Blocked Notes definition
Blocked Notes means Notes which have been blocked in an account with a clearing system for the purpose of obtaining a Block Voting Instruction or a Voting Certificate on terms that they will not be released until after the conclusion of the Meeting in respect of which the Block Voting Instruction or Voting Certificate is required;
Blocked Notes means the Notes which have been blocked in an account with the relevant Monte Titoli Account Holder not later than 48 hours before the time fixed for the Meeting for the purpose of obtaining from the relevant Monte Titoli Account Holder a Voting Certificate on the terms that any such Notes will not be released up to the earlier of (i) the moment after which the relevant Meeting is closed and (ii) the relevant Voting Certificate is surrendered to the relevant Monte Titoli Account Holder;
Blocked Notes means Notes which have been blocked in an account with a clearing system or otherwise are held to the order of the Paying Agent for the purpose of obtaining a Block Voting Instruction from the Paying Agent or a Voting Certificate on terms that they will not be released until after the conclusion of the Meeting in respect of which the Block Voting Instruction or Voting Certificate is required.
Examples of Blocked Notes in a sentence
A Voting Certificate or Block Voting Instruction shall be valid until the release of the deposited Notes or the Blocked Notes or the revocation of the instructions to a Paying Agent in relation to the Relevant Notes to which it relates.
More Definitions of Blocked Notes
Blocked Notes means the Notes for which a Voting Certificate has been issued by the relevant Monte Titoli Account Holder pursuant to the holder of the relevant Note(s) arranging for such Note(s) to be blocked in an account with the relevant Monte Titoli Account Holder not later than two Business Days before the time fixed for the Meeting and up to the moment in which the relevant Meeting is closed or the relevant Voting Certificate is surrendered to the relevant Monte Titoli Account Holder. A Voting Certificate shall be valid until the conclusion of the Meeting specified in the Voting Certificate or any adjournment of such Meeting and the relevant Monte Titoli Account Holder shall not be allowed to release the relevant Notes before such date unless the Voting Certificate is first surrendered to it. So long as a Voting Certificate is valid, the bearer thereof shall be considered to be the holder of the Notes to which such Voting Certificate refers for all purposes in connection with the Meeting;
Blocked Notes means the Notes which have been blocked with the relevant Custodian for the purposes of obtaining a Voting Certificate or a Blocked Voting Instruction and will not be released until the conclusion of the Meeting;