Examples of Former Holder in a sentence
The arrangements in relation to holdings of interests by Former Holders through a custodian, broker or nominee that is an EB Participant will be subject to the terms between that custodian, broker or nominee and the Former Holder.
The Debenture is secured by all collateral granted by the Company and its affiliates to the Former Holder, in accordance with the terms and conditions of the Assignment Agreement.
To hold interests in the Euroclear System, a Former Holder must be an EB Participant (or must appoint an EB Participant to hold the Belgian Law Rights on its behalf) and must transfer such Belgian Law Rights from the CREST Nominee’s account in Euroclear Bank to the account of another EB Participant by using cross-border delivery.
To hold interests in the Euroclear System, a Former Holder must be an EB Participant (or must appoint an EB Participant to hold the Belgian Law Rights on its behalf) and must transfer such Belgian Law Rights from the CREST International Account in Euroclear Bank to the account of the EB Participant by using cross-border delivery.
Thereafter the Former Holder may choose to hold their interests via Belgian Law Rights through the Euroclear System rather than through CDIs representing those Belgian Law Rights.