Illegal Activity
none
Blackmail
none
Date
2011
Document Type
Legal Document
Model
gemini-2.0-flash-001
Processed
2026-02-07T18:44
Summary
This document defines "Defaulted Loaned Collateral Obligation" and "Defaulted Obligation" for the purposes of a Collateralized Loan Obligation (CLO). It outlines specific conditions under which a collateral obligation is considered to be in default, including payment defaults, bankruptcy proceedings, and credit rating downgrades.
Metadata
- Subject
- Definition of "Defaulted Loaned Collateral Obligation" and "Defaulted Obligation"
- Sender
- —
- Recipients
- —
- Document ID
- DB-SDNY-0056098
- Date
- 2011
Relationships 2
| Entity 1 | Relationship | Entity 2 | Description |
|---|---|---|---|
| Investment Manager | Contractual | Trustee | The Investment Manager certifies defaults to the Trustee in writing. |
| Selling Institution | Financial | Participation | A payment default by a Selling Institution makes the related Participation a Defaulted Obligation. |
Notable Quotes 2
"Defaulted Loaned Collateral Obligation": Any Collateral Obligation that is subject to a Securities Lending Agreement, under which Securities Lending Agreement an event of default (as such term is defined by the applicable Securities Lending Agreement) has occurred.
Notwithstanding the foregoing definition, the Investment Manager may declare any Collateral Obligation to be a Defaulted Obligation.
Financial Information
Amounts:7.5%
Assets:
- Collateral Obligation
- Securities Lending Agreement
- Underlying Instruments
- Participation
- DIP Loan
- Current Pay Obligations
- Portfolio Principal Balance
Public Knowledge
- Context
- This is a legal definition within a specific financial instrument (CLO).
Raw Analysis JSON
click to expand
Themes
Financial transactions/money flowLegal matters/litigation
Organizations 7
Securities Lending AgreementInvestment ManagerTrusteeSelling InstitutionMoody'sS&PLNG IM CLO 2011-1
Text Analysis
- Tone
- Formal, legalistic
- Purpose
- To define the terms "Defaulted Loaned Collateral Obligation" and "Defaulted Obligation" within a legal context.
- Significance
- This document provides a precise definition of key financial terms, which is crucial for understanding the legal and financial obligations related to Collateralized Loan Obligations (CLOs).
File Info
- File Name
- EFTA01365380.txt
- Dataset
- dataset_10
- Type
- Text
- Model
- gemini-2.0-flash-001
- Processed
- 2026-02-07T18:44:02.861666
- DOJ Source
- View on DOJ