Trust Company definition
Examples of Trust Company in a sentence
The Company shall pay all Transfer Agent fees required for same-day processing of any Notice of Exercise and all fees to the Depository Trust Company (or another established clearing corporation performing similar functions) required for same-day electronic delivery of the Warrant Shares.
The Common Stock is currently eligible for electronic transfer through the Depository Trust Company or another established clearing corporation and the Company is current in payment of the fees to the Depository Trust Company (or such other established clearing corporation) in connection with such electronic transfer.
Upon issuance in accordance with, and payment pursuant to, the terms hereof and the warrant agreement to be entered into with Continental Stock Transfer & Trust Company (the “Warrant Agreement”) and the amended and restated memorandum and articles of association of the Company, the Private Placement Warrants and underlying Ordinary Shares will be duly and validly issued, fully paid and nonassessable.
The Company shall pay all Depositary fees required for same-day processing of any Notice of Exercise and all fees to the Depository Trust Company (or another established clearing corporation performing similar functions) required for same-day electronic delivery of the Warrant Shares.
Initially, U.S. Bank Trust Company, National Association, the Trustee under the Indenture, will act as Paying Agent and Registrar.