CREST System definition

CREST System means, as the context may require, the computer-based system and procedures established by Euroclear UK & Ireland to enable title to units of securities to be evidenced and transferred without a written instrument and to facilitate supplementary and incidental matters and the services (if any) provided by Euroclear UK & Ireland (whether to the CREST Member or any other person) which are referred to in the CREST Manual but which do not form part of such system;

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CREST System means the settlement system operated by CRESTCo;

CREST System means the system for the paperless settlement of trades in securities and the holding of uncertificated securities in accordance with the CREST Regulations operated by Euroclear UK & International Limited (or any successor or assignee of it in such capacity from time to time) or any replacement for such system from time to time;

Examples of CREST System in a sentence

• Ltd., Indonesia Jakarta Standard Chartered Bank, Jakarta Ireland Bank of Ireland, Dublin The CREST System Allied Irish Bank PLC, Dublin Bank of Ireland Securities Settlement Office Israel Bank Leumi Le-Israel, B.

• The Client hereby confirms that the CREST Member has advised it of any provision of the CREST Membership Agreement or function comprised in the CREST System which may affect the Client and irrevocably and unconditionally gives all requisite permissions as may be required thereby or by the other CREST Requirements.

• Notwithstanding the foregoing Section 5.4, it is agreed with respect to the Offered Shares that are to be placed to Purchasers settling through the CREST System, the purchase may take place pursuant to customary settlement procedures under the CREST System.

• If in the reasonable opinion of Barclays it is impracticable for the Subscription Shares to be admitted to the CREST System, Barclays may issue the Subscription Shares in certificated form to the Investor (or to such nominee as it shall direct in writing).

• If in the reasonable opinion of Barclays it is impracticable for the Subscription Shares and the Placing Shares to be admitted to the CREST System, Barclays may issue the Subscription Shares and the Placing Shares in certificated form to the Investor (or to such nominee as it shall direct in writing) and to JPMC (or to such nominee as it shall direct in writing) respectively.

More Definitions of CREST System

CREST System means the computer based system and procedures which enable title to securities to be evidenced and transferred without a written instrument administered by CRESTCo Limited;

CREST System means the electronic system for the transfer of shares and other securities operated by Euroclear UK & Ireland Limited;

CREST System means the computer-based system operated by Euroclear UK for the transfer of uncertificated securities;

CREST System means the system developed and operated by EUI, of which the Registrar is a member, for the purpose of enabling companies and other persons to permit the holding of units of securities issued by them in uncertificated form and the transfer by means of the system of title to units of such of those securities as are held in uncertificated form, as well as the payment of dividends in respect of such securities, the making of rights issues and the taking of other corporate actions by the Company as a participating issuer.

CREST System means a settlement system owned and operated by Euroclear UK & Ireland;

CREST System means the computer-based system operated by CRESTCo Limited for the transfer of uncertificated securities. “FSA” means the Financial Services Authority in the United Kingdom.

CREST System means the computerised settlement system (as defined in the