Exchange of Interests. Interests in one Series may be exchanged, without applicability of redemption fees, for Interests of equivalent value of any other Series (an “Exchange”) on any Dealing Day, subject to the conditions on Redemptions in this Article VII, except that an Exchange will be made on the first Dealing Day following the date the Managing Owner is in receipt of an Exchange Request for at least five Business Days. ARTICLE VIII THE LIMITED OWNERS
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Samples: Trust Agreement (World Monitor Trust Ii Series F), Trust Agreement (World Monitor Trust Ii Series E)
Exchange of Interests. Interests in one Series may be exchanged, without applicability of redemption fees, for Interests of equivalent value of any other Series (an “Exchange”) on any Dealing Day, subject to the conditions on Redemptions in this Article VII, except that an Exchange will be made on the first Dealing Day following the date the Managing Owner is in receipt of an Exchange Request for at least five (5) Business Days. ARTICLE VIII THE LIMITED OWNERS.
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Samples: Trust Agreement (World Monitor Trust Series A), Trust Agreement (World Monitor Trust Series B)
Exchange of Interests. Interests in one Series may be exchanged, without applicability of redemption fees, for Interests of equivalent value of any other Series (an “"Exchange”") on any Dealing Day, subject to the conditions on Redemptions in this Article VII, except that an Exchange will be made on the first Dealing Day following the date the Managing Owner is in receipt of an Exchange Request for at least five (5) Business Days. ARTICLE VIII THE LIMITED OWNERS.
Appears in 2 contracts
Samples: Trust and Trust Agreement (World Monitor Trust Series A), Trust and Trust Agreement (World Monitor Trust Series B)
Exchange of Interests. Interests in one Series may be exchanged, without applicability of redemption fees, for Interests of equivalent value of any other Series (an “Exchange”) on any Dealing Day, subject to the conditions on Redemptions in this Article VII, except that an Exchange will be made on the first Dealing Day following the date the Managing Owner is in receipt of an Exchange Request for at least five Business Days. ARTICLE VIII THE LIMITED OWNERS.
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