Common use of Eurex Clearing AG and the Clause in Contracts

Eurex Clearing AG and the. Clearing Member hereby agree that, as of the Effective Date, the security interests held by Eurex Clearing AG in the Respective Securities shall no longer secure rights and claims of Eurex Clearing AG against the Clearing Member under the Current Clearing Model Provisions and instead shall secure rights and claims of Eurex Clearing AG against the Clearing Member under the New Clearing Model Provisions.

Appears in 4 contracts

Samples: Clearing Model Change Agreement, Clearing Model Change Agreement, Clearing Model Change Agreement

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Eurex Clearing AG and the. Current Clearing Member hereby agree that, as following the Transfer of the Effective DateRespective Transactions, the security interests held by Eurex Clearing AG in the Respective Securities shall no longer secure rights and claims of Eurex Clearing AG against the Clearing Member under the Current Clearing Model Provisions and instead shall secure rights and claims of Eurex Clearing AG against the Clearing Member under the New Clearing Model ProvisionsMember.

Appears in 3 contracts

Samples: Clearer Change Agreement, Clearer Change Agreement, Clearer Change Agreement

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