EFTA Document EFTA01365611

provided that Current Pay Obligations representing no more than 7.5% of the Portfolio Principal Balance may be excluded from treatment as Defaulted Obligations on any Measurement Date. Notwithstanding the foregoing definition, the Investment Manager may declare any Collateral Obligation to be a Defaulted Obligation. "Definitive Security": Any Security issued in definitive, full• registered form without interest coupons. "Delayed Funding Loan": Any Loan that requires one or more future advan