SWORD Regulations definition
Examples of SWORD Regulations in a sentence
We may give you reasonable notice (or in the latter case onward notification of the notice received by us from our sub-custodian) to collect any such Warrants or to cause them to be lodged in SWORD in accordance with the SWORD Regulations.
You consent for the purposes of the SWORD Regulations to us lodging or causing the lodgement of Warrants through a sub-custodian with the Depository and to our and/or our sub-custodian dealing with the Warrants on the terms of the SWORD Regulations.
We may give you reasonable notice to collect any such Warrants or to cause them to be lodged in SWORD in accordance with the SWORD Regulations.
Where we have lodged or caused to be lodged through a sub-custodian a Warrant on your behalf, you represent and warrant to us that the Warrant and the commodity to which it relates are beneficially owned by you and free of encumbrances and that all requirements of the SWORD Regulations for lodgement are satisfied and authorise us in turn to make, as between ourselves and our sub- custodian, identical an representation and warranty.
If you wish to withdraw Warrants which we are holding for you in SWORD, you will give us reasonable notice to enable us to comply with the SWORD Regulations, and we shall not be responsible other than to take reasonable steps to comply with your request insofar as it is practicable.
Where we have lodged a Warrant on your behalf, you represent and warrant to us that the Warrant and the commodity to which it relates are beneficially owned by you and free of encumbrances and that all requirements of the SWORD Regulations for lodgement are satisfied.
You consent for the purposes of the SWORD Regulations to us lodging Warrants with the SWORD depository and to our dealing with the Warrants on the terms of the SWORD Regulations.
Where we have lodged or caused to be lodged through a sub-custodian a Warrant on your behalf, you represent and warrant to us that the Warrant and the commodity to which it relates are beneficially owned by you and free of encumbrances and that all requirements of the SWORD Regulations for lodgement are satisfied and authorise us in turn to make, as between ourselves and our sub-custodian, identical an representation and warranty.
Where UOBBF has lodged or caused to be lodged through a sub-custodian a Warrant on your behalf, you represent and warrant to UOBBF that the Warrant and the commodity to which it relates are beneficially owned by you and free of encumbrances and that all requirements of the SWORD Regulations for lodgement are satisfied and authorise UOBBF in turn to make, as between UOBBF and UOBBF’s sub-custodian, an identical representation and warranty.
You consent for the purposes of the SWORD Regulations to us lodging or causing the lodgement of Warrants through a sub- custodian with the Depository and to our and/or our sub-custodian dealing with the Warrants on the terms of the SWORD Regulations.