2002年版ISDA主協(xié)議中英文對照

20022002年版ISDA主協(xié)議中英文對照ISDA?InternationalSwapsandDerivativesAssociation,Inc.2002MASTERAGREEMENT

datedasof

ISDA)*閾除掉期及衍生工具癌曾 and haveenteredand/oranticipateenteringintooneormoretransactions(eacha“Transactionthat”)areorwillbegovernedbythis2002MasterAgreement,whichincludestheschedule(the“Schedule”),andthedocumentsandotherconfirmingevidence(eacha“Confirmationexchanged”)betweenthepartiesorotherwiseeffectiveforthepurposeofconfirmingorevidencingthoseTransactions.This2002MasterAgreementandtheSchedulearetogetherreferredtoasthis“MasterAgreement”.

之^已迤行及/或頸期迤行受本 2002年主^^^輪(或符卷其規(guī)輪)之一肇或多肇交易 (均耦卷“交易”)本主^^包含附區(qū)勺(以下曾耦“附余勺”)以及曼方^另交換或卷碓熬或瞪明^等交易使其奏效之文件和其余碓熬瞪撼 (均耦卷“碓熬耆”)。本2002年主憤^及其附余勺統(tǒng)耦卷 “主憤W”。Accordingly,thepartiesagreeasfollows:

撼此，曼方贊同以下:InterpretationDefinitions.ThetermsdefinedinSection14andelsewhereinthisMasterAgreementwillhavethemeaningsthereinspecifiedforthepurposeofthisMasterAgreement.Inconsistency.IntheeventofanyinconsistencybetweentheprovisionsoftheScheduleandtheotherprovisionsofthisMasterAgreement,theSchedulewillprevail.IntheeventofanyinconsistencybetweentheprovisionsofanyConfirmationandthisMasterAgreement,suchConfirmationwillprevailforthepurposeoftherelevantTransaction.SingleAgreement.AllTransactionsareenteredintoinrelianceonthefactthatthisMasterAgreementandallConfirmationsformasingleagreementbetweentheparties(collectivelyreferredtoasthis “AgreementwouldnototherwiseenterintoanyTransactions.

1.釋羲(a)定羲。就本主^^而言，本主^^第14脩以及其余部分所定羲之吉司隆符擁有其所特定之含羲。(b)不一致。若附余勺之脩款輿本主^^之其余脩款有不一致之虞，以附條勺卷型。若任何碓熬耆輿本主^^之脩款有不一致之慮，就有^交易而言，以碓熬耆卷型。(c)罩一憤^。所有交易之迤行乃基於信賴本主^^以及所有碓熬善情成曼方之^之罩一^^ (統(tǒng)耦“BW”)，否即曼方不曾迤行任何交易。),andthepartiesObligations(a)GeneralConditions.EachpartywillmakeeachpaymentordeliveryspecifiedineachConfirmationtobemadebyit,subjecttotheotherprovisionsofthisAgreement.PaymentsunderthisAgreementwillbemadeon

c軍卒攵我汾(a)一般彳條件。(i)受本^^之其余脩款余勺束，曼方愿按各碓熬害之規(guī)定卷各^付款或交托。(ii)本^^項下之付款鷹於到期日在有昌麻雀熬害所*_..~. 一. .cC _ . ThisChinesetranslationisforreferenceonly.PartiesshouldalwaysexecutetheEnglishoriginalinconductingtransactions.Althougheveryefforthasbeenmadetoensuretheaccuracyofthistranslation,duetodifferencesingrammarandlegalterminologies,thepossibilitythattermsorwordsusedintheChinesetranslationmayhavedifferentmeaningsorconnotationsfromtheEnglishoriginalcannotberuledout.Therefore,thisChinesetranslationshouldnotberelieduponbyanypersoninmakinganydecisionortakinganyaction.IfthereexistsanydifferencebetweenthisChineseversionandtheEnglishversion,theEnglishversionshouldgovern.本翻群稿僮用於參考。曼方在交易中)?筵署本主^^之英文本。雎然群者已^力使^中文群本正碓反應英文原文，但由於中英文用同、^法結橫及法律秫背吾之不一樣，中文群文不行防止典英文本存有一些差昇，所以交易者不)?僮依賴於本群本而作出任何決定或探取任何行勤，中英文本不一致之虞，愿以英文本篇舉。