Security Tokens definition

Security Tokens are typically in the form of a digital token in a blockchain environment representing an interest in an underlying asset. It may represent assets including equity, investment funds, real estate, debt or future cash flow or other value, but does not include Digital Payment Tokens.

Security Tokens shall have the same meaning as defined in the Digital Exchange Rules and may represent assets including equity, investment funds, real estate, debt or future cash flow or other value, but does not include Digital Payment Tokens.

Security Tokens has the meaning given in Clause 8.2.4;

Examples of Security Tokens in a sentence

• The Customer bears the risk of any unauthorised use and/or access to Business Internet Banking and/or the Services, its telecommunication, computer or other electronic equipment or system and information stored therein, User ID, Passwords and/or Security Tokens.

• Security Tokens shall at all times remain the property of the UOB Group Bank which issued or provided the Security Tokens and shall be returned to that UOB Group Bank on demand.

• The appropriate category of dealer registration for a Dealer Platform will depend on the nature of its activities.If the Dealer Platform only facilitates distributions or the trading of Security Tokens in reliance on prospectus exemptions and does not offer margin or leverage, registration as an exempt market dealer, or in some circumstances, restricted dealer may be appropriate, although this would not preclude the Dealer Platform from seeking registration as an investment dealer.

• The two most common characteristics of a CTP that suggest it would be a Dealer Platform and not a Marketplace Platform are as follows:• it only facilitates the primary distribution of Security Tokens, and• it is the counterparty to each trade in Security Tokens and/or Crypto Contracts, and client orders do not otherwise interact with one another on the CTP.CTPs that are Dealer Platforms may also be engaged in other activities or perform other functions that marketplaces typically do not undertake.

• For example, if a Marketplace Platform trades Security Tokens and regulates issuers of those securities, or if it regulates and disciplines its trading participants other than by merely denying them access to the platform,13 the Marketplace Platform may be carrying on business as an exchange and would be expected to seek recognition or, if appropriate, an exemption from recognition as an exchange.

More Definitions of Security Tokens

Security Tokens means the digital securities of the REIT General Partner which will represent digitalized fractional interests in the shares of common stock of the REIT General Partner designated as NRI Real Token Security Tokens.

Security Tokens or “Tokens” means the Shares as converted to digital form using blockchain technology, as may be modified or replaced from time to time.

Security Tokens or “Tokens” means the representation of the Shares in digital form using blockchain technology, as may be modified or replaced from time to time.

Security Tokens means digital token (or rights attached thereto) generated to represent assets, which may include equity, real estate, debt or future cash flow, or other value.

Security Tokens means the Tokens to be issued by the Seller and each BI Security Token represents a certified share in Xxxxxx.Xxxxxx BV (a depository receipt); 3. Seller means Xxxxxx.Xxxxxx BV; 4. Effective Date means the date and specific time the transfer of the BI Security Token is registered in the blockchain; 5. Party or Parties mean(s) each of Seller, Purchaser individually or collectively;

Security Tokens means the Tokens to be issued by the Seller and each CCC Security Token represents a certified share in Farsight Automotive BV (a depository receipt);

Security Tokens means the Tokens to be issued by the Seller and each WBS Security Token represents a certified share in Worldbitsports BV (a depository receipt);