Section 3.13 definition

Section 3.13. BOOK ENTRY PROVISIONS FOR GLOBAL SECURITY. Each global Security of this series shall be registered in the name of the Depository for such global Security of this series or the nominee of such Depository and be delivered to the Trustee as custodian for such Depository. Members of, or participants in, the Depository ("Agent Members") shall have no rights under this Indenture with respect to any global Security of this series held on their behalf by the Depository, or the Trustee as its custodian, or under such global Security of this series, and the Depository may be treated by the Company, the Trustee and any agent of the Company, or the Trustee as the absolute owner of such global Security of this series for all purposes whatsoever. Notwithstanding the foregoing, nothing herein shall prevent the Company or the Trustee from giving effect to any written certification, proxy or other authorization furnished by the Depository or shall impair, as between the Depository and its Agent Members, the operation of customary practices governing the exercise of the rights of a holder of any Security. Transfers of a global Security of this series shall be limited to transfers of such global Security of this series in whole, but not in part, to the Depository, its successors or their respective nominees. Interests of beneficial owners in a global Security of this series may be transferred or exchanged for physical Securities in accordance with the rules and procedures of the Depository. Physical Securities shall be transferred to all beneficial owners in exchange for their beneficial interests in a global Security of this series if, and only if, either (1) the Depository notifies the Company that it is unwilling or unable to continue as depository for the global Security of this series and a successor depository is not appointed by the Company within 90 days of such notice, or (2) an Event of Default has occurred and is continuing and the Security Registrar has received a request from the Depository to issue physical Securities in lieu of all or a portion of the global Security of this series (in which case the Company shall deliver physical Securities within 30 days of such request). In connection with the transfer of an entire global Security of this series to beneficial owners pursuant to this Section, the global Security of this series shall be deemed to be surrendered to the Trustee for cancellation, and the Company shall execute, and the Trustee shall authenticate ...
Section 3.13. Parties" preamble "Patents" Section 2.1(l) "PCBs" Section 3.21 "Petition Date" Section 5.5(a) "Procedure Order" Section 5.5(a) "PSA" Section 5.12(e) "Purchase Price" Section 2.5 "Retained Liabilities" Section 2.4 "Retention Plan" Definition of "Cash Purchase Price" "Sale Motion" Section 5.5(b) "Sale Procedure Motion" Section 5.5(a) "SEC" Section 3.7 "SEC Reports" Section 3.7 "Securities Act" Section 3.7 "Seller" preamble "Seller Bring-Down Certificate" Section 6.1 "Selling Parties" preamble "Seller Plans" Section 3.20 "Specified Buyer Termination" Section 9.2 "Stock Transfer Power" Section 2.7(b) "Trade Secrets" Section 2.1(f) "Transferred Employees" Section 10.8 "Welfare Plan" Section 3.20 "Works" Section 2.1(b)

Examples of Section 3.13 in a sentence

  • Any report pursuant to Section 313 of the TIA shall be transmitted in compliance with subsection (c) therein.

  • The Portfolio Supervisors compensation as referred to in Section 3.13 of the Standard Terms and Conditions of Trust shall be an annual fee in the amount of $.0035 per Unit.

  • Notwithstanding the foregoing, the Servicer shall not be deemed to be in default under this Section 3.13 by reason of any transfer or assumption which the Servicer reasonably believes it is restricted by law from preventing, for any reason whatsoever.

  • In the event that this Agreement shall not be carried out for any reason whatsoever, within the time specified herein or any extensions thereof pursuant to the terms herein, the obligations of the Company to pay the out of pocket expenses related to the transactions contemplated herein shall be governed by Section 3.13 hereof.

  • The Portfolio Supervisors compensation as referred to in Section 3.13 of the Standard Terms and Conditions of Trust shall be an annual fee in the amount of $.0025 per Unit.

  • No provision of this Section 3.13 requiring such Fidelity Bond and Errors and Omissions Insurance Policy shall diminish or relieve the Servicer from its duties and obligations as set forth in this Agreement.

  • The Servicer shall maintain the Fidelity Bond and Errors and Omissions Insurance Policy as provided for in Section 3.13 insuring the Servicer against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein.

  • Within 60 days after May 15 in each year, the Trustee shall transmit by mail to all Securityholders, as their names and addresses appear on the register kept by the Registrar and, if any Bearer Securities are outstanding, publish in an Authorized Newspaper, a brief report dated as of such May 15, in accordance with, and to the extent required under, TIA Section 313.

  • In no event shall the Trustee incur liability for executing any document under this Section 3.13 at the direction of the Servicer.

  • Notwithstanding the foregoing, to the extent permissible under applicable law and at the request of the Servicer, the Trustee shall execute and deliver to the Servicer any powers of attorney and other documents prepared by the Servicer that are reasonably necessary or appropriate to enable the Servicer to execute any assumption agreement or modification agreement required to be executed by the Trustee under this Section 3.13.

Related to Section 3.13

  • Section 504 means Section 504 of the Rehabilitation Act of 1973.

  • Section 1110 means Section 1110 of the Bankruptcy Code.

  • Section 404 means Section 404 of the Sarbanes-Oxley Act of 2002 and the SEC’s rules and regulations promulgated thereunder.

  • Article 55 BRRD means Article 55 of Directive 2014/59/EU establishing a framework for the recovery and resolution of credit institutions and investment firms.

  • Section 404 Report means management’s report on “internal control over financial reporting” as defined by the SEC and the related attestation report of the independent certified public accountant as described in Section 3(A)(1).