Common use of Clearing House Protections Clause in Contracts

Clearing House Protections. The risk associated with the performance of a transaction may be taken on by the exchange or clearing house. However, in most circumstances you are unlikely to benefit from this if we or another party defaults on its obligations to you. There is no clearing house for certain Derivatives which are not traded under the rules of a recognised or designated investment exchange.

Appears in 5 contracts

Samples: Eligible Counterparty Agreement, Eligible Counterparty Agreement, Eligible Counterparty Agreement

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