Common use of Pledges of Securities in German Securities Accounts Clause in Contracts

Pledges of Securities in German Securities Accounts. 2.2.1 Basic Clearing Member Provisions (without use of Xemac) If one or more Basic Clearing Member German Pledged Securities Accounts have been established pursuant to Clause 2.1.1, in order to provide Basic Clearing Member Margin, in accordance with Chapter I Part 1 Number 3 and Part 5 Number 7 of the Clearing Conditions, the Basic Clearing Member hereby pledges to Eurex Clearing AG all securities which are at present or are in the future deposited in any such Basic Clearing Member German Pledged Securities Account(s).

Pledges of Securities in German Securities Accounts. 2.2.1 Basic Clearing Member ISA Direct Provisions (without use of XemacCmaX) If one or more Basic Clearing Member ISA Direct German Pledged Securities Accounts have been established pursuant to Clause 2.1.1, in order to provide Basic Clearing Member ISA Direct Margin, in accordance with Chapter I Part 1 Number 3 and Part 5 Number 7 of the Clearing Conditions, the Basic ISA Direct Clearing Member hereby pledges to Eurex Clearing AG all securities which are at present or are in the future deposited in any such Basic Clearing Member ISA Direct German Pledged Securities Account(s).