Depository Agreement definition

Depository Agreement means the agreement, dated as of the Closing Date, executed by the Issuer in favor of DTC, as initial Clearing Agency, relating to the Notes and the Certificates, as the same may be amended or supplemented from time to time.

Depository Agreement. With respect to Classes of Book-Entry Certificates, the agreement between the Trustee and the initial Depository.

Depository Agreement. With respect to the Class of Book-Entry Certificates, the agreement among the Depositor, the Trustee and the initial Depository, dated as of the Closing Date, substantially in the form of Exhibit I.

Examples of Depository Agreement in a sentence

• If the Board determines that some or all of the LLC Interests of the Company held by a Direct Owner shall be reflected as electronic book-entry interests through the facilities of DTC and will Transfer only via electronic book-entry form through the facilities of DTC pursuant to Section 3.2(c), the Company will enter into the Depository Agreement pursuant to which DTC will act as a securities depository for LLC Interests.

• Any endorsement of a Global Security to reflect the amount, or any increase or decrease in the amount, of outstanding LLC Interests represented thereby shall be made in such manner and upon instructions given by the Board as specified in the Depository Agreement.

• The Depository Agreement shall provide that, upon the settlement date of any creation, Transfer or redemption of LLC Interests of a Beneficial Owner, the Depository will credit or debit, on its book-entry registration and transfer system, the number of LLC Interests so created, Transferred or redeemed to the accounts of the appropriate DTC Participants.

More Definitions of Depository Agreement

Depository Agreement means the letter of representations for the Notes, dated May 25, 2021, by the Trust in favor of The Depository Trust Company.

Depository Agreement. The meaning specified in Subsection 5.01(a) hereof.

Depository Agreement. The Letter of Representation dated as of the Closing Date by and among DTC, the Depositor and the Trust Administrator for the benefit of the Trustee.

Depository Agreement means the Note Depository Agreement.

Depository Agreement. With respect to the Book-Entry Certificates, the agreement among the Depositor and the initial Depository, dated as of the Closing Date, substantially in the form of Exhibit O.

Depository Agreement. The agreement referred to in Section 4.01(b).

Depository Agreement means the agreement executed by the Trust and delivered to The Depository Trust Company, dated on or about the Closing Date, substantially in the form of Exhibit C to the Indenture.