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oney transferred or paid under this Agreement shall pass to the transferee upon transfer or payment, the obligation of the party receiving Purchased Securities or Margin Securities being an obligation to transfer Equivalent Securities or Equivalent Margin Securities. (g) Time shall be of the essence in this Agreement. (h) S
of Receivable Securities, bid quotations in respect of Securities of the relevant description from two or more market makers or regular dealers in the Appropriate Market in a commercially reasonable size (as determined by the non- Defaulting Party) and specifies — (aa) the price or prices quoted by each of them for,
oney transferred or paid under this Agreement shall pass to the transferee upon transfer or payment. the obligation of the party receiving Purchased Securities or Margin Securities being an obligation to transfer Equivalent Securities or Equivalent Margin Securities. Time shall be of the essence in this Agreement. Subject to
of Receivable Securities, bid quotations in respect of Securities of the relevant description from Iwo or more market makers or regular dealers in the Appropriate Market in a commercially reasonable SR (as determined by the non- Defaulting Party) and sgiecifies— (aa) the price or prices quoted by each of them for, in
oney transferred or paid under this Agreement shall pass to the transferee upon transfer or payment, the obligation of the party receiving Purchased Securities or Margin Securities being an obligation to transfer Equivalent Securities or Equivalent Margin Securities. (g) Time shall be of the essence in this Agreement. (h) S
of Receivable Securities, bid quotations in respect of Securities of the relevant description from two or more market makers or regular dealers in the Appropriate Market in a commercially reasonable size (as determined by the non- Defaulting Party) and specifies — (aa) the price or prices quoted by each of them for,
oney transferred or paid under this Agreement shall pass to the transferee upon transfer or payment, the obligation of the party receiving Purchased Securities or Margin Securities being an obligation to transfer Equivalent Securities or Equivalent Margin Securities. (g) Timc shall be of the essence in this Agreement. (h) S
of Receivable Securities, bid quotations in respect of Securities of the relevant description from two or more market makers or regular dealers in the Appropriate Market in a commercially reasonable size (as doterrnined by the non- Defaulting Party) and specifies - lair) the price or prices quoted by each of them for
ect as otherwise provided in this Annex or as otherwise agreed between the parties, where the Income paid or distributed by the issuer of Purchased Securities or Margin Securities is not in the form of money but is in the form of other property, the obligation of a party under paragraph 5 of the Agreement to pay to the other
iption, as determined by the non-Defaulting Party; the "Default Valuation Time" means, in relation to an Event of Default, the close of business in the Appropriate Market on the fifth dealing day after the day on which that Event of Default occurs or, where that Event of Default is the occurrence of an Act of Insolve
Entities connected to both Securities or Margin Securities and the Appropriate Market
the Default Market Value
ORGANIZATIONthe Republic of Italy
LOCATIONthe Market Value of Margin Securities
ORGANIZATIONthe Equivalent Margin Securities
ORGANIZATIONBond Annex
PERSONthe Buy/Sell Back Annex
ORGANIZATIONDomestic Purchased Securities to Buyer
ORGANIZATIONEuroclear or Clearstream
ORGANIZATIONTransaction Buyer
ORGANIZATIONthe Gilts Annex
ORGANIZATIONGlobal Finance
ORGANIZATIONFDICIA
ORGANIZATION
the Bank of England
ORGANIZATIONDeutsche Bank Securities Inc.
ORGANIZATION
Bloomberg L.P.
ORGANIZATIONthe Agency Annex
ORGANIZATIONLegal Department
ORGANIZATIONMorgan Guaranty Trust Company of New York
ORGANIZATION
FDIC
ORGANIZATIONthe DBV Transaction
ORGANIZATION