Indirect DTC Participant definition

Indirect DTC Participant means an entity holding securities through a DTC Participant as described in the rules and regulations of DTC.
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Indirect DTC Participant. ' means an entity holding securities through a DTC Participant as described in the rules and regulations of DTC.
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Indirect DTC Participant shall have the meaning ascribed to it in the rules and regulations of DTC. “Instruction Cutoff Date” shall have the meaning ascribed to it in Section 2.09.
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Examples of Indirect DTC Participant in a sentence

  • The DTC Participant should in turn make the request of DTC (or, in the case of an Indirect DTC Participant, such Indirect DTC Participant must notify the related DTC Participant of such request, which DTC Participant should make the request of DTC) on a form required by DTC and provided to the DTC Participant.

  • Any Holder of a Special Retail Certificate that has requested a principal distribution may withdraw its request by so notifying in writing the DTC Participant or Indirect DTC Participant that maintains such Holder's account.

  • In the event that such account is maintained by an Indirect DTC Participant, such Indirect DTC Participant must notify the related DTC Participant which in turn must forward the withdrawal of such request, on a form required by DTC, to DTC to be forwarded to the Trustee.

  • None of the Company, the Master Servicer or the Trustee shall be liable for any delay in delivery of requests for distributions or withdrawals of such requests by DTC, a DTC Participant or any Indirect DTC Participant.

  • Any Beneficial Holder of a Retail Lottery Certificate that has requested a principal distribution may withdraw its request by so notifying in writing the DTC Participant or Indirect DTC Participant that maintains such Beneficial Holder's account.

  • None of the Company, the Servicer, the Paying Agent or the Trustee shall be liable for any delay in delivery of requests for distributions or withdrawals of such requests by the Depository, a DTC Participant or any Indirect DTC Participant.

  • The DTC Participant shall in turn make the request of the Depository (or, in the case of an Indirect DTC Participant, such Indirect DTC Participant shall notify the related DTC Participant of such request, which DTC Participant shall make the request of the Depository) on a form required by the Depository and provided to the DTC Participant.

  • Owners of beneficial interests in Shares (“Beneficial Owners”) will be shown on, and the transfer of beneficial ownership by Beneficial Owners will be effected only through, in the case of DTC Participants, records maintained by the Depository and, in the case of Indirect DTC Participants and Beneficial Owners holding through a DTC Participant or an Indirect DTC Participant, through those records or the records of the relevant DTC Participant.

  • Accordingly, to exercise any rights of a holder of Shares under this Trust Agreement, a Beneficial Owner must rely on the procedures of the Depository and, if such Beneficial Owner is not a DTC Participant, on the procedures of each DTC Participant or Indirect DTC Participant through which such Beneficial Owner holds its interests.

  • In the event that such account is maintained by an Indirect DTC Participant, such Indirect DTC Participant must notify the related DTC Participant which in turn must forward the withdrawal of such request, on a form required by DTC, to DTC to be forwarded or furnished to the Trustee.

Related to Indirect DTC Participant

  • DTC Participant means brokers and dealers, banks, trust companies, clearing corporations and certain other organizations on whose behalf DTC was created to hold securities to facilitate the clearance and settlement of securities transactions among DTC Participants.

  • Indirect Depository Participant An institution that is not a Depository Participant but clears through or maintains a custodial relationship with Participants and has access to the Depository's clearing system.

  • DTC Participants means participants within DTC.

  • Indirect Participant means a Person who holds a beneficial interest in a Global Note through a Participant.

  • Depository Participant A broker, dealer, bank or other financial institution or other Person for whom from time to time a Depository effects book-entry transfers and pledges of securities deposited with the Depository.

  • Direct Participant or "DTC Participant": Any broker-dealer, bank or other financial institution for which the Depository holds Class A Certificates from time to time as a securities depository.

  • Clearing Agency Participant means a broker, dealer, bank, other financial institution or other Person for whom from time to time a Clearing Agency effects book-entry transfers and pledges of securities deposited with the Clearing Agency.

  • Indirect Participants Has the meaning specified in Section 4.01(b) of this Trust Supplement.

  • Clearing Participant has the meaning given to such term in the rules of CCASS.

  • Auction Participant or “Bidder” means a Person or Persons who submitted a bid as per the E- Auction Process Memorandum; and shall include a Qualified Bidder or the Successful Bidder and as the context requires;

  • L/C Participant shall have the meaning provided in Section 3.3(a).

  • Indirect Owner means, in the case of a Protected Partner that is an entity that is classified as a partnership, disregarded entity or subchapter S corporation for federal income tax purposes, any person owning an equity interest in such Protected Partner, and in the case of any Indirect Owner that itself is an entity that is classified as a partnership, disregarded entity or subchapter S corporation for federal income tax purposes, any person owning an equity interest in such entity.

  • Indirect Political Event shall have the meaning set forth in Clause 21.3;

  • Indirect holdings means all securities of a company that are held in an account or fund, including a mutual fund, that is managed by one or more persons who are not employed by the state treasurer or a retirement system, if the state treasurer or retirement system owns shares or interests either:

  • Depositary Participant means a broker, dealer, bank, other financial institution or other Person for whom from time to time the Depositary effects book-entry transfers and pledges of securities deposited with the Depositary.

  • Agent Member means any member of, or participant in, the Depositary.

  • Indirect Losses means loss of profits, loss of production, loss of business, loss of business opportunity, or any claim for consequential loss or for indirect loss of any nature;

  • Indirect contact means the contact of persons with exposed conductive parts.

  • Indirect Ownership Interest means an ownership interest in an entity that has an ownership interest in another entity. Indirect ownership interest includes an ownership interest in an entity that has an indirect ownership interest in another entity.

  • body in which the relevant person has a beneficial interest means a firm in which the relevant person is a partner or a body corporate of which the relevant person is a director, or in the securities of which the relevant person has a beneficial interest;

  • Indirect services means special education services provided by a special education teacher which include ongoing progress reviews; cooperative planning; consultation; demonstration teaching; modification and adaptation of the environment, curriculum, materials, or equipment; and direct contact with children with disabilities to monitor and observe.

  • Economic Load Response Participant means a Member or Special Member that qualifies under Operating Agreement, Schedule 1, section 1.5A, and the parallel provisions of Tariff, Attachment K-Appendix, section 1.5A, to participate in the PJM Interchange Energy Market and/or Ancillary Services markets through reductions in demand.

  • Voting Participant has the meaning specified in Section 10.06(d).

  • Depository System Participant means any participant in the Depository’s book- entry system.

  • Indirect supervision means the supervision of an unlicensed school staff member when the school nurse or other health care provider is not physically available on site but immediately available by telephone.

  • Indirect Tax means any goods and services tax, consumption tax, value added tax or any tax of a similar nature.