Note Depositary definition

Note Depositary means Monte Titoli unless Monte Titoli notifies the Issuer that it is unwilling or unable to continue to act as Note Depositary, in which case an alternate Italian custody institution shall be appointed by the Issuer and shall become the successor Note Depositary in accordance with the terms of the Indenture, and thereafter “Note Depositary” shall mean such successor Note Depositary.
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Note Depositary means, with respect to the Notes issuable or issued in whole or in part in global form, any Person specified in Section 2.03 hereof as the Depositary with respect to the Notes, and any and all successors thereto appointed as Depositary hereunder and having become such pursuant to the applicable provision of this Indenture.
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Note Depositary means the Clearing Agency, or any nominee thereof, in whose name any Global Notes are registered.
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Examples of Note Depositary in a sentence

  • The Issuer shall instruct the Note Depositary to maintain a securities account in the name of the Issuer for the deposit of the Rule 144A Global Notes by the Issuer on behalf of the Receipt Issuer for the benefit of the Holders and Beneficial Owners, in respect of which securities account the Receipt Issuer shall have exclusive authority and control at all times and in all instances.

  • The Rule 144A Global Notes will be issued to, and registered in the name of the Note Depositary.

  • The Global Securities may not be transferred without the prior written consent of the Issuer and except in combination and as a whole by the Note Depositary to another custodian and common depositary for such Global Securities or to a successor of such custodian and common depositary; provided that such subsequent custodian and common depositary or successor, as the case may be, expressly agrees to above by such restrictions on transfer.

  • Upon issuance of the Rule 144A Global Notes to the Note Depositary by the Issuer, the Note Depositary will be recorded as the Holder of the Rule 144A Global Notes.

  • All of the book-entry interests in such Rule 144A Global Notes will be credited by the Note Depositary to such securities account in Monte Titoli of the Issuer.

  • The Global Securities may not be transferred without the prior written consent of the Issuer and except in combination and as a whole by the Note Depositary to another custodian and common depositary for such Global Securities or to a successor of such custodian and common depositary; provided that such subsequent custodian and common depositary or successor, as the case may be, expressly agrees to abide by such restrictions on transfer.

  • Sinking Fund Provisions: None Global Note Depositary: CDS Clearing and Depository Services Inc.

  • Both the U.S. Global Security and the European Global Security will be deposited with one and the same custodian and common depositary that serves at the same time as a U.S. Depositary and as a Common Depositary for the benefit of EUROCLEAR, CLEARSTREAM and Clearing System (the "Note Depositary").

  • Any endorsement of a Euro Global Note to reflect the amount of any increase or decrease in the aggregate principal amount of outstanding Euro Notes represented thereby shall be made by the Common Depositary in accordance with the Applicable Procedures of the Euro Note Depositary.

  • The Issuer initially appoints The Depository Trust Company (“DTC”) to act as Dollar Note Depositary with respect to the Dollar Global Notes.


More Definitions of Note Depositary

Note Depositary means The Bank of New York as depositary under the Note Deposit Agreement.
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Note Depositary means the depositary from time to time selected by --------------- the Indenture Trustee on behalf of the Trust in whose name the Notes are registered prior to the issuance of Definitive Notes. The first Note Depositary shall be Cede & Co., the nominee of the initial Clearing Agency.
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Note Depositary means Monte Titoli, unless Monte Titoli notifies the Issuer that it is unwilling or unable to continue to act as Note Depositary and the Issuer appoints an alternate Italian custody institution to become thesuccessor Note Depositary pursuant to the applicable provisions of the Agency Agreement, and thereafter “Note Depositary” shall mean such successor Note Depositary.
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Note Depositary means, with respect to the Notes, The Depository Trust Company, its nominees and their respective successors and assigns, or such other depositary institution hereinafter appointed by the Company that is a clearing agency registered under the Exchange Act.
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Related to Note Depositary

  • ADS Depositary means the person then acting as depositary under the Deposit Agreement. The ADS Depositary as of the Issue Date is The Bank of New York Mellon.

  • U.S. Depositary means, with respect to the Securities of any series issuable or issued in whole or in part in the form of one or more permanent global Securities, the person designated as U.S. Depositary by the Company pursuant to Section 2.03(b), which must be a clearing agency registered under the Exchange Act, until a successor U.S. Depositary shall have become such pursuant to the applicable provisions of this Indenture, and thereafter “U.S. Depositary” shall mean or include each person who is then a U.S. Depositary hereunder, and if at any time there is more than one such person, “U.S. Depositary” as used with respect to the Securities of any series shall mean the U.S. Depositary with respect to the Securities of such series.

