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ted counterpart of the Collateral Management Agreement and the Collateral Administration Agreement. (x) Grant of Collateral Obligations. The first Grant pursuant to the Granting Clauses of this Indenture of all of the Issuer's right, title and interest in and to the Collateral Obligations pledged to
llateral Obligations. The first Grant pursuant to the Granting Clauses of this Indenture of all of the Issuer's right, title and interest in and to the Collateral Obligations pledged to the Trustee for inclusion in the Collateral on the Closing Date securing the Notes and delivery of such Collateral Obligations (includin
(D) the Issuer has full right to Grant a security interest in and assign and pledge such Collateral Obligation to the Trustee; (E) the information set forth with respect to such Collate
efinition of Collateral Obligation and of Section 3.1(x); and (G) upon Grant by the Issuer, the Trustee has a first priority security interest in the Collateral Obligations and other Collateral (subject, in the case of Synthetic Security Counterparty Account, to the lien in favor of the Synthetic Security Counterparty)
ted counterpart of the Collateral Management Agreement and the Collateral Administration Agreement. (x) Grant of Collateral Obligations. The first Grant pursuant to the Granting Clauses of this Indenture of all of the Issuer's right, title and interest in and to the Collateral Obligations pledged to
llateral Obligations. The first Grant pursuant to the Granting Clauses of this Indenture of all of the Issuer's right, title and interest in and to the Collateral Obligations pledged to the Trustee for inclusion in the Collateral on the Closing Date securing the Notes and delivery of such Collateral Obligations (includin
f the Secured Parties hereunder and to: (i) Grant more effectively all or any portion of the Collateral; (ii) maintain, preserve and perfect any Grant made or to be made by this Indenture including, without limitation, the first priority nature of the lien or carry out more effectively the purpose
llection Subaccount. (d) Within 20 Business Days after the Ramp-Up End Date, the Issuer shall provide a report to the Rating Agencies identifying the Collateral Obligations and requesting from the Rating Agencies confirmation of their respective Initial Ratings of the Senior Notes. Within 20 Business Days after the Ram
Entities connected to both Grant and the Collateral Obligations

Eric Holder
PERSONthe Rating Agencies
ORGANIZATIONRating Agency
ORGANIZATIONCollateral
ORGANIZATIONthe Portfolio Profile Test
ORGANIZATIONthe Collateral Quality Test
ORGANIZATION
Moody's
ORGANIZATION
Bloomberg L.P.
ORGANIZATIONthe Initial Purchaser
ORGANIZATIONthe Collateral Principal Amount
ORGANIZATIONEquity Security
ORGANIZATIONGrant of Collateral Obligations
ORGANIZATIONCDO Monitor
ORGANIZATIONCollateral Managres
ORGANIZATION
the Cayman Islands
LOCATIONthe Synthetic Security Counterparty
ORGANIZATION