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<br />CHANGE OF LAW OR REGULATION <br />If, subsequent to the issuance date of a letter of credit or guarantee, we determine that the <br />introduction of or any change in the interpretation of any law, rule, regulation or guideline <br />or the request of a central bank or other governmental authority will increase our costs <br />relative to our providing the Electronic Trade Letters of Credit SeIVice, as set forth below, <br />then, on demand, you will pay us additional amounts sufficient (as determined by <br />us) to compensate us for such increased cost. Such increased costs could include: (i) <br />reserve, deposit, assessment or similar requirements or (ii) increases in capital <br />adequacy requirements. <br /> <br />DEPOSIT ON TERMINATION EVENT <br />If there occurs an event which permits us, under the Termination section of this Booklet, to <br />terminate this Service immediately, you will deposit with us, on demand and as cash secUlity <br />for your obligations to us, an amount equal to the aggregate undrawn amount of the letters <br />of credit and guarantees issued by us in the same currency as the letter of credit or <br />guarantee, or, at our option, its equivalent in U.S. Dollars or the currency of the countJ.y in <br />which the letter of credit or guarantee was issued. You will not withdraw any amount so <br />deposited except to the extent such amount exceeds the undrawn and unreimbursed amount <br />of the letter(s) of credit and guarantees. If the amount deposited by you under this Booklet <br />for a letter of credit is in a currency different than the currency in which the letter of <br />credit or guarantee is payable and the amount so deposited becomes less than the <br />value of the undrawn amount of the letter of credit or guarantee because of any variation <br />in rates of exchange, you will deposit with us additional amounts in such other currency <br />so that the total amount deposited by you under this Booklet is not less than the <br />equivalent value of the undrawn amount of the letter of credit or guarantee, determined <br />by using the rate of exchange quoted by us on the date of our latest demand. <br /> <br />SUPPLEMENTAL LIMITATION OF LIABILITIES AND INDEMNIFICATION FOR ALL <br />ELECTRONIC TRADE SERVICES <br /> <br />For each Electronic Trade Service, this section supplements the Limitation of Liability section <br />of this Booklet. <br /> <br />You have sole responsibility for determining the level of security you require and <br />assessing the suitability of the security procedures for these SelVices. We have no duty to <br />investigate the authenticity of any application, instruction or other communication you <br />provide us using an Electronic Trade Service. Also, we will have no liability to you for acting <br />upon any application, amendment or other communication purportedly <br />transmitted by you, even if such application, amendment or message: <br /> <br />. Contains inaccurate or erroneous information. <br /> <br />· Constitutes unauthorized or fraudulent use of an Electronic Trade Service. <br /> <br />· Includes instl1lctions to pay money or otherwise debit or credit any account. <br /> <br />· Relates to the disposition of any money, securities or documents. <br /> <br />· Purports to bind you to any agreement or other arrangement with us or with <br />other persons or to commit you to any other type of transaction or <br />arrangement. <br /> <br />AD-AG-0455B (2004-2) 50 <br />