Common use of Elementary Clearing Model Provisions Clause in Contracts

Elementary Clearing Model Provisions. Asset Based Allocation/Elementary Omnibus Transactions A If one or more Luxembourg Elementary Omnibus Pledged Securities Accounts have been established pursuant to Clause 2.1.2, in order to provide Elementary Omnibus Margin if Asset Based Allocation is the Applicable Allocation Method, in accordance with Chapter I Part 1 Number 3 and Part 2 Subpart A Number 64 of the Clearing Conditions, the Clearing Member hereby pledges to Eurex Clearing AG pursuant to and in accordance with Schedule 1 of this Agreement all securities which are at present or are in the future deposited in the Luxembourg Elementary Omnibus Pledged Securities Account(s). The Clearing Member hereby undertakes to issue all relevant notices to and obtain all relevant acknowledgements from CBL for the perfection of such pledge. B If one or more CmaX Elementary Omnibus Pledged Securities Accounts have been established pursuant to Clause 2.1.2, in order to provide Elementary Omnibus Margin if Asset Based Allocation is the Applicable Allocation Method, in accordance with Chapter I Part 1 Number 3 and Part 2 Subpart A Number 46 of the Clearing Conditions, by use of CmaX, the Clearing Member hereby pledges to Eurex Clearing AG pursuant to and in accordance with Schedule 1 of this Agreement all securities which are at present or are in the future deposited in the CmaX Elementary Omnibus Pledged Securities Account(s). The Clearing Member hereby undertakes to issue all relevant notices to and obtain all relevant acknowledgements from CBL. for the perfection of such pledge. Chapter I Part 2 Number 6.6.3 of the Clearing Conditions shall remain unaffected.

Elementary Clearing Model Provisions. Asset Value Based Allocation/Elementary Own Transactions and Omnibus Transactions A If one or more Luxembourg Elementary Omnibus Pledged Securities Accounts have been established pursuant to Clause 2.1.2, in order to provide (i) Margin pursuant to the Elementary Omnibus Clearing Model Provisions where Value Based Allocation is the Applicable Allocation Method or (ii) Proprietary Margin if Asset Based Allocation is the Applicable Allocation Method, in each case in accordance with Chapter I Part 1 Number 3 and Part 2 Subpart A Number 64 4 of the Clearing Conditions, the Clearing Member hereby pledges to Eurex Clearing AG pursuant to to, and in accordance with with, Schedule 1 of this Agreement all securities which are at present or are in the future deposited in the any such Luxembourg Elementary Omnibus Pledged Securities Account(s)Account. The Clearing Member hereby undertakes to issue all relevant notices to to, and obtain all relevant acknowledgements from from, CBL for the perfection of such pledge. B If one or more CmaX Elementary Omnibus Pledged Securities Accounts have been established pursuant to Clause 2.1.2, in order to provide (i) Margin pursuant to the Elementary Omnibus Clearing Model Provisions where Value Based Allocation is the Applicable Allocation Method or (ii) Proprietary Margin if Asset Based Allocation is the Applicable Allocation Method, in each case in accordance with Chapter I Part 1 Number 3 and Part 2 Subpart A Number 46 4 of the Clearing Conditions, Conditions by use of CmaX, the Clearing Member hereby pledges to Eurex Clearing AG pursuant to to, and in accordance with with, Schedule 1 of this Agreement all securities which are at present or are in the future deposited in the any such CmaX Elementary Omnibus Pledged Securities Account(s)Account. The Clearing Member hereby undertakes to issue all relevant notices to to, and obtain all relevant acknowledgements from CBL. from, CBL for the perfection of such pledge. C If one or more GC Pooling Re-use Pledged Securities Accounts have been established pursuant to Clause 2.1.2, in order to provide by re-use of collateral in relation to GC Pooling Repo Transactions (i) Margin pursuant to the Elementary Clearing Model Provisions where the Value Based Allocation is the Applicable Allocation Method or (ii) Proprietary Margin if the Asset Based Allocation is the Applicable Allocation Method, in each case in accordance with Chapter I Part 1 Number 3 and Part 2 Subpart A Number 6.6.3 4 of the Clearing Conditions shall remain unaffectedConditions, the Clearing Member hereby pledges to Eurex Clearing AG pursuant to, and in accordance with, Schedule 1 of this Agreement all securities which are at present or are in the future deposited in any such GC Pooling Re-use Pledged Securities Account. The Clearing Member hereby undertakes to issue all relevant notices to, and obtain all relevant acknowledgements, CBL for the perfection of such pledge.

Elementary Clearing Model Provisions. Asset Value Based Allocation/Own Transactions and Elementary Omnibus Transactions A If one or more Luxembourg Elementary Omnibus Pledged Securities Accounts have been established pursuant to Clause 2.1.2, in order to provide (i) Margin pursuant to the Elementary Omnibus Clearing Model Provisions where Value Based Allocation is the Applicable Allocation Method or (ii) Elementary Proprietary Margin if Asset Based Allocation is the Applicable Allocation Method, in each case in accordance with Chapter I Part 1 Number 3 and Part 2 Subpart A Number 64 of the Clearing Conditions, the Clearing Member hereby pledges to Eurex Clearing AG pursuant to and in accordance with Schedule 1 of this Agreement all securities which are at present or are in the future deposited in the any such Luxembourg Elementary Omnibus Pledged Securities Account(s)Account. The Clearing Member hereby undertakes to issue all relevant notices to and obtain all relevant acknowledgements from CBL for the perfection of such pledge. B If one or more CmaX Elementary Omnibus Pledged Securities Accounts have been established pursuant to Clause 2.1.2, in order to provide (i) Margin pursuant to the Elementary Omnibus Clearing Model Provisions where Value Based Allocation is the Applicable Allocation Method or (ii) Elementary Proprietary Margin if Asset Based Allocation is the Applicable Allocation Method, in each case in accordance with Chapter I Part 1 Number 3 and Part 2 Subpart A Number 46 64 of the Clearing Conditions, Conditions by use of CmaX, the Clearing Member hereby pledges to Eurex Clearing AG pursuant to and in accordance with Schedule 1 of this Agreement all securities which are at present or are in the future deposited in the any such CmaX Elementary Omnibus Pledged Securities Account(s)Account. The Clearing Member hereby undertakes to issue all relevant notices to and obtain all relevant acknowledgements from CBL. CBL for the perfection of such pledge. Chapter I Part 2 Number 6.6.3 of the Clearing Conditions shall remain unaffected. C If one or more GC Pooling Re-use Pledged Securities Accounts have been established pursuant to Clause 2.1.2, in order to provide by re-use of collateral in relation to GC Pooling Repo Transactions (i) Margin pursuant to the Elementary Clearing Model Provisions where the Value Based Allocation is the Applicable Allocation Method or (ii) Elementary Proprietary Margin if the Asset Based Allocation is the Applicable Allocation Method, in each case in accordance with Chapter I Part 1 Number 3 and Part 2 Subpart A Number 46 of the Clearing Conditions, the Clearing Member hereby pledges to Eurex Clearing AG pursuant to and in accordance with Schedule 1 of this Agreement all securities which are at present or are in the future deposited in any such GC Pooling Re-use Pledged Securities Account. The Clearing Member hereby undertakes to issue all relevant notices to and obtain all relevant acknowledgements from Clearstream Banking S.A. for the perfection of such pledge.