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ger acting on its behalf to be imposed) in an aggregate amount in excess of $500,000. "Tax Jurisdiction": Any of the tax advantaged jurisdictions of the Cayman Islands, the Bahamas, Bermuda, the Isle of Man, the Jersey Islands, Curacao and the Channel Islands (in each case, except with respect to an Excepted Compa
le, ruling, practice, procedure or judicial decision or interpretation which results in (a) any portion of any payment due from any issuer under any Pledged Collateral Obligation becoming subject to the imposition of U.S. or non-U.S. withholding tax (other than withholding tax with respect to (i) commitment and similar fees
ers of Securities), dated the Additional Securities Closing Date; (iv) an Opinion of Counsel to the Issuer (which shall be limited to the laws of the Cayman Islands), dated the Additional Securities Closing Date; (v) with respect to each of the Co-Issuers, an Officer's certificate stating that (A) it is not in
e Issuer, dated as of the Closing Date, to the effect that with respect to each Pledged Collateral Obligation: (A) the Issuer is the owner of such Pledged Collateral Obligation free and clear of any liens, claims or encumbrances of any nature whatsoever except LNG IM CLO 2011-1 86 CONFIDENTIAL - PURSUANT TO FED. R. CRIM.
ger acting on its behalf to be imposed) in an aggregate amount in excess of $500,000. "Tax Jurisdiction": Any of the tax advantaged jurisdictions of the Cayman Islands, the Bahamas, Bermuda, the Isle of Man, the Jersey Islands, Curacao and the Channel Islands (in each case, except with respect to an Excepted Compa
le, ruling, practice, procedure or judicial decision or interpretation which results in (a) any portion of any payment due from any issuer under any Pledged Collateral Obligation becoming subject to the imposition of U.S. or non-U.S. withholding tax (other than withholding tax with respect to (i) commitment and similar fees
ers of Securities), dated the Additional Securities Closing Date; (iv) an Opinion of Counsel to the Issuer (which shall be limited to the laws of the Cayman Islands), dated the Additional Securities Closing Date; (v) with respect to each of the Co-Issuers, an Officer's certificate stating that (A) it is not in
e Issuer, dated as of the Closing Date, to the effect that with respect to each Pledged Collateral Obligation: (A) the Issuer is the owner of such Pledged Collateral Obligation free and clear of any liens, claims or encumbrances of any nature whatsoever except LNG IM CLO 2011-1 86 CONFIDENTIAL - PURSUANT TO FED. R. CRIM.
Entities connected to both the Cayman Islands and Pledged Collateral Obligation

Bermuda
LOCATION
Moody's
ORGANIZATIONRating Agency
ORGANIZATIONthe District of Columbia
LOCATION
Bahamas
LOCATIONthe Channel Islands
LOCATIONInterest Proceeds
ORGANIZATIONthe Isle of Man
LOCATIONCuracao
LOCATIONTax Event
ORGANIZATIONEquity Workout Securities
ORGANIZATIONthe Jersey Islands
LOCATIONExcepted Company
ORGANIZATIONGrant of Collateral Obligations
ORGANIZATIONthe Trustee of a certificate
ORGANIZATIONthe Co-Issued Securities
ORGANIZATIONthe Additional Securities Closing Date
ORGANIZATIONInternal Rate of Return
ORGANIZATIONGoverning Documents
ORGANIZATIONthe Securities on the Closing Date
ORGANIZATION