{"component": "clause", "props": {"groups": [{"snippet_links": [{"key": "certified-copy", "type": "clause", "offset": [37, 51]}, {"key": "resolution-of-the-board", "type": "definition", "offset": [57, 80]}, {"key": "fund-assets", "type": "clause", "offset": [116, 127]}, {"key": "the-book", "type": "clause", "offset": [131, 139]}, {"key": "entry-system", "type": "definition", "offset": [140, 152]}, {"key": "changes-to", "type": "clause", "offset": [182, 192]}, {"key": "the-arrangement", "type": "clause", "offset": [272, 287]}, {"key": "an-officer", "type": "clause", "offset": [310, 320]}, {"key": "to-the-bank", "type": "clause", "offset": [335, 346]}, {"key": "the-bank-may", "type": "clause", "offset": [405, 417]}, {"key": "portfolio-securities", "type": "clause", "offset": [423, 443]}, {"key": "provided-that", "type": "definition", "offset": [469, 482]}, {"key": "assets-held", "type": "clause", "offset": [667, 678]}, {"key": "a-fiduciary", "type": "definition", "offset": [682, 693]}, {"key": "for-customers", "type": "clause", "offset": [719, 732]}, {"key": "records-of-the-bank", "type": "definition", "offset": [742, 761]}, {"key": "with-respect-to-the-fund", "type": "clause", "offset": [783, 807]}, {"key": "book-entry", "type": "clause", "offset": [903, 913]}, {"key": "the-portfolio", "type": "definition", "offset": [914, 927]}, {"key": "other-securities", "type": "definition", "offset": [963, 979]}, {"key": "at-all-times", "type": "definition", "offset": [1015, 1027]}, {"key": "hours-of", "type": "clause", "offset": [1056, 1064]}, {"key": "for-inspection", "type": "clause", "offset": [1098, 1112]}, {"key": "authorized-officers", "type": "definition", "offset": [1121, 1140]}, {"key": "the-bank-shall", "type": "clause", "offset": [1231, 1245]}, {"key": "quantity-of", "type": "clause", "offset": [1316, 1327]}, {"key": "federal-reserve-bank", "type": "definition", "offset": [1483, 1503]}, {"key": "pay-for", "type": "definition", "offset": [1539, 1546]}, {"key": "securities-purchased", "type": "clause", "offset": [1547, 1567]}, {"key": "return-of", "type": "clause", "offset": [1637, 1646]}, {"key": "by-the-fund", "type": "clause", "offset": [1675, 1686]}, {"key": "receipt-of-advice", "type": "clause", "offset": [1696, 1713]}, {"key": "payment-and-transfer", "type": "clause", "offset": [1890, 1910]}, {"key": "transfer-securities", "type": "definition", "offset": [1970, 1989]}, {"key": "payment-for-securities-sold", "type": "clause", "offset": [2092, 2119]}, {"key": "payment-of-the", "type": "clause", "offset": [2123, 2137]}, {"key": "initial-cash-collateral", "type": "definition", "offset": [2138, 2161]}, {"key": "delivery-of-securities", "type": "definition", "offset": [2174, 2196]}, {"key": "payment-for-the", "type": "clause", "offset": [2356, 2371]}, {"key": "copies-of-all", "type": "definition", "offset": [2393, 2406]}, {"key": "transfers-of-securities", "type": "clause", "offset": [2445, 2468]}, {"key": "by-the-bank", "type": "clause", "offset": [2549, 2560]}, {"key": "rule-17f-4", "type": "definition", "offset": [2670, 2680]}, {"key": "the-1940-act", "type": "definition", "offset": [2684, 2696]}, {"key": "transfers-to-or-from-the-account", "type": "clause", "offset": [2705, 2737]}, {"key": "the-bank-will", "type": "clause", "offset": [2755, 2768]}, {"key": "provide-the", "type": "clause", "offset": [2778, 2789]}, {"key": "accounting-system", "type": "definition", "offset": [2872, 2889]}, {"key": "internal-accounting-control", "type": "clause", "offset": [2891, 2918]}, {"key": "and-procedures", "type": "clause", "offset": [2919, 2933]}], "samples": [{"hash": "lchDvoUtGCT", "uri": "/contracts/lchDvoUtGCT#book-entry-system", "label": "Custodian Agreement (State Farm Mutual Fund Trust)", "score": 18.0, "published": true}, {"hash": "id57HfrPk3V", "uri": "/contracts/id57HfrPk3V#book-entry-system", "label": "Custodian Agreement (DLB Fund Group)", "score": 18.0, "published": true}, {"hash": "hJLoiAKr7Ho", "uri": "/contracts/hJLoiAKr7Ho#book-entry-system", "label": "Custodian Agreement (Select Advisors Trust A)", "score": 18.0, "published": true}], "size": 181, "snippet": "Provided (i) the Bank has received a certified copy of a resolution of the Board specifically approving deposits of Fund assets in the Book-Entry System, and (ii) for any subsequent changes to such arrangements following such approval, the Board has reviewed and approved the arrangement and has not delivered an Officer's Certificate to the Bank indicating that the Board has withdrawn its approval:\n(a) The Bank may keep Portfolio Securities in the Book-Entry System provided that such Portfolio Securities are represented in an account (\"Account\") of the Bank (or its agent) in such System which shall not include any assets of the Bank (or such agent) other than assets held as a fiduciary, custodian, or otherwise for customers;\n(b) The records of the Bank (and any such agent) with respect to the Fund's participation in the Book-Entry System through the Bank (or any such agent) will identify by book entry the Portfolio Securities which are included with other securities deposited in the Account and shall at all times during the regular business hours of the Bank (or such agent) be open for inspection by duly authorized officers, employees or agents of the Fund. Where securities are transferred to the Fund's account, the Bank shall also, by book entry or otherwise, identify as belonging to the Fund a quantity of securities in a fungible bulk of securities (i) registered in the name of the Bank or its nominee, or (ii) shown on the Bank's account on the books of the Federal Reserve Bank;\n(c) The Bank (or its agent) shall pay for securities purchased for the account of the Fund or shall pay cash collateral against the return of Portfolio Securities loaned by the Fund upon (i) receipt of advice from the Book-Entry System that such Securities have been transferred to the Account, and (ii) the making of an entry on the records of the Bank (or its agent) to reflect such payment and transfer for the account of the Fund. The Bank (or its agent) shall transfer securities sold or loaned for the account of the Fund upon\n(i) receipt of advice from the Book-Entry System that payment for securities sold or payment of the initial cash collateral against the delivery of securities loaned by the Fund has been transferred to the Account; and\n(ii) the making of an entry on the records of the Bank (or its agent) to reflect such transfer and payment for the account of the Fund. Copies of all advices from the Book-Entry System of transfers of securities for the account of the Fund shall identify the Fund, be maintained for the Fund by the Bank and shall be provided to the Fund at its request. The Bank shall send the Fund a confirmation, as defined by Rule 17f-4 of the 1940 Act, of any transfers to or from the account of the Fund;\n(d) The Bank will promptly provide the Fund with any report obtained by the Bank or its agent on the Book-Entry System's accounting system, internal accounting control and procedures for safeguarding securities deposited in the Book-Entry System;", "hash": "002b16af0df868f382f72c9a2a1d78bf", "id": 1}, {"snippet_links": [{"key": "entry-system", "type": "definition", "offset": [5, 17]}, {"key": "treasury-department", "type": "definition", "offset": [49, 68]}, {"key": "book-entry", "type": "clause", "offset": [69, 79]}, {"key": "united-states-government", "type": "clause", "offset": [91, 115]}, {"key": "agency-securities", "type": "definition", "offset": [137, 154]}, {"key": "federal-reserve-bank", "type": "definition", "offset": [171, 191]}], "samples": [{"hash": "dqyZ3Merols", "uri": "/contracts/dqyZ3Merols#book-entry-system", "label": "Custodian Agreement (Columbia Funds Series Trust I)", "score": 31.9691982269, "published": true}, {"hash": "e49V2QpJs79", "uri": "/contracts/e49V2QpJs79#book-entry-system", "label": "Custodian Agreement (TCW