Drawdowns. Payee shall advance to Maker, beginning on November 1, 2022, and thereafter on the 1st of each month until the earlier of # the consummation of an Initial Business Combination and # the date by which Maker must complete an Initial Business Combination pursuant to its Amended and Restated Memorandum and Articles of Association (as may be amended from time to time), an amount equal to the product of $0.04 and the number of then-outstanding Class A ordinary shares of Maker, such amounts in the aggregate not to exceed the Maximum Amount.

Drawdowns by Borrowers. Upon the occurrence of a Specified Default, the Administrative Agent shall give written notice of the same to the Borrowers (a “Specified Event Notice”) and the Borrowers shall issue, within five (5) Business Days after such Specified Event Notice, Drawdowns in the aggregate amount required to cure such Specified Default. After a Trigger Event has occurred, the Borrowers shall be authorized to issue Drawdowns only with the consent of the Administrative Agent in its sole discretion.

The following conditions shall be satisfied by the Borrowers at or prior to the time of each Drawdown of an Advance under a Project Mortgage:

The Borrower may (based on its actual needs) draw one or more Advances under the Facility during the Availability Period in accordance with the provisions hereof. There is no limitation on the number of drawdowns.

Drawdowns and Disbursements from Collateral Accounts. The Borrowers will issue Drawdowns at such times as are necessary in order to ensure the timely payment of the Obligations hereunder in accordance with their respective Constituent Documents. Each Borrower hereby irrevocably authorizes and directs the Secured Parties, acting through the Administrative Agent, upon the occurrence and during the continuation of any Event of Default, to charge from time to time the Collateral Accounts and the Cash Collateral Account, for amounts not paid when due (after the passage of any applicable grace period) to the Secured Parties or any of them hereunder and under the other Loan Documents; provided that promptly after any disbursement of funds from any such account to the Secured Parties, as contemplated in this [Section 5.2(d)], the Administrative Agent shall deliver a written notice of such disbursement to the applicable Borrower.

Except as provided in its Constituent Documents, such Borrower shall not make any contractual or other agreement with any Person which shall restrict, limit, penalize or control its ability to make Drawdowns or the timing thereof.

Drawdowns. (i) Within three (3) Business Days after the issuance of each Drawdown Notice, the Borrowers shall notify the Administrative Agent of the making of such Drawdown and shall provide information as to the timing and amount of such Drawdown to the extent available along with a copy of the Drawdown Notice form delivered to the Investors, together with a schedule of amounts called from each Investor, provided that upon the request of the Administrative Agent, Borrowers shall deliver copies of the actual Drawdown Notices to the Administrative Agent; and # a report of all Investors failing to fund their Capital Contributions, delivered every ten (10) Business Days beginning # with respect to Specified Excluded Investors, on the thirtieth (30th) day following the date when such Capital Contributions are USActive 51532649.853699586.5

Drawdowns. Payee shall advance to Maker, beginning on November 1, 2022, and thereafter on the 1st of each month until the earlier of # the date of the extraordinary general meeting held in connection with the shareholder vote to approve an Initial Business Combination and # the Payee having advanced aggregate contributions equal to the Maximum Amount, an amount equal to the product of $0.04 and the number of then-outstanding Class A ordinary shares of Maker. Any drawdowns under this Note which cause the aggregate of all advances and re-advances outstanding under this Note to exceed $720,000 are conditioned upon the approval by the shareholders of Maker of the proposal to extend the date by which Maker must complete an Initial Business Combination presented at the extraordinary general meeting of shareholders of Maker to be held on or about April 27, 2023.

such Investor becomes a Sanctioned Entity, or, to any Borrower’s or Administrative Agent’s knowledge, such Investor’s funds to be used in connection with funding Drawdowns are derived from illegal or suspicious activities;

Rights upon Bankruptcy Events of Default. Notwithstanding anything to the contrary herein or in any other Loan Document, upon the occurrence of an Event of Default under [Section 10.1(h)] or Section 10.1(i), the Administrative Agent shall have the right to: # issue Drawdowns pursuant to the collateral assignment of rights under the Security Agreements, such Drawdowns may be executed by the Administrative Agent as assignee and subscription agent under the Security Agreement; and # exercise any other remedies available under the Loan Documents, including, without limitation, with respect to the Investors under the Security Agreements.