Common use of Eligibility Requirements for Owner Trustee Clause in Contracts

Eligibility Requirements for Owner Trustee. The Owner Trustee shall at all times satisfy the requirement of Section 26(a)(1) of the Investment Company Act. The Owner Trustee shall at all times: (a) be a corporation satisfying the provisions of Section 3807(a) of the Statutory Trust Act; (b) be authorized to exercise corporate trust powers; (c) have a combined capital and surplus of at least $50,000,000 and be subject to supervision or examination by federal or State authorities; and (d) have (or have a parent which has) a long-term unsecured debt rating of at least BBB- by, or such other rating as is acceptable to, Standard & Poor’s Ratings Services and at least Baa3 by, or such other rating as is acceptable to, Xxxxx’x Investors Service, Inc. If such corporation shall publish reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.13, the combined capital and surplus of such corporation shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.13, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.10.

Eligibility Requirements for Owner Trustee. The Owner Trustee shall at all times satisfy the requirement of Section 26(a)(1) of the Investment Company Act. The Owner Trustee shall at all times: (ai) be a corporation satisfying the provisions of Section 3807(a) of the Statutory Business Trust ActStatute; (bii) be authorized to exercise corporate trust powers; (ciii) have a combined capital and surplus of at least $50,000,000 and shall be subject to supervision or examination by federal Federal or State state authorities; and (div) shall have (or shall have a parent which that has) a long-term unsecured debt rating of at least BBB- by, investment grade by each of the Rating Agencies or such other rating as is be otherwise acceptable to, Standard & Poor’s Ratings Services and at least Baa3 by, or such other rating as is acceptable to, Xxxxx’x Investors Service, Inc. to the Rating Agencies. If such corporation shall publish reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.1310.1, the combined capital and surplus of such corporation shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If In case at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.1310.1, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.1010.2.

Eligibility Requirements for Owner Trustee. The Owner Trustee shall at all times satisfy the requirement of Section 26(a)(1) of the Investment Company Act. The Owner Trustee shall at all times: (a) be a corporation or other entity satisfying the provisions of Section 3807(a) of the Statutory Trust Act; (b) be authorized to exercise corporate trust powers; (c) have (or have a parent which has) a combined capital and surplus of at least $50,000,000 and be subject to supervision or examination by federal or State authorities; and (d) have (or have a parent which has) a long-term unsecured debt rating of at least BBB- by, in any generic rating category which signifies investment grade by each Rating Agency or such other a rating as is otherwise acceptable to, Standard & Poor’s Ratings Services and at least Baa3 by, or such other rating as is acceptable to, Xxxxx’x Investors Service, Inc. to each Rating Agency. If such corporation shall publish reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.13, the combined capital and surplus of such corporation shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.13, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.10.

Eligibility Requirements for Owner Trustee. The Owner Trustee shall at all times satisfy the requirement of Section 26(a)(1) of the Investment Company Act. The Owner Trustee shall at all times: (ai) be a corporation or other entity satisfying the provisions of Section 3807(a) of the Statutory Trust ActStatute; (bii) at all times be able and authorized to exercise corporate trust powers; (c) have a combined capital and surplus of at least $50,000,000 and be subject to supervision or examination by federal or State authorities; and (diii) have (or have a parent which has) a long-term unsecured long‑term debt rating of at least BBB- by, investment grade by each Rating Agency or such other rating as ratings for which the Rating Agency Condition is acceptable to, Standard & Poor’s Ratings Services satisfied with respect to such Rating Agency; (iv) have (or have a parent which has) combined capital and surplus of at least Baa3 by, $50,000,000; and (v) be subject to supervision or such other rating as is acceptable to, Xxxxx’x Investors Service, Inc. examination by federal or state authorities. If such corporation the Owner Trustee shall publish reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.13Section, the combined capital and surplus of such corporation the Owner Trustee shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If In case at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.13Section, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.1010.02.

Eligibility Requirements for Owner Trustee. The Owner Trustee shall at all times satisfy the requirement of Section 26(a)(1) of the Investment Company Act. The Owner Trustee shall at all times: (a) be a corporation (i) satisfying the provisions of Section 3807(a) of the Statutory Business Trust ActStatute; (bii) be authorized to exercise corporate trust powers; (ciii) have having a combined capital and surplus of at least $50,000,000 and be subject to supervision or examination by federal Federal or State authorities; and (div) have having (or have having a parent which has) a long-term unsecured debt rating of at least BBB- by, Baa3 by Moody's or such other rating as is acceptable to, A-1 by Standard & Poor’s Ratings Services 's; and at least Baa3 by(v) acceptable to the Security Insurer in its sole discretion, or such other rating so long as is acceptable to, Xxxxx’x Investors Service, Inc. an Insurer Default shall not have occurred and be continuing. If such corporation shall publish reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.13Section, the combined capital and surplus of such corporation shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If In case at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.13Section, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.109.2.

Eligibility Requirements for Owner Trustee. The Owner Trustee shall at all times satisfy the requirement of Section 26(a)(1) of the Investment Company Act. The Owner Trustee shall at all times: (a) be a corporation satisfying the provisions of Section 3807(a) of the Statutory Trust Act; (b) be authorized to exercise corporate trust powers; (c) have a combined capital and surplus of at least $50,000,000 and be subject to supervision or examination by federal or State authorities; and (d) have (or have a parent which has) a long-term unsecured debt rating of at least BBB- by, or such other rating as is acceptable to, Standard & Poor’s Ratings Services and at least Baa3 by, or such other rating as is acceptable to, Xxxxx’x Investors Service, Inc. and at least BBB- by, or such other rating as is acceptable to, Fitch Ratings, Inc., if rated by Fitch Ratings, Inc. If such corporation shall publish reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.13, the combined capital and surplus of such corporation shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.13, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.10.

Eligibility Requirements for Owner Trustee. The Owner Trustee shall at all times satisfy the requirement of Section 26(a)(1) of the Investment Company Act. The Owner Trustee shall at all times: (a) be a corporation satisfying the provisions of Section 3807(a) of the Statutory Trust Act; (b) be authorized to exercise corporate trust powers; (c) have a combined capital and surplus of at least $50,000,000 and be subject to supervision or examination by federal or State authorities; and (d) have (or have a parent which has) a long-term unsecured debt rating of at least BBB- by, or such other rating as is acceptable to, Standard & Poor’s Ratings Services and at least Baa3 by, or such other rating as is acceptable to, Xxxxx’x Investors Service, Inc. Inc., and at least BBB- by, or such other rating as is acceptable to, S&P Global Ratings. If such corporation shall publish reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.13, the combined capital and surplus of such corporation shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.13, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.10.

Eligibility Requirements for Owner Trustee. The Owner Trustee shall at all times satisfy the requirement of Section 26(a)(1) of the Investment Company Act. The Owner Trustee shall at all times: (a) be a corporation satisfying the provisions of Section 3807(a) of the Statutory Trust Act; (b) be authorized to exercise corporate trust powers; (c) have a combined capital and surplus of at least $50,000,000 and be subject to supervision or examination by federal or State authorities; and (d) have (or have a parent which has) a long-term unsecured debt rating of at least BBB- by, or such other rating as is acceptable to, Standard & Poor’s Ratings Services and at least Baa3 BBB- by, or such other rating as is acceptable to, Xxxxx’x Investors ServiceFitch Ratings, Inc., if rated by Fitch Ratings, Inc. If such corporation shall publish reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.13, the combined capital and surplus of such corporation shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.13, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.10.

Eligibility Requirements for Owner Trustee. The Owner ------------------------------------------ Trustee shall at all times satisfy the requirement of Section 26(a)(1) of the Investment Company Act. The Owner Trustee shall at all times: (a) be a corporation (i) satisfying the provisions of Section 3807(a) of the Statutory Business Trust ActStatute; (bii) be authorized to exercise corporate trust powers; (ciii) have having a combined capital and surplus of at least $50,000,000 and be subject to supervision or examination by federal Federal or State authorities; and (div) acceptable to the Security Insurer in its sole discretion, so long as an Insurer Default shall not have (or have a parent which has) a long-term unsecured debt rating of at least BBB- by, or such other rating as is acceptable to, Standard & Poor’s Ratings Services occurred and at least Baa3 by, or such other rating as is acceptable to, Xxxxx’x Investors Service, Inc. be continuing. If such corporation shall publish reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.13Section, the combined capital and surplus of such corporation shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If In case at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.13Section, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.109.2.

Eligibility Requirements for Owner Trustee. The Owner Trustee shall at all times satisfy the requirement of Section 26(a)(1) of the Investment Company Act. The Owner Trustee shall at all times: (ai) be a corporation or other entity satisfying the provisions of Section 3807(a) of the Statutory Trust ActStatute; (bii) at all times be able and authorized to exercise corporate trust powers; (c) have a combined capital and surplus of at least $50,000,000 and be subject to supervision or examination by federal or State authorities; and (diii) have (or have a parent which has) a long-term unsecured long‑term debt rating of at least BBB- by, investment grade by each Rating Agency or such other rating as ratings for which the Rating Agency Condition is acceptable to, Standard & Poor’s Ratings Services satisfied with respect to each Rating Agency; (iv) have (or have a parent which has) combined capital and surplus of at least Baa3 by, $50,000,000; and (v) be subject to supervision or such other rating as is acceptable to, Xxxxx’x Investors Service, Inc. examination by federal or state authorities. If such corporation the Owner Trustee shall publish reports of condition at least annually, annually pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.13Section, the combined capital and surplus of such corporation the Owner Trustee shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If In case at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.13Section, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.1010.02.

Eligibility Requirements for Owner Trustee. The Owner Trustee shall at all times satisfy the requirement requirements of Section 26(a)(1) of the Investment Company Act. The Owner Trustee shall at all times: (a) be a corporation satisfying the provisions of Section 3807(a) of the Statutory Trust ActStatute; (b) be authorized to exercise corporate trust powers; (c) have a combined capital an aggregate capital, surplus and surplus undivided profits of at least $50,000,000 and be subject to supervision or examination by federal or State state authorities; and (d) have (or have a parent which has) a long-term unsecured debt rating of at least BBB- by, or such other rating as is acceptable to, by Standard & Poor’s Ratings Services and at least Baa3 by, or such other rating as is acceptable to, Xxxxx’x Investors Service, Inc. by Moody’s. If such corporation shall publish reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.13, the combined capital aggregate capital, surplus and surplus undivided profits of such corporation shall be deemed to be its combined capital aggregate capital, surplus and surplus undivided profits as set forth in its most recent report of condition so published. If at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.13, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.10.

