In the event that either of the inventories of income or property attached to this Agreement omit any item or items of income, property or indebtedness, or fail to accurately describe or value any item of income, property or indebtedness, such omission or failure shall not affect the validity and operation of this Agreement with respect to items of income, property or indebtedness that are properly described and valued, nor shall any such omission or failure affect the applicability of this Agreement to items of income, property or indebtedness that are omitted or not accurately described or valued, provided that such omissions or inaccurate descriptions or valuations are not material. If such omissions or inaccurate descriptions or valuations of items of income, property or indebtedness are material, then this Agreement shall not apply to the same to the extent of such materiality.