Common use of OPERATIONAL CAPABILITY Clause in Contracts

OPERATIONAL CAPABILITY. It has adequate personnel, physical facilities, systems, and internal procedures to enable it to satisfactorily communicate with the other Clearing Organization and fulfill all anticipated obligations arising under this Agreement with the necessary promptness and accuracy.

Appears in 3 contracts

Sources: Cross Margining Agreement, Cross Margining Agreement, Cross Margining Agreement, Netting Contract, Service Agreement