</U>&rdquo; shall mean that portion of the Series 2000-1 Invested Amount related to Liquidity Loans for which the
Series 2000-1 Accrued Interest is calculated by reference to ABR.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2000-1
Increase</U>&rdquo; shall have the meaning assigned in <U>subsection 2.05(a)</U> of the Series 2000-1 Supplement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2000-1
Increase Amount</U>&rdquo; shall have the meaning assigned in <U>subsection 2.05(a)</U> of the Series 2000-1 Supplement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2000-1
Increase Date</U>&rdquo; shall have the meaning assigned in <U>subsection 2.05(a)</U> of the Series 2000-1 Supplement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2000-1
Indemnified Amounts</U>&rdquo; shall have the meaning assigned in <U>subsection&nbsp;2.08(a)</U> of the Series 2000-1 Supplement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2000-1
Indemnified Parties</U>&rdquo; shall have the meaning assigned in <U>subsection&nbsp;2.08(a)</U> of the Series 2000-1 Supplement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2000-1
Initial Invested Amount</U>&rdquo; shall mean $0.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2000-1
Invested Amount</U>&rdquo; shall mean, as of any date of determination, with respect to the Series 2000-1 Purchaser on the Series
2000-1 Issuance Date, an amount equal to the Series 2000-1 Initial Invested Amount or on any date of determination thereafter,
an amount equal to (a) the Series 2000-1 Purchaser&rsquo;s Series 2000-1 Invested Amount on the immediately preceding Business
Day <U>plus</U> (b) the amount of any increases in the Series 2000-1 Purchaser&rsquo;s Series 2000-1 Invested Amount pursuant to
<U>Section 2.05</U> of the Series 2000-1 Supplement made on such day, <U>minus</U> (c) the amount of any distributions received
and applied to the Series 2000-1 Purchaser pursuant to <U>Section 2.06</U> or <U>subsection 3A.05(a)(ii)</U> or <U>subsection 3A.05(b)(ii)</U>
of the Series 2000-1 Supplement on such day, <U>minus</U> (d) the aggregate Series 2000-1 Allocable Charged-Off Amount allocable
to the Series 2000-1 VFC Beneficial Interest of the Series 2000-1 Purchaser on or prior to such date pursuant to <U>subsection
3A.04(a)</U> of the Series 2000-1 Supplement, <U>plus</U> (e) (but only to the extent of any unreimbursed reductions made pursuant
to clause (d) above) the aggregate Series 2000-1 Allocable Recoveries Amount allocable to the Series 2000-1 VFC Beneficial Interest
of the Series 2000-1 Purchaser on or prior to such date pursuant to <U>subsection 3A.04(b)</U> of the Series 2000-1 Supplement.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2000-1
Invested Percentage</U>&rdquo; shall mean, with respect to any Business Day (i) during the Series 2000-1 Revolving Period, the
percentage equivalent of a fraction, the numerator of which is the Series 2000-1 Allocated Loan Amount as of the end of the immediately
preceding Business Day and the denominator of which is the greater of (A) the Aggregate Loan Amount as of the end of the immediately
preceding Business Day and (B) the sum of the numerators used to calculate the Invested Percentage for all Outstanding Series on
the Business Day for which such percentage is determined and (ii) during the Series 2000-1 Amortization Period, the percentage
equivalent of a fraction, the numerator of which is the Series 2000-1 Allocated Loan Amount as of the end of the last Business
Day of the Series 2000-1 Revolving Period (<U>provided</U> that if during the Series 2000-1 Amortization Period, the amortization
periods of all other Outstanding Series which were outstanding prior to the commencement of the Series 2000-1 Amortization Period
commence, then, from and after the date the last of such series commences its Amortization Period, the numerator shall be the Series
2000-1 Allocated Loan Amount as of the end of the Business Day preceding such date) and the denominator of which is the greater
of (A) the Aggregate Loan Amount as of the end of the immediately preceding Business Day and (B) the sum of the numerators used
to calculate the Invested Percentage for all Outstanding Series on the Business Day for which such percentage is determined.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2000-1
Issuance Date</U>&rdquo; shall mean August 25, 2000.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2000-1
Maximum Invested Amount</U>&rdquo; shall mean, as of any day, the lesser of (i) $600,000,000 and (ii) the Aggregate Liquidity Commitment.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2000-1
Monthly Servicing Fee</U>&rdquo; shall have the meaning assigned in <U>Section 6.01</U> of the Series 2000-1 Supplement</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2000-1
Principal Payment</U>&rdquo; shall have the meaning assigned in <U>subsection 3A.05 (a)(ii)</U> of the Series 2000-1 Supplement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2000-1
Program Costs</U>&rdquo; shall mean, for any Business Day, the sum of (i) all fees, expenses, indemnities and other amounts due
and payable to the Series 2000-1 Purchaser, the Administrative Agent, the Liquidity Banks, the Letter of Credit Agent, the Letter
of Credit Banks and the other Secured Parties under the Transaction Documents (including, without limitation, all Collateral Agent
Expenses and all Contract Rate Fees), (ii) the product of (A) all unpaid fees and expenses due and payable to counsel to, and independent
auditors of, the Company (other than fees and expenses payable on or in connection with the closing of the issuance of the Series
2000-1 VFC Certificate) and (B) the Series 2000-1 Invested Percentage on such Business Day, (iii) all unpaid fees and expenses
due and payable to counsel to, and independent auditors of, BAFC (other than fees and expenses payable on or in connection with
the closing of the issuance of the Series 2000-1 VFC Certificate) and (iv) all unpaid fees and expenses due and payable to the
Series 2000-1 Rating Agencies.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2000-1
Purchaser</U>&rdquo; shall mean BAFC, including its successors and assigns.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2000-1
Rating Agencies</U>&rdquo; shall mean the collective reference to S&amp;P and Moody&rsquo;s.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2000-1
Revolving Period</U>&rdquo; shall mean the period commencing on the Series 2000-1 Issuance Date and terminating on the earlier
to occur of the close of business on (i) the date on which a Series 2000-1 Early Amortization Period is declared to commence or
automatically commences and (ii) three (3) Business Days prior to the Series 2000-1 Commitment Termination Date.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2000-1
Target Loan Amount</U>&rdquo; shall mean, on any date of determination, the sum of (i) the Series 2000-1 Adjusted Invested Amount
on such day <U>plus</U> (ii) the result of (a) Series 2000-1 Accrued Interest on such day <U>minus</U> (b) the amount on deposit
in the Series 2000-1 Collection Subaccount on such day that is unconditionally available to pay such Series 2000-1 Accrued Interest.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2000-1
Tranche</U>&rdquo; shall mean any Series 2000-1 CP Tranche, Series 2000-1 Floating Tranche or Series 2000-1 Eurodollar Tranche.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2000-1
VFC Beneficial Interest</U>&rdquo; shall mean each percentage interest in the Series 2000-1 VFC Certificate acquired by the Series
2000-1 Purchaser in connection with the initial purchase of such Series 2000-1 VFC Certificate or any Series 2000-1 Increase in
the Series 2000-1 Invested Amount.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2000-1
VFC Certificate</U>&rdquo; shall mean the Series 2000-1 VFC Certificate executed by the Company and authenticated by or on behalf
of the Trustee, substantially in the form of Exhibit A attached to the Series 2000-1 Supplement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2000-1
VFC Certificateholder(s)</U>&rdquo; shall mean the registered holder of the Series 2000-1 VFC Certificate.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2000-1
