Common use of CCP Clause in Contracts

CCP. A commissions vicarious agents, who undertake the tasks of the Settlement Bank, the CSD or the Collateral Custodian (together referred to as ‘Clearing Facilities’) for making payment transactions and keeping the cash accounts and securities accounts according to the General Terms and Conditions of CCP.A.

Appears in 2 contracts

Sources: Clearing Agreement, Clearing Agreement

CCP. A commissions vicarious agents, who undertake the tasks of the Settlement Bank, the CSD or the Collateral Custodian (together referred to as ‘Clearing Facilities’) for making payment transactions and keeping the cash accounts and securities accounts according to the General Terms and Conditions of CCP.A.

Appears in 1 contract

Sources: Clearing Agent Agreement