Austraclear System definition

Austraclear System means the system operated by Austraclear for holding securities and electronic recording and settling of transactions in those securities between members of that system.

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Austraclear System means the system operated by Austraclear for holding securities and the electronic recording and settling of transactions in those securities between members of that system.

Austraclear System means the clearing and settlement system operated by Austraclear in Australia for holding securities and electronic recording and the settling of transactions in those securities between participants of that system;

Examples of Austraclear System in a sentence

• If Notes are lodged into the Austraclear System, the Trustee shall enter Austraclear in the relevant Register as the holder of those Notes.

• Australian Domestic Notes entered in the Austraclear System will be transferable only in accordance with the Austraclear System Regulations.

• For purposes of the foregoing, whenever the Bond Trustee is required to have regard to the general interests of the holders of Australian Covered Bonds that are held through the Austraclear System on behalf of its accountholders, the Bond Trustee will have regard to the general interests of such accountholders holding an interest in such Australian Covered Bonds as a class and treat such interests as being the interests of such Covered Bondholders.

• Interests in Australian Covered Bonds entered in the Austraclear System will be transferable only in accordance with the Austraclear Regulations.

• Notwithstanding the foregoing provisions of this Condition 13, if the Australian Covered Bond is held by Austraclear and entered in the Austraclear System, notices to Holders may, or a copy of any notice published or given in accordance with foregoing provisions of this Condition 13 must, be physically delivered to Austraclear for communication by Austraclear to the persons shown in their records as having interests in the Australian Covered Bond.

More Definitions of Austraclear System

Austraclear System means the system for the clearance and settlement of debt securities operated by Austraclear Limited (an ASX subsidiary).

Austraclear System means the System as defined in the Austraclear Regulations.

Austraclear System means the securities clearing and settlement facility operated by the Reserve Bank of New Zealand and known as the Austraclear New Zealand System.

Austraclear System means the "SYSTEM" as defined in the Austraclear Regulations.

Austraclear System means the system operated by Austraclear in accordance with the Austraclear Regulations.

Austraclear System means the settlement and clearing system operated by Austraclear;

Austraclear System means the clearance and settlement system operated by Austraclear; "BBSW" means the Australian Bank Bill Swap rate;