Special Redemption Payments in accordance with the Principal Priority of Payments will be made (which may cause the Senior Notes to be redeemed) it at any time during the Reinvestment Period, the Collateral Manager at its discretion notifies the Trustee that it has been unable, for a period of 20 consecutive Business Days, to identify additional Collateral Obligations that are deemed appropriate by the Collateral Manager in its discretion for purchase by the Issuer and which would meet the Investment Criteria in sufficient amounts to permit the investment or reinvestment of all or a portion of the Principal Proceeds then in the Collection Account that are otherwise to be invested in additional Collateral Obligations (a "Special Redemption"). On the first Payment Date following the Collection Period in which such notice is given (a "Special Redemption Date"). the Principal Proceeds which cannot be reinvested in additional Collateral Obligations (the "Special Redemption Amount") will be transferred to the Payment Account for distribution pursuant to the Principal Priority of Payments. Cancellation All Notes that are redeemed or paid in full and surrendered for cancellation as described herein will forthwith be canceled and may not be reissued or resold. Form, Denomination and Registration of the Notes General Each Class of Notes. whether issued in certificated or global form, will be issued and transferable in minimum denominations of U.S. 5500.000 and integral multiples of U.S. $1,000 in excess thereof, except in the case of certain Income Notes held by Knowledgeable Employees as permitted by the Indenture. Rule 144A Global Notes The Senior Notes initially sold in the United States or to U.S. Persons (as defined in Regulation S under the Securities Act) pursuant to Rule 144A under the Securities Act will be represented by one or more permanent global notes per Class in defmitive, fully registered form without interest coupons (the "Rule I44A Glo