Examples of Approved Operator in a sentence
Where these Articles impose an obligation on a Member, such Article shall not apply to the Approved Operator and an Affiliated Institution.
If the Directors refuse to cause the Registrar to register a transfer of shares in uncertificated form, the Issuer shall, within one month of being required to do so, send to the transferee notice of the refusal and, if required to register a transfer of title to shares in uncertificated form by an Approved Operator's instruction, notify the Approved Operator of its refusal to do so.
Uncertificated System The CREST system or any other applicable system which is operated by an Approved Operator.
Approved Operator An "approved operator" as defined in the Order.
If Shares are held in an Uncertificated System, the Approved Operator shall be entered into the Register as the shareholder of the Shares.