ML20064M582

Provides Summary of Nuclear Property Insurance Coverage in Effect at Facility

ML20064M582
Person / Time
Site:	Grand Gulf
Issue date:	03/18/1994
From:	Hutchinson C ENTERGY OPERATIONS, INC.
To:	NRC OFFICE OF INFORMATION RESOURCES MANAGEMENT (IRM)
References
GNRO-94-00046, GNRO-94-46, NUDOCS 9403280279
Download: ML20064M582 (15)

Text

..

Entsrgy Optr:tions,Inc.

ENTERGY eo w>x756 Port G bson, MS 39150 Te1 RH 437 2800 C. R. Hutchinson vco wsun Q4 r atu.46 Isf?ffkl O JN I4 Af rNtf' bf3'# ft March 18, 1994 U.S.

Nuclear Regulatory Commission Mail Station P1-37 Wash 3'pton, D.C.

20555 ALLention:

Document Control Desk

Subject:

Grand Gulf Nuclear Station Docket No. 50-416 License No. NPF-29 Nuclear Property Insurance GNRO-94 /00046 Gentlemen:

Entergy Operations, Inc. is reporting the nuclear property insurance currently in effect at Grand Gulf Nuclear Station as e

required by 10CFR50. 54 (w).

The following is a summary of the coverage that is in effect at Grand Gulf.

POLICY POLICY POLICY

+

INSURE _B ETMBER LIMIT EXPIRATIQH Nuclear Mutual Limited P93-026 500,000,000 04/01/94 American Nuclear X94-194 765,000,000 04/01/94 Insurers & Mutual Atomic Energy Liability Underwriters Nuclear Electric CX94-072 85,000,000 04/01/94 Insurance Limited i

Nuclear Electric X93-047

$1,400,000,000 11/15/94 Insurance Limited

~

Please find attached the certificate of coverage by Nuclear Electric Insurance Limited / Policy Number X93-047.

Nuclear Mutual Limited, American Nuclear Insurers and Mutual Atomic Energy Liability Underwriters, and Nuclear Electric Insurance i

Limited / Policy Number CX94-072 will not issue certificates evidencing primary coverage beyond 04/01/94 until the effective date of coverage commences (i.e., April 1, 1994).

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March 18, 1994 GNRO-94/ 00046 l

Page 2 of 3 r

Copies of the NML, ANI/MAELU and Nuclear Electric Insurance Limited / Policy Number CX94-072 certificates expiring April 1, 1994 are attached for your information.

The certificates of coverage for NML, ANI/MAELU and Nuclear Electric Insurance Limited / Policy Number CX94-072 effective April 1, 1994 will be submitted to the NRC by June 30, 1994.

The total of primary i

and excess property limits for Grand Gulf is $2.75 billion.

Yours truly, i

sk<

CRH/MTC/

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attachments:

1.

Certificate of Insurance for Nuclear Mutual Limited 2.

Certificate of Insurance for American Nuclear Insurers and Mutual Atomic Energy Liability Underwriters 3.

Certificate of Insurance for Nuclear Electric Insurance Limited 4.

Certificate of Insurance for Nuclear Electric Insurance Limited cc:

Mr. R. H. Bernhard (w/a) t Mr. H. W. Keiser (w/a)

Mr.

R. B. McGehee (w/a)

Mr. N.

S.

Reynolds (w/a)

Mr. H. L. Thomas (w/o) l Mr. Stewart D. Ebneter (w/a)

Regional Administrator U.S. Nuclear Regulatory Commission Region II 101 Marietta St.,

N.W.,

Suite 2900 Atlanta, Georgia 30323 Mr.

P. W.

O'Connor, Project Manager (w/2) i Office of Nuclear Reactor Regulation U.S. Nuclear Regulatory Commission Mail Stop 13H3 Washington, D.C.

20555 1

i G9403101

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March 18, 1994 GNRO-94/ 00046 Page 3 of 3 bec:

Mr. D. G. Bost (w/o)

Mr.

R.

W.

Byrd (w/o)

Mr. N. L. Clement (w/a)

Ms. M.

