Common use of Admin Users Clause in Contracts

Admin Users. (a) The Member shall request for Administration System access rights for its first Admin User or a replacement Admin User in the event all registered Admin Users have been removed pursuant to clause 3.2(b)(iii) by submitting a copy of the Form for Notification of Admin User for CMS signed by its Authorised Signatory to LCH via email. LCH shall check the signed Form for Notification of Admin User for CMS received from the Member and, provided LCH accepts the Member’s request to register the Admin User, LCH shall register the Admin User to access and use the Administration System and send the relevant Access Details to the Admin User. Access to the Administration System for subsequent and additional Admin Users may be requested by an existing Admin User via the Administration System. (b) Once registered, the Admin User can access the Administration System solely for the following purposes: (i) To request registration of another Admin User (excluding Super Users) using the online registration form in the Administration System; (ii) To request registration of an Authorised User using the online registration form in the Administration System; or (iii) To terminate an Admin User’s right to access and use the Administration System or Authorised User’s right to access and use CMS. In the event there is only one Admin User, at least one additional Admin User must be registered before terminating the former Admin User’s right to access and use the Administration System. (c) Save for Admin Users who are Super Users, Admin Users shall not have access to CMS.

Admin Users. (a) The Member shall on its own behalf or on the behalf of a Service Provider request for Administration System access rights for its a first Admin User or a replacement Admin User in the event all registered Admin Users have been removed pursuant to clause 3.2(b)(iii) by submitting a copy of the Form for Notification of Admin User for CMS signed by its Authorised Signatory to LCH via email. LCH shall check the signed Form for Notification of Admin User for CMS received from the Member and, provided LCH accepts the Member’s request to register the Admin User, LCH shall register the Admin User to access and use the Administration System and send the relevant Access Details to the Admin User. Access to the Administration System for subsequent and additional Admin Users may be requested by an existing Admin User via the Administration System. (b) . Once registered, the Admin User can access the Administration System solely for the following purposes: (i) : To request registration of another Admin User (excluding Super Users) using the online registration form in the Administration System; (ii) ; To request registration of an Authorised User using the online registration form in the Administration System; or (iii) or To terminate an Admin User’s right to access and use the Administration System or Authorised User’s right to access and use CMS. In the event there is only one Admin User, at least one additional Admin User must be registered before terminating the former Admin User’s right to access and use the Administration System. (c) . Save for Admin Users who are Super Users, Admin Users shall not have access to CMS.