The Exchange may exercise any of the powers set forth in Rule 7.3 if any of the following events occur, which adversely impacts on a Member, Approved Trader or Registered Representative's ability to meet its obligations under this Rules (collectively, "Adverse Events"):
(a) an Emergency;
(b) a Delivery Default;
(c) Force Majeure;
(d) the Clearing House declares an event of default as contemplated in Rule 7A.01A.1 of the Clearing Rules, or a Trigger Event as contemplated in Rule 7A.01C of the Clearing Rules, or in the event that the Connect ceases to operate;
(e) a Member, Approved Trader or Registered Representative is charged before a disciplinary body in any other exchange or regulated market or charged in any court of law in relation to market misconduct;
(f) a Member, Approved Trader or Registered Representative who trades in non-Exchange instruments such as over-the-counter instruments, foreign exchange instruments or other instruments, whether onshore or offshore, suffers an adverse event which impacts on the Member's ability to meet its financial obligations to the Exchange; or
(g) any other event which, in the Exchange's opinion, materially impacts or is likely to materially impact on a Member, Approved Trader or Registered Representative's ability to meet its obligations under this Rules.
Amended on 7 August 20127 August 2012 and 29 July 2022.