Common use of Member’s Obligations Clause in Contracts

Member’s Obligations. 5.1. The Member will comply with Aquis’ reasonable test requirements in relation to connectivity, IT systems and such other matters as Aquis may reasonably specify. 5.2. The Member shall maintain a connection to Aquis MTF of such minimum quality as Aquis may reasonably prescribe from time to time in accordance with the Technical Specification(s). The Member is solely responsible for connecting to, and maintaining its connection to, Aquis MTF. 5.3. The Member shall ensure that it meets the continuing obligations requirements as set out in the Rules as amended. 5.4. The Member shall provide Aquis with prior written notice (or, if not possible, as soon as reasonably practicable notice): 5.4.1. of any proposed or actual changes to its clearing arrangements and any material proposed or actual changes to its connectivity arrangements or IT systems; 5.4.2. of any Change of Controller; 5.4.3. of any material change in business or financial condition, or legal status that could affect the Member’s ability to comply with the Rules; and/or 5.4.4. in the event the Member becomes or is deemed insolvent, or has a receiver, administrative receiver, administrator or manager appointed over the whole or any part of its assets or business or is unable to pay its debts as they fall due. 5.5. The Member agrees that (to the extent it owns any rights to the same) Aquis may possess or use Member Data for any legitimate business purpose. Aquis shall not distribute such data to any third party without the prior written consent of the Member. Aquis will ensure that Member Data is de-identified and aggregated in a manner that does not directly identify or link the Member with any orders or transactions, where such Member Data is used in a data feed or otherwise made available to third parties. 5.6. The Member confirms that they comply with all applicable anti-corruption laws including the Xxxxxxx Xxx 0000. 5.7. The Member may not act as a Liquidity Provider on Aquis MTF unless and until it has executed a Liquidity Provider Addendum with Aquis.

Appears in 2 contracts

Samples: Member Participation Agreement, Member Participation Agreement

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Member’s Obligations. 5.1. The Member will comply with Aquis’ reasonable test requirements in relation to connectivity, IT systems and such other matters as Aquis may reasonably specify. 5.2. The Member shall maintain a connection to Aquis MTF AQSE Markets of such minimum quality as Aquis may reasonably prescribe from time to time in accordance with the Technical Specification(s). The Member is solely responsible for connecting to, and maintaining its connection to, Aquis MTFAQSE Markets. 5.3. The Member shall ensure that it meets the continuing obligations requirements as set out in the Rules as amended. 5.4. The Member shall provide Aquis with prior written notice (or, if not possible, as soon as reasonably practicable notice): 5.4.1. of any proposed or actual changes to its clearing arrangements and any material proposed or actual changes to its connectivity arrangements or IT systems; 5.4.2. of any Change of Controller; 5.4.3. of any material change in business or financial condition, or legal status that could affect the Member’s ability to comply with the Rules; and/or 5.4.4. in the event the Member becomes or is deemed insolvent, or has a receiver, administrative receiver, administrator or manager appointed over the whole or any part of its assets or business or is unable to pay its debts as they fall due. 5.5. The Member agrees that (to the extent it owns any rights to the same) Aquis may possess or use Member Data for any legitimate business purpose. Aquis shall not distribute such data to any third party without the prior written consent of the Member. Aquis will ensure that Member Data is de-identified and aggregated in a manner that does not directly identify or link the Member with any orders or transactions, where such Member Data is used in a data feed or otherwise made available to third parties. 5.6. The Member confirms that they comply with all applicable anti-corruption laws including the Xxxxxxx Xxx 0000. 5.7. The Member may not act as a Liquidity Provider on Aquis MTF unless and until it has executed a Liquidity Provider Addendum with Aquis.

Appears in 1 contract

Samples: Member Participation Agreement

Member’s Obligations. 5.1. The Member will comply with Aquis’ reasonable test requirements in relation to connectivity, IT systems and such other matters as Aquis may reasonably specify. 5.2. The Member shall maintain a connection to Aquis MTF of such minimum quality as Aquis may reasonably prescribe from time to time in accordance with the Technical Specification(s). The Member is solely responsible for connecting to, and maintaining its connection to, Aquis MTF. 5.3. The Member shall ensure that it meets the continuing obligations requirements as set out in the Rules as amended. 5.4. The Member shall provide Aquis with prior written notice (or, if not possible, as soon as reasonably practicable notice): 5.4.1. of any proposed or actual changes to its clearing arrangements and any material proposed or actual changes to its connectivity arrangements or IT systems; 5.4.2. of any Change of Controller; 5.4.3. of any material change in business or financial condition, or legal status that could affect the Member’s ability to comply with the Rules; and/or 5.4.4. in the event the Member becomes or is deemed insolvent, or has a receiver, administrative receiver, administrator or manager appointed over the whole or any part of its assets or business or is unable to pay its debts as they fall due. 5.5. The Member agrees that (to the extent it owns any rights to the same) Aquis may possess or use Member Data for any legitimate business purpose. Aquis shall not distribute such data to any third party without the prior written consent of the Member. Aquis will ensure that Member Data is de-identified and aggregated in a manner that does not directly identify or link the Member with any orders or transactions, where such Member Data is used in a data feed or otherwise made available to third parties. 5.6. The Member confirms that they comply with all applicable anti-corruption laws including the Xxxxxxx Xxx 0000laws. 5.7. The Member may not act as a Liquidity Provider on Aquis MTF unless and until it has executed a Liquidity Provider Addendum with Aquis.

Appears in 1 contract

Samples: Member Participation Agreement

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Member’s Obligations. 5.1. The Member will comply with Aquis’ reasonable test requirements in relation to connectivity, IT systems and such other matters as Aquis may reasonably specify. 5.2. The Member shall maintain a connection to Aquis MTF AQSE Markets of such minimum quality as Aquis may reasonably prescribe from time to time in accordance with the Technical Specification(s). The Member is solely responsible for connecting to, and maintaining its connection to, Aquis MTFAQSE Markets. 5.3. The Member shall ensure that it meets the continuing obligations requirements as set out in the Rules as amended. 5.4. The Member shall provide Aquis with prior written notice (or, if not possible, as soon as reasonably practicable notice): 5.4.1. of any proposed or actual changes to its clearing arrangements and any material proposed or actual changes to its connectivity arrangements or IT systems; 5.4.2. of any Change of Controller; 5.4.3. of any material change in business or financial condition, or legal status that could affect the Member’s ability to comply with the Rules; and/or 5.4.4. in the event the Member becomes or is deemed insolvent, or has a receiver, administrative receiver, administrator or manager appointed over the whole or any part of its assets or business or is unable to pay its debts as they fall due. 5.5. The Member agrees that (to the extent it owns any rights to the same) Aquis may possess or use Member Data for any legitimate business purpose. Aquis shall not distribute such data to any third party without the prior written consent of the Member. Aquis will ensure that Member Data is de-identified and aggregated in a manner that does not directly identify or link the Member with any orders or transactions, where such Member Data is used in a data feed or otherwise made available to third parties. 5.6. The Member confirms that they comply with all applicable anti-corruption laws including the Xxxxxxx Xxx 0000Bribery Act 2010. 5.7. The Member may not act as a Liquidity Provider on Aquis MTF unless and until it has executed a Liquidity Provider Addendum with Aquis.

Appears in 1 contract

Samples: Member Participation Agreement

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