These Terms of Business for Intermediaries are issued by Deutsche Asset Management (UK) Limited or any Group Company (each a "DeAM Entity") in its capacity as a distributor of DeAM Products. These Terms set out the basis upon which a DeAM Entity permits an Intermediary to make a DeAM Product available to the Intermediary's Client. An Intermediary who: makes a DeAM Product available to its Clients; introduces a Client to a DeAM Product or otherwise submits business to a DeAM Product Issuer on a Client's behalf; or accepts a payment from a DeAM Entity in relation to a DeAM Product (whether for historic or new business and where permitted by applicable laws and rules), shall by such actions be deemed to have accepted these Terms.