Epstein File EFTA01365546: Holder (DS10)

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⚡IMPACT LEVEL 3 — NOTEWORTHY

Epstein File EFTA01365546: Holder (DS10)

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This document explains the rights and risks associated with holding a Participation interest in a loan, noting that holders may have voting rights but are subject to credit risk from both the selling institution and the borrower, with additional risks compared to holders of direct loan interests.

👤 Named in This Document

Eric Holder

🔑 Evidence Keywords

📋 Key Excerpts3

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Excerpt 1

In addition, many participation agreements that provide voting rights to the **holder** of the Participation further provide that if the **holder** does not vote

Excerpt 2

A **holder** of a Participation is subject to additional risks not applicable to a **holder** of a direct interest in a loan.

Excerpt 3

Consequently, the **holder** of a Participation will be subject to the credit risk of the selling institution as well as of the borrower.