8.6C.1

Past version: Effective from 22 Apr 2013 to 05 Sep 2021

In respect of any or all New Purchase Contracts and any or all New Sale Contracts for the same customer, CDP shall be entitled (but not obliged) to set-off:

(1) any or all moneys due from CDP to such customer, including without limitation the proceeds from the force-sale pursuant to Rule 8.4.2 and the sale consideration pursuant to Rule 8.6.1; against
(2) any or all moneys due from such customer to CDP, including without limitation the purchase consideration pursuant to Rule 8.3.1, all losses and expenses consequent upon any force-sale pursuant to Rule 8.4.3 and all losses and expenses consequent upon any acquiring of securities pursuant to Rule 8.5.1.

Added on 22 April 201322 April 2013.