Examples of Individual Securities in a sentence
Individual Securities issued in exchange for a Global Security pursuant to this Section shall be registered in such names and in such authorized denominations as the Depositary for such Global Security, pursuant to instructions from its direct or indirect participants or otherwise, shall instruct the Trustee.
The Capital Adjustment applicable to each class of Micro or Commodity Security on any day is published on the Issuer’s website at http://www.etfsecurities.com/retail/uk/en-gb/pricing.aspx.The formula and method of calculating the Price is the same for all classes of Individual Securities, all classes of Micro Securities and all categories of Index Securities.
Upon the exchange in full of a Global Security for Individual Securities, such Global Security shall be canceled by the Trustee.
Except as provided below, owners of beneficial interests in Global Securities will not be entitled to receive Individual Securities.
Upon any exchange of a portion of a temporary Global Security for a definitive Global Security or for the Individual Securities represented thereby pursuant to this Section 3.04 or Section 3.06, the temporary Global Security shall be endorsed by the Trustee to reflect the reduction of the principal amount evidenced thereby, whereupon the principal amount of such temporary Global Security shall be reduced for all purposes by the amount so exchanged and endorsed.