Uncertificated Securities Register definition

Uncertificated Securities Register means the record of Uncertificated Securities administered and maintained by a Participant or Central Securities Depositary, as determined in accordance with the rules of the Central Securities Depositary.

Uncertificated Securities Register. ’ means the record of uncertificated securities administered and maintained by a participant or central securities depository, as determined in accordance with the rules of a central securities depository, and 30

Uncertificated Securities Register means the record of uncertificated securities administered and maintained by a participant or a licensed central securities depository, as determined in accordance with the depository rules, and, in respect of securities issued in terms of the Companies Act, has the meaning assigned to it in section 1 of that Act;

Examples of Uncertificated Securities Register in a sentence

• Transfer of ownership in any Uncertificated Securities must be effected by debiting the account in the Uncertificated Securities Register from which the transfer is effected and crediting the account in the Uncertificated Securities Register to which the transfer is effected, in accordance with the rules of the Central Securities Depository.

• Any Uncertificated Securities may be withdrawn from the Uncertificated Securities Register, and certificates issued evidencing those Securities at the election of the holder of those Uncertificated Securities.

• The Securities Register or Uncertificated Securities Register maintained in accordance with the Act shall be sufficient proof of the facts recorded in it, in the absence of evidence to the contrary.

• A holder of Uncertificated Securities who elects to withdraw all or part of the Uncertificated Securities held by it in an Uncertificated Securities Register, and obtain a certificate in respect of those withdrawn Securities, may so notify the relevant Participant or Central Securities Depository as required by the rules of the Central Securities Depository.

• The Participant, or the CSD, as the case may be, shall alter the Uncertificated Securities Register in respect of any change of name, address or account number of any of the Noteholders of uncertificated notes of which it is notified.

More Definitions of Uncertificated Securities Register

Uncertificated Securities Register means the record of uncertificated securities administered and maintained by a participant or central securities depository, as determined in accordance with the rules of a central securities depository, and which forms part of the relevant company’s securities register established and maintained in terms of Part E of Chapter 2;

Uncertificated Securities Register means the record of uncertificated securities administered and maintained by a Participant or Central Securities Depositary, as determined in accordance with the rules of the Central Securities Depositary and, in respect of securities issued in terms of the Act, has the meaning assigned to it in section 1.

Uncertificated Securities Register means the record of uncertificated securities administered and maintained by a participant or Central Securities Depositary, as determined in accordance with the rules of the Central Securities Depositary, and which forms part of the company’s securities register established and maintained in terms of the Act.

Uncertificated Securities Register. ’ means the record of uncertificated securities 40

Uncertificated Securities Register means the record of Uncertificated Securities administered and maintained by a Participant or Central Securities Depository, as determined in accordance with the rules of the Central Securities Depository, and which forms part of the Securities Register.

Uncertificated Securities Register means the record of uncertificated securities administered and maintained by a CSDP (as determined in accordance with the rules of the CSDP), and which forms part of the securities register;

Uncertificated Securities Register means the record of Uncertificated Securities administered and maintained by a Participant or Strate, as determined in accordance with the Strate Rules, and in respect of Securities issued in terms of the Companies Act, has the meaning assigned in section 1 of that Act;