Common use of German domestic custody Clause in Contracts

German domestic custody. In the case of German domestic safekeeping of Securities, Trade Republic is liable for any fault on the part of its employees and the persons it instructs to fulfill its obligations (“Erfüllungsgehilfe”). To the extent that a GS-Credit is issued to the Customer, Trade Republic is also liable for the fulfillment of Clearstream Banking AG's obligations.

Appears in 15 contracts

Samples: Customer Agreement, Customer Agreement, Customer Agreement

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German domestic custody. In the case of German domestic safekeeping of Securitiessecurities, Trade Republic is liable for any fault on the part of its employees and the persons it instructs to fulfill its obligations (Erfüllungsgehilfe). To the extent that a GS-Credit GS credit is issued to the Customer, Trade Republic is also liable for the fulfillment of Clearstream Banking AG's obligations.

Appears in 5 contracts

Samples: Customer Agreement, Customer Agreement, Customer Agreement

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German domestic custody. In the case of German domestic safekeeping of Securities, Trade Republic is liable for any fault on the part of its employees and the persons it instructs to fulfill its obligations (Erfüllungsgehilfe). To the extent that a GS-Credit is issued to the Customer, Trade Republic is also liable for the fulfillment of Clearstream Banking AG's obligations.

Appears in 3 contracts

Samples: Customer Agreement, Customer Agreement, Customer Agreement

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