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Thursday, September 23, 2021 8:27:01 PM
In the guarantee, Lehman Brothers Holdings will covenant that, so long as any trust securities remain outstanding, if:
•
there shall have occurred any event of default under the indenture,
•
Lehman Brothers Holdings shall be in default with respect to its payment of any obligations under the guarantee, or
•
Lehman Brothers Holdings shall have given notice of its election to defer interest payments and shall not have rescinded such notice, and while such interest is deferred,
then Lehman Brothers Holdings will not, and will not permit any subsidiary to:
•
declare or pay any dividends or distributions on, or redeem, purchase, acquire or make a liquidation payment with respect to, any of Lehman Brothers Holdings' capital stock, or"
https://www.sec.gov/Archives/edgar/data/806085/000104746905000357/a2149684z424b2.htm
Stop the extra cash flow:
1. Neuberger Berman in 2012, 2013 and 2014
2. LBIE
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