Read this closely again:
DEPOSIT
Conversion Solutions, Inc. agrees to accept, and the Agreement Holder agrees to pay or cause to be paid to Conversion Solutions, Inc., for value on the Effective Date, the Net Deposit (as specified in the Annex). All funds received by Conversion Solutions, Inc. under this Agreement shall become the exclusive property of Conversion Solutions, Inc. and remain a part of Conversion Solutions, Inc.'s general account without any duty or requirement of segregation or separate investment. This Agreement shall become effective only upon the receipt by Conversion Solutions, Inc. or its designee of the Net Deposit and or investment grade securities
ANNEX A
This Annex will become effective as of the Effective Date, subject to the requirements of Section 1.
Net Deposit:
The Net Deposit is 450,000,000 EURO.
Lehman Brothers Holdings PLC 6 1/8 A+
Common Code:
010924251
ISIN:
XS0109242510
BB Number:
EC2377199
Bank and Account: HSBC Bank plc London
To me havenots, the entire amount is specified per paragraph one as conversion solutions, references Annex which is included for your reading
