Depository Note definition

Depository Note means, with respect to any series of Senior Notes, a Senior Note executed by the Company and authenticated and delivered by the Trustee to the Depository or pursuant to the Depository's instruction, all in accordance with this Indenture and pursuant to a Company Order, which (i) shall be registered as to principal and interest in the name of the Depository or its nominee and (ii) together with all other Depository Notes of such series, if any, shall represent, and shall be denominated in an amount equal to the aggregate principal amount of, all of the Outstanding Senior Notes of such series.
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Depository Note means, with respect to any series of Notes, a Note executed by the Company and authenticated and delivered by the Trustee to the Depository or pursuant to the Depository's instruction, all in accordance with this Indenture and pursuant to a Company Order, which (i) shall be registered as to principal and interest in the name of the Depository or its nominee and (ii) shall represent, and shall be denominated in an amount equal to the aggregate principal amount of, all of the Outstanding Notes of such series.
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Depository Note means, with respect to Notes of any series for which the Company shall determine that such Notes will be issued as a Depositary Note, a Note executed by the Company and authenticated and delivered by the Trustee to the Depository or pursuant to the Depository’s instruction, all in accordance with this Indenture and pursuant to a Company Order, which (i) shall be registered as to principal and interest in the name of the Depository or its nominee and (ii) shall represent, and shall be denominated in an amount equal to the aggregate principal amount of, all of the Outstanding Notes of such series.
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Examples of Depository Note in a sentence

  • The rights of a beneficial owner of a DTC Note with respect to DTC and a Common Depository Note with respect to the Common Depositories may be exercised only through the applicable DTC Participant.

  • A Person having an interest in a DTC Note or Common Depository Note issued in global form shall provide the Issuer or the Global Agent with a written order containing instructions and such other information as the Issuer or the Global Agent may require to complete, execute and deliver such Definitive Notes in authorized denominations.

  • Upon issuance of any Common Depository Note to be held on deposit by the Global Agent, the Registrar or its duly appointed agent shall record the name of Cede & Co. as the nominee of the Common Depositary as the registered Holder of such Common Depository Note.

  • A person having an interest in a DTC Note or Common Depository Note issued in global form shall provide ▇▇▇▇▇▇ ▇▇▇ or the Global Agent with a written order containing instructions and such other information as ▇▇▇▇▇▇ Mae or the Global Agent may require to complete, execute and deliver such definitive Notes in authorized denominations.

  • The Company upon any such presentation shall execute a Depository Note in such aggregate principal amount and deliver the same to the Trustee for authentication and delivery in accordance with the Indenture and this Supplemental Indenture.

  • If the Notes are only partially redeemed by the Company pursuant to an Optional Redemption, the Notes will be redeemed pro rata or by lot or by any other method utilized by the Trustee; provided that if, at the time of redemption, the Notes are registered as a Depository Note, the Depository shall determine by lot the principal amount of such Notes held by each Holder to be redeemed.

  • If pursuant to the provisions of Section 2.11(c) of the Indenture the Notes are no longer represented by a Depository Note, the Company may select a Regular Record Date for such interest installment which shall be any date at least fifteen days before an Interest Payment Date.

  • If the Notes are only partially redeemed pursuant to this Section 3.2, the Notes will be redeemed pro rata or by lot or by any other method utilized by the Trustee; provided, that if at the time of redemption, the Notes are registered as a Depository Note, the Depository shall determine by lot the principal amount of such Notes held by each Holder to be redeemed.

  • If the Notes are to be issued as a Depository Note in connection with the distribution of the Notes to the holders of the Preferred Securities issued by the Trust upon a Dissolution Event, the Company will use its best efforts to list such Notes on the New York Stock Exchange or on such other exchange as the Preferred Securities are then listed.

  • This Depository Note is exchangeable for Notes in definitive form only under certain limited circumstances set forth in the Indenture.


More Definitions of Depository Note

Depository Note have the meanings given by the D▇▇▇.
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