Depository System definition

Depository System means the system established by CDP for the holding of securities and for the settlement of securities transactions;

Depository System means a system established by the State Library in which copies of all state publications are deposited in one central depository or library for distribution to other designated depositories or libraries;

Depository System shall have the meaning assigned to such term in Section 5.01.

Examples of Depository System in a sentence

• The Retail Depository shall maintain a book-entry recordkeeping system for all transactions in Retail Classes maintained on the Retail Depository System.

• The Retail Depository will act only upon the instructions of a Retail Depository Participant in recording transfers of a Retail Class maintained on the Retail Depository System.

• A Class maintained on the DTC System or Retail Depository System will be represented by one or more Certificates held by or on behalf of DTC or the Retail Depository, as applicable, and beneficial owners of such Classes will not receive Certificates.

• The transfer, exchange or pledge of Retail Classes maintained on the Retail Depository System shall be governed by the Retail Depository’s rules and procedures, as amended from time to time.

• Retail Depository System: The book-entry system of the Retail Depository.

More Definitions of Depository System

Depository System means a system established by the State library in which copies to other designated depositories of libraries;

Depository System. The book-entry system maintained by the Depository. Fed Participant: Any entity eligible to maintain book-entry accounts on the Fed System.

Depository System means, (i) with respect to PLDT Shares, the Philippine Depository and Trust Corporation System, or any replacement or alternative central depository and/or clearing system with respect to PLDT Shares, and (ii) with respect to any other Relevant Securities, the relevant central depository and/or clearing system;

Depository System means a system established by the State Library in which copies

Depository System means the record entry and securities transfer system, which is administered by the Depository in accordance with the operating rules and procedures of its depository service for book-entry only securities in force from time to time, or any successor system.

Depository System means the book-entry only system that is administered by the Depository. “Directors” means either the Board or any member thereof or any duly authorized committee of the Board or any member thereof. “Encumbrance” includes a mortgage, charge, hypothec, security interest, pledge, assignment, lien or privilege, floating charge or other encumbrance, including any sale and repurchase or sale and leaseback arrangement or any other arrangement of similar effect. “Event of Default” has the meaning specified in Section 8.1. “Extraordinary Resolution” means any Noteholders' Resolution which is proposed to be passed as an Extraordinary Resolution and is (a) signed by or for the Holders of not less than sixty-six and two-thirds percent (66 2/3%) of the aggregate principal amount of the Outstanding Notes (or Outstanding Notes of a particular Series, as applicable); or (b) adopted by the favorable votes of the Holders of not less than sixty-six and two-thirds percent (66 2/3%) of the aggregate principal amount of the Outstanding Notes (or Outstanding Notes of a particular Series, as applicable) represented in person or by proxy and voted thereon at a meeting of the Holders of Notes duly called and held pursuant to the provisions of Article 11. “Funded Obligations” means all Company Indebtedness that is not payable on demand and that matures by its terms, or which the Company or any of its Subsidiaries, as the case may be, has the right at its option to renew or extend to a date which is more than 12 months after the date of its original creation, assumption or guarantee; 5799176 v10

Depository System means a system of one or more private depositories to be established under the laws of the Borrower for the deposit, save-keeping and transfer of securities;