Strategic Income Fund Inc)", "score": 29.1765918732, "published": true}, {"hash": "ezVaa9Is3Qq", "uri": "/contracts/ezVaa9Is3Qq#book-entry-system", "label": "Custodian Agreement (Gmo Trust)", "score": 27.2874736786, "published": true}], "size": 159, "snippet": "Book-Entry System shall mean the Federal Reserve-Treasury Department Book Entry System for United States government, instrumentality and agency securities operated by the Federal Reserve Bank, its successor or successors and its nominee or nominees.", "hash": "f4cc6531b5c488d4401ba31c6ece72d8", "id": 2}, {"snippet_links": [{"key": "the-securities", "type": "definition", "offset": [3, 17]}, {"key": "the-depositary", "type": "definition", "offset": [36, 50]}, {"key": "entry-settlement", "type": "clause", "offset": [58, 74]}, {"key": "the-company-covenants", "type": "clause", "offset": [83, 104]}, {"key": "reasonable-efforts", "type": "clause", "offset": [134, 152]}, {"key": "book-entry", "type": "clause", "offset": [172, 182]}], "samples": [{"hash": "5pNjHGV2DXC", "uri": "/contracts/5pNjHGV2DXC#book-entry-system", "label": "Indenture (Endeavour Silver Corp)", "score": 27.1834354401, "published": true}, {"hash": "fP35d6LEMA2", "uri": "/contracts/fP35d6LEMA2#book-entry-system", "label": "Indenture (Wellpoint, Inc)", "score": 23.7707042694, "published": true}, {"hash": "fGkXnu2aps1", "uri": "/contracts/fGkXnu2aps1#book-entry-system", "label": "Indenture (Endeavour Silver Corp)", "score": 23.4763851166, "published": true}], "size": 100, "snippet": "If the Securities cease to trade in the Depositary\u2019s book-entry settlement system, the Company covenants and agrees that it shall use reasonable efforts to make such other book entry arrangements that it determines are reasonable for the Securities.", "hash": "898e3a9ff9c8d60813f0e52f5b28d548", "id": 3}, {"snippet_links": [{"key": "the-preferred", "type": "clause", "offset": [15, 28]}, {"key": "a-nominee", "type": "definition", "offset": [132, 141]}, {"key": "the-securities", "type": "definition", "offset": [179, 193]}, {"key": "certificate-will", "type": "definition", "offset": [253, 269]}, {"key": "the-owners", "type": "definition", "offset": [374, 384]}, {"key": "certificates-for", "type": "clause", "offset": [458, 474]}, {"key": "transfers-of", "type": "clause", "offset": [642, 654]}, {"key": "ownership-interests", "type": "definition", "offset": [666, 685]}, {"key": "other-party", "type": "definition", "offset": [773, 784]}, {"key": "ownership-of-the", "type": "clause", "offset": [842, 858]}, {"key": "the-trustees", "type": "clause", "offset": [979, 991]}, {"key": "the-paying-agent", "type": "clause", "offset": [996, 1012]}, {"key": "the-holder", "type": "clause", "offset": [1072, 1082]}, {"key": "all-purposes", "type": "clause", "offset": [1117, 1129]}, {"key": "notices-and-voting", "type": "clause", "offset": [1150, 1168]}, {"key": "no-payment", "type": "clause", "offset": [1184, 1194]}, {"key": "communication-obligations", "type": "clause", "offset": [1206, 1231]}, {"key": "administrative-trustees", "type": "definition", "offset": [1251, 1274]}, {"key": "from-time-to-time", "type": "clause", "offset": [1327, 1344]}, {"key": "letter-of-representations", "type": "clause", "offset": [1417, 1442]}, {"key": "other-agreement", "type": "clause", "offset": [1446, 1461]}, {"key": "establish-procedures", "type": "clause", "offset": [1497, 1517]}, {"key": "with-respect-to", "type": "clause", "offset": [1518, 1533]}, {"key": "clearing-agency", "type": "definition", "offset": [1603, 1618]}, {"key": "the-depositor-and-the", "type": "clause", "offset": [1620, 1641]}, {"key": "agree-to", "type": "clause", "offset": [1664, 1672]}, {"key": "the-requirements", "type": "clause", "offset": [1678, 1694]}, {"key": "provisions-of-the", "type": "clause", "offset": [1800, 1817]}, {"key": "agreement-executed", "type": "clause", "offset": [1847, 1865]}, {"key": "trust-agreement", "type": "clause", "offset": [2068, 2083]}, {"key": "requirements-of-the", "type": "clause", "offset": [2240, 2259]}, {"key": "actions-of-the", "type": "clause", "offset": [2298, 2312]}, {"key": "entry-system", "type": "definition", "offset": [2508, 2520]}, {"key": "in-accordance-with", "type": "definition", "offset": [2593, 2611]}, {"key": "applicable-state-law", "type": "clause", "offset": [2612, 2632]}, {"key": "definitive-preferred-trust-securities-certificates", "type": "clause", "offset": [2634, 2684]}, {"key": "registration-instructions", "type": "clause", "offset": [2782, 2807]}, {"key": "its-responsibilities", "type": "clause", "offset": [2921, 2941]}, {"key": "successor-securities-depository", "type": "clause", "offset": [3027, 3058]}, {"key": "days-after", "type": "definition", "offset": [3069, 3079]}, {"key": "in-writing", "type": "clause", "offset": [3157, 3167]}, {"key": "the-book", "type": "clause", "offset": [3196, 3204]}], "samples": [{"hash": "lKJCmQW80Fy", "uri": "/contracts/lKJCmQW80Fy#book-entry-system", "label": "Trust Agreement (FPL Group Capital Inc)", "score": 18.0, "published": true}, {"hash": "k1gHHrMii3", "uri": "/contracts/k1gHHrMii3#book-entry-system", "label": "Trust Agreement (Southwestern Electric Power Co)", "score": 18.0, "published": true}, {"hash": "iwSX6mc1jfO", "uri": "/contracts/iwSX6mc1jfO#book-entry-system", "label": "Trust Agreement (American Electric Power Co Inc)", "score": 18.0, "published": true}], "size": 70, "snippet": "Some or all of the Preferred Trust Securities may be registered in the name of a securities depository (\"Securities Depository\") or a nominee therefor, and held in the custody of the Securities Depository or a custodian thereof. In such event, a single certificate will be issued and delivered to the Securities Depository for such Preferred Trust Securities, in which case the Owners of such Preferred Trust Securities will not receive physical delivery of certificates for Preferred Trust Securities. Unless Definitive Preferred Trust Securities Certificate are delivered to the Owners of Preferred Trust Securities as provided herein, all transfers of beneficial ownership interests in such Preferred Trust Securities will be made by book-entry only, and no investor or other party purchasing, selling or otherwise transferring beneficial ownership of the Preferred Trust Securities will receive, hold or deliver any certificate for Preferred Trust Securities. The Depositor, the Trustees and the Paying Agent will recognize the Securities Depository or its nominee as the Holder of Preferred Trust Securities for all purposes, including payment, notices and voting and shall have no payment, notice or communication obligations to the Owners. The Administrative Trustees, at the direction and expense of the Depositor, may from time to time appoint a Securities Depository or a successor thereto and enter into a letter of representations or other agreement with such Securities Depository to establish procedures with respect to the Preferred Trust Securities. Any Securities Depository shall be a Clearing Agency. The Depositor and the Trustees covenant and agree to meet the requirements of a Securities Depository for the Preferred Trust Securities with respect to required notices and other provisions of the letter of representations or agreement executed with respect to such Preferred Trust Securities. Whenever the beneficial ownership of any Preferred Trust Securities is determined through the books of a Securities Depository, the requirements in this Trust Agreement of holding, delivering or transferring such Preferred Trust Securities shall be deemed modified with respect to such Preferred Trust Securities to meet the requirements of the Securities Depository with respect to actions of the Trustees, the Depositor and the Paying Agent. Any provisions hereof permitting or requiring delivery of such Preferred Trust Securities shall, while such Preferred Trust Securities are in a book-entry system, be