the Due Period in which such amounts were received: (E) the S&P rating of the purchased Collateral Obligation is no lower than the S&P rating of the Collateral Obligation that was prepaid or the Credit Risk Obligation that was sold; (F) the purchase price of the purchased Collateral Obligation is no lower than 60% o

after giving effect to such purchase. the following "Reinvestment Requirements" arc satisfied: (i) during or after the Reinvestment Period: (A) the Collateral Obligation is eligible for purchase by the Issuer and will not result in the failure of any Concentration Limit or. if failed immediately prior to such purchas

teral Obligation if, at the time of commitment to purchase, either the interest payments thereon are not subject to withholding tax or the issuer of the Collateral Obligation is required to make "gross-up" payments. Similarly, the Issuer may generally only enter into a Securities Lending Agreement in respect of any Colla

g the Due Period in which such amounts were received; (E) the S&P rating of the purchased Collateral Obligation is no lower than the S&P rating of the Collateral Obligation that was prepaid or the Credit Risk Obligation that was sold; (F) the purchase price of the purchased Collateral Obligation is no lower than 60%

as of any date of determination, will be the recovery rate determined in accordance with the following• in the following order of priority: (a) if the Collateral Obligation has been specifically assigned a recovery rate by Moody's (for example, in connection with the assignment by Moody's of an estimated rating). such r

the Due Period in which such amounts were received: (E) the S&P rating of the purchased Collateral Obligation is no lower than the S&P rating of the Collateral Obligation that was prepaid or the Credit Risk Obligation that was sold; (F) the purchase price of the purchased Collateral Obligation is no lower than 60% o

after giving effect to such purchase. the following "Reinvestment Requirements" arc satisfied: (i) during or after the Reinvestment Period: (A) the Collateral Obligation is eligible for purchase by the Issuer and will not result in the failure of any Concentration Limit or. if failed immediately prior to such purchas

based on the tables below in the following manner, or such higher recovery rate for which Rating Agency Confirmation from S&P is obtained: (a) If the Collateral Obligation has an S&P Asset Specific Recovery Rating. then the S&P Recovery Rate is the applicable percentage set forth in the Table 1. (b) If the Collateral

of doubt, a financial lease); (k) it is not an Equity Security, a Bond, a Structured Finance Obligation or a Synthetic Security; upon acquisition, the Collateral Obligation is capable of being, and will be, the subject of a first priority security interest or other arrangement having a similar commercial effect in favor

of such Collateral Obligation has one or more senior unsecured obligations rated by Moody's, then the Moody's rating on any such obligation (or, if the Collateral Obligation is a Moody's Senior Secured Loan, the Moody's Rating that is two subcategories higher than the rating on any such senior unsecured obligation) as s

's Recovery Rate Table shall be determined by the Portfolio Advisor, acting in good faith, by reference to the PF Infrastructure Obligation; (b) if the Collateral Obligation has been specifically assigned a recovery rate by Moody's (for example, in connection with the assignment by Moody's of an estimated rating (private