CREST. Where you instruct us to effect settlement by accepting the transfer of Equity Securities to our nominated CREST account you accept that payment obligations upon settlement will be dealt with through a settlement bank and that the creation of a settlement bank payment obligation will to the extent of such obligation discharge payment due from us.
CREST. The term “
CREST. The term "CREST" shall mean CREST Co., which provides the book-entry settlement system for equity securities in The United Kingdom, or any successor entity thereto.
CREST. Where any Shares are or may be held in CREST, reference to such Shares shall, where the context permits, also include reference to:
CREST. 6.1 The Client acknowledges and agrees that Computershare has been admitted as a CREST Registrar and that accordingly it is obliged to comply with the CREST Requirements and that the CREST Service and the CREST Requirements may be changed from time to time by CRESTCo.
CREST. 1.1 Where the Custodian provides any services to the Issuer in connection with the holding of property within CREST, the Issuer acknowledges for the benefit of Euroclear UK & Ireland Limited ("EUI") and the Custodian that the holding of securities for its account on the Custodian's/its nominees' CREST accounts and all transactions over those CREST accounts or otherwise in relation to facilities relating to the Custodian's and/or its nominees' membership of CREST will be subject to all of the provisions of the CREST membership agreement between EUI and the Custodian (the "CREST Membership Agreement") and to the CREST Requirements including and in particular (but without limiting the generality of the foregoing):
CREST. 10 It is a participant of CREST, and will, as long as the ETP Securities are settled through CREST maintain such registration, qualification and membership in full force and effect, throughout the term of this Authorised Participant Agreement.
CREST. 5.5 The Company will supply all such information, give all such undertakings, pay all such fees and execute all such documents as may be required for the Consideration Shares and the Placing Shares to be admitted as participating securities (as defined in the CREST Regulations) within CREST.
CREST. Falcon will interact with Crest through an on-line exchange of data related to the entry and progression of listing and closing data. It is envisioned that Falcon will be the primary Affiliate & Associate user environment for progressing listings and closings and that an on-line exchange of data will be used to keep the Crest database in sync with Falcon. To limit intrusion on a broker's financial data, Falcon will not request overwrites of data fields that have been utilized in the calculation of franchise fees such as gross sale amounts, associate commissions, MLS fees, etc. Since it is possible for CREST data to be updated without the Falcon database being aware of the change (i.e. audit transactions), the two databases could potentially become out of sync. In order to allow this a data ownership and two-way synchronization scheme will be supported. Falcon's Crest interface will include the ability to support Crest assignments through the exchange of standard state message exchanges. Falcon will be essentially unaware of assignments. Falcon's Crest interface shall include the ability to establish Web preferences and will provide a basic web previewing capability. Falcon will support a portal style pass through to Crest to allow Affiliate access to Crest's reporting capabilities.
CREST. 11.1 The Company will ensure that on or before 30 January 2004:
