Common use of COMPENSATION OF DEPOSITOR FOR SUPERVISORY SERVICES Clause in Contracts

COMPENSATION OF DEPOSITOR FOR SUPERVISORY SERVICES. As compensation for providing supervisory portfolio services under this Agreement, the Depositor shall receive against a statement or statements therefor submitted to the Trustee monthly or annually an aggregate annual fee in the amount specified as compensation for the Depositor in the Prospectus for each respective Trust Fund under the caption "Sponsor's Annual Fee per Unit" in the "Summary of Essential Financial Information", but in no event shall such compensation when combined with all compensation received from other series of the Fund or other unit investment trusts sponsored by the Depositor or its affiliates for providing such supervisory services in any calendar year exceed the aggregate cost to the Depositor for providing such services. The rate of such compensation may be increased by the Depositor from time to time, without the consent or approval of any Unitholder or the Trustee, by amounts not exceeding the proportionate increase, during the period from the date of such Trust Agreement to the date of any such increase, in consumer prices as last published prior to each such date under the classification "All Services Less Rent of Shelter" in the Consumer Price Index For All Urban Consumers (CPI-U) U.S. City Average, not seasonally adjusted, base 1982 - 84 = 100, published by the United States Department of Labor. In the event that such classification ceases to incorporate a significant number of items, or if a substantial change is made in the method of establishing such classification, then the classification shall be adjusted in a fair and reasonable manner to the figure that would have resulted had no substantial change occurred in the manner of computing such classification. In the event that such classification (or a successor or substitute index) is not available, such governmental or other service or publication as shall evaluate the information in substantially the same manner as the aforesaid classification shall be used in lieu thereof. Such compensation shall be charged by the Trustee, upon receipt of invoice therefor from the Depositor, against the Interest and Principal Accounts on or before the Distribution Date on which such period terminates. If the cash balance in the Interest and Principal Accounts shall be insufficient to provide for amounts payable pursuant to this Section 3.13, the Trustee shall have the power to sell (i) Bonds from the current list of Bonds designated to be sold pursuant to Section 5.02 hereof, or (ii) if no such Bonds have been so designated, such Bonds as the Trustee may see fit to sell in its own discretion, and to apply the proceeds of any such sale in payment of the amounts payable pursuant to this Section 3.13. Any moneys payable to the Depositor pursuant to this Section 3.13 shall be secured by a prior lien on the Trust Fund except that such lien shall be junior and subordinate to any lien in favor of the Trustee under the provisions of Section 8.08 and of the Evaluator under the provisions of Section 4.03.

COMPENSATION OF DEPOSITOR FOR SUPERVISORY SERVICES. As compensation for providing supervisory portfolio services under this Agreement, the Depositor shall receive at the time specified in Section 3.04, against a statement or statements therefor submitted to the Trustee monthly or annually Trustee, an aggregate annual fee if so provided and in the amount specified as compensation for the Depositor in the Prospectus for each respective Trust Fund under Prospectus, calculated on the caption "Sponsor's Annual Fee per Unit" basis of the largest number of Units outstanding during the period in the "Summary respect of Essential Financial Information"which such compensation is paid, but in no event shall such compensation when combined with all compensation received from other series of the Fund or other unit investment trusts sponsored by the Depositor or its affiliates for providing such supervisory services in any calendar year exceed the aggregate cost to the Depositor for providing such services. The rate of such compensation may be increased by the Depositor from time to time, without the consent or approval of any Unitholder or the Trustee, by amounts not exceeding the proportionate increase, during the period from the date of such the Trust Agreement to the date of any such increase, in consumer prices as last published prior to each such date under the classification "All Services Less Rent of Shelter" in the Consumer Price Index For All Urban Consumers (CPI-U) U.S. City Average, not seasonally adjusted, base 1982 - 84 = 100, published by the United States Department of Labor. In the event that such classification ceases to incorporate a significant number of items, or if a substantial change is made in the method of establishing such classification, then the classification shall be adjusted in a fair and reasonable manner to the figure that would have resulted had no substantial change occurred in the manner of computing such classification. In the event that such classification (or a successor or substitute index) is not available, such governmental or other service or publication as shall evaluate the information in substantially the same manner as the aforesaid classification classification, shall be used in lieu thereof. Such compensation shall be charged by the Trustee, upon receipt of invoice therefor from the Depositor, against the Interest Income and Principal Capital Accounts on or before the Distribution Date on which such period terminates. If the cash balance in the Interest Income and Principal Capital Accounts shall be insufficient to provide for amounts payable pursuant to this Section 3.133.11, the Trustee shall have the power to sell (i) Bonds Securities from the current list of Bonds Securities designated to be sold pursuant to Section 5.02 hereof, or (ii) if no such Bonds Securities have been so designated, such Bonds Securities as the Trustee may see fit to sell in its own discretion, and to apply the proceeds of any such sale in payment of the amounts payable pursuant to this Section 3.133.11. Any moneys payable to the Depositor pursuant to this Section 3.13 3.11 shall be secured by a prior lien on the Trust Fund except that such lien shall be junior and subordinate to any lien in favor of the Trustee under the provisions of Section 8.08 and of the Evaluator under the provisions of Section 4.03.

