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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,
curities in respect thereof and shall reimburse to Buyer the amount of any liability incurred by it as a result of Seller's failure to do so. (b) Where Margin Securities which are equities are transferred by one party to the other, the transferor (the first party) shall promptly pay and account for any transfer or si
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
curities in respect thereof and shall reimburse to Buyer the amount of any liability incurred by it as a result of Seller's failure to do so. (b) Where Margin Securities which are equities are transferred by one party to the other, the transferor (the first party) shall promptly pay and account for any transfer or si
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
curities in respect thereof and shall reimburse to Buyer the amount of any liability incurred by it as a result of Seller's failure to do so. (b) Where Margin Securities which are equities are transferred by one party to the other, the transferor (the first party) shall promptly pay and account for any transfer or s
Entities connected to both the Appropriate Market and Where Margin Securities
Securities or Margin Securities
ORGANIZATIONthe Default Market Value
ORGANIZATIONLegal Department
ORGANIZATIONthe Agency Annex
ORGANIZATIONthe Gilts Annex
ORGANIZATIONMorgan Guaranty Trust Company of New York
ORGANIZATIONGlobal Finance
ORGANIZATION
FDIC
ORGANIZATIONthe DBV Transaction
ORGANIZATION
Barclays
ORGANIZATIONDeutsche Bank AG London
ORGANIZATIONthe Courts of England
ORGANIZATIONAnnex I.
PERSON
United States
LOCATIONNon-Reliance
ORGANIZATIONFDICIA
ORGANIZATIONACKNOWLEDEMENTS
ORGANIZATION
Frankfurt
LOCATIONDeutsche Bank Securities Inc.
ORGANIZATIONthe Market Value of Equivalent Securities
ORGANIZATION