(i) if the affected party has at any time in the period beginning on the date on which the failure occurred and ending at the Default Valuation Time, purchased. whether by way of a repurchase transaction. buy and sell back transaction or otherwise. Securities forming part of the same issue and being of an identical type and description as those Purchased Securities or Equivalent Securities, the affected party shall, to the extent that it does not fall within paragraph 10(e). treat the cost of such purchase (including all Transaction Costs) as the Default Market Value of those Securities: in calculating the Default Market Value, Transaction Costs incurred in connection with a purchase of Securities under paragraph 10(cXiXA) (aa) or (bb) shall include (aa) any costs imposed by the Bank of Italy as a result of the failure: and (bb) an amount equal to interest on the amount of any deposit which the affected party is required to make with the Bank of Italy at the greater of the Pricing Rate for the relevant Transaction and EURIBOR (on a 360 day basis unless otherwise agreed by the panics to the Transaction) which shall be payable by the other party to the affected party. (b) If Buyer fails to deliver Equivalent Securities to Seller on the applicable Repurchase Date. Seller may by written notice to the other part•, elect to adjust the Transaction in accordance with subparagraph (c) below. (c) The adjustment of a Transaction (the "Original Transaction") under this subparagraph shall be effected as follows. The Original Transaction shall be terminated on the Repurchase Date for the Original Transaction and the parties shall be deemed to enter into a new Transaction (the "Replacement Transaction") in accordance with the following provisions- (i) the Purchase Date under the Replacement Transaction shall be the Repurchase Date under the Original Transaction: (ii) the Purchased Securities under the Replacement Transaction shall be Securities equi