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What does “all or substantially all” mean in the context of determining whether the credit exposures underlying an ABS meet the U.S.-domiciled obligors criteria?

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What does “all or substantially all” mean in the context of determining whether the credit exposures underlying an ABS meet the U.S.-domiciled obligors criteria?

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“All or substantially all” in this context means 95 percent or more of the dollar amount of the credit exposures underlying the ABS.

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