EFTA00596126Set 9
2007-01-18183p86,669w
Class D Notes and/or the Income Notes, as appropriate.
"Class A Coverage Tests": The Overcollateralization Test and the Interest
Coverage Test, each as applied with respect to the Class ... Indenture and having the characteristics specified in Section 2.3.
"Class B Coverage Tests": The Overcollateralization Test and the Interest
Coverage Test, each as applied with respect to the Class ... having the characteristics specified in
Section 2.3.
7
EFTA00596139
"Class C Coverage Tests": The Overcollateralization Test and the Interest
Coverage Test, each as applied with respect to the Class
https://www.justice.gov/epstein/files/DataSet%209/EFTA00596126.pdf
EFTA01422826Set 10
2011-06-15323p90,065w
Securities, particularly the
Subordinated Securities, on any particular
Distribution Date.
Calculation of Overcollateralization Tests. If any Coverage Test is not
satisfied as of any Determination Date, cash
flows otherwise payable ... Payments. Calculation of the Principal
Balance of Collateral Obligations for purposes of the Overcollateralization
Tests applies certain reductions to the par
amount of Collateral Obligations as set forth ... definition of Principal Balance. Such
reductions may increase the likelihood that one
or more Overcollateralization Tests is not satisfied and cash flows
otherwise payable to Lower Ranking Classes of
Securities
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01422826.pdf
outstanding from time to time.
- Outstanding": Any Securities that are outstanding under the Indenture.
"Overcollateralization Ratio": As of any Measurement Date, the ratio (expressed as a percentage) obtained by
dividing ... Credit Facility Reserve Account): by
(b) the Aggregate Outstanding Amount of the Applicable Notes.
"Overcollateralization Test": Each of the Class A Overcollateralization Test, the Class B Overcollateralization Test,
the Class ... Overcollateralization Test and the Class D Overcollateralization Test.
"Partial PBC Security": Am' obligation on which interest, in accordance with its related Underlying Instrument, may
be (a) partly paid in cash
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01376335.pdf
exchanged Equity Security will be deemed zero;
(ii) for all purposes (other than calculating Overcollateralization Ratios), the
Principal Balance of any Deferring PIK Obligation will be increased to reflect ... deferred or capitalized interest;
(iii) for purposes of calculating the Overcollateralization Ratio only, the
Principal Balance of any Deep Discount Collateral Obligation shall be equal to the
purchase price ... such Deep Discount Collateral Obligation ;
(iv) for purposes of calculating the Overcollateralization Ratio only, the
Principal Balance of any Defaulted Obligation that has been defaulted for more than three
years
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01376390.pdf
Overcollateralization Interest Coverage
Class Ratio Ratio
A 112.5% 120.0%
B 106.9% 115.0%
C 104.8% 110.0%
D 101.4% 105.0%
"Requisite Noteholders": The Holders of at least 66 2/3% of the Aggregate ... Agreement following a Key Manager Event (as defined
therein), (i) if the Class A Overcollateralization Test is satisfied, the Holders of at least 66 2/3%
of the Aggregate Principal Amount ... Principal Amount of the Income Notes, voting separately; and (ii) if the Class A
Overcollateralization Test is not satisfied, the Holders of at least 66 2/3% of the Aggregate
Principal
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01376393.pdf