Common use of The Bonds Clause in Contracts

The Bonds. 2.2.1 The Issuer has resolved to issue a series of Bonds in the maximum amount of NOK 500,000,000 (Norwegian kroner fivehundredmillion). The Bond Issue may comprise of one or more tranches issued on different issue dates. The first tranche will be in the amount of NOK 300,000,000 (Norwegian kroner threehundredmillion). The Face Value is NOK 500,000. The Bonds shall rank pari passu between themselves. The Bond Issue will be described as “FRN Klaveness Ship Holding AS Senior Unsecured Callable Bond Issue 2016/2021”. The ISIN of the Bond Issue will be NO 0010779549. The tenor of the Bonds is from and including the Issue Date to the Maturity Date.

The Bonds. 2.2.1 The Issuer has resolved to issue a series of Bonds in the maximum total aggregate amount of NOK 500,000,000 1,000,000,000 (Norwegian kroner fivehundredmillionone thousand million). The Bond Issue may comprise of compromise one or more tranches issued on different issue dates. The first tranche will be in the amount of NOK 300,000,000 700,000,000 (Norwegian kroner threehundredmillionseven hundred million). The Face Value is Bonds will be in denominations of NOK 500,000. The Bonds shall 1,000,000 each and rank pari passu between themselves. The Bond Issue will be described as “FRN Klaveness Ship Holding AS DFDS A/S Senior Unsecured Callable Bond Issue 2016/20212013/2018”. The ISIN International Securities Identification Number (ISIN) of the Bond Issue will be NO 0010779549001 0673528. The tenor of the Bonds is from and including the Issue Date to the Maturity Date.

The Bonds. 2.2.1 The Issuer has resolved to issue a series of Bonds in the maximum total aggregate amount of NOK 500,000,000 1,000,000,000 (Norwegian kroner fivehundredmilliononethousandmillion). The Bond Issue may comprise of one or more tranches issued on different issue dates. The first tranche will be in the amount of NOK 300,000,000 500,000,000 (Norwegian kroner threehundredmillionfivehundredmillion). The Face Value is NOK 500,000. The Bonds shall rank pari passu between themselves. The Bond Issue will be described as “FRN Klaveness Ship Holding AS Bonheur ASA Senior Unsecured Callable Open Bond Issue 2016/20212017/2022”. The ISIN of the Bond Issue will be NO 0010779549001 0793565. The tenor of the Bonds is from and including the Issue Date to the Maturity Date.

The Bonds. 2.2.1 The Issuer has resolved to issue a series of Bonds in the maximum total aggregate amount of NOK 500,000,000 1,000,000,000 (Norwegian kroner fivehundredmilliononethousandmillion). The Bond Issue may comprise of one or more tranches issued on different issue dates. The first tranche will be in the amount of NOK 300,000,000 600,000,000 (Norwegian kroner threehundredmillionsixhundredmillion). The Face Value is NOK 500,0001,000,000. The Bonds shall rank pari passu between themselves. The Bond Issue will be described as “FRN Klaveness Ship Holding AS Bonheur ASA Senior Unsecured Callable Open Bond Issue 2016/20212014/2021”. The ISIN of the Bond Issue will be NO 0010779549001 0714538. The tenor of the Bonds is from and including the Issue Date to the Maturity Date.

The Bonds. 2.2.1 The Issuer has resolved to issue a series of Bonds in the maximum total aggregate amount of NOK 500,000,000 1,000,000,000 (Norwegian kroner fivehundredmillionone billion). The Bond Issue may comprise of one or more tranches issued on different issue dates. The first tranche will be in the amount of NOK 300,000,000 900,000,000 (Norwegian kroner threehundredmillionnine hundred million). The Face Value is NOK 500,0001,000,000. The Bonds shall rank pari passu between themselves. The Bond Issue will be described as “FRN Klaveness Ship Holding AS Finance International Limited Callable Senior Unsecured Callable Bond Issue 2016/20212014/2019”. The ISIN of the Bond Issue will be NO 0010779549001 070574.2. The tenor of the Bonds is from and including the Issue Date to the Maturity Date.

The Bonds. 2.2.1 The Issuer has resolved to issue a series of Bonds in the maximum total aggregate amount of NOK 500,000,000 1,000,000,000 (Norwegian kroner fivehundredmilliononethousandmillion). The Bond Issue may comprise of one or more tranches issued on different issue dates. The first tranche will be in the amount of NOK 300,000,000 900,000,000 (Norwegian kroner threehundredmillionninehundredmillion). The Face Value is NOK 500,0001,000,000. The Bonds shall rank pari passu between themselves. The Bond Issue will be described as “FRN Klaveness Ship Holding AS Bonheur ASA Senior Unsecured Callable Open Bond Issue 2016/20212014/2019”. The ISIN IS IN of the Bond Issue will be NO 0010779549001 0714520. The tenor of the Bonds is from and including the Issue Date to the Maturity Date.

The Bonds. 2.2.1 The Issuer has resolved to issue a series of Bonds in the maximum amount of NOK 500,000,000 1,000,000,000 (Norwegian kroner fivehundredmillionone billion). The Bond Issue may comprise of one or more tranches issued on different issue dates. The first tranche Bonds will be in the amount denominations of NOK 300,000,000 (Norwegian kroner threehundredmillion). The Face Value is NOK 500,000. The Bonds shall 1,000,000 each and rank pari passu between themselves. The Bond Issue will be described as “FRN Klaveness Ship Holding AS Teekay LNG Partners L.P. Senior Unsecured Callable Bond Issue 2016/20212015/2020”. The ISIN International Securities Identification Number (ISIN) of the Bond Issue will be NO 0010779549NO001 0735731. The tenor of the Bonds is from and including the Issue Date to the Maturity Date.