Common use of Guarantee offered by the Clearing House Clause in Contracts

Guarantee offered by the Clearing House. A clearing house is a body responsible for clearing balances between banks. For example, LCH Clearnet SA is the clearing house and sole central counterparty for the Euronext Paris, Brussels, Amsterdam and Lisbon markets. The guarantee provided by LCH.Clearnet SA includes payment, as well as the delivery of financial instruments in the event of a default by the seller. Therefore, the Clearing House ensures that transactions are recorded and guarantees its subscribers the proper completion of the transactions, as soon as it has taken them into account

Appears in 2 contracts

Samples: www.privatebank.hsbc.fr, www.privatebank.hsbc.fr

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Guarantee offered by the Clearing House. A clearing house is a body responsible for clearing balances between banks. For example, LCH Clearnet LCH.Clearnet SA is the clearing house and sole central counterparty for the Euronext Paris, Brussels, Amsterdam and Lisbon markets. The guarantee provided prov ided by LCH.Clearnet SA includes payment, as well as the delivery of financial f inancial instruments in the event ev ent of a default def xxxx by the seller. Therefore, the Clearing House ensures that transactions are recorded and guarantees its subscribers the proper completion of the transactions, as soon as it has taken them into account.

Appears in 2 contracts

Samples: Account Agreement, Account Agreement

Guarantee offered by the Clearing House. A clearing house is a body responsible for clearing balances between banks. For example, LCH Clearnet LCH.Clearnet SA is the clearing house and sole central counterparty for the Euronext Paris, Brussels, Amsterdam and Lisbon markets. The guarantee provided by LCH.Clearnet SA includes payment, as well as the delivery of financial instruments in the event of a default by the seller. Therefore, the Clearing House ensures that transactions are recorded and guarantees its subscribers the proper completion of the transactions, as soon as it has taken them into account

Appears in 1 contract

Samples: www.privatebank.hsbc.fr

Guarantee offered by the Clearing House. A clearing house is a body responsible for clearing balances between banks. For example, LCH Clearnet SA is the clearing house and sole central counterparty for the Euronext Paris, Brussels, Amsterdam and Lisbon markets. The guarantee provided by LCH.Clearnet SA includes payment, as well as the delivery of financial instruments in the event of a default by the seller. Therefore, the Clearing House ensures that transactions are recorded and guarantees to its subscribers the proper completion of the transactions, as soon as it has taken them into account. CHAPITRE 4 - MISCELLANEOUS PROVISIONS

Appears in 1 contract

Samples: Account Agreement

Guarantee offered by the Clearing House. A clearing house is a body responsible for clearing balances between banks. For example, LCH Clearnet SA is the clearing house and sole central counterparty for the Euronext Paris, Brussels, Amsterdam and Lisbon markets. The guarantee provided by LCH.Clearnet SA includes payment, as well as the delivery of financial instruments in the event of a default by the seller. Therefore, the Clearing House ensures that transactions are recorded and guarantees to its subscribers the proper completion of the transactions, as soon as it has taken them into account.

Appears in 1 contract

Samples: Account Agreement

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Guarantee offered by the Clearing House. A clearing house is a body responsible for clearing balances between banks. For example, LCH Clearnet the Clearing House LCH.Clearnet SA is the clearing house and sole central counterparty for the Euronext Paris, Brussels, Amsterdam Amsterdam, and Lisbon markets. The guarantee provided by LCH.Clearnet SA includes payment, as well as the delivery of financial instruments in the event of a default by the seller. Therefore, the Clearing House ensures that transactions are recorded and guarantees to its subscribers the proper completion of the transactions, as soon as it has taken them into account. CHAPITRE 4 – MISCELLANEOUS PROVISIONS

Appears in 1 contract

Samples: Account Agreement

Guarantee offered by the Clearing House. A clearing house is a body responsible for clearing balances between banks. For example, LCH Clearnet LCH.Clearnet SA is the clearing house and sole central counterparty for the Euronext Paris, Brussels, Amsterdam and Lisbon markets. The guarantee provided by LCH.Clearnet SA includes payment, as well as the delivery of financial instruments in the event of a default by the seller. Therefore, the Clearing House ensures that transactions are recorded and guarantees its subscribers the proper completion of the transactions, as soon as it has taken them into account.

Appears in 1 contract

Samples: Account Agreement

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