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zomniac

01/01/10 12:46 PM

#274457 RE: puppydotcom #274435

I believe that's boilerplate.
Simply means the fund holdings, in total, can be used as collateral, for any exercise of margin.

Quote:Although the above securities were acquired with working capital, the funds may have also used margin account borrowings made in the ordinary course of business, although neither fund can determine whether any funds allocated to purchase the shares of Common Stock were obtained from any margin account borrowings.