Direct Participants definition

Direct Participants means each person shown in the records of the Clearing Systems as a holder of the Securities;

Direct Participants means securities brokers and dealers, banks, trust companies and clearing corporations, and may include certain other organizations which access the DTC system directly.

Direct Participants means the participants that deposit securities with DTC;

Examples of Direct Participants in a sentence

• Only Direct Participants may deliver notices in respect of Notes held through Euroclear, Clearstream, Luxembourg and the X/N Clearing System.

• Conveyance of notices and other communications by DTC to Direct Participants, by Direct Participants to Indirect Participants, and by Direct Participants and Indirect Participants to Beneficial Owners will be governed by arrangements among them, subject to any statutory or regulatory requirements as may be in effect from time to time.

• The Omnibus Proxy assigns Cede & Co.’s consenting or voting rights to those Direct Participants to whose accounts the Notes are credited on the record date (identified in a listing attached to the Omnibus Proxy).

• Purchases of the Notes under the DTC system must be made by or through Direct Participants, which will receive a credit for the Notes on DTC’s records.

• Direct Participants include both U.S. and non-U.S. securities brokers and dealers, banks, trust companies, clearing corporations and certain other organizations.

More Definitions of Direct Participants

Direct Participants shall have the meaning assigned to such term in Section 3.5(c).

Direct Participants means those broker-dealers, banks and other financial institutions from time to time for which DTC holds the Bonds as securities depository.

Direct Participants means those broker-dealers, banks and other financial institutions for which DTC holds the 2009 Bonds as securities depository.

Direct Participants means Noteholders who, as accountholders, hold their interests in Global Notes directly through Euroclear or Clearstream.

Direct Participants means institutions that have accounts with DTC, Euroclear and/or Clearstream.

Direct Participants means those broker‑dealers, banks and other financial institutions from time to time for which DTC holds the Bonds as securities depository.

Direct Participants means each person who is shown in the records of a