The company's purpose is: a) To acquire, hold, manage and finance mortgage loan claims (including bonds and other securities pledged to secure mortgage loan claims, as well as ancillary claims and other related claims) in the context of securitization and similar refinancing transactions, and to finance the acquisition, holding and management by issuing bonds or taking out loans and entering into derivative transactions to hedge currency risks, to pledge securities over the acquired mortgage loan claims for the purpose of securing the claims of investors in bonds or creditors, and to mandate service providers to administratively manage and realize mortgages and other assets, as well as to provide other useful services in connection with securitization or similar refinancing transactions. The company may bridge liquidity fluctuations, in particular in connection with the hedging of currency risks, by investing excess liquidity in fixed-term deposits and taking up funds through credit financing, as well as outsourcing liquidity management and currency risk hedging management to external service providers. b) To fulfill obligations under contracts entered into or to be entered into in connection with transactions under (a) and to conclude such contracts (the transaction documents). c) The company may not engage in any commercial, financial or other activities that do not directly or indirectly serve the company's purpose. The company may not sell or transfer the mortgage loan claims (or bonds and other securities pledged to secure mortgage loan claims, as well as ancillary claims and other related claims) transferred to it, unless provided for in the transaction documents. It is also prohibited from acquiring or holding real estate, unless the company acquires it through the realization of acquired pledges. It may not participate in any companies. It may not provide securities to third parties, nor guarantees, sureties and the like in favor of third parties, unless provided for in the transaction documents. d) The company is not required to pursue a profit-oriented purpose.
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