Examples of Monte Titoli in a sentence
Operational InformationRelevant Clearing System(s): Monte Titoli.
In a mandate agreement with Monte Titoli S.p.A. ("Monte Titoli") (the "Monte Titoli Mandate Agreement"), Monte Titoli has agreed to provide the Issuer with certain depository and administration services in relation to the Covered Bonds.
Monte Titoli sends message 7B2 to beneficiary Intermediaries, confirming that the financial instruments resulting from the operation have been credited to the relevant accounts.
The Issuer shall cause Italian Dematerialised Securities to be dematerialised and centralised with Monte Titoli, pursuant to Italian legislative decree no.
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.