Examples of Uncertificated Securities in a sentence
UK law applies in relation to EUI in its capacity as a CSD, recognised payment system, operator of a relevant system for registration of dematerialised securities and as a system operator of a designated system, applicable provisions (as amended) include the Financial Services and Markets Xxx 0000 (FSMA), the UK CSDR, the Uncertificated Securities Regulations 2001, the Banking Xxx 0000 and the Financial Markets and Insolvency (Settlement Finality) Regulations 1999.
Each Pledged Interests Issuer that is party hereto agrees that it will comply with instructions of the Collateral Agent with respect to the applicable Uncertificated Securities without further consent by the applicable Grantor if an Event of Default has occurred and is continuing.
Types of Investment Property Certificated Securities PPSA, s 1.1; STA, s 23 Uncertificated Securities PPSA, s 1.1; STA, s 24 Security Entitlements PPSA, s 1.1; STA, s 25-26 “Indirect holding” The investors don’t have possession of the rights.
However, the registered holder of such Notes named in the Uncertificated Securities Register will be treated by the Issuer, the Paying Agent, the Transfer Agent and the CSD as the holder of that Outstanding Nominal Amount of such Notes for all purposes.
CREST Regulations the UK Uncertificated Securities Regulations 2001 (SI 2001 No. 3755).