DTC definition

DTC means The Depository Trust Company, and its successors.
DTC means The Depository Trust Company or any successor thereto.

Examples of DTC in a sentence

  • The method of delivery of Notes, any required signature guarantees and all other required documents, including delivery through DTC and any acceptance of an Agent’s Message (as defined below) transmitted through ATOP, is at the election and risk of the Holder tendering Notes, and delivery will be deemed made only when actually received by the Information and Tender Agent.

  • If a debt security is issued as a global debt security, only DTC or other depositary will be entitled to transfer and exchange the debt security as described in this subsection, since the depositary will be the sole holder of the debt security.

  • Each global debt security will be deposited with, or on behalf of, DTC, as depositary, or its nominee, and registered in the name of a nominee of DTC.

  • With respect to Notes validly tendered and not validity withdrawn and accepted for purchase by the Company at or prior to the Early Tender Time, the Holders thereof will receive payment of the Total Consideration for such accepted Notes on the Early Settlement Date, which the Company expects to be the second business day after the Early Tender Time, on which the Company deposits with DTC the Total Consideration for such Notes, together with an amount equal to Accrued Interest thereon.

  • The Warrants will initially be represented only by one or more global warrants deposited with the warrant agent, as custodian on behalf of The Depository Trust Company, or DTC, and registered in the name of Cede & Co., a nominee of DTC, or as otherwise directed by DTC.


More Definitions of DTC

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, a New York corporation.
DTC means The Depository Trust Company or its successor.
DTC means The Depository Trust Company, its nominees and their respective successors.
DTC means The Depository Trust Company, or any successor performing substantially the same function for the Company.
DTC means The Depository Trust Company, a New York corporation, or any successor thereto.