T.

Crayton (w/a)

Mr. L.

F.

Daughtery (w/c)

Ms.

L. D. Dent (w/a)

Mr. M. A. Dietrich (w/o)

Mr.

J.

O. Fowler (w/o)

Ms. A. S. Graves (w/a)

Mr. C.

C. Hayes, Jr. (w/o)

Mr. M. J. Meisner (w/c)

Mr.

D.

L. Pace (w/o)

Mr. G. A. Zinke (w/o)

File (LCTS) (w/a)

File (RPTS) (w/a)

File (Hard Copy) (w/a)

File (NS&RA) (w/a)

File (Central) (w/a) (

17 )

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I E 302 xs8 Nio8 (Insurance i CERTIFICATE OF INSURANCE ISSUED To:

NUCLEAR REGULATORY COMMISSION ADDRESS:

Washington, D.C.

20555 Attn:

Document Control Desk THIS IS TO CERTIFY that insurance hac been ef fected with NUCLEAR MUTUAL LIMITED, 1201 Market Street, Suite 1200, Wilmington, Delaware 19801, under Policy No. P93-025 as follows:

MEMBER INSURED:

SYSTEM ENERGY RESOURCES, INC.

ADDRESS:

c/o Entergy Services, Inc.

Risk Management Policy P.

O.

Box 61000 New Orleans, LA 70161 PROPERTY INSURED:

Grand Gulf Nuclear Station COVERAGE:

Operating Facility Policy AMOUNT OF INSURANCE:

$500,000,000 INSUREDS:

See attached Schedule "A"

l POLICY TERM:

12:01 a.m.

on April 1,

1993 tc 12:01 a.m.

on April 1,

1994, Standard time in

Hamilton, Bermuda.

LOSS PAYEE CLAUSE:

See attached Schedule "B"

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SCHEDULE "A" INSUREDS:

Entergy Operations, Inc.;

System Energy Resources, Inc.,

Entergy Corporation; South Mississippi Electric Power Association; Bechtel Corporation; Bechtel Power Corporation; and all subsidiary and af filiated entities now in existence or hereafter to be constituted.

Additional Insureds:

All persons, firms or corporations with whom a Named Insured has entered into any agreement which requires that Named Insured to maintain for the benefit of such person, firm or corporation, such insurance as is afforded by this Policy; and the following parties listed herein and their respective successors, assignees and transferees are also named as Additional Insureds:

1.

Meridian Trust Company, 35 North Sixth Street, Reading, Pennsylvania 19601, not in its individual capacity but as Corporate Owner Trustee under the Trust Agreement No. 1, dated as of December 1,

1988, among Meridian Trust Company and Stephen M.

Carta, each individually and as owner Trustee, and Public Service Resources Corporation as owner Participant,

(" Trust Agreement No.

1"),

and as owner of a 12.1168317% undivided interest in Grand Gulf Nuclear Station Unit 1

(" Interest 1");

2.

Resources Capital Management Corporation, 80 Park Plaza, Newark, New Jersey 07101, as transferee Owner Participant under Trust Agreement No.

1, which Trust Agreement No.1 pertains, among other things to Interest 1; 3.

Meridian Trust Company, 35 North Sixth Street, Reading, Pennsylvania 19601, not in its individual capacity but as Corporate Owner Trustee under the Trust Agreement No. 2, dated as of December 1,

1988, among Meridian Trust Company and Stephen M.

Carta, each individually and as owner Trustee, and Lease Management Realty Corporation IV as Owner Participant,

(" Trust Agreement No.

2"),

and as owner of a 3.02920193% undivided interest in Grand Gulf Nuclear Station Unit 1

(" Interest 2") ; and 4.

Textron Financial Corporation, 10 Dorrance Street, P.O.

Box 6687, Providence, Rhode Island 02040, as transferee Owner Participant under Trust Agreement No.

2, which Trust Agreement No. 2 pertains, among other things to Interest 2.

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DCHEDULE "B" Loss Payue Clause A.

