The document outlines the criteria for the Collateral Quality Test and the Portfolio Profile Test, which are financial metrics used to assess the quality and composition of collateral obligations. The tests include various thresholds for recovery rates, coupon rates, and the composition of collateral obligations by rating, domicile, and type. The Collateral Quality Test is not applicable during the Ramp-Up Period, and defaulted obligations are excluded from its calculation. The Portfolio Profile Test includes limits on the concentration of obligations by rating, domicile, and industry classification.
documents/vol00010-efta01365262-pdf.pdf
{"document_type":"legal","document_subtype":"Collateral Quality and Portfolio Profile Test","reference_numbers":["DB-SDNY-0055948","SDNY_GM_00202132","EFTA01365262"]}