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or (8) t11b tOle cIIcrttion 8Ieå. ~ leu d..1Ung d or a potUon d 8Ud\ f\m:NMd s.c:urttin. to gfYt the defauft1ng party cndit for IUCh F\8rcñased Sec:urttiesln an amount equal tø the ptk:8 therefor on such date, obtained from a oenerany NCOgnfzed ICUrCI or h most r8CIni dosing bid quotatjcn hm 1UCh. a 1OUrt8, agaJna11h1 Aggr8gltt ~ Repurc:t\&M Pras and atrt oChIr amcu-4a 0Wi'Ig tr¡ 1M dlfauftJng party hereunder; and (i) u tø 1tansactlona In which the d8faufUng P8r1y II 8dfng .. Buyer. (A) pmNa NCur1ties ("'Repracement Securities, of the lame cfass and amoum u any Purc:t\ased Securttits that art not clew,red by"" defautün; party to the nondeflutting party u r8qulred hereunder Of (8lln blCCe discrltion lJect. In leu of purchasing RlptaC8ment Se<::urtties. to be dHmed 10 haw purct\a.aed Aepracement Sec:uriti.. a. the priC8 ther.for on Iuch date, cbUlned tom . general!y rec:cgnlz8d eoufC8 or th8 most rtC8m dosing. bid quotation from IUCh . 8OUf'C8. (I) Aa to '1ransactions In which the defautting party II acting as Buyer. '" defauftSng party 8hd be IabI8 to the nondefautting party (i) wfth respect to F\8rcñased Securtties (ether 1haft Adc:rtCionar PurcN.std Securffies). for anYlxcess of the price paid (or deemed paId) by the nonderaufting p811y for Replacement s.curtties 1herefor OVlr .... Repurctl&s. Price for aud\ Purchased SeanftiIS and (Ii) wtth rtsped to Additional Purc:hased Securtties. b .... pic8 pa3d (Of CSt.med paId) ~ 1M nondefaulUng party tor '" Replacement Sec:urftjes !herlfor. In addition. the defaulting part)' shan be IIbrt to I\e ~fautting patty b ~er.st on 1Ucf\ rwmalnlng IIbml)' wf1h rwspect to .ad\ IUd\ purctw. (or deemed purchase) of Aepracement s.curities from 1M date of aucf\ purd\&s, (or deemed purchase) untn paId In M by Buy.t 8ucf\ Interest sIWI be at a ratt tqùaJ 10 the grta.,r of ChI Pricing R&tt rOt such 'Iansadion or f)e Prime Rme. (I) For purpose. 0I1\la Paragraph ". '" Aepun:f\ase Prlc8 fer nd\ 1tansadScn hlreunder In rtspect of which ~ defaulting party II acting as Buylr Ih&JI not Increase Ibow the amcuns of 8Ud\ Repurc:N.st Priot f« 1uc:h.1iansaction determined as of the date 0( the IxirdM Of ~med IxerdM b)t the nondefaulting part)' of Is option under lubpar.graph (a) of Ihls p&rIgr8ph. (¡) The defaulting party 1ha/1 be liabfl 10 the nondtfaulting Plitt for h amounI of air rtascnable legal Of other txpenHS Incurred by the nordefaulting part)' In connedion wfth or as a cons.tqUtnc8 of an e....nt of eef.utl, together wfth Inttrest IhertOn 81 a rate equal 10 h greater of the Pricing P..att ø h rertvant 1fansa~on Of the Primt Rasa. (1'1) The nondefaulting party wI hi..... In acfdJtion to II rtgtU htrt~ 8trf rfghta cChefWIM avanabll rc . under any other agreement Of çplic&bl8 law. 12. S'ngtt A;I'Mment Buyer and Sener acknowledge that. and have enterld hertlnto and wm enter Into tach 'Iansaction hereunder In consideration of and in reliance upon the fact that. an Transadions hlrlundtr c:onsUtutt a lingle business and =n1raåual reta5onship and ha.... been made In CCJNidera5on cinch cthet~. .ach of Buyer and SIner agrees 0) 10 perform aD 01 Is obfigations In respect of t.c:tI 'Iansaction twartunder. and that a ~fault In the performance clany such obfigaUons shaD constitute a default by . t'\ resped of an Transactions hlr'under, (ii) ht tach of them ahan be tnUtftd to lit off claims and IþPy propert)' herd by them In rasped of any Transaction agaInst obligations owfng to bm In respect of any other 1iansacUons hereunder and (i11) that paym.nts. dtTlVeries and other tansfers mad. by ,!ther of them In respect of any'nansaction shaD be deemed to NV' been mad. In consldtratiQn of payments. deliveries and other Transactåon$ hereunder, and the obligations to mak. any 8uch paymtn1l, deliveries and crther transfers moty be çplitd tgalnst ead\ other and netted. 13. Notices and Ot~r CommunlC8tlona Unless another address .. apedfied In writing by 1M rtspedlvt party to whom any notict or other ~tion Is to be g;yen herer..rnder. an such not;œs Ct COtMU'\icatsons IhaJt be.k1 writ;ng or c:crdItm8d In writing and delivered at the respective addresses Nt fot1h In Annex It attached hereto. ,.c. Entire AgrHment; $everablllty This Agreement shan supersede any existing agreements between &he patres containing general terms and conditions for repurchase transac1ions. Each provision and agreemenl hertrn shaß be truted as separate and Independent from any other provision or .gr"ment hereln.~ ¡haD be enforceable notwithstanding the unenforceability of any IUd\ other provision Of agreemtfL 15. Non.asslgnablllty; TermlnaUon The rights and obligafions of the parties under this Agreement Ind under any "Itansaction shan not be assigned by either party without the prior written consent of the other par1y. SubJect to the foregoing. this Agreement and any Transae1ions shan be binding upon and shan Inurt to the benefl1 of thl pat1ies and their respective successors and assigns. ThIs Agreement may be canèened Þy tither party upon Giving written noIie. to the other, except that thIs AQrHment shaD, notwithstanding such notice. r,rnaJn appI"abre to any 'Tíansactions then outstanding. 23