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scription of the Notes." Return Considerations. The return to each Holder of the Income Notes will be a function of the purchase price paid by such Holder for the Income Notes and the timing and amount of distributions made in respect of its Income Notes during the term of the transaction. Each prospec
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
scription of the Notes." Return Considerations. The return to each Holder of the Income Notes will be a function of the purchase price paid by such Holder for the Income Notes and the timing and amount of distributions made in respect of its Income Notes during the term of the transaction. Each prospec
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
s (judicial or otherwise) with respect to the Indenture, or to appoint a receiver or trustee or to seek any other remedy thereunder unless: (i) such Holder previously has given written notice to the Trustee of a continuing Event of Default. (ii) the Holders of at least 25% of the Aggregate Principal Amo
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.
te for or accept or adopt on behalf of any Noteholder, any plan of reorganization, arrangement, adjustment or composition affecting the Notes or any Holder thereof, or to authorize the Trustee to vote in respect of the claim of any Noteholder in any such Proceeding except, as aforesaid, to vote for the
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 Eric Holder and Notes Outstanding
Collateral
ORGANIZATIONthe Requisite Noteholders
ORGANIZATIONInterest Proceeds
ORGANIZATIONthe Holders of the Income Notes
ORGANIZATIONthe Collateral Quality Test
ORGANIZATIONthe Event of Default
ORGANIZATIONthe Collateral Obligations
ORGANIZATIONthe Eligible Investments
ORGANIZATIONthe Eligible Investments and Collateral Obligations
ORGANIZATIONRequisite
ORGANIZATION