Common use of Instructions and Transactions Clause in Contracts

Instructions and Transactions. 5.1 Each Instruction given by the Member and each Authorised User and/or Authorised System, as appropriate, shall be in accordance with this Access Agreement and also with the Membership Agreement unless expressly stated otherwise in this Access Agreement. The provision of the Underlying Services by LCH to the Member shall at all times be governed by the terms and conditions of the Membership Agreement. The Member is only permitted to enter Instructions in connection with those Transactions which it is permitted to carry out pursuant to the Membership Agreement.

Appears in 2 contracts

Samples: Collateral Management System Access Agreement, Collateral Management System Access Agreement

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Instructions and Transactions. 5.1 Each Instruction given by the Member and each Authorised User and/or Authorised System, as appropriate, shall be in accordance with this Access Agreement and also with the Membership Agreement unless expressly stated otherwise in this Access Agreement. The provision of the Underlying Services by LCH to the Member shall at all times be governed by the terms and conditions of the Membership Agreement. The Member is only permitted to enter Instructions in connection with those Transactions which it is permitted to carry out pursuant to the Membership Agreement.

Appears in 1 contract

Samples: Collateral Management System Access Agreement

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Instructions and Transactions. 5.1 Each Instruction given by the Member and each Authorised Authorized User and/or Authorised System, as appropriate, shall be given in accordance with this Access Agreement and also with the Membership Agreement unless expressly stated otherwise in this Access Agreement. The provision of the Underlying Services by LCH to the Member shall at all times be governed by the terms and conditions of the Membership Agreement. The Member is only permitted to enter Instructions in connection with those Transactions which it is permitted to carry out pursuant to the Membership Agreement.

Appears in 1 contract

Samples: Collateral Management System Access Agreement

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