Austraclear System definition

Austraclear System means the system operated by Austraclear for holding securities and the electronic recording and settling of transactions in those securities between members of that system.
Austraclear System means the clearing and settlement system operated by Austraclear in Australia for holding securities and electronic recording and the settling of transactions in those securities between participants of that system;
Austraclear System means the system for the clearance and settlement of debt securities operated by Austraclear Limited (an ASX subsidiary).

Examples of Austraclear System in a sentence

  • Austraclear System means the system operated by Austraclear for holding securities and electronic recording and settling of transactions in those securities between members of that system.

  • Austraclear System means the system operated by Austraclear in Australia for holding securities and electronic recording and settling of transactions in those securities between members of that system.

  • Austraclear Regulations means the regulations known as “Austraclear System Regulations” established by Austraclear to govern the use of the Austraclear System.

  • Austraclear System means the clearing and settlement system operated by Austraclear in Australia for holding securities and electronic recording and settling of transactions in those securities between participants of that system.

  • If a Note is lodged in the Austraclear System, neither the Issuer nor the relevant Registrar will recognise any such interest other than the interest of Austraclear as the Noteholder while that Note is lodged in the Austraclear System.


More Definitions of Austraclear System

Austraclear System means the System as defined in the Austraclear Regulations.
Austraclear System means the securities clearing and settlement facility operated by the Reserve Bank of New Zealand and known as the Austraclear New Zealand System;
Austraclear System means the "SYSTEM" as defined in the Austraclear Regulations.
Austraclear System means the system operated by Austraclear in accordance with the Austraclear Regulations.
Austraclear System means the securities clearing and settlement facility operated by the Reserve Bank of New Zealand and known as the Austraclear New Zealand System and includes any securities clearing and/or settlement facility which replaces or supersedes it from time to time.
Austraclear System means of the Austraclear System; or
Austraclear System means the facility established by Austraclear Limited for the deposit and safe custody of securities, the facilitation of the settlement of transactions between participants of Austraclear, the transmission of information relating to dealings between participants of Austraclear and the movement of funds between the banks of participants of Austraclear.