Balance Certificate subject to the provisions of the Balance Certificate Agreement between Agent and DTC currently in effect. On each day on which Agent is open for business and on which it receives an instruction originated by a DTC participant ("Participant") through DTC's Deposit/Withdrawal at Custodian ("DWAC") system to increase the Participant's account by a specified number of Securities (a "Deposit Instruction"), Agent shall, no later than 6:30 p.m. (Eastern Time) that day, either approve or cancel the Deposit Instruction through the DWAC system. On each day on which Agent is open for business and on which it receives an instruction originated by Participant through the DWAC system to decrease the Participant's account by a specified number of Securities (a "Withdrawal Instruction"), Agent shall, no later than 6:30 p.m. (Eastern Time) that day, either approve or cancel the Withdrawal Instruction through the DWAC system. Agent agrees that its approval of a Deposit or Withdrawal Instruction shall be deemed to be the receipt by DTC of a new reissued or reregistered certificated Security on registration of transfer to the name of Cede & Co. for the quantity of Securities evidenced by the Balance Certificate after the Deposit or Withdrawal Instruction is effected.] [The Security certificate(s) shall be custodied with DTC.]
Balance Certificate subject to the provisions of the Balance Certificate Agreement between Agent and DTC currently in effect. On each day on which Agent is open for business and on which it receives an instruction originated by a Participant through DTC's Deposit/Withdrawal at Custodian ("DWAC") system to increase the Participant's account by a specified number of shares, units, or obligations (a "Deposit Instruction"). Agent shall, before 6:30 p.m. (Eastern Time) that day, either approve or cancel the Deposit Instruction through the DWAC system. On each day on which Agent is open for business and on which it receives an instruction originated by a Participant through the DWAC system to decrease the Participant's account by a specified number of shares, units, or obligations (a "Withdrawal Instruction"), Agent shall, at or before 6:30 p.m. (Eastern Time) that day, either approve or cancel the Withdrawal Instruction through the DWAC system. Agent agrees that its approval of a Deposit or Withdrawal Instruction shall be deemed to be the receipt by DTC of a new reissued or reregistered certificated security on registration of transfer to the name of Cede & Co. for the quantity of securities evidenced by the Balance Certificate after the Deposit or Withdrawal Instruction is effected. 109 RIDER 3 ------- [LOGO] REPRESENTATIONS FOR ERISA-RESTRICTED SECURITIES TO BE INCLUDED IN DTC LETTER OF REPRESENTATIONS ----------------------------------------------- Issuer and Agent recognize that DTC does not in any way undertake to, and shall not have any responsibility to, monitor or ascertain whether a transfer of Securities could give rise to a transaction prohibited or not otherwise permissible under the Employee Retirement Income Security Act of 1974 or under Section 4975 of the Internal Revenue Code of 1986. Issuer and Agent acknowledge that: a) so long as Cede & Co. is the sole record owner of the Securities, it shall be entitled to all voting rights in respect thereof and to receive the full amount of all principal, premium, if any, and interest payable with respect thereto; and b) DTC shall treat any DTC Participant having Securities credited to its DTC accounts as entitled to the full benefits of ownership of such Securities even if the crediting of such Securities to the DTC accounts of such Participant results from transfers or failures to transfer in violation of such laws. (The treatment by DTC of the effects of the crediting by it of Securities to the accounts of DTC Participant...
Balance Certificate shall have the meaning given to such term in Section 2.2(d) hereof.
Examples of Balance Certificate in a sentence
The Depositary is authorized to destroy ADRs so canceled, provided the Depositary maintains a record of all destroyed ADRs. Any ADSs held in book-entry form (i.e., through accounts at DTC) shall be deemed canceled when the Depositary causes the number of ADSs evidenced by the Balance Certificate to be reduced by the number of ADSs surrendered (without the need to physically destroy the Balance Certificate).
Any Global Security may be deposited with the Depositary or its nominee, or may remain in the custody of the Trustee or the Security Custodian therefor pursuant to a FAST Balance Certificate Agreement or similar agreement between the Trustee and the Depositary.
The Depositary is authorized to destroy ADRs so canceled, provided the Depositary maintains a record of all destroyed ADRs. Any ADSs held in book-entry form (e.g., through accounts at DTC) shall be deemed canceled when the Depositary causes the number of ADSs evidenced by the Balance Certificate to be reduced by the number of ADSs surrendered (without the need to physically destroy the Balance Certificate).
Citibank, N.A. (or such other entity as is appointed by DTC or its nominee) may hold the "Balance Certificate" as custodian for DTC.
Any ADSs held in book-entry form (i.e., through accounts at DTC) shall be deemed canceled when the Depositary causes the number of ADSs evidenced by the Balance Certificate to be reduced by the number of ADSs surrendered (without the need to physically destroy the Balance Certificate).
