DTC Participants definition
Examples of DTC Participants in a sentence
Payments of principal of and interest on the Bonds will be made by the Province in immediately available funds and, in the case of payments under this Global Bond, will be made directly to Cede & Co., as nominee of DTC, for payment to DTC participants in accordance with customary procedures established from time to time by DTC and the Fiscal Agent.
Ownership of beneficial interests in each Global Note will be limited to persons who have accounts with DTC (“DTC participants”) or persons who hold interests through DTC participants.
Until the termination of the distribution compliance period (as defined in Regulation S) with respect to the offering of the Securities, interests in the Regulation S Global Securities may only be held by the DTC participants for the Euroclear System (“Euroclear”) and Clearstream Banking, société anonyme (“Clearstream, Luxembourg”).
The 7.5% Noteholder Ad Hoc Group will move to dismiss all actions against the trustee for the Existing Exchangeable Notes and against AMC relating to the Specified Action and will release all claims relating to the 2024 Transactions and will take actions through their DTC participants to consent to entry into the Existing 7.5% Supplemental Indenture as soon as commercially practical after the date hereof.