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poses. 3. The obligation (a) has a Moody's Rating (including any estimated or confidential rating which is in respect of the full obligation of the Obligor and which is monitored) and (b) has an S&P Rating (including any confidential rating which is in respect of the full obligation of the Obligor and w
d payable only in U.S. Dollars. 2. The terms of the obligation do not provide for such obligation to be converted or exchanged at any time into any Equity Security or any other security or asset that is characterized as equity for U.S. federal income tax purposes. 3. The obligation (a) has a Moody's Rating (in
poses. 3. The obligation (a) has a Moody's Rating (including any estimated or confidential rating which is in respect of the full obligation of the Obligor and which is monitored) and (b) has an S&P Rating (including any confidential rating which is in respect of the full obligation of the Obligor and w
d payable only in U.S. Dollars. 2. The terms of the obligation do not provide for such obligation to be converted or exchanged at any time into any Equity Security or any other security or asset that is characterized as equity for U.S. federal income tax purposes. 3. The obligation (a) has a Moody's Rating (in
poses. (c) The obligation (a) has a Moody's Rating (including any estimated or confidential rating which is in respect of the MI obligation of the Obligor and which is monitored) and (b) has an S&P Rating (including any confidential rating which is in respect of the full obligation of the Obligor and
(b) The terms of the obligation do not provide for such obligation to be converted or exchanged at any time into any Equity Security or any other security or asset that is characterized as equity for U.S. federal income tax purposes. (c) The obligation (a) has a Moody's Rating (
Entities connected to both Obligor and Equity Security

Moody's
ORGANIZATIONMoody's Rating
ORGANIZATIONthe Collateral Obligations
ORGANIZATIONSubordinated Lien Loans
ORGANIZATION
United States
LOCATIONCollateral
ORGANIZATIONthe Collateral Obligations and Eligible Investments
ORGANIZATIONthe Collateral Principal Amount
ORGANIZATIONRevolving Loan
ORGANIZATIONthe Initial Purchaser
ORGANIZATION
Luxembourg
LOCATIONthe Excluded Property
ORGANIZATIONthe Moody's Assigned Rating
ORGANIZATIONStandard & Poor's
ORGANIZATION