DTC Eligibility definition

DTC Eligibility. “DTC Eligible” – in respect of a given security, its eligibility to be traded electronically in book-entry form through DTC.
Sample 1Sample 2Sample 3
DTC Eligibility. DTC Eligible" - in respect of a given security, its eligibility to be traded electronically in book-entry form through DTC. "DWAC" - DTC's Deposit Withdrawal Agent Commission system. "Exchange Act" - the Securities and Exchange Act of 1934, as amended.
Sample 1
DTC Eligibility means eligible for deposit at DTC and for trading through DTC’s book-entry system, or the status of being eligible for deposit at DTC and for trading through DTC’s book-entry system, respectively.
Sample 1

Examples of DTC Eligibility in a sentence

  • The Company will bear those expenses of the proposed Offerings customarily borne by issuers, including, without limitation, regulatory filing fees, SEC, “Blue Sky” and FINRA filing and registration fees, and DTC Eligibility fees; the fees of the Company’s accountants, attorneys, appraiser, transfer agent and registrar, printing, mailing and marketing and syndicate expenses associated with the Offerings; the fees set forth in Section 4; and fees for “Blue Sky” legal work.

  • During the Disclosure Period, the Company will (i) file and use its commercially reasonable efforts to have declared effective by the Commission the Business Combination Registration Statement, (ii) use its commercially reasonable efforts to cause the Disclosure Period Closing Conditions to be satisfied and (iii) after receipt of DTC Eligibility Approval and Listing Approval, mail or otherwise transmit the Business Combination Registration Statement to SPAR holders pursuant to applicable Law.

  • Once DTC receives an acceptable deposit of an eligible CD from a Participant, DTC credits a Security Entitlement 13 in the CD to the Participant’s Securities Account,14 and DTC holds the original paper certificate in its secure vault for the duration of the term of the CD.C. Proposed DTC Eligibility Process for CDsAs noted above, DTC is proposing to launch a new program to support deposit of electronic CDs that are issued by banks (‘‘E–CDs’’).

  • If CRA has updated the DTC and/or residency status of a beneficiary, they forward this information to the CDSP system which in turn sends this data to the impacted financial institution through the RT 981 - Beneficiary DTC Eligibility File.These updates can cause a pending contract to become registered if after the change it meets the conditions for registration.

  • This Agreement has a term beginning on the date hereof and expires once the Company has received either an approval or denial of their DTC Eligibility Request by DTC.

  • Listing and Maintenance Requirements; DTC Eligibility 18 Section 5.34.

  • This approach is new in that it focuses on the work, perceptions, and assessment of radio researchers; it also focuses on a supranational level, shedding light on similarities and differences in terms of how Communication is seen as a scholarly field.

  • Jake Noch seeks to have the Company register said shares with the Securities and Exchange Commission (SEC) and obtain DTC Eligibility.

  • News Release November 14, 2017: FanDom Sports Media Cleared for US Trading and DTC Eligibility on US Markets Vancouver, British Columbia – November 14, 2017, FanDom Sports Media Corp.

  • DTC Eligibility makes the Company’s Shares more accessible to investors in the United States.


More Definitions of DTC Eligibility

DTC Eligibility. “DTC Eligible” –in respect of a given security, its eligibility to be traded electronically in book-entry form through DTC. “DWAC” – DTC’s Deposit Withdrawal Agent Commission system. “Exchange Act” –the Securities and Exchange Act of 1934, as amended. “Exchange Amount” – shall have the meaning specified in Section 2.1 of this Agreement. “Exchange Cap”– the maximum number of shares of Issuer Common Stock that Issuer may issue pursuant to this Agreement and the transactions contemplated hereby without (i) breaching Issuer’s obligations under the applicable rules of The Nasdaq Stock Market or any other Principal Market on which the Issuer Common Stock maybe listed or quoted, or (ii) obtaining stock holder approval under the applicable rules of The Nasdaq Stock Market or any other Principal Market on which the Issuer Common Stock maybe listed or quoted. “Exchange Multiple”–subject to downward adjustment pursuant the provision set forth in Section 2.4.1 of this Agreement, sixty percent. “Exchange Notice”–in the form of Exhibit C attached hereto and incorporated by reference herein, a written notice to the Investor executed by duly authorized officer of the Issuer and including an Exchange Request, in each case as the same may be deemed amended in accordance with Section 2.4.3.4. 3
Sample 1

Related to DTC Eligibility

  • DTC Eligible means, with respect to the Common Stock, that such Common Stock is eligible to be deposited in certificate form at the DTC, cleared and converted into electronic shares by the DTC and held in the name of the clearing firm servicing Lender’s brokerage firm for the benefit of Lender.

  • DWAC Eligible means that (a) the Common Stock is eligible at DTC for full services pursuant to DTC’s Operational Arrangements, including, without limitation, transfer through DTC’s DWAC system, (b) the Company has been approved (without revocation) by the DTC’s underwriting department, (c) the Transfer Agent is approved as an agent in the DTC/FAST Program, (d) the Conversion Shares are otherwise eligible for delivery via DWAC, and (e) the Transfer Agent does not have a policy prohibiting or limiting delivery of the Conversion Shares via DWAC.

