Common use of Provision of Securities Clause in Contracts

Provision of Securities. as Contribution to the Default Fund If one or more German Title Transfer Default Fund Accounts have been established pursuant to Clause 2.1 in order to provide Contributions to the Default Fund in Securities accepted by Eurex Clearing AG pursuant to Chapter I Part 1 Number 6.1.2 (1) of the Clearing Conditions, the Clearing Member hereby transfers ownership in such Securities to Eurex Clearing AG by way of a transfer of all rights, title and interest in respect of such Securities to Eurex Clearing AG in accordance with Chapter I Part 1 Number 6.1.2 (1) of the Clearing Conditions.

Appears in 4 contracts

Samples: www.eurex.com, www.eurex.com, www.deutsche-boerse.com

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.