tes (the "Replacement Notes") with the terms, priorities and conditions set forth in a supplemental indenture and will redeem one or more designated Classes of Rated Notes ("Redeemed Notes") from the Refinancing Proceeds. No Refinancing will occur unless (i) the Investment Manager has consented, (ii) the Replace

any Distribution Date. The Required Redemption Percentage may direct (a) a redemption of each Clam of Rated Notes. (b) a Refinancing of one or more Classes of Rated Notes; or (c) on any Distribution Date on or after the Rated Notes arc redeemed or paid in full. the redemption of Subordinated Securities. "Requir

tes (the "Replacement Notes") with the terms, priorities and conditions set forth in a supplemental indenture and will redeem one or more designated Classes of Rated Notes ("Redeemed Notes") from the Refinancing Proceeds. No Refinancing will occur unless (i) the Investment Manager has consented, (ii) the Replace

any Distribution Date. The Required Redemption Percentage may direct (a) a redemption of each Clam of Rated Notes. (b) a Refinancing of one or more Classes of Rated Notes; or (c) on any Distribution Date on or after the Rated Notes arc redeemed or paid in full. the redemption of Subordinated Securities. "Requir