Substitute Depository definition

Substitute Depository means a securities depository appointed as successor to DTC hereunder.
Substitute Depository means the substitute depository as defined in Section 2.10.
Substitute Depository means the substitute depository as defined in Section 2.12.

Examples of Substitute Depository in a sentence

  • Except as provided in Section 2.13, all of the Outstanding Bonds shall be registered in the Bond Register kept by the Trustee in the name of the Nominee and the Bonds may be transferred, in whole but not in part, only to the Depository, to a Substitute Depository or to another nominee of the Depository or of a Substitute Depository.

  • In the case of any transfer pursuant to clause (1) or clause (2) of subsection 12.2(A) (Book-Entry Provisions – Limits on Transfer) hereof, upon receipt of all Outstanding Series 2020 Bonds by the Paying Agent, together with a Certificate of the District to the Paying Agent, a single new Series 2020 Bond shall be executed and delivered, registered in the name of such successor or such Substitute Depository, or their nominees, as the case may be, all as specified in such Certificate of the District.

  • Neither the District nor the Paying Agent will have any responsibility or obligations, legal or otherwise, to the beneficial owners or to any other party including The Depository Trust Company or its successor (or Substitute Depository or its successor), except for the Owner of any Series 2020 Bonds.


More Definitions of Substitute Depository

Substitute Depository means a securities depository appointed as successor to DTC under the Indenture.
Substitute Depository means a securities depository appointed as successor to DTC under the Indenture. “Supplemental Indenture” means any indenture duly authorized and entered into after the date of the
Substitute Depository means a securities depository appointed as successor to DTC hereunder. “Supplemental Indenture” means any indenture hereafter duly authorized under and in compliancewith the Act and this Indenture, and entered into between the Issuer and the Trustee, which supplements, modifies or amends this Indenture.
Substitute Depository means a securities depository appointed as successor to DTC under the Indenture. “Supplemental Indenture” means any indenture thereafter duly authorized and entered into between the Issuerand the related Trustee amending or supplementing each Indenture in accordance with the provisions thereof.
Substitute Depository means the substitute securities depository as defined in Section 2.10.
Substitute Depository means a securities depository appointed as successor to DTC under the Indenture. “Supplemental Act” means the Supplemental Public Securities Act, being Part 2 of Article 57 of Title 11,
Substitute Depository means a securities depository appointed as successor to DTC under the Corporation Resolution.