Book Entry Position definition

Book Entry Position means any position in Units of a Trust which ownership is recorded on the books of the Trustee which notation evidences ownership of an undivided fraction interest in a Trust in book entry form.
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Examples of Book Entry Position in a sentence

  • Upon the sale of Units to a purchaser, the Units will be evidenced by a Book Entry Position unless, if so provided for in the Prospectus, such purchaser expressly requests that the purchased Units be evidenced in Certificate form.

  • It is a ubiquitous program conducted at governments and large employers across the state and the country by the United Way.

  • Upon the issuance of any new Certificate or recording of any Book Entry Position on the books of the Trustee a sum sufficient to pay any tax or other governmental charge and the fees and expenses of the Trustee may be imposed.

  • The term “gifts” means contributions of cash given voluntarily toward an event, project, program or corporate asset as a philanthropic act, for which Charitable Tax receipt may be issued.

  • Any mutilated Certificate shall be duly surrendered and cancelled before any new Certificate or Book Entry Position shall be issued or recorded in exchange and substitution therefor.

  • The Trustee, within five business days of receiving such notice, shall issue to the Book Entry Unitholder a new Book Entry Position Confirmation indicating such Unitholder's preferred distribution plan.

  • Each Book Entry Position will evidence that Obligations of a single issue are in the custody of the Custodian, and no Book Entry Position will relate to more than a single issue of Obligations.

  • Any such new Certificate issued or Book Entry Position recorded on the books of the Trustee pursuant to this Section shall constitute complete and indefeasible evidence of ownership of Units in the related Trust, as if originally issued, whether or not the lost, stolen or destroyed Certificate shall be found at any time.

  • A complainant can file a formal complaint with the Title IX Coordinator in person, by mail, or by e-mail.

  • The sole obligor with respect to Obligations described in a Book Entry Position will be the issuer of such Obligations (the "Issuer").

Related to Book Entry Position

  • Book entry form or “book entry system” means a form or system under which (i) the ownership of book entry interests in Bonds and the principal of and interest on the Bonds may be transferred only through a book entry and (ii) physical Bond certificates in fully registered form are issued by the City only to a Depository or its nominee as registered owner, with the Bonds deposited and maintained in the custody of the Depository or its agent. The book entry maintained by others than the City is the record that identifies the owners of book entry interests in those Bonds and that principal and interest.

  • Book-Entry Interest means a beneficial interest in a Global Certificate, ownership and transfers of which shall be maintained and made through book entries by a Clearing Agency as described in Section 9.4.

  • Book Entry means an uncertificated book entry for the Common Stock.

  • Book-Entry Certificate Any Certificate registered in the name of the Depository or its nominee.

  • Book-Entry Custodian The custodian appointed pursuant to Section 5.01.

  • Book Entry Participants means institutions that participate directly or indirectly in the Depository’s book entry registration system for the Warrants;

  • Non-Book-Entry Certificate Any Certificate other than a Book-Entry Certificate.

  • Book-Entry Certificates As specified in the Preliminary Statement.

  • Book-Entry Termination The occurrence of any of the following events: (i) the Clearing Agency is no longer willing or able to properly discharge its responsibilities with respect to the Book Entry Certificates, and the Depositor is unable to locate a qualified successor; or (ii) the Depositor at its option advises the Trustee and the Certificate Registrar in writing that it elects to terminate the book-entry system through the Clearing Agency.

  • Non-Book Entry Certificates As defined in Section 5.02(c)(iii) of this Agreement.

  • Book-Entry Security means a security evidencing all or part of a series of Securities, issued to the Depositary for such series of Securities in accordance with Section 3.03, and bearing the legend prescribed in Section 3.03.

  • Book-Entry Note means a beneficial interest in the Notes, ownership and transfers of which shall be made through book entries by a Clearing Agency as described in Section 2.10 of the Indenture.

  • Book Entry Only Participants means institutions that participate directly or indirectly in the Depository’s book entry registration system for the Warrants;

  • Book Entry Warrants means Warrants that are to be held only by or on behalf of the Depository;

  • Book-Entry Bonds Beneficial interests in the Bonds, ownership and transfers of which shall be made through book entries by the Depository as described in Section 4.06

  • Book-Entry Securities Securities maintained in the form of entries (including, without limitation, the Security Entitlements in such Securities) in the commercial book-entry system of the Fed and held for the Trustee, directly or indirectly, by any Trustee's Fed Member. Book-Entry Securities shall not include, in any event, any Certificated Security (or any Security Entitlement in any Certificated Security) held, directly or indirectly, through a Clearing Corporation.

  • Book-Entry Share has the meaning set forth in Section 2.01(c).

  • Book-Entry Capital Security means a Capital Security, the ownership and transfers of which shall be made through book entries by a Clearing Agency as described in Section 5.11.

  • Book-Entry Shares has the meaning set forth in Section 3(a).

  • Book-Entry System means the Federal Reserve/Treasury book-entry system for receiving and delivering securities, its successors and nominees.

  • Book-Entry Notes means a beneficial interest in the Notes, ownership and transfers of which shall be made through book entries by a Clearing Agency as described in Section 2.10 of the Indenture.

  • Book-Entry Only System means the book-based securities system administered by CDS in accordance with its operating rules and procedures in force from time to time;

  • Book-Entry Preferred Security means a Preferred Security, the ownership and transfers of which shall be made through book entries by a Depositary.

  • Book-Entry Registration Settlement in "same-day" funds, to the extent practicable. REMIC residual certificates will not be issued in book-entry form, unless authorized by the Seller.

  • Federal Book Entry Security means an obligation (i) issued by the U.S. Treasury, the Federal Home Loan Mortgage Corporation or the Federal National Mortgage Association, or any other direct obligation of, or obligation fully guaranteed as to timely payment of principal and interest by, the United States of America, that is a book-entry security held through the Federal Reserve System pursuant to federal book entry regulations, and (ii) the perfection of a security interest in which is governed pursuant to federal regulations by Article 8 of the UCC.

  • Book Entry Only Warrants means Warrants that are to be held only by or on behalf of the Depository;