Amendments to Standard Terms Sample Clauses
Amendments to Standard Terms. Solely with respect to the Trust and the Series and for no other purpose, the Standard Terms are hereby amended as follows:
(a) Clause (iii) of Subsection (c) of Section 2.01 of the Standard Terms shall be deleted and replaced with the following: "at the time of delivery of the Underlying Securities, Depositor owns such Underlying Securities, has the right to transfer its interest in such Underlying Securities and such Underlying Securities are free and clear of any lien, pledge, encumbrance, right, charge, claim or other security interest (other than the lien created by this Trust Agreement); and"
(b) Subsection (e) of Section 2.01 of the Standard Terms shall be deleted and replaced with the following: "Any Trust created hereunder shall not engage in any business or activities other than in connection with, or relating to, the holding, protecting and preserving of the Deposited Assets and the issuance of the Certificates and, if applicable, Call Rights, and other than those required or authorized by this Trust Agreement or incidental to and necessary to accomplish such activities. Any Trust created hereunder shall not issue or sell any certificates or other obligations other than the Certificates or, if applicable, Call Rights or otherwise incur, assume or guarantee any indebtedness for money borrowed."
(c) Clause (v) of Subsection (b) of Section 4.08 of the Standard Terms shall be deleted and replaced with the following: "that Holders of Certificates receiving notice of Call Rights being exercised with respect to the Certificates held by them shall not be entitled to any interest on the Certificates for any period on and after the Call Date, and the only remaining right of Holders of such Certificates is to receive payment of the Call Price upon surrender of the Certificates to the Warrant Agent; and"
(d) The first sentence of subsection (d) of Section 4.08 of the Standard Terms shall be deleted and replaced with the following: "Once such notice is mailed to a Holder, such Holder shall not be entitled to any right as a Holder other than the right to receive payment of the Call Price on the Call Date and the Certificates subject to the Call Right shall be deemed to have been automatically surrendered to the Trust for further transfer to the holder exercising its Call Right."
(e) Subsection (e) of Section 4.08 of the Standard Terms shall be deleted and replaced with the following: "Subject to Section 2.02(a)(i) of the Warrant Agreement, at or prior to 12:0...
Amendments to Standard Terms. 15 SERIES SUPPLEMENT, dated as of December 17, 2003 (this "Supplement"), by and between MERRILL LYNCH DEPOSITOR, INC., a Delaware corporation, as Depositor, an▇ ▇▇▇ ▇A▇▇ ▇▇ NEW YORK, a New York corporation, as Trustee and Securities Intermediary.
Amendments to Standard Terms. The Standard Terms are amended as follows:
1.3.1. clause 2.5(4)(a) is amended by deleting the words “the Seller was one natural person resident in Queensland and”;
1.3.2. clauses 3, 4, 5.3(c), 5.3(d), 5.3(e), 5.3(f), 5.3(g), 5.4 to 5.6 (inclusive), 7.4(2),
Amendments to Standard Terms. Solely with respect to the Trust and the Series and for no other purpose, the Standard Terms are hereby amended as follows: Clause (iii) of Subsection (c) of Section 2.01 of the Standard Terms shall be deleted and replaced with the following: "at the time of delivery of the Underlying Securities, Depositor owns such Underlying Securities, has the right to transfer its interest in such Underlying Securities and such Underlying Securities are free and clear of any lien, pledge, encumbrance, right, charge, claim or other security interest (other than the lien created by this Trust Agreement); and"