Legal Title Transfer System definition

Legal Title Transfer System means an electronic system used to effect transfer of legal title to Securities in accordance with the Depository Rules;
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Legal Title Transfer System means the electronic system used by the Settlement System (and participants in the Settlement System) for effecting transfer of legal title to Securities, including any software contained within or used in connection with that system;
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Legal Title Transfer System means the systems, facilities and services provided by NZX, CHO, or CDO for lodging quotations and orders for trading and settling Financial Products.
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Examples of Legal Title Transfer System in a sentence

  • CDO may prescribe by Procedure a process for the transfer from the Nominee of legal title to Admitted Product other than Securities that are transferred through the Legal Title Transfer System.

  • Access to the Legal Title Transfer System will be at the absolute discretion of CDO.

  • CDO may allow a Depository Participant to be a Legal Title Transfer Depository Participant and to access the Legal Title Transfer System.

  • CDO may, either at the time of granting access or any time thereafter, impose any limitation or condition on a Legal Title Transfer Depository Participant’s access to the Legal Title Transfer System that CDO considers appropriate.

  • The electronic information available through the Legal Title Transfer System is to be used by the Legal Title Transfer Depository Participant only to effect the transfer of legal title to Securities and not for gathering information generally or for any other purposes not related to the transfer of legal title to Securities.

  • For the avoidance of doubt this Rule 8.3.3 does not prevent access by a Depository Participant or its Personnel to the Legal Title Transfer System to check Security holdings for the purposes of updating in-house client portfolio records.

  • Transfers of Securities outside the Legal Title Transfer System shall be by means of a proper instrument of transfer in accordance with the Securities Transfer Act 1991 or, in the case of an overseas market, a proper instrument of transfer relevant to the market.

  • CDO has allowed that Depository Participant (not being a Depository Participant to whom paragraph (a) or (b) applies) to access the Legal Title Transfer System within the Designated Settlement System.

  • If the Securities that are transferred are Securities of an overseas Issuer which has a New Zealand Securities Register, a Legal Title Transfer Depository Participant must deliver those Securities through the Legal Title Transfer System on that New Zealand Securities Register.

  • The Town also relies on an array of studies and plans to inform and support actions and strategies.


More Definitions of Legal Title Transfer System

Legal Title Transfer System means an electronic system used to effect
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Related to Legal Title Transfer System

  • Joint Property means property that is owned by 2 or more persons with rights of survivorship, and includes a tenancy by the entireties in real property, a tenancy in personal property as provided in section 1 of 1927 PA 212, MCL 557.151, a joint tenancy, a joint tenancy with rights of survivorship, and a joint life estate with contingent remainder in fee. For purposes of this part, joint property is considered to consist of a present interest and a future interest. The future interest is the right of survivorship.

  • Junior accessory dwelling unit means a unit that is no more than 500 square feet in size and contained entirely within a single-family residence. A junior accessory dwelling unit may include separate sanitation facilities, or may share sanitation facilities with the existing structure.

  • Accessory dwelling unit means a habitable living unit added to, created within, or detached from a primary single-family dwelling and contained on one lot.

  • Trust Property means as of any particular time any and all property, real or personal, tangible or intangible, which at such time is owned or held by or for the account of the Trust or the Trustees in such capacity.

  • Bondable transition property means the property consisting of

  • Net estate means the gross estate less those items specified in Iowa Code section 450.12 as deductions in determining the net shares of property of each heir, beneficiary, surviving joint tenant, or transferee. In re Estate of Waddington, 201 N.W.2d 77 (Iowa 1972). The total of all net shares of an estate must equal the total of the net estate.

  • Project Assets means all physical and other assets relating to (a) tangible assets such as civil works and equipment including foundations, embankments, pavements, road surface, interchanges, bridges, culverts, road over-bridges, drainage works, traffic signals, sign boards, kilometre-stones, [toll plaza(s)], electrical systems, communication systems, rest areas, relief centres, maintenance depots and administrative offices; and (b) Project Facilities situated on the Site;

  • Subject Vehicle means the vehicle being tested.