Interest payable on the Subordinated Notes on each Distribution Date shall consist solelyof Excess Interest payable on the Subordinated Notes. if any. on such Distribution Dale as detarnined on the related Datainination Dale and payable in accordance with

tections (including indemnities) of the Investment Manager hereunder and under the Investment Management Agreement, (0 payment of any principal or Excess Interest as provided for under the Priority of Payments, and (g) the rights of Holders as beneficiaries hereof with respect to the property deposited with

longer, the applicable preference period then in effect) plus one day after the payment in MI of all Notes and payment of any Excess Interest or Principal Proceeds payable to the Fiscal Agent pursuant to this Indenture for distribution to Shareholders in accordance with the Fiscal Agency

d (b) the Subordinate) Securities, each Class of Rated Notre. On each Distribution Date, the Subordinated Securities will be entitled to receive any Excess Interest under the Priority of Payments. The payment of interest on Deferrable Classes and distributions on the Subordinated Securities will be subject to, a

s C Notes LIBOR plus 3.30% Class D Notes LIBOR plus 4.50% On each Distribution Date, the Subordinated Securities will be entitled to receive any Excess Interest in accordance with the Priority of CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0056312 CONFIDENTIAL SDNY GM_00202496 EFTA01365536

initial investment made in the Subordinated Securities. Therefore, over the passage of time. holders of Subordinated Securities will have to rely on Excess Interest for their ultimate return. 8 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0056318 CONFIDENTIAL SDNY GM_00202502 EFTA01365541

of days elapsed in the relevant Interest Period divided by 360. On each Distribution Date, the Subordinated Securities will be entitled to receive Excess Interest (if any) in accordance with the Priority of Payments and, in the case of Preferred Shares. the Fiscal Agency Agreement and the Memorandum and Articl

been acquired by a Protected Purchaser, such final payment shall be made without presentation or surrender. Installments of interest (including any Excess Interest) on Notes of a Class so to be redeemed whose Stated Maturity is on or prior to the Redemption Date shall be payable to the Holders of such Notes, or

Interest payable on the Subordinated Notes on each Distribution Date shall consist solelyof Excess Interest payable on the Subordinated Notes. if any. on such Distribution Dale as detarnined on the related Datainination Dale and payable in accordance with

tections (including indemnities) of the Investment Manager hereunder and under the Investment Management Agreement, (0 payment of any principal or Excess Interest as provided for under the Priority of Payments, and (g) the rights of Holders as beneficiaries hereof with respect to the property deposited with

longer, the applicable preference period then in effect) plus one day after the payment in MI of all Notes and payment of any Excess Interest or Principal Proceeds payable to the Fiscal Agent pursuant to this Indenture for distribution to Shareholders in accordance with the Fiscal Agency

been acquired by a Protected Purchaser, such final payment shall be made without presentation or surrender. Installments of interest (including any Excess Interest) on Notes of a Class so to be redeemed whose Stated Maturity is on or prior to the Redemption Date shall be payable to the Holders of such Notes, or

d (b) the Subordinate) Securities, each Class of Rated Notre. On each Distribution Date, the Subordinated Securities will be entitled to receive any Excess Interest under the Priority of Payments. The payment of interest on Deferrable Classes and distributions on the Subordinated Securities will be subject to, a

initial investment made in the Subordinated Securities. Therefore, over the passage of time. holders of Subordinated Securities will have to rely on Excess Interest for their ultimate return. 8 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0072283 CONFIDENTIAL SONY GM_00218487 EFTA01376288

s C Notes LIBOR plus 3.30% Class D Notes LIBOR plus 4.50% On each Distribution Date, the Subordinated Securities will be entitled to receive any Excess Interest in accordance with the Priority of CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0072277 CONFIDENTIAL SONY GM_00218401 EFTA01376285