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(ii) the deposits are continuously secured as to principal,but only to <br /> the extent not insured by the Federal Deposit Insurance Corporation, or <br /> similar corporation chartered by the United States of America,(1)by lodging <br /> with a bank or trust company,as collateral security,obligations described in <br /> paragraph (a) above or, with the approval of the Trustee, other marketable <br /> securities eligible as security for the deposit of trust funds under applicable <br /> regulations of the Comptroller of the Currency of the United States of <br /> America or applicable state law or regulations, having a market value <br /> (exclusive of accrued interest)not less than the amount of such deposit,or(2) <br /> if the furnishing of security as provided in clause(1)of this paragraph is not <br /> permitted by applicable law, in such manner as may then be required or <br /> permitted by applicable state or federal laws and regulations regarding the <br /> security for the deposit of trust funds; <br /> (d) investment agreements continuously secured by the obligations listed <br /> in paragraphs (a), (b) or (c) above, with any nationally or state-chartered bank <br /> domiciled in the United States, trust company domiciled in the United States or <br /> broker or dealer (as defined by the Securities Exchange Act of 1934, as amended) <br /> which is a member of the Securities Investors Protection Corporation if(i) such <br /> obligations are delivered to the Trustee or supported by a safekeeping receipt issued <br /> by a depository to the Trustee, provided that such investment agreements must <br /> provide that the value of the underlying obligations shall be maintained at a current <br /> market value,calculated no less frequently than monthly,of not less than the amount <br /> deposited thereunder, (ii)a prior perfected security interest in the obligations which <br /> are securing such agreement has been granted to the Trustee,(iii)such agreement has <br /> been granted to the Trustee, and (iv) such obligations are free and clear of any <br /> adverse third-party claims:, <br /> (e) investment agreements with any nationally or state-chartered bank, <br /> financial institution, insurance company or trust company, domiciled in the United <br /> States, which has long-term debt obligations rated in one of the two highest rating <br /> categories by a Rating Agency_; and <br /> (f) money market mutual funds invested solely in obligations listed in <br /> paragraphs (a), (b) or(c) above; <br /> provided that "Investments" shall not include a financial instrument, commonly known as <br /> a "derivative," whose performance is derived, at least in part, from the performance of any <br /> underlying asset, including, without limitation, futures, options on securities, options on <br /> futures, forward contracts, swap agreements, structure notes and participations in pools of <br /> mortgages or other assets. <br /> "Permitted Purchase Money Security Interests"means any security interest,retention <br /> of title, financing lease, or installment purchase or similar contract whereby a seller of <br /> personal prom_ty retains a richt of repossession,provided that the aggregate purchase price <br />