theduedateforvalueonthatdateintheplaceoftheaccountspecifiedintherelevantConfirmationorotherwisepursuanttothisAgreement,infreelytransferablefundsandinthemannercustomaryforpaymentsintherequiredcurrency.Wheresettlementisbydelivery(thatis,otherthanbypayment),suchdeliverywillbemadeforreceiptontheduedateinthemannercustomaryfortherelevantobligationunlessotherwisespecifiedintherelevantConfirmationorelsewhereinthisAgreement.EachobligationofeachpartyunderSection2(a)(i)issubjectto(1)theconditionprecedentthatnoEventofDefaultorPotentialEventofDefaultwithrespecttotheotherpartyhasoccurredandiscontinuing,(2)theconditionprecedentthatnoEarlyTerminationDateinrespectoftherelevantTransactionhasoccurredorbeeneffectivelydesignatedand(3)eachotherconditionspecifiedinthisAgreementtobeaconditionprecedentforthepurposeofthisSection2(a)(iii).ChangeofAccount.EitherpartymaychangeitsaccountforreceivingapaymentordeliverybygivingnoticetotheotherpartyatleastfiveLocalBusinessDayspriortotheScheduledSettlementDateforthepaymentordeliverytowhichsuchchangeappliesunlesssuchotherpartygivestimelynoticeofareasonableobjectiontosuchchange.NettingofPayments.Ifonanydateamountswouldotherwisebepayable: ―inthesamecurrency;andinrespectofthesameTransaction,byeachpartytotheother,then,onsuchdate,eachpartyobligationtomakepaymentofanysuchamountwillbeautomaticallysatisfiedanddischargedand,iftheaggregateamountthatwouldotherwisehavebeenpayablebyonepartyexceedstheaggregateamountthatwouldotherwisehavebeenpayablebytheotherparty,replacedbyanobligationuponthepartybywhichthelargeraggregateamountwouldhavebeenpayabletopaytotheotherpartytheexcessofthelargeraggregateamountoverthesmalleraggregateamount.ThepartiesmayelectinrespectoftwoormoreTransactionsthatanetamountandpaymentobligationwillbedeterminedinrespectofallamountspayableonthesamedateinthesamecurrencyinrespectofthoseTransactions,regardlessofwhethersuchamountsarepayableinrespectofthesameTransaction.TheelectionmaybemadeintheScheduleoranyConfirmationbyspecifyingthat“MultipleTransactionPaymentNetting”appliestotheTransactionsidentifiedasbeingsubjecttotheelection(inwhichcaseclause(ii)abovewillnotapplytosuchTransactions).IfMultipleTransactionPaymentNettingisapplicabletoTransactions,itwillapplytothoseTransactionswitheffectfromthestartingdatespecifiedintheScheduleorsuchConfirmation,or,ifastartingdateisnotspecifiedintheScheduleorsuchConfirmation,thestartingdateotherwiseagreedbythepartiesinwriting.ThiselectionmaybemadeseparatelyfordifferentgroupsofTransactionsandwillapplyseparatelytoeachpairingofOfficesthroughwhichthepartiesmakeandreceivepaymentsordeliveries.規(guī)定之幔戶所在地或按本憤言羲其余規(guī)定另行支付；款項鷹以自由可事韓襄資金以及所要求之貨第付款之通用方式支付。若結算以交托形式迤行(即付款以外之方式)，三亥交托愿於到期日按有^羲矜之通用方式迤行，然有信航雀熬善或本^^還有規(guī)定畤，即不在此限。(iii)第2(a)(i)修下各方之每^羲矜取決於以下先決修件：(1)莖寸方未彝生任何遑女勺事件或潛在遑條勺事件且^事件仍在持^中；(2)就有^交易而言，還沒有出琪或還沒有有效地指定提早系冬止日；以及⑶於本琳者羲下作卷本第2(a)(iii)僚先決修件之其余各工^^件。(b)改正幔戶。除非另一方及畤彝出反莖寸通知且其反莖寸保合理者，任何一方可在付款或交托之頸定結算日前起碼五彳固常地管渠日通知封方燮更接收款^或交托之幔戶。(c)付款浮答真太吉算。若任何日期曼方均彳星 -(i)以同樣貨第；及就同樣交易，向另一方付‘款，s曼方支付^款項之羲矜招於常日自勤地達成及排除，若一方本鷹支付之^^高於封方本鷹支付之^答瓦支付敕大^^一方之付款羲矜即卷向另一方繳付雨者(敕大東息支付款及敕小余息支付款)^之差答機曼方可就雨肇或以上之交易逗攆就^等交易於同一日期以同樣貨第支付之所有付款迤行浮額結算及執(zhí)行付款羲矜，不^此等付款能否昌苴於同一肇交易。^^攆可於附女勺或任何碓熬耆上作出，加規(guī)定“多肇交易付款凈額結算”遹用於^^攆所指定之交易(在此情況下，上述第(ii)款符不遹用於此等交易)。如多肇交易付款凈額結算遹用者，其奏效日期卷附余勺或碓熬善中規(guī)定之^始日期；如附余勺或碓熬耆中未規(guī)定奏效日期，即由曼方另行以善面另行條勺定^始日期。