Book-Entry Bonds definition

Book-Entry Bonds. Beneficial interests in the Bonds, ownership and transfers of which shall be made through book entries by the Depository as described in Section 4.06
Book-Entry Bonds means the Bonds so long as the book entry system with DTC is used for determining beneficial ownership of the Bonds.
Book-Entry Bonds means the Bonds registered in the name of the nominee of DTC, or any successor securities depository for such Bonds, as the registered owner thereof pursuant to the terms and provisions of Section 2.11 hereof.

Examples of Book-Entry Bonds in a sentence

  • The Series 2024 Bonds shall initially be issued as Book-Entry Bonds.


More Definitions of Book-Entry Bonds

Book-Entry Bonds means the Bonds for which a Depository or its Nominee is the Bondholder.
Book-Entry Bonds. Bonds of a Series for which the related Terms Indenture provides that ownership and transfers of beneficial ownership interests in such Bonds shall be made through book entries by the Depository, as described in Section 2.12 hereof; provided, however, that after the occurrence of a condition whereupon book-entry registration is no longer permitted, Definitive Bonds shall be issued to the Bond Owners of such Bonds and such Bonds shall no longer be "Book-Entry Bonds."
Book-Entry Bonds means that part of a Series for which a Securities Depository or its nominee is the Bondholder.
Book-Entry Bonds means that part of the Bonds for which a Securities Depository or its nominee is the Bondholder.
Book-Entry Bonds means any Bonds which are then held in book-entry form as provided in Section 2.01(e) hereof.
Book-Entry Bonds means Bonds registered in the name of a nominee of the Depository as the registered owner thereof pursuant to the terms and provisions hereof.
Book-Entry Bonds means Bonds of any Series registered in the name of the Nominee of a Depository as the owner thereof pursuant to the terms and provisions of Section 2.04 this Agreement.