VFC Certificateholder&rsquo;s Interest</U>&rdquo; shall have the meaning assigned in <U>subsection 2.02(a)</U> of the Series 2000-1
Supplement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2002-1</U>&rdquo;
shall mean the Series of Investor Certificates, the Principal Terms of which are set forth in the Series 2002-1 Supplement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2002-1
Accrued Interest</U>&rdquo; shall have the meaning assigned in <U>subsection 3A.03</U> of the Series 2002-1 Supplement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2002-1
Adjusted Invested Amount</U>&rdquo; shall mean, as of any date of determination, (i) the Series 2002-1 Invested Amount on such
date, <U>minus</U> (ii) the amount on deposit in the Series 2002-1 Collection Subaccount on such date that is unconditionally available
to reduce the Series 2002-1 Invested Amount up to a maximum of the Series 2002-1 Invested Amount.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2002-1
Aggregate Unpaids</U>&rdquo; shall mean, at any time, an amount equal to the sum of (i) the Series 2002-1 Invested Amount and (ii)
the Series 2002-1 Accrued Interest.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2002-1
Allocable Charged-Off Amount</U>&rdquo; shall mean, with respect to any Special Allocation Settlement Report Date, the &ldquo;<U>Allocable
Charged-Off Amount</U>&rdquo;, if any, that has been allocated to Series 2002-1.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2002-1
Allocable Recoveries Amount</U>&rdquo; shall mean, with respect to any Special Allocation Settlement Report Date, the &ldquo;<U>Allocable
Recoveries Amount</U>&rdquo;, if any, that has been allocated to Series 2002-1.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2002-1
Allocated Loan Amount</U>&rdquo; shall mean, on any date of determination, the lower of (i) the Series 2002-1 Target Loan Amount
on such day and (ii) the product of (x) the Aggregate Loan Amount on such day <U>times</U> (y) the percentage equivalent of a fraction
the numerator of which is the Series 2002-1 Target Loan Amount on such day and the denominator of which is the Aggregate Target
Loan Amount on such day.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2002-1
Amortization Period</U>&rdquo; shall mean the period commencing on the Business Day following the date on which a Series 2002-1
Early Amortization Period is declared to commence or automatically commences and ending on the earlier of (a) the date when the
Series 2002-1 Invested Amount shall have been reduced to zero and all Series 2002-1 Accrued Interest shall have been paid and (b)
the Series 2002-1 Termination Date.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2002-1
Certificate Rate</U>&rdquo; shall mean a rate determined from time to time by BLFC which shall at all times be higher than the
weighted average cost of funds for BLFC.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2002-1
Collection Subaccount</U>&rdquo; shall have the meaning assigned in <U>subsection 3A.02(a)</U> of the Series 2002-1 Supplement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2002-1
Collections</U>&rdquo; shall mean, with respect to any Business Day, an amount equal to the product of (i) the Series 2002-1 Invested
Percentage on such Business Day and (ii) aggregate Collections deposited in the Collection Account on such Business Day.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2002-1
Currency Collection Sub-subaccount</U>&rdquo; shall have the meaning assigned in <U>subsection 3A.02(a)</U> of the Series 2002-1
Supplement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2002-1
Daily Interest Expense</U>&rdquo; for any day, shall mean the product of (i) the Series 2002-1 Invested Amount (calculated without
regard to clauses (d) and (e) of the definition of Series 2002-1 Invested Amount) on such day <U>divided by</U> 360 and (ii) the
Series 2002-1 Certificate Rate in effect for such day.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2002-1
Decrease</U>&rdquo; shall have the meaning assigned in <U>Section 2.06</U> of the Series 2002-1 Supplement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2002-1
Early Amortization Event</U>&rdquo; shall have the meanings assigned in <U>Section 5.01</U> of the Series 2002-1 Supplement and
<U>Section 7.01</U> of the Pooling Agreement.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2002-1
Early Amortization Period</U>&rdquo; shall have the meanings assigned in <U>Section 5.01</U> of the Series 2002-1 Supplement and
<U>Section 7.01</U> of the Pooling Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2002-1
Increase</U>&rdquo; shall have the meaning assigned in <U>subsection 2.05(a)</U> of the Series 2002-1 Supplement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2002-1
Increase Amount</U>&rdquo; shall have the meaning assigned in <U>subsection 2.05(a)</U> of the Series 2002-1 Supplement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2002-1
Increase Date</U>&rdquo; shall have the meaning assigned in <U>subsection 2.05(a)</U> of the Series 2002-1 Supplement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2002-1
Initial Invested Amount</U>&rdquo; shall mean $0.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2002-1
Invested Amount</U>&rdquo; shall mean, as of any date of determination, with respect to the Series 2002-1 Purchaser on the Series
2002-1 Issuance Date, an amount equal to the Series 2002-1 Initial Invested Amount or on any date of determination thereafter,
an amount equal to (a) the Series 2002-1 Purchaser&rsquo;s Series 2002-1 Invested Amount on the immediately preceding Business
Day <U>plus</U> (b) the amount of any increases in the Series 2002-1 Purchaser&rsquo;s Series 2002-1 Invested Amount pursuant to
<U>Section 2.05</U> of the Series 2002-1 Supplement made on such day, <U>minus</U> (c) the amount of any distributions received
and applied to the Series 2002-1 Purchaser pursuant to <U>subsection 3A.05(a)(ii)</U> or <U>subsection 3A.05(b)(ii)</U> of the
Series 2002-1 Supplement on such day, <U>minus</U> (d) the aggregate Series 2002-1 Allocable Charged-Off Amount allocable to the
Series 2002-1 VFC Beneficial Interest of the Series 2002-1 Purchaser on or prior to such date pursuant to <U>subsection 3A.04(a)</U>
of the Series 2002-1 Supplement, <U>plus</U> (e) (but only to the extent of any unreimbursed reductions made pursuant to clause
(d) above) the aggregate Series 2002-1 Allocable Recoveries Amount allocable to the Series 2002-1 VFC Beneficial Interest of the
Series 2002-1 Purchaser on or prior to such date pursuant to <U>subsection 3A.04(b)</U> of the Series 2002-1 Supplement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2002-1
Invested Percentage</U>&rdquo; shall mean, with respect to any Business Day (i) during the Series 2002-1 Revolving Period, the
percentage equivalent of a fraction, the numerator of which is the Series 2002-1 Allocated Loan Amount as of the end of the immediately
preceding Business Day and the denominator of which is the greater of (A) the Aggregate Loan Amount as of the end of the immediately
preceding Business Day and (B) the sum of the numerators used to calculate the Invested Percentage for all Outstanding Series on
the Business Day for which such percentage is determined and (ii) during the Series 2002-1 Amortization Period, the percentage
equivalent of a fraction, the numerator of which is the Series 2002-1 Allocated Loan Amount as of the end of the last Business
Day of the Series 2002-1 Revolving Period (<U>provided</U> that if during the Series 2002-1 Amortization Period, the amortization
periods of all other Outstanding Series which were outstanding prior to the commencement of the Series 2002-1 Amortization Period
commence, then, from and after the date the last of such series commences its Amortization Period, the numerator shall be the Series
2002-1 Allocated Loan Amount as of the end of the Business Day preceding such date) and the denominator of which is the greater
of (A) the Aggregate Loan Amount as of the end of the immediately preceding Business Day and (B) the sum of the numerators used
to calculate the Invested Percentage for all Outstanding Series on the Business Day for which such percentage is determined.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2002-1