Eligibility Requirements for Owner Trustee. The Owner Trustee shall at all times satisfy the requirement of Section 26(a)(1) of the Investment Company Act. The Owner Trustee shall at all times: (ai) be a corporation satisfying the provisions of Section 3807(a) of the Statutory Trust ActStatute; (bii) at all times be able and authorized to exercise corporate trust powers; (c) have a combined capital and surplus of at least $50,000,000 and be subject to supervision or examination by federal or State authorities; and (diii) have (or have a parent which has) a long-term unsecured long‑term debt rating of at least BBB- by, investment grade by each Rating Agency or such other rating as ratings for which the Rating Agency Condition is acceptable to, Standard & Poor’s Ratings Services satisfied with respect to each Rating Agency; (iv) have (or have a parent which has) combined capital and surplus of at least Baa3 by, $50,000,000; and (v) be subject to supervision or such other rating as is acceptable to, Xxxxx’x Investors Service, Inc. examination by federal or state authorities. If such corporation the Owner Trustee shall publish reports of condition at least annually, annually pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.13Section, the combined capital and surplus of such corporation the Owner Trustee shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If In case at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.13Section, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.1010.02.

Eligibility Requirements for Owner Trustee. The Owner Trustee shall at all times satisfy the requirement of Section 26(a)(1) of the Investment Company Act. The Owner Trustee shall at all times: (a) be a corporation satisfying the provisions of Section 3807(a) of the Statutory Trust Act; (b) be authorized to exercise corporate trust powers; (c) have a combined capital and surplus of at least $50,000,000 and be subject to supervision or examination by federal or State authorities; and (d) have (or have a parent which has) a long-term unsecured debt rating of at least BBB- by, or such other rating as is acceptable to, Standard & Poor’s Ratings Services and at least Baa3 BBB- by, or such other rating as is acceptable to, Xxxxx’x Investors ServiceFitch, Inc., if rated by Fitch, Inc. If such corporation shall publish reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.13, the combined capital and surplus of such corporation shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.13, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.10.

Eligibility Requirements for Owner Trustee. The Owner Trustee shall at all times satisfy the requirement requirements of Section 26(a)(1) of the Investment Company Act. The Owner Trustee shall at all times: times (a) be a corporation satisfying the provisions of Section 3807(a) of the Statutory Trust Act; (bi) be authorized to exercise corporate trust powers; (cii) have a combined capital an aggregate capital, surplus and surplus undivided profits of at least $50,000,000 and be subject to supervision or examination by federal or State authorities; authorities and (diii) have (or have a parent which has) a long-term unsecured debt rating of at least BBB- by, or such other rating as is acceptable to, “BBB-” by Standard & and Poor’s Ratings Services and at least Baa3 by, or such other rating as is acceptable to, Xxxxx’x Investors Service, Inc. ’s. If such corporation shall publish reports of condition at least annually, pursuant to law Applicable Law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.13Section, the combined capital aggregate capital, surplus and surplus undivided profits of such corporation shall be deemed to be its combined capital aggregate capital, surplus and surplus undivided profits as set forth in its most recent report of condition so published. If at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.13Section, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.10. Notwithstanding any other term or provision of this Agreement, the Owner Trustee shall comply at all times with subsection (a)(4)(i) of Rule 3a-7 of the Investment Company Act. At all times, at least one trustee of the Issuer shall satisfy the requirements of Section 3807(a) of the Statutory Trust Act.

Eligibility Requirements for Owner Trustee. The Owner Trustee shall at all times satisfy the requirement of Section 26(a)(1) of the Investment Company Act. The Owner Trustee shall at all times: (a) be a corporation satisfying the provisions of Section 3807(a) of the Statutory Trust Act; (b) be authorized to exercise corporate trust powers; (c) have a combined capital and surplus of at least $50,000,000 and be subject to supervision or examination by federal or State authorities; and (d) have (or have a parent which has) a long-term unsecured debt rating of at least BBB- by, or such other rating as is acceptable to, Standard & Poor’s S&P Global Ratings Services and at least Baa3 by, or such other rating as is acceptable to, Xxxxx’x Investors Service, Inc. If such corporation shall publish reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.13, the combined capital and surplus of such corporation shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.13, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.10.

Eligibility Requirements for Owner Trustee. The Owner Trustee shall at all times satisfy the requirement of Section 26(a)(1) of the Investment Company Act. The Owner Trustee shall at all times: (a) be a corporation satisfying the provisions of Section 3807(a) of the Statutory Trust Act; (b) be authorized to exercise corporate trust powers; (c) have a combined capital and surplus of at least $50,000,000 and be subject to supervision or examination by federal or State authorities; and (d) have (or have a parent which has) a long-term unsecured debt rating of at least BBB- by, or such other rating as is acceptable to, Standard & Poor’s Ratings Services Fitch Ratings, Inc., if rated by Fitch Ratings, Inc., and at least Baa3 BBB- by, or such other rating as is acceptable to, Xxxxx’x Investors Service, Inc. S&P Global Ratings. If such corporation shall publish reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.13, the combined capital and surplus of such corporation shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.13, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.10.

Eligibility Requirements for Owner Trustee. The Owner Trustee shall at all times satisfy the requirement requirements of Section 26(a)(1) of the Investment Company 1940 Act. The Owner Trustee shall at all times: (a) be a corporation satisfying the provisions of Section 3807(a) of the Statutory Trust Act; (b) be authorized to exercise corporate trust powers; (cb) have a combined capital an aggregate capital, surplus and surplus undivided profits of at least $50,000,000 and be subject to supervision or examination by federal or State authorities; and (dc) have (or have a parent which has) a long-term unsecured debt rating of at least BBB- by, or such other rating as is acceptable to, by Standard & and Poor’s Ratings Services and at least Baa3 by, or such other rating as is acceptable to, Xxxxx’x Investors Service, Inc. ’s. If such corporation shall publish reports of condition at least annually, pursuant to law Applicable Law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.13Section, the combined capital aggregate capital, surplus and surplus undivided profits of such corporation shall be deemed to be its combined capital aggregate capital, surplus and surplus undivided profits as set forth in its most recent report of condition so published. If at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.13Section, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.10. Notwithstanding any other term or provision of this Agreement, the Owner Trustee shall comply at all times with subsection (a)(4)(i) of Rule 3a-7 of the 1940 Act. At all times, at least one trustee of the Issuer shall satisfy the requirements of Section 3807(a) of the Statutory Trust Act.

Eligibility Requirements for Owner Trustee. The Owner Trustee shall at all times satisfy the requirement of Section 26(a)(1) of the Investment Company Act. The Owner Trustee shall at all times: (a) be a corporation satisfying the provisions of Section 3807(a) of the Statutory Trust Act; (b) be authorized to exercise corporate trust powers; (c) have a combined capital and surplus of at least $50,000,000 and be subject to supervision or examination by federal or State state authorities; and (d) have (or have a parent which has) a long-term unsecured debt rating of at least BBB- by, or such other rating as is acceptable to, by Standard & Poor’s Ratings Services Service and at least Baa3 by, or such other rating as is acceptable to, Xxxxx’x by Mxxxx’x Investors Service, Inc. If such corporation shall publish reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.13, the combined capital and surplus of such corporation shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.13, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.10.

Eligibility Requirements for Owner Trustee. The Owner Trustee shall at all times satisfy the requirement of Section 26(a)(1) of the Investment Company Act. The Owner Trustee shall at all times: (a) be a corporation satisfying the provisions of Section 3807(a) of the Statutory Trust Act; (b) be authorized to exercise corporate trust powers; (c) have a combined capital and surplus of at least $50,000,000 and be subject to supervision or examination by federal or State authorities; and (d) have (or have a parent which has) a long-term unsecured debt rating of at least BBB- [ ] by, or such other rating as is acceptable to, Standard & Poor’s Ratings Services [Rating Agency] and at least Baa3 [ ] by, or such other rating as is acceptable to, Xxxxx’x Investors Service, Inc. [Rating Agency]. If such corporation shall publish reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.13, the combined capital and surplus of such corporation shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.13, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.10.

Eligibility Requirements for Owner Trustee. The Owner Trustee shall at all times satisfy the requirement of Section 26(a)(1) of the Investment Company Act. The Owner Trustee shall at all times: (a) be a corporation satisfying the provisions of Section 3807(a) of the Statutory Trust Act; (b) be authorized to exercise corporate trust powers; (c) have a combined capital and surplus of at least $50,000,000 and be subject to supervision or examination by federal or State authorities; and (d) have (or have a parent which has) a long-term unsecured debt rating of at least BBB- by, or such other rating as is acceptable to, Standard & Poor’s Ratings Services and at least Baa3 by, or such other rating as is acceptable to, Xxxxx’x Investors Service, Inc. and at least BBB- by, or such other rating as is acceptable to, S&P Global Ratings. If such corporation shall publish reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.13, the combined capital and surplus of such corporation shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.13, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.10.

Eligibility Requirements for Owner Trustee. The Owner Trustee shall at all times satisfy the requirement of Section 26(a)(1) of the Investment Company Act. The Owner Trustee shall at all times: (a) be a corporation satisfying the provisions of Section 3807(a) of the Statutory Trust Act; (b) be authorized to exercise corporate trust powers; (c) have a combined capital and surplus of at least $50,000,000 and be subject to supervision or examination by federal or State authorities; and (d) have (or have a parent which has) a long-term unsecured debt rating of at least BBB- by, or such other rating as is acceptable to, Standard & Poor’s Ratings Services Fitch Ratings, Inc., if rated by Fitch Ratings, Inc., and at least Baa3 by, or such other rating as is acceptable to, Xxxxx’x Investors Service, Inc. If such corporation shall publish reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.13, the combined capital and surplus of such corporation shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.13, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.10.

