Depository Trust Company definition

Depository Trust Company or “DTC” means The Depository Trust Company, New York, New York, as initial securities depository for the Certificates.
Depository Trust Company or “DTC” shall mean The Depository Trust Company, a limited purpose trust company organized under the laws of the State of New York, and its successors and assigns.
Depository Trust Company means that limited-purpose trust company organized under New York State banking law that functions as a registered clearing agency with the Securities and Exchange Commission.

Examples of Depository Trust Company in a sentence

  • The Issuer has determined that the Bonds may in the future be held by a central depository system pursuant to an agreement between the Issuer and The Depository Trust Company and have transfers of the Bonds effected by book-entry on the books of the central depository system.

  • The Common Stock is currently eligible for electronic transfer through the Depository Trust Company or another established clearing corporation and the Company is current in payment of the fees to the Depository Trust Company (or such other established clearing corporation) in connection with such electronic transfer.

  • The indenture provides that we may issue debt securities of a series in temporary or permanent global form and as book-entry securities that will be deposited with, or on behalf of, The Depository Trust Company (“DTC”) or another depositary named by us and identified in the applicable prospectus supplement with respect to that series.

  • At any time that the Bonds are issued in the name of The Depository Trust Company or CEDE & CO., the Issuer and the Registrar and Paying Agent may treat as and deem The Depository Trust Company or CEDE & CO.

  • Sales of our ordinary shares as contemplated in this prospectus supplement will be settled through the facilities of The Depository Trust Company or by such other means as we and the Agents may agree upon.


More Definitions of Depository Trust Company

Depository Trust Company means a trust company that is organized under this chapter and is not prohibited by its charter from accepting deposits.
Depository Trust Company or “DTC” means The Depository Trust Company, as initial securities depository for the Certificates.
Depository Trust Company means The Depository Trust Company, New York, New York.
Depository Trust Company or “DTC” means The Depository Trust Company, New
Depository Trust Company. (the "DTC") or in such names as the Underwriters may request in writing at least two business days before the Closing Date. The Global Securities representing the Firm Preferred Securities shall be made available for examination by the Underwriters and counsel to the Underwriters not later than 9:30 a.m. Eastern Standard Time on the last business day prior to the Closing Date. If the Underwriters exercise the option to purchase any or all of the Option Preferred Securities, payment of the Purchase Price and Option Preferred Securities Commission and delivery of the certificate representing the Option Preferred Securities shall be made on the Option Closing Date at the offices of Sandler X'Xxxxx & Partners, L.P., or at such other place as the Offerors and you shall determine. Such payments shall be made to an account designated by the Trust by wire transfer in immediately available funds, in the amount of the Purchase Price therefor, against delivery by or on behalf of the Trust to you of certificates for the Designated Preferred Securities to be purchased. The Agreement contained herein with respect to the timing of the Closing Date and Option Closing Date is intended to, and does, constitute an express agreement, as described in Rule 15c6-1(a) and (d) promulgated under the 1934 Act (as defined herein), for a settlement date other than three business days after the date of the contract.
Depository Trust Company means Depository Trust Clearing Corporation, and any successor thereto.
Depository Trust Company means a limited-purpose trust company under New York State banking law and a registered clearing agency with the SEC;