COMPENSATION OF DEPOSITOR FOR SUPERVISORY SERVICES. As compensation for providing supervisory portfolio services under this Agreement, the Depositor shall receive at the time specified in Section 3.04, against a statement or statements therefor submitted to the Trustee monthly or annually Trustee, an aggregate annual fee if so provided and in the amount specified as compensation for the Depositor in the Prospectus for each respective Trust Fund under the caption "Sponsor's Annual Fee per Unit" Prospectus, calculated as specified in the "Summary of Essential Financial Information"Section 3.04, but in no event shall such compensation when combined with all compensation received from other series of the Fund or other unit investment trusts sponsored by the Depositor or its affiliates for providing such supervisory services in any calendar year exceed the aggregate cost to the Depositor for providing such services. The rate of such compensation may be increased by the Depositor from time to time, without the consent or approval of any Unitholder or the Trustee, by amounts not exceeding the proportionate increase, during the period from the date of such the Trust Agreement to the date of any such increase, in consumer prices as last published prior to each such date under the classification "All Services Less Rent of Shelter" in the Consumer Price Index For All Urban Consumers (CPI-U) U.S. City Average, not seasonally adjusted, base 1982 - 84 = 100, published by the United States Department of Labor. In the event that such classification ceases to incorporate a significant number of items, or if a substantial change is made in the method of establishing such classification, then the classification shall be adjusted in a fair and reasonable manner to the figure that would have resulted had no substantial change occurred in the manner of computing such classification. In the event that such classification (or a successor or substitute index) is not available, such governmental or other service or publication as shall evaluate the information in substantially the same manner as the aforesaid classification classification, shall be used in lieu thereof. Such compensation shall be charged by the Trustee, upon receipt of invoice therefor from the Depositor, against the Interest Income and Principal Capital Accounts on or before the Distribution Date on which such period terminatesas specified in Section 3.04. If the cash balance in the Interest Income and Principal Capital Accounts shall be insufficient to provide for amounts payable pursuant to this Section 3.133.11, the Trustee shall have the power to sell (i) Bonds Securities from the current list of Bonds Securities designated to be sold pursuant to Section 5.02 hereof, or (ii) if no such Bonds Securities have been so designated, such Bonds Securities as the Trustee may see fit to sell in its own discretion, and to apply the proceeds of any such sale in payment of the amounts payable pursuant to this Section 3.133.11. Any moneys payable to the Depositor pursuant to this Section 3.13 3.11 shall be secured by a prior lien on the Trust Fund except that such lien shall be junior and subordinate to any lien in favor of the Trustee under the provisions of Section 8.08 and of the Evaluator under the provisions of Section 4.03.