Eligibility Requirements for Owner Trustee. The Owner Trustee shall at all times satisfy the requirement of Section 26(a)(1) of the Investment Company Act. The Owner Trustee shall at all times: (a) be a corporation satisfying the provisions of Section 3807(a) of the Statutory Trust Act; (b) be authorized to exercise corporate trust powers; (c) have a combined capital and surplus of at least $50,000,000 and be subject to supervision or examination by federal or State authorities; and (d) have (or have a parent which has) a long-term unsecured debt rating of at least BBB- by, or such other rating as is acceptable to, Standard & Poor’s Ratings Services and at least Baa3 by, or such other rating as is acceptable to, Xxxxx’x Investors Service, Inc. and at least BBB- by, or such other rating as is acceptable to, Fitch, Inc., if rated by Fitch, Inc. If such corporation shall publish reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.13, the combined capital and surplus of such corporation shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.13, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.10.

Eligibility Requirements for Owner Trustee. The Owner Trustee shall at all times satisfy the requirement requirements of Section 26(a)(1) of the Investment Company Act. The Owner Trustee shall at all times: (a) be a corporation satisfying the provisions of Section 3807(a) of the Statutory Business Trust ActStatute; (b) be authorized to exercise corporate trust powers; (c) have a combined capital an aggregate capital, surplus and surplus undivided profits of at least $50,000,000 and be subject to supervision or examination by federal or State state authorities; and (d) have (or have a parent which has) a long-term unsecured debt rating of at least BBB- by, or such other rating as is acceptable to, by Standard & Poor’s Ratings Services 's and at least Baa3 by, or such other rating as is acceptable to, Xxxxx’x Investors Service, Inc. by Moody's. If such corporation shall publish reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.13, the combined capital aggregate capital, surplus and surplus undivided profits of such corporation shall be deemed to be its combined capital aggregate capital, surplus and surplus undivided profits as set forth in its most recent report of condition so published. If at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.13, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.10.

Eligibility Requirements for Owner Trustee. The Owner Trustee shall at all times satisfy the requirement of Section 26(a)(1) of the Investment Company Act. The Owner Trustee shall at all times: (a) be a corporation satisfying the provisions of Section 3807(a) of the Statutory Trust Act; (b) be authorized to exercise corporate trust powers; (c) have a combined capital and surplus of at least $50,000,000 and be subject to supervision or examination by federal or State authorities; and (d) have (or have a parent which has) a long-term unsecured debt rating of at least BBB- by, or such other rating as is acceptable to, Standard & Poor’s Ratings Services Fitch, Inc. and at least Baa3 by, or such other rating as is acceptable to, Xxxxx’x Investors Service, Inc. If such corporation shall publish reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.13, the combined capital and surplus of such corporation shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.13, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.10.

Eligibility Requirements for Owner Trustee. The Owner Trustee shall at all times satisfy the requirement of Section 26(a)(1) of the Investment Company Act. The Owner Trustee shall at all times: (a) be a corporation satisfying the provisions of Section 3807(a) of the Statutory Trust Act; (b) be authorized to exercise corporate trust powers; (c) have a combined capital and surplus of at least $50,000,000 and be subject to supervision or examination by federal or State authorities; and (d) have (or have a parent which has) a long-term unsecured debt rating of at least BBB- by, or such other rating as is acceptable to, by Standard & Poor’s Ratings Services Service and at least Baa3 by, or such other rating as is acceptable to, by Xxxxx’x Investors Service, Inc. If such corporation shall publish reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.13, the combined capital and surplus of such corporation shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.13, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.10.

Eligibility Requirements for Owner Trustee. The Owner Trustee shall at all times satisfy the requirement of Section 26(a)(1) of the Investment Company Act. The Owner Trustee shall at all times: (a) be a corporation satisfying the provisions of Section 3807(a) of the Statutory Trust Act; (b) be authorized to exercise corporate trust powers; (c) have a combined capital and surplus of at least $50,000,000 and be subject to supervision or examination by federal or State state authorities; and (d) have (or have a parent which has) a long-term unsecured debt rating of at least BBB- by, or such other rating as is acceptable to, by Standard & Poor’s 's Ratings Services and at least Baa3 by, or such other rating as is acceptable to, Xxxxx’x by Xxxxx'x Investors Service, Inc. If such corporation shall publish reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.13, the combined capital and surplus of such corporation shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.13, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.10.

Eligibility Requirements for Owner Trustee. The Owner Trustee shall at all times satisfy the requirement of Section 26(a)(1) of the Investment Company Act. The Owner Trustee shall at all times: (a) be a corporation Person (i) if there is no Delaware Trustee, satisfying the provisions of Section 3807(a) of the Statutory Trust ActStatute; (bii) be authorized to exercise corporate trust powerspowers and subject to supervision or examination by federal or state authorities; (ciii) have having (or having a parent which has) a combined capital and surplus of at least $50,000,000 and be subject to supervision or examination by federal or State authorities50,000,000; and (div) have having (or have having a parent which has) a long-term unsecured debt rating of at least BBB- by, or such other rating as is acceptable to, Baa3 by Xxxxx'x and BBB by Standard & Poor’s Ratings Services and at least Baa3 by's; (v) which is not an Affiliate of the Issuer, the Trust Depositor, or such other rating as is acceptable toany Financing Originator, Xxxxx’x Investors Service, Inc. and (vi) does not offer or provide credit or credit enhancement to the Issuer or the Trust Depositor. If such corporation shall publish reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.13Section, the combined capital and surplus of such corporation shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If In case at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.13Section, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.1010.02.

Eligibility Requirements for Owner Trustee. The Owner Trustee shall at all times satisfy the requirement of Section 26(a)(1) of the Investment Company Act. The Owner Trustee shall at all times: (ai) be a corporation satisfying the provisions of Section 3807(a) of the Statutory Trust ActStatute; (bii) at all times be able and authorized to exercise corporate trust powers; (c) have a combined capital and surplus of at least $50,000,000 and be subject to supervision or examination by federal or State authorities; and (diii) have (or have a parent which has) a long-term unsecured debt rating of at least BBB- by, investment grade by each Rating Agency or such other rating as ratings for which the Rating Agency Condition is acceptable to, Standard & Poor’s Ratings Services satisfied with respect to each Rating Agency; (iv) have (or have a parent which has) combined capital and surplus of at least Baa3 by, $50,000,000; and (v) be subject to supervision or such other rating as is acceptable to, Xxxxx’x Investors Service, Inc. examination by federal or state authorities. If such corporation the Owner Trustee shall publish reports of condition at least annually, annually pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.13Section, the combined capital and surplus of such corporation the Owner Trustee shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If In case at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.13Section, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.1010.02.

Eligibility Requirements for Owner Trustee. The Owner Trustee shall at all times satisfy the requirement requirements of Section 26(a)(1) of the Investment Company Act. The Owner Trustee shall at all times: times (a) be a corporation satisfying the provisions of Section 3807(a) of the Statutory Trust Act; (bi) be authorized to exercise corporate trust powers; , (cii) have a combined capital an aggregate capital, surplus and surplus undivided profits of at least $50,000,000 and be subject to supervision or examination by federal or State authorities; authorities and (diii) have (or have a parent which has) a long-term unsecured debt rating of at least BBB- by, or such other rating as is acceptable to, “BBB-” by Standard & and Poor’s Ratings Services and at least Baa3 by, or such other rating as is acceptable to, Xxxxx’x Investors Service, Inc. ’s. If such corporation shall publish reports of condition at least annually, pursuant to law Applicable Law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.13Section, the combined capital aggregate capital, surplus and surplus undivided profits of such corporation shall be deemed to be its combined capital aggregate capital, surplus and surplus undivided profits as set forth in its most recent report of condition so published. If at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.13Section, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.10. Notwithstanding any other term or provision of this Agreement, the Owner Trustee shall comply at all times with subsection (a)(4)(i) of Rule 3a-7 of the Investment Company Act. At all times, at least one trustee of the Issuer shall satisfy the requirements of Section 3807(a) of the Statutory Trust Act.

Eligibility Requirements for Owner Trustee. The Owner Trustee shall at all times satisfy the requirement of Section 26(a)(1) of the Investment Company Act. The Owner Trustee shall at all times: (a) be a corporation satisfying the provisions of Section 3807(a) of the Statutory Trust ActStatute; (b) be authorized to exercise corporate trust powers; (c) have a combined capital and surplus of at least $50,000,000 and be subject to supervision or examination by federal or State state authorities; and (d) have (or have a parent which has) a long-term unsecured debt rating of at least BBB- by, or such other rating as is acceptable to, by Standard & Poor’s 's Ratings Services and at least Baa3 by, or such other rating as is acceptable to, Xxxxx’x by Xxxxx'x Investors Service, Inc. If such corporation shall publish reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.13, the combined capital and surplus of such corporation shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.13, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.10.

Eligibility Requirements for Owner Trustee. The Owner Trustee shall at all times satisfy the requirement requirements of Section 26(a)(1) of the Investment Company Act. The Owner Trustee shall at all times: times (a) be a corporation satisfying the provisions of Section 3807(a) of the Statutory Trust Act; (bi) be authorized to exercise corporate trust powers; (cii) have a combined capital an aggregate capital, surplus and surplus undivided profits of at least $50,000,000 and be subject to supervision or examination by federal or State authorities; authorities and (diii) have (or have a parent which has) a long-term unsecured debt rating of at least BBB- by, or such other rating as is acceptable to, “BBB-“ by Standard & and Poor’s Ratings Services and at least Baa3 by, or such other rating as is acceptable to, Xxxxx’x Investors Service, Inc. ’s. If such corporation shall publish reports of condition at least annually, pursuant to law Applicable Law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.13Section, the combined capital aggregate capital, surplus and surplus undivided profits of such corporation shall be deemed to be its combined capital aggregate capital, surplus and surplus undivided profits as set forth in its most recent report of condition so published. If at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.13Section, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.10. Notwithstanding any other term or provision of this Agreement, the Owner Trustee shall comply at all times with subsection (a)(4)(i) of Rule 3a-7 of the Investment Company Act. At all times, at least one trustee of the Issuer shall satisfy the requirements of Section 3807(a) of the Statutory Trust Act.

