Epstein Secrets

ION PURPOSES ONLY End Notts 1 RIN II Ltd. is a Cayman Islands exempted company. 2 Source: -Infrastructure Default and Recovery Rates 1983-2016", Moody's. July 2017. Past performance is not a guarantee of future results. 3 Source: 'Moody's Approach to Rating Collateralized Debt Obligations Backed by

the Collateral Obligations at any time in the future. Furthermore. a Rating Agency may retroactively apply any such new standards to the ratings of the Collateral Obligations. Any such action codd result in a substantial lowering or a withdrawal of any rating assigned to a Collateral Obligation. C 2018 Deutsche Asset Man

amount, the premium or coupon, the effective date, the termination date and other similarly necessary changes) to a form which has been approved by Moody's and S&P in writing and (b) which the Issuer has certified to the Trustee in writing is a Form-Approved Synthetic Security•: provided that either of

Notes": The Regulation S Global Notes and the Rule I44A Global Notes. "Grid Test": A test that will be satisfied as of any date of determination if the Collateral Obligations in the aggregate have a Weighted Average Rating no greater than and a Diversity Score at least equal to the respective levels set forth in any appl

ION PURPOSES ONLY End Notts 1 RIN II Ltd. is a Cayman Islands exempted company. 2 Source: -Infrastructure Default and Recovery Rates 1983-2016", Moody's. July 2017. Past performance is not a guarantee of future results. 3 Source: 'Moody's Approach to Rating Collateralized Debt Obligations Backed by

the Collateral Obligations at any time in the future. Furthermore. a Rating Agency may retroactively apply any such new standards to the ratings of the Collateral Obligations. Any such action codd result in a substantial lowering or a withdrawal of any rating assigned to a Collateral Obligation. C 2018 Deutsche Asset Man

o any payment obligation thereunder; (b) as to which the [Moody's Additional Current Pay Criteria] are satisfied (so long as any Notes are rated by Moody's) and (c) if the Obligor of such Collateral Obligation is subject to a bankruptcy, insolvency, receivership or similar proceeding, (i) the relevant c

RIN II • 094 Alpha Group Capital LLC "Collateral Quality Test" is one of the tests relating to the credit characteristics of the Collateral Obligations and, with respect to a Facility has the meaning set forth the Initial Facility Agreement. -Collateral Reports" has the meaning specified in the Ini

amount, the premium or coupon, the effective date, the termination date and other similarly necessary changes) to a form which has been approved by Moody's and S&P in writing and (b) which the Issuer has certified to the Trustee in writing is a Form-Approved Synthetic Security•: provided that either of

Notes": The Regulation S Global Notes and the Rule I44A Global Notes. "Grid Test": A test that will be satisfied as of any date of determination if the Collateral Obligations in the aggregate have a Weighted Average Rating no greater than and a Diversity Score at least equal to the respective levels set forth in any appl

Secured Loan": Am• Loan (other than (a) a Senior Secured Loan or (b) a Senior Secured Note or a Second Lien Loan that has an obligation rating from Moody's that is equal to or greater than its Obligor's Corporate Family Rating). 113 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0056423 CO

default during the past two years. the Moody's Equivalent Senior Unsecured Rating will be "Ca." Notwithstanding the foregoing, no more than 10% of the Collateral Obligations, by Aggregate Principal Balance, may be given a Moody's Equivalent Senior Unsecured Rating based on a rating given by S&P as provided in clauses (f

f such Collateral Obligation may be determined using any one of the methods below: (A) if an obligation of the obligor has a published rating from Moody's then the S&P Rating will be determined in accordance with the methodologies for establishing the Moody's Rating, except that the S&P Rating of such

P equivalent of the rating assigned by Moody's if such Collateral Obligation is rated "Ba I" or lower by Moody's: provided that no more than 13% of the Collateral Obligations, by Aggregate Principal Balance, may be given an S&P Rating based on a rating given by Moody's as provided in this subclause (A): or (B) if no ot

he case of a waiver of Default relating to a breach of the representations contained in Section 3.4, written notice of such waiver must be given to Moody's. Upon any such waiver, such Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every

llection Subaccount. (d) Within 20 Business Days after the Ramp-Up End Date, the Issuer shall provide a report to the Rating Agencies identifying the Collateral Obligations and requesting from the Rating Agencies confirmation of their respective Initial Ratings of the Senior Notes. Within 20 Business Days after the Ram