Poliza definition
Poliza granted before a Spanish Notary Public. "SPANISH SECURITY AGENT"
Poliza means either: (i) a certificate of title (poliza), duly executed by a Spanish notary public upon the instructions of the transferor and transferee, which, together with delivery of a physical certificate representing such security effectuates the legal transfer of title of a security under Spanish law; or (ii)(A) a physical certificate or certificates representing Shares or (B) indicia of ownership of Shares recognized under the laws of Spain from time to time, and acceptable to the Custodian, in each case properly endorsed or accompanied, if required by Spanish law or custom, by a duly executed instrument of transfer or endorsement in form acceptable to the Custodian and which upon delivery effectuates the legal transfer of title of a security under Spanish law; and which includes all reference numbers necessary to determine all rights and privileges, including the right to receive any dividends and other distributions to be paid or made available to the holder of such security after such security is deposited pursuant to this Deposit Agreement, whether or not such dividends or other distributions were declared or authorized prior to the time such security is so deposited.
Examples of Poliza in a sentence
At the request, risk and expense of the Holder hereof, the Depositary may deliver such Poliza and such Deposited Securities at the Depositary's Office or at such other place as may have been requested by the Holder.