DTC Custodian definition
Examples of DTC Custodian in a sentence
The Global Agent shall hold on deposit each DTC Note executed and authenticated as provided in this Section 3(d) as DTC Custodian.
The Bank of New York Mellon accepts such appointments, and along with its successors as such fiscal agent, transfer agent, registrar, DTC Custodian and principal paying agent is hereinafter referred to as the “Registrar”.
The Global Note Certificates shall be printed or typewritten and shall be in the form or substantially in the respective forms set out in Schedule 1 (Forms of Global Note Certificates) and may be a facsimile which the Current Issuer shall deposit with the DTC Custodian or the Common Depositary, as the case may be.
Upon issuance of any Common Depositary Note to be held by the DTC Custodian, the Registrar or its duly appointed agent will record the name of Cede & Co., as the nominee of the Common Depositary, as the registered Noteholder of such Common Depositary Note.
The Company initially appoints the Trustee as Registrar and Paying Agent and to act as DTC Custodian with respect to the Global Notes.