Beneficiaries of Trust. By the purchase and acceptance or other lawful delivery and acceptance of any Certificate the Certificateholder shall be deemed to be a beneficiary of the trust created by this Indenture and vested with all right, title and interest in the Trust Fund to the extent of the Unit or Units set forth and evidenced by such Certificate, subject to the terms and conditions of this Indenture and of such Certificate.
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Samples: Trust Indenture and Agreement (Empire State Municipal Exempt Trust Guaranteed Series 182), Special Situations (Glickenhaus Special Situations Trust Series 1), Trust Indenture and Agreement (Empire State Municipal Exempt Trust Guaranteed Series 134)
Beneficiaries of Trust. By the purchase and acceptance or other lawful delivery and acceptance of any Certificate the Certificateholder shall be deemed to be a beneficiary of the trust Trust created by this Indenture and vested with all right, title and interest in the Trust Fund to the extent of the Unit or Units set forth and evidenced by such Certificate, subject to the terms and conditions of this Indenture and of such Certificate.
Appears in 1 contract
Samples: Indenture and Agreement (Equity Securities Trust Series 6)
Beneficiaries of Trust. By the purchase and acceptance or other lawful delivery and acceptance of any Certificate Certificate, the Certificateholder shall be deemed to be a beneficiary of the trust Trust created by this Indenture and vested with all right, title and interest in the Trust Fund to the extent of the Unit or Units set forth and evidenced by such Certificate, subject to the terms and conditions of this Indenture and of such Certificate.
Appears in 1 contract
Samples: Trust Indenture and Agreement (Voyageur Unit Investment Trust Series 1)
