Examples of VP Instruments in a sentence
Instruments, other than VP Instruments, VPS Instruments, Swedish Instruments and Finnish Instruments, are issued in registered form and are serially numbered.
The VP Instruments shall be regarded as Registered Instruments for the purposes of these Conditions save to the extent these Conditions are inconsistent with Danish laws, regulations and VP Rules.
No physical Instruments or certificates will be issued in respect of the VP Instruments and the provisions in these Conditions relating to presentation, surrendering or replacement of such physical VP Instruments or certificates shall not apply to the VP Instruments.
The holder of a Scandinavian Instrument will be the person evidenced as such by the register for such Instrument maintained on behalf of SEK by (a) in the case of the ESw Instruments, ESw; or (b) in the case of the EFi Instruments, EFi; or (c) in the case of the VP Instruments, VP.
In compliance with the VP Rule Book, the VP Instruments can only be held in favour of the VP Issuing Agent acting in its capacity as account holding institution on behalf of holders for the time being registered in the VP system.
Transfer of ownership to the VP Instruments shall be made in accordance with the rules of VP Rule Book.
Investors in VP Instruments, VPS Instruments, Finnish Instruments or Swedish Instruments will have to rely on the relevant clearing system's or the relevant Issuing Agent's, as the case may be, procedures for transfer, payment and communication with the Issuer.
The VP Instruments shall be in a form as agreed between the Issuer and the VP Issuing Agent.
Ownership of VP Instruments, VPS Instruments, Finnish Instruments or Swedish Instruments will be recorded and transfer effected only through the book entry system and register maintained by VP, Euronext VPS, Euroclear Finland or Euroclear Sweden, as the case may be.
Investors in VP Instruments, VPS Instruments, Finnish Instruments or Swedish Instruments will not have any recourse against the Issuer to the extent that VP, Euronext VPS, Euroclear Finland or Euroclear Sweden, as the case may be, are do not pass on any payments made to them by the Issuer.