uncertificated definition

uncertificated means, in relation to a share, a share title to which is recorded in the register as being held in uncertificated form and title to which, by virtue of the Uncertificated Securities Regulations, may be transferred by means of a relevant system;

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uncertificated in relation to a share means that, by virtue of legislation (other than section 778 of the Companies Act 2006) permitting title to shares to be evidenced and transferred without a certificate, title to that share is evidenced and may be transferred without a certificate; and

uncertificated or "in uncertificated form" means a share or other security title to which is recorded in the relevant register of the share or security as being held in uncertificated form, in CREST, and title to which, by virtue of the Regulations may be transferred by means of CREST

Examples of uncertificated in a sentence

• The “latest possible maturity date” of each Class of the Regular Certificates and each Uncertificated Lower-Tier Interest is the Rated Final Distribution Date for the purposes of Section 860G(a)(1) of the Code.

• The Lower-Tier REMIC will hold the Mortgage Loans and will issue the Class LA1, Class LA4, Class LA5, Class LASB, Class LAS, Class LB, Class LC, Class LD, Class LE, Class LJRR, Class LKRR and Class LVRR Uncertificated Interests (the “Lower-Tier Regular Interests”), which will evidence the “regular interests” in the Lower-Tier REMIC created hereunder.

• Allocations of Realized Losses to any Class of the Principal Balance Certificates shall be deemed to result in a corresponding reduction of the Lower-Tier Principal Amount of the Related Uncertificated Lower-Tier Interest.

• As of any date, the principal balance of each Uncertificated Lower-Tier Interest will equal its Lower-Tier Principal Amount.

• The Pass-Through Rate with respect to each Uncertificated Lower-Tier Interest will be the rate per annum set forth in the Introductory Statement hereto.

More Definitions of uncertificated

uncertificated means (in relation to a share) a share to which title may be transferred by means of an Uncertificated System in accordance with the Uncertificated Regulations.

uncertificated means in relation to any share or other security of the Company that title to it is evidenced and transferred or to be evidenced and transferred by means of a Relevant System;

uncertificated means, in respect of any Partnership Interest, a unit of a Partnership Interest, title to which is recorded on the relevant register of securities as being held in uncertificated form, and title to which may be transferred by means of any clearing system established for the Partnership;

uncertificated means in relation to a share, that title to the share is recorded on the register as being held in uncertificated form.

uncertificated means in relation to any share or other security of the Company that title to it is evidenced and transferred by means of the relevant system;

uncertificated means in relation to a share, a share to which title is recorded in the Share Register as being held in uncertificated form;

uncertificated or “in uncertificated form” a share or other security title to which is recorded in the relevant register of the share or security as being held in uncertificated form, in CREST, and title to which, by virtue of the Regulations may be transferred by means of CREST