Examples of CREST Rules in a sentence
Investors in CDIs should note that the provisions of the CREST Deed Poll, the CREST Manual and the CREST Rules contain indemnities, warranties, representations and undertakings to be given by holders of CDIs and limitations on the liability of the CREST Depository as issuer of the CDIs. Holders of CDIs may incur liabilities resulting from a breach of any such indemnities, warranties, representations and undertakings in excess of the money invested by them.
Investors in CREST Depository Interests should note that the provisions of the CREST Deed Poll, the CREST Manual and the CREST Rules contain indemnities, warranties, representations and undertakings to be given by holders of CREST Depository Interests and limitations on the liability of the CREST Depository as issuer of the CREST Depository Interests.
Investors in CREST Depository Interests should note that the provisions of the CREST Deed Poll and the CREST Manual (including, for the avoidance of doubt, the provisions of the CREST International Manual and the CREST Rules) contain indemnities, warranties, representations and undertakings to be given by holders of CREST Depository Interests and limitations on the liability of the CREST Depository as issuer of the CREST Depository Interests.
Potential investors should note that the provisions of the CREST Deed Poll, the CREST Manual and the CREST Rules contain indemnities, warranties, representations and undertakings to be given by CDI Holders and limitations on the liability of the issuer of the CDIs, the CREST Depository.
In addition, EUI, when it permits a security to be a participating security, does so in reliance on confirmation by the issuer of the security that all necessary conditions to the admission of such security (whether imposed by the CREST Rules, the CREST Regulations or otherwise howsoever) have been fulfilled and EUI does not monitor compliance with such conditions.
Holders of CREST Depository Interests will be bound by all provisions of the CREST Deed Poll and by all provisions of or prescribed pursuant to the CREST International Manual and the CREST Rules applicable to the CREST International Settlement Links Service (in each case as contained in the CREST Manual issued by CREST dated 1 September 2015, as amended, modified, varied or supplemented from time to time (the "CREST Manual")).
Each Holder required by the CREST Rules as a member or sponsored member to appoint an agent for service of process, irrevocably appoints the same person as its agent for service of any process in England provided that such person may be replaced from time to time with the consent of EUI.
The Member acknowledges, agrees and accepts that the provisions of the CREST Manual, the CREST Rules and these Terms and Conditions may be changed from time to time by EUI and, by entering into the Admission Agreement, the Member agrees to comply with such provisions as so altered from time to time.
Where the CREST Manual refers to the ‘netting rules’ as part of the CREST Rules, it contemplates the use of that term in the sense described in (2) and not (1).
The attention of potential investors is drawn to the terms of the CREST Deed Poll, the CREST Manual and the CREST Rules, copies of which are available from CREST at 33 Cannon Street, London EC4M 5SB or by calling +44 (0) 207 849 0000 or from the CREST website at www.euroclear.com/site/public/EUI.