ents pending reinvestment in additional Collateral Obligations at a later date and for reinvestment in additional Collateral Obligations subject to the Investment Criteria described herein and (B) any Special Redemption Amount, to make payments in accordance with the Note Payment Sequence; and (2) after the Reinvestme

ntemplation of such Optional Redemption may, during the Reinvestment Period at the Collateral Manager's discretion. be reinvested in accordance with the Investment Criteria described herein. No Senior Notes may be redeemed unless (i) at least 10 Business Days before the scheduled Optional Redemption Date, the Collatera

onal Collateral Obligations that are deemed appropriate by the Collateral Manager in its discretion for purchase by the Issuer and which would meet the Investment Criteria in sufficient amounts to permit the investment or reinvestment of all or a portion of the Principal Proceeds then in the Collection Account that are

ents pending reinvestment in additional Collateral Obligations at a later date and for reinvestment in additional Collateral Obligations subject to the Investment Criteria described herein and (B) any Special Redemption Amount, to make payments in accordance with the Note Payment Sequence; and (2) after the Reinvestme

onal Collateral Obligations that are deemed appropriate by the Collateral Manager in its discretion for purchase by the Issuer and which would meet the Investment Criteria in sufficient amounts to permit the investment or reinvestment of all or a portion of the Principal Proceeds then in the Collection Account that are

ntemplation of such Optional Redemption may, during the Reinvestment Period at the Collateral Manager's discretion. be reinvested in accordance with the Investment Criteria described herein. No Senior Notes may be redeemed unless (i) at least 10 Business Days before the scheduled Optional Redemption Date, the Collatera

olio of Collateral Obligations consistent with the Issuer's return objectives, the Investment Guidelines for the Initial Facility (see Schedule II). the Investment Criteria and other criteria and restrictions applicable to the Issuer and the Portfolio Advisor under the Transaction Agreements. The Portfolio Advisor inte

set Accumulation The ability of the Issuer to accumulate a further portfolio of Collateral Obligations that satisfies the Investment Guidelines and the Investment Criteria at the projected prices, ratings, margins and any other applicable investment characteristics, and the pace of an overall timeframe in which such ac