This excerpt taken from the BSY 20-F filed Aug 1, 2008.
Depositary means the depositary of each Global Security, which initially will be, for the Global Securities, DTC or a nominee of DTC or such other depositary as may be designated with respect to the Securities issuable or issued in whole or in part in the form of one or more Global Securities, and, if at any time there is more than one depositary, Depositary as used with respect to the Securities shall mean the Depositary with respect to the relevant Global Securities or Securities.
DTC means The Depository Trust Company.
Director means any member of the relevant Board of Directors.
Event of Default has the meaning specified in Section 5.01.