Examples of Quebec STA in a sentence
With the enactment of the Quebec STA and the recent amendments to federal legislation protecting realization actions against financial collateral for eligible financial contracts, the circumstances in which characterization as a security agreement is relevant are not as many as they have been.
The new applicable law is found in An Act respecting the transfer of securities and the establishment of securityentitlements (Quebec)4 (the "Quebec STA" or the "QSTA"), which willgoverngoverns many aspects of the transfer of investment securities, and the related provisions of the Civil Code of Quebec (the "Civil Code" or the "CCQ"), which govern the taking of security in investment securities and in cash collateral.
The validity of a security in an uncertificated security is governed by the law of the "issuer’'s jurisdiction".4142The "issuer’'s jurisdiction" is not defined in the Quebec STA or the Civil Code, as it is in the Ontario STA.
This memorandum of law addresses Quebec law as if the Quebec STA were currently in force.
QSTA, s.117.4entitlement holder,16 and (vi) the securities intermediary will act at the direction of the entitlement holder to convert the position into any other available form of securities holding.17Although the Security Documents are not drafted using this new terminology, section 3 of the Quebec STA contains a rule designed to eliminate the problems of coordination of terminology.
We believe that describing the collateral by the terms "security entitlement" and "securities account" is sufficient where collateral is in that form.6058 Although the Security Documents are not drafted using this terminology, section 3 of the Quebec STA contains a rule designed to eliminate the problems of coordination of terminology.
It provides that, unless the context indicates otherwise, a person who is required by an agreement to put a security or financial asset in the possession of another person satisfies that requirement by delivering18 such security to such other person or causing such person to acquire a security entitlement to such financial asset as set out in the Quebec STA.
Initiated TIARA-I, the FDA approved Early Feasibility trial that will enrol[l] approximately 30 patients at participating centers in North America and Europe.
Resource map mod- ule maps IQ data, reference signals, primary synchro- nization signals and secondary synchronization signals to subcarriers according to frame structure of base- band link, and then input these data and signal to FFT IP core to conduct IFFT.
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