Issuance Date</U>&rdquo; shall mean February 26, 2002.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2002-1
Maximum Invested Amount</U>&rdquo; shall mean, as of any day, $12,000,000,000, calculated by converting Approved Currencies other
than Dollars into Dollars at the Rate of Exchange.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2002-1
Monthly Servicing Fee</U>&rdquo; shall have the meaning assigned in <U>Section 6.01</U> of the Series 2002-1 Supplement</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2002-1
Principal Payment</U>&rdquo; shall have the meaning assigned in <U>subsection 3A.05 (a)(ii)</U> of the Series 2002-1 Supplement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2002-1
Purchaser</U>&rdquo; shall mean BLFC, including its successors and assigns.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2002-1
Revolving Period</U>&rdquo; shall mean the period commencing on the Series 2002-1 Issuance Date and terminating on the close of
business on the date on which a Series 2002-1 Early Amortization Period is declared to commence or automatically commences.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2002-1
Target Loan Amount</U>&rdquo; shall mean, on any date of determination, the sum of (i) the Series 2002-1 Adjusted Invested Amount
on such day <U>plus</U> (ii) the result of (a) Series 2002-1 Accrued Interest on such day <U>minus</U> (b) the amount on deposit
in the Series 2002-1 Collection Subaccount on such day that is unconditionally available to pay such Series 2002-1 Accrued Interest.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2002-1
Termination Date</U>&rdquo; shall mean the date that occurs one hundred and eighty (180) days after the last day of the Series
2002-1 Revolving Period.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2002-1
VFC Beneficial Interest</U>&rdquo; shall mean each percentage interest in the Series 2002-1 VFC Certificate acquired by the Series
2002-1 Purchaser in connection with the initial purchase of such Series 2002-1 VFC Certificate or any Series 2002-1 Increase in
the Series 2002-1 Invested Amount.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2002-1
VFC Certificate</U>&rdquo; shall mean the Series 2002-1 VFC Certificate executed by the Company and authenticated by or on behalf
of the Trustee, substantially in the form of Exhibit A attached to the Series 2002-1 Supplement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2002-1
VFC Certificateholder(s)</U>&rdquo; shall mean the registered holder of the Series 2002-1 VFC Certificate.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2002-1
VFC Certificateholder&rsquo;s Interest</U>&rdquo; shall have the meaning assigned in <U>subsection 2.02(a)</U> of the Series 2002-1
Supplement.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2003-1</U>&rdquo;
shall mean the Series of Investor Certificates, the Principal Terms of which are set forth in the Series 2003-1 Supplement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2003-1
Accrued Interest</U>&rdquo; shall have the meaning assigned in <U>subsection 3A.03</U> of the Series 2003-1 Supplement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2003-1
Adjusted Invested Amount</U>&rdquo; shall mean, as of any date of determination, (i) the Series 2003-1 Invested Amount on such
date, <U>minus</U> (ii) the amount on deposit in the Series 2003-1 Collection Subaccount on such date that is available to reduce
the Series 2003-1 Invested Amount up to a maximum of the Series 2003-1 Invested Amount.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2003-1
Aggregate Unpaids</U>&rdquo; shall mean, at any time, an amount equal to the sum of (i) the Series 2003-1 Invested Amount and (ii)
the Series 2003-1 Accrued Interest.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2003-1
Allocable Charged-Off Amount</U>&rdquo; shall mean, with respect to any Special Allocation Settlement Report Date, the &ldquo;<U>Allocable
Charged-Off Amount</U>&rdquo;, if any, that has been allocated to Series 2003-1.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2003-1
Allocable Recoveries Amount</U>&rdquo; shall mean, with respect to any Special Allocation Settlement Report Date, the &ldquo;<U>Allocable
Recoveries Amount</U>&rdquo;, if any, that has been allocated to Series 2003-1.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2003-1
Allocated Loan Amount</U>&rdquo; shall mean, on any date of determination, the lower of (i) the Series 2003-1 Target Loan Amount
on such day and (ii) the product of (x) the Aggregate Loan Amount on such day <U>times</U> (y) the percentage equivalent of a fraction
the numerator of which is the Series 2003-1 Target Loan Amount on such day and the denominator of which is the Aggregate Target
Loan Amount on such day.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2003-1
Amortization Period</U>&rdquo; shall mean the period commencing on the Business Day following the date on which a Series 2003-1
Early Amortization Period is declared to commence or automatically commences and ending on the earlier of (a) the date when the
Series 2003-1 Invested Amount shall have been reduced to zero and all Series 2003-1 Accrued Interest shall have been paid and (b)
the Series 2003-1 Termination Date.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2003-1
Certificate Rate</U>&rdquo; shall mean a rate determined from time to time by BFE which shall at all times be higher than the weighted
average cost of funds for BFE.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2003-1
Collection Subaccount</U>&rdquo; shall have the meaning assigned in <U>subsection 3A.02(a)</U> of the Series 2003-1 Supplement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2003-1
Collections</U>&rdquo; shall mean, with respect to any Business Day, an amount equal to the product of (i) the Series 2003-1 Invested
Percentage on such Business Day and (ii) aggregate Collections deposited in the Collection Account on such Business Day.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2003-1
Currency Collection Sub-subaccount</U>&rdquo; shall have the meaning assigned in <U>subsection 3A.02(a)</U> of the Series 2003-1
Supplement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2003-1
Daily Interest Expense</U>&rdquo; for any day, shall mean the product of (i) the Series 2003-1 Invested Amount (calculated without
regard to clauses (d) and (e) of the definition of Series 2003-1 Invested Amount) on such day <U>divided by</U> 360 and (ii) the
Series 2003-1 Certificate Rate in effect for such day.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2003-1
Decrease</U>&rdquo; shall have the meaning assigned in <U>Section 2.06</U> of the Series 2003-1 Supplement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2003-1
Early Amortization Event</U>&rdquo; shall have the meanings assigned in <U>Section 5.01</U> of the Series 2003-1 Supplement and
<U>Section 7.01</U> of the Pooling Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2003-1
Early Amortization Period</U>&rdquo; shall have the meanings assigned in <U>Section 5.01</U> of the Series 2003-1 Supplement and
<U>Section 7.01</U> of the Pooling Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2003-1
Increase</U>&rdquo; shall have the meaning assigned in <U>subsection 2.05(a)</U> of the Series 2003-1 Supplement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2003-1
Increase Amount</U>&rdquo; shall have the meaning assigned in <U>subsection 2.05(a)</U> of the Series 2003-1 Supplement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2003-1
Increase Date</U>&rdquo; shall have the meaning assigned in <U>subsection 2.05(a)</U> of the Series 2003-1 Supplement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2003-1
Initial Invested Amount</U>&rdquo; shall mean $0.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2003-1
Invested Amount</U>&rdquo; shall mean, as of any date of determination, with respect to the Series 2003-1 Purchaser on the Series
2003-1 Issuance Date, an amount equal to the Series 2003-1 Initial Invested Amount or on any date of determination thereafter,
an amount equal to (a) the Series 2003-1 Purchaser&rsquo;s Series 2003-1 Invested Amount on the immediately preceding Business