Eligibility Requirements for Owner Trustee. The Owner Trustee shall at all times satisfy the requirement requirements of Section 26(a)(1) of the Investment Company Act. The Owner Trustee shall at all times: (a) be a corporation satisfying the provisions of Section 3807(a) of the Statutory Trust Act; (b) be authorized to exercise corporate trust powers; (cb) have a combined capital an aggregate capital, surplus and surplus undivided profits of at least $50,000,000 and be subject to supervision or examination by federal or State state authorities; and (dc) have (or have a parent which has) a long-term tern unsecured debt rating of at least BBB- by, or such other rating as is acceptable to, Standard & Poor’s Ratings Services Baa3 by Xxxxx’x and at least Baa3 by, or such other rating as is acceptable to, Xxxxx’x Investors Service, Inc. BBB- by Fitch. If such corporation shall publish reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.13, the combined capital aggregate capital, surplus and surplus undivided profits of such corporation shall be deemed to be its combined capital aggregate capital, surplus and surplus undivided profits as set forth in its most recent report of condition so published. If at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.13, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.10. Notwithstanding any other term or provision of this Agreement, the Owner Trustee shall comply at all times with subsection (a)(4)(i) of Rule 3a-7 of the Investment Company Act. At all times, at least one trustee of the Trust shall satisfy the requirements of Section 3807(a) of the Statutory Trust Act.

Eligibility Requirements for Owner Trustee. The Owner Trustee shall at all times satisfy the requirement of Section 26(a)(1) of the Investment Company Act. The Owner Trustee shall at all times: (a) be a corporation satisfying the provisions of Section 3807(a) of the Statutory Trust Act; (b) be authorized to exercise corporate trust powers; (c) have a combined capital and surplus of at least $50,000,000 and be subject to supervision or examination by federal or State authorities; and (d) have (or have a parent which has) a long-term unsecured debt rating of at least BBB- BBB-by, or such other rating as is acceptable to, Standard & Poor’s Ratings Services S&P, and at least Baa3 BBB-by, or such other rating as is acceptable to, Xxxxx’x Investors ServiceFitch, Inc. if rated by Fitch. If such corporation shall publish reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.13, the combined capital and surplus of such corporation shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.13, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.10.

Eligibility Requirements for Owner Trustee. The Owner Trustee shall at all times satisfy the requirement of Section 26(a)(1) of the Investment Company Act. The Owner Trustee shall at all times: (a) be a corporation satisfying the provisions of Section 3807(a) of the Statutory Business Trust ActStatute; (b) be authorized to exercise corporate trust powers; (c) have a combined capital and surplus of at least $50,000,000 and be subject to supervision or examination by federal or State state authorities; and (d) have (or have a parent which has) a long-term unsecured debt rating of at least BBB- by, or such other rating as is acceptable to, by Standard & Poor’s 's Ratings Services and at least Baa3 by, or such other rating as is acceptable to, Xxxxx’x by Moody's Investors Service, Inc. If such corporation shall publish reports publisx xxxxxts of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.13, the combined capital and surplus of such corporation shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.13, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.10.

Eligibility Requirements for Owner Trustee. The Owner Trustee shall at all times satisfy the requirement of Section 26(a)(1) of the Investment Company Act. The Owner Trustee shall at all times: (ai) be a trust company or a banking corporation satisfying under the laws of its state of incorporation or a national banking association, having all corporate powers and all material governmental licenses, authorizations, consents and approvals required to carry on a trust business in the State of Delaware, (ii) comply with the provisions of Section 3807(a3807 (and any other applicable Section) of the Delaware Statutory Trust Act; Act and (b) be authorized to exercise corporate trust powers; (ciii) have a combined capital and surplus of at least $50,000,000 (or have its obligations and liabilities irrevocably and unconditionally guaranteed by an affiliated Person having a combined capital and surplus of at least $50,000,000) and be subject to supervision or examination by federal one or State more Federal or state regulatory authorities; and (d) have (or have a parent which has) a long-term unsecured debt rating of at least BBB- by, or such other rating as is acceptable to, Standard & Poor’s Ratings Services and at least Baa3 by, or such other rating as is acceptable to, Xxxxx’x Investors Service, Inc. . If such corporation Person shall publish reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.1310.01, the combined capital and surplus of such corporation Person shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.1310.01, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.1010.02.

Eligibility Requirements for Owner Trustee. The Owner Trustee shall at all times satisfy the requirement of Section 26(a)(1) of the Investment Company Act. The Owner Trustee shall at all times: (a) be a corporation Person (i) satisfying the provisions of Section 3807(a) of the Statutory Business Trust ActStatute; (bii) be authorized to exercise corporate trust powerspowers and subject to supervision or examination by federal or state authorities; (ciii) have having (or having a parent which has) a combined capital and surplus of at least $50,000,000 and be subject to supervision or examination by federal or State authorities50,000,000; and (div) have having (or have having a parent which has) a long-term unsecured debt rating of at least BBB- by, or such other rating as is acceptable to, Baa3 by Moody's and BBB by Standard & Poor’s Ratings Services and at least Baa3 by's; (v) which is not an Affiliate of the Issuer, the Trust Depositor, or such other rating as is acceptable toany Financing Originator, Xxxxx’x Investors Service, Inc. and (vi) does not offer or provide credit or credit enhancement to the Issuer or the Trust Depositor. If such corporation shall publish reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.13Section, the combined capital and surplus of such corporation shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If In case at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.13Section, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.1010.02.

Eligibility Requirements for Owner Trustee. The Owner Trustee shall at all times satisfy the requirement of Section 26(a)(1) of the Investment Company Act. The Owner Trustee shall at all times: (a) be a corporation satisfying the provisions of Section 3807(a) of the Statutory Trust Act; (b) be authorized to exercise corporate trust powers; (c) have a combined capital and surplus of at least $50,000,000 and be subject to supervision or examination by federal or State authorities; and (d) have (or have a parent which has) a long-term unsecured debt rating of at least Baa3 by, or such other rating as is acceptable to, Moody’s, and at least BBB- by, or such other rating as is acceptable to, Standard & Poor’s Ratings Services and at least Baa3 byFitch, or such other rating as is acceptable to, Xxxxx’x Investors Service, Inc. if rated by Fitch. If such corporation shall publish reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.13, the combined capital and surplus of such corporation shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.13, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.10.

Eligibility Requirements for Owner Trustee. The Owner Trustee shall at all times satisfy the requirement of Section 26(a)(1) of the Investment Company Act. The Owner Trustee shall at all times: (a) be a corporation Person (i) satisfying the provisions of Section 3807(a) of the Statutory Trust ActStatute; (bii) be authorized to exercise corporate trust powerspowers and subject to supervision or examination by federal or state authorities; (ciii) have having (or having a parent which has) a combined capital and surplus of at least $50,000,000 and be subject to supervision or examination by federal or State authorities50,000,000; and (div) have having (or have having a parent which has) a long-term unsecured debt rating of at least BBB- by, or such other rating as is acceptable to, Baa3 by Xxxxx’x and BBB by Standard & Poor’s Ratings Services and at least Baa3 by’s; (v) which is not an Affiliate of the Trust, the Depositor, or such other rating as is acceptable tothe Financing Originator, Xxxxx’x Investors Service, Inc. and (vi) does not offer or provide credit or credit enhancement to the Issuer or the Depositor. If such corporation shall publish reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.13Section, the combined capital and surplus of such corporation shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If In case at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.1310.01, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.1010.02.

Eligibility Requirements for Owner Trustee. The Owner Trustee shall at all times satisfy the requirement requirements of Section 26(a)(1) of the Investment Company Act. The Owner Trustee shall at all times: (a) be a corporation satisfying the provisions of Section 3807(a) of the Statutory Trust ActStatute; (b) be authorized to exercise corporate trust powers; (c) have a combined capital an aggregate capital, surplus and surplus undivided profits of at least $50,000,000 and be subject to supervision or examination by federal or State state authorities; and (d) have (or have a parent which has) a long-term unsecured debt rating of at least BBB- by, or such other rating as is acceptable to, by Standard & Poor’s Ratings Services 's, at least Baa3 by Xxxxx'x and at least Baa3 byBBB- by Fitch, or such other rating as is acceptable to, Xxxxx’x Investors Service, Inc. if rated by Fitch. If such corporation shall publish reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.13, the combined capital aggregate capital, surplus and surplus undivided profits of such corporation shall be deemed to be its combined capital aggregate capital, surplus and surplus undivided profits as set forth in its most recent report of condition so published. If at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.13, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.10.

Eligibility Requirements for Owner Trustee. The Owner Trustee shall at all times satisfy the requirement of Section 26(a)(1) of the Investment Company Act. The Owner Trustee shall at all times: (a) be a corporation satisfying the provisions of Section 3807(a) of the Statutory Trust Act; (b) be authorized to exercise corporate trust powers; (cb) have a combined capital and surplus of at least $50,000,000 and be subject to supervision or examination by federal or State state authorities; and (dc) have (or have a parent which has) a long-term unsecured debt rating of at least BBB- by, or such other rating as is acceptable to, "BBB" by Standard & Poor’s Ratings Services 's and have a long-term unsecured debt rating of at least Baa3 by, or such other rating as is acceptable to, Xxxxx’x Investors Service, Inc. "Baa3" by Moody's. If such corporation shall publish reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.13, the combined capital and surplus of such corporation shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.13, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.10. At all times, the Owner Trustee or Co-trustee appointed pursuant hereto shall be a person that satisfies the provisions of Section 3807(a) of the Business Trust Statute (the "Delaware Trustee").

Eligibility Requirements for Owner Trustee. The Owner Trustee shall at all times satisfy the requirement of Section 26(a)(1) of the Investment Company Act. The Owner Trustee shall at all times: (a) be a corporation (i) satisfying the provisions of Section 3807(a) of the Statutory Trust Act; , (bii) be authorized to exercise corporate trust powers; , (ciii) have having a combined capital and surplus of at least $50,000,000 and be 50,000,000, (iv) subject to supervision or examination by federal Federal or State authorities; state authorities and (dv) have (or have a parent which has) a long-term unsecured debt rating of least “Baa3” by Moody’s, at least BBB- by, or such other rating as is acceptable to, “BBB” by Standard & Poor’s Ratings Services and and, if rated by Fitch, at least Baa3 by“BBB” by Fitch, or such other rating as if not rated, otherwise satisfactory to each Rating Agency (it being understood and acknowledged that Wilmington Trust Company is acceptable to, Xxxxx’x Investors Service, Inc. satisfactory to each Rating Agency). If such corporation shall publish reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.13Section, the combined capital and surplus of such corporation shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If In case at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.13Section, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.1010.2.