satisfied by the notation on the books of the Securities Depository in accordance with applicable state law. Definitive Preferred Trust Securities Certificates will be issued and delivered to the Owners of such Preferred Trust Securities in accordance with registration instructions of the Securities Depository if (a) the Securities Depository is no longer willing or able to properly discharge its responsibilities with respect to the Preferred Trust Securities, and the Depositor does not appoint a successor Securities Depository within 90 days after such discontinuance, or (b) the Depositor at its option advises the Trustees in writing that it elects to terminate the book-entry system through the Securities Depository.", "hash": "bc5ebe941353b965d1a5004c26cc732c", "id": 4}, {"snippet_links": [{"key": "issued-in", "type": "definition", "offset": [86, 95]}, {"key": "form-of", "type": "definition", "offset": [100, 107]}, {"key": "fully-registered-bond", "type": "definition", "offset": [117, 138]}, {"key": "cede-co", "type": "definition", "offset": [165, 175]}, {"key": "the-registered", "type": "clause", "offset": [230, 244]}, {"key": "owner-of-the-bonds", "type": "definition", "offset": [245, 263]}, {"key": "references-herein-to", "type": "definition", "offset": [284, 304]}, {"key": "registered-owners", "type": "definition", "offset": [305, 322]}, {"key": "owners-of-the-bonds", "type": "definition", "offset": [350, 369]}, {"key": "the-beneficial-owners", "type": "clause", "offset": [411, 432]}, {"key": "the-ownership-interest", "type": "clause", "offset": [451, 473]}, {"key": "transfers-of", "type": "clause", "offset": [579, 591]}, {"key": "ownership-interests", "type": "definition", "offset": [603, 622]}, {"key": "book-entries", "type": "clause", "offset": [706, 718]}, {"key": "dtc-participants", "type": "definition", "offset": [752, 768]}, {"key": "on-behalf-of", "type": "definition", "offset": [777, 789]}, {"key": "with-respect-to", "type": "clause", "offset": [830, 845]}, {"key": "trustee-shall", "type": "definition", "offset": [936, 949]}, {"key": "no-responsibility", "type": "clause", "offset": [955, 972]}, {"key": "obligation-to", "type": "clause", "offset": [976, 989]}, {"key": "any-person", "type": "definition", "offset": [1016, 1026]}, {"key": "an-interest", "type": "clause", "offset": [1074, 1085]}, {"key": "except-as-provided-in", "type": "clause", "offset": [1100, 1121]}, {"key": "without-limiting-the", "type": "clause", "offset": [1138, 1158]}, {"key": "accuracy-of-the-records", "type": "clause", "offset": [1285, 1308]}, {"key": "participant-with", "type": "clause", "offset": [1339, 1355]}, {"key": "the-delivery", "type": "clause", "offset": [1409, 1421]}, {"key": "any-other-person", "type": "definition", "offset": [1448, 1464]}, {"key": "as-shown", "type": "definition", "offset": [1491, 1499]}, {"key": "registration-books", "type": "definition", "offset": [1507, 1525]}, {"key": "any-notice", "type": "definition", "offset": [1530, 1540]}, {"key": "notice-of-redemption", "type": "definition", "offset": [1582, 1602]}, {"key": "payment-to", "type": "clause", "offset": [1617, 1627]}, {"key": "a-registered", "type": "clause", "offset": [1680, 1692]}, {"key": "principal-of", "type": "definition", "offset": [1765, 1777]}, {"key": "provisions-of-this", "type": "clause", "offset": [1853, 1871]}, {"key": "absolute-owner", "type": "clause", "offset": [2048, 2062]}, {"key": "payment-of-principal", "type": "clause", "offset": [2095, 2115]}, {"key": "and-interest", "type": "clause", "offset": [2134, 2146]}, {"key": "notices-of-redemption", "type": "clause", "offset": [2200, 2221]}, {"key": "and-other-matters", "type": "clause", "offset": [2222, 2239]}, {"key": "registering-transfers", "type": "clause", "offset": [2286, 2307]}, {"key": "other-purposes", "type": "definition", "offset": [2347, 2361]}, {"key": "interest-on-the-bonds", "type": "clause", "offset": [2435, 2456]}, {"key": "order-of", "type": "clause", "offset": [2477, 2485]}, {"key": "duly-authorized", "type": "clause", "offset": [2605, 2620]}, {"key": "in-writing", "type": "clause", "offset": [2621, 2631]}, {"key": "payments-shall-be", "type": "clause", "offset": [2646, 2663]}, {"key": "and-discharge", "type": "clause", "offset": [2701, 2714]}, {"key": "to-the-extent", "type": "clause", "offset": [2825, 2838]}, {"key": "no-person", "type": "definition", "offset": [2871, 2880]}, {"key": "bond-certificate", "type": "definition", "offset": [2964, 2980]}, {"key": "obligation-of-the-issuer", "type": "clause", "offset": [2996, 3020]}, {"key": "payments-of-principal", "type": "definition", "offset": [3029, 3050]}, {"key": "pursuant-to", "type": "clause", "offset": [3083, 3094]}, {"key": "provision-of", "type": "clause", "offset": [3119, 3131]}, {"key": "delivery-of-bonds", "type": "clause", "offset": [3175, 3192]}, {"key": "the-book", "type": "clause", "offset": [3206, 3214]}, {"key": "entry-system", "type": "definition", "offset": [3215, 3227]}, {"key": "in-effect", "type": "definition", "offset": [3231, 3240]}, {"key": "if-applicable", "type": "definition", "offset": [3313, 3326]}, {"key": "transfer-of-the", "type": "clause", "offset": [3335, 3350]}, {"key": "terms-of-the", "type": "clause", "offset": [3493, 3505]}, {"key": "letter-of-representations", "type": "clause", "offset": [3506, 3531]}, {"key": "a-copy-of", "type": "clause", "offset": [3533, 3542]}, {"key": "exhibit-b", "type": "definition", "offset": [3571, 3580]}, {"key": "as-required-by", "type": "clause", "offset": [3647, 3661]}, {"key": "its-service", "type": "definition", "offset": [3714, 3725]}, {"key": "at-any-time", "type": "clause", "offset": [3752, 3763]}, {"key": "written-notice", "type": "definition", "offset": [3785, 3799]}, {"key": "information-on", "type": "clause", "offset": [3817, 3831]}, {"key": "successor-securities-depository", "type": "clause", "offset": [3912, 3943]}, {"key": "by-the-issuer", "type": "clause", "offset": [3954, 3967]}, {"key": "in-accordance-with", "type": "definition", "offset": [4051, 4069]}, {"key": "the-information", "type": "clause", "offset": [4070, 4085]}, {"key": "to-the-trustee", "type": "clause", "offset": [4128, 4142]}, {"key": "such-information", "type": "definition", "offset": [4238, 4254]}, {"key": "of-the-company", "type": "clause", "offset": [4285, 4299]}, {"key": "the-system", "type": "definition", "offset": [4348, 4358]}, {"key": "book-entry", "type": "clause", "offset": [4362, 4372]}, {"key": "notice-to-dtc", "type": "clause", "offset": [4475, 4488]}, {"key": "deliver-to", "type": "definition", "offset": [4589, 4599]}, {"key": "the-chairman", "type": "clause", "offset": [4908, 4920]}, {"key": "vice-chairman", "type": "clause", "offset": [4924, 4937]}, {"key": "from-time-to-time", "type": "clause", "offset": [5055, 5072]}, {"key": "provide-for", "type": "clause", "offset": [5088, 5099]}], "samples": [{"hash": "gEtZypPF1OQ", "uri": "/contracts/gEtZypPF1OQ#book-entry-system", "label": "Trust Indenture (York Water Co)", "score": 21.0, "published": true}, {"hash": "ePPniirKTeI", "uri": "/contracts/ePPniirKTeI#book-entry-system", "label": "Trust Indenture (York Water Co)", "score": 21.0, "published": true}], "size": 58, "snippet": "(a) DTC will act as Securities Depository for the Bonds. The Bonds shall be initially issued in the form of a single fully registered Bond registered in the name of Cede & Co. (DTC\u2019s partnership nominee). So long as Cede & Co. is the Registered Owner of the Bonds, as nominee of DTC, references herein to Registered Owners, Bondholders or holders or Owners of the Bonds shall mean Cede & Co. and shall not mean the beneficial owners of the Bonds.\n(b) The ownership interest of each of the Beneficial Owners of the Bonds will be recorded through the records of a DTC Participant. Transfers of beneficial ownership interests in the Bonds which are registered in the name of Cede & Co. will be accompanied by book entries made by DTC and, in turn, by the DTC Participants who act on behalf of the Beneficial Owners of the Bonds.