Illegal Activity
none
Blackmail
none
Date
Unknown
Document Type
legal filing
Model
gemini-2.0-flash-001
Processed
2026-02-07T18:43
Summary
This document section outlines the assumptions used for calculating scheduled distributions, coverage tests, and other financial metrics related to pledged obligations within the context of an Indenture. It specifies how payments, interest rates, and potential defaults are to be considered in these calculations.
Metadata
- Subject
- Assumptions as to Collateral Obligations, Etc.
- Sender
- —
- Recipients
- —
- Document ID
- DB-SDNY-0072104, SDNY_GM_00218288
- Date
- —
Relationships 1
| Entity 1 | Relationship | Entity 2 | Description |
|---|---|---|---|
| Investment Manager | contractual | Issuer | The Investment Manager has a relationship with the Issuer regarding payments and Hedge Agreements. |
Notable Quotes 2
"All calculations with respect to Scheduled Distributions on the Pledged Obligations shall be made on the basis of information as to the terms of each such Pledged Obligation and upon report of payments, if any, received on such Pledged Obligation that are famished by or on behalf of the obligor of such Pledged Obligation and, to the extent they are not manifestly in error, such information or report may be conclusively relied upon in making such calculations."
"For purposes of calculating the Coverage Tests and the Class A-1 Reinvestment Test, except as otherwise specified therein, there shall be excluded all future scheduled payments of interest or principal on, or commitment or facility fees with respect to, Defaulted Obligations or other payments, including payment of any amounts under the Hedge Agreements, as to which the Investment Manager or the Issuer has actual knowledge that such payments will not be made."
Financial Information
Assets:
- Pledged Obligations
- Collateral
- Eligible Investments
- Hedge Agreements
Transactions:
- Scheduled Distributions on Pledged Obligations
- Payments on other assets included in the Collateral
- Income earned on Scheduled Distributions
- Payments for deposit in the Collection Account
- Payments under Hedge Agreements
- Interest payments on Floating Rate Notes
- Principal payments on Notes
- Payments of Deferred Interest on Notes
- Acquisition of Collateral Obligations
- Unscheduled principal payments on Pledged Collateral Obligations
Raw Analysis JSON
click to expand
Themes
Financial transactions/money flowLegal matters/litigation
Organizations 2
ING IM CLO 2011-1Issuer
Text Analysis
- Tone
- Professional
- Purpose
- To define the assumptions used in calculations related to collateral obligations, distributions, and coverage tests within the Indenture.
- Significance
- This section outlines the methodology for calculating financial metrics related to the collateralized loan obligation, which is crucial for determining compliance with the Indenture and the overall financial health of the structure.
File Info
- File Name
- EFTA01376182.txt
- Dataset
- dataset_10
- Type
- Text
- Model
- gemini-2.0-flash-001
- Processed
- 2026-02-07T18:43:17.666593
- DOJ Source
- View on DOJ