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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,
urities which it should have delivered (the "Delivered Securities" and the part of the Equivalent Securities which Buyer has failed to deliver being the "Undelivered Securities") Seller shall not be obliged to accept delivery of the Delivered Securities but instead may elect to terminate that Transaction in accordance with
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,
urities which it should have delivered (the "Delivered Securities" and the part of the Equivalent Securities which Buyer has failed to deliver being the "Undelivered Securities") Seller shall not be obliged to accept delivery of the Delivered Securities but instead may elect to terminate that Transaction in accordance with
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
rities which it should have delivered (the "Delivered Securities" and the part of the Equivalent Securities which Buyer has failed to deliver being the "Undelivered Securities") Seller shall not be obliged to accept delivery of the Delivered Securities but instead may elect to terminate that Transaction in accordance with
Entities connected to both the Appropriate Market and the "Undelivered Securities
Transaction Buyer
ORGANIZATIONthe Default Market Value
ORGANIZATIONDeutsche Bank Securities Inc.
ORGANIZATIONCREST an Event of Default
ORGANIZATION
Bloomberg L.P.
ORGANIZATIONLegal Department
ORGANIZATIONthe Agency Annex
ORGANIZATIONthe Gilts Annex
ORGANIZATIONMorgan Guaranty Trust Company of New York
ORGANIZATIONGlobal Finance
ORGANIZATION
FDIC
ORGANIZATIONthe Market Value of Equivalent Securities
ORGANIZATIONBond Annex
PERSON
Barclays
ORGANIZATIONDeutsche Bank AG London
ORGANIZATIONthe Courts of England
ORGANIZATION
United States
LOCATION
Frankfurt
LOCATIONFDICIA
ORGANIZATIONACKNOWLEDEMENTS
ORGANIZATION