Book-Entry Only System definition

Book-Entry Only System means the book-based securities system administered by CDS in accordance with its operating rules and procedures in force from time to time;
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Book-Entry Only System means the book-based securities transfer system administered by CDS in accordance with its operating rules and procedures in force from time to time;
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Book-Entry Only System means the record entry securities transfer and pledge system established and governed by one or more agreements between CDS and CDS Participants pursuant to which the operating rules and procedures for such system are established and administered by CDS, including in relation to CDS.
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Examples of Book-Entry Only System in a sentence

  • If the Participant is not able to make or deliver the foregoing representation by initiating the electronic exercise of the Warrants, then such Warrants shall be withdrawn from the Book-Entry Only System, including CDSX, by the Participant and an individually registered Warrant Certificate shall be issued by the Warrant Agent to such Beneficial Owner or Participant and the exercise procedures set forth in Section 3.1(1) shall be followed.

  • A notice in form acceptable to the Participant and payment from such Beneficial Owner should be provided through the Book-Entry Only System sufficiently in advance so as to permit the Participant to deliver notice and payment to CDS and for CDS in turn to deliver notice and payment to the Warrant Agent prior to Time of Expiry.

  • Forthwith upon receipt by CDS of such notice, as well as payment for the Exercise Price, CDS shall deliver to the Warrant Agent confirmation of its intention to exercise Warrants (the "Confirmation") in a manner acceptable to the Warrant Agent, including by electronic means through the Book-Entry Only System, including CDSX.

  • In the case of Uncertificated Special Warrants, the Special Warrants purchased pursuant to this Section 5.1 shall be reflected accordingly on the register of the Special Warrants and in accordance with procedures prescribed by the Depository under the Book-Entry Only System.

  • Beneficial interests in the Global Subscription Receipt will be represented only through the Book-Entry Only System.


More Definitions of Book-Entry Only System

Book-Entry Only System means the record book-entry only securities transfer and pledge system administered by the Depository in accordance with its operating rules and procedures in force from time to time or any successor system thereof.
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Book-Entry Only System means the system maintained by the securities depository described in Section 2.11.
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Book-Entry Only System means the book-entry system of bond registration provided in Section 5, or any successor system of book-entry registration.
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Book-Entry Only System means the system maintained by the securities depository described in Sections 2.07 and 2.09.
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Book-Entry Only System means the book-entry only system administered by CDS.
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Book-Entry Only System means the book-based system administered by CDS for registration of interest in and transfer of the Units.
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Book-Entry Only System means the book-based securities transfer system administered by the Depository in accordance with its operating rules and procedures in force from time to time;
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