Common use of Eurex Clearing Clause in Contracts

Eurex Clearing. AG shall notify the Clearing Member of a release of any of the pledges granted pursuant to Clauses 2.2 to 2.5. If a release of any of such pledges occurs as a matter of law, such notification shall only constitute a confirmation of the release as a matter of record.

Appears in 1 contract

Sources: Pledge Agreement

Eurex Clearing. AG shall notify the ISA Direct Clearing Member of a release of any of the pledges granted pursuant to Clauses 2.2 to 2.5. If a release of any of such pledges occurs as a matter of law, such notification shall only constitute a confirmation of the release as a matter of record.

Appears in 1 contract

Sources: Pledge Agreement

Eurex Clearing. AG shall notify the ISA Direct Clearing Member of a release of any of the pledges granted pursuant to Clauses 2.2 to 2.52.54. If a release of any of such pledges occurs as a matter of law, such notification shall only constitute a confirmation of the release as a matter of record.

Appears in 1 contract

Sources: Pledge Agreement