Examples of Uncertificated Securities Regulations in a sentence
Exchange of certificated Registered Notes for uncertificated Registered Notes and vice versa shall be effected in accordance with the Uncertificated Securities Regulations and the rules, practices and procedures of a relevant system (as defined below).
The holding of title to units of Uncertificated Registered Notes and the transfer of title thereto will be made pursuant to the Uncertificated Securities Regulations and as provided for in the provisions contained in Part 3 to Schedule 3 (all of which provisions shall be deemed to be, and shall have effect as though, incorporated in this Trust Deed).
In these Terms and Conditions, relevant system has the meaning given to it in regulation 3 of the Uncertificated Securities Regulations.
The Registered Notes may be in uncertificated form (uncertificated Registered Notes), comprising Registered Notes which are for the time being uncertificated units of a security in accordance with the Uncertificated Securities Regulations 2001 (as amended from time to time) (the Uncertificated Securities Regulations) or in certificated form (certificated Registered Notes).
Where the Issuer has made arrangements for Registered Notes to be participating securities (as defined in the Uncertificated Securities Regulations), the following provisions of this Part 3 shall commence to have effect immediately prior to the time at which the operator of the relevant system concerned permits the Notes or some only of the Notes to be participating securities.