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April 30, 2008
The assets listed in the attached Appendix
A constitute qualified collateral as defined in the Collateral
section of this policy. Assets held in a subsidiary are only
qualified upon execution of subsidiary
pledge documents.
The Bank may, in its sole discretion, refuse
certain collateral or adjust collateral discounts applied,
based upon the financial condition of the member, and on
the Bank's review of the overall quality and volatility of
the value of the collateral pledged.
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