CDS Participant definition

CDS Participant means a participant in CDS that holds security entitlements in Units on behalf of beneficial owners of those Units;

CDS Participant means a broker, dealer, bank, other financial institution or other person who, directly or indirectly, from time to time, effects book-based transfers with CDS and pledges of securities deposited with CDS;

CDS Participant means a broker, dealer, bank or other financial institution or other person for whom, from time to time, CDS effects book entries for the Units deposited with CDS.

Examples of CDS Participant in a sentence

• All rights of beneficial Limited Partners who hold Units in CDS must be exercised through, and all payments or other property to which such Limited Partners are entitled will be made or delivered by CDS or the CDS Participant through which the Limited Partner holds such Units.

• Units held in CDS will be purchased, transferred and surrendered for redemption through a CDS Participant.

• A Limited Partner beneficially holding Units through the NCI system will not be entitled to a Certificate or other instrument from the Partnership or the Transfer Agent evidencing that Person’s interest in or ownership of Units, nor, to the extent applicable, will such Limited Partner be shown on the records maintained by CDS, except through an agent who is a CDS Participant.

• If the CDS Participant is not able to make or deliver the foregoing representations by initiating the electronic exercise of the Warrants, then such Warrants shall be withdrawn from the book based registration system, including that of the Depository, by the CDS participant and an individually registered Warrant Certificate shall be issued by the Warrant Agent to such beneficial owner or CDS participant and the exercise procedures set forth in Section 3.1 shall be followed.

• By causing a CDS Participant to deliver to CDS a Subscription Notice, a beneficial owner shall be deemed to have irrevocably surrendered his, her or its Warrants so exercised and appointed such CDS Participant to act as his, her or its exclusive settlement agent with respect to the exercise and the receipt of Common Shares in connection with the obligations arising from such exercise.

More Definitions of CDS Participant

CDS Participant means a broker, dealer, bank or other financial institution or other person for whom, from time to time, CDS effects book entries for the Warrants deposited with CDS;

CDS Participant means a broker, dealer, bank or other financial institution or other person for whom CDS effects book- entry transfers and pledges of Deposit Notes under the Book-Entry System;

CDS Participant means a participant in CDS.

CDS Participant means a participant in CDS that holds ETF Shares or ETF Units, as the case may be, of a fund on behalf of beneficial owners of ETF Shares or ETF Units, as applicable.

CDS Participant means a participant in the CDS depository service;

CDS Participant means a participant in CDS that holds ETF Shares on behalf of beneficial owners of those ETF Shares;

CDS Participant means a person recognized by CDS as a participant;