Examples of DTC Certificates in a sentence
Each distribution of principal and interest on any Class of DTC Certificates shall be distributed by the Paying Agent to the Depository in immediately available funds.
The final distribution in respect of any Class of DTC Certificates shall only be made upon presentation and surrender thereof at the office of the Paying Agent specified to the Depository.
No person acquiring a beneficial ownership interest in any Class of DTC Certificates shall be entitled to receive a physical certificate representing such ownership interest.
As noted below, the House bill also blocks new funding for PRT implementation until a pilot PRT program can be assessed by the State Department.
The execution and authentication of the certificates evidencing the Classes of DTC Certificates shall be governed by the provisions of Section 5.01 hereof to the same extent as the Residual Certificates specifically covered thereby.
For each Regular Certificate, other than the DTC Certificates, the appropriate Reserve Bank shall be considered to be acting as the agent of Xxxxxx Mae in providing to and conferring upon the owners of the Regular Certificates, as such owners shall appear on the records of such Reserve Bank, the substantive rights and benefits which are provided for herein for Holders of such Certificates.
The Classes of DTC Certificates shall be represented by global certificates substantially in the form of Exhibit B-3 hereto, and shall be registered at all times in the name of the nominee of the Depository and maintained, transferred, and exchanged on the book-entry records of the Depository in minimum denominations of $1,000 and integral multiples of $1 in excess thereof.
For each Regular Certificate, other than the DTC Certificates, the appropriate Reserve Bank shall be considered to be acting as the agent of Xxxxxx Xxx in providing to and conferring upon the owners of the Regular Certificates, as such owners shall appear on the records of such Reserve Bank, the substantive rights and benefits which are provided for herein for Holders of such Certificates.
The execution and authentication of the certificates evidencing Classes of DTC Certificates (including the Class of Retail Certificates) shall be governed by the provisions of Section 5.01 hereof to the same extent as the Residual Certificates specifically covered thereby.
Each distribution of principal and interest on a Class of DTC Certificates shall be distributed by the Paying Agent to the Depository in immediately available funds.