Notification to CME Sample Clauses
The 'Notification to CME' clause requires parties to promptly inform the Chicago Mercantile Exchange (CME) of specific events, actions, or changes relevant to their contractual relationship or obligations. In practice, this may involve notifying the CME about defaults, significant breaches, or other material developments that could impact market integrity or the performance of contracts cleared through the CME. By mandating timely communication, this clause ensures regulatory compliance and helps maintain transparency and stability within the exchange's operations.
Notification to CME. CBOT shall notify CME of the classes and maturity dates of the CBOT Products that it intends to list for trading in accordance with the Operational Policies and Procedures. CBOT shall also submit to CME in advance of listing any CBOT Product a copy of the contract specifications for the product, and shall provide CME advance notice thereafter of any changes in contract specifications for the product.
Notification to CME. NYMEX shall keep CME reasonably informed of regulatory developments or regulatory issues of which NYMEX is aware that relate specifically to the NYMEX Globex Contracts (as opposed to general regulatory issues of which CME would ordinarily be aware in the course of its own business). This notification requirement applies, without limitation, to any investigation or audit by NYMEX or by any governmental or regulatory authority concerning trading irregularities in the NYMEX Globex Contracts, to the extent that notification to CME would not violate any confidentiality requirements imposed upon NYMEX by any governmental or regulatory authority.