7.29.2

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Past version: Effective up to 16 Jul 2019

An OTCF Contract to which a Clearing Member who:

a. is the First Original OTCF Contract Counterparty; or

b. assumes the duties and obligations of the First Original OTCF Contract Counterparty

is a party shall only be terminated if the other OTCF Contract to which a Clearing Member who:

a. is the Second Original OTCF Contract Counterparty; or

b. assumes the duties and obligations of the Second Original OTCF Contract Counterparty

is a party is also terminated.