Attentus CDO I Offering Circular - Irish Stock Exchange

Distribution Date relating to such Due Period under any Hedge Agreement; provided,
that the amount included in this clause (iii) with respect to each such Hedge Agreement
shall reflect the amount scheduled to be paid to the Issuer by the Hedge Counterparties
thereunder after giving effect to any netting provisions contained in such Hedge
Agreement, plus (iv) the balance, if any, of all cash and Eligible Investments on deposit
in the Discretionary Interest Shortfall Reserve Account on such Measurement Date,
minus (v) the amount, if any, scheduled to be paid during such Due Period or on the
Distribution Date relating to such Due Period for taxes and filing and registration fees
owed by the Issuer, minus (vi) the amount, if any, scheduled to be paid during such Due
Period or on the Distribution Date relating to such Due Period (x) to the Trustee, the
Collateral Administrator and the Note Registrar of accrued and unpaid fees and expenses
owing to them under the Indenture and the Collateral Administration Agreement, to the
extent all such payments pursuant to this clause (x) do not exceed for any three-month
calendar period an amount equal to 0.01625% of the aggregate Principal Balance of
Pledged Securities on such Measurement Date and (y) for other accrued and unpaid
administrative expenses of the Issuer (excluding Collateral Management Fee and
principal of and interest on the Notes), to the extent all such payments pursuant to this
clause (y) do not exceed on any four consecutive Distribution Dates an amount equal to
U.S.$325,000, minus (vii) the amount, if any, scheduled to be paid on the Distribution
Date relating to such Due Period to the Collateral Manager in respect of accrued and
unpaid Base Collateral Management Fee; by
(b) an amount equal to (i) the amount, if any, scheduled to be paid to the
Hedge Counterparties by the Issuer on the Distribution Date relating to such Due Period
under any Hedge Agreement; provided, that the amount included in this clause (i) with
respect to each such Hedge Agreement shall reflect the amount scheduled to be paid to
the Hedge Counterparties by the Issuer thereunder after giving effect to any netting
provisions contained in such Hedge Agreement, plus (ii) (A) in the case of the Class A/B
Interest Coverage Ratio, the scheduled interest on the Class A-1 Notes, the Class A-2
Notes and the Class B Notes (including any Defaulted Interest thereon and any accrued
interest on such Defaulted Interest) payable on the Distribution Date relating to such Due
Period, (B) in the case of the Class C Interest Coverage Ratio, the scheduled interest on
the Class A-1 Notes, Class A-2 Notes, Class B Notes, Class C-1 Notes and Class C-2
Notes (including any Defaulted Interest thereon, any accrued interest on such Defaulted
Interest and any accrued interest on Class C-1 Deferred Interest or Class C-2 Deferred
Interest, but excluding any Class C-1 Deferred Interest or Class C-2 Deferred Interest)
payable on the Distribution Date relating to such Due Period, (C) in the case of the Class
D Interest Coverage Ratio, the scheduled interest on the Class A-1 Notes, Class A-2
Notes, Class B Notes, Class C-1 Notes, Class C-2 Notes and Class D Notes (including
any Defaulted Interest thereon, any accrued interest on such Defaulted Interest and any
accrued interest on Class C-1 Deferred Interest, Class C-2 Deferred Interest and Class D
Deferred Interest, but excluding any Class C-1 Deferred Interest, Class C-2 Deferred
Interest or Class D Deferred Interest) payable on the Distribution Date relating to such
Due Period and (D) in the case of the Class E Interest Coverage Ratio, the scheduled
interest on the Class A-1 Notes, Class A-2 Notes, Class B Notes, Class C-1 Notes, Class
C-2 Notes, Class D Notes and Class E Notes (including any Defaulted Interest thereon,
any accrued interest on such Defaulted Interest and any accrued interest on Class C-1
Deferred Interest, Class C-2 Deferred Interest, Class D Deferred Interest and Class E
Deferred Interest, but excluding any Class C-1 Deferred Interest, Class C-2 Deferred
Interest, Class D Deferred Interest or Class E Deferred Interest) payable on the
Distribution Date relating to such Due Period.
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