Common use of Collateral Management Service Agreements Clause in Contracts

Collateral Management Service Agreements. Eurex Clearing AG and the Pledgor shall have entered into the Collateral Management Service Agreements with CBL for the management of the Relevant Pledged Assets standing from time to time to the credit of the CmaX Pledged Account(s). In this regard: (a) Exercise of Voting and Related Rights Provided that the Pledgor decides to exercise any Voting and Related Rights attached to a Relevant Pledged Asset, the Pledgor shall first substitute the Relevant Pledged Asset in accordance with item (c) below. The Pledgee will not exercise any Voting and Related Rights in respect of any Relevant Pledged Assets (unless and until enforcement of the Pledge occurs and the relevant Securities are no longer in the ownership of the Pledgor).

Appears in 2 contracts

Sources: Pledge Agreement, Pledge Agreement

Collateral Management Service Agreements. Eurex Clearing AG and the Pledgor Collateral Giver shall have entered into the Collateral Management Service Agreements with CBL for the management of the Relevant Pledged Assets standing from time to time to the credit of the CmaX Pledged Account(s). In this regard: (a) Exercise of Voting and Related Rights Provided that the Pledgor decides (through the Third-Party CM Account Holder) to exercise any Voting and Related Rights attached to a any Relevant Pledged Asset, the Pledgor Collateral Giver shall first substitute organise the substitution of the Relevant Pledged Asset in accordance with item (c) below. The Pledgee will not exercise any Voting and Related Rights in respect of any Relevant Pledged Assets (unless and until enforcement of the Pledge occurs and the relevant Securities are no longer in the ownership of the Pledgor).

Appears in 2 contracts

Sources: Pledge Agreement, Pledge Agreement

Collateral Management Service Agreements. Eurex Clearing AG and the Pledgor Collateral Giver shall have entered into the Collateral Management Service Agreements with CBL for the management of the Relevant Pledged Assets standing from time to time to the credit of the CmaX Pledged Account(s). In this regard: (a) Exercise of Voting and Related Rights Provided that the Pledgor decides (through the Third-Party Account Holder) to exercise any Voting and Related Rights attached to a any Relevant Pledged Asset, the Pledgor Collateral Giver shall first substitute organise the substitution of the Relevant Pledged Asset in accordance with item (c) below. The Pledgee will not exercise any Voting and Related Rights in respect of any Relevant Pledged Assets (unless and until enforcement of the Pledge occurs and the relevant Securities are no longer in the ownership of the Pledgor).

Appears in 1 contract

Sources: Pledge Agreement