In this Instrument, an intermediary is considered to hold a security if the security is held
(a) by the intermediary directly; or
(b) by the intermediary indirectly through another person or company on behalf of the intermediary.
In this Instrument, an intermediary is considered to hold a security if the security is held
(a) by the intermediary directly; or
(b) by the intermediary indirectly through another person or company on behalf of the intermediary.