Applicable Depositary Procedures definition

Applicable Depositary Procedures means, with respect to any transfer or transaction involving a Book-Entry Preferred Security, the rules and procedures of the Depositary for such Book-Entry Preferred Security, in each case to the extent applicable to such transaction and as in effect from time to time.

Applicable Depositary Procedures means, with respect to any transfer or transaction involving a Global Security or beneficial interest therein, the rules and procedures of the Depositary for such Security, in each case to the extent applicable to such transaction and as in effect from time to time.

Applicable Depositary Procedures means, with respect to any transfer or transaction involving a Book-Entry Capital Security or a Debt Security represented by a Global Debenture, the rules and procedures of the Depositary for such Book-Entry Capital Security or Debt Security represented by a Global Debenture, in each case to the extent applicable to such transaction and as in effect from time to time.

Examples of Applicable Depositary Procedures in a sentence

• Notwithstanding the foregoing, if an Owner of a beneficial interest in a Global Preferred Security wishes at any time to transfer an interest in such Global Preferred Security to a Person other than a QIB, such transfer shall be effected, subject to the Applicable Depositary Procedures, in accordance with the provisions of this Section 5.6 and Section 5.7, and the transferee shall receive a Definitive Preferred Securities Certificate in connection with such transfer.

• Notwithstanding the foregoing, if an Owner of a beneficial interest in a Global Preferred Security wishes at any time to transfer an interest in such Global Preferred Security to a Person other than a QIB/QP, such transfer shall be effected, subject to the Applicable Depositary Procedures, in accordance with the provisions of this Section 5.6 and Section 5.7, and the transferee shall receive a Definitive Preferred Securities Certificate in connection with such transfer.

• The Depositary or its nominee, as registered owner of a Global Capital Security, shall be the Holder of such Global Capital Security for all purposes under this Declaration and the Global Capital Security, and Owners with respect to a Global Capital Security shall hold such interests pursuant to the Applicable Depositary Procedures.

• The Depositary or its nominee, as the registered owner of a Global Subordinated Note, shall be the holder of such Global Subordinated Note for all purposes under this Subordinated Note, and owners of beneficial interests in a Global Subordinated Note shall hold such interests pursuant to Applicable Depositary Procedures.

• Notwithstanding the foregoing, if an Owner of a beneficial interest in a Global Capital Security wishes at any time to transfer an interest in such Global Capital Security to a Person other than a QIB, such transfer shall be effected, subject to the Applicable Depositary Procedures, in accordance with the provisions of this Section 6.4 and Article VIII, and the transferee shall receive a Definitive Capital Securities Certificate in connection with such transfer.

More Definitions of Applicable Depositary Procedures

Applicable Depositary Procedures means, with respect to any transfer or transaction involving a Global Senior Note or beneficial interest therein, the rules and procedures of the Depositary for such Senior Note, in each case to the extent applicable to such transaction and as in effect from time to time.

Applicable Depositary Procedures means, with respect to any transfer or transaction involving a Book-Entry Trust Capital Security, the rules and procedures of the Depositary for such Book-Entry Trust Capital Security, in each case to the extent applicable to such transaction and as in effect from time to time.

Applicable Depositary Procedures means, with respect to any transfer or transaction involving a Book-Entry Capital Security, the rules and procedures of the Depository for such Book-Entry Capital Security, in each case to the extent applicable to such transaction and as in effect from time to time.

Applicable Depositary Procedures means, with respect to any transfer or transaction involving a Book-Entry Interest or a Note of any series represented by a Global Note, the rules and procedures of the Depositary for such Book-Entry Interest or Note represented by a Global Note, in each case to the extent applicable to such transaction and as in effect from time to time.

Applicable Depositary Procedures means, with respect to any transfer or transaction involving a Book-Entry Preferred Security or a Debenture represented by a Global Debenture, the rules and procedures of the Depositary for such Book-Entry Preferred Security or Debenture represented by a Global Debenture, in each case to the extent applicable to such transaction and as in effect from time to time.

Applicable Depositary Procedures has the meaning set forth in Section 5.12.3.

Applicable Depositary Procedures means accounting practices prescribed or permitted by DTC and, with respect to the Sponsor’s subsidiary insurance companies, the applicable insurance department of the state of domicile of such insurance subsidiary and, in each case, applied consistently throughout the periods involved.