DTC means The Depository Trust Company or its successor.

Examples of DTC in a sentence

The DTC places a “chill” (i.e. a restriction placed by DTC on one or more of DTC’s services, such as limiting a DTC participant’s ability to make a deposit or withdrawal of the security at DTC) on any of the Borrower’s securities.
Failure to become DTC registered as provided herein shall be an Event of Default under Section 4.22 of this Note.
WARRANTY: DTC guarantees materials and workmanship for one year from date of completion.
In addition to the Event of Default in Section 4.21, the Common Stock is otherwise not eligible for trading through the DTC’s Fast Automated Securities Transfer or Deposit/Withdrawal at Custodian programs, provided however that if the Borrower is not DTC registered on the Issue Date, the Borrower shall have 30 days from the Issue Date to become DTC registered.
OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

More Definitions of DTC

DTC means The Depository Trust Company or any successor thereto.

DTC means The Depository Trust Company, a national clearinghouse and the central book-entry settlement system for securities traded in the United States and, as such, the custodian for the securities of DTC Participants (as hereinafter defined) maintained in DTC, and any successor thereto.

DTC means The Depository Trust Company, its nominees and their respective successors.