Common use of Participant Eligibility Clause in Contracts

Participant Eligibility. By executing this application and whenever using the Services, the undersigned hereby represents and warrants that Participant meets the eligibility requirements as set forth in Rule 3.2 of the LedgerX Rulebook, as amended from time to time, and if trading through the SEF is an Eligible Contract Participant (“ECP”). Further, each time such Participant or any of its Authorized Representatives enters an order, effects a transaction or otherwise uses the Services, Participant represents, warrants and reaffirms that Participant meets the eligibility requirements as set forth in Rule 3.2 of the LedgerX Rulebook, and if trading through the SEF is an ECP.

Participant Eligibility. By executing this application and whenever using the Services, the undersigned hereby represents and warrants that Participant meets the eligibility requirements as set forth in Rule 3.2 of the LedgerX Rulebook, as amended from time to time, and if trading through the SEF is an Eligible Contract Participant (“ECP”). Further, each time such Participant or any of its Authorized Representatives enters an order, effects a transaction or otherwise uses the Services, Participant represents, warrants and reaffirms that Participant meets the eligibility requirements as set forth in Rule 3.2 of the LedgerX Rulebook, and if trading through the SEF is an ECP.