  • Maximum Eligibility Number means initially zero and shall be increased upon each exercise of the Series C Warrant held by the Holder by such aggregate number of shares of Common Stock equal to 100% of the number of shares of Common Stock issued upon any such exercise of such Series C Warrant (as adjusted for stock splits, stock distributions, recapitalizations and similar events).

  • Ineligibility means the Athlete or other Person is barred on account of an anti-doping rule violation for a specified period of time from participating in any Competition or other activity or funding as provided in Article 10.12.1;

  • Eligibility means the decision as to whether an individual qualifies, under financial and nonfinancial requirements, to receive program benefits.

  • Retirement Eligibility means Employee’s attainment of 60 years of age and ten years of continuous employment with Corporation.

  • Certificate of eligibility means a document issued by the bureau stating that the criminal record and all records of arrest, investigation, and detention associated with a case that is the subject of a petition for expungement is eligible for expungement.

  • eligibility adviser means: (i) a person that is registered as an investment dealer and authorized to give advice with respect to the type of security being distributed; and (ii) in Saskatchewan or Manitoba, also means a lawyer who is a practicing member in good standing with a law society of a jurisdiction of Canada or a public accountant who is a member in good standing of an institute or association of chartered accountants, certified general accountants or certified management accountants in a jurisdiction of Canada provided that the lawyer or public accountant must not: (A) have a professional, business or personal relationship with the issuer, or any of its directors, executive officers, founders, or control persons, and (B) have acted for or been retained personally or otherwise as an employee, executive officer, director, associate or partner of a person that has acted for or been retained by the issuer or any of its directors, executive officers, founders or control persons within the previous 12 months;

  • Level II Status exists at any date if, on such date, (i) the Borrower has not qualified for Level I Status and (ii) the Borrower's Xxxxx'x Rating is Baa1 or better or the Borrower's S&P Rating is BBB+ or better.

  • Eligibility Date means, with respect to each Borrower and Guarantor and each Swap, the date on which this Agreement or any Other Document becomes effective with respect to such Swap (for the avoidance of doubt, the Eligibility Date shall be the Effective Date of such Swap if this Agreement or any Other Document is then in effect with respect to such Borrower or Guarantor, and otherwise it shall be the Effective Date of this Agreement and/or such Other Document(s) to which such Borrower or Guarantor is a party).

  • Level III Status exists at any date if, on such date, (i) the Borrower has not qualified for Level I Status or Level II Status and (ii) the Borrower's Xxxxx'x Rating is Baa2 or better or the Borrower's S&P Rating is BBB or better.

  • Level I Status exists at any date if, as of the last day of the fiscal quarter of the Borrower referred to in the most recent Financials, the Leverage Ratio is less than 1.00 to 1.00.

  • Level IV Status exists at any date if, on such date, (i) the Borrower has not qualified for Level I Status, Level II Status or Level III Status and (ii) the Borrower's Xxxxx'x Rating is Baa3 or better or the Borrower's S&P Rating is BBB- or better.

  • Level VI Status exists at any date if, on such date, the Borrower has not qualified for Level I Status, Level II Status, Level III Status, Level IV Status or Level V Status.

  • DTC/FAST Program means the DTC’s Fast Automated Securities Transfer Program.

  • Waiver eligibility span means the twelve-month period following either an individual's initial waiver enrollment date or a subsequent eligibility re- determination date.

  • Eligibility Requirement means all eligibility requirements and other qualification requirements for a person to act in the applicable Corporate Trust Capacity under any Appointment as set forth in the related Corporate Trust Contract, including any required authorizations or licenses from the Federal National Mortgage Association, the Federal Home Loan Mortgage Corporation, the Government National Mortgage Association, the Federal Housing Administration, the Federal Home Loan Bank or the Department of Veterans Affairs.

  • Level V Status exists at any date if, on such date, the Borrower has not qualified for Level I Status, Level II Status, Level III Status or Level IV Status.

  • Eligibility Requirements means, with respect to any Person, that such Person has at least $200,000,000 in capital/statutory surplus or shareholders’ equity (except with respect to a pension advisory firm or similar fiduciary) and at least $600,000,000 in total assets (in name or under management), and is regularly engaged in the business of making or owning commercial real estate loans (or interests therein), mezzanine loans (or interests therein) or commercial loans (or interests therein) similar to the Mortgage Loan.

  • S&P Global Ratings means S&P Global Ratings, a division of S&P Global.

  • Eligibility Record Date means a record date that is 1 year or more before the adoption of a plan of conversion by a credit union board and is set forth in a plan of conversion for determining eligible members of a converting credit union.

  • REIT Status means, with respect to any Person, (a) the qualification of such Person as a real estate investment trust under the provisions of Sections 856 et seq. of the Code and (b) the applicability to such Person and its shareholders of the method of taxation provided for in Sections 857 et seq. of the Code.

  • Eligibility Conditions means the eligibility conditions specified in the Act and the Rules including all the eligibilityconditions listed in Clause [5] of the Tender Document.

  • Status means Level I Status, Level II Status, Level III Status, Level IV Status, Level V Status or Level VI Status.

  • Critical group means the group of individuals reasonably expected to receive the greatest exposure to residual radioactivity for any applicable set of circumstances.

  • Eligibility Waiting Period means the continuous length of time you must be in Active Employment in an eligible class to reach your Eligibility Date.