Common use of Elementary Clearing Model Provisions Clause in Contracts

Elementary Clearing Model Provisions. (Use of Xemac) – Own Transactions If one or more Xemac Pledged Securities Account(s) or CBF GC Pooling Re-use Pledged Securities Account(s) have been established pursuant to Clause 2.1.1, in order to provide Proprietary Margin in each case 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 Pledged Securities Account(s) or CBF GC Pooling Re-use Pledged Securities Account(s).