Common Depositary definition

Common Depositary has the meaning specified in Section 304.

Common Depositary. The common depositary for Euroclear, Clearstream and/or any other applicable clearing system, which will hold Common Depositary Notes on behalf of Euroclear, Clearstream and/or any such other applicable clearing system.

Common Depositary has the meaning specified in Section 3.4.

Examples of Common Depositary in a sentence

• Definitive Notes may be transferred or exchanged in whole or in part only in the authorized denominations of the DTC Notes or Common Depositary Notes issued in global form for which they were exchanged.

• A person having an interest in a DTC Note or Common Depositary Note issued in global form shall provide Freddie Mac or the Global Agent with a written order containing instructions and such other information as Freddie Mac or the Global Agent may require to complete, execute and deliver such definitive Notes in authorized denominations.

• Original Notes shall be deposited with (i) the Global Agent as a custodian for, and registered in the name of a nominee of, DTC, or (ii) the Global Agent as a Common Depositary, and registered in the name of such Common Depositary or a nominee of such Common Depositary.

• Notes that are deposited with a Common Depositary and that will clear and settle through the systems operated by Euroclear, Clearstream and/or any such other applicable clearing system other than DTC.

• Upon issuance of any Common Depositary Note to be held on deposit by the Global Agent, the Registrar or its duly appointed agent shall record the name of CEDE & CO.

More Definitions of Common Depositary

Common Depositary means the common depositary for Euroclear and Clearstream, Luxembourg;

Common Depositary has the meaning specified in Section 3.04.

Common Depositary means the common depositary for Euroclear, Clearstream and/or any other applicable clearing system, which will hold Common Depositary Notes on behalf of Euroclear, Clearstream and/or any such other applicable clearing system.

Common Depositary means The Bank of New York Mellon, London Branch, as common depositary for the Depositary.

Common Depositary means a depositary common to Euroclear and Clearstream, being initially Citibank Europe plc, until a successor Common Depositary, if any, shall have become such pursuant to this Indenture, and thereafter Common Depositary shall mean or include each Person who is then a Common Depositary hereunder.

Common Depositary means a common depositary on behalf of Euroclear and Clearstream, Luxembourg.

Common Depositary means the Person specified in the applicable Supplement, in its capacity as common depositary for the respective accounts of any Foreign Clearing Agencies.