Expenses covered under the Nuclear Liability Coverage (Section VI.1(a)) shall be adjusted with Entergy Operations, Inc. or Entergy Services, Inc. as Agent, if Entergy Operations, Inc. so authorizes, and payable to Entergy Operations, Inc.

B.

The losses covered under the Debris Removal and Decontamination Coverage (Section VI.1(b)) and the Property Damage Coverage (Section VI.1(c)) of this Policy shall be adjusted with Entergy Operations, Inc. or Entergy Services, Inc., as Agent, if Entergy Operations, Inc, so authorizes, and payable to United States Trust Company of New York in accordance with the Mortgage and Deed of Trust between Middle South Energy, Inc., and United States Trust Company of New York and Malcolm J. Hood, Trustees; River Fuel Funding Company /3, Inc. (as Lessor) and Morgan Guaranty Trust Company of New York (as Assignee), as their interests may appear in the Nuclear Fuel; Resources Capital Management Corporation as transferee Owner Participant with respect to Public Service Resources Corporation, the original owner Participant under Trust Agreement No.

1, dated as of December 1,

1988, among Meridian Trust company and Stephon M.

Carta, each individually and as Owner Trustee, and Public Service Resources Corporation as Owner Participant

(" Trust Agreement No.1"), which Trust Agreement No.1 pertains, among other things, to a 12.1168317% undivided interest in Grand Gulf Nuclear Station Unit 1

(" Interest 1"),

Meridian Trust Company as Corporate Owner Trustee under Trust Agreement No. 1 with respect to Interest 1, all as their interests may appear under Trust Agreement No.

1, and the other Transaction Documents as defined therein (all references contained herein to the Corporate Owner Trustee, or Owner Participant, respectively, shall include such persons and their respective successors, assigns and transferees in such capacities);

Textron Financial Corporation as transferee Owner Participant with respect to Lease Management Realty Corporation IV, the original Owner Participant under Trust Agreement No. 2, dated as of December 1,1988, among Meridian Trust company and Stephen M. Carta, each individually and as owner Trustee, and Lease Management Roalty Corporation IV as Owner Participant (" Trust Agreement No. 2"), which Trust Agreement No.

2 pertains, among other things, to a 3.02920793% undivided interest in Grand Gulf Nuclear Station Unit 1

(" Interest 2"),

Meridian Trust Company as Corporate Owner Trustee under the Trust Agreement No. 2 with respect to Interest 2, all as their interests may appear under Trust Agreement No. 2 and the other Transaction Documents as defined therein (all references contained herein to the Corporate Owner Trustee or owner Participant, respectively, shall include such persons and their respective successors, assigns and transferees in such capacitics) ; PROVIDEQ,_110HEVEB, any loss to material and supplies, or any loss where the aggregate amount to be paid by Insurer with respect to such loss is less than $100,000, is payable to Entergy Operations, Inc.

The roccipt of such payments under this clause by the payee so designated shall constitute a release in full of all liability with respect to such loss.

This Certificate is not transferable and may be cancelled by NUCLEAR MUTUAL LIMITED by giving 60 days written notice to the party to whom this Certificate is issued prior to cancellation of the insurance described herein, unless specifically provided for

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otherwise under the Terms, Conditions and Exceptions of the Policy.

TilIS CERTIFICATE is for information only; it is not a contract of i

insurance but attests that a policy as numbered herein, and as it stands at the date of this Certificate, has been issued by the Company.

Said policy is subject to change by endorsement and 4

cancellation in accordance with its terms.

EFFECTIVE DATE OF TiiIS CERTIFICATE:

April 1, 1993 i

CERTIFICATE EXPIRES:

April 1, 1994, unless cancelled sooner.

Signed by:

NUCLEAR MUTUAL LIMITED h

Jeffe $ Q. Palmor -

l Vice rr 31 dent-Finance & Administration

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l AMERICAN V A E _U L

NUCLEAR MUTUAL ATOMIC ENERGY rt INSURERS UABILITY UNDERWRITERS CERTIFICATE OF INSUl(ANCE This certificate is issued to the Certificate Holder as a matter of information only. It does not amend, extend or alter the coverage afforded by the policies listed below.

