Main Register definition
Examples of Main Register in a sentence
Once the Uncertificated Securities are registered in the Main Register of the Clearing System and entered into the accounts of one or more participants of the Clearing System, the Products will constitute intermediated securities (Bucheffekten) ("Intermediated Securities") in accordance with the provisions of the Swiss Federal Intermediated Securities Act (Bucheffektengesetz).
Such Uncertificated Securities will then be entered into the main register of the Clearing System (Hauptregister) (the "Main Register of the Clearing System").
Once the uncertificated securities shall have been registered in the Main Register of the CSD and entered into the accounts of one or more of the CSD's participants, the A Warrants will constitute intermediated securities (titres intermédiés) (the "Intermediated Securities") in accordance with the provisions of the ISA.
Such uncertificated securities will then be entered into the main register (registre principal) of SIS or any other Swiss or foreign central securities depository recognized for such purposes by the Relevant Exchange (SIS or any such other central securities depository, the "CSD") within the meaning of Article 6 of the Swiss Federal Intermediated Securities Act of 2008, as amended (the "ISA") (the "Main Register").