BEO System definition

BEO System means the book-based securities transfer system administered by CDS in accordance with its operating rules and procedures in force from time to time;

Examples of BEO System in a sentence

  • Such Subscription Receipts will be registered in the name of and deposited with CDS or its nominee in the BEO System.

  • Beneficial interests in Subscription Receipts represented by the Global Subscription Receipts will be represented only through the BEO System.

  • The Global Subscription Receipts will be subject to CDS's applicable rules and procedures of the BEO System and to Section 2.09 hereof.

  • Beneficial interests in Subscription Receipts represented by Global Subscription Receipts will be represented only through the BEO System.