Excluded ILOC. Notwithstanding anything to the contrary contained herein, each [[Parties:Organization]]-District [[Organization F:Organization]] acknowledges and agrees that the ILOC does not secure the [[Parties:Organization]]-District Debt or such [[Parties:Organization]]-District [[Organization F:Organization]]’s share of the Pari Passu Debt. Each [[Parties:Organization]]-District [[Organization F:Organization]] hereby irrevocably waives and releases all of its right, title and interest, if any, and all Liens, if any, that it may hold in or against the ILOC. Concurrently with the execution of this Agreement, each [[Parties:Organization]]-District [[Organization F:Organization]] shall # promptly amend its [[Parties:Organization]]-District Note Documents solely for the purpose of excluding the ILOC from any Collateral securing the [[Parties:Organization]]-District Debt and # file [[Identifier]] amendments with respect to all UCC financing statements on record in favor of such [[Parties:Organization]]-District [[Organization F:Organization]] in respect of the [[Parties:Organization]]-District Debt solely for the purpose of excluding and releasing the ILOC from the collateral description filed of record. Each [[Parties:Organization]]-District [[Organization F:Organization]] hereby irrevocably authorizes, empowers and appoints Aegis as its agent and attorney-in-fact to execute, verify, deliver and file any UCC-3 amendment with respect to any UCC financing statement on record in favor of such [[Parties:Organization]]-District [[Organization F:Organization]] in respect of the [[Parties:Organization]]-District Debt (solely for the purpose of excluding and releasing the ILOC from the collateral description filed of record) upon the failure of such [[Parties:Organization]]-District [[Organization F:Organization]] to promptly file any such UCC-3 amendment prior to FIFTEEN # days after receipt by such [[Parties:Organization]]-District [[Organization F:Organization]] from Aegis of a written request to file any such UCC-3 amendment; provided that any UCC-3 amendment filed pursuant to this Section 6 by any [[Parties:Organization]]-District [[Organization F:Organization]] or by Aegis shall amend the collateral description of any UCC financing statement in favor of the [[Parties:Organization]]-District Creditors with respect to the [[Parties:Organization]]-District Debt filed of record to read as follows:

Excluded ILOC. Notwithstanding anything to the contrary contained herein, each [[Parties:Organization]]-District Creditor and each 2024 Note Creditor acknowledges and agrees that the ILOC secures neither the [[Parties:Organization]]-District Debt or such [[Parties:Organization]]-District Creditor’s share of the Pari Passu Debt or the 2024 Debt or such 2024 Note Creditor’s share of the Pari Passu Debt. Each [[Parties:Organization]]-District Creditor and 2024 Note Creditor hereby irrevocably waives and releases all of its right, title and interest, if any, and all Liens, if any, that it may hold in or against the ILOC. Each [[Parties:Organization]]-District Creditor and 2024 Note Creditor hereby irrevocably authorizes, empowers and appoints Aegis as its agent and attorney-in-fact to execute, verify, deliver and file any UCC-3 amendment with respect to any UCC financing statement on record in favor of such [[Parties:Organization]]-District Creditor or 2024 Note Creditor (solely for the purpose of excluding and releasing the ILOC from the collateral description filed of record) upon the failure of such Pari Passu Creditor to promptly file any such UCC-3 amendment prior to FIFTEEN # days after receipt by such Pari Passu Creditor from Aegis of a written request to file any such UCC-3 amendment; provided that any UCC-3 amendment filed pursuant to this Section 7 by any [[Parties:Organization]]-District Creditor or of 2024 Note Creditor or by Aegis shall amend the collateral description of any UCC financing statement to read as follows: