DTC System definition

DTC System means the book-entry system of DTC.
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DTC System. The book-entry system of DTC. Early Redemption Date: The Payment Date on which the Original Notes are redeemed by Freddie Mac pursuant to its Early Redemption Option.
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DTC System. The book-entry system of DTC.
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Examples of DTC System in a sentence

  • Payments of principal and interest due to Holders of Classes maintained on the DTC System shall be paid by Freddie Mac (or the Global Agent, whether taking direction from Freddie Mac or from the Exchange Administrator) to DTC in immediately available funds.

  • Notes distributed solely within the United States shall clear and settle through the DTC System, and Notes distributed solely outside of the United States shall clear and settle through the systems operated by Euroclear, Clearstream and/or any other designated clearing system or, in certain cases, DTC.


More Definitions of DTC System

DTC System means the electronic system operated by DTC by which title to securities or interests in securities may be evidenced and transferred in dematerialised form;
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DTC System has the meaning given to that term in Section 2.04(a) of this Indenture. “Event of Default” means any of the events described in Section 8.01.
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DTC System. The book-entry system maintained by DTC. Fed Participant: Any entity eligible to maintain book-entry accounts on the Fed System.
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Related to DTC System

  • DTC/FAST Program means the DTC’s Fast Automated Securities Transfer Program.

  • Trading System means the Company’s electronic trade execution system that is used for the trading of Swaps, including the associated hardware, software, systems and communications links.

  • SDX System means the system used by NERC to exchange system data.

  • Austraclear System means the system operated by Austraclear for holding securities and the electronic recording and settling of transactions in those securities between members of that system.

  • relevant system means a relevant system for the holding and transfer of shares in uncertificated form;

  • Direct Registration System means the system for the uncertificated registration of ownership of securities established by The Depository Trust Company ("DTC") and utilized by the Depositary pursuant to which the Depositary may record the ownership of ADRs without the issuance of a certificate, which ownership shall be evidenced by periodic statements issued by the Depositary to the Holders entitled thereto. For purposes hereof, the Direct Registration System shall include access to the Profile Modification System maintained by DTC which provides for automated transfer of ownership between DTC and the Depositary.

  • Clearing System means Monte Titoli S.p.A., with offices in Piazza degli Affari no. 6, Milan, Italy ("Monte Titoli").

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

  • Record system means any group of records under the control of the division from which a record may be retrieved by a personal identifier such as the name of an individual, number, symbol, or other unique retriever assigned to an individual.

  • UST system or “tank system” means an underground storage tank, connected underground piping, underground ancillary equipment, and containment system, if any.

  • Beam monitoring system means a system designed and installed in the radiation head to detect and measure the radiation present in the useful beam.

  • Clearing Systems means Euroclear and Clearstream, Luxembourg;

  • Sewer System means pipelines or conduits, pumping stations, force mains, vehicles, vessels, conveyances, injection wells, and all other constructions, devices, and appliances appurtenant thereto used for conducting sewage or industrial waste or other wastes to a point of ultimate disposal or disposal to any water of the state. To the extent that they are not subject to section 402 of the federal Water Pollution Control Act, ditches, pipes, and drains that serve only to collect, channel, direct, and convey nonpoint runoff from precipitation are not considered as sewer systems for the purposes of this part of this division.

  • telecommunication system means any system (including the apparatus comprised in it) which exists (whether wholly or partly in Jersey or elsewhere) for the purpose of facilitating the transmission of communications by any means involving the use of electrical or electro- magnetic energy;

  • DTC Notes means Notes cleared, settled and maintained on the DTC System, registered in the name of a nominee of DTC. All of the Notes will be DTC Notes at issuance.

  • Bulk Electric System shall have the meaning provided for in the NERC Glossary of Terms used in Reliability Standards, as it may be amended, supplemented, or restated from time to time.

  • Grid System means STU / MSEDCL power transmission system / distribution system through which Delivered Energy is evacuated and distributed.