Epstein Secrets

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

stic Purchased Securities (as defined below) or in Italian Bonds (as defined below) whether or not such Italian Bonds fall within the definition of Domestic Purchased Securities, the following provisions shall apply and, where in conflict with any other term of the Agreement or of the Buy/Sell Back Annex. they shall prevail

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

stic Purchased Securities (as defined below) or in Italian Bonds (as defined below) whether or not such Italian Bonds fall within the definition of Domestic Purchased Securities, the following provisions shall apply and. where in conflict with any other term of the Agreement or of the Buy/Sell Back Annex. they shall prevail

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

stic Purchased Securities (as defined below) or in Italian Bonds (as defined below) whether or not such Italian Bonds fall within the definition of Domestic Purchased Securities, the following provisions shall apply and. where in conflict with any other term of the Agreement or of the Buy/Sell Back Annex. they shall prevail

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

stic Purchased Securities (as defined below) or in Italian Bonds (as defined below) whether or not such Italian Bonds fall within the definition of Domestic Purchased Securities, the following provisions shall apply and. where in conflict with any other term of the Agreement or of the Buy/Sell Back Annex. they shall prevail