DTC System definition
Examples of DTC System in a sentence
The Agency may determine that continuation of the DTC System is not in the best interests of the Bondholders.
While in the DTC System, no person other than Cede & Co., or any successor to it, as nominee for DTC, shall receive a Bond certificate with respect to any Bond.
The Agency and the Trustee are authorized to execute and deliver such letters to or agreements with DTC as shall be necessary to effectuate the DTC System, including a letter of representations in the form required by DTC (the “Letter of Representations”).