Eligibility Requirements for Owner Trustee. The Owner Trustee shall at all times satisfy the requirement requirements of Section 26(a)(1) of the Investment Company 1940 Act. The Owner Trustee shall at all times: (a) be a corporation satisfying the provisions of Section 3807(a) of the Statutory Trust Act; (b) be authorized to exercise corporate trust powers; (cb) have a combined capital an aggregate capital, surplus and surplus undivided profits of at least $50,000,000 and be subject to supervision or examination by federal or State authorities; and (dc) have (or have a parent which has) a long-term unsecured debt rating of at least BBB- by, or such other rating as is acceptable to, by Standard & and Poor’s Ratings Services and at least Baa3 by, or such other rating as is acceptable to, Xxxxx’x Investors Service, Inc. ’s. If such corporation shall publish reports of condition at least annually, pursuant to law Applicable Law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.13, the combined capital aggregate capital, surplus and surplus undivided profits of such corporation shall be deemed to be its combined capital aggregate capital, surplus and surplus undivided profits as set forth in its most recent report of condition so published. If at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.13Section, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.10. Notwithstanding any other term or provision of this Agreement, the Owner Trustee shall comply at all times with subsection (a)(4)(i) of Rule 3a-7 of the 1940 Act. At all times, at least one trustee of the Issuer shall satisfy the requirements of Section 3807(a) of the Statutory Trust Act.

Eligibility Requirements for Owner Trustee. The Owner Trustee shall at all times satisfy the requirement of Section 26(a)(1) of the Investment Company Act. The Owner Trustee shall at all times: (a) be a corporation Person (i) satisfying the provisions of Section 3807(a) of the Statutory Trust ActStatute; (bii) be authorized to exercise corporate trust powerspowers and subject to supervision or examination by federal or state authorities; (ciii) have having (or having a parent which has) a combined capital and surplus of at least $50,000,000 and be subject to supervision or examination by federal or State authorities50,000,000; and (div) have having (or have having a parent which has) a long-term unsecured debt rating of at least BBB- by, or such other rating as is acceptable to, Baa3 by Xxxxx'x and BBB by Standard & Poor’s Ratings Services and at least Baa3 by's; (v) which is not an Affiliate of the Issuer, the Trust Depositor, or such other rating as is acceptable toany Financing Originator, Xxxxx’x Investors Service, Inc. and (vi) does not offer or provide credit or credit enhancement to the Issuer or the Trust Depositor. If such corporation shall publish reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.13Section, the combined capital and surplus of such corporation shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If In case at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.13Section, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.1010.02.

Eligibility Requirements for Owner Trustee. The Owner Trustee shall at all times satisfy the requirement of Section 26(a)(1) of the Investment Company Act. The Owner Trustee shall at all times: (a) be a corporation satisfying the provisions of Section 3807(a) of the Statutory Trust Act; (b) be authorized to exercise corporate trust powers; (c) have a combined capital and surplus of at least $50,000,000 and be subject to supervision or examination by federal or State authorities; and (d) have (or have a parent which has) a long-term unsecured debt rating of at least BBB- by, or such other rating as is acceptable to, Standard & Poor’s Ratings Services and at least Baa3 by, or such other rating as is acceptable to, Xxxxx’x Investors Service, Inc. Inc and at least BBB- by, or such other rating as is acceptable to, S&P Global Ratings. If such corporation shall publish reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.13, the combined capital and surplus of such corporation shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.13, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.10.

Eligibility Requirements for Owner Trustee. The Owner Trustee shall at all times satisfy the requirement of Section 26(a)(1) of the Investment Company Act. The Owner Trustee shall at all times: (a) be a corporation satisfying the provisions of Section 3807(a) of the Statutory Trust Act; (b) be authorized to exercise corporate trust powers; (c) have a combined capital and surplus of at least $50,000,000 and be subject to supervision or examination by federal or State authorities; and (d) have (or have a parent which has) a long-term unsecured debt rating of at least BBB- by, or such other rating as is acceptable to, Standard & Poor’s Ratings Services Fitch Ratings, Inc. and at least Baa3 by, or such other rating as is acceptable to, Xxxxx’x Investors Service, Inc. If such corporation shall publish reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.13, the combined capital and surplus of such corporation shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.13, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.10.

Eligibility Requirements for Owner Trustee. The Owner Trustee shall at all times satisfy the requirement of Section 26(a)(1) of the Investment Company Act. The Owner Trustee shall at all times: (a) be a corporation Person (i) if there is no Delaware Trustee, satisfying the provisions of Section 3807(a) of the Statutory Business Trust ActStatute; (bii) be authorized to exercise corporate trust powerspowers and subject to supervision or examination by federal or state authorities; (ciii) have having (or having a parent which has) a combined capital and surplus of at least $50,000,000 and be subject to supervision or examination by federal or State authorities50,000,000; and (div) have having (or have having a parent which has) a long-term unsecured debt rating of at least BBB- by, or such other rating as is acceptable to, Baa3 by Xxxxx'x and BBB by Standard & Poor’s Ratings Services and at least Baa3 by's; (v) which is not an Affiliate of the Issuer, the Trust Depositor, or such other rating as is acceptable toany Financing Originator, Xxxxx’x Investors Service, Inc. and (vi) does not offer or provide credit or credit enhancement to the Issuer or the Trust Depositor. If such corporation shall publish reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.13Section, the combined capital and surplus of such corporation shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If In case at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.13Section, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.1010.02.

Eligibility Requirements for Owner Trustee. The Owner Trustee shall at all times satisfy the requirement of Section 26(a)(1) of the Investment Company Act. The Owner Trustee shall at all times: (a) be a corporation Person (i) satisfying the provisions of Section 3807(a) of the Statutory Business Trust ActStatute; (bii) be authorized to exercise corporate trust powerspowers and subject to supervision or examination by federal or state authorities; (ciii) have having (or having a parent which has) a combined capital and surplus of at least $50,000,000 and be subject to supervision or examination by federal or State authorities50,000,000; and (div) have having (or have having a parent which has) a long-term unsecured debt rating of at least BBB- by, or such other rating as is acceptable to, Baa3 by Xxxxx'x and BBB by Standard & Poor’s Ratings Services and at least Baa3 by's; (v) which is not an Affiliate of the Issuer, the Trust Depositor, or such other rating as is acceptable tothe Financing Originator, Xxxxx’x Investors Service, Inc. and (vi) does not offer or provide credit or credit enhancement to the Issuer or the Trust Depositor. If such corporation shall publish reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.13Section, the combined capital and surplus of such corporation shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If In case at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.13Section, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.1010.02.

Eligibility Requirements for Owner Trustee. The Owner Trustee shall at all times satisfy the requirement of Section 26(a)(1) of the Investment Company Act. The Owner Trustee shall at all times: (a) be a corporation satisfying the provisions of Section 3807(a) of the Statutory Business Trust ActStatute; (b) be authorized to exercise corporate trust powers; (c) have a combined capital and surplus of at least $50,000,000 and be subject to supervision or examination by federal or State state authorities; and (d) have (or have a parent which has) a long-term unsecured debt rating of at least BBB- by, or such other rating as is acceptable to, by Standard & Poor’s 's Ratings Services and at least Baa3 by, or such other rating as is acceptable to, Xxxxx’x Investors by Moodx'x Xxxestors Service, Inc. If such corporation shall publish reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.13, the combined capital and surplus of such corporation shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.13, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.10.

Eligibility Requirements for Owner Trustee. The Owner Trustee shall at all times satisfy the requirement of Section 26(a)(1) of the Investment Company Act. The Owner Trustee shall at all times: (ai) be a corporation Person satisfying the provisions of Section 3807(a) of the Statutory Trust ActStatute; (bii) be authorized to exercise corporate trust powers; (ciii) have, or have a corporate parent that has, a combined capital and surplus of at least $50,000,000 and 50,000,000; (iv) be subject to supervision or examination by federal or State authorities; and (dv) have (or have a parent which has) a long-term unsecured debt rating of at least Baa3 by Moody’s, at least BBB- by, or such other rating as is acceptable to, by Standard & Poor’s Ratings Services and and, if rated by Fitch, at least Baa3 byBBB- by Fitch, or such other rating as is otherwise be acceptable to, Xxxxx’x Investors Service, Inc. to each Rating Agency. If such corporation Person shall publish reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.13Section, the combined capital and surplus of such corporation Person shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If In case at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.13Section, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.109.02.

Eligibility Requirements for Owner Trustee. The Owner Trustee shall at all times satisfy the requirement of Section 26(a)(1) of the Investment Company Act. The Owner Trustee shall at all times: (a) be a corporation satisfying the provisions of Section 3807(a) of the Statutory Trust Act; (b) be authorized to exercise corporate trust powers; (c) have , having a combined capital and surplus of at least $50,000,000 and be subject to supervision or examination by federal or State state authorities; and (d) have having (or have having a parent parent) which has) has a long-term unsecured debt rating of at least Baa3 by Xxxxx'x, at least BBB- by, or such other rating as is acceptable to, by Standard & Poor’s Ratings Services and 's and, if rated by Fitch, at least Baa3 byBBB- by Fitch, or such other rating as is acceptable toif not rated, Xxxxx’x Investors Service, Inc. otherwise satisfactory to each Note Rating Agency. If such corporation shall publish reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.13Section, the combined capital and surplus of such corporation shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If In case at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.13Section, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.109.2. In addition, at all times the Owner Trustee or a co-trustee shall be a person that satisfies the requirements of Section 3807(a) of the Business Trust Statute (the "Delaware Trustee").

