Central Depository Service definition

Central Depository Service means the central depository service for Financial Instruments managed by a centralised depository company pursuant to article 80 of the CLF or by a Foreign Entity that offers services equivalent to the central depository services that are subject to regulatory measures equivalent to those set out in Italian law.
Central Depository Service means the central depository service for Financial Instruments managed by a centralised depository company pursuant to article 80 of the CLF or by a Foreign Entity indicated in the Instructions, with whom CC&G has established contractual agreements.
Central Depository Service means taking custody of the listed securities from the concerned securities owners and performing the jobs of maintaining their securities account, perform ing clearing and settlement of the securities transaction including transfer of securities and other similar jobs.

Examples of Central Depository Service in a sentence

  • Your Company’s shares are tradable compulsorily in electronic form and your Company has connectivity with both the Depositories i.e. National Securities Depository Limited (NSDL) and Central Depository Service (India) Limited (CDSL).

  • The deposit and restitution of Margins between CC&G and Clearing Members shall be effected through:a) PM Accounts held in Target2 System for cash in euros;b) accounts held at the Central Depository Service for Financial Instruments indicated at paragraph 1, sub-paragraphs b) and c).

  • Your Company’s shares are tradable compulsorily in electronic form and your Company has connectivity with both the Depositaries i.e. National Securities Depository Limited (NSDL) and Central Depository Service (India) Limited (CDSL).

  • The Company has entered into agreements with National Securities Depository Limited (NSDL) and Central Depository Service India Limited (CDSL) for this purpose.

  • A Company Secretary in-Practice carried out a reconciliation of Share Capital Audit to reconcile the total admitted share capital with National Securities Depository Limited and Central Depository Service (India) Limited (“Depositories”) and the total issued and listed capital.

  • If the financial instruments subject to the Guarantee deposited in favour of CC&G are redeemed or liquidated in any form by their respective issuers while they are still pledged in guarantee with the Central Depository Service, the pledge shall be converted into its relevant reimbursed or liquidated countervalue until the moment in which the Member proceeds to replace them with suitable financial instruments of comparable value.

  • National Securities Depository Limited (NSDL) and Central Depository Service (India) Limited (CDSL).

  • Guarantees are deposited in favour of CC&G and returned to the Member through securities accounts held by CC&G with the Central Depository Service with a sub- heading in the name of the Member.

  • Members are obliged to pledge appropriate financial instruments to CC&G through the Central Depository Service according to the criteria and by methods set out in this heading.

  • If not resolved, you may contact CDSL's Investor Relations Officers, Central Depository Service (India) Ltd., 17th Floor, P.J. Towers, Dalal Street, Mumbai - 400 001, Tel.


More Definitions of Central Depository Service

Central Depository Service. : shall mean the central depository service for

Related to Central Depository Service

  • Central Depository means Centrálny depozitár cenných papierov SR, a.s., with its registered seat at ul. 29. augusta 1/A, Bratislava 814 80, Slovak Republic, registered in the Commercial Register maintained by the District Court Bratislava I, Section: Sa, Insert No.: 493/B;

  • Central Depositories Act means the Securities Industry (Central Depositories) Act 1991 and every statutory amendment, modification or re-enactment thereof for the time being in force;

  • Depository System Participant means any participant in the Depository’s book- entry system.

  • Designated Depository Institution A depository institution (commercial bank, federal savings bank, mutual savings bank or savings and loan association) or trust company (which may include the Trustee), the deposits of which are fully insured by the FDIC to the extent provided by law.

  • Depository Institution Any depository institution or trust company, including the Trustee, that (a) is incorporated under the laws of the United States of America or any State thereof, (b) is subject to supervision and examination by federal or state banking authorities and (c) has outstanding unsecured commercial paper or other short-term unsecured debt obligations that are rated P-1 by Moody's, F1+ by Fitch and A-1 by Standard & Poor's.

  • Special Deposits have the meanings given to them from time to time under or pursuant to the Bank of England Act 1998 or (as may be appropriate) by the Bank of England;

  • Depository Account includes any commercial, checking, savings, time, or thrift account, or an account that is evidenced by a certificate of deposit, thrift certificate, investment certificate, certificate of indebtedness, or other similar instrument maintained by a Financial Institution in the ordinary course of a banking or similar business. A Depository Account also includes an amount held by an insurance company pursuant to a guaranteed investment contract or similar agreement to pay or credit interest thereon.

  • Clearing Account Agreement means that certain agreement relating to clearing account services by and among Mortgage Borrower, Lender and Clearing Account Bank, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time, relating to the operation and maintenance of, and application of funds in, the Clearing Account.

  • Depository Bank means the Institution that issues a specific Depositary Receipt on behalf of the underlying company. The Depository Bank maintains a holding of Stock in the Underlying on which it is able to issue Depositary Receipts;

  • Certificate Depository Agreement means the agreement among the Trust, the Depositor and The Depository Trust Company, as the initial Clearing Agency, dated as of the Closing Date, relating to the Trust Securities Certificates, substantially in the form attached as Exhibit B, as the same may be amended and supplemented from time to time.

  • central securities depository or ‘CSD’ means a central securities depository as defined in point (1) of Article 2(1) of Regulation (EU) No 909/2014.

  • Eligible Depository Any Reserve Bank or any depository institution or trust company incorporated under the laws of the United States of America or any state thereof and subject to supervision and examination by federal or state banking authorities, so long as at the time of determination of eligibility the commercial paper or other short-term debt obligations of such depository institution or trust company (or, in the case of a depository institution that is the principal subsidiary of a holding company, the commercial paper or other short-term debt obligations of such holding company) have the Highest Credit Rating Available from at least one Rating Agency.

  • Insured Depository Institution Insured Depository Institution shall have the meaning ascribed to such term by Section 1813(c)(2) of Title 12 of the United States Code, as amended from time to time.

  • Depository Agent is defined in Section 2.6(a) of the Agreement.

  • Fund Custody Account means any of the accounts in the name of the Trust, which is provided for in Section 3.2 below.

  • Depository Accounts shall have the meaning set forth in Section 4.15(h) hereof.

  • Depository Agreement With respect to Classes of Book-Entry Certificates, the agreement between the Trustee and the initial Depository.

  • Note Depository Agreement means the agreement, dated as of the Closing Date, between the Issuer and DTC, as the initial Clearing Agency relating to the Notes, as the same may be amended or supplemented from time to time.

  • Clearing Account has the meaning set forth in Section 2.7.1 hereof.

  • Central Repository means the repository responsible for the receipt, consolidation, and retention of all information reported to the CAT pursuant to SEC Rule 613 and the CAT NMS Plan.

  • Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.

  • Reserve Account Initial Deposit means cash or Eligible Investments having a value of at least $____________.

  • account information service means an online service to provide consolidated information on one or more payment accounts held by the payment service user with either another payment service provider or with more than one payment service provider;

  • Special deposit claim means a claim secured by a deposit made pursuant to statute for the security or benefit of a limited class or classes of persons, but not including a claim secured by general assets.

  • Initial Deposit shall have the meaning set forth in Section 2.5(a).