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satisfying any applicable Interim Target, the Collateral Manager will provide to each Rating Agency a plan as to how the Issuer will satisfy the Ramp-Up Period Criteria, and until the Collateral Manager has obtained Rating Continuation for such pl
(i) The Aggregate Principal Balance of all such Collateral Obligations sold pursuant to this provision in any calendar year may not exceed 25% of the Collateral Principal Amount as of the beginning of such year, (ii) As of the date of such sale, the Collateral Manager reasonably believes that it will be able. within 30 da
in the Indenture) and (iv) with reasonable prior written notice to the Co-Issuers. the Collateral Manager and the Trustee, any Business Day that a Rating Agency requests to be a "Measurement Date"; provided that if any such date would otherwise fall on a day that is not a Business Day. the relevant Measureme
gation shall be deemed to be zero: provided that with respect to such Collateral Obligations with an Aggregate Principal Balance not exceeding 5% of the Collateral Principal Amount. the Market Value will be the lesser of (A) the Collateral Manager's estimate of the market value (and not the recovery rate) of such Collateral Ob
Determination Date and (iv) with reasonable prior written notice to the Co-Issuers, the Collateral Manager and the Trustee, any Business Day that a Rating Agency requests to be a "Measurement Date"; provided that if any such date would otherwise fall on a day that is not a Business Day, the relevant Measurem
ation shall be deemed to be zero; provided that with respect to such Collateral Obligations with an Aggregate Principal Balance not exceeding 5% of the Collateral Principal Amount, the Market Value will be the lesser of (A) the Collateral Manager's estimate of the market value (and not the recovery rate) of such Collateral Ob
e information in any monthly report prepared under the Indenture is calculated, (iv) with reasonable prior notice, any Business Day requested by any Rating Agency and (v) on the Ramp-Up End Date. Defaulted Obligations will be excluded for all purposes of calculating the Portfolio Profile Test (except as prov
% of the Collateral Principal Amount: (xi) The Aggregate Principal Balance of the Collateral Obligations that are DIP Loans may not exceed 7.5% of the Collateral Principal Amount; (xii) The Aggregate Principal Balance of the Collateral Obligations that are Current Pay Obligations may not exceed 5% of the Collateral Principa
satisfying any applicable Interim Target, the Collateral Manager will provide to each Rating Agency a plan as to how the Issuer will satisfy the Ramp-Up Period Criteria, and until the Collateral Manager has obtained Rating Continuation for such pl
(i) The Aggregate Principal Balance of all such Collateral Obligations sold pursuant to this provision in any calendar year may not exceed 25% of the Collateral Principal Amount as of the beginning of such year, (ii) As of the date of such sale, the Collateral Manager reasonably believes that it will be able. within 30 da
in the Indenture) and (iv) with reasonable prior written notice to the Co-Issuers. the Collateral Manager and the Trustee, any Business Day that a Rating Agency requests to be a "Measurement Date"; provided that if any such date would otherwise fall on a day that is not a Business Day. the relevant Measureme
gation shall be deemed to be zero: provided that with respect to such Collateral Obligations with an Aggregate Principal Balance not exceeding 5% of the Collateral Principal Amount. the Market Value will be the lesser of (A) the Collateral Manager's estimate of the market value (and not the recovery rate) of such Collateral Ob
Entities connected to both Rating Agency and the Collateral Principal Amount

Moody's
ORGANIZATION
Eric Holder
PERSONInterest Proceeds
ORGANIZATIONthe Rating Agencies
ORGANIZATIONthe Initial Purchaser
ORGANIZATIONthe Collateral Obligations
ORGANIZATIONMoody's Rating
ORGANIZATIONthe Portfolio Profile Test
ORGANIZATIONthe Moody's Recovery Rate
ORGANIZATIONStandard & Poor's
ORGANIZATIONClass of Securities
ORGANIZATIONMargin Stock
ORGANIZATIONCollateral
ORGANIZATIONGrant
PERSONSupplemental Indentures
ORGANIZATIONMoody's Investors Service, Inc.
ORGANIZATION
Luxembourg
LOCATIONMoody's Adjusted Rating Factor
ORGANIZATIONCredit Improved Obligation
ORGANIZATIONthe Corporate Trust Office
ORGANIZATION