Eligibility Requirements for Owner Trustee. The Owner Trustee shall at all times satisfy the requirement of Section 26(a)(1) of the Investment Company Act. The Owner Trustee shall at all times: (a) be a corporation (i) satisfying the provisions of Section 3807(a) of the Statutory Business Trust ActStatute; (bii) be authorized to exercise corporate trust powers; (ciii) have a Title I approved lender pursuant to FHA Regulations; (iv) having a combined capital and surplus of at least $50,000,000 and be subject to supervision or examination by federal Federal or State authorities; and (dv) have having (or have having a parent which has) a long-term unsecured debt rating of at least BBB- by, _____ by _____ or such other rating as is _____ by _____ or otherwise be acceptable to, Standard & Poor’s Ratings Services to _____ and at least Baa3 by, or such other rating as is acceptable to, Xxxxx’x Investors Service, Inc. _____; and (vi) shall not be an Affiliate of the Seller. If such corporation shall publish reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.13Section, the combined capital and surplus of such corporation shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If In case at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.13Section, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.1010.2.

Eligibility Requirements for Owner Trustee. The Owner Trustee shall at all times satisfy the requirement requirements of Section 26(a)(1) of the Investment Company Act. The Owner Trustee shall at all times: (a) be a corporation satisfying the provisions of Section 3807(a) of the Statutory Trust Act; (b) be authorized to exercise corporate trust powers; (cb) have a combined capital an aggregate capital, surplus and surplus undivided profits of at least $50,000,000 and be subject to supervision or examination by federal or State state authorities; and (dc) have (or have a parent which has) a long-term tern unsecured debt rating of at least BBB- by, or such other rating as is acceptable to, Standard & Poor’s Ratings Services Baa3 by Xxxxx’x and at least Baa3 by, or such other rating as is acceptable to, Xxxxx’x Investors Service, Inc. BBB- by Fitch. If such corporation shall publish reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.13, the combined capital aggregate capital, surplus and surplus undivided profits of such corporation shall be deemed to be its combined capital aggregate capital, surplus and surplus undivided profits as set forth in its most recent report of condition so published. If at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.13, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.10.. Notwithstanding any other term or provision of this Agreement, the Owner Trustee shall comply at all times with subsection Amended and Restated Trust Agreement

Eligibility Requirements for Owner Trustee. The Owner Trustee shall at all times satisfy the requirement of Section 26(a)(1) of the Investment Company Act. The Owner Trustee shall at all times: (a) be a corporation satisfying the provisions of Section 3807(a) of the Statutory Trust Act; (b) be authorized to exercise corporate trust powers; (c) have a combined capital and surplus of at least $50,000,000 and be subject to supervision or examination by federal or State state authorities; and (d) have (or have a parent which has) a long-term unsecured debt rating of at least BBB- by, or such other rating as is acceptable to, by Standard & Poor’s 's Ratings Services and at least Baa3 by, or such other rating as is acceptable to, Xxxxx’x by Moody's Investors Service, Inc. If such corporation shall publish reports rxxxxxx of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.13, the combined capital and surplus of such corporation shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.13, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.10.

Eligibility Requirements for Owner Trustee. The Owner Trustee shall at all times satisfy the requirement of Section 26(a)(1) of the Investment Company Act. The Owner Trustee shall at all times: (a) be a corporation (i) satisfying the provisions of Section 3807(a) of the Statutory Business Trust ActStatute; (bii) be authorized to exercise corporate trust powers; (ciii) have having a combined capital and surplus of at least $50,000,000 and be subject to supervision or examination by federal Federal or State authorities; and (div) have having (or have having a parent which has) a long-term unsecured debt rating of at least BBB- by, P-1 by Xxxxx'x or such other AA- by S&P and a short-term debt rating as is of A-1+ from S&P or otherwise acceptable to, Standard & Poor’s Ratings Services to the Rating Agencies; and at least Baa3 by, or such other rating as is acceptable to, Xxxxx’x Investors Service, Inc. (v) shall not be an Affiliate of the Seller. If such corporation shall publish reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.13Section, the combined capital and surplus of such corporation shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If In case at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.13Section, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.1010.2.

Eligibility Requirements for Owner Trustee. The Owner Trustee shall at all times satisfy the requirement of Section 26(a)(1) of the Investment Company Act. The Owner Trustee shall at all times: (a) be a corporation satisfying the provisions of Section 3807(a) of the Statutory Trust ActStatute; (b) be authorized to exercise corporate trust powers; (c) have a combined capital and surplus of at least $50,000,000 and be subject to supervision or examination by federal or State state authorities; and (d) have (or have a parent which has) a long-term unsecured debt rating of at least BBB- by, Baa2 by Xxxxx'x Investors Service or such other be otherwise satisfactory to Xxxxx'x Investors Service; and (e) have a long-term unsecured debt rating as is acceptable to, of at least BBB by Standard & Poor’s Ratings Services and at least Baa3 by, 's or such other rating as is acceptable to, Xxxxx’x Investors Service, Inc. be otherwise satisfactory to Standard & Poor's. If such corporation shall publish reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.13, the combined capital and surplus of such corporation shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.13, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.10.

Eligibility Requirements for Owner Trustee. The Owner Trustee under this Agreement shall at all times satisfy be a national banking association or corporation having its corporate trust office in the requirement of Section 26(a)(1) same State as the location of the Investment Company Act. The Owner Trustee shall at all times: (a) be a corporation satisfying Corporate Trust Office as specified in this Agreement; and organized and doing business under the provisions laws of Section 3807(a) of such State or the Statutory Trust ActUnited States; (b) be authorized under such laws to exercise corporate trust powers; (c) have having a combined capital and surplus of at least $50,000,000 and be subject to supervision or examination by federal or State state authorities; and (d) have (or have a parent which has) having a long-term unsecured debt deposit rating of at least BBB- byno lower than Baa3 by Moody's, so long as Moodx'x xx a Rating Agency, or be otherwise acceptable to each Rating Agency, as evidenced by a letter to such other rating as is acceptable to, Standard & Poor’s Ratings Services and at least Baa3 by, or such other rating as is acceptable to, Xxxxx’x Investors Service, Inc. effect from each of them. If such corporation the Owner Trustee shall publish reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.13Section, the combined capital and surplus of such corporation shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If In case at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.13Section, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.106.07.

Eligibility Requirements for Owner Trustee. The Owner Trustee shall at all times satisfy the requirement of Section 26(a)(1) of the Investment Company Act. The Owner Trustee shall at all times: (a) be a corporation satisfying the provisions of Section 3807(a) of the Statutory Business Trust ActStatute; (b) be authorized to exercise corporate trust powers; (c) have a combined capital and surplus of at least $50,000,000 and be subject to supervision or examination by federal or State state authorities; and (d) have (or have a parent which has) a long-term unsecured debt rating of at least BBB- by, or such other rating as is acceptable to, by Standard & Poor’s 's Ratings Services and at least Baa3 by, or such other rating as is acceptable to, Xxxxx’x by Xxxxx'x Investors Service, Inc. . If such corporation shall publish reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.13, the combined capital and surplus of such corporation shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.13, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.10.

Eligibility Requirements for Owner Trustee. The Owner Trustee shall at all times satisfy the requirement of Section 26(a)(1) of the Investment Company Act. The Owner Trustee shall at all times: (a) be a corporation satisfying the provisions of Section 3807(a) of the Statutory Trust ActStatute; (b) be authorized to exercise corporate trust powers; (c) have a combined capital and surplus of at least $50,000,000 and be subject to supervision or examination by federal or State state authorities; and (d) have (or have a parent which has) a long-term unsecured debt rating of at least BBB- by, or such other rating as is acceptable to, by Standard & Poor’s 's Ratings Services and at least Baa3 by, or such other rating as is acceptable to, Xxxxx’x by Moody's Investors Service, Inc. If such corporation shall publish reports of repxxxx xx condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.13, the combined capital and surplus of such corporation shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.13, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.10.

Eligibility Requirements for Owner Trustee. The Owner Trustee shall at all times satisfy the requirement requirements of Section 26(a)(1) of the Investment Company 1940 Act. The Owner Trustee shall at all times: (a) be a corporation satisfying the provisions of Section 3807(a) of the Statutory Trust Act; (b) be authorized to exercise corporate trust powers; (cb) have a combined capital an aggregate capital, surplus and surplus undivided profits of at least $50,000,000 and be subject to supervision or examination by federal or State authorities; and (dc) have (or have a parent which has) a long-term unsecured debt rating of at least BBB- by, or such other rating as is acceptable to, Standard & Poor’s Ratings Services and at least Baa3 by, or such other rating as is acceptable to, Xxxxx’x Investors Service, Inc. by Xxxxx’x. If such corporation shall publish reports of condition at least annually, pursuant to law Applicable Law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.13, the combined capital aggregate capital, surplus and surplus undivided profits of such corporation shall be deemed to be its combined capital aggregate capital, surplus and surplus undivided profits as set forth in its most recent report of condition so published. If at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.13Section, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.10. Notwithstanding any other term or provision of this Agreement, the Owner Trustee shall comply at all times with subsection (a)(4)(i) of Rule 3a-7 of the 1940 Act. At all times, at least one trustee of the Issuer shall satisfy the requirements of Section 3807(a) of the Statutory Trust Act.

Eligibility Requirements for Owner Trustee. The Owner Trustee shall at all times satisfy the requirement of Section 26(a)(1) of the Investment Company Act. The Owner Trustee shall at all times: (a) be a corporation satisfying the provisions of Section 3807(a) of the Statutory Business Trust ActStatute; (b) be authorized to exercise corporate trust powers; (c) have a combined capital and surplus of at least $50,000,000 and be subject to supervision or examination by federal or State state authorities; and (d) have (or have a parent which has) a long-term unsecured debt rating of at least BBB- by, or such other rating as is acceptable to, by Standard & Poor’s 's Ratings Services and at least Baa3 by, or such other rating as is acceptable to, Xxxxx’x by Xxxxx'x Investors Service, Inc. If such corporation shall publish reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.13, the combined capital and surplus of such corporation shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.13, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.10.

