Common use of SECURITIES NOT GOOD FOR DELIVERY Clause in Contracts

SECURITIES NOT GOOD FOR DELIVERY. (a) Securities not good for delivery occurs when a transfer of ownership could not subsequently be registered by the registrar of the Company whose Securities are quoted on the official list of the Exchange. (b) The Clearing House may at its entire discretion prescribe directives on all matters relating to Securities not good for delivery.

Appears in 5 contracts

Samples: Rules and Regulations, Rules and Regulations, Rules and Regulations

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