此逗攆可就不一樣余且別之交易分別作出加分別遹用於曼方用以交托接受款^或交托物之每一^^事虞。DeductionorWithholdingforTax.Gross-Up.AllpaymentsunderthisAgreementwillbemadewithoutanydeductionorwithholdingfororonaccountofanyTaxunlesssuchdeductionorwithholdingisrequiredbyanyapplicablelaw,asmodifiedbythepracticeofanyrelevantgovernmentalrevenueauthority,thenineffect.Ifapartyissorequiredtodeductorwithhold,thenthatparty( “X”)will:―(d)稅捐之扣減或予直扣。(i)所扣稅捐衲足。本憤言如宜下之所有付款愿不因任何稅捐而予以扣減或頸扣，除非此扣減或頸扣是按常畤有效^^有^政府稅矜檄^之慣例加以修正之遹用法律之要求而作出。若一方被要求扣減或頸扣任何款工比^方(“X方”)鷹：-((“YY”)ofsuch(1)及畤^^要求通知另一方 方”)promptlynotifytheotherparty(requirement;paytotherelevantauthoritiesthefullamountrequiredtobedeductedorwithheld(includingthefullamountrequiredtobedeductedorwithheldfromanyadditionalamountpaidbyXtoYunderthisSection2(d))promptlyupontheearlierofdeterminingthatsuchdeductionorwithholdingisrequiredorreceivingnoticethatsuchamounthasbeenassessedagainstY;promptlyforwardtoYanofficialreceipt(oracertifiedcopy),orotherdocumentationreasonablyacceptabletoY,evidencingsuchpaymenttosuchauthorities;andifsuchTaxisanIndemnifiableTax,paytoY,inadditiontothepaymenttowhichYisotherwiseentitledunderthisAgreement,suchadditionalamountasisnecessarytoensurethatthenetamountactuallyreceivedbyY(freeandclearofIndemnifiableTaxes,whetherassessedagainstXorY)willequalthefullamountYwouldhavereceivedhadnosuchdeductionorwithholdingbeenrequired.However,XwillnotberequiredtopayanyadditionalamounttoYtotheextentthatitwouldnotberequiredtobepaidbutfor:thefailurebyYtocomplywithorperformanyagreementcontainedinSection4(a)(i),4(a)(iii)or4(d);orthefailureofarepresentationmadebyYpursuanttoSection3(f)tobeaccurateandtrueunlesssuchfailurewouldnothaveoccurredbutfor(I)anyactiontakenbyataxingauthority,orbroughtinacourtofcompetentjurisdiction,afteraTransactionisenteredinto(regardlessofwhethersuchactionistakenorbroughtwithrespecttoapartytothisAgreement)or(II)aChangeinTaxLaw.Liability.If:―Xisrequiredbyanyapplicablelaw,asmodifiedbythepracticeofanyrelevantgovernmentalrevenueauthority,tomakeanydeductionorwithholdinginrespectofwhichXwouldnotberequiredtopayanadditionalamounttoYunderSection2(d)(i)(4);Xdoesnotsodeductorwithhold;and(2)常碓定需要支付^扣減或頸扣款^或收到通知貍悉已向Y方^徵^款^(兩者之較早彝生者)畤，鷹及畤向有^政府檄^支付所需扣減或頸扣之所有款工^(包含按本第2(d)僚要求彳於X方付余合Y方之任何額外款^中扣減或頸扣之所有款工宜);(3)及畤向Y方彝出正式收撼(或^^瞪之副本),或Y方能合理接受之其余文件，瞪明己向有^政府檄^付款；以及TOC\o"1-5"\h\z(4)若^稅卷可貍衲僭稅捐，期除了支付余合 Y方其在本^^工宜下愿得之款^外，譴愿向 Y方支付額外款工鼠使Y方^得之浮額(不包含向X方或Y方^徵之可貍衲僭稅捐)相等於在不需要扣減或頸扣款^畤其愿得之所有款工乳但如 X方之支付羲矜是由以下事件所引彝之，即 X方輾須向Y方支付任何額外款工乳 -Y方未恪守或執(zhí)行第 4(a)(i)、4(a)(iii)或4(d)修所載之任何憤言羲；或Y方按第3(f)修所作之竦述卷不正碓及不真^,除非^竦述是由於：(I)在迤行某^交易以彳爰，稅矜檄^探取之行勤或在有管轄槿之法庭內提出之^言公(不言俞言亥行勤或^吉公能否就本^^一方提出)，或(II)稅法之燮更而燮得不正碓及不真^。(ii)責任。