Optional Repurchase or Substitution of Collateral Obligations. (a) If the Issuer, Collateral Manager or CLO Servicer determines in its reasonable business judgment that:
Optional Repurchase or Substitution of Collateral Obligations
Offers to Repurchase by Application of Excess Proceeds (a) In the event that, pursuant to Section 4.10 hereof, the Issuer shall be required to commence an Asset Sale Offer, it shall follow the procedures specified below.