<p>IT IS HEREBY DECLARED AND AGREED that the provision of Article 1250 of the Civil Code of the Philippines&nbsp; (Republic Act No. 386) which reads:</p>

<ul style="list-style-type:circle">
	<li>&ldquo;In case an extraordinary inflation or deflation in the currency stipulated&nbsp;&nbsp; should supervene, the value of the currency at the time of the establishment&nbsp; of the obligation shall be the basis of payment.&rdquo;. . .</li>
</ul>

<p>shall&nbsp; not&nbsp; apply&nbsp; in&nbsp; determining&nbsp; the&nbsp; extent&nbsp; of&nbsp; liability&nbsp; under&nbsp; the&nbsp; provisions&nbsp; of&nbsp; this&nbsp; Policy.</p>
