istrative Expenses (in the order set forth in the definition thereof) up to the Expense Cap Amount; 2. to the payment to the Collateral Manager of the Senior Management Fee (and any accrued and unpaid Senior Management Fee from any prior Payment Date); 3. to the Holders of the Class A-I Notes. the Class A-I Interest A

inning of the Collection Period relating to such Payment Date (the "Senior Management Fee"). (ii) 0.30% per annum (calculated on the same basis as the Senior Management Fee) of the Fee Basis Amount at the beginning of the Collection Period relating to such Payment Date (the "Subordinate Management Fee") and (iii) 20%

ients. The following briefly summarizes some of these conflicts, but is not intended to be an exhaustive list of all such conflicts. In addition to the Senior Management Fee, the Collateral Manager is entitled to receive a Subordinate Management Fee and an Incentive Management Fee after all other distributions (other tha

istrative Expenses (in the order set forth in the definition thereof) up to the Expense Cap Amount; 2. to the payment to the Collateral Manager of the Senior Management Fee (and any accrued and unpaid Senior Management Fee from any prior Payment Date); 3. to the Holders of the Class A-I Notes. the Class A-I Interest A

inning of the Collection Period relating to such Payment Date (the "Senior Management Fee"). (ii) 0.30% per annum (calculated on the same basis as the Senior Management Fee) of the Fee Basis Amount at the beginning of the Collection Period relating to such Payment Date (the "Subordinate Management Fee") and (iii) 20%