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(d) An "Aggregate Industry Equivalent Unit Score" (as defined in the definition of the "Diversity Score" herein) is then calculated for each of the Moody's industrial classification groups, by summing the Equivalent Unit Scores for each issuer (other than the issuers of Defaulted Obligations) in each s
e, a Synthetic Security shall be included as a Collateral Obligation having the characteristics of the related Reference Obligation and not that of the Synthetic Security, and the issuer of such related Reference Obligation shall be deemed to be the related Reference Eniiry. CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P
(d) An "Aggregate Industry Equivalent Unit Score" (as defined in the definition of the "Diversity Score" herein) is then calculated for each of the Moody's industrial classification groups, by summing the Equivalent Unit Scores for each issuer (other than the issuers of Defaulted Obligations) in each s
e, a Synthetic Security shall be included as a Collateral Obligation having the characteristics of the related Reference Obligation and not that of the Synthetic Security, and the issuer of such related Reference Obligation shall be deemed to be the related Reference Eniiry. CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P
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
ed that, in the case of (i), (ii), (iii) or (iv), such obligation, and in the case of (v), the relevant underlying obligation and, where indicated, the Synthetic Security itself, satisfies the Collateral Obligation Eligibility Criteria as of such date) and has been Delivered to the trustee as Collateral hereunder. "C
Entities connected to both Moody's and the Synthetic Security
Rating Agency
ORGANIZATIONInterest Proceeds
ORGANIZATIONthe Moody's Assigned Rating
ORGANIZATIONthe Collateral Obligations
ORGANIZATION
Bermuda
LOCATIONthe Moody's Recovery Rate
ORGANIZATIONthe Portfolio Profile Test
ORGANIZATIONNational Association
ORGANIZATIONCollateral
ORGANIZATIONthe Collateral Quality Test
ORGANIZATIONthe Determination Date
ORGANIZATIONthe Channel Islands
LOCATIONAggregate Industry Equivalent Unit Score
ORGANIZATIONRegulation S.
LOCATIONthe Average Par Amount
ORGANIZATIONthe Diversity Score Table
ORGANIZATIONthe Industry Diversity Scores
ORGANIZATIONEquity Security
ORGANIZATION