Untitled - Irish Stock Exchange

Rate.
Rate.
"Class D Advance Amount" means the Moody's Advance Amount calculated using the Class D Advance
"Class E Advance Amount" means the Moody's Advance Amount calculated using the Class E Advance
"Class B Over-Collateralization Test" has the meaning assigned to such term in Section 1 of this
Appendix.
"Class C Over-Collateralization Test" has the meaning assigned to such term in Section 1 of this
Appendix.
"Class D Over-Collateralization Test" has the meaning assigned to such term in Section 1 of this
Appendix
"Class E Over-Collateralization Test" has the meaning assigned to such term in Section 1 of this
Appendix.
"Class of Notes" means each of (i) the Class B Notes, (ii) the Class C Notes, (iii) the Class D Notes, and
(iv) the Class E Notes.
"Contributed Fund Capital" means, at any date, the aggregate gross amount of cash received by the
Issuer from the sale of the Income Notes issued on the Closing Date (without regard to any other changes in Fund
Equity).
"Currency Hedging Transaction" means (i) any Swap Transaction entered into by the Issuer with an
Eligible Counterparty intended to convert any payment on a Debt or other obligation of the Issuer or any Fund
Investment denominated in one currency to another currency or to protect against a risk in the fluctuation of the
exchange rate of a currency in which a payment to be made or received by the Issuer is denominated and (ii) any
Swap Transaction entered into by the Issuer intended to convert any payment on a Debt or other obligation of the
Issuer or any Fund Investment denominated in one currency to another currency or to protect against a risk in the
fluctuation of the exchange rate of a currency in which a payment to be made or received by the Issuer is
denominated and pursuant to which the Issuer has no on-going payment obligations.
"Defensive Hedge Advance Amount" means, as of any date of determination, 98% of the aggregate
Market Value of all Defensive Hedge Transactions; provided, however, that the Defensive Hedge Advance Amount
shall in no event exceed an amount equal to (x) 20% of the Total Capitalization as of such date of determination less
(y) the aggregate Market Value as of such date of determination of all Fund Investments in Bank Loan Participations
and Structured Product Transactions.
"Defensive Hedge Transaction" means a Hedging and Short Sale Transaction between the Issuer and an
Eligible Counterparty intended to protect the Issuer against fluctuations in the market value of a Fund Investment
and pursuant to which (i) the Eligible Counterparty has agreed for a period of time, at the direction of the Issuer, to
(a) purchase the Fund Investment at an agreed strike price or (b) pay to the Issuer, at the Issuer's election, an amount
by which an agreed strike price exceeds the current price of the Fund Investment; (ii) the Eligible Counterparty does
not have recourse to the Collateral or the Issuer for any amounts owing to such counterparty thereunder; and (iii) the
Issuer may (a) pay a fee to the Eligible Counterparty in connection with the transaction, (b) remove the Fund
Investment from the Custodial Account (whereby it is no longer part of the Collateral) and pledge the Fund
Investment to the Eligible Counterparty as security for its obligations to the Eligible Counterparty and (c) agree to
deliver the Fund Investment to the Eligible Counterparty in satisfaction of all of its obligations to the Eligible
Counterparty in connection with the transaction.
"Designated Country" means (i) each of Canada, Great Britain, Australia, Denmark, New Zealand,
Sweden, Switzerland, Luxembourg, The Netherlands and any G-7 nation (other than Japan) and (ii) each other
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