Indirect Participants definition

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

Indirect Participants shall have the meaning assigned to such term in Section 9.2.2.

Indirect Participants shall have the meaning assigned to such term in Section 3.5(c).

Examples of Indirect Participants in a sentence

• With respect to Notes registered in the Note Register in the name of Cede & Co., as nominee of DTC, the Issuer and the Global Agent shall have no responsibility or obligation to Direct or Indirect Participants or Beneficial Owners for which DTC holds Notes from time to time as a depositary.

• Notwithstanding the foregoing, nothing herein shall prevent the Issuers, the Trustee or any agent of the Issuers or the Trustee from giving effect to any written certification, proxy or other authorization furnished by the Depositary or impair, as between the Depositary and its Participants or Indirect Participants, the Applicable Procedures or the operation of customary practices of the Depositary governing the exercise of the rights of a holder of a beneficial interest in any Global Note.

• Ownership interests in the Global Notes will be limited to Participants and Indirect Participants.

• Participants and Indirect Participants shall have no rights under this Indenture with respect to any Global Note held on their behalf by the Depositary or by the Trustee as the custodian for the Depositary or under such Global Note, and the Depositary shall be treated by the Issuers, the Trustee and any agent of the Issuers or the Trustee as the absolute owner of such Global Note for all purposes whatsoever.

• Definitive Notes issued in exchange for beneficial interests in the Global Notes of the same series pursuant to this Section 2.08(e) shall be registered in such names and in such authorized denominations as the Depository, pursuant to instructions from its direct or Indirect Participants or otherwise (in accordance with its customary procedures), shall instruct the Trustee.

More Definitions of Indirect Participants

Indirect Participants. Entities, such as banks, brokers, dealers and trust companies, that clear through or maintain a custodial relationship with a Participant, either directly or indirectly.

Indirect Participants shall have the meaning assigned to such term in Section 3.3(c).

Indirect Participants means those participants to which access to DTC is also available and which clear through or maintain a custodial relationship with a Direct Participant, either directly or indirectly;

Indirect Participants means organizations which have indirect access to the Securities Depository, such as securities brokers and dealers, banks, and trust companies that clear through or maintain a custodial relationship with a Participant, either directly or indirectly.

Indirect Participants shall have the meaning assigned to such term in Section 4.6 (c).

Indirect Participants means securities brokers and dealers, banks, or trust companies.

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