DWAC definition

DWAC means Deposit Withdrawal at Custodian as defined by the DTC.
DWAC means the DTC’s Deposit/Withdrawal at Custodian system.
DWAC shall have the meaning specified in Section 2.3.

Examples of DWAC in a sentence

  • If the Company is then a participant in the DWAC system of the Depositary and either (A) there is an effective registration statement permitting the issuance of such Warrant Shares to or resale of the Warrant Shares by Holder or (B) the Warrant is being exercised via Cashless Exercise, then the certificates for such Warrant Shares shall be transmitted by the Warrant Agent to the Holder by crediting the account of the Holder's broker with the Depositary through its DWAC system.


More Definitions of DWAC

DWAC shall have the meaning ascribed to such term in Section 2.2(a)(v).
DWAC shall have the meaning assigned to such term in Section 5.33.
DWAC means the Deposit or Withdrawal at Custodian system at The Depository Trust Company.
DWAC means Deposit and Withdrawal At Custodian Service.
DWAC means DTC’s Deposit Withdrawal Agent Commission system.
DWAC has the meaning set forth in Section 2.04.