Examples of Depository Rules in a sentence
A Participating Organisation must ensure that all Clients’ securities in its possession which are held in safe custody pursuant to custodial services rendered by the Participating Organisation, are held by its nominee company which is a wholly-owned subsidiary and an Authorised Nominee pursuant to Depository Rules.
Following this, we will deposit our Shares directly with Bursa Depository and any dealings in our Shares will be carried out in accordance with the SICDA and Depository Rules.
In the event any change to the NZX Rules, Clearing and Settlement Rules or Depository Rules requires the terms of this Agreement to be amended, this Agreement will be deemed amended as necessary and we will advise you by notice if any such amendment materially affects you but we will not be liable for any accidental failure to advise you of any such amendment.
We carry out the clearing and settlement of Transactions executed on your behalf on NZX Markets in accordance with the Clearing and Settlement Rules and the Depository Rules.
The liability of CHO, CDO, the Depository Nominee, New Zealand Clearing and Depository Corporation Limited and NZX to any person (including you) is limited or excluded by, and is subject to, the provisions of Section 8 of the Clearing and Settlement Rules and Section 9 of the Depository Rules.