Common use of Prior Self-Clearing Arrangements Clause in Contracts

Prior Self-Clearing Arrangements. Any guarantee, indemnification, or hold harmless agreement in connection with Broker’s business or customers that Pershing may provide to the National Securities Clearing Corporation, the Depository Trust Company, or any other clearing, depository, or self-regulatory organization with respect to transactions self-cleared by Broker prior to transfer of such functions to Pershing.

Prior Self-Clearing Arrangements. Any guarantee, indemnification, or -------------------------------- hold harmless agreement in connection with Broker’s 's business or customers that Pershing may provide to the National Securities Clearing Corporation, the Depository Trust Company, or any other clearing, depository, or self-self regulatory organization with respect to transactions self-cleared by Broker prior to transfer of such functions to Pershing.