如：-(1)因按^有^政府稅矜檄^之慣例加以修正之任何遹用法律之要求，X方需作出任何扣減或頸扣，但按第2(d)(i)(4)修之規(guī)定，X方輾須向Y方支付任何額外款工鼠X方沒有扣減或頸扣款工凱加且aliabilityresultingfromsuchTaxisassesseddirectlyagainstX,then,excepttotheextentYhassatisfiedorthensatisfiestheliabilityresultingfromsuchTax,YwillpromptlypaytoXtheamountofsuchliability(includinganyrelatedliabilityforinterest,butincludinganyrelatedliabilityforpenaltiesonlyifYhasfailedtocomplywithorperformanyagreementcontainedinSection4(a)(i),4(a)(iii)or4(d)).3.RepresentationsEachpartymakestherepresentationscontainedinSections3(a),3(b),3(c),3(d),3(e)and3(f)and,ifspecifiedintheScheduleasapplying,3(g)totheotherparty(whichrepresentationswillbedeemedtoberepeatedbyeachpartyoneachdateonwhichaTransactionisenteredintoand,inthecaseoftherepresentationsinSection3(f),atalltimesuntiltheterminationofthisAgreement).Ifany“AdditionalRepresentationis”specifiedintheScheduleoranyConfirmationasapplying,thepartyorpartiesspecifiedforsuchAdditionalRepresentationwillmakeand,ifapplicable,bedeemedtorepeatsuchAdditionalRepresentationatthetimeortimesspecifiedforsuchAdditionalRepresentation.(a)BasicRepresentations.Status.Itisdulyorganisedandvalidlyexistingunderthelawsofthejurisdictionofitsorganisationorincorporationand,ifrelevantundersuchlaws,ingoodstanding;Powers.IthasthepowertoexecutethisAgreementandanyotherdocumentationrelatingtothisAgreementtowhichitisaparty,todeliverthisAgreementandanyotherdocumentationrelatingtothisAgreementthatitisrequiredbythisAgreementtodeliverandtoperformitsobligationsunderthisAgreementandanyobligationsithasunderanyCreditSupportDocumenttowhichitisapartyandhastakenallnecessaryactiontoauthorisesuchexecution,deliveryandperformance;NoViolationorConflict.Suchexecution,deliveryandperformancedonotviolateorconflictwithanylawapplicabletoit,anyprovisionofitsconstitutionaldocuments,anyorderorjudgmentofanycourtorotheragencyofgovernmentapplicabletoitoranyofitsassetsoranycontractualrestrictionbindingonoraffectingitoranyofitsassets;Consents.AllgovernmentalandotherconsentsthatarerequiredtohavebeenobtainedbyitwithrespecttothisAgreementoranyCreditSupportDocumenttowhichitisapartyhavebeenobtainedandareinfullforceandeffectandallconditionsofanysuchconsentshavebeencompliedwith;andObligationsBinding.ItsobligationsunderthisAgreementandanyCreditSupportDocumenttowhichitisapartyconstituteitslegal,validandbindingobligations,enforceableinaccordancewiththeirrespectiveterms(subjecttoapplicablebankruptcy,(3)稅矜責任直接加於X方，即Y方除非已承搪或符承搪^稅矜所引致之責任外，Y方鷹及畤向X方支付有信舲亥責任之款^(包含任何有^利息，但彳堇在Y方未能恪守或執(zhí)行第4(a)(i)、4(a)(iii)或4(dM除所載之任何^^畤才包含任何有^^卻性責任)。I1述各方向另一方作出第3(a)、3(b)、3(c)、3(d)、3(e)和3(f)修以及(如按附條勺規(guī)定遹用畤之 )第3(g)款所載之1述(道些1述符被視卷在每次迤行交易常日卷各方^述，按第3(f)修所作之1述符被視卷直至本憤者藕幺冬止前不斷卷各方所^述)。如任何“其余1述”按附條勺或碓熬耆之規(guī)定，亦予遹用者，言亥1述中規(guī)定之一方或各方聘於吉亥1述所指定之畤果占作出或被視卷另重^ (若有遹用者)此一其余1述?；?述。(i)地位。其卷遹常地^成加按其成立或余且女哉之司法管轄展之法律有效存^以及，如輿^等法律相^者，慮於優(yōu)秀之狀熊；(ii)槿力。其有槿筵署本^^以及其卷一方之典本^^有^之其余任何文件，有槿按本^^有^交托之要求交托本^^及有^本^^之任何其余文件，及有槿執(zhí)行本^^工宜下之羲矜以及任何以其卷一方之信譽支持文件下之羲矜，旋已探取所有必需行勤授槿此等筵署、交托及執(zhí)行；(iii)輾遑反或抵解。此等筵署、交托及執(zhí)行加輾遑反或抵解任何遹用之法律，吻合其余且余散章程性文件之任何規(guī)定，吻合遹用於三亥方或其資羥之任何法庭或政府檄^所頒佛之法律或判決，或任何條勺束或影警^方或其資羥之合同條勺定；(iv)贊同。已貍取有昌身本^^或其卷一方之任何信譽支持文件所需之全部政府贊同及其余贊同；此等贊同己全面奏效加且有^贊同奏效之所有修件已掩恪守；以及(v)羲矜之系勺束。