Clean up call option
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....ion: Provided that the purchase on invocation of clean-up calls is conducted at an arms-length, on market terms and conditions (including price or fee) and is subject to the originator's normal credit approval and review processes. (2) The originator can exercise the clean-up call at a threshold of not more than ten per cent. of the original value of the underlying assets or securitised....
TaxTMI