Depository Interest definition
Examples of Depository Interest in a sentence
Such notices of tender shall state the CUSIP number, subseries designation (if any), Bond number (if the Bonds are not registered in the name of the Securities Depository), Interest Period and principal amount of such Bond and that such Bond shall be purchased on the Purchase Date specified above.
The CDI Depositary shall inform DTC that for the Securities to be admitted in an exempt account in the X/N System (and for their holders to benefit from the related exemption to Belgian withholding tax) DTC should ensure that it does not hold any Certificated Depository Interest on behalf of any investor, such as a Belgian person, who does not qualify as an “Eligible Investor” for the purposes of article 4 of the Royal Decree of 26 May 1994.
The CDI Depositary shall inform DTC that for the Securities of any Series to be admitted in an exempt account in the X/N System (and for their holders to benefit from the related exemption to Belgian withholding tax) DTC should ensure that it does not hold any Certificated Depository Interest of such Series on behalf of any investor, such as a Belgian person, who does not qualify as an “Eligible Investor” for the purposes of article 4 of the Royal Decree of 26 May 1994.
Upon receipt of the Restricted Global Security and the Regulation S Global Security authenticated and delivered by the Trustee, the Book-Entry Depositary shall issue to the Depositary a Depositary Interest in each such Global Security by recording the Depository Interest in the register of the Book-Entry Depositary in the name of Cede & Co., as nominee of the Depositary.
The CDI Depositary shall inform DTC that for the Securities be admitted in an exempt account in the X/N System (and for their holders to benefit from the related exemption to Belgian withholding tax) DTC should ensure that it does not hold any Certificated Depository Interest on behalf of any investor, such as a Belgian person, who does not qualify as an “Eligible Investor” for the purposes of article 4 of the Royal Decree of 26 May 1994.
The Book-Entry Depository shall inform DTC that for the Dollar Notes be admitted in an exempt account in the X/N System (and for their holders to benefit from the related exemption to Belgian withholding tax) DTC should ensure that it does not hold any Certificated Depository Interest on behalf of any investor, such as a Belgian Persons, who does not qualify as an “Eligible Investor” for the purposes of article 4 of the Royal Decree of 26 May 1994.