Asset Protection Scheme Sample Clauses

Asset Protection Scheme. Trade Republic is affiliated with the Compensation Scheme of Securities Trading Companies (Entschädigungseinrichtung der Wertpapierhandelsunternehmen – hereinafter "▇▇▇"). Pursuant to Sec. 6 (1) of the German Deposit Guarantee and Investor Compensation Act (Anlegerentschädigungsgesetz – hereinafter “AnlEntG”), the ▇▇▇ is established as a special fund of the German Federal Government with no legal capacity at the Credit Institute for Reconstruction (“Kreditanstalt für Wiederaufbau – hereinafter “KfW”). The AnlEntG is the legal basis for the activities of ▇▇▇.
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Asset Protection Scheme. Trade Republic joined the Compensatory Fund of Securities Trading Companies (hereinafter referred to as "▇▇▇"). Pursuant to Sec. 6 para. 1 of the German Investor Compensation Act (Anlegerentschädigungsgesetz - “AnlEntG”), the ▇▇▇ is established as a special fund of the German Federal Government with no legal capacity at the Kreditanstalt für Wiederaufbau (KfW). The AnlEntG is the legal basis for EdW's activities. ▇▇▇ provides compensation in accordance with the AnlEntG if an assigned securities trading company runs into financial difficulties and is no longer able to meet its obligations to its Customers arising from securities transactions. The Federal Financial Supervisory Authority (BaFin) determines when this condition is met and publishes this decision in the Federal Gazette ("Bundesanzeiger"). The claim for compensation amounts to 90% of the investor's claim from securities transactions against Trade Republic, up to a maximum of EUR 20,000.00. There is no claim for compensation if funds are not denominated in the currency of an EU member state or in euros. Further reasons for exclusion are set out in Sec. 3 para. 2 AnlEntG. If Trade Republic itself has to file for insolvency and any payments resulting from securities transactions have not yet been booked to the Omnibus Trust Account, the Customer is protected by the ▇▇▇ - as described above - up to an amount of EUR 20,000.00. However, transactions in crypto assets (i.e. also so-called currency tokens) that are tradable via Trade Republic do not count as securities transactions within the meaning of the AnlEntG (cf. Sec. 1 para. 2 no. 1 AnlEntG). Therefore, there is no statutory compensation scheme for transactions in crypto assets. The Trust Banks used by Trade Republic are affiliated with a statutory compensation scheme. Further information can be found in the information sheet for the depositor and on the website of the respective compensation institution. Trade Republic will inform the Customer of the relevant compensation scheme.
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Related to Asset Protection Scheme

  • Meadow Protection Reasonable care shall be taken to avoid damage to the cover, soil, and wa- ter in ▇▇▇▇▇▇▇ shown on Sale Area Map. Vehicular or skidding equipment shall not be used on ▇▇▇▇▇▇▇, ex- cept where roads, landings, and tractor roads are ap- proved under B5.1 or B6.422. Unless otherwise agreed, trees felled into ▇▇▇▇▇▇▇ shall be removed by endlining.

  • CLEAN AIR ACT AND THE FEDERAL WATER POLLUTION CONTROL ACT (a) If the Sub-Recipient, with the funds authorized by this Agreement, enters into a contract that exceeds $150,000, then any such contract must include the following provision: Contractor agrees to comply with all applicable standards, orders or regulations issued pursuant to the Clean Air Act (42 U.S.C. 7401-7671q) and the Federal Water Pollution Control Act as amended (33 U.S.C. 1251-1387), and will report violations to FEMA and the Regional Office of the Environmental Protection Agency (EPA).

  • OF CLEAN AIR ACT AND FEDERAL WATER POLLUTION CONTROL ACT This provision is applicable to all Federal-aid construction contracts and to all related subcontracts. By submission of this bid/proposal or the execution of this contract, or subcontract, as appropriate, the bidder, proposer, Federal-aid construction contractor, or subcontractor, as appropriate, will be deemed to have stipulated as follows: 1. That any person who is or will be utilized in the performance of this contract is not prohibited from receiving an award due to a violation of Section 508 of the Clean Water Act or Section 306 of the Clean Air Act. 2. That the contractor agrees to include or cause to be included the requirements of paragraph (1) of this Section X in every subcontract, and further agrees to take such action as the contracting agency may direct as a means of enforcing such requirements.

  • Federal Water Pollution Control Act The contractor agrees to comply with all applicable standards, orders, or regulations issued pursuant to the Federal Water Pollution Control Act, as amended, 33 U.S.C. 1251 et seq.

  • Clean Air Act and Federal Water Pollution Control Act The contractor agrees to comply with all applicable standards, orders or regulations issued pursuant to the Clean Air Act, as amended, 42 U.S.C. § 7401 et seq.