Common use of Collateral Management Service Agreements Clause in Contracts

Collateral Management Service Agreements. Eurex Clearing AG and the Pledgor shall enter into Collateral Management Service Agreements with CBL regarding the management of the collateral provided in the GC Pooling Re-use Basic Clearing Member Pledged Securities Account in accordance with the Clearing Conditions. In this regard: (a) Exercise of Voting and Related Rights Provided that the Pledgor decides to exercise any Voting and Related Rights attached to the Relevant Pledged Assets, the Pledgor shall first substitute the Relevant Pledged Assets in accordance with Clause 4.4 above. The Pledgee will not exercise any Voting and Related Rights in respect of any Relevant Pledged Assets.

Appears in 3 contracts

Sources: Pledge Agreement, Pledge Agreement, Pledge Agreement