Gresham Capital CLO IV B.V. - Irish Stock Exchange

DESCRIPTION OF THE REPORTS
Monthly Reports
The Collateral Administrator shall not later than the fifteenth Business Day after the 20 th day of the month
or if such day is not a Business Day, the next succeeding Business Day, commencing in January 2008, on behalf
of the Issuer, compile and provide to the Trustee, the Collateral Manager, the Issuer and the Rating Agencies
and, upon written request therefor in accordance with Condition 4(d) (Information Regarding the Portfolio)
certifying that it is a holder of a beneficial interest in any Note, to such holder, a monthly report (the “Monthly
Report”), which shall contain the following information with respect to the Collateral Debt Securities,
determined by the Collateral Administrator as of the 20 th day of the month or if such day is not a Business Day,
the next succeeding Business Day:
Portfolio
(a) the aggregate of the Principal Balances of, respectively, the Collateral Debt Securities and Collateral
Enhancement Securities, the annual interest rate, Stated Maturity, obligor under, industry and Fitch
Recovery Rate and S&P recovery rate and Fitch Rating and S&P Rating (if applicable) (but not any
confidential credit estimate) of, each Collateral Debt Security and Collateral Enhancement Security
(including identifying which of the Collateral Debt Securities or Collateral Enhancement Securities (if
any) have been downgraded or upgraded by either of the Rating Agencies since the date of the last
Monthly Report) unless prevented from doing so in relation to non-public ratings that cannot be
disclosed as agreed to under the terms of receiving such ratings;
(b) the identity of, respectively, any Collateral Debt Securities and Collateral Enhancement Securities that
were released for sale or other disposition (excluding those released pursuant to any Securities Lending
Agreement) (and the nature of any such sale or disposition, for example, whether it was the sale of a
Credit Risk Security, a Credit Improved Security or a discretionary sale) or that were acquired since the
date of determination of the last Monthly Report;
(c) the purchase or sale price of each Collateral Debt Security and Collateral Enhancement Securities
acquired and/or sold since the date of determination of the last Monthly Report and the identity of the
purchasers or sellers thereof, if any, that are Affiliated with the Collateral Manager;
(d) subject to any confidentiality obligations binding on the Issuer, the identity of each Collateral Debt
Security which became a Defaulted Security or in respect of which a Defaulted Equity Security has
been received since the date of determination of the last Monthly Report;
Accounts
(a) the amount of any proceeds standing to the credit of the Interest Collection Account, the Principal
Collection Account, the Sterling Interest Account and the Sterling Principal Account;
(b) the amount of any funds standing to the credit of the Initial Proceeds Account, the Collateral
Enhancement Account, the Additional Collateral Account, the Sterling Additional Collateral Account,
the Euro Principal Reserve Account, the Euro Payment Account, the Sterling Payment Account, the
Liquidity Payment Accounts, the Stand-by Liquidity Account, the Securities Lending Account, the
Euro Expense Account, the Sterling Expense Account, the Custody Account and any other accounts
(including any Stand-by Account) of the Issuer as may be established from time to time;
Hedge Transactions
(a) the outstanding notional amount of each Hedge Transaction and the current rates of interest (if an
interest hedge transaction) or the current rates of exchange (if a currency hedge transaction or Asset
Swap Transaction);
(b) the amount scheduled to be received and paid by the Issuer pursuant to each Hedge Transaction on the
next Payment Date;
(c) the amount received and paid by the Issuer pursuant to each Hedge Transaction since the date of the
last Monthly Report;
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