Common use of Collateral Maintenance Test Clause in Contracts

Collateral Maintenance Test. If on September 30, 2011 and any Quarterly Date occurring thereafter, the Aggregate Management Fee Collateral for such Quarterly Date is not at least equal to 70% of the Aggregate Management Fees for such Quarterly Date (the “Collateral Maintenance Test”), the Obligors shall, within 90 days of such Quarterly Date, cause Management Fee Subsidiaries to be subject to the Collateral Requirement such that, if such Management Fee Subsidiaries were subject to the Collateral Requirement on such Quarterly Date, the Collateral Maintenance Test would have been satisfied on such Quarterly Date. The Obligors shall cause (x) each Subsidiary thereof that shall hold any ownership interests, directly or indirectly, in any Management Fee Guarantor and (y) other than with respect to Carlyle Investment Management L.L.C. and CIM Global, L.L.C., each Subsidiary of each Management Fee Guarantor to be subject to the Collateral Requirement.