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Friday, September 05, 2014 12:30:24 PM
The CT's guarantee states before any payment made to equal or lesser..The CT's must be paid...Even before JPM common side of the Trust gets paid...We get paid
Subordinated Class 10B Claims against LBHI No Distribution (because such Distributions are automatically reallocated to Senior Unsecured Claims, Senior Intercompany Claims, Senior Affiliate Guarantee Claims, Senior Third-Party Guarantee Claims and Senior Third-Party LBT/LBSN Guarantee Claims in accordance with the underlying agreements).
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