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The Originator may act as a
servicer in a securitisation transaction if the services are provided on an
arm?s length basis and at market terms as provided for in paragraph 6.5 of
the ABS Guidelines.
Remark: A Bond is a debt
investment in which an investor loans money to an entity (corporate or
governmental) that borrows the funds for a defined period of time at a fixed
interest rate. Bonds are used by companies, municipalities, states and U.S.
and foreign governments to finance a variety of projects and activities.
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