Examples of Registrar Contract in a sentence
Each Registrar Contract must establish the Foreign Custodian's right to conduct regular share confirmations on behalf of the Foreign Custodian's customers.
The Registrar Contract must establish the Foreign Custodian's right to hold shares not held directly in the beneficial owner's name in the name of the Foreign Custodian's nominee.
The Registrar Contract must allow the independent auditors of the Custodian and the Custodian's clients to obtain direct access to the share register for the independent auditors of each of the Foreign Custodian's clients.
JPMBI will only enter into a Registrar Contract with Registrar Companies which JPMBI considers to be reputable and competent, as measured by the compliance of the relevant Registrar Company with the specific contractual provisions of the Registrar Contract, provided however, that as set forth in Section 5 hereof, neither the Bank nor JPMBI shall be liable for any action or inaction of any Registrar Company.
It is understood and agreed that the Bank need only use its Reasonable Efforts with respect to any corporate action, such as a rights issue, stock dividend or stock split with respect to Russian Securities (except that the Bank shall use Reasonable Care with respect to its duties to transmit information to the Customer), it being understood that proxy voting services are only available with respect to Russian Securities by agreement and where a Registrar Contract is in place.