Epstein Secrets

and is continuing and subject to Section 12.3, the Collateral Manager may direct the Trustee to invest available Principal Proceeds (together with Interest Proceeds pursuant to Section 11.1(aXi)(P) and accrued interest received with respect to any Collateral Obligation to the extent used to pay for accrued inter

t satisfied, such test or criterion will be maintained or improved); provided, that in the case of additional Collateral Obligations purchased with Sale Proceeds or any Principal Proceeds of a Defaulted Obligation, each Coverage Test must be satisfied immediately before and immediately following such purchas

vent of Default has occurred and is continuing, the Collateral Manager may direct the Trustee to invest available Principal Proceeds (together with Interest Proceeds pursuant to clause (16) of the Interest Priority of Pm ments and accrued interest received with respect to any Collateral Obligation to the extent u

n, each Coverage Test must be satisfied inmiediately following such purchase: (ii) in the case of additional Collateral Obligations purchased with Sale Proceeds of a Credit Risk Obligation or Defaulted Obligation, the Aggregate Principal Balance of such additional Collateral Obligations is at (cast equal to

rkout Security or Collateral Obligation held by a Tax Subsidiary rather than its interest in that Tax Subsidiary. For purposes of the definition of Interest Proceeds, each Equity Workout Security will be treated as a Defaulted Obligation until the aggregate amounts received by the Issuer in connection with such

the Investment Manager will use commercially reasonable efforts to purchase Collateral Obligations with a Principal Balance at least equal to such Sale Proceeds, unless, at the time of the sale, the Effective Date Overcollaterization Ratio is satisfied. With respect to each sale of Pledged Collateral Obliga