Examples of Direct Registration System in a sentence
You do not need to take any action for existing ADSs held in the Depository Trust Company (“DTC”) or via the Direct Registration System (the “DRS”).
For purposes of calculating the number of Registrable Securities, each Holder hereby agrees to maintain a separate Direct Registration System book-entry position for its respective Registrable Securities or otherwise to hold such Registrable Securities in certificated form, and not co-mingle any other Common Shares with such Registrable Securities, whether such other Common Shares are beneficially owned as of the date of this Agreement or hereafter acquired by such Holder.
The Company shall settle such Restricted Units in the form of Shares which shall be delivered to Grantee (or, if applicable, to Grantee's legal representatives, beneficiaries or heirs) through the Direct Registration System or Electronic Share Transfer.