Common use of Segregation, etc. Where State Street Clause in Contracts

Segregation, etc. Where State Street. is the Buyer, the provisions of Paragraph 8 are hereby supplemented by adding the following further provisions therein after the last sentence thereof: “Except as provided above in this Paragraph 8, Buyer is hereby authorized to commingle any or all Purchased Securities and cash collateral with its general assets (in Counterparty’s case, as held by its custodian or otherwise), without any obligation to segregate the same. Buyer’s obligation to redeliver Purchased Securities to Seller pursuant to the terms hereof shall in all cases be satisfied by delivery of Securities which are in all respects equivalent to the Purchased Securities previously delivered to Buyer which are required to be delivered to Seller pursuant to the terms of the Agreement.”