其在本^^及其卷一方之任何信譽支持文件項下之羲矜均橫成其合法、有效及有余勺束力之羲矜，加可按^些文件之有&M條款弓畝制軌行(受限於遹用之破羥、重余且、瓢僭譴能力、緩期僭譴reorganisation,insolvency,moratoriumorsimilarlawsaffectingcreditorsrights’generallyandsubject,astoenforceability,toequitableprinciplesofgeneralapplication(regardlessofwhetherenforcementissoughtinaproceedinginequityoratlaw)).AbsenceofCertainEvents.NoEventofDefaultorPotentialEventofDefaultor,toitsknowledge,TerminationEventwithrespecttoithasoccurredandiscontinuingandnosucheventorcircumstancewouldoccurasaresultofitsenteringintoorperformingitsobligationsunderthisAgreementoranyCreditSupportDocumenttowhichitisaparty.AbsenceofLitigation.Thereisnotpendingor,toitsknowledge,threatenedagainstit,anyofitsCreditSupportProvidersoranyofitsapplicableSpecifiedEntitiesanyaction,suitorproceedingatlaworinequityorbeforeanycourt,tribunal,governmentalbody,agencyorofficialoranyarbitratorthatislikelytoaffectthelegality,validityorenforceabilityagainstitofthisAgreementoranyCreditSupportDocumenttowhichitisapartyoritsabilitytoperformitsobligationsunderthisAgreementorsuchCreditSupportDocument.AccuracyofSpecifiedInformation.AllapplicableinformationthatisfurnishedinwritingbyoronbehalfofittotheotherpartyandisidentifiedforthepurposeofthisSection3(d)intheScheduleis,asofthedateoftheinformation,true,accurateandcompleteineverymaterialrespect.PayerTaxRepresentation.EachrepresentationspecifiedintheScheduleasbeingmadebyitforthepurposeofthisSection3(e)isaccurateandtrue.PayeeTaxRepresentations.EachrepresentationspecifiedintheScheduleasbeingmadebyitforthepurposeofthisSection3(f)isaccurateandtrue.NoAgency.ItisenteringintothisAgreement,includingeachTransaction,asprincipalandnotasagentofanypersonorentity.AgreementsEachpartyagreeswiththeotherthat,solongaseitherpartyhasormayhaveanyobligationunderthisAgreementorunderanyCreditSupportDocumenttowhichitisaparty:FurnishSpecifiedInformation.Itwilldelivertotheotherpartyor,incertaincasesunderclause(iii)below,tosuchgovernmentortaxingauthorityastheotherpartyreasonablydirects: ―anyforms,documentsorcertificatesrelatingtotaxationspecifiedintheScheduleoranyConfirmation;anyotherdocumentsspecifiedintheScheduleoranyConfirmation;anduponreasonabledemandbysuchotherparty,anyformordocumentthatmayberequiredorreasonablyrequestedinwritinginordertoallowsuchotherpartyoritsCreditSupportProvidertomakeapaymentunder或往常影警債槿者槿利之^似法律，旋在有^^行方面受限於廣泛遹用之衡平原邱"輾言俞吉亥孰行是^^者於衡平法或一般法))。(b)不存在某些事件。沒有任何己^^生及持^之遑女勺事件或潛在之遑余勺事件，或撼其所知旋輾有信舲亥方之余冬止事件，加且筵署或執(zhí)行本^^或其卷一方之任何信譽支持文件下之羲矜，不曾引致三亥系冬止事件或情況之彝生。(c)不存在^^公。沒有任何待決的，或撼其所知，沒有任何莖寸其或其任何信譽支持供給者或其任何有^特定檄情橫成威宵之基於一般法或衡平法或於任何法庭、裁判所、政府^醴、代理人、官員或仲裁者前迤行之^言公、指控或起^,其符可能影警本^^或其卷一方之任何信譽支持文件之合法性、有效性或可孰行性，或其執(zhí)行本^^或三亥等信譽支持文件下之羲矜之能力。(d)指定資料之正硅性。以善面形式由其褻出或以其名羲考期合另一方，加卷本第3(d)修之目的在附條勺上指明其有所遹用之所有資料，於^資料之日期在各重要方面均卷真W＞正碓及完好。(e)付款人稅矜隙述。其卷本第3(e)修之目的在附區(qū)勺中所作之竦述均卷正碓及真^。⑴受款人稅矜隙述。其卷本第3(f)修之目的在附區(qū)勺中所作之竦述均卷正碓及真^。(g)輾代理。其以自己之身份而非任何人或檄情之代理人言丁立本憤言羲。4.BW曼方相互贊同，常任何一方在本^^或其卷一方之任何信譽支持文件下負有或可能負有任何羲矜畤： -⑶供給指定資料。