Title Transfer – Title Transfer. If (i) the Respective Securities have been transferred to Eurex Clearing AG by way of title transfer under the Current Clearing Model Provisions and (ii) the terms of the New Clearing Model Provisions require Margin in the form of securities to be delivered to Eurex Clearing AG by way of title transfer, the following shall apply: Legal title to the Respective Securities shall remain with Eurex Clearing AG. If necessary, Eurex Clearing AG will instruct the respective securities depository bank, custodian or central securities depository to effect the transfer of Respective Securities specified in a duly completed Annex 1.
Appears in 4 contracts
Samples: Clearing Model Change Agreement, Clearing Model Change Agreement, Clearing Model Change Agreement
