Book-Entry Capital Security definition

Book-Entry Capital Security means a Capital Security, the ownership and transfers of which shall be made through book entries by a Clearing Agency as described in Section 5.11.
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Book-Entry Capital Security means a Capital Security, the ownership and transfers of which shall be made through book entries by a Depositary.
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Book-Entry Capital Security means a Capital Security the ownership and transfers of which shall be reflected and made, as applicable, through book entries by the Depositary.
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Examples of Book-Entry Capital Security in a sentence

  • Upon surrender to the Administrative Trustees of the typewritten Capital Security Certificate or Certificates representing the Book-Entry Capital Security Certificates by the Clearing Agency, accompanied by registration instructions, the Administrative Trustees, or any one of them, shall execute the Definitive Capital Security Certificates in accordance with the instructions of the Clearing Agency or, if executed on behalf of the Trust by facsimile, countersigned by a transfer agent or its agent.

  • Notwithstanding any other provision of this Trust Agreement, transfers and exchanges of Capital Securities Certificates and beneficial interests in a Book-Entry Capital Security of the kinds specified in this Section 5.5(b) shall be made only in accordance with this Section 5.5(b).

  • The particular Capital Securities to be redeemed shall be selected on a pro rata basis based on their respective Liquidation Amounts not more than 60 days prior to the Redemption Date by the Property Trustee from the Outstanding Capital Securities not previously called for redemption, or if the Capital Securities are then held in the form of a Book-Entry Capital Security in accordance with the Applicable Procedures.

  • Notwithstanding any other provision ------------------------------- of this Trust Agreement, transfers and exchanges of Capital Securities Certificates and beneficial interests in a Book-Entry Capital Security of the kinds specified in this Section 5.5(b) shall be made only in accordance with this Section 5.5(b).

  • Notwithstanding any other provision ------------------------------- of this Trust Agreement, transfers and exchanges of Original Capital Securities Certificates and beneficial interests in a Book-Entry Capital Security of the kinds specified in this Section 5.5(b) shall be made only in accordance with this Section 5.5(b).

  • OR IN SUCH OTHER NAME AS IS ____________ * Insert in Book-Entry Capital Security Certificate only.

  • A ------------------------------------------------------------- beneficial interest in a Book-Entry Capital Security represented by a Book- Entry Capital Securities Certificate may be exchanged for a Capital Securities Certificate that is not a Book-Entry Capital Securities Certificate as provided in Section 5.4.


More Definitions of Book-Entry Capital Security

Book-Entry Capital Security means a beneficial interest in the Global Capital Security registered in the name of a Depositary or its nominee, ownership and transfers of which shall be maintained and made through book entries by a Depositary as described in Section 9.4.
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Book-Entry Capital Security means a Capital Security, the ownership and transfers of which shall be made through book entries by a Depositary as described in Section 5.4.
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Book-Entry Capital Security means a Capital Security, the ownership and transfers of which shall be made through book entries by a Depositary. “Business Day” means any day other than Saturday, Sunday or any other day on which banking institutions in Boston, Massachusetts or New York City or
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Related to Book-Entry Capital Security

  • Non Book-Entry Capital Securities shall have the meaning set forth in Section 2.05.

  • Book-Entry Preferred Security means a Preferred Security, the ownership and transfers of which shall be made through book entries by a Depositary.

  • Global Capital Security means a Capital Securities Certificate evidencing ownership of Book-Entry Capital Securities.

  • Capital Security means a preferred undivided beneficial interest in the assets of the Issuer Trust, having a Liquidation Amount of $25 and having the rights provided therefor in this Trust Agreement, including the right to receive Distributions and a Liquidation Distribution as provided herein.

  • Capital Security Beneficial Owner means, with respect to a Book Entry Interest, a Person who is the beneficial owner of such Book Entry Interest, as reflected on the books of the Clearing Agency, or on the books of a Person maintaining an account with such Clearing Agency (directly as a Clearing Agency Participant or as an indirect participant, in each case in accordance with the rules of such Clearing Agency).