Common use of The Call Warrants Clause in Contracts

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.

Appears in 26 contracts

Samples: Warrant Agent Agreement (Lehman Abs Corp Goldman Sachs Note-Bk Ser 2003-12), Warrant Agent Agreement (Lehman Abs Corp At&t Note Backed Series 2003-18), Warrant Agent Agreement (Lehman Abs Corp Prudential Financial Note Backed Se 2003 20)

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