\n(c) With respect to Bonds registered in the name of Cede & Co., DTC\u2019s partnership nominee, the Issuer and the Trustee shall have no responsibility or obligation to any DTC Participant or to any person on behalf of whom such a DTC Participant holds an interest in the Bonds, except as provided in this Indenture. Without limiting the immediately preceding sentence, the Issuer and the Trustee shall have no responsibility or obligation with respect to (i) the accuracy of the records of DTC, Cede & Co. or any DTC Participant with respect to any ownership interest in the Bonds, (ii) the delivery to any DTC Participant or any other person, other than a Bondholder, as shown on the registration books, of any notice with respect to the Bonds, including any notice of redemption, or (iii) the payment to any DTC Participant or any other person, other than a Registered Owner, as shown in the registration books of any amount with respect to principal of, premium, if any, or interest on, the Bonds.\n(d) Notwithstanding any other provisions of this Indenture to the contrary, the Issuer and the Trustee shall be entitled to treat and consider the person in whose name each Bond is registered in the registration books as the absolute owner of such Bond for the purpose of payment of principal, premium, if any, and interest with respect to such Bond, for the purpose of giving notices of redemption and other matters with respect to such Bond, for the purpose of registering transfers with respect to such Bond, and for all other purposes whatsoever. The Trustee shall pay all principal of, premium, if any, and interest on the Bonds only to or upon the order of the respective owners, as shown in the registration books as provided in this Indenture, or their respective attorneys duly authorized in writing, and all such payments shall be valid and effective to fully satisfy and discharge the Issuer\u2019s obligations with respect to payment of principal of, premium, if any, and interest on, the Bonds to the extent of the sum or sums so paid.\n(e) No person other than a Registered Owner, as shown in the registration books, shall receive a Bond certificate evidencing the obligation of the Issuer to make payments of principal, premium, if any, and interest, pursuant to this Indenture.\n(f) Any provision of this Indenture permitting or requiring the delivery of Bonds shall, while the book-entry system is in effect, be satisfied by the notation on the books of DTC or a DTC Participant, if applicable, of the transfer of the Beneficial Owner\u2019s interest in such Bond.\n(g) So long as the book-entry system is in effect, the Trustee and the Issuer shall comply with the terms of the Letter of Representations, a copy of which is attached hereto as Exhibit B and made a part hereof, or an alternate Letter of Representations as required by DTC.\n(h) DTC may determine to discontinue providing its service with respect to the Bonds at any time by giving reasonable written notice and all relevant information on the Beneficial Owners of the Bonds to the Issuer or the Trustee. If there is no successor Securities Depository appointed by the Issuer, the Trustee shall authenticate and deliver Bonds to the Beneficial Owners thereof in accordance with the information respecting the Beneficial Owners provided to the Trustee by DTC, but without any liability on the part of the Issuer or the Trustee for the accuracy of such information. The Issuer, at the direction of the Company, may determine not to continue participation in the system of book entry transfers through DTC (or a successor Securities Depository) at any time by giving reasonable written notice to DTC (or a successor Securities Depository) and the Trustee. In such event, the Issuer shall execute and deliver to the Trustee, and the Trustee shall authenticate and deliver the Bonds to the Beneficial Owners thereof in accordance with the information respecting the Beneficial Owners provided to the Trustee by DTC, but without any liability on the part of the Issuer or the Trustee for the accuracy of such information. The Chairman or Vice Chairman of the Issuer is hereby authorized to execute any additional Letter of Representations or similar document necessary from time to time to continue or provide for the DTC book-entry system.", "hash": "1ba701cfb65336b717d79aa9706844bd", "id": 5}, {"snippet_links": [{"key": "in-order-to", "type": "clause", "offset": [0, 11]}, {"key": "the-debentures", "type": "clause", "offset": [71, 85]}, {"key": "a-portion", "type": "definition", "offset": [108, 117]}, {"key": "issued-in", "type": "definition", "offset": [157, 166]}, {"key": "form-of", "type": "definition", "offset": [171, 178]}, {"key": "fully-registered-debentures", "type": "definition", "offset": [191, 218]}, {"key": "aggregate-principal-amount", "type": "definition", "offset": [246, 272]}, {"key": "issue-date", "type": "clause", "offset": [300, 310]}, {"key": "interest-rate", "type": "definition", "offset": [312, 325]}, {"key": "stated-maturity-date", "type": "clause", "offset": [330, 350]}, {"key": "each-global", "type": "definition", "offset": [536, 547]}, {"key": "by-the-trustee", "type": "clause", "offset": [577, 591]}, {"key": "to-the-depositary", "type": "clause", "offset": [592, 609]}, {"key": "pursuant-to-the", "type": "definition", "offset": [613, 628]}, {"key": "except-as-otherwise-provided", "type": "clause", "offset": [718, 746]}, {"key": "the-indenture", "type": "clause", "offset": [766, 779]}, {"key": "successor-depositary", "type": "clause", "offset": [892, 912]}, {"key": "a-nominee", "type": "definition", "offset": [919, 928]}, {"key": "provision-of", "type": "clause", "offset": [986, 998]}, {"key": "approved-by", "type": "clause", "offset": [1306, 1317]}, {"key": "at-any-time", "type": "clause", "offset": [1383, 1394]}, {"key": "global-debentures", "type": "definition", "offset": [1414, 1431]}, {"key": "in-good-standing", "type": "definition", "offset": [1658, 1674]}, {"key": "the-exchange-act", "type": "definition", "offset": [1681, 1697]}, {"key": "applicable-statute", "type": "clause", "offset": [1707, 1725]}, {"key": "after-the-company", "type": "definition", "offset": [1842, 1859]}, {"key": "the-case", "type": "definition", "offset": [1920, 1928]}, {"key": "sole-discretion", "type": "definition", "offset": [1972, 1987]}, {"key": "represented-by", "type": "definition", "offset": [2042, 2056]}, {"key": "to-the-trustee", "type": "clause", "offset": [2100, 2114]}, {"key": "an-officer", "type": "clause", "offset": [2115, 2125]}, {"key": "such-determination", "type": "definition", "offset": [2151, 2169]}, {"key": "an-event-of-default", "type": "definition", "offset": [2179, 2198]}, {"key": "provisions-of-this-section", "type": "clause", "offset": [2234, 2260]}, {"key": "the-company-will", "type": "clause", "offset": [2337, 2353]}, {"key": "upon-receipt-of-an", "type": "clause", "offset": [2379, 2397]}, {"key": "determination-by-the-company", "type": "clause", "offset": [2436, 2464]}, {"key": "like-tenor", "type": "clause", "offset": [2529, 2539]}, {"key": "registered-form", "type": "clause", "offset": [2554, 2569]}, {"key": "authorized-denominations", "type": "definition", "offset": [2574, 2598]}, {"key": "in-aggregate", "type": "definition", "offset": [2604, 2616]}, {"key": "equal-to", "type": "definition", "offset": [2634, 2642]}, {"key": "the-principal-amount", "type": "definition", "offset": [2643, 2663]}, {"key": "the-global", "type": "definition", "offset": [2667, 2677]}, {"key": "in-exchange", "type": "clause", "offset": [2704, 2715]}, {"key": "indirect-participants", "type": "definition", "offset": [3187, 3208]}, {"key": "trustee-shall", "type": "definition", "offset": [3255, 3268]}, {"key": "the-persons", "type": "clause", "offset": [3296, 3307]}, {"key": "beneficial-interests", "type": "clause", "offset": [3394, 