Lincoln Memorial
This ELNY GA Funding Liability Estimate is an estimate of GA coverage liability and GA funding that will be required in connection with the ELNY Agreement of Restructuring. Affected GAs will use this estimate for purposes of assessments and closing funding. However, final GA coverage liability and GA funding will be determined as of closing pursuant to the terms of the Agreement of Restructuring. If necessary, there will be a true-up with the GAs based on the final GA coverage liability and GA funding. The assumptions used in preparing this estimate are set forth in the footnotes. Also please note the attached estimate does NOT include additional expenses incurred by NOLHGA or the guaranty associations, as a result actual assessments may differ from the attached.