Illegal Activity
none
Blackmail
none
Date
2013-06
Document Type
legal filing
Model
gemini-2.0-flash-001
Processed
2026-02-07T18:43
Summary
This legal document outlines the provisions for payments on preferred shares, including conditions for redemption, use of proceeds, and security for the notes. It details the responsibilities of the Issuer, Fiscal Agent, Investment Manager, and Trustee in managing the financial obligations and collateral assets.
Metadata
- Subject
- Legal Provisions Applicable to Payments on the Preferred Shares
- Sender
- —
- Recipients
- —
- Document ID
- DB-SDNY-0056314
- Date
- 2013-06
Relationships 3
| Entity 1 | Relationship | Entity 2 | Description |
|---|---|---|---|
| Issuer | contractual | Fiscal Agent | Fiscal Agent pays dividends to holders of Preferred Shares on behalf of the Issuer. |
| Investment Manager | contractual | Trustee | Investment Manager notifies the Trustee if it is unable to invest in Collateral Obligations. |
| Issuer | contractual | Investment Manager | Investment Manager purchases Collateral Obligations on behalf of the Issuer. |
Notable Quotes 2
No payments may be made to Shareholders (including redemption payments) if the Issuer (as determined by its board of directors) is not able to pay its debts as they fall due in the ordinary course of business immediately following such payment.
The net proceeds on the Closing Date will be used by the Issuer to purchase a diversified portfolio of Collateral Obligations meeting the diversification. rating and other requirements described herein.
Financial Information
Amounts:$260 million$3 million
Assets:
- Preferred Shares
- Collateral Obligations
- Rated Notes
- Subordinated Securities
- Eligible Investments
- Securities or assets issued in exchange for Collateral Obligations
- Hedge Agreements
- Investment Management Agreement
- Administration Agreement
- Registered Office Agreement
- Fiscal Agency Agreement
- Collateral Administration Agreement
- Securities Lending Agreements
Transactions:
- Dividends paid by the Fiscal Agent to holders of the Preferred Shares
- Redemption payments to Shareholders
- Redemption of each Class of Rated Notes
- Refinancing of one or more Classes of Rated Notes
- Redemption of the Subordinated Securities
- Purchase of Collateral Obligations
- Redeem notes issued to the Pre-Closing Parties
- Special Redemption Amount applied to pay principal of the Rated Notes
Legal Compliance
- Payments to Shareholders (including redemption payments) are prohibited if the Issuer is unable to pay its debts as they fall due.
Raw Analysis JSON
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Themes
Financial transactions/money flowLegal matters/litigationBusiness dealings
Organizations 5
Fiscal AgentIssuerTrusteeInvestment ManagerPre-Closing Parties
Text Analysis
- Tone
- Legalistic, formal
- Purpose
- To outline the legal provisions applicable to payments on preferred shares, including conditions for redemption and use of proceeds.
- Significance
- This document details the financial and legal framework for payments and redemptions related to preferred shares and collateral obligations, providing insight into the structure of the investment.
File Info
- File Name
- EFTA01365537.txt
- Dataset
- dataset_10
- Type
- Text
- Model
- gemini-2.0-flash-001
- Processed
- 2026-02-07T18:43:09.929760
- DOJ Source
- View on DOJ