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 Company shall pay all Transfer Agent fees required for same-day processing of any Notice of Exercise and all fees to the Depository Trust Company (or another established clearing corporation performing similar functions) required for same-day electronic delivery of the Warrant Shares.

  • 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 Company agrees to maintain the eligibility of the Common Stock for electronic transfer through the Depository Trust Company or another established clearing corporation, including, without limitation, by timely payment of fees to the Depository Trust Company or such other established clearing corporation in connection with such electronic transfer.

  • Ownership of beneficial interests in the Public Warrants shall be shown on, and the transfer of such ownership shall be effected through, records maintained by institutions that have accounts with The Depository Trust Company (the “Depositary”) (such institution, with respect to a Warrant in its account, a “Participant”).

  • Delivery of the Securities shall be made through the facilities of The Depository Trust Company unless the Representatives shall otherwise instruct.


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 Depository Trust Clearing Corporation, and any successor thereto.
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 The Depository Trust Company, New York, New York.
Depository Trust Company means a limited-purpose trust company under New York State banking law and a registered clearing agency with the SEC;
Depository Trust Company or “DTC” means The Depository Trust Company, New