Position Representation definition

Position Representation has the meaning specified in Section 5.02.
Position Representation means a written representation from each Directing Holder to the Issuer and the Trustee that such Holder is not (or, in the case such Holder is the Depository or its nominee, that such Holder is being instructed solely by beneficial owners that are not) Net Short.
Position Representation has the meaning assigned to such term in Section 9.02(e).

Examples of Position Representation in a sentence

  • In any case in which the Holder is DTC or its nominee, any Position Representation or Verification Covenant required hereunder shall be provided by the beneficial owner of the Notes in lieu of DTC or its nominee.

  • In any case in which the Holder is DTC or its nominee, any Position Representation or Verification Covenant required hereunder shall be provided by the beneficial owner of the Notes in lieu of DTC or its nominee and DTC shall be entitled to conclusively rely on such Position Representation and Verification Covenant in delivering its direction to the Trustee.

  • In any case in which the Holder is DTC or its nominee, any Position Representation or Verification Covenant required hereunder shall be provided by the beneficial owner of the Notes in lieu of DTC or its nominee, and DTC shall be entitled to conclusively rely on such Position Representation and Verification Covenant in delivering its direction to the Trustee.

  • In any case in which the Holder is DTC or its nominee, any Position Representation or Verification Covenant required hereunder shall be provided by the beneficial owner of the Notes in lieu of DTC or its nominee, and DTC shall be entitled to rely on such Position Representation and Verification Covenant in delivering its direction to the Trustee.

  • In addition, each Directing Holder is deemed, at the time of providing a Noteholder Direction, to covenant to provide the Company with such other information as the Company may reasonably request from time to time in order to verify the accuracy of such Holder’s Position Representation within five Business Days of request therefor (a “Verification Covenant”).


More Definitions of Position Representation

Position Representation has the meaning specified in Section 502(2).
Position Representation has the meaning specified in Section 5.02(c) of this Indenture.
Position Representation has the meaning set forth in Section 5.03(a) of this Supplemental Indenture.
Position Representation has the meaning specified in Section 502(f).
Position Representation as defined in subsection 8.3.
Position Representation has the meaning specified in Section 8.04(2).
Position Representation has the meaning specified in Section 9.25(a).