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such date would otherwise fall on a day that is not a Business Day. the relevant Measurement Date will be the immediately following Business Day. "Moody's": Moody's Investors Service, Inc. or any successor thereto. "Moody's Adjusted Rating Factor": With respect to a Structured Finance Obligation. an am
Obligation. an amount equal to (i) the Expected Loss for such Structured Finance Obligation based on its Moody's Rating divided by (ii) 100% minus the Moody's Recovery Rate for such Structured Finance Obligation, where "Expected Loss" is determined as follows: Rating Exnccted Loss Aaa 0.55 Aa I 5.50 Aa2 11.00 A
at least "Aa2" from Moody's and a foreign currency issuer rating of at least "AA" from S&P, and any other country for which Rating Agency Confirmation is obtained. "Recovery R
ncy issuer rating of at least "AA" from S&P, and any other country for which Rating Agency Confirmation is obtained. "Recovery Rate": The lesser of the Moody's Recovery Rate and the S&P Recovery Rate. "Redeemed Notes": The meaning specified in Section 9.1(c). "Redemption Date": Any Distribution Date on which an Optional
such date would otherwise fall on a day that is not a Business Day. the relevant Measurement Date will be the immediately following Business Day. "Moody's": Moody's Investors Service, Inc. or any successor thereto. "Moody's Adjusted Rating Factor": With respect to a Structured Finance Obligation. an am
Obligation. an amount equal to (i) the Expected Loss for such Structured Finance Obligation based on its Moody's Rating divided by (ii) 100% minus the Moody's Recovery Rate for such Structured Finance Obligation, where "Expected Loss" is determined as follows: Rating Exnccted Loss Aaa 0.55 Aa I 5.50 Aa2 11.00 A
at least "Aa2" from Moody's and a foreign currency issuer rating of at least "AA" from S&P, and any other country for which Rating Agency Confirmation is obtained. "Recovery R
ncy issuer rating of at least "AA" from S&P, and any other country for which Rating Agency Confirmation is obtained. "Recovery Rate": The lesser of the Moody's Recovery Rate and the S&P Recovery Rate. "Redeemed Notes": The meaning specified in Section 9.1(c). "Redemption Date": Any Distribution Date on which an Optional
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
Obligation, an amount equal to (i) the Expected Loss for such Structured Finance Obligation based on its Moody's Rating divided by (ii) 100% minus the Moody's Recovery Rate for such Structured Finance Obligation, where "Expected Loss" is determined as follows: Rating Expected Loss Aaa 0.55 Aal 5.50 Aa2 11.00 Aa
Entities connected to both Moody's and the Moody's Recovery Rate
Rating Agency
ORGANIZATION
United States
LOCATIONthe Collateral Principal Amount
ORGANIZATIONMoody's Rating
ORGANIZATIONthe Collateral Obligations
ORGANIZATIONMoody's Investors Service, Inc.
ORGANIZATIONthe Moody's Assigned Rating
ORGANIZATIONthe Portfolio Profile Test
ORGANIZATIONthe Determination Date
ORGANIZATIONthe Collateral Quality Test
ORGANIZATIONMoody's Adjusted Rating Factor
ORGANIZATIONthe Synthetic Security
ORGANIZATIONThe Registered Office Agreement
ORGANIZATIONSection 9.1(b
LOCATIONDefaulted Interest
ORGANIZATIONPrather
PERSON