Day <U>plus</U> (b) the amount of any increases in the Series 2003-1 Purchaser&rsquo;s Series 2003-1 Invested Amount pursuant to
<U>Section 2.05</U> of the Series 2003-1 Supplement made on such day, <U>minus</U> (c) the amount of any distributions received
and applied to the Series 2003-1 Purchaser pursuant to <U>subsection 3A.05(a)(ii)</U> or <U>subsection 3A.05(b)(ii)</U> of the
Series 2003-1 Supplement on such day, <U>minus</U> (d) the aggregate Series 2003-1 Allocable Charged-Off Amount allocable to the
Series 2003-1 VFC Beneficial Interest of the Series 2003-1 Purchaser on or prior to such date pursuant to <U>subsection 3A.04(a)</U>
of the Series 2003-1 Supplement, <U>plus</U> (e) (but only to the extent of any unreimbursed reductions made pursuant to clause
(d) above) the aggregate Series 2003-1 Allocable Recoveries Amount allocable to the Series 2003-1 VFC Beneficial Interest of the
Series 2003-1 Purchaser on or prior to such date pursuant to <U>subsection 3A.04(b)</U> of the Series 2003-1 Supplement.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2003-1
Invested Percentage</U>&rdquo; shall mean, with respect to any Business Day (i) during the Series 2003-1 Revolving Period, the
percentage equivalent of a fraction, the numerator of which is the Series 2003-1 Allocated Loan Amount as of the end of the immediately
preceding Business Day and the denominator of which is the greater of (A) the Aggregate Loan Amount as of the end of the immediately
preceding Business Day and (B) the sum of the numerators used to calculate the Invested Percentage for all Outstanding Series on
the Business Day for which such percentage is determined and (ii) during the Series 2003-1 Amortization Period, the percentage
equivalent of a fraction, the numerator of which is the Series 2003-1 Allocated Loan Amount as of the end of the last Business
Day of the Series 2003-1 Revolving Period (<U>provided</U> that if during the Series 2003-1 Amortization Period, the amortization
periods of all other Outstanding Series which were outstanding prior to the commencement of the Series 2003-1 Amortization Period
commence, then, from and after the date the last of such series commences its Amortization Period, the numerator shall be the Series
2003-1 Allocated Loan Amount as of the end of the Business Day preceding such date) and the denominator of which is the greater
of (A) the Aggregate Loan Amount as of the end of the immediately preceding Business Day and (B) the sum of the numerators used
to calculate the Invested Percentage for all Outstanding Series on the Business Day for which such percentage is determined.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2003-1
Issuance Date</U>&rdquo; shall mean May 1, 2003.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2003-1
Maximum Invested Amount</U>&rdquo; shall mean, as of any day, $3,500,000,000, calculated by converting Approved Currencies other
than Dollars into Dollars at the Rate of Exchange.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2003-1
Monthly Servicing Fee</U>&rdquo; shall have the meaning assigned in <U>Section 6.01</U> of the Series 2003-1 Supplement</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2003-1
Principal Payment</U>&rdquo; shall have the meaning assigned in <U>subsection 3A.05 (a)(ii)</U> of the Series 2003-1 Supplement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2003-1
Purchaser</U>&rdquo; shall mean BFE, including its successors and assigns.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2003-1
Revolving Period</U>&rdquo; shall mean the period commencing on the Series 2003-1 Issuance Date and terminating on the close of
business on the date on which a Series 2003-1 Early Amortization Period is declared to commence or automatically commences.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2003-1
Target Loan Amount</U>&rdquo; shall mean, on any date of determination, the sum of (i) the Series 2003-1 Adjusted Invested Amount
on such day <U>plus</U> (ii) the result of (a) Series 2003-1 Accrued Interest on such day <U>minus</U> (b) the amount on deposit
in the Series 2003-1 Collection Subaccount on such day that is available to pay such Series 2003-1 Accrued Interest.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2003-1
Termination Date</U>&rdquo; shall mean the date that occurs one hundred and eighty (180) days after the last day of the Series
2003-1 Revolving Period.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2003-1
VFC Beneficial Interest</U>&rdquo; shall mean each percentage interest in the Series 2003-1 VFC Certificate acquired by the Series
2003-1 Purchaser in connection with the initial purchase of such Series 2003-1 VFC Certificate or any Series 2003-1 Increase in
the Series 2003-1 Invested Amount.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2003-1
VFC Certificate</U>&rdquo; shall mean the First Amended and Restated Series 2003-1 VFC Certificate executed by the Company and
authenticated by or on behalf of the Trustee, substantially in the form of Exhibit A attached to the Series 2003-1 Supplement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2003-1
VFC Certificateholder(s)</U>&rdquo; shall mean the registered holder of the Series 2003-1 VFC Certificate.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series 2003-1
VFC Certificateholder&rsquo;s Interest</U>&rdquo; shall have the meaning assigned in <U>subsection 2.02(a)</U> of the Series 2003-1
Supplement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series Account</U>&rdquo;
shall mean any deposit, trust, escrow, reserve or similar account maintained for the benefit of the Investor Certificateholders
of any Series or Class, as specified in any Supplement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series Collection
Subaccount</U>&rdquo; shall have the meaning assigned in <U>subsection 3.01(a)</U> of the Pooling Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series Collection
Sub-subaccount</U>&rdquo; shall have the meaning assigned in <U>subsection 3.01(a)</U> of the Pooling Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series Currency
Collection Sub-subaccount</U>&rdquo; shall have the meaning assigned in <U>subsection 3.01(a)</U> of the Pooling Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series Non-Principal
Collection Sub-subaccount</U>&rdquo; shall have the meaning assigned in <U>subsection 3.01(a)</U> of the Pooling Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series Principal
Collection Sub-subaccount</U>&rdquo; shall have the meaning assigned in <U>subsection 3.01(a)</U> of the Pooling Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Series Termination
Date</U>&rdquo; shall mean (i) for Series 2002-1, the Series 2002-1 Termination Date, (ii) for Series 2003-1, the Series 2003-1
Termination Date and (iii) for any other Series, the meaning assigned in the related Supplement for such Series.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Service
Transfer</U>&rdquo; shall have the meaning assigned in <U>Section 6.01</U> of the Servicing Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Servicer</U>&rdquo;
shall mean Bunge Management Services, Inc. and any Successor Servicer under the Transaction Documents.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Servicer
Default</U>&rdquo; shall have, with respect to any Series, the meaning assigned in <U>Section 6.01</U> of the Servicing Agreement
and, if applicable, as supplemented by the related Supplement for such Series.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Servicer
Indemnification Event</U>&rdquo; shall have the meaning assigned in <U>subsection 5.02(b)</U> of the Servicing Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Servicer
Indemnified Person</U>&rdquo; shall have the meaning assigned in <U>subsection 5.02(a)</U> of the Servicing Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Servicer&rsquo;s
Certificate</U>&rdquo; means a certificate delivered by the Servicer to the Administrative Agent and the Collateral Agent which
(a) notifies the Administrative Agent of the amount of any Loans which became Defaulted Loans as of the most recent Daily Report,
