EFTA01376300.pdf

In addition, on and after the Effective Date, the Issuer's commitment to purchase Collateral Obligations will not result in a violation of any of the following "Concentration Limits": (a) the minimum and maximum limitations (and exceptions and additional requirements) listed in the table below: Minimum Maximum (% of the (% of the Portfolio Portfolio Principal Principal Exceptions and Additional Collateral Type Bala ) Italanee) Reouiremenq (i) Senior Secured Loans (assuming for 95 purposes of these calculations that Eligible Principal Investments are Senior Secured Loans) (ii) Senior Secured Notes and Second Lien 5 Loans. collectively (iii) PIK Securities and Partial PDC Securities. 5 no more than 2.5% in PDC collectively Securities (iv) DIP Loans 7.5 (v) the Commitment Amount of Revolving 5 Credit Facilities and the Unfunded Amount of Delayed Funding Loans. collectively (vi) Participations 5 (vii) Caa/CCC Collateral Obligations (other than 7.5 Permissible Replacement Collateral Obligations) (viii) obligations that are subject to an Offer or 5 notice of redemption of which the Investment Manager has actual knowledge; provided that any such Offer must include payment of cash in an amount at least equal to the par amount of the Collateral Obligation (ix) obligations of any one obligor (together 2 up to five obligors may each with affiliated obligors) constitute up to 2.5% (x) obligations issued by obligors in any one 8 obligors in any two such industry determined by the S&P's CDO Monitor industries may each comprise Asset Classifications up to 12% CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0072302 CONFIDENTIAL SDNY_GM_00218486 EFTA01376300