7A.01A.7

An event of default that is due to the insufficiency of a Clearing Member's Collateral deposited with, provided to or otherwise made available to the Clearing House to fully discharge such Clearing Member's obligations to the Clearing House, or is due to the insolvency of a Clearing Member, shall be deemed for the purpose of Chapter 7A to have occurred in each Contract Class that Clearing Member was clearing or had open commitment in at the time of default.

Added on 26 April 201326 April 2013 and amended on 17 July 201917 July 2019.