Common use of Representations of the Clearing Member Clause in Contracts

Representations of the Clearing Member. The Clearing Member represents and warrants by way of an independent guarantee and irrespective of fault (selbständiges, verschuldensunabhängiges Garantieversprechen) to Eurex Clearing AG that (i) at the time immediately prior to a title transfer set out or referred to in Clause 2.2 takes place,

Representations of the Clearing Member. 5 The Clearing Member represents and warrants by way of an independent guarantee and irrespective of fault (selbständiges, verschuldensunabhängiges Garantieversprechen) to Eurex Clearing AG that (i) at the time immediately prior to a title transfer set out or referred to in Clause 2.2 takes place,that