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ivalent Securities or Equivalent Margin Securities to be delivered by the Defaulting Party; (iv) -Net Value" means at any time, in relation to any Deliverable Securities or Receivable Securities, the amount which. in the reasonable opinion of thc non-Defaulting Party, represents their fair market value, having regard t
ment of any Cash Margin shall be effected only in accordance with the provisions of subparagraph (c) below). (c) (i) The Default Market Values of the Equivalent Securities and any Equivalent Margin Securities to be transferred, the amount of any Cash Margin (including the amount of interest accrued) to be transferred
ivalent Securities or Equivalent Margin Securities to be delivered by the Defaulting Party; (iv) -Net Value" means at any time, in relation to any Deliverable Securities or Receivable Securities, the amount which. in the reasonable opinion of thc non-Defaulting Party, represents their fair market value, having regard t
ment of any Cash Margin shall be effected only in accordance with the provisions of subparagraph (c) below). (c) (i) The Default Market Values of the Equivalent Securities and any Equivalent Margin Securities to be transferred, the amount of any Cash Margin (including the amount of interest accrued) to be transferred
ivalent Securities or Equivalent Margin Securities to be delivered by the Defaulting Party: (iv) "Net Value" means at any time, in relation to any Deliverable Securities or Receivable Securities, the amount which, in the reasonable opinion of the non-Defaulting Party. represents their fair market value, having regard t
ment of any Cash Margin shall be effected only in accordance with the provisions of subparagraph (c) below). (c) (i) The Default Market Values of the Equivalent Securities and any Equivalent Margin Securities to be transferred, the amount of any Cash Margin (including the amount of interest accrued) to be transferred
ivalent Securities or Equivalent Margin Securities to be delivered by the Defaulting Party; (iv) "Net Value" means at any time, in relation to any Deliverable Securities or Receivable Securities, the amount which, in the reasonable opinion of the non-Defaulting Party, represents their fair market value, having regard t
ment of any Cash Margin shall be effected only in accordance with the provisions of subparagraph (c) below). (c) (i) The Default Market Values of the Equivalent Securities and any Equivalent Margin Securities to be transferred, the amount of any Cash Margin (including the amount of interest accrued) to be transferred
Entities connected to both Deliverable Securities or and the Equivalent Securities