Name of Insured FNT]illCd'f)1'EF ATIONM. INC. MYMTEM FNEFCY RESOL 1RFFS INC FT A I.

Mailing Address __rstEuicrgy.Senius,_Inc.JIisk_Managenwnt r'eparinwnt I' O How />1000 New Orle uK I nuist in:1 e0161 Location (s) Covered CrdnilCulf3DClearlildliim 1113harne County, \\lississippi__

This is to (crtify that the following policy (ies) issimd by members of American Nuclear insurers (ANI) and Mutual Atomic Energy 1 iability Underwriters (M AhlU) to the Insured named above are in fon e as of the effective date of this certificate.

l'olicy Numbers l'olicy Expiration Date*

Amount or Limit Deductible X94144 April 1,1994

$765,000,000.

Type of Insurance: All risk of direct physical damage to the Property insured by any Cause of Loss specified as covered in the policy, provided such physical damage takes place during the policy period.

Cancellation of l'olich :: Should the policy (les) described above be cancelled before the expiration thereof, ANI or M AELU will endeavor to mail or deliver advance written notice to the Certificate lloider, but failure to provide such notice shall impose no obligation of liability of any kind upon ANI or MAEI U.

Name and Address of Certificate lloider:

Nuclear Regulatory Commission i

Washington, D.C. 20555 4

Attn: Document Control Desk j

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liffetlive date of the Certificate:

imuarx_L1991.

'A CFR Flf lCATl! Wil L NOT BE ISSUED FOR ANY SUllSEQUENT POLICY l'ERIOD UNLESS REQUESTED.

1 Town Center, Suite 3005 / 24 South Main Etreet / West Hartford, CT 06107 2445 / (203) 5613433 II FAX (203) 561-4/65

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I. I M i T E D l^x 302 x88 3m'0'oante) l'AX Afu H88 300H(losurance) 1 CERTIFICATE OF INSURANCE ISSUED TO:

Nuclear Regulatory Commission Attn:

Document Control Desk ADDRESS:

Washington, DC 20555 THIS IS TO CERTIFY that insurance has been effected with NUCLEAR ELECTRIC INSURANCE LIMITED, 1201 Market Street, Suite 1200, Wilmington, Delaware 19801, under Policy No. CX94-072 as follows:

MEMBER INSURED:

System Energy Resources, Inc.

c/o Entergy Services, Inc.

ADDRESS:

P.O. Box 61000 New Orleans, LA 70161 PROPERTY INSURED:

Grand Gulf Nuclear Station COVERAGE:

Decontamination Liability and Excess Property Insurance AMOUNT OF INSURANCE:

$85,000,000 INSUREDS:

Those entities specified by the Member Insured in the Declarations of the ANI Excess Policy No.

X94194 or any Endorsements attached thereto.

POLICY TERM:

12:01 a.m. on January 1, 1994 to 12:01 a.m. on April 1,

1994, Standard time in Hamilton, Bermuda.

LOSS PAYEE CLAUSE:

System Energy Resources, Inc.

or as more specifically outlined in the Declarations of the ANI Excess Policy No.

X94194 or any Endorsements attached thereto.

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This Certificate is not transferable and may be cancelled by NUCLEAR ELECTRIC INSURANCE COMPANY by giving 60 days written notice to the party to whom this Certificate is issued prior to cancellation of the insurance described herein, unless specifically provided for otherwise under the Terms, Conditions and Exceptions of the Policy.

1 THIS CERTIFICATE is for information only; it is not a contract of insurance but attests that a policy as numbered herein, and as it stands at the date of this Certificate, has been issued by the Company.

Said policy is subject to change by endorsement and cancellation in accordance with its terms.