pursuant to which the Administrative Agent shall either draw on the Letter of Credit or request the Collateral Agent to withdraw
amounts deposited in the Reserve Account in an amount equal to the lesser of (i)&nbsp;the amount of the aggregate outstanding principal
amount of such Defaulted Loans plus accrued interest thereon to and including the day prior to the day such Loans became Defaulted
Loans and (ii)&nbsp;the Letter of Credit Amount or the amount on deposit in the Reserve Account, as applicable, (b) verifies the
Letter of Credit Amount, and (c) instructs the Collateral Agent to reimburse the Letter of Credit Agent for the amount of such
draw and any other amounts due in connection with such draw.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Servicing
Agreement</U>&rdquo; shall mean the Third Amended and Restated Servicing Agreement, dated as of December 23, 2003, among the Company,
the Servicer and the Trustee, as such agreement may be amended, supplemented or otherwise modified and in effect from time to time.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Servicing
Fee</U>&rdquo; shall have the meaning assigned in <U>subsection 2.05(a)</U> of the Servicing Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Settlement
Period</U>&rdquo; shall mean each calendar month.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Settlement
Report Date</U>&rdquo; shall mean, except as otherwise set forth in the applicable Supplement, the 10th day of each calendar month
or, if such 10th day is not a Business Day, the next succeeding Business Day.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Single Employer
Plan</U>&rdquo; means a single employer plan, as defined in Section 4001(a)(15) of ERISA, that (a) is maintained for employees
of the Guarantor or any ERISA Affiliate and no Person other than the Guarantor and the ERISA Affiliates or for which the Guarantor
or any of its ERISA Affiliates could incur liability or (b) was so maintained and in respect of which the Guarantor or any ERISA
Affiliate has liability, whether direct or contingent, under Section 4069 of ERISA in the event such plan has been or were to be
terminated.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>SOFR</U>&rdquo;
shall mean with respect to any Business Day, a rate per annum equal to the secured overnight financing rate for such Business Day
published by the SOFR Administrator on the SOFR Administrator&rsquo;s Website on the immediately succeeding Business Day.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>SOFR Administrator</U>&rdquo;
means the Federal Reserve Bank of New York (or a successor administrator of the secured overnight financing rate).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>SOFR Administrator&rsquo;s
Website</U>&rdquo; means the website of the Federal Reserve Bank of New York, currently at http://www.newyorkfed.org, or any successor
source for the secured overnight financing rate identified as such by the SOFR Administrator from time to time.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Solicitation
Fee</U>&rdquo; shall mean a fee payable to Bunge Finance and Bunge Finance North America as set forth in each Supplement in an
amount agreed upon from time to time by Bunge Finance or Bunge Finance North America, as applicable, and the Company; <U>provided</U>,
that the Solicitation Fee shall at all times be less than the difference of (i) the aggregate amount of interest (or discount)
that has accrued on all outstanding Loans during the immediately preceding Settlement Period <U>minus</U> (ii) the sum of all interest
and Program Costs for all Outstanding Series that have accrued during the immediately preceding Settlement Period.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Solvent</U>&rdquo;
and &ldquo;<U>Solvency</U>&rdquo; shall mean, with respect to any Person on a particular date, that on such date (a) the fair value
of the property of such Person is greater than the total amount of liabilities, including, without limitation, contingent liabilities,
of such Person, (b) the present fair salable value of the assets of such Person is not less than the amount that will be required
to pay the probable liability of such Person on its debts as they become absolute and matured, (c) such Person does not intend
to, and does not believe that it will, incur debts or liabilities beyond such Person&rsquo;s ability to pay such debts and liabilities
as they mature and (d) such Person is not engaged in business or a transaction, and is not about to engage in business or a transaction,
for which such Person&rsquo;s property would constitute an unreasonably small capital. The amount of contingent liabilities at
any time shall be computed as the amount that, in the light of all the facts and circumstances existing at such time, represents
the amount that can reasonably be expected to become an actual or matured liability.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Specified
Bankruptcy Opinion Provisions</U>&rdquo; shall mean the factual assumptions (including those contained in the factual certificates
referred to therein) and the actions to be taken by the Sellers or the Company in the legal opinion of Winston &amp; Strawn relating
to certain bankruptcy matters delivered on each Issuance Date.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Special
Allocation Settlement Report Date</U>&rdquo; shall have the meaning assigned in <U>subsection 3.01(e)</U> of the Pooling Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Special
Payment Account</U>&rdquo; has the meaning assigned to such term in <U>Section 3(b)</U> of the Depositary Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>State/Local
Government Obligor</U>&rdquo; shall mean any state of the United States or local government thereof or any subdivision thereof
or any agency, department, or instrumentality thereof.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Statutory
Reserve Rate</U>&rdquo; means a fraction (expressed as a decimal), the numerator of which is the number one and the denominator
of which is the number one minus the aggregate of the maximum reserve percentages (including any marginal, special, emergency or
supplemental reserves) expressed as a decimal established by the Federal Reserve Board to which the Administrative Agent is subject
with respect to the Adjusted LIBOR Rate for eurocurrency funding (currently referred to as &ldquo;Eurocurrency liabilities&rdquo;
in Regulation D) or any other reserve ratio or analogous requirement of any central banking or financial regulatory authority imposed
in respect of the maintenance of the Liquidity Commitments or the funding of the Liquidity Loans. Such reserve percentages shall
include those imposed pursuant to such Regulation D. LIBOR Liquidity Loans shall be deemed to constitute eurocurrency funding and
to be subject to such reserve requirements without benefit of or credit for proration, exemptions or offsets that may be available
from time to time to any Liquidity Bank under such Regulation D or any comparable regulation. The Statutory Reserve Rate shall
be adjusted automatically on and as of the effective date of any change in any reserve percentage.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Sterling</U>&rdquo;
shall mean the lawful currency of the United Kingdom of Great Britain and Northern Ireland.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Subordination
Debt</U>&rdquo; shall have the meaning assigned to such term in the Subordinated Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Subordination
Agreement</U>&rdquo; shall mean the Third Amended and Restated Subordination Agreement, dated as of June 28, 2004, among the Guarantor,
the Collateral Agent and the Trustee, as such agreement may be amended, supplemented or otherwise modified and in effect from time
to time.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Subsidiary</U>&rdquo;
shall mean, as to any Person, a corporation, partnership or other entity of which shares of stock or other ownership interests
having ordinary voting power (other than stock or such other ownership interests having such power only by reason of the happening
of a contingency) to elect a majority of the board of directors or other managers of such corporation, partnership or other entity
