Common use of Elementary Clearing Model Provisions (Use of Xemac Clause in Contracts

Elementary Clearing Model Provisions (Use of Xemac. Omnibus Transactions If one or more Xemac Omnibus Pledged Securities Account(s) have been established pursuant to Clause 2.1.1, in order to provide Omnibus Margin in accordance with Chapter I Part 1 Number 3 and Part 2 Subpart A Number 4 (in particular Number 4.3.2.2) of the Clearing Conditions, the Clearing Member hereby pledges to Eurex Clearing AG all securities which are at present or are in the future deposited in any such Xemac Omnibus Pledged Securities Account(s).

Appears in 4 contracts

Samples: www.eurexrepo.com, www.eurex.com, www.eurexclearing.com

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