CDS Participants definition
Examples of CDS Participants in a sentence
For the purposes of any provision hereof requiring or permitting actions with the consent of or at the direction of Warrantholders evidencing a specified percentage of the aggregate Warrants outstanding, such direction or consent may be given by Beneficial Owners acting through CDS and the CDS Participants owning Warrants evidencing the requisite percentage of the Warrants.
The rights of a Beneficial Owner whose Warrants are held through CDS shall be exercised only through CDS and the CDS Participants and shall be limited to those established by law and agreements between such Beneficial Owners and CDS and the CDS Participants upon instructions from the CDS Participants.
Transfers of Warrants registered and deposited with CDS between CDS Participants shall occur in accordance with the rules and procedures of CDS.
The rights of a Limited Partner whose Units are held through CDS shall be exercised only through CDS and the CDS Participants and shall be limited to those established by law and agreements between such Limited Partners and CDS and/or the CDS Participants or upon instruction from the CDS Participants.
CDS will be responsible for establishing and maintaining accounts for CDS Participants having interests in Units, and sales of interests in Units can only be completed through CDS Participants.