are at the time owned directly or indirectly through one or more intermediaries, or both, by such Person.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Successor
Servicer</U>&rdquo; shall have the meaning assigned in <U>Section 6.02</U> of the Servicing Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Supplement</U>&rdquo;
shall mean, with respect to any Series, a supplement to the Pooling Agreement complying with the terms of the Pooling Agreement,
executed by the Company, the Servicer, the Trustee and other parties listed therein in conjunction with the issuance of any Series.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Syndication
Agent</U>&rdquo; shall mean Citibank, N.A. in its capacity as the Syndication Agent under the Liquidity Agreement, together with
any successors and permitted assigns.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Target Loan
Amount</U>&rdquo; shall have, with respect to any Outstanding Series, the meaning specified in the related Supplement for such
Outstanding Series.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Tax Opinion</U>&rdquo;
shall mean, unless otherwise specified in the Supplement for any Series with respect to such Series or any Class within such Series,
with respect to any action, an Opinion of Counsel of one or more outside law firms to the effect that, for United States federal
income tax purposes, (i) such action will not adversely affect the characterization as debt of any Investor Certificates of any
Outstanding Series or Class not retained by the Company, (ii) in the case of <U>Section 5.10</U> of the Pooling Agreement, the
Investor Certificates of the new Series that are not retained by the Company will be characterized as debt and (iii) the Trust
will be disregarded as an entity separate from the Company for U.S. federal income tax purposes.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Taxes</U>&rdquo;
shall mean all present or future income, stamp or other taxes, levies, imposts, duties, deductions, withholdings (including backup
withholding), assessments, fees or other charges imposed by any Governmental Authority, including any interest, additions to tax
or penalties applicable thereto.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Termination
Notice</U>&rdquo; shall have the meaning assigned in <U>Section 6.01</U> of the Servicing Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Term SOFR</U>&rdquo;
shall mean for the applicable Corresponding Tenor as of the applicable Reference Time, the forward-looking term rate based on SOFR
that has been selected or recommended by the Relevant Governmental Body.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Term SOFR
Notice</U>&rdquo; shall mean a notification by the Administrative Agent to the Liquidity Banks and BAFC of the occurrence of a
Term SOFR Transition Event.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Term SOFR
Transition Event</U>&rdquo; means the determination by the Administrative Agent that (a) Term SOFR has been recommended for use
by the Relevant Governmental Body, (b) the administration of Term SOFR is administratively feasible for the Administrative Agent
in its sole discretion, and (c) a Benchmark Transition Event or an Early Opt-in Election, as applicable (and, for the avoidance
of doubt, not in the case of an Other Benchmark Rate Election), has previously occurred resulting in a Benchmark Replacement in
accordance with <U>Section 4.09</U> of the Liquidity Agreement that is not Term SOFR.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Term SOFR
Transition Event Effective Date</U>&rdquo; shall mean, with respect to a Term SOFR Transition Event, the date that is thirty (30)
days after the date a Term SOFR Notice is provided to the Liquidity Banks and BAFC pursuant to <U>Section 4.09(c)</U> of the Liquidity
Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Total Consolidated
Current Assets</U>&rdquo; shall mean (a) the total consolidated current assets of the Guarantor and its consolidated Subsidiaries
determined on a consolidated basis in accordance with GAAP, <U>minus</U> (b) the total time deposits under any trade structured
finance program of the Guarantor and its consolidated Subsidiaries.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Total Tangible
Assets</U>&rdquo; shall mean at any date of determination, the total amount of assets of the Guarantor and its Subsidiaries (without
duplication and excluding any asset owned by the Guarantor or any Subsidiary that represents an obligation of the Guarantor or
any other Subsidiary to such Subsidiary or Guarantor) after deducting therefrom all goodwill, trade names, trademarks, patents,
licenses, copyrights and other intangible assets.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Transaction
Documents</U>&rdquo; shall mean the collective reference to the Pooling Agreement, the Servicing Agreement, each Supplement with
respect to any Outstanding Series, the Sale Agreement, the Guaranty, the Subordination Agreement, the Investor Certificates, the
Commercial Paper Program Documents and any other documents delivered pursuant to or in connection therewith.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Transactions</U>&rdquo;
shall mean the transactions contemplated under each of the Transaction Documents.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Transfer
Agent and Registrar</U>&rdquo; shall have the meaning assigned in <U>Section 5.03</U> of the Pooling Agreement and shall initially
be the Trustee.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Transfer
Deposit Amount</U>&rdquo; shall have the meaning assigned in <U>subsection 2.05(b)</U> of the Pooling Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Transferred
Agreements</U>&rdquo; shall have the meaning assigned in <U>subsection 2.01(a)(v)</U> of the Pooling Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Trust</U>&rdquo;
shall mean the Bunge Master Trust created by the Pooling Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Trust Accounts</U>&rdquo;
shall mean the trust accounts established under the Supplements.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Trust Assets</U>&rdquo;
shall have the meaning assigned in <U>subsection 2.01(a)</U> of the Pooling Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Trust Termination
Date</U>&rdquo; shall have the meaning assigned in <U>subsection 9.01(a)</U> of the Pooling Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Trustee</U>&rdquo;
shall mean the institution executing the Pooling Agreement as trustee, or its successor in interest, or any successor trustee appointed
as therein provided.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Trustee
Force Majeure Delay</U>&rdquo; shall mean any cause or event that is beyond the control and not due to the gross negligence of
the Trustee that delays, prevents or prohibits the Trustee&rsquo;s performance of its duties under Article III of the Pooling Agreement,
including acts of God, floods, fire, explosions of any kind, snowstorms and other irregular weather conditions, unanticipated employee
absenteeism, mass transportation disruptions, any power failure, telephone failure or computer failure in the office of the Trustee,
including without limitation, failure of the bank wire system utilized by the Trustee or any similar system or failure of the Fed
Wire system operated by any applicable Federal Reserve Bank and all similar events. The Trustee shall notify the Company as soon
as reasonably possible after the beginning of any such delay.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Trustee
Liens</U>&rdquo; shall mean any Liens in or on the Trust Assets created by the Trustee in the Pooling Agreement and any Supplement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>UCC</U>&rdquo;
shall mean the Uniform Commercial Code, as amended, replaced or otherwise revised from time to time, as in effect in any specified
jurisdiction.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>UK Financial
Institution</U>&rdquo; shall mean any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to
time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook
(as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions
