Beneficiaries of Trust. By the purchase and acceptance or other lawful delivery and acceptance of a Unit of the Trust the Unit Holder shall be deemed to be a beneficiary of such Trust and vested with all rights, title and interest in the Trust to the extent of the Unit or Units owned, subject to the terms and conditions of this Indenture.
Appears in 7 contracts
Samples: Indenture and Agreement (National Equity Tr Short Term Low 5 Cover Write Opt Tr Ser 1), Trust Indenture and Agreement (National Equity Trust Low Five Portfolio Series 31), Distribution Agency Agreement (National Equity Trust Otc Growth Trust Series 5)
Beneficiaries of Trust. By the purchase and acceptance or other lawful delivery and acceptance of a Unit of the Trust the Unit Holder shall be deemed to be a beneficiary of such Trust and vested with all rights, title and interest in the Trust attributable to the extent of the Unit or Units ownedsuch Unit, subject to the terms and conditions of this IndentureIndenture and of the Certificate, if any, evidencing such Unit.
Appears in 3 contracts
Samples: Trust Indenture and Agreement (Government Securities Equity Trust Series 10), Trust Indenture and Agreement (Government Securities Equity Trust Series 11), Trust Indenture and Agreement (Government Securities Equity Trust Series 12)
Beneficiaries of Trust. By the purchase and acceptance or other lawful delivery and acceptance of a Unit of any Unit, whether certificated or not, the Trust the Unit Holder Unitholder shall be deemed to be a beneficiary of such the Trust created by this Trust Agreement and vested with all rightsright, title and interest in the Trust Fund to the extent of the Unit or Units ownedset forth, subject to the terms and conditions of this IndentureAgreement.
Appears in 1 contract
Samples: Trust Agreement (Gen Net Lease Income Fund Corporate & Govement Series)
Beneficiaries of Trust. By the purchase and acceptance or other lawful delivery and acceptance of a Unit of any Unit, whether certificated or not, the Trust the Unit Holder Unitholder shall be deemed to be a beneficiary of such Trust created by this Indenture and vested with all rightsright, title and interest in the such Trust to the extent of the Unit or Units ownedset forth, subject to the terms and conditions of this Indenture.
Appears in 1 contract
Samples: Trust Agreement (Gen Net Realty Unit Investment Trust Corporate Govt Series)
