Amendments to the Security Agreement. Subject to the satisfaction or waiver of the conditions precedent set forth in Section 9 hereof: (a) Exhibit B of the Security Agreement is hereby amended by deleting the Operating Revenue Escrow Account therefrom. (b) Exhibit J of the Security Agreement is hereby amended by (i) deleting “Circular Polymers LLC” and “▇▇▇▇▇▇ Americas LLC” from the list of Feedstock Supply Agreements listed therein, (ii) deleting “▇▇▇▇▇▇ Americas, LLC” from the list of Offtake Agreements listed therein, (iii) adding “CellMark USA” and “iSustain Inc.” to the list of Feedstock Supply Agreements listed therein and (iv) adding “Formerra, LLC” to the list of Offtake Agreements listed therein.
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Sources: Third Supplemental Indenture (PureCycle Technologies, Inc.), Third Supplemental Indenture (PureCycle Technologies, Inc.)
Amendments to the Security Agreement. Subject to the satisfaction or waiver of the conditions precedent set forth in Section 9 hereof:
(ai) Exhibit B of the Security Agreement is hereby amended by deleting the Operating Revenue Escrow Account therefrom.
(bii) Exhibit J of the Security Agreement is hereby amended by (i) deleting “Circular Polymers LLC” and “▇▇▇▇▇▇ Americas LLC” from the list of Feedstock Supply Agreements listed therein, (ii) deleting “▇▇▇▇▇▇ Americas, LLC” from the list of Offtake Agreements listed therein, (iii) adding “CellMark USA” and “iSustain Inc.” to the list of Feedstock Supply Agreements listed therein and (iv) adding “Formerra, LLC” to the list of Offtake Agreements listed therein.
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