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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
a Default Notice on the Defaulting Party; or (vi) an Act of Insolvency occurs with respect to Seller or Buyer and (except in the case of an Act of Insolvency which is the presentation of a petition for winding-up or any analogous proceeding or the appointment of a liquidator or analogous officer of the De
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
erves a Default Notice on the Defaulting Pany; or an Act of Insolvency occurs with respect to Seller or Buyer and (except in the case of an Act of Insolvency which is the presentation of a petition for winding-up or any analogous proceeding or the appointment of a liquidator or analogous officer of the De
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
Default Notice on the Defaulting Party: or (vi) an Act of Insolvency occurs with respect to Seller or Buyer and (except in the case of an Act of Insolvency which is the presentation of a petition for winding-up or any analogous proceeding or the appointment of a liquidator or analogous officer of the De
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
rves a Default Notice on the Defaulting Party: or an Act of Insolvency occurs with respect to Seller or Buyer and (except in the case of an Act of Insolvency which is the presentation of a petition for winding-up or any analogous proceeding or the appointment of a liquidator or analogous officer of the De
Entities connected to both the Equivalent Securities and New Purchased Securities and Insolvency

United States
LOCATIONthe Equivalent Margin Securities
ORGANIZATION
Jeffrey Epstein
PERSONthe Purchased Securities under that Transaction
ORGANIZATIONNon-Reliance
ORGANIZATIONDeutsche Bank AG London
ORGANIZATIONthe Republic of Italy
LOCATIONAccrued Interest
ORGANIZATION
Prince Andrew
PERSON
Frankfurt
LOCATION
Zurich
LOCATIONthe Securities and Exchange Commission
ORGANIZATION
the Bank of England
ORGANIZATIONSecurities or Margin Securities
ORGANIZATIONthe Default Market Value
ORGANIZATIONDeliverable Securities or
ORGANIZATIONthe Appropriate Market
ORGANIZATIONSecurities and Equivalent Securities
ORGANIZATIONthe Agency Annex
ORGANIZATIONthe Gilts Annex
ORGANIZATION