Examples of Certificate Custodian in a sentence
Absent such cancellation and notwithstanding any other provision of these Conditions, all Certificates held by or on behalf of the Issuer, shall be deposited with the Certificate Custodian and shall carry the same rights as Custodian Certificates.
The Certificates of such Series so repurchased will be held by the Certificate Custodian on behalf of the Issuer.
Such Certificates transferred by the Certificate Custodian through the clearing system will, upon transfer, cease to be treated as ‘Custodian Certificates’ and the clearing system shall note in its book entries that such transferred Certificates then have all the rights that other Certificates have.
The Senior Certificates (other than the Class 1-A-R Certificate) and the Class B-1, Class B-2 and Class B-3 Certificates shall initially be issued in book-entry form through the Depository and delivered to the Depository or, pursuant to the Depository's instructions on behalf of the Depository to, and deposited with, the Certificate Custodian, and all other Classes of Certificates shall initially be issued in definitive, fully-registered form.
While held through a clearing system, the Custodian Certificates will be included in the total number of Certificates issued through such clearing system, will be classed as Certificates by the applicable clearing system, but the Certificate Custodian will renounce all rights that Certificates have and will notify the clearing system accordingly.