CREST member definition

CREST member means a person who has been admitted by Euroclear as a system-member (as defined in the CREST Regulations);
CREST member means a person who has been admitted by CRESTCo as a system-member (as defined in the CREST Regulations);
CREST member means a person who has been admitted by Euroclear as a system

Examples of CREST member in a sentence

  • It is the responsibility of the CREST member concerned to take (or, if the CREST member is a CREST personal member or sponsored member or has appointed a voting service provider(s), to procure that his CREST sponsor or voting service provider(s) take(s)) such action as shall be necessary to ensure that a message is transmitted by means of the CREST system by any particular time.

  • It is the responsibility of the CREST member concerned to take (or, if the CREST member is a CREST personal member or sponsored member or has appointed any voting service provider(s), to procure that his/her CREST sponsor or voting service provider(s) take(s)) such action as shall be necessary to ensure that a message is transmitted by means of the CREST system by any particular time.

  • The provisions of the second paragraph of this Condition 3.7 shall apply equally in the case that a holder ceases to be a CREST member, but for such purposes only the affected holder will need to be notified of the procedures adopted.

  • It is the responsibility of the CREST member concerned to take (or, if the CREST member is a CREST personal member, or sponsored member, or has appointed a voting service provider, to procure that his CREST sponsor or voting service provider(s) take(s)) such action as shall be necessary to ensure that a message is transmitted by means of the CREST system by any particular time.

  • The stock accounts to be credited will be accounts under the same CREST participant IDs and CREST member account IDs in respect of which the USE Instruction was given.


More Definitions of CREST member

CREST member means a person who has been admitted by Euroclear UK & Ireland as a system-member of the CREST System;
CREST member means either the Custodian or such entity as may be acting as nominee of the Custodian from time to time for the purposes of participation in the CREST System;
CREST member means a person who has been admitted by CRESTCo as a system-member (as defined in the Regulations)
CREST member means a person who has been admitted by Euroclear UK & Ireland as a system-member (as defined in the CREST Regulations)
CREST member a person who has been admitted by the Operator as a member of the CREST system; "CREST Rules" rules within the meaning of the Regulations and/or the Financial Services and Markets Xxx 0000 made by the Operator and any rules made by CRESTCo Limited as operator of a designated system under or pursuant to Directive 98/26/EC on settlement finality in payment and securities settlement systems; "CREST system" the meaning ascribed thereto in the Glossary of the CREST Manual; "CREST Transfer" the form of stock transfer in use from time to time within the CREST system for a transfer of a certificated unit of a participating security to a CREST member to be held by a CREST member in uncertificated form which has been completed with a specified number of Samsonite Corporation Securities and executed by or on behalf of the holder of such Samsonite Corporation Securities; "Custodian" subject to clause 3.3, any custodian or custodians, or any nominee of any such custodian, of the Deposited Property as may from time to time be appointed by the Depositary for the purposes of this Deed; "Demat Form" the CREST Dematerialisation Request Form in use from time to time within the CREST system for conversion of a unit of a participating security held by a CREST member into uncertificated form which has been completed with a specified number of Samsonite Corporation Securities and executed by or on behalf of the holder of such Samsonite Corporation Securities; "Deposited Property" in relation to a particular Class of Samsonite Corporation Securities, the Deposited Samsonite Corporation Securities and all and any rights and other securities, property and cash for the time being held by or for the Custodian or the Depositary and attributable to the Deposited Samsonite Corporation Securities; "Deposited Samsonite Corporation Securities" means Samsonite Corporation Securities of a particular Class or entitlements thereto from time to time credited to an account of the Custodian on behalf of the Depositary in the Share Register which are to be held under the terms of this Deed and in respect of which Samsonite Corporation Depositary Interests of a series representing that Class of Samsonite Corporation Securities shall be issued pursuant to the terms of this Deed; "FSA" means the Financial Services Authority established in terms of section 1 Financial Services and Markets Xxx 0000;
CREST member means a person who has been admitted by Euroclear UKas a system-member (as defined in the CREST Regulations);“CREST Regulations”means the Uncertificated Securities Regulations 2001 (SI 2001 No. 3755), as amended from time to time;“CREST sponsor”means a CREST participant admitted to CREST as a CREST sponsor;“CREST sponsored member”means a CREST member admitted to CREST as a sponsored member;“Directors”means the directors of the Company (as at the date of the Prospectus unless otherwise stated);“Enlarged Share Capital”means the expected issued ordinary share capital of the Company immediately following the issue of the New Ordinary Shares;“Euroclear UK”means Euroclear UK & Ireland Limited, the operator of CREST;“Excess Application Facility”means the arrangement pursuant to which Qualifying Shareholders may apply for New Ordinary Shares in excess of their Open Offer Entitlements;“Excess Open Offer Entitlements”means, in respect of each Qualifying Shareholder, the conditional entitlement to apply for Excess Open Offer Shares under the Excess Application Facility, which are subject to allocation in accordance with the Prospectus;“Excess Open Offer Shares”means the New Ordinary Shares which Qualifying Shareholders will be invited to subscribe for pursuant to the Excess Application Facility;“Existing Ordinary Shares”means, in relation to a particular date, the Ordinary Shares in issue as at that date;“Ex-Entitlements Time”means the time at which the Existing Ordinary Shares are marked ex-entitlement, being 8:00 a.m. on 17 June 2020;“FCA”means the Financial Conduct Authority in the UK;“Firm Placing”means the conditional placing, of the Firm Placing Shareson the terms and subject to the conditions contained in the Placing Agreement;
CREST member means a person who has been admitted by Euroclear as a system member