Securities Account definition

Securities Account is any “securities account” as defined in the Code with such additions to such term as may hereafter be made.
Securities Account means a securities account (as that term is defined in the Code).
Securities Account means the account for dematerialised securities maintained by the CSD pursuant to the Financial Instruments Accounts Act in which (i) an owner of such security is directly registered or (ii) an owner’s holding of securities is registered in the name of a nominee.

Examples of Securities Account in a sentence

  • INSTRUCTIONSThis FAA is for the use of Depositors who wish to accept the Offer in respect of all or part of the total number of Offer Shares standing to the credit of the “Free Balance” of their Securities Account or purchased on the Singapore Exchange Securities Trading Limited (the “SGX ST”).

  • If you purchase Shares by way of transfer, your exercise of your rights under Section 215(3) of the Act in respect of such Shares will be rejected if the “Free Balance” of your Securities Account is not credited with such Shares by 5.00 p.m. (Singapore time) on the Date of Receipt or 5.30 p.m. (Singapore time) on the Closing Date (if this FAA is received by CDP on the Closing Date).

  • Upon receipt of this FAA, CDP will transfer the Shares in respect of which you have exercised your rights under Section 215(3) of the Act from the “Free Balance” of your Securities Account to a “Suspense Account”.

  • Upon receipt of this FAA, CDP will transfer the Offer Shares in respect of which you have accepted the Offer from the “Free Balance” of your Securities Account to a “Suspense Account”.

  • As the Offer is unconditional in all respects, CDP will send you a notification letter stating the number of Offer Shares debited from your Securities Account together with payment of the Offer Price by way of a cheque drawn on a bank in Singapore for the appropriate amount, or in such other manner as you may have agreed with CDP for the payment of any cash distributions.


More Definitions of Securities Account

Securities Account. As defined in Section 8-501(a) of the UCC.
Securities Account has the meaning assigned to such term in the UCC.
Securities Account means an account to which a financial asset is or may be credited in accordance with an agreement under which the Person maintaining the account undertakes to treat the Person for whom the account is maintained as entitled to exercise the rights that comprise the financial asset.
Securities Account shall have the meaning set forth in Article 8 of the UCC.
Securities Account shall have the meaning given such term in Section 8-501(a) of the UCC.
Securities Account means a securities account (as that term is defined in the UCC).
Securities Account means a “securities account” (as defined in Article 9 of the UCC), an investment account, or other account in which investment property or securities are held or invested for credit to or for the benefit of any Borrower.