COMPENSATION OF DEPOSITOR FOR SUPERVISORY SERVICES. As compensation for providing supervisory portfolio services under this Agreement, the Depositor shall receive against a statement or statements therefor submitted to the Trustee monthly or annually an aggregate annual fee in the amount specified as compensation for the Depositor in Part II of the Prospectus for each respective Trust Fund under the caption "Sponsor's Annual Fee per Unit" in the "Summary of Essential Financial Information"Agreement, but in no event shall such compensation when combined with all compensation received from other series of the Fund or other unit investment trusts sponsored by the Depositor or its affiliates for providing such supervisory services in any calendar year exceed the aggregate cost to the Depositor for providing such services. The rate of such compensation may be increased by the Depositor from time to time, without the consent or approval of any Unitholder or the Trustee, by amounts not exceeding the proportionate increase, during the period from the date of such Trust Agreement to the date of any such increase, in consumer prices as last published prior to each such date under the classification "All Services Less Rent of Shelter" in the Consumer Price Index For All Urban Consumers (CPI-U) U.S. City Average, not seasonally adjusted, base 1982 - 84 = 100, published by the United States Department of Labor. In the event that such classification ceases to incorporate a significant number of items, or if a substantial change is made in the method of establishing such classification, then the classification shall be adjusted in a fair and reasonable manner to the figure that would have resulted had no substantial change occurred in the manner of computing such classification. In the event that such classification (or a successor or substitute index) is not available, such governmental or other service or publication as shall evaluate the information in substantially the same manner as the aforesaid classification shall be used in lieu thereof. Such compensation shall be charged by the Trustee, upon receipt of invoice therefor from the Depositor, against the Interest and Principal Accounts on or before the Distribution Date on which such period terminates. If the cash balance in the Interest and Principal Accounts shall be insufficient to provide for amounts payable pursuant to this Section 3.13, the Trustee shall have the power to sell (i) Bonds from the current list of Bonds designated to be sold pursuant to Section 5.02 hereof, or (ii) if no such Bonds have been so designated, such Bonds as the Trustee may see fit to sell in its own discretion, and to apply the proceeds of any such sale in payment of the amounts payable pursuant to this Section 3.13. Any moneys payable to the Depositor pursuant to this Section 3.13 shall be secured by a prior lien on the Trust Fund except that such lien shall be junior and subordinate to any lien in favor of the Trustee under the provisions of Section 8.08 and of the Evaluator under the provisions of Section 4.038.08.

COMPENSATION OF DEPOSITOR FOR SUPERVISORY SERVICES. As compensation for providing supervisory portfolio services under this Agreement, the Depositor shall receive against a statement or statements therefor submitted to the Trustee monthly or annually an aggregate annual fee in the amount specified as compensation for the Depositor in the Prospectus for each respective Trust Fund under the caption "Sponsor's Annual Fee per Unit" in the "Summary of Essential Financial Information"Prospectus, but in no event shall such compensation when combined with all compensation received from other series of the Fund or other unit investment trusts sponsored by the Depositor or its affiliates for providing such supervisory services in any calendar year exceed the aggregate cost to the Depositor for providing such services. The rate of such compensation may be increased by the Depositor from time to time, without the consent or approval of any Unitholder or the Trustee, by amounts not exceeding the proportionate increase, during the period from the date of such Trust Agreement to the date of any such increase, in consumer prices as last published prior to each such date under the classification "All Services Less Rent of Shelter" in the Consumer Price Index For All Urban Consumers (CPI-U) U.S. City Average, not seasonally adjusted, base 1982 - 84 = 100, published by the United States Department of Labor. In the event that such classification ceases to incorporate a significant number of items, or if a substantial change is made in the method of establishing such classification, then the classification shall be adjusted in a fair and reasonable manner to the figure that would have resulted had no substantial change occurred in the manner of computing such classification. In the event that such classification (or a successor or substitute index) is not available, such governmental or other service or publication as shall evaluate the information in substantially the same manner as the aforesaid classification classification, shall be used in lieu thereof. Such compensation shall be charged by the Trustee, upon receipt of invoice therefor from the Depositor, against the Interest Income and Principal Capital Accounts on or before the Distribution Date on which such period terminates. If the cash balance in the Interest Income and Principal Capital Accounts shall be insufficient to provide for amounts payable pursuant to this Section 3.133.11, the Trustee shall have the power to sell (i) Bonds Securities from the current list of Bonds Securities designated to be sold pursuant to Section 5.02 hereof, or (ii) if no such Bonds Securities have been so designated, such Bonds Securities as the Trustee may see fit to sell in its own discretion, and to apply the proceeds of any such sale in payment of the amounts payable pursuant to this Section 3.133.11. Any moneys payable to the Depositor pursuant to this Section 3.13 3.11 shall be secured by a prior lien on the Trust Fund except that such lien shall be junior and subordinate to any lien in favor of the Trustee under the provisions of Section 8.08 and of the Evaluator under the provisions of Section 4.03.

