Common use of Maturity Amendments Clause in Contracts

Maturity Amendments. The Issuer (or the Collateral Manager on the Issuer's behalf) may not vote in favor of a Maturity Amendment unless, as determined by the Collateral Manager: (A) the Weighted Average Life Test will be satisfied after giving effect to such Maturity Amendment or (B) if the Weighted Average Life Test was not satisfied immediately prior to giving effect to such Maturity Amendment, the level of compliance with the Weighted Average Life Test will be improved or maintained after giving effect to such Maturity Amendment, in each case after giving effect to any Trading Plan in effect during the applicable Trading Plan Period and (ii) the following conditions are met: (A) the extended maturity date of such Collateral Obligation would not be later than the earliest Stated Maturity of the Secured Notes and (B) after giving effect to such Maturity Amendment not more than 7.5% of the Collateral Principal Amount may consist of Collateral Obligations that have been subject to a Maturity Amendment with respect to which the Weighted Average Life Test was not satisfied after giving effect to such Maturity Amendment.

Maturity Amendments. The Issuer (or the Collateral Manager on the Issuer's ’s behalf) may not vote in favor of a Maturity Amendment unless, as determined by the Collateral Manager: (A) the Weighted Average Life Test will be satisfied after giving effect to such Maturity Amendment or (B) if the Weighted Average Life Test was not satisfied immediately prior to giving effect to such Maturity Amendment, the level of compliance with the Weighted Average Life Test will be improved or maintained after giving effect to such Maturity Amendment, in each case after giving effect to any Trading Plan in effect during the applicable Trading Plan Period Period; and (ii) the following conditions are met: (A) the extended maturity date of such Collateral Obligation would not be later than two years beyond the earliest Stated Maturity of the Secured Notes Debt and (B) after giving effect to such Maturity Amendment not more than 7.52.5% of the Collateral Principal Amount may consist of Collateral Obligations that have been subject to a Maturity Amendment with respect to which the Weighted Average Life Test was not satisfied after giving effect and are Long-Dated Obligations solely due to such Maturity Amendment.

Maturity Amendments. The Issuer (or the Collateral Manager on the Issuer's ’s behalf) may not vote in favor of a Maturity Amendment unless, as determined by the Collateral Manager: (A) the Weighted Average Life Test will be satisfied after giving effect to such Maturity Amendment or (B) if the Weighted Average Life Test was not satisfied immediately prior to giving effect to such Maturity Amendment, the level of compliance with the Weighted Average Life Test will be improved or maintained after giving effect to such Maturity Amendment, in each case after giving effect to any Trading Plan in effect during the applicable Trading Plan Period Period; and (ii) the following conditions are met: (A) the extended maturity date of such Collateral Obligation would not be later than two years beyond the earliest Stated Maturity of the Secured Notes and (B) after giving effect to such Maturity Amendment not more than 7.52.5% of the Collateral Principal Amount may consist of Collateral Obligations that have been subject to a Maturity Amendment with respect to which the Weighted Average Life Test was not satisfied after giving effect and are Long-Dated Obligations solely due to such Maturity Amendment.