3414]}, {"key": "to-receive", "type": "definition", "offset": [3459, 3469]}, {"key": "delivery-of-debentures", "type": "clause", "offset": [3479, 3501]}, {"key": "definitive-form", "type": "clause", "offset": [3505, 3520]}, {"key": "the-holders", "type": "clause", "offset": [3548, 3559]}, {"key": "members-of", "type": "clause", "offset": [3606, 3616]}, {"key": "no-rights", "type": "clause", "offset": [3662, 3671]}, {"key": "with-respect-to", "type": "clause", "offset": [3693, 3708]}, {"key": "agent-of-the-company", "type": "clause", "offset": [3878, 3898]}, {"key": "all-purposes", "type": "clause", "offset": [3958, 3970]}, {"key": "notwithstanding-the-foregoing", "type": "clause", "offset": [3983, 4012]}, {"key": "written-certification", "type": "definition", "offset": [4139, 4160]}, {"key": "and-its-members", "type": "clause", "offset": [4255, 4270]}, {"key": "operation-of", "type": "clause", "offset": [4292, 4304]}, {"key": "customary-practices", "type": "definition", "offset": [4305, 4324]}, {"key": "rights-of-a-holder", "type": "clause", "offset": [4351, 4369]}, {"key": "including-without-limitation", "type": "clause", "offset": [4388, 4416]}, {"key": "other-action", "type": "clause", "offset": [4570, 4582]}], "samples": [{"hash": "hkifZ9xQNWg", "uri": "/contracts/hkifZ9xQNWg#book-entry-system", "label": "Indenture (Pseg Power Capital Trust V)", "score": 18.0, "published": true}, {"hash": "c40zBKhb4qa", "uri": "/contracts/c40zBKhb4qa#book-entry-system", "label": "Indenture (Public Service Enterprise Group Inc)", "score": 18.0, "published": true}, {"hash": "bK5oqJzdHhc", "uri": "/contracts/bK5oqJzdHhc#book-entry-system", "label": "Indenture (Public Service Enterprise Group Inc)", "score": 18.0, "published": true}], "size": 54, "snippet": "In order to utilize a book-entry-only system for all or any portion of the Debentures of any series, all or a portion of the Debentures of any series may be issued in the form of one or more fully registered Debentures of the same series for the aggregate principal amount of such Debentures of each Issue Date, interest rate and Stated Maturity Date (a \"global Debenture\"), which global Debenture shall be registered in the name of the depositary (the \"Depositary\") selected by the Company or in the name of such Depositary's nominee. Each global Debenture shall be delivered by the Trustee to the Depositary or pursuant to the Depositary's instruction and shall bear a legend substantially to the following effect: \"Except as otherwise provided in Section 2.12 of the Indenture, this Debenture may be transferred, in whole but not in part, only to another nominee of the Depositary or to a successor Depositary or to a nominee of such successor Depositary.\" Notwithstanding any other provision of this Section 2.12 or of Section 2.08 hereof, a global Debenture may be transferred in whole but not in part and in the manner provided in Section 2.08 hereof, only by a nominee of the Depositary for such series, or by the Depositary or any such nominee of a successor Depositary for such series selected or approved by the Company or to a nominee of such successor Depositary. If (i) at any time the Depositary for global Debentures of any series of Debentures notifies the Company that it is unwilling or unable to continue as Depositary for such global Debentures or if at any time the Depositary for such global Debentures shall no longer be registered or in good standing under the Exchange Act or other applicable statute or regulation, and a successor Depositary for such global Debentures is not appointed by the Company within 90 days after the Company receives such notice or becomes aware of such condition, as the case may be, (ii) the Company determines in its sole discretion, that the Debentures of any series shall no longer be represented by one or more global Debentures and delivers to the Trustee an Officer's Certificate evidencing such determination or (iii) an Event of Default occurs and is continuing, then the provisions of this Section 2.12 shall no longer apply to the Debentures of such series. In such event, the Company will execute and the Trustee, upon receipt of an Officer's Certificate evidencing such determination by the Company, will authenticate and deliver Debentures of such series and of like tenor in definitive registered form, in authorized denominations, and in aggregate principal amount equal to the principal amount of the global Debentures of such series in exchange for such global Debentures. Upon the exchange of global Debentures for such Debentures in definitive registered form without coupons, in authorized denominations, the global Debentures shall be cancelled by the Trustee. Such Debentures in definitive registered form issued in exchange for global Debentures pursuant to this Section 2.12 shall be registered in such names and in such authorized denominations as the Depositary, pursuant to instructions from its direct or indirect participants or otherwise, shall instruct the Trustee. The Trustee shall deliver such Debentures to the Persons in whose names such Debentures are so registered. Except as provided above, owners of beneficial interests in a global Debenture shall not be entitled to receive physical delivery of Debentures in definitive form and will not be considered the Holders thereof for any purpose under this Indenture. Members of or participants in the Depositary shall have no rights under this Indenture with respect to any global Debenture held on their behalf by the Depositary, and such Depositary or its nominee, as the case may be, may be treated by the Company, the Trustee, and any agent of the Company or the Trustee as the Holder of such global Debentures for all purposes whatsoever. Notwithstanding the foregoing, nothing herein shall prevent the Company, the Trustee, or any agent of the Company or the Trustee, from giving effect to any written certification proxy or other authorization furnished by the Depositary or impair, as between the Depositary and its members or participants, the operation of customary practices governing exercise of the rights of a Holder of any Debenture, including without limitation the granting of proxies or other authorization of participants to give or take any request, demand, authorization, direction, notice, consent, waiver or other action which a Holder is entitled to give or take under this Indenture.", "hash": "d0a62b69fc083610a134ff88375a6b1f", "id": 6}, {"snippet_links": [{"key": "the-notes", "type": "clause", "offset": [3, 12]}, {"key": "the-depositary", "type": "definition", "offset": [31, 45]}, {"key": "entry-settlement", "type": "clause", "offset": [53, 69]}, {"key": "the-company-covenants", "type": "clause", "offset": [78, 99]}, {"key": "reasonable-efforts", "type": "clause", "offset": [129, 147]}, {"key": "book-entry", "type": "clause", "offset": [167, 177]}], "samples": [{"hash": "cXG3Nmr7Wpb", "uri": "/contracts/cXG3Nmr7Wpb#book-entry-system", "label": "Indenture (Hc2 Holdings, Inc.)", "score": 32.0855560303, "published": true}, {"hash": "9lZR6wDP4e6", "uri": "/contracts/9lZR6wDP4e6#book-entry-system", "label": "First Supplemental Indenture (Digital Turbine Usa, Inc.)", "score": 28.0609169006, "published": true}, {"hash": "kd7aSuTnj7x", "uri": "/contracts/kd7aSuTnj7x#book-entry-system", "label": "Indenture (Digital Turbine, Inc.)", "score": 27.9760437012, "published": true}], "size": 41, "snippet": "If the Notes cease to trade in the Depositary\u2019s book-entry settlement system, the Company covenants and agrees that it shall use reasonable efforts to make such other book entry arrangements that it determines are reasonable for the Notes.", "hash": "5f9f37fdfd9e0e2676e31ff23717b4da", "id": 7}, {"snippet_links": [{"key": "entry-form", "type": "definition", "offset": [33, 43]}, {"key": "the-sponsor", "type": "clause", "offset": [47, 