This document outlines the terms and conditions of a DBV (Delivery By Value) Transaction involving Purchased Securities through CREST. It specifies the responsibilities of the Buyer and Seller regarding the delivery and payment of securities, including scenarios of non-delivery due to termination or suspension of CREST membership or insufficient securities or cash. It also details the obligations arising after an Event of Default under the Agreement.
documents/vol00010-efta01360264-pdf.pdf
{"document_type":"legal","document_subtype":"contract","key_organizations":["CREST"],"reference_numbers":["DB-SDNY-0048511","SDNY_GM_00194695","EFTA01360264"]}