Common use of Book-Entry Only System Clause in Contracts

Book-Entry Only System. If specified by the Company pursuant to Section 2.03(b) with respect to Securities represented by a Security in global form, a series of Securities may be issued initially in book-entry only form and, if issued in such form, shall be represented by one or more Securities in global form registered in the name of the U.S. Depositary or other depositary designated with respect thereto. So long as such system of registration is in effect, (a) Securities of such series so issued in book-entry only form will not be issuable in the form of or exchangeable for Securities in certificated or definitive registered form, (b) the records of the U.S. Depositary or such other depositary will be determinative for all purposes and (c) neither the Company, the Trustee nor any paying agent, Security Registrar or transfer agent for such Securities will have any responsibility or liability for (i) any aspect of the records relating to or payments made on account of owners of beneficial interests in the Securities of such series, (ii) maintaining, supervising or reviewing any records relating to such beneficial interests, (iii) receipt of notices, voting and requesting or directing the Trustee to take, or not to take, or consenting to, certain actions hereunder, or (iv) the records and procedures of the U.S. Depositary or such other depositary, as the case may be.

Appears in 14 contracts

Sources: Subordinated Indenture (Uscb Financial Holdings, Inc.), Senior Indenture (NewAmsterdam Pharma Co N.V.), Subordinated Indenture (NewAmsterdam Pharma Co N.V.)

Book-Entry Only System. If specified by the Company pursuant to Section 2.03(b) with respect to Securities represented by a Security in global form, a series of Securities may be issued initially in book-entry only form and, if issued in such form, shall be represented by one or more Securities in global form registered in the name of the U.S. or Common Depositary or other depositary designated with respect thereto. So long as such system of registration is in effect, (a) Securities of such series so issued in book-entry only form will not be issuable in the form of or exchangeable for Securities in certificated or definitive registered form, (b) the records of the U.S. or Common Depositary or such other depositary will be determinative for all purposes and (c) neither the Company, the Trustee nor any paying agent, Security Registrar or transfer agent for such Securities will have any responsibility or liability for (i) any aspect of the records relating to or payments made on account of owners of beneficial interests in the Securities of such series, (ii) maintaining, supervising or reviewing any records relating to such beneficial interests, (iii) receipt of notices, voting and requesting or directing the Trustee to take, or not to take, or consenting to, certain actions hereunder, or (iv) the records and procedures of the U.S. Depositary or Common Depositary, or such other depositary, as the case may be.

Appears in 8 contracts

Sources: Subordinated Indenture (BCB Bancorp Inc), Subordinated Indenture (Howard Bancorp Inc), Subordinated Indenture (BCB Bancorp Inc)

Book-Entry Only System. If specified by the Company pursuant to Section 2.03(b) with respect to Securities represented by a Security in global form, a series of Securities may be issued initially in book-entry only form and, if issued in such form, shall be represented by one or more Securities in global form registered in the name of the U.S. Depositary or other depositary designated with respect thereto. So long as such system of registration is in effect, (a) Securities of such series so issued in book-entry only form will not be issuable in the form of or exchangeable for Securities in certificated or definitive registered form, (b) the records of the U.S. Depositary or such other depositary will be determinative for all purposes and (c) neither the Company, the Trustee nor any paying agent, Security Registrar or transfer agent for such Securities will have any responsibility or liability for (i) any aspect of the records relating to or payments made on account of owners of beneficial interests in the Securities of such series, (ii) maintaining, supervising or reviewing any records relating to such beneficial interests, (iii) receipt of notices, voting and requesting or directing the Trustee to take, or not to take, or consenting to, certain actions hereunder, or (iv) the records and procedures of the U.S. Depositary Depositary, or such other depositary, as the case may be.

Appears in 4 contracts

Sources: Indenture (WSFS Financial Corp), Subordinated Indenture (Simmons First National Corp), Subordinated Indenture (Simmons First National Corp)

Book-Entry Only System. If specified by made a part of the Company pursuant to terms of the Securities of a Series in accordance with Section 2.03(b) 3.01 with respect to Securities represented by a Security in global formGlobal Security, Securities of a series of Securities Series may be issued initially in book-entry only form and, if issued in such form, shall be represented by one or more Global Securities in global form registered in the name of the U.S. Depositary or other depositary designated with respect thereto. So long as such book-entry only system of registration is in effect, (a) Securities of such series a Series so issued in book-entry only form will not be issuable in the form of or exchangeable for Securities in certificated or definitive registered form, (b) the records of the U.S. Depositary or such other depositary will be determinative for all purposes as to the beneficial owners of the Securities of that Series and (c) neither the Company, the Trustee nor any paying agentPaying Agent, Security or Registrar or transfer agent for such Securities will have any responsibility or liability for (i) any aspect of the records relating to or payments made on account of owners of beneficial interests in the Securities of such seriesthat Series, (ii) maintaining, supervising or reviewing any records relating to such beneficial interests, (iii) receipt of notices, voting and requesting or directing the Trustee to take, or not to take, or consenting to, certain actions hereunder, or (iv) the records record and procedures of the U.S. Depositary or such other depositary, as the case may be.. ARTICLE FOUR

Appears in 2 contracts

Sources: Indenture (Wal Mart Stores Inc), Indenture (Wal Mart Stores Inc)

Book-Entry Only System. If specified by the Company pursuant to Section 2.03(b) with respect to Securities represented by a Security in global formGlobal Security, a series of any Securities may be issued initially in book-entry only form and, if issued in such form, shall be represented by one or more Global Securities in global form registered in the name of the U.S. Depositary Depositary, or other depositary its nominee, designated with respect thereto. So long as such system of registration is in effect, (a) such Securities of such series so issued in book-entry only form will not be issuable in the form of or exchangeable for Definitive Securities except as provided in certificated or definitive registered formSection 2.07(d), (b) the records of the U.S. Depositary or such other depositary will be determinative for all purposes and (c) neither the Company, the Guarantor, the Trustee nor any paying agentPaying Agent, Security Registrar or transfer agent for such Securities will have any responsibility or liability for (i) any aspect of the records relating to or payments made on account of owners of beneficial interests in the Securities of such seriesSecurities, (ii) maintaining, supervising or reviewing any records relating to such beneficial interests, (iii) receipt of notices, voting and requesting or directing the Trustee to take, or not to take, or consenting to, certain actions hereunder, or (iv) the records and procedures of the U.S. Depositary or such other depositary, as the case may beDepositary.

Appears in 1 contract

Sources: Indenture (Bank of America Corp /De/)