Italian Dematerialised Securities definition

Italian Dematerialised Securities means Securities issued in uncertificated and dematerialised form into Monte Titoli pursuant to Italian legislative decree no. 58/1998 as amended and integrated by subsequent implementing provisions;
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Italian Dematerialised Securities with respect to Italian Dematerialised Securities, the Italian Paying Agent shall apply the amounts paid to it under Clause 7 (Payments to the Fiscal Agent or the Italian Paying Agent) above by crediting the accounts of the Monte Titoli Accountholders to which the relevant Italian Dematerialised Securities are then credited as directed by Xxxxx Xxxxxx and may, in performing its payment obligations under this Clause 8.1 (Payment(s) by Paying Agent(s)) rely on the instructions and determinations of Monte Titoli and shall not be liable for any omission or mistake in so doing.
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Italian Dematerialised Securities means Securities issued in uncertificated and dematerialised form into Monte Titoli pursuant to Italian legislative Decree No. 58/1998 as amended and integrated by subsequent implementing provisions;
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Examples of Italian Dematerialised Securities in a sentence

  • As a consequence, the subject who from time to time is the owner of the account held with an intermediary adhering, directly or indirectly, to Monte Titoli, in which the Italian Dematerialised Securities are credited, is considered as the legitimate beneficial owner of the Italian Dematerialised Securities and is authorised to exercise all rights related to them.

  • The Securityholders may not require physical delivery of the Italian Dematerialised Securities.

  • Italian Dematerialised Securities will be transferable only in accordance with the rules and procedures for the time being of Monte Titoli.

  • The Issuer shall cause Italian Dematerialised Securities to be dematerialised and centralised with Monte Titoli, pursuant to Italian legislative decree no.

  • Italian Dematerialised Securities will at all times be held in book entry form and title to the Italian Dematerialised Securities will be evidenced by book entries pursuant to the relevant provisions of Italian legislative decree no.

  • In particular, the transfer of the Italian Dematerialised Securities operates by way of registration in the accounts opened with Monte Titoli by the intermediaries adhering to the clearing system.

  • For so long as the Securities are represented by Italian Dematerialised Securities, the Securities are held in dematerialised form on behalf of the beneficial owners, until redemption or cancellation thereof, by Monte Titoli for the account of the relevant Monte Titoli account holders.

  • The Issuer shall undertake the duties of calculation agent (in this capacity, the Calculation Agent) in respect of the Securities (including Italian Dematerialised Securities) unless another entity is so specified as the calculation agent in the applicable Final Terms.

  • The Securities (including Italian Dematerialised Securities) will be either warrants (Warrants) or certificates (Certificates), as specified in the applicable Final Terms, and references in these Conditions to Security and Securities will be construed accordingly.

  • In respect of Securities other than Italian Dematerialised Securities, the applicable Final Terms is attached to the Global Security or Registered Global Security or any Securities in definitive form.


More Definitions of Italian Dematerialised Securities

Italian Dematerialised Securities with respect to Italian Dematerialised Securities, the Italian Paying Agent shall apply the amounts paid to it under Clause 7(Payments to the Fiscal Agent or the Italian Paying Agent) above by crediting the accounts of the Monte Titoli Accountholders to which the relevant Italian Dematerialised Securities are then credited as directed by Xxxxx Xxxxxx and may, in performing its payment obligations under this Clause 8.1 (Payment(s) by Paying Agent(s)) rely on the instructions and determinations of Monte Titoli and shall not be liable for any omission or mistake in so doing.
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Related to Italian Dematerialised Securities

  • Purchased Securities has the meaning assigned in the Terms;

  • Excluded Securities means (i) shares of Common Stock or standard options to purchase Common Stock issued to directors, officers or employees of the Company for services rendered to the Company in their capacity as such pursuant to an Approved Stock Plan (as defined above), provided that (A) all such issuances (taking into account the shares of Common Stock issuable upon exercise of such options) after the Subscription Date pursuant to this clause (i) do not, in the aggregate, exceed more than 5% of the Common Stock issued and outstanding immediately prior to the Subscription Date and (B) the exercise price of any such options is not lowered, none of such options are amended to increase the number of shares issuable thereunder and none of the terms or conditions of any such options are otherwise materially changed in any manner that adversely affects any of the Buyers; (ii) shares of Common Stock issued upon the conversion or exercise of Convertible Securities (other than standard options to purchase Common Stock issued pursuant to an Approved Stock Plan that are covered by clause (i) above) issued prior to the Subscription Date, provided that the conversion price of any such Convertible Securities (other than standard options to purchase Common Stock issued pursuant to an Approved Stock Plan that are covered by clause (i) above) is not lowered, none of such Convertible Securities (other than standard options to purchase Common Stock issued pursuant to an Approved Stock Plan that are covered by clause (i) above) are amended to increase the number of shares issuable thereunder and none of the terms or conditions of any such Convertible Securities (other than standard options to purchase Common Stock issued pursuant to an Approved Stock Plan that are covered by clause (i) above) are otherwise materially changed in any manner that adversely affects any of the Buyers; (iii) the shares of Common Stock issuable upon conversion of the Notes or otherwise pursuant to the terms of the Notes; provided, that the terms of the Notes are not amended, modified or changed on or after the Subscription Date (other than antidilution adjustments pursuant to the terms thereof in effect as of the Subscription Date) and (iv) the shares of Common Stock issuable upon exercise of the SPA Warrants; provided, that the terms of the SPA Warrant are not amended, modified or changed on or after the Subscription Date (other than antidilution adjustments pursuant to the terms thereof in effect as of the Subscription Date).