EFFECTIVE DATE OF THIS CERTIFICATE:

January 1, 1994 CERTIFICATE EXPIRES:

April 1, 1994 i

Signed by:

NUCLEAR ELECTRIC INSURANCE LIMITED

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David HT Scott, '

Vice President-Underwrit ing

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fax 302 ms 3oosunsurwe1 CERTIFICATE OF INSURANCE ISSUED To:

Nuclear Regulatory Commission ADDRESS:

Document Control Desk Washington, DC 20555 THIS IS TO CERTIFY that insurance has been effected with NUCLEAR ELECTRIC INSURANCE LIMITED, 1201 Market Street, Suite 1200, Wilmington, Delaware 19801, under Policy No. X93-047 as follows:

MEMBER INSURED:

SYSTEM ENERGY RESOURCES, INC.

ADDRESS:

c/o Entergy Services, Inc.

P.O.

Box 61000 New Orleans, LA 70161 PROPERTY INSURED:

Grand Gulf Nuclear Station COVERAGE:

Decontamination Liability, Decommissioning Liability, and Excess Property Insurance AMOUNT OF INSURANCE:

$1,400,000,000 INSUREDS:

See attached Schedule A POLICY TERM:

12:01 a.m.

on November 15, 1993 to 12:01 a.m.

on November 15, 1994, Standard time in Hamilton, Bermuda.

LOSS PAYEE CLAUSE:

See attached Schedule B 1

1 SCHEDULE A Insureds:

Entergy Operations, Inc., System Energy Resources, Inc., Entergy Corporation, South Mississippi Electric Power Association; Bechtel Corporation; Bechtel Power Corporation; and all subsidiary and affiliated entities now in existence or hereafter to be constituted.

Additional Insureds:

All persons, firms or corporations with whom a Named Insured has entered into any agreement which requires that Named Insured to maintain for the benefit of such person, firm or corporation, such insurance as is afforded by this policy and the following parties listed herein and their respective successors, assignees and transferees are also named as Additional Insureds:

1.

Meridian Trust Company, 35 North Sixth Street, Reading, Pennsylvania 19601, not in its individual capacity but as Corporate Owner Trustee under the Trust Agreement No.

1, dated as of December 1,

1988, among Meridian Trust Company and dated as of December 1, 1988, among Meridian Trust Company and Stephen M.

j Carta, each individually and as owner Trustee, and Public Service Resources Corporation as Owner Participant,

(" Trust Agreement No.

1"),

and as owner of a 12.1168317% undivided interest in Grand l

Gulf Nuclear Station Unit 1

(" Interest 1");

2.

Resources Capital Management Corporation, 80 Park Plaza, Newark, New Jersey 07101, as transferee Owner Participant under Trust Agreement No.

1, which Trust Agreement No. 1 pertains, among other things to Interest 1; 3.

Meridian Trust Company, 35 North Sixth Street, Reading, Pennsylvania 19601, not in its individual capacity but as Corporate Owner Trustee under the Trust Agreement No.

2, dated as of December 1,

1988, among Meridian Trust Company and Stephen M.

1 Carta, each individually and as owner Trustee, and Lease Management Realty Corporation IV as Owner Participant, (" Trust Agreement No.

2"),

and as owner of a 3.0292079% undivided interest in Grand Gulf Nuclear Station Unit 1

(" Interest 2");

j 4.

Textron Financial Corporation, 10 Dorrance Street, P.O.

Box 6687, Providence, Rhode Island 02940, as transferee Owner Participant under Trust Agreement No.

2, which Trust Agreement No. 2 pertains, among other things to Interest 2.

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SCHEDULE B LOSS PAYEE CLAUSE:

Expenses covered under the Nuclear Liability Coverage (paragraph VI.1(a)) of this Policy shall be adjusted with Entergy Operations, Inc. or Entergy Services, Inc. as Agent, if Entergy Operations, Inc. so thorizes, and payable to Entergy Operations, Inc.

