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he Investment Manager pursuant to Section 3.3. "Effective Date Moody's Condition": A condition satisfied if the Investment Manager has provided to Moody's an accountants' letter confirming that each Collateral Quality Test (other than the S&P CDO Monitor Test), each applicable Coverage Test and each Co
ess Day preceding such Redemption Date, Stated Maturity or last Liquidation Distribution Date, as the case may be) and beginning on (and including) the Determination Date related to the preceding Distribution Date (or beginning on the Closing Date, in the case of the first Due Period). "Effective Date": The earlier o
sity Score" is a single number that indicates collateral concentration in terms of industry and obligor concentration. It is similar to a score that Moody's uses to measure default risk for purposes of its ratings. A higher Diversity Score reflects a more diverse portfolio in terms of obligor and industr
ess Day preceding such Redemption Date, Stated Maturity or last Liquidation Distribution Date, as the case may be) and beginning on (and including) the Determination Date related to the preceding Distribution Date (or beginning on the Closing Date, in the case of the first Due Period). "Effective Date": The earlier t
sity Score" is a single number that indicates collateral concentration in terms of industry and obligor concentration. It is similar to a score that Moody's uses to measure default risk for purposes of its ratings. A higher Diversity Score reflects a more diverse portfolio in terms of obligor and industr
ess Day preceding such Redemption Date, Stated Maturity or last Liquidation Distribution Date, as the case may be) and beginning on (and including) the Determination Date related to the preceding Distribution Date (or beginning on the Closing Date, in the case of the first Due Period). "Effective Date": The earlier t
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
g Date to and including the Determination Date related to such Payment Date and (ii) for each Payment Date thereafter, the period from but excluding the Determination Date related to the prior Payment Date to and including the Determination Date related to such Payment Date; provided that the final Collection Period s
Entities connected to both Moody's and the Determination Date

Bloomberg L.P.
ORGANIZATIONRating Agency
ORGANIZATIONInterest Proceeds
ORGANIZATIONthe Rating Agencies
ORGANIZATIONEligible Principal Investments
ORGANIZATIONthe Collateral Obligations
ORGANIZATIONCollateral Matrix
ORGANIZATIONthe Moody's Assigned Rating
ORGANIZATIONthe Collateral Quality Test
ORGANIZATIONthe Moody's Recovery Rate
ORGANIZATIONMoody's Condition
ORGANIZATIONthe Portfolio Profile Test
ORGANIZATIONthe Synthetic Security
ORGANIZATIONEuroclear
ORGANIZATIONMoody's Collateral Value
ORGANIZATIONCollateral Obligation
ORGANIZATIONthe Investment Criteria
ORGANIZATIONthe Holders of the Income Notes
ORGANIZATIONthe "Diversity Score
ORGANIZATIONThe Weighted Average Life Test
ORGANIZATION