Clearing Member – Constituent (Custodial Participant) Agreement Sample Contracts

ANNEXURE 1 Clearing Member – Constituent (Custodial Participant) Agreement
Clearing Member – Constituent (Custodial Participant) Agreement • September 29th, 2020

This agreement is made on this ___________ day of ______, between ______________, a company/ partnership firm/ individual having its registered office/ office/ residence at ___________________ registered as a Clearing Member (hereinafter called the Clearing Member) with National Securities Clearing Corporation Ltd. (hereinafter called “NSCCL”) which expression shall unless repugnant to the context or meaning thereof include its successors, legal representatives and permitted assigns) and __________________________, a company/ partnership firm/ individual having its registered office/ office/ residence at ___________________ (hereinafter called “the Constituent ”) which expression shall unless repugnant to the context or meaning thereof include its successors, legal representatives and permitted assigns).

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This Agreement is made at _______________this day of 20……… by and between:
Clearing Member – Constituent (Custodial Participant) Agreement • September 24th, 2018

…………………………………………………………….., a Company formed and registered under the Companies Act, 1956, having its Registered Office at …………………………………………….. (hereinafter referred to as the “Clearing Member”, which expression shall, unless repugnant to the context, or meaning thereof include its successors, legal representatives and permitted assigns)

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