Extract to table

This Term Sheet supersedes all prior oral and written communications between the parties regarding the subject matter hereof but shall not limit the scope of any future negotiations

All provisions of the LPA not expressly modified by the Side Letter shall remain in full force and effect as applied to BFO

The Side Letter, when executed, shall be governed by and construed in accordance with the laws of the State of Delaware, without regard to the conflicts of law principles thereof

Capitalized terms used but not defined in this Term Sheet shall have the meanings ascribed to them in the LPA or the PPM, as applicable

The parties acknowledge that the investment committee approval process is an internal matter of BFO and that neither the General Partner nor the Fund shall have any obligation or liability arising from the timing or outcome of such process

Notwithstanding the foregoing, the MFN Rights shall not apply to: (i) Terms granted to limited partners committing Two Hundred Million Dollars ($200,000,000) or more to the Fund ("Anchor Investors")