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mpany incorporated under the laws of Ireland. 2.40 "IRS" means the U.S. Internal Revenue Service. 2.41 "Key Person Event" means, with respect to Eric Meyer or William Van de Water (each, a "Key Person"): (i) such Key Person maces to be actively involved in the management activities of the Fund for a pe
s Preferred Return determined for the same period. 2.36 "Indenture' means that certain Indenture dated as of May 2. 2006 by and among the Issuer, Ambac Assurance UK Limited and Assured Guaranty (UK) Ltd. as financial guarantors, The Bank of New York (acting through its London Branch) as trustee, The Bank of New York as
mpany incorporated under the laws of Ireland. 2.40 "IRS" means the U.S. Internal Revenue Service. 2.41 "Key Person Event" means, with respect to Eric Meyer or William Van de Water (each, a "Key Person"): (i) such Key Person ceases to be actively involved in the management activities of the Fund for a p
s Preferred Return determined for the same period. 2.36 "Indenture" means that certain Indenture dated as of May 2, 2006 by and among the Issuer, Ambac Assurance UK Limited and Assured Guaranty (UK) Ltd. as financial guarantors, The Bank of New York (acting through its London Branch) as trustee, The Bank of New York as
Re, plc, a public limited company incorporated under the "IRS" means the U.S. Internal Revenue Service. "Key Person Event" means, with respect to Eric Meyer or William Van de Water (each, a "Key Person"): (i) such Key Person ceases to be actively involved in the management activities of the Fund for a
Preferred Return determined for the same period. 2.36 "Indenture" means that certain Indenture dated as of May 2, 2006 by and among the Issuer, Ambac Assurance UK Limited and Assured Guaranty (UK) Ltd. as financial guarantors, The Bank of New York (acting through its London Branch) as trustee, The Bank of New York a
Entities connected to both Eric Meyer and Ambac Assurance UK Limited

Eric Trump
PERSONLondon Branch
ORGANIZATIONBallantyne Re, plc
ORGANIZATIONWilliam Van de Water
PERSONUK) Ltd.
ORGANIZATIONWNL Limited
ORGANIZATIONLiquidator
ORGANIZATIONthe U.S. Bank Holding Company Act
ORGANIZATIONRegistrar
ORGANIZATIONTreasury Regulations
ORGANIZATIONRestated Limited Liability Company Agreement
ORGANIZATIONRepresentatives
ORGANIZATIONGeorge Town
PERSONAdjusted Capital
ORGANIZATIONthe Tender Offer
ORGANIZATIONArticles IV
ORGANIZATIONBHC Act
ORGANIZATIONthe Confidential Offering Memorandum
ORGANIZATIONSections of this Agreement
ORGANIZATIONthe Limited Liability Companies Law
ORGANIZATION