Direct Participant or "DTC Participant": Any broker-dealer, bank or other financial institution for which the Depository holds Class A Certificates from time to time as a securities depository.
Direct Participant. Any broker-dealer, bank or other financial institution for which the Depository holds Class A Certificates from time to time as a securities depositary.
Direct Participant. Any broker-dealer, bank or other financial institution for which the Clearing Agency holds Notes from time to time as a securities depositary.
Examples of Direct Participant in a sentence
Direct participant benefits include that over half of the participants had high cholesterol and 1 in 4 had high blood pressure.
More Definitions of Direct Participant
Direct Participant means a participant in the book-entry system of recording ownership interests in the Multi-Modal Bonds.
Direct Participant means any broker-dealer, bank or other financial institution for whom the nominee of DTC holds an interest in any Note.
Direct Participant. Any broker-dealer, bank or other financial institution for which the Depository holds the Book-Entry Certificates from time to time as a securities depository.
Direct Participant means any broker-dealer, bank or other financial institution for whom the nominee of the Depository holds an interest in any Note.
Direct Participant means a Participant as defined in the Letter of Representations.
Direct Participant means any broker-dealer, bank or other financial institution for which the Depository holds Class A Certificates from time to time as a securities depositary.
Direct Participant means a bank or other institution that maintains an account in its name in a clearing corporation and through which an insurance company participates in a clearing corporation.