58]}, {"key": "the-transfer-agent", "type": "clause", "offset": [77, 95]}, {"key": "number-of", "type": "definition", "offset": [195, 204]}, {"key": "creation-units", "type": "definition", "offset": [205, 219]}, {"key": "the-account", "type": "clause", "offset": [223, 234]}, {"key": "applicable-shareholder", "type": "definition", "offset": [242, 264]}, {"key": "the-trust", "type": "clause", "offset": [412, 421]}, {"key": "issue-shares", "type": "clause", "offset": [425, 437]}, {"key": "certificated-form", "type": "clause", "offset": [441, 458]}, {"key": "sole-discretion", "type": "definition", "offset": [466, 481]}], "samples": [{"hash": "hVH51e727CE", "uri": "/contracts/hVH51e727CE#book-entry-system", "label": "Trust Agreement (Canary HBAR ETF)", "score": 37.8651608487, "published": true}, {"hash": "hP2VHDQJ28f", "uri": "/contracts/hP2VHDQJ28f#book-entry-system", "label": "Trust Agreement (Canary Staked INJ ETF)", "score": 37.8076667786, "published": true}, {"hash": "lzbw9VubGlO", "uri": "/contracts/lzbw9VubGlO#book-entry-system", "label": "Trust Agreement (Canary Staked TRX ETF)", "score": 37.6297073364, "published": true}], "size": 32, "snippet": "(a) Shares shall be held in book-entry form by the Sponsor, its delegate, or the Transfer Agent. The Sponsor or its delegate shall, or shall direct the Transfer Agent, to (i) credit or debit the number of Creation Units to the account of the applicable Shareholder and (ii) issue or cancel Creation Units, as applicable, at the direction of the Sponsor or its delegate.\n(b) The Sponsor or its delegate may cause the Trust to issue Shares in certificated form in its sole discretion.", "hash": "06a1151eae27c47d4ce392a0b178f7b4", "id": 8}, {"snippet_links": [{"key": "pursuant-to-a", "type": "definition", "offset": [28, 41]}, {"key": "entry-system", "type": "definition", "offset": [48, 60]}, {"key": "the-securities", "type": "definition", "offset": [77, 91]}, {"key": "distribution-of", "type": "clause", "offset": [120, 135]}, {"key": "except-as-provided-in", "type": "clause", "offset": [165, 186]}, {"key": "section-48", "type": "clause", "offset": [192, 203]}, {"key": "rating-agency", "type": "definition", "offset": [297, 310]}, {"key": "the-holder", "type": "clause", "offset": [337, 347]}, {"key": "the-issuer", "type": "clause", "offset": [386, 396]}, {"key": "delivery-of", "type": "clause", "offset": [447, 458]}, {"key": "the-book", "type": "clause", "offset": [603, 611]}, {"key": "registered-broker", "type": "definition", "offset": [630, 647]}, {"key": "subject-to", "type": "clause", "offset": [655, 665]}, {"key": "an-affiliate", "type": "clause", "offset": [685, 697]}, {"key": "agrees-to", "type": "clause", "offset": [711, 720]}, {"key": "in-effect", "type": "definition", "offset": [784, 793]}, {"key": "aggregate-principal-amount-of-each", "type": "definition", "offset": [841, 875]}, {"key": "bond-or-bonds", "type": "definition", "offset": [991, 1004]}, {"key": "securities-depository-nominee", "type": "definition", "offset": [1044, 1073]}, {"key": "the-participants", "type": "definition", "offset": [1149, 1165]}, {"key": "indirect-participants", "type": "definition", "offset": [1170, 1191]}, {"key": "ownership-of-the", "type": "clause", "offset": [1221, 1237]}, {"key": "authorized-denominations", "type": "definition", "offset": [1247, 1271]}, {"key": "transfers-of-ownership", "type": "clause", "offset": [1278, 1300]}, {"key": "the-records", "type": "clause", "offset": [1313, 1324]}, {"key": "rules-and-procedures", "type": "clause", "offset": [1414, 1434]}, {"key": "the-principal", "type": "clause", "offset": [1525, 1538]}, {"key": "purchase-price", "type": "definition", "offset": [1542, 1556]}, {"key": "payable-to", "type": "definition", "offset": [1598, 1608]}, {"key": "any-other-person", "type": "definition", "offset": [1646, 1662]}, {"key": "bond-register", "type": "clause", "offset": [1680, 1693]}, {"key": "by-the-trustee", "type": "clause", "offset": [1705, 1719]}, {"key": "the-registered", "type": "clause", "offset": [1723, 1737]}, {"key": "legal-representative", "type": "clause", "offset": [1778, 1798]}, {"key": "all-purposes", "type": "clause", "offset": [1919, 1931]}, {"key": "transfers-or-exchanges", "type": "clause", "offset": [1933, 1955]}, {"key": "payments-of-principal", "type": "definition", "offset": [1957, 1978]}, {"key": "notices-to-participants", "type": "clause", "offset": [2025, 2048]}, {"key": "responsibility-of-the", "type": "clause", "offset": [2087, 2108]}, {"key": "and-transfers", "type": "clause", "offset": [2132, 2145]}, {"key": "notices-to-beneficial-owners", "type": "clause", "offset": [2228, 2256]}, {"key": "other-party", "type": "definition", "offset": [2338, 2349]}, {"key": "be-responsible", "type": "clause", "offset": [2379, 2393]}, {"key": "records-maintained", "type": "clause", "offset": [2507, 2525]}, {"key": "other-provisions", "type": "definition", "offset": [2665, 2681]}, {"key": "redemption-premium", "type": "definition", "offset": [2744, 2762]}, {"key": "interest-on-the-bonds", "type": "clause", "offset": [2776, 2797]}, {"key": "the-case", "type": "definition", "offset": [2882, 2890]}, {"key": "transfer-in", "type": "clause", "offset": [2907, 2918]}, {"key": "immediately-available-funds", "type": "clause", "offset": [2919, 2946]}, {"key": "the-account", "type": "clause", "offset": [2950, 2961]}, {"key": "provisions-of-this-section", "type": "clause", "offset": [2998, 3024]}, {"key": "subordinate-bonds", "type": "definition", "offset": [3033, 3050]}, {"key": "at-any-time", "type": "clause", "offset": [3267, 3278]}, {"key": "provide-for", "type": "clause", "offset": [3292, 3303]}, {"key": "replacement-of", "type": "clause", "offset": [3308, 3322]}, {"key": "the-depository", "type": "clause", "offset": [3352, 3366]}, {"key": "qualified-securities", "type": "definition", "offset": [3394, 3414]}, {"key": "maintenance-of-the", "type": "clause", "offset": [3454, 3472]}, {"key": "notice-of", "type": "clause", "offset": [3519, 3528]}, {"key": "trustee-shall", "type": "definition", "offset": [3564, 3577]}, {"key": "prior-notice", "type": "definition", "offset": [3592, 3604]}, {"key": "number-of-days", "type": "clause", "offset": [3666, 3680]}, {"key": "bondholder-representative", "type": "definition", "offset": [3756, 3781]}, {"key": "from-time-to-time", "type": "clause", "offset": [3792, 3809]}, {"key": "for-purposes-of-the", "type": "clause", "offset": [3854, 3873]}, {"key": "beneficially-owns", "type": "definition", "offset": [3883, 3900]}, {"key": "notice-to-the-trustee", "type": "clause", "offset": [3924, 3945]}, {"key": "prior-to-the-effective-date", "type": "clause", "offset": [3963, 3990]}, {"key": "the-beneficial-owners", "type": "clause", "offset": [4149, 4170]}, {"key": "appropriate-notice", "type": "clause", "offset": [4347, 4365]}, {"key": "issued-to", "type": "definition", "offset": [4477, 4486]}, {"key": "days-after", "type": "definition", "offset": [4590, 4600]}, {"key": "date-of-mailing", "type": "definition", "offset": [4605, 4620]}, {"key": "of-the-borrower", "type": "clause", "offset": [4780, 4795]}, {"key": "requested-by", "type": "clause", "offset": [4804, 4816]}, {"key": "certificated-form", "type": "clause", "offset": [4902, 4919]}, {"key": "names-of", "type": "clause", "offset": [4938, 4946]}, {"key": "the-notice", "type": "clause", "offset": [5071, 5081]}, {"key": "registered-form", "type": "clause", "offset": [5176, 5191]}, {"key": "exhibit-a", "type": "clause", "offset": [5232, 5241]}, {"key": "exhibit-h", "type": "definition", "offset": [5245, 5254]}, {"key": "the-parties", "type": "definition", "offset": [5319, 5330]}, {"key": "pursuant-to-section", "type": "definition", "offset": [5346, 5365]}, {"key": "in-order-to", "type": "clause", "offset": [5381, 5392]}, {"key": "certificated-bonds", "type": "definition", "offset": [5412, 5430]}, {"key": "replacement-securities", "type": "definition", "offset": [5623, 