Common use of Notice and effects Clause in Contracts

Notice and effects. 7.1 The Clearing Member – for the purposes of the execution of the preceding paragraphs – shall notify CC&G, also in the name and on behalf of the Settlement Agent, of the stipulation of the present agreement by forwarding an original copy thereof signed by both Parties. The forwarding of the said original copy shall also serve as confirmation of the Settlement Agent’s mandate with CC&G with respect to the powers of this agreement and situations arising therefrom in the Regulations and/or the Instructions. The consignment to CC&G of the original copy of the agreement shall also entitle CC&G to perform the operations – credit or debit – consequent on it, including in relations with the Settlement Agent, in accordance with this agreement, the Regulations, the Instructions, the General Conditions, and other rules of the System.

Notice and effects. 7.1 The Clearing Member – for the purposes of the execution of the preceding paragraphs – shall notify CC&G, also in the name and on behalf of the Settlement Agent, of the stipulation of the present agreement by forwarding an original copy thereof signed by both Parties. The forwarding of the said original copy shall also serve as confirmation of the Settlement Agent’s mandate with CC&G with respect to the powers of this agreement and situations arising therefrom in the Regulations and/or the Instructions. The consignment forwarding to CC&G of the original copy of the agreement shall also entitle CC&G to perform the operations – credit or debit – consequent on it, including in relations with the Settlement Agent, in accordance with this agreement, the Regulations, the Instructions, the General Conditions, and other rules of the System.

Notice and effects. 7.1 The Clearing Member – for the purposes of the execution of the preceding paragraphs – shall notify CC&G, also in the name and on behalf of the Settlement Agent, of the stipulation of the present agreement by forwarding an original copy thereof signed by both Partiesparties. The forwarding of the said original copy shall also serve as confirmation of the Settlement Agent’s mandate with CC&G with respect to the powers of this agreement and situations arising therefrom in the Regulations and/or the Instructions. The consignment to CC&G of the original copy of the agreement shall also entitle CC&G to perform the operations – credit or debit – consequent on it, including in relations with the Settlement Agent, in accordance with this agreement, the Regulations, the Instructions, the General Conditions, and other rules of the System.