Eligibility Requirements for Owner Trustee. The Owner Trustee shall at all times satisfy the requirement of Section 26(a)(1) of the Investment Company Act. The Owner Trustee shall at all times: (a) be a corporation (i) satisfying the provisions of Section 3807(a) of the Statutory Business Trust ActStatute; (bii) be authorized to exercise corporate trust powers; (ciii) have having a combined capital and surplus of at least $50,000,000 and be subject to supervision or examination by federal Federal or State authorities; and (div) have having (or have having a parent which has) a long-term unsecured debt rating of at least BBB- by, AA by Fitch (if rated by Fitch) or such other AA- by S&P and a short-term debt rating as is of A-1+ from S&P or otherwise acceptable to, Standard & Poor’s Ratings Services to the Rating Agencies; and at least Baa3 by, or such other rating as is acceptable to, Xxxxx’x Investors Service, Inc. (v) shall not be an Affiliate of the Seller. If such corporation shall publish reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.13Section, the combined capital and surplus of such corporation shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If In case at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.13Section, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.1010.2.

Eligibility Requirements for Owner Trustee. The Owner Trustee shall at all times satisfy the requirement of Section 26(a)(1) of the Investment Company Act. The Owner Trustee shall at all times: (a) be a corporation satisfying the provisions of Section 3807(a) of the Statutory Trust Act; (b) be authorized to exercise corporate trust powers; (cb) have a combined capital and surplus of at least $50,000,000 and be subject to supervision or examination by federal or State state authorities; and (dc) have (or have a parent which has) a senior unsecured long-term unsecured debt rating of at least BBB- by, or such other rating as is acceptable to, "BBB" by Standard & Poor’s Ratings Services 's and have a senior unsecured long-term debt rating of at least Baa3 by, or such other rating as is acceptable to, Xxxxx’x Investors Service, Inc. "Baa3" by Moody's. If such corporation shall publish reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.13, the combined capital and surplus of such corporation shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.13, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.10. At all times, the Owner Trustee or Co-trustee appointed pursuant hereto shall be a person that satisfies the provisions of Section 3807(a) of the Business Trust Statute (the "Delaware Trustee").

Eligibility Requirements for Owner Trustee. The Owner ------------------------------------------- Trustee shall at all times satisfy the requirement of Section 26(a)(1) of the Investment Company Act. The Owner Trustee shall at all times: (a) be a corporation satisfying the provisions of Section 3807(a) of the Statutory Trust ActStatute; (b) be authorized to exercise corporate trust powers; (c) have having a combined capital and surplus of at least $50,000,000 [_____] and be subject to supervision or examination by federal or State state authorities; and (d) have having (or have having a parent which that has) a long-term unsecured debt obligations with a rating of at least BBB- by, or such other rating as is acceptable to[___] by Moody's, Standard & Poor’s Ratings Services and at least Baa3 by's or Fitch, or such other rating as is acceptable to, Xxxxx’x Investors Service, Inc. if rated by Fitch. If such corporation xxxxxxation shall publish reports of condition at least annually, annually pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.13Section, the combined capital and surplus of such corporation shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If In case at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.139.01, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.109.02.

Eligibility Requirements for Owner Trustee. The Owner Trustee shall at all times satisfy the requirement requirements of Section 26(a)(1) of the Investment Company Act. The Owner Trustee shall at all times: (a) unless a Delaware Trustee shall have been appointed, be a corporation corporation, a national banking association, a bank or a trust company satisfying the provisions of Section 3807(a) of the Statutory Trust ActStatute; (b) be authorized to exercise corporate trust powers; (c) have a combined capital an aggregate capital, surplus and surplus undivided profits of at least $50,000,000 and be subject to supervision or examination by federal or State state authorities; and (d) have (or have a parent which has) a long-term unsecured debt rating of at least BBB- by, or such other rating as is acceptable to, by Standard & Poor’s Ratings Services and at least Baa3 by, or such other rating as is acceptable to, Xxxxx’x Investors Service, Inc. by Xxxxx’x. If such corporation entity shall publish reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.13, the combined capital aggregate capital, surplus and surplus undivided profits of such corporation shall be deemed to be its combined capital aggregate capital, surplus and surplus undivided profits as set forth in its most recent report of condition so published. If at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.13, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.10.

Eligibility Requirements for Owner Trustee. The Owner Trustee shall at all times satisfy the requirement of Section 26(a)(1) of the Investment Company Act. The Owner Trustee shall at all times: (a) be a corporation satisfying the provisions of Section 3807(a) of the Statutory Business Trust ActStatute; (b) be authorized to exercise corporate trust powers; (c) have a combined capital and surplus of at least $50,000,000 and be subject to supervision or examination by federal or State state authorities; and (d) have (or have a parent which has) a long-term unsecured debt rating of at least BBB- by, or such other rating as is acceptable to, by Standard & Poor’s 's Ratings Services and at least Baa3 by, or such other rating as is acceptable to, Xxxxx’x by Moody's Investors Service, Inc. If such corporation shall publish reports of repxxxx xx condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section SECTION 6.13, the combined capital and surplus of such corporation shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section SECTION 6.13, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section SECTION 6.10.

Eligibility Requirements for Owner Trustee. The Owner Trustee shall at all times satisfy the requirement of Section 26(a)(1) of the Investment Company Act. The Owner Trustee shall at all times: (a) be a corporation satisfying the provisions of Section 3807(a) of the Statutory Trust ActStatute; (b) be authorized to exercise corporate trust powers; (c) have a combined capital and surplus of at least $50,000,000 and be subject to supervision or examination by federal or State state authorities; and (d) have (or have a parent which has) a long-term unsecured debt rating of at least BBB- by, or such other rating as is acceptable to, by Standard & Poor’s 's Ratings Services and at least Baa3 by, or such other rating as is acceptable to, Xxxxx’x by Moody's Investors Service, Inc. If such corporation shall publish reports of repoxxx xx condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.13, the combined capital and surplus of such corporation shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.13, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.10.

Eligibility Requirements for Owner Trustee. The Owner Trustee shall at all times satisfy the requirement of Section 26(a)(1) of the Investment Company Act. The Owner Trustee shall at all times: (ai) be a corporation Person satisfying the provisions of Section 3807(a) of the Statutory Business Trust ActStatute; (bii) be authorized to exercise corporate trust powers; (ciii) have, or have a corporate parent that has, a combined capital and surplus of at least $50,000,000 and 50,000,000; (iv) be subject to supervision or examination by federal or State state authorities; and (dv) have (or have a parent which has) a long-term unsecured debt rating of at least Baa3 by Xxxxx'x, at least BBB- by, or such other rating as is acceptable to, by Standard & Poor’s Ratings Services and 's and, if rated by Fitch, at least Baa3 byBBB- by Fitch, or such other rating as is otherwise be acceptable to, Xxxxx’x Investors Service, Inc. to each Rating Agency. If such corporation Person shall publish reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.13Section, the combined capital and surplus of such corporation Person shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If In case at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.13Section, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.109.02.

Eligibility Requirements for Owner Trustee. The Owner Trustee shall at all times satisfy the requirement of Section 26(a)(1) of the Investment Company Act. The Owner Trustee shall at all times: (a) be a corporation satisfying the provisions of Section 3807(a) of the Statutory Trust Act; (b) be authorized to exercise corporate trust powers; (c) have a combined capital and surplus of at least $50,000,000 and be subject to supervision or examination by federal or State state authorities; and (d) have (or have a parent which has) a long-term unsecured debt rating of at least BBB- by, Baa2 by Xxxxx’x or such other be otherwise satisfactory to Xxxxx’x; and (e) have a long-term unsecured debt rating as is acceptable to, Standard & Poor’s Ratings Services and of at least Baa3 byBBB by S&P or be otherwise satisfactory to S&P; provided that, for so long as Wilmington Trust Company serves as the Owner Trustee, the eligibility requirements set forth in (d) and (e) above shall not apply, and Wilmington Trust Company shall instead be required to have a long-term unsecured debt rating of investment grade by Xxxxx’x or such other rating as is acceptable to, Xxxxx’x Investors Service, Inc. S&P. If such corporation the Owner Trustee shall publish reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.13, the combined capital and surplus of such corporation shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.13, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.10.

Eligibility Requirements for Owner Trustee. The Owner Trustee shall at all times satisfy the requirement of Section 26(a)(1) of the Investment Company Act. The Owner Trustee shall at all times: (a) be a corporation satisfying the provisions of Section 3807(a) of the Statutory Business Trust ActStatute; (b) be authorized to exercise corporate trust powers; (c) have a combined capital and surplus of at least $50,000,000 and be subject to supervision or examination by federal or State state authorities; and (d) have (or have a parent which has) a long-term unsecured debt rating of at least BBB- by, or such other rating as is acceptable to, by Standard & Poor’s 's Ratings Services and at least Baa3 by, or such other rating as is acceptable to, Xxxxx’x by Moody's Investors Service, Inc. . If such corporation shall publish reports of condition reporxx xx xondition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.13, the combined capital and surplus of such corporation shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.13, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.10.

Eligibility Requirements for Owner Trustee. The Owner Trustee shall at all times satisfy the requirement requirements of Section 26(a)(1) of the Investment Company Act. The Owner Trustee shall at all times: (a) be a corporation satisfying the provisions of Section 3807(a) of the Statutory Business Trust ActStatute; (b) be authorized to exercise corporate trust powers; (c) have a combined capital an aggregate capital, surplus and surplus undivided profits of at least $50,000,000 and be subject to supervision or examination by federal or State state authorities; and (d) have (or have a parent which has) a long-term unsecured debt rating of at least BBB- by, or such other rating as is acceptable to, Standard & Poor’s Ratings Services [ ] by S&P and at least Baa3 by, or such other rating as is acceptable to, Xxxxx’x Investors Service, Inc. by Xxxxx'x. If such corporation shall publish reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.13, the combined capital aggregate capital, surplus and surplus undivided profits of such corporation shall be deemed to be its combined capital aggregate capital, surplus and surplus undivided profits as set forth in its most recent report of condition so published. If at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.13, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.10.

