Definitive Certificates definition
Examples of Definitive Certificates in a sentence
The Trust shall not issue any Certificate that would cause the aggregate nominal principal amount of all Certificates (including any Certificates that are issued on or after the Closing Date as Definitive Certificates) to exceed $100,000, or 100,000 units.
In the event that a Book-Entry Certificate is exchanged for one or more Definitive Certificates pursuant to Section 3.5, such Certificates may be exchanged for one another only in accordance with the provisions of this Trust Agreement and with such procedures as may be from time to time adopted by the Trust, the Owner Trustee and the Certificate Registrar.
Definitive Certificates will not be eligible for clearing or settlement through DTC, Euroclear or Clearstream.
The Book-Entry Certificates shall be issued in an aggregate nominal principal amount of the exchanged Definitive Certificates, and all beneficial interests in the Book-Entry Certificates shall be owned, in the minimum principal amount of $5,000 and integral multiples of $1 in excess thereof.
Upon the issuance of any such Definitive Certificates, the Owner Trustee, the Certificate Registrar, the Certificate Paying Agent and the Indenture Trustee shall recognize such Holders of the Definitive Certificates, as reflected on the Certificate Register, as the applicable Certificateholders.