The expenses covered under the Debris Removal and Decontamination Coverage, (paragraph VI.1(b)), the losses covered under the Property Damage Coverage (paragraph VI.1(c)), and the losses covered under the Functional Total Loss Coverage (paragraph VI.2(a)) of this Policy shall be adjusted with Entergy Operations, Inc. or Entergy Services, Inc. as Agent, if Entergy Operations, Inc. so authorizes, and payable (except as any loss as respects material and supplies and except any loss where the aggregate amount to be paid by insurers in respect of such los. is less that

$100,000 which is payable to Entergy Operations, Inc.) to United States Trust Company of New York, in accc,rdance with the mortgage and deed of trust between Middle South Energy, Inc.,

and United States Trust Company of New York and Malcolm J.

Hood, Trustees; River Fuel Funding Company #3, Inc.,

(as Lessor)- and. Morgan Guaranty Trust Company of New York (as Assignee) as their interests may appear in the Nuclear Fuel; Resources Capital Management Corporation as transferee Owner Participant with respect to Public Service Resources Corporation, the original Owner Participant under Trust Agreement No.

1, dated as of December 1, 1988, among Meridian Trust Company and Stephen M.

Carta, each individually and as Owner

Trustee, and Public Service Resources Corporation as ' Owner Participant (" Trust Agreement No.

1"), which Trust Agreement No. 1 pertains, among other things, to a 12.1168317% undivided interest in Grand Gulf Nuclear Station Unit 1 (" Interest 1"), Meridian Trust Company as Corporate Owner Trustee under Trust Agreement No.1 with i

respect to Interest 1,

all as their interests may appear under i

Trust Agreement No.

1 and the other. Transaction Documents as defined therein (all references contained herein to the Corporate

)

Owner Trustee or Owner Participant, respectively, shall include such persons and their respective successors,.

assigns and transferees in such capacities); Textron Financial Corporation as transferee Owner Participant with respect to Lease Management Realty Corporation IV, the original Owner Participant under Trust j

Agreement No. 2, dated as of December 1, 1988, among Meridian Trust Company and Stephen M.

Carta, each individually and as Owner

Trustee, and Lease Management Realty Corporation IV as Owner Participant (" Trust Agreement No.

2"), which Trust Agreement No. 2 portains, among other things, to a 3.02920793% undivided interest in Grand Gulf Nuclear Station Unit 1 (" Interest 2"), Meridian Trust Company as Corporate Owner Trustee under Trust Agreement No. 2 with respect to Interest 2,

all as their interests may appear under Trust Agreement No.

2 and the other Transaction Documents as defined therein (all references contained herein

W

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.q SCllEDULE B (continued)

Owner Trustee or Owner Participant, respectively, shall include such persons and their respective successors, assigns and transferees in such capacities); and the receipt of the payee so designated shall constitut a release in full of all liability with respect to such loss.

Expenses covered under the Decommissioning Liability Coverage (subsection VII.1) shall be adjusted with the Member Insured and payable to as to any loss of System Energy Resources, Inc. it shall be mado payable to the System Energy Resources, Inc. Grand Gulf Nuclear Decommissioning Non-Qualified Trust Fund; as to any loss of South Mississippi Electric Power Association, it shall be made payable to the Trustmark National Bank as Tr atee of the South Mississippi Power Association Grand Gulf 1 Decommissioning Trust Fund, whose receipt of such payment shall constitute a release in full of all liability with respect to such payment.

The Member Insured may, by written notice to the Insurer, designate other.

payces.

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This Certificate is not transferable and may be cancelled by j

11UCLEAR ELECTRIC INSURANCE COMPANY by giving 60 days written notice i

to the party to whom this Certificate is issued prior to

)

cancellation of the insurance described herein, unless specifically provided for otherwise under the Terms, Conditions and Exceptions of the Policy.

Tl!IS CERTIFICATE is for information only; it is not a contract of insurance but attests that a policy as numbered herein, and as it stands at the date of this Certificate, has been issued by the Company.

Said policy is subject to change by endorsement and cancellation in accordance with its terms.

EFFECTIVE DATE OF TilIS CERT 1.ICATE:

November 15, 1993 CERTIFICATE EXPIRES:

November 15, 1994, unless cancelled sooner.

Signed by:

i 11UCLEAR ELECTRIC INSURANCE LIMITED f

r David IT. Scott, Vice President-Underwriting

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