VPS System definition

VPS System means the technical system at VPS for the registration of instruments and the clearing and settlement of instrument transactions; and
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Examples of VPS System in a sentence

  • Shares or evidence of rights to receive Shares may be deposited through (x) electronic transfer of such Shares to the account of the Depositary in the Company's share registry on the Norwegian Verdipapirsentralen (the "VPS System"), (y) evidence satisfactory to the Custodian of irrevocable instructions to cause such Shares to be transferred to such account or (z) delivery of the certificates representing such Shares.

  • Unless the Subscription Documentation provides otherwise, the Underlying Shares purchased pursuant to the exercise of Rights will be registered in the VPS System in the name of the Norwegian Rights Holder exercising such Rights.

  • The Agent will deliver a Statement of Holding reflecting new shares of Company Common Stock registered in the VPS System, representing those shares of Common Stock purchased pursuant to exercise of the Basic Subscription Privilege as soon as practicable after the corresponding Rights have been validly exercised and full payment for such shares has been received and cleared.

  • Each Right shall be entered into the book entry VPS System and shall be irrevocable, transferable and shall evidence the Rights of the holders of record thereof (each of whom shall be deemed a “Norwegian Rights Holder”) to purchase Common Stock upon the terms and conditions set forth in the Norwegian Offering Circular and herein set forth.

  • In the event that remote access to the Contractor Axsis VPS System is blocked by City network security infrastructure, City‟s Department of Information Technology shall coordinate with Contractor to facilitate appropriate communications while maintaining required security measures.

  • Contractor shall provide to the City access to the AxsisTM VPS System, which provides the City with the ability to run and print any and all standard system reports.

  • The Agent will register new Rights in the VPS System in the name of the transferor evidencing any Rights not so transferred to the transferee or, if so instructed, to an additional transferee.

  • Such books will show the names and addresses of the respective Norwegian Rights Holders and the number of Rights registered in their names in the VPS System for purposes of determining the rights of holders of such Rights and Agent shall liaise with Computershare and any other co-subscription agent appointed to act as subscription agent for Record Date Rights Holders in the United States and elsewhere in order to record the issuance to and transfer of Rights by such Record Date Rights Holders.

  • Rights held by Norwegian Rights Holders shall be transferred, and the exercise of the Basic Subscription Privilege shall be effected, through the facilities of the VPS System.

  • Contractor shall repair the Axsis VPS System within one (1) business day from the time of the outage.

Related to VPS System

  • SDX System means the system used by NERC to exchange system data.

  • ▇▇▇▇▇ System means the ▇▇▇▇▇ filing system of the Commission and the rules and regulations pertaining thereto promulgated by the Commission in Regulation S-T under the Securities Act and the Exchange Act, in each case as the same may be amended or succeeded from time to time (and without regard to format).

  • Waterworks System means all waterworks and all appurtenances thereto, including water mains, service connections, pumping stations, wells, water storage facilities and treatment plants, and owned, controlled, maintained and operated by the City or by agreement between the City and others.

  • MERS(R) System The system of recording transfers of Mortgages electronically maintained by MERS.

  • PV System means, a photovoltaic system, including Solar Photovoltaic Panels, Inverters, Racking Systems, wiring and other electrical devices, as applicable, conduits, weatherproof housings, hardware, remote monitoring equipment, connectors, meters, disconnects and over current devices (including any replacement or additional parts included from time to time).