Examples of Relevant Participant in a sentence
The trustee will hold the Shares as trustee for and on behalf of a Relevant Participant as beneficial owner upon the terms of the trust.
Separate costs and expenses relating to the provision of Individual Certificates and/or the transfer of Notes may be levied by other Persons, such as a Relevant Participant, under the Applicable Procedures, and such costs and expenses shall not be borne by the Issuer.
Relevant Participant ID numbers will be shared with the sites via secure e-mail, along with the type of kit required (single or triple).
The Issuer and (if applicable) the CSD and the Relevant Participant shall be entitled to retain any amount payable upon the Notes to which any Person is so entitled until such Person shall be registered as aforesaid or until such time such Notes are duly transferred.
If the trade issue occurs outside of the local business hours of the Relevant Participant, MarketAxess will attempt to contact Participants using the out-of-hours contact information.
For the purposes of paragraph 2.3.2, where the next New Project is one of a number of New Projects which are due to reach financial close or otherwise be subject to a concluded Project Agreement at the same time, for which the Participant in question would be the sole Relevant Participant, the next New Project shall be the scheme with the highest capital cost.
Eachof the Persons shown in the records of the CSD and the Relevant Participants, as the case may be, shall look solely to the CSD or the Relevant Participant, as the case may be, for his share of each payment so made by the Issuer to the registered holder of such uncertificated SA Notes.
Accordingly, subject to the sections headed “Voting Rights” and “Entitlement to cash distributions and Related Distributions” above, the Relevant Participant will be entitled to participate in all dividends or other distributions paid or made on or after the date of the transfer.
FIX DROP includes Participant Trading Information and is only available to:• A trading Participant (Relevant Participant) to provide trades sent through the Relevant Participant’sGateways that have been configured for the FIX DROP;• A third party who has been authorised by the Relevant Participant as evidenced by a Letter of Authority provided to Cboe by the Relevant Participant, for example, including but not limited to a vendor.
The Relevant Participant needs to provide details concerning the configuration of their O DROP in a manner specified by Cboe – this includes specifying which Gateways the O DROP will support.