Company: ECC-PD
Filing Date: 2025-10-16
Form Type: PRE 14A
Source: 0001104659-25-100083
Chunk: 143

Company: Eagle Point Credit Co Inc.
Filing Date: 2025-10-16
Form: PRE 14A
Chunk 143
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 as to value from dealers and general market conditions. The pricing service may employ electronic data processing techniques or a matrix system, or both, to determine recommended valuations. 2.7. All Deposit Securities paid to the Redemption and Paying Agent for the payment of dividends payable on the Series D Preferred Shares shall be held in trust for the payment of such dividends by the Redemption and Paying Agent for the benefit of the Holders entitled to the payment of such dividends pursuant to Section 2.2. Any moneys paid to the Redemption and Paying Agent in accordance with the foregoing but not applied by the Redemption and Paying Agent to the payment of dividends, including interest earned on such moneys while so held, will, to the extent permitted by law, be repaid to the Fund as soon as possible after the date on which such moneys were to have been so applied, upon request of the Fund. 2.8. Dividend Default. (a) The Dividend Rate on the Series D Preferred Shares shall be adjusted, for any calendar day, to the Fixed Dividend Rate plus two percent (2%) per annum (the “ Default Rate”) in the following circumstances. Subject to the cure provisions below, a “ Default Period” with respect to the Series D Preferred Shares shall commence on any date the Fund fails to deposit with the Redemption and Paying Agent by 12:00 noon, New York City time, on (A) a Dividend Payment Date, Deposit Securities that will provide funds available to the Redemption and Paying Agent on such Dividend Payment Date sufficient to pay the full amount of any dividend payable on such Dividend Payment Date (a “ Dividend Default”) or (B) an applicable Redemption Date, Deposit Securities that will provide funds available to the Redemption and Paying Agent on such Redemption Date sufficient to pay the full amount of the Liquidation Preference for the Series D Preferred Shares, plus an amount equal to all unpaid dividends and distributions on such shares accumulated to (but excluding) the date fixed for such distribution or payment on such shares (whether or not earned or declared by the Fund, but excluding interest thereon) (such amount, the “ Redemption Price”), payable in respect of such series on such Redemption Date (a “ Redemption Default” and together with a Dividend Default, hereinafter referred to as “ Default”). Subject to the cure provisions of Section 2.8(b)below, a Default Period with respect to a Default on the Series D Preferred Shares shall end on the