Eligibility Requirements for Owner Trustee. The Owner Trustee shall at all times satisfy the requirement requirements of Section 26(a)(1) of the Investment Company 1940 Act. The Owner Trustee shall at all times: (a) be a corporation satisfying the provisions of Section 3807(a) of the Statutory Trust Act; (b) be authorized to exercise corporate trust powers; (cb) have a combined capital an aggregate capital, surplus and surplus undivided profits of at least $50,000,000 and be subject to supervision or examination by federal or State authorities; and (dc) have (or have a parent which has) a long-term unsecured debt rating of at least BBB- by, or such other rating as is acceptable to, Standard & Poor’s Ratings Services and at least Baa3 by, or such other rating as is acceptable to, Xxxxx’x Investors Service, Inc. by Moody’s. If such corporation shall publish reports of condition at least annually, pursuant to law Applicable Law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.13, the combined capital aggregate capital, surplus and surplus undivided profits of such corporation shall be deemed to be its combined capital aggregate capital, surplus and surplus undivided profits as set forth in its most recent report of condition so published. If at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.13, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.10. Notwithstanding any other term or provision of this Agreement, the Owner Trustee shall comply at all times with subsection (a)(4)(i) of Rule 3a-7 of the 1940 Act. At all times, at least one trustee of the Issuer shall satisfy the requirements of Section 3807(a) of the Statutory Trust Act.

Eligibility Requirements for Owner Trustee. The Owner Trustee shall at all times satisfy the requirement requirements of Section 26(a)(1) of the Investment Company Act. The Owner Trustee shall at all times: (a) be a corporation satisfying the provisions of Section 3807(a) of the Statutory Business Trust ActStatute; (b) be authorized to exercise corporate trust powers; (c) have a combined capital an aggregate capital, surplus and surplus undivided profits of at least $50,000,000 and be subject to supervision or examination by federal or State state authorities; and (d) have (or have a parent which has) a long-term unsecured debt rating of at least BBB- by, or such other rating as is acceptable to, Standard & Poor’s Ratings Services [ ] by S&P and at least Baa3 by, or such other rating as is acceptable to, Xxxxx’x Investors Service, Inc. by Moody's. If such corporation shall publish shxxx xxxlish reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.13, the combined capital aggregate capital, surplus and surplus undivided profits of such corporation shall be deemed to be its combined capital aggregate capital, surplus and surplus undivided profits as set forth in its most recent report of condition so published. If at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.13, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.10.

Eligibility Requirements for Owner Trustee. The Owner Trustee shall at all times satisfy the requirement of Section 26(a)(1) of the Investment Company Act. The Owner Trustee shall at all times: (a) be a corporation (i) satisfying the provisions of Section 3807(a) of the Statutory Business Trust ActStatute; (bii) be organized, existing and doing business under the laws of the United States of America or any State thereof or the District of Columbia; (iii) authorized to exercise corporate trust powers; (civ) have having a combined capital and surplus of at least $50,000,000 and be subject to supervision or examination by federal Federal or State authorities; and (dv) have having (or have having a parent which has) a long-term unsecured debt rating of at least BBB- by, Baa3 by Moody's or such other rating as is acceptable to, A-1 by Standard & Poor’s Ratings Services 's or being otherwise acceptable to the Rating Agencies; and at least Baa3 by, or such other rating as is (vi) acceptable to, Xxxxx’x Investors Service, Inc. to the Insurer in its sole discretion. If such corporation shall publish reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.13Section, the combined capital and surplus of such corporation shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If In case at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.13Section, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.1010.2.

Eligibility Requirements for Owner Trustee. The Owner Trustee shall at all times satisfy the requirement of Section 26(a)(1) of the Investment Company Act. The Owner Trustee shall at all times: (a) be a corporation satisfying the provisions of Section 3807(a) of the Statutory Business Trust ActStatute; (b) be authorized to exercise corporate trust powers; (c) have a combined capital and surplus of at least $50,000,000 and be subject to supervision or examination by federal or State state authorities; and (d) have (or have a parent which has) a long-term unsecured debt rating of at least BBB- by, or such other rating as is acceptable to, by Standard & Poor’s 's Ratings Services and at least Baa3 by, or such other rating as is acceptable to, Xxxxx’x by Moody's Investors Service, Inc. If such corporation shall publish reports publixx xxxxrts of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.13, the combined capital and surplus of such corporation shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.13, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.10.

Eligibility Requirements for Owner Trustee. The Owner Trustee shall at all times satisfy the requirement of Section 26(a)(1) of the Investment Company Act. The Owner Trustee shall at all times: (ai) be a corporation Person satisfying the provisions of Section 3807(a) of the Statutory Trust ActStatute; (bii) be authorized to exercise corporate trust powers; (ciii) have, or have a corporate parent that has, a combined capital and surplus of at least $50,000,000 and 50,000,000; (iv) be subject to supervision or examination by federal or State state authorities; and (dv) have (or have a parent which has) a long-term unsecured debt rating of at least Baa3 by Moody's, at least BBB- by, or such other rating as is acceptable to, by Standard & Poor’s Ratings Services and 's and, if rated by Fitch, at least Baa3 byBBB- by Fitch, or such other rating as is otherwise be acceptable to, Xxxxx’x Investors Service, Inc. to each Rating Agency. If such corporation Person shall publish reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.13Section, the combined capital and surplus of such corporation Person shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If In case at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.13Section, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.109.02.

Eligibility Requirements for Owner Trustee. The Owner Trustee shall at all times satisfy the requirement of Section 26(a)(1) of the Investment Company Act. The Owner Trustee shall at all times: (a) be a corporation satisfying the provisions of Section 3807(a) of the Statutory Business Trust ActStatute; (b) be authorized to exercise corporate trust powers; (c) have a combined capital and surplus of at least $50,000,000 and be subject to supervision or examination by federal or State state authorities; and (d) have (or have a parent which has) a long-term unsecured debt rating of at least BBB- by, or such other rating as is acceptable to, by Standard & Poor’s Ratings 's Rating Services and at least Baa3 by, or such other rating as is acceptable to, Xxxxx’x Investors by Moodx'x Xxxestors Service, Inc. If such corporation shall publish reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.13, the combined capital and surplus of such corporation shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.13, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.10.

Eligibility Requirements for Owner Trustee. The Owner Trustee shall at all times satisfy the requirement of Section 26(a)(1) of the Investment Company Act. The Owner Trustee shall at all times: (a) be a corporation satisfying the provisions of Section 3807(a) of the Statutory Business Trust ActStatute; (b) be authorized to exercise corporate trust powers; (c) have having a combined capital and surplus of at least $50,000,000 and be subject to supervision or examination by federal or State state authorities; and (d) have having (or have having a parent which that has) a long-term unsecured debt rating of at least BBB- by, or such other rating as is acceptable to, Baa3 by Moody's and A-1 by Standard & Poor’s Ratings Services and at least Baa3 by, or such other rating as is acceptable to, Xxxxx’x Investors Service, Inc. 's. If such corporation shall publish reports of condition at least annually, annually pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.13Section, the combined capital and surplus of such corporation shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If The Owner Trustee may not or may not have been, at any time within the past five years, an employee, officer, director, Affiliate or ten percent (10%) or more stockholder of the Depositor or any of its Affiliates. In case at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.13Section, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.1010.2.

Eligibility Requirements for Owner Trustee. The Owner Trustee shall at all times satisfy the requirement of Section 26(a)(1) of the Investment Company Act. The Owner Trustee shall at all times: (ai) be a corporation Person satisfying the provisions of Section 3807(a) of the Statutory Business Trust ActStatute; (bii) be authorized to exercise corporate trust powers; (ciii) have, or have a corporate parent that has, a combined capital and surplus of at least $50,000,000 and 50,000,000; (iv) be subject to supervision or examination by federal or State state authorities; and (dv) have (or have a parent which has) a long-term unsecured debt rating of at least Baa3 by Moody's, at least BBB- by, or such other rating as is acceptable to, by Standard & Poor’s Ratings Services and 's and, if rated by Fitch, at least Baa3 byBBB- by Fitch, or such other rating as is otherwise be acceptable to, Xxxxx’x Investors Service, Inc. to each Rating Agency. If such corporation Person shall publish reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.13Section, the combined capital and surplus of such corporation Person shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If In case at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.13Section, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.109.02.

Eligibility Requirements for Owner Trustee. The Owner Trustee shall at all times satisfy the requirement requirements of Section 26(a)(1) of the Investment Company Act. The Owner Trustee shall at all times: (a) be a corporation satisfying the provisions of Section 3807(a) of the Statutory Business Trust ActStatute; (b) be authorized to exercise corporate trust powers; (c) have a combined capital an aggregate capital, surplus and surplus undivided profits of at least $50,000,000 and be subject to supervision or examination by federal or State state authorities; and (d) have (or have a parent which has) a long-term unsecured debt rating of at least BBB- by, or such other rating as is acceptable to, by Standard & Poor’s Ratings Services 's and at least Baa3 by, or such other rating as is acceptable to, Xxxxx’x Investors Service, Inc. by Moody's. If such corporation shall publish reports of condition at least annuallyxxxxx xnnually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.13, the combined capital aggregate capital, surplus and surplus undivided profits of such corporation shall be deemed to be its combined capital aggregate capital, surplus and surplus undivided profits as set forth in its most recent report of condition so published. If at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.13, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.10.

Eligibility Requirements for Owner Trustee. The Owner Trustee shall at all times satisfy the requirement of Section 26(a)(1) of the Investment Company Act. The Owner Trustee shall at all times: (a) be a corporation or association (i) satisfying the provisions of Section 3807(a) of the Delaware Statutory Trust Act; (bii) be authorized to exercise corporate trust powers; (ciii) have having (or having a parent which has) a combined capital and surplus of at least $50,000,000 and be being subject to supervision or examination by federal or State state authorities; and (div) have having (or have having a parent which has) a long-rating in respect of its long term senior unsecured debt rating of at least BBB- by, or such other rating as is acceptable to, investment grade by each of Xxxxx’x and Standard & Poor’s Ratings Services and at least Baa3 by’s; (v) which is not an Affiliate of the Trust, the Transferor, or such other rating as is acceptable tothe Servicer, Xxxxx’x Investors Service, Inc. and (vi) does not offer or provide credit or credit enhancement to the Issuer or the Transferor. If such corporation Person shall publish reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purpose of this Section 6.1310.01, the combined capital and surplus of such corporation shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If In case at any time the Owner Trustee shall cease to be eligible in accordance with the provisions of this Section 6.1310.01, the Owner Trustee shall resign immediately in the manner and with the effect specified in Section 6.1010.02.