Epstein Secrets

ction with the offering of the Securities rather than to make investments in Collateral Obligations. As a result. the aggregate principal balance of the Collateral Obligations will be less than the initial Aggregate Outstanding Amount of the Securities. In addition, during the lifetime of the transaction, except as descri

initial investment made in the Subordinated Securities. Therefore, over the passage of time. holders of Subordinated Securities will have to rely on Excess Interest for their ultimate return. 8 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0072283 CONFIDENTIAL SONY GM_00218487 EFTA01376288

ction with the offering of the Securities rather than to make investments in Collateral Obligations. As a result. the aggregate principal balance of the Collateral Obligations will be less than the initial Aggregate Outstanding Amount of the Securities. In addition, during the lifetime of the transaction, except as descri

initial investment made in the Subordinated Securities. Therefore, over the passage of time. holders of Subordinated Securities will have to rely on Excess Interest for their ultimate return. 8 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0056318 CONFIDENTIAL SDNY GM_00202502 EFTA01365541

y the same percentage of noteholders that were required to direct it. so long as no irrevocable steps have been taken with respect to liquidation of the Collateral Obligations. In addition, if the Trustee does not receive the required certification from the Investment Manager under the Indenture, the Optional Redemption sh

of days elapsed in the relevant Interest Period divided by 360. On each Distribution Date, the Subordinated Securities will be entitled to receive Excess Interest (if any) in accordance with the Priority of Payments and, in the case of Preferred Shares. the Fiscal Agency Agreement and the Memorandum and Articl