relevant system definition

relevant system means a relevant system for the holding and transfer of shares in uncertificated form;
relevant system means a computer-based system, and procedures, which enable title to units of a security to be evidenced and transferred without a written instrument pursuant to the CREST Regulations;
relevant system means a computer-based system which allows units of securities without written instruments to be transferred and endorsed pursuant to the uncertificated securities rules

Examples of relevant system in a sentence

  • As such, the calculations or financial projections appearing in the Proposal and other correspondence with the Customer constitute an estimation only of possible savings based on the parameters of the Relevant System recommended together with an examination of the site load profile and tariff as recorded.

  • Access Licence means the licence granted by the Customer to eleXsys Energy in Power Purchase Terms and Conditions for eleXsys Energy , including the Installer, to enter upon and cross the Customer Site to install, operate, maintain, repair and remove the Relevant System, and to interconnect the Relevant System with DNSP and to provide water, electric and other services to the Relevant System.


More Definitions of relevant system

relevant system means (a) The Depository Trust Company in New York, New York, or (b) such other clearing organization or book-entry system as is designated in writing by the Buyer.
relevant system means the computer-based system, and procedures, which enable title to units of a security to be evidenced and transferred without a written instrument, and which facilitate supplementary and incidental matters in accordance with the Regulations;
relevant system means any computer-based system and its related facilities and procedures that is provided by an Operator and by means of which title to units of a security can be evidenced and transferred, in accordance with the Uncertificated Securities Order, without a written instrument;
relevant system means a computer-based system and procedures, permitted by applicable law, which enables titles to units of a security to be evidenced and transferred without a written instrument and which facilitate supplementary and incidental matters.
relevant system means a computer based system and procedures which enable title to units of a security to be evidenced and transferred without a written instrument, and which facilitate supplementary and incidental matters; and “relevant system” includes an operator-system;
relevant system means any computer-based system, and procedures, permitted by the Regulations, which enable title to units of a security to be evidenced and transferred without a written instrument and which facilitate supplementary and incidental matters;
relevant system means a computer based system and procedures which enables title to shares to be evidenced and transferred without a written instrument and which facilitates supplementary and incidental matters and which is an “operator system” within the meaning of the Regulations;