5645]}, {"key": "the-borrower-and-the", "type": "clause", "offset": [5823, 5843]}, {"key": "liability-for", "type": "clause", "offset": [5866, 5879]}, {"key": "obligation-to", "type": "clause", "offset": [5936, 5949]}, {"key": "the-terms-and-provisions", "type": "clause", "offset": [6300, 6324]}, {"key": "letter-of-representations", "type": "clause", "offset": [6330, 6355]}, {"key": "are-incorporated-herein-by-reference", "type": "clause", "offset": [6405, 6441]}, {"key": "in-the-event", "type": "clause", "offset": [6447, 6459]}, {"key": "provisions-of-the", "type": "clause", "offset": [6520, 6537]}, {"key": "representations-and", "type": "clause", "offset": [6548, 6567]}, {"key": "the-initial-securities", "type": "clause", "offset": [6623, 6645]}, {"key": "with-respect-to", "type": "clause", "offset": [6669, 6684]}, {"key": "terms-of-the", "type": "clause", "offset": [6700, 6712]}, {"key": "comply-with", "type": "clause", "offset": [6771, 6782]}, {"key": "the-rules", "type": "clause", "offset": [6787, 6796]}, {"key": "policies-and-procedures", "type": "clause", "offset": [6811, 6834]}, {"key": "without-limitation", "type": "clause", "offset": [6989, 7007]}, {"key": "the-obligation", "type": "clause", "offset": [7009, 7023]}, {"key": "required-elections", "type": "clause", "offset": [7036, 7054]}, {"key": "to-ensure", "type": "clause", "offset": [7055, 7064]}, {"key": "pro-rata", "type": "definition", "offset": [7069, 7077]}, {"key": "payments-required", "type": "clause", "offset": [7097, 7114]}, {"key": "trustee-may-rely", "type": "clause", "offset": [7169, 7185]}, {"key": "certificate-of", "type": "clause", "offset": [7210, 7224]}, {"key": "participant-or-indirect-participant", "type": "clause", "offset": [7429, 7464]}, {"key": "owned-by", "type": "definition", "offset": [7546, 7554]}], "samples": [{"hash": "8EPYzJePoID", "uri": "/contracts/8EPYzJePoID#book-entry-system", "label": "Bond Purchase Agreement", "score": 21.0, "published": true}, {"hash": "27hRpS7EspL", "uri": "/contracts/27hRpS7EspL#book-entry-system", "label": "Bond Purchase Agreement", "score": 21.0, "published": true}], "size": 22, "snippet": "(a) The Bonds may be issued pursuant to a Book- Entry System administered by the Securities Depository with no physical distribution of Bond certificates to be made except as provided in this Section 4.8 (i) if the Bonds are rated \u201cA\u201d without regard to modifier (or the equivalent) or better by a Rating Agency or (ii) upon direction of the Holder and upon confirmation satisfactory to the Issuer that each of the Issuer\u2019s policies for book-entry delivery of unrated bonds has been met, including that the Holder or a designee thereof to whom the Bonds are delivered immediately prior to their entering the Book-Entry System is a registered broker-dealer subject to MSRB Rule G-15. or an Affiliate thereof that agrees to abide by MSRB Rule G-15.\n(b) So long as a Book-Entry System is in effect for the Bonds, one Bond for each Series in the aggregate principal amount of each maturity of such Bonds will be issued and deposited with the Securities Depository to be held in its custody. Such Bond or Bonds shall be registered in the name of the Securities Depository Nominee. The Book-Entry System will be maintained by the Securities Depository and the participants and indirect participants and will evidence beneficial ownership of the Bonds in Authorized Denominations, with transfers of ownership effected on the records of the Securities Depository, the participants and the indirect participants pursuant to rules and procedures established by the Securities Depository, the Participants and the Indirect Participants. The principal or purchase price of and any premium on each Bond shall be payable to the Securities Depository Nominee or any other person appearing on the Bond Register maintained by the Trustee as the registered Bondholder or his registered assigns or legal representative. So long as the Book-Entry System is in effect, the Securities Depository will be recognized as the sole Bondholder for all purposes. Transfers or exchanges, payments of principal, purchase price, interest and any premium and notices to Participants and Indirect Participants will be the responsibility of the Securities Depository, and transfers or exchanges, payments of principal, purchase price, interest and any premium and notices to Beneficial Owners will be the responsibility of the Participants and the Indirect Participants. No other party (including the Trustee) will be responsible or liable for such transfers or exchanges, payments or notices or for maintaining, supervising or reviewing such records maintained by the Securities Depository, the Participants or the Indirect Participants. While the Book-Entry System is in effect, notwithstanding any other provisions set forth herein, payments of principal or purchase price of, redemption premium, if any, and interest on the Bonds shall be made to the Securities Depository Nominee or the Securities Depository, as the case may be, by wire transfer in immediately available funds to the account of such entity. Notwithstanding the provisions of this Section 4.8(b), Subordinate Bonds may not be issued pursuant to a Book-Entry System administered by the Securities Depository with no physical distribution of Bond certificates to be made except as provided in this Section 4.8(b).\n(c) The Issuer may at any time elect (i) to provide for the replacement of any Securities Depository as the depository for the Bonds with another qualified Securities Depository, or (ii) to discontinue the maintenance of the Bonds under a Book-Entry System. Upon written notice of such election from the Issuer, the Trustee shall give 30 days\u2019 prior notice of such election to the Securities Depository (or such fewer number of days as shall be acceptable to such Securities Depository and the Trustee). The Bondholder Representative may elect from time to time to discontinue the Book-Entry System solely for purposes of the Bonds it beneficially owns by providing a written notice to the Trustee at least 30 days prior to the effective date of such election.\n(d) Upon the discontinuance of the maintenance of the Bonds under a Book-Entry System, the Issuer will cause Bonds to be issued directly to the Beneficial Owners of such Bonds, or their designees, as further described below. In such event, the Trustee shall make provisions to notify Participants and the Beneficial Owners, by mailing an appropriate notice to the Securities Depository, or by other means deemed appropriate by the Trustee, that Bonds will be directly issued to the Beneficial Owners thereof as of a date set forth in such notice, which shall be a date at least 10 days after the date of mailing of such notice (or such fewer number of days as shall be acceptable to the Securities Depository and the Trustee). Upon such event, the Issuer, at the expense of the Borrower, or, if requested by the Bondholder Representative, at its expense, shall promptly have prepared Bonds in certificated form registered in the names of the Beneficial Owners thereof shown on the records of the Participants provided to the Trustee, as of the date set forth in the notice described above. Bonds issued to the Beneficial Owners, or their designees, shall be in fully registered form substantially in the forms set forth in Exhibit A or Exhibit H, as applicable. In such event, this Indenture may be amended as the parties deem necessary pursuant to Section 13.1(f) hereof in order to reflect the use of certificated Bonds.\n(e) If any Securities Depository is replaced as the depository for the Bonds with another qualified Securities Depository, the Issuer, at the expense of the Borrower, will issue Bonds to the replacement Securities Depository Bonds substantially in the forms set forth in Exhibit A or Exhibit H, as applicable registered in the name of such replacement Securities Depository.