Common use of Allocation Platform Clause in Contracts

Allocation Platform. 1. The allocation platform shall undertake the allocation functions in accordance with these allocation rules and in accordance with relevant legislation. 2. For the purposes of these allocation rules the allocation platform shall be the party signing the participation agreement with the registered participant. 3. For the purpose of the participation agreement with the registered participant, the allocation platform shall publish a consolidated version of these allocation rules thereto as they enter into force in accordance with the applicable national regulatory regimes. In case of a conflict between the consolidated version by the allocation platform and the allocation rules including the annexes as entered into force in accordance with the applicable national regulatory regimes, the latter shall prevail.

Allocation Platform. ‌ 1. The allocation platform shall undertake the allocation functions in accordance with these allocation rules and in accordance with relevant legislation. 2. For the purposes of these allocation rules the allocation platform shall be the party signing the participation agreement with the registered participant. 3. For the purpose of the participation agreement with the registered participant, the allocation platform shall publish a consolidated version of these allocation rules thereto as they enter into force in accordance with the applicable national regulatory regimes. In case of a conflict between the consolidated version by the allocation platform and the allocation rules including the annexes as entered into force in accordance with the applicable national regulatory regimes, the latter shall prevail.