ATOP definition
Examples of ATOP in a sentence
In order to withdraw securities previously tendered, a DTC participant may, prior to the withdrawal time, withdraw its instruction previously transmitted through ATOP by (1) withdrawing its acceptance through ATOP, or (2) delivering to the exchange agent by mail, hand delivery or facsimile transmission, notice of withdrawal of such instruction.
A withdrawal of an instruction must be executed by a DTC participant as such DTC participant's name appears on its transmission through ATOP to which such withdrawal relates.
You must also instruct that broker, dealer, commercial bank, trust company or other nominee holding on your behalf to tender your securities by effecting a book-entry transfer of the securities into the account of the exchange agent through the Automated Tender Offer Program, or ATOP, of The Depository Trust Company, or DTC.
The exchange agent and DTC have confirmed that the exchange offer is eligible for ATOP.
As soon as practicable, Exchange Agent shall establish an account with DTC in its name to facilitate book-entry tenders of Old Notes through DTC's Automated Tender Offer Program ("ATOP") for the Exchange Offer.