This document outlines the conditions under which the Investment Manager, on behalf of the Issuer, may direct the Trustee to sell certain types of obligations, including Defaulted Obligations, Equity Securities, Credit Risk Obligations, and Appreciated Obligations. It specifies the conditions for Discretionary Sales and the efforts required to sell Defaulted Obligations and Equity Securities. It also addresses the transfer of ownership to a Tax Subsidiary for tax purposes.
documents/vol00010-efta01365485-pdf.pdf
{"title":"Sale of Collateral Obligations; Substitution","document_type":"legal","document_subtype":"contract","key_organizations":["Issuer","Investment Manager","Trustee"],"reference_numbers":["DB-SDNY-0056238","SDNY_GM_00202422","EFTA01365485"]}