其符向另一方，或在下述第(iii)款之某些情況下向另一方合理地指示之政府或稅矜檄^提供：-(i)附條勺或任何碓熬耆規(guī)定之有^稅矜之表格、文件或瞪害；(ii)附系勺或任何碓熬善規(guī)定之任何其余文件；以及(iii)按另一方之合理要求，供給可能需要或以害面合理地要求之任何表格或文件，使^另一方或其信譽支持供給者在按本^^或任何遹用之信譽支持文thisAgreementoranyapplicableCreditSupportDocumentwithoutanydeductionorwithholdingfororonaccountofanyTaxorwith suchdeductionorwithholding atareducedrate (solongasthecompletion,executionorsubmissionofsuchformordocumentwouldnotmateriallyprejudicethelegalorcommercialpositionofthepartyinreceiptofsuchdemand),withanysuchformordocumenttobeaccurate andcompleted inamanner reasonablysatisfactorytosuchotherpartyandtobeexecutedandtobe deliveredwith anyreasonablyrequiredcertification,ineachcasebythedatespecifiedintheScheduleorsuchConfirmationor,ifnoneisspecified,assoonasreasonablypracticable.MaintainAuthorisations.ItwilluseallreasonableeffortstomaintaininfullforceandeffectallconsentsofanygovernmentalorotherauthoritythatarerequiredtobeobtainedbyitwithrespecttothisAgreementoranyCreditSupportDocumenttowhichitisapartyandwilluseallreasonableeffortstoobtainanythatmaybecomenecessaryinthefuture.ComplyWithLaws.ItwillcomplyinallmaterialrespectswithallapplicablelawsandorderstowhichitmaybesubjectiffailuresotocomplywouldmateriallyimpairitsabilitytoperformitsobligationsunderthisAgreementoranyCreditSupportDocumenttowhichitisaparty.TaxAgreement.ItwillgivenoticeofanyfailureofarepresentationmadebyitunderSection3(f)tobeaccurateandtruepromptlyuponlearningofsuchfailure.PaymentofStampTax.SubjecttoSection11,itwillpayanyStampTaxleviedorimposeduponitorinrespectofitsexecutionorperformanceofthisAgreementbyajurisdictioninwhichitisincorporated,organised,managedandcontrolledorconsideredtohaveitsseat,orwhereanOfficethroughwhichitisactingforthepurposeofthisAgreementislocated( “StampTaxJurisdictionand”),willindemnifytheotherpartyagainstanyStampTaxleviedorimposedupontheotherpartyorinrespectoftheotherpartysexecutionorperformanceofthisAgreementbyanysuchStampTaxJurisdictionwhichisnotalsoaStampTaxJurisdictionwithrespecttotheotherparty.EventsofDefaultandTerminationEvents(a)EventsofDefault.Theoccurrenceatanytimewithrespecttoapartyor,ifapplicable,anyCreditSupportProviderofsuchpartyoranySpecifiedEntityofsuchpartyofanyofthefollowingeventsconstitutes(subjecttoSections5(c)and6(e)(iv))aneventofdefault(anDefault”)withrespecttosuchparty: ―FailuretoPayorDeliver.Failurebythepartytomake,whendue,anypaymentunderthisAgreementordeliveryunderSection2(a)(i)or9(h)(i)(2)or(4)requiredtobemadebyitifsuchfailureisnotremediedonorbeforethefirstLocalBusinessDayinthecaseofanysuchpaymentorthefirstLocalDeliveryDayinthecaseofanysuchdeliveryafter,ineachcase,noticeofsuchfailureisgiventotheparty;件付款畤瓢需到任何稅捐支付扣減或頸扣款工鼠或得以降低支付此等扣減或頸扣之遹用率(只假如^表格或文件之達成、筵署或遮交不曾殿重地損害接受三亥要求一方之法律或商渠地位)，此等表格或文件愿正碓地加按使另一方合理滿意之方式填妥、筵署，速同任何合理要求之瞪明，一伊交托，以上各工^羲矜需按附條勺或^碓熬耆規(guī)定之日期，或許如輾規(guī)定，即以合理可行之最快畤^予以達成。(b)余隹持授槿。鷹翥一吻合理之努力，就本^^或其卷一方之任何信譽支持文件之有^事工^^方需自政府或其余檄^獲得之全部贊同，雉持充足之效勞，加符翥一吻合理之努力，貍取日彳爰可能必需之其余贊同。(c)恪守紀律。愿在全部重要眉面恪守封其有余勺束力且如不恪守者符殿重影警其執(zhí)行本^^或其卷一方之任何信譽支持文件下羲矜之能力之相信昌法律及法律。(d)稅矜^^。常^方得知其按第3(f)修所作之竦述有不正碓及不真^之虞，鷹及畤就此彝出通知。(e)印花稅之繳付。