The document outlines restrictions on investment in Class D Notes and Income Notes by Benefit Plan Investors and Controlling Persons. It specifies representation and covenant requirements for purchasers and transferees to ensure compliance with ERISA and Code regulations, including maintaining ownership below a 25% threshold. It also discusses potential prohibited transactions and applicable exemptions.
doj/DataSet10/EFTA01376109.pdf
{"document_type":"legal","document_subtype":"investment restrictions","key_organizations":["Issuer","Trustee","Investment Manager","Collateral Administrator","Placement Agent","Initial Purchaser"],"reference_numbers":["Section 406 of ERISA","Section 4975 of the Code","Section 408(b)(17) of ERISA","Section 4975(dX20) of the Code","PTCE 96-23","PTCE 95-60","PTCE 91-38","PTCE 84-14","PTCE 90-I"]}