Examples of securities settlement system in a sentence
Notices to the holders shall be valid if delivered by or on behalf of the Issuer to the NBB for communication by it to the participants of the Securities Settlement System.
Payments in respect of Securities For so long as the Securities are held in the Securities Settlement System, payments in respect of the Securities shall be made to holders who have delivered to the Agent evidence satisfactory to the Agent that they are a holder.
Any such notice shall be deemed given on the date and at the time it is delivered to the Securities Settlement System.
The Securities can be held by their holders through the participants in the Securities Settlement System, including Euroclear Bank SA/NV (“Euroclear”) and Clearstream Banking société anonyme (“Clearstream Luxembourg”) and through other financial intermediaries which in turn hold the Securities through Euroclear and Clearstream Luxembourg or other participants in the Securities Settlement System.