and investment firms, and certain affiliates of such credit institutions or investment firms.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>UK Resolution
Authority</U>&rdquo; shall mean the Bank of England or any other public administrative authority having responsibility for the
resolution of any UK Financial Institution.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Unadjusted
Benchmark Replacement</U>&rdquo; shall mean the applicable Benchmark Replacement excluding the related Benchmark Replacement Adjustment.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>United States</U>&rdquo;
for purposes of geographic description shall mean the United States of America (including the States and the District of Columbia),
its territories, its possessions (including Puerto Rico, the U.S. Virgin Islands, Guam, American Samoa, Wake Island and the Northern
Mariana Islands) and other areas subject to its jurisdictions.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>United States
Person</U>&rdquo; means an individual who is a citizen or resident of the United States, or a corporation, partnership or other
entity created or organized in or under the laws of the United States or any political subdivision thereof, or an estate or trust
the income of which is subject to U.S. federal income taxation regardless of its source.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Unpaid Holder</U>&rdquo;
and &ldquo;<U>Unpaid Holders</U>&rdquo; collectively means a holder or holders of not less than fifty-one percent (51%) of the
aggregate Face Amount of outstanding Commercial Paper matured and not yet matured.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Unused Fee
Rate</U>&rdquo; shall mean the per annum rate set forth below based on the higher of the Applicable S&amp;P Rating and the Applicable
Moody&rsquo;s Rating:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="font: 12pt Times New Roman, Times, Serif; width: 60%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 47%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">Rating</TD>
    <TD STYLE="width: 16%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 37%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">Unused Fee Rate</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">A-/A3 or higher</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">BBB+/Baa1</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">BBB/Baa2</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">BBB-/Baa3</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">BB+/Ba1 or lower</P></TD>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 6pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.3in; text-align: justify">0.09%</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.3in; text-align: justify">0.10%</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.3in; text-align: justify">0.125%</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.3in; text-align: justify">0.175%</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.3in; text-align: justify">0.225%</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P></TD></TR>
</TABLE>
<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Variable
Funding Certificate</U>&rdquo; or &ldquo;<U>VFC Certificate</U>&rdquo; shall have the meaning assigned in <U>Section 5.10</U> of
the Pooling Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Voting Stock</U>&rdquo;
of any Person as of any date means the Capital Stock of such Person that is at the time entitled to vote in the election of the
Board of Directors of such Person.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Withdrawal
Liability</U>&rdquo; shall mean liability to a Multiemployer Plan as a result of a complete or partial withdrawal from such Multiemployer
Plan, as such terms are defined in Title IV of ERISA.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Withholding
Agent</U>&rdquo; shall mean BAFC and, in the case of the Liquidity Agreement, the Administrative Agent, and in the case of the
Letter of Credit Reimbursement Agreement, the Letter of Credit Agent.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&ldquo;<U>Write-Down and
Conversion Powers</U>&rdquo; shall mean (i) 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 writedown
and conversion powers are described in the EU Bail-In Legislation Schedule and (ii) with respect to the United Kingdom, any powers
of the applicable Resolution Authority under the Bail-In Legislation to cancel, reduce, modify or change the form of a liability
of any UK Financial Institution or any contract or instrument under which that liability arises, to convert all or part of that
liability into shares, securities or obligations of that person or any other person, to provide that any such contract or instrument
is to have effect as if a right had been exercised under it or to suspend any obligation in respect of that liability or any of
the powers under that Bail-In Legislation that are related to or ancillary to any of those powers.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&ldquo;<U>Yen</U>&rdquo;
shall mean the lawful currency of Japan.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"></P>

<!-- Field: Page; Sequence: 77 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 2pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center">Annex -<!-- Field: Sequence; Type: Arabic; Name: PageNo -->77<!-- Field: /Sequence -->&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: right"><U>Schedule I</U></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><U>DESIGNATED OBLIGORS</U></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Bunge Limited</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Bunge Global Markets Inc.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Bunge N.A. Holdings, Inc.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Bunge North America, Inc.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Koninklijke Bunge B.V.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Bunge Argentina S.A.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Bunge S.A.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Bunge Alimentos S.A.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Bunge Fertilizantes S.A. (Brazil)</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Bunge International Commerce Ltd.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Bunge Trade Limited (successor to Bunge Fertilizantes
International Limited)</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center">SI - 1</P>

<!-- Field: Rule-Page --><DIV STYLE="margin: 3pt auto; width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 2pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

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    <dei:EntityTaxIdentificationNumber contextRef="From2021-07-16to2021-07-19">98-0231912</dei:EntityTaxIdentificationNumber>
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    <dei:EntityAddressCityOrTown contextRef="From2021-07-16to2021-07-19">Chesterfield</dei:EntityAddressCityOrTown>
    <dei:EntityAddressStateOrProvince contextRef="From2021-07-16to2021-07-19">MO</dei:EntityAddressStateOrProvince>
    <dei:EntityAddressPostalZipCode contextRef="From2021-07-16to2021-07-19">63017</dei:EntityAddressPostalZipCode>
    <dei:CityAreaCode contextRef="From2021-07-16to2021-07-19">314</dei:CityAreaCode>
    <dei:LocalPhoneNumber contextRef="From2021-07-16to2021-07-19">292-2000</dei:LocalPhoneNumber>
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<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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</head>
<body>
<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140261316142632">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Cover<br></strong></div></th>
<th class="th"><div>Jul. 19, 2021</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_CoverAbstract', window );"><strong>Cover [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentType', window );">Document Type</a></td>
<td class="text">8-K<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_AmendmentFlag', window );">Amendment Flag</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentPeriodEndDate', window );">Document Period End Date</a></td>
