Common use of Clearing System Clause in Contracts

Clearing System. The parties hereby agree that the Swiss Franc Notes will be cleared and settled through SIX SIS in accordance with standard Swiss market practice. Any references to Clearstream, Luxembourg and/or Euroclear in the Fiscal Agency Agreement shall to the extent relevant be deemed also to be a reference to SIX SIS.

Appears in 2 contracts

Sources: Fiscal Agency Agreement, Fiscal Agency Agreement