Common Depositary definition

Common Depositary has the meaning specified in Section 304.

Common Depositary. The common depositary for Euroclear, Clearstream and/or any other applicable clearing system, which will hold Common Depositary Notes on behalf of Euroclear, Clearstream and/or any such other applicable clearing system.

Common Depositary means the common depositary for Euroclear and Clearstream, Luxembourg;

Examples of Common Depositary in a sentence

• Original Notes shall be deposited with (i) the Global Agent as a custodian for, and registered in the name of a nominee of, DTC, or (ii) the Global Agent as a Common Depositary, and registered in the name of such Common Depositary or a nominee of such Common Depositary.

• Notes that are deposited with a Common Depositary and that will clear and settle through the systems operated by Euroclear, Clearstream and/or any such other applicable clearing system other than DTC.

• Definitive Notes may be transferred or exchanged in whole or in part only in the authorized denominations of the DTC Notes or Common Depositary Notes issued in global form for which they were exchanged.

• If any such temporary Security is issued in global form, then such temporary global Security shall, unless otherwise provided therein, be delivered to the London office of a depositary or common depositary (the "Common Depositary"), for the benefit of Euroclear and CEDEL, for credit to the respective accounts of the beneficial owners of such Securities (or to such other accounts as they may direct).

• Any notice delivered to Euroclear and/or Clearstream, Luxembourg as aforesaid shall be deemed to have been given on the day on which it is delivered to the Common Depositary.

More Definitions of Common Depositary

Common Depositary has the meaning specified in Section 3.04.

Common Depositary means the common depositary for Euroclear, Clearstream and/or any other applicable clearing system, which will hold Common Depositary Notes on behalf of Euroclear, Clearstream and/or any such other applicable clearing system.

Common Depositary has the meaning specified in Section 304(b).

Common Depositary means The Bank of New York Mellon, London Branch, as common depositary for the Depositary.

Common Depositary means a depositary common to Euroclear and Clearstream, being initially Citibank Europe plc, until a successor Common Depositary, if any, shall have become such pursuant to this Indenture, and thereafter Common Depositary shall mean or include each Person who is then a Common Depositary hereunder.

Common Depositary means a common depositary on behalf of Euroclear and Clearstream, Luxembourg.

Common Depositary has the meaning specified in Section 3.04(b).