The Call Warrants. (a) The Call Warrants shall initially be issued as one or more Global Call Warrants in definitive, fully registered form without coupons, and DTC shall be the Depository. Upon issuance, the Global Call Warrants shall initially be deposited with the Trustee in its capacity as custodian on behalf of DTC. Such Global Call Warrants shall initially be registered in the name of Cede & Co. or another nominee designated by DTC. Global Call Warrants shall clear and settle in book-entry only form through the facilities of the Depository. Unless and until it is exchanged in whole or in part for Certificated Call Warrants, a Global Call Warrant may not be transferred except as a whole by the Depository for such Global Call Warrant to a nominee of such Depository, or by a nominee of such Depository to such Depository or another nominee of such Depository, or by such Depository or any such nominee to a successor of such Depository or a nominee of such successor. The Registered Warrant Amount of Call Warrants may from time to time be increased or decreased by adjustments made on the records of the Trustee, as custodian for DTC for such Global Call Warrant, as provided in this Section. (b) The Warrant Agent shall register the transfer or exchange of any Global Call Warrant without requiring any additional certification. (c) Interests of beneficial owners in a Global Call Warrant may be transferred in accordance with the rules and procedures of DTC and any other applicable Depositories. In connection with any exchange of beneficial ownership interests in a Global Call Warrant for Certificated Call Warrants pursuant to Section 2.3, the Warrant Agent shall reflect on its books and records the date of such exchange and a decrease in the Registered Warrant Amount of such Global Call Warrant in an amount equal to the Warrant Amount of the beneficial ownership interests in such Global Call Warrant being exchanged for Certificated Call Warrants.
Appears in 20 contracts
Samples: Series Supplement (Lehman Abs Corp Bellsouth Debt- Backed Ser 2003-14), Series Supplement (Lehman Abs Corp Goldman Sachs Note-Bk Ser 2003-12), Series Supplement (Lehman Abs Corp Verizon New York Debenture Backed 2004-1)
The Call Warrants. (a) The Call Warrants shall initially be issued as one or more Global Call Warrants in definitive, fully registered form without coupons, and DTC shall be the Depository. Upon issuance, the Global Call Warrants shall initially be deposited with the Trustee in its capacity as custodian on behalf of DTC. Such Global Call Warrants shall initially be registered in the name of Cede & Co. or another nominee designated by DTC. Global Call Warrants shall clear and settle in book-entry only form through the facilities of the Depository. Unless and until it is exchanged in whole or in part for Certificated Call Warrants, a Global Call Warrant may not be transferred except as a whole by the Depository for such Global Call Warrant to a nominee of such Depository, or by a nominee of such Depository to such Depository or another nominee of such Depository, or by such Depository or any such nominee to a successor of such Depository or a nominee of such successor. The Registered Warrant Amount of Call Warrants may from time to time be increased or decreased by adjustments made on the records of the Trustee, as custodian for DTC for such Global Call Warrant, as provided in this Section.
(b) The Warrant Agent shall register the transfer or exchange of any Global Call Warrant without requiring any additional certification.
(c) Interests of beneficial owners in a Global Call Warrant may be transferred in accordance with the rules and procedures of DTC and any other applicable Depositories. In connection with any exchange of beneficial ownership interests in a Global Call Warrant for Certificated Call Warrants pursuant to Section 2.3, the Warrant Agent shall reflect on its books and records the date of such exchange and a decrease in the Registered Warrant Amount of such Global Call Warrant in an amount equal to the Warrant Amount of the beneficial ownership interests in such Global Call Warrant being exchanged for Certificated Call Warrants.applicable
Appears in 6 contracts
Samples: Series Supplement (Lehman Abs Corp Sprint Capital Back Ser 2003 17 Class a 1), Corporate Backed Trust Certificates (Lehman Abs Daimlerchrysler Deb-BKD Ser 2003-15), Series Supplement (Lehman Abs Corp At&t Note Backed Series 2003-18)
The Call Warrants. (a) The Class A-1 Call Warrants shall consist initially of 1,800,000 Call Warrants, each relating to $25 principal amount of Class A-1 Certificates. The Class A-2 Call Warrants shall consist initially of 2,888 Call Warrants, each relating to $1,000 Initial Amortizing Notional Balance of Class A-2 Certificates.
(b) The Call Warrants shall initially be issued as one or more Global Call Warrants in definitive, fully registered form without coupons, and DTC shall be the Depository. Upon issuance, the Global Call Warrants shall initially be deposited with the Trustee in its capacity as custodian on behalf of DTC. Such Global Call Warrants shall initially be registered in the name of Cede & Co. or another nominee designated by DTC. Global Call Warrants shall clear and settle in book-entry only form through the facilities of the Depository. Unless and until it is exchanged in whole or in part for Certificated Call Warrants, a Global Call Warrant may not be transferred except as a whole by the Depository for such Global Call Warrant to a nominee of such Depository, or by a nominee of such Depository to such Depository or another nominee of such Depository, or by such Depository or any such nominee to a successor of such Depository or a nominee of such successor. The Registered Warrant Amount of Call Warrants may from time to time be increased or decreased by adjustments made on the records of the Trustee, as custodian for DTC for such Global Call Warrant, as provided in this Section.
