Common use of Settlement Capability Clause in Contracts

Settlement Capability. You either (i) are a CDS participant in respect of equity securities, or (ii) have a clearing arrangement with a Clearing Party that is a CDS participant in respect of equity securities, as required under Section 3 above.

Appears in 4 contracts

Sources: Subscriber Agreement, Subscriber Agreement, Subscriber Agreement

Settlement Capability. You either (i) are a CDS participant in respect of equity and other securities, or (ii) have a clearing arrangement with a Clearing Party that is a CDS participant in respect of equity and other securities, as required under Section 3 above.

Appears in 3 contracts

Sources: Subscriber Agreement, Subscriber Agreement, Subscriber Agreement

Settlement Capability. You either (i) are a CDS participant in respect of equity and other securities, or (ii) have a clearing arrangement with a Clearing Party that is a CDS participant in respect of equity and other securities, as required re- quired under Section 3 above.

Appears in 1 contract

Sources: Subscriber Agreement