Bond Depository definition

Bond Depository means the securities depository from time to time under Section 201 hereof, which may be the District.
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Bond Depository means The Depository Trust Company, New York, New York, a limited purpose trust company organized under the laws of the State of New York, and any successor Bond Depository appointed pursuant to Section 2.11 hereof.
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Bond Depository means DTC.
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Examples of Bond Depository in a sentence

  • Upon delivery by the Bond Depository to the Master Trustee of written notice to the effect that the Bond Depository has determined to substitute a new nominee in place of Cede & Co., the words “Cede & Co.” in the Trust Agreement shall refer to such new nominee of the Bond Depository.

  • No person other than the Bond Depository shall receive an authenticated Bond evidencing the obligation of the Trust to make payments of principal or Redemption Price of, and interest pursuant to the Trust Agreement.

  • Upon initial issuance, the ownership of the Bonds shall be registered in the registry books of the Trust kept by the Master Trustee in the name of Cede & Co., as nominee of the Bond Depository.

  • The Master Trustee shall pay the principal amount or Redemption Price of, and interest on, the Bonds only to or upon the order of the Bond Depository, and all such payments shall be valid and effective to fully satisfy and discharge the Trust’s obligations with respect to the principal amount or Redemption Price of, and interest on, the Bonds to the extent of the sum or sums so paid.

  • With respect to the Bonds registered in the registry books kept by the Master Trustee in the name of Cede & Co., as nominee of the Bond Depository, the Trust and the Master Trustee shall have no responsibility or obligation to any Participant or to any Beneficial Owner of the Bonds.


More Definitions of Bond Depository

Bond Depository means the securities depository existing from time to time under Section 201 hereof.
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Bond Depository means The Depository Trust Company, and its successors and any replacement depository appointed pursuant to Section 211 hereof;
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Bond Depository means The Depository Trust Company and its successors and assigns or any other securities depository selected by the Commission which agrees to follow the procedures required to be followed by such securities depository in connection with a Series of Variable Rate Bonds.
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Bond Depository means the securities depository for [the Issue Bonds/a Series of Master Plan Bonds/a Series of Infrastructure Bonds/a Series of Bonds] appointed as such pursuant to [Section /the 1991 Resolution] and its successors and assigns.
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Bond Depository means The Depository Trust Company or such other securities depository as the Authority may appoint pursuant to Section 502 of the General Resolution, and its successors and any replacement securities depository appointed pursuant to Section 502 of the Thirteenth Supplemental Resolution and the Fourteenth Supplemental Resolution.
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Bond Depository means the depositary from time to time selected by the Indenture Trustee on behalf of the Issuer in whose name the Bonds are registered prior to the issuance of Definitive Bonds. The initial Bond Depository shall be Cede & Co., the nominee of the initial Clearing Agency.
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Bond Depository means the securities depository from time to time under Section
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