CCASS Depository definition

CCASS Depository means such person appointed by HKSCC to perform the depository and custodian services in CCASS.
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CCASS Depository means such person appointed by the Hong Kong Securities Clearing Co. Ltd. to perform the depository and custodian services in the CCASS.
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CCASS Depository means, one or more securities depositories for CCASS, providing safe- keeping facilities for Eligible Securities held in CCASS as well as to cater for withdrawals and deposits of Eligible Securities by Participants;
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Examples of CCASS Depository in a sentence

  • Since Connect Securities are issued in scripless form, physical deposits and withdrawals of SSE and SZSE Securities into/from the CCASS Depository are not available.

  • GTJAS owes no duty to ensure that the relevant broker of the CCASS Depository has duly carried out such Instruction or that the relevant Securities have been duly received by the CCASS Participant specified by the Client in its Instruction.

  • The Client is considered to have withdrawn the relevant Securities once GTJAS passes such Instruction to the relevant broker for whose account the CCASS Nominee holds the relevant Securities or to the CCASS Depository for transfer.

  • The Client is considered to have withdrawn the relevant Securities once USL passes such Instruction to the relevant broker for whose account the CCASS Nominee holds the relevant Securities or to the CCASS Depository for transfer.

  • USL owes no duty to ensure that the relevant broker of the CCASS Depository has duly carried out such Instruction or that the relevant Securities have been duly received by the CCASS Participant specified by the Client in its Instruction.

  • This includes, but is not limited to, SNA’s name, trademark and logo, and SNA will cease all use of Affiliate’s intellectual property, PROVIDED, HOWEVER, that all provisions of this Agreement which by their nature are or were expressly intended to survive termination of this Agreement shall survive termination of this Agreement.

  • The Client is considered to have withdrawn the relevant Securities once USPL passes such Instruction to the relevant broker for whose account the CCASS Nominee holds the relevant Securities or to the CCASS Depository for transfer.

  • You are considered to have withdrawn the relevant securities once we pass such Instruction to the relevant broker for whose account the CCASS Nominee holds the relevant securities or to the CCASS Depository for transfer.

  • If it is proved that there was negligence or wilful default by us (but not by any broker, depository or the CCASS Depository), then we will be liable for any loss and damage you incur or suffer that is direct and reasonably foreseeable arising directly and solely from our negligence or wilful default.

  • We have no duty to ensure that the relevant broker or the CCASS Depository has duly carried out such Instruction or that the relevant securities have been duly received by the CCASS Participant specified by you in your Instruction.


More Definitions of CCASS Depository

CCASS Depository means such person appointed by HKSCC to perform the
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