Examples of Cede & Co. in a sentence
The Receipt for Units is in proper form for execution by BNYM, as Trustee, and has been duly executed by BNY, as Trustee, and pursuant to the Depositor’s instructions, the Trustee has registered on the registration books of the Trust the ownership of the Units by Cede & Co., as nominee of the Depository Trust Company where it has caused the Units to be credited to the account of the Depositor.
The entire initially issued principal amount of the Notes shall initially be evidenced by one or more Global Securities (collectively, the “ Global Notes”) registered in the name of Cede & Co., as nominee for DTC, or another nominee of DTC.
The Notes will be issued in book-entry form in the name of Cede & Co., as nominee of The Depository Trust Company (the “Depositary”), pursuant to a Letter of Representations, to be dated on or before the Closing Date (as defined in Section 2(b) below) (the “DTC Agreement”), among the Company, the Trustee and the Depositary.
The genesis of DTCC eligibility is to facilitate a security being held in DTCC’s nominee name Cede & Co., and for the purpose of facilitating the trading and the safekeeping of securities, the payment of principal and interest through DTCC, and corporate actions.
The Securities shall be in such denominations and registered in the name of Cede & Co., as nominee of the Depositary, and certificates for the Securities shall be made electronically available for inspection on the business day preceding the Closing Date.