\n(f) The Issuer, the Borrower and the Trustee shall have no liability for the failure of any Securities Depository to perform its obligation to any Participant, any Indirect Participant or any Beneficial Owner of any Bonds, and none of them shall be liable for the failure of any Participant, Indirect Participant or other nominee of any Beneficial Owner of any Bonds to perform any obligation that such Participant, Indirect Participant or other nominee may incur to any Beneficial Owner.\n(g) The terms and provisions of a letter of representations between the Issuer and the Securities Depository are incorporated herein by reference and, in the event there shall exist any inconsistency between the substantive provisions of the Letter of Representations and any provisions of this Indenture, then, for as long as the initial Securities Depository shall serve with respect to the Bonds, the terms of the Letter of Representations shall govern. The Trustee shall comply with all the rules, regulations, policies and procedures of the Securities Depository in order to effectuate the provisions and intent of this Indenture, the Issuer and the Bondholder Representative, including, without limitation, the obligation to make all required elections to ensure the pro rata partial redemption payments required in Section 6.14.\n(h) The Issuer, the Borrower and the Trustee may rely conclusively upon (1) a certificate of the Securities Depository as to the identity of the Participants in the Book-Entry System; (2) a certificate of any Participant as to the identity of any Indirect Participant and (3) a certificate of any Participant or Indirect Participant as to the identity of, and the respective principal amount of Bonds beneficially owned by, the Beneficial Owners.", "hash": "a5490388a0b2c8ea3607441a1c79d2e2", "id": 9}, {"snippet_links": [{"key": "acceptance-by", "type": "clause", "offset": [9, 22]}, {"key": "interest-for", "type": "definition", "offset": [56, 68]}, {"key": "entry-settlement", "type": "clause", "offset": [89, 105]}, {"key": "in-accordance-with", "type": "definition", "offset": [113, 131]}, {"key": "terms-of-the", "type": "clause", "offset": [136, 148]}, {"key": "letter-of-representations", "type": "clause", "offset": [149, 174]}, {"key": "issued-by", "type": "definition", "offset": [205, 214]}, {"key": "entry-system", "type": "definition", "offset": [249, 261]}, {"key": "ownership-of", "type": "clause", "offset": [267, 279]}, {"key": "transfer-of", "type": "definition", "offset": [333, 344]}, {"key": "records-maintained", "type": "clause", "offset": [387, 405]}, {"key": "dtc-participants", "type": "definition", "offset": [434, 450]}, {"key": "authorized-denominations", "type": "definition", "offset": [522, 546]}, {"key": "the-securities", "type": "definition", "offset": [550, 564]}, {"key": "the-indenture", "type": "clause", "offset": [599, 612]}, {"key": "except-as-provided-in", "type": "clause", "offset": [737, 758]}, {"key": "the-deposit-agreement", "type": "clause", "offset": [775, 796]}, {"key": "to-receive", "type": "definition", "offset": [849, 859]}, {"key": "definitive-form", "type": "clause", "offset": [874, 889]}, {"key": "the-procedures", "type": "definition", "offset": [993, 1007]}, {"key": "notwithstanding-the-foregoing", "type": "clause", "offset": [1066, 1095]}, {"key": "cdi-depositary", "type": "definition", "offset": [1143, 1157]}, {"key": "agent-of-the-company", "type": "clause", "offset": [1165, 1185]}, {"key": "written-certification", "type": "definition", "offset": [1234, 1255]}, {"key": "the-depositary", "type": "definition", "offset": [1299, 1313]}, {"key": "operation-of", "type": "clause", "offset": [1381, 1393]}, {"key": "customary-practices", "type": "definition", "offset": [1394, 1413]}, {"key": "a-holder-of-a", "type": "clause", "offset": [1472, 1485]}, {"key": "beneficial-interest", "type": "clause", "offset": [1486, 1505]}], "samples": [{"hash": "duUrEREroKz", "uri": "/contracts/duUrEREroKz#book-entry-system", "label": "Deposit Agreement (Delhaize US Holding, Inc.)", "score": 22.0157432556, "published": true}, {"hash": "jSjRjCOo4r3", "uri": "/contracts/jSjRjCOo4r3#book-entry-system", "label": "Deposit Agreement (Delhaize Group)", "score": 21.0, "published": true}, {"hash": "4UbSLQO00On", "uri": "/contracts/4UbSLQO00On#book-entry-system", "label": "Deposit Agreement (Shop 'N Save-Mass, Inc.)", "score": 21.0, "published": true}], "size": 15, "snippet": "(a) Upon acceptance by DTC of a Certificated Depositary Interest for entry into its book-entry settlement system in accordance with the terms of the Letter of Representations, Book-Entry Interests will be issued by DTC and traded through DTC\u2019s book-entry system, and ownership of such Book-Entry Interests shall be shown in, and the transfer of such ownership shall be effected through, records maintained by DTC or its successors or DTC Participants. Book-Entry Interests shall be transferable only as units representing authorized denominations of the Securities and in the manner contemplated by the Indenture.\n(b) The Certificated Depositary Interest shall be issuable only to DTC, or successors of DTC or their respective nominees. Except as provided in Section 2.05 of the Deposit Agreement, no owner of Book-Entry Interests shall be entitled to receive a Security in definitive form on account of such ownership, and such owner\u2019s interest therein shall be shown only in accordance with the procedures of DTC as set forth in the Letter of Representations.\n(c) Notwithstanding the foregoing, nothing herein shall prevent the Company, the CDI Depositary or any agent of the Company or the CDI Depositary from giving effect to any written certification, proxy or other authorization furnished by the Depositary or impair, as between the Depositary and its DTC Participants, the operation of customary practices of the Depositary governing the exercise of the rights of a holder of a beneficial interest in any Certificated Depositary Interest.", "hash": "d5ccfedd849a24f1cd2a62b6fa20d05c", "id": 10}], "next_curs": "CloSVGoVc35sYXdpbnNpZGVyY29udHJhY3RzcjYLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2Ihpib29rLWVudHJ5LXN5c3RlbSMwMDAwMDAwYQyiAQJlbhgAIAA=", "clause": {"size": 748, "parents": [["securities", "Securities"], ["definitions", "Definitions"], ["covenants", "Covenants"], ["the-bonds", "The Bonds"], ["trust-securities-certificates", "Trust Securities Certificates"]], "title": "Book-Entry System", "children": [["", ""], ["notice-of-redemption", "Notice of Redemption"], ["depository-is-registered-holder", "Depository is Registered Holder"], ["transfers-etc-through-participants", "Transfers etc. Through Participants"], ["cancellation", "Cancellation"]], "id": "book-entry-system", "related": [["book-entry-systems", "Book-Entry Systems", "<strong>Book-Entry Systems</strong>"], ["use-of-book-entry-system", "Use of Book-Entry System", "Use of <strong>Book-Entry System</strong>"], ["securities-depositories-and-book-entry-systems", "Securities Depositories and Book-Entry Systems", "Securities Depositories and <strong>Book-Entry Systems</strong>"], ["book-entry-only-system", "Book-Entry Only System", "Book-Entry Only System"], ["book-entry-form", "Book Entry Form", "Book Entry Form"]], "related_snippets": [], "updated": "2026-11-15T06:50:00+00:00", "also_ask": [], "drafting_tip": "", "explanation": "The Book-Entry System clause defines how securities or financial instruments are recorded and transferred electronically rather than through physical certificates. Under this system, ownership and transactions are tracked via electronic records maintained by a central depository or authorized agent, streamlining processes such as settlement and transfer of ownership. This clause ensures efficiency, reduces the risk of loss or theft of physical certificates, and facilitates faster and more secure transactions."}, "json": true, "cursor": ""}}