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Post# of 730134
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AZCowboy

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AZCowboy

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Sunday, 10/18/2015 6:04:22 PM

Sunday, October 18, 2015 6:04:22 PM

Post# of 730134
... OK' - This Shouldn't Be This Difficult to Understand ...

Piers ... Class 16's ... The Recipients of a Tranche 4 designated and capped creditor class distribution ... As designated LTI holders (Liquidating Trust Interest) ... Are restricted to only being able to receive a WMI Liquidating Trust ... monetized asset' ... Period' ...

... Monetized means the trust has to convert the asset to cash' ... prior to a distribution to an LTI recipient' ...

AZ
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