Example ContractsClausesimmaterial subsidiary;Variants
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Immaterial Subsidiary, or held by any Structured Subsidiary or Immaterial Subsidiary, or which secure obligations of any Structured Subsidiary or Immaterial Subsidiary, shall not be treated as Portfolio Investments.

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Immaterial

sold, purported to be contributed or sold, or otherwise transferred to any Structured Subsidiary, or held by any Structured Subsidiary or Immaterial Subsidiary, or which secure obligations of any Structured Subsidiary or Immaterial Subsidiary, shall not be treated as Portfolio Investments.

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