COMPENSATION OF DEPOSITOR FOR SUPERVISORY SERVICES. As compensation for providing supervisory portfolio services under this Agreement, the Depositor shall receive at the time specified in Section 3.04, against a statement or statements therefor submitted to the Trustee monthly or annually Trustee, an aggregate annual fee if so provided and in the amount specified as compensation for the Depositor in the Prospectus for each respective Trust Fund under the caption "Sponsor's Annual Fee per Unit" Prospectus, calculated as specified in the "Summary of Essential Financial Information"Section 3.04, but in no event shall such compensation when combined with all compensation received from other series of the Fund or other unit investment trusts sponsored by the Depositor or its affiliates for providing such supervisory services in any calendar year exceed the aggregate cost to the Depositor for providing such services. The rate of such compensation may be increased by the Depositor from time to time, without the consent or approval of any Unitholder or the Trustee, by amounts not exceeding the proportionate increase, during the period from the date of such the Trust Agreement to the date of any such increase, in consumer prices as last published prior to each such date under the classification "All Services Less Rent of Shelter" in the Consumer Price Index For All Urban Consumers (CPI-CPI- U) U.S. City Average, not seasonally adjusted, base 1982 - 84 = 100, published by the United States Department of Labor. In the event that such classification ceases to incorporate a significant number of items, or if a substantial change is made in the method of establishing such classification, then the classification shall be adjusted in a fair and reasonable manner to the figure that would have resulted had no substantial change occurred in the manner of computing such classification. In the event that such classification (or a successor or substitute index) is not available, such governmental or other service or publication as shall evaluate the information in substantially the same manner as the aforesaid classification classification, shall be used in lieu thereof. Such compensation shall be charged by the Trustee, upon receipt of invoice therefor from the Depositor, against the Interest Income and Principal Capital Accounts on or before the Distribution Date on which such period terminates. If the cash balance in the Interest Income and Principal Capital Accounts shall be insufficient to provide for amounts payable pursuant to this Section 3.133.11, the Trustee shall have the power to sell (i) Bonds Securities from the current list of Bonds Securities designated to be sold pursuant to Section 5.02 hereof, or (ii) if no such Bonds Securities have been so designated, such Bonds Securities as the Trustee may see fit to sell in its own discretion, and to apply the proceeds of any such sale in payment of the amounts payable pursuant to this Section 3.133.11. Any moneys payable to the Depositor pursuant to this Section 3.13 3.11 shall be secured by a prior lien on the Trust Fund except that such lien shall be junior and subordinate to any lien in favor of the Trustee under the provisions of Section 8.08 and of the Evaluator under the provisions of Section 4.03.

COMPENSATION OF DEPOSITOR FOR SUPERVISORY SERVICES. As compensation for providing supervisory portfolio services under this Agreement, the Depositor shall receive against a statement or statements therefor submitted to the Trustee monthly or annually an aggregate annual fee if so provided and in the amount specified as compensation for the Depositor in the Prospectus for each respective Trust Fund under the caption "Sponsor's Annual Fee per Unit" in the "Summary of Essential Financial Information"Prospectus, but in no event shall such compensation when combined with all compensation received from other series of the Fund or other unit investment trusts sponsored by the Depositor or its affiliates for providing such supervisory services in any calendar year exceed the aggregate cost to the Depositor for providing such services. The rate of such compensation may be increased by the Depositor from time to time, without the consent or approval of any Unitholder or the Trustee, by amounts not exceeding the proportionate increase, during the period from the date of such Trust Agreement to the date of any such increase, in consumer prices as last published prior to each such date under the classification "All Services Less Rent of Shelter" in the Consumer Price Index For All Urban Consumers (CPI-U) U.S. City Average, not seasonally adjusted, base 1982 - 84 = 100, published by the United States Department of Labor. In the event that such classification ceases to incorporate a significant number of items, or if a substantial change is made in the method of establishing such classification, then the classification shall be adjusted in a fair and reasonable manner to the figure that would have resulted had no substantial change occurred in the manner of computing such classification. In the event that such classification (or a successor or substitute index) is not available, such governmental or other service or publication as shall evaluate the information in substantially the same manner as the aforesaid classification classification, shall be used in lieu thereof. Such compensation shall be charged by the Trustee, upon receipt of invoice therefor from the Depositor, against the Interest Income and Principal Capital Accounts on or before the Distribution Date on which such period terminates. If the cash balance in the Interest Income and Principal Capital Accounts shall be insufficient to provide for amounts payable pursuant to this Section 3.133.11, the Trustee shall have the power to sell (i) Bonds Securities from the current list of Bonds Securities designated to be sold pursuant to Section 5.02 hereof, or (ii) if no such Bonds Securities have been so designated, such Bonds Securities as the Trustee may see fit to sell in its own discretion, and to apply the proceeds of any such sale in payment of the amounts payable pursuant to this Section 3.133.11. Any moneys payable to the Depositor pursuant to this Section 3.13 3.11 shall be secured by a prior lien on the Trust Fund except that such lien shall be junior and subordinate to any lien in favor of the Trustee under the provisions of Section 8.08 and of the Evaluator under the provisions of Section 4.03.