Book-Entry Securities definition

Book-Entry Securities. Securities maintained in the form of entries (including, without limitation, the Security Entitlements in such Securities) in the commercial book-entry system of the Fed and held for the Trustee, directly or indirectly, by any Trustee's Fed Member. Book-Entry Securities shall not include, in any event, any Certificated Security (or any Security Entitlement in any Certificated Security) held, directly or indirectly, through a Clearing Corporation.
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Book-Entry Securities. The Classes of Certificates, if any, specified as such in the Trust Agreement for a Series.
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Book-Entry Securities which means that there will be one or more global securities registered in the name of a depositary or a nominee of a depositary; or
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Examples of Book-Entry Securities in a sentence

  • In lieu thereof, such holder of record shall, upon receipt by the Paying Agent of an “agent’s message” in customary form (or such other evidence, if any, as the Paying Agent may reasonably request) to be requested by the Paying Agent as promptly as practicable after the Company Merger Effective Time (but in no event later than five Business Days thereafter), be entitled to receive in exchange therefor, the applicable Merger Consideration and such Book-Entry Securities shall be cancelled.

  • At or prior to the Company Merger Effective Time, Parent shall deposit, or cause to be deposited, with the Paying Agent, for the benefit of the holders of Book-Entry Securities and Certificates, cash in an amount sufficient to pay the Merger Consideration when taken together with the Company Cash deposited with the Paying Agent pursuant to this Section 2.2(a).

  • Payment of the applicable Merger Consideration with respect to Book-Entry Securities shall only be made to the Person in whose name such Book-Entry Securities are registered.

  • No interest shall be paid or accrued for the benefit of (A) holders of Certificates on the consideration otherwise payable upon the surrender of the Certificate pursuant to this Article II or (B) Book-Entry Securities on the consideration otherwise payable in respect of such shares pursuant to this Article II.


More Definitions of Book-Entry Securities

Book-Entry Securities. The term Book-Entry Securities shall mean securities issued by the United States Treasury and United States Federal agencies and instrumentalities that are maintained in the book-entry system maintained by a Federal Reserve Bank.
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Book-Entry Securities means securities issued by the Treasury of the United States of America and federal agencies of the United States of America which are maintained in the book-entry system as provided in Subpart O of Treasury Circular ▇▇. ▇▇▇, ▇▇ ▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇ ▇ of 31 CFR Part 350, and the book-entry regulations of federal agencies substantially in the form of Subpart O, and the term Book-Entry Account shall mean an account maintained by a Federal Reserve Bank in accordance with the aforesaid Circular and regulations.
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Book-Entry Securities which means that there will be one or more global securities registered in the name of The Depository Trust Company, as depository, or a nominee of the depository; or
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Book-Entry Securities means securities in book entry form, whether or not also evidenced by Global Securities.
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Book-Entry Securities means any Global Securities issued or registered in the name of a Clearing Agency maintaining book-entry records with respect to the ownership and transfer of such Securities, or its nominee, or a custodian of such Clearing Agency, or its nominee, and for which registration, transfer and exchange of such Securities or any interest therein may not be effected by the Trustee or any other Person maintaining the Security Register, except in accordance with the terms of this Indenture and the rules of the Clearing Agency.
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Book-Entry Securities means listed securities:-
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Book-Entry Securities means the DTC Securities, issued through the DTC System and subject to DTC's rules and procedures as amended from time to time, and any Securities issued through Euroclear or Clearstream.
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