DTC Eligible means, with respect to the Common Stock, that such Common Stock is eligible to be deposited in certificate form at the DTC, cleared and converted into electronic shares by the DTC and held in the name of the clearing firm servicing Lender’s brokerage firm for the benefit of Lender.

DTC Eligible means, with respect to the Common Stock, that such Common Stock is eligible to be deposited in certificate form at the DTC, cleared and converted into electronic shares by the DTC and held in the name of the clearing firm servicing Investor’s brokerage firm for the benefit of Investor.

DTC Eligible in respect of a given security, its eligibility to be traded electronically in book-entry form through DTC.

Examples of DTC Eligible in a sentence

Contributions may not be made into the Plan if the Beneficiary is not a DTC Eligible Individual in respect of the taxation year in which the contribution is made.
Provide a general overview and discussion of the activities of management.The Issuer’s Common Shares are DTC Eligible in the U.S. and trade on OTC Markets under the symbol “CXXMF”.
Only the Holder may make contributions to the Plan unless they have given written consent to allow another entity to make contributions into the Plan.Contributions may not be made into the Plan if the Beneficiary is not a DTC Eligible Individual in respect of the taxation year in which the contribution is made.Contributions may not be made into the Plan if the Beneficiary died before that time.A contribution may not be made into the Plan if:1.
The individual must also be a DTC Eligible Individual in respect of the taxation year in which the Plan is opened for them before designation to the Plan can take place.
The individual must also be a DTC Eligible Individual in respect of the taxation year in which the Plan is opened for him/her before designation as a Beneficiary of the Plan can take place.An individual is not considered a Beneficiary of the Plan until the Accountholder designates the Beneficiary on the application by providing the Beneficiary’s full name, address, social insurance number, gender, and date of birth.

More Definitions of DTC Eligible

DTC Eligible means, with respect to the Series 2016 A Bonds, meeting the qualifications prescribed by DTC.

DTC Eligible has the meaning ascribed to it in the Note.

DTC Eligible means, with respect to the Ordinary Share, that such Ordinary Share is eligible to be deposited in certificate form at the DTC, cleared and converted into electronic shares by the DTC and held in the name of the clearing firm servicing Holder’s brokerage firm for the benefit of Holder.

DTC Eligible means Bonds meeting the qualifications prescribed by DTC.

DTC Eligible means eligible for deposit at DTC and for trading through DTC’s book- entry system.

DTC Eligible in respect of a given security, its eligibility to be traded electronically in book-entry form through DTC. “DWAC” – DTC’s Deposit Withdrawal Agent Commission system. “Exchange Act” –the Securities and Exchange Act of 1934, as amended. “Exchange Amount” – shall have the meaning specified in Section 2.1 of this Agreement. “Exchange Cap”– the maximum number of shares of Issuer Common Stock that Issuer may issue pursuant to this Agreement and the transactions contemplated hereby without (i) breaching Issuer’s obligations under the applicable rules of The Nasdaq Stock Market or any other Principal Market on which the Issuer Common Stock maybe listed or quoted, or (ii) obtaining stock holder approval under the applicable rules of The Nasdaq Stock Market or any other Principal Market on which the Issuer Common Stock maybe listed or quoted. “Exchange Multiple”–subject to downward adjustment pursuant the provision set forth in Section 2.4.1 of this Agreement, sixty percent. “Exchange Notice”–in the form of Exhibit C attached hereto and incorporated by reference herein, a written notice to the Investor executed by duly authorized officer of the Issuer and including an Exchange Request, in each case as the same may be deemed amended in accordance with Section 2.4.3.4. 3