Common use of Management of Collateral Clause in Contracts

Management of Collateral. 4.8.1 SIX SIS shall manage the Collateral within the framework of the SIX SIS Rules and Regulations. SIX SIS shall inform the Guarantor on an ongoing basis of the rights associated with the securities, such as terminations, subscription rights and repayments. The Guarantor undertakes to inform SIX SIS in good time of the action required in managing the Collateral. 4.8.2 SIX SIS shall inform SSX of forthcoming corporate actions affecting the Collateral. Where possible, SIX SIS shall substitute this Collateral with other Collateral, in accordance with the SIX SIS Rules and Regulations. 4.8.3 If securities are converted, the converted securities shall automatically be subject to a security interest as described in clause 4.