Epstein Secrets

ales that have an Aggregate Principal Balance at least equal to the Principal Balance of such Collateral Obligation sold: and (iii) The ratings by Moody's on any Class A Notes are not one or more rating subcategories, and the ratings by Moody's on any other Class of Senior Notes are not two or more rat

egins on the Ramp-Up End Date and ends on and includes the 30th Business Day following the Ramp•Up End Date. then the Issuer will be required to use Interest Proceeds (and if Interest Proceeds are insufficient. Principal Proceeds) to redeem the Senior Notes in accordance with the Priority of Payments. Sales and P

ng as a single class) and the Subordinated Securities, for any other purpose: provided, in each case. that notice has been given to the Trustee and Moody's. and Rating Agency Confirmation has been obtained from S&P. The Investment Management Agreement generally permits the Investment Manager and any of

distribution in excess of (x) the amounts payable pursuant to clauses (aXi) through (a)(v) (without regard to clause (aXiv)(B)) of the Priority of Interest Proceeds plus (y) the current interest payments on the Class A Notes or if no Class A Notes are Outstanding, the Controlling Class. Any Deferred Subordinated

held by the Issuer in respect of such lease or other transaction is treated as debt for U.S. federal income tax purposes and (d) it has a rating by Moody's and S&P. "Fiscal Agency Agreement": The Fiscal Agency Agreement dated as of the Closing Date among the Fiscal Agent. the Share Registrar and the Is

pplicable, in any Tax Jurisdiction. "Excess Interest": Any Interest Proceeds distributed on the Subordinated Securities pursuant to the Priority of Interest Proceeds. "FATCA Compliance": Compliance with Sections 1471 through 1474 of the Code and any related provisions of law. court decisions, or administrative g

f the Investment Company Act. "Rated Notes Redemption Date": Any Redemption Date on which a Rated Notes Redemption occurs. "Rating Agency": Each of Moody's and S&P, in each case for so long as any of the Notes rated by such entity arc Outstanding. "Rating Agency Confirmation": Confirmation in writing (

vestments and other Collateral, including amounts received in respect of original issue discount or market discount, but excluding amounts that are Interest Proceeds and hedge termination payments used to purchase a replacement Hedge Agreement and excluded from the definition of Interest Proceeds: (b) with resp

additional Collateral Obligation purchased therewith is not lower than the S&P Rating of the Collateral Obligation sold: and (vii) the ratings by Moody's on any Class A Notes are not one or more rating subcategories, and the ratings by Moody's on any other Class of Senior Notes are not two or more rat

vent of Default has occurred and is continuing, the Collateral Manager may direct the Trustee to invest available Principal Proceeds (together with Interest Proceeds pursuant to clause (16) of the Interest Priority of Pm ments and accrued interest received with respect to any Collateral Obligation to the extent u

ales that have an Aggregate Principal Balance at least equal to the Principal Balance of such Collateral Obligation sold: and (iii) The ratings by Moody's on any Class A Notes are not one or more rating subcategories, and the ratings by Moody's on any other Class of Senior Notes are not two or more rat

egins on the Ramp-Up End Date and ends on and includes the 30th Business Day following the Ramp•Up End Date. then the Issuer will be required to use Interest Proceeds (and if Interest Proceeds are insufficient. Principal Proceeds) to redeem the Senior Notes in accordance with the Priority of Payments. Sales and P

ng as a single class) and the Subordinated Securities, for any other purpose: provided, in each case. that notice has been given to the Trustee and Moody's. and Rating Agency Confirmation has been obtained from S&P. The Investment Management Agreement generally permits the Investment Manager and any of

distribution in excess of (x) the amounts payable pursuant to clauses (aXi) through (a)(v) (without regard to clause (aXiv)(B)) of the Priority of Interest Proceeds plus (y) the current interest payments on the Class A Notes or if no Class A Notes are Outstanding, the Controlling Class. Any Deferred Subordinated

f the Investment Company Act. "Rated Notes Redemption Date": Any Redemption Date on which a Rated Notes Redemption occurs. "Rating Agency": Each of Moody's and S&P, in each case for so long as any of the Notes rated by such entity arc Outstanding. "Rating Agency Confirmation": Confirmation in writing (

vestments and other Collateral, including amounts received in respect of original issue discount or market discount, but excluding amounts that are Interest Proceeds and hedge termination payments used to purchase a replacement Hedge Agreement and excluded from the definition of Interest Proceeds: (b) with resp

In the case of a Synthetic Security, the Synthetic Security Counterparty or issuer, as the case may be, has a long-term senior unsecured rating by Moody's of at least "Al", and if rated "Al" by Moody's, such rating is not on watch for downgrade, and a long-term senior unsecured rating by. of at least

obligations under the Collateral Administration Agreement. "Collateral Interest Amount": As of any date of determination, the aggregate amount of Interest Proceeds that have been received or are reasonably expected to be received, in each case during the Collection Period in which such date of determination occ