Affiliate Member of Interbolsa means any authorised financial intermediary entitled to hold control accounts with Interbolsa on behalf of their customers and includes any depositary banks appointed by Euroclear and/or Clearstream, Luxembourg for the purpose of holding accounts on behalf of Euroclear and Clearstream, Luxembourg, respectively;
Affiliate Member of Interbolsa means any financial intermediary licensed to act as such and entitled to hold control accounts with Interbolsa;
Affiliate Member of Interbolsa means a financial institution licensed to act as a financial intermediary for the purposes of the Portuguese Securities Code and which is entitled to hold control accounts with Interbolsa on behalf of Noteholders. For the avoidance of doubt, Affiliate Members of Interbolsa include any depository banks appointed by: (i) Euroclear and Clearstream, for the purposes of holding accounts on behalf of Euroclear and Clearstream with Interbolsa; or (ii) other financial intermediaries that do not hold control accounts directly with Interbolsa.
Examples of Affiliate Member of Interbolsa in a sentence
Proof of such registration is made by means of a certificate issued by the relevant Affiliate Member of Interbolsa pursuant to article 78 of the Portuguese Securities Code.
Except as otherwise permitted in the Conditions or as ordered by a court of competent jurisdiction or required by law, EDP and the Portuguese Paying Agent may deem and treat the person or entity registered in the securities accounts of the relevant Affiliate Member of Interbolsa as the holder of any Book-Entry Notes and the absolute owner for all purposes (whether or not such Book-Entry Notes shall be overdue and notwithstanding any notice of ownership or otherwise).
More Definitions of Affiliate Member of Interbolsa
Affiliate Member of Interbolsa means any authorised financial intermediary entitled to hold control accounts with Interbolsa on behalf of their customers and includes any depository banks appointed by Euroclear and Clearstream, Luxembourg for the purpose of holding accounts on behalf of Euroclear and Clearstream, Luxembourg.
Affiliate Member of Interbolsa means a financial institution licensed to act as a financial intermediary for the purposes of the Portuguese Securities Code and which is entitled to hold control accounts with Interbolsa on behalf of Noteholders. For the avoidance of doubt, Affiliate Members of Interbolsa include any depository banks appointed by: (i) Euroclear and Clearstream, for the purposes of holding accounts on behalf of Euroclear and Clearstream with Interbolsa; or (ii) other financial intermediaries that do not hold control accounts directly with Interbolsa.One or more certificates in relation to the Notes (each a “Certificate”) will be delivered by the relevant Affiliate Member of Interbolsa in respect of its registered holding of Notes upon the request by the relevant Noteholder, in accordance with the procedures of such Affiliate Member of Interbolsa and pursuant to article 78 of the Portuguese Securities Code. Any Noteholder will, except as otherwise required by law, be treated as the absolute owner of the relevant Notes for all purposes regardless of the theft or loss of the Certificate issued in respect of such Notes, and no person will be liable for so treating any relevant Noteholder. Notes registered with Interbolsa have been attributed an International Securities Identification Number (ISIN) code through Interbolsa’s codification system and are accepted for clearing through CVM, the clearing system managed by Interbolsa, as well as through the clearing systems operated by Euroclear and Clearstream and settled by Interbolsa’s settlement system. Payments Payment of principal and interest in respect of the Notes will be (i) credited, according to the procedures and regulations of Interbolsa, to T2 payment current accounts held in the payment system of T2 by Affiliate Members of Interbolsa whose accounts with Interbolsa are credited with such Notes, and thereafter (iii) credited by such Affiliate Members of Interbolsa from the respective above mentioned payment current accounts to the accounts of the Noteholders or of Euroclear or Clearstream, Luxembourg with said Affiliate Members of Interbolsa, as the case may be. The Issuer must give Interbolsa advance notice of all payments and provide all necessary information for that purpose, notably, the identity of the financial intermediary registered with Interbolsa appointed by the Issuer to act as the paying and calculation agent in respect of the Notes (the “Paying Agent”) and to perform the relevant payments, as provided for i...
Affiliate Member of Interbolsa means a financial institution licensed to act as an authorised financial intermediary for the purposes of the Portuguese Securities Code and which entitled to hold control accounts with Interbolsa on behalf of Noteholders (and includes, for the avoidance of doubt, any banks or financial intermediaries appointed by Euroclear and Clearstream for the purpose of holding individual securities accounts on behalf of Euroclear and Clearstream).
Affiliate Member of Interbolsa means any authorised financial intermediary for the
Affiliate Member of Interbolsa means any financial intermediary licensed to act as such and entitledto hold control accounts with Interbolsa;
Affiliate Member of Interbolsa means a financial institution licensed to act as a financial intermediary for the purposes of the Portuguese Securities Code and which is entitled to hold control accounts with Interbolsa;
Affiliate Member of Interbolsa means any authorised financial intermediary entitled to hold control accounts with Interbolsa on behalf of Noteholders and includes any depository banks