the Market Value of the Purchased Securities
ORGANIZATIONthe Equivalent Securities and New Purchased Securities
ORGANIZATION4
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50 on that service) as of 11:00 a.m., London time, on the date on which it is to be determined: (z) "Margin Ratio", with respect to a Transaction, the Market Value of the Purchased Securities at the time when the Transaction was entered into divided by the Purchase Price (and so that, where a T Miff IS 00038240 CONFIDENTIAL CONFIDENTIA
ansferred to Seller). (b) Any variation under subparagraph (a) above shall be effected, subject to paragraph 6(d). by the simultaneous transfer of the Equivalent Securities and New Purchased Securities concerned. (c) A Transaction which is varied under subparagraph (a) above shall thereafter continue in effect as though the Purchased Securities u
50 on that service) as of 11:00 a.m., London time. on the date on which it is to be determined: (7) "Margin Ratio", with respect to a Transaction. the Market Value of the Purchased Securities at the time when the Transaction was entered into divided by the Purchase Price (and so that. where a Transaction 3 Confidential CONFIDENTIAL SD
es transferred to Seller). Any variation under subparagraph (a) above shall be effected. subject to paragraph 6(d), by the simultaneous transfer of the Equivalent Securities and New Purchased Securities concerned. (c) A Transaction which is varied under subparagraph (a) above shall thereafter continue in effect as though the Purchased Securities u
50 on that service) as of 11:00 a.m., London time, on the date on which it is to be determined; (z) "Margin Ratio", with respect to a Transaction, the Market Value of the Purchased Securities at the time when the Transaction was entered into divided by the Purchase Price (and so that, where a Transaction CONFIDENTIAL — PURSUANT TO FED. R
ansferred to Seller). (b) Any variation under subparagraph (a) above shall be effected, subject to paragraph 6(d). by the simultaneous transfer of the Equivalent Securities and New Purchased Securities concerned. (c) A Transaction which is varied under subparagraph (a) above shall thereafter continue in effect as though the Purchased Securities u
ge 3750 on that service) as of 11:00 London time, on the date on which it is to be determined: (7) "Margin Ratio". with respect to a Transaction. the Market Value of the Purchased Securities at the time when the Transaction was entered into divided by the Purchase Price (and so that, where a Transaction 3 Confidential CONFIDENTIAL — P
ansferred to Seller). (b) Any variation under subparagraph (a) above shall be effected, subject to paragraph 6(d). by the simultaneous transfer of the Equivalent Securities and New Purchased Securities concerned. (c) A Transaction which is varied under subparagraph (a) above shall thereafter continue in effect as though the Purchased Securities u
Entities connected to both the Market Value of the Purchased Securities and the Equivalent Securities and New Purchased Securities
the Equivalent Margin Securities
ORGANIZATIONthe Bridge Telerate Service
ORGANIZATIONthe Purchased Securities under that Transaction
ORGANIZATIONMorgan Guaranty Trust Company of New York
ORGANIZATIONLondon Inter Bank Offered Rate
ORGANIZATIONthe Securities and Exchange Commission
ORGANIZATION
the Bank of England
ORGANIZATIONthe Republic of Italy
LOCATIONthe Income and Corporation Taxes Act
ORGANIZATION
Prince Andrew
PERSON
United States
LOCATION
Frankfurt
LOCATION
Zurich
LOCATIONthe Appropriate Market
ORGANIZATIONSecurities and Equivalent Securities
ORGANIZATIONthe Agency Annex
ORGANIZATIONthe Gilts Annex
ORGANIZATIONthe U.S. Federal Funds
ORGANIZATIONGlobal Finance
ORGANIZATIONMoney Markets Repo
ORGANIZATION