Common use of Book-Entry Interests Clause in Contracts

Book-Entry Interests. The Certificates, on original issuance, will be issued in the form of one or more fully registered Global Units, to be delivered to the Depositary by, or on behalf of, the Company. Such Global Unit shall initially be registered on the books and records of the Company and the Trust in the name of Cede & Co., the nominee of the Depositary, and no Beneficial Owner will receive a Definitive Certificate representing such Beneficial Owner's interest in such Global Unit, except as provided in Section 3.10. The Unit Agent is hereby authorized to enter into an agreement with the Depositary if so requested by the Company, and in doing so the Unit Agent shall be entitled to all of the benefits and protections of this Agreement and, unless otherwise directed in writing by the Depository, the Unit Agent is hereby authorized to hold the Certificates evidencing Global Units as custodian for the Depository. Unless and until Definitive Certificates have been issued to Beneficial Owners pursuant to Section 3.10:

Appears in 4 contracts

Samples: Unit Agreement (New York Community Bancorp Inc), Unit Agreement (New York Community Bancorp Inc), Unit Agreement (New York Community Capital Trust I)

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Book-Entry Interests. The Certificates, on original issuance, will be issued in the form of one or more fully registered Global Units, to be delivered to the Depositary by, or on behalf of, the Company. Such Global Unit shall initially be registered on the books and records of the Company and the Trust in the name of Cede & Co., the nominee of the Depositary, and no Beneficial Owner will receive a Definitive Certificate representing such Beneficial Owner's ’s interest in such Global Unit, except as provided in Section 3.10. The Unit Agent is hereby authorized to enter into an agreement with the Depositary if so requested by the Company, and in doing so the Unit Agent shall be entitled to all of the benefits and protections of this Agreement and, unless otherwise directed in writing by the Depository, the Unit Agent is hereby authorized to hold the Certificates evidencing Global Units as custodian for the Depository. Unless and until Definitive Certificates have been issued to Beneficial Owners pursuant to Section 3.10:

Appears in 1 contract

Samples: Unit Agreement (New York Community Bancorp Inc)

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Book-Entry Interests. The Certificates, on original issuance, will be issued in the form of one or more fully registered Global Units, to be delivered to the Depositary by, or on behalf of, the Company. Such Global Unit shall initially be registered on the books and records of the Company and the Trust in the name of Cede & Co., the nominee of the Depositary, and no Beneficial Owner will receive a Definitive Certificate representing such Beneficial Owner's interest in such Global Unit, except as provided in Section 3.10. The Unit Agent is hereby authorized to enter into an agreement with the Depositary if so requested by the Company, and in doing so the Unit Agent shall be entitled to all of the benefits and protections of this Agreement and, unless otherwise directed in writing by the Depository, the Unit Agent is hereby authorized to hold the Certificates evidencing Global Units as custodian custodians for the Depository. Unless and until Definitive Certificates have been issued to Beneficial Owners pursuant to Section 3.10:

Appears in 1 contract

Samples: Unit Agreement (New York Community Bancorp Inc)

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