Common use of Transfer of Securities Clause in Contracts

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).

Appears in 9 contracts

Samples: Covered Warrant Negotiation Announcement, Covered Warrant Agreement, Investment Certificates Negotiation Announcement