Securities Custodian definition

Securities Custodian means the custodian with respect to a Global Security (as appointed by the Depository), or any successor Person thereto and shall initially be the Trustee.
Securities Custodian means the custodian with respect to a Global Security (as appointed by the Depository) or any successor person thereto, who shall initially be the Trustee.
Securities Custodian means the Trustee, as custodian with respect to the Securities in global form, or any successor thereto.

Examples of Securities Custodian in a sentence

  • The Company shall execute and the Trustee shall, in accordance with this Section 2.3(c) and pursuant to an order of the Company, authenticate and deliver initially one or more Global Securities that (a) shall be registered in the name of the Depositary for such Global Security or Global Securities or the nominee of such Depositary and (b) shall be delivered by the Trustee to such Depositary or pursuant to such Depositary’s instructions or held by the Trustee as Securities Custodian.

  • Participants shall have no rights under the Indenture with respect to any Global Security held on their behalf by the Depositary or by the Trustee as Securities Custodian or under such Global Security, and the Depositary may be treated by the Company, the Trustee and any agent of the Company or the Trustee as the absolute owner of such Global Security for all purposes whatsoever.


More Definitions of Securities Custodian

Securities Custodian means the Trustee, as custodian with respect to the Global Note, or any successor thereto.
Securities Custodian means the Custodian when acting in the role of a securities custodian hereunder.
Securities Custodian means the custodian with respect to a Global Security (as appointed by the Depositary) or any successor Person, and shall initially be the initial Registrar.
Securities Custodian means the custodian with respect to a Global Note (as appointed by the Depositary), or any successor Person thereto and shall initially be the Trustee.
Securities Custodian has the meaning specified in the Appendix.
Securities Custodian means the custodian with respect to the Rule 144A Global Preferred Security and any other Preferred Security in global form.