Gresham Capital CLO IV B.V. - Irish Stock Exchange
Gresham Capital CLO IV B.V. - Irish Stock Exchange
Gresham Capital CLO IV B.V. - Irish Stock Exchange
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(xi) which consists of Collateral Debt Securities which are loaned pursuant to any Securities Lending<br />
Agreement;<br />
(xii) which consists of Participations with Selling Institutions rated less than “A-1+” by S&P;<br />
(xiii) which consists of Synthetic Securities with Synthetic Securities Obligors rated less than “A-1+” by<br />
S&P;<br />
(xiv) which consists of Collateral Debt Securities which are loaned pursuant to any Securities Lending<br />
Agreement with Securities Lending Counterparties rated less than “A-1+” by S&P;<br />
(xv) which consists of Collateral Debt Securities of obligors that are incorporated or established under<br />
the laws of any countries rated less than “A-1+” by S&P;<br />
(xvi) which consists of Long Dated Securities;<br />
(xvii) which consists of PIK Securities;<br />
(xviii) which consists of Collateral Debt Securities with a Fitch Rating determined by reference to a S&P<br />
Rating;<br />
(xix) which consists of Discount Collateral Debt Securities;<br />
(xx) which consists of obligors incorporated or established under the laws of each country in the<br />
Portfolio;<br />
(xxi) which consists of Defaulted Securities; and<br />
(xxii) which consists of Sterling Collateral Debt Securities;<br />
(c) the aggregate principal amount of (i) Bank Loans of any single obligor; and (ii) of Mezzanine Loans,<br />
Second Lien Loans and <strong>CLO</strong> Securities of any single obligor;<br />
(d) the aggregate principal amount of Collateral Debt Securities with the same S&P industry group;<br />
Interest<br />
(a) the estimated interest payment for the Class N Notes on the next Payment Date based on projected<br />
scheduled interest payments on the Collateral Debt Securities included in the Portfolio, less projected<br />
estimated amounts payable pursuant to Condition 3(c)(i)(A) to (HH) (inclusive) and Condition<br />
3(c)(iii)(A) to (Y) (inclusive) (other than payments on the Class N Notes) on such Payment Date;<br />
(b) the Interest Amount payable in respect of the Senior Notes, the Class B Notes, the Class C Notes, the<br />
Class D Notes and the Class E Notes on the next Payment Date;<br />
(c) Applicable EURIBOR for the related Due Period and the Class A1A Euro Rate of Interest, the Class<br />
A1A Sterling Rate of Interest, the Class A1B Note Interest Rate, the Class A2 Note Interest Rate, the<br />
Class B Note Interest Rate, the Class C Note Interest Rate, the Class D Note Interest Rate and the Class<br />
E Note Interest Rate.<br />
Noteholder Valuation Report<br />
The Collateral Administrator, on behalf of the Issuer, shall render a report (the “Noteholder Valuation<br />
Report”), prepared and determined as of each Determination Date, and delivered to the Collateral Manager, the<br />
Issuer, the Trustee, any Noteholder (upon written request therefor in accordance with Condition 4(d)<br />
(Information Regarding the Portfolio) certifying that it is a Noteholder) and the Rating Agencies not later than<br />
the tenth Business Day following the related Payment Date. Upon preparation of each Noteholder Valuation<br />
Report, the Collateral Administrator, in the name and at the expense of the Issuer, shall notify the <strong>Irish</strong> <strong>Stock</strong><br />
<strong>Exchange</strong> of the aggregate principal amount of the Notes of each Class Outstanding after giving effect to the<br />
principal payments, if any, on the next Payment Date. The Noteholder Valuation Report shall contain the<br />
following information:<br />
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