除有第11修之遹用外，愿繳付其成立、ffl^＞被管理、被控制之司法管轄展，或^^方挑有一席位，或卷執(zhí)行本^^之某彳固辨事虞所在之司法管本害顯(“印花稅司法管轄展”)莖於亥方或就其筵署或執(zhí)行本^^所徵收之印花稅，加常某印花稅司法管轄顯莖寸非慮於^印花稅司法管轄展之一方或就其筵署或執(zhí)行本^^徵收印花稅畤，莖寸另一方卷踣僭。5.遑女勺事件和余冬止事件(a)遑系勺事件。任何畤候，富一方或，如遹用之言舌，言亥方之任何信譽支持供給者或三亥方之任何特定檄情彝生以下任何事件，招橫成(惟受第5(c)和第6(e)(iv)修之限制)亥方之遑余勺事件(以下曾耦“遑女勺事件”)-“Eventof(i)未能付款或交托。亥方未於到期日按本^^付款或按第2(a)(i)、第9(h)(i)(2)或(4)修之規(guī)定執(zhí)行交付羲矜，加且在向亥方褻出逾期通知彳爰之首彳固常地管渠日(遹用於付款)或首彳固常地交托日(遹用於^物交托)或以前仍未衲正；BreachofAgreement;RepudiationofAgreement.Failurebythepartytocomplywithorperformanyagreementorobligation(otherthananobligationtomakeanypaymentunderthisAgreementordeliveryunderSection2(a)(i)or9(h)(i)(2)or(4)ortogivenoticeofaTerminationEventoranyagreementorobligationunderSection4(a)(i),4(a)(iii)or4(d))tobecompliedwithorperformedbythepartyinaccordancewiththisAgreementifsuchfailureisnotremediedwithin30daysafternoticeofsuchfailureisgiventotheparty;orthepartydisaffirms,disclaims,repudiatesorrejects,inwholeorinpart,orchallengesthevalidityof,thisMasterAgreement,anyConfirmationexecutedanddeliveredbythatpartyoranyTransactionevidencedbysuchaConfirmation(orsuchactionistakenbyanypersonorentityappointedorempoweredtooperateitoractonitsbehalf);CreditSupportDefault.FailurebythepartyoranyCreditSupportProviderofsuchpartytocomplywithorperformanyagreementorobligationtobecompliedwithorperformedbyitinaccordancewithanyCreditSupportDocumentifsuchfailureiscontinuingafteranyapplicablegraceperiodhaselapsed;theexpirationorterminationofsuchCreditSupportDocumentorthefailingorceasingofsuchCreditSupportDocument,oranysecurityinterestgrantedbysuchpartyorsuchCreditSupportProvidertotheotherpartypursuanttoanysuchCreditSupportDocument,tobeinfullforceandeffectforthepurposeofthisAgreement(ineachcaseotherthaninaccordancewithitsterms)priortothesatisfactionofallobligationsofsuchpartyundereachTransactiontowhichsuchCreditSupportDocumentrelateswithoutthewrittenconsentoftheotherparty;orthepartyorsuchCreditSupportProviderdisaffirms,disclaims,repudiatesorrejects,inwholeorinpart,orchallengesthevalidityof,suchCreditSupportDocument(orsuchactionistakenbyanypersonorentityappointedorempoweredtooperateitoractonitsbehalf);Misrepresentation.Arepresentation(otherthanarepresentationunderSection3(e)or3(f))madeorrepeatedordeemedtohavebeenmadeorrepeatedbythepartyoranyCreditSupportProviderofsuchpartyinthisAgreementoranyCreditSupportDocumentprovestohavebeenincorrectormisleadinginanymaterialrespectwhenmadeorrepeatedordeemedtohavebeenmadeorrepeated;^方未能按本^^規(guī)定恪守或執(zhí)行其愿遵守或執(zhí)行之任何^^或羲矜(但不包含本^^第2(a)(i)、第9(h)(i)(2)或(4)修下之付款羲矜或交托羲矜，或褻出余冬止事件通知之羲矜，或第4(a)(i)款、第4(a)(iii)款或4(d)^^下之任何^^或羲矜)，加且在向^方彝出遑余勺通知彳爰之三十天內仍未衲正；或(2)三亥方撤消、否熬、放粢或拒^所有或部分之本主憤聲羲、由^方窈言了和交托之任何碓熬害或由此等碓熬耆瞪明之任何交易，或封本主憤言氤上述碓熬害或交易之有效性提出昇者款或亥行勤由^委派或授槿管理亥方之任何彳固人或^醴作出或代表其作出);(iii)信譽支持遑系勺。(1)亥方或亥方之任何信譽支持供給者未能按任何信譽支持文件之規(guī)定恪守或執(zhí)行其愿恪守或執(zhí)行之任何^^或羲矜，加在任何遹用之寞限時^謾彳爰仍未衲正；(2)未^另一方害面贊同，在亥方未就此等信譽支持文件所波及之每肇交易皆執(zhí)行所有羲矜前，此等信譽支持文件屆期或余冬止，或此等信譽支持文件或亥方或其信譽支持供給者根撼任何此等信譽支持文件國合予另一方之任何搪保槿益未能就本憤言羲目的，保持其充足效勞(以上任一情況均不包含按憤言羲修文之正常無效)；或(3)亥方或亥方之信譽支持供給者撤消、否熬、放粢或拒^所有或部分之信譽支持文件，或莖寸亥信譽支持文件之有效性提出^^(或亥行勤由^委派或授槿管理亥方之任何彳固人或^醴作出或代表其作出)；(iv)不^之隙述。