Transfer of Securities. Securities may, subject to the terms of the Programme Agreement and to Condition 1.6, be transferred by means of a relevant system in accordance with the Regulations and the rules, practices and procedures of the relevant system. No transfer of a Security will be valid unless and until entered on the Register of Holders maintained by the Operator (as defined in, and in accordance with, the Regulations). A Security may be registered only in the name of, and transferred only to, a named person (or persons, not exceeding four in number).
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Samples: Covered Warrant Negotiation Announcement, Covered Warrant Agreement, Investment Certificates Negotiation Announcement