<td class="text">Jul. 16,  2021<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityFileNumber', window );">Entity File Number</a></td>
<td class="text">001-16625<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityRegistrantName', window );">Entity Registrant Name</a></td>
<td class="text">BUNGELTD<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityCentralIndexKey', window );">Entity Central Index Key</a></td>
<td class="text">0001144519<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityTaxIdentificationNumber', window );">Entity Tax Identification Number</a></td>
<td class="text">98-0231912<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityIncorporationStateCountryCode', window );">Entity Incorporation, State or Country Code</a></td>
<td class="text">D0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressAddressLine1', window );">Entity Address, Address Line One</a></td>
<td class="text">1391 Timberlake Manor Parkway<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressCityOrTown', window );">Entity Address, City or Town</a></td>
<td class="text">Chesterfield<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressStateOrProvince', window );">Entity Address, State or Province</a></td>
<td class="text">MO<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressPostalZipCode', window );">Entity Address, Postal Zip Code</a></td>
<td class="text">63017<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_CityAreaCode', window );">City Area Code</a></td>
<td class="text">314<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LocalPhoneNumber', window );">Local Phone Number</a></td>
<td class="text">292-2000<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_WrittenCommunications', window );">Written Communications</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_SolicitingMaterial', window );">Soliciting Material</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_PreCommencementTenderOffer', window );">Pre-commencement Tender Offer</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_PreCommencementIssuerTenderOffer', window );">Pre-commencement Issuer Tender Offer</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_Security12bTitle', window );">Title of 12(b) Security</a></td>
<td class="text">Common Shares, $0.01 par value per share<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">BG<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_SecurityExchangeName', window );">Security Exchange Name</a></td>
<td class="text">NYSE<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityEmergingGrowthCompany', window );">Entity Emerging Growth Company</a></td>
<td class="text">false<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_AmendmentFlag">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_AmendmentFlag</td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CityAreaCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Area code of city</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CityAreaCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
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</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CoverAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Cover page.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CoverAbstract</td>
</tr>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
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<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentPeriodEndDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period.  The format of the date is YYYY-MM-DD.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentPeriodEndDate</td>
</tr>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
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<td><strong> Data Type:</strong></td>
<td>xbrli:dateItemType</td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
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</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentType">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentType</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:submissionTypeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressAddressLine1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Address Line 1 such as Attn, Building Name, Street Name</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressAddressLine1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressCityOrTown">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Name of the City or Town</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressCityOrTown</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressPostalZipCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Code for the postal or zip code</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressPostalZipCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressStateOrProvince">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Name of the state or province.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressStateOrProvince</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:stateOrProvinceItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityCentralIndexKey">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityCentralIndexKey</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:centralIndexKeyItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityEmergingGrowthCompany">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Indicate if registrant meets the emerging growth company criteria.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityEmergingGrowthCompany</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityFileNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityFileNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:fileNumberItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityIncorporationStateCountryCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Two-character EDGAR code representing the state or country of incorporation.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityIncorporationStateCountryCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:edgarStateCountryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityRegistrantName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityRegistrantName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityTaxIdentificationNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityTaxIdentificationNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:employerIdItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LocalPhoneNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Local phone number for entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LocalPhoneNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_PreCommencementIssuerTenderOffer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 13e<br> -Subsection 4c<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_PreCommencementIssuerTenderOffer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_PreCommencementTenderOffer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 14d<br> -Subsection 2b<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_PreCommencementTenderOffer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_Security12bTitle">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Title of a 12(b) registered security.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_Security12bTitle</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:securityTitleItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_SecurityExchangeName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Name of the Exchange on which a security is registered.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection d1-1<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_SecurityExchangeName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Section 14a<br> -Number 240<br> -Subsection 12<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Trading symbol of an instrument as listed on an exchange.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Securities Act<br> -Number 230<br> -Section 425<br></p></div>
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end
</TEXT>
</DOCUMENT>
</SUBMISSION>
