Note Beneficial Owner definition

Note Beneficial Owner means, with respect to a Book-Entry Interest, a Person who is the beneficial owner of such Book-Entry Interest, as reflected on the books of the Clearing Agency, or on the books of a Person maintaining an account with such Clearing Agency (directly as a Clearing Agency Participant or as an indirect participant, in each case, in accordance with the rules of such Clearing Agency and, if applicable, such indirect participant).
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Examples of Note Beneficial Owner in a sentence

  • The Global Notes shall initially be registered on the books and records of the Registrar in the name of Cede & Co., the nominee of the Clearing Agency and no Note Beneficial Owner will receive physical delivery of a Note in certificated form representing such Note Beneficial Owner’s interests in such Global Note, except as provided in Section 2.08 and Section 2.13.

  • The ownership interest of each actual owner of each Note ("Beneficial Owner") is in turn to be recorded on the Direct Participants and Indirect Participants' records.

Related to Note Beneficial Owner

  • Trust Beneficial Owner means the beneficial owner of the Trust Beneficial Interest.

  • Capital Security Beneficial Owner means, with respect to a Book Entry Interest, a Person who is the beneficial owner of such Book Entry Interest, as reflected on the books of the Clearing Agency, or on the books of a Person maintaining an account with such Clearing Agency (directly as a Clearing Agency Participant or as an indirect participant, in each case in accordance with the rules of such Clearing Agency).

  • Preferred Security Beneficial Owner means, with respect to a Book Entry Interest, a Person who is the beneficial owner of such Book Entry Interest, as reflected on the books of the Clearing Agency, or on the books of a Person maintaining an account with such Clearing Agency (directly as a Clearing Agency Participant or as an indirect participant, in each case in accordance with the rules of such Clearing Agency).

  • Beneficial Owner and “Beneficial Ownership” shall have the meanings set forth in Rule 13d-3 promulgated under the Exchange Act (as defined below) as in effect on the date hereof.

  • Beneficial Ownership Interest means the right to receive payments and notices with respect to the Bonds held in a Book Entry System.