Common use of Regulatory and Other Matters Clause in Contracts

Regulatory and Other Matters. All transactions negotiated or conducted utilizing ICE CHAT will be settled directly between Subscriber and the relevant counterparty in accordance with any separate agreements between Subscriber and such counterparty. ICE CHAT is not (i) a multilateral trade execution facility and does not function as a trading facility within the meaning of Section 1a (33) of the Commodity Exchange Act (“CEA”), (ii) a broker-dealer, exchange or alternative trading system for purposes of the Securities Exchange Act of 1934, as amended, or (iii) an entity or person in any jurisdiction outside of the United States of America having qualifications similar to the qualifications referenced in Sections 3(i) and (ii) of this Annex.

Regulatory and Other Matters. All transactions negotiated or conducted utilizing ICE CHAT will be settled directly between Subscriber and the relevant counterparty in accordance with any separate agreements between Subscriber and such counterparty. ICE CHAT is not (i) a multilateral trade execution trading facility and does not function as a trading facility within the meaning of Section 1a (33) of the Commodity Exchange Act (“CEA”), (ii) a broker-dealer, exchange or alternative trading system for purposes of the Securities Exchange Act of 1934, as amended, or (iii) an entity or person in any jurisdiction outside of the United States of America having qualifications similar to the qualifications referenced in Sections 3(i) and (ii) of this Annex.