CREST definition

CREST means the system for the paperless settlement of trades in securities and the holding of uncertificated securities operated by Euroclear UK & Ireland Limited in accordance with the Uncertificated Securities Regulations 2001 (SI 2001 No. 3755), as amended from time to time, or any successor thereto.
CREST means the relevant system (as defined in the CREST Regulations) in respect of which Euroclear UK & Ireland Limited is the Operator (as defined in the CREST Regulations);

Examples of CREST in a sentence

  • Xxxxxxx Title: Treasurer CREST COMMUNICATIONS CORPORATION, a Delaware corporation By: /s/ Bxxxxxx X.

  • EARNZ has applied for the New Ordinary Shares to be admitted to CREST and the articles of association permit such shares to be held in uncertificated form.

  • EARNZ undertakes to procure that all such steps are taken, including the making of any applications required by the Regulations or the rules of CREST and providing all necessary authorisations and issuing all necessary instructions to the Registrars, to enable the New Consolidated Shares to be held in uncertificated form as a participating security as may be required by the Regulations or the rules of CREST and otherwise as the Joint Brokers shall direct.

  • This Agreement shall be deemed executory to the extent of monies available for the CREST Program to DASNY.

  • In the event of any delays in the use of CREST in relation to the Placing, EARNZ and the Joint Brokers (acting jointly) may agree that all of the New Consolidated Shares should be held in certificated form and the provisions of this Agreement will thereby be deemed to be modified accordingly.


More Definitions of CREST

CREST means the highest point on the side of a dry gulch or cut bank.
CREST means the system of paperless settlement of transfers and the holding of securities in Uncertificated Form administered by Euroclear UK & Ireland Limited
CREST means the relevant system, as defined in the CREST Regulations, or any successor clearing system.
CREST means the relevant system (as defined in the Regulations) in respect of which Euroclear is the operator (as defined in the Regulations) in accordance with which securities may be held or transferred in uncertificated form
CREST means the electronic settlement system for securities traded on a recognised investment exchange and owned by Euroclear UK & Ireland Limited, or any similar system;
CREST means the relevant system operated by Euroclear UK & Ireland Limited in terms of the Regulations, which enables title to shares or other securities to be evidenced and transferred without a written instrument;
CREST means the system for the paperless settlement of trades in securities and the holding of uncertificated securities operated by Euroclear in accordance with the Uncertificated Securities Regulations 2001, as amended;