Iberclear definition

Iberclear means the Spanish clearing and settlement system (Sociedad de Gestión de los Sistemas de Registro, Compensación y Liquidación de Valores, S.A., Sociedad Unipersonal);

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Iberclear means the Sociedad de Gestión de los Sistemas de Registro, Compensación y Liquidación de Valores, S.A. Unipersonal, the Spanish Central Securities Depository, which manages the Spanish Central Registry and the Spanish settlement system;

Iberclear means “La Sociedad de Gestión de los Sístemas de Registro, Compensación y Liquidación de Valores, S.A. Unipersonal”;

Examples of Iberclear in a sentence

• Consequently, the Bonds may be transferred and title to the Bonds may pass (subject to Spanish law and to compliance with all applicable rules, restrictions and requirements of Iberclear or, as the case may be, the relevant Iberclear Member) upon registration in the relevant registry of each Iberclear Member and/or Iberclear itself, as applicable.

• However, if the Issuer and, therefore, the Local Paying Agent on its behalf, has not received the abovementioned certificate with respect to certain Spanish Notes, then on the relevant payment date the Local Paying Agent will transfer to Iberclear the corresponding amount net of the Spanish applicable withholding (19%) of the interest due and payable in accordance with the instructions of the Issuer from time to time (each, a "withholding instruction").

• The Local Paying Agent shall send to Iberclear the details required by Iberclear for the purposes of this Clause and the cancelled Spanish Notes.

• All Spanish Notes which are redeemed shall be cancelled forthwith by Iberclear.

• The Local Paying Agent will take any action necessary in order to comply with a request from Iberclear that is made to the Local Paying Agent or to the Issuer in connection with the Spanish Notes.

More Definitions of Iberclear

Iberclear means Sociedad de Gestión de los Sistemas de Registro, Compensación y Liquidación de Valores S.A., which provides the book-entry settlement system for equity securities in Spain, or any successor entity thereto.

Iberclear means "Sociedad de Gestión de los Sistemas de Registro, Compensación y Liquidación de Valores, S.A. Unipersonal" whose commercial name is Iberclear;

Iberclear means the Spanish Central Securities Depository (Sociedad de Gestión de los Sistemas de Registro, Compensación y Liquidación de Valores, S.A., Sociedad Unipersonal);

Iberclear means Sociedad de Gestión de los Sistemas de Registro, Compensación y

Iberclear means the Spanish Sociedad de Gestión de los Sistemas de Registro, Compensación y

Iberclear means the Management Company of the Securities Clearing Settlement and Registry Systems

Iberclear means the Spanish clearance and settlement system through which holdings of, and trades in, shares are cleared and settled. ⚫ NomineeCo means Equiniti Corporate Nominees Limited or any other company (whether or not in the Equiniti Group) on which we may decide in the future. ⚫ nominee service means the nominee service provided by us to eligible shareholders of CDIs in the Company under these Terms and Conditions. ⚫ shares means any class of fully paid up shares in the Company held in the form of CDIs from time to time by NomineeCo on behalf of you and/or other participants. ⚫ transfer CDIs or shares means any circumstances where you transfer your CDIs (or the shares to which your CDIs entitle you to) including: - transferring additional CDIs to our nominee service to be held on your behalf; - transferring CDIs to another holder within the nominee service; - transferring CDIs to another CREST account; or - transferring underlying shares to another shareholding account with a depository financial institution which participates in Iberclear. ⚫ Santander Shareview Portfolio means the online portfolio service provided for the Santander Nominee Service by the Equiniti Group where quarterly statements will be made available to you. Further information can be found at: ⚫ Unclaimed payments means any payments over twelve