Common use of Security Purpose (Sicherungszweck Clause in Contracts

Security Purpose (Sicherungszweck. of the Pledges The pledges of the Securities pursuant to Clause 2.2.1 and/or Clause 2.2.2 (each in connection with Clause 2.2.3), Clause 2.4.1 and/or Clause 2.4.2 (each in connection with Clause 2.4.3) shall secure the claims specified in Chapter I Part 5 Number 7.6.2 of the Clearing Conditions (the “BCM Secured Claims”).

Appears in 3 contracts

Samples: Pledge Agreement, Pledge Agreement, Pledge Agreement

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Security Purpose (Sicherungszweck. of the Pledges The pledges of the Securities pursuant to Clause 2.2.1 and/or Clause 2.2.2 (each in connection with Clause 2.2.3), Clause 2.4.1 and/or Clause 2.4.2 (each in connection with Clause 2.4.3) shall secure the claims specified in Chapter I Part 5 6 Subpart A Number 7.6.2 of the Clearing Conditions (the “BCM ISA Direct Secured Claims”).

Appears in 1 contract

Samples: Pledge Agreement

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