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liquidation) would be sufficient to discharge in full the amounts due and unpaid with respect to all the Senior Notes and certain other amounts and the Requisite Noteholders and the Collateral Manager agree with such determination; or (ii) a Majority of each Class of Senior Notes Outstanding directs the sale and liquida
ain other amounts and the Requisite Noteholders and the Collateral Manager agree with such determination; or (ii) a Majority of each Class of Senior Notes Outstanding directs the sale and liquidation of the Collateral. Subordination of Income Notes. The Holders of the Income Notes will be subordinate in payment t
liquidation) would be sufficient to discharge in full the amounts due and unpaid with respect to all the Senior Notes and certain other amounts and the Requisite Noteholders and the Collateral Manager agree with such determination; or (ii) a Majority of each Class of Senior Notes Outstanding directs the sale and liquida
ain other amounts and the Requisite Noteholders and the Collateral Manager agree with such determination; or (ii) a Majority of each Class of Senior Notes Outstanding directs the sale and liquidation of the Collateral. Subordination of Income Notes. The Holders of the Income Notes will be subordinate in payment t
(including Deferred Interest), and all amounts payable prior to payment of principal on such Senior Notes pursuant to the Priority of Payments and the Requisite Noteholders and the Collateral Manager agree with such determination: or (ii) a Majority of each Class of Senior Notes Outstanding directs the sale and liquidat
rity of Payments and the Requisite Noteholders and the Collateral Manager agree with such determination: or (ii) a Majority of each Class of Senior Notes Outstanding directs the sale and liquidation of the Collateral. Rights Under the Indenture Except as provided herein in the case of the Requisite Noteholders.
ee. If an Event of Default occurs and is continuing, subject to Section 5.5, the Trustee may in its discretion, and shall upon written direction of the Requisite Noteholders, proceed to protect and enforce its rights and the rights of the Noteholders by such appropriate Proceedings as the Trustee shall deem most effectu
ty of Payments and the Requisite Noteholders and the Collateral Manager agree with such determination; or (ii) a Majority of each Class of Senior Notes Outstanding directs the sale and liquidation of the Collateral. The Trustee shall give written notice of the retention of the Collateral to the Issuer with a
Entities connected to both the Requisite Noteholders and Notes Outstanding

Eric Holder
PERSONthe Collateral Obligations
ORGANIZATIONRequisite
ORGANIZATIONInterest Proceeds
ORGANIZATIONthe Holders of the Income Notes
ORGANIZATIONthe Eligible Investments and Collateral Obligations
ORGANIZATIONthe Eligible Investments
ORGANIZATIONthe Collateral Quality Test
ORGANIZATIONthe Event of Default
ORGANIZATION