not limited to: Jamaica, Haiti, Trinidad & Tobago, St. Lucia, Grenada, St. Vincent & the Grenadines, Antigua & Barbuda, St. Kitts, Nevis, Dominica, the Netherlands Antilles, Belize, the Bahamas, Cuba, Dominican Republic, Guyana and Barbados, or (ii) under the laws of any foreign country when the United States State D

ributed, interests may not be directly or indirectly offered, sold or delivered and no funds or other property may be raised or obtained in or from the Netherlands Antilles for purposes of participating in the Fund, unless the Fund has obtained: (a) an exemption from the Netherlands Antilles Central Bank. Exempting the

er) required to make payments on a Synthetic Security (including any guarantor). "Tax Advantaged Jurisdiction": One of the Cayman Islands. Bermuda. the Netherlands Antilles or the tax advantaged jurisdiction of the Channel Islands. or such other jurisdiction that each Rating Agency has confirmed in writing will not res