More Definitions of Balance Certificate
Balance Certificate subject to the provisions of the Balance Certificate Agreement between Agent and DTC currently in effect. On each day on which Agent is open for business and on which it receives an instruction originated by a Participant through DTC's Deposit/Withdrawal at Custodian ("DWAC") system to increase the Participant's account by a specified number of shares, units, or obligations (a "Deposit Instruction"), Agent shall, before 6:30 p.m. (Eastern Time) that day, either approve or cancel the Deposit Instruction through the DWAC system. On each day on which Agent is open for business and on which it receives an instruction originated by a Participant through the DWAC system to decrease the Participant's account by a specified number of shares, units, or obligations (a "Withdrawal Instruction"), Agent shall, at or before 6:30 p.m. (Eastern Time) that day, either approve or cancel the Withdrawal Instruction through the DWAC system. Agent agrees that its approval of a Deposit or Withdrawal Instruction shall be deemed to be the receipt by DTC of a new reissued or reregistered certificated security on registration of transfer to the name of Cede & Co. for the quantity of securities evidenced by the Balance Certificate after the Deposit or Withdrawal Instruction is effected. SCHEDULE A ---------- (Describe Issue) First USA Credit Card Master Trust $650,000,000 Class A 5.28% Asset Backed Certificates, Series 1998-9 $44,828,000 Class B 5.55% Asset Backed Certificates, Series 1998-9 CUSIP Principal Amount Maturity Date Interest Rate ----- ---------------- -------------- ------------- 000000XX0 $200,000,000 September 18, 2006 5.28% 000000XX0 $200,000,000 September 18, 2006 5.28% 000000XX0 $200,000,000 September 18, 2006 5.28% 000000XX0 $ 50,000,000 September 18, 2006 5.28% 000000XX0 $ 44,828,000 September 18, 2006 5.55% C-10 SCHEDULE B ---------- SAMPLE OFFICIAL STATEMENT LANGUAGE DESCRIBING BOOK-ENTRY-ONLY ISSUANCE ----------------------------------- (Prepared By DTC--bracketed material may be applicable only to certain issues)
Balance Certificate subject to the provisions of the Balance Certificate Agreement between Agent and DTC currently in effect.
Balance Certificate evidencing all ADSs held through DTC or if at any time it ceases to be a clearing agency registered under the Exchange Act, and in either case a successor Holder is not appointed by the Company within 90 days, then (i) beneficial interests in the "Balance Certificate" shall be exchanged for Receipts in certificated form, (ii) the Depositary shall obtain a supply of definitive certificated Receipts substantially in the form of Exhibit A hereto, and (iii) the Depositary shall, upon the order of the Company, execute and deliver such definitive certificated Receipts registered in such names and in such amounts as directed by the Holder in exchange for the "Balance Certificate".
Balance Certificate means a certificate registered in the name of Cede & Co. which evidences (i) record ownership by Cede & Co. of the number of shares or units of the issue shown from time to time on the records of the issuer thereof or (ii) the du- ties of the issuer thereof to perform the obligations shown from time to time on the records of the issuer thereof, which records are maintained by Transfer Agent, as being evidenced by such certificate, which certificate shall be retained by Transfer Agent. Each Balance Certifi- cate shall be registered:
(I) If it is an equity security as follows: “Cede & Co. for the number of [insert de- scription of interests represented by certificate] shown from time to time on the records of the issuer hereof as represented by this certificate.”
(II) If it is a debt security, in a manner which obligates the issuer to make payment to Cede & Co. (e.g. “∙∙∙ hereby promises to pay to Cede & Co. ∙∙∙”) and which describes the sum to be paid to Cede & Co. as the “sum shown from time to time on the records of the is- xxxx hereof as represented by this [insert description of instrument as used in the actual in- strument e.g. this debenture or this bond]”.
Balance Certificate shall have the meaning set forth in Section 1.25.
Balance Certificate means a certificate registered in the name of Cede & Co. which evidences (i) record ownership by Cede & Co. of the number of shares or units of the issue shown from time to time on the records of the issuer thereof or
Balance Certificate means a certificate registered in the name of Cede & Co. which evidences (I) record ownership by Cede & Co. of the number of shares or units of the issue shown from time to time on the records of the issuer thereof or (ii) the duties of the issuer thereof to perform the obligations shown from time to time on the records of the issuer thereof, which records are maintained by Transfer Agent, as being evidenced by such certificate, which certificate shall be retained by Transfer Agent. Each Balance Certificate shall be registered:
(I) If it is an equity security as follows: “Cede & Co. for the number of [insert description of interests represented by certificate] shown from time to time on the records of the issuer hereof as represented by this certificate.”