EFTA Document EFTA01450101

(c) Valuation and Timing "Valuation Agent" means: Parry• A. "Valuation Date" means: Any Local Business Day. "Valuation lime" means: [ J the close of business in the city of the Valuation Agent on the Valuation Date or date of calculation, as applicable; [X] the close of business on the Local Business Day before the Valuation Date or date of calculation, as applicable: provided that the calculations of Value and Exposure will be made as of approximately the same time on the same date.