亥方或亥方之任何信譽支持供給者於本^^或任何信譽支持文件下作出或^述之，(v)DefaultUnderSpecifiedTransaction.Theparty,(v)特定交易下之遑系勺。某方、亥方之任何信譽支或被視卷作出或^述之竦述(按第3(e)或3(f)修所作之竦述除外(v)DefaultUnderSpecifiedTransaction.Theparty,(v)特定交易下之遑系勺。某方、亥方之任何信譽支anyCreditSupportProviderofsuchpartyoranyapplicableSpecifiedEntityofsuchparty: ―defaults(otherthanbyfailingtomakeadelivery)underaSpecifiedTransactionoranycreditsupportarrangementrelatingtoaSpecifiedTransactionand,aftergivingeffecttoanyapplicablenoticerequirementorgraceperiod,suchdefaultresultsinaliquidationof,anaccelerationofobligationsunder,oranearlyterminationof,thatSpecifiedTransaction;defaults,aftergivingeffecttoanyapplicablenoticerequirementorgraceperiod,inmakinganypaymentdueonthelastpaymentorexchangedateof,oranypaymentonearlyterminationof,aSpecifiedTransaction(or,ifthereisnoapplicablenoticerequirementorgraceperiod,suchdefaultcontinuesforatleastoneLocalBusinessDay);defaultsinmakinganydeliverydueunder(includinganydeliverydueonthelastdeliveryorexchangedateof)aSpecifiedTransactionoranycreditsupportarrangementrelatingtoaSpecifiedTransactionand,aftergivingeffecttoanyapplicablenoticerequirementorgraceperiod,suchdefaultresultsinaliquidationof,anaccelerationofobligationsunder,oranearlyterminationof,alltransactionsoutstandingunderthedocumentationapplicabletothatSpecifiedTransaction;ordisaffirms,disclaims,repudiatesorrejects,inwholeorinpart,orchallengesthevalidityof,aSpecifiedTransactionoranycreditsupportarrangementrelatingtoaSpecifiedTransactionthatis,ineithercase,confirmedorevidencedbyadocumentorotherconfirmingevidenceexecutedanddeliveredbythatparty,CreditSupportProviderorSpecifiedEntity(orsuchactionistakenbyanypersonorentityappointedorempoweredtooperateitoractonitsbehalf);Cross-Default.If“Cross-Default”isspecifiedintheScheduleasapplyingtotheparty,theoccurrenceorexistenceof:―adefault,eventofdefaultorothersimilarconditionorevent(howeverdescribed)inrespectofsuchparty,anyCreditSupportProviderofsuchpartyoranyapplicableSpecifiedEntityofsuchpartyunderoneormoreagreementsorinstrumentsrelatingtoSpecifiedIndebtednessofanyofthem(individuallyorcollectively)wheretheaggregateprincipalamountofsuchagreementsorinstruments,eitheraloneortogetherwiththeamount,ifany,referredtoinclause(2)below,isnotlessthantheapplicableThresholdAmount(asspecifiedintheSchedule)whichhasresultedinsuchSpecifiedIndebtednessbecoming,orbecomingcapableatsuchtimeofbeingdeclared,dueandpayableundersuchagreementsorinstrumentsbeforeitwouldotherwisehavebeendueandpayable;oradefaultbysuchparty,suchCreditSupport持供給者或^方之任何相^特定檄情:（1）於特定交易或有^特定交易之任何信譽支持安排下遑區(qū)勺（未能執(zhí)行交托羲矜除外），而在任何遹用之通知要求或寞限時奏效彳爰，^遑區(qū)勺溥致^特定交易之清理、加快僭譴、或提早余冬止之情況；（2）於任何遹用之通知要求或寞限時奏效彳爰，未能在特定交易之最彳爰付款日或交換日到期畤執(zhí)行任何付款之羲矜，或未能支付有^特定交易之提早余冬止之款工^（或如瓢遹用之通知要求或寞限時，言亥遑條勺持^起碼一彳固常地管渠日 ）;（3）未能執(zhí)行特定交易或有^特定交易之任何信譽支持安排下之任何交托羲矜（包含於最彳爰付款日或交換日到期之任何交托羲矜），加在遹用之通知要求或寞限時奏效彳爰，三亥遑女勺醇致有信身特定交易之文件下所有未達成交易之清理、加快僭譴、或提早余冬止之情況；或（4）所