Common use of Claims for Compensation Clause in Contracts

Claims for Compensation. 10.1 Except for operation of clauses 3.4 and 10.3 no external compensation arrangements apply to the Participant Sponsored Holder. 10.2 If the Sponsoring Participant breaches a provision of this Agreement and the Participant Sponsored Holder makes a claim for compensation pursuant to the breach, the ability of the Sponsoring Participant to satisfy that claim will depend on the financial circumstances of the Sponsoring Participant. 10.3 If a breach Clear by a Participant of a provision of this Agreement falls within the circumstances specified in the compensation arrangements applicable to the Approved Market Operator or the Clearing Participant of ASX Clear under the Corporations Act and Corporations Regulations, a Participant Sponsored Holder may make a claim under the relevant compensation arrangements.

Claims for Compensation. 10.1 6.1 Except for the operation of clauses 3.4 2.2.5 and 10.3 6.3 no external compensation arrangements apply to the Participant Sponsored Holder. 10.2 6.2 If the Sponsoring Participant breaches a provision of this Agreement and the Participant Sponsored Holder makes a claim for compensation pursuant to the that breach, the ability of the Sponsoring Participant to satisfy that claim will depend on the financial circumstances of the Sponsoring Participant. 10.3 6.3 If a breach Clear by a Participant of a provision of this Agreement falls within the circumstances specified in the compensation arrangements applicable to the Approved Market Operator or the Clearing Participant of ASX Clear under the Corporations Act and Corporations Regulations, a Participant Sponsored Holder may make a claim under the relevant compensation arrangements.