Cede & Co. definition
Examples of Cede & Co. in a sentence
The Bonds shall be in book-entry form, shall bear CUSIP numbers, shall be in fully registered form initially, registered in the name of Cede & Co., as nominee of the Depository Trust Company (“DTC”).
One Series 2018 Note with respect to each date on which the Series 2018 Notes are stated to mature, in the aggregate principal amount of the Series 2018 Notes stated to mature on such date and registered in the name of Cede & Co., as nominee of The Depository Trust Company, New York, New York (“DTC”), is being delivered and required to be deposited with DTC and immobilized in its custody.
While Cede & Co. is the Registered Owner of this Series 2018 Note, notwithstanding any of the provisions hereinabove contained, payments of principal and interest and any prepayment premium with respect to this Series 2018 Note shall be made in accordance with the existing arrangements among the Corporation, the County, the Trustee and DTC.
This payment and delivery, which is to be on , or on such other date as shall have been mutually agreed upon, is hereinbefore and hereinafter called the “Closing.” The 20 Bonds shall be delivered as registered bonds registered in the name of Cede & Co. in denominations equal to each 20 Bond maturity or as otherwise specified by the Underwriter[s].