Common use of Guarantee Fund Clause in Contracts

Guarantee Fund. 1) The Member must participate in the guarantee fund being represented and managed by Takasbank, which has been established to cover any loss exceeding the collateral due to the default of the Member or other institutions trading in Borsa Istanbul Money Market.

Appears in 2 contracts

Samples: Participant Agreement, www.takasbank.com.tr

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Guarantee Fund. 1) The Member must participate in the guarantee fund being represented and managed by Takasbank, which has been established to cover any loss exceeding the collateral due to the default of the Member or other institutions trading in Borsa Istanbul Money Swap Market.

Appears in 1 contract

Samples: Participant Agreement

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Guarantee Fund. 1) The Member must participate in the guarantee fund being represented and managed by Takasbank, which has been established to cover any loss exceeding the collateral due to the default of the Member or other institutions trading in Borsa Istanbul Money Debt Securities Market.

Appears in 1 contract

Samples: Participant Agreement

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