Obligations of the Sponsor. 27.1 In the event that the Sponsor is suspended from the Settlement Facility, subject to an assertion of an interest in Securities controlled by the Sponsor, where the assertion is made by either a liquidator, receiver, administrator or trustee of the Sponsor: (a) the Security Owner has the right, within 20 Business Days of ASX Settlement giving notice of suspension, to give Notice to ASX Settlement requesting that the Sponsored Portfolio be removed either: i from the CHESS Subregister; or ii from the control of the suspended Sponsor to the control of another Sponsoring Participant with whom the Security Owner has entered into a valid sponsorship agreement pursuant to Rule
Appears in 6 contracts
Samples: Margin Loan Revised Terms and Conditions, Margin Loan Revised Terms and Conditions, Margin Loan Revised Terms and Conditions
