Depositary Interests definition
Examples of Depositary Interests in a sentence
The Book-Entry Depositary shall treat the Depositary or its nominee as the absolute owner of the Depositary Interests for all purposes whatsoever and shall not be bound or affected by any notice to the contrary, other than an order of a court having jurisdiction over the Book-Entry Depositary.
Such court may thereupon, after such notice, if any, as it may deem proper and prescribe, remove the Book-Entry Depositary with respect to the Global Notes and the Depositary Interests and appoint a successor Book-Entry Depositary for the Global Notes and the Depositary Interests.
The CDI Depositary shall issue Certificated Depositary Interests with respect to its book-entry interests in the Global Securities in accordance with the Letter of Representations.
The Book-Entry Depositary shall have executed a letter of representations to DTC acceptable in form and substance to DTC and the Issuer with respect to the Depositary Interests.
DTC shall treat the holders of Book-Entry Notes and their successors as the absolute owners of the Depositary Interests for all purposes whatsoever.