Book Entry Position definition
Examples of Book Entry Position in a sentence
Upon the sale of Units to a purchaser, the Units will be evidenced by a Book Entry Position unless, if so provided for in the Prospectus, such purchaser expressly requests that the purchased Units be evidenced in Certificate form.
Any mutilated Certificate shall be duly surrendered and cancelled before any new Certificate or Book Entry Position shall be issued or recorded in exchange and substitution therefor.
Upon the issuance of any new Certificate or recording of any Book Entry Position on the books of the Trustee a sum sufficient to pay any tax or other governmental charge and the fees and expenses of the Trustee may be imposed.
Upon the sale of Units to a purchaser, the Units will be evidenced by a Book Entry Position unless such purchaser expressly requests that the purchased Units be evidenced in Certificate form.
Record Holder (e.g., if held in name of nominee): Book Entry Position or Restricted Stock Certificate No.(s): Number of Shares Sold: Date of Sale: In the event that you receive a stock certificate(s) or evidence of a book entry position representing more shares of Common Stock than have been sold by the undersigned, then you should return to the undersigned a newly issued certificate or book entry position for such excess shares in the name of the Record Holder and BEARING A RESTRICTIVE LEGEND.
A teacher having completed, on or before the next July 1st, four (4) or more years of continuous, current service in the Bowling Green City School District shall be granted, upon request, a review by the Board prior to the time action is taken upon the Superintendent's recommendation of non-reemployment.
Any such new Certificate issued or Book Entry Position recorded on the books of the Trustee pursuant to this Section shall constitute complete and indefeasible evidence of ownership of Units in the related Trust, as if originally issued, whether or not the lost, stolen or destroyed Certificate shall be found at any time.
The Trustee, within five business days of receiving such notice, shall issue to the Book Entry Unitholder a new Book Entry Position Confirmation indicating such Unitholder's preferred distribution plan.
The sole obligor with respect to Obligations described in a Book Entry Position will be the issuer of such Obligations (the "Issuer").
Each Book Entry Position will evidence that Obligations of a single issue are in the custody of the Custodian, and no Book Entry Position will relate to more than a single issue of Obligations.