DTC Representation Letter definition

DTC Representation Letter means the Blanket Letter of Representation from the Issuer and the Paying Agent to DTC which provides for a book-entry system, or any agreement between the Issuer and Paying Agent and a successor securities depository duly appointed.

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DTC Representation Letter means the agreement entered into by and between the Trust and DTC, detailing the rights, duties and obligations of the parties thereto relative to the Series 2015A-R1 Refunding Bonds.

DTC Representation Letter has the meaning assigned thereto in Section 2.10(c) hereof.

Examples of DTC Representation Letter in a sentence

• Notice of redemption shall also be given to DTC in accordance with the DTC Representation Letter.

• The Trustee and Paying Agent are hereby authorized by the Issuer to enter into the DTC Representation Letter.

• The Trustee, the Remarketing Agent and the Paying Agent shall take all action necessary for all representations of the Issuer in the DTC Representation Letter with respect to the Trustee, the Remarketing Agent and the Paying Agent to be complied with at all times, including but not limited to, the giving of all notices required under the DTC Representation Letter.

• The Remarketing Agent shall have a capitalization of at least $50,000,000 and be authorized by law to perform all the duties contemplated by this Indenture to be performed by the Remarketing Agent and agrees to take all actions required of it under the DTC Representation Letter while a book-entry system is in effect for the Bonds.

• The Remarketing Agent shall have a capitalization of at least $50,000,000 and be authorized by law to perform all the duties contemplated by this Indenture to be performed by the Remarketing Agent and agree to take all actions required of it under the DTC Representation Letter while a book-entry system is in effect for the Bonds.

• The Trustee, the Remarketing Agent and the Paying Agent shall take all action necessary for all representations of the Issuer in the DTC Representation Letter with respect to the Trustee, the Remarketing Agent and the Paying Agent to be compiled with at all times, including but not limited to, the giving of all notices required under the DTC Representation Letter.

• While the Bonds are held by DTC as Owner of the Bonds, notice of redemption shall be given to DTC in accordance with the DTC Representation Letter or in accordance with the requirements of DTC instead of being given by Mail.

• Any Authorized Officer is hereby authorized to execute and deliver a DTC Representation Letter to DTC.

• The Trustee acknowledges that the Securities Depository has represented to the Trustee in the DTC Representation Letter that the Securities Depository keeps and maintains records in its offices of the positions of Participants with respect to the Bonds.

More Definitions of DTC Representation Letter

DTC Representation Letter means the agreement among the Sponsor, the Trustee and the Securities Depository with respect to the deposit of Bonds therewith.

DTC Representation Letter. The Letter of Representations delivered to the Securities Depository in connection with the original issuance of the Bonds, and any amendments and supplements thereto.

DTC Representation Letter means a Letter of Representations among DTC, the Funding Corporation and the Trustee, or any successor agreement relating to any Additional Securities.

DTC Representation Letter means the agreement entered into between the Authority and the Trustee, and acknowledged by DTC, relating to the issuance of the Series 2015 Bonds and detailing the rights, duties and obligations of the parties thereto.