Common use of Communication obligations Clause in Contracts

Communication obligations. 7.1 The Clearing Member shall remain obligated – for the purposes of the performance of the agreements set out in preceding articles – to inform CC&G, including on behalf of the Client-Customer Company, of the conclusion of this agreement by sending a copy hereof with original signatures by the Parties, as a condition for the Client-Customer Company's registration in "segregated third party" accounts. CC&G shall proceed, after carrying out the necessary verifications, to notify the Parties of the date from which this agreement shall become effective. 7.2 In the event of merger or incorporation of the Clearing Member with other entities, or a transfer of relevant business segments, the Clearing Member shall undertake to notify CC&G and the Client- Customer Company, at least thirty calendar days in advance, of the time from which the merger or transfer shall take effect with regard to this agreement. The Clearing Member shall remain responsible – with effect also for the incorporating entity, the entity resulting from the merger, and/or the transferee – for any delay in notifying CC&G and/or the Client-Customer Company, including in cases where any delay entails the suspension by CC&G of the Clearing Member, the incorporating entity, the entity resulting from the merger, and/or the transferee and/or the Client-Customer Company, for the time necessary to perform its obligations. 7.3 Each Party undertakes to notify the other, simultaneously with the notification to CC&G, of the exercise of their right of withdrawal from the Section(s).

Communication obligations. 7.1 The Clearing Member shall remain obligated – for the purposes of the performance of the agreements set out in preceding articles – to inform CC&G, including on behalf of the Client-Client- Customer Company, of the conclusion of this agreement by sending a copy hereof with original signatures by the Parties, as a condition for the Client-Customer Company's registration in "segregated third party" accounts. CC&G shall proceed, after carrying out the necessary verifications, to notify the Parties of the date from which this agreement shall become effective. 7.2 In the event of merger or incorporation of the Clearing Member with other entities, or a transfer of relevant business segments, the Clearing Member shall undertake to notify CC&G and the Client- Customer Company, at least thirty calendar days in advance, of the time from which the merger or transfer shall take effect with regard to this agreement. The Clearing Member shall remain responsible – with effect also for the incorporating entity, the entity resulting from the merger, and/or the transferee – for any delay in notifying CC&G and/or the Client-Customer Company, including in cases where any delay entails the suspension by CC&G of the Clearing Member, the incorporating entity, the entity resulting from the merger, and/or the transferee and/or the Client-Client- Customer Company, for the time necessary to perform its obligations. 7.3 Each Party undertakes to notify the other, simultaneously with the notification to CC&G, of the exercise of their right of withdrawal from the Section(s).