(bc) The Warrant Agent shall register the transfer or exchange of any Global Call Warrant without requiring any additional certification.
(cd) Interests of beneficial owners in a Global Call Warrant may be transferred in accordance with the rules and procedures of DTC and any other applicable Depositories. In connection with any exchange of beneficial ownership interests in a Global Call Warrant for Certificated Call Warrants pursuant to Section 2.3, the Warrant Agent shall reflect on its books and records the date of such exchange and a decrease in the Registered Warrant Amount of such Global Call Warrant in an amount equal to the Warrant Amount of the beneficial ownership interests in such Global Call Warrant being exchanged for Certificated Call Warrants.
Appears in 1 contract
Samples: Series Supplement (Lehman Abs Corp Daimlerchrysler Debenture-Backed Series 2004-8)
The Call Warrants. (a) The Call Warrants shall initially be issued as one or more Certificated Call Warrants in definitive, fully registered form without coupons in the name of the purchaser. Upon issuance, the Certificated Call Warrants shall initially be delivered to the purchaser or its nominee. Such Certificated Call Warrants shall initially be registered in the name of to the purchaser or its nominee. The Call Warrants shall be held subsequent to the Closing Date as Certificated Call Warrants or Global Call Warrants as set forth in Section 4.2(a) below. The Global Call Warrants shall be issued, as one or more Global Call Warrants, in definitive, fully registered form without coupons, and DTC shall be the Depository. Upon issuance, the Global Call Warrants shall initially be deposited with the Trustee in its capacity as custodian on behalf of DTC. Such Global Call Warrants shall initially be registered in the name of Cede & Co. or another nominee designated by DTC. Global Call Warrants shall clear and settle in book-entry only form through the facilities of the Depository. Unless and until it is exchanged in whole or in part for Certificated Call Warrants, a Global Call Warrant may not be transferred except as a whole by the Depository for such Global Call Warrant to a nominee of such Depository, or by a nominee of such Depository to such Depository or another nominee of such Depository, or by such Depository or any such nominee to a successor of such Depository or a nominee of such successor. The Registered Warrant Amount of Call Warrants may from time to time be increased or decreased by adjustments made on the records of the Trustee, as custodian for DTC for such Global Call Warrant, as provided in this Section.
(b) The Warrant Agent shall register the transfer or exchange of any Global Call Warrant without requiring any additional certification.
(c) Interests of beneficial owners in a Global Call Warrant may be transferred in accordance with the rules and procedures of DTC and any other applicable Depositories. In connection with any exchange of beneficial ownership interests in a Global Call Warrant for Certificated Call Warrants pursuant to Section 2.3, the Warrant Agent shall reflect on its books and records the date of such exchange and a decrease in the Registered Warrant Amount of such Global Call Warrant in an amount equal to the Warrant Amount of the beneficial ownership interests in such Global Call Warrant being exchanged for Certificated Call Warrants.
Appears in 1 contract
The Call Warrants. (a) The Class A-1 Call Warrants shall consist initially of 1,200,000 Call Warrants, each relating to $25 principal amount of Class A-1 Certificates. The Class A-2 Call Warrants shall consist initially of 162 Call Warrants, each relating to $25 Initial Amortizing Notional Balance of Class A-2 Certificates.
(b) The Call Warrants shall initially be issued as one or more Global Call Warrants in definitive, fully registered form without coupons, and DTC shall be the Depository. Upon issuance, the Global Call Warrants shall initially be deposited with the Trustee in its capacity as custodian on behalf of DTC. Such Global Call Warrants shall initially be registered in the name of Cede & Co. or another nominee designated by DTC. Global Call Warrants shall clear and settle in book-entry only form through the facilities of the Depository. Unless and until it is exchanged in whole or in part for Certificated Call Warrants, a Global Call Warrant may not be transferred except as a whole by the Depository for such Global Call Warrant to a nominee of such Depository, or by a nominee of such Depository to such Depository or another nominee of such Depository, or by such Depository or any such nominee to a successor of such Depository or a nominee of such successor. The Registered Warrant Amount of Call Warrants may from time to time be increased or decreased by adjustments made on the records of the Trustee, as custodian for DTC for such Global Call Warrant, as provided in this Section.
(bc) The Warrant Agent shall register the transfer or exchange of any Global Call Warrant without requiring any additional certification.
(cd) Interests of beneficial owners in a Global Call Warrant may be transferred in accordance with the rules and procedures of DTC and any other applicable Depositories. In connection with any exchange of beneficial ownership interests in a Global Call Warrant for Certificated Call Warrants pursuant to Section 2.3, the Warrant Agent shall reflect on its books and records the date of such exchange and a decrease in the Registered Warrant Amount of such Global Call Warrant in an amount equal to the Warrant Amount of the beneficial ownership interests in such Global Call Warrant being exchanged for Certificated Call Warrants.
Appears in 1 contract
Samples: Series Supplement (Lehman Abs Corp Goldman Sachs Cap 1 Sec BCK Ser 2004-7 Class A1)