Issuer Letter of Representations (ILOR)

Definition:

A form agreement containing certain representations that must be made to the Depository Trust Company, The (DTC) by the issuer before various types of issues (e.g., Book-Entry only issues, Rule 144A issues, Regulation S issues) can be made eligible for deposit at DTC and for DTC Book-Entry services.

See DTC Letter of Representations (LOR).

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