  • Depositary means, with respect to the Notes issuable or issued in whole or in part in global form, the Person specified in Section 2.03 hereof as the Depositary with respect to the Notes, and any and all successors thereto appointed as depositary hereunder and having become such pursuant to the applicable provision of this Indenture.

  • Common Depositary has the meaning specified in Section 304.

  • DTC Notes means the Notes cleared, settled and maintained on the DTC System, registered in the name of a nominee of DTC and substantially in the form of Exhibit B hereto. The Notes will be DTC Notes at issuance.

  • Depository The Depository Trust Company, or any successor Depository hereafter named. The nominee of the initial Depository for purposes of registering those Certificates that are to be Book-Entry Certificates is Cede & Co. The Depository shall at all times be a "clearing corporation" as defined in Section 8-102(a)(5) of the Uniform Commercial Code of the State of New York and a "clearing agency" registered pursuant to the provisions of Section 17A of the Securities Exchange Act of 1934, as amended.

  • DTC Custodian means the custodian of the DTC Notes on behalf of DTC, which initially shall be the Global Agent.

  • Note Depository Agreement means the agreement, dated as of the Closing Date, between the Issuer and DTC, as the initial Clearing Agency relating to the Notes, as the same may be amended or supplemented from time to time.

  • Notes Custodian means the custodian with respect to a Global Note (as appointed by the Depository), or any successor Person thereto and shall initially be the Trustee.

  • Common Depository has the meaning specified in Section 304(b).

  • U.S. Depository or “Depository” means, with respect to any Security issuable or issued in the form of one or more global Securities, the Person designated as U.S. Depository or Depository by the Company in or pursuant to this Indenture, which Person must be, to the extent required by applicable law or regulation, a clearing agency registered under the Securities Exchange Act of 1934, as amended, and, if so provided with respect to any Security, any successor to such Person. If at any time there is more than one such Person, “U.S. Depository” or “Depository” shall mean, with respect to any Securities, the qualifying entity which has been appointed with respect to such Securities.

  • Securities Custodian means the custodian with respect to a Global Security (as appointed by the Depository), or any successor Person thereto and shall initially be the Trustee.

  • Depositary Bank means the first bank to take an item even though it is also the payor bank, unless the item is presented for immediate payment over the counter.

  • Note Custodian means the Trustee, as custodian with respect to the Notes in global form, or any successor entity thereto.

  • 144A Global Security means a permanent Global Security in the form of the Security attached hereto as Exhibit A-1, and that is deposited with and registered in the name of the Depositary, representing Securities sold in reliance on Rule 144A under the Securities Act.

  • Foreign Depository means (a) Euroclear, (b) Clearstream Banking, societe anonyme, (c) each Eligible Securities Depository as defined in Rule 17f-7 under the Investment Company Act of 1940, as amended, identified to the Fund from time to time, and (d) the respective successors and nominees of the foregoing.

  • Global Debenture shall have the meaning set forth in Section 2.4(a).

  • Global Receipt Depository means, with respect to any Receipt issued hereunder, DTC or such other entity designated as Global Receipt Depository by the Corporation in or pursuant to this Deposit Agreement, which entity must be, to the extent required by any applicable law or regulation, a clearing agency registered under the Securities Exchange Act of 1934, as amended.

  • Regulation S Global Security The meaning specified in Section 3.01(c).

  • Clearing Agent means Clearstream Banking AG, Euroclear Bank S.A., and Clearstream Banking S.A. and such further or alternative clearing agent(s) or clearance system(s) as may be approved by the Issuer from time to time and notified to the Holders in accordance with General Condition 4 (each a “Clearing Agent” and together the “Clearing Agents”);

  • Global Capital Security means a Capital Securities Certificate evidencing ownership of Book-Entry Capital Securities.

  • Depositary’s Office means the principal office of the Depositary at which at any particular time its depositary receipt business shall be administered.

  • Central Depository means Centrálny depozitár cenných papierov SR, a.s., with its registered seat at ul. 29. augusta 1/A, Bratislava 814 80, Slovak Republic, registered in the Commercial Register maintained by the District Court Bratislava I, Section: Sa, Insert No.: 493/B;

  • Foreign Securities Depository means a foreign securities clearing system qualifying as an Eligible Securities Depository (as defined in Section (b)(1) of Rule 17f-7 under the 0000 Xxx) that is listed on Schedule B annexed hereto, as amended from time to time pursuant to Section 4.5 hereof.

  • Note Registrar have the respective meanings set forth in Section 2.4 of the Indenture.

  • Depositary Agent shall have the meaning set forth in Section 7(c) hereof.