EFTA01387338.pdf

Schedule D COLLATERAL MAINTENANCE REQUIREMENTS Any sturdy pledged as collateral must be of an ongoing qualify and vain starfacsory to Lender hi is discretion If at any time the Obligations arc greater than the market value of the Collateral multiplied by the applicable percentage valuations set forth below as Maximum Advance Rates. Debtor, immediately after oral or written notice from Lender, will either pledge to Lender such additional collateral as the Lender may require, to be satisfactory to Lender in its discretion, or repay the Obligations, such that the Obligations are less than the market value of the Collateral multiplied by the applicable percentage valuation. In addition to compliance with the following percentage valuations, all Collateral must be of an on-going quality and value satisfactory to Lender in its discretion. Lender reserves the right at any time to dean any security unacceptable as Collateral Lender may, from time to time, in its discretion. adjust any of the following perantages. OT remove any class of security from its list of acceptable Collateral. The maximum advance against Collateral denominated in an OECD currency other than the currency of the Obligations shall be reduced by 10% (and by 15% for Japanese Yen) or such other percentage as Lender may determine Maximum Advance Rates acornsi Non-brow Purpose' Certificates of Deposit or tuber assignabk cash-like instruments issued by domestic commercial bat acceptable to tender and maturing within one 0) year lO3% 100 % Full faith l) S. Government Obligations' - Manning within 3 wars 9O% 90% • Maturing in three years or more 85 % 85 % Federal Agency, State and Municipal Obligations 3 80 % SO % U.S. Corporate Senior Debt Obligations 80% 80 % NYSE, NASDAQ or AMEX Listed Common Stock (except "Other Securities") . 75 % 50 % Minuet Fund Shares"' 50 % 50 % Debt Securities ConveniMe into "Margin Stock" 70 % 50% Other Scasaties. I. With the exception ofcaslu like marinneny fullfaith U.S Government Obligations or securities irony. lowed above as "Other Securities". a minimum allow (4j different securities must he heldfor the Maximum Advance Rote. Should any single securing.,akin a collateral package equal or exceed thirty (30%) percent of the total market value of the collateral pledged the Maximum Alnntw Rate of that collateral package shall &ay (3014. percent. Without !imams the other provisions hereof the issuer of toy securities pledged us collateral (Including seciseities listed as "Other Sea:rotes, must carry a minimum long term senior debt rating opine as established by Moody's investor Services or BBB- as established by Standard& Poets Corporation. 2. A Nan-Purpose Loan is a loonfor any purpose other than purchasing or corrpng "Margin Stock " 3. A Purpose Loan saloonfor the purpose of purchasing or carrying 'Margin Stack." 4. Frilltfatth US Government Obligations are assumed to bear current-paylard interest rase to receive the indicated Maximum Advance Rohs 3. Take:wino municipal bonds pledged as collateral can coon their holder to Jose interest deductibility with respect to the Merest expense to the extent that the morales arc limed The securities will not lace their overall tax-exempt status. Debtor should consult their personal tar adwsurfor advice us to their particular saucily& Confidential Confidential CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0089740 CONFIDENTIAL SDNY GM_00235924 EFTA01387338