Context : "“Dutch Subsidiary” shall mean any Subsidiary that is incorporated or organized under the laws of
The Netherlands.
“ECF Required Percentage” shall mean, with respect to any Excess Cash Flow Period, 90%;
provided that, if the First Lien Secured Net Leverage Ratio for the Test Period ending on the last day of
such Excess Cash Flow Period is (x) less than or equal to 2.58 to 1.00 and greater than 2.08 to 1.00, such
percentage shall be 20% or (y) less than or equal to 2.08 to 1.00, such percentage shall be 10%. “Dutch Security Agreement” shall mean the Dutch law governed security agreement, dated on the
Closing Date and executed by the relevant Loan Parties and the Collateral Agent, together with any Dutch
law governed supplemental pledge agreement or other Dutch law governed security agreement executed
and delivered pursuant to Section 5.10 of this Agreement."

Expected answer: "90%, 20%, 10%"

Context : "“Dutch Share Pledge” shall mean the Dutch law governed pledge on the shares in the capital of the
Euro Borrower and each Dutch law governed pledge on the shares in the capital of each Guarantor
incorporated or organized under the laws of The Netherlands, each dated on the Closing Date and executed
by the Dutch Loan Parties, each relevant shareholder of such Dutch Loan Party and the Collateral Agent,
together with any other Dutch law governed pledge on the shares executed and delivered pursuant to Section
5.10 of this Agreement.
“Dutch Subsidiary” shall mean any Subsidiary that is incorporated or organized under the laws of
The Netherlands.
“ECF Required Percentage” shall mean, with respect to any Excess Cash Flow Period, 50%;
provided that, if the First Lien Secured Net Leverage Ratio for the Test Period ending on the last day of
such Excess Cash Flow Period is (x) less than or equal to 2.58 to 1.00 and greater than 2.08 to 1.00, such
percentage shall be 25% or (y) less than or equal to 2.08 to 1.00, such percentage shall be 0%; provided
that, at the election of the Borrower Representative, the First Lien Secured Net Leverage Ratio for purposes
of determining the ECF Required Percentage for any Excess Cash Flow Period shall be recalculated to give
Pro Forma Effect to the amounts of voluntary prepayments and repurchases described in clauses (a), (b)
and (c) of clause (ii) of Section 2.11(c) and made during such Excess Cash Flow Period and before the date
of prepayment under Section 2.11(c) for such Excess Cash Flow Period (including payments made after
such Excess Cash Flow Period and before the date of prep Avoid using the following keywords: date, subsidiary, ecf, security
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