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Notes": The Regulation S Global Notes and the Rule I44A Global Notes. "Grid Test": A test that will be satisfied as of any date of determination if the Collateral Obligations in the aggregate have a Weighted Average Rating no greater than and a Diversity Score at least equal to the respective levels set forth in any appl
established under the Indenture. "Federal Reserve Board": The Board of Governors of the United States Federal Reserve System. "First Lien Loan": A Secured Loan secured by a first priority security interest in the relevant collateral. "Florida Act": The Florida Securities Act. -Form-Approved Synthetic Secur
&P CDO Monitor at such time. -S&P CDO Monitor" means a dynamic, analytical computer program developed by S&P and used to estimate defaulted risk of the Collateral Obligations, as it may be modified by S&P from time to time. "S&P Collateral Value": With respect to any Defaulted Obligation or Deferring P1K Obligation and a
ery Rate": With respect to a Collateral Obligation that is a (i) First Licn Loan. 57%, unless S&P shall have assigned a higher recovery rate to such Secured Loan, (ii) Subordinated Lien Loan or senior unsecured Loan, 40 %, unless S&P shall have assigned a higher recovery• rate to such Loan (provided that to t
Notes": The Regulation S Global Notes and the Rule I44A Global Notes. "Grid Test": A test that will be satisfied as of any date of determination if the Collateral Obligations in the aggregate have a Weighted Average Rating no greater than and a Diversity Score at least equal to the respective levels set forth in any appl
established under the Indenture. "Federal Reserve Board": The Board of Governors of the United States Federal Reserve System. "First Lien Loan": A Secured Loan secured by a first priority security interest in the relevant collateral. "Florida Act": The Florida Securities Act. -Form-Approved Synthetic Secur
&P CDO Monitor at such time. -S&P CDO Monitor" means a dynamic, analytical computer program developed by S&P and used to estimate defaulted risk of the Collateral Obligations, as it may be modified by S&P from time to time. "S&P Collateral Value": With respect to any Defaulted Obligation or Deferring P1K Obligation and a
ery Rate": With respect to a Collateral Obligation that is a (i) First Licn Loan. 57%, unless S&P shall have assigned a higher recovery rate to such Secured Loan, (ii) Subordinated Lien Loan or senior unsecured Loan, 40 %, unless S&P shall have assigned a higher recovery• rate to such Loan (provided that to t
Entities connected to both the Collateral Obligations and Secured Loan

Moody's
ORGANIZATIONthe Rating Agencies
ORGANIZATIONthe Collateral Principal Amount
ORGANIZATIONthe Reference Obligation or Reference Obligations
ORGANIZATIONCDO Monitor
ORGANIZATIONthe Current Portfolio
ORGANIZATIONGrid Test
ORGANIZATIONthe S&P CDO Monitor
ORGANIZATIONthe Current Portfolio or Proposed Portfolio
ORGANIZATIONFirst Licn Loan
ORGANIZATIONUnsecured Bond
ORGANIZATIONvi) Subordinated Bond
ORGANIZATIONthe Minimum Adjusted Spread
ORGANIZATIONThe Florida Securities Act
ORGANIZATIONthe Rule I44A Global Notes
ORGANIZATIONa Weighted Average Rating
ORGANIZATIONa Diversity Score
ORGANIZATION