Common use of ISA Provisions – XXX XXXX Transactions Clause in Contracts

ISA Provisions – XXX XXXX Transactions. (1) If one or more Luxembourg XXX XXXX Pledged Securities Accounts have been established pursuant to Clause 2.1.2, in order to provide Margin for XXX XXXX Transactions in accordance with Chapter I Part 1 Number 3 and Part 4 Number 6 and Number 14 of the Clearing Conditions, the Clearing Member hereby pledges to Eurex Clearing AG pursuant to, and in accordance with, Schedule 1 of this Agreement all securities which are at present or are in the future deposited in the Luxembourg XXX XXXX Pledged Securities Account(s) (including any distributions under such securities to the extent permitted by, and provided in, Schedule 1). The Clearing Member hereby undertakes to issue all relevant notices to, and obtain all relevant acknowledgements from, CBL for the perfection of such pledge.