(c) The accounts in the "A" and " B " lists taken over by the purchasing bank which have not in tbe meantime been paid off or reduced shall at the time appointed for the transfer of the business be in a safe or sub stantially good position, having regard to the nature of the accounts and the oircumstances of the debtors as they were respectively in on the 31st day of August last, {d) that the items Bhown in the balance-sheet as being in transitu between the various branches of the selling bank are of the value which they were repre sented to be in such balance-sheet, (c) If any account taken over by the purchasing bank shall be wholly or partially secured by shares of the selling bank such last-mentioned bank shall make good any deficiency whioh may arise in realising any such security to the extent which such security was estimated in taking over such accounts or any of them. (/) That the selling bank will, if required by the purchasing bank, within Bix months from the time when this contract takes effect, make good any defect in the title to all or any of the assets sold, which have been represented to consist of freehold land belonging to such bank a3 its own property and not held by way of security only ; and as to leasehold properties, that all rents have been paid and all covenants performed in respect thereof up to the 31st of August last. If the selling bank is unable or unwilling to make good any such defect in title within a reasonable time after being so re quested so to do aB aforesaid, compensation shall be allowed to the purchasing bank for any deficiency in value of any freehold property prejudicially affected by any suoh defeofc in title, suoh compensation to be settled by arbi tration in case of disagreement between the parties hereto as to the amount thereof. 26. Agency work in connection with the liquidation of the selling bank shall be under taken for suoh bank by the purchasing bonk free of expense, except such charges as* the purchasing bank may actually pay in respect thereof, but such last-mentioned bank shall not be under obligation to carry out any agency work which it maj consider detrimental to its own business. 27. 